5 best cryptocurrencies to be careful in the near future

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Key points:

  • Bitcoin remains stuck below $ 105,000 over the weekend, but the minus looks confined.

  • Any rally with a relief in Bitcoins can drive ETH, Hype, Tao and QNT above.

Bitcoin (BTC) remains stuck below USD 105,000 at the weekend, which indicates that the sellers have maintained pressure.

Cryptochan said in his latest report sent to Cointelegraph that “some Bitcoin demand indicators can reach a short -term top, which can mean pause in the current rally.”

On the other hand, analysts predict that Bitcoin will find a mentally key level of $ 100,000. Even if the level breaks, the defect looks confined. Glassnode shows that the low -term implemented price is USD 96,000. Historically, Bitcoin did not maintain below the low -term price implemented for a long time in bullfs.

Daily view of cryptographic market data. Source: Coin360

Public perspectives are not confined to bitcoin itself. Selected analysts believe that the patterns of Ether (ETH) charts indicate at the beginning of the next Altcoin season, which can cause a massive rally in Altcoins if the story repeats.

Can Bitcoin start a relief rally in the direction of USD 109,588, attracting altcoins higher? If so, let’s look at cryptocurrencies that look mighty on the charts.

Forecasting bitcoin prices

Bitcoin has fallen below the 20-day interpretation of the movable medium (USD 105,232) on May 30, signaling the weakness of the stubborn shoot.

Daily BTC/USDT chart. Source: Cointelegraph/TradingView

Bulls are trying to move the price above 20-day EMA, but they will probably be dealing at higher levels. If the price drops from a 20-day EMA, the BTC/USDT pair may drop to $ 100,000. It is expected that the bulls will defend the level of 100,000 USD with all their power, because the decrease below may start a decrease in the direction of USD 93,000.

A 20-day EMA flattening and relative force indicator (RSI) near the middle point suggest possible action related to range in the near future. Buyers will have to bring a pair above USD 111,980 to open the door to a rally up to USD 130,000.

4-hour BTC/USDT table. Source: Cointelegraph/TradingView

Both movable average are decreased, and RSI is in negative territory, which indicates a slight advantage for bears. Sellers will try to stop recovery in 20. If they manage to do this, the couple could reject and fall below the support of USD 103,000. This removes the slide path to $ 100,000.

On the other hand, a break and close to 20 suggests that bulls are trying to return. The couple may then augment to a 50-second movable average, which will probably attract sellers.

Forecasting the price of ether

The ether returned to the 20-day EMA (USD 2496) after he did not maintain resistance of USD 2738 on May 29.

Daily chart ETH/USDT. Source: Cointelegraph/TradingView

The buyer managed to defend 20-day EMA, but the lack of mighty reflection increases the risk of failure. If this happens, the ETH/USDT pair may fall to USD 2323. The buyers are expected to defeat the level vigorously, because the break below may deepen their withdrawal to the 50-day SMA (USD 2133).

Instead, if the price increases rapidly from the current level, it suggests buying on dips. Bulls will take another attempt to neat an obstacle of 2,738 USD. If they succeed, the couple can collect up to USD 3000, then up to USD 3253.

4-hour ETH/USDT chart. Source: Cointelegraph/TradingView

The 4-hour chart shows that the couple have been consolidating from 2462 to 2738 USD for some time. Downsloping 20 and RSI in the negative zone signal, which has an advantage. If it breaks in the amount of USD 2,462, the pair may drop to USD 2,323.

Alternatively, if the price increases and a break above average traffic, suggests that the range related to range can last longer. The buyers will return to the driver’s place during the break above 2800 USD.

Anticipating the price of hyperlic

Hyperliquid (Hype) withdrew rapidly from USD 40, but finds support on an EMA 20-day (USD 30.76).

Hype/USDT Daily. Source: Cointelegraph/TradingView

This signals a positive sentiment in which bulls buy on dips. Bulls will have to exceed the price above 35.73 USD to strengthen their position. If they manage to do this, a steam/USDT pair can collect up to USD 40, and ultimately to 42.25 USD.

This bullish view will be negated in the near future if the price drops from the current level and breaks below 20-day EMA. The couple can then go down to a breakthrough of USD 28.50.

4-hour noise table/USDT. Source: Cointelegraph/TradingView

Bulls are trying to push the pair over 20, but face the mighty resistance of the bear. If the bulls win, the couple could augment to resistance to a total level of 35.73 USD.

On the contrary, if the price drops with 20, he suggests that bears are trying to take control. Sales can accelerate during a break and close below 30.59 USD. The couple can then go down to USD 28.50.

Related: Here’s what happened today in Crypto

Bitentor prices forecast

Bittensor (Tao) appeared rapidly from 50-day SMA (USD 379) on May 31 and reached resistance at USD 495.

Daily chart TAO/USDT. Source: Cointelegraph/TradingView

Sellers successfully defended USD 495, but if the price stays above 20-day EMA (USD 421), it suggests that the bulls are buying on dips. This increases the likelihood of a break and closing above USD 495. If this happens, the Tao/USDT pair will complement the stubborn opposite head and shoulders. The couple could then collect up to USD 589, and later to 720 USD.

Sellers will probably have other plans. They will try to draw a price below 20-day EMA and challenge the 50-day SMA. The break and closing below the 50-day SMA tilts the advantage in favor of the bear.

4-hour TAO/USDT table. Source: Cointelegraph/TradingView

The 20th it began to appear gradually, and RSI is near the middle point, which signals a slight advantage for bulls. If the price is reflected from 20 with force, the couple can rise to 460 USD. Sellers will try to stop the 460 USD traffic, but if the bulls have a road, the couple can reach USD 480.

In contrast to this assumption, a break and a closure below 20 indicates that bulls lose their grip. The couple may break down to USD 396, and then to USD 366.

Forecasting quantitative prices

Quant (QNT) rejected from USD 120 on May 28, but withdrawal finds support on an EMA 20-day (USD 101).

Daily chart QNT/USDT. Source: Cointelegraph/TradingView

Medium movable and RSI on the positive territory suggest that the path of the lowest resistance is position. If buyers direct a price above USD 120, the QNnt/USDT pair can collect up to $ 142. It is resistance of USD 124, but it will probably be exceeded.

And vice versa, if the price drops and breaks below 20-day EMA, it indicates that the bears took control. This opens the gates to a decrease to the 50-day SMA (USD 87).

4-hour QNT/USDT chart. Source: Cointelegraph/TradingView

The 20th has expanded, and the RSI is close to the middle point, which suggests a balance between pad and demand. Buyers will have to drive a price above USD 113 to take control. The couple could then collect up to USD 120.

The first sign of weakening will be a break and closes below the 50th. This increases the risk of falling below USD 103 support. If this happens, the couple could fall to solid support of USD 92.

This article does not contain investment advice or recommendations. Each investment and commercial movement involves risk, and readers should conduct their own research when making decisions.

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