BTC, XRP and DOGE Price Analysis for April 15


Denys Serhiichuk

Can the top 10 coins grow after the recent correction?

Friday is bearish rather than bullish for the cryptocurrency market since most of the coins are in the red zone.

Top Coins from CoinMarketCap

BTC/USD

Bitcoin (BTC) continued its decline from yesterday, falling 2.43%.

BTC/USD Chart by TradingView

Bulls are still fighting to hold the vital level of $40,000 against the declining trading volume. Bears, however, are holding pressure as they try to close the daily candle below yesterday’s low at $39,500.

If they manage to do that, the fall could soon reach $38,500-$39,000. In another case, consolidation above $40,000 is the prerequisite for a comeback to the nearest $44,200 resistance.

Bitcoin is trading at $40,134 at the time of writing.

XRP/USD

XRP is the only coin on the list that is growing and is up 6.71% in the last 24 hours.

XRP/USD Chart by TradingView

XRP has nearly hit $0.80 against rising trading volume. However, despite today’s growth, the altcoin continues to trade in a wide range between the support at $0.5461 and the resistance at $0.9150. If the bull run continues, the price could return to the zone around $0.85-$0.90.

XRP is trading at $0.7650 at the time of writing.

DOGE/USD

DOGE’s price has remained virtually unchanged since yesterday, and it is up just 0.47%.

DOGE/USD Chart by Trading View

DOGE is trading near the zone with the most liquidity at $0.145 in the middle of the channel, meaning no bulls or bears dominate at the moment. Currently, one should pay close attention to the USD 0.15 level. If the daily candle hangs above it, the gain may continue as far as the orange resistance line at $0.1796. Such a scenario is relevant until the end of the month.

DOGE is trading at $0.1465 at the time of writing.

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