Key points:
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Buyers are trying to push Bitcoin towards the $76,000 level but are facing significant selling from the bears.
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Several major altcoins are likely to gain momentum if they break above their general resistance levels.
Buyers are attempting to hold Bitcoin (BTC) above the $72,500 level but are expected to face significant resistance from the bears. US BTC spot exchange-traded funds had a mixed week, with two days of inflows and two days of outflows, according to data from Farside Investors. However, a positive sign is that inflows were greater than outflows, resulting in weekly net inflows of $576.5 million.
Although there are signs of recovery, Glassnode said in its latest Week Onchain newsletter that BTC will need to break through the real market average at $78,000 and the short-term holder cost base at $81,600 to move into a sustainable recovery regime. Until then, “the mid- to long-term bias remains tilted to the downside,” as any rally in the area is likely to be met with selling pressure from recent buyers who may want to exit their stalled or near breakeven positions.
Along with BTC, Ether (ETH) could also bottom out. The Capriole Macro Index oscillator recorded a reading of -2.42, signaling undervaluation. In 2022, ETH had reached its lowest level between $1,000 and $1,200 when the indicator fell to -2.2. This suggests limited downside risk and greater upside potential.
Could BTC and some major altcoins continue their relief rally? Let’s analyze the charts of the top 10 cryptocurrencies to find out.
Bitcoin Price Prediction
BTC surpassed $73,000, but the bulls were unable to sustain the higher levels. This suggests that the bears are trying to keep the price below the $72,000 level.
A positive point in favor of the bulls is that the 20-day exponential moving average ($69,587) has started to rise and the relative strength index (RSI) has moved into positive territory. This increases the possibility of a rally up to the $76,000 resistance.
Sellers should defend the $76,000 level with all their might as a close above completes a bullish ascending triangle pattern. The BTC/USDT pair could then rise to $84,000.
Bears will need to quickly bring the BTC price back below the support line to signal a comeback. If they do, the pair risks falling to the crucial $62,500-$60,000 support zone.
Ether Price Prediction
ETH’s pullback finds support at $2,200, signaling that bulls are attempting to tip the level towards support.
If ETH price rises from the current level and rises above $2,274, it improves the prospects of a rally above the $2,400 resistance. If this happens, the ETH/USDT pair could reach $2,800.
This bullish view will be invalidated in the short term if the price declines and crosses below the moving averages. This suggests that higher levels attract sellers. The pair could then fall to strong support at $1,916.
XRP Price Prediction
Buyers failed to push XRP (XRP) above the 50-day simple moving average ($1.38), indicating that bears are aggressively defending the level.
Both moving averages are flattening and the RSI is sitting just below the midpoint, indicating a slight advantage for the bears. A breakout and close below the $1.27 level signals the resumption of the downtrend at $1.11 and later towards the descending channel pattern support line near $0.9.
On the other hand, a break above the 50-day SMA tilts the short-term advantage in favor of buyers. The XRP/USDT pair could then bounce towards the downtrend line, where the bears should pose a strong challenge.
BNB Price Prediction
BNB (BNB) failed to move above the 50-day SMA ($626), indicating that bears are selling on minor rallies.
Sellers will attempt to strengthen their position by bringing the BNB price below the $570 level. If they succeed, the BNB/USDT pair could resume its downtrend until the next strong support at $500.
Conversely, a close above the moving averages indicates that the pair could extend its stay in the range for some time. Buyers will be back in control at the close above the $687 level. This sets the stage for a rally to $730 and then to $790.
Solana Price Prediction
Solana (SOL) consolidated in the $76-$98 range, signaling a buy on dip and sell on rally.
If buyers push SOL price above the moving averages, recovery could reach the $98 level. Sellers are expected to fiercely defend the $98 level, trying to keep the SOL/USDT pair range-bound.
The next trend move is expected to start above the $98 resistance or below the $76 support. If the bulls propel the price above the $98 level, the pair could reach $117. Alternatively, a break below the $76 level could send the pair down to $67.
Dogecoin Price Prediction
Dogecoin (DOGE) failed to break above the downtrend line, indicating that the bears continue to exert pressure.
Sellers will need to quickly bring DOGE price back below the $0.09 support to complete the bearish descending triangle pattern. If they do, the DOGE/USDT pair could plunge to $0.08 and later to the $0.06 setup target.
Instead, if the price rises and breaks above the downtrend line, it suggests that the bulls are aggressively defending the $0.09 level. Failure of a bearish pattern is a positive sign as it is likely to attract buyers. The pair could then start climbing towards the $0.11 resistance.
Hyperliquid price prediction
Hyperliquid (HYPE) gradually increased towards the $41.59 to $43.76 resistance zone, signaling solid demand from the bulls.
The 20-day EMA ($37.91) has started to rise and the RSI is in the positive zone, indicating that the bulls are in control. A close above the overhead resistance zone opens the door for a rally to $50.
Sellers will need to quickly drop the HYPE price below the 50-day SMA ($35.27) to signal a return. If they do, the HYPE/USDT pair could fall all the way to the $29.42 level.
Related: Bitcoin Analysis Sees $55,000 BTC Price at “Iron Bottom” by December 2026
Cardano Price Prediction
Sellers are defending the 50-day SMA ($0.26) in Cardano (ADA), but bulls have not allowed the price to fall back below the $0.25 support.
The first sign of strength will be a close above the 50-day SMA, as it will open the door for a rally towards the downtrend line. Sellers should fiercely protect the downtrend line, as a close above it signals a potential near-term trend change.
On the contrary, a decline below the $0.23 level indicates that the bears have dominated the bulls. This could cause the ADA/USDT pair to fall to $0.22 and later to the support line near the $0.16 level.
Bitcoin Cash Price Prediction
Bitcoin Cash (BCH) faces resistance at the 20-day EMA ($451), but the bulls have not given up much ground to the bears.
This increases the likelihood of a breakout above the 20-day EMA. If this happens, the BCH/USDT pair could rise to the 50-day SMA ($465) and then to the resistance at $486. A close above the $486 level suggests that the market has rejected the break below the $443 support.
The sellers will likely have other plans. They will attempt to defend the moving averages and bring the BCH price back below the $420 level. If they do, the pair could drop to $375.
Chainlink Price Prediction
Chainlink (LINK) has been stuck between $8 and $10 for several days, indicating a balance between supply and demand.
The longer the price stays in a range, the stronger the eventual breakout. The rather flat moving averages and the RSI close to the midpoint give neither the bulls nor the bears a clear advantage.
If LINK price rises from its current level and breaks above the $10 resistance, it suggests the start of a new uptrend. The LINK/USDT pair could then reach $11.61. Conversely, a close below the $8 support could resume the downtrend towards the $6 level.
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