Key points:
Bitcoin runs the risk of falling into the range of $ 105,000 to $ 100,000 over the weekend.
Ether has retired in the short term, but remains above the crucial support of $ 4,094.
Bitcoin (BTC) fell about $ 108,100 on Friday, its lowest level since July 8. That suggests that bulls are losing their control. Veteran merchant Peter Brandt said in an X post that BTC needs to return above $ 117,570 to “rule out the last 7 weeks as a possible double upper part.”
Despite short -term weakness, Red Timothy Peterson’s economist sounded optimistic about BTC’s prospects for the rest of the year. In an X publication, Peterson said BTC has increased 70% of the time in the last four months prior to Christmas, registering an average profit of 44%.
BTC’s uncertainty seems to be promoting investors towards Ether (ETH). Since August 21, funds listed on the BTC stock market have registered around $ 350 million in tickets, while ETFs ETH has seen $ 1.87 billion in tickets, according to Coinglass.
Nansen’s research analyst Nicolai Sondergaard told Cointelegraph that investors are reserving profits after the BTC UP movement and that they are “moving to other tokens to catch up potentials upward.”
What are the important support levels to take into account in BTC and the main Altcoins? Let’s analyze the graphics of the 10 main cryptocurrencies to find out.
Bitcoin pricing prediction
BTC began a recovery of $ 108,666 on Tuesday, but the recovery failed near the 20 -day exponential mobile ($ 113,977) on Thursday.
The price abruptly rejected Friday and fell below the $ 108,666 support. If the price remains below $ 108,666, the BTC/USDT par could fall at $ 105,000 and, finally, to a psychological support at $ 100,000.
Bulls will have to push the price above mobile averages to suggest that the sales pressure is being reduced. The price of Bitcoin can challenge the historical maximum of $ 124,474.
ETHER PRICE PREDICTION
ETH appeared from the 20 -day EMA ($ 4,378) on Tuesday, but the Bears arrested the recovery of $ 4,663.
The price rejected and broke below the 20 -day EMA on Friday. If the ETH/USDT torque closes below the 20 -day EMA, the next stop could be the rupture level of $ 4,094. Buyers are expected to defend the area between $ 4,094 and the 50 -day SMA ($ 3,939) because a break below can deepen the setback to $ 3,354.
On the contrary, if the price appears from the current level of $ 4,094, it suggests a solid purchase in Dips. Then, the Bulls will try to conduct the price of ether above the area of $ 4,788 to $ 4,868. If they succeed, the couple could rise to $ 5,000 and, after that, to $ 5,662.
XRP price prediction
The failure of the bulls to push XRP (XRP) again above the EMA of 20 days ($ 3) in recent days indicates that the bears fiercely defend the level.
The bears will try to strengthen their position by pulling the XRP price to solid support at $ 2.73. Buyers are expected to defend the level of $ 2.73 with all their might because a closure underneath could open the doors for a fall to $ 2.20.
The first sign of force will be a break and will close above the 20 -day EMA. That suggests that the sale pressure could be reducing. The XRP/USDT torque can rise to the boldness line, which probably acts as a rigid barrier. Buyers will have to pierce the line of bearish trend to suggest that the correction may have ended.
BNB price prediction
BNB (BNB) has witnessed a hard battle between buyers and vendors at the rupture level of $ 861.
Ascending mobile averages indicate an advantage for buyers, but the negative divergence in the RSI suggests that the bullish impulse can be weakening. Sellers will have to pull the price below the 20 -day EMA ($ 844) to win the advantage. The BNB/USDT pair can then fall to the 50 -day SMA ($ 794).
On the other hand, if the price appears of the EMA of 20 days and is broken above $ 900, it indicates that buyers maintain control. The rally could extend to the psychological level of $ 1,000.
Solana pricing prediction
Solana (Sol) recovered the Ema of 20 days ($ 193) on Tuesday and increased above the barrier of $ 210 on Thursday.
However, the bears were sold at higher levels and have removed the price below $ 210. If the price is maintained below $ 210, some aggressive bulls can be trapped. That could trigger a long liquidation, taking the price to the line of bullish trend.
If the price breaks below the bullish trend line, the sun/USDT torque can remain in the range between $ 155 and $ 210 for some time.
On the other hand, a solid bouncing of the 20 -day EMA ($ 193) indicates the demand at the lowest levels. Then, the Bulls will make one more attempt to drive the price of Solana to $ 240 and eventually at $ 260.
Dogecoin pricing prediction
Dogecoin (Doge) bounced the $ 0.21 support on Tuesday, but the bulls could not exceed the price above mobile averages.
The price was abruptly rejected from mobile averages, indicating that bears are sold in each minor rally. That increases the risk of a break below the level of $ 0.21. If that happens, the Dogecoin price can fall to $ 0.19 and then to $ 0.16.
The bulls will have to press and maintain the price above mobile averages to suggest that the Dogado/USDT pair can remain within the $ 0.21 to $ 0.26 range for a while.
Cardano Price Prediction
Cardano (ADA) rejected the 20 -day EMA ($ 0.85) and has reached critical support in the 50 -day SMA ($ 0.82).
If the 50 -day SMA breaks, the short -term advantage will be inclined in favor of the Bears. The ada/USDT torque runs the risk of falling to $ 0.76 and subsequently at $ 0.68. Buyers are expected to defend the level of $ 0.68 fiercely.
On the positive side, an ascent above the 20 -day EMA suggests that the bulls are trying to return. Cardano’s price can reach the bold trend line, where bears are expected to intervene. A closure above the line of bearish trend suggests that the correction may have finished.
Related: Will XRP crash into September?
Chainlink pricing prediction
Chainlink (Link) bounced in the 20 -day EMA ($ 23.56) on Thursday, but the Bulls could not maintain the highest levels.
The Bears are trying to strengthen their position by taking the price below the 20 -day EMA. If they manage to do that, the Link/USDT torque could deepen the correction towards the 50 -day SMA ($ 20.23).
Buyers will have to fiercely defend the EMA of 20 days and quickly withdraw the price above $ 27 to maintain control. If they do that, Chainlink’s price could begin the next stage of the UP at $ 31 and, after that, at $ 36.
Hyperlichid prices prediction
Hyperlichid (Hype) broke above the resistance of $ 49.88 on Wednesday, but the bulls could not maintain the highest levels.
The price has returned to mobile averages, which is a crucial support to take into account. If the price bounces in mobile averages with force, the bulls will try to conduct the torque of Hyes/USDT pumps above $ 51.19. If they manage to do that, the hyperlichid price could meet towards the objective of the pattern of $ 64.25.
This positive view will be invalidated in the short term if the price continues lower and breaks below the bullish trend line. That could sink the torque at $ 40 and later at $ 36.
Sui pricing prediction
SUI (SUI) has been oscillating within a large range between $ 3.26 and $ 4.44 for several days.
The price recovered the support of $ 3.26 on Tuesday, but the Bulls could not exceed the obstacle in the EMA of 20 days ($ 3.57). That sale renewed by the Bears, which carries the sui/USDT pair at $ 3.26. The repeated reestima of a level of support tends to weaken it. If the level of $ 3.26 is cracking, Sui Price could dive into $ 3.
To extend the stay within the range for a few more days, buyers will have to drive and maintain the price above mobile averages.
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.
