Bitcoin captures $ 80k zone as BNB, Ton, GT, Atom Hint in Altcoin Season

Bitcoin (Btc) has difficulty breaking above the 200-day simple transfer of average ($ 84,000), but one positive sign is that the bulls do not give much soil to bear. Bitget Research Chief Analyst Ryan Lee told Cointelegraph that Bitcoin a needs to be achieved Weekly close to $ 81,000 to signal resilience. The sale can accelerate if price plummets below $ 76,000.

Another careful voice was Markus Thielen, head crypto researcher in 10x research. Thielen told Cointelegraph that the structure of the Bitcoin chart “suggests an indecision in the market rather than a straightforward integration -with bullish.” Thielen remains Doubting a strong price recovery in bitcoin In the current juncture.

However, the Bitcoin network economist Timothy Peterson has a different perspective. In an X post, Peterson said that April and October were the two months forming a Large portion of the annual performance of bitcoin. That suggests that Bitcoin can rise to a “new all-time high before June.”

Can consumers drive Bitcoin above short -term overhead resistance levels? If they do, what are the other top cryptocurrencies that can rally in the near term?

Bitcoin price analysis

The downfall of the 20-day exponential transfer of average ($ 86,188) suggests that bears are in command, but the positive variation in the relative index index (RSI) indicates that the sale of pressure is reduced.

If the price drops from the current level, the BTC/USDT pair can drop to $ 80,000 and then $ 76,606.

Especially, if the price turns and breaks above the 20-day EMA, the market is a signal that declined the breakdown below the 200-day SMA. The pair can rally at 50-day SMA ($ 93,033) and, after which, at $ 100,000. Consumers may find it difficult to overcome the psychological barrier to $ 100,000.

The 20-Em in the 4-hour chart is up, and the RSI is just above the midpoint, indicating a balance between supply and demand. Consumers need to drive the pair above the resistance line to get the upper hand. The pair can climb to $ 92,810 and then $ 95,000.

Downside support is at $ 80,000 and next to $ 78,000. If supporting crack, the likelihood of a fall below $ 76,606 increases.

BNB price analysis

Bnb (Bnb) began recovery from $ 507 on March 11, facing sale in 50-day SMA ($ 621).

The 20-day EMA ($ 595) is the critical close support to guard. If the price bounces in the 20-day EMA, it suggests that bulls are buying minor dips. That improves prospects of a break above the 50-day SMA. The BNB/USDT pair can rally towards $ 686.

Contrary to this assumption, if the price decreases and breaks down the 20-day EMA, it indicates that the bears are fiercely defending the 50-day SMA. The pair could have fallen to $ 550.

The 20-Em is open to the 4-hour chart, and the RSI is in the positive zone, indicating an emotion. There is a resistance to $ 632, but if consumers succeed, the pair can jump at $ 680.

This optimistic view will be neglected in the near term if the price decreases and breaks down by 20-eum. The pair can dip in 50-sma, which is likely to attract consumers. A break below the 50-smma will tilt the advantage in favor of the bears.

Toncoin price analysis

Toncoin (Ton) Rose sharp from $ 2.35 on March 11 and reached 50-day SMA ($ 3.64) on March 16th.

Correction from the 50-day SMA is expected to find support in 20-day EMA ($ 3.15). If that happens, it will signal a change in emotion from sale at rallies to purchase at dips. This increases the likelihood of a rally above the 50-day SMA. Ton/USDT pair can climb to $ 4 and eventually to $ 5.

In particular, a break and near the bottom of the 20-day EMA suggest that the bears remain active at a higher level. The pair can then drop to $ 2.50.

The 4-hour chart shows the UP Move faces sale at a level of $ 3.60, but consumers are expected to defend the 20-em in denials. If the price turns sharply from the 20-eema, the Bulls will try to push the price above $ 4.15. If they manage that, the pair can jump towards $ 4.67.

Conversely, if the price decreases and breaks below the 20-eum, signal that the bear will remain active at a higher level. The pair can drop to 50-sma and subsequently to $ 2.50.

Related: Toncoin in ‘Great Entry Zone’ as Pavel Durov’s France Exit Fuels Ton Price Rally

Gate token’s price assessment

The gate token (GT) is formed by a symmetrical triangle pattern, which indicates anesthesia between the bulls and the bear.

The 20-day EMA ($ 21.06) is sinking, and the RSI is rising in the middle, indicating that the sale of pressure is reduced. If consumers are urging the price above the triangle, it will signal the continuation of upmove. The GT/USDT pair can climb to $ 24 and eventually $ 26.

If the price continues to lower and closes below the 20-day EMA, signal that the pair can stay inside the triangle for a while. The bear will return to the command at a rest under the triangle.

The 4-hour chart shows that the bears have difficulty maintaining the price below 20-em. That suggests demand at lower levels. Consumers will try to strengthen their position by pushing the price above the resistance line. If they do that, the pair can rally towards $ 24.

Instead, if the price drops and breaks below the 50-sma, signal that the bullish momentum has weakened. The pair can drop to $ 19 and eventually in the support line.

Cosmos price evaluation

Cosmos (Atom) damaged above the 20-day EMA ($ 4.31) on March 15, indicating that the sale of pressure is reduced.

The RSI has formed a positive difference -Irs, suggesting that the bearish momentum has weakened. The 50-day SMA ($ 4.73) can act as resistance but likely to cross. A close above $ 5.15 can open doors for a rally up to $ 6.50.

The 20-day EMA is the important support to guard the downside. If this support gives way, signal that the bears will remain seller at the rallies. That could sink the atom/USDT pair to $ 3.50.

The pair started a pullback in the near term, which could reach 20-ep. If the price turns from the 20-em, it will signal a positive emotion in which the bulls buy the dips. That increases the likelihood of a break above $ 5.15. If that happens, the pair can move forward to $ 5.50 and then $ 6.50.

This positive view is invalid in the near term if the price breaks below the 20-em. That could sink the pair to 50-sma and eventually to $ 3.80.

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.