Key points:
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Bitcoin finds buying support below the $107,000 level, but the relief rally is likely to be sold off.
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Several altcoins have reached strong support levels, but the lack of a solid rebound suggests that the downward pressure could continue for some time.
Bitcoin (BTC) remains under pressure as bears attempt to keep the price below the strong support level of $107,000. The decline indicates negative sentiment as dip buyers stay away due to credit issues at regional U.S. banks.
However, Bitwise analysts said in their weekly crypto market report that the massive liquidations on October 10 indicate an exhaustion of sales, thus limiting any further decline. The analysts added that the decline in their internal intraday cryptoasset sentiment index to early August 2024 levels signals a “contrarian buying opportunity.”
In contrast, Glassnode has taken a cautious approach. He said in a recent report that markets were in a reset phase and new demand was needed to confirm the recovery. The report highlights that the supply of long-term holders has fallen by approximately 0.3 million BTC since July 2025, indicating that mature investors have made profits. Glassnode predicts that the market will “enter a consolidation phase.”
What are the critical support levels to watch in BTC and major altcoins? Let’s analyze the charts of the top 10 cryptocurrencies to find out.
Bitcoin Price Prediction
BTC continued its downtrend and fell below the $107,000 support on Friday, but the long tail of the candlestick shows buying at lower levels.
A close below $107,000 will complete a double top pattern. The BTC/USDT pair could then skid to psychological support at $100,000. Buyers should defend the $100,000 level with all their might, as a break below opens the door for a collapse towards the $89,526 target.
This negative opinion will be invalidated in the short term if the price of Bitcoin increases and exceeds the moving averages. This suggests that the break below the $107,000 level may have been a bear trap.
Ether Price Prediction
Ether (ETH) is witnessing a tough battle between the bulls and bears on the support line of the descending channel pattern.
Any recovery attempt should result in a sell-off at the 20-day exponential moving average (EMA) ($4,159). If the price declines sharply from the 20-day EMA, this increases the possibility of a breakout below the support line. If this happens, the ETH/USDT pair could plunge to $3,350.
Buyers will need to push Ether price above the moving averages to signal that the pair could remain in the descending channel for a while longer. A new uptrend could begin after buyers push the price above the resistance line.
BNB Price Prediction
BNB (BNB) closed below the 20-day EMA ($1,144) on Thursday and extended its decline to the 50-day EMA ($1,017) on Friday.
Buyers will try to defend the 50-day simple moving average (SMA) with all their might, as failing to do so could accelerate sales. The BNB/USDT pair could then retest the October 10 panic low at $860. Such a move suggests that the BNB price may have reached its peak in the near term.
Any rebound from the 50-day EMA is likely to be met with significant selling at the 20-day EMA. Buyers will need to cross the 20-day EMA barrier to indicate that the corrective phase may be over.
XRP Price Prediction
Sellers pulled XRP (XRP) below immediate support at $2.30, but bulls are attempting to reclaim this level.
If the price rises from the current level, the bears will work to stop the recovery at the 20-day EMA ($2.63). If this happens, it signals a negative feeling. This increases the likelihood of a decline below $2.30. The price of XRP could then drop to $2.
Conversely, if buyers push the XRP/USDT pair above the 20-day EMA, the relief rally could extend to the downtrend line. This is a critical level for the bears to defend, as a break above signals that the bulls are back in the game. The pair could then rebound towards $3.38.
Solana Price Prediction
Solana (SOL) has fallen into a descending channel pattern, signaling a series of lower highs and lower lows.
The bears attempt to pull the price towards the support line, where buyers are expected to enter. A bounce off the support line will likely result in a sell-off at the 20-day EMA ($205). If the price declines sharply from the 20-day EMA, the bears will again attempt to push the SOL/USDT pair below the support line. If they succeed, the price of Solana could plunge as much as $155.
Buyers will need to push the price above the 20-day EMA to suggest that the pair could stay inside the channel for a while longer. A new uptrend could begin once buyers push the price above the resistance line.
Dogecoin Price Prediction
The bulls’ inability to hold Dogecoin (DOGE) above $0.21 renewed the selling, pulling the price close to the strong support level at $0.18.
The descending 20-day EMA ($0.22) and the RSI in negative territory suggest that the path of least resistance is to the downside. If the price closes below $0.18, the DOGE/USDT pair could slide to $0.16 and possibly $0.14.
Buyers will need to quickly push the price above the 20-day EMA to signal strength. Dogecoin price could then rise to the 50-day SMA ($0.23) and later to the strong overhead resistance at $0.29.
Cardano Price Prediction
Cardano (ADA) fell below near support at $0.61, indicating that the bears maintained their selling pressure.
If the price closes below the $0.61 level, the ADA/USDT pair could extend its decline to the strong support of $0.50. Buyers should fiercely defend the $0.50 support as a break below increases the risk of a fall towards $0.30.
To avoid a decline, bulls will need to push Cardano price above the 20-day EMA ($0.74). The pair could then bounce towards the downtrend line, which is likely to attract sellers. Buyers will need to cross the downtrend line to signal the start of a further rise towards $1.02.
Related: How far will Bitcoin go? Regional US “banking stress” pushes BTC towards $100,000
Hyperliquid price prediction
Hyperliquid (HYPE) fell below the $35.50 level on Friday, but the long tail of the candlestick shows buying at lower levels.
If the price rises from the current level, it should sell at the neckline and then at the 20-day EMA ($42.25). If the price moves down from the upper resistance zone, the bears will once again attempt to take the HYPE/USDT pair below $35.50. If they succeed, the price of hyperliquid could drop to $30.50.
Conversely, a breakout and close above the 20-day EMA suggests that selling pressure is easing. The pair could then rise to the 50-day SMA ($47.15) and later to $52.
Chainlink Price Prediction
Chainlink (LINK) fell below the support line of the descending channel pattern, indicating increased selling pressure.
The bulls are trying to stop the decline at the $15.43 support level, but they will likely face selling if there is a minor upside. If Chainlink price drops below $15.43, the LINK/USDT pair could fall to $12.
Bulls will need to quickly push Chainlink price above the 20-day EMA ($19.93) to suggest that bearish momentum has weakened. Buyers will be back in control after propelling the pair above the resistance line.
Stellar Price Prediction
Stellar (XLM) continued to decline and fell below the $0.31 support, signaling that the bears are in charge.
Sellers will attempt to strengthen their position by pulling the price of Stellar to $0.25 and then to $0.22.
Buyers have a daunting task ahead of them. They will need to push and hold the price above the moving averages to suggest that the selling pressure is decreasing. The XLM/USDT pair could then rise to the downtrend line. Sellers will attempt to stop the rally at the downtrend line, but if the bulls prevail, the pair could surge towards $0.47.
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.