Key points:
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Bitcoin failed to hold above $90,000, indicating a lack of demand at higher levels.
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Several major altcoins have begun a recovery, but the higher levels have attracted solid selling pressure from the bears.
Bitcoin (BTC) bulls pushed the price above $90,000 on Wednesday, but higher levels attracted selling from the bears. Spot BTC exchange-traded funds (ETFs) saw outflows of $634.8 million this week, according to data from Farside Investors, indicating a cautious approach from institutional investors.
CryptoQuant analyst MorenoDV_ said in a recent Quicktake analysis that the True Market Mean (TMM), which represents the cost basis of all non-dormant coins, excluding miners, acts “like a psychological line in the sand.” If TMM, currently at $81,500, cracks, BTC could fall sharply, seeking support in the coming months.
On the other end of the spectrum are Grayscale analysts, who remain optimistic for 2026. In its 2026 outlook report, Grayscale said BTC could hit a new all-time high in the first half of next year thanks to macroeconomic tailwinds and better regulatory clarity in the United States.
What are the crucial 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
Buyers pushed BTC above the uptrend line on Wednesday, but the long candlestick wick shows selling at higher levels.
The bears will attempt to push Bitcoin price below the $84,000 support. If they succeed, the BTC/USDT pair could retest the crucial $80,600 level. Buyers are expected to fiercely defend the $80,600-$73,777 zone.
The first sign of strength will be a breakout and close above the 20-day exponential moving average ($90,037). The pair could then rise to $94,589 and then to the psychological level of $100,000.
Ether Price Prediction
Ether (ETH) bounced off the uptrend line on Tuesday, but the recovery stalled at the 20-day exponential moving average (EMA) ($3,066) on Wednesday.
The bears attempt to strengthen their position by pulling the price of Ether below the uptrend line. If they succeed, the ETH/USDT pair could fall to $2,716 and then to $2,623.
Buyers have a daunting task ahead of them. They will need to drive Ether price above the $3,350 resistance to signal a potential near-term trend change. This opens the door for a rally to $3,659 and then to $3,918.
BNB Price Prediction
Buyers attempted to push BNB (BNB) back above the 20-day EMA ($883), but bears managed to defend the level.
Sellers will attempt to push BNB price below the $840 level and test critical support at $791. Buyers should defend the $791 level with all their might, as a break below could send the BNB/USDT pair tumbling to $730.
Instead, if the price rises and breaks above the moving averages, it suggests that the pair could remain range-bound between $791 and $1,020 for some time. Buyers will be back in control if it closes above $1,020.
XRP Price Prediction
XRP (XRP) has slipped towards the support line of the descending channel pattern, indicating negative sentiment.
The bulls are expected to mount a strong defense in the area between the channel support line and $1.61. Any relief rally will likely face a sell-off at the 20-day EMA ($2.03) and then the 50-day simple moving average (SMA) ($2.18).
If XRP price declines from the moving averages, the possibility of a breakout below $1.61 increases. The XRP/USDT pair could then fall to the October 10 low at $1.25. On the other hand, a break above the downtrend line signals a potential trend change.
Solana Price Prediction
The bulls are trying to defend the Solana (SOL) support line, but the weak bounce suggests the bears are continuing to exert pressure.
The declining 20-day EMA ($133) and relative strength index (RSI) below 39 signal that the bears are in control. A close below the support line indicates continued downward movement. The SOL/USDT pair could plunge to $110 and then to strong support at $95, where buyers are expected to step in.
The bulls will need to push and sustain SOL price above the resistance line to gain the upper hand. The pair could then rebound up to $172.
Dogecoin Price Prediction
Dogecoin (DOGE) fell below the $0.13 support on Monday, signaling the resumption of the downtrend.
A minor advantage for the bulls is that the RSI forms a positive divergence. This suggests that selling pressure is decreasing. Buyers will need to quickly push and sustain Dogecoin price above the 50-day SMA ($0.15) to signal strength. The DOGE/USDT pair could then rise to $0.19.
Alternatively, if the price continues to fall or declines from $0.14, this suggests that the bears remain in charge. The pair could then fall to the October 10 low at $0.10.
Cardano Price Prediction
Cardano (ADA) is struggling to bounce off the $0.37 support, indicating a lack of aggressive buying from the bulls.
Sellers will attempt to strengthen their position by bringing Cardano price below the $0.37 level. If they succeed, the ADA/USDT pair could plunge to $0.32 and then to the October 10 low of $0.27.
Any relief bounce should result in a sell-off to the moving averages. The bulls will need to propel and sustain the price above the $0.50 breakout level to signal a return. The pair could then rise to $0.61.
Related: Solana TVL Hits Six-Month Low of $8.6 Billion: Is $80 SOL Price Next?
Bitcoin Cash Price Prediction
Bitcoin Cash (BCH) bounced off the 50-day SMA ($534) on Tuesday, and the bulls are trying to keep the price above the 20-day EMA ($558) on Wednesday.
If price fails to sustain above the 20-day EMA, sellers will once again attempt to take the BCH/USDT pair below the 50-day SMA. If they succeed, Bitcoin Cash price could drop below the $508 support. This suggests action limited between $443 and $615 for some time to come.
Conversely, if the price closes above the 20-day EMA, it signals positive sentiment. The bulls will then attempt to push the pair towards the upper resistance at $615.
Hyperliquid price prediction
Buyers are attempting to initiate a rally in hyperliquid (HYPE), but are likely to face selling near the 20-day EMA ($30.26).
If the price declines from the 20-day EMA, the HYPE/USDT pair could resume its downtrend. The pair could drop to $24 and then to the October 10 low of $20.82.
Contrary to this assumption, if the price rises and rises above the 20-day EMA, it suggests that the selling pressure is decreasing. The pair could then rise to the breakout level of $35.50, which is a critical level to watch. If buyers overcome resistance, it indicates that the downtrend may be over.
Chainlink Price Prediction
Chainlink (LINK) is trading below the moving averages, increasing the likelihood of a decline to the $10.94 support.
Buyers are expected to vigorously defend the $10.94 level, but the relief rally may face selling at the moving averages. If the price declines from the moving averages, the LINK/USDT pair could plunge to the October 10 low at $7.90.
Contrary to this assumption, if Chainlink price rises from the current level or support at $10.94 and rises above $15, it signals demand at lower levels. The pair could then rebound to $16.80.
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