Key points:
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Bitcoin has fallen below $ 100,000 on Sunday, but the reflection may depend on the opening of the USA in the range of reserves in the USA.
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Bitcoin’s weakness was pulled out by ETH, XRP, SOL and Hype below their appropriate support levels.
Bitcoin (BTC) imposed below psychological support of $ 100,000 on Sunday, when traders digested the US strike in Iran in nuclear facilities. The popular CAS ABBE trader said in a post on X that Bitcoin may fall towards the zone from 93,000 to 94,000 USD before the onset of reversal.
Bitcoin’s weakness spread to several main altcoins, which entered a deeper correction, breaking below their appropriate levels of support. This suggests that the sentiment has chosen and traders take risks from the table.
However, a positive sign is that analysts remain stubborn Bitcoin in the long run. Raoul Pal, general director of Real Vision, said in a recent film that the current cryptographic cycle resembles a pattern apparent in 2017. He expects that the cryptographic cycle extends to Q2 2026.
Can Bitcoin Bulls withdraw a price above 100,000 USD or be the bears controlled? Will selected altcoins find buyers at lower levels? Let’s get to know the charts to find out.
Forecasting bitcoin prices
Bitcoin broke below the 50-day straight movable average (USD 104,788) on Friday and support of $ 100,000 on Sunday.
The average movable are on the edge of the bear, and the relative force indicator (RSI) is on negative territory, which indicates that bears are under control. If the price maintains below 100,000 USD, sales may augment by attracting a pair of BTC/USDT to USD 93,000.
Buyers will have to exceed the price above the 20-day interpretation of the movable average (USD 104,616) to prevent the minus in the near future. The couple can then rise to the relegation line, which is probably a significant challenge for bulls.
The pair graduated from the Bear a decreasing triangle pattern up close below USD 100,700. The exemplary goal of a negative configuration is 89 420 USD, but the bulls are unlikely to give up easily.
Buyers will try to start a lend a hand rally, which can face sales for 100,700 USD, and then in 20. If the price rejects from general resistance, the couple may deepen the correction.
Bulls will have to run and maintain a price above 50-SMA to start sensible recovery.
Forecasting the price of ether
Ether (ETH) rejected from 20-day EMA (USD 2487) and fell on Friday below 50-day SMA (USD 2481).
The sale lasted on Saturday, and the ETH/USDT pair broke below USD 2,323. The buyers tried to withdraw the price above the level of PLN 2323, but the renovated sales by bears attracted a pair near the support worth USD 2111. Bulls will try to defend the level of USD 2,111 with all their strength, because the break below can sink a pair to USD 1,754.
If the price is reflected from USD 2111, Bulls will have to push the pair above 20-day EMA to suggest that the short-term correction could end.
The couple could find support at USD 2111, but the reflection is expected to have mighty sales at the level of USD 2323. If the price drops rapidly from USD 2,323, the bears will try to sink the pair below USD 2111 again.
And vice versa, if Bulls successfully defend the level of USD 2111, the couple can create a range in the near future. The couple can range from USD 2111 to USD 2,111 for some time. Sales pressure can weaken up close above 50.
XRP price forecast
XRP (XRP) range from 2 to 2.65 USD resolved on Sunday, which indicates an increased pressure of bear sales.
If the price lasts below USD 2, the XRP/USDT pair may organize $ 1.61 support. The buyers are expected to vigorously defend the USD 1.61, because the break below may start collapsing to USD 1.28.
Bulls will have to quickly refute the price above the level of 2 USD to prevent failure. The couple may then augment to medium traffic, in which bears probably pose a mighty challenge.
The Bulls tried to reject from support of $ 2, but the bears aggressively sold nearby by 20 on a 4-hour table. The price rejected and broke below USD 2 support, attracting RSI on the sale territory. This suggests that it is possible in a miniature period of relief.
On the other hand, bears can sell recovery at $ 2 and above 20. If the price drops rapidly from the resistance on the head, the couple risks another disadvantage. Closing above the 50-SMA will be the first sign that sales pressure is decreasing.
Related: Here’s what happened today in Crypto
Solana’s price forecasting
Solana (SOL) graduated from H&S bears when the price was closed below 140 USD on Saturday.
Bulls will try to start recovery, but they can meet with sales on a 20-day EMA (USD 148). If the price drops from a 20-day EMA, the SOL/USDT pair may immerse $ 110, and ultimately to the target of 93 USD.
And vice versa, a break and closing above the 20-day EMA suggests a solid demand at lower levels. The couple can augment to the 50-day SMA (USD 160), which can behave as a mighty obstacle.
The medium downward signal, which is the bears, is commanded, but the level of sale on RSI indicates a possible rally reference in the near future. Recovery attempts can face sales at the breakdown level of 140 USD. If the price drops from 140 USD, bears will try to resume movement down.
Buyers will have to push and keep a price above 50-SMA to signal the return. This opens the door to the Facilitate Rally up to USD 149, and then to USD 158.
Anticipating the price of hyperlic
Repeated price failure above USD 42.50 began a pointed correction in the hyperlic (noise), signaling that the bulls are in a hurry to book profits.
Bulls organized a 50-day SMA (USD 32.26) on Saturday, but the reflection was sold. This increases the ability to break below the 50-day SMA. A pair of noise/USDT may go down to a breakthrough level of USD 28.50.
Buyers will probably have other plans. They try to defend the 50-day SMA and repel the price above 20-day EMA. If they manage to do this, the couple could augment to USD 40.
Both average movable ones fall, and RSI is in the negative zone on a 4-hour table. Pieliny up to 20 will probably be sold. There is a slight support for 30.50 USD, but you can break them. The couple can then fall violently to solid support in the amount of USD 28.50.
The first sign of strength will be a break and closes above 20. This suggests that bears lose their grip. The couple can rise to the 50s, which can attract sellers again.
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.