
Bitcoin (BTC) Bulls maintained pressure and try to exceed the price above the resistance of USD 90,000. According to Sosovalue data, a positive sign in favor of Bulls is that American trade funds with the Bitcoin exchange have witnessed net influx over eight consecutive trade days. This indicates that institutional investors are gradually buying again.
In another positive, Bitcoin Whale bought 2400 bitcoins – worth over $ 200 million – on March 24 to enhance the total possession of over 15,000 BTC, as Arkham Intelligence said, Blockchain Analytics Intelligence in the post on X.
Daily view of cryptographic market data. Source: Coin360
However, the Bitcoin rally may not be effortless, because the bulls are expected to meet solid sales of nearly 90,000 USD. Joao Wedson, general director of the alpraction, emphasized in the post on X that whales closed long positions and initiated low positions on Bitcoin in the amount of USD 88,000. He added that history says that whales are right.
Can bitcoins be interrupted over inflexible overhead resistance, pulling altcoins higher, or maybe it’s time for a low -term correction? Let’s analyze the charts of the 10 best cryptocurrencies to find out.
Bitcoin prices analysis
Bitcoin is in the face of sales on the retaining line, but the positive sign is that Bulls did not allow a price to drop below the 20-day interpretation of the movable average (USD 85,825).
Daily BTC/USDT chart. Source: Cointelegraph/TradingView
The flattening 20-day EMA and a relative force indicator (RSI) near the middle point suggest that bulls have a slight advantage. A break and closing above the 50-day straight movable average (USD 89,787) indicates that the correction may end. The BTC/USDT pair may enhance to USD 95,000, and later to a key resistance of $ 100,000.
Contrary to this assumption, if the price drops and breaks below 20-day EMA, it signals that the bulls have surrendered. This can sink a pair to $ 83,000, and then up to $ 80,000.
Analysis of ether prices
Recovery of Etera (ETH) is in the face of solid resistance at the level of breakdown USD 2111, which indicates that bears do not want to give up their advantage.
Daily chart ETH/USDT. Source: Cointelegraph/TradingView
If the price is lower and breaks below USD 1,937, it signals that bears are trying to transfer level USD 2,111 to resistance. If this happens, the ETH/USDT pair may drop to USD 1800.
This negative view will be annulled in the near future if the price increases and a break above USD 2111. This opens the door to the rally to the 50-day SMA (USD 2325), and then to USD 2550. Such a movement suggests that the couple could create a low -term bottom at USD 1,754.
XRP price analysis
XRP (XRP) tries to support a 20-day EMA (USD 2.39), suggesting that they buy bulls on dips.
Daily chart XRP/USDT. Source: Cointelegraph/TradingView
If the price reflects from the 20-day EMA, Bulls will try to exceed the price to the resistance line. If the price drops rapidly from the resistance line and breaks below the average traffic, it signals that bears remain under control. This can maintain a pair of XRP/USDT stuck between the resistance line and USD 2 for a long time.
The buyers will be at the driver’s place at the break and close over the resistance line. The couple can accumulate up to $ 3, and ultimately to USD 3.40.
BNB price analysis
BNB (BNB) bulls are in the face of resistance of USD 644, but the positive sign is that the buyers did not give up the bear.
Daily chart BNB/USDT. Source: Cointelegraph/TradingView
20-day EMA (USD 616) began to appear, and RSI is in the positive zone, which suggests that the path of the lowest resistance is additional. If the buyers reach a price above USD 644, the BNB/USDT pair may rise to USD 686. This level can act again as a sturdy barrier, but if the bulls overcome it, the couple can collect up to 745 USD.
The first sign of weakness will be a break and closes below 20-day EMA. This may reduce the price in the direction of 38.2% of the Fibonacci level of $ 591.
Solana price analysis
Solana (SOL) broke and closed over 20-day EMA (USD 136) on March 24, suggesting the start of the Facilitate Rally.
Daily Sol/USDT chart. Source: Cointelegraph/TradingView
50-day SMA (155 USD) can act as resistance, but if bulls prevail, the SOL/USDT pair can collect up to USD 180. Sellers are expected to aggressively defend 180 USD levels. If the price drops rapidly from USD 180 and bursts below 20-day EMA, it will signal possible in the near future. The couple can consolidate from $ 110 to 180 for some time.
Instead, if the buyers reach a price above USD 180, he suggests that the couple started their journey towards a enormous summit from 110 to 260 USD.
Dogecoin price analysis
Dogecoin (Doge) increased and closed above 20-day EMA (0.18 USD) on March 25, which suggests the beginning of a eternal recovery.
Daily Doge/USDT chart. Source: Cointelegraph/TradingView
The Doge/USDT pair is in the face of sales on a 50-day SMA (0.21 USD). If the price reflects from a 20-day EMA, it signals the purchase on dips. Bulls will try to drive a pair to 0.24 USD, and then to 0.29 USD.
On the other hand, if the price slips below 20-day EMA, it means that bears are still selling at rallies. The pair can drop to USD 0.16, and then to key support of 0.14 USD.
Cardano price analysis
Cardano (ADA) Bulls exceeded the price above 50-day SMA (0.75 USD), but they try to maintain higher levels.
Daily chart ADA/USDT. Source: Cointelegraph/TradingView
If the price drops below 20-day EMA, bears will try to pull out the ADA/USDT pair to the growth line. This is an crucial level for Bulls to defend yourself, because the break below can tilt the advantage in favor of bear. The couple could then go down to 0.58 USD, and then to 0.50 USD.
If the buyers want to take control, they will have to push and keep a price above 50-day SMA. If they manage to do this, the couple can enhance to USD 0.84. This level can act as sturdy resistance, but if bulls prevail, the couple can enhance to USD 1.02.
Related: The price of Bitcoins has just abandoned a 3-month drop when “Key Shift” begins
Chain price analysis
Link (link) moved to the 50-day SMA (USD 16.12), which will probably act as a stiff resistance.
LINK/USDT DAIL DAIL. Source: Cointelegraph/TradingView
If the price drops from a 50-day SMA, a link/USDT pair can find support on an EMA 20-day (USD 14.75). A sturdy reflection from an EMA 20-day increases the likelihood of a break above 50-day SMA. The couple could climb at 17.7 USD and later to the resistance line.
If bears want to prevent growth, they will have to quickly lower the price below 20-day EMA. The couple could break up to USD 13.82, and then to the channel support line.
Avalante price analysis
The rally in Avalanche (Avax) increased above 50-day SMA (USD 22.10) on March 25, which indicates that leaving may end.
Avax/USDT diary. Source: Cointelegraph/TradingView
20-day EMA (USD 20.42) began to appear, and RSI jumped into the positive zone, signaling the advantage of the buyer. If the Avax/USDT couple rejects from the current level, but will find support on an EMA 20-day, suggests changing moods from sales at rallies to buying on dips. This improves the rally perspectives to USD 27.23.
On the contrary, a break and closing below 20-day EMA signal a formation from USD 25.12 to 15.27 USD.
Star price analysis
Stellar (XLM) regained the level of breakdown 0.31 USD, where the bears are expected to have a sturdy defense.
Daily chart XLM/USD. Source: Cointelegraph/TradingView
If the price drops from USD 0.31 and breaks below 0.27 USD, it suggests that bears are busy at higher levels. This increases the risk of falling to critical support of USD 0.22, where the buyers are expected to enter.
Alternatively, a break and closing above 0.31 USD signals that the markets have rejected the failure. The XLM/USDT pair may enhance to the relegation line, which can again be a significant challenge. The break and closing over the relegation line suggests a potential change in the trend.
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.
