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Home»Bitcoin»BTC, ETH and XRP are all available in BNB.

BTC, ETH and XRP are all available in BNB.

Bitcoin By Gavin02/05/2025
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1711467483 Analyst Warns Of Bitcoin Pre Halving Retrace Echoing Troubling 2020 Trend
1711467483 Analyst Warns Of Bitcoin Pre Halving Retrace Echoing Troubling 2020 Trend
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The following are key points.

  • Bitcoin is heading towards $100,000. Can bears afford to sell bitcoin at this level?

  • Altcoins have risen above their respective levels of support, indicating that a rally in altcoins is on the horizon.

Bitcoin’s (BTC( tight consolidation was resolved to the advantage of the bulls by a breakthrough above $95,000 on 1 May. The bulls want to take the price above the $100,000 psychologically critical level, where we may see a fierce battle again between the bulls versus the bears. 

Peter Brandt, a veteran trader who has been trading for over 30 years, sounded optimistic when he stated in a post to X on the potential of Bitcoin. rally to the $125,000 to $150,000 range By August 2025, if the slope is able to be restored. Brandt warned that the rally may be followed by an abrupt correction greater than 50%.

Daily crypto market view Source: Coin360

Glassnode warns of long-term Bitcoin holders as Bitcoin approaches the 100,000 milestone. may be tempted to book profits. In its newsletter, the firm stated that LTHs book profit when their margins reach 350%. This level is reached at $9,900. To continue this upward trend, a significant amount of pressure from the buy-side is required to counter the selling.

Bitcoin’s price could rise to $100,000, causing other altcoins to follow suit. Find out by analyzing the charts for the 10 most popular cryptocurrencies.

Bitcoin price prediction

Bitcoins’ break above $95,000 is a positive for buyers. However, the bears will not give in easily.

BTC/USDT chart. Source: Cointelegraph/TradingView

Sellers may try to bring the price down below $95,000 in order to trap the bulls. The BTC/USDT could reach the 20-day moving exponential average (91,391) if they are successful. A solid bounce of the 20 day EMA is a sign that bullish sentiment continues. It increases the chances of a breakout above $100,000. This pair could then hit $107,000.

In the short-term, this optimistic outlook will be nullified if the price drops and falls below the EMA of 20 days. This pair could then fall to the simple 50-day moving average of $86.236, which is a significant drop.

Price prediction for Ether

Ether () successfully defended by buyersETH) drop to the 20-day EMA ($1,757) on April 30, signaling demand at lower levels.

Daily chart of the ETH/USDT pair. Source: Cointelegraph/TradingView

The 20-day EMA is gradually ascending and the RSI, which is in positive territory, indicate a slight bullish edge. The ETH/USDT could reach the $2,111 breakdown level if the price remains above $1,857. It is possible to cross the $1,957 minor resistance.

In the short term, this positive outlook will be invalidated if prices fall and the averages are below. This could bring the pair to $1,537 and attract buyers.

XRP price prediction

Bulls are still holding XRP.XRPThe bounce is weak, even though it’s above moving averages.

Chart of XRP/USDT for the day. Source: Cointelegraph/TradingView

The 20-day EMA is in a flattening pattern ($2.17). RSI, just above midpoint does not provide a clear edge to bulls or bears. A break above and a close over the resistance will give buyers control. The path is now clear for an uptrend to $3.

In contrast, a breakdown and close beneath the moving averages can sink the XRP/USDT pairing to $2. It is important to watch this level because breaking below it could push the pair down to $1.61.

BNB price prediction

BNBBNB() has witnessed a battle of the moving averages between the bulls vs. the bears.

BNB/USDT Daily Chart Source: Cointelegraph/TradingView

BNB/USDT may fall below moving averages if price remains low. It could reach $576 then $566. The $566 mark is expected to be vigorously defended by buyers, as a breach below this level could send the BNB/USDT pair down to $520.

Bulls must push the price over $620 in order to show strength. It is possible that the pair will rise up to $644. This would likely act as strong resistance. The pair may surge up to $680 if buyers push through.

Solana price prediction

Solana (SOL( ) is still facing selling pressure at $153, but it’s a good sign that bulls are not giving up much to bears.

SOL/USDT Daily Chart Source: Cointelegraph/TradingView

The 20-day EMA is upsloping ($142), and the RSI (positive zone) indicates that there will be little resistance to the upward movement. If buyers continue to push above the $153 mark, the SOL/USDT pairing could rise as high as $180.

In contrast to this, if price falls sharply below the 20 day EMA and then breaks down, that suggests short-term bears have booked profits. This pair may then fall to the 50 day SMA ($132).

Dogecoin price prediction

DogecoinDOGE() bounced off moving averages May 1st, showing that bulls were trying to maintain the price within the upper half the range.

Chart for DOGE/USDT. Source: Cointelegraph/TradingView

Bulls are likely to try to drive the price up to $0.21. This is an important near-term support level. When buyers breach the $0.21 resistance level, DOGE/USDT completes a pattern of a double-bottom. The pair could then move up to $0.25 before reaching the $0.28 pattern goal.

A break below the moving-averages and a close under it opens up the possibility of a drop to support at $0.14. It is likely that buyers will defend the level of $0.14 with their lives because breaking below may bring the pair as low as $0.10.

Cardano price prediction

Cardano prices dropped as the average moving price fell (ADA(), but the inability to continue the recovery suggests a low level of demand.

Daily chart of ADA/USDT Source: Cointelegraph/TradingView

The buyers must push the price over the resistance of $0.75 to win. The ADA/USDT could reach $0.83 if they succeed. Sellers may try to stop this upward trend at $0.83 but, if bulls succeed, the pair can reach $1.

A break-through and close beneath the moving averages will tilt the short term advantage to the bears. It is possible that the pair will drop to $0.58 where buyers should step in. 

Related: Moon soon? XRP’s strongest spot premium aligns with 70% rally setup

Sui price prediction

Buyers pushed Sui (SUI(May 1), but the large wick of the candlestick indicates that the bears will aggressively defend the level.

Chart of the SUI/USDT for today. Source: Cointelegraph/TradingView

First, the 20-day EMA ($3.01) and then $3.27 are the first two support levels on the downside. The bulls would try again to take the SUI/USDT price above $3.90 if it bounces strongly off of the 20-day EMA. The pair may then rise to $4.25 or even $5 if they succeed.

If the price falls below the 20 day EMA it indicates that bulls are giving up. This pair could fall towards the strong support of $2.86. The pair could form a range if the price bounces off of the $2.86 level.

Chainlink price prediction

ChainlinkLINK( ) rose from moving averages at the beginning of May, showing that sentiment remains positive.

Source: Cointelegraph/TradingView Source: Cointelegraph/TradingView

The buyers will attempt to raise the price over the overhead $16 resistance, and they’ll also challenge the resistance of the pattern of a descending channel. Expect sellers to vigorously defend the resistance because it could indicate a trend change if they break through and close above this line.

It is a sign to sell on rallies if the price breaks down below the moving averages and turns downwards from overhead resistance. The LINK/USDT could drop as low as $11.68, extending it stay in the channel.

Avalanche price prediction

Avalanche (AVAX) bounced off the 20-day EMA ($20.89) on May 1, indicating that the bulls are buying on dips.  

Chart for AVAX/USDT. Source: Cointelegraph/TradingView

They will attempt to push the price over the $23.50 resistance. They will then complete the double-bottom pattern for AVAX/USDT. The pair may then move upwards to $28.78. Later, it could reach the target pattern price of $31.73.

Watch out for the moving averages. The price turning down and breaking below the 50 day SMA (19.79) will indicate that range bound action could continue for several more days.

The article is not intended to provide investment advice. Each investment or trading decision involves some risk. Readers should do their own research before making any decisions.