Key points:
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Bitcoin has attempted to surpass $90,000, but a sustainable recovery may require a recovery in institutional demand.
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While most major altcoins are struggling to get close to their recent lows, Bitcoin Cash looks strong on the charts.
Bitcoin (BTC) rose above $89,500, but the bulls were unable to sustain the higher levels. A sustainable recovery would require a recovery in institutional demand. Since December 15, BTC exchange-traded funds have seen outflows of more than $1 billion, according to data from Farside Investors.
Despite BTC’s weak performance towards the end of the year, the strategy’s CEO Phong Le said in a recent podcast that BTC’s fundamentals “couldn’t be better.”
In the short term, Le said Bitcoiners should be “pretty methodical and mathematical about it” because price action is generally unpredictable.
Some analysts believe that cryptocurrency prices will remain sensitive to Fed policies in the first quarter of 2026. Jeff Mei, chief operating officer of BTSE, said in a blog post that a single 0.25% rate cut by the Fed and a steady rate of Treasury purchases could push BTC into the $92,000-$98,000 range, “supported by continued ETF inflows exceeding $50 billion dollars and institutional accumulation.
What are the critical support and resistance levels to watch in BTC and major altcoins? Let’s analyze the charts of the top 10 cryptocurrencies to find out.
Bitcoin Price Prediction
On Friday, BTC declined from the 20-day exponential moving average ($88,593), indicating negative sentiment.
The crucial support to watch on the downside is $84,000. If this level is exceeded, the price of Bitcoin could resume its downward trend. The BTC/USDT pair could plunge as low as $80,600 and then reach the formidable support at $74,508.
Conversely, a close above the 20-day EMA brings the $84,000 to $94,589 range into play. Buyers will need to maintain the price above $94,589 to signal strength. The pair could then rise towards the psychological level of $100,000.
Ether Price Prediction
Ether (ETH) continues to trade inside a symmetrical triangle, indicating a balance between supply and demand.
If Ether price breaks above the moving averages, the next stop could be the resistance line. Sellers should defend the resistance line, as a breakout and close above it would open the door for a rally to $4,000.
Conversely, if the price declines and breaks below the support line, it suggests that the bears have dominated the bulls. The ETH/USDT pair could then go down to $2,623 and then to $2,373.
BNB Price Prediction
BNB (BNB) has reached the uptrend line, which is a crucial level to watch in the short term.
Buyers will attempt to strengthen their position by pushing the BNB price above the moving averages. If they succeed, the BNB/USDT pair could challenge the overhead resistance of $928.
Contrary to this assumption, if the price continues to fall and closes below the uptrend line, it indicates that the bears have the advantage. The pair could then slide to strong support at $790, where buyers should step in.
XRP Price Prediction
XRP (XRP) remains in the descending channel pattern, but the bulls are attempting to initiate a recovery.
Buyers will need to push the price above the 20-day EMA ($1.93) to signal strength. The XRP/USDT pair could then rebound to the 50-day SMA ($2.09) and then towards the downtrend line.
Instead, if XRP price declines from the current level or moving averages, it indicates that the bears are active at higher levels. The pair could then decline to strong support at $1.61. Below this level, the pair could collapse as low as $1.25.
Solana Price Prediction
Buyers are attempting to initiate a rally in Solana (SOL), but the long wick on the candlestick shows selling at higher levels.
If the price continues to decline and breaks below $116, it signals the resumption of the downtrend. The SOL/USDT pair could fall to $108 and possibly reach the critical support at $95.
The first sign of strength will be a breakout and close above the 20-day EMA ($127). This suggests the bears are losing their grip. Solana price could reach the 50-day SMA ($135) and then up to $147.
Dogecoin Price Prediction
Dogecoin (DOGE) remains below the $0.13 level, signaling that the bears continued to apply pressure.
If the $0.12 level gives way, the DOGE/USDT pair could begin the next leg of the downtrend at $0.10.
A minor positive for the bulls is the positive divergence on the RSI. This suggests that the bearish momentum is weakening. Buyers will need to push Dogecoin price above the moving averages to signal that the market has rejected the break below $0.13. The pair could then rebound towards $0.19.
Cardano Price Prediction
Buyers are attempting to initiate a recovery by pushing Cardano (ADA) above the $0.37 breakout level.
The positive divergence on the RSI suggests that selling pressure is decreasing. A close above the 20-day EMA ($0.38) signals the start of a recovery, which could reach the 50-day SMA ($0.43) and then $0.50.
Alternatively, if Cardano price declines from the 20-day EMA, it shows that the bears remain in charge. The ADA/USDT pair could then fall to $0.30, then to the October 10 low of $0.27.
Related: Risks of AI bubble in 2026: what is the potential impact on the price of Bitcoin?
Bitcoin Cash Price Prediction
Bitcoin Cash (BCH) appeared off the 20-day EMA ($575) on Thursday, indicating positive sentiment.
The bulls will attempt to push the Bitcoin Cash price above the $631 resistance. If they succeed, the possibility of a breakout above $651 increases. The BCH/USDT pair could then rise to $720.
This positive opinion will be invalidated in the short term if the price declines and falls below the moving averages. Such a move suggests that the pair could consolidate between $443 and $631 for some time.
Chainlink Price Prediction
Chainlink (LINK) remains sandwiched between the 20-day EMA ($12.78) and support at $11.61.
The narrow range trading is likely to resolve with a range expansion in the coming days. If the price rises and breaks above the moving averages, the LINK/USDT pair could rise to $15.01 and then to $16.80.
On the contrary, if Chainlink price declines and breaks below the $11.61 support, it increases the risk of a fall below $10.94. The pair could then fall to the October 10 low at $7.90.
Hyperliquid price prediction
Hyperliquid (HYPE) remains below the 20-day EMA ($26.72), but the bears failed to push the price below the $22.19 support.
The bulls will take advantage of the situation and try to push the price above the 20-day EMA. If they succeed, the HYPE/USDT pair could rebound to the 50-day SMA ($32.22) and later to the breakout level of $35.50.
On the other hand, if hyperliquid price declines from the 20-day EMA, it indicates that the bears remain in control. This increases the likelihood of a decline below $22.19. The pair could then plunge to the October 10 low at $20.82.
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. Although we strive to provide accurate and timely information, Cointelegraph does not guarantee the accuracy, completeness or reliability of the information contained in this article. This article may contain forward-looking statements that are subject to risks and uncertainties. Cointelegraph will not be liable for any loss or damage arising from your reliance on such information.
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. Although we strive to provide accurate and timely information, Cointelegraph does not guarantee the accuracy, completeness or reliability of the information contained in this article. This article may contain forward-looking statements that are subject to risks and uncertainties. Cointelegraph will not be liable for any loss or damage arising from your reliance on such information.
