Bitcoin’s price cools on going to Fed Rate Hike Week, Hype, Aave, RNDR, Fet still looks bullish

Basic Points:

• Bitcoin’s positive emotion should remain intact if the BTC price stays above the 20-day EMA near $ 92,000.

• Many altcoins show bullish chart patterns in 4 hours and 1-day hours.

Bitcoin (Btc) has returned some of the weekends, and the price returned to a breakout level of $ 95,000. Consumers need to successfully handle the level of $ 95,000 to maintain the whole bullish momentum.

Bitcoin Network economist Timothy Peterson said in an X post that Bitcoin could have been in a new full time and Reach a target of $ 135,000 In the next 100 days if certain conditions are met. Peterson believes that a collapse in the CBOE’s volatility index below 18 can trigger a “risk-on environment” that favors Bitcoin. Other important points required for the Bitcoin rally are a fall at interest rates and a stable performance above-average months of June and July.

Cryptocurrency markets can remain a change of mind in close term as entrepreneurs are waiting for the federal reserve upcoming decision on interest rate next week. Although Fedwatch’s tools of the CME group are a low probability of a rate cut on May 7, markets can make a decisive move after the event.

Can Bitcoin hold the retest of a $ 95,000 level? If this is, we will study the charts of cryptocurrencies that can move higher in the near term.

Bitcoin’s price prediction

Bitcoin broke up above $ 95,000 resistance on May 1, but the bulls failed to maintain momentum. The price turned away from $ 97,895 on May 2 and reached a breakout level of $ 95,000.

Surprising 20-day average transfer of average ($ 92,106) and the relative power index (RSI) in the positive territory indicates that consumers have an edge. If the price bounces in the zone between $ 95,000 and the 20-day EMA, the Bulls will make another attempt to push the BTC/USDT pair to $ 100,000.

In particular, a break and near the bottom of the 20-day EMA suggest that the rally above $ 95,000 could be a bull trap. Which increases the risk of a collapse to the 50-day simple transfer of average ($ 86,682).

The moving averages failed, and the RSI dropped near the mid -4 -hour chart, suggesting a weak momentum. If the price drops below $ 95,000, the pair can drop to $ 92,800 and then $ 91,660. A break below $ 91,660 removes the path for a fall to $ 86,000.

Consumers will have to drive and maintain the price above $ 97,895 to regain control. The pair could climb to $ 100,000 and eventually to $ 107,000.

Hyperliquid price prediction

Hyperliquid (Hype) faces resistance to $ 21.50, but one positive sign is that the bulls do not give much soil to bear.

The irritating 20-day EMA ($ 18.48) and the RSI near the overbought zone suggest the path of at least resistance is upside down. A close above $ 21.50 can start the next leg of the up move to $ 25 and then $ 27.50.

The first sign of weakness will be a rest and close to under the 20-day EMA, suggesting reserving the income of short-term bulls. Hype/USDT pair can fall at $ 17.35, which is likely to act as a stable support.

The bears defended the level of $ 21.50, but Bulls did not allow the price to slip below the 20-eum in the 4-hour chart. A solid bounce off the 20-em can challenge the overhead hurdle. If the level of $ 21.50 has been scale, the pair can sink to $ 25.

Instead, if the price destroys the 20-em, select short-term consumers can be tempted to book income. That can sink the pair to 50-sma, which is a critical support to guard. If the cracks level, the pair can drop to $ 17.35.

Predicting the price of a

Ghost (Ghost) up from moving averages on April 30, indicating that emotions have been positive and entrepreneurs are buying dips.

The Bulls will try to push the price to the level of $ 196, where the bears are expected to sell aggressively. If the price drops from $ 196 but finds support in 20-day EMA, the possibility of a rest above the increase in overhead resistance. AAVE/USDT pair can travel at $ 220 and eventually to $ 240.

If the bears want to avoid reversed, they will need to quickly pull the price below the moving averages. If they can pull it, the pair can fall to $ 130.

The pair faces sale near $ 180, but a positive signing is that the bulls keep the price above the moving averages. If the price turns from moving averages and breaks above $ 180, the pair can accelerate up to $ 196. There is a minor resistance to $ 190, but it is likely to crossed it.

Contrary to this assumption, if the price drops and breaks below the 50-sma, it suggests that the bulls book the income. That can pull the price up to $ 155 and subsequent to $ 150.

Related: Ethereum is approaching the key bitcoin price level that last time has sparks 450% acquired

Render a price prediction

Buyers tried to push the render (Rndr) above the $ 4.87 resistance on May 2, but the bears will be held.

The price reaches 20-day EMA ($ 4.31), where bulls are likely to mount a strong defense. If the price falls into 20-day EMA, it increases the likelihood of a break above $ 4.87. If that happens, the RNDR/USDT pair can choose momentum and climb to $ 6.20.

This positive outlook will be neglected in the near term if the price continues to slide and break below $ 4.22 support. It opens the doors for the fall in the 50-day SMA ($ 3.80) and, after which, for $ 3.55.

The sellers pulled the price to the support of $ 4.22, which is an important support to guard. If the price bounces at $ 4.22 with strength, it indicates a possible range of range in the near term. The pair can bewing between $ 4.22 and $ 4.87 for some time. A break and close to the top of $ 4.87 indicates the continuation of moving up to $ 5.52.

Conversely, if the price continues to lower and break below $ 4.22, it suggests that the bears are testing a return. The pair can drop to $ 3.88.

Fetch.ai price of prediction

Fetch.ai (Fet) turned away from $ 0.84 overhead resistance and reached 20-day EMA ($ 0.65).

Bulls will try to arrest the pullback in 20-day EMA. If the price bounces on the 20-day EMA with strength, the fet/USDT pair can reach the $ 0.84 level. A break and near the top of $ 0.84 opens doors for a possible increase to $ 1.09.

Sellers are likely to have other plans. They will try to pull the price below the 20-day EMA. If they manage that, the pair may fall into 50-day SMA ($ 0.54), where consumers are expected to enter.

The pair reached important support at $ 0.67. If the price bounces $ 0.67, the Bears will try to stop the rally on the moving averages. If the price drops from the moving averages and breaks below $ 0.67, it suggests the bulls surrendered. That can be withdrawing the pair up to $ 0.60.

Alternatively, a break above the moving average signals required at the lower level. That suggests a possible range of range between $ 0.67 and $ 0.80. Uptrend can proceed to a close more than $ 0.80.

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.