Fill in the blanks. Consolidation below resistance is _____ | BeyOglu - The Analyst on Binance Square

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Fill in the blanks.Consolidation below resistance is _______ ?
#bitcoin

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$XRP could rally 10%, shows signs of recovery #XRP trades at $2.3386 at the time of writing on Monday. The altcoin gained nearly 2% on the day, and the momentum indicators on the daily price chart support gains in XRP. The 50% Fibonacci retracement of XRP’s decline from the peak of $3.40 to the February low of $1.7711 — at $2.5856 — is a key resistance for the altcoin. A rally to this level could mark 10% gains in XRP. The RSI reads 48 and is sloping upward, while the MACD flashes green histogram bars above the neutral line. In the event of a flash crash in Bitcoin, altcoins like XRP and Ether could face a correction. XRP could find support at the multi-month low of $1.7711 if there is a serious decline in the altcoin’s price. #beyoglu #StrategySmallestBTC

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#Ethereum could test psychologically important $2,000 leve Ethereum trades at $1,902 at the time of writing. The largest altcoin in the crypto market looks prepared to test the psychologically important $2,000 level and attempt to close above the resistance. The $2,000 level holds significance as it remained as key support for Ethereum for over a year, as observed on the ETH/USDT daily price chart. A 5% rally from the current price could push Ether to $2,000. A successful daily candlestick close above the $2,000 mark could push the altcoin toward resistance at the lower boundary of the Fair Value Gap (FVG) at $2,533. The rally to $2,533 would mark an over 30% gain from the current $ETH price. Two key momentum indicators, the RSI and MACD, support Ether’s recent gains. The RSI is sloping upward and reads 34, while the MACD shows an underlying positive momentum in Ethereum price trend. A failure to test the $2,000 level could imply weakness in Ether’s price trend and the nearly 16-month low at $1,754 could come into play as support.

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#Bitcoin ready to cover lost ground, eyes return above $90,000 Bitcoin trades at $83,000 at the time of writing. Technical indicators on the BTC/USDT daily price chart support a thesis of gains in the largest cryptocurrency. The Relative Strength Index (RSI) reads 42 and is sloping upward. The Moving Average Convergence Divergence (MACD) indicator flashes green histogram bars above the neutral line. The Bitcoin price trend has an underlying positive momentum on the daily timeframe. The two key momentum indicators support Bitcoin’s gains, and a return to resistance at the $90,000 level is likely. $BTC price is currently 8.35% away from the $90,000 resistance. The $90,000 level is key to Bitcoin price since the token has been hovering under this level since March 7, as observed in the BTC/USDT chart below: #beyoglu

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Top 3 Price Prediction Bitcoin, Ethereum, Ripple: BTC, ETH, XRP gain as MicroStrategy buys $10.7 mil

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the whale opened BTC short position worth millions of dollar is now making profit. #beyoglu

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