The crypto market opened the final day of March under heavy selling pressure, with Bitcoin sliding below the key $82,000 mark

Bitcoin has decisively broken below the psychological $82,000 support, slipping to $81,981 at the time of writing. The move comes amid risk-off sentiment

The crypto market opened the final day of March under heavy selling pressure, with Bitcoin sliding below the key $82,000 mark, Cardano weakening amid falling volume, and XRP holding precariously above $2.06. Broader macro fears—including renewed U.S.-China tariff tensions—appear to be fueling cautious sentiment across risk assets, while technical indicators flash early warning signs of further downside.

Let’s break down what’s happening on the charts and where prices could be headed next.

Bitcoin (BTC/USD): Break Below $82K Opens Door to Deeper Correction

Bitcoin has decisively broken below the psychological $82,000 support, slipping to $81,981 at the time of writing. The move comes amid risk-off sentiment as traders digest reports of potential new tariffs on Chinese imports, reigniting fears of a global trade war.

Key Technical Highlights:

Outlook

If BTC fails to reclaim $82,700 on a daily close, bears may aim for a retest of $73,700, with further downside likely toward $66,200. RSI hasn’t hit oversold yet, suggesting room for deeper correction before a meaningful bounce.

Cardano (ADA/USD): Volume Vanishes, Price Teeters on $0.64 Support

Cardano is struggling to attract buy interest, with daily volume shrinking alongside price. ADA is currently hovering near $0.6464, testing a major horizontal support level. A clean break below here could expose the altcoin to a fast slide toward $0.60 or even $0.52.

Key Technical Highlights:

Volume Analysis:

Declining volume confirms the weakening bullish conviction. If sellers gain traction below $0.64, it could accelerate a drop toward $0.52, where strong demand last emerged.

XRP/USD: Holding the Line at $2.06, But Bulls Look Tired

Ripple’s XRP is trading at $2.0667, testing a key support after consolidating in a narrowing range. While XRP has outperformed peers in recent sessions, technical momentum is fading, and MACD suggests bearish divergence.

Key Technical Highlights:

Price Action Outlook:

A sustained break below $2.06 could push XRP toward $1.94. However, oversold RSI conditions suggest the potential for a technical bounce if broader sentiment stabilizes.

Market Sentiment: Tariff Tensions Weigh, Risk-Off Ahead of April

Global headlines are turning risk-averse again. Talks of new U.S.-China trade tariffs are spooking both equity and crypto markets. Traders are shifting to the sidelines as Q2 begins, awaiting fresh cues from the Federal Reserve, April CPI data, and broader geopolitical developments.

Key Events to Watch:

Conclusion: Crypto Bears Roar—But the Game Isn’t Over

As Bitcoin slides below $82K, Cardano volume thins out, and XRP tests critical support, the crypto market is clearly at a turning point. Whether this is a short-term shakeout or the start of a deeper correction, traders need to stay sharp, watch technical signals closely, and prepare for volatile April price action.

With bitcoin halving 2025 approaching and regulatory headlines heating up, every move matters. Now more than ever, understanding BTC support and resistance, ADA RSI signals, and XRP news catalysts can help traders stay ahead of the game.