The cryptocurrency community is very waiting for the first in history of the White House cryptographic peak on March 7, which is to provide more details about the planned cryptographic reserve announced by US President Donald Trump on March 2.

Although the initial advertisement included Bitcoin (BTC), Ether (ETH), XRP (XRP), Solana (SOL) and Cardano (ADA), several critics slammed the idea of ​​adding centralized Altcoins along with Bitcoins in the reserve. The Secretary of American Trade Howard Lutnick explained today in an interview with Pawłów that Bitcoin would probably have a special status in the national cryptocurrency reserve.

Matt Hougan, BitWise investment director, said on the market of March 5 that the American cryptographic reserve “will be almost completely Bitcoin and will be greater than people think.” He added that similar ads in other countries will probably take place after the US cryptographic reserve.

Cryptocurrencies are proposed for cryptographic reserve, increased after the announcement, but then called a huge part of their profits. Their weekly charts have been analyzed to avoid the nearest noise. This will facilitate you understand the levels in which popularity begins.

Bitcoin prices analysis

The price of bitcoins increased from the last sales, and the positive sign is that Bulls did not allow you to close the price below the 20-week interpretation of the movable average (USD 90,664). This shows that the bulls are energetic at lower levels.

Bulls will try to strengthen their position, exceeding the price above the psychological barrier to $ 100,000. If they manage to do this, it will spotless the path for the re -test of all -time in the amount of USD 109,588. Sellers will try to defend the level of USD 109,588, but if the winner wins, the BTC/USDT pair may escalate to USD 138,000.

In contrast to this assumption, if the price does not stay above 100,000 USD, suggests that bears are trying to create a lower level. The couple can then go down to a 50-week-old straight movable medium (USD 75,543).

Analysis of ether prices

Ether has created a huge range from USD 2111 to 4,094 USD. The price has recently dropped below $ 2,000, but the long tail on the candlestick shows the purchase at lower levels.

The destitute reflection from USD 2,111 suggests that demand is drying. This increases the risk of failure below USD 2111. If this happens, it indicates that the ETH/USDT pair may have been supplemented in the near future. The couple can start a downward trend up to USD 1500, and then to USD 1075.

Buyers will have to push and maintain the price above the following average to signal that the range associated with the range remains intact. The couple can then climb to the top of $ 4,094. This is a critical general resistance for bears for defense, because the break over it can spotless the path of the rally up to USD 4,868, and ultimately to the target 6077 USD.

XRP price analysis

XRP consolidates up. After a vertical rally, the price usually takes breath before starting another move.

The XRP/USDT pair oscillates from 2 to 3 USD for several weeks, which indicates a arduous battle between bulls and bears. Sellers defend general resistance, while bulls buy near support. The longer the price is within reach, the stronger, the final break.

A break and closing above $ 3 will be the first indication that the range has been solved in favor of bulls. This opens the door to a possible rally to 4 USD, and then 5 USD. Instead, if the price drops and breaks below USD 2, indicates that the pair reached the summit in the medium period. This increases the risk of falling to USD 1.50.

Related: Will the price of bitcoins break down again?

Solana price analysis

Solana reached a up-to-date level of all time on January 19, but it turned out to be a bull’s trap. Since then, the price was in a solid correction, indicating sales by traders.

Bulls is expected to defend the support zones fiercely from 120 to 110 USD. If they succeed, he suggests that 110 USD is a up-to-date floor. However, bears are unlikely to give up easily. They will sell at the rallies of an EMA 20-week (USD 190). If the price drops from a 20-week EMA, the couple may drop to $ 110 and go between these two levels for several weeks. A break and closing below USD 110 can sink a pair of 80 USD.

The first sign of strength will be a break and nearly over 20 weeks EMA. There is a resistance of USD 205, but it will probably be exceeded. If this happens, the Sol/USDT pair can collect up to $ 260, where the bears are expected to have a robust defense. Buyers will have to reach a robust approach above $ 260 to signal the beginning of a up-to-date upward trend.

Cardano price analysis

Cardano has been pinned below USD 1.25 from the beginning of 2022, but a compact positive thing is that Bulls are trying to return.

If the buyers reach a price above USD 1.25, the Ada/USDT pair may take a momentum. Usually, when the price comes out of a huge base formation, it leads to robust growth. The couple may face a compact resistance of USD 1.64, but it will probably be exceeded. The couple could then climb $ 2.38.

Alternatively, if the price stays below USD 1.25, choose brief -term traders who could buy at lower levels, there may be the temptation to reserve profits. This can attract the price to the 50-week SMA (0.59 USD), which is a necessary support to be careful about. If the price reflects the 50-week SMA with strength, the bulls will try to push the steam in the direction of $ 1.25. The couple may remain for a moment between 50-week-old SMA and USD 1.25.

This article does not contain investment advice or recommendations. Each investment and commercial movement involves risk, and readers should conduct their own research when making decisions.