DAILY CRYPTOCURRENCY NEWS

Whale Purchased $8.2 Million in Chainlink

Analyzing the top 100 Ethereum wallets, WhaleStats' 30th-placed whale bought 485,000 LINK while LINK's price rising 8%.

Russian Deputy Minister of Energy Wants to Legalize Crypto Mining

Russian Deputy Energy Minister Evgeny Grabchak has made some remarks, suggesting that the country's cryptocurrency mining should be legalized and the legal vacuum around it removed. The absence of this legal regulation makes it difficult to determine the rules of the game, he said.

Silk Road Founder Releases Bitcoin NFT Collection

Silk Road founder Ross Ulbricht will release a collection of Bitcoin NFTs at the Bitcoin 2022 conference in Miami. The NFTs will be minted on Apr. 5 to commemorate Satoshi Nakamoto's birthday.

Italian DJ Benny Benassi Shakes Metaverse

Award-winning Italian DJ Benny Benassi gave the message “Love and peace, not war” in his fashion week performance on the Decentraland metaverse. One of the first examples of the digital fashion genre, Fashion Week, this show was one of the highlights.

Cool Cats Partners with CAA

Cool Cats, one of the most popular collections since last year, announced that it has signed with CAA for sales opportunities and potential licensing process. Producers of the Ethereum NFT project want the brand to be involved in other industries. 

Nelson Mandela's Arrest Warrant as an NFT

The arrest warrant of the protester Mandela, who spent 27 years in prison and was the first black President of South Africa, was put on the market as NFT in 1961. It was sold at auction for about $130,000 as a legacy documenting the struggle for democracy. 
 

DAILY CRYPTOCURRENCY ANALYSIS

BITCOIN [BTC] 358836.94 TRY

Bitcoin gained a 0,86% value during morning hours and is priced around $47.584. When we consider BTC/USDT pair technically, the ascending triangle formation, which we have been talking about for a long time, broke upwards as of the weekly close. At the same time, the BTC, which broke the resistance level of 44,000-46,000 dollars upwards, experienced an increase up to $48300 (the 200MA level) when the sales pressure ended. Having short-term resistance from this level, BTC can retest the $45,000-46,000 band if it cannot break its 200MA upwards. If it happens with a breakdown, $51,000 is the next target. 

RESISTANCES 48.311 / 49.052 / 49.904
SUPPORTS 46.718 / 45.866 / 45.125

BITCOIN [BTC] 358836.94 TRY +7.00 +0.03 VOL 21 BTC

ETHEREUM [ETH] 24775.20 TRY

Ethereum gained a 1,65% value during morning hours and is priced around $3391. When we consider ETH/USDT pair technically, the symmetrical triangle existing as of 12 January in the daily chart broke upwards yesterday and it is seen that it gained momentum, climbing up. ETH, which received reaction yesterday from the local peak level of $3411, is expected to rise to $3600 when this level is surpassed. $3200 is the first level of support when retreating.

RESISTANCES 3446 / 3501 / 3572
SUPPORTS 3193 / 3248 / 3319

ETHEREUM [ETH] 24775.20 TRY +7.00 +0.03 VOL 21 ETH

AVALANCHE [AVAX] 323.87 TRY

AVAX gained a 5,26% value during morning hours and is priced around $95.01. When we consider AVAX/USDT pair technically, the horizontal trend has ended. AVAX had broken the stagnated zone upwards, but a momentum did not follow. In AVAX, where we have seen horizontal price movements for a while, the short-term downward trend has also broken upwards, and there has been a reaction in AVAX, which tested the level of 95-96.5 dollars, which is the level of major resistance, with yesterday's rises. AVAX, which wiped out all of its daily earnings, is testing this zone again this morning. It can provide momentum that will trigger the breakout to 113 dollars.

RESISTANCES 97,78 / 100,77 / 105,31
SUPPORTS 82,72 / 85,71 / 90,25

AVALANCHE [AVAX] 323.87 TRY +7.00 +0.03 VOL 21 AVAX

RIPPLE [XRP] 8.34 TRY

Ripple gained a 1,40% value during morning hours and is priced around $0.8754. When we consider XRP/USDT pair technically, there is no major change in the outlook. In XRP, which broke its downward trend with positive news flows, daily close took place just above the level of 0.8579 dollars yesterday. We expect momentum to be gained towards $0.92, the previous local peak, XRP faced reaction from this level. The breakout of this level will move the XRP towards the level of 1 dollar.

RESISTANCES 0,9096 / 0,9408 / 0,9706
SUPPORTS 0,7876 / 0,8188 / 0,8486

RIPPLE [XRP] 8.34 TRY +7.00 +0.03 VOL 21 XRP

LITECOIN [LTC] 984.23 TRY

LTC gained 1,75% value during morning hours and is priced around $130. When we consider LTC/USDT pair technically, there is no major change in the outlook. When we consider LTC/USDT pair technically, there is still a minor uptrend formation in LTC, which broke its long-standing downtrend last week and made the weekly closing above this level, as of March 14. This trend, which has been tested many times, has become a strong support and we expect the rise to continue at $140.6 unless it is lost downwards.

RESISTANCES 133,21 / 136,26 / 139,72
SUPPORTS 120,19 / 123,24 / 126,70

LITECOIN [LTC] 984.23 TRY +7.00 +0.03 VOL 21 LTC

LINK gained a 2,65% value during morning hours and is priced around $16.97. When we consider LINK/USDT pair technically, the price movement within the existing horizontal channel as of May 26, 2021 broke upwards as of February, and with the accompanying momentum, there was an increase to the local peak level of $17.45 yesterday. For LINK, which has a minor upward trend as of March 14th, we expect the rises to continue towards $19 unless this short-term trend is broken downward daily chart.

RESISTANCES 17,44 / 17,94 / 18,50
SUPPORTS 15,31 / 15,81 / 16,37

BASIC ATTENTION TOKEN [BAT] 5.57 TRY

BAT gained a 3,00% value during morning hours and is priced around $0.8986. When we consider BAT/USDT pair technically, there is no major change in the outlook. The target level we mentioned in the bulletin last week has been reached. Last week, the market-wide increase for BAT, dominated by the horizontal price movement, accelerated again and our first price target rose to $0.9246, which corresponds to the 200MA level. If BAT, which has a short-term reaction at this level, can break its 200MA level upwards in the daily chart, there may be rises towards the level of $1.10. 

RESISTANCES 0,9333 / 0,9657 / 1,0023
SUPPORTS 0,7953 / 0,8277 / 0,8643

BASIC ATTENTION TOKEN [BAT] 5.57 TRY +7.00 +0.03 VOL 21 BAT

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