Bitcoin, Altcoin rallies were suppressed by selling near the high range

Bitcoin, Altcoin Rallies Were Suppressed By Selling Near The High Range


Key Points:-

Bitcoin bulls should successfully defend the moving averages to increase the break above $95,000.

Most of the major altcoins have broken their resistance levels above, indicating that the bears are moving higher.

Buyers are trying to keep Bitcoin (BTC) above the $90,000 level, but bears continue to apply pressure. According to Keith Allan, founder of Material Indicators, in a post on X, BTC could drop to the $87,500 to $89,000 support zone. A lower target has been applied by trader Roman, who expects a drop to the $76,000 level.

Phemex

However, CryptoQuant CEO Ki Young Ju said in a post on X that BTC is unlikely to see a major 50% crash similar to previous bear markets. He expects BTC to remain “on the sidelines for the next few months.”

Daily View of Crypto Market Data. Source: TradingView

In a slightly longer-term view, there are positive signs for the bulls. According to Jesse Myers, Head of Bitcoin Strategy at Smart Web Company, BTC has averaged a 95% return in the year following its low. If history repeats itself, 2026 could be a positive year for BTC following a 6.33% decline in 2025.

Can BTC and the major altcoins regain their support levels? Let's examine the charts of the top 10 cryptocurrencies to find out.

Bitcoin price prediction

BTC has returned to the moving averages, which indicates that the bears will strongly defend the $94,789 level.

019Ba365 3A0F 7624 93Fd 1B1339692712
BTC/USDT Daily Chart. Source: Cointelegraph/TradingView

Both moving averages are hovering, and the Relative Strength Index (RSI) is at its midpoint, indicating a balance between supply and demand. If the price of Bitcoin pushes above the $94,789 resistance, the advantage will be tilted to the bulls. The BTC/USDT pair may rise to the psychological level of $100,000.

Instead, if the price is below the moving averages, it suggests that the pair may stay in the $84,000 to $94,789 range for a few more days. Sellers will set you back less than $84,000 in the driver's seat.

Ether price prediction

Ether (ETH) remains in a balanced triangle pattern, indicating uncertainty about the next directional move.

019Ba365 3D1B 7E5D A50A Afffbff68B12
ETH/USDT Daily Chart. Source: Cointelegraph/TradingView

If the price of Ether changes from the moving averages and breaks above the resistance line, it indicates that the bulls beat the bears. The ETH/USDT pair may rise to $3,659 and later to $4,000.

On the other hand, if the price continues lower and breaks below the support line, it indicates that the advantage is tilted to the bears. The pair may drop to $2,623 and then to $2,111.

XRP price prediction

Sellers successfully defended the lower line and pulled XRP (XRP) to the moving averages.

019Ba365 3Ffe 7F20 951E 231026Ac5Bf4
XRP/USDT Daily Chart. Source: Cointelegraph/TradingView

The upward 20-day exponential moving average ($2.04) and the RSI in the positive zone indicate that buyers have an edge. If the price rebounds strongly from the moving averages, the probability of a break above the lower line increases. If that happens, the XRP/USDT pair could rally to $2.70, indicating a trend reversal.

Alternatively, a drop below the moving averages suggests that XRP price may remain in a descending channel for some time.

BNB price prediction

BNB (BNB) is finding support from the $928 level retracement at the moving average, which shows that the bulls are active at lower levels.

019Ba365 42B5 763C B813 3C15B8Cb140A
BNB/USDT Daily Chart. Source: Cointelegraph/TradingView

The bulls will attempt to push BNB price above the $928 level, completing a bullish ascending triangle pattern. If they do that, the BNB/USDT pair could rally towards the $1,066 pattern target.

Contrary to this assumption, if the price breaks below the moving average, it indicates a lack of demand at a higher level. The pair may drop to the upper line and then to the $790 support.

Solana price forecast

Solana (SOL) bounced back from the moving averages on Thursday, indicating that dips are emerging as a buying opportunity.

019Ba365 4556 7D1A B31E A84B030382Ca
SOL/USDT Daily Chart. Source: Cointelegraph/TradingView

The bulls will try to strengthen their position by pushing Solana's price above $147. If they manage to do that, the SOL/USDT pair could rise to $172. This indicates that the adjustment phase may be over.

If the price breaks below the current level or resistance above and breaks below the moving average, this bullish outlook is worthless in the near term. The pair may drop to $117.

Dogecoin price prediction

Dogecoin (DOGE) rejected the $0.16 resistance on Tuesday and reached the moving averages.

019Ba365 47F1 712A B169 706D9900Ad2D
DOGE/USDT Daily Chart. Source: Cointelegraph/TradingView

The 20-day EMA ($0.14) is slowly rising, and the RSI is above the midpoint, indicating a slight edge for buyers. A close above the $0.16 level suggests that the market has rejected a break below the $0.13 support. The DOGE/USDT pair may rise to $0.19.

Conversely, a break below the moving averages suggests that Dogecoin's price may remain in the range between $0.12 and $0.16 for some time. The next downtrend may start below $0.12.

Cardano price prediction

Cardano (ADA) has returned to the moving averages, which is expected as strong support.

019Ba365 4Aab 7Cc0 9336 716E61Abf7Ac
ADA/USDT Daily Chart. Source: Cointelegraph/TradingView

If the price of Cardano rebounds from the moving averages, the probability of rallying to the $0.50 breakout level increases. Sellers are expected to aggressively defend the $0.50 level, as a break above it indicates a potential trend reversal.

On the downside, a break below the $0.37 support suggests that the bears will continue to push. The ADA/USDT pair may drop to the $0.33 level, which may attract buyers.

Related: Bitcoin RSI hints at $105K BTC price rebound as bull signals multiply

Bitcoin Cash price prediction

Bitcoin Cash (BCH) recovered from the 20-day EMA ($613) on Thursday, which indicates the need for lower levels.

019Ba365 4D77 7B64 A53C 9Ea9Ef41983D
BCH/USDT Daily Chart. Source: Cointelegraph/TradingView

Upward moving averages and an RSI in the positive territory indicate that the bulls are dominant. Buyers will try to push the price of Bitcoin Cash above the $670 level. If they succeed, the BCH/USDT pair may rise to the strong upside resistance at $720.

The first sign of weakness will be a close below the moving averages. That suggests a break above $631 could be a bull trap. The pair could fall to $518.

Chainlink price prediction

Chainlink (LINK) is seeing a fierce battle between bulls and bears near the moving averages.

019Ba365 5026 7D40 8Faa 2Ef9983Eecfd
LINK/USDT Daily Chart. Source: Cointelegraph/TradingView

If the price pulls back strongly from the moving averages, the bulls will try to push the LINK/USDT pair above the $14.98 resistance. If you can pull it off, the price of Chainlink can reach $17.66.

On the other hand, if the price slips below the moving averages, it suggests that the pair could swing in the $11.61 to $14.98 range for a few more days. Sellers need to sink the price below the $10.94 support to take control.

High Liquidity Price Prediction

Hyperliquid (HYPE) rejected the 50-day simple moving average ($28.48) on Wednesday and slipped below the 20-day EMA ($26.21) on Thursday.

019Ba365 52D9 76B7 8996 Cccc713A62Fc
HYPE/USDT Daily Chart. Source: Cointelegraph/TradingView

The next support from the bottom is on the high line. If the price changes significantly on the higher line, it indicates that the bulls are buying on the dips. The HYPE/USDT pair may reach an upside resistance at $29.37.

Conversely, if the price continues lower and breaks below the high line, the bulls are discouraged. Hyperliquid's price may drop to the $22.19 level, as buyers are expected to move in.

This article does not contain investment advice or recommendations. Every investment and business activity involves risk, and readers should do their own research when making a decision. While we strive to provide accurate and up-to-date information, Cointelegraph does not guarantee the accuracy, completeness or reliability of any information in this article. This article may contain forward-looking statements that are subject to risks and uncertainties. Cointelegraph shall not be liable for any loss or damage arising from reliance on this information.

Pin It on Pinterest