Log in

Market Analysis

Members Breakdown - 2 April 2021

Updated: Jul 25, 2024
Published: Apr 2, 2021
0
Share:

Post Feature Image

BTC

This is the drumroll time :drum:$60,000 is being challenged.
Buyers are stepping in higher each time which is leading to the creation of higher lows - show of buying power. $60,000 is the level that needs to be crossed for further upside continuation. This resistance is paired perfectly with ETH's resistance at $2,000 as explained below.

ETH

The previous daily high ($1,955) has been turned from resistance into support. All it took was guts to buy the dip - which we have at $1,430.
The main resistances for BTC & ETH that need to be crossed are $60,000 and $2,000. After that, comes price discovery.

DOT

DOT bottomed at $27.30 and has since created higher highs and higher lows which is leading to $40 again. A daily candle closure above that level can help it grow and enter price discovery once again.

SNX

SNX's price action managed to breakout from the counter-trendline and $18.25. While the next technical level is $23.60, SNX will likely extend back towards $30.

RUNE

RUNE has gone into a vertical run after reclaiming $5.72 on the daily timeframe. $7.50 is intermediate support which price "may" retest before heading back towards $10+.

SRM

SRM is still on its way from $4.50 into $6.50. Serum is going to enter a very interesting phase in the coming weeks where it will be considered a Bluechip token in the Solana space

FTT

FTT is continuing its pursuit of price discovery after having crossed $38.50 on the daily timeframe.

SOL

SOL needs to maintain $17.75 as support. For as long as that holds, it is poised for price discovery, with the next level being $30.
Disclaimer: Not financial advice nor any sort of recommendation.

Get started for free

Create your free account or log in to read the full article.

By signing up, you agree to our Terms & Conditions
Recommended from Cryptonary
Market Pulse: Bitcoin's Security Under Debate
Market Pulse
Market Pulse: Bitcoin's Security Un...Speculation around quantum computing threats to Bitcoin is ramping up, shaking confidence just as ri...
2 min read
Dec 19, 2025
AMA with Adam & Abror: 18th december
PRO
Livestreams
AMA with Adam & Abror: 18th decembe...In this conversation, Abror and Adam discuss the recent inflation data and its impact on the market,...
1 min read
Dec 19, 2025
Market Pulse: Inflation Data is Out!
PRO
Market Pulse
Market Pulse: Inflation Data is Out...Inflation came in well below expectations, shifting focus from price pressures to the labour market....
4 min read
Dec 18, 2025