Main points:
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Bitcoin faces a significant sale near its highest level ever, but bulls keep the price above $ 120,000, indicating strength.
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The ether remains strong above the level of collapse of $ 4,094, which opens the doors for more gathering.
Bitcoin (BTCIt rose above 122,000 dollars on Monday, but the long wire on the candlestick shows that the bears are strongly defending the highest level at all times of $ 123,218. However, if buyers do not give up many lands to the bears, BTC will remain on the right track to strike the highest new level ever.
Founding investors also turned into a positive on Wednesday, as BTC trading boxes witnessed $ 91.55 million in net flows. the Flows accelerate on Thursday and FridayRegister 280.69 million dollars and 403.88 million dollars, respectively, for all Sosovalue data.
BTC’s bullish feelings were launched on the entire encrypted currency sector with many ALTCOINS higher charging, led by ETHER (Eth).
Bitmex founder Arthur Hayes, who sold 2,373 ETH just a few days ago when the price was approaching $ 3507, he reshaped all of this in a A much higher price is about $ 4,150According to the participation of X.
Can BTC Breakout to the highest new level ever? Will Altcoins BTC follow higher? Let’s analyze the plans from the 10 best encrypted currencies to discover this.
S & P 500 predicts the price of the index
The S& P 500 (SPX) index was reduced without a simple moving average for 20 days (6331) on August 1, but the bulls quickly recovered the level on August 4.
The bulls will try to resume the upward trend by paying the price above 6,427. If they can do this, the index may rise to 6500 and then to 6,696.
The first sign of weakness will be a break and close under SMA for 20 days. This indicates profit reservation at higher levels. The index may then reject the 6,147 penetration level. Buyers are expected to defend 6,147 levels with all its strength because the lounge below it indicates a possible short -term summit.
Predicting the price of the US dollar index
The US dollar index (DXY) is trying to find support near the moving averages, but the long wick on a candlestick on Monday shows that the bears are selling on the gatherings.
If the price decreases less than 97.94, the bears will try to pull the index to 97.10. Buyers are expected to defend the area between 96.37 and 97.10 severely because a break below it opens the doors to a decrease to 95.
In the upward direction, buyers will have to pay the price above 99.32 to suggest that the bears lose their grip. The index can rise to 100.54 and 102. The sellers are likely to constitute a strong challenge at the level of 102.
Bitcoin prediction
BTC collapsed over the landline line on Sunday, and the Bulls team continued to momentum on Monday, reaching 12235 dollars.
Bears try to protect the highest level ever at $ 123,218, but the positive sign is that the bulls have maintained pressure. This reinforces the possibility of a break above 123,218 dollars. If this happens, the BTC/USDT pair may rise about $ 135,000.
Related to: BTC price to fill the 117K CME gap? 5 things to know in Bitcoin this week
The first sign of a break will be a break and closes less than 20 days of SMA ($ 116,795). This indicates the formation of a possible scope in the short term. The Bitcoin price can swing between $ 111,920 and 123,218 dollars for a period of time. The husband will indicate a short -term reflection of less than $ 110,530.
Predicting the price of ether
ETH picked up its momentum after breaking it over $ 3745 on Thursday, and the Bulls team scanned the upper Aqaba at 4,094 dollars on Saturday.
The bears are unlikely to surrender easily and will try to pull the price to below $ 4,094. If they can do this, the ETH/USDT pair may decrease to SMA for 20 days ($ 3,793). The SMA solid for 20 days indicates positive feelings, which increases the possibility of moving to $ 4,868.
The sellers will have to sink the price of ETHER less than SMA for 20 days to get the upper hand. A short -term reflection will be indicated at a break less than $ 3,350.
XRP prediction price
Xrp (XrpIt rose from $ 2.90 on Wednesday and rose over SMA for 20 days ($ 3.10) on Thursday.
The bears stopped moving up at $ 3.38 on Friday, but a positive sign is that the bulls did not allow the price to retreat to less than 20 days of SMA.
If the price is more than $ 3.38, the XRP/USDT pair may go about $ 3.66. Sellers are expected to defend strongly for a level of $ 3.66, but if the bulls have their way, the gathering may extend to 4 dollars and then to $ 4.50.
On the contrary, if the price continues to decrease and SMA decreases for 20 days, it indicates that the bears remain active at higher levels. XRP price can find SMA for 50 days ($ 2.81).
Predicting BNB Price
BNB (BNBIt has been held higher than the level of $ 794 in the past two days, but the bulls are struggling to keep the price above 815 dollars.
Moving averages in slipping and Rsi In the positive area it indicates that the bulls have an edge. If the price rises to $ 794 and more than $ 828 rises, the BNB/USDT pair may rise to $ 861.
Instead, if the price decreases and the SMA collapses for 20 days ($ 785), it indicates the profit booking at higher levels. BNB price may decrease to strong support at $ 732, as buyers are expected to intervene.
Predicting at the price of Solana
Solana (TellerSMA penetrated for 20 days ($ 176) on Saturday and reached public resistance at $ 185.
The bulls will try to pay the price over $ 185 and gain the upper hand. If they do, the Sol/USDT husband can rise to $ 195 and then to $ 209. The sellers are expected to install a strong defense at $ 209.
On the contrary, a 20 -day SMA break -up lounge until the bears strongly defends $ 185. The Solana price to SMA can decrease for 50 days ($ 166) and then to strong support at $ 155.
Predicting the price of Dogecoin
Dogecoin (DodgeIt rose over SMA for 20 days ($ 0.22) on Friday, but the bulls are struggling to pay the price to $ 0.26.
If the price decreases and slides below SMA for 20 days, the DOGE/USDT husband may go down to SMA for 50 days ($ 0.20). This indicates uniformity between $ 0.25 and $ 0.19 for some time.
If the price is bounced from SMA for 20 days and breaks over $ 0.25, Dog may collect to $ 0.29. On the negative side, the collapse can be drowned less than $ 0.19 in the pair to $ 0.16 and at the end to $ 0.14.
Cardano prediction
Cardano (Lead(SMA rose for 20 days ($ 0.77) on Friday, indicating that buyers return.
The sellers tried to pull the price to below SMA for 20 days on Sunday, but the bulls were carried on their land. He met the bounce of SMA for 20 days on Monday, by pressing at higher levels.
Break and closing the bottom of SMA for 20 days weakens the bullish momentum. Cardano price may descend to SMA for 50 days ($ 0.71).
Buyers will return to the driver’s seat if they lead the ADA/USDT pair over $ 0.86. This opens the gates to prepare to $ 0.94.
Predicting the price of liquid height
The liquid has recovered in the past few days, indicating aggressive purchase at lower levels.
The noise pair/USDT is witnessing a difficult battle between bulls and bears in the support line of the up -to -up canal style. If the price drops from the support line, the noise price may decrease to the moving averages. The reversal increases the moving averages from the possibility of a crowd to $ 50, and then, to $ 62.50.
Instead, a break and closure at the bottom of the moving averages indicate that the bears are trying to seize control. The husband may decline to $ 35.50.
This article does not contain investment advice or recommendations. Each step includes investment and risk trading, and readers must conduct their own research when making a decision.
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