Bitcoin rallies among macroeconomic fears – are the next Hype, Ondo, RNDR and Kas?

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Bitcoin (BTC) returned this week, increased by more than 7%, which indicates solid shopping at lower levels. Co -founder of Bitmex Arthur Hayes said in a post to X that the American bond market crisis More politics reactionsAnd this can cause “the only up mode” for Bitcoin.

Blockchain and the Glassnode intelligence platform said in the post on X that Bitcoin built a solid support of 79,000 USD, with about 40,000 bitcoins accumulated there. The creator of Bollinger Bands John Bollinger also repeated similar views. In the post on X Bollinger said Bitcoin was creating a “classic Bollinger band” but required confirmation.

Daily view of cryptographic market data. Source: Coin360

Market participants will carefully observe the efficiency of the American dollar index (DXY), which is commercial below level 100. Any further weaknesses of the American dollar can be stubborn for Bitcoin.

If Bitcoin manages to maintain higher levels, it will probably boost the sentiment in the cryptocurrency sector. This can cause recovery in selected altcoins. What are the cryptocurrencies that can benefit from Bitcoin?

Bitcoin prices analysis

Bitcoin broke and closed above the resistance line on April 12, which is the first indication that the correction phase may end.

Daily BTC/USDT chart. Source: Cointelegraph/TradingView

Bears are unlikely to easily give up and try to withdraw the price below the 20-day interpretation of the movable average (USD 82,885). If they manage to do this, he suggests that bears remain busy at higher levels. The BTC/USDT pair can then drop to 78,500 USD.

Buyers will probably have other plans. On the way down they will try to defend 20-day EMA. If the price reflects from an EMA 20-day, it will signal a change in moods from sales at rallies to shopping on dips. This increases the rally perspectives to USD 89,000, and then to USD 95,000.

4-hour BTC/USDT table. Source: Cointelegraph/TradingView

The 20th by 20, and the relative force indicator (RSI) is in positive territory, which indicates an advantage for bulls. The reflection with 20 suggests that bulls are trying to convert a resistance line into support. The couple may face the $ 89,000, but they will probably be exceeded. This can drive a pair to the zone from 92,000 to 95,000 USD.

On the other hand, average walking is a key support for bulls to defense. If they fail in their undertaking, the couple could drop rapidly to $ 78,500.

HyperLiczów price analysis

Hyperliquid (Hype) was closed above 50-day SMA (USD 15.14) on April 11 and reached a resistance of USD 17.35 on April 12.

Hype/USDT Daily. Source: Cointelegraph/TradingView

20-day EMA (USD 13.84) began to appear, and RSI increased near 56, which suggests that the buyers have an advantage. Sellers try to defend resistance of USD 17.35, but if bulls prevail, a couple of noise/USDT can start up to USD 21, and then to USD 25.

This sanguine view will be negated in the near future if the price drops from USD 17.35 and breaks below 20-day EMA. The couple can then drop to USD 12, which is to attract buyers.

4-hour noise table/USDT. Source: Cointelegraph/TradingView

The couple returned to 20, which is a critical, short-term support, which should be considered. If the price is reflected from 20 with strength, it signals buying on dips. Bulls will make one more attempt to overcome the barrier for USD 17.35. If they succeed, the couple may boost to USD 21. There is a slight resistance of USD 18, but it will probably be exceeded.

Sellers will have to pull out and keep the price back below 20 to weaken the stubborn shoot. The couple could then go down to the 50th.

ONDO price analysis

ONDO (ONDO) ripped off the bottom line, suggesting that bears can lose traction.

Dziennik ONDO/USDT. Source: Cointelegraph/TradingView

Recovery is in the face of sales of nearly 0.96 USD, but it can find support on an EMA (0.83 USD) on the way. If the price reflects from the 20-day EMA, Bulls will again try to bring a pair of ONDO/USDT above 0.96 USD. If they manage to do this, the couple can choose a rush and accumulate in the direction of $ 1.20.

Sellers will probably have other plans. They will try to withdraw the price below 20-day EMA. If they manage to do this, the couple can drop to USD 0.79, and then to 0.68 USD.

4-hour ONDO chart/USDT. Source: Cointelegraph/TradingView

The 4-hour chart shows that the pair is in front of the sale in the retaining zone from 0.93 to 0.96 USD. Buyers will have to keep a price above 20 to maintain an advantage. If the price is reflected from 20 with force, the ability to break above 0.96 USD increases. The steam can then boost to USD 1.05, and later to USD 1.20.

Instead, if prices are slipped below 20, suggests that the demand will droughty at higher levels. The couple can then go down to the 50s.

Related: Bitcoin prices 86 thousand USD, because Trump’s tariff relief increases the chances of a breakthrough

Rendering price analysis

Render (RNDR) achieved resistance over the head of USD 4.22, where the bears are expected to post a forceful defense.

Daily chart RNDR/USDT. Source: Cointelegraph/TradingView

Medium moving are on the edge of a stubborn crossover, and RSI increased to a positive zone, signaling the advantage of the buyer. If the price increases above USD 4.22, the RNDR/USDT pair will fill the double DNA pattern. There is a slight resistance of $ 5, but it will probably be exceeded. The couple could then climb to an exemplary goal of 5.94 USD.

In contrast to this assumption, if the price drops rapidly from USD 4.22 and breaks below the average movement, signals the action related to range in the brief period.

4-hour RNDR/USDT table. Source: Cointelegraph/TradingView

The couple are in the face of sales for USD 4.06, but withdrawal will probably find support in 20. If the price reflects from 20 with strength, it suggests that the sentiment remains positive. This improves breaks above USD 4.22. The couple may encounter resistance from $ 4.60 to 5, but if the price does not drop below USD 4.22, it signals the beginning of a novel movement.

Alternatively, a break and closing below 20 suggests that bulls lose their grip. The couple may then fall to the 50th, signaling consolidation in the near future.

KASPA price analysis

Kaspa (KAS) increased and closed above 50-day SMA (0.07 USD) on April 12, which indicates that sales pressure is decreasing.

Daily chart KAS/USDT. Source: Cointelegraph/TradingView

20-day EMA (0.07 USD) began to appear, and RSI increased positive on territory, which suggests that the path of the slightest resistance is growth. If the buyers direct a price above 0.08 USD, the KAS/USDT pair will complement the double DNA formula. This stubborn configuration has a target target 0.12 USD.

On the contrary, if the price drops from USD 0.08 and breaks below 20-day EMA, it signals the range. The couple can range from 0.08 to 0.05 USD for some time.

4-hour chart of kas/USDT. Source: Cointelegraph/TradingView

The pair rejected from USD 0.08, but he will probably find support in 20. If the price reflects from 20, the couple can accumulate at the top of the range, which is a key resistance to which you should be careful. If the buyers overcome the barrier on the road, the couple can start a novel Upmove in the direction of 0.09 USD.

This positive view will be annulled in the near future if the price drops and breaks below 0.07 USD support. This may get stuck in reach 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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