CryptoPotato
CryptoPotato
  • Crypto News
  • Margin Trading
  • Guides
    • Bitcoin & Crypto Guides 101
    • Bitcoin For Beginners
    • Editorials
  • DeFi & NFT
  • Buy
  • Language
  • Crypto News
  • Bitcoin For Beginners
  • Cryptocurrency Guides 101
  • Editorials
  • Bitcoin & Crypto Margin Trading
  • DeFi & NFT News
  • Bitcoin Price Analysis
  • CryptoPotato Crypto Fund
  • Ethereum (ETH) Price Analysis
  • Ripple (XRP) Price Analysis
  • Market Updates
  • Interviews
  • Buy Bitcoin with Card
  • bitcoin
    BTC$26,646.00
  • ethereum
    ETH$1,595.30
    • Market Updates
    • BTC Analysis
    • ETH Analysis
    • XRP Analysis
    • Interviews
    • Opinions
    CryptoPotato
    CryptoPotato
    • Crypto News
    • Margin Trading
    • Guides
      • Bitcoin & Crypto Guides 101
      • Bitcoin For Beginners
      • Editorials
    • DeFi & NFT
    • Buy
    • Language
    • Crypto News
    • Bitcoin For Beginners
    • Cryptocurrency Guides 101
    • Editorials
    • Bitcoin & Crypto Margin Trading
    • DeFi & NFT News
    • Bitcoin Price Analysis
    • CryptoPotato Crypto Fund
    • Ethereum (ETH) Price Analysis
    • Ripple (XRP) Price Analysis
    • Market Updates
    • Interviews
    • Buy Bitcoin with Card
    Home » Crypto News » Crypto Price Analysis & Overview March 27th: Bitcoin, Ethereum, Ripple, Monero, IOTA

    Crypto Price Analysis & Overview March 27th: Bitcoin, Ethereum, Ripple, Monero, IOTA

    Author: Yaz Sheikh

    Last Updated Mar 27, 2020 @ 16:56

    Bitcoin

    Bitcoin price increased by a total of around 10% this week as it blew past the $6,000 level to reach the resistance at $6,800. It did manage to spike as high as $7,000 but has failed to break above $6,800 for the past 4-days of trading and recently rolled over to reach $6,640.

    From above, the first level of resistance to break lies at $6,800. Above this, resistance lies at $7,000, $7,200 (bearish .5 Fib Retracement), $7,500, $7,700, and $8,000 (bearish .618 Fib Retracement & 100-days EMA).

    From below, the first level of support lies at $6,400. Beneath this, support lies at the lower boundary of the rising price channel, $6,000, $5,450, and $5,000. This is followed by $4,800.

    btcusd-mar27
    BTC/USD. Source: TradingView

    Ethereum

    Ethereum increased by around 7.5% from the low seen seven days ago as it trades at the $135 level. It struggled to break above $140 this week, causing it to trade within an ascending triangle consolidation pattern. A break of this triangle will dictate the next direction for ETH.

    Toward the upside, resistance lies at the upper boundary of the triangle at $140. Above this, resistance lies at $145, $150, $165 (bearish .382 Fib Retracement), and $180 (100-days EMA).

    Alicia Bakery
    CMO - A really good agency

    Did you like this market update?
    This is all you need not to miss any price action in the raging crypto markets. Start receiving this recap, for free, every day:

    Invalid email address
    Your privacy is guranteed.
    Thanks for subscribing, you will get your first report in the next hours!

    On the other side, support lies at $135. Beneath this, support lies at the rising trend line, $120, $110, and $105.

    ethusd_mar27
    ETH/USD. Source: TradingView

    Against Bitcoin, ETH dropped beneath the crucial support at 0.0215 BTC that was highlighted last week. It continued to fall until reaching the recent support at 0.0201 BTC. A drop beneath 0.02 BTC will likely send ETH down to 0.0185 BTC against Bitcoin.

    From below, support lies at 0.0201 BTC and 0.02 BTC. Beneath this, support lies at 0.0196 BTC (.786 Fib Retracement), 0.0192 BTC (downside 1.272 Fib Extension), and 0.0185 BTC (.886 Fib Retracement).

    From above, resistance is located at 0.021 BTC. Above this, resistance lies at 0.0215 BTC, 0.022 BTC, and 0.0225 BTC (100-days and 200-days EMA’s).

    ethbtc_mar27
    ETH/BTC. Source: TradingView

    Ripple

    XRP saw a substantial 19% price increase from last week’s low price as the cryptocurrency managed to climb above an ascending triangle to reach as high as $0.18. It has since fallen and is trading at $0.175.

    From above, resistance lies at $0.18, $0.191 (bearish .618 Fib Retracement), $0.20, and $0.217.

    From below, support is located at $0.171. Beneath this, support lies at $0.161, the rising trend line, $0.155, $0.14, and $0.136.

    xrpusd-mar27
    XRP/USD. Source: TradingView

    Against Bitcoin, XRP fell beneath the strong support at 2500 SAT to create a fresh 2020 price low at 2360 SAT. This level had provided support for the market during September 2019 and allowed XRP to rebound. It is now trading above 2600 SAT.

    From above, the first level of resistance is at 2710 SAT. Above this, resistance lies at 2750 SAT, 2800 SAT, and 2850 SAT.

    On the other side, the first level of support lies at 2600 SAT. Beneath this, support lies at 2525 SAT, 2500 SAT, and 2455 SAT.

    xrpbtc-mar27
    XRP/BTC. Source: TradingView

    Monero

    Monero saw an impressive 20.5% price increase this week as it climbs back above the $50 level. It dropped as low as $31.85 during the March market crash but rebounded from here and started a strong surge. It now faces resistance at $51.70 (bearish .382 Fib Retracement).

    If the bulls break $51.70, resistance lies at $60 (bearish .5 Fib Retracement), $63.44 (1.414 Fib Extension), and $68 (bearish .618 Fib Retracement).

    From below, support lies at $44.45, $40, $38.50, and $31.85.

    xmrusd-mar27
    XMR/USD. Source: TradingView

    Against Bitcoin, XMR dropped as low as 0.0065 BTC before rebounding this week. It managed to climb back above 0.070 BTC to reach as high as 0.0076 BTC, where lies the bearish .5 Fibonacci Retracement resistance.

    If the bulls break 0.007 BTC, resistance is located at 0.077 BTC and 0.008 BTC (bearish .618 Fib Retracement). Above this, resistance lies at 0.0082 BTC (1.414 Fib Extension).

    Alternatively, support can be found at 0.0072 BTC, 0.0070 BTC (.618 Fib Retracement), and 0.0068 BTC.

    xmrbtc-mar27
    XMR/BTC. Source: TradingView

    IOTA

    IOTA has increased by around 8% this week, but it is trapped within an ascending triangle pattern. It is struggling at the resistance of $0.151 and must break here to head higher.

    From above, if the buyers break $0.151, resistance is expected at $0.16 and $0.175 (bearish .382 Fib Retracement). This is followed by resistance at $0.18 and $0.20.

    From below, support lies at $0.14 and the rising trend line. Beneath this, support is located at $0.12, $0.108, and $0.10.

    iotausd-mar27
    IOTA/USD. Source: TradingView

    Against Bitcoin, IOTA dropped into a fresh 2020 low at the 2100 SAT level. This level provided strong support for the market during August 2019 and should hold the market moving forward.

    If 2100 SAT breaks, support lies at 2000 SAT, 1850 SAT (downside 1.272 Fib Extension), 1900 SAT, and 1885 SAT.

    On the other side, resistance lies at 2200 SAT. Above this, resistance lies at 2300 SAT, 2460 SAT (bearish .236 Fib Retracement), and 2600 SAT (100-days EMA).

    iotabtc-mar27
    IOTA/BTC. Source: TradingView
    SPECIAL OFFER (Sponsored)
    Binance Free $100 (Exclusive): Use this link to register and receive $100 free and 10% off fees on Binance Futures first month (terms).

    PrimeXBT Special Offer: Use this link to register & enter CRYPTOPOTATO50 code to receive up to $7,000 on your deposits.


    Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. See Disclaimer for more information.

    Cryptocurrency charts by TradingView.
    Tags: Bitcoin (BTC) Price Ethereum (ETH) Price IOTA Monero (XMR) Price Ripple (XRP) Price
    Enjoy reading? Share with your friends
    Facebook Twitter LinkedIn Telegram

    About The Author

    Yaz Sheikh
    More posts by this author

    Yaz is a cryptocurrency technical analyst with over seven years of technical analysis trading experience. As an Economics graduate, he has taken a keen interest in the future potentials of blockchain in the financial industry. Removing crypto from the equation, Yaz loves to watch his favorite football team and keep up-to-date with the latest fights within the UFC.

  • bitcoin
    BTC$26,646.00
  • ethereum
    ETH$1,595.30
  • Join Our Community

    FacebookTwitter YouTubeTelegram


    Editorials
    Deep Dive into Ethereum: What Changed A Year Post-Merge?

    Deep Dive into Ethereum: What Changed A Year Post-Merge?

    The Reports of Friend.tech Death Have Been Greatly Exaggerated (Opinion)

    The Reports of Friend.tech Death Have Been Greatly Exaggerated (Opinion)

    Exploring PayPal’s Foray into Cryptocurrency: A Game-Changer in Digital Finance

    Exploring PayPal’s Foray into Cryptocurrency: A Game-Changer in Digital Finance

    DeFi Without Native Rights Is Dead

    DeFi Without Native Rights Is Dead

    How Does the Shiba Inu (SHIB) Burn Work: Everything You Need to Know

    How Does the Shiba Inu (SHIB) Burn Work: Everything You Need to Know

    Crypto Will Go Away If There’s No Privacy: Interview With Anoma and Namada’s Adrian Brink

    Crypto Will Go Away If There’s No Privacy: Interview With Anoma and Namada’s Adrian Brink

    What Is Shibarium? Everything You Need to Know About Shiba Inu’s Blockchain

    What Is Shibarium? Everything You Need to Know About Shiba Inu’s Blockchain

    Footer Logo
    About
    Advertise on CryptoPotato
    About Us | Contact Us | Careers
    Editorial Policy
    Terms of service | Privacy Policy | GDPR
    More Sections
    IEO List | Evaluations
    Airdrops
    Scholarship
    Disclaimer
    Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. Full disclaimer
    © Copyright CryptoPotato 2016 - 2021
    Scroll to top