Key points:
Bitcoin Bulls will have to quickly push the price above the 20 -day EMA to avoid a collapse of $ 105,000.
The shallow setback in selected Altcoins suggests that investors do not rush to sell them, since they anticipate the UP movement to continue.
Bitcoin (BTC) is trying to increase above $ 110,000, but the bears are defending the level. Crypto Market Santiment’s feeling platform said in a report that the mentions of “buying immersion” have increased on social networks, indicating a greater inconvenience. Santiment said a true fund would be formed when there is “generalized fear and lack of interest in buying.”
Another negative for the Bulls is that September has been largely negative for BTC. According to Coinglase data, BTC has closed September in El Rojo eight times since 2013, with an average slide of 3.80%.
Despite seasonal weakness and recoil in BTC and the main alternatives, institutional investors continued their purchases. Digital asset investment products witnessed $ 2.48 billion in tickets last week, reversing $ 1.4 billion at departures in the previous week, according to Coinshares data.
Could BTC go up again over $ 110,530, raising the highest ETH and Altcoins? Let’s analyze the graphics of the 10 main cryptocurrencies to find out.
Prediction of the price of the index S&P 500
The S&P 500 index (SPX) remains in a bullish trend, but the negative divergence in the relative resistance index (RSI) suggests that the uprising impulse is weakening.
The bears will try to pull the price below the 20 -day exponential mobile average (EMA (6,418). If they can achieve it, the index could fall to the simple 50 -day mobile average (SMA) (6,316) and then at the level of rupture of 6,147.
Buyers are expected to defend the area between the 50 -day and 6,147 SMA because a break below it indicates a higher short -term part. The correction could be deepened to 5.950.
Prediction of the price of the US dollar index
Buyers pushed the US dollar index (DXY) above mobile averages on August 25, but could not maintain the highest levels.
The index turned and closed below mobile averages on Thursday, indicating that the Bears are trying to win the advantage. There is a minor support in 97.55, but if the level is broken, the next stop could be 97.10 and then 96.37.
Bulls will quickly kick the price above level 99 to avoid disadvantage. If they manage to do that, the index could reach the level of 100.50. Sellers will try to defend the level of 100.50, but if the bulls prevail, the rally could reach resistance 102.
Bitcoin pricing prediction
BTC submerged below the $ 110,530 support on Friday, indicating that the Bears are trying to take care.
It is unlikely that bulls give up easily and try to return. They will try to return the price above the EMA of 20 days ($ 112,566), but they are expected to face a significant resistance of the Bears.
If the BTC/USDT par is abruptly reduced from the 20 -day EMA, it points out a negative feeling. That increases the possibility of a fall to $ 105,000 and then to $ 100,000.
Alternatively, a break and closing above the 20 -day EMA suggests that the sale dries at the lowest levels. The price of Bitcoin can rise to the 50 -day SMA ($ 115,918).
ETHER PRICE PREDICTION
ETH (ETH) has witnessed a hard battle between the Bulls and the Bears in the 20 -day EMA ($ 4,378).
The 20 -day EMA and the RSI near the midpoint do not give a clear advantage either to the bulls or the bears. If the price skates below the EMA of 20 days, the ETH/USDT torque could fall to $ 4,094. This is a critical level for the Bulls to defend themselves because a break under opens the doors for a fall at $ 3,745 and then at $ 3,350.
On the positive side, buyers will have to boost the price of the ether above the resistance of $ 4,957 to indicate the resumption of the upward trend. The couple could shoot around $ 5,500.
XRP price prediction
XRP (XRP) continued its slide to reach the crucial support of $ 2.73, where buyers are expected to intervene.
It is likely that any attempt to recover in front of the sale in the 20 -day EMA ($ 2.94). If the price is abruptly reduced from the 20 -day EMA, the XRP/USDT pair runs the risk of falling below the $ 2.73 support. The XRP price will complete a bass descending triangle pattern, clearing the way for a collapse at $ 2.33.
Buyers have a uphill task ahead. They will have to press and maintain the XRP price above the bearish trend line to indicate a return. The couple can rise to $ 3.40.
BNB price prediction
Buyers are trying to maintain BNB (BNB) above the 20 -day EMA ($ 847), but it is unlikely that bears easily surrender.
The negative divergence in the RSI suggests that the 20 -day EMA is at risk of breaking. If that happens, the BNB/USDT pair could fall towards the 50 -day SMA ($ 804).
Contrary to this assumption, if the price appears of the EMA of 20 days and is broken above $ 881, it indicates that the Bulls maintain control. This improves the prospects for a break above $ 900. The price of BNB can begin the next stage of the upward trend towards the psychological level of $ 1,000.
Solana pricing prediction
Solana (Sol) rejected and broke below the rupture level of $ 210 on Friday, indicating that the bears are trying to catch aggressive bulls.
It is likely that the sun/USDT torque finds support in the area between the 20 -day EMA (195) and the bullish trend line. If the price bounces in the line of bullish trend with the force, the bulls will try to drive the torque above $ 218. If they manage to do that, the Solana price could increase to $ 240 and later to $ 260.
On the contrary, a rupture and near the line of uprising trend invalidates the bullish rising triangle pattern. That could intensify the sale, taking the couple to $ 175 and then at $ 155.
Related: Will the XRP price fall for $ 2 or inverse course?
Dogecoin pricing prediction
Dogecoin (Doge) has fallen back to the support of $ 0.21, indicating that the bears are selling in minor demonstrations.
The EMA of 20 days ($ 0.22) has begun to gradually reject, and the RSI is just below the midpoint, indicating that bears have a slight advantage. That increases the risk of a break below $ 0.21. The Dogado/USDT pair can fall to $ 0.19.
This negative view will be invalidated in the short term if the price appears abruptly $ 0.21 and is broken above the 50 -day SMA ($ 0.22). That suggests that the price of Dogecoin can increase between $ 0.21 and $ 0.26 for a few more days.
Cardano Price Prediction
Buyers tried to stop cardano (ADA) in the 50 -day SMA ($ 0.82), but the bears maintained their sales pressure.
The ada/USDT closed below the 50 -day SMA on Sunday, starting the movement towards the support line of the descending channel pattern. Buyers will try to defend the support line, but the relief rally is expected to face the sale of 20 days ($ 0.84). If the price is sharply reduced from the 20 -day EMA, the probability of a drop at $ 0.68 increases.
Buyers will have to boost the price of Cardano above the bearish trend line to indicate a return. The couple could meet at $ 1.02.
Chainlink pricing prediction
Chainlink (Link) fell below the 20 -day EMA ($ 23.45) on Saturday, and the bears frustrated the attempts of the Bulls to push the price above the level on Sunday.
Sellers will try to strengthen their position when reaching the price of the chain at $ 21.36 and then at the 50 -day SMA ($ 20.69). Buyers are expected to defend the 50 -day SMA because a rupture underneath can sink the torque/USDT to the bullish trend line. The higher the setback, the more time the next stage of the upward trend is likely to begin.
The first sign of force will be a closure above the 20 -day EMA. That suggests solid purchases at lower levels. Bulls will have to clear the resistance to the general expenses of $ 27 to resume the upward trend.
This article does not contain advice or investment recommendations. Each investment and trade movement implies risk, and readers must carry out their own investigation by making a decision.
