Bitcoin, Altcoin Traders Try to Restart Bull Market: Will They Win?

Key Points:-

Buyers are trying to push Bitcoin to the $76,000 level but are facing heavy selling from the bears.

A number of major altcoins could gain momentum if they break above resistance levels.

Buyers are trying to keep Bitcoin (BTC) above the $72,500 level but are expected to face strong resistance from the bears. US spot BTC exchange-traded funds saw a mixed week, with two days of inflows and two days of outflows, according to data from Farside Investors. However, the positive sign is that inflows are larger than the weekly net flow of $576.5 million.

Despite the signs of recovery, Glassnode said in the last week's Onchain newsletter that BTC will be forced to move into a permanent recovery regime with a real market value of $78,000 and a short-term holding price of $81,600. Until then, “the medium-to-long-term bias is biased toward the zone,” as any rally to the zone is expected to be protected from selling pressure from near-term buyers looking to exit their positions or exit during a break.

Along with BTC, Ether (ETH) may be trending lower. The Capriole Macro Index Oscillator recorded a reading of -2.42, indicating bearish sentiment. In the year In 2022 ETH was in the range of $1,000 to $1,200 when the indicator dropped to -2.2. That implies limited risk exposure and high upside potential.

Will BTC and select major altcoins continue their rally? Let's examine the charts of the top 10 cryptocurrencies to find out.

Bitcoin price prediction

BTC rose above $73,000, but the bulls could not maintain the high levels. That suggests the bears are trying to keep the price below $72,000.

Positive for the bulls is that the 20-day exponential moving average ($69,587) has started to rise and the relative strength index (RSI) has risen to the positive territory. This rally adds resistance to $76,000.

Sellers are expected to defend the $76,000 level with all their might, as a close above it will complete a bullish triangle pattern. The BTC/USDT pair may rise to $84,000.

The bears should quickly pull the BTC price below the support line to signal a comeback. If they do, the pair risks a drop to the crucial $62,500 to $60,000 support zone.

Ether price prediction

ETH's downside is finding support at $2,200, which indicates that the bulls are trying to reverse the level to support.

If the price of ETH breaks from the current level and breaks above $2,274, it will improve the rally above the $2,400 resistance. If that happens, the ETH/USDT pair could rise to $2,800.

If the price declines and breaks below the moving average, this bearish view is worthless in the near term. This shows that high standards are attracting sellers. The pair could fall to a strong support at $1,916.

XRP price prediction

Buyers failed to push XRP (XRP) above the 50-day simple moving average ($1.38), which indicates that the bears are strongly defending the level.

Both moving averages are flat, and the RSI is below the midpoint, indicating a slight edge to the bears. A break and close below the $1.27 level would indicate a resumption of the downtrend towards $1.11 and later a descending channel pattern support line near $0.9.

On the other hand, a break above the 50-day SMA tends to favor short-term gains for buyers. The XRP/USDT pair is likely to rally at the bearish low line which is expected to pose a strong challenge.

BNB price prediction

BNB (BNB) failed to rise above the 50-day SMA ($626), which indicates that the bears are selling in small rallies.

Sellers will try to strengthen their position by pulling the price of BNB below the $570 level. If they succeed, the BNB/USDT pair could continue to support towards the next strong support at $500.

Conversely, a close above the moving averages indicates that the pair may extend its stay in the range for some time. Buyers will be back in the driver's seat above the $687 level. That clears the way to $730 and then $790.

Solana price forecast

Solana (SOL) is consolidating in the $76 to $98 range, showing buying on dips and selling on rallies.

If buyers drive the price of SOL above the moving averages, the recovery may reach the $98 level. Sellers are expected to strongly defend the $98 level in an attempt to keep the SOL/USDT pair in range.

The next trending move is expected to start above the $98 resistance or below the $76 support. If the bulls push the price above the $98 level, the pair could rise to $117. Alternatively, a break below $76 could sink the pair to $67.

Dogecoin price prediction

Dogecoin (DOGE) failed to break above the lower line, which indicates that the bears will continue to exert pressure.

To complete a descending triangle pattern, sellers need to quickly pull the price of DOGE below the $0.09 support. If they do that, the DOGE/USDT pair may drop to $0.08 and later to the $0.06 pattern target.

Instead, if the price reverses and breaks above the downtrend line, it suggests that the bulls will strongly defend the $0.09 level. Failure of a bearish position is a positive sign as it can attract buyers. The pair may start to rally towards the $0.11 resistance.

High Liquidity Price Prediction

HYPERLIQUID (HYPE) is slowly moving above the $41.59 to $43.76 resistance zone, indicating strong bullish interest.

The 20-day EMA ($37.91) has started to turn, and the RSI is in the positive zone, which indicates a bullish order. A close above the top protection zone opens the door to a rally of $50.

To signal a reversal, sellers should quickly drop the price of HYPE below the 50-day SMA ($35.27). If they do that, the HYPE/USDT pair could drop to the $29.42 level.

Related: Bitcoin Analysis Sees $55K BTC Price ‘Metal Bottom' in December 2026

Cardano price prediction

Sellers defended the 50-day SMA ($0.26) in Cardano (ADA), but the bulls did not allow the price to drop below the $0.25 support.

The first signal of strength will be close above the 50-day SMA, as it opens the doors to a downward trend line. Sellers are expected to strongly defend the lower line as it suggests that a short-term trend reversal is imminent.

Conversely, falling below the $0.23 level indicates that the bears have defeated the bulls. That could sink the ADA/USDT pair to $0.22 and later to the support line near the $0.16 level.

Bitcoin Cash price prediction

Bitcoin Cash (BCH) is facing resistance at the 20-day EMA ($451), but the bulls haven't given much ground to the bears.

This includes a break above the 20-day EMA. If that happens, the BCH/USDT pair may rise to the 50-day SMA ($465) and then to the $486 resistance. A close above the $486 level suggests that the market has rejected a break below the $443 support.

Sellers may have other plans. They will try to defend the moving averages and pull the price of BCH below the $420 level. If you do, the pair can drop to $375.

Chainlink price prediction

Chainlink (LINK) has been stuck between $8 and $10 for several days, reflecting the balance between supply and demand.

As long as the price stays in the range, the last breakout will get stronger. Flat moving averages and an RSI near the midpoint do not give bulls or a clear advantage.

If the price of LINK breaks above the current level and breaks above the $10 resistance, it indicates the beginning of a new uptrend. The LINK/USDT pair could then reach $11.61. Conversely, a close below the $8 support could stop the downtrend towards the $6 level.