Key points:
-
Bitcoin made a decisive break greater than $ 106,000, preparing the ground for a possible retest of the summit of all time at $ 111,980.
-
Most of the major altcoins remain in a range, but the overhaul has resumed its upward trend.
Bitcoin (BTC) started the week on a bullish ticket, exceeding $ 107,500. Although the price is negotiated just below the top of all time, whales and retail investors retain their positions. Cryptoque contributor Darkfost wrote in a Quicktake blog article that Binance Bitcoin entries from the two groups have slipped to their lowest levels since the start of the cycle. This suggests that investors “expect clearer macroeconomic signals, simply a high conviction in the long -term Bitcoin trend”.
IG market analyst Tony Sycamore told Cintelegraph that Bitcoin could retain the summit of all time almost $ 112,000, then reach the region from $ 116,000 to $ 120,000 as long as it retains support from $ 95,000.
Not only Bitcoin, but even Ether (ETH) attracts buyers. Ethereum portfolios holding between 1,000 and 10,000 ETH attended an accumulation of more than 818,410 ETH (~ 2.5 billion dollars) on Sunday, increasing their assets to 16 million ETH by 11.9 million ETH almost a year ago.
Could Bitcoin join a new record of all time above $ 111,980? Will Altcoins participate in the UP movement? Let’s analyze the graphics of the 10 best cryptocurrencies to discover it.
Price prediction of the S&P 500 index
The S&P 500 index (SPX) went from 6,059 Wednesday, indicating that bears fiercely defend the area from 6,000 to 6,147.
The index has rebounded on the exponential mobile average of 20 days (5,938), which indicates that the feeling remains positive and that each decrease is considered as an opportunity to purchase. Buyers will try to push the price to 6,147.
A deeper withdrawal could start a break and close below the 20 -day EMA. Short -term traders can be tempted to reserve profits, lowering the price at 5,767, then to the 50 -day simple mobile average (5,680).
Price prediction of the US dollar index
The US dollar index (DXY) attends a difficult battle between the Bulls and the Bears near level 97.92.
The Bears pulled the price below support 97.92 on Thursday, but the Bulls recovered the level on Friday. However, buyers find it difficult to maintain the price of more than 97.92, which suggests that the Bears sell on each minor rally. This increases the probability of a drop to 95.67.
Buyers will have to drive and maintain the price above the mobile averages to weaken the bearish momentum. The index could then switch to resistance to general costs at 102.
Bitcoin price prediction
Bitcoin exceeded 20 days EMA ($ 106,202) on Monday, indicating that the bulls fiercely defend the 50 -day SMA ($ 103,887).
The Bulls will try to strengthen their position by pushing the price to $ 110,530, then in the neckline of the opposite pattern of heads and shoulders. A closure above the neck will end the increased configuration, which has a model target of $ 146,892.
Sellers are likely to have other plans. They will try to defend resistance to general costs and draw the price below the SMA of 50 days. If they can remove it, the BTC / USDT pair may hold the support of $ 100,000 vital.
Ether price prediction
Ether closed below the 20 -day EMA ($ 2,580) on Saturday, but the Bears could not extend the decline in SMA of 50 days ($ 2,412).
The Bulls pushed the price above the 20-day EMA, indicating the purchase on the hollows. The ETH / USDT pair could reach $ 2,738 then at $ 2,879. Sellers will try to defend the air area, but if buyers make their way to go, the pair could gather around $ 3,153.
Conversely, if the price drops sharply from resistance to general costs, the pair can remain inside the range from $ 2,879 to $ 2,323 for a while. The short -term trend becomes negative on a fence less than $ 2,323.
XRP price prediction
XRP (XRP) has oscillated between $ 2 and $ 2.65 for several days, indicating the purchase near support and sale near the resistance.
The action of prices inside the beach is likely to be random and volatile. If buyers support the price above mobile averages, the XRP / USDT pair could come together to resistance to the general costs at $ 2.65. Sellers will try to put a solid challenge at $ 2.65 because a break above could launch the pair at $ 3.
The trend will become down on a break and close below $ 2 support. The pair could then retain the critical level at $ 1.61.
Price prediction BNB
Buyers try to push BNB (BNB) above the 20-day EMA ($ 656), which could extend the stay inside the range from $ 634 to $ 693 for a little more time.
The 20 -day EMA flattening and the RSI near the median point give a clear advantage to the Bulls or the Bears. If the price is supported above the 20-day EMA, the BNB / USDT pair could come together at $ 693. The sellers will try to stop the UP movement at $ 693, but if the Bulls prevail, the pair could rise to $ 732.
The Bears will have to pull the price below the support of $ 634 to take control. The pair could then immerse itself at $ 580.
Solana price prediction
Solana (soil) rebounded on the support of $ 140 on Saturday and reached mobile averages on Monday, indicating solid purchases at lower levels.
The two mobile averages are flattened, and the RSI is near the median point, suggesting that the ground / USDT pair can swing between $ 140 and $ 185 for a few days.
The next trend decision is expected to start more than $ 185 or less than $ 140. If the price drops sharply from mobile averages and breaks down below $ 140, the pair could dive at $ 110. On the contrary, a break greater than $ 185 could catapult the pair at $ 210 and, after that, at $ 220.
In relation: Why is the XRP price increasing today?
Dogecoin price prediction
DOGECOIN (DOGE) remains above $ 0.16 level, but not to start a strong rebound signals an aggressive lack of purchase by the Bulls.
The EMA of 20 days broken down ($ 0.19) and the RSI on the negative territory increase the risk of a breakdown of less than $ 0.16. If this happens, the Doge / USDT pair could go down to the support of $ 0.14. The Bulls will try to vigorously defend the level of $ 0.14 because a break below opens the doors for a fall at $ 0.10.
Buyers have a difficult task in front of them. They will have to pierce the resistance of $ 0.21 to erase the path with a rally at $ 0.26. A new UP movement could start a break greater than $ 0.26.
Cardano price prediction
Buyers try to defend the level of $ 0.60 in Cardano (ADA), but the rebound lacks strength. This increases the risk of a rupture of less than $ 0.60.
The EMA of 20 days broken ($ 0.67) and the RSI on the negative territory suggest that bears have the edge. If the price decreases mobile averages and breaks down below $ 0.60, the ADA / USDT pair could drop to $ 0.50.
Buyers will have to generate the price above medium-sized averages to avoid the drawback. The pair could then reach the downward trend line, where sellers should set up a solid defense.
Hyperliquid price prediction
Hyperliquid (hype) resumed its upward trend after buyers kicked the price above the resistance of $ 44 on Monday.
If the Bulls maintain the price of more than $ 44, the media / USDT threshing pair could highlight the target target of $ 50. Such a movement invalidates the negative divergence in development on the RSI, indicating that the bulls have reaffirmed their supremacy.
The 20 -day EMA ($ 37.71) is the critical support to be monitored when falling. A break below the 20 -day EMA could try short -term buyers to reserve profits, pulling the pair in SMA of 50 days ($ 30.37).
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.
