US President Donald Trump announced that Bitcoin, Ether (ETH), XRP (XRP), Solana (SOL) and Cardano (ADA) were included in the encryption strategic protection area, and Bitcoin (BTC) witnessed a solid purchase over the weekend. The announcement pumped the selected coins in large quantities and risked a new position after the rally. The coin of this article was chosen to set up technology instead of Trump -based pumps.
According to the Bloomberg Report, according to the Bloomberg Report, according to the Bloomberg Report, according to the Bloomberg Report, according to the Bloomberg report, according to the Bloomberg report, according to the Bloomberg report, according to the Bloomberg report According to the Bloomberg Report, according to the Bloomberg Report, according to the Bloomberg Report, according to the Bloomberg report, according to the Bloomberg report, according to the Bloomberg report, a new demand for Bitcoin according to the Bloomberg report I said it could. Global investment firms add 1% to 2% allocation to portfolios that allow alternative assets. This movement opens up the potential new demand for Bitcoin ETF.
Encryption market data every day. source: Coin 360
But some analysts believe that Bitcoin can witness more pain in the short term. They expected that Bitcoin would fall near $ 70,000 before Bitcoin started the next leg of BULL MOVE. Nexo Dispatch Analyst ILIYYA KALCHEV told Cointelegraph that Bitcoin said, “You can establish a company support from $ 72,000 to $ 80,000.”
Can Bitcoin have more than $ 90,000? In this case, select Altcoins in addition to the selection for Crypto Strategic Reserves. You can find a buyer. Let’s look at the top Cryptocurrencies that look strong on the chart.
Bitcoin price analysis
Bitcoin reaches an aggressive purchase at a lower level, reaching an index moving average ($ 92,366) on the 20th.
BTC/USDT daily chart. Source: COINTELEGRAPH/TradingView
The seller is trying to stop the relief rally on the 20th EMA. If the price drops in EMA on the 20th, the BTC/USDT pair can fall to $ 85,000, which is important to be careful.
If the price rebounds from $ 85,000, it can rise from EMA for 20 days. Then the pair can be gathered at a simple 50 -day moving average ($ 97,704). Such movements will inform you that the pair may have touched the floor in the short term.
To keep the bear, the price must be pulled quickly to less than $ 83,000. If they do so, the pairs can resume important $ 78,258 support.
BTC/USDT 4 hours chart. Source: COINTELEGRAPH/TradingView
The 20-EMA started to start a four-hour chart, and the relative strength index (RSI) jumped into the excess zone, indicating that the bull is returning. If the price remains more than $ 90,000, the pair can go up to $ 96,000 and can be $ 100,000.
The first sign of the weakness is to rest lower than the 50 flat -surface moving average. It can sink the pair 20-EMA, which can attract the buyer. The bear will return to the driver’s seat by pulling the pair below $ 83,000.
HEDERA price analysis
HEDERA (HBAR) rose to EMA ($ 0.22) or more on the 20th and reached SMA ($ 0.26) on March 1st.
HBAR/USDT daily chart. Source: COINTELEGRAPH/TradingView
The 20th EMA is an important support to be careful in the decline. If the price rebounds in the EMA for 20 days, it will make a change in emotions from rally sales to deep purchases. Bulls again wants to promote HBAR/USDT pairs above the 50 -day SMA. If they can pick it, the pair can rise to $ 0.32.
On the contrary, it suggests that the bear remains as a seller in the rally, under the EMA of less than 20 days. The pair can hit $ 0.18, where the bull tries to arrest a decline.
HBAR/USDT 4 hours chart. Source: COINTELEGRAPH/TradingView
This pair was rejected for $ 0.26, but it is likely to be supported in 20-EMA on a 4-hour chart. If the price rebounds at 20-EMA, it will signal a deep purchase. This improves the prospects of the rally to $ 0.28.
Instead, if the price continues to be lowered and destroyed below 20-EMA, it suggests that the bull is losing the grip. This pair can fall to 50-SMA, which can act as a strong support.
Lighting price analysis
Litecoin (LTC) is traded in a symmetry triangle pattern, indicating the uncertainty between the buyer and the seller.
LTC/USDT daily chart. Source: COINTELEGRAPH/TradingView
The RSI near the 20 -day EMA ($ 122) and Midpoint does not provide clear advantages to bulls or bears. If the price rises above the EMA for 20 days, Bulls will try to push the LTC/USDT pair above the resistance line. If they succeed, the pairs can rise to $ 147.
On the contrary, it suggests that the short -term advantage is that the short -term advantage is in favor of bears. The pair can slide with the support line.
LTC/USDT 4 hours chart. Source: COINTELEGRAPH/TradingView
The pair fell below the average on the four -hour chart and indicates that the bear is responsible. If the price is lower than the moving average, the pair can be lowered to $ 114 and then down to the support line.
The buyer must open the door to increase the price and maintain the price to $ 132 by the resistance line. After the price is closed than the resistance line, karma can increase the driving force.
relevant: What happened in Crypto today is:
Monero price analysis
Monero (XMR) popped out of $ 205 and rose from the moving average, signaling solid purchases in Deep.
XMR/USDT daily chart. Source: COINTELEGRAPH/TradingView
The RSI near the 20 -day EMA ($ 224) and Midpoint suggests that the XMR/USDT pairs can swing between $ 205 and $ 245 for several days. If the price remains more than 20 days EMA, the pair can resume $ 245 resistance.
On the contrary, if the buyer does not maintain the price than the moving average, there will be a higher demand at a higher level. Then the bear must lower the price to $ 205.
XMR/USDT 4 hours chart. Source: COINTELEGRAPH/TradingView
The 20-EMA began to start a four-hour chart, and the RSI is in a positive area and represents the benefits to the buyer. The pair is expected to rise to $ 238, and bears are expected to come in.
In the disadvantages, it suggests that the bear has returned to the game when it is closed under 20-EMA. The pair can slip to $ 216, and if there is a crack of this level, the next stop can be a solid support of $ 205.
Celestia price analysis
CELESTIA (TIA) is higher than the moving average and the bull is trying to maintain the price of a failure of $ 4.14 or higher.
TIA/USDT daily chart. Source: COINTELEGRAPH/TradingView
If they do that, they will signal that the market has refused to break down. There’s a little resistance for $ 4.50, but if you are over level, the TIA/USDT pairs can go up to $ 5.50. The seller is expected to actively defend the $ 5.50 level.
This positive view is in the short term if the price drops and the 20th EMA ($ 3.66) is destroyed. It can sink pair for $ 3, then $ 2.72. This movement suggests that bears have reversed the $ 4.14 level with resistance.
TIA/USDT 4 hours chart. Source: COINTELEGRAPH/TradingView
Both moving average began to start, and RSI is in a positive area of a four -hour chart and shows benefits to the buyer. The first sign of the weakness is rest and closes under the moving average. If this happens, the pair can fall to $ 3.40 and later $ 3.
To keep the buyer, you need to defend 20-EMA and quickly push the price to $ 4.31 or more. The $ 4.50 level can be found to be a stiff resistance, but if you overcome the buyer’s guy, the pair can jump to $ 5.
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.