Bitcoin, which showed stability marks after weeks of frequency and irregular trading, currently maintains a price of $ 84,000. Finally, the long -awaited definitions were made officially, deleting a large layer of uncertainty that kept the markets cautious.
This is an important step for bitcoin, which cancels a huge layer of risk of the original. The size and momentum slowed clearly due to the fear of unexpected organizational shocks, and Bitcoin found it difficult to maintain levels higher than the moving average for 200 days. But now after the risk event has passed, the market players appear to be preparing their confidence, which may pave the way for new difficulties.
Technically, Black 200 EMA was a reliable dynamic support, and Bitcoin has successfully regained it. The RSI (RSI) index remains neutral, indicating that there is a large area of the upscale box. The fact that Bitcoin is close to a decisive resistance area between 87,000 dollars and $ 89,000, which indicates the convergence of average intermediate movement and from the middle of the period, is more encouraging.
The road can be opened to six numbers quickly by collapse here. Modern green daily bars indicate accumulation instead of distribution, but the folder is still somewhat silent compared to excessive operation in November. It may take only a few weeks, not months, until Bitcoin currencies, which are worth $ 100,000, are re -tested at all if the upscale momentum is being held and overcomes resistance in the coming days.
XRP remains
Since it maintains the important price level at the level of $ 2, and finally settles around 200 EMA, the XRP again shows its flexibility. According to the last price behavior, the $ 2 mark operates as a technical and psychological anchor and may provide the basis for the mid -term recovery.
Since the explosive height of the assets in the last part of last year, 200 EMA was a reliable level of support, and XRP successfully defended the daily chart at about $ 1.94. Historically, there were brief bullish pulses after each bounce of this level, and this time there is no exception.
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On the upper side, the $ 2.27 region, which is compatible with EMA for 50 days, has been resistance in recent weeks, is one of the following levels that you watch. If XRP collapses above this level, it may move towards the descending resistance line, which has hindered the growth of the original since January and is about $ 2.60. The above effective break may indicate that the trend lines may indicate that the current monotheism stage has ended to its end and that there may be a possible reaction to the sign of $ 3.
Moderate but fixed recovery is referred to by analyzing the size, as the daily green candles are gradually gaining the ground. When the price carries a critical level as XRP did at $ 2, this type of low -low accumulation indicates a large extent. On a wider scale, the XRP price structure is currently a falling wedge, which is a historical upper style that often leads to ascending escape.
Although the direction of the public market and the uncertainty in the macro are still important considerations, the translated power of XRP is about $ 2 is a sign of bull confidence. The new upper stage may approach if XRP continues to merge it above this level and enhance the $ 2.27-2.60.
No momentum ethereum
Ethereum again shows the signs of weakness, struggling to keep any upward momentum near the $ 2000 sign. Even with small gains inside the day, the total technical preparation indicates that ETH is still far from returning to a great return, as it reaches its highest previous levels of about $ 3,000.
According to the current daily scheme, Ethereum has been in a declining direction since early March, with low levels and lower lower levels of creation of a versatile channel. At 1821 dollars, the original is traded significantly less than EMA for 50 days and the decisive EMA (Line Blue) fights, which is still close to regional price peaks. After escalating the declining momentum, this rapprochement indicates a higher possibility of rejection at these resistance points.
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The bulls are unlikely to get traction until ETH overcomes this dynamic resistance and restores a higher floor, such as the level of $ 2200. Red candles dominated most trading sessions, indicating a decrease in the interest of the buyer according to the size of the size. Although it approaches 38, the RSI indicator shows a declining feeling without hitting the sales levels that may lead to a recovery.
ETH’s larger market environment also does not help. Ethereum is still calm and performs badly unlike bitcoin and other origins, which have made attempts to recover. ETH appears to be particularly vulnerable because the encryption market is threatened by macroeconomic issues such as international definitions and mysterious regulatory frameworks.
ETHEREUM is far from $ 2000, and its downward direction indicates that it may continue to have no significant change in size or investor morale. If the main support level, which is located approximately $ 1,700, is broken, the ETH test may be re -tested by the minimum insult to its aforementioned price at a possible targeted price of $ 1,600 or less. Before looking at long entries, investors must be careful and monitoring any indications of reflection.
