Bulcoin (BTC) Bulls try to return, maintaining a price above the 200-day straight movable average (USD 84,899) at the weekend. The chief Bitget Research analyst, Ryan Lee, told CointeLgraph that Bitcoin must close this week above USD 85,000 to signal strength and “prevent a decline to $ 76,000.” Lee added that approaching above $ 87,000 would give more pronounced confirmation of the stubborn.
Tariff wars have shocked both customary markets and cryptocurrency markets over the past few days. The Nansen Research analyst, Nicolai Sondergaard, believes that markets can remain under pressure until April 2. While speaking about the Cointelegraph Daily X Sondergaard district, he said that if the tariffs are rejected, he could act as “the largest driver at the moment.”
Daily view of cryptographic market data. Source: Coin360
Although the analysts remain stubborn in the long term, some expect a low -term decline. Analyzing the decrease in previous bears, the analyst and author of the market Timothy Peterson said in the post on X that the current bears should last only for 90 days. The analyst provides a decrease in “the next 30 days, followed by a 20-40% rally after April 15”.
If Bitcoin begins a constant recovery, several Altcoins may follow in their footsteps. What are the best cryptocurrencies that look forceful on the charts?
Bitcoin prices analysis
Bitcoin tries to raise and maintain above the 20-day interpretation of the movable medium (USD 85,246), but the positive sign is that the bulls were not on bears.
Daily BTC/USDT chart. Source: Cointelegraph/TradingView
This increases the ability to break above 20-day EMA. If this happens, the BTC/USDT pair may escalate to 50-day SMA (90,469 USD), and then to USD 95,000.
And vice versa, if the price drops from a 20-day EMA and breaks below USD 81,000, suggests that Bulls surrendered. This can sink a pair of up to USD 80,000, and then to USD 76 606. The buyers will be expected to defend the level of 76,666 USD, because the break below may deepen the correction. There is a forceful support in the amount of 73,777 USD, but if the level drops, the next stop can be USD 67,000.
4-hour BTC/USDT table. Source: Cointelegraph/TradingView
Both movable average are flattened, but the relative force indicator (RSI) increased to the positive zone. This suggests that the stubborn shoot is a lifting. The first sign of strength will be close to USD 87,500. This can open the gates to an escalate of up to USD 92,500, and later to USD 95,000.
The advantage will tilt in favor of the Bear at a break and closure below $ 80,000. This can sink a pair to solid support at USD 76,606.
Toncoin price analysis
Toncoin (tons) rejected from USD 4 on March 20, but Bulls maintained the price above the following average.
TON/USDT Daily. Source: Cointelegraph/TradingView
Medium moving are on the edge of a stubborn crossover, and RSI jumped into the positive zone. This improves the perspectives of a break above USD 4. If this happens, the tone/USDT pair may escalate to $ 5.
This positive view will be annulled in the near future if the price drops and breaks below 20-day EMA (USD 3.39). This can attract a pair to USD 2.81, and then to solid support for USD 2.73.
4-hour TON/USDT table. Source: Cointelegraph/TradingView
The couple raises support on 20 on a 4-hour table, signaling that bulls are buying declines. However, bears are unlikely to give up easily. They will fiercely defend the general cost zones from USD 3.80 to 4. Sellers will return to the command during a break and close below USD 3.28. This can start a fall in the direction of USD 2.90.
On the other hand, a break and closing above 4 USD signals an advantage for buyers. There is a slight resistance of USD 4.14, but it will probably be exceeded. The couple can operate in the direction of USD 4.67.
Avalante price analysis
Avalanche (Avax) was in forceful durability, but the positive discrepancy of RSI suggests that the bears of the shoots can weaken.
Avax/USDT diary. Source: Cointelegraph/TradingView
The Avax/USDT pair stays on the 20-day EMA (USD 19.76), increasing the likelihood of a breakthrough. If this happens, the steam can climb to 50-day SMA (USD 22.41), and then to the resistance zone from USD 25.12 to 27.23 USD. Such a movement suggests that the tank may end.
On the other hand, the decrease may resume if the price drops from an EMA 20-day and breaks below the support of USD 15.27. This can extend the decrease to $ 11.
4-hour AVAX/USDT table. Source: Cointelegraph/TradingView
The pair trade in a narrow range from 20.10 to 18.12 USD on a 4-hour table. The 20th is trying to rise up, and RSI is in a positive territory, which gives a slight advantage of bulls. If the price drops above USD 20.10, the steam can rise to USD 21.20, and then to USD 22.50.
Alternatively, if the price drops and breaks below USD 18.12, suggests that bears are trying to keep control. The couple may break down to USD 16.95 and ultimately to USD 15.27.
Related: Why the price of bitcoins is stuck?
Near the price analysis of the protocol
Near the protocol (nearby) he was in a forceful pit, but shows early signs of starting reversal.
Close/USDT Daily. Source: Cointelegraph/TradingView
The positive discrepancy of RSI suggests that bears lose their grip. The break and closing above the 50-day SMA (USD 3.05) can strengthen the bulls by opening the gates to the rally to USD 3.65. It is expected that sellers will aggressively defend the level of 3.65 USD, but if bulls prevail, a closer couple/USDT may escalate to 5 USD.
On the contrary, if the price drops and breaks below USD 2.48, it suggests that bears remain under control. The couple can then fall to solid support after USD 2.14.
Near/USDT 4-hour chart. Source: Cointelegraph/TradingView
The 4-hour chart was exceeding by 20, which indicates that the bulls stick to their positions when they predict another higher leg. A break above USD 2.83 can start traffic in the direction of USD 3.25. Sellers are expected to defend the level of 3.25 USD, but if Bulls breaks resistance, the next stop can be USD 3.65.
This sanguine view will be negated in the near future if the price drops and breaks below the average traffic. The steam may drop to USD 2.48, and then to USD 2.34.
OKB price analysis
OKB (OKB) trades in a falling channel pattern, which indicates a purchase near the support line and sales near the resistance line.
Daily chart OKB/USDT. Source: Cointelegraph/TradingView
The OKB/USDT pair gained momentum after breaking from 20-day EMA (USD 48.39) on March 14. The couple faces sales near $ 54, which can reduce the price to an EMA 20-day. Shallow withdrawal suggests that the bulls do not rush to the exit, increasing the possibility of a rally to the resistance line.
In contrast to this assumption, if the price is continued and breaks below 50-day SMA (47.56 USD), it signals that bears remain lively at higher levels. The couple can then drop to 45 USD.
4-hour OKB/USDT chart. Source: Cointelegraph/TradingView
Sellers are trying to draw a price below 50-hour on a 4-hour table. If they succeed, it may weaken the stubborn rush. There is support of $ 48, but if the level breaks down, the steam may drop to 45 USD.
Instead, a solid reflection of the 50-SMA suggests that the sentiment remains positive and the bulls are buying on the dips. Up can resume above USD 54, opening the door to the rally to the resistance line.
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.
