SPX, DXY, BTC, ETH, XRP, BNB, SOL, DOGE, ADA, LINK

Bitcoin (Btc) Rose 4.25% last week to close above $ 86,000, and Bulls expanded the recovery above $ 88,700 on March 24. 10x founder research Markus Thielen in a March 23 Bitcoin’s reversal indicators have been positivesuggests a “modified exemption.”

Buyers seem to be back in markets. According to Sosovalue data, US spot bitcoin exchange-traded funds (ETF) witnessed Net Inflows of $ 744.4 million Last week after recording five consecutive weeks of flows. However, the Ether ETF cannot replicate a similar performance because they have witnessed a fourth -fourth week of net outflows.

Analysts are divided about near-term price action for Bitcoin. Choose analysts that believe that Bitcoin can run Significant resistance near $ 90,000Starting a pullback towards $ 80,000. In contrast, Bitmex’s co-founder and Maelstrom’s chief investment officer, Arthur Hayes, said in an X post that Bitcoin will rally at $ 110,000 Before it dropped to $ 76,500.

Can the Bitcoin Bulls retain momentum and push the price above $ 90,000? Can Altcoins follow Bitcoin? Let’s review the charts to find out.

S&P 500 Index Evaluation Price

The S&P 500 index (SPX) rose to the 20-day exponential transfer of average (5,742), where the bears were expected to enter.

If the price drops from the 20-day EMA, the bears will try to drag the index below 5,670. If they succeed, the index can retest the critical support zone between 5,600 and 5,500.

On the other hand, a close above the 20-day EMA is the first indication that correction can end. The index will try to rise to 50-day simple transfer of average (5,913).

US Dollar Price Price Evaluation

The US Dollar Index (DXY) revealed from the level of 103.37 on March 19, indicating that the bulls were trying to build a floor.

The index can reach 20-day EMA (104.59), which is an important level to guard. If the index drops sharply from the 20-day EMA, the bears will try again to sink the price below 103.37. If they could pull it, the index could fall to 102 and eventually to 101.

In particular, a break and close to the top of the 20-day EMA suggest that the bears are losing their grip. The index can climb a 105.42 breakdown level, which is likely to act as a terrible barrier.

Bitcoin price analysis

Bitcoin broke up above the 20-day EMA ($ 85,572) on March 23, suggesting the start of a strong recovery.

The 20-day EMA rushes, and the RSI rose to the positive territory, which signed a minor advantage over the bulls. The relief rally is expected to face hard resistance to 50-day SMA ($ 90,290). If the price drops from the 50-day SMA but finds support in 20-day EMA, it will indicate a positive emotion. This increases the likelihood of a rally to $ 95,000 and then $ 100,000.

Conversely, if the price turns from the 50-day SMA and breaks below the 20-day EMA, it suggests that the bears remain active at a higher level. A drop below $ 83,000 could sink the BTC/USDT pair to $ 80,000.

Ether price analysis

Ether (Eth) The bulls are again trying to drive the price above the 20-day EMA ($ 2,057) and the breakdown level of $ 2,111.

If they manage to do that, the markets signal that the breakdown below $ 2,111. The ETH/USDT pair can rally in 50-day SMA ($ 2,356) and subsequently to $ 2,550.

Time is running out of bears. If they want to maintain the advantage, they will need to defend the level of $ 2,111 and quickly pull the price below $ 1,750. That could continue the downtrend towards the next support for $ 1,550.

XRP price evaluation

XRP (XRP) turned up from the 20-day EMA ($ 2.38) on March 23, which signed the bulls used dips to buy.

Bulls will try to push the price above $ 2.59. If they manage to do that, the XRP/USDT pair can climb the resistance line, where sellers are expected to mounted a strong defense.

If the price drops from the resistance line but rebound from the 20-day EMA, it will indicate a positive emotion. That improves prospects of a rest above the resistance line. The pair can rally at $ 3.

Sellers will have to steal the price below $ 2.20 to occupy control. That can clear the path for a retest of important support at $ 2.

BNB price analysis

Bnb (Bnb) has been bouncing from moving averages, indicating a change in emotion from selling to purchase rallies in dips.

If the price rises and breaks above $ 644, it will indicate the continuation of the recovery. The BNB/USDT pair can climb to $ 686 and above it with important resistance to $ 745.

The 20-day EMA ($ 613) is the strong support to guard the downside. A break and close to under 20-day EMA can weaken the bullish momentum. The pair can slide to a 38.2% level of fibonacci retracement of $ 591 and then to 50% retracement level of $ 575.

Solana’s price assessment

Solana (Sol) damaged above the 20-day EMA ($ 135) on March 24, signed that the bulls were trying a return.

If the price maintains above the 20-day EMA, the SOL/USDT pair may increase to 50-day SMA ($ 158). Sellers will try to prevent the rally in the 50-day SMA, but if the bulls overcome the obstacle, the pair can move forward to $ 180. This will bring a large $ 110 to $ 260 gaming range.

Especially, if the price turns from the current level or the 50-day SMA, it suggests that the bears remain selling at rallies. Bears need yank the price below the $ 120 to $ 110 zone support to start the next downtrend leg.

Related: How long will the price of bitcoin last?

Dogecoin Price assessment

Dogecoin (Doge) rises above the 20-day EMA ($ 0.18), indicating that the bulls maintain pressure.

If the price closes above the 20-day EMA, the DOGE/USDT pair can climb 50-day SMA ($ 0.21) and eventually to $ 0.24. The sellers are expected to defend the level, but if the Bulls prevail, the pair can sink to $ 0.29.

Especially, if the price turns from the 20-day EMA and breaks below $ 0.16, signal that bears will remain active at a higher level. The pair could fall into critical support at $ 0.14.

Cardano’s price assessment

Cardano (Ada) has traded between moving averages and the uptrend line in recent days.

The failure of the bears that sink the price to the Uptrend line suggests a lack of sale at a lower level. Consumers will try to strengthen their position by pushing the price above the moving averages. If they do that, the ADA/USDT pair can rise to $ 0.84 and later to $ 1.02.

This positive view is invalid in the near term if the price decreases from moving the averages and breaks down the bottom line. That could sink the pair to $ 0.58 and eventually to $ 0.50.

Chainlink price analysis

Chaainlink (Link) was damaged in 20-day EMA ($ 14.60) on March 24, indicating that downtrend could end.

The link/USDT pair can rise to 50-day SMA ($ 16.34), which can re-act as a tough resistance. If the price drops from the 50-day SMA, the pair is likely to find support in 20-day EMA. If the price bounces in the 20-day EMA, the likelihood of a rally up to $ 19.25 increases.

If the Bears want to avoid the upside, they will need to quickly pull the price below $ 13.82. That can sink the pair to the channel support line near $ 12.

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.