The price of Bitcoin is around 84,500 dollars after it has been recovered by about 3 percent this week. Ethereum (ETH) and Ripple (XRP) lock levels It shows that there is a recovery on the cards by finding support around it. Crypto analyst Manish Chhetri, These 3 leading tokens are laid on the table.
BTC Price Estimation:Bitcoin Bulls target $ 90,000!
The Bitcoin (BTC) price broke the 200 -day exponential moving average (EMA) on Wednesday and closed. It also reached $ 87,000 that day. However, on Thursday, his 200 -day EMA failed to find around 85,515 dollars and fell by 3 %and closed below this level. During the article on Friday, he recovered a little and watched around $ 84,500.
If the BTC recovers and finds support around the 200 -day EMA, it may extend the recovery to re -test the lock psychological level of $ 90,000. The Relative Power Index (RSI) in the daily graph is rejected from 50 neutral levels on Wednesday and is read as 46 and points to a slight decrease momentum. In order to sustain the recovery rally, RSI needs to rise above 50, the neutral level.
The moving average convergence Iraqi (MACD) indicator gave a purchase signal by showing a tendency to rise in the daily graph last week and pointed to a future rise tendency. In addition, it indicates the power of the upward momentum by showing green histogram levels rising above zero with neutral level. However, if the BTC continues to a decrease trend, it may extend the decrease to $ 78.258.
BTC/USDT Daily GraphicsETH Price Estimation: If it maintains this level, $ 2,258 is possible!
The price of Ethereum (ETH) was re -tested, and since last week, a daily level was found to support around $ 1,861. Thus, 9 %recovered until Wednesday. However, the next day decreased by 3.5 %. During the article on Friday, he is around $ 1,970. If the daily support of around $ 1,861, ETH price can prolong the recovery to re -test the highest level of $ 2,258 on March 7.
The RSI in the daily graph shows 40 last week after leaping from the 30 -over sale level. This indicates that the decrease momentum is reduced. However, in order to maintain the recovery rally, RSI needs to rise above 50, the neutral level. The MACD indicator showed a purchase signal by showing a rise in the daily graph on Monday and showed that there was a tendency to rise in the future. In addition, it indicates the power of the upward momentum by showing green histogram levels rising above zero with neutral level. On the other hand, if ETH breaks daily support of $ 1,861 and closes below, it may prolong the decrease to $ 1,700.
ETH/USDT Daily GraphicsXRP Price Estimation: If it protects its 50 -day EMA, it can reach $ 2.72!
Kriptokoin.comAs you have followed, the price of Ripple (XRP) on Wednesday exceeded its 50 -day EMA from $ 2.43 and rose by 11.46 %. However, the next day, the 50 -day EMA re -tested by re -testing. During the article on Friday, it is traded around $ 2.42. If the XRP finds a 50 -day EMA support, it can prolong the recovery to re -test the $ 2.72 level.
The RSI in the daily graph shows 51 by wandering around the 50 neutral level. This is a sign of the indecision between the traders. In order to maintain the bull momentum, RSI must point up and rise above the neutral 50 level. The MACD indicator showed a purchase signal last week by showing an upward transition on the daily graph. He also showed that there was a tendency to rise in the future. However, if the XRP does not find support around its 50 -day EMA and closes below, it may extend the decrease to $ 1.96.
XRP/USDT Daily Graphics
