Price analysis 3/24: SPX, DXY, BTC, ETH, XRP, BNB, SOL, DOGE, ADA, LINK

">">Bitcoin (https://cointelegraph.com/bitcoin-price

) has broken out of the 20-day EMA ($14.60) on March 24, indicating that the downtrend could be ending.LINK/USDT daily chart. Source: Cointelegraph/TradingViewThe LINK/USDT pair could rise to the 50-day SMA ($16.34), which could again act as a stiff resistance. If the price turns down from the 50-day SMA, the pair is likely to find support at the 20-day EMA. If the price rebounds off the 20-day EMA, the likelihood of a rally to $19.25 increases.If bears want to prevent the upside, they will have to swiftly pull the price below $13.82. That may sink the pair to the channel’s support line near $12.This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

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