Bitcoin, Altcoins Open 2026 With A Bang: Are New Highs Next?

Key Points:-

Bitcoin has broken above resistance but is expected to find support at the moving averages.

Select major altcoins are trading near their overhead resistance levels, but a shallow retracement suggests the recovery may continue.

Bitcoin (BTC) is under pressure as bears try to sustain the price below $91,500. BTC currency funds saw $243.2 million in outflows on Tuesday after bringing in $1.16 billion in the first two trading days of the new year, according to data from Farside Investors. This shows caution at higher levels.

However, a positive sign for BTC is that whales and sharks have accumulated 56,227 BTC since mid-December, according to CoinDesk. Analytics platform OnChain added that cryptocurrency markets “typically follow the path of key whale and shark stakeholders and move in the opposite direction of smaller retail wallets.”

Another buzzer, Bill Miller IV, chief investment officer at Miller Value Partners, told CNBC that BTC is setting a higher base than it was in the spring of 2025.

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

Bitcoin price prediction

BTC declined from $94,789 on Monday, which indicates that the bears are trying to keep the price in the range.

The rebound is expected to find support at the 20-day exponential moving average ($90,022). If Bitcoin price rebounds strongly from the 20-day EMA, a break above the $94,589 resistance is likely. The BTC/USDT pair may rise to the psychological level of $100,000 and then $107,500.

Contrary to this assumption, a break below the moving averages suggests that Bitcoin price may extend its stay in the range for some time. Sellers will return to control if the pair is placed below $84,000.

Ether price prediction

Ether (ETH) broke above the similar triangle pattern resistance line on Tuesday, but the bulls failed to sustain higher levels.

Ether price has re-entered the triangle, with the next support moving averages. If the price recovers from the moving averages, the ETH/USDT pair may rise to $3,659 and then to $4,000.

If the price continues lower and falls below the support line, the advantage is tilted to the bears. This indicates that the breakout above the resistance line may be a bull trap. The pair may drop to $2,623 and then to $2,111.

XRP price prediction

XRP (XRP) reached a descending channel pattern line on Tuesday, which is expected to act as strong resistance.

The moving averages are at the bullish intersection, and the RSI is in the positive zone, which indicates that it is beneficial for buyers. A short-term trend reversal is signaled if the bulls close above the low line. The XRP/USDT pair may rise to $2.70.

Moving averages are expected to act as strong support on the way down. To keep the pair in the descending channel for a few days, sellers need to drop the price of XRP below the moving average.

BNB price prediction

Sellers are trying to stop BNB's (BNB) recovery at the $928 level, but the bulls may have other plans.

The 20-day EMA ($877) has started to gradually rise, and the RSI is in positive territory, indicating that the bulls are dominant. A close above the $928 level completes an upper ascending triangle pattern with a target of $1,066.

Alternatively, if the price of BNB continues lower and breaks below the moving average, it suggests that the BNB/USDT pair may oscillate between $790 and $928 for some time. The bears will return with an order below $790.

Solana price forecast

Solana (SOL) is facing a recovery to $147, but a positive sign is that the bulls have not given much ground to the bears.

If the price deviates from the moving averages, it shows a change in sentiment from selling on rallies to buying on dips. That adds the possibility of a break above the $147 resistance. The SOL/USDT pair could jump to $172.

Conversely, if the price breaks below the moving averages, the bulls are discouraged. Solana price may drop to $116. A strong rebound from the $116 level could indicate a potential range formation in the near term.

Dogecoin price prediction

Dogecoin (DOGE) is trading near $0.16, but the rebound is expected to find support at the moving averages.

If the price rises from the moving averages, it indicates that the bulls see the dips as a buying opportunity. That improves prospects for a rally above the $0.16 resistance. The DOGE/USDT pair may rise to $0.19.

If the price of Dogecoin declines and falls below its moving average, this positive outlook is worthless in the near term. That suggests the bears remain sellers on rallies. The pair may drop to $0.13 and later to $0.11.

Cardano price prediction

Cardano ( ADA ) broke above the 50-day SMA ($0.40) on Monday, but the bulls failed to build on the loss.

On the downside, the bulls are strongly defending the zone between the 20-day EMA ($0.38) and $0.37. If the Cardano price bounces back from the support zone, the ADA/USDT pair may rally towards the $0.50 breakout level.

Conversely, a drop below the $0.37 level indicates that the bears remain highly active. That adds up to the risk of a break below $0.33. The pair could drop to an October 10 low of $0.27.

Related: Here's what's happening in crypto today.

Bitcoin Cash price prediction

Bitcoin Cash (BCH) has returned to the $631 breakout level, which may act as strong support.

A reversal of the Bitcoin Cash price from the $631 level or the 20-day EMA ($609) would indicate that the bulls remain in charge. The BCH/USDT pair may rally towards $651 and eventually towards the strong upside resistance at $720.

The first sign of weakness is a break below the 20-day EMA. This indicates that the buyers are taking profits and the market has rejected the break above the $631 level. The pair may drop to $518.

Chainlink price prediction

Chainlink (LINK) is range-bound between $11.61 and $14.98, indicating buying near support and selling near resistance.

If the price deviates from the moving averages, the LINK/USDT pair may rise above the $14.98 resistance. If that happens, the price of Chainlink could rise to $16.80 and then to $17.66.

Conversely, if the price breaks below the moving averages, it suggests that the pair may remain in the range for some time. The next downtrend may start below $10.94.

High Liquidity Price Prediction

Hyperliquid ( HYPE ) has reached the 50-day SMA ($29) where the bearish rally is mounting strong resistance.

The 20-day EMA ($26.34) is an important support to watch on the downside. If Hyperliquid's price rests above the 20-day EMA, the possibility of a break above the 50-day SMA increases. The HYPE/USDT pair may rally towards the $35.50 breakout level.

Conversely, if the price is below the 20-day EMA, it indicates that the bears will continue to exert pressure. The pair may fall to $23.64 and then to $22.19 support.

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