The price of Bitcoin (BTC) maintained more than $ 80,000 as volatility was wrapped in the US stock market on April 3 and April 4. The lack of the bear’s opportunity shows that there is a lack of sales at a low level.
Dangerous assets surged after US President Donald Trump announced mutual tariffs in several countries on April 2. After China announced 34%of retaliation tariffs on all US products imported from April 10, the US market fell on April 4.
Some market participants are concerned about the short -term impact of tariffs, but Arthur Hayes, the co -founder of Bitmex, likes tariffs because they expect to be positive for Bitcoin and gold in the middle.
Encryption market data every day. source: Coin 360
In more careful aspects, the market arguments, Byzantine General, will be limited due to the tariffs that can rise in the Cryptocurrency market in X’s posts.
Capriole Investments founder Charles Edwards said in his analysis that Bitcoin would change optimism at rest. Otherwise, we expect Bitcoin to fall to $ 71,000.
Can Bitcoin maintain more than $ 80,000? Will Altcoins collapse? Let’s analyze the charts of the top 10 cryptocurrencies.
Bitcoin price analysis
Bitcoin climbed on the resistance line on April 2, but the long wick of the candlestick shows a solid sales at a higher level. The price was rapidly lowered and lower than the 20 -day index moving average ($ 84,483).
BTC/USDT daily chart. Source: COINTELEGRAPH/TradingView
Bears will calm down the price of $ 80,000 or less to strengthen his position. If they do so, the BTC/USDT pair can resume the lowest $ 76,606 on March 11. Buyers are expected to defend this level with all the power because they can take a pair of $ 73,777 if they take less than $ 76,606.
The important resistance to be careful backwards is $ 88,500. This level of rest and finish indicates that the correction stage may end. Then the pair was able to start traveling to $ 95,000.
Ether price analysis
ETHER (ETH) has been traded between $ 1,754 and EMA ($ 1,928) over the last few days.
ETH/USDT daily chart. Source: COINTELEGRAPH/TradingView
This is more likely to rest and close to less than $ 1,754. If the seller can be selected, the ETH/USDT pairs can start the next leg of the downturn with $ 1,550.
The minor positive positive for bulls is that the relative robbery index (RSI) has formed a positive divergence. It suggests that weakness can weaken. If the price rebounds at $ 1,754, you can sell it on the 20th EMA. But if a buyer overcomes obstacles, the pair can rally $ 2,111. The short -term trend reversal receives a signal for more than $ 2,111.
XRP price analysis
XRP (XRP) Bears successfully defended EMA ($ 2.23) on April 2 and set the price to Pricial Support for $ 2.
XRP/USDT daily chart. Source: COINTELEGRAPH/TradingView
Down Splooft 20 EMA and less than 44 RSIs increase the risk of rest to less than $ 2. In this case, the XRP/USDT pairs complete the weak head and the shoulder pattern. This pair is supported for $ 1.77, but if the level is turned off, the drop can be extended to $ 1.27.
The buyer is about to go uphill to prevent breakdown. They need to quickly push the price of more than 50 days ($ 2.37) to 50 days to organize the rally rally path to the resistance line.
BNB price analysis
BNB (BNB) bulls are sold at a higher level because they have not pushed back the price over the last few days.
BNB/USDT daily chart. Source: COINTELEGRAPH/TradingView
The average moving average began to collapse, the RSI is in the sound area and represents a slight advantage to the bear. It is supported at 50% fibonacci return level of $ 575, at 61.8% of $ 559.
Conversely, the bull must push and keep the price of more than 50 days of SMA ($ 614) to announce the comeback. The BNB/USDT pair can rise to $ 644, which is an important overhead resistance to be careful. If the buyer overcomes the barrier for $ 644, the pair can be moved to $ 686.
Solana price analysis
Solana (SOL) rose more than 20 EMA ($ 128) on April 2, but Bears sold at a higher level and lowered the price lower than $ 120.
SOL/USDT daily chart. Source: COINTELEGRAPH/TradingView
The downward moving average and the RSI of the negative territory increase the risk of relaxation of less than $ 110. In this case, sales may be strengthened, and the SOL/USDT pairs may drop to $ 100, then to $ 80.
The bull is likely to not give up easily and will try to keep the pairs within the $ 110 ~ $ 260 range. Buyers must push more than $ 147 to keep the price of more than $ 147 to suggest that sales pressure is decreasing. Then the pair can go up to $ 180.
Dogecoin price analysis
Dogecoin (DOGE) has prevented Bulls’s attempt to promote the price of EMA ($ 0.17) on the 20th on April 2.
Doge/USDT Daily Chart. Source: COINTELEGRAPH/TradingView
A positive sign for the bull is that the price has not slipped under $ 0.16 support. For more than 20 days, rest can be promoted to 50 days SMA ($ 0.19). The buyer must overcome the 50 -day SMA and start the rally at $ 0.24 and later start at $ 0.29.
Or if the price refuses from the moving average and destroyed less than $ 0.16, the path that falls to $ 0.14 is removed. Buyers are expected to violently defend $ 0.14 support. The rest below is because the Doge/USDT pairs can be reduced to $ 0.10.
Cardano price analysis
Cardano (ADA) was drastically lowered from EMA ($ 0.69) on April 20 and finished under the upward trend line.
ADA/USDT daily chart. Source: COINTELEGRAPH/TradingView
Bulls is trying to push the price back than the rise trend line, but it is likely to face solid sales in EMA on the 20th. If the price falls from the overhead resistance, the ADA/USDT pair can be lowered to $ 0.58 and then down to $ 0.50.
This negative view will rise rapidly in the short term if the price rises sharply and exceeds 50 days SMA ($ 0.74). It can open the Rally to $ 0.84 to attract the seller.
relevant: Altcoins is set for the last Big Rally, but only a few benefits.
Toncoin price analysis
Toncoin (TON), which did not maintain more than $ 4.14 resistance on April 1, may have been tempted by short -term traders to book profits.
Tone/USDT daily chart. Source: COINTELEGRAPH/TradingView
The ton/USDT pair went down on the 20th of April 20, indicating that the optimistic propulsion is weakening. There is a support of $ 3.32, but if the level is cracked, the pair may drop to $ 2.81.
Instead, if the price rebounds at $ 3.32, the pair can try to form a range in the short term. The pair can swing between $ 3.32 and $ 4.14 for a while. More than $ 4.14 breaks and finishes will be informed that the decline may end. Then the pair was able to jump to $ 5.
One lion price analysis
Unus SED Leo (Leo) Bears raised the price below the rising line on March 2, but could not maintain a low level. It suggests purchases at a low level.
Leo/USD every day chart. Source: COINTELEGRAPH/TradingView
On the 20th, EMA ($ 9.57) gradually refuses, and RSI is in the voice zone and shows some advantages to the bear. If the price falls from the moving average, Bears tries to calm down the Leo/USD pairs below $ 8.84. If they succeed, the pair can fall to $ 8.
Conversely, the moving average interruption opens the door to rise to an overhead resistance of $ 9.90. If the buyer smokes $ 9.90, the pair will complete the optimistic upward triangle pattern. Then the pair can then go up to the goal of $ 12.04.
Chain Link price analysis
On March 2, at the EMA ($ 13.98), the chain link (link) once again represents a bear sold in the rally.
Link/USDT daily chart. Source: COINTELEGRAPH/TradingView
Link/USDT pairs have strong support in the area of $ 12 and have a support line with a channel pattern. The rebound of the support area must be higher than the moving average to inform the strong recovery of $ 17.50.
Sellers are likely to have different plans. They will try to pick the price under the support line. If they can pick it up, the pair can expand the decline to an important support for $ 10, to $ 8.
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.