Bitcoin, Ethereum, Polkadot: price analysis about BTC, ETH and DOT
Bitcoin, Ethereum, Polkadot: price analysis about BTC, ETH and DOT
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Bitcoin, Ethereum, Polkadot: price analysis about BTC, ETH and DOT

By R.L. Bryer - 25 Apr 2022

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Bitcoin (BTC) price Analysis 

Bitcoin’s price narrowly avoided a fifth straight daily candle close in red figures and concluded its daily session +$39.30. 

The BTC/USD 1M chart below from ali_1673 shows BTC’s price trading between the 1.618 Fibonacci level [$33,471.85] and 2 [$57,698.36], at the time of writing. 

The targets to the upside for bullish BTC traders are the 2 fibonacci level and 2.272 [$85,025.61]. 

Conversely, the targets for bearish BTC traders are 1.618 [$33,471.85], 1.272 [$20,440.07] and 1 [$13,870.63].

bitcoin price analysis
Bitcoin price chart

The Fear and Greed Index is 23 Extreme Fear and is -1 from yesterday’s reading of 24 Extreme Fear. 

Bitcoin’s Moving Averages: 5-Day [$40,721.92], 20-Day [$43,080.35], 50-Day [$41,730.65], 100-Day [$42,932.71], 200-Day [$46,876.89], Year to Date [$41,505.09].

BTC’s 24 hour price range is $39,298-$39,871 and its 7 day price range is $38,779-$42,736. Bitcoin’s 52 week price range is $29,341-$69,044. 

The price of bitcoin on this date last year was $50,133. The average price of BTC for the last 30 days is $42,984. 

Bitcoin’s price [+0.10%] closed its daily candle worth $39,486 on Sunday. 

BTC price Analysis 

Bitcoin’s Moving Averages: 5-Day [$40,721.92], 20-Day [$43,080.35], 50-Day [$41,730.65], 100-Day [$42,932.71], 200-Day [$46,876.89], Year to Date [$41,505.09].

BTC’s 24 hour price range is $39,298-$39,871 and its 7 day price range is $38,779-$42,736. Bitcoin’s 52 week price range is $29,341-$69,044. 

The price of bitcoin on this date last year was $50,133.  The average price of BTC for the last 30 days is $42,984. 

Bitcoin’s price [+0.10%] closed its daily candle worth $39,486 on Sunday. 

Ethereum (ETH) price analysis

 

ethereum eth price

Ether’s Moving Averages: 5-Day [$3,031.75], 20-Day [$3,196.75], 50-Day [$2,956.48], 100-Day [$3,184.44], 200-Day [$3,354.75], Year to Date [$2,980.77].

ETH’s 24 hour price range is $2,926-$2,964 and its 7 day price range is $2,898-$3,167. Ether’s 52 week price range is $1,719-$4,878. 

The price of ETH on this date in 2021 was $2,212. The average price of ETH for the last 30 days is $3,179.03. 

Ether’s price [-0.34%] closed its daily candle on Sunday worth $2,922.01 and is -6.04% for the last 30 days. 

Polkadot (DOT) price Analysis

Polkadot’s price closed the weekend with a red daily candle after DOT’s price finished in green figures on Friday and Saturday. DOT’s price closed Sunday’s daily session -$0.49. 

The DOT/USD 1W chart below from thecryer  illuminates how rough the last few months have been for bullish traders of DOT. 

polkadot dot price

DOT’s price is trading between the 0.00% fib level [$14.10] and 23.60% fib level [$23.63], at the time of writing.

The targets to the upside for bullish traders of DOT are 23.60%, 38.20% [$29.62], and 50.00% [$34.49]. 

Bearish traders are looking for a full retracement back to the $14 level before attempting to send DOT’s price back to single digits on the weekly timescale. 

Polkadot’s Moving Averages: 5-Day [$18.55], 20-Day [$19.88], 50-Day [$18.85], 100-Day [$21.71], 200-Day [$27.05], Year to Date [$20.27].

Polkadot’s 24 hour price range is $18.13-$19.15 and its 7 day price range is $17.20-$19.51. DOT’s 52 week price range is $10.38-$54.98. 

Polkadot’s price on this date last year was $29.14.

The average price of DOT over the last 30 days is $19.99. 

Polkadot’s price [-2.63%] closed its daily candle on Sunday valued at $18.17 and DOT’s price is -14.58% for the last 30 days.

R.L. Bryer

Since 2009, the onset of the bitcoin network, R.L. Bryer has been covering the space. He is the author of Blockchain: Project Renaissance Volume I and II. He's also been the guest of countless bitcoin and cryptocurrency related podcasts throughout the world. Every opportunity, he speaks on or writes about Austrian Economics and how bitcoin is the world's preeminent money.

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