Bitcoin is set to chase new highs as Altcoins struggle

Basic Points:
-
Bitcoin faces sale near $ 108,000, but the likelihood of a rest above it remains high.
-
Many major altcoins remain in a range, but some show signs of destroying above their close levels of overhead resistance.
Bitcoin (Btc) faces sale only above $ 108,000, but a positive signing is that Bulls will not allow the price to dip below the $ 105,000 level. That suggests that the bulls hold their positions as they expect the move higher.
Analysts are bullish on Bitcoin’s prospects of hitting a new all-time high in the near term. Bitmex founder Arthur Hayes said in X that Avoid geopolitical intensification in the Middle East And the passage of stablecoin regulations in the United States can lead to bitcoin in a new high time.
Bullishness is not limited to Bitcoin; Select analysts expect ether (Eth) to sink into a new all-time high in this cycle. Something else Altcoins are likely to play catch-up. Alphractal and CEO founder Joao Wedson said in an X post that Bitcoin has been -outperforming Altcoins for the past 60 days, but it could have been “a great opportunity to accumulate altcoins while they were still caught.”
Can Bitcoin continue to sue it? Will the Altcoins follow? Let’s check the charts of the top 10 cryptocurrencies to find out.
Bitcoin’s price prediction
The Bitcoin’s rally rally faces sale near the downtrend line, indicating that the bears are trying to develop a lower high.
The 20-day exponential transfer of average ($ 105,561) gradually slipped, and the relative index index (RSI) was just above the midpoint, which signed that the bulls had one side. If consumers are driving the price above the downtrend line, the development of the lowering channel pattern is invalid. That can catapult the price on the neckline of the opposite head-and-shoulders pattern near $ 114,000. A break and near the top of the neckline will complete the bullish setup, with a target goal of $ 150,492.
Sellers are likely to have other plans. They will try to pull and maintain the price below the moving averages. If they do that, the BTC/USDT pair can expand its stay within the descending triangle for more time.
Price ether
Ether has clung to the 20-day EMA ($ 2,466) since Tuesday, signed that Bulls maintained their pressure.
If consumers overcome the barrier to the 50-day simple transfer of the average ($ 2,535), the ETH/USDT pair can climb to $ 2,738 to $ 2,879 resistance to the zone. Sellers are expected to defend the overhead zone, but if the buyers are emerging, the pair can be skyrocket for $ 3,437.
On the other hand, if the price drops dramatically from the 50-day SMA, it suggests that the higher levels attract sellers. A break below $ 2,323 opens doors for a fall at a breakout level of $ 2,111.
XRP price prediction
Buyers failed to push XRP (XRP) above the 50-day SMA ($ 2.26), indicating a lack of demand at a higher level.
Sellers will try to strengthen their position by pulling the price below the support of $ 2. If they manage that, the XRP/USDT pair can start a downward move towards the critical level at $ 1.61. Consumers will try to stop declining $ 1.61 as a break below can sink the pair to $ 1.28.
Bulls need to push the price above $ 2.34 resistance to signal that the pair can remain ranges between $ 2 and $ 2.65 longer.
BNB price prediction
Bnb (Bnb) turned away from the resistance line of the descending channel pattern on Wednesday, but the bulls did not give much land.
That suggests that the bulls are not in a hurry to get out of their positions. It enhances the prospects of a rest above the resistance line. If that happens, the BNB/USDT pair can rally at $ 675 and, after which, at $ 698.
The critical support to watch on the downside is $ 625. A break below $ 625 indicates that the pair can expand its stay inside the channel for a few hours. The pair can fall to $ 615 and then on the support line.
Solana’s price prediction
Solana (Sol) turned away from 20-day EMA ($ 146) on Thursday, but Bulls are trying to defend the level of $ 140.
If the price turns from $ 140 and breaks up above the 20-day EMA, it suggests that the bulls are trying to develop a higher low. It opens the doors for a rally at 50-day SMA ($ 159), carrying a $ 140 to $ 185 range.
Instead, if the price turns from the 20-day EMA and skids below $ 140, signal that the bear will remain command. The Sol/USDT pair can drop to $ 123 and follow solid support to $ 110.
Dogecoin’s price prediction
Dogecoin (Doge) faces sale in 20-day EMA ($ 0.17), but the bulls do not give much land to bear. That increases the likelihood of a break above the 20-day EMA.
If the 20-day EMA is taken, the DOGE/USDT pair can climb to 50-day SMA ($ 0.19). Sellers will try to defend the 50-day SMA, but the pair can advance to $ 0.26 if the Bulls prevail.
Instead, if the price drops from $ 0.21, it is suggested that the pair can remain under half the large range between $ 0.14 and $ 0.26. The pair could have fallen to $ 0.10 if the $ 0.14 support had fallen.
Cardano’s price prediction
Cardano (Ada) is faced with sale in 20-day EMA ($ 0.60), indicating that the bears remain controlled.
Sellers will try to pull the price below $ 0.50 support, but Bulls are expected to mow a strong level defense. The first sign of strength will be a rest and close to the top of the 20-day EMA. The ADA/USDT pair can climb to 50-day SMA ($ 0.69) and eventually to the downtrend line.
Alternatively, a nearby $ 0.50 will complete a pattern lowering triangle. The pair could refuse $ 0.40.
Related: Three signs that the XRP price is about to break after 4 -month integration
Hyperliquid price prediction
Hyperliquid (hype) witnessed a hard battle between bulls and bear close to 20-day EMA ($ 36.93).
The flat 20-day EMA and the RSI near the middle do not provide a clear advantage either to bulls or bears. Consumers will have to drive the price above $ 39.12 to get the upper hand. Hype/USDT pair can climb to $ 45.80.
This positive view is invalid in the near term if the price drops and breaks below the 50-day SMA ($ 33.92). The pair can drop to $ 30.69 support. Consumers are expected to defend the $ 30.69 level at all their strengths as a break below it completes an H&S pattern.
Bitcoin’s cash price prediction
Bitcoin Cash (Bch) rose above $ 500 resistance on Thursday, but Bulls could not maintain a higher level.
The repeated retest of a level of resistance tends to soften it. Consumers are trying again to clean the $ 500 drawback on Friday. If they manage to do that, the BCH/USDT pair can sink to $ 550.
In particular, if the price drops sharply from $ 500, it is suggested that the bears are aggressively defending the level. The pair can return to 20-day EMA ($ 457), likely to be attracted to consumers.
Chainlink price prediction
Chaainlink (Link) has faced a 20-day EME ($ 13.24) since Tuesday, but a positive sign is that the bulls have not given much land to bear.
The Bulls will try to challenge the resistance line, which is an important level to watch over the near term. If the price rises and maintains above the resistance line, it indicates a potential change in trend. The link/USDT pair can rally at $ 16 and later at $ 18.
Upside down, the sellers will try to earnestly defend the zone between the 20-day EMA and the resistance line. If the price drops sharply from the overhead zone, the pair may drop to $ 10.94.
This article does not contain investment advice or recommendations. Every transfer of investment and trading involves risk, and readers should conduct their own research when deciding.