Bitcoin, Ethereum, XRP, Dogecoin Go Sideways But This Trader Says You 'Shouldn't Long' One Of Them

Author: Ivan Crnogatić | April 14, 2025 03:34pm

Cryptocurrency markets are trading sideways on Monday amid ongoing tariff uncertainty.

Cryptocurrency	Price	24-Hour Gains +/-
Bitcoin (CRYPTO: BTC)	$84,890	+0.4%
Ethereum (CRYPTO: ETH)	$1,645	+0.8%
Solana (CRYPTO: SOL)	$130.30	-0.8%
XRP (CRYPTO: XRP)	$2.15	-0.7%
Dogecoin (CRYPTO: DOGE)	$0.1613	-3.2%
Shiba Inu (CRYPTO: SHIB)	$0.0000122	-1.4%

Notable Statistics:

• IntoTheBlock data shows large transaction volume decreasing by 2% and daily active addresses down by 6%.
• Coinglass data reports 162,000 traders were liquidated in the past 24 hours for $380.80 million.

Notable Developments:

• Why Stablecoins Are The US Dollar’s Overlooked Advantage
• XRP Spikes 13% In 7 Days: What Is Going On?
• Bitcoin Surges Back To $85,000: What Does The Technical Analysis Show?
• Strategy Adds 3,459 Bitcoin Despite Q1 Losses, Holds 2.5% Of BTC Supply

Top Gainers:

Cryptocurrency	Price	Gains +/-
Monero (CRYPTO: XMR)	$216	+5.1%
Fartcoin (CRYPTO: FARTCOIN)	$0.9047	+5.0%
Kaspa (CRYPTO: KAS)	$0.077	+2.6%

Trader Notes: Prominent trader Crypto Kaleo expects Bitcoin dominance to peak soon, which would spark a rally in altcoins compared to Bitcoin.

Analyst Altcoin Sherpa has bad news for Ethereum investors, stating that “you shouldn’t long this coin” until it shows strength. He does not expect a reversal any time soon and expects Ethereum to hit 2019 levels on the Bitcoin trading pair.

Trader Cold Blooded shiller highlights $87,000 as a key level for a “significant change in market momentum,” which would provide the “simplest, cleanest long setup in two months.”

Above $87,000 for $BTC would mark a significant change in the market momentum.

You can also see this simplicity on the candle chart with the RSI consistently rejecting at the 50 level.

When these break upwards it'll be the simplest, cleanest long set ups we've seen in 2 months. https://t.co/Rp417jDODQ pic.twitter.com/5ls0Va8DDg

— Cold Blooded Shiller (@ColdBloodShill) April 14, 2025

Read Next: 

• Bitcoin, Stablecoins Will Gain From Trade War, Experts Say: ‘The Map Is Being Redrawn’

Image: Shutterstock

Posted In: $BTC $DOGE $ETH $KAS $SHIB $SOL $XMR $XRP