Basic Points:
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Bitcoin’s rally rally increased above $ 108,000, but the Bulls could insist on pushing and maintaining the price above the full time of $ 111,980.
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Many major altcoins have been bouncing their recently -only lows but are unable to find consumers at a higher level.
Bitcoin’s (Btc) Relief Rally began on Monday, following President Donald Trump’s “total ceasefire” announcement between Israel and Iranrose above $ 108,000, indicating prolonged demand from bulls.
Institution investors did not stop buying despite increasing geopolitical tensions in previous days, as seen from 11 consecutive days of flowing In US spot bitcoin exchange – exchanged funds (ETF). According to Farside’s investors data, ETFs attract $ 3.35 billion in streams beginning June 9.
Bitcoin seems to be set to challenge all the time high at $ 111,980, but cryptocurrency markets may require a catalyst to hold a higher level. The absence of a trigger can expand the stay of bitcoin within the range for some time.
Can Bitcoin break into a new all-time high, taking altcoins higher? Let’s check the charts of the top 10 cryptocurrencies to find out.
Bitcoin’s price prediction
Bitcoin increased dramatically from $ 100,000 on Monday and increased above the moving averages, indicating solid purchases at a lower level.
The 20-day exponential transfer of average ($ 105,154) began to turn away, and the relative index index (RSI) jumped into the positive territory, which signed the bulls returned to the game. The sellers are expected to defend the zone between the downtrend line and the full time of $ 111,980.
If the price drops from the overhead zone but finds support in 20-day EMA, signal that bulls are buying dips. Then the Bulls will try again to alear the overhead zone.
Conversely, a slide below the moving averages suggests a BTC/USDT pair can combine between $ 111,980 and $ 98,200 longer.
Price ether
Ether (Eth) turned up from the $ 2,111 level on Sunday and reached 20-day EMA ($ 2.473) on Tuesday.
The 20-day EMA is raging, and the RSI is just under the middle, suggesting a balance between supply and demand. If the price rises above the moving averages, the ETH/USDT pair can rally at $ 2,738 and then $ 2,879.
Contrary to this assumption, if the price turns from the 20-day EMA and breaks below $ 2,323, it signals that bears are selling at rallies. The pair can then re -retest the solid support to $ 2,111.
XRP price prediction
XRP’s (XRP) sharp bounce off the support of $ 2 on Monday indicates that the bulls are diligently defending the level.
Both moving averages have been flattened out, and the RSI is close to mid-point, signing that the action bound between $ 2 and $ 2.65 can continue within a few more days.
The next trending transfer will likely start if buyers are driving the price above $ 2.65 or the seller pulls the XRP/USDT pair below $ 2. If the support of $ 2 breaks, the pair may drop to the level of $ 1.61. Upside down, a break above $ 2.65 removes the path for a rally up to $ 3 and then $ 3.40.
BNB price prediction
Bnb (Bnb) turned off the support line of the descending channel pattern on Sunday and reached the resistance line on Wednesday.
If consumers do not give up a lot of land from the resistance line, the prospects of a break above the channel will improve. The BNB/USDT pair can climb to $ 675 and, after which, at $ 698.
In particular, a break below $ 625 suggests that the bears are aggressively defending the resistance line. The pair can then leak into the support line near $ 580, extending the stay inside the channel for a few days.
Solana’s price prediction
Solana (Sol) turned up from $ 126 on Sunday and broke up above the breakdown level of $ 140 on Monday.
The recovery faces sale in 20-day EMA ($ 147), but a positive sign does not allow the bulls the price to slide below $ 140. A shallow pullback increases the likelihood of a break above the 20-day EMA. If that happens, the SOL/USDT pair can climb to 50-day SMA ($ 160).
Sellers need to pull and maintain the price below $ 140 support to avoid reversed. The pair could drop to $ 123 and eventually $ 110.
Dogecoin’s price prediction
Dogecoin (Doge) rebounded off the $ 0.14 support on Sunday, but the rally could face the sale in 20-day EMA ($ 0.17).
If the price drops sharply from the 20-day EMA, the bears will make another attempt to pull the Doge/USDT pair below $ 0.14. If they manage that, the pair may fall into solid support at $ 0.10.
Alternatively, if consumers push the price above the 20-day EMA, the next stop may be the 50-day SMA ($ 0.20). Sellers will try to stop recovering in 50-day SMA, keeping the pair within $ 0.14 to $ 0.21 range for more time.
Cardano’s price prediction
Cardano (Ada) rebounded off $ 0.50 support on Sunday, but recovery is likely to deal with sale on moving averages.
If the price drops from the 20-day EMA ($ 0.61), it suggests that bears sell at every minor rally. This increases the risk of a break below the $ 0.50 support. If that happens, the ADA/USDT pair may fall to $ 0.40.
Instead, if consumers pierce the 20-day EMA, the pair can reach 50-day SMA ($ 0.69). Sellers are expected to defend the zone between the 50-day SMA and the downtrend line, but if the bulls prevail, the pair will signal a potential change in trend.
Related: Ethereum ‘Death Cross’ shines on the first time since 2022 ETH Crash Price
Hyperliquid price prediction
Hyperliquid (hype) rushed to 50-day SMA ($ 33.37) on Monday and increased above 20-day EMA ($ 37.13).
If consumers maintain the price above the 20-day EMA, the Hype/USDT pair can move forward to $ 42.50. Consumers may have difficulty pushing the price above $ 42.50 to $ 45.80 resistance to the zone.
At the downside, a break below the 20-day EMA indicates consumer lack of consumer. It opens the doors for the fall in the 50-day SMA and eventually for the important support of $ 30.50.
Bitcoin’s cash price prediction
Bitcoin Cash (Bch) turned up from the 20-day EMA ($ 450) on Wednesday, indicating that the lower level continues to attract consumers.
The price reached the overhead resistance of $ 500, where the bears are expected to mow a strong defense. However, if consumers do not get tired of the bears, it increases the likelihood of a break above $ 500. If that happens, the BCH/USDT pair may move forward to $ 550.
This positive view is invalid in the near term if the price drops and breaks below the 50-day SMA ($ 424). The pair can plunge at $ 375.
Sui’s price prediction
Sui (Sui) turned sharp on Monday and reached the 20-day EMA ($ 2.94) on Tuesday, where the bears were bringing a hard challenge.
The fall of the 20-day EMA and the RSI to the negative territorial signal held by the side. Sellers will try to pull the price towards $ 2.29 to $ 2 support in the zone, but buyers are likely to have other plans.
Bulls will try to arrest the decline and push the price above the 20-day EMA. If they manage that, the SUI/USDT pair can climb 50-day SMA ($ 3.39). Such a move suggests that correction can be completed.
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.
