Bitcoin (BTC) fell by 4.29%last week, but Bulls started recovering, pushing the price above USD 83,500 on March 31. However, traders will probably remain on the edge until April 2, when modern trade tariffs in the US will begin. The event can run a acute, knee reaction on one of the sides of the market.

Traders remain careful in the near future, but the compact positive is that lower levels attract buyers. Products from the exchange of cryptocurrencies (ETP) were witnesses of a modest influx of $ 226 million last week, said Coinshares on March 31.

The strategy benefited from the withdrawal of Bitcoin, adding 22,048 bitcoins for USD 1.92 billion at an average price of USD 86,969. After the latest purchase, the company has 528 185 Bitcoins purchased for around 35.63 billion dollars.

Can Bitcoin break over the immovable upper resistance, pulling the above -selected altcoins? Let’s analyze the charts to find out.

S&P 500 index price analysis

The S&P 500 (SPX) index broke above the 20-day interpretation average movable (5706) on March 24, but it turned out that it was a bull’s trap.

The price dropped rapidly on March 26 and broke below 5,600 support. Both average movable ones fall, and the relative force indicator (RSI) is on negative territory, which indicates an advantage for sellers. There is solid support at 5500, but if the level breaks down, the indicator may drop to 5400, then to 5100.

This negative view will be annulled if the price comes from the current level and a break above 5800. Such a move suggests that the indicator could stay higher in the near future.

Analysis of the price of the American dollar index

The American dollar index (DXY) trads below 20-day EMA (104.46), which indicates that the sentiment remains negative.

Bears will try to sink the index to 103.37, which is a critical level to be careful. The buyers are expected to defend the level of 103.37 with all their power, because if they fail to organize, the index may drop to 101.

On the contrary, a break and nearly over 20-day EMA suggests that Bulls are trying to return. The index can raise to 105.42, and then to the 50-day straight movable average (106.09).

Bitcoin prices analysis

Bitcoin remains under pressure because the bears are trying to sink the price to a critical support of USD 80,000. A compact positive in favor of Bulls is that they are trying to arrest a decrease of USD 81,100.

Bulls will try to exceed the price to the resistance line, which will probably attract mighty sales through bears. If the price drops from the retaining line, the likelihood of a break below USD 80,000 increases. The BTC/USDT pair may drop to USD 76 606, and ultimately to 73 777 USD.

On the contrary, the break and close to the resistance line suggests that bears lose their grip. The steam can rise above $ 89,000 and accumulate in the direction of $ 95,000.

Analysis of ether prices

Ether (ETH) achieved the necessary support at USD 1,754, from where Bulls try to start the lend a hand rally.

Bears will try to stop attempting to recover for 20-day EMA (USD 1980). If the price drops rapidly from the 20-day EMA, it increases the ability to break below 1754 USD. This can sink a pair of ETH/USDT to USD 1550.

The first sign of strength will be a break and closes above the level of division of USD 2111. Then the pair will fill the stubborn double DNA pattern, which has a target of USD 2,468.

XRP price analysis

XRP (XRP) has fallen to critical support of USD 2, which will probably attract solid shopping via bulls.

Each reflection is expected to be sold in movable medium. If the price deviates from the average movable, increases the risk of a break below 2 USD. If this happens, the XRP/USDT pair will complement the bears pattern of the head and shoulders. There is a slight support at USD 1.77, but if the level is removed, the steam may collapse up to USD 1.27.

Bulls is exhausted. If they want to prevent a minus, they will have to quickly exceed the price above the average traffic. The couple can then go to the resistance line.

BNB price analysis

The narrow range of BNB (BNB) decided to a minus with a break and closing below the moving average on March 29.

The BNB/USDT pair has a revival level of 38.2% Fibonacci of USD 591, and then at the level of recovery 50% 575 USD. If the price reflects from support, the bulls will try to drive the pair above the average movement and resistance of USD 644. If they manage to do this, the couple can collect up to USD 686.

On the contrary, a break and closing below USD 575 can sink the steam to the level of recovery of 61.8% of $ 559. Deeper withdrawal will probably delay the next stage of movement up.

Solana price analysis

Solana (SOL) finds support near $ 120, which indicates that the buyers are rapidly defending the level.

The first sign of strength will be a break and similar above 20-day EMA (USD 133). This opens the door to height to the 50-day SMA (USD 148), which can again act as a stiff resistance. However, if the buyers pierce the resistance, the Sol/USDT pair can collect up to USD 180.

If sellers want to strengthen their position, they will have to pull the price below the support zone worth 120 to 110 USD. If they manage to do this, the couple can start the next stage of the downward trend in the direction of 80 USD.

Related: XRP Bulls in “Refusal” as a price trend previous 75-90% of the failure

Dogecoin price analysis

Dogecoin (Doge) tries to support 0.16 USD support, but needy reflection suggests a lack of demand from bulls.

The Doge/USDT pair can slip to 0.14 USD, where the buyers are expected to enter. Each reflection in the amount of USD 0.14 is expected to deal with average movable. If the price drops from the average medium, it increases the ability to break below 0.14 USD. If this happens, the couple could drop rapidly to 0.10 USD.

Buyers will have to push and maintain a price above 0.20 USD to suggest that the couple could create a floor of USD 0.14. The couple can then rise to USD 0.24.

Cardano price analysis

Cardano (ADA) fell on a growth line, which is an crucial low -term support that should be considered.

Downsloping 20-day EMA (0.71 USD) and RSI in negative territory signal a slight advantage for bears. Closing below the growth line can start down to $ 0.50.

On the other hand, the reflection from the growth line can push the ADA/USDT pair towards medium traffic. Buyers will return to control after they support and maintain a price above 50-day SMA (0.75 USD).

Toncoin price analysis

Toncoin (tons) is squeezed between 20-day EMA (USD 3.63) and general resistance after USD 4.14.

20-day EMA and RSI upsoping in a positive territory suggest that the path of the lowest resistance is an advantage. If the buyers manage a price above USD 4.14, a pair of tons/USDT will probably rush and raise to 5 USD, and later to $ 5.65.

This positive view will be annulled in the near future if the price drops from general resistance and breaks below 50-day SMA (USD 3.46). This can sink a pair to USD 3.30, and later to USD 2.81.

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.