Thursday, May 26, 2022
WHATS DOGE
  • Home
  • Bitcoin
  • Dogecoin
  • Altcoin
  • Litecoin
  • Blockchain
  • Ethereum
  • Cryptocurrency
  • DeFi
  • Regulation
  • XRP
  • Videos
No Result
View All Result
WHATS DOGE
No Result
View All Result
Home XRP

BTC, ETH, XRP, EOS, TRX, DASH, LTC: Technical Analysis for March 2, 2021

admin by admin
March 2, 2021
in XRP
0
BTC, ETH, XRP, EOS, TRX, DASH, LTC: Technical Analysis for March 2, 2021
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter


Bitcoin (BTC) and Ethereum (ETH) have been rising since breaking out from short-term resistance traces on March 1, 2021.

XRP (XRP) is buying and selling in a spread between $0.36 – $0.63, presently being very near the previous.

EOS (EOS) has damaged out from a horizontal resistance space earlier than returning to it, probably validating it as assist. Nevertheless, it has but to provoke a bounce.

TRON (TRX) and Dash (DASH) have damaged out from long-term resistance areas at $0.043 and $185 respectively and validated them as assist after.

Equally, Litecoin (LTC) is within the strategy of validating the $170 space as assist.

 

Bitcoin (BTC)

On March 1, 2021, Bitcoin broke out from a descending wedge and has been transferring upwards since. To date, BTC has reached an area excessive of $50,200 earlier than lowering barely. 

The MACD and RSI are each bullish. The previous has practically crossed into optimistic territory whereas the latter has already moved above 50. 

The primary resistance space is discovered between $50,659-$52,485. A breakout above this vary would verify that the pattern is bullish.

BTC Chart By TradingView

Ethereum (ETH)

Much like BTC, ETH broke out from a short-term descending resistance line on March 1 and has been transferring upwards since. 

The breakout was preceded by appreciable bullish divergence in each the RSI and MACD. 

However, ETH has but to succeed in the primary resistance space discovered between the 0.5-0.618 Fib retracement ranges at $1,600-$1,750. 

Till ETH breaks out above the world and validates it as assist, we can not take into account the short-term pattern bullish.

ETH Chart By TradingView

XRP (XRP)

XRP has been lowering since being rejected by the $0.63 resistance space on Feb. 22. XRP reached an precise excessive of $0.65 however created an extended higher wick and has been transferring downwards since.

On the time of press, XRP was approaching the $0.36 assist space. 

Technical indicators are bearish, as evidenced by the bearish cross within the Stochastic oscillator and the RSI lower beneath 50.

XRP Chart By TradingView

EOS (EOS)

EOS has been lowering because it was rejected by the long-term $5.50 resistance space on Feb. 14.

The lower has taken all of it the best way to the $3.65 space, which beforehand acted as resistance and is now anticipated to behave as assist. The world can also be the 0.618 Fib retracement stage of the newest upward transfer. 

Regardless of being at assist, EOS has did not provoke a bounce. Moreover, technical indicators are bearish and fail to substantiate a reversal. 

EOS Chart By TradingView

TRON (TRX)

TRX has been lowering since Feb. 19, when it reached an area excessive of $0.045. The drop took it to an area low of $0.038 on Feb. 23. 

Regardless of the numerous lower, TRX has created a decrease wick in increased time-frames and managed to carry on above the $0.043 space.

The world beforehand acted as resistance for greater than two years however has now been validated as assist. So long as TRX is buying and selling above this stage, the pattern is taken into account bullish.

Technical indicators assist this situation. The MACD, RSI, and Stochastic oscillator are all rising. 

If TRX manages to clear the $0.065 resistance space (0.618 Fib retracement stage), the following resistance can be discovered at $0.10.

TRX Chart By TradingView

Sprint (DASH)

DASH has been lowering since reaching a excessive of $365 on Feb. 19. The drop has taken it again to the $185 space. This had beforehand been a resistance stage since September 2018 till DASH lastly broke out originally of February 2020. 

Due to this fact, the present drop appears like a validation of this stage as assist.

So long as DASH is buying and selling above this stage, the pattern is taken into account bullish. This situation can also be supported by technical indicators, as evidenced by the bullish cross within the Stochastic oscillator

DASH Chart By TradingView

Litecoin (LTC)

LTC has been lowering since a excessive of $246 was reached on Feb. 18. The drop has taken all of it the best way to the $170 space, which beforehand acted as a resistance. LTC is within the strategy of validating the world as assist.

The MACD and Stochastic oscillator are rising, and there’s a hidden bullish divergence within the weekly RSI — a robust signal of pattern continuation.

So long as LTC is buying and selling above this stage, it’s anticipated to proceed rising in the direction of the earlier excessive at $246 and probably the all-time excessive resistance space at $315.

LTC Chart By TradingView

For BeInCrypto’s newest Bitcoin (BTC) evaluation, click here.

Disclaimer


All the knowledge contained on our web site is revealed in good religion and for basic info functions solely. Any motion the reader takes upon the knowledge discovered on our web site is strictly at their very own threat.



Source link

Related articles

Ripple (XRP) Closes Last Hour Down $0.00; in a Downtrend Over Past 14 Days, Pin Bar Pattern Appearing on Chart

Ripple (XRP) Closes Last Hour Down $0.00; in a Downtrend Over Past 14 Days, Pin Bar Pattern Appearing on Chart

July 13, 2021
Ripple execs file new motion – What does it mean for their XRP sales contention?

What could trigger this outcome on XRP

July 12, 2021
Tags: analysisBTCDashEOSETHLTCMarchTechnicalTRXXRP
Share76Tweet47
Previous Post

Bitcoin Still ‘Early’ Despite Huge 500% Price Rally—$28 Billion Asset Manager

Next Post

SAVE OUR CRYPTO: BUILDING A CRYPTO PORTFOLIO

Related Posts

Ripple (XRP) Closes Last Hour Down $0.00; in a Downtrend Over Past 14 Days, Pin Bar Pattern Appearing on Chart

Ripple (XRP) Closes Last Hour Down $0.00; in a Downtrend Over Past 14 Days, Pin Bar Pattern Appearing on Chart

by admin
July 13, 2021
0

The Hourly View for XRP Final Up to date July 13, 2021, 02:049 GMT At the moment, XRP’s value...

Ripple execs file new motion – What does it mean for their XRP sales contention?

What could trigger this outcome on XRP

by admin
July 12, 2021
0

Shaking off the weekend promoting strain, the broader cryptocurrency market began the brand new week on a bullish observe....

Bitcoin, Ethereum & Elrond – Asian Wrap 10 Feb

Big crypto needs to prove itself as downside risk multiplies

by admin
July 12, 2021
0

Bitcoin value closed the week down -2.9% however remained nicely above the 50-week easy shifting common (SMA). Ethereum value...

XRP Price Analysis: Range Trading As Market Dips, Elizabeth Warren Gives SEC Deadline on Crypto Regulation

XRP Price Analysis: Range Trading As Market Dips, Elizabeth Warren Gives SEC Deadline on Crypto Regulation

by admin
July 12, 2021
0

XRP (XRP) continues its vary buying and selling whereas awaiting the subsequent main transfer On the time of writing,...

XRP, Dogecoin, Cardano Price Analysis: 12 July

XRP, Dogecoin, Cardano Price Analysis: 12 July

by admin
July 12, 2021
0

After buying and selling with combined alerts over the past week, cryptocurrencies confirmed indicators of restoration in the present...

Load More

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

6 + eight =

No Result
View All Result

Recent Posts

  • Web3 will be key to the future of China’s internet, says security regulator
  • Ukraine’s President Signs Virtual Assets Bill Legalizing Cryptos
  • Binance Bags Specialist License From Dubai’s Virtual Asset Regulatory Authority
  • Democrat division over crypto isn’t all bad news for regulation
  • Congress members concerned SEC stifling innovation with crypto scrutiny

Recent Comments

    Archives

    • March 2022
    • February 2022
    • January 2022
    • December 2021
    • November 2021
    • October 2021
    • September 2021
    • August 2021
    • July 2021
    • June 2021
    • May 2021
    • April 2021
    • March 2021
    • February 2021

    Categories

    • Altcoin
    • Bitcoin
    • Blockchain
    • Cryptocurrency
    • DeFi
    • Dogecoin
    • Ethereum
    • Litecoin
    • Regulation
    • Videos
    • XRP

    Meta

    • Log in
    • Entries feed
    • Comments feed
    • WordPress.org

    Categories

    • Altcoin
    • Bitcoin
    • Blockchain
    • Cryptocurrency
    • DeFi
    • Dogecoin
    • Ethereum
    • Litecoin
    • Regulation
    • Videos
    • XRP

    Follow Us

    Contact Us

    • Privacy & Policy
    • About Us
    • Contact Us

    © 2021 Whats Doge

    No Result
    View All Result
    • Home
    • Bitcoin
    • Dogecoin
    • Altcoin
    • Litecoin
    • Blockchain
    • Ethereum
    • Cryptocurrency
    • DeFi
    • Regulation
    • XRP
    • Videos

    © 2021 Whats Doge

    This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.