Crypto Market Update: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, LTC, and XRP Outperforms Large Caps.

Bitcoin has been trading below $29,000 for the past several days, with analysts divided on its near-term prospects. Ether's rally turned down from $1,943 on April 5, indicating that the bears are guarding the psychological level at $2,000 with vigor. XRP has stayed above the 38.2% Fibonacci retracement level of $0.49 for the past few days, indicating that the bulls are buying on shallow dips. Binance Coin is turning down from the 20-day EMA ($314), indicating that the bears are fiercely defending the level. Litecoin's failure to push above $96 has emboldened the bears who are trying to strengthen their position by dragging the price below the 20-day SMA ($90).