Basic Points:
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Bitcoin will be held above $ 104,000, but the ongoing sale can sink the price to $ 100,000.
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Most major altcoins remain range, but some threatened to break down the support levels.
Bitcoin (Btc) has witnessed a tough battle between the Bulls and the bears near the 50-day simple moving average ($ 104,269). The Bulls are trying to build a higher low as the bears try to sink the price to psychological support for $ 100,000.
Bitfinex analysts stated in a market report on Tuesday that Bitcoin has to stay above The $ 102,000 to $ 103,000 zone to start recovery, if geopolitical risks do not intensify. Analysts believe that the current environment offers a “high risk, highly rewarded opportunity for reversed continuity if consumer confidence returns.”
Another bullish voice was the cryptoquant that contributed to Gaah, who said in a “QuickTake” blog post on Tuesday that index bitcoin cycle indicators (IBCI) stabilized close to 50% range, which signed a “neutral point in the market cycle.” Gaah added that bitcoin is in a transitional stage and not in a phase of fatigue, Left the door open for further upside down.
Can consumers push Bitcoin to $ 110,000, or will the price go to $ 100,000? How are the altcoins set up? Let’s check the charts of the top 10 cryptocurrencies to find out.
Bitcoin’s price prediction
Bitcoin rose above the 20-day exponential transfer of average ($ 105,851) on Monday, but Bulls could not maintain a higher level. The price turned away and fell to 50-day SMA on Tuesday.
The 20-day EMA was flatted out, and the relative index index (RSI) was near the midpoint, which signed a possible range of action in the near term. If the price of skids below the 50-day SMA, the BTC/USDT pair can be up to $ 100,000. Consumers are expected to defend the $ 100,000 level at all they may have due to a break below the pair can sink to $ 93,000.
Upside down, a break above the 20-day EMA can push the pair to the downtrend line. If this level is cleared, the pair may increase on the neckline of the reversed head-and-shoulders’s neckline near $ 112,800.
Price ether
Buyers pushed the ether (Eth) above the 20-day EMA ($ 2,560) on Monday and Tuesday, but the long wick on the candlesticks shows the sale near $ 2,738.
The flat 20-day EMA and the RSI near the midpoint signal a possible action bound in the scope in the near term. The ETH/USDT pair can combine between $ 2,738 and $ 2,323 in a few days.
If consumers pierce a $ 2,738 resistance, the likelihood of a rally of more than $ 2,879 is rising. The pair can sink to $ 3,153. This positive outlook is not valid in the near term at a break below $ 2,323. The pair could have fallen to $ 2,111.
XRP price prediction
Buyers pushed XRP (XRP) above the 50-day SMA ($ 2.27) on Monday, but the bears stopped recovering at $ 2.34.
Both moving averages are flattish, and the RSI is just under the middle, suggesting a possible action bound in the scope in the near term. The XRP/USDT pair can stay stuck between $ 2 and $ 2.34 for more time.
Contrary to this assumption, if the price continues to lower and break below $ 2, it will signal the start of a new down transfer to $ 1.61.
Consumers will get strength to a close more than $ 2.34. The pair can climb overhead resistance to $ 2.65.
BNB price prediction
Sellers quit Bulls attempts to push BNB (Bnb) above 20-day EMA ($ 653) on Monday and Tuesday.
Bears will try to strengthen their position by pulling the price below the $ 634 support. If they do that, the BNB/USDT pair can leak to $ 580.
Conversely, if the price bounces $ 634 with strength, it indicates solid demand at the lower level. Bulls will have to drive the price above $ 660 to open doors for a rally in overhead resistance of $ 693. It is expected that sellers will be able to defend the level of $ 693 because a rest above can catapult the pair at $ 732.
Solana’s price prediction
Buyers pushed Solana (Sol) above the 20-day EMA ($ 154) on Monday but the 50-day SMA ($ 160) obstruction was unable to clear.
Bears try to pull the price up to $ 140 support, which is an important level to watch. If the level of $ 140 is falling, the SOL/USDT pair will complete a Bearish H&S pattern. The pair could fall at $ 123 and eventually to $ 110.
Instead, if the price turns and breaks above the 50-day SMA, it suggests a strong purchase near $ 140. That could keep the pair between $ 140 and $ 185 for a while. Consumers will return to command to a close more than $ 185.
Dogecoin’s price prediction
Dogecoin (Doge) witnessed a tough battle between buyers and sellers in support of $ 0.16.
The fall of the 20-day EMA ($ 0.18) and the RSI in the negative zone indicates the path of at least resistance to the downside. If the $ 0.16 support cracks, the Doge/USDT pair can be plunged at $ 0.14.
Consumers will try to protect the support of $ 0.14, but the rally will likely face the sale in 20-day EMA. If the price drops sharply from the 20-day EMA, the $ 0.14 support is at risk of breaking. If that happens, the pair may fall to $ 0.10. Consumers will return to the driver’s seat at a break above $ 0.26.
Cardano’s price prediction
Cardano (Ada) turned away from the 20-day EMA ($ 0.66) on Monday, indicating a negative emotion in which the bear sells at relief rallies.
The Bulls are trying to defend the $ 0.60 level, but if the bears prevail, the ADA/USDT pair may drop to solid support to $ 0.50. Consumers will try to arrest autumn for $ 0.50 because if they fail in their efforts, the pair may fall to $ 0.40.
If consumers want to avoid the downside, they will need to quickly push the price above the 50-day SMA ($ 0.71). If they do that, the pair can rise to the downtrend line, where the bear can cause a great challenge.
Related: Combined -Contelling XRP prices for 200 days: guess analysts where it next
Hyperliquid price prediction
Consumers repeatedly pushed Hyperliquid (hype) above $ 42.25 resistance in previous days but failed to maintain a higher level.
The Bears tried to strengthen their position by pulling the price below the 20-day EMA ($ 37.93) on Tuesday, but the Bulls held. Consumers will try again to close the price above $ 42.50. If they can pull it out, the Hype/USDT pair can rise to $ 45.80 and later to $ 50.
This positive outlook is not valid in the near term when the price decreases and breaks down the 20-day EMA. The pair can start a deeper correction toward 50-day SMA ($ 31.17).
Sui’s price prediction
Sui (Sui) turned away from the 20-day EMA ($ 3.17) on Monday and dipped below the critical support of $ 2.86.
If the price remains below $ 2.86, the sale can be selected, and the SUI/USDT pair can be nosedive at $ 2.42. The Bulls will try to start a rally from $ 2.42 but may face hard resistance to 20-day EMA. If the price drops from the 20-day EMA, the pairs are at risk of falling to $ 2.
The first sign of strength will be a rest and close to the top of the 20-day EMA. The pair can rise to 50-day SMA ($ 3.49).
Bitcoin’s cash price prediction
Bitcoin Cash (Bch) closed above $ 462 resistance on Monday, but the bulls are struggling to maintain a higher level.
Sellers are trying to pull the price below $ 462. If they manage to do that, the BCH/USDT pair may leak on moving averages. Consumers will try to arrest the decline in moving averages. If the price reblogged the moving averages with strength, the bulls will try again to push the pair to $ 500.
On the other hand, a nearby 50-day SMA tilted the advantage in favor of the bears. The pair could refuse $ 375.
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.
