Key points:
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Bitcoin Price has experienced profit nearly $ 105,819, reporting that ports remain active at higher levels.
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Selecting altcoins have continued to increase, indicating an increase in investor interests.
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SPX and DXY play a catch-up at Bitcoin after the American-China trade agreement.
Bitcoin (BTC) began the new week on a prudent note, falling below $ 103,000, but the S&P 500 (SPX) index and the US dollar index (DXY) increased sharply after the announcement of the US China Trade Agreement. One of the reasons could be that other assets are trying to play Bitcoin catching up, and the net rally in the US dollar can act as other winds for Bitcoin in the short term.
André Dragosch, European research manager, said in an article on X that the company’s owner indicator had reached its highest level since 2024. Historically, the high levels of the indicator have led to short -term correction or lateral price action.
Short -term uncertainty has not prevented long -term bulls from adding more bitcoin to their wallet. Michael Saylor’s strategy acquired 13,390 bitcoin at an average price of $ 99,856 between May 5 and 11. The latest purchase increased the company’s transport to 568,840 Bitcoin.
What are the crucial support levels to monitor in Bitcoin et altcoins? Let’s analyze the graphics of the 10 best cryptocurrencies to discover it.
Price prediction of the S&P 500 index
The S&P 500 index deepened on May 12 and exceeded resistance to rigid general costs at 5,800.
Time is exhausted for bears. If they want to prevent the increase, they will have to fiercely defend the level of 5,800 and quickly drive the price below the exponential mobile average of 20 days (5,570). If they manage to do so, the index could start a deeper correction to 5,400.
Instead, if the price ends above 5,800, the UP movement can continue towards the level of 6,000. There could be a minor stop at 6,000, but if the Bulls prevail, the index could hold the top of all time at 6,147.
Price prediction of the US dollar index
The US dollar index pierced the 20 -day EMA (100.42) on May 8, indicating that bears lose their grip.
The sellers tried to withdraw the price below the 20 -day EMA on May 9, but the Bulls held out. The index has reached the 50 -day simple mobile average (102.08), which should behave as a resistance.
If the price drop in SMA of 50 days but finds support for the 20 -day EMA, it suggests a positive feeling. This increases the probability of a rally to 103.54 and thereafter at 104.68.
Bitcoin price prediction
Bitcoin went from $ 105,819, indicating that the Bears defend the area from $ 107,000 to $ 109,588.
The first support for the decline is the level of $ 100,000, and below, the 20 -day EMA ($ 97,238). If the price bounces from the support area, the Bulls will again try to kick the BTC / USDT pair above $ 109,588. If they can remove it, the pair could rise to $ 130,000.
Conversely, if the price drops and breaks below the 20 -day EMA, it indicates that buyers reserve profits at higher levels. This opens the doors for a fall at $ 93,000, then at SMA of 50 days ($ 89,302).
Ether price prediction
The ether bulls (ETH) try to maintain the price of more than $ 2,550, but the Bears maintained the sale pressure.
If the price unscrewed below $ 2,435, the ETH / USDT pair can fall to $ 2,320. If the price bounces $ 2320, the Bulls will try to resume the UP movement. There is a resistance at $ 2,850, but if it is crossed, the pair could reach $ 3,000.
Unlike this hypothesis, if the price drops and breaks down below $ 2,320, this suggests that Bulls reserve profits. The pair can fall to the break of $ 2,111, which should act as support.
XRP price prediction
XRP (XRP) broke out above the resistance line on May 10, and the Bulls succeeded in the level of rupture on May 11.
The Bulls have reinforced their position by pushing the price above the resistance of $ 2.50. There is a minor resistance at $ 2.65, but if the level is set up, the rally could reach $ 3. Such a movement indicates a change in potential trend.
Alternatively, if the price drops sharply by $ 2.65 and breaks below the 20 -day EMA ($ 2.27), it reports possible short -term beach training. The XRP / USDT pair could swing between $ 2 and $ 2.65 for a while.
Price prediction BNB
BNB (BNB) went from $ 679 on May 10, but rebounded the $ 644 escape level on May 12.
Buyers tried to resume the UP movement, but the long wick on the candlestick shows the sale near the level of $ 700. If the price remains greater than $ 644, the Bulls will make another attempt to propel the BNB / USDT pair at $ 745.
Sellers will have to reduce the price below $ 644 to weaken the bulls. The pair could then fall into the 20 -day EMA ($ 621). Buyers should defend the EMA 20 days because a break below could tilt the advantage in favor of bears.
Solana price prediction
The UP Movement of Solana (Sol) blocked near the resistance of $ 180, but a positive sign is that the Bulls have not abandoned a lot of ground in the Bears.
A shallow withdrawal increases the possibility of continuing the rally. If buyers drive the price of more than $ 180, the ground / USDT pair could bring together $ 210.
Immediate support for the decline is $ 168. If the price slides less than $ 168, the pair could go down to the 20 -day EMA ($ 155). A 20 -day EMA rebound suggests that the bulls remain in control. This increases the probability of a break greater than $ 180. The sellers will gain the upper hand on a break below $ 153.
In relation: Bitcoin worked for $ 150,000 in BTC as United States price rally, China agrees to reduce prices
Dogecoin price prediction
DOGECOIN (DOGE) went from $ 0.26 on May 11, indicating the reservation of profits by short -term buyers.
The bulls should aggressively defend the level of escape of $ 0.21. If the price bounces $ 0.21 with force, it indicates that the Bulls have reversed the level of support. The DOGE / USDT pair could then climb $ 0.31.
On the contrary, a breakup and a closure below the level of $ 0.21 suggests that bears remain active at higher levels. The pair could then fall to mobile averages, pointing to a possible beach training between $ 0.14 and $ 0.26 in the short term.
Cardano price prediction
Cardano (ADA) faces a resistance almost $ 0.86, but a positive sign is that the Bulls have not given up a lot of ground to the bears.
The 20 -day EMA ($ 0.72) has started to introduce itself, and the RSI is near the Surachat area, indicating an advantage for buyers. If the price bounces from the neck, the Bulls will try to propel the ADA / USDT pair above $ 0.856. If they can remove it, the pair could go to the target target of $ 1.01.
If the sellers want to prevent the increase, they will have to quickly withdraw the price below the medium of moving. If they do this, the pair could go down to the solid support at $ 0.58.
SUD price prediction
SUP (Suis) faces sale at $ 4.25, but a positive sign is that the Bulls have maintained the price higher than $ 3.90.
The two mobile averages are sloping and the RSI is near the Surachat area, indicating that the slightest resistance path is upwards. If buyers release the level of $ 4.25, the SUI / USDT pair could rise to $ 5.
The first sign of weakness will be a break and close below the level of $ 3.90. This opens the doors for a 20 -day EMA fall ($ 3.48). A rebound on the 20 -day EMA indicates that the positive impetus remains intact. The Bulls will then try to release the obstacle above $ 4.25.
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.
