Analysis: BTC stabilizes at 51000 USDT, ETH, UNI, FIL and GRT are bullish

According to trader Rakesh Upadhyay's analysis: Bitcoin has consistently found support around $50,500, with resistance close to $53,000. This suggests consolidation within a narrow range. It is a positive signal indicating that the bulls are not in a hurry to exit.

ETH: The upward sloping 20-day exponential moving average ($2,784) and overbought RSI suggest that the bulls are in command. A closing price above $3,000 could trigger the next uptrend. The ETH/USDT pair may first rise to $3,300 and then ascend to $3650.

UNI: The long wick on February 24th candlestick shows aggressive profit booking near $12.85. This initiated correction which might find support at the 50% Fibonacci retracement level of $9.91. If prices rise from current levels, bulls will attempt to push UNI/USDT pair up towards $11.63 and then further up towards $12.85 again . Breaking through$12.85 could clear way for rebounding back up to$17.

FIL: This currency pair bounced off its 20-day moving average line showing market sentiment remains optimistic as traders view dips as buying opportunities.If buyers keep price above$8 .57 , this currency pair may accelerate toward$9 .

GRT: If prices hold above $.30 , GRT / USDT could soar up towards$.37 . Upside risks come from an overbought RSI suggesting short-term corrections or consolidations may occur.If price breaks below its 20 - day moving average ($.22 ), trend would favor bears.