A Bitcoin trend reversal may prove if BTC closes above $76K.

Key Points:-

Bitcoin's shallow retracement from the $76,000 resistance suggests that buyers are holding their positions, expecting the recovery to continue.

Select major altcoins are showing strength and are expected to break above resistance levels.

Bitcoin (BTC) bounced back after breaking the $76,000 level on Tuesday, but a positive sign is that the bulls did not allow the price to drop below $73,500. This indicates that the bulls are holding their positions because they expect the defense force to be broken.

Another encouraging sign for the bulls was that BTC's move to $76,000 on Tuesday was supported by $411.5 million in funds into the US spot BTC currency, according to SoSoValue data. That would push total 2026 net flows into positive territory by $245 million.

Although some analysts believe that the minimum has been reached at $60,000, others have doubts. BTC will wait below $60,000 to a low of $50,000 before finally breaking down.

Trend reversals can be tricky, but traders should be fooled when they see one. Keeping a negative view when the charts are buzzing is a recipe for disaster.

Can BTC and major altcoins break above resistance levels? Let's examine the charts of the top 10 cryptocurrencies to find out.

Bitcoin price prediction

BTC recovered from the 20-day moving average ($71,116) on Monday and reached resistance at $76,000 on Tuesday.

Sellers are expected to defend the $76,000 level with all their might, as a close above it will complete a bullish triangle pattern. That clears the rally to the $84,000 level.

Conversely, any pullback is expected to find support at the 20-day EMA. If the price of BTC rebounds strongly from the 20-day EMA, it indicates positive sentiment. That includes vacation time above the $76,000 defense. On a close below the triangle support line, sellers are back in control.

Ether price prediction

Ether (ETH) is facing resistance at $2,415, but it is a positive sign that the bulls have not given much ground to the bears.

If the price of ETH changes from the current level or the 20-day EMA ($2,198), breaks above the $2,415 level will increase. The ETH/USDT pair may rise to $2,800 and then to $3,050.

Sellers have an uphill task ahead of them. To weaken the bull momentum, they need to quickly exit the price below the moving averages. The couple could receive up to $1,916 in support.

XRP price prediction

Buyers are struggling to drive XRP (XRP) above its 50-day simple moving average ($1.37), indicating that the bears are moving higher.

If the price declines and breaks below the 20-day EMA ($1.35), it may indicate that the XRP/USDT pair will consolidate between the 50-day SMA and $1.27 support for a few days. A break and close below the $1.27 level would tilt the advantage in favor of the bears.

On the contrary, a close above the 50-day SMA indicates the beginning of a sustained recovery into the descending channel pattern. Buyers are back in the driver's seat above the ramp.

BNB price prediction

BNB (BNB) reached the 50-day SMA ($626) on Tuesday, where the bears are posing a strong challenge.

If the bulls do not give much ground from the current level, the possibility of a break above the 50-day SMA increases. The BNB/USDT pair could rally towards a profit resistance of $687. Buyers need to overcome the $687 barrier to clear the way for the rally to $730, then to $790.

A close below $570 indicates that the bears are in control. The pair may initiate the next downtrend towards $500.

Solana price forecast

The failure of Solana (SOL) to break above the 50-day SMA ($85) suggests that the bears will maintain the level strongly.

The flat moving averages near the midpoint and the relative strength index (RSI) do not give a clear advantage to either the bulls or the bears. That suggests that the SOL/USDT pair may continue to strengthen in the $76 to $98 range for some time.

The next trending move is expected to start below $98 or $76. If the price of SOL declines and breaks below $76, this will indicate a bearish advantage. The pair can drop to $67. On the upside, a close above $98 opens the doors to $117.

Dogecoin price prediction

Dogecoin (DOGE) broke above its moving averages on Tuesday, but the long wick on the candlestick indicates selling on rallies.

If the price breaks below the moving averages, the bears will try to sink the DOGE/USDT pair below the $0.09 support. If they succeed, the price of DOGE can continue to fall to $0.08 and then to $0.06.

Instead, if the price moves above the 20-day EMA ($0.09) and breaks above $0.10, it suggests that the bears are losing their grip. The pair may rally to $0.11 and eventually to $0.12.

High Liquidity Price Prediction

Hyperliquid (HYPE) is seeing a fierce battle between bulls and bears at the $43.76 breakout level.

If the price of HYPE rallies from the current level and breaks above $45.30, it will indicate that the bulls have turned the $43.76 level into support. This increases the possibility of a move to the $50 level.

Contrary to this assumption, if the price declines and breaks below the 20-day EMA ($40), it suggests that a break above the $43.76 level could be a bull trap. The HYPE/USDT pair may fall towards the 50-day SMA ($36.77).

Related: Tom Lee Says ‘Mini Crypto Winter' Is Over, Ether Sees Above $60K

Cardano price prediction

Cardano (ADA) has been oscillating between the 50-day SMA ($0.26) and support at $0.23 for the past few days.

The 20-day EMA ($0.25) has started to decline gradually, and the RSI is in the negative zone, indicating a slight edge to the bears. If the price declines and breaks below $0.23, the ADA/USDT pair may move down to the support line of the descending channel pattern. There is support at $0.22, but it can be broken.

Buyers should push the ADA price above the lower line to signal a potential trend reversal. The pair could go up to $0.36.

Bitcoin Cash price prediction

Buyers tried to push Bitcoin Cash (BCH) above the 20-day EMA ($444), but the bears held their ground.

Sellers will try to strengthen their position by driving the price of BCH below $419. If they manage to do that, the BCH/USDT pair may start to move down towards the $375 level.

If buyers drive the price above the moving averages, this bearish view will be invalidated in the short term. The pair may rise to the level of $486, the bears may again create a strong challenge.

Chainlink price prediction

Chainlink (LINK) has been trading near its moving averages for the past few days, indicating a balance between supply and demand.

Flat moving averages and an RSI above the midpoint suggest that the LINK/USDT pair may remain in the $8 to $10 range for some time.

The first sign of strength will be a break and close above the $10 resistance. That opens the door to a rally to $10.94 and $11.61 later. Sellers are expected to defend the $11.61 level, as a close above indicates that the bulls are back in the game. The bears need to lower the price of LINK below $8 to dominate.