BTC, ETH and UNI Price Analysis for April 22

Price Analysis
Thu, 04/22/2021 - 16:05
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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.

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.

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%.

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%.

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.