Key points:
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Bitcoin ETP still observes solid shopping, signaling that Bulls expect that height will continue.
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Several main Altcoins witnessed withdrawal, but lower levels still attract buyers.
Bitcoin (BTC) tries to maintain above USD 109,588, which indicates the purchase on each diminutive decline. Bitcoin has increased for seven subsequent weeks, and if buyers can extend the series to eight weeks, it removes the path for further add -ons. The cryptographic analyst and Trader Carpe Noctom said in the post on X that Bitcoin saw only three cases of eight consecutive weekly positive closures, and each time Bitcoin was higher in the next period 6 and 12 months.
Institutional investors sense a long -term opportunity, and therefore still pumped money to Bitcoin Exchange commercial products (ETP). Coinshares informed on May 26 that Bitcoin NCPs witnessed $ 2.9 billion in revenues last week, which is a quarter of the total influx for 2024.
Although most analysts remain stubborn in the long term, some warn of a possible tiny -term withdrawal in Bitcoin. Crazzyblockk, a collaborator of Cryptoquant, wrote in the Quicktake blog that the data show the buyer’s exhaustion and growing variability, which can start a tiny -term correction compared to USD 105,000.
Can buyers catapult Bitcoins to novel all time, attracting altcoins higher? 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 rejected from 5968 and achieved a 20-day interpretation average movable (5 759).
If the price reflects from the 20-day EMA, the indicator may gradually rise towards resistance to a total level of 6000. It is expected that the sellers are a mighty challenge in the zone from 6000 to 6147.
The short-term advantage will be favored by bears during the break and closes below 20-day EMA. The index may then drop violently to the 50-day straight movable average (5584), which will probably attract buyers.
Forecasting the price of an American dollar indicator
Bulls tried to cross the American dollar index above 20-day EMA (100.15) on May 22, but the bears remained.
Sellers try to strengthen their position by pulling the price below 99 support. If they manage to do this, the index can continue to move to solid support to 97.92. The buyers are expected to defend the level of 97.92 with all their power, because the break below may sink the index to 95.67.
Buyers will have to run and maintain a price above 50-day SMA (101.26) to indicate that the correction phase may end.
Forecasting bitcoin prices
Bitcoin Bulls are trying to push and maintain a price above USD 109,588, which indicates that every minor drop is bought.
Medium movable and RSI near the territory of buying signals that the path of the lowest resistance is growth. If the buyers push the price above USD 111,980, the BTC/USDT pair may escalate rapidly to USD 130,000.
20-day EMA (USD 104,886) is significant support to be careful in the minus. A break and closing below the 20-day EMA may be tempted by short-term buyers for profit booking. This can sink a pair with a psychologically key level of $ 100,000, where the buyers are expected to have a mighty defense.
Forecasting the price of ether
Ether (ETH) appeared from 20-day EMA (USD 2425) on May 25, which indicates solid demand at lower levels.
Bulls will again try to escalate the price above 2738 USD again. If they succeed, the ETH/USDT pair may escalate to USD 3000. Bears will try to stop the 2850 USD traffic, but the bulls will probably win.
If the price drops from the current level or general resistance and breaks below the 20-day EMA, it suggests that the bulls lose their grip. The pair may fall to USD 2323, and then to USD 2111.
XRP price forecast
XRP (XRP) oscillates from 2.65 to $ 2, a signaling balance between buyers and sellers.
The flat-like EMA (USD 2.34) and RSI near the middle point do not give a clear advantage of either bulls or a bear. If the price appears and breaks above USD 2.48, the bulls will have another trip to USD 2.65. If you spotless the obstacle, the XRP/USDT pair may escalate to 3 USD.
On the other hand, the break and closing below 50-day SMA can sink a pair to solid support for $ 2. The buyer is expected to vigorously defend the USD 2, because the break below may sink a pair to USD 1.61.
Bnb price forecasting
BNB (BNB) began to approach the resistance of USD 693 after support in 20-day EMA (USD 652).
20-day EMA and RSI upsoping on a positive territory indicate the advantage of buyers. If bulls dig a price above USD 693, the BNB/USDT pair can accumulate to the general cost zone from 732 to 761 USD.
On the contrary, if the price drops and breaks below 20-day EMA, it suggests that bears are trying to take control. The couple could break down to 633 USD, and then to 50-day SMA (USD 617).
Solana’s price forecasting
Solana (SOL) supported at 20-day EMA (USD 169) on May 25, which indicates that the sentiment remains positive and traders buy on minor declines.
Bulls will again try to exceed the price above the general resistance of USD 188. If they manage to do this, the SOL/USDT pair can escalate to USD 210 and ultimately to USD 220.
Sellers will have to draw a price below 20-day EMA to prevent a plus. The couple can then immerse themselves in a 50-day SMA (USD 151), which will probably act as solid support. The reflection of the 50-day SMA can signal several days of range related to range from 153 to 188 USD.
Related: Solana following Bitcoin? Network activity, chart pattern point for the SOL 300 USD price
Forecasting Dogecoin prices
Dogecoin (dog) trads from 0.26 to 0.21 USD, signaling buying near support and sells near resistance.
The price has affected the 20-day EMA, opening the gates to the general resistance of USD 0.26. Buyers will have to break the level of USD 0.26 to start the next stage of growth to USD 0.30, and then to 0.35 USD.
Alternatively, a break and closing below 0.21 USD support suggests that bears have returned to the game. The Doge/USDT pair can then live in a vast extent from 0.26 to 0.14 USD for some time.
Cardano price forecasting
Buyers try to keep Cardano (ADA) over the neckline of the opposite head and shoulder pattern, but it was not possible to start a mighty reflection.
20-day EMA (0.75 USD) is flattened, and RSI is near the middle point, which indicates the balance between supply and demand. Buyers will have to drive a price above 0.86 USD to transfer the advantage in their favor. If they manage to do this, the Ada/USDT pair can collect up to $ 1.01.
In contrast to this assumption, if the price drops and breaks below the neckline, it suggests that the bulls have surrendered. The couple can then fall to support worth 0.60 USD, which will probably attract buyers.
Anticipating the price of hyperlic
Hyperliquid (Hype) has been in a mighty level of growth over the past few days. The buyers found their supremacy, exceeding the price above the resistance 35.73 USD on May 25.
Bulls will try to keep the rush and exceed the price to $ 42.25, where the bears are expected to enter. If the buyers do not give up many land from USD 42.25, the strenn may extend to 50 USD.
Immediate support on the water is 35.73 USD. If the steam/USDT pair revives USD 35.73, increases the likelihood of a rally above USD 42.25. Sellers will gain an advantage during a break below USD 32.
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.