Bitcoin Recovers $77.5K As Altcoins Finally Show Strength

Cointelegraph


Key Points:-

Bitcoin is at a critical juncture as a finish below $76,000 could solidify a return to $70,000.

Bitcoin (BTC) rose above $77,500, but the recovery is expected to face resistance in the $78,500-$82,000 range. Fireside Investors reported that $979.7 million was withdrawn from spot BTC exchanges this week. DataInvestors are advised to be careful in the near future.

Crypto analyst RD said in a post on X. The next test is the $74,000 to $75,000 zone It may be the most important challenge of this entire bear market. The zone is important because it was seen as strong resistance in 2024 and then reversed to support again in 2025. A break below the support zone “could push the market back into bear market lows.”

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Daily View of Crypto Market Data. Source: Trading view

Although BTC looks weak in the near future, analysts do not expect a major fall. CryptoQuant Analyst Sunny Mom's recent QuickTake analysis suggests that if BTC holds the $70,700 level, perhaps Strengthening in the range of 70,000 to 82,000 dollars “To burn time and integrate the supply.”

Could BTC and the major altcoins start a strong recovery? Let's examine the charts of the top 10 cryptocurrencies to find out.

Bitcoin price prediction

BTC is trying to break the breakout level at $76,000, which indicates that the bulls are trying to turn into support.

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BTC/USDT Daily Chart. Source: Cointelegraph/Trading view

Sellers are not likely to give up easily and may strongly defend the 20-day EMA ($78,484). A break below $76,000 will increase the risk of BTC price falling significantly below the 20-day EMA. If that happens, the BTC/USDT pair may fall towards the support line.

Conversely, a close above the 20-day EMA signals lower levels. The bulls will try to push the pair above the resistance at $84,000. This is a critical level for bears to defend as a close above it clears the way for a rally to $97,924.

Ether price prediction

ether (ETH) fell below the support line of the ascending channel pattern on Sunday, but bears failed to capitalize on the breakout.

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ETH/USDT Daily Chart. Source: Cointelegraph/TradingView

The bulls are trying to push the ETH price back into the channel. If they succeed, the next hurdle could be against the moving averages. If the price declines significantly against the moving averages, the risk of a move down to $1,916 increases.

Alternatively, a close above the moving averages indicates that the market has rejected a break below the support line. The ETH/USDT pair may rally towards $2,465 and then to the resistance line.

BNB price prediction

BNBBNB) is trying to find support at the 50-day SMA ($629), which indicates the absence of strong selling at lower levels.

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BNB/USDT Daily Chart. Source: Cointelegraph/TradingView

If the price closes above the 20-day EMA ($648), the bulls will again try to push the BNB/USDT pair to the $687 resistance. Sellers are expected to defend the level strongly, as a close above it could push the price of BNB to $730 and then to $790. This indicates that the pair may be down in the short term.

Instead, if the price declines and breaks below the 50-day SMA, it suggests that the pair may remain in the $570 to $687 range for some time.

XRP price prediction

XRP (XRP) closed below the 50-day SMA ($1.39) on Monday, but a slight positive is that the bulls are not letting the price drop to $1.27.

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XRP/USDT Daily Chart. Source: Cointelegraph/TradingView

Buyers must achieve a distance above the low line to signal their return. The XRP/USDT pair may rise to the $1.61 level, with bears expected to enter. A close above the $1.61 resistance indicates a potential trend reversal. XRP price may increase to $2 and later to $2.40.

On the contrary, if the price is low and or if it falls below the down line, it suggests that the bears should stay under control. That adds to the risk of a break below $1.27 support. If that happens, the pair could drop to $1.11.

Solana price forecast

Solana (SOL) has held above $82.65 support over the past few days, but bulls are struggling to trigger a strong rebound.

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SOL/USDT Daily Chart. Source: Cointelegraph/TradingView

The 20-day EMA ($87.93) has started to decline, and the RSI is in negative territory, indicating slight upside for the bears. If the price of SOL deviates significantly from the 20-day EMA, a break below $82.65 is likely. The SOL/USDT pair may drop to $76 support.

Buyers may have other plans. They will try to push the price above the 20-day EMA and the $91 resistance. If they do that, the pair can reach the $98 level.

Dogecoin price prediction

Dogecoin (Doug) stuck in the $0.09-$0.12 range, indicating buying on dips and selling on rallies.

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DOGE/USDT Daily Chart. Source: Cointelegraph/TradingView

The bulls are trying to start a breakout above the 50-day SMA ($0.10), but are expected to face a hurdle at the 20-day EMA ($0.11). If the price of DOGE declines significantly from the 20-day EMA, the possibility of a drop to $0.09 will increase.

On the other hand, a close above the 20-day EMA suggests that the DOGE/USDT pair may climb towards the $0.12 resistance. Buyers should push and hold above $0.12 to signal the start of a new uptrend towards $0.14 and then $0.16.

High Liquidity Price Prediction

high fluid (Hype) closed above the $45.77 resistance on Monday, indicating a resumption of the rally.

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HYPE/USDT Daily Chart. Source: Cointelegraph/TradingView

There is resistance at $51.43, but if the bulls pierce the level, the HYPE price could rise to $59.41. Sellers are expected to aggressively defend the $59.41 level, as a break above it could push the HYPE/USDT pair into uncharted territory.

The first support on the downside is the $45.77 level and then the 20-day EMA ($44.11). Sellers should price below the 20-day EMA to signal that the bulls are losing their grip. The pair may fall towards the 50-day SMA ($41.62).

Related: Ethereum Traders Warn Of ‘Ominous' ETH Price Drop If $2K Support Is Breached

Cardano price prediction

Cardano (ADA) is stuck at the 50-day SMA ($0.25), which indicates that the bulls are trying to retrace the level.

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ADA/USDT Daily Chart. Source: Cointelegraph/TradingView

Any recovery is expected to be sold at the 20-day EMA ($0.26). If the price breaks down significantly from the 20-day EMA, the bears will try to drive the ADA/USDT pair to a strong support at $0.22.

On the upside, a break and close above the 20-day EMA shows strength. ADA price may rise to $0.29, then to $0.31, bears may mount strong resistance.

Zcash price prediction

Zcash (ZEC) rose above the 20-day EMA ($519) on Sunday, indicating that bulls will continue to buy the dips.

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ZEC/USDT Daily Chart. Source: Cointelegraph/TradingView

Buyers need to drive the ZEC price above $643 to initiate the next level of growth. The ZEC/USDT pair may rise to $750, with the bears expected to mount a strong resistance.

The first support to watch on the downside is the 20-day EMA. A break and close below the 20-day EMA indicates that traders are taking profits. That could pull the pair to the 61.8% Fibonacci retracement level towards $442.

Bitcoin Cash price prediction

Bitcoin Cash (B.C.H) closed below $419 support on Saturday, indicating a resumption of the downtrend.

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BCH/USDT Daily Chart. Source: Cointelegraph/TradingView

The sell-off accelerated, and the BCH/USDT pair fell below the $375 support on Monday. Buyers are trying to bring the price back above $375, but the bears have maintained their position. If the price of BCH declines below $375 and breaks below $348, the pair may drop to $300.

Buyers have an uphill task ahead of them. They need to push the price above the 20-day EMA ($421) and hold it to show a reversal.

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