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The post Here’s How BTC, LTC, DOGE, and LUNA Price Are Set To Perform In April! appeared first on Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide

The Crypto market had started the week with a bull run but as the market is bleeding red today, it looks like the market is about to close the week on a bearish note. 

Bitcoin bulls struggled hard to surpass the $47,500 level. However, after multiple failed attempts to do so, the bulls have given up sliding the Bitcoin price below $45,000. At the press time, Bitcoin is trading at $44,754 with a plunge of 4.98% in the last 24hrs.

On the other hand with Ethereum’s price dropping below $3,300, other altcoins too have plunged. Litecoin, which has decreased by 6.5% over the last 24hrs is trading at $121.69 at the time of writing. Also at press time, the meme head, Dogecoin, is changing hands at $0.13 with a plunge of 7.21% in the last 24hrs.

Analysts Expect BTC Bull Run Soon!

A veteran and pseudonymous Crypto trader, Kaleo informs his 475,300 followers on Twitter that with an increased Bitcoin price rally witnessed recently, he hopes BTC to rally a bit more and drop in the mid $50,000 range.

The immediate support for Bitcoin lies at $42,000 along with an immediate resistance barrier at $45,500 and $46,000.

Optimistic Out Look On Altcoins!

As per Kaleo, though Altcoins have performed pretty well, he is uncertain how Litecoin (LTC), a virtual peer-to-peer cryptocurrency will trade in the coming days.

For Litecoin the immediate support lies at $100 and the resistance barrier at $160. If the currency successfully surpasses $160, then Litecoin will reach $170 & $180. On the flip side if it falls below $100, then LTC might plunge towards $90 and $80.

The next currency on the pseudonymous trader’s radar is Dogecoin. On March 23rd Kaleo had expected Dogecoin to follow the 2018 rally. As the meme coin has gained nearly 20%, Kaleo expects some positive move.

Lastly, Kaleo has Terra (LUNA). As the altcoin price broke the $90 range on March 27th, the analyst expects the currency to trade past $150 during this cycle.

At the time of reporting, Terra (LUNA) is trading at $101.46 with a decrease of 5.21% in the last 24hrs.

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