Key points:
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Bitcoin remains under pressure as bears attempt to keep the price below the crucial $74,508 level.
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Several major altcoins are struggling to bounce off their support levels, increasing the likelihood of a resumption of the downtrend.
Bitcoin (BTC) bulls attempted to initiate a recovery, but bears sold at higher levels and brought the price back below $72,169. Alex Thorn, head of research at Galaxy Digital, said in a note on Monday that BTC could fall all the way to its realized price of $56,000 in the coming weeks due to the lack of catalysts to reverse the trend.
Not everyone is pessimistic on BTC, as some analysts expect a bottom soon. Bitwise Chief Investment Officer Matt Hougan said in an article on X that crypto markets are likely to “come back strong sooner rather than later.”
However, based on a historical trend, BTC’s recovery could take time. Crypto supporter Brett said in an article on X that BTC closed below the 100-week simple moving average (SMA). In previous instances of breaking below the 100-week SMA, BTC remained below the level for 182 to 532 days. The only exception was the COVID-19 flash crash of 2020, when BTC moved back above the 100-week SMA in 35 days.
Could BTC and major altcoins begin a relief rally, or will support levels give way? Let’s analyze the charts of the top 10 cryptocurrencies to find out.
Bitcoin Price Prediction
Buyers are struggling to hold BTC above the critical support at $74,508, indicating aggressive selling from the bears.
If Bitcoin price continues to decline and drops below $72,945, it signals the resumption of the downtrend. The BTC/USDT pair could then collapse to the strong support of $60,000.
The relative strength index (RSI) is in the oversold zone, suggesting that selling may have been excessive in the short term. This increases the likelihood of a relief rally, which could accelerate to a close above the $79,500 resistance. If this happens, the pair could bounce towards the $84,000 breakout level.
Ether Price Prediction
Ether (ETH) gained support at the crucial $2,111 level on Tuesday, but the slight rebound suggests a lack of aggressive buying from the bulls.
Sellers are attempting to resume the downtrend by pulling Ether price below the $2,111 support. If they succeed, the ETH/USDT pair could drop to $1,750.
The RSI in the oversold zone indicates a possible short-term relief rebound. The pair could reach the 38.2% Fibonacci retracement level of $2,467 and then the 20-day exponential moving average (EMA) ($2,712). A close above the 20-day EMA suggests that bulls are back in the game.
BNB Price Prediction
BNB (BNB) continues to trade below the $790 level, increasing the risk of a fall below the $730 level.
If BNB price closes below the $730 level, it indicates that the bears have turned the $790 level into resistance. The BNB/USDT pair could plunge to $700 and then to $645.
Time is running out for the bulls. They will need to defend the $730 level and quickly push the price above the $790 resistance to prevent a decline. The pair could then rise to the 20-day EMA ($839).
XRP Price Prediction
The bulls’ inability to hold XRP (XRP) above the $1.61 level shows that the bears are selling on minor relief rallies.
Sellers will attempt to push the XRP price below the support line of the descending channel pattern. If they succeed, the XRP/USDT pair could retest on October 10, 2025, at the low of $1.25.
On the upside, bulls will need to push the price above the 20-day EMA ($1.79) to suggest that the pair could stay inside the channel for some more time. A close above the downtrend line signals a potential near-term trend change.
Solana Price Prediction
The bulls’ failure to push Solana (SOL) above the $107 level renewed the selling, pulling the price below the crucial $95 support.
If Solana price closes below $95, it signals the start of the next leg of the downtrend. The SOL/USDT pair could then fall as low as $79.
Contrary to this assumption, if the price rises and exceeds $107, it suggests that the break below the $95 level may have been a bear trap. The pair could then reach the 20-day EMA ($117), where the bears are expected to intervene. Buyers will need to clear the moving averages to indicate that bearish momentum is weakening.
Dogecoin Price Prediction
Dogecoin (DOGE) is attempting to initiate a recovery, but the slight rebound shows that the bears continue to exert pressure.
If Dogecoin price declines from the current level or the 20-day EMA ($0.12) and breaks below $0.10, it signals the resumption of the downtrend. The DOGE/USDT pair could then fall to the $0.08 level.
Contrary to this assumption, if the price rises and exceeds the moving averages, it indicates that the market has rejected the breakout below the $0.12 level. The pair could then rise to $0.16.
Cardano Price Prediction
Cardano (ADA) attempts to bounce off the support line of the descending channel pattern, but the relief rally lacks strength.
If Cardano price declines from the current level or the 20-day EMA ($0.33), it suggests that the bears retain the advantage. Sellers will then again attempt to push the ADA/USDT pair below the support line and extend the decline to $0.20.
Contrary to this assumption, if buyers push the price above the 20-day EMA, the pair could reach the downtrend line. A close above the downtrend line opens the door for a rally to the $0.50 breakout level.
Related: Bitcoin’s $68,000 Trendline Seen as Potential BTC Price Floor: Traders
Bitcoin Cash Price Prediction
Bitcoin Cash (BCH) recovery faces resistance near the 50% retracement level of $535, indicating that the bears are active at higher levels.
Sellers will attempt to push the Bitcoin Cash price below the $497 level, which is an important level to watch. If the level gives way, the BCH/USDT pair could drop to $467 and then to $443.
Conversely, if buyers push the price above $544, the pair could move to the 20-day EMA ($562). Sellers should mount a strong defense at the 20-day EMA, but if the bulls prevail, the pair could rise as high as $604.
Hyperliquid price prediction
Hyperliquid (HYPE) broke through resistance at $35.50 on Tuesday, but the long candlestick wick shows selling at higher levels.
If buyers do not give up much ground to the bears, the prospects of a breakout above the $35.50 level increase. If this happens, the HYPE/USDT pair could reach $44. Such a move signals that the corrective phase may be over.
Instead, if hyperliquid price declines sharply from the current level and breaks below the 20-day EMA ($28.79), it suggests that the pair could continue to oscillate between $35.50 and $20.82 for some time to come.
Monero Price Prediction
Monero (XMR) is trying to reach support at the $360 level, but the relief rally risks selling to $412 and then to the 20-day EMA ($461).
If the Monero price declines from the current level or upper resistance, it indicates that sentiment remains negative and traders are selling on rallies. This puts the $360 level in danger of collapsing. The next downside support lies at $320.
On the contrary, if buyers push the price above the 20-day EMA, the XMR/USDT pair could reach $500. Buyers are expected to face significant selling at the $500 level. Generally, after a sharp decline, the price tends to consolidate for a while before making the next directional move.
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