Is the bull market back?

Is The Bull Market Back?


Key Points:-

Bitcoin has been showing great strength in the short term and opened the gates for the rally to $100,000 and then to $107,500.

Select major altcoins are showing strength, but Monero (XMR) is leading the way.

After the rally on Tuesday, Bitcoin (BTC) bulls are trying to extend the gains above $97,000. The rally was supported by strong buying from institutional investors, according to data from Farside Investors, which saw a strong inflow of $753.8 million on the BTC exchange on Tuesday.

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Crypto sentiment platform Santiment said in a post on X that if BTC starts to “tease $100K in the next few days,” retail traders may experience FOMO.

Another bullish case was presented by crypto analyst Midas, who stated in a post on X that BTC's current structure is following the 2020-2021 cycle. If history repeats itself, BTC may reach $150,000.

Daily View of Crypto Market Data. Source: TradingView

However, not everyone is completely bullish on BTC. Global investment management firm VanEck broke BTC's four-year cycle to 2025 in its Q1 2026 Outlook, which “supports a more cautious near-term outlook for the next 3-6 months. Interestingly, selected analysts from the company differ in their views, adding that it “remains more constructive on the near-term cycle,” the report added.

What are the target levels to expect in BTC and the major altcoins? Let's examine the charts of the top 10 cryptocurrencies to find out.

Bitcoin price prediction

BTC rose above the $94,789 resistance on Tuesday, but the breakout is trading near the $96,846 level.

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BTC/USDT Daily Chart. Source: Cointelegraph/TradingView

The upward 20-day exponential moving average ($91,418) and the Relative Strength Index (RSI) near the overbought zone indicate that the bulls are in control. A close above the $96,848 level would clear the way to $100,000 and then $107,500.

The first support on the downside is the breakout level of $94,789 and then the 20-day EMA. To weaken the momentum, sellers need to quickly lift the price below the 50-day simple moving average ($89,959).

Ether price prediction

Ether (ETH) broke above the support line of a balanced triangle pattern on Tuesday, indicating that the bulls have beaten the bears.

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ETH/USDT Daily Chart. Source: Cointelegraph/TradingView

The bears will try to bring the price back into the triangle, but if the bulls successfully defend the defensive line, the ETH/USDT pair can rally to $3,659 and then to $4,000.

Contrary to this assumption, if the price slips into a triangle, it may find support at the moving averages. If the price pulls back from the moving averages, the bulls will try to resume the upward movement. The bears are back in the driver's seat at a close below the support line.

XRP price prediction

XRP (XRP) broke the moving averages on Tuesday, indicating strong demand at lower levels.

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XRP/USDT Daily Chart. Source: Cointelegraph/TradingView

An uptrending 20-day moving average ($2.06) and an RSI in positive territory indicate that the bulls are dominant. That increases the likelihood of a break above the downtrend line, indicating a potential trend reversal. The XRP/USDT pair could rally to $2.70.

If the XRP price declines and breaks below the moving average, this positive outlook will be worthless in the near term. This indicates that the pair may remain in the descending channel for some time.

BNB price prediction

BNB (BNB) closed above the $928 level on Tuesday, completing a bullish ascending triangle pattern.

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BNB/USDT Daily Chart. Source: Cointelegraph/TradingView

The bears will try to trap the aggressive bulls by pulling the price of BNB below the moving average. If they are able to do that, the BNB/USDT pair could move to the top line and then down to $790.

Conversely, if the price changes from the $928 level, it indicates that the bulls have reversed the level to support. That adds to the possibility of a rally to the $1,066 pattern target.

Solana price forecast

Solana (SOL) reached the level of $147 on Tuesday, the bears are expected to pose a strong challenge.

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SOL/USDT Daily Chart. Source: Cointelegraph/TradingView

The uptrending 20-day EMA ($135) and the RSI near the overbought zone suggest that the path of least resistance is up. If buyers clear the $147 level, the SOL/USDT pair could increase its momentum towards $172.

Moving averages are an important support to watch on the downside. The Bulls were desperate for a break below the moving midfielders. That could keep Solana prices in the $117 to $147 range for a few more days.

Dogecoin price prediction

Dogecoin (DOGE) recovered from the moving averages on Tuesday, indicating that the bulls are trying to take charge.

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DOGE/USDT Daily Chart. Source: Cointelegraph/TradingView

If buyers push the price above the $0.16 resistance, the DOGE/USDT pair will complete a head-and-shoulders reversal pattern. Dogecoin price can reach the target objective of $0.20.

Instead, if the price drops significantly from the $0.16 level, it suggests that the bears will continue to sell in rallies. That could keep the pair between $0.16 and $0.12 for some time.

Cardano price prediction

Buyers successfully defended at Cardano (ADA)'s 20-day EMA ($0.39), indicating positive sentiment.

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ADA/USDT Daily Chart. Source: Cointelegraph/TradingView

There is minimal resistance at $0.44, but if the level is crossed, the ADA/USDT pair may rally towards the $0.50 breakout level. The recovery is expected to wait for a significant sell-off at the level of $0.50, but if the bulls are defeated, the price of Cardano may rise to $0.60. Such a move indicates a trend that is likely to change in the near future.

If sellers want to maintain their advantage, they need to quickly cut prices below the moving averages. The pair could slide to $0.33.

RELATED: Bitcoin Freezes to $96.5K as Markets Suspend US Tariff Uncertainty

Monero price prediction

Monro (XMR) rallied sharply after breaking above the 20-day EMA ($510) on Saturday, indicating bulls are aggressively buying.

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XMR/USDT Daily Chart. Source: Cointelegraph/TradingView

The vertical rally pushed the RSI above the 87 level, indicating that the XMR/USDT pair is overbought in the near term. That could lead to a few days of consolidation or correction in the near term.

Any pullback is expected to find support at the 38.2% Fibonacci retracement level at $607. A shallow correction increases the probability of a continuation of the rise. Monero price may rise to $915. The momentum is expected to weaken soon below the 50% retracement level of $571.

Bitcoin Cash price prediction

Bitcoin Cash (BCH) is trying to find support at the moving averages, but the bears continue to put pressure.

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BCH/USDT Daily Chart. Source: Cointelegraph/TradingView

A break and close below the 50-day SMA ($589) suggests that the market has rejected a breakout above the $631 level. That could trap aggressive bulls by pulling the BCH/USDT pair to $563 and later to $518.

On the contrary, the bulls will try to continue the increase by pushing the price of Bitcoin Cash above the $670 level. If they can pull through, the pair could rise to $720, where the sellers are expected to enter.

Chainlink price prediction

Chainlink ( LINK ) was well above the moving averages on Tuesday, indicating that the bulls are trying to form a higher low.

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LINK/USDT Daily Chart. Source: Cointelegraph/TradingView

The bulls will try to strengthen their position by pressing the price of Chainlink above the $14.98 resistance. If they manage to do that, the LINK/USDT pair could rally to $17.66. That brings the larger $10.94 to $27 range into play.

Sellers may have other plans. They will try to stop the recovery at the $14.98 level and pull the price below the moving average. That puts the pair in the $11.61 to $14.98 range for some time.

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.

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