The 5 best encrypted currencies to watch in the short term

Main points:

• Bitcoin is still stuck less than $ 105,000 during the weekend, but the downside looks limited.

• It is possible that any relief gathering in Bitcoin ETH, LYGE, Tao and QNT are higher.

Bitcoin (BTC) is still stuck below $ 105,000 during the weekend, indicating that the sellers kept their pressure.

“Some of the Bitcoin requests may reach a short -term summit, which may mean stopping in the current assembly,” said Cryptoquant in his last report, which was sent to Cointelegraph.

On the negative side, analysts expect bitcoin to find support at a decisive psychological level of $ 100,000. Even if the crack level is, the downside appears limited. Glassnode data shows that the short -term price is $ 96,000. Historically, Bitcoin has not been preserved less than the short -term price for a long time during the bull stages.

The upcoming expectations are not limited to bitcoin alone. The chosen analysts believe that the ETHER (ETH) chart patterns indicate the start of the next altcoin season, which may lead to a large gathering in Altcoins if history repeats itself.

Can Bitcoin start a relief raising about $ 109,588, making Altcoins higher? If so, let’s take a look at the cryptocurrency that looks strong on the charts.

Bitcoin prediction

Bitcoin without the Si -moving average decreased for 20 days (105232 dollars) on May 30, indicating the weakening of the bullish momentum.

The bulls are trying to pay the price back over the EMA for 20 days, but it is possible that the sale is likely to face at higher levels. If the price decreases from EMA for 20 days, the BTC/USDT pair may decrease to $ 100,000. The bulls are expected to defend the level of $ 100,000 with all its strength because the decline below may start in the direction of a decline of about 93,000 dollars.

EMA Flattish for 20 days and the RSI index, near the center point, refers to a possible term in the short term. Buyers will have to lead the husband over 111,980 dollars to open the doors for a march to $ 130,000.

Each of the moving averages rejects, and RSI in the negative area, indicating a slight edge on the bears. The sellers will try to stop the recovery in 20-ema. If they can do this, the husband can refuse and collapse without support of $ 103,000. This wipes the path to a slide to $ 100,000.

On the other hand, a break and closure above 20-feature indicates that the bulls are trying to return. The pair can then rise to the simple moving average 50, which is likely to attract sellers.

Predicting the price of ether

The Ether returned to EMA for 20 days ($ 2,496) after failing to maintain the public resistance of $ 2738 on May 29.

Buyers were able to defend EMA for 20 days, but failure to start a strong recovery increases the risk of collapse. If this happens, the ETH/USDT pair may decrease to $ 2,323. Buyers are expected to defend the level because the break below may deepen the withdrawal to SMA for 50 days ($ 2,133).

Instead, if the price rises sharply from the current level, it indicates the purchase of the decreases. The bulls will then make another attempt to purify the Alawqa Alawite at $ 2738. If she succeeds, the husband may gather to $ 3,000 and then to 3,253 dollars.

The graph for 4 hours shows that the husband merges between $ 2,462 and $ 2,738 for some time. Shipping 20-Daya and RSI in a sign of the negative area that has the top hand. If the cracks are $ 2,462, the pair may decrease to $ 2,323.

Instead, if the price rises and separates from the moving averages, it indicates that the procedure associated with the domain may last longer. Buyers will return to the driver’s seat at a break above $ 2800.

Predicting the price of liquid height

Hype withdrew sharply from $ 40 on May 26, but he finds support in EMA for 20 days ($ 30.76).

This indicates a positive feeling, as it buys the bulls from the decreases. The bulls will have to pay the price above $ 35.73 to enhance their position. If they can do this, the noise pair/USDT may gather to $ 40 and eventually to $ 42.25.

This optimistic view will be canceled in the short term if the price decreases from the current level and reduces EMA for 20 days. The husband can go down to the level of penetration of $ 28.50.

The bulls are trying to push the husband over 20-day, but they face severe resistance from the bears. If the bulls prevail, the husband can rise to the public resistance of $ 35.73.

Unlike, if the price decreases from 20-ema, it indicates that the bears are trying to take responsibility. The sale can accelerate a break and close less than $ 30.59. The husband may go down to $ 28.50.

Related to: Here is what happened in Crypto today

Petinsor prediction price

BitTensor (TAO) appeared sharply from SMA for 50 days ($ 379) on May 31 and reached a general resistance of $ 495.

The sellers successfully defended the level of $ 495, but if the price remains over the EMA for 20 days ($ 421), it indicates that the bulls buy the declines. This increases the possibility of a break and closing more than $ 495. If this happens, the Tao/USDT pair will complete a steadfast style of the opposite and shoulder. The husband can then rise to $ 589 and then to $ 720.

Sellers may have other plans. They will try to pull the price less than EMA for 20 days and the SMA challenge for 50 days. Break and closure below SMA for 50 days tends a feature in favor of the bears.

20-ema started to appear gradually, and RSI near the center point, indicating a simple advantage of bullies. If the price is from 20-Day by force, the husband may rise to $ 460. The sellers will try to stop the move up at $ 460, but if the bulls have their way, the husband may reach $ 480.

Unlike this assumption, a break and closure of less than 20-ema indicates that the bulls lose their grip. The husband may descend to $ 396 and then to $ 366.

Predicting the amount of price

Quant (QNT) rejected $ 120 on May 28, but withdrawal finds support in EMA for 20 days ($ 101).

The isolated moving averages in the RSI in the positive area indicate that the less resistance path is the upper direction. If buyers are driving the price above $ 120, the QNT/USDT pair may gather to $ 142. There is resistance at $ 124, but it is likely to be crossed.

On the contrary, if the price decreases and it collapses less than EMA for 20 days, it indicates that the bears have seized control. This opens the gates to drop to SMA for 50 days ($ 87).

20-day has been flattened, the relative strength index is near the center point, indicating a balance between supply and demand. Buyers will have to pay the price exceeding $ 113 to seize control. The husband can then gather to $ 120.

The first sign of weakness will be a break and close less than 50-SMA. This increases the risk of support for $ 103. If this happens, the husband can falter to solid support at $ 92.

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.