The pair could then drop to the moving averages.
The bears will have to pull and sustain the BNB/USDT pair below the moving averages to weaken the bullish momentum.
If the price turns down from the current level and breaks below $2.07, the ADA/USDT pair could drop to $2 and next to $1.87.A breach below this important level may pull the pair down to the pattern target of $1.63.
Alternatively, if bulls push and sustain the price above the 20-day EMA, the pair could rise to the resistance line of the triangle.XRP has been holding above the 20-day EMA ($1.08) for the past few days but the bulls have not been able to push the price to the overhead resistance at $1.24.If the price turns down and breaks below the 20-day EMA, the XRP/USDT pair could drop to $1.This level may act as stiff resistance but if bulls overcome this hurdle, the pair may rally to $200 and then retest the all-time high at $216.
If bulls drive the price above $43.22, the DOT/USDT pair could retest the all-time high at $49.78.
If the price turns down from the current level and breaks below $38.77, the pair could drop to the 20-day EMA ($34.84).Alternatively, if bears sink the price below the moving averages, the pair could drop to $25.50.If the price turns up from the current level, the bulls will try to push the price to the downtrend line.Terra protocol’s LUNA token is finding support at the 50-day SMA ($36.24) for the past three days but the bulls have not been able to drive the price above the 20-day EMA ($38.86).Conversely, if bulls drive the price above the 20-day EMA, the LUNA/USDT pair could pick up momentum and advance to $45.01 where bears may again try to mount a stiff resistance.If the price rebounds off the moving averages, the bulls will make one more attempt to propel the UNI/USDT pair above the neckline.