EXCHANGE

WISE Saving

PARTNERSHIP

PROMOTION

NEWS & RESEARCH

Research

Market Research

Cryptocurrency Market Overview - 30 March 2021

Source: Wisebitcoin 2021-03-30

 BTCUSDT 

 Technical view

btc 30 march 2021

We will be bearish as long as the pair is trading below a strong resistance level that is 58236.55. Therefore, we are bearish as long as the pair is trading below it. Our first target is 53256.22 followed by 50783.49. On the other hand, if the level of 58236.55 is broken, it might continue going upwards to reach 59838.61.

 Important Support and Resistance levels

Resistance Levels Support Levels
61719.29 53256.22
59838.61 50783.49
59838.61 48000.00
Recommended:
We are bearish as long as the pair is trading below the level of 58236.55.

 ETHUSDT 

 Technical view

eth 30 march 2021

We are still waiting for the pair to reach one of the following levels: Bullish- If the pair reaches the level of 1545.94 and shows up bullish evidence above it, we might go long to target 1942.73. Bearish- If the pair reaches the level of 1942.73 and shows up bearish evidence below it; we might go short to target the level of 1545.94.

 Important Support and Resistance levels

Resistance Levels Support Levels
2031.44 1545.94
1970.11 1450.00
1942.73 1369.62
Recommended:
Waiting for the pair to reach one of the levels mentioned in the report.

 XRPUSDT 

 Technical view

xrp 30 march 2021

We will be following the same factors as yesterday. As could be seen on the chart above that the pair is trading below a strong resistance level that is 0.5964. Therefore, we are bearish as long as the pair is trading below it. Our first target is 0.4262 followed by 0.3758. On the other side, if the level of 0.5964 is broken, it might continue going upwards to reach 0.6380.

 Important Support and Resistance levels

Resistance Levels Support Levels
0.7000 0.4262
0.6380 0.3758
0.5964 0.3500
Recommended:
We are bearish as long as the pair is trading below the level of 0.5964.

Losses can exceed your deposits.