Key points:

• Bitcoin is trying to recover from the $84,000 level, but bears continue to sell on the rally.

• Several major altcoins are struggling to start a recovery, but Bitcoin Cash looks mighty in the near term.

Bitcoin (BTC) rose above $89,000 after the Bank of Japan (BoJ) raised interest rates to around 0.75% on Friday, but bulls are struggling to sustain higher levels. While a BoJ rate hike is generally considered a negative for risky assets, BitMEX co-founder Arthur Hayes told his X supporters not to fight the BoJ because the clear policy is negative real rates. Hayes predicted that the dollar/yen would reach 200 and BTC would reach one million.

While the long-term picture remains positive, the short-term remains uncertain. The biggest question on investors’ mind is whether the rally should be sold or whether it is a good buying opportunity. Fidelity’s director of global macroeconomic research Jurrien Timmer said in a post on X that BTC may have peaked at $125,000, marking the end of the four-year halving phase of the cycle. He expects BTC to witness a snail-paced period in 2026, with support in the $65,000 to $75,000 zone.

In another 2026 forecast, Tether CEO Paolo Ardoino said BTC may not experience the “sharp 80% corrections we saw in 2022 or early 2018.” However, he said that BTC may be influenced by the so-called AI bubble due to its close correlation with capital markets.

What key support and resistance levels should you watch for in BTC and major altcoins? To find out, let’s analyze the charts of the 10 most popular cryptocurrencies.

Bitcoin price prediction

Buyers are trying to defend the $84,000 support, but the recovery is expected to involve selling at the moving averages.

The falling 20-day exponential moving average (EMA) ($89,369) and the relative strength index (RSI) in negative territory suggest that the bears have a slight advantage. If the price drops sharply from the 20-day EMA, the likelihood of a break below $84,000 increases. The BTC/USDT pair could then drop to $80,600.

Buyers will need to keep Bitcoin price above the resistance at $94,589 to signal a potential trend change in the near future. The pair can then raise to $100,000 and then to $107,500.

Ether price prediction

Ether (ETH) is trying to rebound from support near $2,700, which indicates a buy on the dips.

The bears are unlikely to give up easily and will fiercely defend the zone between the 50-day plain moving average (SMA) ($3,161) and $3,450. If the price of ether drops sharply from the upper resistance, the ETH/USDT pair could retest the $2,700 to $2,623 support zone. If the zone breaks down, the pair could fall to $2,250.

This negative view will be invalidated in the near future if the price rises and breaks above the resistance at $3,450. The pair could then rise to $3,918.

BNB Price Forecast

BNB (BNB) is trying to break off the uptrend line, but higher levels will likely attract sellers.

If the BNB price drops sharply from the moving averages, the possibility of a drop to the support at $790 increases. Buyers are expected to defend the $790 level with all their might as a break below this level could push the BNB/USDT pair down to $730.

On the contrary, a breakout and close above the resistance at $928 will complete the ascending triangle formation. This suggests that the recovery phase is over, paving the way for an upside to the $1,066 target.

XRP price forecast

XRP (XRP) is trying to rebound from the support lines of a descending channel formation, indicating demand at lower levels.

Falling moving averages and RSI in the red indicate a bearish advantage. If the price drops from the moving averages, bears will try to sink the XRP/USDT pair to the $1.61 support.

Instead, if the XRP price continues to rise and breaks above the 50-day SMA ($2.15), it suggests that the pair may remain in the channel for some time. Bulls will gain the advantage when closing above the downtrend line.

Solana price forecast

Solana (SOL) fell below the $121 level on Thursday, but bears are having a difficult time holding down lower levels.

The recovery is expected to come amid selling at the 20-day EMA ($131) and then at the 50-day SMA ($142). If the price drops from the moving averages, the bears will again try to push the SOL/USDT pair below $121. If they are successful, Solana’s price could drop to $110 and then to the $95 support.

On the contrary, if buyers pick the pair above the resistance at $147, it suggests a short-term trend change. The pair could then rise to $172.

Dogecoin price forecast

Dogecoin (DOGE) remains below the $0.14 level, but bulls are trying to launch a relief rally.

The RSI indicator shows positive divergence, which indicates that the bearish momentum is weakening. Bulls will need to push and hold DOGE/USDT above the $0.16 level to signal a comeback.

The sellers probably have other plans. They will try to stop the aid rally at the $0.14 breakdown level. If this happens, it means the $0.14 level has turned into resistance. This increases the risk of a drop to the October 10 low of $0.10.

Cardano Price Forecast

Cardano (ADA) fell below support at $0.37 on Wednesday, but bulls will try to break that level on Friday.

A positive divergence on the RSI suggests that selling pressure is easing. Buyers will try to push the price above the 20-day EMA ($0.40). If they succeed, the ADA/USDT pair could rise to the $0.50 breakdown level. Sellers will try to defend the $0.50 level by turning it into resistance.

On the other hand, a breakout and close below $0.34 signals a resumption of the downtrend. Cardano’s price may then drop to $0.27.

Related: SOL’s price action lags the broader altcoin market: Has Solana’s glory days come to an end?

Bitcoin Cash Price Forecast

Buyers successfully defended the 50-day SMA ($535) in Bitcoin Cash (BCH), indicating positive sentiment.

The bulls will try to strengthen their position by pushing the Bitcoin Cash price above the resistance at $615. If they succeed, the BCH/USDT pair could resume its upward movement. The pair could rise to $651 and then to $720.

Conversely, if the price drops sharply from $615 and falls below the 50-day SMA, it suggests that the pair could consolidate in a wide range between $443 and $615 for several days.

Hyperfluid price prediction

Hyperliquid (HYPE) rose from $22.19, signaling that bulls are aggressively defending the October 10 low of $20.82.

An raise in relief could reach the 20-day EMA ($28.86), which is a key upper resistance to watch out for. If the price drops sharply from the 20-day EMA, it means that the bears are still selling during the rally. This increases the risk of a break below the support at $20.82. If this happens, the HYPE/USDT pair could drop to $16.90.

On the other hand, a break above the 20-day EMA suggests that the bears are losing control. Hyperliquid’s price may then raise to the split level of $35.50.

Chain link price prediction

Bulls are trying to stop Chainlink (LINK)’s decline in the $11.61 to $10.94 support zone.

The recovery is expected to face resistance at the 50-day SMA ($13.99). If Chainlink price falls from the 50-day SMA, the support at $10.94 could come under pressure. If the level breaks down, the LINK/USDT pair could fall to the October 10 low of $7.90.

On the other hand, a break and close above the $15 level indicates that the bulls are fiercely defending the $10.94 support. This paves the way for an raise to $16.80 and then to $19. This brings a immense range of $10.94 to $27 into play.

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