Bitcoin, Eth, XRP, Sol, Ada Graphics in relation to us CRIPTO Rumor Reserves – which for trade?

Cryptocurrency community is sharply waiting with a crypto white home house summit 7. Marta, which is expected to provide more details about Planned announced CRIPTO Reserve American President Donald Trump 2. March.

Although the initial announcement included Bitcoin (Btc), Ether (El), XRP (XRP), Solana (Salt) and Cardano (Ada), A few critics, knocked the idea of ​​adding centralized Altcoyne next to Bitcoin in the reserve. American Secretary Hovard Lunnick clarified in an interview with Pavlovic today Bitcoin will probably have a special status In the National Crypt’s Reserve.

The Matt Hougan’s main investment officer said in the march market to note that the American crypt reserve “will be almost completely Bitcoin, and it will be higher than people think.” It added that Similar announcements in other countries He will probably follow American CRIPTO reserve.

Criptocurrencies are proposed to be included in the CRIPTO Reserve after the announcement, but then returned a large part of its winnings. Their weekly tickets were analyzed to avoid almost the notion of noise. This will help understand the levels on which movement in Trendy begins.

Bitcoin price analysis

Bitcoin price refused from recent sales and a positive sign that the bulls did not allow the price to close below the 20-week exponential average ($ 90,664). This shows that the bulls are active at lower levels.

The bull will try to strengthen their position by pressing the price above the psychological barrier to $ 100,000. If they succeed in doing so, they will clear the way to reset all times to $ 109,588. The sellers will try to defend the level of $ 109,588, but if the bulls prevail, the BTC / USDT Couple could increase to $ 138,000.

Contrary to this assumption, if the price fails to hold over $ 100,000, suggests that bears try to form lower high. The couple could then go down to a 50-week simple average movement ($ 75,543).

Ether price analysis

Ether formed a large range between $ 2,111 and $ 4.094. The price recently slipped below $ 2,000, but a long tail on fresh shows the purchase at lower levels.

A weak jump from $ 2,111 level suggests that the request is drained. This increases the risk of breaking down below $ 2,1111. If this happens, it will indicate that the ET / USDT pair could take over at almost time. The couple can run a reduction to $ 1,500 and then to $ 1,075.

Customers will have to push and maintain the price above average average to signal that the action related to the range still intact. The pair can climb the top of the range to $ 4.094. This is a critical directional resistance to the bears to defend because it could clear the road for rally to $ 4,868 and eventually to the target of $ 6,077.

XRP price analysis

XRP consolidated in Postkrind. After the vertical set, the price mainly takes breathing before starting the next movement in the trendy.

The XRP / USDT Couple oscillates between 2 and $ 3 a few weeks, indicating a difficult battle between bulls and bears. The sellers defend the overhead resistance while the bulls are purchasing near support. The longer the price remains within the range, the stronger possible break from it.

The break and proximity above $ 3 will be the first indicator that the range has solved in favor of the bull. It opens the door for a possible set to $ 4 and then $ 5. Instead, if the price turns off and breaks below $ 2, it will indicate that the couple at the top was extracted in the medium term. This increases the risk of falling to $ 1.50.

Related: Will Bitcoin Price to Crash Again?

Solan price analysis

Solana made a new all-time in January 19th. January, but it turned out to be a bike trap. The price has been in a solid correction since then, indicating sales by traders.

The bulls are expected to defend the support zone from $ 120 to $ 110 hard. If they succeed, it will suggest that $ 110 is a new floor. However, the bears will probably not give up easily. They will sell at rallies at the 20-week Emma ($ 190). If the price takes place from 20-week Emma, ​​the couple can fall to $ 110 and swing between these two levels a few weeks. Pause and proximity below $ 110 could sink a couple to $ 80.

The first sign of power will be a break and close to the 20-week ema. There is resistance to $ 205, but it will probably be violated. If this happens, Sol / USDT Couple could be RAH to $ 260, where bears are expected to mount a strong defense. Customers will have to achieve strongly closing above $ 260 to signal the beginning of a new postrend.

CARDANO CONCERNALY

Cardano is hooked below level 1.25 dollars from the beginning of 2022. years, but little positive is that the bulls try to return.

If customers run the price above $ 1.25, the Ada / USDT couple could pick up the momentum. Usually, when the price breaks down from a large-based formation, it leads to strong ascent. The couple can face minor resistance to $ 1.64, but they will probably be violated. The couple could climb to $ 2.38.

Alternatively, if the price remains below $ 1.25, choose short-term traders who may have purchased at lower levels so they can be tempted to book profit. It could pull the price up to 50-week SMA ($ 0.59), which requires support for the passenger. If the price jumps with 50-week SMA power, the bull will try to push the couple to $ 1.25. The couple can stay in the mood between 50-week SMA and $ 1.25 for a while.

This article does not contain investment advice or recommendations. Any investment and trade of trading involves risk, and readers should conduct their own research when making a decision.