Main Points:
Bitcoin (Btc) Remains lying below a breakout level of $ 109,588, indicating that the bears are fiercely defending the level. Bitfinex analysts said in a market note that earnings generally followed after Bitcoin hit a new all-time high after a sharp rally. The report added that a Lightly secret or companionship will be healthy and lay the foundation for the next leg higher.
The glassnode has a similar look. In its latest report, the market intelligence company said the Kaba -Son of Strength (RSI) has weakened, suggests easing momentumthat can lead to “a potential pause or upside down in the recent bullish trend.”
Even when a correction occurs, the dips are likely to be purchased. The indicators of co-founder Keith Alan remain bullish as Bitcoin continues to trade above $ 100,000, and the whales accumulate. He expects The bitcoin to find support near $ 94,000 level.
What are the critical levels that should be guarded in Bitcoin and Altcoins? Let’s check the charts of the top 10 cryptocurrencies to find out.
Bitcoin’s price prediction
Bitcoin’s failure to maintain more than $ 109,588 levels can attract the sale of short -term businessmen.
Bears will try to pull the price to the 20-day exponential transfer of average ($ 105,453), which is a major level to watch. If the price is bouncing to the 20-day EMA with strength, it suggests that emotions remain positive and entrepreneurs are buying dips. That improves prospects of a retest of $ 111,980 level. If consumers succeed in $ 111,980 resistance, the BTC/USDT pair can move forward to $ 130,000.
Especially, a break and close to under 20-day EMA can strengthen the bear. The pair may fall into the psychological important support of $ 100,000, which is likely to attract solid purchases of bulls.
Price ether
Buyers cannot push the ether (Eth) above $ 2,738 resistance on May 27, but they maintained pressure.
The ETH/USDT pair is formed by a bullish pattern of the triangle pattern, which is completed at a rest and near the top of $ 2,738. Eliminating the path for a rally at $ 3,000 and eventually to the target pattern of $ 3,153.
This optimistic perspective will be neglected in the near term if the price decreases and breaks down the 20-day EMA ($ 2,467). The failure of a bullish setup can trap the aggressive bulls, sinking the pair to $ 2,323 and below to $ 2,111.
XRP price prediction
XRP (XRP) trade between moving averages, indicating a lack of aggressive purchase or sale.
The flat 20-day EMA ($ 2.33) and the RSI just under the midpoint do not provide a clear advantage either to the bulls or bear. If the price sank below the 50-day SMA ($ 2.24), the XRP/USDT pair could dive in support of $ 2. It is expected that consumers will defend the level of $ 2 as a break below can sink the pair to $ 1.61.
Upside down, a break and near the top of the 20-day EMA opens the doors for a rally up to $ 2.65. Consumers will have to drive a pair above $ 2.65 to cope with the price at $ 3.
BNB price prediction
Consumers pushed BNB (Bnb) above the $ 693 resistance on May 27 but will not maintain a higher level.
The price action of the previous days has formed a bullish pattern of the triangular pattern, which is completed at a break and near the top of $ 693. If that happens, the BNB/USDT pair can rallily toward the target pattern of $ 752.
The 20-day EMA ($ 658) is the critical support to guard the downside. A break and close to under 20-day EMA can speed up the sale because aggressive bulls can cover their positions. That can tug a pair to 50-day SMA ($ 622).
Solana’s price prediction
Solana (Sol) is combined within a narrow range between 20-day EMA ($ 169) and the overhead resistance to $ 180.
If the price decreases and breaks down the 20-day EMA, it suggests that the bulls book the income. The SOL/USDT pair can drop to $ 159 and eventually to 50-day SMA ($ 153), which is likely to attract consumers. If the price scratches the 50-day SMA, the pair can swing between $ 153 and $ 180 for some time.
A break and close to the top of $ 180 indicates the continuation of the UP transition. The pair can select momentum and rally at $ 210 to $ 220 resistance to the zone.
Dogecoin’s price prediction
Sellers try to pull Dogecoin (Doge) below immediate support in 20-day EMA ($ 0.22).
If they succeed, the DOGE/USDT pair may drop to horizontal support to $ 0.21. Consumers are expected to defend the level of $ 0.21 in all they may due to a break below it can sink the pair to 50-day SMA ($ 0.19). Such a move carries a large $ 0.14 to $ 0.26 gaming range.
Conversely, a rebound off $ 0.21 suggests that the bulls are diligently defending the level. That could keep the pair within $ 0.21 to $ 0.26 range for a few more days.
Cardano’s price prediction
Buyers managed to keep Cardano (Ada) above the neckline of the opposite head-and-shoulders (H&S) pattern, but the bounce is powerless.
This increases the risk of a break below the 50-day SMA ($ 0.70). If that happens, the ADA/USDT pair may fall into solid support for $ 0.60. That suggests that the markets have rejected the breakout from bullish setup.
Consumers will have to push the price above $ 0.86 resistance to indicate the continuation of the UP transfer. The pair can rally at $ 1.01, where bear can mount a strong defense.
Related: Sui Price Prices at 2x rally in the middle of NASDAQ ETF filing
Sui’s price prediction
Sui (Sui) turned away from the 20-day EMA ($ 3.66) on May 28, indicating that the emotion remains negative and the entrepreneurs are selling at rallies.
Bears will try to sink the SUI/USDT pair to 50-day SMA ($ 3.24), which is a major level to watch. If the price bounces in the 50-day SMA, the Bulls will try to clear the 20-day EMA hurdle. If they can pull it, the pair can rally at $ 3.90 to $ 4.25 overhead zone.
On the other hand, a break and close to under the 50-day SMA suggest that the bears remain controlled. The pair can plunge with $ 2.86 support.
Hyperliquid price prediction
Hyperliquid (Hype) dropped from $ 40 on May 26 and broke below the breakout level of $ 35.73 on May 28.
There is a support of $ 32, but if the level cracks, the hype/USDT pair can expand the slide to 20-day EMA ($ 30). Consumers will try to start a bounce off the 20-day EMA but may face hard resistance to $ 35.73.
The first sign of strength will be a rest and close to the top of $ 35.73. That suggests solid demand at the lower level. The Bulls will then make another attempt to drive the pair to overhead resistance of $ 42.25.
Chainlink price prediction
Chaainlink (Link) Continue to find support in the H&S pattern neckline, but the bulls have failed to start a strong rebound.
The 20-day EMA ($ 15.66) is sinking, and the RSI is close to the middle, indicating a balance between supply and demand. Consumers need to push the price above $ 18 to get the upper hand. If they do that, the link/USDT pair can rally at $ 19.80.
Instead, if the price drops and breaks under the 50-day SMA ($ 14.68), it suggests that the markets have rejected the breakout above the resistance line. The pair can drop to $ 13.20.
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.
