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Market data is provided by HitBTC Exchange.

Funded by Goldman Sachs, Circle, a cryptocurrency-focused financial services firm, bought the US $ 400 million cryptocurrency exchange from Poloniex. This shows that major financial institutions are looking for opportunities to grow their business in the crypto world. This move, while prices have been falling, could boost positive sentiment.

While a number of nations are seeking ways to regulate crypto trade, the Venezuelan government believes that cryptocurrency is an easy way out of its troubles. . After the launch of its oil cryptocurrency, Petro, the government launched free cryptocurrency classes for its citizens

Still, the success of the Petro is a big question mark for the company. to come up.

Meanwhile, let's look at the top cryptocurrencies and see if we can find profitable business opportunities.

BTC / USD

In our previous analysis, we suggested long positions for aggressive traders. in Bitcoin, but that did not move according to our expectations. It went from $ 10,770.23 on February 24th and dropped to a low of $ 9,502.25 yesterday, February 25th, but stayed above our suggested stop loss of $ 9,400. Bears have not been able to capitalize on weakness and break below critical support.

<img alt=" BTC / USD "src =" https://cointelegraph.com/storage/uploads/view/683ec9279b10b40fd102ea413bab88bb.png "title =" BTC / USD "/>

Today The bulls seized the opportunity and broke with the downtrend line and the 20-day EMA, bullish sign.cross the cap of the SMA at 50 days to $ 10,745 A once the price comes out of the resistance zone from $ 10,745 to $ 10,770, it should get closer to the downline resistance line at $ 11,500

at our recommended stop-stop of $ 9,400 , but if traders find out that cryptocurrency is unable to get out of $ 10,700, they can move the stops to equilibrium. I play security

The BTC / USD pair will be once that he has crossed the bar of $ 12,200, we see also appear a pattern of head and shoulders reversed It should end in a few days.If this happens This will indicate a change in trend and traders can expect higher levels.

Our bullish view will be invalidated if the declines are below the $ 9400 levels.

ETH / USD

Traders who follow us would have entered long positions to Ethereum around the $ 830 mark, as suggested in our previous analysis.

<img alt=" ETH / USD "src =" https://cointelegraph.com/storage/uploads/view/65b147de0667441ccfb42c631c91d058.png "title =" ETH / USD "/>

Currently the price is at 20-day EMA, which can offer strong resistance, but we like the way the ETH / USD has backed above $ 808 the previous two days, February 24 and February 25 , and did not dispute the depressions formed on February 22 and February 23. This shows that the demand is at higher levels.

Once the Ethereum comes out of the 20-day EMA, it is likely to rally to the descending resistance line.We find an ascending triangle in development, which will end on a breakout and close above the $ 1,000 levels, which is a bullish sign, therefore, traders can reserve partial profits at $ 965 and follow the rest with a stop loss suitable for mounting the next upward movement.

But if the price falls to $ 780, our bullish vision will prove to be wrong

BCH / USD

We find no interest in buying Bitcoin Cash for the moment. He struggles to stay above the critical support level of $ 1,150.

<img alt=" BCH / USD "src =" https://cointelegraph.com/storage/uploads/view/908d4c56a25e5c2867bbcae0fbc9ea21.png "title =" BCH / USD "/>

The Recovery attempt will meet resistance to 20-day EMA and 50-day SMA The BCH / USD pair will show the first signs of strength once it will remain above the $ 1,600 levels

Currently we find no buy installation, and that is why we do not recommend any trade on it.

XRP / USD

Bulls have defended the levels of $ 0.85 for the last five days, between $ 0.85 and $ 1.22961 for the next days

<img alt=" XRP / USD "src =" https://cointelegraph.com/storage /uploads/view/3e4d5c5127b43f1c9dc29bc3001ff843.png "title =" XRP / USD "/>

The next step will start once the XRP / USD pair comes out of the fork and the 50-day SMA at $ 1.23. Until then, the price action will most likely remain tied to the range and volatile.

We do not find any configuration of purchase within the range; therefore, no recommendation on the trade so far.

XLM / USD

Bulls have clung to the critical support zone from $ 0.32 to $ 0.35 in recent days. But they have not been able to push higher prices. As a result, Stellar continues to languish near its recent lows.

<img alt=" XLM / USD "src =" https://cointelegraph.com/storage/uploads/view/f385ff4bb0427f9b15d0a88a7ee769dd.png "title =" XLM / USD "/>

Si the bearers manage to fall below $ 0.32, they can push the XLM / USD pair to levels of $ 0.22

However, if the bulls claim their supremacy, We are not certain of the next price movement, so we gave our perspective on both possibilities to traders.

LTC / USD

We recommended traders to build long positions on Litecoin close to the $ 200 mark with a target of $ 240 and US $ 260. We assume that traders would have entered long positions on February 24.

<img alt=" LTC / USD "src =" https: / /cointelegraph.com/storage/uploads/view/53cc15e9425e12df2f48ee25fe402a7b.png "title =" LTC / USD "/>

[19459] 011] For the step For four days, the LTC / USD has been facing strong resistance to the trend line. Currently $ 240 is a critical level of resistance; we can see a move at $ 270 and up from there.

Merchants can maintain their positions and track their stops higher to break even. We think it's better to wait and not lose money on trade

The bullish target is a $ 270 rally where 50% of positions can be closed . The remaining positions can be carried with a final stop loss with a target target of $ 300

Our bullish view will be invalidated if the cryptocurrency falls below $ 175.

ADA / BTC

We had suggested a short-term exchange on Cardano in our previous analysis. Although the price broke from 0.000033 yesterday, February 25th, it never reached our goal of 0.00004070. It has dropped by 0.00003520 levels. Traders can close their positions at current levels with a marginal loss.

<img alt=" ADA / BTC "src =" https://cointelegraph.com/storage/uploads/view/eb62555009418454d0f66dd1f6605a23.png "title =" ADA / BTC "/>

The ADA / BTC pair continues to be low as it is lower than both the 20-day EMA and the 50-day SMA. If the price goes down by 0.00003033, it can slip to the Conversely, the area between the EMA of 20 days and the value 0.00004070 is likely to act as a rigid resistance.

NEO / USD

Today NEO has broken a series of resistance and has also triggered our level of purchase, recommended in the previous analysis. Traders who have entered long positions on our suggestion can keep their stop loss at 105 $.

<img alt=" NEO / USD "src =" https://cointelegraph.com/storage/uploads/view/f5caa142baf158f9fd871d63b86e43bf.png "title =" NEO / USD "/>

A failure of an arish pattern being a descending triangle in this case is a bullish sign. On the rise, $ 140 is a critical resistance; the pair NEO / USD should quickly rise to $ 170 above this level

On the downside, the cryptocurrency could find support at levels of $ 120

EOS / USD

EOS has maintained critical support of $ 7.5 for the past five days. Although he formed a bearish bear triangle pattern, he did not collapse, and the price reached the top of the triangle. The model is now invalidated.

<img alt=" EOS / USD "src =" https://cointelegraph.com/storage/uploads/view/4a4ea32e40143c615f247e23cb669ac7.png "title =" EOS / USD "/>

Si the pair EOS / USD comes out of the downtrend line and the EMA at 20 days, it will probably reach the SMA at 50 days, we find no reliable configuration.

We will turn to the positive as soon as it will start trading at levels above $ 11. The data is provided by HitBTC trading Charts for analysis are provided by TradingView .