Original U.Today article

BTC, ETH, AVAX and SOL Price Analysis for March 19

Can the current market bounceback transform into mid-term growth?

Sat, 19/03/2022 - 14:55

BTC, ETH, AVAX and SOL Price Analysis for March 19

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The weekend has begun with the continued rise of the cryptocurrency market as all of the top 10 coins are in the green zone.

BTC/USD

Bitcoin (BTC) keeps rising after the breakout of the $41,000 mark. It has risen by 3.60% over the last 24 hours.

Bitcoin (BTC) is approaching the resistance level at $45,854 on the daily chart, which means that bulls might have accumulated enough power for a breakout. If that happens and the daily candle fixes above the $46,000 mark, one can expect further growth to another level at $52,000 soon.

Bitcoin is trading at $41,883 at press time.

ETH/USD

Ethereum (ETH) has gained more than Bitcoin (BTC) with a rise of 5.40%.

From the technical point of view, Ethereum (ETH) is trading similarly to BTC as it is also about to break the resistance level. Buyers need to get to the vital $3,000 mark to keep the mid-term growth going.

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Moreover, the buying trading volume is rising, confirming bulls' power.

Ethereum is trading at $2,950 at press time.

AVAX/USD

Avalanche (AVAX) is the biggest gainer today as the price of the altcoin has rocketed by 17%.

AVAX is not an exception from the rule as it has successfully crossed the $80 mark and is about to test the $100 mark soon. At the moment, one needs to pay close attention to the daily closure. If bulls manage to return the rate to $90, the important $100 mark can be attained next week.

AVAX is trading at $88.56 at press time.

SOL/USD

Solana (SOL) is not an exception to the rule, going up by 6.48%.

Despite the growth, SOL is far away from its resistance level at $130. However, the trading volume is going up, which means that buyers have chances to keep the rise going. If they can get to $100, there is a high probability to see an upward move next week.

SOL is trading at $91.20 at press time.

#Bitcoin Price Prediction #Ethereum Price Prediction #AVAX price prediction #Solana Price Prediction

About the author

Denys Serhiichuk

With more than 5 years of trading, Denys has a deep knowledge of both technical and fundamental market analysis. Mainly, he has started his blog on TradingView where publishes all relevant information and makes predictions about top coins.
Thus, his experience is backed up by working in top blockchain related companies such as W12, Platinum Listing, ATB Coin, and others, can be contacted at denys.serhiichuk@u.today.