Analyst Predict BTC, XRP, NEAR, XMR, WAVES will attract Buyers – Why? Reasons?

• BTC/USDT (Price prediction $35,000⬇ – $45,000⬆)
• XRP/USDT (Price prediction $0.91⬇ – $0.62⬆)
• NEAR/USDT (Price prediction $8⬇ – $14⬆)
• XMR/USDT (Price prediction $134⬇ – $242⬆)
• WAVES/USDT (Price prediction $13⬇ – $27⬆)

Bitcoin price today is $42,052.11 USD with a 24-hour trading volume of $35,434,667,018 USD. If BTC can flip $41,000 back to support, XRP, NEAR, XMR and WAVES could attract buyers.

BTC/USDT

Bitcoin broke below the moving averages on March 4and the bulls tried to trap the aggressive bears by pushing the price back above the moving averages on March 5 and March 6 but failed.

Price prediction $35,000⬇ – $45,000⬆

If the price sustains below the moving averages, the bears will try to pull the BTC/Tether (USDT) pair to the support line of the ascending channel.

This short-term bearish view will invalidate if the price rises from the current level and breaks above the 20-day exponential moving average ($40,474). If the price breaks below $38,000, the pair could drop to $37,000 and then to $35,500.

Contrary to this assumption, if the price turns up from the current level and rises above the 20-EMA, it will suggest strong buying at lower levels. That could open the doors for a possible rally to $45,000.

XRP/USDT

Ripple (XRP) has been attempting to rise above the downtrend line for the past few days, but the bears have held their ground. A minor positive is that the bulls have not given up and are trying to defend the 50-day SMA ($0.72).

Price prediction $0.91⬇ – $0.62⬆

If bulls push and sustain the price above the downtrend line, the momentum is likely to pick up, possibly rallying the XRP/USDT pair to $0.91.

Contrary to this assumption, if the price turns down from the moving averages, it will suggest that the bears are selling on rallies. The pair could then drop to $0.70. If this level cracks, the selling could accelerate and the pair could drop to $0.62.

NEAR/USDT

NEAR Protocol (NEAR) is sandwiched between the moving averages for the past few days. This shows that bears are selling on rallies to the 50-day SMA ($11) while bulls are buying on dips to the 20-day EMA ($10).

Price prediction $8⬇ – $14⬆

If the price rebounds off the current level and breaks above $12, it will suggest that bulls are on a comeback. The NEAR/USDT pair could then rally to $14 where it may again encounter strong resistance from the bears.

Contrary to this assumption, if the price breaks and sustains below the 20-day EMA, it will suggest that the bears have the upper hand. The pair could then drop to the strong support at $8.

XMR/USDT

Monero (XMR) has been correcting inside a descending channel for the past several weeks. The bulls are buying the dips to $134 and attempting to form a basing pattern.

Price prediction $134⬇ – $242⬆

This has resulted in a consolidation between $134 and $188 for the past few days. This equilibrium will shift in favor of the buyers if they push and sustain the price above $188. That will complete a double bottom pattern, which has a target objective at $242.

Contrary to this assumption, if the price turns down and slips below $155, the bears will attempt to pull the XMR/USDT pair to $134.

WAVES/USDT

Waves (WAVES) formed a double bottom pattern at $8 and rallied sharply to $21.  If the price turns up from the current level, it will suggest that bulls are buying on the dips. That will increase the possibility of a retest at $21.

Price prediction $13⬇ – $27⬆

If bulls push and sustain the price above $21, the WAVES/USDT pair could pick up momentum and rally toward $24 and then $27.

Contrary to this assumption, if the price turns down from the current level and breaks below the moving averages, it will suggest that the short-term traders may be rushing to the exit. That could pull the pair to $14 and then $13.

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