Key points:
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Bitcoin could remain under pressure as the US-EU trade war could create a risk-free environment in the near term.
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Most major altcoins have declined from their resistance levels, signaling that bears remain in charge.
The Bitcoin (BTC) pullback attempts to find support near $92,000, but the bears kept up the pressure. Several crypto analysts told Cointelegraph that a US-EU trade war could create a risk-averse atmosphere in the markets.
The uncertainty has propelled gold and silver to a new all-time high, while BTC languishes. However, network economist Timothy Peterson believes that BTC will eventually catch up with gold’s rally. He said in an article on X that gold and BTC were heading to the same place but just taking different paths.
Even if the long term seems optimistic, the short term is unclear. Trader CrypNuevo said in an X analysis thread that BTC could face downward pressure due to uncertainty. The 2026 yearly open of around $87,000 and lows of $80,500 are the critical levels to watch.
Could BTC and major altcoins bounce back from their support levels? Let’s analyze the charts of the top 10 cryptocurrencies to find out.
S&P 500 Index Price Prediction
The S&P 500 Index (SPX) is likely to sell off near the 7,000 level, but a positive sign is that the bulls have not given up much ground to the bears.
The first sign of weakness will be a break below the 20-day exponential moving average (6,909). This suggests that the bulls are making profits. Buyers should defend the 50-day simple moving average (6,829) as a break below could deepen the correction to 6,720.
Conversely, if the price rebounds from the moving averages, the bulls will attempt to resume the uptrend. If buyers push the price above the 7,000 resistance, the index could rise to the 7,290 level.
US Dollar Index Price Prediction
The US Dollar Index (DXY) rose above the 50-day SMA (98.99) on Tuesday, but higher levels are attracting sellers.
If the price falls below the moving averages, the index could remain in the range of 97.74 to 100.54 for some time.
Contrary to this assumption, if the price rebounds strongly from the moving averages, it signals a buy on the dip. The bulls will then again attempt to push the price towards the overhead resistance at 100.54. Sellers should defend the 100.54 level with all their might, as a close above signals the start of a new upward move.
Bitcoin Price Prediction
BTC’s pullback has reached the 20-day EMA ($92,625), which is critical near-term support to watch.
If the price rebounds strongly off the 20-day EMA, it suggests positive sentiment. This increases the possibility of a breakout above the $97,924 level. The BTC/USDT pair could then rise to $100,000, then to $107,500.
On the other hand, a breakout and close below the moving averages suggests the bulls are losing their grip. The price of Bitcoin could then oscillate between $84,000 and $97,924 for a few days.
Ether Price Prediction
Ether (ETH) remains stuck inside the symmetrical triangle pattern, signaling uncertainty about the next directional move.
The slightly ascending 20-day EMA ($3,190) and RSI near the midpoint do not indicate a clear advantage for either the bulls or the bears. If the price closes below the 20-day EMA, the ETH/USDT pair could extend its stay inside the triangle.
The advantage will tilt in favor of the bulls if the Ether price closes above the resistance line. The pair could advance towards $3,569 and then up to $4,000. On the other hand, a close below the support line could send the pair down to $2,623.
XRP Price Prediction
XRP’s (XRP) break below the 50-day SMA ($2) indicates that bears are back in the game.
The bears will attempt to strengthen their position by pulling the price towards the strong support zone between $1.61 and the support line. If the price rebounds forcefully out of the support zone, it indicates that the XRP/USDT pair could stay inside the channel for some more time.
The decline is expected to accelerate upon closing below the support line. The pair could then fall to the low of October 10, at $1.25.
Buyers will need to push the price of XRP above the downtrend line to signal a potential trend change.
BNB Price Prediction
Sellers pulled BNB (BNB) price below the 20-day EMA ($912) on Monday, but the long tail of the candlestick shows buying at lower levels.
Bulls will need to push BNB price above the $960 level to signal the start of a rise towards the $1,066 target.
The sellers will likely have other plans. They will attempt to defend overhead resistance and bring the BNB/USDT pair back below the 50-day SMA ($884). If they do this, it suggests that the market has rejected a breakout above the $928 level. The pair could then fall towards the uptrend line and possibly as low as $790.
Solana Price Prediction
Solana (SOL) abandoned the $147 resistance and touched the 50-day SMA ($132), indicating that the bears are active at higher levels.
Both moving averages are flattening and the RSI is sitting just below the midpoint, indicating that the SOL/USDT pair could continue to consolidate between $117 and $147 for some time to come.
Buyers will need to push Solana price above the $147 level to signal the start of further upside. The pair could then rebound up to $172. On the contrary, a break below $117 could send the pair down to $95.
Related: US Bitcoin Traders Turn Bearish: Is BTC Price at Risk of Losing $90,000?
Dogecoin Price Prediction
Dogecoin (DOGE) fell below the moving averages on Sunday and reached the $0.12 support on Monday.
The long tail of the candlestick shows that the bulls are defending the $0.12 level. There is resistance at the moving averages, but if the bulls overcome it, the DOGE/USDT pair could continue to oscillate in the $0.12 to $0.16 range for a few more days.
Instead, if Dogecoin price continues to decline or declines from the moving averages and falls below $0.12, it signals the resumption of the downtrend. The pair could then retest the October 10 low of $0.10.
Cardano Price Prediction
Cardano (ADA) fell below the moving averages on Sunday and is heading towards the $0.33 support.
If the price rebounds strongly from the $0.33 level, the bulls will once again attempt to propel the ADA/USDT pair above the downtrend line. If they succeed, Cardano price could reach the $0.50 breakout level.
Alternatively, if the price breaks above the $0.33 support, the next stop will likely be the support line of the descending channel pattern. Buyers should protect the support line, which is near the October 10 low at $0.27.
Bitcoin Cash Price Prediction
Bitcoin Cash (BCH) closed below the 50-day SMA ($594) on Saturday, indicating that the bears are trying to take charge.
The 20-day EMA ($608) has started to decline and the RSI is in negative territory, indicating that the bears have the upper hand. The bounce from the $563 level is expected to see a sell-off at the 20-day EMA. If Bitcoin Cash price declines sharply from the 20-day EMA, the likelihood of a break below the $563 support increases. The BCH/USDT pair could then fall to $518.
The first sign of strength will be a break above the 20-day EMA. The pair could then reach the $631 level, where the bears are expected to intervene.
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