Basic Points:
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Bitcoin shows a negative difference -different from charts, which signifies a weakness in bullish momentum.
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Consumers need to maintain Ether above $ 4,094 to maintain the upper hand.
Bitcoin (Btc) expanded its pullback on Monday, suggesting booking the income of short -term businessmen. Analyst said Captain Faibik in an X post that Can i -Drop the BTC on the key $ 98,000- $ 100,000 psychological zone in case of a “extreme bearish flush.”
Despite the correction, analysts expect to trade bitcoin in the next few months. Canary Capital CEO Steven McClurg said in an interview with CNBC that there is more than 50% chance of BTC reached $ 140,000 to $ 150,000 Zone this year before the bear market next year.
The The majority of the major but did not show the same enthusiasm for the ether (Eth) Despite strong performance over the past 30 days, according to the sentiment platform Santiment. While markets generally move opposite retail expectations, Santiment believes ETH has a “slightly more bullish path” compared to BTC.
Can BTC develop a higher low, signal strength? Can Altcoins follow BTC? 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) remains in a strong raid, indicating that consumers are in command.
A minor negative is that the Kaba -child index of strength (RSI) forms a negative difference pattern -It. That suggests a pullback or integration in the near term. A break and near the bottom of the 20-day exponential transfer of average (6,370) can speed up the sale. The index can then fall into 50-day simple moving average (6,237).
Contrary to this assumption, if consumers pushed the price above 6,500, the index could start the next leg of up to 6,696.
US dollar price price prediction
The US Dollar Index (DXY) witnessed a tough battle between bulls and bear on moving averages.
The marginally downsloping 20-day EMA (98.23) and the RSI just below the midpoint indicate a minor advantage over the bear. If the price breaks below 97.62, the index may fall to 97.10.
Conversely, a break and close to the top of the 20-day EMA shows demand at the lower level. The Bulls will try to push the price to 99.32 and subsequently to 100.25. Such a move suggests the index can be swing between 96.37 and 102 for some time.
Bitcoin’s price prediction
BTC fell under 50-day SMA ($ 115,702) on Monday, but the price finds neckline support of the opposite head-and-shoulders pattern.
There is a minor resistance to $ 118,575, but if the level crosses, the BTC/USDT pair can rally at $ 120,000 and then challenge the full time of $ 124,474.
However, one word of caution for the bulls is that the RSI has formed a negative difference -It. That signal that the bulls are losing grip. If the price breaks under the neckline, the price of Bitcoin may fall to $ 110,530. This is a critical support to guard as a break below $ 110,530 opens doors for a fall to $ 105,000 and then $ 100,000.
Price ether
ETH extended its pullback on Monday after immediate support of $ 4,368. That suggests booking of short -term consumers.
The breakout level of $ 4,094 is an important support to guard. If the price bounces at $ 4,094 with strength, it suggests that the bulls are trying to flip the support level. The ETH/USDT pair can re -rally towards $ 4,788. A break above $ 4,788 removes the path for a rally up to $ 5,000.
On the other hand, a break and close to the bottom $ 4,094 signed the start of a deeper correction. The ether price may fall towards $ 3,745 and then to 50-day SMA ($ 3,523).
XRP price prediction
Buyers cannot push XRP (XRP) Return to the top 20-day EMA ($ 3.10) in recent days, indicating a lack of demand at a higher level.
The price slides at 50-day SMA ($ 2.94), which can act as a stable support. If the price scratches the 50-day SMA, the Bulls will try to drive the XRP/USDT pair above the downtrend line. If they do that, the price of XRP can rally at $ 3.40 and then at $ 3.66.
Conversely, a break below the 50-day SMA can sink the pair to $ 2.73 support. A solid bounce off the $ 2.73 level can reach the downtrend line. A rest above the downtrend line suggests that the price of XRP can range between $ 2.73 and $ 3.66 for a while.
BNB price prediction
Repeat -repetition of Bulls to maintain BNB (Bnb) above $ 861 can tempt short-term buyers to book revenues.
The BNB/USDT pair can slide to 20-day EMA ($ 808), which is a critical support to guard. If the price bounces on the 20-day EMA with strength, it enhances the prospects of a break above $ 861. If that happens, the price of BNB may sink to a psychological level of $ 1,000.
Contrary to this assumption, a break and near the bottom $ 794 suggest that the pair can develop a range between $ 732 and $ 861 in a few hours.
Solana’s price prediction
Solana (Sol) bouncing from the level of $ 185 on Saturday, but Bulls could not maintain a higher level.
The price refused the 20-day EMA ($ 182), which is likely to attract strong bulls. If the price rebounds on the averages, the Bulls will try again to push the SOL/USDT pair towards the overhead resistance of $ 210. If the level of $ 210 crosses, the rally can reach $ 240.
Instead, if Solana’s price continues to be lower and breaks under the 50-day SMA ($ 172), the next stop may be the ulend line.
Related: XRP price review: The bulls are in trouble and should recover quickly $ 3
Dogecoin’s price prediction
Dogecoin (Doge) is stuck within a narrow range between $ 0.26 and $ 0.21 for a few days.
The flat 20-day EMA ($ 0.22) and the RSI near the midpoint do not provide a clear advantage either to bulls or bears. If the price skids below the support of $ 0.21, the DOGE/USDT pair could leak to $ 0.19 and then at $ 0.16.
Upside down, the Bulls will have to drive the dogcoin price above $ 0.26 to signal strength. The pair can challenge the tough overhead resistance of $ 0.29. A break and near the top of $ 0.29 opens doors for a rally up to $ 0.35.
Cardano’s price prediction
Buyers keep Cardano (Ada) above the level of $ 0.90 but it is difficult to push the price above $ 1.02 resistance.
Both moving averages are sloping up, which indicates an advantage over consumers, but the negative difference -RSI suggests the reversal momentum slows down. If the $ 0.90 support cracks, the ADA/USDT pair can slide to 20-day EMA ($ 0.84). Consumers are expected to defend the 20-day EMA as a break below can sink Cardano price to 50-day SMA ($ 0.75).
If the price is bouncing to the 20-day EMA, it indicates the purchase at a lower level. Bulls will try to continue moving UP by pushing the price above $ 1.02. If they do that, the pair can be sckyrocket for $ 1.17.
Chainlink price prediction
Chaainlink (Link) has been in a riot in recent days, but the Bears are trying to stop moving at $ 27.
Surprisingly average moves indicate an advantage over consumers, but the negative difference -the RSI suggests that the bullish momentum has weakened. Sellers have to yank the price below the 20-day EMA ($ 21.13) to get the upper hand.
The first downside support is at $ 24.31 and then in 20-day EMA. If the price reblogles in the 20-day EMA, the Bulls will try again to drive the link/USDT pair above $ 27. If they manage to do that, the chainlink price can sink to $ 31.
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.
