๐ **Price Analysis 3/29**: BTC, ETH, BNB, SOL, XRP, ADA, DOGE, AVAX, SHIB, TON
๐ Bitcoin's recovery near $70,000 hesitates, but bulls stand firm against bears.
๐ CEO Laurent Benayoun sees bull cycle potential to peak between $120,000 and $180,000.
๐ Factors include Bitcoin ETFs, upcoming halving, and possible interest rate reduction.
๐ Bitwise CIO advises to "keep calm and take the long view", suggesting 1% portfolio allocation could bring $1 trillion into Bitcoin.
๐ Crypto market data daily view. Source: Coin360
โ ๏ธ QCP Capital warns of potential exhaustion in Bitcoin's rally, raising questions about near-term correction.
โ Could Bitcoin and altcoins correct soon, or will the rally persist? Let's analyze the charts.
(Bitcoin price analysis)
๐ BTC holds within $71,770 and $68,359 range, showing bullish resilience.
๐ Tight consolidation near highs indicates bullish strength.
๐ Breaking above $71,770 to $73,777 could pave the way for an $80,000 rally.
๐ Failure could drop BTC to $61,107.
(Ether price analysis)
๐ ETH battles near $3,678 resistance.
๐ Breaking above could target $4,100, while failure may lead to $3,324.
(BNB price analysis)
๐ Struggles near $588, potential upside towards $645 if sustained above.
๐ป Bears need to defend $645 fiercely to prevent deeper correction.
(Solana price analysis)
๐ป Bears resist Solana at downtrend line, threatening short-term advantage.
๐ Bulls aim to break above downtrend line and target $267.
(XRP price analysis)
๐ XRP near 20-day EMA, uncertainty persists.
๐ Bulls need to defend key levels for upside continuation.
(Cardano price analysis)
๐ป Bears aim to keep Cardano below $0.68, indicating negativity.
๐ Bulls need to sustain above $0.70 for rally towards $0.81.
(Dogecoin price analysis)
๐ DOGE pulls back near $0.23 resistance, correction possible to $0.19.
๐ Bulls aim for $0.30 rally if $0.19 holds as support.
#Memecoins #BinanceLaunchpool #write2earnโฆ. #BTC๐ฅ๐ฅ๐ฅ๐ฅ #UNFI/LONG