Basic Points:
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Bitcoin aims for the highest weekly near $ 109,000, but the higher level is likely to attract sellers.
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Hype, BCH, Link, and SEI can expand their rallies if the price of Bitcoin stays above $ 105,000.
Bitcoin (Btc) make a solid return this week, which rises by more than 6%, indicating a strong purchase near $ 100,000 levels. Bulls are trying to strengthen their advantage by maintaining the price above $ 108,000. Famous businessman and analyst Rekt Capital told an X post that If Bitcoin achieved the highest weekly closethat “will enable Bitcoin to enjoy a new climb at new high times.”
However, it should be noted that liquidity generally remains low on the weekend, and a breakout should be viewed carefully. Sellers will return on Monday and try to keep the price within $ 100,000 to $ 111,980 range.
Bitcoin’s strength has been able to purchase many altcoins, which has been bouncing from their support levels. If Bitcoin hits a new all-time high, choose the altcoins that will try to expand their rally by destroying their overhead resistance levels.
Let’s study the charts of the top 5 cryptocurrencies that look strong on the charts and find out their important level of support and resistance.
Bitcoin’s price prediction
Bitcoin trades between moving averages and downtrend lines. Consumers tried to push the price above the downtrend line, but bears will be held.
The moving averages are gradually flowing, and the relative -child index (RSI) is in the positive territory, indicating that the bulls have a slight edge. If Bulls push the price above the Downtrend line, the BTC/USDT pair can jump at $ 110,530 and eventually to $ 111,980.
The seller in the zone between the downtrend line and the neckline of the reversed head-and-shoulders is expected to bring a strong challenge. However, if consumers are yelling their way, the pair can be skyrocket towards $ 150,492.
This optimistic view will be neglected in the near term if the price drops from the downtrend line and breaks below the moving averages. It opens the doors for the fall at $ 102,500 and then $ 100,000.
The pair bounces from the 20-exponential transfer of the average, but the bulls cannot clear the overhead hurdle on the downtrend line. If the price continues to lower and break below the 20-eema, it is suggested that the bulls lose grip. The pair can skid in the 50-simple transfer of average, which is an important level to guard. A break below the 50-sma can speed up the sale, pulling a pair to $ 100,000.
Upside down, the bulls need to push and maintain the price above the downtrend line to signal strength.
Hyperliquid price prediction
Hyperliquid (hype) slipped under 20-day EMA ($ 37.14) on Thursday, but bears could not maintain a lower level. That shows the purchase of every minor sinking.
The Bulls pushed the price above the 20-day EMA on Saturday. There is a resistance to $ 39.12, but if the bulls succeed in the barrier, the Hype/USDT pair could move forward to $ 42.50. Consumers are expected to deal with significant resistance to the $ 42.50 to $ 45.80 zone.
Conversely, if the price drops and skids below the 20-day EMA, it indicates that bears are active at a higher level. The pair may fall into 50-day SMA ($ 34.42). A break and close to the bottom of the 50-day SMA can sink the pair to $ 30.69.
The pair found the 50-SMA support, and the Bulls were trying to push the price above the close resistance of $ 39.12. If they manage to do that, the pair can climb to $ 41 and then at $ 42.50.
The first downside support is the 20-em and then the 50-sma. A break under moving signals of average weakening bullish momentum. The pair could fall at $ 33.25 and followed solid support to $ 30.69.
Bitcoin’s cash price prediction
Bitcoin Cash (Bch) faces sale at a $ 500 level, but a positive sign is that the bulls do not give much land to bear.
The irritating transition of the averages and the RSI to the positive zone suggests that the bulls are in control. That increases the likelihood of a break above $ 500. If that happens, the BCH/USDT pair may sink to $ 550. Seller will try to stop the rally at $ 550, but if the Bulls prevail, the pair can reach $ 625.
The first downside support was in 20-day EMA ($ 464) and then in 50-day SMA ($ 430). A break below the 50-day SMA signals that the bears return to the game.
Bulls are trying to keep the price above the 20-eema in the 4-hour chart. If they succeed, the pair can rise again above $ 500 resistance. Moving UP can choose steam above $ 511.
Conversely, if the price breaks down and maintains below 20-em, it suggests that the bulls book the income. That can sink the pair to 50-smma, where the bulls are likely to enter.
Related: Here’s what happened to Crypto right now
Chainlink price prediction
Chaainlink (Link) cling to the 20-day EMA ($ 13.27) in recent days, indicating that the bulls are maintaining their pressure.
If the price destroys and maintains above the 20-day EMA, the link/USDT pair can rise to 50-day SMA ($ 14.43). Sellers are expected to defend 50-day SMA with all their strengths as a break above it indicates a potential change in trend. The pair can climb towards $ 18.
Instead, if the price drops sharply from the current level or in the 50-day SMA, it suggests that the bears are selling at rallies. A break below $ 12.73 can keep the pair inside the descending channel for a few hours.
The Bulls are trying to push the price to the resistance line, but the bears are aggressively defending the level of $ 13.50. If the price decreases and breaks down below the 20-em, it suggests a lack of demand at a higher level. The pair can then drop to 50-sma.
In particular, a sharp rebound from 20-em signed a positive emotion. The pair can rise in the resistance line, which is a critical level to guard. If the price rises above the resistance line, the pair can march to $ 15.50.
You are the price prediction
BeBe) took the momentum after the 50-day SMA ($ 0.21) was damaged on Monday and rose above $ 0.29 resistance on Tuesday.
However, consumers will not be able to maintain the higher level, and the price dipped below the $ 0.29 level on Wednesday. A positive signing in favor of Bulls they pushed the price back to the top of the $ 0.29 level. The 20-day EMA ($ 0.23) began to turn away, and the RSI was in the positive territory, indicating that the path of at least the resistance was upside down. The SEI/USDT pair can rise to $ 0.35 and later to $ 0.43.
This positive outlook is not valid in the near term when the price decreases and breaks down the 20-day EMA. That can pull the pair up to $ 0.19 and later to $ 0.15.
Both moving averages are slipping, and the RSI is in the positive zone, indicating the advantage of consumers. If the price retains above $ 0.30, the pair can rally at $ 0.33.
Sellers are likely to have other plans. They will try to pull the price below 20-eM. If they manage that, the pair can slide to $ 0.27 and subsequently to 50-sma. It is expected that consumers will be strongly defending the 50-smma as a deeper pullback may delay the continuation of the UP transfer.
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.
