The Bitcoin, the downfall of the Altcoins while the fear of the trade war struck the markets

Basic Points:

• Bitcoin was pulled below $ 116,000, but select the analysts that expect consumers to walk to the lower level and arrest the decline.

• The select altcoins reach the critical level of support where consumers are expected to mounted a strong defense.

Bitcoin (Btc) attempted a recovery on Friday, but the higher level attracts the sale. That pulled the price under $ 116,000 while short -term entrepreneurs were rushing to the exit.

Analyst StockMoney Lizards said in an X post that BTC had witnessed a shaking in both directions. Despite the correction, the analyst remains bullish, expected BTC to find support around $ 118,000 to $ 119,000.

Veterans Peter Brandt told cointelegraph that “BTC can hit a bull market high on any day today,” if it follows the historical cycle pattern. However, he added that the cycles could change, and there was a 50/50 possibility of the occurrence. In case of counter-cyclicality, Brandt expects BTC to rally up to a high $ 185,000.

What are the critical levels of support and resistance to watch over the BTC and the major altcoins? Let’s check the charts of the top 10 cryptocurrencies to find out.

Bitcoin’s price prediction

BTC returns under the 20-day exponential transfer of average ($ 118,807), which is an important close support for bulls to defend.

If the price scratches the 20-day EMA with strength, the Bulls will try to push the BTC/USDT pair with a full time $ 126,199. A break above the resistance can clear the path for a rally towards $ 141,948.

On the contrary, a nearby 20-day EMA suggests that the bulls are losing grip. The pair can fall into 50-day simple moving average ($ 114,571). That suggests the price of Bitcoin can extend its stay within $ 107,000 to $ 126,199 range longer. Sellers will hit the control at a close below $ 107,000.

Price ether

The failure of the bulls to push the ether (Eth) above the resistance line on Wednesday attracts the solid sales of bear.

The ether price turned away and reached solid support for $ 4,060. Consumers are expected to defend $ 4,060 to $ 3,745 zone support in all they may have since a collapse below it indicates a possible short -term top. The ETH/USDT pair can start a new downtrend towards $ 3,350.

Consumers need to push the price above the resistance line to gain strength. The reversed momentum is likely to choose a near above $ 4,750 resistance.

BNB price prediction

Bnb (Bnb) returned after a strong rally, but DIP finds support near 61.8% level of fibonacci retracement of $ 1,217.

If the price turns from the current level, the Bulls will try to push the price above the overhead resistance of $ 1,350. If they can pull it out, the BNB/USDT pair can continue to put up towards the next target goal of $ 1,440 and then $ 1,642.

The bears are likely to have other plans. They will sell the rallies and pull the price below $ 1,217. If they do that, the price of BNB can be slippery with 20-day EMA ($ 1,123), where bulls are expected to continue their purchases.

XRP price prediction

XRP (XRP) falls near the $ 2.69 support line, which is a critical level for Bulls to defend.

If the price breaks and closes below $ 2.69, the XRP/USDT pair will complete a downward channel pattern. That could speed up the sale and pull the price of XRP to $ 2.33 and eventually $ 2.20.

Consumers need to push and maintain the price above the downtrend line to avoid falling. The failure of a bearish pattern is a bullish sign because it covers aggressive bears, resulting in a short squeeze.

Solana’s price prediction

Solana (Sol) Bouncing from the 50-day SMA ($ 217) on Wednesday, but recovery was short-lived as the bears pulled the price below the moving averages on Friday.

The price of Solana can go down to the support line, which is an important level to defend the bulls. If the price turns from the support line and breaks above the moving averages, it signals that the SOL/USDT pair can remain within the ascending channel pattern for more time.

Alternatively, a break below the support line suggests that the bulls surrendered. It opens the doors for the fall at $ 175.

Dogecoin’s price prediction

Dogecoin (Doge) is taking support for 50-day SMA ($ 0.24), but the failure to start a solid bounce signal of a lack of demand at a higher level.

The Bears will try to sink the price on the line of phase, which is an important support to guard. If the price is bouncing on the line of complement and breaks above the moving averages, it suggests that the ascending pattern of the triangle remains intact. The DOGE/USDT pair can climb to $ 0.27 and later to $ 0.29.

Conversely, a break and close under the lining line is improper bullish. That suggests a dogcoin price can continue to be oscillate between $ 0.14 and $ 0.29 in a few days.

Cardano’s price prediction

Buyers tried to push Cardano (Ada) above the moving averages on Wednesday, but the bears will hold their land.

Sellers will try to pull the price to the support line of the descending channel pattern, where buyers are expected to enter.

Especially, if the price of cardano turns from the current level and breaks above the moving averages, it signals the purchase on the dips. It enhances the prospects of a rally above the resistance line. If that happens, the ADA/USDT pair can start an upward switch to $ 0.95 and later at $ 1.02.

Related: XRP Whales dump $ 50m per day: will it drop the price?

Hyperliquid price prediction

Hyperliquid (hype) fell from the 20-day EMA ($ 47.26) on Thursday and fell under the support of $ 43, which signed negative emotions.

If the price maintains below $ 43, the Hype/USDT pair may decrease at a level of $ 39.68. This is a critical level to watch out as a nearby $ 39.68 will complete a head-and-shoulders pattern. That could start a downward move to $ 35.50 and then $ 32.

Consumers will have to drive a hyperliquid price above the transfer of averages to signal a comeback. The reversed momentum may be taken after consumers pushed the price above the resistance of $ 51.87.

Chainlink price prediction

Chaainlink (Link) is difficult to rise above the resistance line, but a positive sign is that the bulls do not give much soil to bear.

Bulls will try again to clean the overhead barrier. If they manage to do that, a sign that the corrective phase may be completed. Chainlink prices can rally at $ 25.64 and subsequently to $ 27.

This positive view is invalid in the near term if the price drops and breaks below $ 21. That can keep the link/USDT pair within the descending channel for more time.

Sui’s price prediction

Sui (Sui) traded within a falling wedge pattern, which is usually considered a bullish setup if breakout occurs upside down.

The bulls and the bear engaged in a hard battle near the moving averages. If consumers push and maintain the price above the moving averages, the SUI/USDT pair can reach the downtrend line. It is expected that the sellers will be aggressively defending the downtrend line because a rest above it opens doors for a rally at $ 4 and then $ 4.44.

Conversely, if the price turns and breaks below $ 3.30, it suggests that the bears are trying to manage. Sui price may then fall into the support line.

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.