Key points:
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Bitcoin is attempting to recover from the $84,000 level, but bears continue to sell during rallies.
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Several major altcoins are struggling to begin a recovery, but Bitcoin Cash looks strong in the short term.
Bitcoin (BTC) rose above $89,000 after the Bank of Japan (BoJ) raised rates to around 0.75% on Friday, but bulls are struggling to maintain the higher levels. Although a BoJ rate hike is generally seen as negative for risk assets, BitMEX co-founder Arthur Hayes told his X supporters not to fight the BoJ because negative real rates were the explicit policy. Hayes predicts that the dollar/yen will reach the 200 level and “BTC to a million”.
Although the long-term picture remains optimistic, the short term remains uncertain. The big question on investors’ minds is whether rallies should be sold or if this is a good buying opportunity. Jurrien Timmer, director of global macroeconomic research at Fidelity, said in an article on X that BTC could have reached $125,000, marking the end of its halving phase of its four-year cycle. He expects BTC to see a down year in 2026, with support between $65,000 and $75,000.
In another projection for 2026, Paolo Ardoino, CEO of Tether, said that BTC may not see “strong 80% corrections, like we saw in 2022 or early 2018.” However, he said BTC could be affected by the so-called AI bubble due to its close correlation with capital markets.
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 attempt to defend the $84,000 support, but the recovery is likely to be met with selling at the moving averages.
The falling 20-day exponential moving average (EMA) ($89,369) and relative strength index (RSI) in negative territory suggest that the bears have a slight advantage. If the price declines sharply from the 20-day EMA, the probability of a break below $84,000 increases. The BTC/USDT pair could then fall to $80,600.
Buyers will need to keep Bitcoin price above the $94,589 resistance to signal a potential near-term trend change. The pair could then rise to $100,000 and then to $107,500.
Ether Price Prediction
Ether (ETH) attempts a relief rally from support near $2,700, indicating a buy on the dip.
The bears are unlikely to give up easily and will fiercely defend the area between the 50-day simple moving average (SMA) ($3,161) and $3,450. If Ether price declines sharply from overhead resistance, the ETH/USDT pair could retest the $2,700-$2,623 support zone. If the zone collapses, the pair could drop to $2,250.
This negative view will be invalidated in the short term if the price rises above the $3,450 resistance. The pair could then rise to $3,918.
BNB Price Prediction
BNB (BNB) is attempting to bounce off the uptrend line, but higher levels will likely attract sellers.
If BNB price declines sharply from the moving averages, the possibility of a decline to the $790 support increases. Buyers should defend the $790 level with all their might, as a break below could send the BNB/USDT pair tumbling to $730.
On the contrary, a breakout and close above the $928 resistance will complete an ascending triangle pattern. This suggests that the corrective phase is over, opening the door for a rally towards the target target of $1,066.
XRP Price Prediction
XRP (XRP) is attempting to bounce off the support line of the descending channel pattern, indicating demand at lower levels.
The descending moving averages and the RSI in negative territory indicate an advantage for the bears. If the price declines from the moving averages, the bears will attempt to push the XRP/USDT pair down to the $1.61 support.
Instead, if XRP price continues to rise and breaks above the 50-day SMA ($2.15), it suggests that the pair could remain inside the channel for some more time. The bulls will gain the upper hand at the close above the downtrend line.
Solana Price Prediction
Solana (SOL) fell below the $121 level on Thursday, but the bears are struggling to hold the lower levels.
The rally is expected to face a sell-off at the 20-day EMA ($131) and then the 50-day SMA ($142). If the price declines from the moving averages, the bears will again attempt to bring the SOL/USDT pair below $121. If they succeed, Solana price could drop to $110 and then to the $95 support.
On the contrary, if buyers push the pair above the $147 resistance, it suggests a near-term trend change. The pair could then rebound up to $172.
Dogecoin Price Prediction
Dogecoin (DOGE) remains below the $0.14 level, but the bulls are trying to initiate a relief rally.
The RSI shows positive divergence, indicating that the bearish momentum is weakening. Bulls will need to push and sustain the DOGE/USDT pair above the $0.16 level to signal a comeback.
The sellers will likely have other plans. They will attempt to stop the relief recovery at the $0.14 breakout level. If they do, it suggests that the $0.14 level has become resistance. This increases the risk of a decline to the October 10 low of $0.10.
Cardano Price Prediction
Cardano (ADA) fell below the $0.37 support on Wednesday, but the bulls are trying to regain this level on Friday.
The positive divergence on the RSI suggests that selling pressure is decreasing. The buyers will attempt to push the price above the 20-day EMA ($0.40). If they succeed, the ADA/USDT pair could rally back to the $0.50 breakout level. Sellers will attempt to defend the $0.50 level, turning it into resistance.
On the downside, a breakout and close below $0.34 signals the resumption of the downtrend. Cardano price could then fall to the $0.27 level.
Related: SOL Price Action Is Lagging the Broader Altcoin Market: Is Solana’s Peak Over?
Bitcoin Cash Price Prediction
Buyers successfully defended the 50-day SMA ($535) in Bitcoin Cash (BCH), indicating positive sentiment.
The bulls will attempt to strengthen their position by pushing the Bitcoin Cash price above the $615 resistance. If they succeed, the BCH/USDT pair could resume its uptrend. The pair could rally to $651 and then to $720.
Conversely, if the price declines sharply from $615 and drops below the 50-day SMA, it suggests that the pair could consolidate in the wide range between $443 and $615 for a few days.
Hyperliquid price prediction
Hyperliquid (HYPE) rose from $22.19, signaling that bulls are aggressively defending the October 10 low of $20.82.
The relief rally could reach the 20-day EMA ($28.86), which is a crucial overhead resistance to watch. If the price declines sharply from the 20-day EMA, it indicates that the bears continue to sell on rallies. This increases the risk of a break below the $20.82 support. If this happens, the HYPE/USDT pair could drop to $16.90.
On the other hand, a break above the 20-day EMA suggests that the bears are losing their grip. The price of Hyperliquid could then rise to the breakout level of $35.50.
Chainlink Price Prediction
The bulls are trying to stop the fall of Chainlink (LINK) at the $11.61 to $10.94 support zone.
The recovery is likely to face resistance at the 50-day SMA ($13.99). If Chainlink price declines from the 50-day SMA, the $10.94 support could come under pressure. If the level breaks, the LINK/USDT pair could fall to the October 10 low at $7.90.
On the other hand, a breakout and close above the $15 level indicates that the bulls are fiercely defending the $10.94 support. This sets the stage for a rally to $16.80 and then to $19. This brings the wide range of $10.94 to $27 into play.
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