BITCOIN (BTC) Bulls is attempting a comeback by maintaining a price of more than 200 days ($ 84,899) for 200 days on weekends. Ryan Lee, chief analyst of Bitget Research, said Bitcoin ended more than $ 85,000 this week to signal the robber and “prevents $ 76,000.” LEE added that more than $ 87,000 will confirm more clearer.
The tariff war has shaken both traditional markets and Cryptocurrency markets over the last few days. Nansen Research Analyst Nicolai SONDERGAARD believes that the market can be pressure until April 2. Speaking of Chainrection Daily X Show of Cointelewraph, SONDERGAARD said that it could act as the largest driver at this moment when tariffs fell.
Encryption market data every day. source: Coin 360
Analysts keep strength in the long run, but some expect short -term decline. Market analyst and author, Timothy Peterson, analyzed the reduction in the previous bear market, saying that the bear market should last for 90 days, according to X’s post. Analyst said, “We expect 20-40% rally after April 15th.
Bitcoin can help you draw some altcoins when you start continuous recovery. What is the best cryptocurrency that looks strong on the chart?
Bitcoin price analysis
Bitcoin is struggling to increase and maintain the index moving average ($ 85,246) on the 20th, but the positive signs are that the bull has no basis for bears.
BTC/USDT daily chart. Source: COINTELEGRAPH/TradingView
This increases the possibility of rest than EMA on the 20th. In this case, the BTC/USDT pair can rise to $ 95,000 after rising to 50 days SMA ($ 90,469).
On the contrary, if the price is rejected by the EMA on the 20th and destroyed for less than $ 81,000, it suggests that the bull has given up. It can sink at $ 80,000 for $ 76,606. Buyers are expected to defend $ 76,606. This is because the rest below can intensify. There is strong support of $ 73,777, but if the level drops, the next stop can be $ 67,000.
BTC/USDT 4 hours chart. Source: COINTELEGRAPH/TradingView
Both moving average is flat, but the relative strength index (RSI) has increased to the positive area. It suggests that the driving force of the strength is being picked up. The first sign of power is over $ 87,500. It can open the door and rise to $ 92,500 and will later open to $ 95,000 later.
This will be tilted to the bear during the break and it will end at less than $ 80,000. It can sink in a solid support for $ 76,606.
Toncoin price analysis
Toncoin (TON) was lowered on March 20 at a $ 4 level, but the bulls were higher than the moving average.
Tone/USDT daily chart. Source: COINTELEGRAPH/TradingView
The moving average is just before the crossover, and the RSI jumped into a quantity zone. It improves the view of more than $ 4 rest. In this case, the ton/USDT pairs can increase to $ 5.
This positive view is in the short term if the price drops and destroys it below the 20th EMA ($ 3.39). It can pull the pair to $ 2.81 and get a solid support of $ 2.73.
Tone/USDT 4 hours chart. Source: COINTELEGRAPH/TradingView
This pair is supported by 20-EMA on a four-hour chart and indicates that the bull is buying a dip. But the bear will not give up easily. They will violently defend the $ 3.80 ~ $ 4 overhead area. The seller is ordered again at a break and closes to less than $ 3.28. It can fall to $ 2.90.
Rising and getting more than $ 4, the buyer shows the benefits. $ 4.14 has some resistance, but it’s likely to cross. The pair can run to $ 4.67.
Snowfall price analysis
Avalanche (Avax) has a strong decline, but the positive radiation of RSI suggests that weakness can weaken.
Avax/USDT daily chart. Source: COINTELEGRAPH/TradingView
Avax/USDT pairs are obsessed with EMA ($ 19.76) on the 20th to increase the possibility of breakout. In such cases, the pairs can be climbed from 50 days to SMA ($ 22.41), which can be climbed from $ 25.12 to $ 27.23. This movement suggests that the decline may end.
On the other hand, the price can be rejected by EMA on the 20th and resumed at a lower price than the $ 15.27 support. This can extend the drop to $ 11.
Avax/USDT 4 hours chart. Source: COINTELEGRAPH/TradingView
This pair was traded in a four -hour chart within a narrow range between $ 20.10 to $ 18.12. 20-EMA is trying to climb up, RSI is on a positive territory and offers some advantages to the bull. If the price is over $ 20.10, the pair can go up to $ 21.20 and go up to $ 22.50.
Or if the price falls and destroys below $ 18.12, the bear tries to maintain control. The pair is $ 16.95, which can eventually fall to $ 15.27.
relevant: Why is the Bitcoin price fixed?
Analysis of nearby protocol prices
The nearest protocol (nearby) showed a strong decline, but shows the initial signs of starting reversal.
Nearby/USDT daily chart. Source: COINTELEGRAPH/TradingView
The positive divergence of the RSI suggests that the bear is losing the grip. The 50 -day SMA ($ 3.05) rest and finishes were able to open the rally to $ 3.65 by strengthening the bull. The seller is expected to actively defend the level of $ 3.65, but if the Bulls prevail, the/USDT pairs can rise to $ 5.
On the contrary, if the price drops and destroys below $ 2.48, the bear can continue to control. Then this pair was $ 2.14 to fall to a solid support.
Nearby/USDT 4 hours chart. Source: COINTELEGRAPH/TradingView
The four-hour chart is traded more than 20-EMA, indicating that the bull is maintaining its position when the bull is expected to have a higher leg. A break over $ 2.83 can be moved to $ 3.25. The seller is expected to defend the $ 3.25 level, but if the Bulls resist, the next stop can be $ 3.65.
This optimistic view is invalid in the short term if the price falls and is lower than the moving average. The pair can be reduced to $ 2.48, then to $ 2.34.
OKB price analysis
OKB (OKB) is trading inside the channel pattern, and it is purchased near the support line and indicates sales close to the resistance line.
OKB/USDT Maeil Chart. Source: COINTELEGRAPH/TradingView
The OKB/USDT pair was broken up on March 14 at EMA ($ 48.39) on March 14, and this pair can be lowered to EMA on the 20th, facing sales near $ 54. The shallow fullback suggests that the bull does not rush to the exit, but increases the possibility of a rally on the resistance line.
Contrary to this assumption, the price continues to be low, indicating that the bear is activated at a higher level when it falls below 50 days SMA ($ 47.56). Then the pair can fall to $ 45.
OKB/USDT 4 hours chart. Source: COINTELEGRAPH/TradingView
The seller wants to withdraw the price of 50-SMA or less on the 4-hour chart. If they succeed, they can weaken the strength of the strong. It has support for $ 48, but if the level collapses, the pair can fall to $ 45.
Instead, in 50-SMA, the hard bounce suggests that emotions remain positively and the bull is buying dip. The UP MOVE can be resumed to more than $ 54 and can be opened for a rally on the resistance line.
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.