Key points:
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Bitcoin recovery remains on the right track, supported by a solid demand from Bitcoin ETF buyers.
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BNB, hype and soil lead the Altcoin load above, signaling solid purchases by bulls.
Bitcoin (BTC) increased to $ 116,495 on Friday, and the rescue rally is supported by a solid purchase on the fund of funds negotiated in exchange for the BTC (ETF), which experienced $ 1.7 billion in net entries this week, according to Sosovalue data.
Crypto Trader and analyst Matthew Hyland spotted the most extreme tightness on Bollinger bands on the monthly time. Furthermore, popular analyst Crypto Ceasar said in an article on X that similar outfit had previously led to high rise up and “BTC could be in a spicy Q4”.
However, not everyone is optimistic about the BTC in the short term. Cryptoque analyst JA Maartun said in an article on X that BTC’s momentum was cooling while “8 signals out of 10 in the cryptocurrency bull score” flashed Bearish for BTC.
What are the crucial levels of support and resistance to monitor in BTC and the main altcoins? Let’s analyze the graphics of the 10 best cryptocurrencies to discover it.
Bitcoin price prediction
The BTC broke out on Wednesday above the resistance of $ 113,500 and extended the recovery over the simple 50-day mobile average (SMA) ($ 114,544) on Thursday.
There is a resistance at $ 117,500, but if the buyers overcome it, the BTC / USDT pair could rise to $ 120,000 and finally to $ 124,474. Sellers will try to stop the UP movement at $ 124,474, because a break above could start the next step in the upward trend at $ 141,948.
The Bears will have to withdraw the price of Bitcoin below the 20 -day exponential mobile average (EMA) ($ 112,622) to weaken the bullish momentum. The pair can then collapse at $ 107,000, where buyers should intervene.
Ether price prediction
Friday, the narrow trading of ether (ETH) resolved upwards, indicating that the bulls have mastered the bears.
The Bulls will try to challenge the level of $ 4,957, where they should face significant sellers of bears. If the price drops by $ 4,957 but bounces $ 4,500, it improves the prospects for an upward escape. The ETH / USDT pair could then reach $ 5,500.
Conversely, if the pair refuses and breaks below $ 4,250, this suggests that the Bears sell on each minor rally. The price of the ether could then drop to $ 4,060 and then $ 3,500.
XRP price prediction
The Bulls pushed XRP (XRP) above the downward trend line, but find it difficult to rely on escape.
If the price drops and breaks below the 20 -day EMA ($ 2.93), it suggests that the break could be a bull trap. The Bears will then try to pull the XRP / USDT pair with a solid support at $ 2.73.
Instead, if the price turns out to be 20 days EMA and exceeds $ 3.15, it indicates a change in feeling of the sale of gatherings to buy on the hollow. The XRP price could then go back to $ 3.40.
Price prediction BNB
BNB (BNB) has reached a new summit of all time on Friday, indicating that Bulls are trying to rely on their advantage.
If buyers maintain the price of more than $ 900, the BNB / USDT pair could come together at the psychological level of $ 1,000. Sellers should vigorously defend the level of $ 1,000, but if the buyers defend the EMA of 20 days ($ 868) when it comes down, it signals a positive feeling. The BNB price can then resume the trend at $ 1,090.
This optimistic view will be canceled in the short term if the pair drops and drops below the EMA by 20 days. The price can then tumble at SMA 50 days ($ 834).
Solana price prediction
Solana (soil) gained momentum after exceeding the resistance of $ 218 and walks towards the level of $ 260.
Sellers are likely to make a strong challenge in the resistance area for general costs from $ 240 to $ 260. If the price decreases from the air area, the Bulls will try to stop the 20 -day EMA decline ($ 209). If they manage to do so, the probability of a break greater than $ 260 increases. The floor / USDT pair could then increase to $ 295.
The first sign of weakness will be at a fence below the 20 -day EMA. This suggests a reservation of profits by short -term merchants. Solana’s price can then fall on the upward trend line.
Dogecoin price prediction
Buyers are trying to maintain Dogecoin (DOGE) above the resistance of $ 0.26, indicating the force.
The DOGE / USDT pair can climb to resistance to general costs of $ 0.29, which is a critical level for the Bears to defend. If buyers stimulate the price of more than $ 0.29, the pair could start a new movement around $ 0.44.
Unlike this hypothesis, if the price of Dogecoin is decreasing sharply from resistance to general costs, he suggests that the pair could remain linked to the beach between $ 0.29 and $ 0.14 for a few more days.
Cardano price prediction
Cardano (ADA) closed above the line of tendency downwards of the reason down the canal on Wednesday, but it is unlikely that the bears easily abandon.
Sellers will try to withdraw the price below the means of moving. If they manage to do so, several aggressive bulls can be trapped, pulling the ADA / USDT pair from the support line.
On the other hand, if the Cardano price bounces EMA 20 days ($ 0.85), this suggests that the bulls control. Buyers will try to push the pair at $ 0.96, then to $ 1.02, where bears should intervene.
In relation: Here is what happened in the crypto today
Online price prediction
ChainLink (Link) broke out above the $ 24 resistance Thursday, indicating that the Bulls are trying to make a return.
The 20 -day EMA ($ 23.36) is the crucial support to be monitored when falling. If buyers maintain the price above the 20-day EMA, the Link / USDT pair could come together in the resistance area for general costs from $ 26 to $ 28.
Unlike a break and a closure below the 20 -day EMA suggests a lack of demand at higher levels. The price of the chain could drop to the 50 -day SMA ($ 21.84) and later at the trend line.
Hyperliquid price prediction
The hyperliquid (hype) continued its higher walk after exceeding the resistance of $ 49.88, indicating a sustained demand for bulls.
The rally had pushed the RSI into the exaggerated territory, increasing the risk of a decline towards the level of escape of $ 49.88. If the price bounces from the level of $ 49.88 with force, it suggests that the Bulls remain in charge. The Hype / USDT pair could then try a rally of the model of $ 64.25.
Sellers are likely to have other plans. They will strive to draw the price below the 50 -day SMA ($ 44.68), signaling a short -term summit.
SUD price prediction
Su (Sui) is approaching the downward trend line, where sellers are likely to set up a solid defense.
If the price drops from the downward trend line but bounces on the 20 -day EMA ($ 3.48), it signals a positive feeling. This increases the probability of a break over the downline line. If this happens, the downstream configuration will be invalidated and the Su / USDT pair could come together at $ 4.18.
The sellers will have to draw the prize on the 20 -day EMA to keep the pair inside the triangle. The bears will gain the upper hand if they flow the price below $ 3.11.
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.
