Bitcoin Bounce Failed To Hold. Will Altcoins Next Collapse?

Important points

• Bitcoin rose above $113,000 in the last 24 hours, but the longer wick of the candlestick indicates that it is still being sold at high levels.

• Bears maintain selling pressure on several altcoins, but they are still trying to hold onto their previous support levels. 

Sellers withdraw BitcoinBTC(below $110,000) on Thursday. But the bulls seized the opportunity and raised the price to over $113,000 Friday. Bears sold at higher prices to try and bring BTC’s price below $110,000.

Glassnode’s The Week Onchain Report states that BTC is at a crucial point to be on the lookout for, if it’s going up, $116,000. According to Glassnode’s latest The Week Onchain Report, BTC’s crucial level for the upside is $116,000. buyers pierce the $116,000 resistanceBTC may start the next phase of its uptrend. BTC could fall as low as $93,000 or $95,000, if it cracks at the $104,000 mark.

Joao W. Wedson, founder and CEO of Alphractal, said on X in a recent post that BTC’s fractal circle may come to an end by October. But before then, a move to $140,000 is possible. If BTC reaches its top in October, the risk is that it will enter a downturn in 2026 which may push prices below $50,000. Wedson said he wanted to know if BTC’s four-year-cycle had come to an end due to the strong demand of exchange-traded fund and institutional investors as claimed by some analysts.

What are some of the most important support levels in BTC? Find out more by looking at the charts of 10 top cryptocurrencies.

Bitcoin price prediction

BTC bulls pushed price up above 20-day exponential Moving Average (EMA) of $112,093, but couldn’t sustain higher levels. 

Sellers must act quickly to lower the price to below $109,000 in order to maintain the edge. Bitcoin may drop down to $107,250. This is an important level. The BTC/USDT may fall to 105,000, then $100,000 if the support fails.

The strength of the buyers is shown by the sustained price rise above the EMA. It is possible that the pair will then rise to the 50-day moving average (SMA), ($115.304), which may attract buyers. If the buyers overtake the sellers, then the rally can reach up to $120,000, and ultimately $124474.

Prediction of Ether prices

ETH) (ETHThe price of, has traded in a narrow range, between $4.500 and $4.250, for the last few days. This indicates a balanced supply-demand.

The RSI and 20-day EMA are flat, but neither gives a clear advantage to bulls nor bears. The bulls will be back on the field if the price goes above $4,500. The pair ETH/USDT may rise to $4664 then $4957. 

If the price drops further and falls below $4.250, then the pair may dip down to $4.094, the previous breakout level. The $4,094 price level is expected to be fiercely defended by buyers, as a breach below this could bring the Ether to $3,745.

XRP price prediction

It is a cryptocurrency that allows you to buy and sell XRP.XRP( ) formed a triangle in descending order, that will finish on a breakdown and close under $2.73.

Sellers are in a better position with the 20-day EMA descending ($2,90) and RSI below the midpoint. It is more likely that the price will fall below the $2.73 mark if it turns sharply down from the 20-day EMA. The XRP/USDT pairing could plunge to as low as $2.20.

A break above the EMA of 20 days suggests that the bears have lost their hold. The XRP may reach the downward trend line where bears will likely mount a fierce defense. Breaking and closing above the downtrendline negates the bullish setup and opens up the road for a rally towards $3.40 then $3.66.

BNB price prediction

BNBBNB) has been witnessing a tough battle between the bulls and the bears at the 20-day EMA ($848).

The 20-day EMA is flat and the RSI, just above midpoint, does not provide a clear edge to either the bulls nor the bears. The 50-day SMA (816) could become the next target if the price falls below $840. The buyers will attempt to stop the decline in the area between the 50 day SMA level and $794.

First, a close and break above $881 is a sign that the market has strength. The bulls appear to be back in control. BNB could rally above $900 to reach $1,000.

Solana price prediction

Solana (SOL) turned down from the $210 level on Thursday but is taking support at the 20-day EMA ($198).

Bulls will attempt to take control of the market by trying to push the price over the resistance level $218. The SOL/USDT will then complete an ascending bullish triangle, launching the next upleg to $240, and ultimately to $260.

Sellers must lower the price to the downtrend line in order to nullify the bullish setup. Buyers are likely to jump in when the pair falls to $175. The Solana could remain in the $155 to $200 range for some time.

Dogecoin price prediction

DogecoinDOGEFor a few weeks, has traded in between moving averages.

Bears have a small advantage due to the 20-day EMA’s downward slope ($0.21), and the RSI at the midpoint. If the price closes below $0.21, the edge shifts to the bears. The DOGE/USDT may drop as low as $0.19 and bring the $0.14 to $0,29 range to play.

Dogecoin will only gain in strength if the price is raised above its 50-day SMA ($0.22) This pair could then head towards $0.26.

Cardano price prediction

Cardano was pushed as a product by some buyersADA) above the 20-day EMA ($0.84) on Friday, but the bears held their ground.

Support is at $0.80. If the level fails, then the ADA/USDT may fall towards the support line in the descending-channel pattern. The 20-day EMA is expected to sell off a bounce from the support line. The likelihood that the price will break through the support line is increased if this happens. Cardano’s price could then drop to $0.68.

A close above the 20 day EMA indicates that selling pressure has decreased. It is possible that the pair will reach its downtrend line. To signal a move up to $1.02, buyers will need to break through the downward trend line.

Related: Bitcoin price ignores major US payrolls miss to erase $113.4K surge

Chainlink price prediction

ChainlinkLINK) turned down from the 20-day EMA ($23.24) on Thursday, signaling that the bears are aggressively defending the level.

Sellers are likely to try and pull the price down to the SMA 50 days ($21.19), as this will act as a solid support. The bears will lose their hold if the price breaks through $24.10 and rebounds from the 50-day SMA. LINK/USDT may climb up to $26 then to $28.

This assumption is incorrect. A break and close under the 50-day SMA can bring the Chainlink to its upward trend line.

Hyperliquid price prediction

On Friday, Hyperliquid (HYPE), bounced from the 20-day EMA of $44.78. This indicates that the bulls are buying in large quantities.

If buyers keep the price at $46.50 or higher, the pair HYPE/USDT could rise to the resistance area of $49.88 – $51.19 above. It is expected that sellers will defend this resistance zone as hard as they can because closing above it would complete a bullish ascending triangular pattern. Hyperliquid’s price could then rise to the target pattern of $64.25.

In the short term, this positive outlook will be nullified if price drops and the trend line is broken. The pair might fall as low as $40 before settling at $35.51.

Sui price prediction

Sui (SUI) turned down from the 20-day EMA ($3.43) on Thursday, but the bulls are trying to form a support at $3.26.

Sui will attempt to push its price higher than the 20-day EMA. The SUI/USDT could reach the 50-day SMA (3.64) if they succeed. It is important to keep an eye on this level because, if the pair breaks above the 50 day SMA, the price could continue moving between $3.26 to $4.44.

Bears need to drag price lower than $3.11 in order to win. This pair could then drop to $2.80.

This article contains no investment recommendations or advice. Risk is inherent in every investment decision and trade. The reader should always do research prior to making any kind of decision.