Basic Points:
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Bitcoin remains above $ 100,000, but consumers find it difficult to maintain prices of over $ 105,000.
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Strong Altcoin performances suggest an altseason began.
Bitcoin (Btc) traded above $ 103,000, along with consumers who attempted to drive the price at a full time $ 109,588. The research company Santiment said in an X post with Bitcoin’s whales and sharks, holding 10 to 10,000 Bitcoin, Accumulated 83,105 Bitcoin in the past 30 dayssuggesting that “can be time of time” before getting the full time of bitcoin.
In conjunction with Bitcoin, analysts gradually become positive in the altcoins. A host of factors, such as the fall of Bitcoin and USDT dominance and a rally in select altcoins, suggests that a The Altcoin period may be around the corner.
However, not all are bullish in the short term. CEO of Alphractal Joao Wedson said in an X post that Bitcoin is in the “Alpha Price” zone, which can be attracted Booking income by long-term holders or whales.
Can Bitcoin challenge all the time high? Will the Altcoins continue their rally even when combined with Bitcoin? Let’s check the charts of the top 10 cryptocurrencies to find out.
Bitcoin’s price prediction
Bitcoin rebounds $ 100,718 on May 12, indicating that bulls are trying to flip the psychological precious $ 100,000 level in support.
If the price retains more than $ 100,000, the possibility of a retest of all-time high increases. There is a tough resistance to the $ 107,000 to $ 109,588 zone, but if it crosses, the BTC/USDT pair can be skyrocket at $ 130,000.
The risk risk is a sharp pullback below the 20-day exponential transfer of average ($ 98,407), which can tempt some short-term consumers to book revenue. That can sink the pair to 50-day simple moving average ($ 89,952).
Price ether
Ether (Eth) Skyroketed above $ 2,550 resistance on May 13, but the higher level attracts sellers.
The overbought level at RSI has signed a possible correction or integration in the near term. If the price slides below $ 2,550, the bears will try to strengthen their position by pulling an ETH/USDT pair below $ 2,400. If they can pull it, the pair can expand the pullback to 20-day EMA ($ 2,147).
In particular, a bounce off $ 2,550 indicates that bulls buy every minor. This enhances the possibility of a rally at $ 3,000.
XRP price prediction
XRP’s (XRP) The rally faces resistance to $ 2.65, but one positive sign is that the bulls are not ceded ground in the bears.
That improves the prospects of a rally above $ 2.65. Once the resistance is scale, the XRP/USDT pair can climb to $ 3. Consumers are expected to deal with significant resistance from bears to $ 3 to $ 3.40 zone.
The 20-day EMA ($ 2.32) is the important support to guard the downside. If the price drops sharply from $ 2.65 and breaks below the 20-day EMA, it suggests that the bears remain seller at rallies. That could result in a setting range between $ 2.65 and $ 2.
BNB price prediction
Buyers keep BNB (Bnb) above the breakout level of $ 644 but it is difficult to push the price above the $ 675 level.
The rising 20-day EMA ($ 627) and the RSI in the positive territory indicate that consumers have one side. A break and near the top of $ 675 opens doors for a possible rally in overhead resistance of $ 745.
This positive outlook is not valid in the near term when the price decreases and breaks down the 20-day EMA. If that happens, the BNB/USDT pair may drop to 50-day SMA ($ 603).
Solana’s price prediction
Solana (Sol) resumed its move after the break above the $ 180 resistance on May 13, but the bulls had difficulty touching the higher level.
Bears pulled the price back to the bottom $ 180 on May 14. If they maintain a lower level, the SOL/USDT pair can skid in 20-day EMA ($ 159). A solid bounce off the 20-day EMA suggests bullish momentum remains intact. The Bulls will try to scatapult the pair at $ 210.
Especially, a break and close to under 20-day EMA signals that the breakout above $ 180 can be a bull trap. The pair could then fall to $ 153.
Dogecoin’s price prediction
Dogecoin (Doge) bouncing from a breakout level of $ 0.21 on May 13, signing that the bulls were trying to keep the support level.
The 20-day EMA ($ 0.20) began to turn away, and the RSI was close to excessive territory, indicating the advantage of consumers. A break and near above $ 0.26 indicates the continuation of the rally. It opens the doors for a rally at $ 0.28 and thereafter at $ 0.31.
Instead, if the price drops and breaks below $ 0.21, it suggests a lack of demand at a higher level. The DOGE/USDT pair may fall into 50-day SMA ($ 0.17), which is likely to act as strong support.
Cardano’s price prediction
Buyers successfully held the Retest of the Cardano neckline (Ada), indicating the purchase of dips.
Bulls will try to continue moving UP by pushing the price above $ 0.86. If they manage that, the ADA/USDT pair can choose a momentum and rally towards the target pattern of $ 1.01.
This optimistic view will be neglected in the near term if the price drops and breaks below the neckline. That suggests that bears are excessive of bulls. That can sink the pair to 50-day SMA ($ 0.68).
Related: Ethereum has reekes 10% sharing in the market, but should not be celebrated by Bull Bulls
Sui’s price prediction
Sui (Sui) has been sandwiched between $ 4.25 and $ 3.90 in recent days, indicating that the bulls are holding their positions as they expect another leg higher.
If consumers are pushing the price above $ 4.25, the SUI/USDT pair can choose momentum and advance to $ 5. Consumers may find it difficult to clear the overhead zone between $ 5 and all time high $ 5.37.
Alternatively, if the price drops and closes below $ 3.90, it suggests that the bulls book revenue. The pair can drop to 20-day EMA ($ 3.57), which is likely to attract consumers. If the price is bouncing in the 20-day EMA, the Bulls will make another attempt to overcome the barrier to $ 4.25.
Chainlink price prediction
Chainlink’s (Link) The move is faced with sale in the resistance line, but a minor positive is that the bulls do not give much land to the bear.
The irritating 20-day EMA ($ 15.43) and the RSI near the overbought zone indicate the path of at least resistance is upside down. A short-term change can be signed if consumers pierce the resistance line. Link/USDT pair can rally toward the target goal of $ 21.30.
Sellers need to play the price below the neckline to gain strength. That can pull the pair to 50-day SMA ($ 13.96). A break and close to the bottom of the 50-day SMA suggest that the pair can stay inside the descending channel pattern for more time.
Avalanche’s price prediction
Avalanche (Avax) Bouncing from a breakout level of $ 23.50, indicating that the bulls were that the support level was —flip.
There is a minor resistance to $ 28.78, but it is likely to cross. If that happens, the AVAX/USDT pair can rally at $ 31.73 and subsequent to $ 36.
The 20-day EMA ($ 22.63) is the critical support to watch over the downside. If Bears wants to make a comeback, they will need to quickly pull the price below the 20-day EMA. The pair can slide at $ 19, which is likely to attract consumers.
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.
