Analysis of Some BTC Technical Indicators 03/18/2025
2.1. Moving Averages
Short term MA (MA7 or MA10): Usually fluctuates near the current price. If the short-term MA is above the price, it is a short-term downtrend signal; conversely, if it is below the price, it shows an uptrend.
Medium-term MA (MA25, MA50):
These MA lines show the trend over the next few weeks to months. If BTC is below MA25/MA50, the short to medium term market is showing signs of correction.
Analysis of BTC/USDT Chart on March 18, 2025 1. Current Situation
Current price: 82,604.62 USDT 24h volatility: -1.28% (down 1,073.47 USDT) Trading volume: 1.55 billion USDT (indicating that liquidity is still quite strong) 24h high: 84,756.83 USDT 24h low: 82,244.68 USDT
2. Technical Trend
The MA7 line (~89,860 USDT) is still above the current price, indicating a short-term downtrend. The MA25 line (~88,596 USDT) is also above the current price, showing that upward momentum is not too strong. The MA99 line (~57,120 USDT) is much lower than the current price, indicating that BTC is still in a long-term uptrend. Recent candle: A red candle with a lower wick has appeared, indicating strong selling pressure, but there is also buying support.
3. Trend Prediction for the Coming Days Case 1: BTC price may increase
If BTC holds the support area of ~82,000 USDT and buying volume increases, it may bounce back to test resistance levels around 84,500 - 85,000 USDT. Breaking the 85,000 USDT level could bring BTC back to the 88,000 - 90,000 USDT range.
Case 2: BTC price may decrease
If BTC fails to hold the support level of 82,000 USDT, the price may drop to the 80,000 - 81,000 USDT area. If selling pressure remains strong, BTC may test the 78,000 - 79,000 USDT level before having recovery momentum.
Conclusion
Short-term trend (next 1-3 days): BTC is showing signs of a downward adjustment, but if it maintains above 82,000 USDT, it may recover to 84,500 USDT. Medium-term trend (next week): If it holds the important support area, BTC may test the 85,000 - 90,000 USDT range again. However, if it drops below 82,000 USDT, the likelihood of dropping to 78,000 - 80,000 USDT is quite high. $BTC
Current value: Bitcoin is trading at around 83,256 USD, down 0.36% compared to the previous day.
Recent fluctuations: In February 2025, Bitcoin experienced its largest monthly drop since June 2022, decreasing by 17.5%. The main reason is attributed to concerns about global trade war after President Donald Trump announced new tariffs on imports from Canada, Mexico, and China. The Guardian
2. Ethereum (ETH)
Current value: Ethereum is trading at around 1,906.7 USD, up 0.36% compared to the previous day.
Recent developments: Ethereum has experienced price volatility amidst a general decline in the cryptocurrency market. Macroeconomic factors, such as trade tensions and monetary policy, continue to impact the value of ETH.
3. XRP
Current value: XRP is trading at around 2.3 USD, down 1.71% compared to the previous day.
Recent developments: XRP has experienced a price decline along with other cryptocurrencies, due to concerns about slowing economic growth and global trade tensions. Barron's
Note that the cryptocurrency market is highly volatile and influenced by many economic, political, and technological factors. Therefore, monitoring reliable sources and regularly updating information is crucial for making accurate investment decisions.
StraitsX USD (XUSD) is a stablecoin issued by StraitsX, a major licensed payment organization, with the aim of providing a stable digital currency pegged to the US dollar. Binance will list XUSD and open trading for the XUSD/USDT pair at 15:00 on March 19, 2025 (Vietnam time). To celebrate this event, Binance is launching a promotional program with zero trading fees for the XUSD/USDT pair, applicable to both spot and margin trading, starting from the listing time until further notice.
Currently, the price of XUSD is trading around 1.002 USD, with a daily high of 1.77 USD and a daily low of 0.997241 USD.
Binance's listing of XUSD not only expands the stablecoin portfolio on the exchange but also provides additional options for users in trading and storing stable value. The zero trading fee promotional program for the XUSD/USDT pair may attract interest from traders, especially those looking for low-cost trading opportunities.
However, as with any digital currency, investors should exercise caution and conduct thorough research before participating in trading, especially since XUSD is relatively new to the market. Monitoring official announcements from Binance and StraitsX will help keep updated with the latest information and make informed investment decisions. #StablecoinSurge #StrategySmallestBTC
As of March 18, 2025, the price of Cardano (ADA) is trading at $0.72323. In the past 24 hours, ADA has reached a high of $0.728765 and a low of $0.696812.
Technical Analysis:
Currently, ADA is facing significant resistance near the $0.75 level, where the 200-day EMA acts as a "fortress" that is difficult to break through. Over the past four days, the ADA price has continuously tested this area but has not been able to break through successfully, indicating that selling pressure is still present.
Large Investor Activity:
Although the price of ADA has recovered about 15% over the past week, the activity of "whales" – large investors – remains stable, indicating that they are not actively accumulating. This may limit ADA's growth momentum in the short term.
Future Price Forecast:
According to Traders Union's forecast, the price of ADA could reach $1.012 by the end of 2025 and $1.282 by the end of 2029. However, current technical analysis indicators recommend a "Strong Sell" for the D1 (one day) timeframe and "Neutral" for the W1 (one week) timeframe.
Conclusion:
Although ADA shows signs of recovery, facing strong resistance and caution from large investors may cause the price to continue fluctuating in the short term. Investors should monitor important support and resistance levels, along with technical indicators, to make informed trading decisions.