Important points
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Bitcoin fell under the $100,000 level on Sunday. A rebound may depend on what US stock futures do.
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Bitcoin’s decline has pushed ETH, XRP SOL and HYPE to their respective support level.
BitcoinBTCAs traders digested US strikes on Iran’s nuclear facilities, ) fell below the psychological $100k support level on Sunday. Cas abbe, a well-known trader who is active on X, said in a recent post that Bitcoin could drop toward the $93,000 to $94,000 Before starting to reverse, you should first zone.
Bitcoin’s weaknesses has been spread to many major altcoins. entered a deeper correction Breaking the law below their respective support levels. The traders have taken the risk out of the equation.
Analysts remain positive about Bitcoin over the long-term. Raoul Pal of Real Vision stated in a new video that this crypto cycle is similar to what we saw in 2017. He anticipates the crypto cycle to extend into Q2 2026.
Will Bitcoin bears maintain control, or could bulls drive the price above $100,000? Are there buyers for certain altcoins at lower prices? We’ll find out by analyzing the charts.
Bitcoin price prediction
Bitcoin dropped below the simple 50-day moving median ($104,788) Friday. It also broke through the $100 support level on Sunday.
Moving averages and relative strength index are both in negative territory. This indicates that the bears have control. The selling may intensify if the price remains below $100,000. This could push the BTC/USDT to $93,000.
In order to avoid a drop in price, the buyers must push the prices above the exponential moving average of the last 20 days (104,616). If the price rises to the line of the downtrend, it will be difficult for bulls to overcome.
A close below $100,700 completed the bearish triangle pattern. Pattern target for the negative set-up is $89420 but bulls will not give up so easily.
The buyers will attempt to initiate a rally of relief, and could sell at $10,700, then the 20-EMA. The pair could deepen its correction if the price drops from the resistance overhead.
To start a real recovery, the bulls need to keep the price at or above the 50 SMA.
Prediction of Ether prices
EtherETH) turned down from the 20-day EMA ($2,487) and fell below the 50-day SMA ($2,481) on Friday.
On Saturday, the pair ETH/USDT broke through the $2.323 resistance. The price was pushed back up to the breakout level of $2323, however, renewed bearish selling has brought the pair close to the $2111 support. Bulls must defend the $2.111 support level because any break beneath it could bring the pair as low as $1.754.
The bulls would have to raise the pair’s price above the 20-day EMA if they want to indicate the end of the correction.
It is possible that the pair will find some support around $2,111. However, a strong sell-off at $2,323 could prevent a rebound. Bears may try again to lower the pair below the $2,111 level if price falls sharply after $2,323.
If the bulls defend successfully the $2.111 level in the future, then the pair might form a trading range. For a while, the pair could oscillate between $2,111 to $2,323. A close above the 50%-SMA could reduce selling pressure.
XRP price prediction
XRP’s (XRPOn Sunday, the range of $2 to $2.65 was resolved downwards. This indicates increased pressure on the sellers.
The pair XRP/USDT may fall as low as $1.61, if it continues to trade below the $2 level. The $1.61 support level is expected to be vigorously defended by buyers, as a breach below this could lead to a crash to $1.28.
To prevent a collapse, the bulls must quickly push the price above the $2 breakdown level. If the price rises to moving averages the bears will likely be a major challenge.
Bulls attempted to bounce from the $2 support but bears sold aggressively near the 20 EMA on the chart. Price turned downward and fell below $2, pushing the RSI to oversold territory. It suggests that an immediate relief rally may be in order.
Bears can sell the recoveries at the price of $2, or higher if the 20-EMA is above it. The pair is at risk of further decline if the price drops sharply after the resistance overhead. Close above the 50%-SMA is the first sign of a easing in the pressure on the sellers.
Related: Here’s what happened in crypto today
Solana price prediction
Solana (SOL) completed a bearish H&S pattern when the price closed below the $140 support on Saturday.
The bulls are likely to try and start a new recovery, but could be faced with selling pressure at the 20 day EMA ($148). SOL/USDT may plunge if price breaks below the 20-day EMA. The pair will then fall towards the support of $110, and ultimately to the target pattern at $93.
Alternatively, a close and break above the 20 day EMA suggest solid demand below current levels. The pair might rise towards the 50-day SMA, which will likely act as an obstacle.
In the short-term, the oversold RSI level indicates that the bears may be in control. However, the downsloping of the moving averages signals a strong bullish trend. If the price drops below $140, it could lead to a sell-off. Bears may try to continue their downward movement if price falls below $140.
To signal a return, buyers will need to maintain and push the price higher than the 50-SMA. The relief rally could reach $149 or $158.
Hyperliquid price prediction
The bulls have been rushing to make profits after failing to hold the price of Hyperliquid above $42.50.
Bulls have held on to the 50 day SMA ($32.26). However, the rebound has already been bought into. The possibility of breaking below the SMA is increased. The pair HYPE/USDT could drop to the $28.50 breakout level.
The buyers will likely have different plans. Buyers will likely have other plans. The pair may climb as high as $40 if they are successful.
The 4-hour chart shows both moving averages sloping downwards, while the RSI is negative. The 20-EMA is likely to act as a support. It is possible that the minor support level of $30.50 will be breached. If the pair falls to $28.50, it will likely find solid support.
First, a breakout and close above 20-EMA is a sign of strength. The bears’ grip is loosening. It is possible that the pair will ascend above its 50-SMA. That could attract more sellers.
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.
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Source: cointelegraph.com
