The following are key points.
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Bitcoin’s price is trying to support itself near $88,000. This indicates a strong sentiment.
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The recovery of select altcoins may be stifled unless buyers defend their support levels.
BitcoinBTC() is trying to find support around $88,000. However, a few US and global macroeconomic variables are causing headwinds in the crypto market. In response, the buyers are taking a cautious approach And possibly wait to see what impact a rekindled trade war between United States and European Union has on markets.
How low can BTC’s price fall? This is the big question for traders. Peter Brandt is a long-time trader who said on X in a blog post that BTC may plunge to $58,000 to $62,000He added that 50% of the times he’s wrong and he wouldn’t be embarrassed if the prices did not reach there.
Tom Lee, Fundstrat’s head of research, warned that investors should also be prepared to face any situation. “painful decline” Stock and cryptocurrency markets are expected to grow in 2026. The only positive aspect is that Lee expects BTC could possibly reach a new high.
Would buyers be able to stop the fall in BTC? We’ll find out by analyzing the charts for the 10 most popular cryptocurrencies.
Bitcoin price prediction
On Wednesday, buyers tried to begin a BTC recovery, but bears held firm, signaling selling during rallies.
The relative strength index is negative and slopes down. This indicates that the bears are slightly in control. BTC/USDT could fall as low as $84,000, if $86,500 is no longer a support.
The moving averages should act as a barrier during relief rallies. However, if the bulls triumph, Bitcoin’s price could rise up to $94,789 before settling at $97.924. Closes above $97.924 indicate a possible trend change. It is possible that the pair will then reach $100,000, and then $107 500.
Prediction of Ether prices
EtherETH() plunged beneath the moving averages and hit the support line for the symmetrical triangular pattern on Tuesday.
The bears continue to exert pressure on the bulls, as the bounce is weak. If the pair ETH/USDT breaks the line of support, it may drop to $2623.
The bulls are running out of time. To get back into the game, they will need to quickly push Ether above the moving-averages. Buyers will gain momentum on the upside after they close above the resistance level.
BNB price prediction
BNB’s (BNBOn Wednesday, the pullback fell below the simple moving average of 50 days ($885). This indicates that the market rejected the breakout over $928.
BNB may drop to the line of the trend, and the bulls will likely step in. Moving averages may sell off a rebound from the uptrend. The BNB/USDT may fall below the trend line if the price moves down away from moving averages. It is possible that the pair will then try to test support at $790.
The price will not rise above $959 unless the buyer takes control. They may be able to push the price up to as high as $1,087.
XRP price prediction
It is a cryptocurrency that allows you to buy and sell XRP.XRPThe, which is below the moving-averages, indicates that the bears will continue to exert their pressure.
The bears’ goal is to drag the XRP rate to $1.77. They will then try to get to the critical support of $1.61. Expect buyers to fiercely protect the zone that lies between $1.61, and the support lines of the descending pattern channel. The pair could stay in the channel for some time if the price rises sharply.
The price will rise above the trendline if the buyers can push it. If the price of the pair rises, it may reach $2.70.
Solana price prediction
Solana’s (SOLBreaking below the SMA 50 (132) indicates that price could remain in the $117-$147 range for some more days.
On the downside, the $117 support level is crucial. A break below this may indicate the return of the downward trend. SOL/USDT could then plunge towards $95.
A break above $147 and a close over that level signals the victory of the bulls. It suggests a possible trend change that could propel the Solana to $172, and then $189.
Dogecoin price prediction
DogecoinDOGE) has reached the $0.12 support, which is expected to attract solid buying by the bulls.
It is possible that the relief rally will be met with selling near the 20 day EMA ($0.13). The risk of a breakdown below $0.12 increases if the price moves sharply down from the 20 day EMA. If the price turns down sharply from the 20-day EMA, then there is a risk of a break below $0.12 support.
In contrast to the assumption made, the Dogecoin Price may stay within the range of $0.12-$0.16 for some time. A close above the resistance of $0.16 will tip the balance in favour of the bulls.
Cardano price prediction
Cardano (ADAThe price of tries to gain support around the $0.33 mark, but it is likely that the market will sell in the region between the moving averages (and the downward trend line) to prevent a recovery.
Cardano’s price could fall below $0.33 if it turns sharply downwards from overhead resistance. The ADA/USDT could then fall towards the support line in the descending pattern. It is likely that buyers will fiercely defend this support line which is near the October 10 low of $0.27.
In the short term, this negative outlook will be nullified if price breaks through the downward trend line and turns upwards. This pair could then rise to the $0.50 breakdown level.
Related: Can Bitcoin regain $90K? Bulls at risk as long-term holders ramp up selling
Bitcoin Cash price prediction
The Bitcoin Cash (BCHThe $563 mark is a level of support for the pullback, which indicates demand at lower levels.
It is anticipated that the recovery will be slowed by selling near the 20-day EMA (602). The risk of a breakdown below $563 is increased if the price drops sharply away from the 20 day EMA. BCH/USDT could then drop down to $518.
An upward break of the moving averages could indicate that the bulls have decided to try and make a return. Bitcoin Cash may reach a price of $631. This is a significant challenge.
Monero price prediction
Monero’s (XMR) bounce off the 20-day EMA ($541) on Monday fizzled out at $650, indicating selling on rallies.
Monero’s price dropped sharply Tuesday, closing below the 20 day EMA. The XMR/USDT could have reached its top in the very near future. The pair might complete a full retracement of 100% and fall to $417.
It is a tough road ahead for buyers. Relief rally will be met with selling near the 20-day EMA, and then the $650 mark. The bulls will be back on the field if the close is above the $650 mark.
Chainlink price prediction
ChainlinkLINKOn Monday, ) fell below the moving-averages and signaled that range bound action could continue.
Moving averages that are flat and the RSI at the level of 40 do not favor either the bulls nor the bears. If the price breaks below the $10.94 to $11.61 support level, the bulls gain an advantage. The LINK/USDT could then fall towards the October 10 low at $7.90.
Chainlink must be priced above $14.98 to indicate strength. It is possible that the pair will then rise to $17.66.
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Source: cointelegraph.com
