Bitcoin (BTC) exceeded the simple 200 -day mobile average ($ 83,754), indicating that Bulls are trying to return. The failure of bears to capitalize on the drop below the 200 -day SMA shows that the sale of drying at lower levels.
However, Bitcoin may not yet be out of the woods. Crypto Matthew Hyland analyst said in a video published on X that Bitcoin needs a weekly fence greater than $ 89,000 to confirm a background.
A decision greater than $ 89,000 could liquidate approximately $ 1.60 billion in short positions, according to Corglass data. If this does not happen, Hyland warns that Bitcoin will fall into the range from $ 74,000 to $ 69,000.
Crypto Market Data Daily View. Source: Corner360
Buyers have a difficult task in front of them. The $ 13.3 million entries in Bitcoin Funds (ETF) Bitcoin Interchanges (ETF) could be maintained, and the ETFs recorded $ 135.2 million on March 13, by Farers investor data.
This shows that investors remain nervous and support the sales button on the new threats and pricing actions of US President Donald Trump.
Could Bitcoin increase to $ 100,000, which draws more altcoins selected? Let’s analyze the graphics of the 10 best cryptocurrencies to discover it.
Bitcoin price analysis
Bitcoin Bulls are trying to start a recovery, but should face significant resistance in the area between the 200 -day SMA and the 20 -day exponential mobile average ($ 86,717).
BTC / USDT daily graphics. Source: Cointelegraph / TradingView
If buyers stimulate the price above the 20-day EMA, this will indicate that the break below the 200-day SMA could be a bear trap. The BTC / USDT pair could reach the 50 -day SMA ($ 93,876) and, after that, at the $ 100,000 psychological barrier.
Conversely, if the price decreases from the resistance zone to general costs with force, this will indicate that the bears are in order. This increases the probability of a drop in vital support to $ 73,777. Buyers should fiercely defend the level of $ 73,777 because a drop below can draw the pair at $ 67,000.
Ether price analysis
Ether (ETH) was negotiated between $ 1,963 and $ 1,754, indicating a difficult battle between the Bulls and the Bears.
Daily eth / USDT table. Source: Cointelegraph / TradingView
The relative resistance index (RSI) shows the first signs of forming a positive divergence. If the price exceeds $ 1,963, the ETH / USDT pair could reach the level of breakdown of $ 2,111. This level can attract aggressive sales by the Bears, but if the Bulls persist, the pair could rally in SMA of 50 days ($ 2,597).
This optimistic view will be canceled if the price drops from the current level of $ 2,111 and is breaking down below $ 1,754. This will indicate the recovery of the downward trend. The pair can then relax at $ 1,500.
XRP price analysis
XRP (XRP) rebounded the support of $ 2 on March 11 and reached the EMA of 20 days ($ 2.35) on March 13.
XRP / USDT daily table. Source: Cointelegraph / TradingView
The bears are trying to stop the 20 -day EMA recovery, but the Bulls have maintained the pressure. This increases the possibility of a break over the 20-day EMA. The XRP / USDT pair can then reach $ 2.64. If this level is deleted, the pair could come together at $ 3.
Unlike, if the price drops sharply from the current level, this suggests that the feeling remains negative. The pair can retest the crucial support of $ 2, and if this level yields, the pair will complete a head and shoulder pattern. This can flow the pair at $ 1.28.
BNB price analysis
BNB (BNB) exceeded EMA 20 days ($ 591) on March 13, but the Bulls could not maintain the upper levels, as shown in the long wick on the candlestick.
BNB / USDT Daily Chart. Source: Cointelegraph / TradingView
Bulls try again to push the price above the 20-day EMA. The BNB / USDT pair could challenge the 50 -day SMA ($ 624) if they can remove it. A breakup and a closure above the 50-day SMA will suggest that the correction can be completed. The pair could then try a gathering at $ 686.
If the bears want to prevent the increase, they will have to pull the price below the assistance of $ 500. The pair can then fall to $ 460, which should attract aggressive purchases by the Bulls.
Solana price analysis
Solana (soil) was negotiated above $ 120 level, but the Bulls failed to push the price above $ 132.
SOL / USDT DAILY that. Source: Cointelegraph / TradingView
If the price unscrewed below $ 120, the floor / USDT pair could drop to $ 110. This is a critical support to monitor because a break and a closure below can start a movement down $ 98, then at $ 80.
Uplining, rupture and closing above the 20-day EMA suggests that the reduced sales pressure. The pair could rally in SMA of 50 days ($ 178), where bears should set up a solid defense.
Cardano price analysis
Cardano (ADA) was rejected from the 20 -day EMA ($ 0.77) on March 12, reporting that bears sell rallies.
ADA / USDT Daily Chart. Source: Cointelegraph / TradingView
The ADA / USDT pair could fall on the Haussier trend line, which is an important level for the bulls to be defended. If the price bounces from the line of upward trend with force, it will improve the prospects of a break over mobile averages. If this happens, the pair could reach $ 1.02.
This positive view will be invalidated in the short term if the price drops and breaks below the upward trend line. This could start a slide at $ 0.58 and subsequently at the lowest of February 3 of $ 0.50.
Dogecoin price analysis
Dogecoin (Doge) rebounded on the support of $ 0.14 on March 11, indicating that the Bulls are trying to defend the level.
DAGE / USDT daily table. Source: Cointelegraph / TradingView
The rescue rally is expected to face the 20 -day EMA sale ($ 0.19). If the price drops sharply by $ 0.19, it increases the possibility of a breakdown of less than $ 0.14. The DOGE / USDT pair could then fall to $ 0.10.
In relation: The Bitcoin / Gold ratio breaks the support of 12 years while the price of gold reaches a record of $ 3,000
The first sign of force will be a break and close above the 20-day EMA. This could open the doors of a 50 -day SMA rally ($ 0.24). Sellers will try to block the UP movement in SMA of 50 days, but if the Bulls pierce the resistance, the pair could increase to $ 0.29.
PI price analysis
PI recovery (PI) was blocked at $ 1.80 on March 13, indicating that the Bears are sold on each minor rally.
PI / USDT Daily Chart. Source: Cointelegraph / TradingView
The Bears will try to flow the price at $ 1.20, which is a crucial level to watch. If the price bounces for $ 1.20, it will indicate a possible beach training. The PI / USDT pair could oscillate between $ 1.20 and $ 1.80 for a while.
Unlike this hypothesis, if the price continues lower and breaks below $ 1.20, it will signal the resumption of movement down. The pair could go down to the level of retracement of 78.6% of $ 0.72.
Analysis of UNUS Sed Leo Prices
Unus Sed Leo (Leo) has been negotiated near the resistance to general costs of $ 10, indicating that the bulls maintained the pressure.
Leo / USD daily charter. Source: Cointelegraph / TradingView
A break and a closure above $ 10 will complete an upward triangle pattern, which could start an upmove towards the model lens of $ 12.04.
Bears are likely to have other plans. They will try to draw the price from the trendy line, which is an important level to monitor. If the price bounces from the upward trend line, this will point out that the Leo / USD pair can remain inside the triangle for a while.
The bears will gain the upper hand on a break and close below the ascending trend line. This could flow the pair at $ 8.84 and later at $ 8.30.
Channel price analysis
ChainLink (Link) plunged and closed under the support line of the canal model descending on March 10, but the Bears could not maintain the lower levels.
Link / USDT daily chart. Source: Cointelegraph / TradingView
The Bulls postponed the price in the chain on March 14, but their efforts are likely to have a high sale at EMA 20 days ($ 15.14). If the price drop in EMA of 20 days, the Bears will try to sink the pair of links / USDT below $ 11.85. If they manage to do so, the pair could decrease to $ 10.
On the contrary, a rupture and a closure above the 20-day EMA will indicate that the markets have rejected the rupture under the canal. The pair can then climb to the 50 -day SMA ($ 18.27).
This article does not contain investment advice or recommendations. Each investment and negotiation movement involves risks and readers should conduct their own research when they make a decision.