Key points:

• Bitcoin risks a deeper correction of up to $ 100,000, but the positive sign is that the strategy and mataplanet are still gathering.

• The ether and selected altcoins try to reflect from mighty support levels, signaling buying on dips.

Bitcoin (BTC) has not maintained over USD 105,000, which indicates a lack of demand at higher levels. The research company Santiment said in its market update that the whale’s activity increased after Bitcoin approached USD 112,000. Sometimes such an escalate in whaling activity near the market peaks signals the raising of profits.

The Alphabtc analyst said in the post on X that Bitcoin could start a deeper correction that could last until the second week of June.

The Titan trader from Crypto said in a post on X that Bitcoin may drop to USD 97,000, and if this level also breaks, the next stop can be 90,000 USD.

Although the brief -term image remains uncertain, long -term bitcoin bulls are still buying. The Strategy of Michael Saylor, the world’s largest Bitcoin corporate owner, announced the purchase of 705 Bitcoins at an average price of USD 106,495 for a coin between 26 and 30 May.

Similarly, the Japanese investment company Metaplanet said in a post on X that it purchased 1 008 bitcoins at an average price of USD 108,400.

What are the critical support levels that should 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 (SPX) index fell near the 20-day interpretation of the movable medium (USD 5,817) on May 30, but the long tail on the candlestick shows the purchase at lower levels.

The bulls will try to resume the upward movement, exceeding the price above 5970. If they can do it, the index can start the north to the highest level 6147. It is expected that the sellers are rapidly defending the zone from 6000 to 6147.

20-day EMA is a critical support that should be considered in the near future. The break and closing below the 20-day EMA suggests a profit book by short-term buyers. The index can drop to 5700, followed by a 50-day straight movable average (5 609).

Forecasting the price of an American dollar indicator

The American dollar index (DXY) increased above 20-day EMA (99.82) on May 29, but the bulls could not maintain higher levels.

Medium movable down and the relative strength indicator in the negative zone signal that is controlled. If the price closes below 99, the next stop will probably be 97.92. Buyers will try to stop the defect at 97.92, because if they fail in their undertaking, the index could move to level 95.67.

Bulls will have to push and maintain a price above 50-day SMA to signal strength. The index can then gather to level 102.

Forecasting bitcoin prices

Bitcoin rejected from 20-day EMA (105,232 USD), which indicates that bears fiercely guard the level.

Bears will try to strengthen their position, pulling the price below immediate support of USD 103,000. If they manage to do this, the BTC/USDT pair can sink with the level of 100,000 USD. The buyers are expected to defeat the support of $ 100,000 fiercely, because the break below may sink a pair to USD 93,000.

On the other hand, a break and closing above $ 106,000 can push the steam to the overall zone $ 109 588 to $ 111,980. The break and closing over the zone can catapult a few to $ 130,000.

Forecasting the price of ether

Sellers are trying to pull out the ether (ETH) below 20-day EMA (USD 2,52), but the bulls successfully maintained this level.

If the price is rapidly from the current level and a break above the resistance of 2,738 USD, it signals the resumption of cultivation. The ETH/USDT pair can collect up to $ 3,000. It is resistance of USD 2850, but it will probably be exceeded.

And vice versa, the break and closing below 20-day EMA tilts the advantage in favor of the bear. The couple may drop to USD 2,323, which will probably act as solid support. The $ 2323 reflection may be sales on a 20-day EMA.

XRP price forecast

XRP (XRP) still trades in the range of 2 to 2.65 USD, which indicates a balance between pad and demand.

It is expected that an attempt to recover from the current level or USD 2 will have to sell at 20-day EMA (USD 2.27). If the price drops rapidly from the 20-day EMA, the bears will try to sink a pair of XRP/USDT below 2 USD. If they do this, the couple may collapse up to USD 1.61.

Alternatively, a break and closing above 20-day EMA removes the rally path to $ 2.65. If the buyers overcome the 2.65 USD barrier, the couple will end the opposite head and shoulder pattern. The stubborn configuration has a goal of 3.69 USD.

Bnb price forecasting

BNB (BNB) reflects from support of USD 644 in the face of resistance at 20-day EMA (USD 659), which indicates that bears are selling at rallies.

The 20-day EMA is flattened and the RSI is close to the middle point, which suggests possible action related to the range in the near future. The BNB/USDT pair can transform between 634 and 693 USD for several days.

A break above USD 693 or below USD 634 may start another popular traffic. If the buyers pierce general resistance of USD 693, the steam may escalate rapidly to 732 USD, and then to 761 USD. The target in minus USD 580 will open if the pair drops below 50-day SMA (USD 630).

Solana’s price forecasting

Buyers are trying to defend the support of USD 153 in Solan (SOL), but they could not exceed the price above 50-day SMA (USD 157).

20-day EMA (165) began to reject, and RSI is below 50, which indicates the advantage of sellers. If support of USD 153 USD, SOL/USDT pair may drop to $ 140.

Instead, if the price reflects USD 153, Bulls will try to push the pair above 50-day SMA again. If they succeed, the couple can climb the 20-day EMA. This suggests that the couple can consolidate from 185 to 153 USD for some time.

Related: Risk of XRP price in the amount of 20% to USD 1.70 – here is why

Forecasting Dogecoin prices

Dogecoin (dog) trades below 50-day SMA (0.19 USD) from 30 May, which indicates that the bears maintained pressure.

There is a slight support of USD 0.18, but if the level falls apart, the Doge/USDT pair may fall to the zone 0.16 to 0.14 USD. If the price reflects from the support zone, the couple can extend their stay in the range from 0.14 to 0.26 USD for a long time. The price in the range can be random and unstable.

Another popular traffic is to start with a break above 0.26 USD or below 0.14 USD. If the USD 0.26 is scaled, the steam may escalate rapidly to USD 0.35. On the other hand, a break below 0.14 USD may sink a pair to 0.10 USD.

Cardano price forecasting

Cardano (ADA) has fallen below 50-day SMA (0.71 USD) on May 30, a signaling advantage for bears.

Bulls are trying to defend the level of USD 0.64, but the lack of a solid reflection increases the risk of failure. If this happens, the ADA/USDT couple can go down to solid support in the amount of 0.60 USD.

It is expected that rally tests with a relief rally will have to sell on a 20-day EMA (0.72 USD). Buyers will have to push and keep the price above the neckline to suggest return. The pair can then escalate to USD 0.86, and then to USD 1.01.

Anticipating the price of hyperlic

Hyperliquid (Hype) bounced off the 20-day EMA (USD 31.17) on June 1, but the bulls are fighting to keep the shoot.

Buyers will have to exceed the price above USD 35.73 to signal strength. This opens the door to the rally to USD 40, and then to USD 42.25. Sellers will try to stop the 42.25 USD traffic, but if the winner wins, the noise/USDT pair may escalate to 50 USD.

On the contrary, if the price drops and breaks below 20-day EMA, it signals that every diminutive rally is sold. The couple can slip up to USD 28.50, where the buyers are expected to enter.

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.