Bitcoin, Avalanche and SafeMoon – European Wrap 11 March

Bitcoin price remains stuck between two crucial levels with no sign of directional bias. The immediate support area that prevented a steep correction seems to be getting weaker with every retest, indicating that a breakthrough to the downside is likely.

 

AVAX price is experiencing a lack of directional bias, leading to sideways movement. Avalanche price needs to retest a vital support level before rethinking its allegiance.

 

AVAX/USDT 4-hour chart

SafeMoon price has lagged in its recovery, and lately, the uptrend seems to be going slowly. A continuation of this bounce seems plausible considering the consolidative nature of the big crypto.

 

SAFEMOON/USDT 4-hour chart

 

 

 

 

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