Will the bulls buy the dip?

Key Points:-

Bitcoin is trying to recover, but higher levels may attract bearish selling.

Several major altcoins are in danger of breaking below their support levels.

Bitcoin (BTC) has risen above the $86,000 level, but bulls are struggling to maintain higher levels. It features selling at demonstrations.

Although analysts are divided about BTC's latest prospects, Binance co-founder Changpeng Zhao said in an interview with CNBC that BTC could witness a very good cycle in the next 12 months.

In contrast, Bloomberg Intelligence strategist Mike Maglon said in an interview with Cointelegraph that he has placed BTC at long-term highs. He added, “I don't know where the bottom is, but it will be like cheap medicine.”

However, many institutional investors have a different opinion as they believe that BTC is undervalued between $85,000 and $95,000. In Coinbase's Charting Crypto Q1 2026 report, 80% of institutional investors surveyed plan to hold or add to their crypto positions in the fall, with another 10% planning to hold or add to their crypto positions.

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

S&P 500 index price forecast

The S&P 500 Index ( SPX ) rebounded sharply against its 50-day moving average (6,840) on Tuesday, indicating that it was bought on the dips.

The 20-day exponential moving average (6,904) is flat, and the relative strength index (RSI) is above the midpoint, indicating that bullish momentum is weakening. Buyers need to push the price above the 7,000 level to initiate the next uptrend towards 7,290.

Sellers may have other plans. They will attempt to pull the price below the 50-day SMA by initiating a deep correction towards 6,720.

US dollar index price forecast

The US Dollar Index (DXY) slipped below its moving average on Tuesday and below support at 97.74 on Friday.

Sellers will try to lift the price to strong support at 96.21, which is a critical level to watch out for. If the support gives way, the index may resume its lows to the 94.62 level.

Buyers have an uphill task ahead of them. The range of the index is bound between 96.21 and 100.54, so the price should rise above the moving averages.

Bitcoin price prediction

BTC rejected the 20-day EMA ($90,521) on Friday and fell below the high line on Sunday.

The 20-day EMA has started to decline, and the RSI is in the negative zone, which indicates a bearish advantage. Any attempt at a recovery is expected to sell off by the moving averages. If the price drops from the moving averages, the BTC/USDT pair may drop to $84,000 and then to $80,600.

If the price of Bitcoin reverses and breaks above its moving average, this negative view is worthless in the near term. The pair may rise to the $97,924 capacity barrier.

Ether price prediction

Ether (ETH)'s symmetrical triangle pattern turned downward on Sunday with a break below the support line.

Buyers will attempt to push Ether's price back into the triangle, but are expected to face strong resistance from the bears. If the price declines significantly from the moving averages, the possibility of a drop to $2,623 will increase.

The bulls need to push the price back above the fast moving averages to signal that a break below the triangle could be a bear trap. The ETH/USDT pair may rise to the triangle resistance line.

XRP price prediction

XRP (XRP) is gradually falling into a descending channel pattern, suggesting that the bears remain in control.

There is support at $1.81, but the rally may face selling at the 20-day EMA ($1.97). If the price declines significantly from the 20-day EMA, the XRP/USDT pair may fall to a strong support at $1.61.

On the contrary, if the price of XRP breaks above the moving averages, the recovery may reach the lower line. A close above the lower line indicates a possible trend reversal in the near term.

BNB price prediction

BNB (BNB) closed below the 50-day SMA ($883) on Sunday, suggesting the bulls are losing their grip.

The upward retracement line is expected to sell at the 20-day EMA ($896). If the price of BNB breaks below the 20-day EMA, there is a possibility of a drop to the $790 support. Buyers should defend the $790 level with all their might, because a close below may continue the downtrend.

The first signal of strength will be a close above the moving averages. The BNB/USDT pair can climb to the $959 profit barrier.

Solana price forecast

Solana (SOL) lifted the $117 support on Monday, indicating that the bulls are maintaining the level.

The rally is expected to sell off at the 20-day EMA ($131). If the price falls significantly below the 20-day EMA, the risk of a break below the $117 level increases. The SOL/USDT pair may dive to the strong support at $95.

Contrary to this assumption, if the price of Solana turns around and breaks above the moving averages, it indicates that the pair will continue to fluctuate in the range of $117 to $147 for some time.

Related: Bitcoin Coinbase Premium Remains Deeply Negative: $66K BTC Price Next?

Dogecoin price prediction

Buyers are trying to keep Dogecoin (DOGE) above the $0.12 level, but the bears continue to put pressure.

If the $0.12 support gives way, the DOGE/USDT pair may begin the next leg of its downward journey towards the October 10, 2025 low of $0.10.

If the price returns from the current level, the bears will try to stop the return with moving averages. If that happens, there is a chance of a break below $0.12. Buyers should drive Dogecoin price above its moving average to keep the pair in the $0.12 to $0.16 range.

Cardano price prediction

Cardano (ADA) has broken out of the $0.33 support, which is an important recent level to watch out for.

To signal strength, buyers should quickly advance Cardano's price above the lower line. The ADA/USDT pair may rise to the $0.50 breakout level, which is expected to pose a strong challenge to the bulls.

Sellers try to stop a retracement on a downtrend line. If the price is reduced from the resistance above, the bears will again try to pull the pair below $0.33. If successful, the next stop could be the support line of the descending channel pattern towards the October 10, 2025 low of $0.27.

Bitcoin Cash price prediction

Bitcoin Cash (BCH) dropped from the 20-day EMA ($596) on Sunday, but a little positive bulls hold the $563 level.

The 20-day EMA and RSI are in negative territory and the bears will again try to push the price of Bitcoin Cash below the $563 support. If you manage to do that, the BCH/USDT pair will complete a bearish head and shoulders pattern. The pair could drop to $518.

Conversely, if buyers drive the price above the moving averages, the pair could rally to $631. Sellers are expected to defend the zone between $631 and $670.