Close Menu
Altcoin ObserverAltcoin Observer
  • Regulation
  • Bitcoin
  • Altcoins
  • Market
  • Analysis
  • DeFi
  • Security
  • Ethereum
Categories
  • Altcoins (3,184)
  • Analysis (3,308)
  • Bitcoin (3,923)
  • Blockchain (2,157)
  • DeFi (2,623)
  • Ethereum (2,623)
  • Event (119)
  • Exclusive Deep Dive (1)
  • Landscape Ads (2)
  • Market (2,714)
  • Press Releases (12)
  • Reddit (2,615)
  • Regulation (2,474)
  • Security (3,687)
  • Thought Leadership (3)
  • Videos (44)
Hand picked
  • Ethereum Staking Hits New High as Network Blocks More ETH
  • BTC holding $70k after the wildest month in recent memory – here’s where I think we actually stand right now
  • Infinite Launches Fiat and Stablecoin Bank Accounts Powered by Erebor Bank for US Businesses
  • Starknet Up 15%: Did 1.5 Billion STRK Transfer and Shinobi Upgrade Fuel This?
  • Bitcoin price surges to $77,500 as Trump ceasefire extension boosts market
We are social
  • Facebook
  • Twitter
  • Instagram
  • YouTube
Facebook X (Twitter) Instagram
  • About us
  • Disclaimer
  • Terms of service
  • Privacy policy
  • Contact us
Facebook X (Twitter) Instagram YouTube LinkedIn
Altcoin ObserverAltcoin Observer
  • Regulation
  • Bitcoin
  • Altcoins
  • Market
  • Analysis
  • DeFi
  • Security
  • Ethereum
Events
Altcoin ObserverAltcoin Observer
Home»Analysis»Bitcoin and Altcoins Restore March Gains as Investors Reduce Risks
Analysis

Bitcoin and Altcoins Restore March Gains as Investors Reduce Risks

March 28, 2026No Comments
Share Facebook Twitter Pinterest LinkedIn Tumblr Reddit Telegram Email
Share
Facebook Twitter LinkedIn Pinterest Email


Key points:

  • Bitcoin’s fall below the $66,000 support increases the risk of a decline to the $62,500 level.

  • Some major altcoins have fallen below their immediate support levels, opening the door for further declines.

Bitcoin (BTC) is under pressure from the bears, who are trying to keep the price below the $66,000 level. Uncertainty over the U.S.-Israel-Iran war limits gains and exerts downward pressure. U.S. Bitcoin spot exchange-traded funds saw $171 million in outflows on Thursday, the largest since $348 million in redemptions on March 3, according to data from Farside Investors.

Although BTC faces selling during rallies, the bulls have successfully defended the $60,000 level since February 6. Glassnode said in its latest Week On-chain newsletter that the sharp contraction in BTC’s entity-adjusted realized profit from $3 billion per day in July 2025 to $0.1 billion currently suggests that the bear market is moving into its later stages.

Daily view of crypto market data. Source: Trading View

A positive sign in favor of the bulls is that BTC whales and sharks have continued to accumulate. Santiment said in an article on Historically, an upside breakout occurs when large portfolios accumulate and retail sells.

Could BTC and some major altcoins hold onto their crucial support levels? Let’s analyze the charts of the top 10 cryptocurrencies to find out.

Bitcoin Price Prediction

Buyers were unable to keep BTC above the $72,000 level on Wednesday. This may have attracted sellers who pulled the price below the ascending triangle support line on Friday.

BTC/USDT daily chart. Source: Cointelegraph/Trading View

If BTC price closes below the support line, the uptrend will be invalidated. This could intensify the selling, pulling the BTC/USDT pair towards the $62,500-$60,000 support zone.

Instead, if the price rises sharply from the current level and exceeds the $72,000 level, it suggests that the bulls are trying to regain the steering wheel. The pair could then challenge the crucial resistance at $74,508. If buyers overcome the barrier, the pair could reach $84,000.

Ether Price Prediction

Ether (ETH) declined and fell below the $2,111 breakout level on Thursday, indicating that the bears are attempting to make a comeback.

ETH/USDT daily chart. Source: Cointelegraph/TradingView

Sellers kept up the pressure and pulled the ETH/USDT pair below the 50-day SMA ($2,044) on Friday. ETH price could drop to the $1,900 level, which would likely attract buyers. However, if the bears prevail, the pair could collapse to the vital support of $1,750.

This negative view will be invalidated in the short term if the price rises sharply and exceeds the $2,200 level. This improves the prospects of a rally above the $2,400 level.

BNB Price Prediction

BNB (BNB) has been oscillating between $570 and $687 over the past few weeks, signaling a buy near support and a sell near resistance.

BNB/USDT daily chart. Source: Cointelegraph/TradingView

There is minor support at $607, but if the level gives way, the BNB/USDT pair could fall to the $570 level. A strong bounce off the $570 support suggests the pair could remain range-bound for some time to come.

The next trend move is expected to start at a close below $570 or above $687. If buyers clear the overhead hurdle, BNB price could surge to $790. Alternatively, a close below $570 could send the pair falling to the psychological level of $500.

XRP Price Prediction

XRP (XRP) declined from the moving averages on Thursday, indicating that the bears remain in control.

XRP/USDT daily chart. Source: Cointelegraph/TradingView

XRP price could slide to $1.32 and then to $1.27. Buyers will attempt to aggressively defend the $1.27 level, but if the bears prevail, the XRP/USDT pair could fall to the support line.

The first sign of strength will be a close above the moving averages. The pair could then reach the breakout level of $1.61, which should pose a significant challenge for the bulls. If buyers break above the $1.61 level, the next stop will likely be the downtrend line.

Solana Price Prediction

Buyers attempted to push Solana (SOL) above the $95 resistance on Wednesday, but the bears held firm.

SOL/USDT daily chart. Source: Cointelegraph/TradingView

SOL price fell below the 50-day SMA ($86), indicating that the bulls have given up. This suggests that the SOL/USDT pair could extend its stay in the $76-$95 range for some more time.

The next trend move should begin upon a breakout above or below the range. If the bulls propel the price above $95, the pair could reach the $117 level. On the other hand, a close below $76 could send the pair down to $67.

Dogecoin Price Prediction

Dogecoin (DOGE) broke above the moving averages on Wednesday, but the bulls were unable to sustain the higher levels.

DOGE/USDT daily chart. Source: Cointelegraph/TradingView

DOGE price declined on Thursday and the bears pulled the DOGE/USDT pair below the critical $0.09 support. If sellers keep the price below $0.09, the pair could collapse to $0.06.

Buyers are unlikely to give up easily. They will attempt to defend the $0.09 level and quickly push the price above the moving averages. If they succeed, the pair could rise to $0.10 and then to $0.12.

Hyperliquid price prediction

Hyperliquid (HYPE) fell from $41.59 on Wednesday, but will likely find support in the area between the 20-day EMA ($37.64) and the $36.77 breakout level.

HYPE/USDT daily chart. Source: Cointelegraph/TradingView

If HYPE price rebounds above the $36.77 level, it suggests that the bulls are trying to move the level into support. Buyers will strive to strengthen their position by pushing the HYPE/USDT pair above the $43.77 level. If they succeed, the pair could begin its march north towards $50.

Contrary to this assumption, if the price continues to decline and breaks below $36.77, it suggests that the bulls are losing their grip. The pair could drop to the 50-day SMA ($33.34), which should attract buyers.

Related: Ether Traders See ‘Further Drop’ as ETH Price Falls Below $2,000

Cardano Price Prediction

Buyers pushed Cardano (ADA) above the 50-day SMA ($0.27) on Wednesday, but were unable to sustain the higher levels.

ADA/USDT daily chart. Source: Cointelegraph/TradingView

The ADA/USDT pair fell sharply on Thursday, signaling that the bears had resumed selling. There is strong support at $0.25, but if the level breaks down, ADA price could drop to $0.22.

This negative view will be invalidated in the short term if the price rises sharply from the $0.25 level and closes above the moving averages. This opens the way for a rally towards the downtrend line.

Bitcoin Cash Price Prediction

Bitcoin Cash (BCH) fell below the 20-day EMA ($468) on Thursday, indicating that the bears are trying to maintain control.

BCH/USDT daily chart. Source: Cointelegraph/TradingView

The BCH/USDT pair could move down to the $443 support, which is a crucial level to watch. If the bears cause BCH price to drop below the $443 level, the pair will complete a bearish head and shoulders pattern. This could start a decline to $375.

On the contrary, if the price rises from the $443 level, it signals strong buying at lower levels. The pair may form a range between $443 and the 50-day SMA ($491) for some time. Buyers will need to push and sustain price above the 50-day SMA to signal the start of a sustainable recovery towards $520.

Chainlink Price Prediction

Chainlink’s (LINK) rebound collapsed to $9.50 on Wednesday, indicating that bears are selling into rallies.

LINK/USDT daily chart. Source: Cointelegraph/TradingView

The price declined sharply on Thursday and the bears pulled the LINK/USDT pair below the support line of the ascending channel pattern. If LINK price closes below the channel, the pair could fall to $8.05 and then to $7.15.

Buyers will likely have other plans. They will attempt to keep the price inside the channel and push the pair above the $9.50 level. If they do, the pair could bounce back to the resistance line.