Key points:
-
Bitcoin is looking for support near the $94,500 level, signaling positive sentiment.
-
Buyers must defend the support levels of select major altcoins or the recovery could fizzle out.
Bitcoin (BTC) is trying to seek out support near $88,000, but a handful of macroeconomic aspects within the US and globally are creating headwinds for the complete crypto market. As a result, buyers are treading cautiously and should be waiting to see how a reignited US-EU trade war will impact markets.
The big query traders are asking is how low the BTC price could fall. Experienced trader Peter Brandt said in a post
Daily view of crypto market data. Source: TradingView
Tom Lee, head of research at Fundstrat, also warned investors to organize for a “painful downturn” within the stock and crypto markets in 2026. However, a small positive point is that Lee expects a powerful end to the yr, with BTC potentially hitting a brand new all-time high.
Could buyers halt the decline in BTC and major altcoins? To discover, let's analyze the charts of the highest 10 cryptocurrencies.
Bitcoin price prediction
Buyers tried to initiate a rally in BTC on Wednesday, but bears held their ground, suggesting that rallies were turning into selling.
BTC/USDT day by day chart. Source: Cointelegraph/TradingView
The 20-day exponential moving average ($91,786) is trending lower and the relative strength index (RSI) is in negative territory, suggesting bears have a slight lead. If the $86,500 support gives way, the BTC/USDT pair could fall to $84,000.
The moving averages are expected to act as resistance on rebounds, but when bulls prevail, Bitcoin price could rise to $94,789 after which to $97,924. A detailed above $97,924 indicates a possible trend reversal. The pair could then rise to $100,000 after which to $107,500.
Ether price prediction
Ether (ETH) plunged below the moving averages on Tuesday and reached the support line of the symmetrical triangle pattern.
ETH/USDT day by day chart. Source: Cointelegraph/TradingView
The bulls try to defend the support line, however the weak bounce suggests that the bears have maintained the pressure. If the value breaks below the support line, the ETH/USDT pair could fall to $2,623.
The cops are running out of time. You must push Ether price above the moving averages quickly to get back into the sport. The bullish momentum is prone to increase once buyers reach an in depth above the resistance line.
BNB price prediction
BNB (BNB) pulled back below the 50-day SMA ($885) on Wednesday, indicating that the market has rejected the breakout above $928.
BNB/USDT day by day chart. Source: Cointelegraph/TradingView
BNB price could slide towards the uptrend line, where bulls are expected to intervene. The rebound from the uptrend line could face selling on the moving averages. If the value diverges from the moving averages, the BNB/USDT pair could fall below the uptrend line. The pair could then test the $790 support.
Buyers must push the value above the $959 level to realize control. If they succeed, the pair could rise to $1,087.
XRP price prediction
XRP (XRP) continues to trade below the moving averages, indicating that the bears proceed to use pressure.
XRP/USDT day by day chart. Source: Cointelegraph/TradingView
The bears will try to push the XRP price to $1.77 after which to the crucial support at $1.61. Buyers are expected to vigorously defend the zone between the $1.61 level and the support line of the descending channel pattern. If the value rises sharply from the support zone, it suggests that the pair could remain inside the channel for some time.
Buyers must push the value above the descending trend line to realize the upper hand. The pair could then rise towards $2.70.
Solana price prediction
Solana (SOL) break below the 50-day SMA ($132) suggests that the value could remain within the $117-$147 range for just a few more days.
SOL/USDT day by day chart. Source: Cointelegraph/TradingView
The $117 level is the crucial support to observe out for on the bearish move, as a break below could signal the resumption of the downtrend. The SOL/USDT pair could then crash towards $95.
In contrast, a break and shut above $147 signals that the bulls have overwhelmed the bears. This indicates a possible trend reversal that can push Solana price towards $172 after which $189.
Dogecoin price prediction
Dogecoin (DOGE) has reached the $0.12 support, which is predicted to prompt strong buying from the bulls.
DOGE/USDT day by day chart. Source: Cointelegraph/TradingView
The recovery rally is prone to be countered by selling on the 20-day EMA ($0.13). If the value drops sharply from the 20-day EMA, the chance of a break below the $0.12 support increases. The DOGE/USDT pair could then retest the October 10 low of $0.10.
Contrary to this assumption, a break above the moving averages suggests that Dogecoin price could remain within the $0.12-$0.16 range for a while. A detailed above the $0.16 resistance level will shift the advantage in favor of the bulls.
Cardano price prediction
Cardano (ADA) is looking for support near the $0.33 level, however the recovery is predicted to face selling in the realm between the moving averages and the descending trend line.
ADA/USDT day by day chart. Source: Cointelegraph/TradingView
If Cardano price moves sharply lower from overhead resistance, the potential for a break below the $0.33 level increases. The ADA/USDT pair could then fall to the support line of the descending channel pattern. Buyers are expected to vigorously defend the support line positioned near the October 10 low of $0.27.
This negative view shall be invalidated within the short term if the value rises and breaks above the descending trend line. The pair could then rise to the breakout level of $0.50.
Bitcoin Cash price prediction
Bitcoin Cash (BCH) pullback is finding support on the $563 level, suggesting demand at lower levels.
BCH/USDT day by day chart. Source: Cointelegraph/TradingView
The recovery is prone to be counteracted by selling on the 20-day EMA ($602). If the value drops sharply from the 20-day EMA, the chance of a break below the $563 support increases. The BCH/USDT pair could then fall to $518.
Alternatively, a break above the moving averages suggests that bulls try a comeback. Bitcoin Cash price could rise to the $631 level, which is predicted to pose a significant challenge.
Monero price prediction
Moneros (XMR) rebounded from the 20-day moving average ($541) on Monday to finish at $650, suggesting selling on rallies.
XMR/USDT day by day chart. Source: Cointelegraph/TradingView
Monero price turned sharply lower on Tuesday and closed below the 20-day EMA. This suggests that the XMR/USDT pair could have peaked within the near term. The pair could complete a 100% retracement and plunge to $417.
Buyers have a difficult task ahead of them. The recovery rally is predicted to be countered by selling on the 20-day EMA after which on the $650 level. A detailed above the $650 level signals that the bulls are back in the sport.
Chainlink price prediction
Chainlink (LINK) slipped below the moving averages on Monday, suggesting that the range-bound move could proceed for a while.
LINK/USDT day by day chart. Source: Cointelegraph/TradingView
The flat moving averages and the RSI near the 40 level give neither the bulls nor the bears a transparent advantage. A break below the $11.61-$10.94 support zone would shift the advantage in favor of the bears. The LINK/USDT pair could then decline towards the October 10 low of $7.90.
Buyers must push Chainlink price above $14.98 to signal strength. The pair could then rise towards $17.66.
This article doesn’t contain any investment advice or recommendations. Every investment and trading activity involves risks and readers should conduct their very own research when making their decision. While we try to supply accurate and up-to-date information, Cointelegraph doesn’t guarantee the accuracy, completeness or reliability of the knowledge in this text. This article may contain forward-looking statements which can be subject to risks and uncertainties. Cointelegraph is not going to be chargeable for any loss or damage arising out of your reliance on this information.
