Key points:
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Bitcoin is fell into the support zone of $ 115,000 to $ 110,530, where buyers should set up a solid defense.
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ETH stands near the resistance to general costs while investors pay money into the ETH FNB.
The repeated inability to maintain Bitcoin (BTC) above $ 120,000 in recent days may have tried short-term traders to reserve profits. This pulled the price below the level of $ 115,000 on Friday.
The consolidation of the BTC seems to move the interest of investors towards ether (ETH), causing a rotation of capital, according to a new research shared on X by the vision company of the Swissblock cryptographic market.
According to Farside investor data, exchange funds (ETF) have recorded net entries of around 2.4 billion dollars in the last six days of negotiation, well above 827 million dollars in net entries in ETF BTC during the same period.
The CEO of Galaxy Digital, Michael Novogratz, said on CNBC that ETH could possibly “outdo Bitcoin in the next three to six months”. He added that ETH could enter the price discovery if it withdraws $ 4,000.
The co-founder of Bitmex, Arthur Hayes, was even more optimistic because he plans that ETH reaches $ 10,000 by the end of the year.
What are the critical support and resistance levels to monitor BTC and the main altcoins? Let’s analyze the graphics of the 10 best cryptocurrencies to discover it.
Bitcoin price prediction
BTC slipped below the simple 20 -day mobile average ($ 116,305), indicating that bears are trying to make a return.
However, it is unlikely that the Bulls easily abandon. They will aggressively defend the area between 20 -day SMA and the support of $ 110,530. If the price is very close to the support zone, he suggests that the feeling remains positive and that the traders buy drops. This increases the possibility of a break greater than $ 123,218. If this happens, the BTC / USDT pair could increase to $ 135,729.
This optimistic view will be canceled in the short term if the price continues to lower and falls below $ 110,530. This could speed up the sale, pulling the pair towards the vital support of $ 100,000.
Ether price prediction
The ETH faces a significant resistance of the Bears at $ 3,745, but a positive sign is that the Bulls have not given up much to the bears.
A tight consolidation near a strong resistance increases the probability of a rupture above. If this happens, the ETH / USDT pair could contest resistance to general costs at $ 4,094. A break and close above the resistance could start the next step in the upward trend around $ 4,868.
The first support for the decline is $ 3,500. A break and a closure below $ 3,500 opens the doors for a 20 -day SMA fall ($ 3,234). Buyers should fiercely defend the 20 -day SMA because a break below informs the advantage in favor of bears.
XRP price prediction
Buyers tried to push XRP (XRP) above the resistance of $ 3.66 on Monday, but the Bears held the ground.
Not taking up the upward trend may have tried short -term buyers to reserve profits. This pulled the 20 -day SMA price ($ 2.96), which is likely to act as solid support. If the price bounces for 20 days SMA with force, the Bulls will make one more attempt to launch the XRP / USDT pair above $ 3.66. If they succeed, the pair could rise to $ 4, then to $ 4.50.
Unlike this hypothesis, a breakup and a closure below the 20 -day SMA could point out the start of a deeper correction at $ 2.60.
Price prediction BNB
BNB (BNB) skyrocketed to a new $ 809 summit on Wednesday, but the Bulls could not maintain higher levels.
The withdrawal finds support in zone from $ 761 to $ 732. A shallow withdrawal indicates that the bulls do not hurry to reserve profits because they anticipate another higher leg. If the price turns out to be the current level and exceeds $ 809, the BNB / USDT pair could increase to $ 900.
Sellers will have to pull and maintain the price below the 20 -day SMA ($ 714) to prevent the increase. Such a decision suggests that the break above $ 794 may have been a bull trap.
Solana price prediction
Solana (soil) fell for the resistance of $ 209 on Wednesday and broke below $ 185 escape on Thursday.
There is a strong support for the 20 -day SMA ($ 171). If the price bounces for 20 days SMA, the Bulls will try again to push the ground / USDT pair above $ 209. If they can remove it, the pair can drop to $ 240 and possibly $ 260.
Alternatively, a break below the 20 -day SMA suggests that the Bulls lose their grip. The pair can fall on the 50 -day SMA ($ 157). A deep correction could delay the start of the next step in the UP movement.
Dogecoin price prediction
DOGECOIN (DOGE) oscillates between $ 0.14 and $ 0.29 for several days, indicating the purchase on the hollows and the sale near the resistance to general costs.
The price dropped by $ 0.29 on Monday but should find a 20 -day SMA support ($ 0.21). If the price bounces for 20 days SMA, the Bulls will try to drive the Doge / USDT pair at $ 0.29. A break and closure greater than $ 0.29 could start a new upward trend towards the target target of $ 0.44.
Instead, if the price decreases below the 20 -day SMA, it suggests that the pair can stay inside the wide range for a few more days.
Cardano price prediction
Cardano (ADA) finds 20 -day SMA support ($ 0.74), but the Bears are likely to sell rallies.
If the price drops and breaks below the 20 -day SMA, it suggests a lack of demand at lower levels. This opens the doors for a 50 -day SMA fall ($ 0.66).
On the contrary, if the price bounces again from the 20 -day SMA, this indicates that the bulls aggressively defend the level. The Bulls will try to push the price to $ 0.86, then to $ 0.94. Sellers should protect the level of $ 0.94, but if the Bulls prevail, the ADA / USDT pair could resume the UP movement at $ 1.02 and then $ 1.17.
In relation: Eric Trump “ Okay of the ether should exceed $ 8,000 while the M2 money is rushing into
Hyperliquid price prediction
The hyperliquid (hype) broke under the 20 -day SMA ($ 44.29) on Wednesday and reached the support line of the ascending channel model.
The 50 -day SMA ($ 40.69) is also placed near the channel support line, which indicates that the bulls are likely to defend the level with vigor. If the price bounces from the support line and exceeds the 20 -day SMA, it suggests that the media / USDT threshing pair can remain inside the channel for a while. The pair can increase to $ 48, then $ 49.87.
Conversely, a breakup and a closure below the support line indicates the start of a deeper correction. The pair can drop to $ 36 and then $ 32.
Stellar price prediction
Stellar (XLM) was removed by $ 0.52 on July 18 and reached 20 -day SMA ($ 0.40), which is likely to attract buyers.
If the price bounces for 20 days SMA with force, the Bulls will try to propel the XLM / USDT pair towards resistance to general costs at $ 0.52. A break and close above $ 0.52 indicates the start of the next UP stage to $ 0.64.
On the other hand, a break and a closure below the 20 -day SMA suggests that the short -term bulls reserve profits. The pair could then drop to the Fibonacci retracement of 61.8% of $ 0.34.
SUD price prediction
Su (Sui) fell with the resistance of $ 4.30 on July 18, indicating that bears are active at higher levels.
The level of $ 3.55 is the crucial support to be monitored in the short term. If the price turns out to be the current level and exceeds $ 3.87, it suggests that the Su / USDT pair can form a range between $ 3.55 and $ 4.30. Buyers will be back in the driver’s seat at a fence greater than $ 4.30.
On the contrary, if the price continues lower and breaks below $ 3.55, this suggests that the bulls have abandoned. The pair can then decrease in SMA by 50 days ($ 3.20), which could attract buyers.
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.
