SPX, DXY, BTC, ETH, XRP, BNB, SOL, DOGE, ADA, LINK

bitcoin (btc) increased 4.25% last week to close over $ 86,000, and the Bulls extended recovery above $ 88,700 on March 24. The founder of the 10x investigation, Markus Thielen, said in a March 23 report that bitcoin's reversion indicators had become positive, suggesting a “renewed trend.”

Buyers seem to be returning to markets. According to Sosovalue's data, the funds quoted in the stock market (ETF) (ETF) Spot of Us Spot witnessed net tickets of $ 744.4 million last week after registering five consecutive weeks of departures. However, Ether ETFS could not replicate a similar performance, since they witnessed a fourth successive week of net exits.

Analysts are divided on short -term price action for bitcoin. Selected analysts believe that bitcoin could have a significant resistance about $ 90,000, starting a setback at $ 80,000. On the contrary, the co -founder of Bitmex and investment director of Maelstrom, Arthur Hayes, said in an x publication that bitcoin will meet at $ 110,000 before it falls to $ 76,500.

Could bitcoin Bulls maintain the impulse and exceed the price above $ 90,000? Will the Altcoins follow bitcoin higher? Let's analyze the graphics to find out.

Price analysis of the S&P 500 index

The S&P 500 index (SPX) has increased to the 20 -day exponential mobile average (5,742), where the bears are expected to intervene.

If the price is reduced from the 20 -day EMA, the bears will try to drag the index below 5,670. If they succeed, the index can test the critical support zone between 5,600 and 5,500.

On the other hand, a closure above 20 days will be the first indication that the correction may be ending. The index will try to rise to the simple mobile average of 50 days (5,913).

American dollar index pricing analysis

The US dollar index (DXY) recovered level 103.37 on March 19, indicating that the Bulls are trying to form a floor.

The index could reach 20 days (104.59), which is an important level to take into account. If the index is abruptly reduced from the 20 -day EMA, the bears will try again to sink the price below 103.37. If they can achieve it, the index can collapse 102 and eventually 101.

On the contrary, a break and a closure above the 20 -day EMA suggests that the bears are losing their grip. The index could rise to the 105.42 breakdown level, which probably acts as a formidable barrier.

bitcoin pricing analysis

bitcoin broke above the 20 -day EMA ($ 85,572) on March 23, which suggests the beginning of a strong recovery.

The 20 -day EMA is flattening, and the RSI has risen to a positive territory, indicating a lower advantage for the Bulls. The relief rally is expected to face a strong resistance in the 50 -day SMA ($ 90,290). If the price is reduced from the 50 -day SMA but finds support in the 20 -day EMA, it will indicate a positive feeling. That increases the possibility of a rally to $ 95,000 and then to $ 100,000.

On the contrary, if the price is reduced from the 50 -day SMA and breaks below the 20 -day EMA, it will suggest that the bears remain active at higher levels. A fall below $ 83,000 could sink the btc/USDT par $ 80,000.

Ether Price Analysis

Ether (eth) bulls again try to conduct the price above 20 days ($ 2,057) and the breakdown level of $ 2,111.

If they manage to do that, it will indicate that the markets have rejected the breakdown below $ 2,111. The eth/USDT torque could meet with the 50 -day SMA ($ 2,356) and subsequently at $ 2,550.

Time is running out of bears. If you want to retain the advantage, they will have to defend the level of $ 2,111 and quickly remove the price below $ 1,750. That can resume the bearish trend towards the next support at $ 1,550.

XRP price analysis

XRP (XRP) appeared from the 20 -day EMA ($ 2.38) on March 23, indicating that bulls are using falls to buy.

The Bulls will try to exceed the price above $ 2.59. If they manage to do that, the XRP/USDT pair could rise to the resistance line, where sellers are expected to monitor a strong defense.

If the price is reduced from the resistance line but bounces in the 20 -day EMA, it will indicate a positive feeling. That improves the perspectives of a break above the resistance line. The couple can meet at $ 3.

Sellers will have to pull the price below $ 2.20 to take advantage of the control. That could clear the way for a new life support test at $ 2.

BNB price analysis

BNB (BNB) has bounced in mobile averages, indicating a change in feeling from the sale of demonstrations to buying in the falls.

If the price increases and breaks above $ 644, it will indicate the resumption of recovery. The BNB/USDT torque could amount to $ 686 and above it to crucial resistance to $ 745.

The 20 -day EMA ($ 613) is the strong support to take into account in the inconvenience. A break and close to the 20 -day EMA could weaken the bullish impulse. The torque can slide to the level of fibonacci decline of 38.2% of $ 591 and then at the level of 50% of $ 575.

Solana Price Analysis

Solana (Sol) broke above the 20 -day EMA ($ 135) on March 24, indicating that the Bulls are trying to return.

If the price is maintained above the 20 -day EMA, the Sun/USDT torque could increase to the 50 -day SMA ($ 158). Sellers will try to stop the rally in the 50 -day SMA, but if the bulls exceed the obstacle, the couple can increase by $ 180. That will put into play the large range of $ 110 to $ 260.

On the contrary, if the price is reduced from the current level or from the 50 -day SMA, it will suggest that the bears remain sellers in demonstrations. The bears will have to pull the price below the support zone from $ 120 to $ 110 to begin the next section of the bearish trend.

Related: How long will the bitcoin price consolidation last?

Dogecoin pricing analysis

Dogecoin (Doge) has increased above 20 days ($ 0.18), indicating that bulls have maintained the pressure.

If the price closes above the 20 -day EMA, the Dogado/USDT pair could rise to the 50 -day SMA ($ 0.21) and later at $ 0.24. Sellers are expected to defend the level, but if the bulls prevail, the couple could rise to $ 0.29.

On the contrary, if the price is reduced from the EMA of 20 days and breaks below $ 0.16, it will indicate that the bears remain active at higher levels. The pair can fall to critical support at $ 0.14.

Cardano Price Analysis

Cardano (ADA) has been operating between mobile averages and the bullish trend line in recent days.

The failure of the bears to sink the price to the line of bullish trend suggests a lack of sale at lower levels. Buyers will try to strengthen their position by pushing the price above mobile averages. If they do, the ada/USDT could increase to $ 0.84 and then to $ 1.02.

This positive view will be invalidated in the short term if the price is reduced from mobile averages and breaks below the bullish trend line. That could sink the torque at $ 0.58 and eventually at $ 0.50.

Chainlink Price Analysis

Chainlink (Link) has left the 20 -day EMA ($ 14.60) on March 24, indicating that the bearish trend could be finishing.

The Link/USDT torque could reach the 50 -day SMA ($ 16.34), which could act again as a rigid resistance. If the price is reduced from the 50 -day SMA, it is likely that the Tar will find support in the 20 -day EMA. If the price recovers from the 20 -day EMA, the probability of a demonstration at $ 19.25 increases.

If the bears want to avoid the rise, they will have to quickly get the price below $ 13.82. That can sink the torque to the channel support line about $ 12.

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.