Basic Points:
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Bitcoin risks are a deeper correction to $ 100,000, but a positive sign is the approach and the mataplanet will continue to accumulate.
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Ether tries and selects Altcoins to boost their strong support levels, which signal the purchase to the dips.
Bitcoin (Btc) failed to maintain more than $ 105,000, indicating a lack of demand at a higher level. Research firm Santiment said the market update that whale activity was selected after the rallied by Bitcoin near $ 112,000. Sometimes, like a Increase whale activity near the tops of the market Signs that earn income.
Analyst Alphabtc said in an X post that Bitcoin may have begun a deeper correctionthat can last until the second week of June.
Crypto’s Trader Titer said in an X post that Bitcoin may drop to $ 97,000And if that level is also cracks, the next stop can be $ 90,000.
Although the nearby picture remains unsure, long -term bitcoin bulls continue to buy. Michael Saylor’s approach, the world’s largest holder in the world, has announced the purchase of 705 Bitcoin for an average price of $ 106,495 per coin between May 26 and 30.
Similarly, the Japanese investment company Metaplanet said in an X post that It got 1,008 bitcoin For an average price of $ 108,400.
What are the critical levels of support that should be guarded in Bitcoin and Altcoins? 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 near the 20-day exponential transfer of average ($ 5,817) on May 30, but the long tail of the candle shows the purchase at a lower level.
Bulls will try to continue moving UP by pushing the price above 5,970. If they can pull it, the index can start the north of this march to the full time of 6,147. Sellers are expected to defend the zone between 6,000 and 6,147.
The 20-day EMA is the critical support to watch over the near term. A break and near the bottom of the 20-day EMA suggest booked the income of short-term consumers. The index can fall to 5,700 levels and subsequently to the 50-day simple transfer of average (5,609).
US dollar price price prediction
The US Dollar Index (DXY) rose above 20-day EMA (99.82) on May 29, but the Bulls could not maintain a higher level.
The collapse of the transition of the averages and the relative -child index of strength to the negative zone signal that remains controlled. If the price closes below 99, the next stop is probably 97.92. Consumers will try to stop the downside at 97.92 because if they fail in their efforts, the index may be nosedive at the level of 95.67.
Bulls need to push and maintain the price above the 50-day SMA to signal strength. The index can then raw at level 102.
Bitcoin’s price prediction
Bitcoin turned away from the 20-day EMA ($ 105,232), indicating that the bear were fiercely guarding the level.
Bears will try to strengthen their position by pulling the price below the immediate support of $ 103,000. If they manage that, the BTC/USDT pair can sink to a psychological level of $ 100,000. Consumers are expected to defend $ 100,000 support as a break below can sink the pair to $ 93,000.
On the other hand, a break and near the top of $ 106,000 can push the pair to $ 109,588 to $ 111,980 overhead zone. A break and near the top of the zone can take a pair of $ 130,000.
Price ether
Sellers try to pull the ether (Eth) below the 20-day EMA ($ 2,502), but the Bulls successfully held the level.
If the price turns sharply from the current level and breaks above $ 2,738 resistance, it signals the continuation of the climb. The ETH/USDT pair can rally at $ 3,000. There is a resistance to $ 2,850, but it is likely to cross.
Conversely, a break and near the under-day EMA tilted the advantage in favor of the bears. The pair can be plunge at $ 2,323, which is likely to act as a stable support. A bounce off $ 2,323 can face the sale in 20-day EMA.
XRP price prediction
XRP (XRP) Continue to trade within a $ 2 to $ 2.65 range, indicating a balance between supply and demand.
A recovery attempt from the current level or $ 2 is expected to deal with the sale in 20-day EMA ($ 2.27). If the price drops sharply from the 20-day EMA, the Bears will try to sink the XRP/USDT pair below $ 2. If they do that, the pair may fall to $ 1.61.
Alternatively, a break and near the top of the 20-day EMA removes the path for a rally at $ 2.65. If consumers succeed in the barrier to $ 2.65, the pair will complete an opposite head-and-and-back pattern. Bullish setup has a target goal of $ 3.69.
BNB price prediction
Bnb’s (Bnb) bounce off the $ 644 support faced with resistance to 20-day EMA ($ 659), indicating that bears are selling at rallies.
The 20-day EMA is uprising, and the RSI is close to the middle, suggesting a possible action bound in the scope in the near term. The BNB/USDT pair can be swing between $ 634 and $ 693 for a few more days.
A break above $ 693 or below $ 634 may begin with the next trending transfer. If consumers pierce the overhead resistance to $ 693, the pair can be skyrocket at $ 732 and, after which, at $ 761. A downside target $ 580 will open if the pair falls below the 50 -day SMA ($ 630).
Solana’s price prediction
Consumers are trying to defend $ 153 solana support (Sol) but they cannot push the price above the 50-day SMA ($ 157).
The 20-day EMA (165) began to turn away, and the RSI was below 50, indicating the advantage of sellers. If the $ 153 support gives way, the SOL/USDT pair can leak to $ 140.
Instead, if the price bounces at $ 153, the Bulls will try again to push the pair above the 50-day SMA. If they succeed, the pair can climb to 20-day EMA. That suggests a pair can combine -combined between $ 185 and $ 153 longer.
Related: XRP price endangered a 20% crash at $ 1.70 – here’s why
Dogecoin’s price prediction
Dogecoin (Doge) has traded below the 50-day SMA ($ 0.19) since May 30, indicating that the bears are maintaining pressure.
There is a minor support for $ 0.18, but if the level collapses, the Doge/USDT pair may fall to $ 0.16 to $ 0.14 zone. If the price scratches the zone support, the pair can expand its stay within $ 0.14 to $ 0.26 range for more time. Price action within a range can be random and mental change.
The next trending transfer is expected to start at a break above $ 0.26 or below $ 0.14. If the level of $ 0.26 has been scale, the pair can be skyrocket at $ 0.35. On the downside, a break below $ 0.14 can sink the pair to $ 0.10.
Cardano’s price prediction
Cardano (Ada) fell below the 50-day SMA ($ 0.71) on May 30, signal advantage over bears.
Bulls are trying to defend the level of $ 0.64, but failing to start a solid rebound increases the risk of a breakdown. If that happens, the ADA/USDT pair may drop to solid support to $ 0.60.
Attempts at the relief rally are expected to deal with the sale in 20-day EMA ($ 0.72). Consumers need to push and maintain the price above the neckline to suggest a comeback. The pair could climb to $ 0.86 and later to $ 1.01.
Hyperliquid price prediction
Hyperliquid (hype) bounced from 20-day EMA ($ 31.17) on June 1, but the bulls were struggling to maintain momentum.
Consumers need to push the price above $ 35.73 to signal strength. It opens the doors for a rally up to $ 40 and then $ 42.25. Sellers will try to stop the ascending transfer to $ 42.25, but if the Bulls prevail, the Hype/USDT pair can sink to $ 50.
Conversely, if the price turns and breaks down below the 20-day EMA, it is a sign that every minor rally is sold. The pair can slide at $ 28.50, where consumers are expected to enter.
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.
