Key points:

• Bitcoin is in the face of sales of nearly USD 109,000, but the shallow withdrawal suggests that the return can rise.

• BNB and Hype show strength, breaking above their immediate resistance.

Bitcoin (BTC) started a week with a supple note, and bears are trying to lower the price below USD 107,000. Bitcoin remains on the right track to a positive monthly closure in June, if it remains above USD 104,600. If this happens, this will be only the second opportunity from 2020 that Bitcoin closed June in Zielona, ​​for data Coings.

Lack of Bitcoin outbreak from the highest all time at USD 111,980 has not stopped investors from buying more. Coinshares data show $ 2.2 billion to Bitcoin Exchange commercial products last week.

In addition to the constant influx of ETF, Bitcoin tax companies continued shopping. Michael Saylor’s strategy revealed the takeover of 4,980 Bitcoins at an average price of USD 106,801, which is 11 consecutive weeks of Bitcoins shopping. Similarly, the general director of Metaplanet, Simon Gerovich, said in the post on X that the company bought 1 005 Bitcoins at an average price of USD 107,601.

Can Bitcoin remain above USD 106,000 or be the bears pull the price below the level? How will altcoins probably behave? Let’s analyze the charts of the 10 best cryptocurrencies to find out.

S&P 500 index prices forecasting

The S&P 500 indicator reflected from the 20-day interpretation of the movable average (6 029) June 23, which indicates a positive sentiment.

Bulls continued to buy at higher levels, exceeding the price above the highest level of level 6147 on Friday. If the price maintains above 6,147, the index can collect in the direction of 6500.

Sellers will probably have other plans. They will try to undo the price below 6147, stopping aggressive bulls. The index can then slide into a 20-day EMA. A powerful reflection from an EMA 20-day increases the perspective of continuing to boost.

And vice versa, a break and closing below 20-day EMA suggests profits through Bulls. This can reduce the price to a 50-day straight movable average (5827).

Forecasting the price of an American dollar indicator

The American dollar index (DXY) broke and closed below 97.92 support on Wednesday, which indicates that bears were overpowered by bulls.

Both average movable ones fall, and the RSI is located near the projection territory, which indicates that bears are controlled. Bulls are unlikely to give up easily and try to repel the price above the division level 97.92. If they manage to do this, the index can collect up to the 50-day SMA (99.28).

Alternatively, if the price drops from 97.92, it suggests that the bears have transformed the level into resistance. This can resume the downward trend, attracting the price towards level 95.

Forecasting bitcoin prices

Bitcoin is in the face of sales on the downtrend line, but the positive sign is that Bulls did not allow the price to slip below the average traffic.

This suggests that the bulls are in a hurry to book profits when they predict another leg. Medium movable and RSI in positive territory indicate that the path of the lowest resistance is additional.

If the price breaks above the bottom line, the BTC/USDT pair may boost to the neckline of the inverted head and shoulder pattern. This is an essential level for bears that can defend, because the break over it signals the resumption of growth.

The first sign of weakening will be a break below the average movable. If this happens, the couple risk a decrease to 104,500 USD, and then to support $ 100,000.

Forecasting the price of ether

Recovery of etera (ETH) is in the face of sales near the 50-day SMA (USD 2534), which indicates that bears are dynamic at higher levels.

Both average movable ones have won, and RSI is near the middle point, signaling the possible action related to the range in the near future. If prices slip below USD 2,376, the ETH/USDT pair may drop to USD 2323. The buyers are expected to vigorously defend USD 2323, because the break below may sink a pair to USD 2111.

On the other hand, a break above 50-day SMA opens the door to the rally to 2,738 USD, and then to USD 2,879. Another popular traffic may start with a break above 2879 USD or below USD 2111.

XRP price forecast

XRP (XRP) is stuck in the range from 2 to 2.65 USD in the last few days, which indicates a purchase near support and sales near resistance.

Bulls try to exceed the price above 50-day SMA (USD 2.25). If they do this, the XRP/USDT pair can try to wash at the top of the range for $ 2.65. Sellers will try to keep the price in terms of the level of USD 2.65.

If the price drops from the current level, it suggests that bears sell on every compact rally. Sellers will try to strengthen their position, pulling the price below USD 2 support. If they can do this, the couple may drop to USD 1.61.

Bnb price forecasting

BNB (BNB) burst over the resistance line of the pattern of the tagging channel on Sunday, suggesting that the correction could end.

In the 50-day SMA there is a slight resistance (USD 654), but if the buyers do not allow the price to drop back to the channel, the BNB/USDT pair may boost to 675 USD, and then to USD 698.

This positive view will be annulled in the near future if the price drops rapidly and breaks below USD 636. This suggests that the markets have rejected the break over the channel. The couple may then drop to USD 625.

Solana’s price forecasting

Solana (SOL) appeared from the support of 140 USD on Friday and increased on Saturday above 20-day EMA (USD 148).

Buyers are trying to extend the Assist Rally above the 50-day SMA (USD 158). If they manage to do this, the Sol/USDT pair may try to live on resistance to the overall USD 185. Sellers are expected to aggressively defend USD 185, because the break above it removes the rally path to 220 USD.

The advantage will tilt in favor of bear if they sink the price below support! 40 USD. The couple can then go down to USD 126, and then to $ 110.

Related: Ethereum risks a 25% price drop, because the “massive whale” transfers USD 237 million in ETH to replacement

Forecasting Dogecoin prices

Dogecoin (dog) recovered to an EMA (0.17 USD), which is the first obstacle to be careful.

If the price drops rapidly from the 20-day EMA, the Doge/USDT pair risk a break below 0.14 USD support. If this happens, sales can speed up and the couple may fall to 0.10 USD.

On the contrary, the break and closing above the 20-day EMA suggests that the couple can move between 0.14 to 0.21 USD. Buyers will gain strength after they support the pair above resistance to a total level of USD 0.21.

Cardano price forecasting

Cardano (ADA) increased near the 20-day EMA (0.59 USD), which can act as a stiff resistance.

If the price drops and breaks below 0.54 USD, the Ada/USDT pair may plunge into the key support of 0.50 USD. The buyers are expected to defend the level of 0.50 USD with all their strength, because the break below will end the falling triangle pattern. This can start down to $ 0.40.

On the other hand, if the buyers exceed the price above 20-day EMA, the steam can reach the 50-day SMA (0.67 USD). Changing the trends will be signaled after the buyers drive the pair over the relegation line.

Anticipating the price of hyperlic

Hyperliquid (Hype) crashed above the resistance of $ 39.12 on Sunday, which indicates that the bulls returned to the game.

A pair of noise/USDT may boost to 42.50 USD, and then to 45.80 USD. The seller is expected to defeat $ 45.80 rapidly, but if the bulls win, the couple may boost rapidly to the $ 50 psychological level.

The first support in the minus is 20-day EMA (USD 37.55), followed by 50-day SMA (USD 34.76). Sellers will have to draw a price below 50-day SMA to weaken the bulls. The couple can then drop to 30.69 USD.

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.