Price Analysis: BTC, ETH, SOL, BNB, XRP, ADA, AVAX, LUNA, DOGE, SHIB – March 30, 2022

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Last Updated March 30th 2022
8 Min Read

Bitcoin and altcoins are trading at critical resistance levels on March 30th, an indicator that a breakout is imminent. 

After a largely uneventful day on March 29th, Bitcoin and major altcoins have turned bullish again. However, buying volumes are low, and most cryptos struggle at critical resistance levels. The big question now is, can the bulls push through resistance in a breakout move, or is a correction imminent? Let’s analyze the top 10 cryptocurrencies to find out. 

BTC/USD

Bitcoin (BTC) was range-bound all through March 29th along the 20-day MA. The same trend continues on March 30th, though bears have tried to push the price lower, but failed. Currently, bulls are fighting short-sellers, who have come out strongly at $47,490.66 on the 20-day MA. 

BTC/USD daily chart 033022

BTC/USD daily chart. Source: TradingView

If bulls can overcome the wall of short-sellers at $47,490.66, they can expect even more resistance at $48,118.80. If bulls can overpower short sellers at $48,118.80, Bitcoin could test $50k pretty soon.

However, if bears are strong enough to drive the price lower at $47,490.66 on the 20-day MA, bulls are likely to fight even harder at $46,199.48 on the 100-day MA. If bears overcome the wall of buyers at $46,199.48, Bitcoin could test $44k in the short term. 

Related: Bitcoin (BTC) Price Prediction 

ETH/USD

Ethereum (ETH) had a mixed day on March 29th. It rallied in the earlier part of the day, then turned bearish towards the end of the day, canceling out all gains made. However, on March 30th, bulls have fought hard to recover some of these losses, but are facing stiff resistance at $3405.67 on the 20-day MA. 

ETH/USD daily chart 033022

ETH/USD daily chart. Source: TradingView

If bulls can break the wall of short-sellers at $3405.67, they can expect even more resistance at $3480.72. If bulls can overpower short sellers at $3480.72, Ethereum could test $4k soon.

However, if bears are strong enough to overpower bulls at $3405.67, bulls are likely to fight even harder at $3333.50, the price they managed to reverse the price earlier in the day. If bears break the wall of buyers at $3333.50, Ethereum could test $3277.22 in the short term. 

Related: Ethereum (ETH) Price Prediction

SOL/USD

Solana (SOL) was range-bound along the 20-day MA for most of March 29th. However, bears took control towards the end of the day and managed to drive SOL through the 20-day MA. Bears became even stronger in the early hours of March 30th. Bulls have fought back hard, though, and have managed to push Solana through a wall of short-sellers at $110.84 on the 50-day MA, and $111.64 on the 20-day MA. 

SOL/USD daily chart 033022

SOL/USD daily chart. Source: TradingView

If bulls continue with the current upside momentum, they can expect bears to fight back hard at $115.65, the highest price SOL hit on March 29th. If bulls can overpower short sellers at $115.65, Solana could test $119 in the short term.

However, if bears are strong enough to overpower bulls at $112.64, bulls are likely to fight even harder at $111.57 on the 20-day MA and even more at $110.97 on the 50-day MA. If bears break the wall of buyers at $110.97, Solana could test $106.69 on the 100-day MA in the short term. 

Related: Solana (SOL) Price Prediction

BNB/USD

Binance Coin (BNB) was bearish all through March 29th. The bears were quite strong and dismantled any bullish pushback throughout the day.  The same downside momentum continued in early March 30th, though bears hit a strong wall of buyers at $425.6 on the 100-day MA. Bulls have now taken control and have easily eased through the bears entering the market at $435.1 on the 50-day MA.

BNB/USD daily chart 033022

BNB/USD daily chart. Source: TradingView

If bulls continue with the current upside momentum, they can expect bears to fight back hard at $441.4, the highest price that BNB hit on March 29th. If bulls can overpower short sellers at $441.4, Binance Coin could test $500 in the short term.

However, if bears are strong enough to overpower bulls at the current price of $436.4, bulls are likely to fight even harder at $435.1 on the 50-day MA. If bears break the wall of buyers at $435.1, Binance Coin could test $425.6 on the 100-day MA in the short term. 

Related: Binance Coin (BNB) Price Predictions 

XRP/USD

Ripple (XRP) was bearish all through March 29th. The bears were quite strong and dismantled any bullish pushback for most of the day. However, towards the end of the day, bears hit a strong wall of buyers at $0.8529 on the100-day MA. Bulls continued to fight hard at the 100-day MA in the early hours of March 30th and have now taken control. However, bears continue to fight hard, and XRP bulls are not yet in the clear. 

XRP/USD daily chart 033022

XRP/USD daily chart. Source: TradingView

If bulls continue with the current upside momentum, they can expect bears to fight back hard at $0.8718 on the 50-day MA. If bulls can overpower short sellers at $0.8718, XRP could test $0.91 in the short term.

However, if bears are strong enough to overpower bulls at the current price of $0.8608, bulls are likely to fight even harder at $0.8550 on the 100-day MA. If bears break the wall of buyers at $0.8550, XRP could test $0.8263 in the short term. 

Related: Ripple (XRP) Price Predictions

ADA/USD

Cardano (ADA) was range-bound for most of March 29th along the 20-day MA. However, bears took control towards the end of the day but with low volumes. Despite the low selling volumes, the even lower number of buyers in the market saw ADA bears ease through the 50-day MA at $1.193. The selloff has stopped and reversed on March 30th, though, after ADA short-sellers hit a wall of buyers at $1.166 on the 100-day MA. Bulls remain in control, and buying volumes are on the rise.  

ADA/USD daily chart 033022

ADA/USD daily chart. Source: TradingView

If bulls continue with the current upside momentum, they can expect bears to fight back hard at $1.201 on the 50-day MA. If bulls can overpower short sellers at $1.201, ADA could test $1.30 pretty soon. 

However, if bears are strong enough to overpower bulls at $1.201 on the 50-day MA, bulls are likely to fight even harder at $1.172 on the 100-day MA. If bears break the wall of buyers at $1.172, ADA could test $1.108 in the short term.

Related: Cardano (ADA) Price Predictions

AVAX/USD

Avalanche (AVAX) was bearish all through March 29th. The bears were quite strong, and dismantled any bullish pushback throughout the day. The same downside momentum continued in early March 30th, though bears hit a strong wall of buyers at $89.53, slightly above the 100-day MA. Bulls have now taken control and have easily eased through the wall of short-sellers at 92.82 on the 50-day MA.

AVAX/USD daily chart 033022

AVAX/USD daily chart. Source: TradingView

If bulls continue with the current upside momentum, they can expect bears to fight back hard at $95.60, a price level they ended a bull trend in early March 29th. If bulls can overpower short sellers at $95.60, AVAX could test $100 pretty soon. 

However, if bears are strong enough to overpower bulls at $93.69, a 24-hour resistance, bulls are likely to fight even harder at $92.82 on the 50-day MA. If bears break the wall of buyers at $92.282, AVAX could test $89.53 on the 100-day MA in the short term.

Related: Avalanche (AVAX) Price Predictions

LUNA/USD

Terra (LUNA) continued trading in a bullish channel along the 20-day MA on March 29th. However, towards the end of the day, it peaked at $109.86. Bears then took control and remain in control on March 30th. However, overall momentum is bullish, and LUNA bulls have hit a strong wall of buyers at $105.90 on the 20-day MA. 

LUNA/USD daily chart 033022

LUNA/USD daily chart. Source: TradingView

If bulls continue with the current upside momentum, they can expect bears to fight back hard at $109.86, a price level they ended a bull trend in early March 29th. If bulls can overpower short sellers at $109.86, LUNA could test $115 soon. 

However, if bears are strong enough to overpower bulls at $105.90 on the 20-day MA, bulls are likely to fight even harder at $102.20 on the 50-day MA. If bears break the wall of buyers at $102.20, LUNA could test $97.12 in the short term.

Related: Terra (LUNA) Price Predictions

DOGE/USD

Dogecoin (DOGE) was on a downtrend all through March 29th. However, selling volumes were low, and on March 30th, DOGE bears have hit a strong wall of buyers at $0.1417 on the 100-day MA. Bulls have fought hard at the $0.1417 level and are now taking control of the market. 

DOGE/USD daily chart 033022

DOGE/USD daily chart. Source: TradingView

If bulls continue with the current upside momentum, they can expect bears to fight back hard at $0.1463 on the 50-day MA. If bulls can overpower short sellers at $0.1463, DOGE could test $0.160 soon. 

However, if bears are strong enough to overpower bulls at $0.1463 on the 50-day MA, bulls are likely to fight even harder at $0.1417 on the 100-day MA. If bears break the wall of buyers at $0.1417, DOGE could test $0.1324 in the short term.

Related: Dogecoin (DOGE) Price Predictions 

SHIB/USD

Shiba Inu (SHIB) had a mixed day on March 29th. It started with an uptrend, then later in the day, bears took control and negated all the gains made earlier in the day. However, selling volumes dropped towards the day, and the same price action spilled over into March 30th. Bulls have now fought hard, taken control, and even broke a wall of short-sellers at $0.00002735 on the 50-day MA. 

SHIB/USD daily chart 033022

SHIB/USD daily chart. Source: TradingView

If bulls continue with the current upside momentum, they can expect bears to fight back hard at $0.00002808, a price level where bears ended an uptrend on March 29th. If bulls can overpower short sellers at $0.00002808, SHIB could test $0.00003001 in the short term. 

However, if bears are strong enough to overpower bulls at $0.00002735 on the 50-day MA, bulls are likely to fight even harder at $0.00002619, the price level where they won control after a selloff on March 29th. If bears break the wall of buyers at $0.00002619, SHIB could test $0.00002438 in the short term.

Related: Shiba Inu (SHIB) Price Predictions