NEWSLETTER
This week, we examine ethereum, Ripple, Cardano, Binance Coin and Toncoin in greater detail.
ethereum (eth)
For the first time in more than three weeks, ethereum closes the last seven days in green with almost a profit of 4%. This occurs after the price bounced in the key support of $ 1,800 and briefly checked $ 2,000.
However, at the time of this publication, the price fell below $ 2,000, since it entered a setback. While this is normal after their recent rebound, it is essential that buyers push eth over this key level if they expect to reverse the current descending trend.
Looking towards the future, ethereum must do everything possible to avoid lower minimums. With luck, Bulls will be consolidated around current levels before trying to recover losses since December 2024.
Vibe (XRP)
XRP closes another week in green with a price increase of 4.5%. This yield allowed the asset to reach almost $ 2.6 before the current setback. If this upward impulse continues, buyers could see that XRP approaches the key resistance at $ 3.
While the recent price action seems promising, at the macro level, XRP continues in a period of consolidation characterized by a flat trend. For the price to enter a rally, the resistance to $ 3 must be broken.
Looking towards the future, XRP seems to be building its confidence in breaking the key resistance. The real test will come once the price is approaching $ 3. At that time, sellers could return.
Cardano (there)
Ada continues to move sideways, with prices similar to last week. A look at the weekly table shows that the asset barely moved, with volatility below 2%. This compression could eventually lead to a great break.
Impulse and volume indicators are still something low, but provided that the key support of $ 0.64 is maintained, buyers have a good opportunity to recover control and push Ada to an upward trend. The resistance is $ 0.9.
Looking towards the future, Cardano is at a crossroads. The lack of volatility indicates indecision among market participants, but it is unlikely that this will last, and the price could soon choose an address.
Binance currency (BNB)
Binance Coin is one of the best results this week, with an increase in the price of 9%. This is impressive and allowed the asset to move above $ 600, which currently acts as a key support.
If the rally continues, BNB will face resistance to $ 650 and $ 700. These levels have attracted sellers in the past, and this could be repeated unless buyers can exceed any sale pressure.
Looking towards the future, BNB is well positioned to make higher maximums in the next few days. Observe key resistance levels to obtain signs of weakness. If the vendors return, this cryptocurrency could enter a setback.
-
Tonore (tone)
Tancoin surprised the market with an impressive 32% increase this week after its price found good support for $ 2.5. Buyers entered into force there, and managed to erase the losses of early March.
However, the asset reached the resistance of $ 2.75, where sellers began to appear and managed to stop the current rally, at least for now. If Ton hopes to continue his ascent, he will soon have to break above this level. Otherwise, Bears could push him to a longer setback.
Looking towards the future, Tancoin has a good opportunity to invalidate the bassist trend that began at the end of 2024. This can be achieved if the price makes resistance to $ 2.75 into a support in the future.
Price analysis after crypto-March 21: eth, XRP, ADA, BNB and Ton first appeared in Cryptopotate.
(Tagstotranslate) Binance Coin (BNB) Cardan
