Key point:
Bitcoin (BTC) remains pinned under the $ 109,588 escape level, indicating that bears fiercely defend the level. Bitfinex analysts said in a market note that taking profits generally follows after Bitcoin has reached a new record of all time after a net rally. The report added that a slight retrace or consolidation would be healthy and would throw the base of the next leg.
Glassnode had a similar view. In its latest report, the market intelligence company said that the relative force indicator (RSI) has weakened, which suggests the softening of the momentum, which could lead to “a break or a potential reversal of the recent upward trend”.
Even if a correction occurs, the DIP are likely to be purchased. The co-founder of material indicators, Keith Alan, remains optimistic because bitcoin continues to be negotiated over $ 100,000 and that whales accumulate. He expects Bitcoin to find support near $ 94,000.
What are the critical levels to monitor in Bitcoin and Altcoins? Let’s analyze the graphics of the 10 best cryptocurrencies to discover it.
Bitcoin price prediction
Bitcoin’s inability to maintain above the level of $ 109,588 may have attracted sale by short-term merchants.
The Bears will try to pull the price to the 20 -day exponential mobile average ($ 105,453), which is a key level to monitor. If the price bounces from the 20 -day EMA with force, it suggests that the feeling remains positive and that the traders buy decreases. This improves the prospects for a retest of the level of $ 111,980. If buyers overcome the resistance of $ 111,980, the BTC / USDT pair could increase to $ 130,000.
On the contrary, a break and a closure below the 20 -day EMA could strengthen bears. The pair could then fall from the psychologically crucial support of $ 100,000, which is likely to attract solid purchases by the Bulls.
Ether price prediction
Buyers could not push the ether (ETH) above the resistance of $ 2,738 on May 27, but they maintained the pressure.
The ETH / USDT pair has formed an upward triangle pattern, which will end on a break and will close above $ 2,738. This erases the path with a rally at $ 3,000 and later to the model of $ 3,153.
This optimistic view will be canceled in the short term if the price drops and breaks below the EMA 20 days ($ 2,467). The failure of a bullish configuration can trap the aggressive bulls, flowing the pair at $ 2,323 and below $ 2111.
XRP price prediction
XRP (XRP) was negotiated between the mobile averages, indicating a lack of aggressive purchase or sale.
EMA at 20 days at 20 days ($ 2.33) and the RSI just below the median point do not give a clear advantage to the Bulls or the Bears. If the price decreases below the 50 -day SMA ($ 2.24), the XRP / USDT pair could dive with $ 2 support. Buyers should fiercely defend the $ 2 level because a break below can run the pair at $ 1.61.
Uplining, a break and a closure above the 20-day EMA opens the doors for a gathering at $ 2.65. Buyers will have to drive the pair over $ 2.65 to catapult the price at $ 3.
Price prediction BNB
Buyers pushed BNB (BNB) above the resistance of $ 693 on May 27, but could not maintain the higher levels.
The price of the prices of the last days has formed a model of Haussier ascendant triangle, which will end on a break and will close above $ 693. If this happens, the BNB / USDT pair could rally to the model target of $ 752.
The 20 -day EMA ($ 658) is the critical support to be monitored during the decline. A break and a closure below the 20 -day EMA could speed up the sale because the aggressive bulls can cover their positions. This could draw the 50 -day SMA pair ($ 622).
Solana price prediction
Solana (soil) was consolidated inside a narrow beach between the 20 -day EMA ($ 169) and resistance to general costs at $ 180.
If the price drops and breaks below the 20 -day EMA, this suggests that the Bulls reserve profits. The ground / USDT pair could drop to $ 159 and later at SMA of 50 days ($ 153), which is likely to attract buyers. If the price bounces from 50 days SMA, the pair could swing between $ 153 and $ 180 for a while.
A break and close above $ 180 indicates the resumption of the UP movement. The pair could take momentum and join the resistance area from $ 210 to $ 220.
Dogecoin price prediction
Sellers try to draw Dogecoin (DOGE) below the immediate support for the 20 -day EMA ($ 0.22).
If they succeed, the DOGE / USDT pair could fall to the horizontal support at $ 0.21. Buyers should defend the level of $ 0.21 with all their might because a break below could flow the pair in SMA of 50 days ($ 0.19). Such a decision puts the large beach into play from $ 0.14 to $ 0.26.
On the contrary, a rebound of $ 0.21 suggests that the bulls vigorously defend the level. This could keep the pair inside the range from $ 0.21 to $ 0.26 for a few more days.
Cardano price prediction
The buyers managed to keep Cardano (ADA) above the neckline of the opposite pattern of the head and shoulders (H&S), but the rebound lacks strength.
This increases the risk of a break below SMA of 50 days ($ 0.70). If this happens, the ADA / USDT pair could dive with a solid support at $ 0.60. This suggests that the markets have rejected the break in the bullish configuration.
Buyers will have to push the price above the resistance of $ 0.86 to indicate the resumption of the UP movement. The pair can then get back to $ 1.01, where bears can set up a solid defense.
In relation: SUPCE CHART alludes to the 2x rally in the middle of the eTF NASDAQ depot
SUD price prediction
Su (Suis) fell 20 days ($ 3.66) on May 28, indicating that the feeling remains negative and that traders sell on gatherings.
The Bears will try to sink the SUI / USDT pair in SMA of 50 days ($ 3.24), which is a key level to keep an eye on. If the price bounces from 50 days SMA, the Bulls will try to erase the EMA obstacle of 20 days. If they can withdraw it, the pair can reach the aerial zone from $ 3.90 to $ 4.25.
On the other hand, a break and a closure below the 50 -day SMA suggests that the bears remain in control. The pair could then dive with a support of $ 2.86.
Hyperliquid price prediction
The hyperliquid (hype) increased from $ 40 on May 26 and broke below the $ 35.73 level on May 28.
There is a support at $ 32, but if the level is cracking, the media / USDT threshing pair could extend the EMA 20 -day EMA ($ 30). Buyers will try to start a rebound on the 20 -day EMA, but can face high resistance at $ 35.73.
The first sign of force will be a break and will close above $ 35.73. This suggests solid demand at lower levels. The Bulls will then make another attempt to lead the pair to air resistance of $ 42.25.
Online price prediction
ChainLink (link) continues to find support for the neckline of the H&S pattern, but the Bulls failed to start a solid rebound.
The 20 -day EMA ($ 15.66) flattened and the RSI is near the median point, indicating a balance between supply and demand. Buyers will have to push the price above $ 18 to gain the upper hand. If they do, the Link / USDT pair could come together at $ 19.80.
Instead, if the price drops and breaks below the 50-day SMA ($ 14.68), he suggests that the markets have rejected the break over the resistance line. The pair could then fall at $ 13.20.
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.
