Basic Points:
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Bitcoin incidence tightening has signed a possible expansion of range over the next few days.
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Choose altcoins that also face pressure sale, but stay above their close support levels.
Bitcoin (Btc) continues to sell at the level of $ 120,000, but the repetitive retest of a resistance level tends to soften it. If consumers do not get tired of the bears, it improves BTC prospects whipping a new all-time high at $ 123,218.
Fundstrat Research leader Tom Lee said in an interview with CNBC that BTC can sink to $ 200,000 to $ 250,000 In the next few months. At that price, Lee believes the BTC is appreciated by 25% of the size of the gold market.
Integration -BTC’s integration seems to have pushed Ether investors (Eth), which is higher charge. The funds exchanged by eth eth have recorded a 16-day flow of flowStrengthening the combined Net Inflows from $ 4.25 billion on July 2 to $ 9.33 billion on Friday.
Can the BTC be broken above the overhead resistance, or will it remain in a scope? Can Altcoins continue their strong running? Let’s check the charts of the top 10 cryptocurrencies to find out.
S&P 500 Index Price Prediction
The S&P 500 index (SPX) continued its marching towards the target goal of 6,500, indicating prolonged demand at a higher level.
The surprising transfer of average signals that the bulls remain controlled, but the excessive level of thinking in the Kamag -child index of strength (RSI) suggests that the rally can be extremely heat. It increases the risk of possible integration or correction in the near term.
If the price decreases but bounces from the 20-day simple transfer of average (6,283), this indicates that emotion remains positive. That increases the likelihood of a rally to 6,500. Sellers have to yank the price below the 50-day SMA (6,099) to get the upper hand.
US dollar price price prediction
The US Dollar Index (DXY) is trying to maintain above the 50-day SMA (97.68), indicating that the bulls attempt to develop a higher low.
If they succeed, the index can sink to 100.54 and then at level 102. Seller is expected to bring a strong challenge to 102.
On the other hand, failure to maintain the price above the 50-day SMA indicates that the bears remain controlled. The bears will then try to strengthen their position by pulling the price below 97.10. If they manage to do that, the index is at risk of a retest of important support at 96.37.
Bitcoin’s price prediction
BTC slipped under 20-day SMA ($ 117,867) on Friday, but the long tail on the candle shows a solid purchase at a lower level.
Bulls are trying to drive the BTC/USDT pair above $ 120,000 to $ 123,218 resistance. If they manage that, the pair will likely accelerate $ 135,728 and later in the target pattern of $ 150,000.
Time is running out for bears. If they want to make a comeback, they will need to quickly pull the price below $ 110,530 support. That can be able to embrace aggressive bulls, resulting in a long extermination. The pair can then fall into psychological support for $ 100,000.
Price ether
Ether climbed above the $ 3,745 resistance on Sunday, but the bulls had difficulty touching the higher level.
Sellers will try to pull the price below $ 3,745. If they manage that, the ETH/USDT pair may fall into 20-day SMA ($ 3,423). Consumers are expected to defend the 20-day SMA as a break below it indicates the onset of a deeper correction.
Conversely, if the price bounces at the level of $ 3,745 or the 20-day SMA with strength, it indicates the purchase of dips. Then the Bulls will try again to drive a pair to $ 4,094. If the level of $ 4,094 is taken, the pair can be skyrocket towards $ 4,868.
XRP price prediction
XRP’s (XRP) The pullback from $ 3.66 found the support of 20-day SMA ($ 3.10) on Thursday, indicating the purchase of dips.
The Bulls tried to push the price to $ 3.66 but faced significant resistance from the bear. If the price continues to be lower and breaks below the 20-day SMA, it suggests starting a deeper correction. The XRP/USDT pair can drop to $ 3 and later at $ 2.80.
Especially, if the price is bouncing in the 20-day SMA, it is a sign that the bulls are fiercely defending the level. The pair can rally at $ 3.66. A break and close to the top of $ 3.66 can take a pair at $ 4 and, after which, at $ 4.86.
BNB price prediction
Bnb (Bnb) turned away from $ 809 on Wednesday, but the Bears could not maintain the price below $ 761. That suggests that the bulls are to flip the support level.
Consumers pushed the price above $ 809 on Sunday, starting with the next Uptrend leg. The BNB/USDT pair can run for $ 900 and thereafter at a psychological level of $ 1,000.
Although the trend remains, the deep level of excessive thinking in the RSI suggests that the rally is due to an integration or correction in the near term. The first sign of weakness would be a break and close to the bottom $ 793. That suggests booking income at a higher level. The pair can drop to $ 761, where consumers are expected to enter.
Solana’s price prediction
Solana’s (Sol) Pullback from $ 209 on Wednesday stuck to 20-day SMA ($ 176) on Friday, indicating demand at a lower level.
Bulls are trying to push the price to $ 209 but face sale at a higher level. If consumers overcame the barrier to $ 209, the SOL/USDT pair could raw at $ 240 and ultimately $ 260. There is a minor resistance to $ 220, but it is likely to cross.
This positive view is invalid in the short term if the price drops and breaks down the 20-day SMA. The pair can drop to 50-day SMA ($ 160). That points to a possible action bound between $ 110 and $ 209.
Related: XRP price up to $ 4 next? ‘Most of the profitable stage’ probably here, says analyst
Dogecoin’s price prediction
Dogecoin (Doge) turned up from the 20-day SMA ($ 0.22) on Friday, indicating demand at lower levels.
The rally is faced with sale near $ 0.26, indicating that the bears are active at a higher level. If price plummets below the 20-day SMA, the Doge/USDT pair can remain for a large $ 0.14 to $ 0.29 range in a few days.
Consumers need to push the price above $ 0.29 to occupy control. If they manage that, the pair can start a new move to $ 0.35 and then to the target pattern of $ 0.44.
Cardano’s price prediction
Cardano’s (Ada) bounce off the 20-day SMA ($ 0.78) faces sale at overhead resistance of $ 0.86.
The irritating 20-day SMA and the RSI in the positive territory indicate an advantage over the bulls. A break above $ 0.86 could push the ADA/USDT pair to $ 0.94. Sellers will try to stop the ascending transfer to $ 0.94, but if the bulls prevail, the pair can sink to $ 1.02 and then $ 1.17.
The short-term advantage is tilt in favor of bears if the price continues to lower and plummets below the 20-day SMA. That suggests booking revenue at rallies. The pair may refuse 50-day SMA ($ 0.67).
Hyperliquid price prediction
Hyperliquid (hype) revealed from the support line of the upward channel pattern on Friday, indicating the purchase of the dips.
There is a resistance to 20 -day SMA ($ 45.06), but if the bulls succeed, the Hype/USDT pair can rise to $ 48 and subsequent to $ 50. Seller is expected to mounted a strong defense of $ 50.
Conversely, if the price turns from the 20-day SMA, the bears will try to pull the pair below the support line. If they succeed, the pair can start a deeper correction towards $ 36 and then $ 32.
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.
