Key points:

• Bitcoin with USD 100,000 as a support level would confirm the current change of trends.

• The ether leads among altcoins, and DEFI tokens could occur.

Bitcoin (BTC) crashed above the 100,000 USD psychological level on May 8, and Bulls are trying to maintain the level of May 9.

The Bitcoin rally also raised several main altcoins, which increased above their appropriate levels of immunity. The Altcoin rally was run by Ether (ETH), which increased by about 22% on May 8, causing the liquidation of tiny ether positions worth $ 328 million.

Although the tiny -term image has become positive, Bitcoin Bulls is expected to face significant resistance near the highest highest level of USD 109,588. During withdrawal, traders will have to keep a price above 100,000 USD to keep a stubborn shoot.

Can Bitcoin continue to move up and pierce the highest level? Are Altcoins preparing for a tiny -term rally? Let’s analyze the charts of the 10 best cryptocurrencies to find out.

Forecasting bitcoin prices

Bitcoin collected over 6% and closed above the 100,000 USD barriers on May 8, which indicates that the buyers found their supremacy.

The BTC/USDT pair can reach a zone from 107,000 to 109,588 USD, in which bears are expected to post sturdy defense. The purchased level of a relative force indicator (RSI) suggests that a tiny -term withdrawal is possible.

If the price drops from general resistance, but it will find support at a 20-day interpretation average (USD 94,879), signals a positive sentiment. Bulls will make one more attempt to exceed the price above the highest level.

The first sign of weakness will be close to the 20-day EMA. This suggests booking profits at higher levels. The steam may then fall to the 50-day straight movable average (USD 88,139).

Forecasting the price of ether

Ether (ETH) increased rapidly above the resistance of USD 2111 on May 8 and expanded its movement to almost USD 2550 on May 9.

A long wick on the candlestick has a solid sale of nearly USD 2550. If the price drops from USD 2550, but is supported by USD 2111, it means that bulls are trying to transfer the level to support. Bulls will make one more attempt to run the ETH/USDT pair above USD 2550. If they succeed, the couple may enhance to USD 2850.

Sellers will have to pull the price below USD 2111 to weaken the stubborn rush. The couple can then move to an EMA 20-day (USD 1,867).

XRP price forecast

The buyers pushed XRP (XRP) to the resistance line, which is a key tiny -term level to which you should be careful.

Sellers are expected to aggressively defend the resistance line, because the break and closing above it signals a potential change of trend. The XRP/USDT pair may enhance to USD 2.60, and then to $ 3.

If the price drops from the retaining line, but finds support with moving average, it suggests that bulls buy declines. Bulls will again try to support the price above the resistance line. Sellers will have to tug the price below USD 2 support to take control.

Bnb price forecasting

BNB (BNB) made a decisive movement above on May 8 and increased above direct resistance to a total level of USD 620.

The BNB/USDT pair reached USD 644 on May 9, which is to behave as a sturdy barrier. However, if buyers maintain pressure and pierce USD 644, the couple may enhance to 680 USD.

Bears lack time. If they want to stop the growth limit, they will have to fiercely defend the level of USD 644 and pull the price below the following average. The couple could then go down to $ 580.

Solana’s price forecasting

Solana (SOL) broke and closed above the resistance of USD 153 on May 8, which indicates that the bulls are responsible.

The Sol/USDT pair can reach USD 180, which is to behave as a powerful obstacle. If the price drops from USD 180, but it compact in the amount of USD 153, suggests that buyers are trying to create a higher level. This increases the rally perspectives to USD 200.

This positive view will be annulled in the near future if the price drops rapidly and drops below $ 140 support. This suggests that traders book profits at higher levels.

Forecasting Dogecoin prices

The buyers successfully defended medium traffic and pushed Dogecoin (Doge) to the head of 0.21 USD.

Sellers will try to stop the 0.21 USD traffic, but if the Bulls pierce the resistance, the Doge/USDT pair can collect 0.25 USD. If the price drops from USD 0.25, but finds support at 0.21 USD, it signals that the Bulls has transformed the level. This suggests that disappearance may end.

On the contrary, if the price drops rapidly from USD 0.21 and breaks below the average traffic, it indicates that the couple may oscillate for a long time.

Cardano price forecasting

Cardano (ADA) bounced off the 50-day SMA (0.67 USD) and graduated from the opposite model of the head and Rajz on May 8.

20-day EMA (0.69 USD) began to appear, and RSI is in a positive territory, which signals the advantage of the buyer. If the price stays above the neckline, the Ada/USDT pair may enhance the pattern’s goal of $ 1.01. There is a resistance of USD 0.83, but it will probably be exceeded.

If bears want to prevent advantages, they will have to tug the price below 50-day SMA. This can sink a pair to 0.60 USD and ultimately to 0.50 USD.

Related: A chance for a maximum price of bitcoins above USD 110,000 in May is growing – here is why

SUI price forecast

Sui (SUI) rapidly accumulated from 20-day EMA (USD 3.29) and rose above the resistance at USD 3.90 on May 8.

20-day EMA and RSI upsoping near the excessive zone signals that bulls are commanded. If the price maintains above USD 3.90, the Sui/USDT pair can collect up to USD 4.25 and ultimately up to $ 5.

Alternatively, if the price drops and closes below USD 3.90, suggests that bears are trying to return. The couple could then collapse into an EMA 20-day, which will probably act as solid support.

Chain price forecasting

Link (link) appeared violently from the 50-day SMA (USD 13.72) on May 8 and graduated from the opposite head and arms.

Sellers try to withdraw the price below the neckline, but if the bulls successfully maintain the level, the link/USDT pair can break above the resistance line and collect $ 21.30 to the target.

This positive view will be negated if the price drops rapidly and breaks below the average traffic. This opens the door for a fall to $ 12, which indicates that the couple can stay in the channel longer.

Forecasting avalanche prices

Avalanche (Avax) bounced off the average moving on May 8 and reached the head of $ 23.50 on May 9.

Sellers are expected to defend the level of USD 23.50 with all their power, because the break and closure above resistance may spotless the path of potential growth to USD 28.78, and then to $ 31.73.

On the contrary, if the price drops rapidly from USD 23.50 and breaks below medium traffic, suggests that the Avax/USDT pair can extend their stay in the range for several days.

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.