🔔 Market Update • 23 April 2025 #als9 #Crypto #MarketUpdate #BTC #ETH #XRP #CRV #VTHO
1. Bitcoin (BTC/USDT)
2. • Current Price: ~ $94,105.53
• Trend: Bullish continuation above the 20-day EMA, with higher highs on the 4H chart.
• • Key Levels:
Resistance at $96,000–$97,000
Support at $92,000 (20 EMA) & $88,000 (200 EMA)
• Indicators: RSI near overbought (~68), MACD histogram positive.
2. Ethereum (ETH/USDT)
3. • Current Price: ~ $1,794.63
• Trend: Consolidation between $1,750–$1,820 after recent rally.
• • Key Levels:
Resistance at $1,820 (psychological) & $1,850 (fib 0.618)
Support at $1,760 & $1,720
• Indicators: RSI around 60, MACD neutral–slightly bullish.
3. Altcoin Highlights
XRP/USDT: $2.2831
Testing support at $2.10; resistance at $2.40. Look for 4H RSI divergence signalling a bounce.
CRV/USDT: $0.6783
Reclaimed the key 1H EMA; next hurdle at $0.75. MACD crossover on 1H hints at further upside.
VTHO/USDT: $0.002656
Testing the descending trendline at $0.0027. A 4H close above could open $0.0030.
4. Macro Sentiment
5. • Equities near all-time highs; crypto riding the risk-on wave ahead of tomorrow’s US Fed minutes. A dovish tone could fuel further upside.
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