Key points:
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Bitcoin seeks support close to $103,000, but rising uncertainty in global markets could limit future gatherings.
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Featured Altcoins is looking for lower-level buyers, which shows traders’ desire to buy the dip.
Bitcoin (BTC) Corrected $103,000 in the news Israeli air strikes in Iranbut a positive sign is that lower levels witnessed the purchase price, pushing the price close to $106,000.
Trading Resource Materials Indicators say in a post on X Bitcoin’s bottom is unlikely to exitbut there may not be a sustainable price discovery before the next Fed meeting.
A study by Andre Dragosch, director of ETC research, is another positive view. It shows this Bitcoin recovers and often surpasses Pricing levels before the event were within 50 days.
But John Bollinger, the creator of the Bring Band, has a different view. In a post on X, Bollinger says Bitcoin has Completed three pushes After forming a “W-shaped” double bottom bottom close to $75,000, the height was reached. In a discussion of the position, Bollinger added that the three would-be high “mean the end of the previous trend”, which could be followed by a “reversal or merger.”
Can Bitcoin and the choice of AltCoins resume its uptrend? Let’s analyze the charts of the top 10 cryptocurrencies to find out.
Bitcoin price forecast
Bitcoin fell to Friday’s simple moving average ($103,159) where the Bulls tried to stop the decline.
The 20-day exponential moving average ($106,097) is flattening, with the relative strength index (RSI) approaching the midpoint, indicating a possible merger in the near term. The downside of the key level to note is $100,000 and an all-time high of $111,980 in terms of the rise.
If the $100,000 level gives way, the BTC/USDT pair could fall to $92,000. Instead, rest time exceeding $111,980 indicates a recovery in the uptrend. The couple can then soar to $130,000.
Ether price forecast
Ether (Ethereth) fell from $2,879 on Wednesday and was below the 20-day EMA ($2,580) on Friday, indicating that the market rejected a breakthrough of more than $2,738.
The 20-day EMA is flattening and the RSI has dropped to the midpoint, indicating a balance between supply and demand. If the price rises from current levels or $2,323, the Bears will try to stop the relief rally in the $2,738 to $2,879 zone. If the price is lowered from the elevated zone, the ETH/USDT pair may be consolidated for some time.
Buyers will have to pop up over $2,879 to get the next transfer of UP to start towards $3,153. On the downside, resting below $2,323 could drop the couple to $2,111.
XRP Price Forecast
xrp(XRP) Breaked on Monday above the moving average, but the Bulls can’t be based on momentum.
Prices were lowered on Wednesday and reached $2 near solid support. Buyers are expected to defend a $2 break and defend it below it could indicate the beginning of a new downtrend. The XRP/USDT pair can drop to $1.61, and thereafter, $1.28.
Contrary to this assumption, if the price rises sharply from $2 and exceeds the moving average, it indicates that the action within the range may last for some time.
BNB price forecast
BNB(BNB) A few days of consolidation between $693 and $634 indicates a balance between supply and demand.
The flat 20-day EMA ($658) and the RSI near the midpoint have no obvious advantage over the Bulls or the Bears. If the price goes up from $634 and is above the 20-day EMA, the BNB/USDT pair may stay in the range for a while.
Instead, the break is below $634, suggesting that the Bears have overwhelmed the Bulls. This could intensify sales, boosting the couple to $600. Buyers are expected to actively defend the $580 to $600 support zone.
Solana price forecast
Solana (sol) The moving average rose on Monday, but the Bulls were unable to maintain higher levels.
Prices fell from $168 on Wednesday and broke below the June 12 moving average. Sol/USDT pair reached $140 support, which is a key level for the Bulls.
If the price rebounds from $140 support, the Bulls will try to push the price higher than the average. Instead, rest and closing down a break below $140 could bring the couple down to $123 and eventually down to $110.
Dogecoin price forecast
Dogecoin(Doge) Reduced from $0.21 on Wednesday, which suggests that the price is still down to $0.14 in the lower half of $0.26.
There is $0.16 in support, but it is likely to be broken. Doge/USDT support may fall to $0.14, and buyers are expected to step in. A stable rebound of $0.14 can extend the distance-limited action for a period of time.
The next trend move may start with a break above $0.26 or below $0.14. If cracked at the $0.14 level, the couple could crash to $0.10. On the other hand, a break above $0.26 may make this pair of $0.38.
Cardano Price Forecast
cardano(Aida) Rejected from Wednesday’s 50-day SMA ($0.72), which suggests the Bears continue to sell at the rally.
The decline of 20-day EMA ($0.69) and RSI in negative zones, bears have an advantage. If the $0.60 level is removed, the ADA/USDT pair may drop to reliable support at $0.50. Buyers are expected to do everything possible to defend the $0.50 level.
The first sign of strength will be rest time and approach above the 50-day SMA. This opens the door to rising to the downward trend line, which is an important concern. Breakthroughs and tightly above the downward trend line indicate potential trend changes.
Related: This is today’s cryptocurrency
Super fluent price forecast
Buyers pushed hyperliquidity (HYPE) higher Wednesday’s $42.25 resistance, but couldn’t maintain higher levels.
This may have attracted short-term buyers to book profits, raising prices to breakout levels from a symmetrical triangle pattern. The rising 20-day EMA ($35.93) shows an advantage for buyers, but the evolving differences in RSI suggest that bullish momentum is weakening. Buyers will have to push prices above $44 to restore the uptrend to $50.
On the downside, resting and closing down under the 20-day EMA could accelerate sales, bringing the couple to $30.50.
SUI price forecast
sui(Sui) Rejected from Wednesday’s 50-day SMA ($3.55), which shows that the bears are defending the level.
The SUI/USDT pair has reliable support for $2.86, which is a key level to be noted. The seller will try to grab the control by raising the price to the $2.86 level. If they can cancel it, the two could drop to $2.50.
The buyer may have other plans. They will try to defend the $2.86 level. If the price bounces to $2.86 support, the two can reach the moving average. If the price drops sharply from the moving average, the risk of rest will be reduced to below $2.86. Buyers will have to drive the duo above the moving average to clear the path to the $4.25 rally.
Chain link price forecast
chaainlink(Related) Rejected and re-entered Thursday’s downgrade channel pattern, indicating that sellers are active at a higher level.
The Bears tried to raise the price to $12.64 with support. If they manage to do so, the Link/USDT pair may drop to $10. Such a move extended the two’s stay for several days.
Buyers will have to quickly raise the price to above $16 to prevent downside action. This indicates a lower level of aggressive buying. The two could rise to $18 and then to $20, indicating a potential trend change.
This article does not contain investment advice or advice. Every investment and trading move involves risks and readers should conduct their own research when making decisions.
