back to top

Recent price charts indicate a potential upward trend for Bitcoin and altcoins

Bulls Aim to Regain Control of Bitcoin and Altcoins – Are the Charts Turning Bullish?
March 25 2026


Executive summary

  • Bitcoin (BTC) is testing a hard resistance zone around $72 000. A decisive break above $74 500 could reopen the pathway to the $80 k‑plus region.
  • Exchange‑flow data show a net outflow of BTC throughout March, hinting at genuine accumulation rather than short‑term speculation.
  • The “BTC Yardstick” metric places the cryptocurrency in a deep‑value zone, reinforcing the view that investors regard current prices as attractive.
  • Among the top‑10 cryptos, several exhibit bullish chart formations (ascending triangles, upward‑sloping EMAs), yet most also sit in tight ranges that could delay any breakout.

1. Bitcoin: The battle at $72 k

Current price action

Bitcoin has been hovering just below the $72 k ceiling for several sessions. The price is forming an ascending triangle on the daily chart, with a relatively flat upper trendline and a rising lower trendline. The 20‑day exponential moving average (EMA) sits near $70 300, while the Relative Strength Index (RSI) is anchored around the 50‑point midpoint, indicating a market in balance.

What the bulls need

To re‑establish a clear upside trajectory, Bitcoin must close above the $74 508 resistance level and sustain that level for at least one candle. Technical analysts project that clearing this barrier could trigger a move toward $84 000.

What the bears could force

A break beneath the lower trendline of the triangle would signal a loss of momentum, potentially pulling the pair down to the $62 500–$60 000 support zone.

Fundamental backdrop

  • Exchange outflows: CryptoQuant’s Darkfost notes that March has recorded consistent BTC withdrawals from exchanges, a pattern traditionally associated with long‑term accumulation.
  • Value perception: According to Charles Edwards of Capriole Investments, the BTC Yardstick—a composite valuation metric—places Bitcoin in a “deep‑value” state, the lowest since the 2022 bear market trough.

2. Altcoin outlook – chart patterns and price targets

Asset Key technical level Short‑term target Longer‑term upside target Bears’ downside scenario
Ethereum (ETH) $2 400 (resistance) $2 600 $3 050 Break below $2 111 → $1 900 → $1 750
Binance Coin (BNB) $687 (resistance) $730 $790 Slip under $600 → $570
XRP $1.61 (breakout level) $1.61 – (potential trend change) Drop below $1.27 → channel support
Solana (SOL) $95 (overhead) $117 Fall under $86 (50‑day SMA) → $76–$95 range
Dogecoin (DOGE) $0.10 (resistance) $0.12 Break under $0.09 → $0.06
Hyperliquid (HYPE) $43.77 (resistance) $50 Fall below $36.77 → $33.16 (50‑day SMA)
Cardano (ADA) $0.39 (downtrend line) $0.44 Break below $0.25 → channel support
Bitcoin Cash (BCH) $520 (relief rally) $520 Drop below $443 → $375
Chainlink (LINK) $11.61 (channel resistance) $14.98 Remain inside channel if rejected

Common themes

  • Flat EMAs & Mid‑range RSI: Most of the assets display a relatively flat 20‑day EMA and an RSI hovering near its midpoint, underscoring a market equilibrium where neither side has a clear advantage.
  • Range‑bound trading: Several coins (BNB, SOL, DOGE) are confined within narrow bands. Historically, prolonged range‑bound periods can precede strong breakouts, but they also increase the risk of false moves.
  • Resistance as a litmus test: For all ten coins, crossing the listed resistance levels is the critical catalyst for any sustained bullish run. Conversely, breaches of key moving averages or support zones often lead to rapid downside corrections.

3. Market sentiment and risk factors

  1. Geopolitical backdrop: Despite the ongoing US‑Israel‑Iran tensions, Bitcoin’s price action has shown resilience, suggesting that macro‑risk aversion is not yet translating into widespread sell‑offs.
  2. Liquidity dynamics: Persistent BTC outflows from exchanges may tighten on‑chain supply, supporting price stability if demand holds. However, a sudden influx of assets could reverse this trend.
  3. Valuation metrics: The declining Yardstick metric strengthens the narrative of Bitcoin being undervalued, potentially attracting value‑oriented investors.
  4. Technical uncertainty: The convergence of flat moving averages and neutral RSI readings across the top‑10 assets means that price movements in the near term may be driven more by news flow or macro events than by pure technical bias.

4. Key takeaways

  • Bitcoin must break $74.5 k to re‑ignite a bullish swing; failure to do so could see a retreat toward the $60 k support band.
  • Exchange outflows point to accumulation, but the magnitude of buying pressure remains insufficient to guarantee a new uptrend.
  • Altcoins are largely range‑bound, with the next decisive moves contingent on breaking identified resistance zones.
  • Technical indicators are neutral, implying that market direction will likely hinge on external catalysts (regulatory news, macro‑economic data, or significant on‑chain activity).

Outlook

While the charts for Bitcoin and many leading altcoins exhibit classic bullish formations, the current equilibrium between buyers and sellers keeps the market in a “wait‑and‑see” mode. Traders should monitor for clear, sustained breaches of resistance levels as the primary signal of a shift back toward bullish momentum. Until such confirmations appear, risk management and diversified exposure remain prudent strategies for participants in the crypto space.


Disclaimer: This article is for informational purposes only and does not constitute investment advice. Readers should conduct their own research before making any trading or investment decisions.



Source: https://cointelegraph.com/news/price-predictions-3-25-btc-eth-bnb-xrp-sol-doge-hype-ada-bch-link?utm_source=rss_feed&utm_medium=feed&utm_campaign=rss_partner_inbound

Exit mobile version