📈 #Analytics #Ankr

On an attempt to recover from a strong market decline, the ANKR/USDT price showed good gains and is now in correction. The lowered volatility gives reason to think about the reduced intentions of traders to sell.

📈At the moment the price has stopped at the support zone within the levels of 0.0522 - 0.0540 and is consolidating.

📈If the price resumes growth and consolidates above the resistance in the range of 0.0568 - 0.0580, we can expect the resumption of the uptrend with the nearest targets in the range of 0.0632 - 0.0652.

the information provided does not constitute a trade recommendation

🪙 #Analytics #BTC

The price of Bitcoin (BTC/USDT), being in an uptrend, has formed a consolidation, within which trading is currently taking place.

The resistance level is located in the range of 71 150 - 71 800. The support is the range of 68 400 - 69 000.

📈If the BTC price passes and consolidates above the resistance of 71 800, it will be possible to consider the continuation of growth with the nearest targets in the range of 73 400 - 73 775.

📉Breakdown of the support level of 68 400 by the BTC price downwards will cancel the long scenario.

the information provided is not a trading recommendation

🟡 #Analytics #Chainlink

The price of LINK/USDT coins corrected to the lower boundary of the medium-term range and formed a consolidation above the support zone between the levels of 16.55 - 17.35.

📈The nearest resistance is at 18.45, the breakdown of which by the #LINK price upwards will increase the probability of resumption of the uptrend with targets in the range of 20.00 - 20.75.

📉If the LINK price breaks and consolidates below the support at 16.55, the beginning of a medium-term bearish trend is possible.

the information provided does not constitute a trading recommendation

🟡 #Analytics #Maker

The price of MKR/USDT coins is currently in a bullish trend and trading is taking place within an ascending channel, which against the background of most other instruments demonstrates the interest of traders to buy.

📈The nearest resistance is in the range of 3 910 - 4 000, the breakdown of which by #MKR price upwards can lead to the continuation of growth with targets in the range of 4 300 - 4 500.

📉 Support is in the range of levels 3 500 - 3 610. Breakdown and consolidation of #MKR price below the support level of 3 500 will increase the probability of the trend change to bearish.

the information provided is not a trading recommendation

#Analytics #BitcoinCash

🔊The price of BCH/USDT coins, being in a bullish trend, found resistance in the range of levels 705 - 720, below which it is trading at the moment. The nearest support is located within the levels 656 - 675.

📈Rising local lows may hint at the activity of buyers and interest in traders to continue the bullish trend.

If the #BCH price breaks and consolidates above the 720 resistance level, we should consider the continuation of the uptrend with the nearest targets in the range of 760 - 780.

📉Below the 656 support, the long scenario will have less chance of success.

the information provided is not a trading recommendation

🔊#Analytics #Decentraland

The price of MANA/USDT coins after a decline and consolidation under the strong zone 0.5975 - 0.6020 formed an upward exit and is currently testing this zone as support.

📈The nearest local resistance is located at 0.6125, the breakdown of which by #MANA price upwards will be a signal for the continuation of growth within the formed ascending channel with the potential to test the zone 0.6300 - 0.6500.

📉If the support at 0.5975 is passed by the MANA price down, a return to the lows in the range of 0.5600 - 0.5660 is possible.

the provided information is not a trading recommendation

⏺#Analytics #BNB

The price of BNB/USDT coins demonstrates the interest of buyers to continue the upward trend after consolidation under the resistance zone 620 - 645, which the price is testing for the third time.

📈If the price of #BNB overcomes and consolidates above the resistance level of 645, it is possible to continue the bullish trend with the nearest targets in the range of 680 - 730.

📉The nearest support zone is located within the levels of 570 - 593. Breakdown of the support level by the price of BNB downwards will increase the probability of the beginning of the correction.

the provided information is not a trading recommendation

🟡#Analytics #Bitcoin

Trading for the BTC/USDT coin continues within a downward channel, and at the moment the #BTC price has halted its decline at the lower boundary of the medium-term range.

Support is located within the range of 60 900 - 62 250 levels, which the BTC price has tested for the second time.

📈The nearest resistance is the zone of 63 850 - 65 100. If the BTC price breaks and consolidates above the 65 100 resistance, a change in trend to upward can be considered, with the nearest potential to reach the range of 67 950 - 71 150.

📉Another test and further breakthrough of the support level at 60 900 will continue the downward trend.

the provided information is not a trading recommendation.

⚡️Spot Bitcoin and Ethereum ETFs will officially start trading in Hong Kong on April 30th

🧐 What is the KickEX team's #opinion on this?

Considering the launch of BTC ETFs in the US post-approval, doubts arise that this event will lead to a repetition of the growth we observed previously. However, this is an important step in recognizing cryptocurrencies as a reliable investment tool by institutional investors. It should be noted that investors remember the restrictions on cryptocurrency trading in China, and this event may encourage large investment funds to offer cryptocurrencies to their clients.

However, other events should also be taken into account, such as the comments of the Federal Reserve regarding inflation in the US and their intentions to maintain the interest rate at a high level, which may restrain market participants from active purchases.

In light of these events, the ETH coin may seem more promising for investments since its price has not reached its historical high, unlike BTC, which, after updating its historical highs, paused its growth before the halving.

this is not a trading recommendation

#Analytics #News

#Analytics #Ethereum

🔷 After a decline within a descending correctional trend, the price of the #ETH/USDT coin found support in the range of levels 2817 - 2921, where the technical analysis pattern "Head and Shoulders" was formed, which can be considered as a signal for a trend change to bullish.

📈 The nearest resistance is in the range of levels 3005 - 3037. Breaking this level will confirm the signal for the beginning of price growth with the nearest targets in the range of 3140 - 3215.

🪙 CryptoQuant believes that the recent surge in stablecoin inflows could lead to increased volatility in BTC

#KickEX_Explains

🔼 The influx of new stablecoins into the market is a traditional bullish signal for traders. The introduction of new stablecoins into the market represents the conversion of fiat money into digital currencies, which market participants view as an influx of new funds into the crypto ecosystem.

🕯 Often, news that the company #Tether has issued several billion #USDT indicates that someone has come and bought them for the equivalent of fiat money, and presumably, these billions will be spent on buying cryptocurrencies.

🎢 This, in turn, encourages traders to increase their activity in cryptocurrency speculation in anticipation of catching a good upward movement.

#Analytics