Price Analysis for February 26

The majority of cryptocurrencies have been decreasing since Feb. 20-22.

Bitcoin (BTC) has swept its lows and is in the process of increasing towards the closest resistance. Ethereum (ETH) is in the process of validating the previous all-time high level as support.

XRP (XRP) is consolidating inside a range between $0.36 and $0.63. DFI.Money (YFII) has broken down below the $2,460 support area but has bounced at a long-term ascending support line.

OMG Network (OMG) has bounced at an ascending support line and reclaimed the $4.40 resistance area afterward. Bitcoin Cash (BCH) has fallen through the $600 area, and technical indicators have turned bearish.

BZX Protocol (BZRX) has returned to the previous breakout level at $0.38.

Bitcoin (BTC)

BTC has been decreasing since Feb. 21, when it was trading at an all-time high of $58,351. Throughout the fall, it has been potentially following a descending resistance line that hasn’t yet been validated sufficient times. 

BTC has bounced at the $46,000 support area after previously touching the lows. Furthermore, a considerable bullish divergence has developed in the RSI, a sign that the price is heading higher. 

BTC is expected to break out above the descending resistance line, increase towards the $51,600 resistance area, and possibly higher.

BTC Chart By TradingView

Ethereum (ETH)

ETH has been decreasing since reaching an all-time high price of $2,042 on Feb. 20. The ongoing decrease has taken it back to the $1,400 level, which previously acted as the all-time high. 

ETH has potentially initiated a bounce since reaching this level, making it possible that the decline is just a bullish retest of that level. 

Technical indicators do not yet confirm the bearish reversal, so as long as ETH does not reach a close below the $1,400 area, it would likely continue increasing and reach a new all-time high.

ETH Chart By TradingView

XRP (XRP)

The XRP chart looks dissimilar to BTC and ETH, mostly since it’s not anywhere close to its previous all-time highs. 

On the contrary, XRP is trading inside a range between $0.36 and $0.63, being very close to the former. 

Technical indicators are bearish. Thus a fall towards the $0.36 is likely, followed by further consolidation inside this range.

XRP Chart By TradingView

DFI. Money (YFII)

YFII has been decreasing since Feb. 19, when it was trading at a high of $3,682. While the decline took it to a low of $1,807 on Feb. 23, YFII bounced as soon as it touched the long-term ascending support line, which has been in place since Nov. 1, 2020. 

Despite the bounce, technical indicators are bearish, and YFII has fallen below the previous resistance at $2,460, which was likely to act as support. 

Until YFII manages to reclaim this area, we cannot consider the trend bullish, despite YFII being above the ascending support line.

YFII Chart By TradingView

OMG Network (OMG)

OMG has been decreasing since Feb. 14, when it reached a high of $8.22. The decline has taken it to a low of $3.69, where it bounced on an ascending support line. 

Despite technical indicators being bearish, OMG has reclaimed the $4.40 area, which previously acted as resistance, likely validating it as support. 

As long as OMG is trading above this support line and area, the trend is bullish.

OMG Chart By TradingView

Bitcoin Cash (BCH)

BCH has been decreasing since reaching a high of $773 on Feb. 15. The fall has taken it to a low of $433 on Feb. 23. 

BCH made a low right at the support line of a parallel channel, which possibly means this is a running flat correction.

Nevertheless, technical indicators are bearish, and until BCH manages to clear the $600 resistance area, the trend remains bearish.

BCH Chart By TradingView

BZX Protocol (BZRX)

BZRX has been decreasing since reaching a high of $0.85 on Feb. 13. So far, the drop has taken BZRX to a low of $0.346 on Feb. 26.

BZRX has bounced since, currently trading inside the $0.38 area, the previous resistance area from which BZRX broke out at the beginning of February. 

Therefore, despite technical indicators being bearish, as long as BZRX is trading above this area, the trend is bullish.

BZRX Chart By TradingView

For BeInCrypto’s latest Bitcoin (BTC) analysis, click here.

Disclaimer


All the information contained on our website is published in good faith and for general information purposes only. Any action the reader takes upon the information found on our website is strictly at their own risk.

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bitcoin
Bitcoin (BTC) $ 34,276.00 2.94%
ethereum
Ethereum (ETH) $ 1,936.76 0.46%
tether
Tether (USDT) $ 1.00 0.43%
polkadot
Polkadot (DOT) $ 15.63 1.63%
cardano
Cardano (ADA) $ 1.34 0.90%
binance-coin
Binance Coin (BNB) $ 294.56 3.15%
xrp
XRP (XRP) $ 0.644563 0.61%
litecoin
Litecoin (LTC) $ 132.48 0.22%
chainlink
Chainlink (LINK) $ 18.39 0.96%
bitcoin-cash
Bitcoin Cash (BCH) $ 472.31 3.25%
stellar
Stellar (XLM) $ 0.259056 1.03%
usd-coin
USD Coin (USDC) $ 1.00 0.08%
dogecoin
Dogecoin (DOGE) $ 0.262377 11.51%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 34,231.00 2.85%
uniswap
Uniswap (UNI) $ 17.32 0.08%
aave
Aave (AAVE) $ 201.11 0.58%
cosmos
Cosmos (ATOM) $ 9.85 0.55%
monero
Monero (XMR) $ 208.12 3.63%
eos
EOS (EOS) $ 3.78 1.62%
bitcoin-sv
Bitcoin SV (BSV) $ 128.44 2.19%
tron
TRON (TRX) $ 0.065265 0.59%
nem
NEM (XEM) $ 0.113440 0.85%
iota
IOTA (MIOTA) $ 0.794607 0.59%
vechain
VeChain (VET) $ 0.078020 0.31%
tezos
Tezos (XTZ) $ 2.68 2.95%
theta-token
Theta Network (THETA) $ 6.96 0.01%
havven
Synthetix Network Token (SNX) $ 6.54 1.26%
avalanche-2
Avalanche (AVAX) $ 11.19 0.11%
neo
NEO (NEO) $ 33.72 0.88%
terra-luna
Terra (LUNA) $ 5.30 0.50%
dash
Dash (DASH) $ 126.61 1.42%
huobi-token
Huobi Token (HT) $ 10.45 4.93%
okb
OKB (OKB) $ 10.25 1.19%
elrond-erd-2
Elrond (EGLD) $ 65.34 1.20%
crypto-com-chain
Crypto.com Coin (CRO) $ 0.102277 6.31%
the-graph
The Graph (GRT) $ 0.582347 1.27%
compound-ether
cETH (CETH) $ 38.67 0.14%
solana
Solana (SOL) $ 31.13 4.14%
maker
Maker (MKR) $ 2,176.42 1.36%
filecoin
Filecoin (FIL) $ 55.58 4.00%
cdai
cDAI (CDAI) $ 0.021564 0.15%
dai
Dai (DAI) $ 1.00 0.07%
ftx-token
FTX Token (FTT) $ 25.45 1.95%
celsius-degree-token
Celsius Network (CEL) $ 5.68 0.68%
sushi
Sushi (SUSHI) $ 6.69 2.59%
kusama
Kusama (KSM) $ 194.87 0.19%
compound-governance-token
Compound (COMP) $ 242.50 1.90%
zcash
Zcash (ZEC) $ 110.05 2.86%
ethereum-classic
Ethereum Classic (ETC) $ 42.20 1.31%
decred
Decred (DCR) $ 107.27 2.56%
binance-usd
Binance USD (BUSD) $ 1.00 0.24%
compound-usd-coin
cUSDC (CUSDC) $ 0.022134 0.20%
zilliqa
Zilliqa (ZIL) $ 0.075869 0.96%
uma
UMA (UMA) $ 8.65 3.04%
yearn-finance
yearn.finance (YFI) $ 30,715.00 0.33%
leo-token
LEO Token (LEO) $ 2.40 0.50%
pancakeswap-token
PancakeSwap (CAKE) $ 13.23 3.25%
waves
Waves (WAVES) $ 14.12 7.48%
near
Near (NEAR) $ 2.10 1.44%
amp-token
Amp (AMP) $ 0.061166 1.06%
0x
0x (ZRX) $ 0.650157 1.46%
huobi-btc
Huobi BTC (HBTC) $ 34,194.00 2.66%
algorand
Algorand (ALGO) $ 0.861508 4.04%
digibyte
DigiByte (DGB) $ 0.043603 2.40%
icon
ICON (ICX) $ 0.765185 0.49%
hedera-hashgraph
Hedera Hashgraph (HBAR) $ 0.183908 0.38%
nexo
NEXO (NEXO) $ 1.52 2.57%
xsushi
xSUSHI (XSUSHI) $ 7.79 1.52%
ethos
Voyager Token (VGX) $ 2.25 9.51%
loopring
Loopring (LRC) $ 0.225223 4.16%
thorchain
THORChain (RUNE) $ 6.42 10.37%
ontology
Ontology (ONT) $ 0.634108 0.33%
renbtc
renBTC (RENBTC) $ 34,049.00 2.93%
nano
Nano (NANO) $ 5.02 10.39%
basic-attention-token
Basic Attention Token (BAT) $ 0.551034 0.49%
omisego
OMG Network (OMG) $ 3.79 2.76%
republic-protocol
REN (REN) $ 0.359305 4.05%
zencash
Horizen (ZEN) $ 61.48 4.61%
bittorrent-2
BitTorrent (BTT) $ 0.002524 1.55%
swissborg
SwissBorg (CHSB) $ 0.487186 7.00%
ravencoin
Ravencoin (RVN) $ 0.053841 0.42%
iostoken
IOST (IOST) $ 0.019732 8.24%
qtum
Qtum (QTUM) $ 6.03 0.64%
paxos-standard
Paxos Standard (PAX) $ 1.00 0.13%
venus
Venus (XVS) $ 19.10 4.46%
blockstack
Stacks (STX) $ 0.691070 8.27%
matic-network
Polygon (MATIC) $ 1.16 2.41%
curve-dao-token
Curve DAO Token (CRV) $ 1.67 7.66%
siacoin
Siacoin (SC) $ 0.011810 13.02%
quant-network
Quant (QNT) $ 77.82 7.66%
bancor
Bancor Network Token (BNT) $ 3.05 0.83%
reserve-rights-token
Reserve Rights Token (RSR) $ 0.022471 0.05%
fantom
Fantom (FTM) $ 0.228675 8.13%
mdex
Mdex (MDX) $ 1.64 1.47%
enjincoin
Enjin Coin (ENJ) $ 1.01 2.25%
energy-web-token
Energy Web Token (EWT) $ 6.04 3.55%
lisk
Lisk (LSK) $ 2.03 2.57%
ampleforth
Ampleforth (AMPL) $ 0.861965 0.35%
balancer
Balancer (BAL) $ 17.22 0.05%
terrausd
TerraUSD (UST) $ 1.00 0.73%
ocean-protocol
Ocean Protocol (OCEAN) $ 0.417303 0.74%
husd
HUSD (HUSD) $ 1.00 0.97%
nxm
Nexus Mutual (NXM) $ 73.93 0.83%
1inch
1inch (1INCH) $ 2.57 1.87%
bitcoin-gold
Bitcoin Gold (BTG) $ 40.94 1.46%
kyber-network
Kyber Network Crystal Legacy (KNCL) $ 1.36 0.91%
verge
Verge (XVG) $ 0.021904 0.16%
decentraland
Decentraland (MANA) $ 0.502835 1.78%
alpha-finance
Alpha Finance (ALPHA) $ 0.380029 0.39%
flow
Flow (FLOW) $ 8.62 1.26%
band-protocol
Band Protocol (BAND) $ 5.47 2.45%
status
Status (SNT) $ 0.045292 4.65%
dodo
DODO (DODO) $ 0.918059 2.05%
bitcoin-cash-abc-2
Bitcoin Cash ABC (BCHA) $ 24.31 3.68%
compound-usdt
cUSDT (CUSDT) $ 0.021279 0.27%
xdce-crowd-sale
XDC Network (XDC) $ 0.057296 3.31%
staked-ether
Lido Staked Ether (STETH) $ 1,931.45 0.24%
arweave
Arweave (AR) $ 11.01 2.67%
polymath-network
Polymath Network (POLY) $ 0.148634 8.78%
safepal
SafePal (SFP) $ 0.691642 5.90%
true-usd
TrueUSD (TUSD) $ 1.00 0.28%
zkswap
ZKSwap (ZKS) $ 0.783847 5.80%
polkastarter
Polkastarter (POLS) $ 1.01 1.63%
ethlend
Aave [OLD] (LEND) $ 2.11 0.65%
helium
Helium (HNT) $ 11.82 1.39%
civic
Civic (CVC) $ 0.189400 1.74%
pundi-x
Pundi X [OLD] (NPXS) $ 0.000928 11.48%
kava
Kava.io (KAVA) $ 3.40 0.34%
golem
Golem (GLM) $ 0.237803 8.26%
harmony
Harmony (ONE) $ 0.059429 1.09%
nucypher
NuCypher (NU) $ 0.228624 1.96%
holotoken
Holo (HOT) $ 0.005934 0.72%
nusd
sUSD (SUSD) $ 1.01 0.44%
electroneum
Electroneum (ETN) $ 0.006111 0.22%
nervos-network
Nervos Network (CKB) $ 0.012625 4.48%
derivadao
DerivaDAO (DDX) $ 2.29 1.46%
district0x
district0x (DNT) $ 0.127481 0.52%
bitcoin-diamond
Bitcoin Diamond (BCD) $ 2.05 3.46%
trust-wallet-token
Trust Wallet Token (TWT) $ 0.301235 0.49%
rif-token
RSK Infrastructure Framework (RIF) $ 0.153174 5.10%
swipe
Swipe (SXP) $ 1.83 3.07%
gnosis
Gnosis (GNO) $ 145.62 1.46%
numeraire
Numeraire (NMR) $ 27.80 2.09%
rook
KeeperDAO (ROOK) $ 135.37 7.16%
kucoin-shares
KuCoin Token (KCS) $ 6.85 0.81%
btc-standard-hashrate-token
BTC Standard Hashrate Token (BTCST) $ 21.26 3.23%
aragon
Aragon (ANT) $ 3.60 1.57%
fetch-ai
Fetch.ai (FET) $ 0.204723 1.22%
litentry
Litentry (LIT) $ 2.42 0.03%
funfair
FUNToken (FUN) $ 0.017097 0.06%
chiliz
Chiliz (CHZ) $ 0.244866 3.35%
seth
sETH (SETH) $ 1,958.73 0.34%
oasis-network
Oasis Network (ROSE) $ 0.052283 2.14%
injective-protocol
Injective Protocol (INJ) $ 5.97 0.95%
vethor-token
VeThor Token (VTHO) $ 0.006629 3.91%
saffron-finance
saffron.finance (SFI) $ 310.95 4.03%
augur
Augur (REP) $ 12.46 1.27%
the-sandbox
The Sandbox (SAND) $ 0.199920 0.57%
singularitynet
SingularityNET (AGIX) $ 0.148998 2.36%
secret
Secret (SCRT) $ 1.03 6.37%
telcoin
Telcoin (TEL) $ 0.022963 0.75%
serum
Serum (SRM) $ 2.89 0.41%
gatechain-token
GateToken (GT) $ 3.14 1.03%
mainframe
Hifi Finance (MFT) $ 0.006080 4.44%
sbtc
sBTC (SBTC) $ 34,500.00 2.64%
compound-uniswap
cUNI (CUNI) $ 0.348284 0.66%
ardor
Ardor (ARDR) $ 0.111234 2.36%
vai
Vai (VAI) $ 0.905189 2.26%
utrust
UTRUST (UTK) $ 0.217892 0.16%
prometeus
Prometeus (PROM) $ 11.78 2.70%
reddcoin
Reddcoin (RDD) $ 0.002049 22.46%
monacoin
MonaCoin (MONA) $ 1.41 1.27%
noia-network
Syntropy (NOIA) $ 0.167453 2.48%
compound-0x
c0x (CZRX) $ 0.013415 3.19%
wink
WINkLink (WIN) $ 0.000398 0.05%
ankr
Ankr (ANKR) $ 0.072332 6.79%
bytom
Bytom (BTM) $ 0.061121 0.33%
rocket-pool
Rocket Pool (RPL) $ 8.89 0.92%
origintrail
OriginTrail (TRAC) $ 0.239662 10.79%
steem
Steem (STEEM) $ 0.258800 6.12%
maidsafecoin
MaidSafeCoin (MAID) $ 0.655862 1.73%
tomochain
TomoChain (TOMO) $ 1.39 5.90%
edgeware
Edgeware (EDG) $ 0.006151 7.89%
skale
SKALE (SKL) $ 0.224015 0.40%
stratis
Stratis (STRAX) $ 1.29 0.30%
hegic
Hegic (HEGIC) $ 0.073711 5.21%
komodo
Komodo (KMD) $ 0.618020 1.21%
bitshares
BitShares (BTS) $ 0.044118 0.24%
unibright
Unibright (UBT) $ 1.02 8.72%
coinmetro
CoinMetro (XCM) $ 0.272612 4.18%
ark
Ark (ARK) $ 0.773584 3.29%
mirror-protocol
Mirror Protocol (MIR) $ 4.45 6.08%
keep-network
Keep Network (KEEP) $ 0.275347 2.02%
neutrino
Neutrino USD (USDN) $ 0.995964 1.31%
iexec-rlc
iExec RLC (RLC) $ 2.68 4.20%
harvest-finance
Harvest Finance (FARM) $ 48.31 3.41%
iotex
IoTeX (IOTX) $ 0.016003 2.74%
badger-dao
Badger DAO (BADGER) $ 8.67 4.73%
redfox-labs-2
RedFOX Labs (RFOX) $ 0.058025 2.10%
empty-set-dollar
Empty Set Dollar (ESD) $ 0.042563 4.26%
ultra
Ultra (UOS) $ 0.452550 5.52%
wanchain
Wanchain (WAN) $ 0.538157 0.25%
iris-network
IRISnet (IRIS) $ 0.071225 0.92%
perpetual-protocol
Perpetual Protocol (PERP) $ 5.18 10.73%
trustswap
Trustswap (SWAP) $ 0.821482 9.70%
tokenlon
Tokenlon (LON) $ 3.13 1.23%
orion-protocol
Orion Protocol (ORN) $ 5.56 4.13%
titanswap
TitanSwap (TITAN) $ 3.41 1.64%
tether-gold
Tether Gold (XAUT) $ 1,783.44 0.13%
wax
WAX (WAXP) $ 0.097725 2.04%
yfii-finance
DFI.money (YFII) $ 1,796.94 1.16%
aelf
aelf (ELF) $ 0.157050 7.21%
haven
Haven (XHV) $ 7.51 6.41%
pax-gold
PAX Gold (PAXG) $ 1,790.50 0.12%
defipulse-index
DeFiPulse Index (DPI) $ 231.47 0.19%
math
MATH (MATH) $ 1.16 0.50%
api3
API3 (API3) $ 2.18 7.27%
sora
Sora (XOR) $ 184.46 2.73%
dent
Dent (DENT) $ 0.002350 0.84%
loom-network
Loom Network (OLD) (LOOMOLD) $ 0.042859 2.30%
nftx
NFTX (NFTX) $ 43.44 7.07%
gala
Gala (GALA) $ 0.006614 7.83%
axie-infinity
Axie Infinity (AXS) $ 3.67 1.14%
beefy-finance
Beefy.Finance (BIFI) $ 1,022.54 8.14%
swingby
Swingby (SWINGBY) $ 0.073553 10.06%
parsiq
PARSIQ (PRQ) $ 0.571439 2.47%
akropolis
Akropolis (AKRO) $ 0.016844 3.88%
nest
Nest Protocol (NEST) $ 0.010255 1.13%
stakehound-staked-ether
StakeHound Staked Ether (STETH) $ 1,879.43 0.65%
akash-network
Akash Network (AKT) $ 4.05 25.87%
cream-2
Cream (CREAM) $ 148.34 3.95%
auto
Auto (AUTO) $ 911.29 3.77%
storj
Storj (STORJ) $ 0.656712 1.25%
e-radix
e-Radix (EXRD) $ 0.137917 7.90%
hive
Hive (HIVE) $ 0.235874 1.58%
chainx
ChainX (PCX) $ 3.59 5.97%
wrapped-nxm
Wrapped NXM (WNXM) $ 53.12 0.35%
hathor
Hathor (HTR) $ 0.350935 7.80%
gemini-dollar
Gemini Dollar (GUSD) $ 0.993883 0.51%
frontier-token
Frontier (FRONT) $ 0.511888 8.17%
everid
Everest (ID) $ 0.221258 5.15%
lto-network
LTO Network (LTO) $ 0.178352 2.07%
power-ledger
Power Ledger (POWR) $ 0.137115 7.52%
livepeer
Livepeer (LPT) $ 22.07 5.92%
xdai-stake
xDAI Stake (STAKE) $ 8.73 2.11%
rari-governance-token
Rari Governance Token (RGT) $ 4.84 2.10%
cashaa
Cashaa (CAS) $ 0.021557 2.02%
energi
Energi (NRG) $ 1.72 1.81%
bytecoin
Bytecoin (BCN) $ 0.000423 2.78%
duckdaodime
DuckDaoDime (DDIM) $ 11.38 3.27%