Key points:
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Bitcoin has declined from its overhead resistance, but is expected to find support at the moving averages.
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Some major altcoins are facing sell-offs near their resistance levels, but the slight pullback suggests the rally could continue.
Bitcoin (BTC) is under pressure as bears attempt to keep the price below $91,500. BTC exchange-traded funds saw outflows of $243.2 million on Tuesday after attracting $1.16 billion in inflows in the first two trading days of the new year, according to data from Farside Investors. This shows caution at higher levels.
Nonetheless, a positive sign for BTC is that whales and sharks have accumulated 56,227 BTC since mid-December, according to Santiment. The on-chain analytics platform added that cryptocurrency markets “generally follow the path of whales and sharks of major stakeholders and move in the opposite direction of small retail wallets.”
Another bullish voice is Miller Value Partners Chief Investment Officer Bill Miller IV, who said on CNBC that BTC is putting a higher base than it did in the spring of 2025. He expects BTC to “peak higher than its all-time high starting in the fall.”
Could BTC and major altcoins bounce back from their support levels and resume their recovery? Let’s analyze the charts of the top 10 cryptocurrencies to find out.
Bitcoin Price Prediction
BTC declined from $94,789 on Monday, indicating that the bears are trying to keep the price range-bound.
The pullback is likely to find support at the 20-day exponential moving average (EMA) ($90,022). If Bitcoin price rebounds strongly off the 20-day EMA, it increases the possibility of a breakout above the $94,589 resistance. The BTC/USDT pair could then rise to the psychological level of $100,000 and then to $107,500.
Contrary to this assumption, a break below the moving averages suggests that Bitcoin price could extend its stay in the range for some more time. Sellers will regain control if they drop the pair below $84,000.
Ether Price Prediction
Ether (ETH) broke above the symmetrical triangle resistance line on Tuesday, but the bulls failed to hold the higher levels.
Ether price is re-entering the triangle, with the next support at the moving averages. If the price rebounds from the moving averages, the ETH/USDT pair could rise to $3,659 and then to $4,000.
The advantage will tilt in favor of the bears if the price continues to fall and dips below the support line. This suggests that the break above the resistance line may have been a bullish trap. The pair could fall to $2,623 and then to $2,111.
XRP Price Prediction
XRP (XRP) reached the downtrend line of the descending channel on Tuesday, which is expected to act as strong resistance.
The moving averages are on the verge of a bullish crossover and the Relative Strength Index (RSI) is in the positive zone, signaling advantage for buyers. A short-term trend change will be signaled if the bulls close above the downtrend line. The XRP/USDT pair could then rise to $2.70.
The moving averages should provide strong support on the downside. Sellers will need to bring XRP price back below the moving averages to keep the pair in the descending channel for a few more days.
BNB Price Prediction
Sellers are trying to stop BNB’s (BNB) recovery at the $928 level, but the bulls will likely have other plans.
The 20-day EMA ($877) has started to gradually rise and the RSI is in positive territory, indicating that the bulls have the upper hand. A close above the $928 level will complete a bullish ascending triangle pattern, whose target objective is $1,066.
Alternatively, if BNB price continues to decline and breaks below the moving averages, this suggests that the BNB/USDT pair could oscillate between $790 and $928 for some time. Bears will regain command below the $790 level.
Solana Price Prediction
The Solana (SOL) rally is likely to sell near $147, but a positive sign is that the bulls have not given up much ground to the bears.
If the price rises relative to the moving averages, it signals a change in sentiment from selling on a rally to buying on a decline. This increases the possibility of a break above the $147 resistance. The SOL/USDT pair could then jump to $172.
Conversely, if the price breaks below the moving averages, it suggests that the bulls have given up. The price of Solana could then drop to $116. A strong rebound from the $116 level could signal a possible range formation in the near term.
Dogecoin Price Prediction
Dogecoin (DOGE) is expected to sell near $0.16, but the pullback is likely to find support at the moving averages.
If the price rebounds from the moving averages, it shows that bulls view declines as a buying opportunity. This improves the prospects of a rally above the $0.16 resistance. The DOGE/USDT pair could then rise to $0.19.
This positive opinion will be invalidated in the short term if the price of Dogecoin continues to fall and slides below the moving averages. This suggests that bears remain short during rallies. The pair could then fall to $0.13, then to $0.11.
Cardano Price Prediction
Cardano (ADA) climbed above the 50-day simple moving average (SMA) ($0.40) on Monday, but the bulls were unable to build on the breakout.
On the downside, bulls are expected to fiercely defend the area between the 20-day EMA ($0.38) and the $0.37 level. If Cardano price bounces out of the support zone, the ADA/USDT pair could rally towards the $0.50 breakout level.
Conversely, a decline below the $0.37 level indicates that the bears remain active at higher levels. This increases the risk of a breakout below the $0.33 level. The pair could then fall to the October 10 low at $0.27.
Related: Here’s what happened in crypto today
Bitcoin Cash Price Prediction
Bitcoin Cash (BCH) has returned to the $631 breakout level, which is likely to provide strong support.
If Bitcoin Cash price breaks from the $631 level or the 20-day EMA ($609), it indicates that bulls remain in control. The BCH/USDT pair could bounce up to $651 and eventually reach the strong overhead resistance at $720.
The first sign of weakness to the downside is a break below the 20-day EMA. This suggests that buyers are taking profits and the market has rejected the breakout above the $631 level. The pair could then fall towards $518.
Chainlink Price Prediction
Chainlink (LINK) is in a range between $11.61 and $14.98, indicating a buy near support and a sell near resistance.
If the price rises from the moving averages, the LINK/USDT pair could break above the resistance at $14.98. If this happens, Chainlink price could rally to $16.80 and then to $17.66.
Conversely, if the price falls below the moving averages, it suggests that the pair could remain range-bound for some time to come. The next leg of the downtrend could begin with a close below $10.94.
Hyperliquid price prediction
Hyperliquid’s (HYPE) relief rally has reached the 50-day SMA ($29), where the bears are mounting a strong defense.
The 20-day EMA ($26.34) is the crucial support to watch for a decline. If hyperliquid price bounces off the 20-day EMA, the possibility of a breakout above the 50-day SMA increases. The HYPE/USDT pair could then rebound to the breakout level of $35.50.
On the contrary, if the price drops below the 20-day EMA, it suggests that the bears continue to exert pressure. The pair could fall to $23.64 and then to the support at $22.19.
This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research before making a decision. Although we strive to provide accurate and timely information, Cointelegraph does not guarantee the accuracy, completeness or reliability of the information contained in this article. This article may contain forward-looking statements that are subject to risks and uncertainties. Cointelegraph will not be liable for any loss or damage arising from your reliance on such information.
This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research before making a decision. Although we strive to provide accurate and timely information, Cointelegraph does not guarantee the accuracy, completeness or reliability of the information contained in this article. This article may contain forward-looking statements that are subject to risks and uncertainties. Cointelegraph will not be liable for any loss or damage arising from your reliance on such information.
