Bitcoin (BTC) reflected from 76,66,66 USD on March 11, but Bulls could not keep prices above USD 84,500 on March 12.

Aurelie Barthere, the main analyst of Nansen, told Cointelegraph that Bitcoin is in macro correction on the bull market, while the next key level is “71,000–72,000 USD, at the top of the premises of trade.”

Glassnode also predicted a similar goal in a market report of March 11. Onchain’s analytical company said that the last sale was caused by tiny -term owners who could buy near the summit in January. Glassnode added that Bitcoin can extract the next 70,000 USD if sales persist.

These are not only cryptographic markets; Even the American stock market has been under pressure in the last few days. However, the silver lining for the bulls is that the American dollar indicator (DXY) has improved from its high -level high level above 110 to below 104. Bitcoins generally move with the reverse correlation from the dollar, which suggests that the bottom may be around the corner.

Can Bitcoin check support at USD 76 606 again or enhance above USD 85,000? What are the essential levels of support and resistance to be careful in Altcoins? Let’s analyze the charts of the 10 best cryptocurrencies to find out.

Bitcoin prices analysis

Bitcoin broke below 78,258 USD on March 10 and dropped to USD 76,66,66, but bears could not maintain lower levels. This suggests solid shopping through Bulls.

The emergency rally is in the face of sales near the 20-day interpretation average movable (USD 87,262), but a compact positive benefit in favor of Bulls is that the relative strength indicator (RSI) has a positive discrepancy. Buyers will have to enhance the price above 20-day EMA to suggest that the correction may end. The BTC/USDT pair can then rise to a 50-day straight movable average (USD 94,654).

On the other hand, it is expected that the bulls will defend the level of 73 777 USD with all their power, because the break below may sink a few to USD 67,000.

Analysis of ether prices

Ether (ETH) fell below 9993 USD support on March 9 and extended the inheritance, reaching USD 1,254 on March 11.

Bulls are trying to start recovery, which is to encounter significant resistance at the level of USD 2111. If the price drops rapidly from USD 2111, it signals that the bears have converted the level into resistance. This increases the risk of a break below 1754 USD. The ETH/USDT pair may then fall to USD 1500.

And vice versa, a break above 20-day EMA (USD 2235) suggests that the markets have rejected a break below USD 2111. The couple can then enhance to USD 2800, where bears are expected to enter.

XRP price analysis

XRP (XRP) fell below the support of 2 USD 11, but bears could not maintain lower levels, as can be seen from the long tail on the candlestick.

Bears are trying to stop recovering in 20-day EMA (USD 2.35). If the price is lower, the possibility of a break below 2 USD increases. If this happens, the XRP/USDT pair will complement the bears pattern of the head and shoulders. There is a compact support at USD 1.77, but if the level levels breaks, the decrease may extend to USD 1.28.

Contrary to this assumption, if the price exceeds 20-day EMA, the pair may enhance to 50-day SMA (USD 2.58), and later to 3 USD.

BNB price analysis

BNB (BNB) appeared from USD 507 on March 11, which indicates that the bulls aggressively defend the support zone from 500 to 460 USD.

The relief rally is expected to be sold on a 20-day EMA (USD 592). If the price drops rapidly from the 20-day EMA, the bears will try to sink a pair of BNB/USDT below USD 500. The couple may drop to 460 USD if they can do it.

Instead, if the price increases above the 20-day EMA, it signals that the couple can stay in the range from 460 to 745 USD for some time. Bulls will return to the driver’s place at the break and close over the 50-day SMA (USD 628).

Solana price analysis

Solana (SOL) appeared from USD 112 on March 11, signaling that the bulls are fiercely defending the support of 110 USD.

RSI has early signs of creating a positive discrepancy, which indicates that the bears can weaken. The first sign of strength will be a break and similar above 20-day EMA (145 USD).

If the price drops from the current level or 20-day EMA, it suggests that every compact rally is sold. This increases the risk of a break below USD 110. The SOL/USDT pair may fall to USD 98, and then to USD 80.

Cardano price analysis

Cardano (ADA) reflected from the height line on March 11, suggesting that Bulls are trying to stop the inheritance.

Bears are unlikely to easily give up and are expected to sell with medium traffic. If the price rejects from the following average, it will signal sales on rallies. Bears will try to strengthen their position, pulling the price below the growth line. If they do this, the Ada/USDT pair can drop to 0.60 USD, and then to 0.50 USD.

In contrast to this assumption, the break and closing above the average movement suggests that the bulls have returned to the game. The couple can then collect up to USD 1.02.

Dogecoin price analysis

Dogecoin (Doge) continued the slide and achieved the support of 0.14 USD on March 11. Bulls are trying to defend the level, but they can face the sale at higher levels.

If the price drops from 20-day EMA (0.20 USD), it suggests that the moods remain negative and traders sell at rallies. This increases the risk of a break below 0.14 USD. The Doge/USDT pair can go down to USD 0.10 if this happens.

Related: Here’s what happened today in Crypto

On the contrary, a break and nearly over 20-day EMA suggests that bears lose their grip. The couple can climb the 50-day SMA (0.25 USD), which can again be a solid challenge.

PI price analysis

PI (PI) has support at the level of recovery of 61.8% Fibonacci of $ 1.20, which indicates the purchase at lower levels.

It is expected that the drawing rally will have to face the resistance on a 20-day EMA (USD 1.69), and then again for 2 USD. If the price drops from general resistance, the PI/USDT pair can be from 2 to 1.20 USD.

A break and closing above USD $ 2 suggests that the correction may end. The couple can collect up to USD 2.40. Alternatively, a break and closing below USD 1.20 can sink the steam to the level of recovery 78.6% 0.72 USD.

One, but a lion price analysis

Unus sed leo (Leo) has been consolidating just below USD 10 for several days, which indicates that the bulls stick to their positions when they predict another higher leg.

The Leo/USD pair has created a pattern of a growing triangle, which will end during the break and closure above USD 10. If this happens, the couple can resume the upward trend towards the target target 12.04 USD.

This positive view will be annulled in the near future if the price drops and breaks below the growth line. This negates the stubborn configuration, starting a decrease to USD 8.84, and later to USD 8.30.

Heder price analysis

Hedera (Hbar) bounced off the support of 0.17 USD on March 11, which indicates that the bulls aggressively defend the level.

Recovery is in the face of sales on a 20-day EMA (0.22 USD), as can be seen from a long wick on a candlestick. If the price is lower, bears will make another attempt to sink the HARB/USDT pair below 0.17 USD. If they succeed, the couple may drop to 0.12 USD.

On the contrary, a break above 20-day EMA suggests that sales pressure is decreasing. The couple can rise to the relegation line, which is an essential level to be careful about. If the buyers exceed the price above the relegation line, the pair can collect up to USD 0.29.

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.