Here are the latest trade signals for key cryptocurrencies based on live market analysis and current trends. These positions are suitable for short to medium-term trading, spanning 1 to 7 days.
1. Bitcoin (BTC)
• Entry: $97,000 - $98,500
• Target: $102,000 - $105,000
• Stop Loss: $94,000
• Trend: Bullish
• Reason: Bitcoin continues to dominate the market with strong momentum, rising 3.77% in the last 24 hours.
2. Ethereum (ETH)
• Entry: $3,350 - $3,400
• Target: $3,600 - $3,800
• Stop Loss: $3,200
• Trend: Bullish
• Reason: Ethereum is up by 8.56%, indicating significant recovery and investor confidence.
3. Solana (SOL)
• Entry: $250 - $255
• Target: $280 - $300
• Stop Loss: $240
• Trend: Bullish
• Reason: With a 6.96% increase, Solana shows strong momentum and potential for further gains.
4. Dogecoin (DOGE)
• Entry: $0.38 - $0.385
• Target: $0.42 - $0.45
• Stop Loss: $0.35
• Trend: Consolidation
• Reason: DOGE is stable with a modest 1.91% rise, making it a candidate for a breakout.
5. XRP
• Entry: $1.20 - $1.22
• Target: $1.30 - $1.40
• Stop Loss: $1.15
• Trend: Bullish
• Reason: XRP has surged by 7.74%, supported by strong trading volumes and investor sentiment.
6. Cardano (ADA)
• Entry: $0.80 - $0.82
• Target: $0.88 - $0.92
• Stop Loss: $0.75
• Trend: Consolidation
• Reason: ADA is slightly down by 1.35% in the last 24 hours, but its 7-day performance (+38.05%) shows strong long-term momentum.
Time Frame and Strategy
• Time Frame: These trades are designed for a 1 to 7-day window, depending on market momentum:
• BTC and ETH may take up to 10 days to hit their targets due to larger market caps.
• SOL, XRP, DOGE, and ADA are likely to hit targets within 3-5 days, given their recent activity.
• Strategy: Monitor these positions closely and adjust based on price action or market news. Use stop-loss orders to manage risk and secure profits when targets are reached.
Stay updated with the latest trends and analysis for successful trading. Good luck!
#BTC100KToday? #GaryGenslerResignation #JoblessClaimsLowestApril #COSSocialFiRevolution #EyesOnBTC 