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Home»Altcoins»BTC and ETH are chasing new highs, proving that altseason is here.

BTC and ETH are chasing new highs, proving that altseason is here.

Altcoins By Gavin12/06/2025
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Whale Spends $24,700,000 on Ethereum Altcoins After SEC Approves Listing
Whale Spends $24,700,000 on Ethereum Altcoins After SEC Approves Listing
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The following are key points.

  • Bitcoin’s chances of reaching new highs increase as bulls demonstrate a clear intention to defend the $109,000-level.

  • ETH and HYPE lead the charge of altcoins.

BitcoinBTCThe price of ) is holding at around $110,000, only a few dollars short of its all-time record high of $111980.0 This suggests that the bulls have been holding onto their positions, anticipating another upward leg. It is possible that they are waiting for another leg to rise. bullish sentiment received a boost From a Truth Social post by US President Donald Trump, who said that the United States has reached a deal with China pending the final approval of the heads of states.

Bitwise researchers André Dragosch and Ayush Tripathi said in a recent report that Bitcoin could reach its estimated “fair value” You can also find out more about the following: $230,000 by the end of the year. Bitcoin analysts say that the cryptocurrency will be a beneficiary of “both fiscal instability and improving market sentiment.”

Daily crypto market view Source: Coin360

But not all believe that Bitcoin’s price will rise in the next few months. Brian Quinlivan, Santiment’s analyst told Cointelegraph Bitcoin will not see a surge in price above its all-time highest as the social media has been buzzing with anticipation. markets generally move opposite to retail expectations.

Bitcoin bulls could push price to $111,980 and pull altcoins upwards. We’ll find out by looking at the charts of 10 top cryptocurrencies.

Bitcoin price prediction

Bitcoin rocketed over the resistance of $109 588 on Monday. However, the bulls have struggled to hold the higher levels.

BTC/USDT Daily Chart Source: Cointelegraph/TradingView

If the pullback is shallow, it increases the chances of breaking above $111980. In that case, BTC/USDT would complete a bullish, inverted head and shoulders pattern. The target is $146.892.

If, however, the price drops below $108,000 then the pair could fall as low as the 20-day moving exponential average ($106 313). The bulls need to hold this important level, as a breach below may send the pair down to the 50 day simple moving average (102,709) before hitting the psychologically-important $100,000.

Prediction of Ether prices

EtherETH() closed at $2,738 on 10 June indicating the bulls were trying to seize control.

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

The 20-day EMA (2,584) is starting to rise, while the RSI has reached the zone of overboughtness, indicating that buyers are in control. Bears will not give up so easily, and they’ll try to bring the price down below $2.738. The ETH/USDT could fall to the 20-day EMA (2,584) if they succeed.

The pair may skyrocket up to $3,153 if the price rebounds with force off the 20 day EMA. The $3,000 level is a resistance, which may not be overcome. The short-term optimism will disappear if prices drop and break below the 20 day EMA. This suggests that the break above $2,738 was a false breakout.

XRP price prediction

It is a cryptocurrency that allows you to buy and sell XRP.XRPThe bulls struggle to keep the levels higher.

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

The RSI and flattish moving-averages just above the middle point suggest that the XRP/USDT pairs could stay range bound for a few days between $2.65 and $2.65. If the price drops below the moving averages the pair might fall as low as $2. A break above the $2.36 mark clears the way for a rise to $2.65.

Breaking and closing above $2.65 marks the beginning of a new upward movement towards $3. A break under $2, on the other hand opens the door to a drop down to $1.61.

BNB price prediction

BNBBNB) rose above the 20-day EMA ($659) on Monday, and the bulls are trying to push the price toward the $693 resistance.

BNB/USDT chart for the day. Source: Cointelegraph/TradingView

Near-term, the flattish 20 day EMA and RSI above the midpoint indicate a range bound action. BNB/USDT could stay in the range of $634-$693 for some time.

If the bulls break the resistance at $693 and then close the gap, it means they have beaten the bears. Pair could rise to $732, and then to $761. A break below $634 will shift the trend in favor of the bears.

Solana price prediction

Solana (SOLOn Monday, ) broke over the moving averages and suggested a price range of between $140-$185.

SOL/USDT Daily Chart Source: Cointelegraph/TradingView

The bulls are slightly favored by the 20-day EMA, which has a flat line ($160), as well as the RSI at the midpoint. SOL/USDT is expected to reach $185 before the bears start selling aggressively. The pair could extend range bound action for several more days if the price drops sharply after $185.

If the pair breaks above or below $140, then the next trending movement could start. The pair may rally from $185 to $210, and eventually to $220 if the level is scaled.

Dogecoin price prediction

DogecoinDOGESince several days, the price has been holding steady between $0.14-$0.26, indicating that buyers should buy close to resistance and sellers should sell near support.

Chart for DOGE/USDT. Source: Cointelegraph/TradingView

The RSI at the midpoint and the flattish 20 day EMA ($0.19) do not provide a clear edge to either the bulls nor the bears. If price stays above moving averages the pair DOGE/USDT may rally up to $0.26. A sharp break from moving averages can pull the DOGE/USDT pair to $0.16.

The price will need to rise above $0.26 to begin a new upward movement towards $0.38.

Cardano price prediction

Cardano (ADA) rose above the 20-day EMA ($0.70) on Monday, and the bulls are trying to strengthen their position by pushing the price above the 50-day SMA ($0.72). The next target could be the downward trend line if they succeed.

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

The bears won’t give up easy and will likely mount a solid defense along the downtrendline. If the price falls sharply, it may be possible to find support for the ADA/USDT at the 20 day EMA. The possibility of breaking above the downward trend line will increase if that occurs. This pair could then move up to $1.03.

It is more likely that the bears will be at work if they are able to break below the 20-day EMA. The pair may stay within the $0.60 level and downtrend for a couple of days.

Related: SOL price toward $300 next? Solana ETF approval chances jump to 91%

Hyperliquid price prediction

On Monday, Hyperliquid (HYPE), broke through and closed over the triangle pattern symmetrical. This indicates the return of an uptrend.

HYPE/USDT chart for today. Source: Cointelegraph/TradingView

The bulls have lifted the price over the $42.25 overhead resistance, clearing the way to a rally towards the $46.50 pattern target and then $50.

The bulls should be able to defend this zone, which is between $42.25 – $40. The price rebounding off of the zone indicates that minor dips are being bought. The uptrend is intact if the price bounces off of support. A close below 40 will signal weakness. This could push the HYPE/USDT to the 20 day EMA (35.21).

Sui price prediction

Sui (SUI) pierced the 20-day EMA ($3.40) on Monday, and the bulls are trying to drive the price above the 50-day SMA ($3.55) on June 11.

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

SUI/USDT may rise as high as $3.75 or even $4.25. The sellers are likely to defend $4.25 with vigor. If the price falls sharply, it may cause the pair to form a range that swings between $2.86 and $3.25.

A break below or above $2.86 could be the trigger for the next trending action. The price movement is expected to remain random and volatile until that time.

Chainlink price prediction

ChainlinkLINKOn Tuesday, ), soared over the resistance line for the descending-channel pattern and moving averages to signal that the bears have lost their grip.

Chart of USDT/LINK. Source: Cointelegraph/TradingView

If price stays above breakout level the LINK/USDT can gain momentum to rally up to $18. The sellers will defend the $18 mark, but the pair can surge up to $20 if bulls win.

The positive assessment will be nullified if price breaks down and returns to the support level of $13.20. This suggests the market has rejected the breakout. This pair could then drop to $10.

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 their final choice.