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Bitcoin (BTC) Price Prediction for March 28. BTC/USD. The price of Bitcoin (BTC) has risen by 2.13% over the last day. On the hourly time frame, traders should focus on the level of $70,912. If the daily bar closes above it, the upward move may lead to a test of the $72,000 zone tomorrow. On the bigger chart, bulls are also more powerful than bears. If the bar closes near the current prices, there is a possibility to see a breakout, followed by a move to a new all-time high. On the weekly time frame, buyers may have seized the initiative. However, one should wait until the bar closes. If it happens above $73,000 and with no long wick, we should expect a test of $75,000 shortly. Bitcoin is trading at $71,380 at press time.

Bitcoin (BTC) Price Prediction for March 28.

BTC/USD.

The price of Bitcoin (BTC) has risen by 2.13% over the last day.

On the hourly time frame, traders should focus on the level of $70,912. If the daily bar closes above it, the upward move may lead to a test of the $72,000 zone tomorrow.

On the bigger chart, bulls are also more powerful than bears. If the bar closes near the current prices, there is a possibility to see a breakout, followed by a move to a new all-time high.

On the weekly time frame, buyers may have seized the initiative. However, one should wait until the bar closes.

If it happens above $73,000 and with no long wick, we should expect a test of $75,000 shortly.

Bitcoin is trading at $71,380 at press time.

Haftungsausschluss: enthält Meinungen Dritter. Die hier bereitgestellten Informationen stellen keine Finanzberatung dar. Siehe AGB.
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DOGE Price Prediction for April 16. DOGE/USD. The rate of DOGE has declined by 2.80% since yesterday. On the hourly chart, the price of DOGE is bearish as the rate is about to break the local support of $0.1495. If that happens, the fall may lead to the test of the $0.14 zone shortly. On the bigger time frame, the rate is far from key levels. In this case, one should pay attention to the daily bar's closure in terms of yesterday's low at $0.15. If it happens below that mark, the decline may continue to the $0.135-$0.14 range. From the midterm point of view, the price is falling after a failed attempt to fix above the interim level of $0.16. If the decline continues, traders may expect a test of the support level of $0.1260 until the end of the month. DOGE is trading at $0.1504 at press time.
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SHIB Price Prediction for April 16. SHIB/USD. The rate of SHIB has declined by 2.49% over the last 24 hours. Despite today's fall, the price of SHIB is looking bullish on the hourly chart as it is trading near the local resistance. If buyers can hold the gained initiative, there is a chance to see a breakout, followed by a move to the $0.000023 zone. On the bigger time frame, the situation is neutral as the rate of SHIB keeps accumulating energy. As none of the sides is dominating, consolidation in the area of $0.000020-$0.000024 is the more likely scenario until the end of the week. From the midterm point of view, the picture is quite similar. The volatility has declined, confirming the absence of buyers' and sellers' strength. Traders may expect sideways trading around current prices within the next few days. SHIB is trading at $0.00002216 at press time.
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Binance to List Six Major Trading Pairs: Details. In a strategic move to expand its list of trading choices, Binance, the world's leading cryptocurrency exchange, has announced the addition of six new trading pairs to the Binance Spot platform. This development is set to enhance the trading experience for Binance users by providing more options and flexibility in their trading strategies. The six new trading pairs set to join Binance's platform encompass a variety of cryptocurrencies, including top Al token Render (RNDR), ATOM, the native token of the Cosmos blockchain; DeFi Thorchain's Rune token and others. As stated in an official blog post, Binance will open trading for the trading pairs ATOM/USDC, CFX/USDC, POLYX/TRY, RNDR/USDC, RUNE/USDC and SAGA/USDC on April 17 at 8:00 a.m. (UTC) and also enable trading bot services. Trading bot services include Spot Grid, Spot DCA and Rebalancing Bot for SAGA/USDT; Spot Algo Orders for ATOM/USDC, CFX/USDC, POLYX/TRY, RNDR/USDC, RUNE/USDC and SAGA/USDC. Binance, however, noted in its blog post that the trading of the aforementioned new trading pairs might be subject to eligibility based on the user's country or region of residence. The recent listing move marks a significant step forward for the exchange as it continues to grow its platform and provide users with access to a diverse range of digital assets. In another batch of listings, Binance Futures will be launching on April 18 the ARBUSDC and NEOUSDC Perpetual Contract, both with up to 50x leverage, and the FILUSDC Perpetual Contract with up to 75x leverage. In a significant milestone, Binance US has welcomed Martin C. Grant, former New York Fed Chief Compliance and Ethics Officer, to its board. Grant, who has over three decades of regul atory, legal and compliance experience in government and the digital asset market, will help Binance expand its compliance- first strategy and manage financial reporting systems and internal controls.
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Ethereum (ETH) Price at Major Risk as Analyst Points to Crucial Support Levels. The crypto market is experiencing heightened volatility, with Ethereum (ETH), the second-largest cryptocurrency by market capitalization, facing significant downward pressure. In a recent market analysis, renowned crypto analyst Ali Martinez issued a cautionary note regarding the ETH price. Martinez advised that if the downturn continues, one should monitor the critical support zone for Ethereum, which is between $2,000 and $2,430. He noted that within this range, approximately 9.37 million addresses hold nearly 53 million ETH. He said that a breach of these levels could trigger intensified selling pressure, potentially leading to further downside for the Ethereum price. As of the latest market data, ETH is currently trading at $3,072, reflecting a decline of 5.13% over the past 24 hours. The asset's performance over the past week is even more alarming, with a notable drop of 15.60%. This steep decline comes amid a broader market sell-off driven by recent geopolitical tensions, which have cast a shadow over the entire crypto market. Importance of support zone. The identified support zone is crucial for several reasons. First, the significant volume of Ethereum held in this price range across a multitude of addresses suggests that many investors have vested interests in these levels. A sustained breach of these support levels could trigger automated sell orders and further exacerbate the selling pressure on Ethereum. Second, the recent market volatility has been influenced by a confluence of factors, including regulatory uncertainties and broader macroeconomic conditions. These factors have created a challenging operating environment for ETH and other cryptocurrencies, leading to increased market uncertainty and investor caution. Furthermore, recent geopolitical tensions have added a layer of complexity to the market dynamics, with investors seeking safe-haven assets and reevaluating their risk tolerance levels.
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Massive 10,701 ETH Transfer by Whale to Exchange as Ethereum Price Drops. In a move that has triggered attention in the cryptocurrency community, an Ethereum whale recently offloaded all 10,701 ETH, equivalent to approximately $33 million, on popular exchange Binance. On-chain analytics firm Lookonchain reports a crypto whale who sold all their 10,701 ETH stash worth $33 million on Binance to repay a debt in recent hours. The whale went long on ETH by depositing ETH on the compound protocol and borrowing USDT to buy more ETH. The whale's decision to liquidate such a large amount of Ethereum in a single transaction has drawn attention due to its timing amid ongoing market volatility and uncertainty. Ethereum, the second-largest cryptocurrency by market capitalization, has experienced significant price fluctuations in recent weeks, with its value oscillating between $2,850 and $3,729 since the start of April. At the time of writing, ETH was down 4.92% in the last 24 hours to $3,076, extending its loss into the second day from April 15 highs of $3,281. The sale of the 10,701 ETH stash on Binance was executed as Ethereum's price experienced a downturn, which is often a trigger for large holders to liquidate their positions in an attempt to minimize losses, repay debt or free up capital for other investments. in the case of this particular whale, it was to repay debt. The timing of the sale, however, resulted in the whale realizing a $4 million loss, a significant sum even for a large-scale investor. What makes this sell-off particularly noteworthy is that it marks the second loss-making move by the same Ethereum whale. According to Lookonchain, the whale had previously incurred a loss of approximately $500,000 as a result of selling their ETH holdings at a lower price than when they acquired them. This raises questions about the whale's trading strategy and their ability to accurately time the market.
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