Bitcoin and Ripple’s XRP – Weekly Technical Analysis – March 29th, 2021

Bitcoin

Bitcoin, BTC to USD, fell by 2.72% in the week ending 28th March. Reversing a 2.85% gain from the previous week, Bitcoin ended the week at $55,780.0.

A mixed start to the week saw Bitcoin rise to a Monday intraweek high $58,525.0 before hitting reverse.

Falling well short of the first major resistance level at $61,935, Bitcoin slid to a Thursday intraweek low $50,350.0.

Bitcoin fell through the first major support level at $54,706 and the second major support level at $50,412.

Steering…


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