NEWSLETTER
This week, we examine ethereum, Ripple, Cardano, Binance Coin and Toncoin in greater detail.
ethereum (eth)
Earlier this week, ethereum had a good attempt at a help rally, but the bullish impulse soon stopped when the price reached $ 2,000. The sellers returned there and pushed eth to a setback, closing with a loss of 3%.
The fact that the price could not keep above $ 2,000 means that bears still have control at the time of this publication. They can also try to break the key support at $ 1,800 below.
Looking towards the future, ethereum remains in a bassist trend. The price failed to make a high or higher low, and a reorganization of the key support seems likely. Buyers have to defend $ 1,800 if they want to avoid lower price levels.
Vibe (XRP)
XRP is on a ship similar to ethereum. His recent relief rally exceeded $ 2.6 before sellers returned to push the price to a setback, so XRP fell by 7% in the weekly period.
The most important support in the graph is $ 2, where buyers always return to make a position. XRP can soon be found in a difficult position, since this level has already been tested seven times, and every new attempt is an opportunity for sellers to break it.
Looking towards the future, XRP seems weak at the time of this publication and seems unable to address the pressure of the vendors. With luck, buyers will return to $ 2 since the alternative is a quick drop to $ 1.6 after that.
Cardano (there)
Ada has moved sideways during the last three weeks with the price stuck in a narrow range. That is why the week also closed with a 1.5%loss. While this is not significant, this consolidation period can anticipate a larger movement later.
The most important support is $ 0.64, and the key resistance is $ 0.9. If Ada buyers remain absent, then the support can be pressed soon. If it is not maintained, then the bulls will probably be removed at the next support level at $ 0.5.
Looking towards the future, Cardano is not giving clear clues about where he plans to move next. It is better to wait for the price to choose a clear address before considering its next movement.
Binance currency (BNB)
Binance Coin managed to stay stable, and its price is similar to last week. Taking into account that other alternatives are in red, BNB did well and managed to stay above $ 600, which is a key support level.
The current resistance is at $ 700. While buyers keep BNB above $ 600, there is a good possibility that this cryptocurrency can prove the key resistance in the future.
Looking towards the future, BNB looks stronger than most Altcoins and has been consolidating around $ 600 since April 2024. Eventually, the price will leave this range, with a hard luck to test the AH at $ 794.
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Tonore (tone)
Toncoin is the only cryptocurrency in our list that closed the week in green with an increase in the price of 10%. This is impressive considering that most alternatives are in red at this time.
This yield occurs after buyers broke the resistance at $ 3.75 and turned it into key support. During its rally, Ton reached $ 4, and the next key resistance is at $ 4.62.
Looking towards the future, Tancoin could continue his rally, but it is unlikely to hold him if the general market is still something bassist. It is better to be cautious when the price is greater than $ 4, since Ton could also enter a setback.
Price analysis after crypto-March 28: eth, XRP, ADA, BNB and Ton appeared first in Cryptopotate.
(Tagstotranslate) Binance Coin (BNB) Cardan
