Price analysis 4/2: BTC, ETH, XRP, BNB, Sol, Doge, Ada, Ton, Link, Leo

Bitcoin bulls (BTC) increased the price higher at $ 87,000, even if American sales prices should come into force on April 2. Bitcoin can remain volatile in the short term, but analysts remain optimistic in the long term.

According to Fidelity analyst, Zack Wainwright, Bitcoin is currently in the acceleration phase, which “can conclude with a net and dramatic rally” if history is repeated. If this happens, Wainwright expects $ 110,000 to be the starting base for the next Upmove stage.

The co-founder of Bitmex and director of investment in investment in Maelstrom, Arthur Hayes, said in a position that if the federal reserve swiven a quantitative relaxation, Bitcoin could come together at $ 250,000 by the end of the year.

Could Bitcoin exceed the resistance to general costs of $ 89,000, starting a rally in certain altcoins? Let’s analyze the graphics of the 10 best cryptocurrencies to discover it.

Bitcoin price analysis

Bitcoin has increased near the resistance line, where sellers should make a solid challenge.

The flatment of an exponential mobile average of 20 days ($ 85,152) and the relative resistance index (RSI) just above the median signal, the bears lose their grip. This improves the prospects for a gathering above the resistance line. If this happens, the BTC / USDT pair could increase to $ 95,000 and possibly $ 100,000.

Alternatively, if the price drops sharply from the resistance line and decomposes below $ 81,000, this suggests that the bears are back in the driver’s seat. The pair can then increase to $ 76,606.

Ether price analysis

Ether (ETH) rebounded on the support of $ 1,754 on March 31, pointing that the Bulls are trying to form a model with two basins.

The Bears will try to calm the EMA rescue rally for 20 days ($ 1,965). If the price drop in EMA by 20 days, the possibility of a break below $ 1,574 increases. The ETH / USDT pair can then collapse at $ 1,550.

On the contrary, a break and a closure above the 20-day EMA opens the doors for an increase in the breakdown of $ 2,111. If buyers allow this resistance, the pair will complete a double -bottomed model, starting a rally with the target lens of $ 2,468.

XRP price analysis

The low rebound in XRP (XRP) on the crucial support of $ 2 suggests an aggressive lack of purchase by bulls at current levels.

This increases the risk of a break below $ 2. If this happens, the XRP / USDT pair will complete a head and shoulder motive. This negative configuration could start a downward movement at $ 1.27. There is a support at $ 1.77, but it is likely to be broken.

Uplining, a break and a closure above the 50-day SMA ($ 2.39) suggests solid purchases at lower levels. The pair can then join the resistance line, where bears should set up a solid defense. A rupture and close above the resistance line indicates a change in potential trend.

BNB price analysis

The BNB recovery attempt (BNB) stalled the mobile averages on April 1, indicating that bears sell rallies.

The Bears will try to strengthen their position by pulling the price below $ 587. If they can withdraw it, the BNB / USDT pair could go down to Fibonacci’s retirement level at $ 575 and later with a retracement of $ 61.8%. The deeper the withdrawal, the more the time required for the pair to recover.

A break over mobile averages is the first sign that the sales pressure has reduced. The pair can come together at $ 644, then $ 686, which is likely to attract sellers.

Solana price analysis

Solana (soil) is in a hurry between the 20 -day EMA ($ 132) and the $ 120 support, reporting a possible short -term beach expansion.

If the price breaks and closes above the 20-day EMA, this suggests that buyers have mastered the sellers. The floor / USDT pair can reach SMA of 50 days ($ 145) and, after that, at $ 180.

This positive view will be invalidated in the short term if the price drops in mobile averages and breaks below $ 120. This could derive the price at $ 110, where buyers should intervene.

Dogecoin price analysis

DOGECOIN (DOGE) remains stuck under the 20 -day EMA ($ 0.17), indicating that bears continue to sell minor rallies.

The first sign of force will be a break and close above the 20-day EMA. The DOGE / USDT pair can increase to $ 0.21, which could act as a strong barrier. If buyers pierce the resistance of $ 0.21, the pair can go back to $ 0.24 and later at $ 0.29.

Sellers are likely to have other plans. They will try to defend the mobile averages and pull the price below $ 0.16. If they manage to do so, the pair could go down to the support of $ 0.14. A break and a closure below the level of $ 0.14 can run the pair at $ 0.10.

Cardano price analysis

Buyers try to repel Cardano (ADA) above the ascending trend line, but the Bears are likely to sell near the mobile averages.

The EMA of 20 days broken ($ 0.71) and the RSI just below the median signal that the ports have the edge. If the price drops and breaks down below $ 0.63, the ADA / USDT pair could dive at $ 0.58 and then $ 0.50.

Buyers will have to drive and maintain the price above the 50-day SMA ($ 0.75) to report a change in short-term potential trend. The pair could come together at $ 0.84, which can act as an obstacle.

In relation: Will the Bitcoin price plant again?

Tonceoin price analysis

Toncoin (ton) broke out above the resistance of $ 4.14 on March 1, but the Bulls could not support the break.

A positive minor in favor of the Bulls is that they did not allow the price to slide a lot below $ 4.14. This increases the possibility of a break over resistance to general costs. The pair of your / USDT could come together at $ 5 and later at $ 5.50.

The 20 -day EMA ($ 3.71) is the critical support to be monitored when falling. If the support cracks, this will point out that the bulls lose their grip. The pair can slide towards the 50 -day SMA ($ 3.48) then at $ 2.81.

Channel price analysis

ChainLink (Link) tried to exceed 20 -day EMA ($ 14.32) on April 1, but the Bears kept good.

The sellers will try to pull the price of the support line from the downhill channel model, which remains the key to short term level to keep an eye. If the price breaks below the support line, the Link / USDT pair could drop to $ 10.

If buyers want to prevent the drawback, they will have to push and maintain the price above the SMA of 50 days ($ 15.47). If they manage to do so, the pair could come together at $ 17.50 and thereafter to the resistance line.

Analysis of UNUS Sed Leo Prices

Unus Sed Leo (Leo) is withdrawn from the resistance of the general costs of $ 9.90 and plunged under the trend line ascending on March 30.

However, the Bears could not maintain the lower levels, and the Bulls pushed the price in the triangle on April 1. The recovery should be faced with the 20 -day EMA sale ($ 9.60). If the price drops from the EMA by 20 days and breaks below the upward trend line, it increases the risk of falling to $ 8.

Instead, if the Leo / USD pair breaks above the 20-day EMA, this suggests that the markets have rejected the failure. A break and a closure greater than $ 9.90 will complement an ascending triangle motif, which has a target target of $ 12.04.

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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