Key points:

• The price of bitcoins hangs nearly USD 97,000 when traders are waiting for today’s FOMC minutes.

• Bitcoin with USD 95,000 as support is the key to stubborn price expansion in a brief period.

• Choose altcoins have appropriate support levels, opening the gates to a brief -term rally.

Bulcoin (BTC) Bulls try to knock down a direct resistance of USD 97,895 and challenge the most critical level of USD 100,000. The Crypto Analytics Santiment platform said in the post on X that Bitcoin wallets containing from 10 to 10,000 bitcoins are positive as to further profits, because they have acquired 81 338 bitcoins in the last six weeks.

According to the president of ETF Store, Nate Geraci, investors are also leading to the Blackrock’s Bitcoin Traded-Traded fund for the last 16 days, which has increased its fresh impact of capital to around $ 4.7 billion.

Eric Balchunas, ETF Bloomberg analyst, also suggested that ETF at Bitcoin’s place “ETF Triple Gold will be managed for 3 to 5 years.”

According to Bitfinex data, Bitcoin must have over $ 95,000 to signal “structural shift” to the stubborn territory, opening the door to the rally to the highest level. However, if it breaks at USD 95,000, analysts expect Bitcoin to witness a deeper correction.

Can Bitcoin question a resistance of $ 100,000? Do selected altcoins show signs of brief -term movement? Let’s analyze the charts of the 10 best cryptocurrencies to find out.

Forecasting bitcoin prices

Bitcoin has affected the 20-day interpretation average (USD 93,091) on May 6, which indicates that the moods remain positive and traders buy on dips.

There is a slight resistance of USD 97,895, but if the level is exceeded, the BTC/USDT pair may question a mental resistance of $ 100,000. Sellers are expected vigorously defending the level, because the break above can drive a few to USD 107,000.

Bears lack time. If they want to come back, they will have to sink and maintain a price below 20-day EMA. If they succeed, the steam may fall to the 50-day straight movable average (USD 87,441).

Forecasting the price of ether

Bears try to pull out the ether (ETH) below the average traffic, which indicates a lack of sales at lower levels.

Buyers will try to take advantage of the situation and exceed the price above immediate resistance to USD 1,873. If they do this, the ETH/USDT pair can take a momentum and boost in the direction of USD 2111. There is a slight resistance at USD 1,957, but it will probably be scaled.

Sellers will probably have other plans. They will try to jerk the price below the average average, opening the gates for a decrease to 1537 USD. Buyers will try to defend the level of USD 1,537, but if they fail, the couple may fall into critical support at USD 1,368.

XRP price forecast

XRP (XRP) fell below the average movement of May 4, but bears could not sink the price to support 2 USD.

Flat movable and RSI, just below the middle point, suggest that the XRP/USDT pair may get stuck between the retaining line and the $ 2 service for a long time.

The break and closing above the resistance line signals a potential change of trend. The couple could then collect 3 USD. And vice versa, a break and closing below USD 2 opens the gates to collapse into the support zone from 1.72 to USD 1.61.

Bnb price forecasting

The lack of maintenance of BNB (BNB) below the average traffic indicates the demand at lower levels.

Bulls will have to try to overcome a 620 USD barrier to neat the rally path to a forceful general resistance of USD 644. Sellers will try to stop recovering at USD 644, but if the bulls win, the next stop can be 680 USD.

This positive view will be annulled in the near future if the BNB/USDT pair falls and breaks below 576 USD support. This increases the risk of falling to $ 520. The buyers are expected to aggressively defend the zone from 500 to 520 USD.

Solana’s price forecasting

Solana (SOL) finds support with moving medium, signaling a positive sentiment in which declines are bought.

Bulls will try to strengthen their position, exceeding the price above the resistance of USD 153. If they manage to do this, the Sol/USDT pair can boost to USD 180, and then to USD 200. This signals that the couple can sway in a enormous range of 110 to 260 USD for a while.

Sellers will have to drag a price below 20-day EMA to prevent growth. The couple could then fall to the 50-day SMA (USD 133). This indicates consolidation from $ 110 to 153 for several days.

Forecasting Dogecoin prices

Dogecoin (dog) sticks to medium movement, signaling the balance between supply and demand.

If the price closes below the average movable, bears will try to pull a pair of dog/USDT to support the range of 0.14 USD. Bulls will try to keep the pair in terms of buying nearly 0.14 USD.

On the other hand, the buyers will have to run and maintain a price above 0.21 USD to suggest a brief -term change in the trend. The pair can accumulate up to USD 0.25, and then to the target of 0.28 USD.

Cardano price forecasting

Cardano (ADA) is witnessing a weighty battle between buyers and sellers near medium traffic.

The flattened average movable and RSI near the middle point do not give a clear advantage either bulls or bears. If the price increases from the current level, it is expected to have to sell for 0.75 USD. A break and closure above 0.75 USD can drive a pair up to USD 0.83.

On the other hand, there is a solid support is 0.58 USD. If the price reflects from 0.58 USD, the Ada/USDT pair may be a range. Sellers take control of the break below 0.58 USD support. The couple can then go down to the support zone from 0.54 to 0.50 USD.

Related: Can the price of XRP reach $ 4 in May? Analysts observe these key levels

SUI price forecast

Sui (SUI) reflected a 20-day EMA (USD 3.14) on May 6, which indicates that lower levels attract buyers.

There is a slight resistance at USD 3.50, but if it is exceeded, the Sui/USDT pair may rise to USD 3.90. Sellers are expected to defend the level of USD 3.90 with all their strength, because the break above may cause the Sui/USDT pair to USD 4.25 and ultimately up to $ 5.

Instead, if the price drops and breaks below 20-day EMA, it suggests that the bulls are rushing to leave. The couple risks solid support at USD 2.86, and then to 50-day SMA (USD 2.61).

Chain price forecasting

The chain (link) finds support on the 50-day SMA (USD 13.66), but the lack of a forceful reflection suggests that the bears maintained pressure.

If the 50-day SMA disappears, the link/USDT pair may drop to $ 11.68. The buyers will try to defend the level, but the aid rally will probably have to sell with moving medium. If the price drops from the average movable, the couple may fall into the support line of the decreasing channel.

On the contrary, if the price comes out of the current level and persists above 20-day EMA (USD 13.99), the couple can gather towards the resistance line. Buyers will have to pierce the resistance line to signal that leaving may end.

Forecasting avalanche prices

Avalanche (Avax) has fallen below 50-day SMA (USD 19.90), which indicates that the range associated with the range can last a few more days.

If the price slips below USD 18.50, the AVAX/USDT pair may fall to operate the range of USD 15.27. The buyers are expected to aggressively defend the level of USD 15.27, because the break below may resume the downward trend.

Alternatively, reflection from the current level suggests that bulls are trying to keep a pair in the upper half of the range. Buyers will have to boost the price above USD 23.50 to start moving to USD 28.78, and then to the target of $ 31.73.

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.