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

Bitcoin (Btc) dropped near $ 78,000 in Feb. 28, but the lower level attracts solid purchases of bulls. Cryptoquant and CEO founder Ki Young Ju New all time high after falling 53% in 2021.

The select whales seem to be building a position during sinking. A Bitcoin whale, known as “Spoofy,” Buy 4,000 Bitcoins worth nearly $ 344 million When the price is between $ 82,000 and $ 85,000. Crypto analyst Saint Pump in X said Spoofy is building his “extremely slow” position and can buy more if the markets fall.

The current correction does not impede the long -term view of the standard chartered. In an interview with CNBC, Standard Chartered Head of Digital Assets Research Geoffrey Kendrick said that Bitcoin can recover at $ 200,000 this year And advanced to $ 500,000 before President Trump finished his second term.

Can Bitcoin start recovery, pulling altcoins higher? Let’s check the charts of the top 10 cryptocurrencies to find out.

Bitcoin price analysis

Bitcoin closed under $ 85,000 support on February 26, and Bears successfully defended the level on Feb. 27.

Sellers tried to sink the BTC/USDT pair to $ 73,777, but Bulls bought the DIP at $ 78,258 on Feb. If they manage to do that, it suggests that a short -term bottom may be in place.

Conversely, if the price drops sharply from the overhead resist zone, it indicates the sale at each minor rally. The pair can drop to important support to $ 73,777, where consumers are expected to enter.

Ether price analysis

Ether (Eth) rebounded off the $ 2,111 support, indicating that the bulls were trying to keep the price within a large range.

Bulls will try to stretch the recovery to 20-day EMA ($ 2,611) and then to the downtrend line. It is expected to be aggressive that sellers will defend the downtrend line. If the price decreases from overhead resistance, the ETH/USDT pair can reresthew a $ 2,111 level. If this support is cracks, the pair can sink to $ 2,000 and eventually to $ 1,900.

Contrary to this assumption, a break and near the top of the downtrend line suggests that the bears are losing their grip. The pair can rise to 50-day SMA ($ 2,932).

XRP price evaluation

XRP (XRP) -Down from the symmetrical pattern support line on February 26th, suggesting that the Bears have flipped a level in the resistance.

The XRP/USDT pair sank below the support of $ 2.06 on Feb. 28, but bears cannot maintain lower levels. Consumers will try to push the price above the 20-day EMA. If they could pull it out, signal that the bulls would return to the game.

Especially, if the price turns from the 20-day EMA, it is suggested that the bears remain active at a higher level. This increases the likelihood of a collapse in important support to $ 1.77.

BNB price analysis

Bnb (Bnb) rebounds off the support near $ 557, indicating that the bulls are trying to defend the level.

The BNB/USDT pair will test a rally rally, which is expected to deal with strong sale at 20-day EMA ($ 634). If the price drops dramatically from the 20-day EMA, it increases the likelihood of a break below $ 557. If that happens, the pair may fall to $ 500. Consumers are expected to defend the zone between $ 460 and $ 500.

Upside down, a break and near the top of the 20-day EMA suggest that the sale of pressure is reduced. The pair can reach 50-day SMA ($ 656).

Solana’s price assessment

Solana (Sol) slipped below $ 133 support in Feb. 28, but the long tail on the candle shows solid purchases at a lower level.

There is a minor resistance to $ 147, but it is likely to be crossed. If the price holds above $ 147, the SOL/USDT pair can reach 20-day EMA ($ 169). Seller is expected to bring a strong challenge to the 20-day EMA, but if the Bulls prevail, the pair may expand its recovery to 50-day SMA ($ 201).

This optimistic view will be neglected if the price drops and breaks below $ 125. The pair can be plummet to $ 110.

Dogecoin Price assessment

Buyers failed to push Dogecoin (Doge) Back to the top of the support line, suggesting that the bears have flipped a level in resistance.

The sale continued on Feb. 28, and the Bears will try to sink the price to $ 0.15. However, the RSI slides into the oversold zone, suggesting that a rally rally may be around the corner. Consumers need to push and maintain a Doge/USDT pair above the 20-day EMA ($ 0.24) to start a prolonged recovery.

The failure to push the price back to the top of the 20-day EMA increases the risk of a fall to $ 0.13 and then to $ 0.10.

Cardano’s price assessment

Cardano (Ada) has witnessed a tough battle between the bulls and the bear in the support line of the descending channel pattern.

If the price maintains below the support line, the sale can be selected, and the ADA/USDT pair can drop to $ 0.50. It is expected that consumers will defend the level of $ 0.50 in all of their possible due to a nearby below it can sink the pair to $ 0.33.

If the price turns from the support line, the pair can reach 20-day EMA (0.73). This is an important resistance to overhead to guard because a rest above suggests that the pair can stay inside the channel for more time.

Related: Bitcoin Price Metric Hits ‘Optimal DCA’ zone not seen since BTC exchanged for $ 50k to $ 70k range

Litecoin price analysis

Litecoin (LTC) is oscillating within a symmetrical triangle pattern, indicating anesthesia between bulls and bear.

The 20-day EMA ($ 122) is fuzzy, and the RSI is just above the midpoint, indicating a balance between supply and demand. If the price retains above the 20-day EMA, the Bulls will try to push the LTC/USDT pair above the resistance line. If they succeed, the pair can rally at $ 147.

Conversely, a break below the 50-day SMA ($ 117) opens doors for a drop in the support line. If this level gives way, the pair can plunge at $ 80.

Chainlink price analysis

The failure of the bulls to start a strong recovery from the support line that triggered another spin of the sale of bears in the chainlink (Link).

If the price maintains below the support line, the sale may accelerate, and the link/USDT pair can drop to $ 12.71 and, subsequently, to $ 10.

If consumers want to avoid the downside, they will need to quickly push the price above $ 16. The pair can rise to 20-day EMA ($ 17.42), which is likely to act as a tough resistance. Consumers need to push the price above the 20-day EMA to suggest that the rest below the support line may be a bear trap.

Avalanche’s price assessment

Avalanche (Avax) tried to rise above the breakdown level of $ 22.35 on Feb. 27, but bears will be held.

The Bears continued on sale in Feb. This is an important level to watch out as a break below can sink the pair to $ 15.

Time is running out for bulls. They need to push and maintain the price above the 20-day EMA ($ 24.55) to start recovery. The pair can rise to $ 27.50, which is expected to act again as a resistance.

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.