Important points
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Bitcoin is likely to remain under pressure in the near term as the US-EU Trade War may cause a risk off environment.
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Many major altcoins turned downwards from their overhead levels of resistance, signaling the fact that the bears continue to be in charge.
Bitcoin’s (BTCThe bears are continuing to press the price down. Cointelegraph reported that several crypto analysts believe a US/EU trade war could create an opportunity for a cryptocurrency. risk-off mood in the markets.
BTC is still struggling due to the uncertain market. Timothy Peterson, a network economist said BTC will eventually catch up with gold’s rally. He stated in a comment on X that BTC, as well as gold were heading the same direction but taking different routes.
The short-term outlook is a bit hazy. In an X discussion thread, CrypNuevo predicted that BTC will witness a significant increase. downside pressure due to uncertainty. Watch out for the 2026 annual open at $87,000, and the 80,500 range lows.
BTC, and other major altcoins, could bounce from the support level? Find out by analyzing the charts of 10 top cryptocurrencies.
S&P 500 Index price prediction
The S&P 500 Index (SPX) is facing selling near the 7,000 level, but a positive sign is that the bulls have not ceded much ground to the bears.
First, if the moving average exponential (EMA) for 20 days is broken (6.909). This suggests that bulls have booked profits. It is likely that buyers will defend the simple 50-day moving (SMA), as any break below may lead to further corrections to 6,720.
If the price bounces off of the moving averages then the bulls may try to continue the upward trend. If the buyers are able to push the price past the 7,000 level, then the index can soar up to 7,290.
US Dollar Index price prediction
US Dollar Index DXY rose over the 50-day SMA on Monday (98.99), but higher levels attract sellers.
If the price drops below moving averages the index will likely remain within the range 97.74 – 100.54.
In contrast to the assumption above, the strength of the rebound off moving averages signals the buying at dips. The bulls then try again to force the price towards the overhead resistance of 100.54. The sellers are likely to fight hard against the level 100.54, since a break above this mark signals a new upward trend.
Bitcoin price prediction
BTC has pulled back to the 20-day EMA (92,625). This is a key support in near-term.
It is a sign of a strong positive mood if the price bounces off the 20 day EMA. It increases the chance of the price breaking through the $97.924 mark. BTC/USDT could then rise up to $100,000, and later on to $107500.
A break-down and close beneath the moving averages indicates that bulls have lost their hold. The Bitcoin price may then oscillate inside the $84,000 to $97,924 range for a few days.
Prediction of Ether prices
EtherETHThe triangle remains symmetrical, signalling uncertainty as to the next direction.
The slight upward slope of the 20-day EMA (3,190 USD) as well as the and relative strength index near the middle do not show a clear edge for either the bulls nor the bears. The ETH/USDT may stay in the triangle if the price falls below the 20 day EMA.
Bulls will gain the upper hand if Ether prices close above the resistance level. It is possible that the pair will march to $3,569 before reaching $4,000. To the downside, the pair may fall to as low as $2,623 if it closes below the support level.
XRP price prediction
XRP’s (XRPBreaking below the SMA 50 days ($2) signals that bears have returned to the fray.
The bears’ position will be strengthened by bringing the price down to the strong support area between the $1.61 line and the solid zone. Price rebounding off support with strength indicates that the USDT/XRP pair could remain inside the channel.
After a closing below the resistance line, it is possible that the downside will gain momentum. Par may plummet down to $1.25, the low from Oct. 10.
The price of XRP must be raised above the trendline to indicate a change in the current trend.
BNB price prediction
BNBs are being pulled by sellers (BNBThe candlesticks show that the price is below the 20 day EMA (912 dollars) on Monday. However, the tail of the candlestick shows the buying to lower levels.
To signal the beginning of a pattern-driven upswing, the bulls need to get the BNB prices above $960.
The sellers will likely have another plan. They’ll try to pull BNB/USDT under the 50-day SMA (884) and defend the overhead resistance. The market may have rejected the break above $928 if they did so. The pair could then fall to the upward trend line and ultimately to $790.
Solana price prediction
Solana (SOL() has turned downwards from $147 and reached the SMA 50 days ($132), which indicates that bears are more active in higher levels.
Both moving averages have flattened out. RSI has just dropped below midpoint. This indicates that SOL/USDT could continue to be in a range between $117-$147 for some time.
The Solana will start a new trend if the price is raised above the level of $147. The pair could then surge to $172. A break below $117 could send the pair down to $95.
Related: US Bitcoin traders flip bearish: Is BTC price at risk of losing $90K?
Dogecoin price prediction
DogecoinDOGEOn Sunday the price fell below its moving averages and on Monday it reached the support of $0.12.
Long tails on candlesticks show that bulls are protecting the $0.12 mark. The moving averages are a resistance, but the bulls can overcome them and the pair DOGE/USDT may swing within the $0.12-$0.16 range for several more days.
If the Dogecoin prices continue to fall or turn down and break below $0.12 it indicates the return of the downward trend. It is possible that the pair will then try to retest its low from Oct. 10, which was $0.10.
Cardano price prediction
Cardano (ADA() fell below the moving-averages on Sunday. It is now heading towards the $0.33 resistance.
The bulls would again try to lift the ADA/USDT pairing above the downtrendline if they were able to successfully rebound off of the $0.33 price level. Cardano’s price could reach $0.50 if they are successful.
If the price falls below the $0.33 level, it is more likely that the next target will be the line support of the channel pattern. It is likely that buyers will protect the line of support, located near the $0.27 low from Oct. 10, which represents the previous high.
Bitcoin Cash price prediction
Bitcoin CashBCH() closed Saturday below the 50 day SMA (594), indicating the bears’ attempt to seize control.
The 20 day EMA ($608) started to move down and the RSI was in negative territory. This indicates that the bears now have the upper-hand. Expect the rebound off $563 to be met by selling at the EMA. The likelihood that the Bitcoin Cash support level of $563 will be broken increases if the Bitcoin Cash prices turns sharply down from the 20 day EMA. BCH/USDT may plunge to $518.
First, if the 20 day EMA is broken above it. The pair could then reach the $631 mark, at which point the bears will likely step in.
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Source: cointelegraph.com
