Basic Points:
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Bitcoin was damaged above $ 117,500 resistance, opening doors for an all-time retest high at $ 124,474.
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Many Altcoins started a strong rally rally, which signed a solid purchase at a lower level.
Bitcoin (Btc) September closed with gains more than 5% and the Bulls expanded the gains on the first day of the new moon by pushing the price above the hard overhead resistance of $ 117,500.
Coinglass data shows that a positive monthly near September followed by history An average return of more than 53% in Q4. If history repeats itself, the BTC can move forward to $ 170,000 before the end of the year.
Another positive signing is that analysts expect BTC to imitate Gold run. Crypto analyst and businessman Ted Pillows were told in an X post that BTC follows gold with an eight -week delay, and he expects Q4 to be large for BTC.
Can the BTC strength of altcoins higher? Let’s check the charts of the top 10 cryptocurrencies to find out.
Bitcoin’s price prediction
The BTC closed above the moving averages on Monday, and the Bulls further strengthened their position by pushing the price above $ 117,500 resistance on Wednesday.
The 20-day exponential transfer of average ($ 113,527) began to turn away, and the relative index index (RSI) above 61 suggests that the momentum favors consumers. If the price closes above $ 117,500, the BTC/USDT pair can challenge all times high to $ 124,474. Sellers are expected to defend the $ 124,474 level with all their strengths, but if buyers prevail, the rally can reach $ 141,948.
This optimistic perspective will be neglected in the near term if the price of Bitcoin decreases and breaks down below $ 107,000 support.
Price ether
Ether (Eth) will rise above the 20-day EMA ($ 4,262), indicating that the sale of pressure is reduced.
The price can reach the resistance line, which is an important degree to watch over the near term. If consumers push the price above the resistance line, the ETH/USDT pair can retest to all-time high at $ 4,957.
Conversely, if the price turns from the resistance line, it signals that the bears will continue to sell at rallies. Sellers will have to put an ether price below $ 3,745 support to suggest that the pair can be raised in a short time.
XRP price prediction
XRP’s (XRP) bounce off the $ 2.69 support reaches moving averages, which signed a solid purchase at a lower level.
Sellers will try to maintain the price of XRP within the descending triangle pattern by defending the downtrend line. On the downside, a nearby $ 2.69 completed a pattern lowering triangle. That can speed up the sale, pulling an XRP/USDT pair to $ 2.20.
Alternatively, one near the top of the downtrend line neglects bearish setup. The failure of a negative pattern is a bullish signing because aggressive bears can rush to close their short positions. That could start a rally at $ 3.20 and then at $ 3.38.
BNB price prediction
Bnb (Bnb) turned away from $ 1,036 on Monday, but Bears did not allow the price to sink below the 20-day EMA ($ 976).
If the price turns from the current level or the 20-day EMA with strength, it increases the likelihood of a break above $ 1,036. The BNB/USDT pair can rally at $ 1,083. Sellers will try to defend the $ 1,083 level with all their strengths as a rest above can start with the next uptrend leg to $ 1,173.
Contrary to this assumption, if the BNB price drops and breaks below $ 934, it signals the start of a deeper correction at the 50-day SMA ($ 909) and then $ 842.
Solana’s price prediction
Sellers try to stop Solana (Sol) recovery to 20-day EMA ($ 216), but bulls retain pressure.
If consumers push the price above the plot line, it suggests that the corrective phase may be completed. The Sol/USDT pair can rally at $ 230 and subsequently to $ 260. Seller is expected to defend the level of $ 260.
This positive view is invalid in the near term if the price drops and breaks below the $ 190 support. If that happens, the price of Solana could fall to $ 175, signing that the pair could extend its stay within $ 110 to $ 260 which is longer.
Dogecoin’s price prediction
Dogecoin’s (Doge) tight trading range between the uptrend line and the 50-day SMA ($ 0.23) resolved upside down Wednesday.
If the price closes above the 20-day EMA ($ 0.24), it suggests that the bulls are trying a return. Dogecoin prices can rally at $ 0.26 and, afterwards, at a tough overhead resistance of $ 0.29.
Sellers need to pull the price below the uptrend line to get the upper hand. If they can pull it out, the DOGE/USDT pair can drop to $ 0.21 and then to $ 0.19. The signal that the price can be combined -combined between $ 0.14 and $ 0.29 for a few more days.
Cardano’s price prediction
Sellers tried to pull Cardano (Ada) below the $ 0.78 level on Tuesday, but the Bulls will hold their land.
Consumers try to strengthen their position by pushing the price above the moving averages. If they manage to do that, the ADA/USDT pair can rally in the resistance line. Sellers will try to stop recovering the resistance line, but if buyers are pouring, Cardano price can move forward to $ 1.02.
On the downside, a break and close below the $ 0.75 level will complete a descending triangle pattern. It opens the doors for the fall at $ 0.68.
Related: Bitcoin pushes $ 118K while reviewing the US Gov’t Shutdown ‘Non-Event’
Hyperliquid price prediction
Hyperliquid (hype) recovery reaches moving averages, which is a critical level to guard.
The fall of the 20-day EMA ($ 48.09) and the RSI only under the midpoint indicated a slight edge to the bear. Sellers need to pull the Hyperliquid price below $ 42.89 support to strengthen their position. The Hype/USDT pair can drop at $ 40, where consumers are expected to enter.
Especially, a break and close to the top of the moving signals of the average that the bulls are back in control. The pair can rise to $ 54.50 and subsequently to $ 59.
Chainlink price prediction
Chaainlink (Link) is trading within a descending channel pattern, indicating that the bears are selling at rallies.
It is expected that sellers will be aggressively defending the zone between 20-day EMA ($ 22.25) and the resistance line. If the price drops sharply from the overhead zone, the link/USDT pair may remain inside the channel for more time.
The first sign of strength will be a rest and near the top line of resistance. If that happens, it suggests that the corrective phase may be completed. Chainlink prices can rally at $ 25.64 and eventually at $ 27, where bears are expected to cause a strong challenge.
Avalanche’s price prediction
Avalanche’s (Avax) The relief rally faces resistance near 20-day EMA ($ 30.12), but a positive sign is that the bulls do not give much soil to bear.
If consumers are urging the price above $ 31.25, the AVAX/USDT pair can select momentum and test a rally at $ 36.17. The sellers are expected to defend the level of $ 36.17, but if the Bulls prevail, the rally can reach $ 45.
Instead, if the price drops and breaks below $ 27.38, it signals that the bears are maintaining pressure. Avalanche prices can fall at $ 22.50, carrying a large $ 15.27 to $ 36.17 range.
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.
