BTC, ETH, XRP, BNB, SOL, DOGE, ADA, LTC, LINK, AVAX

bitcoin (btc) fell about $ 78,000 on February 28, but the lowest levels attracted a solid purchase for the Bulls. The founder and CEO of Cryptoquant, Ki Young Ju, said in an x publication that selling after a 30% correction could be a “rookie” error since bitcoin rose to a new historical maximum after falling 53% in 2021.

The selected whales seem to be building a position during the fall. A bitcoin whale, known as “Spoofy”, bought 4,000 bitcoin worth approximately $ 344 million when the price was between $ 82,000 and $ 85,000. The cryptographic analyst Saint Pump said in x that Spoofy builds his position “extremely slowly” and can buy more if the markets fall further.

The current correction has not deteriorate the long -term view of Standard Chartered. In a CNBC interview, Standard's digital asset research chief, Geoffrey Kendrick, said bitcoin could recover at $ 200,000 this year and get $ 500,000 before President Trump ends his second mandate.

Could bitcoin start a recovery, raising the altcoins? Let's analyze the graphics of the 10 main cryptocurrencies to find out.

bitcoin pricing analysis

bitcoin closed below the $ 85,000 support on February 26, and the Bears successfully defended the level on February 27.

Sellers tried to sink the btc/USDT par at $ 73,777, but the Bulls bought the fall at $ 78,258 on February 28. Buyers will try to push the price above the resistance zone from $ 85,000 to $ 90,000. If they manage to do that, it will suggest that a short -term background may be in place.

On the contrary, if the price is sharply reduced from the area of ​​resistance to general expenses, it indicates the sale in each minor rally. The couple could descend to the life support at $ 73,777, where buyers are expected to intervene.

Ether Price Analysis

Ethher (eth) recovered the support of $ 2,111, indicating that bulls are trying to maintain the price within the large range.

The Bulls will try to stretch the recovery at the EMA of 20 days ($ 2,611) and then to the bold trend line. Sellers are expected to aggressively defend the boldness line of trend. If the price is reduced from the resistance to general expenses, the eth/USDT torque could re -test the level of $ 2,111. If this support is broken, the torque can sink at $ 2,000 and later at $ 1,900.

Contrary to this assumption, a break and a closure above the lower trend line suggests that the bears are losing their grip. The couple could reach the 50 -day SMA ($ 2,932).

XRP price analysis

XRP (XRP) rejected from the support line of the symmetrical triangle pattern on February 26, suggesting that bears have turned the level in resistance.

The XRP/USDT pair fell below the $ 2.06 support on February 28, but the bears could not maintain the lowest levels. Buyers will try to exceed the price above 20 days. If they can achieve it, it will indicate that the Bulls are back in the game.

On the contrary, if the price is reduced from the EMA of 20 days, it will suggest that the bears remain active at higher levels. That increases the possibility of a fall to crucial support by $ 1.77.

BNB price analysis

BNB (BNB) recovered the support about $ 557, indicating that the Bulls are trying to defend the level.

The BNB/USDT pair will try a relief rally, which is expected to face a strong sale of 20 days ($ 634). If the price is abruptly reduced from the 20 -day EMA, the probability of a break below $ 557 increases. If that happens, the pair could collapse at $ 500. Buyers are expected to defend the area between $ 460 and $ 500 fiercely.

On the positive side, a break and closing above the 20 -day EMA suggests that the sale pressure is being reduced. The couple could reach the 50 -day SMA ($ 656).

Solana Price Analysis

Solana (Sol) fell below the $ 133 support on February 28, but the long tail in the candlestick shows solid purchases at the lowest levels.

There is a lower resistance to $ 147, but it is likely to cross. If the price is maintained above $ 147, the Sun/USDT torque could reach the 20 -day EMA ($ 169). Sellers are expected to present a strong challenge in the 20 -day EMA, but if the Bulls prevail, the couple could extend their recovery to the 50 -day SMA ($ 201).

This optimistic view will be denied if the price is reduced and breaks below $ 125. The couple could plumn up $ 110.

Dogecoin pricing analysis

Buyers could not push Dogecoin (Doge) on the support line, suggesting that bears have turned the level in resistance.

The sale resumed on February 28, and the Bears will try to sink the price at $ 0.15. However, the RSI has gotten into the overall area, which suggests that a relief rally could be just around the corner. Buyers will have to press and maintain the Dogado/USDT pair above the 20 -day EMA ($ 0.24) to start a sustained recovery.

The lack of boosting the price above 20 days increases the risk of a drop to $ 0.13 and then to $ 0.10.

Cardano Price Analysis

Cardano (ADA) is witnessing a hard battle between the Bulls and the Bears in the support line of the Descendant Canal.

If the price is maintained under the support line, the sale could resume, and the ada/USDT torque can fall to $ 0.50. Buyers are expected to defend the level of $ 0.50 with all their power because a closure below could sink the torque to $ 0.33.

If the price appears from the support line, the torque could reach 20 days (0.73). This is a vital resistance on the head to take into account because a break above it suggests that the torque can remain inside the channel for a longer time.

Related: bitcoin Price Metric Hits' Optimal Dca Zone is not seen since btc quoted at $ 50K at a $ 70K range

Litecoin pricing analysis

Litecoin (LTC) has been oscillating inside a symmetrical triangle pattern, indicating indecision between bulls and bears.

The EMA of 20 days ($ 122) is overwhelming, and the RSI is just above the midpoint, indicating a balance between supply and demand. If the price is maintained above the 20 -day EMA, the Bulls will try to push the PAR LTC/USDT above the resistance line. If they succeed, the couple could meet $ 147.

On the contrary, a break below the 50 -day SMA ($ 117) opens the doors for a fall in the support line. If this level yields, the torque could immerse yourself in $ 80.

Chainlink Price Analysis

The bulls failure to begin a strong recovery of the support line triggered another round of sale of the bears in Chainlink (link).

If the price is maintained under the support line, the sale could accelerate, and the Link/USDT torque could fall to $ 12.71 and, subsequently, to $ 10.

If buyers want to avoid the disadvantage, they will have to quickly push the price above $ 16. The couple could reach the 20 -day EMA ($ 17.42), which probably acts as a rigid resistance. Buyers will have to exceed the price above the EMA of 20 days to suggest that the break below the support line may have been a trap for bears.

Avalanche pricing analysis

Avalanche (Avax) tried to exceed the breakdown level of $ 22.35 on February 27, but the Bears remained firm.

The Bears resumed the sale on February 28. If the price breaks and remains below $ 20, the AVAX/USDT torque could re -test the solid support at $ 17.29. This is an important level to take into account because a break under can sink the torque to $ 15.

Time is running out for the bulls. They will have to press and maintain the price above the EMA of 20 days ($ 24.55) to start a recovery. The couple can increase to $ 27.50, which is expected to act again as a resistance.

This article does not contain advice or investment recommendations. Each investment and trade movement implies risk, and readers must carry out their own investigation by making a decision.