The bonds are disrupted in the United States, the VIX index rises in the Trump’s commercial war

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The encryption market stabilized today with a decline in trade war tensions. BTC price crawl again, and has increased by 6 % in the past 24 hours. ETH and XRP prices increased by 7.26 % and 5.6 %. From a macro perspective, the proceeds of American bonds indicate a strong recovery, while the Vix index urges caution.

Bitcoin, ethereum, ripples stability with the collapse of American bonds

the The relief market provides encryption investors like Fall revenue In all fields. The return has decreased for ten years to 4.25 % from the highest level of year to another at 4.80 %. It has decreased to less than 200 days moving average indicates more decrease.

Revenue has decreased for two years and 30 years to 3.98 % and 4.5 %, much lower than their highest levels this year. Fallen bond revenues indicate that the market expects the Federal Reserve to change its melody and provide more discounts this year. The exchange market estimates that there will be three price cuts this year instead of the two that the Federal Reserve has alluded to.

BTC, ETH and XRP prices often work well when the Federal Reserve reduces Interest rates because it often leads to the rotation of value to growth. A good example of this is what happened in 2020 when the Federal Reserve reduced the prices to deal with the epidemic.

The risk of reducing average increased after Donald Trump revealed Trade war Against major countries such as Mexico and Canada.

The risk of encrypted currencies is that the VIX index, the famous volatile scale in Wall Street, has risen to $ 26.2, its highest level since December 19.

BTC, ETH and XRP PRICE

So, how will the famous BTC, ETH and XRP circulate in the next few days with a decrease in bond returns? In addition to macro events, the three currencies will interact with The next encryption summitand Non -agricultural salaries dataand And Trump’s Crypto Reserves News.

Technical analysis of ETH price

The price of Ethereum remains under pressure about a month after the formation of a death intersection pattern. It hovers near the main support at $ 2,155, the lowest level in August and September last year.

The Death Cross refers to more negative aspect, with a possible move in the near -term support level of $ 2000. The decrease in this level will be a sign that the bears have prevailed, and it can open the door to a crash to 1500 dollars or less. This is because Ethereum has already formed a triple style at $ 4000.

Support levels: $ 2000, $ 1,800, and $ 1500.
Resistance levels: $ 2,500, $ 2,850, and $ 3000.

Technical analysis of XRP price

XRP is at a great risk of a declining collapse as long as it is less than the key level at $ 2.9180. This level is very important because it coincides with the left and right head pattern of the head and shoulders. This risk will be more evident if the price of XRP decreases from the neck line at $ 1.9735. The step over the shoulder section will indicate more gains, and perhaps to the YTD height.

Support levels: $ 2, $ 1.97, 1.5387 dollars (61.8 % Return).
Resistance levels: $ 2.9, $ 3.4, and 4 dollars.

Technical analysis of the BTC price

I found BTC support in 200 days Mobile average The main point is at $ 88,908, the neckline for the double pattern at $ 108,230. The daily chart displays a blurry look, which means that the currency may eventually explode in any of the two directions.

Therefore, the ideal method is to determine the main support and resistance levels. More gains will be confirmed if the bitcoin price rises above 95,000 dollars, followed by $ 100,000. An analyst warned that Bitcoin price may struggle to reach $ 100,000 soon. On the other hand, the collapse will indicate without support at 78,308 dollars (the lowest level in the past week), to more from the negative side to 73,500 dollars (the increase of the 2024 march).