The Bitcoin (BTC) Bulls are about to begin a recovery, but sales at higher levels continue to disarm each attack at high range. Veteran trader Peter Brandt said in an X post that Bitcoin has broken down the bear wedge pattern, giving it a $65,635 target target.
According to Nic Puckrin, founder of Coin Bureau, the current macroeconomic environment and the fear of a long-term trade war created a 40% chance of a recession in 2025. Puckrin said the recession and current macroeconomic uncertainty could put pressure on dangerous assets such as cryptocurrencies.
Crypto Market Data Daily View. Source: Coin360
However, not everyone is weakening to Bitcoin any time soon. Analyst Stockmoney Lizards said in a post on X that Bitcoin’s local bottom could be between $82,000 and $80,000. Analysts expect Bitcoin to turn back next week.
If Bitcoin begins to recover, the selected Altcoins may move higher. Let’s take a look at the top cryptocurrency charts showing bullish setups.
Bitcoin price analysis
The failure of Bitcoin to rise above the resistance line could have tempted traders to sell. The Bears are trying to pull prices towards a key $80,000 support.
BTC/USDT Daily Chart. Source: CointeLegraph/TradingView
The 20-day exponential moving average ($85,253) is flat, and the relative strength index (RSI) is just below the midpoint, bringing a slight advantage to the bear. For a $80,000 support crack, the BTC/USDT pair could plummet to $76,606.
Meanwhile, if prices rise from current levels or $80,000, the outlook for meetings above the resistance line will improve. If that happens, it suggests the end of the revision phase. The pair can go up to $95,000 and then up to $100,000.
BTC/USDT 4-hour chart. Source: CointeLegraph/TradingView
20-EMA was turned down on a 4-hour chart, and RSI is in negative territory, indicating that the bear is under control. When the price drops from the current level, the pair can slide to $80,000 and then $78,000.
Buyers must drive and maintain prices above 20-EMA to signal strength. The pair can then rise to the line of resistance. This is an important resistance to be aware of. The bullish momentum is expected to start with a break of over $89,000.
Toncoin price analysis
Toncoin (Ton) bounced back from the moving average on March 30th, showing positive emotions.
Ton/USDT Daily Chart. Source: CointeLegraph/TradingView
20 Days UPSLOPING 20 Days ($3.58) and the RSI in the Positive Zone show benefits for buyers. The Bulls try to strengthen their position by pushing prices above $4.14. If they can pull it out, the Ton/USDT pair will start a new Upmove up to $5, then $5.65.
Sellers will need to pull a price below $3.3 support to seize control. Such a movement signal remains a seller at the meeting. The pair plunged to $2.81, eventually reaching $2.64.
ton/usdt 4-hour chart. Source: CointeLegraph/TradingView
The pair emerges from the uptrend line, indicating that the Bulls view dip as an opportunity to buy. The pair could reach an overhead resistance of $4.14, and it is expected that the bears will intervene. However, when the buyer stabs resistance, the pair can start the next leg of the upmaube towards $5.
The bears will return to the driver’s seat if they sink and maintain prices under the uptrend line. The pair could then drop to $3.28.
Chronos price analysis
Cronos (CRO) erupted from the moving average on March 24th, indicating that the cave may have ended.
CRO/USDT Daily Chart. Source: CointeLegraph/TradingView
The CRO/USDT pair faces sales of nearly $0.12, but the positive indication in favor of the Bulls is that they do not allow them to maintain support below $0.10 in price. This suggests that buyers are trying to form a higher or lower one. If the Bulls push the price up above $0.12, the pair could ralliate towards $0.14.
The seller may have other plans. They try to sink below moving average prices and lock up aggressive bulls.
CRO/USDT 4-hour chart. Source: CointeLegraph/TradingView
The pair are bound to range between $0.10 and $0.12, indicating indecisiveness between bulls and bears. The 20-EMA is gradually tilted, with the RSI just above the midpoint giving the Bulls a slight edge. A break and closure above $0.11 will increase the chances of a rally exceeding $0.12.
Sellers will return to the driver’s seat if they sink and maintain a price below 50-SMA. This could potentially reduce the pair to $0.08.
Related: Is XRP prices an opportunity around $2 or the end of the bull market? Analyst weight
Mantle price analysis
The Mantle (MNT) has failed to exceed the 50-day SMA ($0.84) over the past few days, but the positive sign is that the Bulls are trying to hold a price that exceeds the 20-day EMA ($0.80).
MNT/USDT Daily Chart. Source: CointeLegraph/TradingView
If the price rebounds in strength from a 20-day EMA, it suggests a change in sentiment from selling at the assembly to buying at the dip. This improves your prospects for breaks beyond the 50-day SMA. In that case, the MNT/USDT pair could rise to $0.94 and later rise to $1.06.
Contrary to this assumption, if prices continue and fall below $0.77, they will lean short-term advantage in favor of the bear. The pair then falls to $0.72, allowing them to delay the start of UP Move.
MNT/USDT 4-hour chart. Source: CointeLegraph/TradingView
The four-hour chart faces a rigid resistance of $0.85. The pair can soak up $0.77, but this is an important support to watch out for. If the price rebounds from $0.77, it indicates that the Bulls are buying it at Dip. This will cause the pair to chock between $0.77 and $0.85 for a while. A break and closing above $0.85 could push the pair up to $0.95.
Sellers must subtract prices below $0.77 to gain an advantage. The pair could then be $0.69.
Render price analysis
The Render (RNDR) has been going strong for weeks, but the Bulls pushed prices up above the 50-day SMA ($3.77) on March 25th, showing demand at a low level of demand.
RNDR/USDT Daily Chart. Source: CointeLegraph/TradingView
The Bears pulled the price into a 20-day EMA ($3.57). This is an important level to be aware of. If the price rebounds the 20-day EMA with force, the Bulls will try to push the RNDR/USDT pair to $5, which will later be $6.20.
This positive view will be void in the short term if prices go low and fall below $3.05. It shows aggressive sales at a higher level. The pair will go up to $2.83 and then $2.52.
RNDR/USDT 4-hour chart. Source: CointeLegraph/TradingView
20-EMA has been turned down and RSI is in the negative territory of the 4-hour chart, indicating an advantage for sellers. Closed below the break and uptrend line will further strengthen the bear, reducing the pair to $3.
The first sign of strength is breaks and closes above the moving average. It can open the door up to $4 for a rally. After the pair closes above $4.20, UP’s movement can accelerate, completing a bullish head and shoulder pattern.
This article does not include investment advice or recommendations. All investment and trading movements include risk and readers must do their own research when making decisions.
