Main points:
-
Bitcoin has made the highest new level ever, but Bulls will have to maintain the highest levels of momentum to capture.
-
Many Altcoins wore their support levels, indicating a positive feeling.
-
Analysts expect Bitcoin to maintain its positive momentum and rise above $ 200,000 by the end of the year.
Bitcoin (BTC) rose to the highest new level ever on May 21 to alleviate the macroeconomic fears and continued flows in the boxes circulating on the stock market in the United States. Analysts expect the momentum to continue and bitcoin will rise to $ 200,000 by the end of the year.
There is some blowing between analysts about the declining difference, which leads to a double pattern. However, Swissblock Technologies, Swissblock Technologies, said in a post on X that the main Bitcoin index does not show any declining difference, and the power of ONChain remains intact.
Bitcoin is about to form a “golden cross” on the daily chart, which is generally followed by sharp gatherings, except for the few cases in which the pattern failed. The Bitcoin power is expected to improve feelings in the cryptocurrency sector, making several altcoins higher.
What are the potential target levels of Bitcoin? Can Altcoins be broken over the general resistance levels of each? Let’s analyze the plans from the 10 best encrypted currencies to discover this.
Bitcoin prediction
Bitcoin rose over the general resistance of $ 109,588, but the bulls are struggling to maintain the higher levels, as it appears from the long wick on the candlestick.
The isolated moving averages and the RSI indicator in the excessive area indicate that the bulls control. If the price is closed above 109,588 dollars, the BTC/USDT pair can pick up the momentum and rise about $ 130,000.
The Si -20 -day moving average (101,958 dollars) is the decisive support to monitor it on the downside. The 20 -day EMA break will be the first sign that the bulls reserve the profits in a hurry. This increases the risk of discontinuation of psychological support of $ 100,000.
Predicting the price of ether
Buyers are trying to maintain the ether (ETH) above the level of $ 2,550, but they face great resistance from the bears.
EMA indicates 20 days ($ 2,334) and RSI near the negotiating area that buyers control. The ETH/USDT pair is likely to picked the momentum at a break above $ 2739. This wipes the path to the gathering to 3000 dollars.
Unlike this assumption, the break and closure of EMA signals for 20 days until the bears returned to the game. The husband can stumble to $ 2,111, which is likely to attract solid purchase by bulls.
XRP prediction price
XRP (XRP) is witnessing a difficult battle between buyers and sellers in EMA for 20 days ($ 2.35).
It does not give EMA for 20 days and RSI near the center point is a clear advantage either for bulls or bears. If the price reduces the EMA for 20 days, the XRP/USDT pair may remain within the $ 2 to $ 2.65 for a period of time.
Instead, if the price rises sharply from the EMA for 20 days and more than $ 2.65 is broken, the advantage will tend to the bulls. The husband can gather to $ 3, and then, to $ 3.40, where sellers are expected to install a strong defense.
Predicting BNB Price
BNB (BNB) kept the EMA support for 20 days ($ 639) while declining, indicating the purchase of DIPS.
The bulls will try to pay the price above $ 693, but it is expected that it will face strong sale by the bears. However, if buyers are scived on their way, the BNB/USDT husband may rise to public resistance at $ 745.
This optimistic view will be canceled in the short term if the price decreases from the current level or public resistance and breaks less than 20 days of EMA. The husband can sink to SMA for 50 days ($ 609).
Predicting at the price of Solana
Sellers failed to withdraw Solana (Sol) less than EMA for 20 days ($ 164), indicating demand for lower levels.
The bulls will try to pay the price above the public resistance amounting to $ 185. If they can withdraw it, the Sol/USDT husband may accelerate the target of $ 210 and $ 220.
If the sellers want to prevent the upper direction, they will have to block the price at a speed than EMA for 20 days. The pair can slip to $ 153 and then to SMA for 50 days ($ 145). This indicates a possible range between $ 120 and $ 180.
Predicting the price of Dogecoin
Dogecoin (DOGE) wore a $ 0.21 penetration level, indicating that buyers are active at lower levels.
EMA is heading for 20 days ($ 0.21), and RSI in the positive area, indicating that buyers are driving. DOGE/USDT pair can gather at a level of $ 0.26, which may attract sellers. If the price decreases sharply from public resistance, the husband may make a narrow range ranging from $ 0.26 and $ 0.21 for some time.
On the contrary, a break and closure of more than $ 0.26 indicates the start of the next station of UP. The husband can rise to $ 0.35.
Cardano prediction
The ADA (ADA) was kept over the neck line to the opposite and shoulder style (H&S) while declining.
EMA, which can accommodate 20 days ($ 0.74) and RSI in the positive area, indicates that the bulls have an edge. Buyers will have to pay the price above $ 0.86 to indicate the resumption of the upward trend. The ADA/USDT pair can rise to $ 1.01.
This positive offer will be nullled in the short term if the price rejects and reduces SMA for 50 days ($ 0.69). This indicates that the bulls lose their grip, which increases the risk of a decrease to $ 0.60.
Related to: Bitcoin intervenes “acceleration” similar to BTC price gains after Trump’s electoral victory
SUI price prediction
Sui (SUI) fell on EMA support for 20 days ($ 3.73), indicating a positive feeling.
EMA indicates 20 days and RSI in the positive area is a feature for buyers. The Sui/USDT pair can reach an obstacle of $ 4.25, where the sellers are expected to intervene. If buyers do not abandon the bears, it increases the possibility of a break above $ 4.25. The husband may rise to $ 5.
The 20 -day EMA is the decisive support to monitor it on the downside. EMA lounge and closure for 20 days for the pair to SMA can be drowned for 50 days ($ 3.04).
ChainLink price prediction
The buyers successfully defended the neckline of the H & S in -refinement in Chainlink (Link), indicating the purchase of declines.
The bulls try to strengthen their position by paying the price over the resistance line. If they can do this, the USDT’s bond pair may gather to $ 18. The sellers will try to stop the move up at $ 18, but the gathering may extend to $ 19.80 if the bulls prevail.
Time runs out for bear. If they want to return, they will have to quickly go out of the price below 50 days from SMA. The husband may remain inside the canal for another few days.
Prediction the collapse price
Avalanche (AVAX) got support in SMA for 50 days (20.88 dollars), indicating that the bulls are trying to form a higher low.
Buyers will have to drive and keep the price over $ 23.50 to get the upper hand. AVAX/USDT husband can reach $ 26.84, which may serve as an obstacle. If the buyers are defeated at the $ 26.84 barrier, the husband may rise to $ 31.73 and then to $ 36.
Unlike this assumption, if the price decreases from public resistance and less than SMA breaks for 50 days, this indicates that the bulls have surrendered. The pair can decrease to $ 18.50.
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.
Related Articles
