Key points:
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Bitcoin’s chance to achieve modern ups increases when bulls show a clear intention to defend the level of USD 109,000.
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ETH and Hype lead the Altcoin load.
Bitcoin (BTC) lasts near the level of $ 110,000, just before the highest highest level of $ 111,980 in history. This suggests that the bulls stick to their positions when they predict another leg higher. Party Sentiment received an escalate in post about the truth by US President Donald Trump, who said that the United States and China reached a trade agreement until the final approval by the relevant heads of states.
Scientists BitWise André Dragosch and Ayush Tripathi said in a recent report that Bitcoin can reach an estimated “fair value” in the amount of USD 230,000 by the end of the year. Analysts say that Bitcoin will benefit from “both fiscal instability and improvement of market moods.”
However, not everyone believes that Bitcoin will run in the near future. Santiment analyst Brian Quinlivan told CointeLgraph that Bitcoin would not see a stubborn rapid growth above the highest level, because social media are full of such expectations, and the markets generally move the opposite to retail expectations.
Can Bitcoin Bulls escalate the price above USD 111,980, attracting altcoins above? Let’s analyze the charts of the 10 best cryptocurrencies to find out.
Forecasting bitcoin prices
Bitcoin increased rapidly above USD 109,588 resistance on Monday, but bulls are fighting to maintain higher levels.
Shallow withdrawal increases the likelihood of a break above resistance worth USD 111,980. If this happens, the BTC/USDT pair will complement the stubborn pattern inverted to the head and shoulder, which has the goal of 146 892 USD.
Alternatively, if the price drops below USD 108,000, the couple risk a decrease to a 20-day interpretation average movable (USD 106,133). This is a necessary level for Bulls for defense, because the break below may sink a pair to the 50-day straight movable average (USD 102,709), and then for psychological support in the amount of $ 100,000.
Forecasting the price of ether
Ether (ETH) broke and closed above 2,738 USD resistance on June 10, which indicates that the bulls are trying to take control.
20-day EMA (USD 2,584) began to appear, and RSI is located near the buy-in zone, signaling that the buyers have an advantage. Bears are unlikely to give up easily and try to withdraw a price below 2,238 USD. If they manage to do this, the ETH/USDT pair may fall to the 20-day EMA (USD 2584).
If the price reflects from a 20-day EMA with strength, the couple may escalate rapidly to USD $ 3153. It is a resistance of USD 3000, but this can be exceeded. This positive view will be negated in a brief period if the price drops and breaks below 20-day EMA. This suggests that a breakthrough above 2738 USD could have been a bull’s trap.
XRP price forecast
XRP (XRP) closed on Monday above average traffic, but bulls try to maintain higher levels.
Flat movable and RSI, just above the central point, suggest that the XRP/USDT pair may remain associated with a range of 2 to 2.65 USD in a few days. If the price closes below the average movable, the couple may slip to $ 2. On the other hand, a break above USD 2.36 removes the rally path to $ 2.65.
A break and closing above USD 2.65 signals the beginning of a modern movement in the direction of 3 USD. On the other hand, a break below USD 2 opens gates for a decrease to $ 1.61.
Bnb price forecasting
BNB (BNB) increased on Monday above 20-day EMA (USD 659), and Bulls are trying to exceed the price of USD 693.
Flat-day 20-day EMA and RSI just above the middle point signal the range related to the range in the near future. The BNB/USDT pair may get stuck in the range from 634 to 693 USD for some time.
The break and closure above the resistance 693 USD suggests that the bulls have been overwhelmed by bears. The couple could collect up to 732 USD, and then to 761 USD. The trend will favor bears at a break below USD 634.
Solana’s price forecasting
Solana (SOL) crashed above the average traffic on Monday, suggesting the creation of a range from 140 to 185 USD.
Flat-day-old EMA (USD 160) and RSI just above the middle point give a slight advantage of bulls. The Sol/USDT pair can reach USD 185, where the bears are expected to sell aggressively. If the price drops rapidly from USD 185, the couple can expand the range of range for several days.
Another popular traffic may start with a break above USD 185 or below USD 140. If the USD 185 is scaled, the steam can collect up to USD 210, and then to USD 220.
Forecasting Dogecoin prices
Dogecoin (Doge) has been consolidating from 0.14 to 0.26 USD for several days, which indicates a purchase near support and sales near resistance.
A 20-day EMA (USD 0.19) and RSI near the middle point do not give a clear advantage of either bulls or a bear. If the price lasts above the moving average, the Doge/USDT pair can collect $ 0.26. On the other hand, the piercing reversal of the average traffic can reduce the steam to 0.16 USD.
Buyers will have to support the price above 0.26 USD resistance to start a modern movement in the direction of 0.38 USD.
Cardano price forecasting
Cardano (ADA) increased on Monday above 20-day EMA (0.70 USD), and Bulls are trying to strengthen their position, exceeding the price above 50-day SMA (0.72 USD). If they manage to do this, the next stop may be a relegation line.
Bears are unlikely to easily give up and are expected to mount a robust defense on the bottom line. If the price drops rapidly from the Down Trend line, the Ada/USDT couple can find support on an EMA 20-day. If this happens, the possibility of a break above the relegation increases. The couple can then collect $ 1.03.
Instead, if the price drops from the current level or relegation line and breaks below 20-day EMA, suggests that bears are energetic at higher levels. This can keep the steam in the support of 0.60 USD and the relegation line for several days.
Related: Solo price up to $ 300 next? Solana ETF approval chances of 91%
Anticipating the price of hyperlic
Hyperliquid (Hype) burst and closed on Monday above the symmetrical triangle pattern, indicating the resumption of the upward trend.
Bulls exceeded the price above the stiff general resistance of USD 42.25, removing the rally path to the target of the $ 46.50 pattern, and then to $ 50.
After each pull, the bulls should vigorously defend the zone from 42.25 to 40 USD. If the price reflects from the support zone, it suggests that every minor drop is bought. This indicates that the upward trend remains intact. The first sign of weakness will be nearly below USD 40, which can attract a pair of noise/USDT to an EMA 20-day (35.21 USD).
SUI price forecast
Sui (Sui) pierced on Monday 20-day EMA (USD 3.40), and Bulls try to exceed the price above 50-day SMA (USD 3.55) June 11.
If they succeed, the Sui/USDT pair can collect up to USD 3.75, and then up to USD 4.25. The seller is expected to rapidly defends the level of USD 4.25. If the price drops rapidly from USD 4.25, the couple can be a gigantic range, and for some time waving from $ 2.86 to USD 4.25.
The next popular movement can start with a break above USD 4.25 or below USD 2.86. Until then, the price will probably be random and unstable.
Chain price forecasting
Link (link) increased above the resistance line of the descending channel pattern and medium traffic on Tuesday, signaling that the bears are losing the handle.
If the price lasts above the breakthrough level, the link/USDT pair may arouse a rush and accumulate up to USD 18. Sellers will try to defend USD 18, but if the bulls win, the couple may escalate to USD 20.
This positive view will be annulled if the price turns and breaks below $ 13.20 support. Such a movement suggests that the markets have rejected the breakthrough. The couple can then break down to $ 10.
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.