Price assessment 3/21: BTC, ETH, XRP, BNB, Sol, Ada, Doge, Ton, Link, Leo

Bitcoin’s (Btc) Recovery continues to face sale at a higher level, indicating that the bears do not give up. The material resource indicators of trade were told in an X post “Spoofy the Whale” became Bitcoin price suppression below $ 87,500.

Although the upside is currently restricted, selected analysts believe the downside is limited. Bitmex co-founder said Arthur Hayes in an X post that Bitcoin can drop to $ 77,000It is considered that the Federal Reserve announced a slowing down its volume from April.

Another bullish catalyst for Bitcoin could be the backwards, according to the blackrock leader of digital assets, Robbie Mitchnick. In an interview with Yahoo Finance, Mitchnick said that “sophisticated long-term bitcoin accumulator” is not concerned with current economic headwinds and consider the Market Dip to be a purchase opportunity.

Can Bitcoin develop a higher low in the near term and break above $ 87,500 barriers to the near term? Will its purchase of Altcoins be strengthened? Let’s check the charts of the top 10 cryptocurrencies to find out.

Bitcoin price analysis

Bitcoin climbed above the 20-day exponential transfer of average ($ 85,332) on March 19, but the Bears stopped the rally in the resistance line.

If the price breaks under the uptrend line, the BTC/USDT pair can drop to $ 80,000 and later to $ 76,606. The $ 76,606 to $ 73,777 zone is expected to attract strong bulls, but if the bears prevail, the pair can drop to $ 67,000.

Conversely, if the price is bouncing on the lining line and breaks above $ 87,500, the pair is likely to choose momentum. The 50-day simple transfer of average ($ 91,136) can act as an obstruction, but it is expected to cross. The pair can rise to $ 95,000 and then to a critical level of $ 100,000.

Ether price analysis

Ether (Eth) Recovery is stuck to 20-day EMA ($ 2,067), indicating that bears are active at a higher level.

If the price breaks below $ 1,927, the ETH/USDT pair can be slippery to $ 1,800. Consumers are expected to defend the $ 1,750 to $ 1,800 zone as a break below can open the doors for a fall to $ 1,550.

This negative view is invalid if the price turns and rises above the destruction level of $ 2,111. That removes the path for a potential rally at 50-day SMA ($ 2,420) and, after which, at $ 2,850.

XRP price evaluation

XRP (XRP) climb above the moving averages on March 19, but the bulls will not maintain momentum.

Bears try to pull the price below the 20-day EMA ($ 2.36). If they could pull it out, the XRP/USDT pair could fall at $ 2.22 and then in critical support at $ 2. It is expected that consumers will be able to defend the level of $ 2 because if they fail in their efforts, the pair will complete a head-and-shoulders pattern.

Contrary to this assumption, if the price is bouncing in the 20-day EMA, it will indicate the purchase of the dips. The pair can reach the resistance line.

BNB price analysis

Bnb’s (Bnb) The pullback took the support of 20-day EMA ($ 608) on March 19, indicating the purchase of the dips.

The 20-day EMA began to turn away, and the RSI was in the positive zone, which signed that consumers had a slight edge. A break and close to the top of $ 644 can clear the path for a rally up to $ 686. Sellers will try to defend the level of $ 686 with all their strengths as a rest above can cultivate the price at $ 745.

Sellers need to pull the price below the 20-day EMA to avoid reversed. The BNB/USDT pair can drop to $ 550.

Solana’s price assessment

Solana (Sol) turned away from the 20-day EMA ($ 135) on March 20, signed that the Bears continue to sell in minor rallies.

Sol/USDT pair can slide at $ 120 and then $ 110. Consumers are expected to defend this zone support. If the price is bouncing off the support zone, the Bulls will try again to drive the pair above the 20-day EMA. If they succeed, the pair can rally in 50-day SMA ($ 163).

Conversely, a break and near the bottom of $ 110 signed a downtrend continuity. The pair could fall at $ 98 and eventually to $ 80.

Cardano’s price assessment

Cardano (Ada) turned away from the moving averages on March 20, indicating that the bears were defending the level.

Sellers will try to sink the price on the line of phase, where the bulls are expected to enter. If the price bounces on the line of strength with strength, it increases the likelihood of a rest above the moving averages. ADA/USDT pair can rally at $ 1.02.

Alternatively, a break and close to the bottom of the plot line suggests that the bulls surrendered. That can start a downward move towards $ 0.58 and ultimately $ 0.50. It is expected that consumers will be strongly defending $ 0.50 support.

Dogecoin Price assessment

Buyers find it difficult to push Dogecoin (Doge) above 20-day EMA ($ 0.18), indicating a negative emotion.

If the prices of skids below $ 0.16, the DOGE/USDT pair can reresthew critical support at $ 0.14. This is an important support for Bulls to defend because a break below can sink the pair to $ 0.10.

Upside down, a break and near the top of the 20-day EMA will be the first indication that consumers will return to the game. The pair can rise to 50-day SMA ($ 0.22) and subsequent to $ 0.29.

Related: XRP Price Price Prices to 75% gets next while the SEC ends with the lawsuit against Ripple

Toncoin price analysis

Toncoin (Ton) Deleted 50-day SMA ($ 3.51) obstruction on March 19, but Bears are trying to stop moving $ 4.

The 20-day EMA ($ 3.32) began to turn away, and the RSI jumped into the positive zone, signing an advantage over consumers. The price is expected to find support in 20-day EMA. If that happens, the prospects of a break above $ 4 will improve. Ton/USDT pair can climb to $ 5 and later at $ 5.50.

Sellers need to return the price below the 20-day EMA to get the upper hand. The pair could fall at $ 3.

Chainlink price analysis

Chaainlink (Link) rise above the 20-day EMA ($ 14.59) on March 19, but the bulls will not maintain a higher level.

The price returned to the bottom of the 20-day EMA on March 20, indicating the sale at a higher level. Bears will try to sink the price towards important support to $ 12.

If the price turns from the current level or $ 12, it will suggest a change in emotion from selling to rallies to purchase at dips. Bulls will try again to push the link/USDT pair to 50-day SMA ($ 16.83) and eventually to $ 19.25.

This positive view is invalid if the price continues to be lower and plummets below $ 12. That may sink the pair with psychological support at $ 10.

One but the lion’s price assessment

One but the timing (Leo) remains stuck under the overhead resistance of $ 10, indicating that the bears are holding soil.

The bad moving averages and the RSI near the middle of the point does not provide a clear advantage either to bulls or bear. If the price drops and breaks below $ 9.60, it is suggested that the bears strengthen their position. The Leo/USD pair can go down to the uptrend line.

On the other hand, the climbing triangle pattern is completed at a break and near the top of $ 9.90. The pair can move forward toward the target goal of $ 12.04.

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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