Bitcoin's three-day winning streak is encouraging for the bulls, but a quick move above $10,500 is needed to neutralize the so-called "death cross."
Ether's long-term price floor looks to have dropped to $300, courtesy of a bearish head-and-shoulders breakdown.
Bitcoin is eyeing a move towards $9,000, courtesy of a bullish breakout on the 4-hour chart and a bullish hammer reversal on the daily chart.
Ether's technical recovery from the 100-day low hit yesterday looks to be a "dead cat bounce."
Bitcoin's corrective rally may gather traction, however, the overall outlook remains bearish as long as prices stay below $11,700.
Lesser-known cryptocurrencies like Binance Coin and VeChain managed to score gains this week, despite the broader market sell-off.
Bitcoin may see a corrective rally following losses this week, but it still looks too early to call a bottom.
Bitcoin looks set to revisit November lows after dropping below $8,000, but a minor corrective rally looks to be in the offing beforehand.
The bulls' failure to capitalize on bitcoin's recent price recovery has left the doors open for a sharp sell-off to February lows.
Menero will likely drop to $200 - a potential bullish reversal point ahead of the moneroV hard fork, now scheduled for April 30.