Basic Points:
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Bitcoin has made a decisive rest above $ 106,000, setting the stage for a possible all-time retest of $ 111,980.
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Most major altcoins remain in a range, but the hype continues to climb it.
Bitcoin (Btc) Sunday starts with a bullish note, rising above $ 107,500. Although the price trades below all times high, whales and retail investors hold their positions. Cryptoquant Contributor Darkfost wrote a post of QuickTake Blog that Binance Bitcoin Inflows from both groups have Slipped to their lowest level From the beginning of the cycle. That suggests investors are either “waiting for clearer macroeconomic signals or simply maintaining high faith in the long -term bitcoin trend.”
IG Markets Analyst Tony Sycamore told Cointelegraph that Bitcoin could retest the full time close to $ 112,000 and then rose to $ 116,000 to $ 120,000 region As long as it holds above $ 95,000 support.
Not only bitcoin, but even ether (Eth) is appealing to consumers. Ethereum Wallets holding between 1,000 and 10,000 ETHs witnessed to accumulation of more than 818,410 et .
Can Bitcoin rally with a new all-time high at $ 111,980? Will Altcoins participate in the UP transfer? 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) dropped from 6,059 on Wednesday, indicating that the bears were fierce defending 6,000 to 6,147 zones.
The index bounces from the 20-day exponential transfer of average (5,938), indicating that the sentiment remains positive and each sink is viewed as a purchase opportunity. Consumers will try to push the price to 6,147.
A deeper pullback can start with a break and close below the 20-day EMA. Short-term entrepreneurs can be tempted to book revenues, pulling the price up to 5,767 and then to 50-day simple transfer of average (5,680).
US dollar price price prediction
The US Dollar Index (DXY) witnessed a hard battle between the Bulls and the bears near the 97.92 level.
The Bears pulled the price below the support of 97.92 on Thursday, but the Bulls reclaimed the level on Friday. However, consumers find it difficult to maintain the price above 97.92, suggesting that bears sell each minor rally. That increases the likelihood of a collapse at 95.67.
Consumers will have to drive and maintain the price above the moving averages to soften the bearish momentum. The index can surge in overhead resistance to 102.
Bitcoin’s price prediction
Bitcoin rose above 20-day EMA ($ 106,202) on Monday, indicating that the Bulls were fiercely defending the 50-day SMA ($ 103,887).
The Bulls will try to strengthen their position by pushing the price to $ 110,530 and then to the neckline of the opposite head-and-and-lip pattern. A close above the neckline will complete the bullish setup, with a target pattern of $ 146,892.
Sellers are likely to have other plans. They will try to defend the overhead resistance and yank the price below the 50-day SMA. If they can pull it out, the BTC/USDT pair can retest an important $ 100,000 support.
Price ether
Ether closed under 20-day EMA ($ 2,580) on Saturday, but Bears will not expand the pullback to 50-day SMA ($ 2,412).
Bulls pushed the price above 20-day EMA, indicating the purchase of the dips. The ETH/USDT pair can rise to $ 2,738 and then $ 2,879. Sellers will try to defend the overhead zone, but if consumers are emerging, the pair can rally towards $ 3,153.
Conversely, if the price drops sharply from the overhead resist, the pair can stay within $ 2,879 to $ 2,323 range for a while. Short -term trend has been negative to a nearby $ 2,323.
XRP price prediction
XRP (XRP) has been oscillating between $ 2 and $ 2.65 in many days, indicating purchase near support and sale near resistance.
Price action within the range is likely to be random and mental change. If consumers maintain the price above the moving averages, the XRP/USDT pair can rally with overhead resistance to $ 2.65. Sellers will try to cause a steady challenge to $ 2.65 as a rest above can launch the pair at $ 3.
The trend will return to a break and close below the $ 2 support. The pair can retest a critical level at $ 1.61.
BNB price prediction
Buyers are trying to push BNB (Bnb) above the 20-day EMA ($ 656), which can extend the stay within a $ 634 to $ 693 range for more time.
Flattening 20-day EMA and the RSI near the middle do not provide a clear advantage either to bulls or bears. If the price maintains above the 20-day EMA, the BNB/USDT pair can rally at $ 693. Sellers will try to stop the upward move to $ 693, but if the bulls prevail, the pair can climb to $ 732.
Bears need to pull the price below the $ 634 support to occupy control. The pair can then be nosedive to $ 580.
Solana’s price prediction
Solana (Sol) Bouncing from $ 140 support on Saturday and reached moving averages on Monday, indicating solid purchases at a lower level.
Both moving averages are raging, and the RSI is close to the middle, suggesting that the SOL/USDT pair can swing between $ 140 and $ 185 in a few days.
The next trending transfer is likely to start at a break above $ 185 or below $ 140. If the price drops sharply from the moves average and breaks below $ 140, the pair can be plunge at $ 110. Conversely, a break above $ 185 can catapult pair at $ 210 and, afterwards, at $ 220.
Related: Why is XRP price now?
Dogecoin’s price prediction
Dogecoin (Doge) remains above the level of $ 0.16, but the failure to start a strong rebound signal of a lack of aggressive purchase of bulls.
The fall of the 20-day EMA ($ 0.19) and the RSI in the negative territory increase the risk of a break below $ 0.16. If that happens, the DOGE/USDT pair can drop in support of $ 0.14. The Bulls will try to eagerly defend the level of $ 0.14 as a break below will open the doors for the fall at $ 0.10.
Consumers have a raised task ahead of them. They had to pierce the $ 0.21 resistance to clear the path for a rally at the level of $ 0.26. A new move can start at a break above $ 0.26.
Cardano’s price prediction
Consumers are trying to defend the $ 0.60 level with Cardano (Ada), But the rebound is powerless. This increases the risk of a break below $ 0.60.
The fall of the 20-day EMA ($ 0.67) and the RSI in the negative territory suggest that the bears have sides. If the price drops from the moving averages and breaks below $ 0.60, the ADA/USDT pair may fall to $ 0.50.
Consumers will have to drive the price above the moving averages to avoid the downside. The pair can rise to the downtrend line, where sellers are expected to mounted a strong defense.
Hyperliquid price prediction
Hyperliquid (Hype) continued its exemption after consumers kicked the price above $ 44 objection on Monday.
If the Bulls retain the price above $ 44, the Hype/USDT pair may sink toward the next target goal of $ 50. The said move is improperly developing a negative difference -DSI, which signed that the bulls have reinstated their supreme power.
The 20-day EMA ($ 37.71) is the critical support to guard the downside. A break below the 20-day EMA can tempt short-term consumers to book revenue, pulling the pair to 50-day SMA ($ 30.37).
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.
