Key points:

• Bitcoin is a witness to a weighty battle between bulls and bears at the level of $ 95,000.

• Solid shopping through the Bitcoin ETF Investors spot lights a positive change in investor moods last week.

• Choose altcoins have maintained the level of support, increasing the likelihood of low -term movement.

Bitcoin (BTC) has fallen below the 95,000 USD 95,000 level, which indicates a profit reservation at higher levels. Bulls tried to repel the price above USD 95,000 on May 5, but they are dealing with bears.

The senior researcher Glassnode Cryptovizart said in a post on X that Bitcoin, who maintained over USD 93,000, was very surprising and also risky, because the rally to the range from 93,000 to 96,000 USD “increased the volume of profits above statistical levels.” Cryptovizart added that the registered profits for each dollar would be realized over USD 9.

However, a positive sign in favor of Bulls is that funds based in the American Bitcoin Exchange witnessed a influx of $ 1.8 billion last week, for the data of investors to distant. ETF and institutions acquired 18 644 Bitcoins last week compared to 3150 bitcoins mining during this period, Reported Hodl15Capital asset allocator on May 4.

What are the key levels of support and resistance to be careful in Bitcoin and Altcoins? Let’s analyze the charts of the 10 best cryptocurrencies to find out.

S&P 500 index prices forecasting

The S&P 500 (SPX) index expanded the recovery last week and increased above the 50-day straight movable average (5575).

The 20-day interpretation average (5 501) began to appear, and the relative force indicator (RSI) is in a positive territory, which indicates the advantage of the buyer. Movement up can reach 5800, which is to attract robust sales through bears. If the price drops from 5800, it will probably find support in a 20-day EMA.

Sellers will have to jerk a price below 20-day EMA to suggest that the stubborn rush weakens. The indicator can drop to 5400 and then to 5300.

Forecasting the price of an American dollar indicator

The American dollar index (DXY) reflected 99 support on April 29 and reached the 20-day EMA (100.38) on May 1.

The buyers are facing inflexible resistance in a 20-day EMA, but a compact positive thing is that they did not take a lot of land for bears. This improves the perspectives of the break above the 20-day EMA. If this happens, the indicator may augment to the level of recovery of 61.8% Fibonacci of 101.39, and then to the 50-day SMA (102.72).

This positive view will be annulled if the price is lower and breaks below level 99. It can sink an index to critical support to 97.92.

Forecasting bitcoin prices

Bitcoin closed below $ 95,000 on May 4, and the bears are trying to expand with retreat to 20-day EMA (USD 92 204).

Buyers will have to fiercely defend the 20-day EMA to keep the stubborn rush. If the price reflects from the 20-day EMA with strength, Bulls will again try to drive a pair of BTC/USDT to the psychological level of $ 100,000.

In contrast to this assumption, a break and closing below 20-day EMA signals, bulls rush to the exit. This can sink a pair to the 50-day SMA (USD 86,890). Deeper withdrawal suggests the formation of coverage in the near future.

Forecasting the price of ether

The buyer managed to maintain the ether (ETH) above the average movable, signaling force.

20-day EMA (USD 1,771) gradually dropped, and RSI is on a positive territory, which indicates that the path of the lowest resistance is dependent. There is a slight resistance at USD 1,957, but it will probably be exceeded. The ETH/USDT pair may augment to the level of division of USD 2111, where the bears are expected to sell aggressively.

The break and closing below the average movable opens opens the gate to a decrease to 1,537 USD, and later for critical support at 1,368 USD.

XRP price forecast

XRP (XRP) remains stuck between the resistance line and 2 USD support, indicating the purchase of dips and sales at rallies.

Both average movable ones have been widely heard, and the RSI is just below the middle point, which indicates a balance between pad and demand. This balance will tilt in favor of bulls if they drive the price above the resistance line. The XRP/USDT pair may augment to 3 USD, which suggests a low -term change of trend.

On the contrary, a break and closing below USD 2 will cause sellers’ responsibility. The couple can then evaluate the necessary support for $ 1.61, where the buyers are expected to enter.

Bnb price forecasting

BNB (BNB) slipped below the average movement of May 4, but the bears are fighting to maintain lower levels.

If the buyers exceed the price above the following average, he suggests buying at lower levels. Bulls will try to overcome the 620 USD barrier. If they succeed, the BNB/USDT pair can shoot up to $ 644.

Alternatively, if the price deviates from the average movable, suggests that bears are trying to take control. There is support in the zone from 576 to 566 USD, but if it breaks down, the couple can dive up to 520 USD.

Solana’s price forecasting

Solana (SOL) finds support on a 20-day EMA (USD 143), which indicates that bulls remain on the dips.

Bulls will again try to lower the price above the resistance of USD 153. If they manage to do this, the Sol/USDT pair can rise to USD 180. This movement introduces a gigantic range from 110 to 260 USD.

If the bears want to prevent growth, they will have to quickly pull the price below 20-day EMA. If they do this, the couple can go down to the 50-day SMA (USD 133). This suggests that the couple can consolidate from $ 110 to 153 for some time.

Related: Risk of price XRP 45% fall to USD 1.20 – here is why

Forecasting Dogecoin prices

The buyer managed to maintain Dogecoin (Doge) over medium traffic, but it was not possible to start a robust reflection.

Flat movable and RSI flattering near the middle point suggest that the Doge/USDT pair can, above all, extend their stay in the range from 0.21 to 0.14 USD.

If the price appears as a result of average traffic, the bulls will try to push the steam to 0.21 USD. Sellers are expected to defend the level aggressively, but if the bulls win, the couple may augment rapidly to 0.28 USD. On the contrary, the break below the average moving can sink a pair to a solid support of USD 0.14.

Cardano price forecasting

Cardano (ADA) is a witness to a weighty battle between bulls and bears near medium traffic.

The flattened average movable and RSI just under the middle point do not give a clear advantage either bulls or a bear. The first sign of strength will be a break and similar above 0.75 USD. This opens the door to the rally up to USD 0.83.

On the other hand, closing below the average movement tilts the advantage in favor of the bear. There is a solid support of USD 0.58, but if the level disappears, the Ada/USDT pair may drop to 0.50 USD.

SUI price forecast

Sui (SUI) is trying to bounce from 20-day EMA (USD 3.09), indicating the demand at lower levels.

Bulls will try to exceed the price to USD 3.90, which is to act as a stiff resistance. However, 20-day EMA and RSI in a positive territory suggest that the buyers have an advantage. A break and closing above USD 3.90 can catapult SUI/USDT steam to USD 4.25, and later to $ 5.

Instead, if the price drops from the current level or general resistance and breaks below 20-day EMA, it signals that the bulls have surrendered. This can attract a price to USD 2.86, and then to 50-day SMA (USD 2.57).

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.