Price analysis 3/21: BTC, ETH, XRP, BNB, SOL, ADA, DOGE, TON, LINK, LEO
Bitcoin's recovery faces selling pressure at higher levels, indicating ongoing bearish sentiment. Analysts suggest potential for limited downside even as the Federal Reserve slows quantitative tightening. Key price levels for Bitcoin show that a rebound above $87,500 could increase momentum, while a drop below the uptrend line may lead to declines toward $76,606 or lower. Ether's recovery is hindered by resistance at the 20-day EMA, with critical support near $1,750. XRP buyers defend the $2 level to avoid a bearish pattern, while BNB shows slight bullish signs at the 20-day EMA. Solana and Cardano show selling resistance at their respective moving averages, indicating possible support levels at $110 and the uptrend line. Dogecoin remains under pressure, and Toncoin seeks support at the 20-day EMA to maintain upward momentum. Chainlink's selling pressure below the 20-day EMA faces crucial support at $12, while LEO struggles near $10, necessitating a decisive breakout to confirm bullish potential.
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