BTC, ETH, XRP, BNB, SOL, Doge, Ada, Leo, Link, Avax

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Bitcoin (BTC) shows strength because the buyers exceeded the price above USD 82,500, but higher levels will probably attract solid sales from the bear. Cryptoquant analysts stated in the recent market report that Bitcoin may meet with resistance of around USD 84,000, but if the level is exceeded, the next stop can be USD 96,000.

Although commercial tensions between the United States and China have expanded, the Bitise institutional investment company remains stubborn at Bitcoin. Matt Hougan, BitWise investment director, said in the post on X that the previously expected goal of the company in the amount of USD 200,000 on Bitcoin remains in the game.

Daily view of cryptographic market data. Source: Coin360

However, market participants remain cautious in the near future. According to Farside Investors Farside Investors, on the stock exchange in the Bitcoin Traded stock exchange they still watched the outflows on April 9 and April 10 data.

Can Bitcoin break and keep the general resistance beyond? Will Altcoins follow Bitcoins higher? Let’s analyze the charts of the 10 best cryptocurrencies to find out.

Bitcoin prices analysis

Bitcoin’s recovery of 73,777 USD has reached a resistance line, which is a critical level to which you should be careful in the near future.

Daily BTC/USDT chart. Source: Cointelegraph/TradingView

The 20-day interpretation of the movable average (USD 82,435) decreases, but the relative force indicator (RSI) increased near the middle point, which indicates that the bear’s shoots are weakened. It is expected that the BTC/USDT pair will have intensive sales on the retaining line, but if the bulls wins, the rally can reach USD 89,000, followed by USD 95,000.

Sellers will probably have other plans. They try to defend the resistance line and draw a price below immediate support of 78,500 USD. If they manage to do this, the couple can again check the necessary support of 73 777 USD.

Analysis of ether prices

Ether (ETH) bounced off the support of USD 1368 on April 9, but the bulls try to maintain higher levels.

Daily chart ETH/USDT. Source: Cointelegraph/TradingView

Medium movable down and RSI on a negative territory suggest that bears keep the edge. Sellers will try to sink a pair of ETH/USDT below USD 1368. If they manage to do this, sales can speed up, and the couple may fall to $ 1150.

If buyers want to prevent failure, they will have to quickly exceed the price above USD 1754. This removes the path of the rally to the division level USD 2111. This is a necessary level for bears for defense, because a break above USD 2111 suggests a tiny -term change of trend.

XRP price analysis

XRP (XRP) increased above the level of division $ 2 on April 9, but recovery faces before sale on a 20-day EMA (USD 2.09).

Daily chart XRP/USDT. Source: Cointelegraph/TradingView

If the price drops from a 20-day EMA, bears will try to sink a pair of XRP/USDT for critical support of USD 1.61. The buyers are expected to defeat $ 1.61, because the break below can neat the path of the estate to $ 1.27.

Alternatively, if the price increases above the 20-day EMA, it suggests that the markets have rejected a failure below USD 2. The couple can gather to the resistance line, where the bears are expected to attach mighty defense.

BNB price analysis

BNB (BNB) reached the 20-day EMA (USD 590), which is an critical short-term resistance to which you should be careful.

Daily chart BNB/USDT. Source: Cointelegraph/TradingView

Sellers will try to defend the zone between the 20-day EMA and the bottom line, but if the bulls do not abandon a lot of land, it improves the perspectives of the break above the resistance zone above the head. The BNB/USDT pair can then rise to USD 644.

In contrast to this assumption, if the price drops rapidly from general resistance, it suggests that the bears did not give up. This may get stuck in a triangle for some time.

Solana price analysis

Solana (SOL) increased above the level of $ 110 on April 9, but the bulls are in the face of resistance on an EMA 20-day (121 USD).

Daily Sol/USDT chart. Source: Cointelegraph/TradingView

A tiny advantage in favor of Bulls is that bears did not allow the price to fall below USD 110 on April 10. This shows the purchase on the dips. If bulls dig a price above 20-day EMA, the SOL/USDT pair can collect up to 50-day SMA (USD 133), and then to USD 153.

This positive view will be annulled in a tiny period if the price drops rapidly from an EMA and breaks below USD 110. The couple could then check the low level of 95 in the amount of USD 95 again.

Dogecoin price analysis

The buyers successfully defended USD 0.14 in Dogecoin (Doge), but they have not yet cleaned the average.

Daily Doge/USDT chart. Source: Cointelegraph/TradingView

If the price drops rapidly from the walking average, it suggests that the sentiment remains negative and traders sell at rallies. This increases the probability of a break below 0.14 USD. The Doge/USDT pair could then fall violently towards the next significant support of 0.10 USD.

And vice versa, a break and closing above average traffic will be the first sign of strength. There is a resistance is 0.20 USD, but if the bulls overcome it, the pair will end the double bottom pattern. The pair can march up to USD 0.24, and then to 0.26 USD.

Cardano price analysis

Cardano (ADA) reached the 20-day EMA (0.65 USD), which is a mighty, short-term resistance to be careful.

Daily chart ADA/USDT. Source: Cointelegraph/TradingView

If the price exceeds 20-day EMA, the Ada/USDT pair can reach the 50-day SMA (0.71 USD). This level can be a mighty challenge again, but if the buyer wins, the couple can collect $ 0.83.

On the contrary, if the price drops rapidly from an EMA, it signals that they sell bears on every tiny rally. This increases the risk of break below USD 0.50 support. If this happens, the couple can move to USD 0.40.

Related: Bollinger Bands Creator says Bitcoin creates a “classic” floor near $ 80,000

One, but a lion price analysis

Unus sed leo (Leo) returned back above the height line on April 9, signaling a constant demand at lower levels.

Daily Leo/USD chart. Source: Cointelegraph/TradingView

20-day EMA (USD 9.38) is flattened, and RSI is close to the middle point, which suggests a balance between pad and demand. If the price exceeds the 20-day EMA, the Leo/USD pair may achieve general resistance for USD 9.90.

If the price drops from a 20-day EMA, it suggests that bears are still selling at rallies. Bears will take another attempt to sink a pair below USD 8.79. If they succeed, the decline may extend to USD 8.30.

Chain price analysis

BainLink (link) has been trading in the falling channel pattern for several days. The reflection on April 9 shows that Bulls are trying to defend the support line.

LINK/USDT DAIL DAIL. Source: Cointelegraph/TradingView

It is expected that the moving average will act as a stiff resistance on the road. If the buyers support the price above the following average, the link/USDT pair may raise the shoots and accumulate up to USD 16, and later to USD 17.50.

On the contrary, if the price drops from the average movable, suggests that bears are vigorous at higher levels. Bears will take another attempt to sink the pair below the support line.

Avalante price analysis

Avalanche (Avax) rapidly affected $ 15.27 on April 9, which indicates solid shopping at lower levels.

Avax/USDT diary. Source: Cointelegraph/TradingView

There is resistance in the zone between the 50-day SMA (20 USD) and the relegation line, but if the buyers overcome it, the Avax/USDT pair may augment to $ 23.50.

Sellers are expected to aggressively defend the USD 23.50, because the break and closing over it will complement the double bottom pattern. This reversal configuration has a goal of $ 31.73.

Instead, if the price drops from general resistance, it suggests that the couple may remain range from USD 15.27 to 23.50 for some time.

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.

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