Key points:
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Bitcoin was faced with significant resistance at $ 117,500, which indicates that bears probably abandon easily.
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Several major altcoins have tried to break above their levels of resistance to general costs, but the Bears have held the land, signaling the sale of gatherings.
Bitcoin (BTC) continues to deal with significant resistance nearly $ 117,500, but a positive sign is that the Bulls have maintained the pressure. This suggests that buyers do not rush to the exit because they plan a movement towards the top of all time of $ 124,474.
The BTC researcher Axel Adler Jr. said in an article on X that “the market was neither overheated nor occurred” at the current level. This could lead to one to two weeks of consolidation before the BTC reaches a new summit of all time.
Several analysts expect BTC to reach a new summit of all time. In the founder of cryptocurrency, Benjamin Cowen, said in an interview that the rally could peak quickly after having made a new summit. Once up to top, Cowen does not exclude a 70% drop in the next bear market.
Could the BTC come out of its resistance to general costs, drawing altcoins above? Let’s analyze the graphics of the 10 best cryptocurrencies to discover it.
Bitcoin price prediction
BTC pierced the resistance to general costs of $ 117,500 on Thursday, but the Bulls could not maintain the upper levels.
The exponential average of 20 high -end days (EMA) ($ 114,457) and the relative force index (RSI) in the positive territory suggest that the path of the slightest resistance is up. A fence greater than $ 117,500 opens the doors to a gathering at $ 124,474.
Unlike this hypothesis, a break below the 20 -day EMA indicates that the bulls close their positions in a hurry. The BTC / USDT pair could then fall to $ 110,000, remaining in the range of $ 107,000 to $ 117,500 for a while.
Ether price prediction
Ether (ETH) formed a symmetrical triangle model, indicating the indecision between buyers and sellers.
If the price decreases and breaks below the support line, it indicates that uncertainty has resolved in favor of bears. The ETH / USDT pair could collapse at $ 4,060 and, after that, to the model of $ 3,426.
Buyers will be back in the driver’s seat if they kick the price above the resistance line. This improves the prospects for recovering the upward trend. The price of the ether could then come together towards the objective of model of $ 5,586.
XRP price prediction
XRP (XRP) appeared by the 20 -day EMA ($ 2.99) on Tuesday, but the Bulls could not clean the general cost barrier at $ 3.20.
The bears strive to draw the price below the mobile averages to take control. If they succeed, the XRP / USDT pair could go down to solid support at $ 2.73. Such a movement suggests that escape above the downward trend line was a bull trap. A fence less than $ 2.69 will end the pattern of triangle descending Bearish, erase the path for a fall at $ 2.20.
Bulls will have to push and maintain the price greater than $ 3.20 to report a short -term change of trend. The XRP price can then rise to $ 3.40 and possibly $ 3.66.
Price prediction BNB
BNB (BNB) jumped on the psychological level of $ 1,000 on Thursday, indicating a sustained demand from Bulls.
The Bears will try to defend the level of $ 1,000, but if the buyers prevail, the BNB / USDT pair could extend the rally to $ 1,090.
The 20 -day EMA ($ 915) is the critical support to be monitored when falling. If the price bounces from the 20 -day EMA, the Bulls will again try to resume the UP movement.
The sellers will have to pull and maintain the price below the 20 -day EMA to report the force. The BNB price can then collapse at the 50 -day simple mobile average (SMA) ($ 855).
Solana price prediction
Solana (soil) went from $ 253 on Thursday, indicating that the Bears defend the level of $ 260 aggressively.
The withdrawal is likely to find support for the 20 -day EMA ($ 225). If the price bounces for 20 days EMA with force, the Bulls will again try to release the air obstacle to $ 260. If they manage to remove it, the floor / USDT pair could soar around $ 295.
On the contrary, a break and a closure below the 20 -day EMA suggests that the Bulls reserve profits. This could attract the Solana price to the increased trend line, which is likely to attract buyers.
Dogecoin price prediction
DOGECOIN (DOGE) appeared from the level of $ 0.26 Tuesday, but the Bulls face strong resistance from the bears at $ 0.29.
If the price rebounds the level of $ 0.26 again, it shows that the Bulls buy on each minor drop. This increases the probability of a break greater than $ 0.31. If this happens, the Doge / USDT pair could start a new move at $ 0.35 and thereafter at $ 0.44.
Alternatively, a break below the 20 -day EMA ($ 0.25) suggests that the Bulls have abandoned. The price of Dogecoin can then tumble at SMA of 50 days ($ 0.23). This could maintain the limited pair range between $ 0.21 and $ 0.29 for a while.
Cardano price prediction
Cardano (ADA) is removed from the resistance line of the symmetrical triangle motif, indicating that bears fiercely defend the level.
If the price bounces for 20 days EMA ($ 0.87), it shows purchases on drops. This improves the prospects of a break above the resistance line. If this happens, the ADA / USDT pair could increase to $ 1.02 and later to $ 1.17.
This positive view will be invalidated in the short term if the Cardano price drops sharply and dives below the support line. This indicates that bears have mastered the bulls. The pair can then sag to $ 0.68.
In relation: Why the price of Ether can increase by 75% against Bitcoin by the New Year
Hyperliquid price prediction
Hyperliquid (Hype) reached a new summit of $ 59.41 Thursday, but Bulls find it difficult to maintain the upper levels.
The RSI shows the first signs of formation of a downward divergence, indicating that the bullish momentum can weaken. The sellers will gain the upper hand if they pull the hyperliquid price below the 20 -day EMA ($ 52.30). This opens the doors for a fall at $ 49.88 and subsequently to the SMA of 50 days ($ 46.41).
Buyers are likely to have other plans. They will try to defend the EMA of 20 days going down. If the media / USDT threshing pair is strongly presented from the 20 -day EMA, the Bulls will try to start the next stage of the ascending trend towards the model target of $ 64.25.
Online price prediction
ChainLink (Link) appeared by the 50 -day SMA ($ 22.69) on Wednesday, but the bulls are faced with high low -line resistance.
The 20 -day EMA ($ 23.71) is flattened, and the RSI is near the median point, indicating a balance between supply and demand. Buyers will have to push and maintain the price of the chain over the downline line to erase the path of a rally to the level of $ 27.
Lowering, a break and closing below the 50 -day SMA indicates that the Bears are back in the game. The Link / USDT pair could then fall on the Haussier trend line, where buyers should intervene.
Avalanche price prediction
The avalanche (AVAX) broke out of the large range of $ 15.27 to $ 27.38 on September 10, indicating the start of a new upward trend.
The rally pushed the RSI into the Surachat area, reporting a possible consolidation or correction in the short term. Sellers try to stop the UP movement at the resistance of the general costs of $ 36.17.
A shallow withdrawal suggests that the Bulls keep their positions as they anticipate the UP movement to continue. If buyers pierce the level of $ 36.17, the AVAX / USDT pair could rally to the model target of $ 39.49, then at $ 45. This optimistic view will be canceled in the short term if the prices of the avalanche drops and breaks below the EMA by 20 days ($ 28.78).
This article does not contain investment advice or recommendations. Each investment and negotiation movement involves risks and readers should conduct their own research when they make a decision.
