Basic Points:
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Bitcoin faces significant resistance to $ 117,500, indicating that bears are not likely to give up easily.
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Many major altcoins have tried to break above their overhead resistance levels, but the bears will hold their land, which signed a sale at rallies.
Bitcoin (Btc) continues to face significant resistance near $ 117,500, but a positive sign is that the bulls maintain pressure. That suggests that consumers are not in a hurry to exit as they expect a move towards a full time of $ 124,474.
BTC researcher Axel Adler Jr said in an X post that the “market is not too hot or oversold” at the current level. That may result in one to two weeks of integration —sa with before BTC is rising in a new high time.
Many analysts expect BTC to hit a new time high. In the founder of the cryptoverse Benjamin Cowen was told in an interview that the rally could quickly peak after making a new high. When the top is in, Cowen is not ruled A 70% fall in the next bear market.
Can the BTC be broken from its overhead resistance, which is the higher the altcoins? Let’s check the charts of the top 10 cryptocurrencies to find out.
Bitcoin’s price prediction
The BTC stabbed $ 117,500 overhead objection on Thursday, but Bulls could not maintain a higher level.
The irritating 20-day exponential transfer of average ($ 114,457) and the relative index index (RSI) in the positive territory suggests the path of the least resistance is upside down. A close above $ 117,500 opens doors for a rally up to $ 124,474.
Contrary to this assumption, a break below the 20-day EMA signal that the bulls closed their positions with ease. The BTC/USDT pair can drop at $ 110,000, remaining within $ 107,000 to $ 117,500 range longer.
Price ether
Ether (Eth) is formed by a symmetrical triangle pattern, indicating anesthesia between buyers and sellers.
If the price drops and breaks below the support line, signal that uncertainty is resolved in favor of the bears. The ETH/USDT pair could fall to $ 4,060 and, after which, in the target pattern of $ 3,426.
Consumers will return to the driver’s seat if they kick the price above the resistance line. Which improves the prospects of continuing the uprising. The ether price can rally toward the target pattern of $ 5,586.
XRP price prediction
XRP (XRP) turned up from the 20-day EMA ($ 2.99) on Tuesday, but the bulls could not clear the overhead barrier for $ 3.20.
The bears are trying to pull the price below the moving averages to occupy control. If they succeed, the XRP/USDT pair can drop towards strong support to $ 2.73. Such a move suggests a breakout above the downtrend line is a bull trap. A close below $ 2.69 will complete the pattern of the bearish triangular decrease, a path to fall for $ 2.20.
Bulls need to push and maintain the price above $ 3.20 to signal a short-term change in trend. XRP prices can climb to $ 3.40 and ultimately $ 3.66.
BNB price prediction
Bnb (Bnb) Jump at a psychological level of $ 1,000 on Thursday, indicating prolonged demand from bulls.
Bears will try to defend the $ 1,000 level, but if consumers prevail, the BNB/USDT pair can expand the rally to $ 1,090.
The 20-day EMA ($ 915) is the critical support to guard the downside. If the price reblogles in the 20-day EMA, the Bulls will try again to continue the move.
Sellers need to pull and maintain the price below the 20-day EMA to signal strength. The price of BNB may fall into 50-day SMA ($ 855).
Solana’s price prediction
Solana (Sol) turned away from $ 253 on Thursday, indicating that the Bears were aggressively defending the $ 260 level.
The pullback is likely to find support in 20-day EMA ($ 225). If the price scratches from the 20 -day EMA with strength, the Bulls will try again to clear the overhead hurdle at $ 260. If they manage to pull it out, the Sol/USDT pair can be skyrocket towards $ 295.
In particular, a break and near the bottom of the 20-day EMA suggests that the bulls book the income. That can pull Solana’s price to the uptrend line, which is likely to attract consumers.
Dogecoin’s price prediction
Dogecoin (Doge) turned up from $ 0.26 level on Tuesday, but the bulls faced hard resistance from bears to $ 0.29.
If the price rebounds to the $ 0.26 level again, it shows that the bulls are buying each minor sinking. That increases the likelihood of a break above $ 0.31. If that happens, the DOGE/USDT pair can start a new move to $ 0.35 and subsequent to $ 0.44.
Alternatively, a break below the 20-day EMA ($ 0.25) suggests that the bulls surrendered. Dogecoin prices can then fall into 50-day SMA ($ 0.23). That could keep the pair range between $ 0.21 and $ 0.29 for some time.
Cardano’s price prediction
Cardano (Ada) turned down from the symmetrical resistance line of the triangle pattern, which signed that the bears were fiercely defending the level.
If the price bounces on the 20-day EMA ($ 0.87), it shows the purchase on the dips. It enhances the prospects of a rest above the resistance line. If that happens, the ADA/USDT pair can move forward to $ 1.02 and later to $ 1.17.
This positive view is invalid in the near term if Cardano’s price drops sharply and falls below the support line. That suggests the bear is forced by the bulls. The pair may fall towards $ 0.68.
Related: Why is Ether’s price can be 75% compared to New Year’s Bitcoin
Hyperliquid price prediction
Hyperliquid (hype) advanced to a new all-time high of $ 59.41 on Thursday, but the bulls were struggling to maintain a higher level.
The RSI shows the early signs of developing a difference -a bearish variety, which signifies that the bullish momentum can be weakened. Sellers will get the upper hand if they pull the hyperliquid price below the 20-day EMA ($ 52.30). It opens the doors for the fall at $ 49.88 and thereafter in the 50-day SMA ($ 46.41).
Buyers are likely to have other plans. They will try to defend the 20-day EMA to drop. If the Hype/USDT pair turns strongly from the 20-day EMA, the Bulls will try to start the next climb leg towards the target pattern of $ 64.25.
Chainlink price prediction
Chaainlink (Link) turned up from the 50-day SMA ($ 22.69) on Wednesday, but the Bulls faced hard resistance to the downtrend line.
The 20-day EMA ($ 23.71) is sinking, and the RSI is close to the middle, indicating a balance between supply and demand. Consumers need to push and maintain the chainlink price above the downtrend line to clear the path for a rally to a $ 27 level.
On the downside, a break and close below the 50-day SMA signal that the bears are back in the game. The Link/USDT pair can be plummet to the line of phase, where consumers are expected to enter.
Avalanche’s price prediction
Avalanche (Avax) exploded at a large $ 15.27 to $ 27.38 covered in Sept. 10, indicating the start of a new uprising.
The rally pushed the RSI into the overbought zone, which signed a possible integration or correction in the near term. Sellers are trying to stop moving in overhead resistance of $ 36.17.
A shallow pullback will suggest that the bulls hold their positions as they expect the move to continue. If consumers have pierced the level of $ 36.17, the AVAX/USDT pair can rally toward the target pattern of $ 39.49 and then $ 45. This optimistic perspective will be neglected in the near term if the avalanche price decreases and breaks down the bottom of the 20 -day EMA ($ 28.78).
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.
