Basic Points:
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Solid flows in Bitcoin ETF spots show that the bulls are back to the driver’s seat and a rally to a new all-time high is likely.
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BNB led the recovery of altcoin, with some altcoins prepared to break above their overhead resistance levels.
Bitcoin (Btc) Rose close to $ 123,900 on Friday, which continues its marching to a full time of $ 124,474. BTC recovery is supported by solid demand from Bulls, and recorded US spot BTC exchange-traded funds $ 2.25 billion in flows From Monday, according to the data of the Farside investors.
Analysts expect BTC to surge in a new high time. Capriole Investments founder Charles Edwards told Cointelegraph that The BTC can be -KyRocket at $ 150,000 Before the end of the year while investors are looking for safe investments next to gold.
While all the signs point to a possible continuation of the uptrend, some analysts are careful. Trader Roman said in an X post that the Koma’s Index (RSI) indicator (RSI) on the BTC chart shows a The difference -a bearish in both weekly and monthly Time frames. Roman warned entrepreneurs to be “carefully handle here.”
Can BTC sink to a new all-time high, triggering a rally to the Altcoins? Let’s check the charts of the top 10 cryptocurrencies to find out.
Bitcoin’s price prediction
The BTC advanced above the $ 117,500 overhead resistance on Wednesday, indicating that consumers returned to the command.
The BTC/USDT pair reached near the full time of $ 124,474, where bears are expected to mount a strong defense. If the price drops sharply from the current level of $ 124,474 and breaks below $ 117,500, signal that bears are active at a higher level. The price of bitcoin can stay between $ 107,000 and $ 124,474 longer.
Instead, if consumers are driving the price above $ 124,474, it will signal the continuation of the uptrend. The pair can rally at $ 141,948.
Price ether
Ether (Eth) closed above the 20-day exponential transfer of average ($ 4,309) on Wednesday and reached the resistance line on Friday.
The 20-day EMA began to rotate gradually, and the RSI rose to the positive territory, signing a slight edge to the bulls. Sellers will try to stop recovering the resistance line, but if buyers prevail, the ETH/USDT pair can retest the whole time high at $ 4,957.
Bears need to pull the price below the 20-day EMA to soften the bullish momentum. Ether prices can drop to $ 4,060.
XRP price prediction
Buyers pushed XRP (XRP) above the downtrend line on Thursday but did not achieve a near above.
Consumers are trying again to maintain the XRP price above the downtrend line. If they succeed, the pattern of lowering triangle is invalid. The XRP/USDT pair can climb to $ 3.20 and later to $ 3.38.
This optimistic view will be neglected in the near term if the price drops and breaks below the moving averages. That suggests a breakout above the downtrend line can be a bull trap.
BNB price prediction
Bnb (Bnb) Skyrock on a new all-time high at $ 1,084 on Thursday and extended the upward move on Friday.
The BNB/USDT pair is broken above the ascending channel pattern, which signed a pickup in bullish momentum. There is a minor resistance to $ 1,173, but if this level is crossed, the rally can reach $ 1,252.
The breakout level from the channel and the 20-day EMA ($ 1,004) is likely to act as strong downside support. Sellers need to drag the BNB price below $ 930 to suggest that the pair can be raised in a short time.
Solana’s price prediction
Buyers pushed Solana (Sol) Back to the top of the Uptrend line on Wednesday, suggesting that the corrective phase could be completed.
Any pullback from the current level is likely to find support in 20-day EMA ($ 220). If that happens, the SOL/USDT pair can rally with overhead resistance of $ 260. Seller is expected to defend the $ 260 level at all of which they may due to a near top can afford Solana’s price for $ 295.
Sellers need to tug the price below the 50-day simple transfer of average ($ 212) to make a comeback.
Dogecoin’s price prediction
Dogecoin (Doge) closed above 20-day EMA ($ 0.24) on Wednesday, indicating a slight edge to the bulls.
Although the DOGE/USDT pair remains stuck within a large range between $ 0.14 and $ 0.29, the price action forms an ascending triangle pattern. Consumers will have to achieve a near above $ 0.29 to complete bullish setup. Doge can rally with the target pattern of $ 0.39.
The bullish pattern is invalid if the bear pulls the price below the line of the pile. That suggests a pair can expand its integration -with it for more time.
Cardano’s price prediction
Cardano’s (Ada) Recovery rose above the 50-day SMA ($ 0.86) on Thursday, indicating that the sale of pressure was reduced.
Consumers need to push the cardano price above the resistance line to suggest that the correction may be completed. The ADA/USDT pair can attempt a rally at $ 1.02, where the bears are expected to enter.
Especially, if the price turns from the current level or line of resistance and breaks below the 20-day EMA ($ 0.84), it is suggested that the bears sell at rallies. The pair could fall to $ 0.75 support.
Related: XRP prices take $ 3, opening the road for 40% acquisitions in October
Hyperliquid price prediction
Hyperliquid (hype) progressed above the moving averages on Thursday, indicating solid purchases at a lower level.
The relief rally is expected to face the sale at a 61.8% level of fibonacci retracement of $ 51.87. If the price drops from $ 51.87 but the moving averages are bouncing, it suggests that emotions become bullish. Hype/USDT pair can climb to $ 59.41.
Conversely, if the price turns and breaks below the moving averages, it signals that the bears are active at a higher level. Hyperliquid prices can then fall to $ 43 and after that at $ 39.68.
Chainlink price prediction
Chaainlink (Link) rise above the 20-day EMA ($ 22.35) on Wednesday, but the bulls face resistance near the downtrend line.
If the prices of skids and remain at the bottom of the 20-day EMA, it suggests that the link/USDT pair may remain within the descending channel pattern within a few days.
The first sign of strength will be a rest and near the top of the downtrend line. If that happens, the price of the chainlink can rally at $ 26 and, after which, at $ 27. Seller will try to stop the upward move to $ 27, but if the bulls prevail, the rally can reach $ 30.94.
Sui’s price prediction
Sui (Sui) climb above the moving averages on Wednesday, indicating that the sale of pressure is reduced.
If consumers keep the price above the moving averages, the SUI/USDT pair can climb the downtrend line. Sellers are expected to defend the downtrend line aggressively as a rest above can push the SUI price to $ 4.20 and subsequently to $ 4.44.
Conversely, if the price turns and breaks below the moving averages, it suggests that the bears do not give up. The pair could then fall into $ 3.26 to $ 3.06 zone support.
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.
