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BTC, ETH, XRP, BNB, SOL, DOGE, ADA, LEO, LINK, AVAX


Bitcoin (Btc) shows strength as consumers push the price above $ 82,500, but the higher level is likely to attract solid sales from bears. Cryptoquant analysts said in a recent market report that Bitcoin could face resistance to around $ 84,000, but if the level was exceeded, The next stop may be $ 96,000.

Although trade tensions between the United States and China broke out, the institutional crypto investment firm remains bullish in Bitcoin. Bitwise Chief Investment Officer Matt Hougan said in an X post previously predicted by the company Target end of the year $ 200,000 for Bitcoin Stays playing.

The data data in the crypto market. Source: Coin360

However, market participants remain cautious in the near term. The listed area listed in the US Bitcoin exchange-traded fund Continue to witness flowers On April 9 and April 10, according to Farside Investor Data.

Can Bitcoin be damaged and maintained above overhead resistance? Can Altcoins follow Bitcoin? Let’s check the charts of the top 10 cryptocurrencies to find out.

Bitcoin price analysis

Bitcoin recovery from $ 73,777 support reached near the resistance line, which is a critical level to guard in the near term.

BTC/USDT Daily Chart. Source: Cointelegraph/TradingView

The 20-day exponential transfer of average ($ 82,435) decreases, but the relative power index (RSI) increases near the midpoint, indicating that the bearish momentum has weakened. The BTC/USDT pair is expected to deal with intense sale in the resistance line, but if the Bulls prevail, the rally can reach $ 89,000 and then $ 95,000.

Sellers are likely to have other plans. They will try to defend the resistance line and pull the price below the immediate support of $ 78,500. If they manage to do that, the pair can reresthew the important support of $ 73,777.

Ether price analysis

Ether (Eth) rebounded off $ 1,368 support on April 9, but the Bulls are struggling to maintain a higher level.

ETH/USDT DAILY CHART. Source: Cointelegraph/TradingView

The collapse of the transition of the averages and the RSI to the negative territory suggests that the bears are holding the side. Sellers will try to sink the ETH/USDT pair below $ 1,368. If they can pull it, the sale can accelerate, and the pair can drip to $ 1,150.

If consumers want to avoid destruction, they will need to quickly push the price above $ 1,754. That removes the path for a rally at the breakdown level of $ 2,111. This is an important level for Bears to defend because a break above $ 2,111 suggests a short -term change in trend.

XRP price evaluation

XRP (XRP) rose above the breakdown level of $ 2 on April 9, but recovery faced sale in 20-day EMA ($ 2.09).

XRP/USDT Daily Chart. Source: Cointelegraph/TradingView

If the price drops from the 20-day EMA, the Bears will try to sink the XRP/USDT pair with critical support for $ 1.61. Consumers are expected to defend the level of $ 1.61 as a break below can clear the path for a decline of $ 1.27.

Alternatively, if the price rises above the 20 -day EMA, it suggests that the markets have rejected the breakdown below $ 2. The pair may rally at the resistance line, where bear is expected to mounted a strong defense.

BNB price analysis

Bnb (Bnb) reaches 20-day EMA ($ 590), which is an important close resistance to guard.

Bnb/USDT Daily Chart. Source: Cointelegraph/TradingView

Sellers will try to defend the zone between the 20-day EMA and the downtrend line, but if the bulls do not give up a lot of soil, it improves prospects of a break above the overhead resist zone. The BNB/USDT pair can climb to $ 644.

Contrary to this assumption, if the price drops dramatically from the overhead resist, it suggests that the bears do not give up. That can keep the pair stuck inside the triangle longer.

Solana’s price assessment

Solana (Sol) rose above the breakdown level of $ 110 on April 9, but the Bulls faced the resistance to 20-day EMA ($ 121).

Sol/USDT Daily Chart. Source: Cointelegraph/TradingView

A minor advantage in favor of Bulls is that the bears do not allow the price to return below $ 110 on April 10. Showing the purchase of the dips. If the Bulls kicked the price above the 20-day EMA, the SOL/USDT pair could rally at 50-day SMA ($ 133) and then $ 153.

This positive view is not valid in the short term if the price drops sharply from the 20 -day EMA and breaks down below $ 110. The pair can reresthew April 7 Intradays of less than $ 95.

Dogecoin Price assessment

Consumers successfully defended $ 0.14 to Dogecoin (Doge) But the moving averages has not yet cleaned.

DOGE/USDT DAILY CHART. Source: Cointelegraph/TradingView

If the price decreases dramatically from moving averages, suggests that emotions remain negative and entrepreneurs sell at rallies. That increases the likelihood of a break below $ 0.14. The DOGE/USDT pair may fall towards the next significant support to $ 0.10.

Conversely, a break and near the top of the moving averages is the first sign of strength. There is a resistance to $ 0.20, but if the bulls overcome it, the pair will complete a pattern of double bottom. The pair can march at $ 0.24 and subsequently to $ 0.26.

Cardano’s price assessment

Cardano (Ada) reaches 20-day EMA ($ 0.65), which is a strong close resistance to guard.

Ada/USDT Daily Chart. Source: Cointelegraph/TradingView

If the price breaks above the 20-day EMA, the ADA/USDT pair can reach 50-day SMA ($ 0.71). This level may be a powerful challenge again, but if consumers prevail, the pair can rally at $ 0.83.

Conversely, if the price drops dramatically from the 20-day EMA, it is a sign that the bears are selling at every minor rally. Which increases the risk of a break below the $ 0.50 support. If that happens, the pair can slide at $ 0.40.

Related: Bollinger Bands creator said Bitcoin forming a ‘classic’ floor near $ 80k

One but the lion’s price assessment

One but the timing (Leo) rose above the line of pile on April 9, which signed a solid demand at a lower level.

LEO/USD Daily chart. Source: Cointelegraph/TradingView

The 20-day EMA ($ 9.38) is sinking, and the RSI is close to the middle, suggesting a balance between supply and demand. If the price breaks above the 20-day EMA, the LEO/USD pair can reach the overhead resistance to $ 9.90.

If the price drops from the 20-day EMA, it suggests that the bears continue to sell at rallies. Bears will make another attempt to sink the pair below $ 8.79. If they succeed, the denial can reach $ 8.30.

Chainlink price analysis

Chaainlink (Link) will trade within a descending channel pattern for days. Rebound on April 9 shows that Bulls are trying to defend the support line.

Link/USDT Daily Chart. Source: Cointelegraph/TradingView

Moving averages are expected to act as a hard resistance to walking. If consumers push the price above the moving averages, the link/USDT pair can choose the momentum and rally at $ 16 and later at $ 17.50.

Especially, if the price turns from moving averages, it is suggested that the bears are active at a higher level. Bears will make another attempt to sink the pair below the support line.

Avalanche’s price assessment

Avalanche (Avax) Rebound sharply to $ 15.27 support on April 9, indicating solid purchase at a lower level.

Avax/USDT Daily Chart. Source: Cointelegraph/TradingView

There is a resistance to the zone between 50-day SMA ($ 20) and Downtrend line, but if consumers succeed it, the AVAX/USDT pair can move forward to $ 23.50.

It is expected to be aggressive that sellers will defend the level of $ 23.50 as a break and close to the top will complete a double pattern underneath. This reversal setup has a target goal of $ 31.73.

Instead, if the price turns from the resistance to the overhead, it is suggested that the pair can remain ranges between $ 15.27 and $ 23.50 for some time.

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.