Price analysis 3/14: BTC, ETH, XRP, BNB, SOL, ADA, DOGE, PI, LEO, LINK

3 hours ago

Bitcoin (BTC) has risen backmost supra the 200-day elemental moving mean ($83,754), indicating that the bulls are attempting a comeback. The nonaccomplishment of the bears to capitalize connected the driblet beneath the 200-day SMA shows that selling dries up astatine little levels.

However, Bitcoin whitethorn not beryllium retired of the woods yet. Crypto expert Matthew Hyland said successful a video posted to X that Bitcoin needs a play close supra $89,000 to corroborate a bottom.

A determination supra $89,000 could liquidate astir $1.60 cardinal successful abbreviated positions, according to CoinGlass data. If that does not happen, Hyland warns that Bitcoin volition autumn into the $74,000 to $69,000 range.

Buyers person a challenging task up of them. The inflows of $13.3 cardinal into US spot Bitcoin exchange-traded funds (ETFs) connected March 12 could not beryllium sustained, and the ETFs recorded outflows of $135.2 cardinal connected March 13, per Farside Investors data.

This shows that the investors stay tense and are pressing the merchantability fastener connected caller tariff threats and actions by US President Donald Trump.

Could Bitcoin surge to $100,000, pulling prime altcoins higher? Let’s analyse the charts of the apical 10 cryptocurrencies to find out.

Bitcoin terms analysis

Bitcoin bulls are trying to commencement a betterment but are expected to look important absorption successful the portion betwixt the 200-day SMA and the 20-day exponential moving mean ($86,717).

If buyers thrust the terms supra the 20-day EMA, it volition awesome that the interruption beneath the 200-day SMA whitethorn person been a carnivore trap. The BTC/USDT brace could emergence to the 50-day SMA ($93,876) and, aft that, to the $100,000 intelligence barrier.

Conversely, if the terms turns down from the overhead absorption portion with force, it volition bespeak that the bears are successful command. That increases the likelihood of a driblet to the captious enactment astatine $73,777. Buyers are expected to fiercely support the $73,777 level due to the fact that a driblet beneath it whitethorn propulsion the brace to $67,000.

Ether terms analysis

Ether (ETH) has been trading successful a choky scope betwixt $1,963 and $1,754, indicating a pugnacious conflict betwixt the bulls and the bears.

The comparative spot scale (RSI) is showing aboriginal signs of forming a affirmative divergence. If the terms rises supra $1,963, the ETH/USDT brace could ascent to the breakdown level of $2,111. This level whitethorn pull assertive selling by the bears, but if the bulls persist, the brace could rally to the 50-day SMA ($2,597).

This optimistic presumption volition beryllium negated if the terms turns down from the existent level of $2,111 and breaks beneath $1,754. That volition awesome the resumption of the downtrend. The brace whitethorn past nosedive to $1,500.

XRP terms analysis

XRP (XRP) rebounded disconnected the $2 enactment connected March 11 and reached the 20-day EMA ($2.35) connected March 13.

The bears are trying to halt the betterment astatine the 20-day EMA, but the bulls person kept up the pressure. That increases the anticipation of a interruption supra the 20-day EMA. The XRP/USDT brace whitethorn past emergence to $2.64. If this level is cleared, the brace could rally to $3.

Contrarily, if the terms turns down sharply from the existent level, it volition suggest that the sentiment remains negative. The brace whitethorn retest the important $2 support, and if this level gives way, the brace volition implicit a bearish head-and-shoulders pattern. That whitethorn descend the brace to $1.28.

BNB terms analysis

BNB (BNB) roseate supra the 20-day EMA ($591) connected March 13, but the bulls could not prolong the higher levels, arsenic seen from the agelong wick connected the candlestick.

The bulls are again trying to propulsion the terms supra the 20-day EMA. The BNB/USDT brace could situation the 50-day SMA ($624) if they tin propulsion it off. A interruption and adjacent supra the 50-day SMA volition suggest that the correction whitethorn beryllium over. The brace could past effort a rally to $686.

If bears privation to forestall the upside, they volition person to yank the terms beneath the $500 support. The brace whitethorn past autumn to $460, which is expected to pull assertive buying by the bulls.

Solana terms analysis

Solana (SOL) has been trading supra the $120 level, but the bulls person failed to propulsion the terms supra $132.

If the terms skids beneath $120, the SOL/USDT brace could driblet to $110. This is simply a captious enactment to ticker retired for due to the fact that a interruption and adjacent beneath it whitethorn commencement a downward determination to $98 and past to $80.

On the upside, a interruption and adjacent supra the 20-day EMA suggests that the selling unit is reducing. The brace could rally to the 50-day SMA ($178), wherever the bears are expected to equine a beardown defense.

Cardano terms analysis

Cardano (ADA) was rejected from the 20-day EMA ($0.77) connected March 12, signaling that the bears are selling connected rallies.

The ADA/USDT brace could driblet to the uptrend line, which is an important level for the bulls to defend. If the terms bounces disconnected the uptrend enactment with strength, it volition amended the prospects of a interruption supra the moving averages. If that happens, the brace could emergence to $1.02.

This affirmative presumption volition beryllium invalidated successful the adjacent word if the terms turns down and breaks beneath the uptrend line. That could commencement a descent to $0.58 and subsequently to the Feb. 3 intraday debased of $0.50.

Dogecoin terms analysis

Dogecoin (DOGE) bounced disconnected the $0.14 enactment connected March 11, indicating that the bulls are trying to support the level.

The alleviation rally is expected to look selling astatine the 20-day EMA ($0.19). If the terms turns down sharply from $0.19, it increases the anticipation of a interruption beneath $0.14. The DOGE/USDT brace could past plummet to $0.10.

The archetypal motion of spot volition beryllium a interruption and adjacent supra the 20-day EMA. That could unfastened the doors for a rally to the 50-day SMA ($0.24). Sellers volition effort to stall the up determination astatine the 50-day SMA, but if the bulls pierce the resistance, the brace could ascent to $0.29.

Pi terms analysis

Pi’s (PI) betterment stalled astatine $1.80 connected March 13, indicating that the bears are selling connected each insignificant rally.

The bears volition effort to descend the terms to $1.20, which is simply a important level to ticker retired for. If the terms rebounds disconnected $1.20, it volition bespeak a imaginable scope formation. The PI/USDT brace could oscillate betwixt $1.20 and $1.80 for immoderate time.

Contrary to this assumption, if the terms continues little and breaks beneath $1.20, it volition awesome the resumption of the downward move. The brace could descend to the 78.6% retracement level of $0.72.

UNUS SED LEO terms analysis

UNUS SED LEO (LEO) has been trading adjacent the $10 overhead resistance, indicating that the bulls person kept up the pressure.

A interruption and adjacent supra $10 volition implicit a bullish ascending triangle pattern, which could commencement an upmove toward the signifier people of $12.04.

The bears are apt to person different plans. They volition effort to propulsion the terms to the uptrend line, which is an important level to ticker retired for. If the terms rebounds disconnected the uptrend line, it volition awesome that the LEO/USD brace whitethorn stay wrong the triangle for a while.

The bears volition summation the precocious manus connected a interruption and adjacent beneath the uptrend line. That could descend the brace to $8.84 and aboriginal to $8.30.

Chainlink terms analysis

Chainlink (LINK) plunged and closed beneath the enactment enactment of the descending transmission signifier connected March 10, but the bears could not prolong the little levels.

The bulls person pushed the terms backmost into the transmission connected March 14, but their efforts are apt to beryllium met with beardown selling astatine the 20-day EMA ($15.14). If the terms turns down from the 20-day EMA, the bears volition effort to descend the LINK/USDT brace beneath $11.85. If they negociate to bash that, the brace could diminution to $10.

On the contrary, a interruption and adjacent supra the 20-day EMA volition awesome that the markets person rejected the interruption beneath the channel. The brace whitethorn past ascent to the 50-day SMA ($18.27).

This nonfiction does not incorporate concern proposal oregon recommendations. Every concern and trading determination involves risk, and readers should behaviour their ain probe erstwhile making a decision.

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