Bitcoin is still in a narrow range without clear signs of a breakthrough. The QCP Capital trading platform said in its latest market update that Bitcoin (BTC) may remain still for a few weeks before moving in September.

Kevin Kelly, co -founder of Delphi Delphi, believes that cryptocurrency markets are at an early stage of the novel bull cycle. Based on the study of the four -year Bitcoin cycle patterns, Kelly expects Bitcoin to reach the novel highest all time until the fourth quarter of 2024 and the novel summit of the cycle to the fourth quarter of 2025.

Similarly, the investor and author Bitcoin Jesse Myers also maintains a stubborn view in the long run, but does not expect Bitcoin to reach $ 100,000 before the next half. Myers believes that the market will last 12-18 months after reducing by half to the price.

Will Bitcoin and the main altcoins remain in the near future or is there a break on the horizon? What critical levels should be careful about? Let’s examine the charts of the 10 best cryptocurrencies to find out.

Bitcoin prices analysis

Bitcoin has increased above the 20-day interpretation of the movable EMA by $ 29,383 on August 14, but the long wick on the candlestick shows sales at higher levels.

The BTC/USDT pair remains below 20-day EMA, and the relative force indicator (RSI) is located on a negative territory. This suggests a slight advantage for bears. The couple may slip into critical support after USD 28,585.

If the price revives this level with strength and increases above 20-day EMA, it signals that the couple can continue to oscillate from 28,585 to 30,350 USD for a long time.

Bears will go upstairs if they sink and keep a price below 28,585 USD. This may start a decrease in the direction of $ 26,000.

Analysis of ether prices

Failure to comply with ether (ETH) above 20-day EMA (USD 1,847) over the past few days has been able to attract sales. This brought a price to critical low -term support at USD 1,816.

The 20-day EMA began to fall gradually, and RSI is in a negative territory. This suggests that bears have an advantage. If prices slip below USD 1,816, sales may intensify, and the ETH/USDT pair may drop to 1700 USD.

Bulls is exhausted. If they want to save the situation, they will have to quickly exceed the price above the 50-day straight movable average (SMA) in the amount of USD 1,875. If they do this, the couple can start a journey towards $ 1930, followed by $ 2000.

BNB price analysis

BNB (BNB) rejected and immersed below the support line of the symmetrical triangle pattern on August 15. This shows that the uncertainty between the bulls and the bear gave way to the minus.

If the price stays below the triangle, the BNB/USDT pair may fall to the necessary support of USD 220. This level will probably attract aggressive shopping via bulls. If the price reflects at this level and increases above the average traffic, it indicates that the couple can still exceed $ 265 to USD 220 for some time.

Alternatively, if the price is smaller and breaks below 220 USD support, it will indicate the resumption of inheritance inheritance. The couple can then break down to the target of 196 USD.

XRP price analysis

XRP (XRP) broke and closed below 50-day SMA (0.62 USD) on August 15, signaling that bears remain under control.

The XRP/USDT pair may go down to the level of 0.56 USD breakthrough. This remains a key level of defense of Bulls, because if this support is subsided, sales can pick up, and the couple can dive up to 0.45 USD.

In contrast to this, if the price revives $ 0.56, suggests that Bulls are trying to transfer the level to support. Buyers will have to overcome the barrier at movable average to start a stronger recovery up to USD 0.74.

Dogecoin price analysis

The bears jerked dogcoin (dog) below the support line of the pattern of the channel growing on August 15, which tipped the advantage in favor of the bear.

Bulls are probably guarding the 0.07 USD breakthrough. If the price reflects at this level, the Doge/USDT pair may climb 20-day EMA (0.07 USD) and later to the relegation line. If the price rejects from this resistance, it will boost the likelihood of a decline below 0.07 USD. If this happens, the couple could transfer to USD 0.06.

If Bulls want to prevent falling, they will have to quickly push back the price above the relegation. If they succeed, the couple can gather up to USD 0.08.

Cardano price analysis

Cardano (ADA) still falls into a falling channel pattern. This shows that bears remain strongly in the driver’s seat.

The ADA/USDT couple has reached the channel support line. If this support disappears, the couple can organize $ 0.26, and then to 0.24 USD. The bulls are expected to guard this level with all power, because if this support is falling apart, the couple may resume the downward trend.

This negative view will be annulled in the near future if the price goes from the current level and increases above the channel. This can open the door to the Facilitate Rally up to USD 0.34.

Solana price analysis

Solana (SOL) rejected and fell below 20-day EMA ($ 23.99) on August 15. Bears are trying to build on this, maintaining a price below 50-day SMA ($ 23.20).

The SOL/USDT pair can slip with critical support after USD 22.30. If the price reflects from this level, the couple may meet with powerful sales at medium traffic. If the price drops as a result of the moving average, it will improve the perspectives of a decline below USD 22.30. The couple may then fall to USD 18.

Unlike this, if the price increases and breaks above the 20-day EMA, it suggests that the range of 26 to 22.30 USD remains intact. The couple could then gradually climb the general resistance for $ 26. A break and close to this level will suggest that the bulls are coming back.

Related: Why is the price of Litecoin reduced today?

Multiocyte price analysis

The repetitive failure of the bulls of multiplication (MATIC) above 20-day EMA (0.68 USD) could boost sales. This reduced the price below the support of nearly 0.65 USD on August 15. Another support to be sought in the minus is 0.60 USD.

RSI is approaching the level of sale, which indicates that sales could have been exaggerated in the near future. Buyers will try to start a reflection, which can reach $ 0.65, followed by a 50-day SMA (0.70 USD).

If the price rejects from the resistance over the head, it signals that the bears have an advantage. This may boost the likelihood of a decline below 0.60 USD. The couple can then move towards 0.50 USD.

If the bulls want to return, they will have to kick and maintain the price above the average traffic.

Litecoin price analysis

Litecoin (LTC) fell and closed below a powerful support of USD 81.36 on August 15, which indicates that bears are commanded.

The RSI is located on a sold -out territory, which indicates that consolidation or reflection can be around the corner around the corner. Bulls can try to defend the rising line. If the price retreats from this level, it can face the sale for USD 81.36, and then again on the downtrend line.

If the LTC/USDT pair rejects from the obstacle on the road, it indicates that the moods remain negative and traders sell on rallies. This will boost the possibility of a fall to 70 USD.

The first sign of strength will be a break and closes over the relegation line. This can pristine the path of a possible rally to a 50-day SMA (USD 91.70).

Polkadot price analysis

Failure of bears bears bears in achieving a powerful reflection in the amount of $ 5 in Polkadot (Dot). This aroused the price below the support on August 15.

Bulls bought a decrease below the next support for USD 4.74, but they try to keep recovery. He suggests that bears are still selling on every petite support rally. If the price is continued and falls below USD 4.60, it suggests that the Dot/USDT pair is in a powerful bear handle. This can cause a decrease to USD 4.22.

Buyers are probably fiercely defending the zone from $ 4.22 to USD 4.37. On the other hand, the bulls will have to lower the price above 50-day SMA ($ 5.16) to signal the return. The couple could then boost to the relegation line.

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.