Author: dfmines

Bitcoin (BTC) has risen back above the 200-day simple moving average ($83,754), indicating that the bulls are attempting a comeback. The failure of the bears to capitalize on the drop below the 200-day SMA shows that selling dries up at lower levels.However, Bitcoin may not be out of the woods yet. Crypto analyst Matthew Hyland said in a video posted to X that Bitcoin needs a weekly close above $89,000 to confirm a bottom. A move above $89,000 could liquidate roughly $1.60 billion in short positions, according to CoinGlass data. If that does not happen, Hyland warns that Bitcoin will fall into the $74,000 to $69,000 range.Crypto market data daily view. Source: Coin360Buyers have a challenging task ahead of them. The inflows of $13.3 million into US spot Bitcoin exchange-traded funds (ETFs) on March 12 could not be sustained, and the ETFs recorded outflows of $135.2 million on March 13, per Farside Investors data. This shows that the investors remain nervous and are pressing the sell button on new tariff threats and actions by US President Donald Trump.Could Bitcoin surge to $100,000, pulling select altcoins higher? Let’s analyze the charts of the top 10 cryptocurrencies to find out.Bitcoin price analysisBitcoin bulls are trying to start a recovery but are expected to face significant resistance in the zone between the 200-day SMA and the 20-day exponential moving average ($86,717).BTC/USDT daily chart. Source: Cointelegraph/TradingViewIf buyers drive the price above the 20-day EMA, it will signal that the break below the 200-day SMA may have been a bear trap. The BTC/USDT pair could rise to the 50-day SMA ($93,876) and, after that, to the $100,000 psychological barrier.Conversely, if the price turns down from the overhead resistance zone with force, it will indicate that the bears are in command. That increases the likelihood of a drop to the vital support at $73,777. Buyers are expected to fiercely defend the $73,777 level because a drop below it may pull the pair to $67,000.Ether price analysisEther (ETH) has been trading in a tight range between $1,963 and $1,754, indicating a tough battle between the bulls and the bears.ETH/USDT daily chart. Source: Cointelegraph/TradingViewThe relative strength index (RSI) is showing early signs of forming a positive divergence. If the price rises above $1,963, the ETH/USDT pair could climb to the breakdown level of $2,111. This level may attract aggressive selling by the bears, but if the bulls persist, the pair could rally to the 50-day SMA ($2,597).This optimistic view will be negated if the price turns down from the current level of $2,111 and breaks below $1,754. That will signal the resumption of the downtrend. The pair may then nosedive to $1,500.XRP price analysisXRP (XRP) rebounded off the $2 support on March 11 and reached the 20-day EMA ($2.35) on March 13.XRP/USDT daily chart. Source: Cointelegraph/TradingViewThe bears are trying to halt the recovery at the 20-day EMA, but the bulls have kept up the pressure. That increases the possibility of a break above the 20-day EMA. The XRP/USDT pair may then rise to $2.64. If this level is cleared, the pair could rally to $3.Contrarily, if the price turns down sharply from the current level, it will suggest that the sentiment remains negative. The pair may retest the crucial $2 support, and if this level gives way, the pair will complete a bearish head-and-shoulders pattern. That may sink the pair to $1.28.BNB price analysisBNB (BNB) rose above the 20-day EMA ($591) on March 13, but the bulls could not sustain the higher levels, as seen from the long wick on the candlestick.BNB/USDT daily chart. Source: Cointelegraph/TradingViewThe bulls are again trying to push the price above the 20-day EMA. The BNB/USDT pair could challenge the 50-day SMA ($624) if they can pull it off. A break and close above the 50-day SMA will suggest that the correction may be over. The pair could then attempt a rally to $686.If bears want to prevent the upside, they will have to yank the price below the $500 support. The pair may then fall to $460, which is expected to attract aggressive buying by the bulls.Solana price analysisSolana (SOL) has been trading above the $120 level, but the bulls have failed to push the price above $132.SOL/USDT daily chart. Source: Cointelegraph/TradingViewIf the price skids below $120, the SOL/USDT pair could drop to $110. This is a critical support to watch out for because a break and close below it may start a downward move to $98 and then to $80.On the upside, a break and close above the 20-day EMA suggests that the selling pressure is reducing. The pair could rally to the 50-day SMA ($178), where the bears are expected to mount a strong defense.Cardano price analysisCardano (ADA) was rejected from the 20-day EMA ($0.77) on March 12, signaling that the bears are selling on rallies.ADA/USDT daily chart. Source: Cointelegraph/TradingViewThe ADA/USDT pair could drop to the uptrend line, which is an important level for the bulls to defend. If the price bounces off the uptrend line with strength, it will improve the prospects of a break above the moving averages. If that happens, the pair could rise to $1.02.This positive view will be invalidated in the near term if the price turns down and breaks below the uptrend line. That could start a slide to $0.58 and subsequently to the Feb. 3 intraday low of $0.50.Dogecoin price analysisDogecoin (DOGE) bounced off the $0.14 support on March 11, indicating that the bulls are trying to defend the level.DOGE/USDT daily chart. Source: Cointelegraph/TradingViewThe relief rally is expected to face selling at the 20-day EMA ($0.19). If the price turns down sharply from $0.19, it increases the possibility of a break below $0.14. The DOGE/USDT pair could then plummet to $0.10.Related: Bitcoin-to-gold ratio breaks 12-year support as gold price hits a record $3KThe first sign of strength will be a break and close above the 20-day EMA. That could open the doors for a rally to the 50-day SMA ($0.24). Sellers will try to stall the up move at the 50-day SMA, but if the bulls pierce the resistance, the pair could climb to $0.29.Pi price analysisPi’s (PI) recovery stalled at $1.80 on March 13, indicating that the bears are selling on every minor rally.PI/USDT daily chart. Source: Cointelegraph/TradingViewThe bears will try to sink the price to $1.20, which is a crucial level to watch out for. If the price rebounds off $1.20, it will indicate a possible range formation. The PI/USDT pair could oscillate between $1.20 and $1.80 for some time.Contrary to this assumption, if the price continues lower and breaks below $1.20, it will signal the resumption of the downward move. The pair could descend to the 78.6% retracement level of $0.72.UNUS SED LEO price analysisUNUS SED LEO (LEO) has been trading near the $10 overhead resistance, indicating that the bulls have kept up the pressure.LEO/USD daily chart. Source: Cointelegraph/TradingViewA break and close above $10 will complete a bullish ascending triangle pattern, which could start an upmove toward the pattern target of $12.04.The bears are likely to have other plans. They will try to pull the price to the uptrend line, which is an important level to watch out for. If the price rebounds off the uptrend line, it will signal that the LEO/USD pair may remain inside the triangle for a while. The bears will gain the upper hand on a break and close below the uptrend line. That could sink the pair to $8.84 and later to $8.30.Chainlink price analysisChainlink (LINK) plunged and closed below the support line of the descending channel pattern on March 10, but the bears could not sustain the lower levels.LINK/USDT daily chart. Source: Cointelegraph/TradingViewThe bulls have pushed the price back into the channel on March 14, but their efforts are likely to be met with strong selling at the 20-day EMA ($15.14). If the price turns down from the 20-day EMA, the bears will attempt to sink the LINK/USDT pair below $11.85. If they manage to do that, the pair could decline to $10.On the contrary, a break and close above the 20-day EMA will signal that the markets have rejected the break below the channel. The pair may then climb to the 50-day SMA ($18.27).This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

Bitcoin (BTC) has risen back above the 200-day simple moving average ($83,754), indicating that the bulls are attempting a comeback. The failure of the bears to capitalize on the drop below the 200-day SMA shows that selling dries up at lower levels.However, Bitcoin may not be out of the woods yet. Crypto analyst Matthew Hyland said in a video posted to X that Bitcoin needs a weekly close above $89,000 to confirm a bottom. A move above $89,000 could liquidate roughly $1.60 billion in short positions, according to CoinGlass data. If that does not happen, Hyland warns that Bitcoin will fall into the $74,000 to $69,000 range.Crypto market data daily view. Source: Coin360Buyers have a challenging task ahead of them. The inflows of $13.3 million into US spot Bitcoin exchange-traded funds (ETFs) on March 12 could not be sustained, and the ETFs recorded outflows of $135.2 million on March 13, per Farside Investors data. This shows that the investors remain nervous and are pressing the sell button on new tariff threats and actions by US President Donald Trump.Could Bitcoin surge to $100,000, pulling select altcoins higher? Let’s analyze the charts of the top 10 cryptocurrencies to find out.Bitcoin price analysisBitcoin bulls are trying to start a recovery but are expected to face significant resistance in the zone between the 200-day SMA and the 20-day exponential moving average ($86,717).BTC/USDT daily chart. Source: Cointelegraph/TradingViewIf buyers drive the price above the 20-day EMA, it will signal that the break below the 200-day SMA may have been a bear trap. The BTC/USDT pair could rise to the 50-day SMA ($93,876) and, after that, to the $100,000 psychological barrier.Conversely, if the price turns down from the overhead resistance zone with force, it will indicate that the bears are in command. That increases the likelihood of a drop to the vital support at $73,777. Buyers are expected to fiercely defend the $73,777 level because a drop below it may pull the pair to $67,000.Ether price analysisEther (ETH) has been trading in a tight range between $1,963 and $1,754, indicating a tough battle between the bulls and the bears.ETH/USDT daily chart. Source: Cointelegraph/TradingViewThe relative strength index (RSI) is showing early signs of forming a positive divergence. If the price rises above $1,963, the ETH/USDT pair could climb to the breakdown level of $2,111. This level may attract aggressive selling by the bears, but if the bulls persist, the pair could rally to the 50-day SMA ($2,597).This optimistic view will be negated if the price turns down from the current level of $2,111 and breaks below $1,754. That will signal the resumption of the downtrend. The pair may then nosedive to $1,500.XRP price analysisXRP (XRP) rebounded off the $2 support on March 11 and reached the 20-day EMA ($2.35) on March 13.XRP/USDT daily chart. Source: Cointelegraph/TradingViewThe bears are trying to halt the recovery at the 20-day EMA, but the bulls have kept up the pressure. That increases the possibility of a break above the 20-day EMA. The XRP/USDT pair may then rise to $2.64. If this level is cleared, the pair could rally to $3.Contrarily, if the price turns down sharply from the current level, it will suggest that the sentiment remains negative. The pair may retest the crucial $2 support, and if this level gives way, the pair will complete a bearish head-and-shoulders pattern. That may sink the pair to $1.28.BNB price analysisBNB (BNB) rose above the 20-day EMA ($591) on March 13, but the bulls could not sustain the higher levels, as seen from the long wick on the candlestick.BNB/USDT daily chart. Source: Cointelegraph/TradingViewThe bulls are again trying to push the price above the 20-day EMA. The BNB/USDT pair could challenge the 50-day SMA ($624) if they can pull it off. A break and close above the 50-day SMA will suggest that the correction may be over. The pair could then attempt a rally to $686.If bears want to prevent the upside, they will have to yank the price below the $500 support. The pair may then fall to $460, which is expected to attract aggressive buying by the bulls.Solana price analysisSolana (SOL) has been trading above the $120 level, but the bulls have failed to push the price above $132.SOL/USDT daily chart. Source: Cointelegraph/TradingViewIf the price skids below $120, the SOL/USDT pair could drop to $110. This is a critical support to watch out for because a break and close below it may start a downward move to $98 and then to $80.On the upside, a break and close above the 20-day EMA suggests that the selling pressure is reducing. The pair could rally to the 50-day SMA ($178), where the bears are expected to mount a strong defense.Cardano price analysisCardano (ADA) was rejected from the 20-day EMA ($0.77) on March 12, signaling that the bears are selling on rallies.ADA/USDT daily chart. Source: Cointelegraph/TradingViewThe ADA/USDT pair could drop to the uptrend line, which is an important level for the bulls to defend. If the price bounces off the uptrend line with strength, it will improve the prospects of a break above the moving averages. If that happens, the pair could rise to $1.02.This positive view will be invalidated in the near term if the price turns down and breaks below the uptrend line. That could start a slide to $0.58 and subsequently to the Feb. 3 intraday low of $0.50.Dogecoin price analysisDogecoin (DOGE) bounced off the $0.14 support on March 11, indicating that the bulls are trying to defend the level.DOGE/USDT daily chart. Source: Cointelegraph/TradingViewThe relief rally is expected to face selling at the 20-day EMA ($0.19). If the price turns down sharply from $0.19, it increases the possibility of a break below $0.14. The DOGE/USDT pair could then plummet to $0.10.Related: Bitcoin-to-gold ratio breaks 12-year support as gold price hits a record $3KThe first sign of strength will be a break and close above the 20-day EMA. That could open the doors for a rally to the 50-day SMA ($0.24). Sellers will try to stall the up move at the 50-day SMA, but if the bulls pierce the resistance, the pair could climb to $0.29.Pi price analysisPi’s (PI) recovery stalled at $1.80 on March 13, indicating that the bears are selling on every minor rally.PI/USDT daily chart. Source: Cointelegraph/TradingViewThe bears will try to sink the price to $1.20, which is a crucial level to watch out for. If the price rebounds off $1.20, it will indicate a possible range formation. The PI/USDT pair could oscillate between $1.20 and $1.80 for some time.Contrary to this assumption, if the price continues lower and breaks below $1.20, it will signal the resumption of the downward move. The pair could descend to the 78.6% retracement level of $0.72.UNUS SED LEO price analysisUNUS SED LEO (LEO) has been trading near the $10 overhead resistance, indicating that the bulls have kept up the pressure.LEO/USD daily chart. Source: Cointelegraph/TradingViewA break and close above $10 will complete a bullish ascending triangle pattern, which could start an upmove toward the pattern target of $12.04.The bears are likely to have other plans. They will try to pull the price to the uptrend line, which is an important level to watch out for. If the price rebounds off the uptrend line, it will signal that the LEO/USD pair may remain inside the triangle for a while. The bears will gain the upper hand on a break and close below the uptrend line. That could sink the pair to $8.84 and later to $8.30.Chainlink price analysisChainlink (LINK) plunged and closed below the support line of the descending channel pattern on March 10, but the bears could not sustain the lower levels.LINK/USDT daily chart. Source: Cointelegraph/TradingViewThe bulls have pushed the price back into the channel on March 14, but their efforts are likely to be met with strong selling at the 20-day EMA ($15.14). If the price turns down from the 20-day EMA, the bears will attempt to sink the LINK/USDT pair below $11.85. If they manage to do that, the pair could decline to $10.On the contrary, a break and close above the 20-day EMA will signal that the markets have rejected the break below the channel. The pair may then climb to the 50-day SMA ($18.27).This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

Bitcoin (BTC) has risen back above the 200-day simple moving average ($83,754), indicating that the bulls are attempting a comeback. The failure of the bears to capitalize on the drop below the 200-day SMA shows that selling dries up at lower levels.However, Bitcoin may not be out of the woods yet. Crypto analyst Matthew Hyland said in a video posted to X that Bitcoin needs a weekly close above $89,000 to confirm a bottom. A move above $89,000 could liquidate roughly $1.60 billion in short positions, according to CoinGlass data. If that does not happen, Hyland warns that Bitcoin will fall into the $74,000 to $69,000 range.Crypto market data daily view. Source: Coin360Buyers have a challenging task ahead of them. The inflows of $13.3 million into US spot Bitcoin exchange-traded funds (ETFs) on March 12 could not be sustained, and the ETFs recorded outflows of $135.2 million on March 13, per Farside Investors data. This shows that the investors remain nervous and are pressing the sell button on new tariff threats and actions by US President Donald Trump.Could Bitcoin surge to $100,000, pulling select altcoins higher? Let’s analyze the charts of the top 10 cryptocurrencies to find out.Bitcoin price analysisBitcoin bulls are trying to start a recovery but are expected to face significant resistance in the zone between the 200-day SMA and the 20-day exponential moving average ($86,717).BTC/USDT daily chart. Source: Cointelegraph/TradingViewIf buyers drive the price above the 20-day EMA, it will signal that the break below the 200-day SMA may have been a bear trap. The BTC/USDT pair could rise to the 50-day SMA ($93,876) and, after that, to the $100,000 psychological barrier.Conversely, if the price turns down from the overhead resistance zone with force, it will indicate that the bears are in command. That increases the likelihood of a drop to the vital support at $73,777. Buyers are expected to fiercely defend the $73,777 level because a drop below it may pull the pair to $67,000.Ether price analysisEther (ETH) has been trading in a tight range between $1,963 and $1,754, indicating a tough battle between the bulls and the bears.ETH/USDT daily chart. Source: Cointelegraph/TradingViewThe relative strength index (RSI) is showing early signs of forming a positive divergence. If the price rises above $1,963, the ETH/USDT pair could climb to the breakdown level of $2,111. This level may attract aggressive selling by the bears, but if the bulls persist, the pair could rally to the 50-day SMA ($2,597).This optimistic view will be negated if the price turns down from the current level of $2,111 and breaks below $1,754. That will signal the resumption of the downtrend. The pair may then nosedive to $1,500.XRP price analysisXRP (XRP) rebounded off the $2 support on March 11 and reached the 20-day EMA ($2.35) on March 13.XRP/USDT daily chart. Source: Cointelegraph/TradingViewThe bears are trying to halt the recovery at the 20-day EMA, but the bulls have kept up the pressure. That increases the possibility of a break above the 20-day EMA. The XRP/USDT pair may then rise to $2.64. If this level is cleared, the pair could rally to $3.Contrarily, if the price turns down sharply from the current level, it will suggest that the sentiment remains negative. The pair may retest the crucial $2 support, and if this level gives way, the pair will complete a bearish head-and-shoulders pattern. That may sink the pair to $1.28.BNB price analysisBNB (BNB) rose above the 20-day EMA ($591) on March 13, but the bulls could not sustain the higher levels, as seen from the long wick on the candlestick.BNB/USDT daily chart. Source: Cointelegraph/TradingViewThe bulls are again trying to push the price above the 20-day EMA. The BNB/USDT pair could challenge the 50-day SMA ($624) if they can pull it off. A break and close above the 50-day SMA will suggest that the correction may be over. The pair could then attempt a rally to $686.If bears want to prevent the upside, they will have to yank the price below the $500 support. The pair may then fall to $460, which is expected to attract aggressive buying by the bulls.Solana price analysisSolana (SOL) has been trading above the $120 level, but the bulls have failed to push the price above $132.SOL/USDT daily chart. Source: Cointelegraph/TradingViewIf the price skids below $120, the SOL/USDT pair could drop to $110. This is a critical support to watch out for because a break and close below it may start a downward move to $98 and then to $80.On the upside, a break and close above the 20-day EMA suggests that the selling pressure is reducing. The pair could rally to the 50-day SMA ($178), where the bears are expected to mount a strong defense.Cardano price analysisCardano (ADA) was rejected from the 20-day EMA ($0.77) on March 12, signaling that the bears are selling on rallies.ADA/USDT daily chart. Source: Cointelegraph/TradingViewThe ADA/USDT pair could drop to the uptrend line, which is an important level for the bulls to defend. If the price bounces off the uptrend line with strength, it will improve the prospects of a break above the moving averages. If that happens, the pair could rise to $1.02.This positive view will be invalidated in the near term if the price turns down and breaks below the uptrend line. That could start a slide to $0.58 and subsequently to the Feb. 3 intraday low of $0.50.Dogecoin price analysisDogecoin (DOGE) bounced off the $0.14 support on March 11, indicating that the bulls are trying to defend the level.DOGE/USDT daily chart. Source: Cointelegraph/TradingViewThe relief rally is expected to face selling at the 20-day EMA ($0.19). If the price turns down sharply from $0.19, it increases the possibility of a break below $0.14. The DOGE/USDT pair could then plummet to $0.10.Related: Bitcoin-to-gold ratio breaks 12-year support as gold price hits a record $3KThe first sign of strength will be a break and close above the 20-day EMA. That could open the doors for a rally to the 50-day SMA ($0.24). Sellers will try to stall the up move at the 50-day SMA, but if the bulls pierce the resistance, the pair could climb to $0.29.Pi price analysisPi’s (PI) recovery stalled at $1.80 on March 13, indicating that the bears are selling on every minor rally.PI/USDT daily chart. Source: Cointelegraph/TradingViewThe bears will try to sink the price to $1.20, which is a crucial level to watch out for. If the price rebounds off $1.20, it will indicate a possible range formation. The PI/USDT pair could oscillate between $1.20 and $1.80 for some time.Contrary to this assumption, if the price continues lower and breaks below $1.20, it will signal the resumption of the downward move. The pair could descend to the 78.6% retracement level of $0.72.UNUS SED LEO price analysisUNUS SED LEO (LEO) has been trading near the $10 overhead resistance, indicating that the bulls have kept up the pressure.LEO/USD daily chart. Source: Cointelegraph/TradingViewA break and close above $10 will complete a bullish ascending triangle pattern, which could start an upmove toward the pattern target of $12.04.The bears are likely to have other plans. They will try to pull the price to the uptrend line, which is an important level to watch out for. If the price rebounds off the uptrend line, it will signal that the LEO/USD pair may remain inside the triangle for a while. The bears will gain the upper hand on a break and close below the uptrend line. That could sink the pair to $8.84 and later to $8.30.Chainlink price analysisChainlink (LINK) plunged and closed below the support line of the descending channel pattern on March 10, but the bears could not sustain the lower levels.LINK/USDT daily chart. Source: Cointelegraph/TradingViewThe bulls have pushed the price back into the channel on March 14, but their efforts are likely to be met with strong selling at the 20-day EMA ($15.14). If the price turns down from the 20-day EMA, the bears will attempt to sink the LINK/USDT pair below $11.85. If they manage to do that, the pair could decline to $10.On the contrary, a break and close above the 20-day EMA will signal that the markets have rejected the break below the channel. The pair may then climb to the 50-day SMA ($18.27).This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

Bitcoin (BTC) has risen back above the 200-day simple moving average ($83,754), indicating that the bulls are attempting a comeback. The failure of the bears to capitalize on the drop below the 200-day SMA shows that selling dries up at lower levels.However, Bitcoin may not be out of the woods yet. Crypto analyst Matthew Hyland said in a video posted to X that Bitcoin needs a weekly close above $89,000 to confirm a bottom. A move above $89,000 could liquidate roughly $1.60 billion in short positions, according to CoinGlass data. If that does not happen, Hyland warns that Bitcoin will fall into the $74,000 to $69,000 range.Crypto market data daily view. Source: Coin360Buyers have a challenging task ahead of them. The inflows of $13.3 million into US spot Bitcoin exchange-traded funds (ETFs) on March 12 could not be sustained, and the ETFs recorded outflows of $135.2 million on March 13, per Farside Investors data. This shows that the investors remain nervous and are pressing the sell button on new tariff threats and actions by US President Donald Trump.Could Bitcoin surge to $100,000, pulling select altcoins higher? Let’s analyze the charts of the top 10 cryptocurrencies to find out.Bitcoin price analysisBitcoin bulls are trying to start a recovery but are expected to face significant resistance in the zone between the 200-day SMA and the 20-day exponential moving average ($86,717).BTC/USDT daily chart. Source: Cointelegraph/TradingViewIf buyers drive the price above the 20-day EMA, it will signal that the break below the 200-day SMA may have been a bear trap. The BTC/USDT pair could rise to the 50-day SMA ($93,876) and, after that, to the $100,000 psychological barrier.Conversely, if the price turns down from the overhead resistance zone with force, it will indicate that the bears are in command. That increases the likelihood of a drop to the vital support at $73,777. Buyers are expected to fiercely defend the $73,777 level because a drop below it may pull the pair to $67,000.Ether price analysisEther (ETH) has been trading in a tight range between $1,963 and $1,754, indicating a tough battle between the bulls and the bears.ETH/USDT daily chart. Source: Cointelegraph/TradingViewThe relative strength index (RSI) is showing early signs of forming a positive divergence. If the price rises above $1,963, the ETH/USDT pair could climb to the breakdown level of $2,111. This level may attract aggressive selling by the bears, but if the bulls persist, the pair could rally to the 50-day SMA ($2,597).This optimistic view will be negated if the price turns down from the current level of $2,111 and breaks below $1,754. That will signal the resumption of the downtrend. The pair may then nosedive to $1,500.XRP price analysisXRP (XRP) rebounded off the $2 support on March 11 and reached the 20-day EMA ($2.35) on March 13.XRP/USDT daily chart. Source: Cointelegraph/TradingViewThe bears are trying to halt the recovery at the 20-day EMA, but the bulls have kept up the pressure. That increases the possibility of a break above the 20-day EMA. The XRP/USDT pair may then rise to $2.64. If this level is cleared, the pair could rally to $3.Contrarily, if the price turns down sharply from the current level, it will suggest that the sentiment remains negative. The pair may retest the crucial $2 support, and if this level gives way, the pair will complete a bearish head-and-shoulders pattern. That may sink the pair to $1.28.BNB price analysisBNB (BNB) rose above the 20-day EMA ($591) on March 13, but the bulls could not sustain the higher levels, as seen from the long wick on the candlestick.BNB/USDT daily chart. Source: Cointelegraph/TradingViewThe bulls are again trying to push the price above the 20-day EMA. The BNB/USDT pair could challenge the 50-day SMA ($624) if they can pull it off. A break and close above the 50-day SMA will suggest that the correction may be over. The pair could then attempt a rally to $686.If bears want to prevent the upside, they will have to yank the price below the $500 support. The pair may then fall to $460, which is expected to attract aggressive buying by the bulls.Solana price analysisSolana (SOL) has been trading above the $120 level, but the bulls have failed to push the price above $132.SOL/USDT daily chart. Source: Cointelegraph/TradingViewIf the price skids below $120, the SOL/USDT pair could drop to $110. This is a critical support to watch out for because a break and close below it may start a downward move to $98 and then to $80.On the upside, a break and close above the 20-day EMA suggests that the selling pressure is reducing. The pair could rally to the 50-day SMA ($178), where the bears are expected to mount a strong defense.Cardano price analysisCardano (ADA) was rejected from the 20-day EMA ($0.77) on March 12, signaling that the bears are selling on rallies.ADA/USDT daily chart. Source: Cointelegraph/TradingViewThe ADA/USDT pair could drop to the uptrend line, which is an important level for the bulls to defend. If the price bounces off the uptrend line with strength, it will improve the prospects of a break above the moving averages. If that happens, the pair could rise to $1.02.This positive view will be invalidated in the near term if the price turns down and breaks below the uptrend line. That could start a slide to $0.58 and subsequently to the Feb. 3 intraday low of $0.50.Dogecoin price analysisDogecoin (DOGE) bounced off the $0.14 support on March 11, indicating that the bulls are trying to defend the level.DOGE/USDT daily chart. Source: Cointelegraph/TradingViewThe relief rally is expected to face selling at the 20-day EMA ($0.19). If the price turns down sharply from $0.19, it increases the possibility of a break below $0.14. The DOGE/USDT pair could then plummet to $0.10.Related: Bitcoin-to-gold ratio breaks 12-year support as gold price hits a record $3KThe first sign of strength will be a break and close above the 20-day EMA. That could open the doors for a rally to the 50-day SMA ($0.24). Sellers will try to stall the up move at the 50-day SMA, but if the bulls pierce the resistance, the pair could climb to $0.29.Pi price analysisPi’s (PI) recovery stalled at $1.80 on March 13, indicating that the bears are selling on every minor rally.PI/USDT daily chart. Source: Cointelegraph/TradingViewThe bears will try to sink the price to $1.20, which is a crucial level to watch out for. If the price rebounds off $1.20, it will indicate a possible range formation. The PI/USDT pair could oscillate between $1.20 and $1.80 for some time.Contrary to this assumption, if the price continues lower and breaks below $1.20, it will signal the resumption of the downward move. The pair could descend to the 78.6% retracement level of $0.72.UNUS SED LEO price analysisUNUS SED LEO (LEO) has been trading near the $10 overhead resistance, indicating that the bulls have kept up the pressure.LEO/USD daily chart. Source: Cointelegraph/TradingViewA break and close above $10 will complete a bullish ascending triangle pattern, which could start an upmove toward the pattern target of $12.04.The bears are likely to have other plans. They will try to pull the price to the uptrend line, which is an important level to watch out for. If the price rebounds off the uptrend line, it will signal that the LEO/USD pair may remain inside the triangle for a while. The bears will gain the upper hand on a break and close below the uptrend line. That could sink the pair to $8.84 and later to $8.30.Chainlink price analysisChainlink (LINK) plunged and closed below the support line of the descending channel pattern on March 10, but the bears could not sustain the lower levels.LINK/USDT daily chart. Source: Cointelegraph/TradingViewThe bulls have pushed the price back into the channel on March 14, but their efforts are likely to be met with strong selling at the 20-day EMA ($15.14). If the price turns down from the 20-day EMA, the bears will attempt to sink the LINK/USDT pair below $11.85. If they manage to do that, the pair could decline to $10.On the contrary, a break and close above the 20-day EMA will signal that the markets have rejected the break below the channel. The pair may then climb to the 50-day SMA ($18.27).This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

submitted by /u/tupidataba [link] [comments]

Bitcoin’s open interest on centralized exchanges and the CME has returned to pre-November 2024 election levels, signaling market stabilization as BTC rebounds to $83,400 following a recent low of $76,600. Bitcoin Bounces to $83K Amid Open Interest, Futures Basis Normalization Bitcoin’s market activity shows signs of stabilization as key metrics return to levels seen before […]

One crypto exchange’s loss is another crypto exchange’s gain. This holds true with cryptocurrency exchange Uniswap after it recorded a weekly loss of over 20% brought by a large investor offloading a huge number of tokens. Uniswap’s loss was Kraken’s gain after the said whale transferred 2.25 million UNI tokens to the cryptocurrency exchange platform in what analysts believed was an attempt to cut losses. Related Reading: TRUMP Token Takedown—Did Insiders Plan The Crash? Uniswap Down Analysts said that UNI, Uniswap’s native token, posted a weekly loss of 20% after the coin went down by 2.80% in the last 24 hours. The massive loss brought UNI’s price to go down to $5.80 on Wеdnеsdаy. According to a crypto analyst, the drop, which came amid the heightened selling pressure, can be attributed to a large investor who offloaded a big chunk of his UNI tokens and transferred it to another crypto exchange platform. “A whale deposited all 2.25M $UNI($13.71M) to #Kraken 2 hours ago,” Lookonchain said. A whale deposited all 2.25M $UNI($13.71M) to #Kraken 2 hours ago, likely to cut losses. The whale accumulated 2.25M $UNI($15.57M) at an average price of $6.92 between Sept 7, 2023 and Nov 18, 2024. At its peak, the whale had an unrealized profit of $26.5M but is now down… pic.twitter.com/7pA0glRT4m — Lookonchain (@lookonchain) March 12, 2025 ‘Cut Losses’ In a post, Lookonchain believed that the whale could be ditching an effort to “cut losses” after a considerable unrealized gain from the UNI token vanished. “The whale accumulated 2.25M $UNI($15.57M) at an average price of $6.92 between Sept. 7, 2023 and Nov. 18, 2024,” Lookonchain shared.  At its peak, the market observer said the large investor recorded an unrealized profit of $26.5 million. However, recent market conditions have brought down UNI’s unrealized earnings to only $1.86 million, which might be the primary reason why the whale decided to move $13.71 million worth of UNI tokens to Kraken. Bearish Signal Another crypto analyst observed that indicators showed a bearish picture for Uniswap. Santiment shared his analysis on what could be the future of Uniswap using the on-chain metrics, saying that the Exchange Flow balance increased from -428,920 to 2.23 million within two days. The metric, which tracks the net movement of tokens into and out of exchange wallets, showed that there is a possible surge in selling pressure, indicating that many tokens are being moved into exchange wallets. Another metric, the Supply on Exchanges, illustrated that the token increased by 2.67% in the last 24 hours, which the analyst claimed reinforced the notion of traders offloading their UNI holdings amidst declining confidence in Uniswap’s performance. Previous data showed that such trends usually result in a further decline in the token’s price. Related Reading: $931 Million Bitcoin On The Move: Mt. Gox Sparks Market Jitters Other market observers checked UNI’s technical indicators, revealing a negative sentiment towards Uniswap’s native token.  The Bollinger Bands showed that it is tightening with the middle band at $7.470. Meanwhile, the upper and lower bands are at $9.332 and $5.608, respectively. Analysts said that the UNI’s price is on the lower band, indicating a strong bearish momentum, which could explain the drop in unrealized profit for the token. Featured image from Medium, chart from TradingView