Bitcoin Today Attempts to Surpass $85K While PI Network Recovers After 30% Drop
On Saturday, March 22, 2025, Bitcoin price today is trading at $84.300, up 0,5% in the last 24 hours. A clear move above the $85.550 resistance level could start a stronger increase.
Similarly, most of the major altcoins are attempting to rally. ETH has gained over 2% and is trading at $1.989,37. XRP is close to the $2,45 resistance zone. Solana is trading at $130,29 today with a 3% gain. ADA is rising towards the $0,72 level.
In this article, we will discuss:
- Bitcoin Price Analysis
- Cryptocurrencies Today
Bitcoin Price Analysis
After forming a base above the $81.500 level, bitcoin price started an attempt to move higher. BTC managed to recover above the $83.800 resistance zone. The price even broke above the $84.300 level but retreated back to near $83.500. The next major resistance is near $85.530, above which the price could rise to $88.000. Any further gains could take the price to $90.450.
On the downside, an initial support is near the $83.500 level and the 50 hourly simple moving average. The next major support is near the $80.800 zone, below which the price could decline to $77.000.
Cryptocurrencies Today
Pi Network’s native token has been among the worst performers on a weekly scale, with PI coin trading at around $0,85 and down over 30%. However, it finally saw some relief in the past 24 hours as its price returned to $1 after a 15% surge.
HYPE is the other notable gainer since yesterday, having surged 14-5%. It is now trading above $16. In contrast, XRP, BNB, ADA, LEO, TON, and XLM are attempting a rally, while ETH, SOL, DOGE, and TRX have marked minor gains.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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