Crypto Currency News
Bitcoin
$65,777.25
+710.52
Ethereum
$3,581.09
+42.23
Litecoin
$75.17
+1.25
DigitalCash
$23.85
+0.37
Monero
$169.47
+0.72
Nxt
$0.00
0
Ethereum Classic
$24.47
+0.58
Dogecoin
$0.13
0

Bitcoin, Ethereum, Ripple, Monero, IOTA

Bitcoin

Bitcoin price soared around 10% overall this week as it jumped above the $ 6,000 mark and hit the resistance at $ 6,800. It managed to get as high as $ 7,000 but failed to break above $ 6,800 in the last 4 days of trading and recently rose to $ 6,640.

From the top, the first resistance line to break is at $ 6,800. Above that, resistance is at $ 7,000, $ 7,200 (bearish .5 fib retracement), $ 7,500, $ 7,700 and $ 8,000 (bearish .618 fib retracement & 100-day EMA).

From below, the first level of support is at USD 6,400. Below that, support is at the lower bound of the rising price channel, $ 6,000, $ 5,450, and $ 5,000. This is followed by $ 4,800.

BTC / USD. Source: TradingView

ether

Ethereum is up around 7.5% from its low seven days ago as it trades at the $ 135 level. It struggled to break above $ 140 this week causing it to trade within an ascending triangle consolidation pattern. A break in this triangle will give ETH the next direction.

On the upside, resistance at the top of the triangle is $ 140. Above that, resistance is at $ 145, $ 150, $ 165 (bearish 0.382 fib retracement) and $ 180 (100-day EMA).

On the flip side, support is at $ 135. Below that, there is support for the rising trendline at $ 120, $ 110 and $ 105.

ethusd_mar27ETH / USD. Source: TradingView

Versus Bitcoin, ETH fell below the crucial support at 0.0215 BTC that was highlighted last week. It continued to fall until it hit the most recent support at 0.0201 BTC. A drop below 0.02 BTC will likely drop ETH to 0.0185 BTC versus Bitcoin.

From below, the support is at 0.0201 BTC and 0.02 BTC. Below that, the support is at 0.0196 BTC (0.786 Fib Retracement), 0.0192 BTC (below 1.272 Fib Extension) and 0.0185 BTC (0.886 Fib Retracement).

From above, the resistance is at 0.021 BTC. Above that, the resistance is at 0.0215 BTC, 0.022 BTC and 0.0225 BTC (100-day and 200-day EMA).

ethbtc_mar27ETH / BTC. Source: TradingView

Ripple

XRP saw a significant 19% rise in price from last week’s low as the cryptocurrency managed to climb above an ascending triangle and hit $ 0.18. It has since fallen, trading at $ 0.175.

From above, resistance is at $ 0.18, $ 0.191 (bearish 0.618 fib retracement), $ 0.20 and $ 0.217, respectively.

From the bottom, support is at $ 0.171. Below that, the support is at $ 0.161, the rising trendline, $ 0.155, $ 0.14, and $ 0.136.

xrpusd-mar27XRP / USD. Source: TradingView

Against Bitcoin, XRP fell below the strong support at 2500 SAT to hit a new 2020 price low at 2360 SAT. That level had supported the market in September 2019 and allowed XRP to rebound. It is now trading over 2600 SAT.

From the top, the first resistance level is 2710 SAT. Above this, the resistance is at 2750 SAT, 2800 SAT and 2850 SAT.

On the other hand, the first level of support is at 2600 SAT. Below this is the support for 2525 SAT, 2500 SAT and 2455 SAT.

xrpbtc-mar27XRP / BTC. Source: TradingView

currency

Monero saw an impressive 20.5% rise in price this week as it topped the $ 50 mark again. It fell as low as $ 31.85 during the market crash in March, but then rebounded from here and started a sharp rise. It is now facing resistance at USD 51.70 (bearish 0.382 fib retracement).

If the bulls break through $ 51.70, the resistance will be at $ 60 (bearish 0.5 fib retracement), $ 63.44 (1.414 fib expansion), and $ 68 (bearish 0.618 fib Retracement).

From below, support is at $ 44.45, $ 40, $ 38.50, and $ 31.85.

xmrusd-mar27XMR / USD. Source: TradingView

Against Bitcoin, XMR fell as low as 0.0065 BTC before bouncing back this week. It managed to climb back above 0.070 BTC and hit as high as 0.0076 BTC, which is where the declining resistance of 0.5 Fibonacci retracement lies.

When the bulls break through 0.007 BTC, the resistance will be at 0.077 BTC and 0.008 BTC (bearish 0.618 Fib retracement). Above this, the resistance is at 0.0082 BTC (1.414 Fib Extension).

Alternatively, you can find support at 0.0072 BTC, 0.0070 BTC (.618 Fib Retracement), and 0.0068 BTC.

xmrbtc-mar27XMR / BTC. Source: TradingView

JOTA

IOTA is up about 8% this week, but it’s trapped in an ascending triangle pattern. It is struggling at the $ 0.151 resistance and needs to break here to go up.

If buyers break above $ 0.151, resistance is expected at $ 0.16 and $ 0.175 (bearish 0.382 fib retracement). This is followed by resistance at $ 0.18 and $ 0.20.

From below, support is at $ 0.14 and the rising trendline. Below that is the support at $ 0.12, $ 0.108, and $ 0.10.

iotausd-mar27IOTA / USD. Source: TradingView

Compared to Bitcoin, IOTA fell to a new 2020 low at the 2100 SAT level. This level provided strong support to the market in August 2019 and should hold the market in the future.

When 2100 SAT breaks, the support is 2000 SAT, 1850 SAT (below 1.272 Fib Extension), 1900 SAT and 1885 SAT.

On the other hand, the resistance is at 2200 SAT. Above that, the resistance is at 2300 SAT, 2460 SAT (bearish 0.236 Fib retracement) and 2600 SAT (100-day EMA).

iotabtc-mar27IOTA / BTC. Source: TradingView

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