Key points:
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Bitcoin exceeded the resistance of $ 117,500, opening the doors for a summit of all time at $ 124,474.
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Several altcoins have launched a strong relief rally, signaling solid purchases at lower levels.
Bitcoin (BTC) closed in September with gains of more than 5% and the Bulls extended the gains on the first day of the new month by pushing the price above the resistance to rigid general costs of $ 117,500.
Coinglass data show that a positive monthly fence in September was historically followed by an average yield of more than 53% in the fourth quarter. If history is repeated, BTC could reach $ 170,000 before the end of the year.
Another positive sign is that analysts expect BTC to imitate the strong raised race of Gold. Crypto analyst and entrepreneur Ted Oreills declared in an article on X that BTC follows gold with an eight -week delay, and he expects the fourth quarter to be large for BTC.
Could BTC’s strength draw altcoins above? Let’s analyze the graphics of the 10 best cryptocurrencies to discover it.
Bitcoin price prediction
BTC closed above the mobile averages on Monday, and the Bulls strengthened their position by pushing the price above the resistance of $ 117,500 on Wednesday.
The 20 -day exponential mobile average ($ 113,527) has started to arise, and the relative force index (RSI) greater than 61 suggests that the momentum promotes buyers. If the price ends above $ 117,500, the BTC / USDT pair could contest the top of all time at $ 124,474. Sellers should defend the level of $ 124,474 with all their forces, but if buyers prevail, the rally could extend to $ 141,948.
This optimistic view will be canceled in the short term if the price of bitcoin drops and breaks below $ 107,000 support.
Ether price prediction
Ether (ETH) exceeded 20 days EMA ($ 4,262), indicating that the reduced sales pressure.
The price could reach the resistance line, which is a crucial level to monitor in the short term. If buyers push the price above the resistance line, the ETH / USDT pair could hold the top of all time at $ 4,957.
Conversely, if the price decreases from the resistance line, it indicates that the Bears continue to sell during gatherings. Sellers will have to pull the price of the ether below the $ 3,745 support to suggest that the pair may have completed in the short term.
XRP price prediction
The XRP (XRP) rebound on the $ 2.69 support reached mobile averages, signaling solid purchases at lower levels.
The sellers will try to maintain the XRP price inside the descending triangle model defending the downline line. Ahead, a fence less than $ 2.69 completes a Bearish descending triangle pattern. This can speed up the sale, pulling the XRP / USDT pair at $ 2.20.
Alternatively, a closure above the downline denies the downstream configuration. The failure of a negative scheme is a bullish sign because aggressive bears can rush to close their short positions. It could start a rally at $ 3.20, then at $ 3.38.
Price prediction BNB
BNB (BNB) went from $ 1,036 on Monday, but the Bears did not allow the price to lower below the 20 -day EMA ($ 976).
If the price appears from the current level or the 20 -day EMA with force, it increases the probability of a rupture greater than $ 1,036. The BNB / USDT pair can then go back to $ 1,083. Sellers will try to defend the level of $ 1,083 of all their might, because a break above could start the next step in the upward trend at $ 1,173.
Unlike this hypothesis, if the BNB price decreases and breaks down and breaks down, it signals the start of a deeper correction in SMA of 50 days ($ 909), then at $ 842.
Solana price prediction
The sellers are trying to stop the recovery of Solana (floor) at the 20 -day EMA ($ 216), but the Bulls maintained the pressure.
If buyers push the price above the upward trend line, this suggests that the corrective phase can be finished. The floor / USDT pair could come together at $ 230 and thereafter at $ 260. Sellers should fiercely defend the level of $ 260.
This positive point of view will be invalidated in the short term if the price drops and breaks below the support of $ 190. If this happens, Solana’s price could fall to $ 175, which indicates that the pair could extend its stay inside the range from $ 110 to $ 260 for a while.
Dogecoin price prediction
The tight range of Dogine (DOGE) negotiating between the Haussier trend line and the 50 -day SMA ($ 0.23) resolved on Wednesday.
If the price closes above the 20-day EMA ($ 0.24), this suggests that the Bulls are trying to return. The price of Dogecoin can come together at $ 0.26 and, after that, to resistance to rigid general costs of $ 0.29.
Sellers will have to pull the price below the bullish trend line to gain the upper hand. If they can remove it, the Doge / USDT pair could decrease to $ 0.21, then to $ 0.19. This indicates that the price can be consolidated between $ 0.14 and $ 0.29 for a few more days.
Cardano price prediction
The sellers tried to shoot Cardano (ADA) below the level of $ 0.78 on Tuesday, but the Bulls held out.
Buyers try to strengthen their position by pushing the price above mobile averages. If they manage to do so, the ADA / USDT pair could rally to the resistance line. Sellers will endeavor to stop the resistance line, but if buyers make their way to go, the price of Cardano could reach $ 1.02.
Lowering, a break and a closure below the level of $ 0.75 will end a descending triangle motif. This opens the doors for a fall at $ 0.68.
In relation: Bitcoin pressure for $ 118,000 while analysis calls us the government, “non-event”
Hyperliquid price prediction
Hyperliquid recovery (hype) has reached mobile averages, which is a critical level to monitor.
The EMA of 20 days broken ($ 48.09) and the RSI just below the median point indicate a light edge to the bears. Sellers will have to pull the hyperliquid price below $ 42.89 to strengthen their position. The Hype / USDT pair could then fall to $ 40, where buyers should intervene.
Unlike a break and close above the mobile averages indicates that the bulls are back in control. The pair can then reach $ 54.50 and then $ 59.
Online price prediction
ChainLink (Link) was negotiated inside a descending channel model, indicating that bears sell during rallies.
Sellers should aggressively defend the area between the 20 -day EMA ($ 22.25) and the resistance line. If the price drops sharply from the air area, the Link / USDT pair can remain inside the channel for a while.
The first sign of strength will be a break and close above the resistance line. If this happens, it suggests that the corrective phase can be finished. The price of the chain could then rest at $ 25.64 and later at $ 27, where the Bears should pose a strong challenge.
Avalanche price prediction
The avalanche (AVAX) rescue rally faces resistance near the 20 -day EMA ($ 30.12), but a positive sign is that the Bulls have not abandoned a lot of land in the bears.
If buyers stimulate the price greater than $ 31.25, the Avx / USDT pair could take momentum and try a gathering at $ 36.17. Sellers should fiercely defend the level of $ 36.17, but if the Bulls prevail, the rally could reach $ 45.
Instead, if the price drops and decomposes below $ 27.38, it indicates that the bears maintained the pressure. The price of the avalanche can then fall to $ 22.50, bringing into play the wide range of $ 15.27 to $ 36.17.
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.
