The following are key points.
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Bitcoin bulls try to maintain the price at or above $107,000. However, the bears continue to put pressure on the market.
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It appears that most altcoins’ recovery has vanished, and the bears will continue to buy on small rallies.
Bitcoin has been able to stay in the hands of buyers (BTC(above the important $107,000 support, but the absence of a strong rebound indicates that the bears maintained their pressure. Short-term uncertainties have divided analysts over BTC’s direction.
Standard Chartered’s Global Head of Digital Assets Research, Geoff Kendrick has told Cointelegraph BTC will continue to grow. hit $200,000 by the end of 2025. Kendrick thinks that investors will see the recent drop in BTC as an opportunity to buy, which would propel it higher.
Brandt told Cointelegraph that BTC is forming a broadening top chart pattern. Brandt, a veteran trader at Cointelegraph, said that BTC’s chart is showing a widening pattern. “famous for tops,” Could you? pull the price down to about $60,000.
What are critical levels of support to keep an eye on in BTC, and other major altcoins. We’ll find out by analyzing the charts for the 10 most popular cryptocurrencies.
Bitcoin price prediction
BTC rose sharply Tuesday, but bears stopped the recovery at the simple 50-day moving average ($114.137).
Sellers are going to try and strengthen their positions by lowering the Bitcoin value below $107,000. The risk that the $100,000 psychological level will be eroded increases if they are successful. It is expected that buyers will defend $100,000 with their all because failure could trigger a downward trend.
A break above $116,000 will signal strength. The BTC/USDT pairing could continue to trade within the $107,000 – $126199 range.
Price prediction for Ether
EtherETHThe 20-day moving exponential average (4,062) turned downwards on Tuesday. This indicates that bears will sell on small rallies.
Bears will attempt to bring the Ether down below the support of the channel. The selling may increase and the pair ETH/USDT could drop to $3350 if they succeed.
To suggest the pair will remain within the channel, buyers must drive the price higher than the moving averages. Bulls gain control when the price closes above the resistance level.
BNB price prediction
BNBBNBSince Friday, the price of has traded between moving averages. This indicates a fierce battle between bulls and bears.
A 20-day EMA that is downsloping ($1,122), and an RSI reading in negative territory, indicate a slight advantage for the bears. If the price closes below the SMA of 50 days ($1,041), a new downward trend to $932 is likely.
A close above the EMA of 20 days indicates the bulls are in control. This opens up the possibility of a rally towards the Fibonacci 50% retracement at $1,198.
XRP price prediction
XRP’s (XRP) bounce off the $2.30 support fizzled out at the 20-day EMA ($2.55) on Tuesday, indicating a negative sentiment.
Bears are going to try and build on their current advantage by taking the price of XRP below $2.19. The XRP/USDT may fall to $2.06, and then to $1.90 if they are successful.
To signal a return, buyers will need to quickly drive the price over the 20-day EMA. It is possible that the pair will then rise to the 50 day SMA ($2.79), and later the downward trend line. The end of the correction phase is indicated by a close above the trendline. Pairs may rise to $3.38.
Solana price prediction
Solana (SOL) turned down from the 20-day EMA ($198) on Tuesday, indicating that the bears are attempting to retain control.
SOL/USDT may slide down to the support of the pattern’s descending channel, and buyers should step in. To suggest the pair will remain in the channel, the bulls need to push the Solana Price above the 20-day EMA. If the price closes above resistance, a new upward move may begin.
It is likely that sellers have plans of their own. The sellers will attempt to lower the price under the line of support. They could take the price down to $145 and then $155 if they succeed.
Dogecoin price prediction
DogecoinDOGE) failed to rise above the 20-day EMA ($0.21), indicating that the bears are selling on minor rallies.
Dogecoin’s price may drop to just $0.18. This is an important support level to be aware of. If the DOGE/USDT is pulled below $0.18 by bears, then the next target will be $0.16 or even $0.14.
This assumption is incorrect. If the price rises sharply, and the EMA 20 day breaks, this indicates that selling pressure has decreased. It is possible that the pair will climb towards the 50-day SMA of $0.23 and eventually to the $0.29 overhead resistance.
Cardano price prediction
Cardano’s (ADA) recovery attempt could not even reach the 20-day EMA ($0.70), indicating a lack of demand at higher levels.
If they succeed, the ADA/USDT pair could plummet to the critical support at $0.50. They could succeed in bringing the ADA/USDT to the crucial support of $0.50. The $0.50 support level is expected to be defended with all the force of the buyers, as a break below this mark will open the way for a drop to $0.40.
In the short term, this negative outlook will be nullified if price rises and surpasses the $0.75 breakdown level. This pair could then reach the downward trend line.
Related: BNB price analysis: Here’s why bulls must hold $1K
Hyperliquid price prediction
The Hyperliquid (HYPE), which is the liquid that appears at the neckline in the Head-and-Shoulders pattern, has been turned downwards. This indicates the control of the bears.
The 20-day EMA is downsloping ($40.09), while the RSI has entered the negative zone, increasing the probability of further decline. The support level is $33.28, however, if it cracks the HYPE/USDT pairs could drop to $30.50 then $28.
Bulls must drive the Hyperliquid above the neckline and keep it there to indicate that selling pressure has decreased. The pair might rally towards the 50-day SMA (46.42 USD) and eventually to $51.
Chainlink price prediction
ChainlinkLINK) dipped near the support line of the descending channel pattern after buyers failed to push the price above the 20-day EMA ($19.02).
Sellers may try to lower the price under the line of support and test the level $15.43 again. Retesting a level of support repeatedly tends to make it weaker. Chainlink’s price could fall to as low as $12.73 if the $15.43 support level fails.
To indicate strength, the bulls need to maintain and push price higher than the 20-day EMA. The LINK/USDT could rally up to the resistance level, and the bears will likely sell.
Stellar price prediction
Stellar was slowed down by the bears.XLM) relief rally near the 20-day EMA ($0.34) on Tuesday, indicating a negative sentiment.
The XLM/USDT pairing is vulnerable to falling as low as $0.29. It’s a support that needs to be watched. The Stellar price could fall to $0.25 if the $0.29 resistance is broken.
The price must be maintained above the breakout level of $0.34 in order for buyers to indicate strength. It is possible that the pair will rise up to the downward trend line where bears could pose a serious challenge. Close above the downward trend line indicates a possible change in direction.
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Source: cointelegraph.com
