Bitcoin (BTC) bulls are trying to start recovery, but higher levels of sales continue to disarm each attack. Peter Brandt, a veteran merchant, gave a goal of $ 65,635 in X’s post, breaking up in the bear wedge pattern.
According to NIC Puckrin, the founder of Coin Bureau, fear of the current -extended trade war with the current macroeconomic environment created a 40% possibility of the recession in 2025. Puckrin said the economic downturn and the current macroeconomic uncertainty could put pressure on dangerous assets such as cryptocurrency.
Encryption market data every day. source: Coin 360
But not everyone is weak in Bitcoin in the short term. Analyst STOCKMONY LIZARDS said in X’s post that Bitcoin’s local floor could be between $ 82,000 and $ 80,000. Analysts expect Bitcoin to be reversed next week.
If Bitcoin starts recovery, it is more likely that Altcoins will be higher. Let’s take a look at the chart of the top Cryptocurrency that shows optimistic settings.
Bitcoin price analysis
The failure to cross the resistance of Bitcoin may have seduced the sales of traders. Bears will try to draw prices for important $ 80,000 support.
BTC/USDT daily chart. Source: COINTELEGRAPH/TradingView
The 20 -day index moving average ($ 85,253) is flat and the relative robbery index (RSI) is just below the middle point, which has some advantages to the bear. With a $ 80,000 support crack, the BTC/USDT pairs can plunge to $ 76,606.
On the other hand, if the price rises at the current level or from $ 80,000, the rally outlook is improved. In this case, we suggest the end of the corrective stage. This pair was gathered for $ 95,000 and then gathered for $ 100,000.
BTC/USDT 4 hours chart. Source: COINTELEGRAPH/TradingView
20-EMA refused a four-hour chart, RSI is in a negative area and is a signal that bears control. If the price drops from the current level, the pair slides to $ 80,000 and can slip to $ 78,000.
The buyer must promote and maintain the price of 20-EMA or more to signal the strength. Then the pair can go up to the resistance line, which is an important resistance to be careful. Optimistic propulsion is expected to begin with more than $ 89,000 rest.
Toncoin price analysis
Toncoin (TON) pops up on March 30, showing positive emotions.
Tone/USDT daily chart. Source: COINTELEGRAPH/TradingView
The 20 -day EMA ($ 3.58) and RSI in the positive zone indicate the benefits to the buyer. Bulls tries to strengthen its position by pushing the price to $ 4.14 or more. If they can pick it up, the ton/USDT pair can start a new work with $ 5 and then start with $ 5.65.
The seller must yoke a lower price than $ 3.3 support to seize control. These signals remain as a seller in the rally. This pair was $ 2.81, which eventually plunged to $ 2.64.
Tone/USDT 4 hours chart. Source: COINTELEGRAPH/TradingView
The pair is shown on the UPTREND line and indicates that the bull sees a dip as a purchase opportunity. The pair can reach the $ 4.14 overhead resistance, which is expected to come in. However, if the buyer penetrates the resistance, the next leg of the pair can start at $ 5.
The bear sinks and maintains the price below the upward line to return to the driver’s seat. Then the pair can fall to $ 3.28.
Chronos price analysis
The Chronos (CRO) broke up from the moving average on March 24 and indicates that the decline may end.
CRO/USDT daily chart. Source: COINTELEGRAPH/TradingView
The CRO/USDT pairs are faced with sales of nearly $ 0.12, but the positive signs of BULLS are not maintained at less than $ 0.10. This suggests that the buyer is trying to form a lower value. If the bull pushes the price to $ 0.12 or more, the pair can be rally at $ 0.14.
Sellers are likely to have different plans. They will try to reduce the price below the moving average and to trap an aggressive bull.
CRO/USDT 4 hours chart. Source: COINTELEGRAPH/TradingView
This pair is set in the range between $ 0.10 to $ 0.12, indicating uncertainty between the bull and the bear. 20-EMA is gradually climbing to the slopes, and the RSI is in the middle of the point, which has a slight advantage to the bull. Rest and more than $ 0.12 are more than $ 0.12.
The seller will return to the driver’s seat when the price of 50-SMA is reduced and maintained. It can draw pairs to $ 0.08.
relevant: Is the XRP price of about $ 2 or is the end of the bull market? Analyst’s weight
Mantle price analysis
Mantle (MNT) has not risen more than 50 days SMA ($ 0.84) over the last few days, but a positive sign is that the bull is trying to hold the price of EMA ($ 0.80) more than 20 days.
MNT/USDT daily chart. Source: COINTELEGRAPH/TradingView
If the price rebounds the EMA for 20 days, the emotions will be suggested, from rally sales to deep purchases. It improves the view of rest than the 50 -day SMA. If this happens, the MNT/USDT pair will go up to $ 0.94 and later up to $ 1.06.
Contrary to this family, if the price continues to decrease and destroys below $ 0.77, it will take a short -term advantage for the bear. Then the pair falls to $ 0.72, delaying the beginning of UP movement.
MNT/USDT 4 hours chart. Source: COINTELEGRAPH/TradingView
The 4 -hour chart is faced with a stiff resistance of $ 0.85. This pair can fall to $ 0.77, which is an important support to be careful. If the price rebounds at $ 0.77, you can see that the bull is buying deep. It can keep pairs from $ 0.77 to $ 0.85 for a while. Rest and finish of $ 0.85 or more can push pairs to $ 0.95.
The seller has an advantage by picking the price of less than $ 0.77. Then the pair could fall to $ 0.69.
Price analysis rendering
Render (RNDR) has been strong for several weeks, but Bulls has signaled demand at low levels, exceeding 50 days SMA ($ 3.77) on March 25.
RNDR/USDT daily chart. Source: COINTELEGRAPH/TradingView
The bears withdraw the price with 20 days of EMA ($ 3.57). This is an important level to be careful. If the price rebounds the EMA for 20 days, Bulls will try to push the RNDR/USDT pairs to $ 5 and later $ 6.20.
This positive view continues to lower the price and it will be invalidated in the short term if it is finished less than $ 3.05. This signals aggressive sales at a higher level. The pair can fall to $ 2.83, then fall to $ 2.52.
RNDR/USDT 4 hours chart. Source: COINTELEGRAPH/TradingView
The 20-EMA is rejected, the RSI is in the negative area of the four-hour chart and indicates the benefits to the seller. The rest and finish under the upward line will further strengthen the bear and draw the pairs to $ 3.
The first sign of the strength is rest and closer than the moving average. It can open the door for a rally. After the pair finished more than $ 4.20, the UP movement was accelerated to complete the strong and shoulder patterns.
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.