Important points
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Last week, the ETFs that track Bitcoin helped to propel its price to an all-time record on Sunday. On Monday, buyers are hoping to prolong the rally.
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Altcoins have shown strength, and they are trying to overcome their resistance.
BitcoinBTC( ) recovered after reaching a record high of $125.708 on the previous day, but did not give up much ground to bears. The bulls don’t want to leave the market too soon, as they believe the rally is going to continue. Bulls again drove the price up to an all-time record on Monday.
Recent rally was boosted by solid purchases of spot BTC ETFs, which are exchange traded funds. recorded $3.24 billion in inflows last week. This was the second most successful week in terms of BTC inflows. The data from SoSoValue shows that it fell short of the 3,38 billion dollar record set in the week which ended on November 22, 2024.
Top Wall Street Banks Expect BTC to extend its rally By the end of this year, BTC will be a strong asset due to the sustained inflows into the BTC ETF and its correlation with gold. Citigroup predicts a modest $133,000 year-end goal, while Standard Chartered expects BTC to reach $200,000 in December.
Will BTC’s upward trend continue, or is it likely to experience a temporary dip? What is the position of altcoins? To find out, let’s examine the charts of 10 top cryptocurrencies.
S&P 500 Index price prediction
The S&P 500 Index (SPX) continued its scintillating run last week, indicating that the bulls are firmly in the driver’s seat.
First, if the index closes below its 20-day moving average exponential (6,637) and breaks through it then that is a sign of weakness. In that case, the index may fall to its 50-day moving average (6.503). The 50-day SMA will be defended with great force by buyers, as a breach below this level could trigger a more severe correction that may reach 6,147.
In contrast, if the buyers continue to keep the prices above the moving-averages, this signals that the sentiment of positivity is intact. If the index reaches 7,000, it may try to make a move up.
US Dollar Index price prediction
The bears failed to drag the US Dollar Index down below the moving averages. But the bulls are having a hard time clearing the 99 resistance level.
The buyers will try to push the index over the resistance again if the price is still above moving averages. They could push the index to the level of 100.50. At 100.50 the sellers will be a major obstacle. If the bulls can overcome that, they are most likely to move on to the resistance level of 102.
Any dips will likely be supported by the zone between 97.21 and 96.21. To signal a resumption in the downtrend, the bears must pull the price under the support of 96.21.
Bitcoin price prediction
Bears tried to sell the rise to $125.708 but were unable to keep the price under the $124.474 breakout on Monday.
The bears will be active if the price drops sharply. The sellers will try to push the Bitcoin price down to the 20 day EMA (117,291). Bulls are likely to push the BTC/USDT price pair towards $141,948 if the price bounces off the 20 day EMA.
If the price breaks down below the 20 day EMA and turns downward, the pair could continue to fluctuate between $107,000-$126,000 for a couple of more days. If the pair falls below $107,000, a bearish double top pattern will appear.
Prediction of Ether prices
EtherETH() broke through the resistance level on Monday. This indicates that buyers are trying to take control.
The correctional phase could be ending if the line is closed above. Ether’s price may rise up to $4.769 then move on to $4.957. Ether sellers will defend $4,957 vigorously. However, buyers may prevail and the Ether rate could rise to $5 500.
If the price drops sharply, and the 20-day EMA ($4,375) is broken below it, this could trap aggressive bulls. The ETH/USDT could fall to the $3,745 to $4,060 support area.
XRP price prediction
The XRP currency (XRP( ) has witnessed a fierce battle between buyers and sellers on the downward trend line.
The 20 day EMA ($2.94) is slowly turning up, while the RSI hovers just below the midpoint. This indicates a slight bullish edge. If the downtrend is broken, then this descending triangular pattern will no longer be valid. This could lead to a price spike, pushing XRP to $3.40 then $3.66.
In the opposite case, if price drops sharply below moving averages and then breaks through, the pair of XRP/USDT may stay inside the triangle.
BNB price prediction
Sellers attempted to block BNB (BNBThe buyers, however, had different plans. The bulls took advantage of the small dip in the market and drove the price upward on Monday.
BNB/USDT may rally up to $1252, at which point the bears could pose a serious challenge. The uptrend may extend further to $1,394 if the buyers break the $1252 resistance.
Bears face a steep climb. First, the bears will have to hold $1,134. Then they’ll need to support the 20-day EMA (1052). BNB’s price will need to fall below the 20-day EMA for sellers to make a move. This pair could then drop to the SMA 50 days ($941)
Solana price prediction
Sellers attempted to pull Solana.SOL) below the 20-day EMA ($222) on Saturday, but the bulls held their ground.
The positive RSI and moving averages indicate an advantage for buyers. This increases the probability of breaking above the resistance level $237. The SOL/USDT pairing could reach the strong resistance at $260 if that occurs.
In the short term, this positive outlook will be invalidated if price drops sharply below 50-day SMA (214). Solana could fall down to the $191 level of support.
Related: Bitcoin is crushing top memecoins in 2025: Can DOGE, TRUMP rebound in Q4?
Dogecoin price prediction
DogecoinDOGE) has sustained above the 20-day EMA ($0.25) in the past few days, indicating a positive sentiment.
The RSI is in the positive zone and the 20-day EMA started turning up. A slight edge has been given to bulls. If the price moves above $0.27 then the DOGE/USDT can ascend towards the resistance area of $0.29 to 0.31. It is expected that sellers will fiercely defend the zone of resistance because it can propel Dogecoin’s price up to $0.39.
In the short term, the uptrend line will be the key support. A break below this will indicate that the bulls have lost their hold. This pair could then stay within the huge range of $0.14 to $0,29 for a little while.
Cardano price prediction
Cardano (ADAThe bulls were unable to clear the barrier at the resistance level, even though the ) closed above its 50-day SMA on Thursday ($0.85).
The fact that the price did not fall below the 20 day EMA ($0.84) is a positive indicator for the bulls. This indicates strong demand for lower prices. Again, the bulls try to push the price over the resistance line. The ADA/USDT could rise to $1.02 if they are successful.
On the contrary, if price falls and closes beneath the 20 day EMA then it is a sign of strong selling around the resistance line. Cardano’s price could then stay in the triangle pattern of descending for more time.
Hyperliquid price prediction
The 61.8% Fibonacci level at $51.87 is a resistance for Hyperliquid (HYPE), indicating that the rally will be stopped.
Price is trying to stay below the moving averages. They could take the HYPE/USDT to $43 if they succeed. It is important to keep an eye on this support because it could lead to a drop in the Hyperliquid’s price down to $39.68.
In contrast to this, the rise in price and the break above $51.87 indicates the bulls’ return. This pair may then rise to $55.18, and then to its all-time highest of $59.41.
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Source: cointelegraph.com
