Key points:

• Bitcoin faced a significant resistance of USD 117,500, which indicates that bears are not effortless to give up.

• Several main Altcoins tried to interrupt their resistance levels, but the bears maintained their land, signaling sales at rallies.

Bitcoin (BTC) still encounters significant resistance near $ 117,500, but the positive sign is that the bulls maintained pressure. This suggests that the buyers are in a hurry to leave because they anticipate the transition to the highest level of USD 124,474.

BTC researcher Axel Adler Jr. He said in the post on X that “the market is neither overheated nor overtened” at the current level. This can cause one to two weeks of consolidation before BTC increases to a recent level of all time.

Several analysts expect BTC to reach a recent level of all time. To the founder of Crypttooverse, Benjamin Cowen, said in an interview that the rally can quickly reach the peak after reaching a recent high. After entering, Top Cowen does not exclude a decrease in 70% on the next bear market.

Can BTC get out of the resistance over the head, pulling higher? Let’s analyze the charts of the 10 best cryptocurrencies to find out.

Forecasting bitcoin prices

BTC pierced the resistance worth USD 117,500 on Thursday, but the bulls could not maintain higher levels.

20-day interpretation average mobility (EMA) (114 457 USD) and a relative force indicator (RSI) in a positive territory suggest that the path of the lowest resistance is additional. Closing above 117,500 USD opens gates to the rally to USD 124,474.

In contrast to this assumption, a break below 20-day EMA signals that bulls close their positions in a hurry. The BTC/USDT pair can then drop to USD 110,000, remaining in the range from 107,000 to 117,500 USD for some time.

Forecasting the price of ether

Ether (ETH) has created a symmetrical triangle pattern, which indicates indecision between buyers and sellers.

If the price drops and breaks below the support line, it signals that uncertainty has been resolved in favor of bear. The ETH/USDT pair may collapse to USD 4060, and then to the target of $ 3,426.

The buyers will return to the driver’s seat if they copy the price above the retaining line. This improves the perspective of the resumption of the upward trend. The ether price can then be accumulated to the target of a standard in the amount of USD 5586.

XRP price forecast

XRP (XRP) appeared on Tuesday from 20-day EMA (USD 2.99), but Bulls could not spotless a barrier of 3.20 USD.

Bears try to pull the price below the following average to take control. If they succeed, the XRP/USDT pair may go down towards forceful support in the amount of USD 2.73. Such a movement suggests that the breakthrough over the relegation line was the trap of the bull. Closing below USD 2.69 will complete a bear triangle pattern, cleansing the path for a decrease to $ 2.20.

Bulls will have to push and maintain a price above USD 3.20 to signal a tiny -term change of trend. The price of XRP can then rise to USD 3.40 and ultimately to USD 3.66.

Bnb price forecasting

BNB (BNB) jumped on Thursday at 1000 USD psychological level, which indicates indefinite demand from the bulls.

Bears will try to defend the level of 1000 USD, but if the buyer wins, the BNB/USDT pair may extend to 1090 USD.

20-day EMA (USD 915) is a critical support that should be considered in the minus. If the price reflects from the 20-day EMA, Bulls will try to resume movement again.

Sellers will have to pull and maintain a price below 20-day EMA to signal strength. The BNB price can then fall to the 50-day straight movable average (SMA) (USD 855).

Solana’s price forecasting

Solana (SOL) rejected on Thursday from USD 253, which indicates that the bears aggressively defends the level of $ 260.

Withdrawal will probably find support on an EMA 20-day (USD 225). If the price reflects from a 20-day EMA with strength, Bulls will again try to spotless an obstacle of 260 USD. If they manage to do this, the Sol/USDT pair may boost rapidly towards USD 295.

On the contrary, the break and closing below the 20-day EMA suggests that bulls reserve profits. This can attract the salted price to the Uptrend line, which will probably attract buyers.

Forecasting Dogecoin prices

Dogecoin (Doge) appeared on Tuesday from USD 0.26, but the bulls are in the face of the forceful resistance of the Bear at USD 0.29.

If the price again revives the level of USD 0.26, it shows that the bulls buy on each minor decline. This increases the probability of a break above 0.31 USD. If this happens, the Doge/USDT pair can start a recent traffic up to USD 0.35, and then to USD 0.44.

Alternatively, a break below 20-day EMA (0.25 USD) suggests that the bulls have surrendered. The price of Dogecoin can then come to terms with 50-day SMA (0.23 USD). This can maintain a range of pairs from 0.21 to 0.29 USD for some time.

Cardano price forecasting

Cardano (ADA) rejected the symmetrical triangle pattern from the resistance line, signaling that bears are rapidly defending the level.

If the price reflects from the 20-day EMA (0.87 USD), it shows the purchase on DIPs. This increases the perspectives of the break above the retaining line. If this happens, the Ada/USDT pair may boost to USD 1.02, and later to USD 1.17.

This positive view will be annulled in the near future if the Cardano price drops rapidly and drops below the support line. This indicates that the bears were overpowered by bulls. The couple can then fall in the direction of USD 0.68.

Related: Why the price of Ether can boost by 75% compared to bitcoins to the recent year

Anticipating the price of hyperlic

Hyperliquid (Hype) increased on Thursday to the recent highest level of all time in the amount of USD 59.41, but bulls are fighting to maintain higher levels.

RSI shows early signs of the creation of bear discrepancies, signaling that the stubborn shoot can weaken. Sellers will gain an advantage if they draw a hyperlic price below 20-day EMA (USD 52.30). This opens the door for a fall to $ 49.88, and then to 50-day SMA (USD 46.41).

Buyers will probably have other plans. On the way down they will try to defend 20-day EMA. If the steam/USDT pair appears rapidly from the 20-day EMA, the bulls will try to start the next stage of growth towards the purpose of the standard 64.25 USD.

Chain price forecasting

Łączklink (link) appeared on Wednesday from 50-day SMA (USD 22.69), but the bulls are in the face of forceful resistance on the downtrend line.

20-day EMA (USD 23.71) is flattened, and RSI is near the middle point, which indicates the balance between supply and demand. Buyers will have to push and maintain the price of the chain link above the relegation line to spotless the rally path towards the level of 27 USD.

On the other hand, a break and closes below 50-day SMA signals that the bears have returned to the game. A pair of link/USDT may then fall violently to the Uptrend line, where the buyers are expected to enter.

Forecasting avalanche prices

Avalanche (Avax) exploded from a huge range of USD 15.27 to 27.38 USD 10 September, which indicates the beginning of the recent upward trend.

The rally pushed RSI into the purchased zone, signaling possible consolidation or correction in the near future. Sellers are trying to stop traffic up to the general resistance of USD 36.17.

Shallow withdrawal will suggest that the bulls stick to their positions when they predict that the upward movement will continue. If the buyers pierce USD 36.17, the Avax/USDT pair may collect $ 39.49, and then to 45 USD. This positive view will be negated in the near future if the avalanche price drops and breaks below 20-day EMA (USD 28.78).

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.