Key points:
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Bitcoin remains stuck in a fork, the expectations of traders divided on the direction of the next significant decision.
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Several major altcoins show weakness, suggesting that a broader trend reversal could be at stake.
Bitcoin volatility (BTC) increased on Friday, but the price remains stuck inside the large range of $ 100,000 to $ 111,980. Market players are divided on the next escape from Bitcoin. In a survey, Crypto Matthew Hyland analyst asked if Bitcoin was going to go to $ 94,000 or $ 114,000 and the results were almost uniformly divided.
Comments on social networks on Bitcoin are also divided. According to the crypto healthy research platform, for each Bitcoin comment, there were only 1.03 bullish comments. The company’s social media analysis revealed that the feeling of retail bitcoin was the most lower since the initial pricing reaction on April 6.
Santiment Marketing Director Brian Quinlivan said in a report that the fear of retail was a promising sign while the markets “move historically in the opposite direction to the expectations of retail”.
The confidence of institutional investors also remains solid, as the funds negotiated in exchange for Bitcoins based in the United States recorded eight consecutive days of entries by the data of distant investors.
What are the vital support and resistance levels to watch in Bitcoin and Altcoins? Let’s analyze the graphics of the 10 best cryptocurrencies to discover it.
Bitcoin price prediction
Bitcoin rebounded the simple 50 -day mobile average ($ 104,634) Friday and exceeded the exponential 20 -day mobile average ($ 105,590). However, the Bulls could not maintain the upper levels as shown by the long wick on the candlestick.
The Bears will try to take control by supporting the price below the SMA of 50 days. If they manage to do so, the BTC / USDT pair could fall at the psychologically crucial level of $ 100,000. Buyers should aggressively defend the level of $ 100,000, because not to do so can start a deeper correction to $ 93,000.
Uplining, Bulls will have to maintain the price above the 20-day EMA to report the force. The pair could then climb to the downward trend line. Sellers are expected to make a solid challenge between the downward trend line and the top of all time of $ 111,980.
Ether price prediction
ETHER (ETH) is in a hurry between the 20 -day EMA ($ 2,551) and the SMA of 50 days ($ 2,466), indicating the uncertainty between buyers and sellers.
The EMA at 20 days at 20 days and the RSI near the median point do not give a clear advantage to the Bulls or the Bears. If the price exceeds 20 days EMA, the ETH / USDT pair could reach $ 2,738 and later at $ 2,879.
Conversely, a break below the 50 -day SMA opens the doors for a fall in vital support at $ 2,323. Buyers should defend the level of all their forces because a break below $ 2,323 could run the pair at $ 2,111.
XRP price prediction
Buyers are trying to push XRP (XRP) above the 20-day SMA ($ 2.20), but the Bears kept good.
The 20 -day EMA began to gradually refuse, and the RSI is on the negative territory, indicating a slight advantage for bears. The pair could fall in $ 2, which is a crucial support to keep an eye on. If the $ 2 level cracks, the XRP / USDT pair could drop to $ 1.61.
On the contrary, if the price amounts to the current level or bounces $ 2 and exceeds the SMA of 50 days ($ 2.27), it indicates that the pair can extend its stay inside the range for a while.
Price prediction BNB
BNB (BNB) is in a hurry between the 20 -day EMA ($ 652) and horizontal support at $ 634, suggesting an imminent short -term escape.
If the price is presented and exceeds above the 20-day EMA, it indicates that the BNB / USDT pair can remain in the range from $ 634 to $ 693 for a few more days. The trend will go in favor of Bulls to a fence greater than $ 693.
On the contrary, a rupture and a closure below the support of $ 634 indicates that the action linked to the beach has resolved in favor of bears. This could intensify the sale, pulling the pair with a solid support at $ 580.
Solana price prediction
Buyers kept Solana (soil) above $ 140 support, but find it difficult to release the 20-day EMA obstacle ($ 152).
A tight consolidation near the $ 140 support increases the risk of failure. If this happens, the floor / USDT pair will complete a head and shoulder pattern. The pair can fall to $ 123 and subsequently at $ 110.
Instead, if the price is revealed and takes place above the 20-day EMA, it indicates that the Bulls are trying to keep the pair in the range of $ 140 to $ 185 for a little more time. Buyers will be back in the driver’s seat at a fence greater than $ 185.
Dogecoin price prediction
Buyers have maintained Dogecoin (DOGE) above $ 0.16 level, but failure to start a strong rebound increases the risk of failure.
If the level of $ 0.16 cracks, the DOGE / USDT pair could drop to critical support at $ 0.14. A solid rebound on the level of $ 0.14 suggests aggressive purchases by Bulls. A break over the 20-day EMA could keep the pair stuck inside the range from $ 0.14 to $ 0.26 for a while.
Unlike this hypothesis, if the price continues below and breaks below $ 0.14, he reports that bears have mastered the bulls. This opens the doors for a fall at $ 0.10.
Cardano price prediction
Cardano (ADA) attended a difficult battle between the Bulls and the Bears near the level of $ 0.60.
The 20 -day EMA broken down ($ 0.65) and the RSI near the Overold zone report an advantage for sellers. If the price remains less than $ 0.60, the ADA / USDT pair could dive to the crucial support at $ 0.50. Buyers should fiercely protect the support from $ 0.50, as not doing so can run the pair at $ 0.40.
The first sign of strength will be a rupture above the 20-day EMA, suggesting solid purchases at lower levels. The pair can then climb to the downline line.
In relation: XRP Onchain data show why $ 3 is out of reach for the moment
Hyperliquid price prediction
The hyperliquid (hype) refused and broke below the 20 -day EMA ($ 37.61) Thursday, suggesting a profit by short -term bulls.
The Bears will try to strengthen their position by pulling the 50 -day SMA price ($ 31.81). Buyers should vigorously defend the 50 -day SMA. If the price is presented compared to the 50 -day SMA, the rescue rally could be faced with the 20 -day EMA sale. If the price drop in EMA of 20 days, the media / USDT threshing pair could dive at $ 28.50.
Buyers will have to push and maintain the price above the 20-day EMA to regain control. This suggests solid demand at lower levels. The Bulls will then try to push the pair at $ 42.50.
Bitcoin cash prices prediction
Bitcoin Cash (BCH) went from $ 462 level on Thursday and reached the resistance to rigid general costs of $ 500.
Sellers will try to defend the level of $ 500, but if buyers do not abandon much land, the possibility of a break over the resistance to general costs increases. If this happens, the BCH / USDT pair could reach $ 550.
Sellers will have to draw the price below the 20 -day EMA ($ 442) to weaken the bullish momentum. The pair can then slide towards the 50 -day SMA ($ 414), which is a crucial support to monitor.
SUD price prediction
Sui (Suis) has been negotiated below $ 2.86 support since Tuesday, reporting that the Bears have maintained the pressure.
The 20 -day EMA broken down ($ 3.10) and the RSI on the negative territory indicate an advantage to the sellers. If the price decreases below $ 2.68, the SUI / USDT pair could dive at $ 2.50 and by $ 2.
The first sign of force will be a break and close above the 20-day EMA. Such a decision suggests that the markets have rejected ventilation less than $ 2.86. The pair can then climb to the 50 -day SMA ($ 3.46).
This article does not contain investment advice or recommendations. Each investment and negotiation movement involves risks and readers should conduct their own research when they make a decision.
