Key points:

• The Bitcoin price has observed a profit reservation near USD 105,819, a signaling that is not energetic at higher levels.

• The choice of altcoins is still increasing, which indicates increased investors’ interest.

• SPX and DXY play in catching up in Bitcoin after US-China’s commercial transaction.

Bitcoin (BTC) began a fresh week with a cautious note, falling below USD 103,000, but the S&P 500 (SPX) index and the American dollar index (DXY) increased rapidly after the US-China trading agreement was announced. One of the reasons may be that other resources are trying to play Bitcoin, and a acute so on American dollars can act as Bitcoin winds in the near future.

The BitWise European European of Research André Dragosch said in the post to X that the reserved indicator of the company reached the highest level from 2024. Historically, high levels of the indicator caused a brief -term correction or price.

Tiny -term uncertainty did not stop long -term bulls from adding more bitcoins to their wallet. Michael Saylor’s strategy acquired 13,390 Bitcoins at an average price of USD 99,856 between May 5 and May 11. The latest purchase increased the company’s company to 568 840 Bitcoins.

What are the key support levels to be careful in Bitcoin and Altcoins? Let’s analyze the charts of the 10 best cryptocurrencies to find out.

S&P 500 index prices forecasting

The S&P 500 indicator increased sharply on May 12 and increased above the inflexible resistance over the head to 5800.

Bears lack time. If they want to prevent growth, they will have to rapidly defend the level of 5800 and quickly drag the price below the 20-day interpretation of the movable average (5570). If they manage to do this, the index can start a deeper correction in the direction of 5400.

Instead, if the price closes above 5800, upward movement can continue 6000. It can stop at 6000, but if the bulls wins, the index can complement the highest level at 6 147.

Forecasting the price of an American dollar indicator

The American dollar indicator broke the 20-day EMA (100.42) on May 8, which indicates that bears lose their grip.

Sellers tried to withdraw the price below 20-day EMA on May 9, but Bulls maintained their land. The index reached a 50-day straight moving average (102.08), which is to behave as resistance.

If the price drops from the 50-day SMA, but it will find support on an EMA 20-day, it suggests a positive sentiment. This increases the probability of a rally to 103.54, and then to 104.68.

Forecasting bitcoin prices

Bitcoin rejected from USD 105,819, which indicates that the bears defend the zones from 107,000 to 109,588 USD.

The first support in the minus is USD 100,000, and below this 20-day EMA (USD 97 238). If the price reflects from the support zone, Bulls will again try to throw away BTC/USDT pair above USD 109,588. If they manage to do this, the couple can rise to $ 130,000.

And vice versa, if the price drops and breaks below 20-day EMA, it signals that the buyers are reserving profits at higher levels. This opens the door for a fall to USD 93,000, and then to 50-day SMA (USD 89,302).

Forecasting the price of ether

Ether (ETH) Bulls try to keep a price above USD 2550, but the bears maintained sales pressure.

If the price slips below USD 2435, the ETH/USDT pair may drop to USD 2320. If the price reflects from USD 2,320, the bulls will try to resume movement up. It is the resistance is USD 2850, but if it is exceeded, the pair can reach USD 3000.

In contrast to this assumption, if the price drops and breaks below USD 2320, suggests that bulls reserve profits. The couple may fall to a breakthrough level of USD 2111, which can act as support.

XRP price forecast

XRP (XRP) broke over the resistance line on May 10, and Bulls successfully kept the breakthrough of the groundbreaking level on May 11.

Bulls strengthened their position, exceeding the price above the resistance of $ 2.50. There is a slight resistance of USD 2.65, but if the level is scaled, the rally can reach USD 3. This movement signals a potential change in the trend.

Alternatively, if the price drops rapidly from USD 2.65 and breaks below 20-day EMA (USD 2.27), signals possible range of coverage in the near future. The XRP/USDT pair may range from 2 to 2.65 USD for some time.

Bnb price forecasting

BNB (BNB) rejected from USD 679 on May 10, but rejected the level of breakthrough 644 USD on May 12.

The buyers tried to resume the movement up, but the long wick on the candlestick shows sales near the level of USD 700. If the price stays above USD 644, Bulls will make another attempt to drive the BNB/USDT pair up to 745 USD.

Sellers will have to draw a price below USD 644 to weaken the bulls. The couple could then fall to the 20-day EMA (USD 621). The buyers are expected to defend 20-day EMA, because the break below may tilt the advantage in favor of bear.

Solana’s price forecasting

Solan movement (SOL) UP got stuck at a dead point of USD 180, but the positive sign is that the Bulls did not give up the bear.

Shallow withdrawal increases the possibility of continuing the rally. If the buyers raise the price above USD 180, the Sol/USDT pair can collect up to USD 210.

Immediate support in the minus is USD 168. If the price drops below USD 168, the pair may go down to 20-day EMA (USD 155). A solid reflection from a 20-day EMA suggests that the bulls remain under control. This increases the probability of a break above USD 180. Sellers will gain an advantage during the break below USD 153.

Related: Bitcoin set to the BTC price rally 150 thousand USD

Forecasting Dogecoin prices

Dogecoin (Doge) rejected from USD 0.26 on May 11, which indicates a profit reservation by brief -term buyers.

The bulls are expected to aggressively defend the 0.21 USD breakthrough. If the price revolves $ 0.21 with strength, it signals that the bulls have converted the level to support. The Doge/USDT pair may then raise to USD 0.31.

On the contrary, the break and closing below USD 0.21 suggest that bears remain energetic at higher levels. The steam can then fall to medium traffic, indicating a possible creation of a range from 0.14 to 0.26 USD in the near future.

Cardano price forecasting

Cardano (ADA) is in the face of resistance near $ 0.86, but the positive sign is that the bulls did not raise a lot of lands for bear.

20-day EMA (USD 0.72) began to appear, and RSI is located near the blurred area, which indicates the advantage of the buyer. If the price bounces off the neckline, the bulls will try to drive the ADA/USDT pair above 0.856 USD. If they manage to do this, the couple can go to the destination target 1.01 USD.

If sellers want to prevent growth, they will have to quickly break the price below the following average. If they do this, the couple can go down to solid support of USD 0.58.

SUI price forecast

SUI (SUI) is in the face of sales for USD 4.25, but a positive sign is that the bulls have maintained the price above the USD 3.90.

Both average movable ones fall, and RSI is located near the purchased zone, which indicates that the path of the slightest resistance is position. If the buyer cleans the level of USD 4.25, the Sui/USDT pair may raise to $ 5.

The first sign of weakness will be a break and closes below USD 3.90. This opens the door to a fall to 20-day EMA (USD 3.48). The reflection of the 20-day EMA signal that the positive shoot remains intact. Bulls will again try to immaculate an obstacle of USD 4.25.

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.