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Bitcoin

Bitcoin price cools in a week of high federal reserve rate, noise, AAVE, RNDR, FET still looks upward

Main points:

  • Bitcoin’s positive feelings should remain intact if the BTC price remains higher than EMA for 20 days near 92,000 dollars.

  • Many altcoins show ups in bullish plans in time frames for 4 hours and 1 days.

Bitcoin (BTC) returned some gains during the weekend, and the price has returned to the level of hacking of $ 95,000. Buyers will have to successfully retain a level of $ 95,000 to keep the upper momentum.

Bitcoin expert on Bitcoin Timothy Peterson said in a post on X that Bitcoin can rise to the highest new level ever and up to a goal of $ 135,000 in the coming days if certain conditions are met. Peterson believes that the decrease in the CBOE fluctuations index is less than 18 can lead to a “risk environment” for bitcoin. Other decisive points needed for bitcoin gathering are a decrease in interest rates and strong performance in the average months above June and July.

Current currencies, federal reserves, bitcoin price, fluctuation, markets, encrypted currency exchange, interest rate, CBOE, price analysis, market analysis, AAV
Daily encryption market data. source: Coin360

Crystone currency markets may remain volatile in the short term, as traders await the interest rate decision in the Federal Reserve next week. Although the CME Group of the Fedwatch tool highlights a low possibility to reduce average on May 7, the markets may take a decisive step after the event.

Can Bitcoin retain $ 95,000? If so, let us study cryptocurrencies that may move higher in the short term.

Bitcoin prediction

Bitcoin collapsed over the resistance of $ 95,000 on May 1, but the bulls failed to keep the momentum. The price fell from 97,895 dollars on May 2 and reached the level of penetration of $ 95,000.

BTC/USDT Daily Chart. Source: CointeleGRAPH/TradingView

The SIA moving average for 20 days (92,106 dollars) and the RSI Index (RSI) in positive lands indicates that buyers have the edge. If the price recovers from the region between $ 95,000 and EMA for 20 days, the bulls will make another attempt to pay the BTC/USDT pair to $ 100,000.

On the contrary, EMA’s 20 -day break and closure indicates that the more than $ 95,000 gathering may be a bull trap. This increases the risk of declining to the simple moving average for 50 days (86,682 dollars).

BTC/USDT 4 hours graph. Source: CointeleGRAPH/TradingView

The moving averages have been flattened, and the relative strength index near the center point has decreased on the graph for 4 hours, indicating twice the momentum. If the price decreases to less than 95,000 dollars, the husband may go down to 92,800 dollars and then to 91,660 dollars. A break less than $ 91,660 wipes the path to a decrease to $ 86,000.

Buyers will have to drive and keep the price above $ 97,895 to restore control. The husband can climb to 100,000 dollars and then to 107,000 dollars.

Predicting the price of liquid height

HyperleQuid (Hype) faces resistance at $ 21.50, but the positive sign is that the bulls did not give up much of the land.

Current currencies, federal reserves, bitcoin price, fluctuation, markets, encrypted currency exchange, interest rate, CBOE, price analysis, market analysis, AAV
Hype/USDT Daily Chart. Source: CointeleGRAPH/TradingView

EMA indicates a 20 -day board ($ 18.48) and RSI near the excessive area that is purchased that the least resistant path is the upward trend. The closure can start over 21.50 dollars in the next station from moving to $ 25 and then to $ 27.50.

The first sign of weakness will be a break and closes less than the EMA for 20 days, indicating the profit reservation by the bulls in the short term. The noise pair/USDT may decrease to $ 17.35, which is likely to serve as strong support.

Current currencies, federal reserves, bitcoin price, fluctuation, markets, encrypted currency exchange, interest rate, CBOE, price analysis, market analysis, AAV
Hype/USDT 4 hours graph. Source: CointeleGRAPH/TradingView

Bears scrambled at the level of 21.50 dollars, but the bulls did not allow the price to slip to less than 20-ema on the graph for 4 hours. Solid bounce off 20-feature can challenge the public obstacle. If the level of 21.50 dollars is limited, the husband may rise about $ 25.

Instead, if the price breaks 20-ema, the selection of buyers in the short term may be seduced to book profits. This pair can drown to 50-SMA, which is a decisive support for monitoring. If the level is cracking, the husband may go down to $ 17.35.

Predicting AAVE price

AAVE (AAVE) appeared from the moving averages on April 30, indicating that the feelings have become positive and that traders buy from the decreases.

Current currencies, federal reserves, bitcoin price, fluctuation, markets, encrypted currency exchange, interest rate, CBOE, price analysis, market analysis, AAV
AAVE/USDT Daily Chart. Source: CointeleGRAPH/TradingView

The bulls will try to pay the price to the level of $ 196, as it is expected to sell the bears strongly. If the price decreases from $ 196 but finds support in EMA for 20 days, the possibility of a break over the public resistance increases. AAVE/USDT husband can travel to $ 220 and then to $ 240.

If the bears want to prevent the upper direction, they will have to pull the price at a speed of less than the moving averages. If they can withdraw it, the husband may collapse to $ 130.

Current currencies, federal reserves, bitcoin price, fluctuation, markets, encrypted currency exchange, interest rate, CBOE, price analysis, market analysis, AAV
AAVE/USDT 4 hours graph. Source: CointeleGRAPH/TradingView

The husband faces sale near $ 180, but the positive sign is that the bulls have maintained the price above the moving averages. If the price increases from the moving averages and breaks over $ 180, the husband may accelerate about 196 dollars. There is a simple resistance at $ 190, but it is likely to be crossed.

Unlike this assumption, if the price decreases and it collapses less than 50-SMA, it indicates that the bulls reserve the profits. The price may decrease to $ 155 and then to $ 150.

Related to: Ethereum approaches the main bitcoin price level, which has the last time raised 450 % gains

Make a price

Buyers tried to pay the (RNDR) offer over $ 4.87 on May 2, but the bears carried its land.

Current currencies, federal reserves, bitcoin price, fluctuation, markets, encrypted currency exchange, interest rate, CBOE, price analysis, market analysis, AAV
RNDR/USDT Daily Chart. Source: CointeleGRAPH/TradingView

The price has reached the EMA for 20 days ($ 4.31), where the bulls are likely to install a strong defense. If the price is bounced from the EMA for 20 days, it increases the possibility of a break over $ 4.87. If this happens, the RNDR/USDT pair can pick up momentum and climb to $ 6.20.

This positive opinion will be canceled in the short term if the price continues to slip and reduce $ 4.22 support. This opens the doors for SMA for 50 days ($ 3.80), and then, to $ 3.55.

Current currencies, federal reserves, bitcoin price, fluctuation, markets, encrypted currency exchange, interest rate, CBOE, price analysis, market analysis, AAV
RNDR/USDT 4 hours graph. Source: CointeleGRAPH/TradingView

The sellers pulled the price to $ 4.22, an important support to keep it. If the price recovery from $ 4.22 with strength, it indicates the formation of a possible range in the short term. The husband may swing between $ 4.22 and $ 4.87 for some time. A break and closure above $ 4.87 indicates the resumption of the move to the top of about $ 5.52.

On the contrary, if the price continues to decline and less than $ 4.22 collapses, it indicates that the bears are trying to return. The husband may decrease to $ 3.88.

Fetch.ai prediction price

Fetch.ai (Fet) of the upper resistance refused $ 0.84 and reached EMA for 20 days ($ 0.65).

Current currencies, federal reserves, bitcoin price, fluctuation, markets, encrypted currency exchange, interest rate, CBOE, price analysis, market analysis, AAV
Fet/USDT Daily Chart. Source: CointeleGRAPH/TradingView

The bulls will try to withdraw in EMA for 20 days. If the price of the EMA has been recovered for 20 days by force, the FET/USDT pair may reach a level of $ 0.84. A break and closing more than $ 0.84 will open the doors to a possible height to $ 1.09.

Sellers may have other plans. They will try to withdraw the price less than EMA for 20 days. If they can do this, the husband may decrease to SMA for 50 days ($ 0.54), where buyers are expected to intervene.

Current currencies, federal reserves, bitcoin price, fluctuation, markets, encrypted currency exchange, interest rate, CBOE, price analysis, market analysis, AAV
Fet/USDT 4 hours graph. Source: CointeleGRAPH/TradingView

The husband reached decisive support at $ 0.67. If the price rises to $ 0.67, the bears will try to stop the relief pool at the moving averages. If the price decreases from the moving averages and breaks to less than $ 0.67, then this indicates that the bulls have surrendered. The husband can pull to $ 0.60.

Instead, a break over the moving averages indicates demand for low levels. This indicates the formation of a possible range between $ 0.67 and $ 0.80. The upward trend can resume more than $ 0.80.

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.