Bitcoin and Ethereum analysis 04/27/2021: BTC and ETH demonstrating their power


Talking Crypto

The two largest cryptocurrencies by capitalization showed all their power this Monday and started on Tuesday with everything.

Bitcoin breaking $ 54,000 and Ethereum riding back to $ 2,500. Establishing both important supports in order to continue with the uptrend, after a rather complicated previous week, especially for the BTC king.

Although a small pullback can be foreseen today, but it will not be very big.


BITCOIN ANALYSIS 27 04 2021 "width =" 1024 "height =" 473 "srcset =" -2021-1024x473.jpg 1024w, 300w, https: / / 768w, 2021/04 / 1280w "sizes =" (max-width: 1024px) 100vw, 1024px
Bitcoin price chart 04/27/2021 | TradingView

Bitcon managed to settle above $ 53,000 steadily and the bulls have been charging hard.

At the time of writing they have broken the $ 54,000 strong, looking to follow the path towards $ 60,000 per BTC.

The bears, for their part, have been inoperative these last two days and have not been able to establish any strong support.

However, this Tuesday they could slow the rise a bit due to the closing of the CME, and look for EMAS 21 and 55, around 52,500 and 51,500 dollars.


ANALYSIS ETHEREUM 27 04 2021 "width =" 1024 "height =" 473 "srcset =" -2021-1024x473.jpg 1024w, 300w, https: / / 768w, 2021/04 / 1280w "sizes =" (max-width: 1024px) 100vw, 1024px
Ethereum price chart 04/27/2021 | TradingView

Ethereum for its part is pretty solid above $ 2,400 and at the time of this article it has been over $ 2,500 with ease.

The bulls are looking quite optimistically to continue the rally and set new highs. Its first target is the $ 2,600 per ETH level and from there continue to set new all-time highs.

The bears, for their part, who have had a tough time, could seek the $ 2,400 and $ 2,350 levels today.

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Analysis by analyst César Quintero for Cryptocurrency

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