On February 9, Bitcoin (BTC) increased briefly above USD 96,500, but the overall daily price campaign was more in trading in the sides, as traders are waiting for the catalyst to start movement. The longer the price is within range, the stronger the break or failure from it is ultimately.

CEO of Cryptoquant, Ki Youthful Ju, said in a post on X that Bitcoin would remain in the bulls phase, even from a 30% decrease to 77,000 USD, based on historical cyclical patterns. In a separate post on the blog “Quicktake” analyst Cryptoquant Timo Oinonen said that a piercing correction in Bitcoin “can be too many months or even a year.”

Even when Bitcoin consolidates, some analysts change the ether (ETH) positively. Santimist analysts said in the post on X that only 6.38% of available Ether’s supply remains on the stock exchanges, because investors continue to transfer it to frigid wallets. This reduces the possibility of significant sale, but analysts added that the data should be considered a long -term record, and not to apply the trafficking of the swing.

Can Bitcoin exceed the critical resistance worth $ 100,000 and attract altcoins higher? Let’s analyze the charts of the 10 best cryptocurrencies to find out.

Bitcoin prices analysis

Sellers pulled out bitcoins below USD 94,000 on February 18, but a long tail on the candlestick shows solid shopping at lower levels.

The 20-day interpretation of the movable average (97,539 USD) began to reject, and the relative force indicator (RSI) is on negative territory, which indicates a compact advantage for the bear. If the price drops from a 20-day EMA, the BTC/USDT pair may drop to the support of 90,000 USD. It remains key levels so that Bulls can defend itself, because a break below 90,000 USD will end a double pattern.

If the buyers want to return, they will have to exceed the price above the 50-day straight movable average (USD 98,954). If they do this, the couple can rise to USD 102,500, and then to USD 106,500.

Analysis of ether prices

The ether trades below the level of $ 2850 in the last few days, but bears have not removed the price below USD 2,500. This suggests that sales will arid at lower levels.

Buyers will try to exceed the price to the relegation line, which is a key level for bears to defend. If the price drops from the relegation line, but it will find support on an EMA 20-day (USD 2,789), it will signal the purchase on DIPs. This increases the ability to break above the relegation line. The ETH/USDT pair may then boost to $ 3,400.

In contrast to this assumption, if the price drops and breaks below USD 2,500, the pair may drop to 2400 USD, and then to USD 2,300.

XRP price analysis

XRP (XRP) is witnessing a hefty battle between bulls and bears near the average movable.

If the price drops from the moving average, the bears will try to sink a pair of XRP/USDT below the supporting line of the symmetrical triangle. If they succeed, the couple may fall to a solid support of USD 1.77.

This negative view will be annulled in the near future if the price increases and breaks above average traffic. The couple can gather to the bottom line, where the bears are expected to attach a sturdy defense.

Solana price analysis

Solana (SOL) plunged and closed below the support of 175 USD on February 18, which indicates a deeper correction.

However, buyers are unlikely to give up easily. They will try to undo the price above USD 175. If they succeed, he suggests that a failure below 175 USD could have been a bear trap. The SOL/USDT pair may boost to the 20-day EMA (USD 195), and later to the 50-day SMA (USD 211).

On the contrary, if the price drops from 175 USD, it suggests that the bears have exceeded the level to support. The couple may break down to USD 155, and then to USD 133.

BNB price analysis

BNB (BNB) tries to reflect support of USD 635, signaling solid demand at lower levels.

The relief rally is expected to be sold at 50-day SMA (USD 670). If the buyers push and maintain a price above 50-day SMA, it means that the BNB/USDT pair can move between 745 and 635 USD for several days.

On the contrary, if the price drops from the moving average, it will indicate sales at compact rallies. This increases the probability of a break below USD 635. If this happens, the couple can move to USD 596, then to USD 557.

Dogecoin price analysis

Dogecoin (dog) gradually falls towards the support line of the decreasing channel pattern, which indicates that bears are responsible.

The buyers are expected to defend the support line, but if the bears wins, the Doge/USDT pair may check the low level of 0.20 USD again on February 3. If this level also breaks, the pair may drop to USD 0.15.

The first sign of strength will be a break and closes above 20-day EMA (0.27 USD). The steam can then boost to the 50-day SMA (0.31 USD), which is to attract sturdy sales through bears.

Cardano price analysis

Cardano (ADA) rejected from 20-day EMA (0.79 USD) on February 18, which indicates that the sentiment remains negative and salesmen sell at rallies.

Bears will try to pull the price to the support line of the decreasing channel pattern, which is a critical level to be careful about. The break and closing below the support line may sink a pair of ADA/USDT to 0.50 USD.

On the other hand, the bulls will have to push and maintain a price above 20-day EMA to start moving to the 50-day SMA (0.90 USD). Such a movement suggests that the couple can extend their stay on the channel.

Related: How long will the consolidation of Bitcoin prices take?

Chain price analysis

Link (link) rejected violently from $ 19.25 on February 18, which indicates that bears are trying to transform the level into resistance.

If the price closes below USD 17, it will signal the beginning of deeper correction. Link/USDT pair may fall to low level 3 February 15.40 USD. The buyers are expected to defend this level as a break below, they can sink a pair to USD 13.

Bulls is exhausted. If they want to return, they will have to push and maintain a price above 20-day EMA (USD 19.61). The couple can then collect up to $ 22, which suggests that the markets have rejected a failure below $ 19.25.

Star price analysis

Stellar (XLM) has created a immense pattern of a decreasing triangle, which will end during the break and close below 0.31 USD.

Downsloping 20-day EMA (0.34 USD) and RSI on negative territory indicate the advantage of sellers. If $ 0.31 breaks, sales may get worse, and the XLM/USDT pair may drop to USD 0.26, and then to 0.20 USD.

Instead, if the price exceeds the 20-day EMA, it will open the door to a possible rally to the relegation line. Buyers will have to break through the fall line to indicate that the correction may end.

Litecoin price analysis

Litecoin (LTC) burst above the symmetrical triangle pattern on February 19, which indicates that indecision was solved in favor of bulls.

20-day EMA UpSloping (121 USD) and RSI in a positive zone suggest that the path of the lowest resistance is additional. If the buyers maintain the price above the retaining line, the LTC/USDT pair may boost to 147 USD. The purpose of the pattern from the breakthrough of the triangle is $ 197.

Unlike this assumption, if the price does not persist above the retaining line, it will signal a lack of demand at higher levels. The couple can then fall to a 20-day EMA, which is to act as sturdy support.

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.