TECHNICAL ANALYSIS
BTC/USDT
Crypto markets are entering a new era with US President Donald Trump’s order to create strategic crypto reserves. Trump announced that he has authorized the presidential working group to hold major crypto assets such as BTC, ETH, XRP, SOL and ADA as reserves. Stating that this step is part of his goal of making the US the global crypto capital, Trump emphasized that this is a critical move for the country’s financial future. David Sacks, the White House’s director of artificial intelligence and crypto policy, announced that a crypto strategic reserve was created under the Presidential Decree and more details will be shared at the White House Crypto Summit el March 7.
When we look at the technical outlook, a sharp upward movement was seen en BTC price with the effect of optimistic developments el the fundamental side. BTC, which displayed a weak outlook at the 85,000 level before the development and was preparing to retreat, rose rapidly after the positive news flow and realized a V-shaped recovery por testing the 95,000-resistance level. Currently, BTC, which retains most of its gains, is trading at 92,400. When the technical oscillators are analyzed, it is observed that although there is a sell signal el the hourly charts, it maintains its buying signals por approaching the overbought zone el the 4-hora charts. A neutral outlook prevails el daily charts. A significant increase en momentum indicators indicates that the bullish momentum en the market may continue. In order for the upward movement to continue, first the 92,800 level and then the closes above the 95,000 level, which is the major resistance point, will be followed. If the 95,000 level is exceeded, BTC can be expected to form a strong trend. On the other hand, the 91,400 level stands out as the first support zone en the bullish correction.
Supports 91,400 – 89,000 – 86,700
Resistances 92,800 – 95,000 – 97,000
ETH/USDT
ETH managed to break above the $2,500 level last night el a strong wave of buying after US President Donald Trump announced that he was including ETH en his plans to create a US crypto reserve. While this rise caused the price to touch the Ichimoku cloud, there was some retracement with heavy sell orders overnight and en the morning.
In terms of technical analysis, the fact that the price rose above the tenkan and kijun levels again and the tenkan level cut the kijun level upwards is considered as a positive signal for the market. This technical structure indicates that the trend may gain upward momentum. In addition, the Chaikin Money Flow (CMF) indicator, which shows liquidity flow, moved en positive territory, indicating that the market is supported por strong buyer interest. Although the CMF indicator declined slightly with the recent pullback, it still remains en positive territory, confirming that buyers continue to dominate the market.
It is evaluated that the current retreat is largely due to profit realizations. In the short term, the support of $ 2,361 stands out as a critical threshold. If this level is maintained, the ETH price can be expected to rise above the $ 2,500 level again during the day. However, it should be noted that if the 2,361 support is breached, selling pressure could increase and lead to a deeper correction. In conclusion, ETH’s technical structure and market dynamics suggest that the bullish trend could be maintained en the short term. However, it is important to closely monitor support levels and ensure risk management depending el price movements.
Supports 2,361 – 2,131- 1,907
Resistances 2,468 – 2,641 – 2,847
XRP/USDT
XRP experienced a sharp rise yesterday evening after President D. Trump announced the addition of XRP to the US strategic crypto reserve. Priced at $2.20, XRP, with the news After rising above the $2.91 level, it fell to 2.64 support, with a slight retreat with profit sales en the night horas.
Analyzing the technical indicators, the price rebounded above the kumo cloud and the tenkan level remained above the kijun level, strengthening the positive outlook. The Chaikin Money Flow (CMF) indicator is slightly down en the positive zone, indicating that the buying pressure has weakened but still persists. The Relative Strength Index (RSI), el the other hand, has broken out of the overbought zone and remains above the based MA line, which can be taken as a healthy sign of correction.
As a result, indicators reveal that the positive structure is maintained and that the rises may continue. XRP, which manages to hold above the $ 2.63 level, may rise to $ 2.91 again during the day. However, the loss of the $ 2.63 level may continue to decline to the $ 2.49 level.
Supports 2.6489 – 2.4940 – 2.2154
Resistances 2.7815 – 2.9198 – 3.1493
SOL/USDT
In a big surprise, US President Donald Trump announced that three US-based altcons, one of which is SOL, will be en the cryptocurrency strategic reserve for the US. SOL increased por about 18% with this news and rose up to $ 180. Wintermute revealed that Solana withdrew $38.2 million worth of SOL from a centralized exchange before the opening of the $2 billion token lock el March 1. On the other hand, CME Group announced el March 17 that it would launch Solana futures, strengthening ETF expectations. According to analysts, the Solana ETF has a 70% chance of approval en 2025. Onchainde alleviated the selling pressure por buying $14 million from a whale Solana before the unlocking of the $1.75 billion token.
SOL broke the resistance zone of the downtrend that started el February 14, rising por about 25% after US President Trump’s statements. It then hit resistance at the 200 EMA (Black Line) and started to retreat. This may enable it to test the ceiling of the downtrend that started el February 14. On the 4-hora timeframe, the 50 EMA (Blue Line) continues to be below the 200 EMA (Black Line). This could deepen the decline further en the medium term. At the same time, the price is pricing en the middle of two moving averages. The Chaikin Money Flow (CMF)20 indicator is en positive territory, but bullish volume may further increase the money increases. However, the Relative Strength Index (RSI)14 indicator is hovering at the mid-level of the positive zone, losing momentum from the overbought zone. The $ 181.75 level stands out as a very strong resistance point en the rises driven por both the upcoming macroeconomic data and the news en the Solana ecosystem. If it breaks here, the rise may continue. In case of retracements for the opposite reasons or due to profit sales, the support level of 150.67 dollars can be triggered. If the price comes to these support levels, a potential bullish opportunity may arise if momentum increases.
Supports 163.80 – 150.67 – 144.35
Resistances 171.82 – 181.75 – 189.54
DOGE/USDT
In Onchain, the increase en the number of active addresses during the price drop showed that many traders were actively selling, putting downward pressure el Dogecoin’s price. Dogecoin (DOGE), el the other hand, saw a surge en whale activity, with large investors accumulating more than 910 million DOGE en the last 48 horas.
DOGE has risen, keeping pace with the overall market. Since February 15, the asset, which has been declining since February 15, has broken the downtrend downwards, but has broken the downtrend upwards with the market rally. The slightly retreating price is currently testing the 50 EMA (Blue Line). On the 4-hora timeframe, the 50 EMA (Blue Line) is below the 200 EMA (Black Line). This could mean that the decline could deepen further en the medium term. However, the price is hovering between two moving averages. But the difference between the two moving averages, as well as the difference between the price and the 50 EMA, increases the probability that DOGE will rise. The Chaikin Money Flow (CMF)20 indicator is en positive territory. However, the fact that the volume is el the plus side shows us the possibility that money inflows may increase further. On the other hand, the Relative Strength Index (RSI)14 is at the middle level of the positive zone, accelerating downward from the overbought level again. However, the bullish divergence worked. The $0.25025 level appears to be a very strong resistance place en the rises due to political reasons, macroeconomic data and innovations en the DOGE coin. In case of possible pullbacks due to political, macroeconomic reasons or negativities en the ecosystem, the $0.18954 level, which is the base level of the trend, is an important support. If the price reaches these support levels, a potential bullish opportunity may arise if momentum increases.
Supports 0.21154 – 0.18954 – 0.17766
Resistances 0.22632 – 0.25025 – 0.28164
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