Bitcoin (BTC) fell nearly USD 78,000 on February 28, but lower levels attracted solid shopping via bulls. The founder and general director of Cryptoquant, Ki Adolescent Ju, said in the post on X that the sale of 30% of the correction may be a “noob” mistake, because Bitcoin increased to a recent level of all time after a drop in 53% in 2021.

The choice of whales seems to build a position during a decline. Bitcoin Whale, known as “Spior”, bought 4000 bitcoins worth about $ 344 million, when the price was from 82,000 to USD 85,000. Cryptographic analyst Saint Pump said on X that the socket is building his position “very slowly” and can buy more if the markets are falling.

The current correction has not stopped the long -term view of Standard Chartered. In an interview with CNBC Standard Chartered Lead of Digital Assets Research Geoffrey Kendrick said that Bitcoin could recover $ 200,000 this year and raise to USD 500,000 before President Trump ends his second term.

Can Bitcoin start recovery by pulling higher? Let’s analyze the charts of the 10 best cryptocurrencies to find out.

Bitcoin prices analysis

Bitcoin closed below the support of USD 85,000 on February 26, and Bears successfully defended the level of February 27.

Sellers tried to sink a pair of BTC/USDT to 73 777 USD, but Bulls bought a decrease to 78,288 USD 28 February. Buyers will try to move the price above the resistance zone from 85,000 to 90,000 USD. If they manage to do this, he suggests that there may be a low -term bottom on the spot.

And vice versa, if the price drops rapidly from the general resistance zone, indicates sales at each compact rally. The couple can then go down to the necessary support aged 73,777 USD, where the buyers are expected to enter.

Analysis of ether prices

Ether (ETH) has affected the support of $ 2,111, which indicates that the bulls are trying to keep the price at a high range.

Bulls will try to extend recovery to an EMA 20-day ($ 2611), and then to the bottom line. Sellers are expected to aggressively defend the relegation line. If the price drops from general resistance, the ETH/USDT pair can check the USD 2111 again. If this support breaks, the couple may sink to $ 2000, and later to $ 1,800.

In contrast to this assumption, the break and closing over the relegation line suggests that bears lose their grip. The pair may raise to the 50-day SMA (USD 2,932).

XRP price analysis

XRP (XRP) rejected the symmetrical triangle pattern on February 26 from the support line, which suggests that the bears have transformed the level into resistance.

The XRP/USDT pair fell under 2,06 USD support under 28 February 28, but bears could not maintain lower levels. Buyers will try to exceed the price above 20-day EMA. If they manage to do this, he signals that the bulls have returned to the game.

On the contrary, if the price drops from an EMA, suggests that bears remain busy at higher levels. This increases the possibility of decrease to key support of USD 1.77.

BNB price analysis

BNB (BNB) has affected support near $ 557, which indicates that bulls are trying to defend the level.

The BNB/USDT pair will try a support rally, which is to be directed for mighty sales at 20-day EMA (USD 634). If the price drops rapidly from an EMA 20-day, increases the likelihood of a break below USD 557. If this happens, the couple may collapse up to USD 500. The buyers are expected to defeat the zone from 460 to 500 USD.

On the other hand, the break and closing over 20-day EMA suggests that sales pressure is decreasing. The couple could then reach the 50-day SMA (USD 656).

Solana price analysis

Solana (SOL) slipped below the support of 133 USD 28 February, but a long tail on the candlestick shows solid shopping at lower levels.

There is a slight resistance of 147 USD, but it will probably be exceeded. If the price is above 147 USD, the SOL/USDT pair can reach the 20-day EMA (USD 169). Sellers are expected to be a mighty challenge on a 20-day EMA, but if they overcome victories, the couple may extend the recovery to a 50-day SMA (201 USD).

This bullish view will be negated if the price drops and breaks below 125 USD. The couple could then fall to $ 110.

Dogecoin price analysis

The buyer failed to push Dogecoin (Doge) back over the bracket line, which suggests that the bears have transformed the level of resistance.

Sales resumed on February 28, and bears will try to sink the price to 0.15 USD. However, RSI slipped into the Oversold zone, which suggests that the auxiliary rally can be around the corner. Buyers will have to push and maintain a pair of dog/USDT above 20-day EMA (0.24 USD) to start a enduring recovery.

Failure to comply with the price above 20-day EMA increases the risk of a decline to 0.13 USD, and then to 0.10 USD.

Cardano price analysis

Cardano (ADA) is witnessing a massive battle between bulls and bears on the support line of the descending channel pattern.

If the price stays below the support line, sales can pick up, and the Ada/USDT pair may drop to 0.50 USD. The buyers are expected to defend the level of 0.50 USD with all their strength, because the closure below may sink a pair to USD 0.33.

If the price appears from the support line, the couple can reach the 20-day EMA (0.73). This is a significant resistance in a generally attentive way, because the break suggests that the couple can stay in the channel for a long time.

Related: Bitcoin Price Metric Hits “Optimal DCA Zone” cannot be seen from the BTC trade in the range from $ 50,000 to $ 70,000

Litecoin price analysis

Litecoin (LTC) oscillates inside a symmetrical triangle pattern, which indicates the indecision between bulls and bears.

The 20-day EMA (USD 122) is flattened, and RSI is just above the middle point, which indicates a balance between pad and demand. If the price stays above 20-day EMA, Bulls will try to push the LTC/USDT pair above the resistance line. If they succeed, the couple can collect up to 147 USD.

And vice versa, a break below 50-day SMA (117 USD) opens the gates to drop into the support line. If this level disappears, the pair may drop to USD 80.

Chain price analysis

Bulls failure to start mighty recovery from the support line caused the next round of sales by bears in the chain (link).

If the price stays below the support line, sales can speed up, and the link/USDT pair may drop to USD 12.71, and then to USD 10.

If the buyers want to prevent the minus, they will have to quickly push the price above USD 16. The couple can then raise to an EMA 20-day (17.42 USD), which will probably act as a stiff resistance. Buyers will have to exceed the price above the 20-day EMA to suggest that the break below the support line could be a bear trap.

Avalante price analysis

Avalanche (Avax) tried to rise above the level of division $ 22.35 on February 27, but the bears remained.

Bears resumed sales on February 28. If the price breaks and maintains below USD 20, the AVAX/USDT pair may re -supplement solid support in the amount of USD 17.29. This is an crucial level to be careful about, because the break below can sink a pair to USD 15.

Bulls is exhausted. They will have to push and maintain a price above 20-day EMA (24.55 USD) to start recovery. The couple may raise to 27.50 USD, which is again expected to act as resistance.

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.