Bitcoin

Bitcoin (BTC) was quiet during the weekend, indicating that the bull and bear are waiting for the next trigger to move. Traders seem to be uncertain in the short term, but analysts maintain strength in the long run.

Market analyst GERT VAN LAGEN emphasized that Bitcoin is out of the megaphone pattern, which can start a parabolic increase in the range of 270,000-$ 300,000 by 2025. Separately, the analyst APSK32 expects Bitcoin to follow the gold rally and reach $ 400,000.

Analysts expect Bitcoin to rise, but remain at the arrival of Altcoin season. One of the problems with Altcoins is to distribute the liquidity of the trader among the tokens at a fast new firing speed. BOBBY ONG, co-founder and chief operating officer of Coingecko, said that 600,000 new tokens were created in January, and in 2022-2023, about 50,000 new tokens, which had about 50,000 new tokens each month, rapidly increased.

Can Bitcoin stand beyond the tight range trapped for the last few days? If that happens, let’s look at the highest cryptocurrency that can move higher.

Bitcoin price analysis

Bitcoin is faced with resistance in the moving average, but a positive sign is that the bull has no basis for the bear.

This increases the possibility of rest than the moving average. The $ 100,000 level may be an obstacle, but it is expected to cross. The BTC/USDT pairs can rise to $ 102,500 and rise to $ 106,500.

If Bears wants to prevent the rise, you need to draw the price to $ 94,000 more than immediate support. It can sink with a solid support of $ 90,000. The buyer is expected to pay $ 94,000 fiercely because the following breaks complete the weak top pattern. The next support is $ 85,000.

This pair was traded within a tight range of $ 98,500 to $ 94,800. The moving average is flat and the relative strength index (RSI) is just below the middle point, showing a balance between supply and demand. The buyer must push more than $ 98,500 to open the door for the rally.

Instead, if the price continues to be lowered and destroyed below the movement average, it suggests that the pair may remain in a tight range for some time. The short -term trend will be advantageous to Bears at a break of $ 94,000 or less.

XRP price analysis

XRP (XRP) forms a symmetrical triangle pattern, indicating uncertainty between the bull and the bear.

The 20 -day index moving average ($ 2.64) began to increase, and the RSI is in a quantity zone and indicates the minor benefits of the bull. The XRP/USDT pairs can go up to a downward line, which can act as a stiff resistance. The buyer must promote and maintain the price than the triangle to seize the control.

Contrary to this family, if the price falls and destroys below the moving average, you can see that the pair may remain inside the triangle for more time.

Both moving average is tilted on a four -hour chart, RSI is in a positive area and has a favorable advantage for the bull. You can get rid of the rally due to over $ 2.84 breaks and finishes.

On the contrary, rest and 20-EMA breaks can be pulled to the 50 flat surface average. It suggests that the pair may remain inside the triangle for a while. The bear returns to the driver’s seat during the break under the support line.

Lighting token price analysis

Litecoin (LTC) has been trading in a symmetrical triangle pattern for several days, indicating that it is purchased near the support line and sold in the resistance line.

The 20 -day EMA ($ 118) and RSI of 57 or more suggest that the buyer is slightly superior. If the price rises from the current level or on the 20th EMA, it will be announced. Then the bull is trying to pursue the LTC/USDT pair on the triangle. If they succeed, the pairs can rise to $ 141 and then rise to $ 147.

On the other hand, the pair can vibrate inside the triangle for several days, under the EMA below the EMA of less than 20 days. Trends prefer bears under the support line.

This pair descends from the resistance line and goes bankrupt below 20-EMA to suggest a short-term profit reservation. The bear will try to calm the price by 50-SMA. This is an important level for the bull defense. If 50-SMA progresses, the pair can fall to $ 112.

If the price rises at the current level or 50-SMA and violates the resistance line, this negative view is invalidated. The pair can go up to $ 147, where the bear is likely to raise a significant challenge.

relevant: What happened in Crypto today is:

Mantra price analysis

MANTRA (OM) showed a strong rise, but the long week of the candle stick on February 15 shows more than $ 8 profits.

OM/USDT pairs are expected to receive support at 38.2% Fibonacci Retression level of $ 7.08 and 50% sponsorship level of $ 6.73. The shallow fullback increases the sustainability of the upward trend. If the price is over $ 8.20, the pair can increase to $ 10.

Or deeper fullback suggests that traders are rushing to exit. This pair can fall to EMA ($ 5.92) on the 20th. This is an important support to be careful because the following rest can be pulled to $ 5.27.

The four -hour chart shows that this pair is trading within a tight range between $ 7.35 and $ 7.82. If the price rises from the current level and rises more than $ 7.82, the pair can be rally at $ 8.20.

On the contrary, if the price is less than $ 7.35, the pair may fall to $ 7.08, then 20-EMA. If the price rebounds at 20-EMA, the pair will try to resume the rise again. The seller must yoke less than 20-EMA to start a deeper modification.

Gate token price analysis

Gate Token (GT) was finished over the down trend line on February 14, indicating that the bull is attempting a comeback.

But the seller will not give up easily. They will try to return the price below the downward trend line. If the price rebounds on the 20th EMA ($ 22.22), you can see that the bull is buying a small dip. It will improve the view of the meeting to $ 26.

Instead, if the 20 -day EMA is cracked, the GT/USDT pair can slip to 50 days SMA ($ 20.67). The rest below is an important support to be careful because you can open the door for the fall for $ 17.43.

This pair will be supported by 20-EMA on a 4-hour chart. If the price pops out of 20-EMA and removes $ 24 resistance, the pair will be $ 25 and then go up to $ 26.

Conversely, rest and 20-EMA rest suggests the beginning of deeper correction for 50-SMA. Buyers will have to actively defend 50-SMA.

This article does not include investment advice or recommendation. All investment and trading measures include risks, and the reader must do his own research when making a decision.