The Crypto Daily Movers and Shakers April 5th, 2021 – FX Empire

A bearish start to the day saw Bitcoin fall to an early morning intraday low $56,500.0 before making a move.

Steering clear of the first major support level at $55,981.0, Bitcoin rallied to a mid-afternoon intraday high $58,480.0.

Falling short of the first major resistance level at $58,950.0, Bitcoin slipped back to sub-$58,000 levels.

Finding late support, however, Bitcoin move back through to $58,200 levels to end the day in the green.

The near-term bullish trend remained intact supported by the recovery to $58,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $26,041 to form a near-term bearish trend.

Across the rest of the majors, it was a mixed day on Sunday.

Crypto.com Coin fell by 1.95% to buck the trend on the day.

It was a bullish day for the rest of the majors, however.

Binance Coin and Ripples XRP rallied by 8.41% and by 9.69% respectively to lead the pack.

Chainlink (+4.96%), Ethereum (+3.35%), Litecoin (+3.58%), and Polkadot (+4.94%) also found strong support.

Bitcoin Cash SV (+2.14%), Cardanos ADA (+1.71%) trailed the front runners, however.

It was also a mixed week for the crypto majors.

Cardanos ADA slipped by 0.65% to buck the trend.

It was a bullish week for the rest of the pack, however.

Binance Coin (+29.93%) and Polkadot (+31.58%) led the way, with Ethereum rallying by 23.09%.

Bitcoin Cash SV (+14.66%), Chainlink (+15.29%), and Ripples XRP (+16.11%) also made solid gains.

Crypto.com Coin (+4.97%) trailed the front runners, however.

In the week, the crypto total market fell to a Monday low $1,671bn before rising to a Saturday high $1,932bn. At the time of writing, the total market cap stood at $1,872bn.

Bitcoins dominance rose to a Wednesday high 61.34% before falling to a Sunday low 57.67%. At the time of writing, Bitcoins dominance stood at 58.01%.

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The Crypto Daily Movers and Shakers April 5th, 2021 - FX Empire

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