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BTC, ETH, XRP, ADA and BCH Price Analysis for April 28

Price Predictions
Wed, 04/28/2021 - 18:26
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Denys Serhiichuk
Will today's drop be followed by new peaks?
BTC, ETH, XRP, ADA and BCH Price Analysis for April 28
Cover image via www.tradingview.com

Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of U.Today. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

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The market keeps rising after a slight correction in the morning. All top 10 coins are in the green.

Top 10 coins by CoinMarketCap
Top 10 coins by CoinMarketCap

The vital data for Bitcoin (BTC), Ethereum (ETH), XRP, Cardano (ADA), and Bitcoin Cash (BCH).

Name

Ticker

Market Cap

Price 

Volume (24h)

Change (24h)

Bitcoin

BTC

$1,023,711,130,379

$54,740.24

$46,987,425,583

-0.22%

Ethereum

ETH

$314,104,994,859

$2,715.03

$33,635,901,977

4.45%

XRP

XRP

$61,576,672,281

$1.36

$9,876,843,511

-2.98%

Cardano

ADA

$41,421,849,584

$1.30

$41,421,849,584

0,59%

Bitcoin Cash

BCH

$16,500,014,405

$874.47

$4,007,374,600

0.79%

BTC/USD

Bitcoin (BTC) is the second worst-performing coin on the list, having dropped 0.22 percent. 

BTC/USD chart by TradingView
BTC/USD chart by TradingView

Despite a slight drop at the beginning of the day, Bitcoin (BTC) is looking bullish in the mid-term. 

Related
BTC, ETH, XRP, ADA and BNB Price Analysis for April 25

Bulls have gained footing above $54,000 and are accumulating more power for the ongoing test of the nearest target at $56,600.

Bitcoin is trading at $54,386 at press time.

ETH/USD

Ethereum (ETH) is the best-performing coin today. The price of the chief altcoin has gone up by 4.45 percent over the last day.

ETH/USD chart by TradingView
ETH/USD chart by TradingView

Ethereum (ETH) keeps setting new peaks every day, and the growth might not have reached the peak yet. The volatility is getting lower, which means that traders might expect one more bullish wave to the mark of $2,800.

Ethereum is trading at $2,683 at press time.

XRP/USD

XRP is the main loser today, going down by almost 3 percent.

XRP/USD chart by TradingView
XRP/USD chart by TradingView

XRP is looking less bullish than Bitcoin (BTC) and Ethereum (ETH). Bears keep pushing the price of XRP down even though the trading volume is low. Bulls will get back on track if the daily candle closes above the mark of $1.33.

XRP is trading at $1.33 at press time.

ADA/USD

The price of Cardano (ADA) has remained the same since yesterday, rising by only 0.59 percent.

ADA/USD chart by TradingView
ADA/USD chart by TradingView

Cardano (ADA) has retested the level of $1.33. However, bulls are showing strength, and the price has not gone much lower. The more likely scenario is that buyers will come back to another vital zone at around $1.40 within days.

ADA is trading at $1.29 at press time.

BCH/USD

The price of Bitcoin Cash (BCH) has gone up by 0.79 percent over the past 24 hours.

BCH/USD chart by TradingView
BCH/USD chart by TradingView

Bitcoin Cash (BCH) is trading within the rising channel with no signals of a major drop. The selling volume is low, which means that the bullish trend has not ended yet. In this case, there are all chances of seeing BCH at $990 soon.

BCH is trading at $878 at press time.

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About the author

With more than 5 years of trading, Denys has a deep knowledge of both technical and fundamental market analysis. Mainly, he has started his blog on TradingView where publishes all relevant information and makes predictions about top coins.
Thus, his experience is backed up by working in top blockchain related companies such as W12, Platinum Listing, ATB Coin, and others, can be contacted at denys.serhiichuk@u.today.