Key points:
-
Bitcoin is negotiated in a tight range, indicating a possible escape in the coming days.
-
Buyers did not give in to the Bears of the ether, suggesting the continuation of the rally.
Bitcoin (BTC) was stuck in a tight range between $ 112,000 and $ 115,720 in recent days, indicating the indecision between bulls and bears concerning the following directional movement.
The weakness of the BTC and the fall in most Altcoins suggest that Bitfinex analysts have declared analysts in a market report. Analysts expect the cryptocurrency markets entering a period of consolidation, but added that new macro triggers or increased entrances in negotiated funds in exchange for crypto could decide on the management of the next.
BTC’s short-term price action does not indicate confidence in certain analysts, but the co-founder and president of Bitmine Tom Lee, co-founder and president of Bitmin, remains optimistic. While speaking on the Podcast Coin Stories, Lee said that BTC could increase to $ 200,000, or even $ 250,000 by the end of the year.
Could BTC get out of its tight range? Will Altcoins follow BTC above? Let’s analyze the graphics of the 10 best cryptocurrencies to discover it.
Bitcoin price prediction
Tuesday, BTC rebounded on the simple 50 -day mobile average ($ 112,619), indicating that the bulls vigorously defend the level.
The rescue rally is expected to cope with the 20 -day SMA sale ($ 116,804), which is sloping. If this happens, the BTC / USDT pair could be tight between mobile averages for a while.
Buyers will gain the upper hand if they drive and maintain the price above the 20-day SMA. If they can withdraw it, the pair could question the resistance to general costs of $ 120,000, then the highest of all time of $ 123,218.
Conversely, a break below the 50 -day SMA opens the doors for a fall at $ 105,000, then to $ 100,000. There is support for $ 110,530, but it is probably broken.
Ether price prediction
Buyers pushed Ether (ETH) above the 20-day SMA ($ 3,675) on Monday but could not erase the obstacle to $ 3,745.
However, a minor positive is that the Bulls have not given up a lot of ground to the bears. This suggests that bulls keep their positions because they anticipate another movement higher. If the level of $ 3,745 is crossed, the ETH / USDT pair could drop to $ 3,941 and finally to $ 4,094.
This positive view will be invalidated in the short term if the price drops and dives below the Fibonacci retracement level of 61.8% of $ 3,300. This opens the doors for a 50 -day SMA fall ($ 3,058).
XRP price prediction
XRP (XRP) came compared to SMA of 50 days ($ 2.69) on Sunday, but faces the sale near the 20 -day SMA ($ 3.16).
This suggests that the bulls buy decreases and that the bears sell rallies. This could keep the XRP / USDT pair stuck between the mobile averages for a while.
Buyers will have to generate the price above the 20-day SMA to point out that the corrective phase can be completed. The pair could reach $ 3.33 and finally at $ 3.66.
Alternatively, a drop below the 50 -day SMA indicates that the bulls lose their grip. The pair can then increase to $ 2.40.
Price prediction BNB
BNB’s rescue rally (BNB) faces the 20 -day SMA sale ($ 774), but a positive sign is that the Bulls have maintained the pressure.
If the price exceeds 20 -day SMA, the BNB / USDT pair could climb to $ 794. Sellers will try again to stop the UP movement at $ 794, but if the Bulls prevail, the pair could come together at $ 815, then at $ 861.
On the contrary, if the price drops sharply compared to the 20 -day SMA, this suggests that bears fiercely defend the level. This increases the risk of a break below $ 732 support. If this happens, the pair can take place in SMA of 50 days ($ 706).
Solana price prediction
Solana (soil) again fell in SMA of 50 days ($ 162), indicating that the emergency gatherings are sold.
Flatted mobile averages and the RSI just below the median point do not give a clear advantage or to the Bulls or the Bears. If the price bounces from 50 days SMA with force, the ground / USDT pair could reach the 20 -day SMA ($ 178).
The short -term advantage will incline in favor of Bulls if the price exceeds $ 185. This opens the doors to the crucial resistance of general costs at $ 209. Lowering, a break below $ 155 could run the pair at $ 144, then at $ 137.
Dogecoin price prediction
Buyers have managed to defend the 50-day SMA ($ 0.19) but have trouble pushing Dogecoin (DOGE) above the resistance of $ 0.21.
The two mobile averages have flattened and the RSI is just below the median point, signaling an action linked to the beach in the short term.
If the price presents and exceeds $ 0.21, the Doge / USDT pair could climb to the 20 -day SMA ($ 0.22). Sellers should defend the 20 -day SMA, keeping the pair between the mobile averages for a while.
In relation: Bitcoin supply shock to “ union ” btc price while the OTC offices are dry
Doge Price could drop to $ 0.17 and subsequently in solid support at $ 0.14 if the Bulls do not defend the SMA of 50 days.
Cardano price prediction
Cardano (ADA) rebounded on the 50 -day SMA ($ 0.68) on Sunday, but the rescue rally is faced with a sale at $ 0.76.
The flatty mobile averages and the RSI just below the median point suggest an action linked to the beach in the short term. The ADA / USDT pair could swing between mobile averages for the next few days.
The sellers will gain the upper hand if they flow the price below the SMA of 50 days. If they manage to do so, the ADA price could dive around $ 0.56. On the contrary, an increase above the 20-day SMA ($ 0.79) could push the price of Cardano to $ 0.86.
Hyperliquid price prediction
The hyperliquidal (hype) rescue rally (hype) of $ 35.51 died near the SMA of 50 days ($ 40.99), which indicates that the feeling has become down and that traders sell on gatherings.
The mobile averages are on the verge of a lower crossover, and the RSI is on the negative territory, indicating that the bears are trying to take control. If the price unscrewed below $ 35.50, the media / USDT threshing pair could drop to $ 32.
On any rebound, the sellers should defend the area between the 50 -day SMA and the channel support line. Buyers will have to postpone the price of media threshing in the channel to suggest that the corrective phase can be completed.
Stellar price prediction
Stellar (XLM) fell 20 -day SMA ($ 0.42) on Monday, indicating that bears sell rallies.
The XLM / USDT pair could switch to SMA of 50 days ($ 0.34), which is likely to attract buyers. A 50 -day SMA rebound could keep the pair stuck between the mobile averages for a while.
The next trend decision should start a break over the 20-day SMA or below the 50-day SMA. A rally above the 20-day SMA indicates that the correction can be completed, while a slide below the 50-day SMA could sink the XLM price at $ 0.29.
SUD price prediction
SUP (SUI) fell 50 days SMA ($ 3.32), indicating that the bears maintained the pressure.
The 20 -day SMA ($ 3.75) started to decrease, and the RSI is below level 45, which indicates that the bears have a light edge. Sellers should defend the 20 -day SMA on any rebound. If the price drop in SMA of 20 days, the possibility of a break below the 50 -day SMA increases. The SUI / USDT pair could then fall to $ 2.87 and later to $ 2.65.
Buyers will have to generate the price above the 20-day SMA to avoid the drawback. If they do, Suis Price could start a rescue rally at $ 4 and finally resistance to general costs at $ 4.30.
This article does not contain investment advice or recommendations. Each investment and negotiation movement involves risks and readers should conduct their own research when they make a decision.