So far, Bitcoin (BTC) is up 12.5% this year. The cryptocurrency asset is building a momentum. In fact, options markets have seen with potential call options which will hit $12,000 in June, a month after the much-awaited halving.

Apart from BTC, other crypto-assets has displayed enthusiasm in the markets over the past few days. So, many were hoping that a lot of buying opportunities will continue.

BTC’s $8,350 20-Day EMA

Instead of dumping or panicking, the bull have witnessed buying on dips action. That’s why after dipping down below at $8,350 in the 20-day EMA, the crypto quickly recovered.

Meanwhile, the bears have control over the market for two consecutive days. That happened after they dropped the price from $8,725 to $8,665 last Wednesday.

In the case that the bulls could push above the resistance level of $9,200 and 200-day SMA, Bitcoin could rally towards $10,360.89. But, if the bears could successfully protect the overhead resistance, a range-bound is possible in the next few days.

ETH’s $157.50 Bounce-Off

The bulls were expected to protect the $157.50 strong support level. The ETH/USD pair can possibly experience a range-bound action for more days due to slowly dropping of RSI and flattening 20-day EMA.

However, if the bears could sink the price of ETH below the 20-day EMA, then it will call for a $151.829 minor support level. It’s also good to note that the ETH/USD pair might turn negative in case the aforementioned minor support level will also crack.

XRP’s Dropped Below the Inverted H&S Pattern’ Neckline

Today, the bulled failed to protect the critical support level at the inverted head and shoulders pattern’s neckline. According to the analyst, the event resulted from a lack of buyers.

On the other hand, the bulls are trying to push the price of XRP back above the neckline. Once you become successful, the XRP/USD pair can break above the 200-day SMA. If not, the price will drop to $0.20041.

BCH’s Intraday Lows Sharp Bounce-Off

Currently, there’s a strong demand at the lower levels because of the intraday lows have bounced off. So, the bulls are now pushing the price to $360 level, which will act as a strong resistance level.

However, if the $306.78 and $270.15 support levels break down, the BCH/USD pair will then sink below the $270.15 zone.

BSV Is Poised to $337.80 Level

The bulls are currently accumulating on dips at $236. Then, they are aiming to push the price of BSV to $337.80. This level will act as a solid resistance level. On the other hand, a range-bound is possible in the coming next days in case the price breaks down from $337.80.

LTC Fails to Scale Above $66.1486

As a result of failing to settle above the $66.1486 level, Litecoin bounced back at $50 critical support level. On the other hand, in the case that bulls could push the asset’s price above $66.1486, then the LTC/USD pair will remain a range-bound action for more days.