Key points:
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Bitcoin is attempting to find support near the $88,000 level, signaling positive sentiment.
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Buyers will need to defend support levels in some major altcoins or the rally could run out of steam.
Bitcoin (BTC) is attempting to find support near $88,000, but a handful of U.S. and global macroeconomic factors are creating headwinds for the entire crypto market. As a result, buyers are taking a cautious approach and perhaps waiting to see what impact the renewed trade war between the United States and the European Union will have on the markets.
The big question on traders’ minds is how much the BTC price could fall. Veteran trader Peter Brandt said in an article on
Tom Lee, head of research at Fundstrat, also warned investors to prepare for a “painful decline” in the stock and crypto markets in 2026. However, a minor positive is that Lee expects a strong end to the year, with BTC potentially hitting a new all-time high.
Could buyers stop the decline of BTC and major altcoins? Let’s analyze the charts of the top 10 cryptocurrencies to find out.
Bitcoin Price Prediction
Buyers attempted to initiate a rally in BTC on Wednesday, but bears held firm, indicating selling in rallies.
The 20-day exponential moving average (EMA) ($91,786) is falling and the relative strength index (RSI) is in negative territory, indicating that the bears have a slight advantage. If the $86,500 support gives way, the BTC/USDT pair could fall to $84,000.
The moving averages should behave as resistance during any relief bounce, but if the bulls prevail, Bitcoin price could rally to $94,789 and then to $97,924. A close above $97,924 signals a potential trend change. The pair could then rise to $100,000 and then to $107,500.
Ether Price Prediction
Ether (ETH) dipped below the moving averages on Tuesday and reached the support line of the symmetrical triangle pattern.
The bulls are trying to defend the support line, but the weak bounce suggests that the bears have kept the pressure on. If the price breaks below the support line, the ETH/USDT pair could drop to $2,623.
Time is running out for the bulls. They will need to quickly push the price of Ether above the moving averages to get back into the game. The bullish momentum is expected to accelerate once buyers close above the resistance line.
BNB Price Prediction
BNB’s (BNB) pullback fell below the 50-day simple moving average (SMA) ($885) on Wednesday, indicating that the market rejected the breakout above $928.
BNB price could slide towards the uptrend line, where the bulls are expected to intervene. The bounce from the uptrend line could result in selling to the moving averages. If the price declines from the moving averages, the BNB/USDT pair could fall below the uptrend line. The pair could then test the $790 support.
Buyers will need to push the price above the $959 level to take control. If they succeed, the pair could skyrocket to $1,087.
XRP Price Prediction
XRP (XRP) remains stuck below the moving averages, indicating that the bears continue to apply pressure.
The bears will attempt to bring the XRP price back to $1.77 and then to the crucial support at $1.61. Buyers are expected to fiercely defend the area between the $1.61 level and the descending channel support line. If the price rises sharply from the support zone, it suggests that the pair could remain inside the channel for some time to come.
Buyers will need to push the price above the downtrend line to gain the upper hand. The pair could then rebound towards $2.70.
Solana Price Prediction
Solana’s (SOL) break below the 50-day SMA ($132) suggests that the price could remain in the $117-$147 range for a few more days.
The $117 level is the crucial support to watch on the downside, as a break below could signal the resumption of the downtrend. The SOL/USDT pair could then fall towards $95.
Conversely, a breakout and close above $147 signals that the bulls have dominated the bears. This suggests a potential trend change, propelling Solana price towards $172 and then $189.
Dogecoin Price Prediction
Dogecoin (DOGE) reached the $0.12 support, which should attract strong buying from the bulls.
The relief rally is expected to face a sell-off at the 20-day EMA ($0.13). If the price declines sharply from the 20-day EMA, the risk of a break below the $0.12 support increases. The DOGE/USDT pair could then retest the October 10 low of $0.10.
Contrary to this assumption, a breakout above the moving averages suggests that Dogecoin price could remain in the $0.12 to $0.16 range for some time to come. The advantage will tilt in favor of the bulls in the event of a close above the $0.16 resistance.
Cardano Price Prediction
Cardano (ADA) is attempting to reach support near the $0.33 level, but the recovery is likely to be met with selling in the area between the moving averages and the downtrend line.
If Cardano price declines sharply from overhead resistance, the possibility of a breakout below the $0.33 level increases. The ADA/USDT pair may then collapse to the support line of the descending channel pattern. Buyers are expected to fiercely defend the support line, which is near the October 10 low at $0.27.
This negative opinion will be invalidated in the short term if the price rises and crosses the downtrend line. The pair could then rise to the $0.50 split level.
Related: Can Bitcoin Reclaim $90,000? Bulls in Danger as Long-Term Holders Accelerate Selling
Bitcoin Cash Price Prediction
The Bitcoin Cash (BCH) pullback finds support at the $563 level, indicating demand at lower levels.
The recovery is expected to face a sell-off at the 20-day EMA ($602). If the price declines sharply from the 20-day EMA, it increases the risk of a break below the $563 support. The BCH/USDT pair could then drop to $518.
Alternatively, a break above the moving averages suggests that the bulls are attempting a comeback. Bitcoin Cash price could surge up to the $631 level, which is expected to pose a significant challenge.
Monero Price Prediction
Monero’s (XMR) bounce off the 20-day EMA ($541) on Monday collapsed to $650, indicating selling in rallies.
Monero price fell sharply on Tuesday and closed below the 20-day EMA. This suggests that the XMR/USDT pair may have reached its near-term high. The pair could make a 100% retracement and plunge to $417.
Buyers have a daunting task ahead of them. The relief rally is expected to face a sell-off at the 20-day EMA and then at the $650 level. A close above the $650 level signals that the bulls are back in the game.
Chainlink Price Prediction
Chainlink (LINK) fell below moving averages on Monday, signaling that range-bound action could continue for some time to come.
The flat moving averages and the RSI near the 40 level do not give a clear advantage to either the bulls or the bears. A break below the $11.61 to $10.94 support zone will tilt the advantage in favor of the bears. The LINK/USDT pair could then fall towards the October 10 low at $7.90.
Buyers will need to push Chainlink price above the $14.98 level to signal strength. The pair could then rebound towards $17.66.
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