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BTC, ETH and UNI Price Analysis for April 22

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Thu, 22/04/2021 - 16:05
BTC, ETH and UNI Price Analysis for April 22
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The market is neither totally bullish nor bearish as some coins are already located in the green zone, while others have come back to red.

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Top 10 coins by CoinMarketCap

The vital data for Bitcoin (BTC), Ethereum (ETH) and Uniswap (UNI):

Name

Ticker

Market Cap

Price 

Volume (24h)

Change (24h)

Bitcoin

BTC

$1,018,303,575,192 $54,480.88 $63,581,463,272 -2.16%

Ethereum

ETH

$298,871,152,682 $2,587.90 $47,123,756,561 8.17%

Uniswap

UNI

$19,240,426,569 $36.76 $2,372,576,531 14.30%

BTC/USD

Bitcoin (BTC) is the only coin from our list that is still located under bearish influence. It has fallen by 2.16% over the past day.

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BTC/USD chart by TradingView

On the daily chart, Bitcoin (BTC) keeps trading sideways. However, after a bearish candle, buyers have seized the initiative and continue pushing the rate up. In this case, there are chances to attain the area of MA 50, around the $56,800 mark.

Bitcoin is trading at $54,540 at press time.

ETH/USD

Ethereum (ETH) has set the new peak today at the level of $2,606. The rise is 8.17%.

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ETH/USD chart by TradingView

Applying the Fibonacci retracement on the chart, the peak may be located at the level of $3,200.

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However, at the moment, the coin is overbought and consolidation in the range of $2,500-$2,600 is the most likely scenario for the upcoming days.

Ethereum is trading at $2,587 at press time.

UNI/USD

Uniswap (UNI) is the biggest gainer today as the rate of the altcoin has risen by 14%.

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UNI/USD chart by TradingView

Despite the sharp growth, UNI is not going to stop rising. On the daily chart, it is about to reach the vital resistance level at $40.06. If bulls break it, the coin might show sharp growth.

UNI is trading at $37.09 at press time.

 
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