Key points:
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Bitcoin declined from the $74,000 level, indicating that bears remain short during rallies.
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Several major altcoins are showing strength and are likely to break above their immediate resistance levels.
Bitcoin (BTC) declined from the $74,000 level, indicating that bears are vigorously defending the level. Glassnode said in its latest Week On-chain newsletter that BTC is stuck between the realized price (average acquisition cost of all circulating supply) at $54,400 and the true market average (the cost base of actively traded coins) at $78,000. Rally attempts will likely experience rejection at the $78,000 level.
Historical data also does not support a strong rise in BTC in 2026. Data from Binance Research shows that BTC saw declines of 56%, 73%, and 64% during the US midterm election years of 2014, 2018, and 2022. However, there is a glimmer of hope for the bulls, as the two years following the midterm elections have seen massive gains in BTC.
Despite the uncertainty, a positive sign in favor of the bulls is that BTC has become the best performing macroeconomic asset since the start of the US-Israel-Iran war. This shows that investors are not panicking and abandoning their BTC positions. This increases the likelihood of a BTC bottom formation.
Could buyers propel BTC and select major altcoins above their general resistance levels? Let’s analyze the charts of the top 10 cryptocurrencies to find out.
Bitcoin Price Prediction
BTC has recovered towards overhead resistance at $74,508, where the bears are mounting a strong defense.
The 20-day exponential moving average ($69,271) has stabilized and the relative strength index (RSI) has moved into the positive zone, signaling upside for buyers. This increases the possibility of a breakout above the $74,508 level, completing a bullish ascending triangle pattern. The BTC/USDT pair could then skyrocket to $84,000.
Sellers will need to push the BTC price below the support line to signal a return. If they do, the pair could collapse to the $62,500-$60,000 support zone.
Ether Price Prediction
Sellers are trying to stop Ether’s (ETH) rebound at the 50-day simple moving average ($2,173), but bulls continue to apply pressure.
If buyers do not allow ETH price to fall back below the 20-day EMA ($2,036), this improves the prospects of a rally to $2,600. Such a move suggests that the downtrend may be over.
The sellers will likely have other plans. They will attempt to quickly bring the price back below the 20-day EMA. If they succeed, this suggests that the ETH/USDT pair could extend its action in the range between $1,750 and $2,200 for some time to come.
BNB Price Prediction
BNB (BNB) has reached the 50-day SMA ($680), where bears are expected to mount a strong defense.
However, if buyers breach the 50-day SMA barrier, BNB price could rise to $730 and then to $790. Such a move suggests that the BNB/USDT pair may have bottomed at $570.
Alternatively, if the price declines from the 50-day SMA and crosses below the 20-day EMA, this suggests that the bears remain in charge. The pair could drop to $607 and then to $570.
XRP Price Prediction
XRP (XRP) broke above the 20-day EMA ($1.39), indicating that selling pressure is easing.
The relief rally is expected to face a sell-off at the 50-day SMA level ($1.49) and then at the $1.61 level. If XRP price declines from upper resistance but bounces off the 20-day EMA, this suggests a change in sentiment from selling on a rally to buying on a dip. This increases the possibility of a rally towards the downtrend line of the descending channel pattern.
This positive view will be negated in the short term if the price declines from the 50-day SMA and breaks below $1.27. The XRP/USDT pair could then fall to the support line.
Solana Price Prediction
Solana (SOL) gradually rose to the top of the $76-$95 range, indicating that selling pressure is easing.
If buyers break through the $95 barrier, the SOL/USDT pair could reach the $117 level. Sellers are expected to fiercely defend the $117 level, but on the downside, if SOL price does not drop below $95, it suggests the pair may have bottomed in the near term.
Conversely, if the price declines sharply from the $95 level, it indicates that the bears remain in control. The pair could continue to oscillate between $95 and $76 for a few more days.
Dogecoin Price Prediction
Dogecoin (DOGE) has been trading between the 50-day SMA ($0.10) and the $0.09 level for the past few days.
The narrowing of the range suggests possible range expansion in the near term. A close above the 50-day SMA opens the door for a rally to the $0.12 breakout level. If DOGE price declines from the $0.12 level, it signals a possible range formation. The DOGE/USDT pair could consolidate between $0.09 and $0.12 for some time.
A close above the $0.12 resistance opens the way for a rally up to the $0.16 level, while a break below the $0.09 support signals the resumption of the downtrend.
Hyperliquid price prediction
Hyperliquid (HYPE) closed above resistance at $36.77 on Thursday, indicating that the bulls are trying to take matters into their own hands.
There is minor resistance at $38.43, but it will likely be breached. The HYPE/USDT pair could reach $43, then $50.
The first sign of weakness will be a close below the $36.77 level. This suggests that bears are selling during rallies. HYPE price could move as low as the 20-day EMA ($32.57), which is a key support to watch. If the price rebounds strongly from the 20-day EMA, the bulls will try to resume the recovery again. Sellers will regain control at a close below the 50-day SMA ($30.65).
Related: Here’s why XRP bulls see an “explosive run” to $2.55 next
Cardano Price Prediction
Cardano (ADA) broke above the 20-day EMA ($0.27), indicating aggressive buying by the bulls.
The 50-day SMA ($0.28) may act as resistance, but it is likely to be breached. The ADA/USDT pair can then rise to the downtrend line of the descending channel pattern. A close above the downtrend line signals a potential near-term trend change. This sets the stage for a rally to $0.39 and then to $0.44.
Instead, if ADA price declines sharply from the downtrend line, this indicates that bears remain short during rallies. This could keep the pair inside the channel for some time to come.
Bitcoin Cash Price Prediction
Bitcoin Cash (BCH) broke above the 20-day EMA ($471), indicating that the bulls are back.
If the price closes above the 20-day EMA, the BCH/USDT pair could reach the 50-day SMA ($514). Sellers should defend the 50-day SMA as a close above opens the door for a rally to $600.
Contrary to this assumption, if the BCH price falls sharply from the moving averages, it indicates that the bears remain in control. This increases the likelihood of a breakout below the $443 level. The pair could then plunge to $375.
Monero Price Prediction
Buyers maintained Monero’s (XMR) pullback at the 20-day EMA ($348), indicating that declines are viewed as a buying opportunity.
This improves the prospects of a breakout above the 50-day SMA ($366). If this happens, the XMR/USDT pair could rise to the 61.8% Fibonacci retracement level of $414 and then to $452.
Time is running out for the bears. They will need to quickly bring the price of XMR back below the $333 level to weaken the bulls. The pair could then drop to $309, where buyers should step in.
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