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Bitcoin Price Recovery sets a base for ton, Avax, close, OK at rally


Bitcoin (Btc) Bulls are trying to make a comeback by maintaining the price above the 200-day simple transfer of average ($ 84,899) over the weekend. Bitget Research’s Chief Analyst Ryan Lee told Cointelegraph that Bitcoin needs to close more than $ 85,000 This week to signal strength and “avoid a fall to $ 76,000.” Lee added that a close above $ 87,000 will provide a clearer Bullish confirmation.

Tariff wars have been rocking both the traditional market and the cryptocurrency markets in recent days. Nansen’s research analyst believes Nicolai Sondergaard that markets may be Stay under pressure until April 2. While speaking to the Cointelegraph Daily X Show chainreaction, Sondergaard said that if the tariffs drop, it could act as “the biggest driver at the moment.”

The data data in the crypto market. Source: Coin360

Although analysts remain bullish for long -term times, some expect a short -term decline. Checking past rejection of the bear market, the market analyst said and Timothy Peterson has set up in an X post that is the current Bear Market should only take 90 days. The analyst expects the fall to the “next 30 days followed by the 20-40% rally once after April 15th.”

If Bitcoin begins a prolonged recovery, many altcoins can follow the suit. What are the top cryptocurrencies that look strong on charts?

Bitcoin price analysis

Bitcoin has difficulty rising and maintains more than the 20-day average transfer of the average ($ 85,246), but one positive sign is that the bulls do not give much soil to bear.

BTC/USDT Daily Chart. Source: Cointelegraph/TradingView

This increases the likelihood of a break above the 20-day EMA. If that happens, the BTC/USDT pair can rise to 50-day SMA ($ 90,469) and then $ 95,000.

Conversely, if the price drops from the 20-day EMA and breaks below $ 81,000, it suggests the bulls surrendered. That could sink the pair to $ 80,000 and followed $ 76,606. Consumers are expected to defend the $ 76,606 level because a break below can deepen the correction. There is a strong support of $ 73,777, but if the level falls, the next stop can be $ 67,000.

BTC/USDT 4 hour chart. Source: Cointelegraph/TradingView

Both moving averages are fierce, but the Kaba -child index of strength (RSI) rose in the positive zone. That suggests that the bullish momentum is taking. The first sign of strength will be close to the top of $ 87,500. That could open the doors for an increase of $ 92,500 and eventually to $ 95,000.

The advantage is to tilt in favor of bears at a break and close below $ 80,000. That could sink the pair with solid support for $ 76,606.

Toncoin price analysis

Toncoin (Ton) turned away from $ 4 level on March 20, but the Bulls held the price above the moving averages.

TON/USDT DAILY CHART. Source: Cointelegraph/TradingView

The moving averages are on the edge of a bullish crossover, and the RSI jumps into the positive zone. That improves prospects of a break above $ 4. If that happens, the TON/USDT pair can move forward at $ 5.

This positive outlook is not valid in the near term if the price decreases and breaks down the 20-day EMA ($ 3.39). That can pull the pair to $ 2.81 and then to solid support at $ 2.73.

Ton/USDT 4 hours chart. Source: Cointelegraph/TradingView

The pair is taking 20-Em support to the 4-hour chart, which signed the bulls buying the dips. However, bear are not likely to give up easily. They seriously defend the $ 3.80 to $ 4 overhead zone. Sellers will return to command at a break and close below $ 3.28. That could start a fall towards $ 2.90.

Upside down, a break and near the top of $ 4 indicates an advantage over consumers. There is a minor resistance to $ 4.14, but it is likely to be crossed. The pair can run towards $ 4.67.

Avalanche’s price assessment

Avalanche (Avax) is in a powerful downtrend, but the positive difference -different in RSI suggests that the bearish momentum may weaken.

Avax/USDT Daily Chart. Source: Cointelegraph/TradingView

The Avax/USDT pair clings to the 20-day EMA ($ 19.76), increasing the likelihood of a breakout. If that happens, the pair can climb the 50-day SMA ($ 22.41) and subsequently to $ 25.12 to $ 27.23 resistance. Such a move suggests that the downtrend may end.

On the other hand, the downtrend can continue if the price drops from the 20-day EMA and breaks below $ 15.27 support. That can expand the decline to $ 11.

Avax/USDT 4 hour chart. Source: Cointelegraph/TradingView

The pair traded within a narrow range between $ 20.10 and $ 18.12 in the 4 -hour chart. The 20-eema tries to climb, and the RSI is in the positive territory, giving a little advantage to the bulls. If the price breaks above $ 20.10, the pair can climb to $ 21.20 and then $ 22.50.

Alternatively, if the price drops and breaks down $ 18.12, it suggests that the bears are trying to maintain control. The pair could fall at $ 16.95 and eventually to $ 15.27.

Related: Why is the price of bitcoin stuck?

Close to Protocol Price Analysis

Close to protocol (Nearby) is in a strong downtrend, but it shows the early signs of starting a return.

Near/USDT Daily Chart. Source: Cointelegraph/TradingView

Positive difference -different RSI suggests that the bears are losing grip. A break and near the top 50-day SMA ($ 3.05) can strengthen bulls, opening doors for a rally up to $ 3.65. It is expected that sellers will be aggressive to defend the level of $ 3.65, but if the Bulls prevail, the pair of close/USDT can rise to $ 5.

Especially, if the price drops and breaks below $ 2.48, it suggests that the bear will remain controlled. The pair can drop in solid support at $ 2.14.

Close to/USDT 4 -hour chart. Source: Cointelegraph/TradingView

The 4-hour chart trades above the 20-eema, indicating that the bulls are holding their positions as they expect another leg higher. A break above $ 2.83 can start a move towards $ 3.25. The sellers are expected to defend the level of $ 3.25, but if the bulls pierce the resistance, the next stop may be $ 3.65.

This optimistic view will be neglected in the near term if the price drops and breaks below the moving averages. The pair can drop to $ 2.48 and, after which, up to $ 2.34.

OKB price analysis

Un (Un) is trading within a descending channel pattern, indicating the purchase near the support line and sale near the resistance line.

OKB/USDT Daily Chart. Source: Cointelegraph/TradingView

The OKB/USDT pair picks up momentum after breaks the 20-day EMA ($ 48.39) on March 14. The pair faces sale near $$ 54, which can pull the price up to 20-day EMA. A shallow pullback suggests that the bulls do not rush to the exit, increasing the likelihood of a rally in the resistance line.

Contrary to this assumption, if the price continues to lower and break below the 50-day SMA ($ 47.56), it signals that the bear will remain active at a higher level. The pair could then fall to $ 45.

OKB/USDT 4 hour chart. Source: Cointelegraph/TradingView

Sellers are trying to pull the price below the 50-sma in the 4-hour chart. If they succeed, it can weaken the bullish momentum. There is a support for $ 48, but if the level breaks, the pair can drop to $ 45.

Instead, a solid bounce off the 50-sma suggests that the emotion remains positive and the bulls buy the dips. The upward move can continue above $ 54, opening doors for a rally in the resistance line.

This article does not contain investment advice or recommendations. Every transfer of investment and trading involves risk, and readers should conduct their own research when deciding.