
Bitcoin’s recovery (BTC) is still in the face of sales at higher levels, which indicates that bears have not surrendered. Trade materials indicators said in a post on X that “falsified whale” suppresses Bitcoin below USD 87,500.
Although the position is currently restricted, Select analysts believe that the minus is restricted. Co -founder of Bitmex Arthur Hayes said in a post on X that Bitcoin could reach $ 77,000, taking into account that the federal reserve announced a slowdown in the field of quantitative tightening from April.
Daily view of cryptographic market data. Source: Coin360
Another Bitcoin catalyst can be a recession, according to Blackrock Head of Digital Assets, Robbie Mitchnick. In an interview with Yahoo Finance, Mitchnick said that “Bitcoin battery -sophisticated clients” sophisticated to long -term customers are not concerned about the current economic wind and believe that the decline in the market is the possibility of purchase.
Can Bitcoin create a higher level in the near future and exceed a barrier of USD 87,500 in the near future? Will this augment your purchase at Altcoins? Let’s analyze the charts of the 10 best cryptocurrencies to find out.
Bitcoin prices analysis
Bitcoin increased above the 20-day interpretation of the movable average (USD 85 332) on March 19, but the bears stopped the rally on the resistance line.
Daily BTC/USDT chart. Source: Cointelegraph/TradingView
If the price drops below the subordinate line, the BTC/USDT pair may go down to USD 80,000, and then to 76,66,66 USD. It is expected that the zone from 76 606 to 73 777 USD will attract robust purchases via bulls, but if the bears wins, the couple may go down to USD 67,000.
And vice versa, if the price reflects from the growth line and a break above USD 87,500, the couple will probably take the shoot. The 50-day straight movable average (USD 91,136) can act as an obstacle, but it is expected to be exceeded. The pair may augment to USD 95,000, and then to a critical level of 100,000 USD.
Analysis of ether prices
Recovery of Etera (ETH) stuck in a deadline to 20-day EMA (USD 2067), which indicates that bears are busy at higher levels.
Daily chart ETH/USDT. Source: Cointelegraph/TradingView
If the price drops below USD 1,927, the ETH/USDT pair may drop to USD 1800. The buyers are expected to defend the zones from 1750 to USD 1,800, because the break below can open the door to PLN 1550.
This negative view will be annulled if the price increases and increases above the division level USD 2111. This removes the path of a potential rally to the 50-day SMA (USD 2420), and then to USD 2850.
XRP price analysis
XRP (XRP) increased over the average moving on March 19, but the bulls could not keep the pace.
Daily chart XRP/USDT. Source: Cointelegraph/TradingView
Bears are trying to draw a price below 20-day EMA (USD 2.36). If they can do this, the XRP/USDT pair can drop to USD 2.22, and then to critical support of $ 2. The buyers are expected to defeat the USD 2 vigorously, because if they fail in their effort, the pair will complement the bears head and shoulders.
In contrast to this assumption, if the price reflects from the 20-day EMA, it will indicate buying on dips. The couple can then reach the resistance line.
BNB price analysis
BNB (BNB) struggle raised support on an EMA 20-day ($ 608) on March 19, which indicates the purchase on the dips.
Daily chart BNB/USDT. Source: Cointelegraph/TradingView
The 20-day EMA began to appear, and RSI is in a positive zone, signaling that the buyers have a little advantage. A break and closing above USD 644 can spotless the rally path to USD 686. Sellers will try to defend the level of USD 686 with all force, because the break above can catapult a price to 745 USD.
Sellers will have to draw a price below 20-day EMA to prevent a plus. The BNB/USDT pair may then fall to $ 550.
Solana price analysis
Solana (SOL) rejected from 20-day EMA (USD 135) on March 20, signaling that they are still selling bears on miniature rallies of facilitate.
Daily Sol/USDT chart. Source: Cointelegraph/TradingView
The SOL/USDT pair can move to USD 120, and then to $ 110. The buyers are expected to defend this support zone fiercely. If the price reflects from the support zone, Bulls will try to bring a pair above 20-day EMA again. If they succeed, the couple can accumulate up to the 50-day SMA (USD 163).
On the contrary, the break and closing below USD 110 signal the resumption of the inheritance. The couple could fall to USD 98 and ultimately to USD 80.
Cardano price analysis
Cardano (ADA) rejected from the average average on March 20, which indicates that the bears defend the level.
Daily chart ADA/USDT. Source: Cointelegraph/TradingView
Sellers will try to sink the price to the Uptrend line, where the bulls are expected to enter. If the price reflects from the growth line with strength, it will augment the ability to break above the average traffic. The Ada/USDT pair can then collect up to $ 1.02.
Alternatively, the break and closing below the growth line suggests that the bulls have undergone. This can start down in the direction of 0.58 USD, and ultimately to 0.50 USD. Buyers are expected to vigorously defend the support of 0.50 USD.
Dogecoin price analysis
Buyers try to push Dogecoin (Doge) above 20-day EMA (0.18 USD), which indicates a negative sentiment.
Daily Doge/USDT chart. Source: Cointelegraph/TradingView
If prices slide below USD 0.16, the Doge/USDT pair can check the critical support of 0.14 USD again. This is necessary support for bulls to defend, because the break below can sink a pair to 0.10 USD.
On the other hand, a break and closing over 20-day EMA will be the first tip that the buyers have returned to the game. The pair may augment to the 50-day SMA (0.22 USD), and then to 0.29 USD.
Related: XRP Price prices at 75% profit next when the SEC ends the claim against Ripple
Toncoin price analysis
Toncoin (ton) cleaned the 50-day obstacle SMA (USD 3.51) on March 19, but bears are trying to stop the 4 USD traffic.
TON/USDT Daily. Source: Cointelegraph/TradingView
20-day EMA (USD 3.32) began to appear, and RSI jumped into the positive zone, signaling the advantage of the buyer. The price is expected to find support on an EMA 20-day. If this happens, breaks above USD 4 improve. A pair of tons/USDT may augment to $ 5, and later to $ 5.50.
Sellers will have to break the price below 20-day EMA to gain an advantage. The couple may then fall to $ 3.
Chain price analysis
Connect (link) increased above 20-day EMA (USD 14.59) on March 19, but the bulls could not maintain higher levels.
LINK/USDT DAIL DAIL. Source: Cointelegraph/TradingView
The price dropped below 20-day EMA on March 20, which indicates sales at higher levels. Bears will try to sink the price towards key support in the amount of USD 12.
If the price appears from the current level or USD 12, it suggests changing moods from sales at rallies to shopping on DIPs. Bulls will again try to push a pair of link/USDT towards 50-day SMA (USD 16.83), and then up to $ 19.25.
This positive view will be annulled if the price is lower and falls below USD 12. This can sink a pair to psychological support for $ 10.
One, but a lion price analysis
Unus sed leo (Leo) remains stuck below the resistance of USD 10, which indicates that bears hold their land.
Daily Leo/USD chart. Source: Cointelegraph/TradingView
The flattened average movable and RSI near the middle point do not give a clear advantage either bulls or bears. If the price drops and breaks below USD 9.60, it suggests that bears strengthen their position. The Leo/USD pair may go down to the growth line.
On the other hand, the stubborn pattern of the pre -triangle will end during the break and closure above USD 9.90. The couple could then raise the target of USD 12.04.
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.
