Key points:
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The Bitcoin price is located nearly $ 97,000 while traders are waiting for the minutes of today’s FOMC.
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Bitcoin holds $ 95,000, because the support is essential for the bullish expansion of short -term prices.
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Select Altcoins holds their respective support levels, opening the doors for a short -term rally.
Bitcoin bulls (BTC) try to reverse the immediate resistance to $ 97,895 and challenge the level of $ 100,000 very important. The Crypto Santly Analysis Platform said in an article on X that Bitcoin portfolios holding between 10 and 10,000 Bitcoin were positive as for additional gains, as they acquired 81,338 bitcoin in the past six weeks.
Investors have also been accumulating in the Bitcoin negotiated BlackRock fund for 16 days, which has increased its new capital entries to around $ 4.7 billion, according to the president of the ETF store, Nate Geraci.
Bloomberg ETF analyst Eric Balchunas also suggested that the Bitcoin ETF spot “will have Triple Gold assets in 3 to 5 years”.
According to Bitfinex data, Bitcoin must maintain above $ 95,000 to report a “structural change” in bullish territory, opening the doors of a rally at a top of all time. However, if the level of $ 95,000 cracks, analysts expect Bitcoin to see a deeper correction.
Could Bitcoin contest the resistance of $ 100,000? Does Select Altcoins display the signs of a short-term movement? Let’s analyze the graphics of the 10 best cryptocurrencies to discover it.
Bitcoin price prediction
Bitcoin bounded on the 20 -day exponential mobile average ($ 93,091) on May 6, indicating that the feeling remains positive and that traders buy decreases.
There is a minor resistance at $ 97,895, but if the level is crossed, the BTC / USDT pair could challenge psychological resistance to $ 100,000. Sellers should vigorously defend the level because a break higher than it could propel the pair at $ 107,000.
Time is exhausted for bears. If they want to make a comeback, they will have to run and keep the price below the 20 -day EMA. If they succeed, the pair could go to the 50 -day simple mobile average ($ 87,441).
Ether price prediction
Bear find it difficult to pull the ether (ETH) below the mobile averages, indicating a lack of sale at lower levels.
Buyers will try to take advantage of the situation and increase the price above the immediate resistance to $ 1,873. If they do this, the ETH / USDT pair could start and soar around $ 2,111. There is a minor resistance at $ 1,957, but it should be set up.
Sellers are likely to have other plans. They will try to pull the price below the mobile averages, opening the doors for a fall at $ 1,537. Buyers will try to defend the level of $ 1,537, but if they fail in their business, the pair can collapse in vital support at $ 1,368.
XRP price prediction
XRP (XRP) fell below the mobile averages on May 4, but the Bears could not browse the price with $ 2 support.
Flatted mobile averages and the RSI just below the median point suggest that the XRP / USDT pair can be stuck between the resistance line and the $ 2 support for a little more time.
A rupture and close above the resistance line indicates a change in potential trend. The pair could then come together around $ 3. Conversely, a break and a closure below $ 2 opens the doors for a collapse of the support area from $ 1.72 to $ 1.61.
Price prediction BNB
The failure of bears to maintain the BNB (BNB) below the mobile averages indicates demand at lower levels.
Bulls will have to try to overcome the barrier at $ 620 to clean the path of a rally with a strong resistance to general costs at $ 644. Sellers will try to stop the recovery at $ 644, but if the Bulls prevail, the next stop could be $ 680.
This positive view will be invalidated in the short term if the BNB / USDT pair refuses and breaks below $ 576 support. This increases the risk of falling to $ 520. Buyers should defend the area from $ 500 to $ 520 aggressively.
Solana price prediction
Solana (soil) finds support for mobile averages, signaling a positive feeling where the hollows are purchased.
The Bulls will try to strengthen their position by pushing the price above the resistance of $ 153. If they can remove it, the floor / USDT pair could increase to $ 180, then to $ 200. This indicates that the pair can swing inside the wide range of $ 110 to $ 260 for a while.
Sellers will have to slide the price below the 20 -day EMA to prevent the increase. The pair could then tumble at SMA of 50 days ($ 133). This indicates a consolidation between $ 110 and $ 153 for a few days.
Dogecoin price prediction
DOGECOIN (DOGE) hung on to the mobile averages, signaling a balance between supply and demand.
If the price closes below mobile averages, the Bears will try to pull the Doge / USDT pair to support the range at $ 0.14. Bulls will try to keep the pair inside the range by buying almost $ 0.14.
Uplining, buyers will have to drive and maintain the price of more than $ 0.21 to suggest a short -term change of trend. The pair could come together at $ 0.25 and subsequently the model target of $ 0.28.
Cardano price prediction
Cardano (ADA) attends a difficult battle between buyers and sellers near mobile averages.
Flattered mobile averages and the RSI near the median point do not give a clear advantage or to the Bulls or the Bears. If the price increases from the current level, it should face the sale at $ 0.75. A breakup and closure above $ 0.75 could propel the pair at $ 0.83.
Lowering, there is solid support at $ 0.58. If the price bounces $ 0.58, the ADA / USDT pair could form a range. The sellers will take control of a break below the $ 0.58 support. The pair can then go down to the support area from $ 0.54 to $ 0.50.
In relation: Can the XRP price reach $ 4 in May? Analysts look at these key levels
SUD price prediction
SUP (SUI) rebounded from the 20 -day EMA ($ 3.14) on May 6, indicating that lower levels attract buyers.
There is a minor resistance at $ 3.50, but if it is crossed, the SUI / USDT pair could rise to $ 3.90. Sellers should defend the level of $ 3.90 with all their might, as a break above could propel the SU / USDT pair at $ 4.25 and finally at $ 5.
Instead, if the price decreases and breaks below the 20 -day EMA, this suggests that the bulls rush at the exit. The pair may fall to the solid support at $ 2.86, then to SMA of 50 days ($ 2.61).
Online price prediction
ChainLink (Link) finds support for the 50 -day SMA ($ 13.66), but the failure to trigger a solid rebound suggests that the Bears have maintained the pressure.
If the 50 -day SMA gives in, the Link / USDT pair could fall in $ 11.68. Buyers will try to defend the level, but the emergency rally is likely to deal with the sale of moving averages. If the price decreases in mobile averages, the pair could fall on the support line of the downhill channel.
Unlike, if the price turns out to be the current level and maintains above the 20-day EMA ($ 13.99), the pair could rally to the resistance line. Buyers will have to pierce the resistance line to point out that the downward trend could be completed.
Avalanche price prediction
Avalanche (AVAX) slipped below the 50 -day SMA ($ 19.90), indicating that the action linked to the beach could continue for a few more days.
If the price unscrewed less than $ 18.50, the AVAX / USDT pair could fall to the range of the range at $ 15.27. Buyers should aggressively defend the level of $ 15.27, because a break below can resume the downward trend.
Alternatively, a rebound on the current level suggests that the bulls try to keep the pair inside the upper half of the beach. Buyers will have to generate the price of more than $ 23.50 to start a move at $ 28.78, then to the model target of $ 31.73.
This article does not contain investment advice or recommendations. Each investment and negotiation movement involves risks and readers should conduct their own research when they make a decision.
