Bitcoin Has Reached a New All-Time Record, Could ETH Be Next?

The following are key points.

• The price of Bitcoin reached a record high in the last few days, thanks to the strong buying by Bitcoin ETFs. Buyers are now trying to continue the trend on Monday.

• Altcoins have shown strength, and they are trying to overcome their resistance.

BitcoinBTC( ) fell back slightly after reaching a record high of $125.708 in the early hours of Sunday. However, the bulls were not able to give up much ground. This shows that the bulls do not want to rush out as they expect the rally will continue. Bulls have once again driven the price up to an all-time record on Monday. 

Recent rally was backed up by strong buying of spot BTC ETFs, which recorded $3.24 billion in inflows last week. According to SoSoValue, this was the second best week for inflows of BTC ETFs. It fell just short of the $3.38 Billion record inflows of the week ended Nov. 22nd, 2024.

Wall Street’s top banks to expect a rise in interest rates BTC to extend its rally The correlation between gold and BTC-ETF inflows will likely boost the price of BTC by the year’s end. Citigroup expects a modest target for the year end of $133,000 but Standard Chartered analyst’s predict BTC will soar up to $200,000.  

BTC is on a steady upward trajectory. Will it continue to rise or experience a dip in the short term? Where are altcoins positioned? 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, a breakdown and close under the 20-day moving exponential average (6.637) is a sign of weakness. In that case, the index may fall to its 50-day moving average (6.503). It is expected that buyers will defend the 50 day SMA because breaking below it can start a further correction.

If, on the other hand, buyers keep the price higher than the moving averages it indicates that positive sentiment is still intact. It may attempt to rally up until the psychologically important level of 7,001.

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.

Buyers will attempt again to drive the index past the overhead resistance if it remains above the moving-averages. The index may surge up to 100.50 if they are successful. 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 102 level.

This zone, between 97.21-96.21 will act as strong support for any possible dip. To signal a resumption in the downtrend, the bears must pull the price under the support of 96.21.

Bitcoin price prediction

On Monday, the bears failed to hold the price at the $124.474 breakout level, despite selling the rally on Sunday to $125.708.

The bears will be active at higher prices 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. The pair will trigger a double-top bearish pattern if it falls below the $107,000 mark.

Price prediction for Ether

EtherETH() broke through the resistance level on Monday. This indicates that buyers are trying to take control.

Close above resistance lines signals the end of the correction phase. Ether could rise to $4 769, and then $4 957. Ether sellers will defend $4,957 vigorously. However, buyers may prevail and the Ether rate could rise to $5 500.

The aggressive bulls may be trapped if price falls sharply below the 20 day EMA (4,375). 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 price closes above this line, then it invalidates the triangle. This could lead to a price spike, pushing XRP to $3.40 then $3.66.

If the pair XRP/USDT is able to stay in the triangle for some time, then it may be a good idea to wait until the price breaks down below the moving-averages.

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 upwards to an all-time record high.

BNB/USDT may rally up to $1252, but the bears could pose a serious challenge. If buyers manage to break through the $1252 resistance level, then the upward trend could continue up to $1394.

They have a tough task in front of them. On the downside, $1.134 is the first level of support and the next one would be the 20 day EMA ($1,052). BNB must be pushed below the 20 day EMA by sellers to indicate a return. It is possible that the pair will then fall to the 50-day SMA (941).

Solana price prediction

Sellers attempted to pull Solana.SOL) below the 20-day EMA ($222) on Saturday, but the bulls held their ground.

Buyers are favored by the upward-sloping moving averages and an RSI that is in positive territory. This increases the probability of breaking above the resistance level $237. The SOL/USDT could then climb up to the $260 overhead resistance.

This optimistic view may be compromised in the short-term if prices drop sharply, and the SMA 50 day ($214) is broken. 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 20 day EMA started turning up and the RSI rose into the positive zone, signaling a small edge for bulls. If the price moves above $0.27 then the DOGE/USDT can ascend towards the $0.29 to 0.31 resistance area. The sellers are likely to defend this resistance zone fiercely because breaking above could push the Dogecoin to $0.39.

Watch out for the upward trend line in the short-term, because a breach below that indicates the bulls’ grip is slipping. This pair could then stay within the huge range of $0.14 to $0,29 for a little while.

Cardano price prediction

Cardano (ADAOn Thursday, ) closed above 50-day SMA (0.85) but bulls couldn’t clear the obstacle at the resistance line.

Bulls are showing positive signs by not allowing the price to drop below the 20-day EMA of $0.84. It suggests that there is strong demand even at the lower levels. Bulls have again attempted to push price above 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 may extend the time it stays in its descending triangle pattern.

Hyperliquid price prediction

A relief rally by Hyperliquid (HYPE) is being held back at the Fibonacci Retracement Level of $51.87. This indicates that it’s time to sell on rallies.

Price is trying to stay below moving averages. They could take the pair HYPE/USDT down to 43 dollars 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. It is possible that the pair will then surge to $55.18, and subsequently hit its all-time highest of $59.41.

The article is not intended to provide investment advice. Risk is inherent in every investment decision and trade. The reader should always do research prior to making a final decision.