Price assessment 3/19: BTC, ETH, XRP, BNB, Sol, Ada, Doge, Link, Leo, Ton

Bitcoin (Btc) clings to the 200-day simple moving average ($ 84,359), suggesting that the bulls maintain pressure. That improves the prospects of an inverted breakout, the signing of the corrective phase may end.

The founder of Nick Forster told Cointelegraph that the current pullback is a normal correction that the experiences in Bitcoin during the long -term rallies. He is looking forward to that The Bitcoin cycle is yet to come.

A positive sign in favor of Bulls is the US spot bitcoin exchange-traded funds (ETF) began to witness the streams. According to Farside investors DataThe Bitcoin ETF spot has recorded $ 525 million in streams from March 14th.

However, not all are bullish in Bitcoin. Cryptoquant and CEO founder Ki Young Ju The bull cycle is over.

Can Bitcoin break into the 200-day SMA, which triggers a rally to the Altcoins? Let’s check the charts of the top 10 cryptocurrencies to find out.

Bitcoin price analysis

Bitcoin faces sale in 200-day SMA, but the Bulls do not give up a lot of land. That suggests that bulls do not throw their positions because they expect a breakout in the near term.

The bullish momentum is expected to choose a break and close to the top 20-day exponential transfer of average ($ 85,441). BTC/USDT pair can climb 50-day SMA ($ 91,904).

This optimistic perspective will be neglected in the near term if the price drops sharply from the 20-day EMA and breaks below $ 80,000. The pair could then fall to $ 76,606. Consumers are expected to defend the $ 76,606 to $ 73,777 zone in all their strengths.

Ether price analysis

The narrow range of trading in ether (Eth) resolved upside down on March 19, indicating that the bulls were so strong that the bears were strong.

Seller will try to stop the rally at the breakdown level of $ 2,111, but if the Bulls prevail, the ETH/USDT pair can climb 50-day SMA ($ 2,468). If this level is also crossed, the pair can move forward to $ 2,850.

Instead, if the price drops dramatically from $ 2,111, signal that the bears are trying to flip the level in resistance. Bears will get the upper hand if they sink and maintain the price below $ 1,800.

XRP price evaluation

XRP (XRP) Climb above the moving averages on March 19, opening doors for a rally in the resistance line.

If the price drops from the resistance line, the XRP/USDT pair is likely to find support in 20-day EMA ($ 2.36). A bounce off the 20-day EMA increases the likelihood of a rest above the resistance line. The pair can climb to $ 3.

On the other hand, if the price turns from the resistance line and breaks below the moving averages, it increases the risk of a fall to $ 2. Seller will control a nearby $ 2.

BNB price analysis

Bnb (Bnb) closed above the 50-day SMA ($ 618) on March 17, but the bulls were struggling to maintain a higher level.

The pullback is expected to find support in 20-day EMA ($ 602). If the price is bouncing to the 20-day EMA with strength, it will suggest a change in emotion from selling at rallies to purchase at dips. This increases the likelihood of a break above $ 644. The BNB/USDT pair can rally at $ 686.

Conversely, a break and near the bottom of the 20-day EMA suggests that the bulls booked the income. That could sink the pair to $ 550.

Solana’s price assessment

Solana (Sol) rebounded off the $ 120 to $ 110 support zone on March 18, indicating that the bulls were aggressively defending the zone.

If consumers catapult prices above the 20-day EMA ($ 137), it suggests the start of a prolonged recovery. The SOL/USDT pair can rally in 50-day SMA ($ 167) and, after which, at $ 180.

Especially, if the price drops from the 20-day EMA, signal that the bears will remain controlled. A break below the support zone suggests starting the next downtrend leg. There is a minor support for $ 98, but if the level breaks, the pair can fall to $ 80.

Cardano’s price assessment

Cardano (Ada) is trading between the lines of the lines and the transfer of averages in recent days, indicating anesthesia about the next movement.

The collapse of the moving averages and the RSI just below the midpoint gives a slight edge to the bear. If the price decreases from moving averages and breaks under the phase line, the ADA/USDT pair can drop to $ 0.58 and ultimately $ 0.50.

On the other hand, a break and near the top of the moving averages suggest that the bulls return to the game. The pair can climb to $ 1.02, where bear is expected to sell aggressively.

Dogecoin Price assessment

Dogecoin (Doge) is faced with sale near 20-day EMA ($ 0.18), indicating that the bears are active at a higher level.

Bears will try to sink the price below the support of $ 0.14. If they manage to do that, it will signal the continuation of the downtrend. The Doge/USDT pair can plunge with psychological support for $ 0.10.

If consumers do not give up a lot of land from the current level, it improves prospects of a break above the 20-day EMA. If that happens, the pair can climb to $ 0.25 and then at $ 0.29.

Related: Fund managers throw us stocks at record speed – can the fears of backwards hurt Bitcoin?

Chainlink price analysis

Chaainlink (Link) will rise to 20-day EMA ($ 14.66), but the bulls are expected to deal with hard resistance from the bear.

If the price drops from the 20-day EMA, the Bears will try again to sink the link/USDT pair below the $ 12 support. If they manage to do that, the pair may drop to important support to $ 10.

Alternatively, a break and near the top of the 20-day EMA suggest that the damage to the bottom of the channel is a bear trap. The pair can climb 50-day SMA ($ 17.22) and eventually to $ 19.25.

One but the lion’s price assessment

One but the timing (Leo) traded on a tight range between $ 10 and $ 9.60 in recent days, suggesting that the bulls were holding their positions as they hoped to move higher.

If consumers are driving and maintaining the price above $ 10, the Leo/USD pair will complete a climbing triangle pattern. The pair can start an upmove towards the target pattern of $ 12.04.

Contrary to this assumption, if the price drops and breaks down $ 9.60, signal that the bulls surrendered. The pair can drop in the uptrend line, which is expected to attract consumers again.

Toncoin price analysis

Toncoin (Ton) faces resistance to 50-day SMA ($ 3.56), but a positive sign is that the bulls are not ceded ground in the bear.

This increases the likelihood of a break and close to the top of the 50-day SMA. If that happens, the TON/USDT pair can climb to $ 4.50 and then $ 5. Sellers are expected to mounted vigorous defense near $ 5.

This positive outlook is not valid in the near term if the price decreases and breaks down the 20-day EMA ($ 3.26). That will indicate a sale at a higher level. The pair could fall at $ 3.

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.

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