Key points:
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Bitcoin fell below psychological support at $100,000, opening the door for a potential sell-off to $87,800.
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Several major altcoins are approaching their support levels but have failed to rebound strongly, increasing the risk of a breakdown.
Bitcoin (BTC) looks weak in the near term as bears pull the price further below the psychological $100,000 level. BTC’s continued weakness pushed the Crypto Fear & Greed Index into the “extreme fear” category with a score of 15//100 on Thursday, its lowest level since early March.
Matt Hougan, Bitwise’s chief investment officer, told Cointelegraph that if BTC had rebounded strongly through the end of 2025 and followed with a pullback, it would have fit the four-year cycle thesis. If it fails to do so, BTC will have a good year in 2026, supported by positive underlying fundamentals.
Another bullish projection came from Santiment, who said in an article on X that the crowd going negative on BTC suggests the capitulation point is approaching. An “unexpected November rally” could occur as stronger hands scoop up cryptocurrencies sold by weaker hands. He added that it was “not a matter of if, but when it happens next time.”
How Far Could BTC and Major Altcoins Fall? Let’s analyze the charts of the top 10 cryptocurrencies to find out.
Bitcoin Price Prediction
Sellers are trying to take control by keeping BTC below the psychological support of $100,000.
The descending 20-day exponential moving average ($104,850) and the relative strength index (RSI) near oversold territory indicate that the path of least resistance is to the downside. Any recovery attempt is likely to result in a sale at the $100,000 breakout level. If the price falls below $100,000, it indicates that the bears have tipped the level towards resistance. This suggests the resumption of the downtrend.
There is support at $92,000, but it could be broken. The BTC/USDT pair could then go down to $87,800. Buyers will need to push the price above $107,000 to indicate a potential trend change.
Ether Price Prediction
The bulls’ inability to push Ether (ETH) above the 20-day EMA ($3,567) attracted sellers on Thursday, pulling the price below the $3,350 support.
Sellers will work to leverage their advantage by sliding Ether price below the $3,050 support. If they succeed, the selling could accelerate and the ETH/USDT pair could plunge towards $2,500.
The bulls will need to push and sustain the price above the 20-day EMA to signal strength. The pair could then rise to the 50-day simple moving average ($3,930), where the bears are expected to step in.
XRP Price Prediction
Buyers again attempted to push XRP (XRP) above the 50-day SMA ($2.56) on Thursday, but the bears held firm.
The XRP/USDT pair could challenge the $2.06 support, which is in danger of collapsing. If this happens, XRP price could fall to $1.90 and then to the crucial support at $1.61.
Any recovery attempt should result in a sell-off at the 50-day SMA and then the downtrend line. A close above the downtrend line signals that bulls are back in charge. The pair could then rise to $3.20.
BNB Price Prediction
BNB (BNB) has gradually fallen to the $860 level, which is a critical near-term support level to watch.
The declining 20-day EMA ($1,004) and RSI near the oversold zone suggest that the BNB/USDT pair is at risk of falling below $860. If this happens, the price of BNB could drop as low as $730.
Instead, if the price rises sharply from $860 and breaks above the 20-day EMA, this indicates a possible range formation. The pair could oscillate in a wide range between $860 and $1,183 for some time.
Solana Price Prediction
Solana (SOL) closed below the $155 level on Wednesday and extended the decline below the $145 support on Thursday.
There is minor support at $137, but it is likely to be broken. If this happens, the SOL/USDT pair could fall to $126 and eventually to the strong support of $110, where buyers should step in.
The 20-day EMA ($166) remains the key resistance level to watch. Buyers will need to cross the 20-day EMA to report a return. Solana price could then move up to the 50-day SMA ($191).
Dogecoin Price Prediction
Dogecoin (DOGE) has gradually slipped towards the lower end of the $0.14 to $0.29 range, indicating that selling pressure remains intact.
Buyers are expected to fiercely defend the $0.14 support as a break below could begin a new downtrend toward the October 10 low of $0.10.
Buyers have a daunting task ahead of them. They will need to quickly push Dogecoin price above the 20-day EMA ($0.17) to suggest that selling pressure is weakening. The DOGE/USDT pair could then rise to $0.21. A close above the $0.21 resistance indicates that the pair could extend its stay in the range for a few more days.
Cardano Price Prediction
Cardano (ADA) fell to the $0.50 level, where buyers are expected to mount a spirited defense.
If the price rises from the current level and breaks above the 20-day EMA ($0.58), it suggests that the selling pressure is decreasing. The ADA/USDT pair could then rebound to the 50-day SMA ($0.67) and later to $0.74.
On the contrary, if the price continues to decline and breaks below $0.50, it signals the start of the next leg of the downtrend. Cardano price could collapse to $0.40 and below to October 10 intraday low of $0.27.
Related: Here’s what happened in crypto today
Hyperliquid price prediction
Buyers are attempting to hold Hyperliquid (HYPE) above the $35.50 support, but bears continued to apply pressure.
Both moving averages are falling and the RSI is in the negative zone, indicating that the bears hold an advantage. If the $35.50 support level breaks, the HYPE/USDT pair could drop to $30.50 and then to $28.
Bulls will need to push and sustain hyperliquid price above the 50-day SMA ($42.23) to signal strength. The pair could then rebound up to $52, where bears are expected to sell aggressively.
Chainlink Price Prediction
Chainlink (LINK) gradually moved closer to the vital support of $13.69, indicating negative sentiment.
Sellers will attempt to resume the downtrend by taking the price back below $13.69. If they succeed, the LINK/USDT pair could fall to $12.73 and then to $10.94. Buyers should defend the $10.94 level with all their might as a break below could send Chainlink price down to $7.90.
The RSI is showing early signs of positive divergence, but bulls will need to push price above the 20-day EMA ($16.05) to gain strength. The pair could then bounce towards the resistance line.
Bitcoin Cash Price Prediction
Buyers repeatedly attempted to push Bitcoin Cash (BCH) above the 50-day SMA ($529) over the past few days, but bears failed to budge.
Sellers are trying to bring Bitcoin Cash price back to strong support at $443. If the price rises from the current level or rebounds from the $443 level, the bulls will again try to clear the obstacle at the resistance line. If they succeed, the BCH/USDT pair could start a new uptrend to $580 and then $615.
Alternatively, a break below the $443 level opens the door for a fall to the support line of the falling wedge pattern.
This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research before making a decision.
