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Price Today BTC,ETH,BNB,XRP,ADA,SOL

 Bitcoin and large altcoins are immersed in their fast-paced support levels, opening the way for a potential help meeting in the short term.

U.S. stock markets are trying to recover after weeks of continuous trading. In line with the same lines, on-chain monitoring resource Material Indicators expect the crypto market to recover, but expects Bitcoin (BTC) to spend some time in the distance before the “real breakout.”

Although symptoms of temporary recovery may be present, continuous recovery may be difficult because of the extreme circumstances. Kristalina Georgieva, executive director of the International Monetary Fund, wrote on the website that the world economy is experiencing “the greatest test since World War II.”

Can Bitcoin and altcoins be able to overcome their resistance levels quickly and start a relief conference? Let’s read the charts of the top-5 cryptocurrencies to find out.

BTC / USDT

Bitcoin held a support of $ 28,630 on May 20, indicating that bulls are buying at lower levels. Consumers are pushing the price above the downtrend line, which is the first sign of recovery.

If buyers keep the price above the downtrend line, BTC / USDT pairs can participate in a 20-day moving average (EMA) ($ 31,758). Bears are likely to defend the 20-day EMA violently because a break and close above could clear the way for a possible meeting at the 61.8% Fibonacci retracement level at $ 34,823.

Otherwise, if the price drops from the current level or the 20-day EMA, it will suggest that the feeling remains negative and traders are trading in circles. Bears will have to immerse themselves in the price of less than $ 28,630 to clear the way for a possible re-examination of the key support at $ 26,700.

ETH / USDT

Ether (ETH) came out of the uptrend on May 21, indicating that bulls are buying dips at this level. Buyers will now try to push the price into a heated argument at $ 2,159 where bears may pose a strong challenge.

If the price drops from overhead resistance, it may drop to the uptrend line. This is an important level that you should always be looking for in the short term. If the price returns to the uptrend line, it could improve the break-up of more than $ 2,159. If that happens, the ETH / USDT couple can try to raise up to $ 2,500.

On the other hand, if the price turns from the current level or overhead and breaks below the uptrend line, it would suggest that the couple may remain stuck between $ 2,159 and $ 1,700 for a few days.

BNB / USDT

Bulls have pushed the BNB over the 20-day EMA ($ 324), which is the first sign that the trend is likely to end.

If buyers keep the price above the 20-day EMA, the BNB / USDT pair can reach $ 350 and later become a simple 50-day moving average (SMA) ($ 374). Bears may again try to stop going up to this point. If the price drops in this area but closes the 20-day EMA, it will increase the chances of a break over the 50-day SMA.

This bullish look will not work in the short term if the price drops and breaks below $ 320. That could indicate bear sales at higher levels. The couple may gradually drop to $ 286.


XRP / USDT

Ripple (XRP) is trying to recover after bulls successfully secured a quick support of $ 0.38 on May 19. Buyers will now try to push the price into the 20-day EMA ($ 0.47).

Decreasing moving averages and RSI in the negative zone indicate that bears have a high hand. Traders will try to vigorously defend the 20-day EMA. If that happens, the XRP / USDT pair may turn from a high resistance and throw in strong support at $ 0.38.

Conversely, if bulls are pushing the price above the 20-day EMA, it could suggest a possible change in the short-term trend. The couple may go up between $ 0.50 and $ 0.55, which could be a major obstacle.

On the other hand, the bears will have to dive in and support a price of less than $ 0.38 to open the doors to reconsider the May 12 intraday low at $ 0.33.


ADA / USDT

Bulls have successfully defended the mental level at $ 0.50 over the past few days, indicating a need for lower levels. Buyers will now try to push Cardano (ADA) over the 20-day EMA ($ 0.60).If successful, ADA / USDT couples can try the rally at the $ 0.74 split level. Bears are likely to pose astrong challenge at this level. If the bulls hold the next downtrend in the 20-day EMA, it will trigger a change in mood from trading at rallies to buying dips.

Contrary to this assumption, if the price drops from the 20-day EMA, it will indicate that the bears continue to trade in circles. The Bears will then try to pull the price down to $ 0.50 and update key support at $ 0.40.

SOL / USDT

The Bulls bought the dip up to $ 47 on May 20 and are trying to push Solana (SOL) towards the 20-day EMA ($ 61). Bears are expected to defend this level vigorously.

If the price drops from the 20-day EMA, the SOL / USDT pair may drop to $ 47 when the bulls try to prevent a downturn. If that happens, the couple may trade between $ 47 and $ 60 for a few days.

A break and closure over the 20-day EMA will be the first indication that the bulls are back in the game. The couple can now reach the breaking point for $ 75. Alternatively, if the price drops and breaks below $ 47, the couple may slip to a firm support of $ 37.

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