Price analysis 3/19: BTC, ETH, XRP, BNB, Sol, Ada, Doge, Link, Leo, tone

Bitcoin (BTC) hung on to the simple 200 -day mobile average ($ 84,359), which suggests that the Bulls have maintained the pressure. This improves the prospects of an upward break, the signaling of the corrective phase can end.

The founder of Derive, Nick Forster, told Cintelegraph that the current withdrawal is a normal correction that Bitcoin experiences during long -term gatherings. It provides that the peak of the Bitcoin cycle is still to come.

A positive sign in favor of bulls is that the funds negotiated in exchange for Bitcoin (ETF) in the United States have started to attend entries. According to Farside Investors data, the Bitcoin Spot ETF have recorded $ 525 million in entries since March 14.

However, not everyone is optimistic about Bitcoin. The founder and CEO of the cryptotics Ki Young Ju declared in an article on X that Bitcoin could remain in a downward or lateral trend for the next 6 to 12 months as the bull cycle is finished.

Could Bitcoin come out of the 200-day SMA, triggering a rally in Altcoins? Let’s analyze the graphics of the 10 best cryptocurrencies to discover it.

Bitcoin price analysis

Bitcoin is faced with the sale of 200 days SMA, but the Bulls have not abandoned a lot of land. This suggests that the bulls do not pour their positions because they expect a short -term break.

The bullish momentum should take a break and close above the 20-day exponential mobile average ($ 85,441). The BTC / USDT pair could then climb to the 50 -day SMA ($ 91,904).

This optimistic view will be canceled in the short term if the price drops sharply from the EMA by 20 days and decomposes below $ 80,000. The pair can then increase to $ 76,606. Buyers should defend the $ 76,606 area at $ 73,777 with all their strength.

Ether price analysis

The narrow trading range in Ether (ETH) resolved on March 19, indicating that the bulls have mastered the bears.

The sellers will try to stop the rescue rally at the distribution level of $ 2,111, but if the Bulls prevail, the ETH / USDT pair could go up to SMA of 50 days ($ 2468). If this level is also crossed, the pair could reach $ 2,850.

Instead, if the price drops sharply by $ 2,111, it will point out that bears are trying to transform the level into resistance. The bears will gain the upper hand if they flow and maintain the price of less than $ 1,800.

XRP price analysis

XRP (XRP) jumped above mobile averages on March 19, opening the doors of a gathering to the resistance line.

If the price drop in the resistance line, the XRP / USDT pair is likely to find 20 -day EMA support ($ 2.36). A rebound on the 20-day EMA increases the probability of a rupture above the resistance line. The pair can then climb to $ 3.

On the other hand, if the price drops from the resistance line and breaks below mobile averages, this increases the risk of decrease to $ 2. The sellers will be in control on a fence less than $ 2.

BNB price analysis

BNB (BNB) closed above the 50-day SMA ($ 618) on March 17, but the Bulls find it difficult to maintain the upper levels.

The withdrawal should find support for the 20 -day EMA ($ 602). If the price bounces for 20 days EMA with force, it will suggest a change in feeling of the sale of gatherings to buy on hollows. This increases the possibility of a break greater than $ 644. The BNB / USDT pair could then come together at $ 686.

Conversely, a break and a closure below the 20 -day EMA suggests that the Bulls reserve profits. This can run the pair at $ 550.

Solana price analysis

Solana (soil) rebounded in the support area from $ 120 to $ 110 on March 18, indicating that the bulls aggressively defend the area.

If buyers catapult the price above the 20-day EMA ($ 137), this will suggest the start of a sustained recovery. The floor / USDT pair could go back to SMA of 50 days ($ 167) and, after that, at $ 180.

Unlike, if the price decreases compared to the 20 -day EMA, this will point out that bears remain in control. A break below the support area suggests the start of the next step in the downward trend. There is a minor support at $ 98, but if the level breaks down, the pair could drop to $ 80.

Cardano price analysis

Cardano (ADA) has been negotiated between the bullish trend line and the mobile averages for a few days, indicating the indecision on the following directional movement.

The mobile averages downwards and the RSI just below the median point give a light edge to the bears. If the price decreases mobile averages and breaks below the ascending trend line, the ADA / USDT pair could drop to $ 0.58 and possibly $ 0.50.

On the contrary, a break and a closure above the mobile averages suggests that the Bulls are back in the game. The pair could go up to $ 1.02, where the bears should sell aggressively.

Dogecoin price analysis

Dogecoin (DOGE) is faced with sale near the EMA of 20 days ($ 0.18), indicating that bears are active at higher levels.

The Bears will try to browse the price below the support of $ 0.14. If they manage to do so, this will signal the recovery of the downward trend. The Doge / USDT pair could dive into psychological support at $ 0.10.

If buyers do not give up much land from the current level, this improves the prospects for a break over the 20-day EMA. If this happens, the pair could increase to $ 0.25 and thereafter at $ 0.29.

In relation: Can fund managers throw American actions at a record rate – can recession fears harm Bitcoin?

Channel price analysis

ChainLink (Link) reached 20 -day EMA ($ 14.66), but the bulls should face a rigid resistance of the bears.

If the price drop in EMA of 20 days, the Bears will try again to flow the pair of links / USDT below the $ 12 support. If they manage to do so, the pair could go down to the crucial support at $ 10.

Alternatively, a rupture and a closure above the 20-day EMA suggests that degradation under the canal was a bear trap. The pair can climb SMA of 50 days ($ 17.22) and later to $ 19.25.

Analysis of UNUS Sed Leo Prices

Unus Sed Leo (Leo) has been negotiated between $ 10 and $ 9.60 for a few days, suggesting that the Bulls retain their positions when they plan a higher movement.

If buyers drive and maintain the price of more than $ 10, the Leo / USD pair will complement a triangle ascendant Haussier. The pair can then start a Upmove towards the model lens of $ 12.04.

Unlike this hypothesis, if the price drops and breaks down below $ 9.60, it will indicate that the bulls have abandoned. The pair can then come across the ascending trend line, which should again attract buyers.

Tonceoin price analysis

Toncoin (ton) faced a 50 -day SMA resistance ($ 3.56), but a positive sign is that the Bulls did not give in to the bears.

This increases the probability of a rupture and close above the 50-day SMA. If this happens, the pair of your / USDT could increase to $ 4.50, then to $ 5. Sellers are expected to set up a vigorous defense nearly $ 5.

This positive view will be invalidated in the short term if the price drops and breaks below the 20 -day EMA ($ 3.26). This will indicate the sale at higher levels. The pair can then fall at $ 3.

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.

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