Key points:
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Bitcoin didn’t hold above $90,000, indicating an absence of demand at higher levels.
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Several major altcoins began to rally, but the upper levels created strong selling pressure from bears.
Bitcoin (BTC) bulls pushed the value above $90,000 on Wednesday, but higher levels prompted selling from bears. According to data from Farside Investors, spot BTC exchange-traded funds recorded $634.8 million in outflows this week, indicating a cautious approach from institutional investors.
CryptoQuant analyst MorenoDV_ said in a recent Quicktake evaluation that the True Market Mean (TMM), which represents the associated fee basis of all non-inactive coins, excluding miners, acts “like a psychological line within the sand.” If TMM, currently at $81,500, breaks through, BTC could fall sharply and search for support in the approaching months.
Daily view of crypto market data. Source: TradingView
At the opposite end of the spectrum are Grayscale analysts who remain optimistic for 2026. In its 2026 forecast report, Grayscale said BTC could reach a brand new all-time high in the primary half of next yr on account of macroeconomic tailwinds and higher regulatory clarity within the US.
What are the crucial support and resistance levels to observe out for in BTC and major altcoins? To discover, let's analyze the charts of the highest 10 cryptocurrencies.
Bitcoin price prediction
Buyers pushed BTC back above the uptrend line on Wednesday, however the long wick on the candle shows selling at higher levels.
BTC/USDT each day chart. Source: Cointelegraph/TradingView
The bears will try to push Bitcoin price below the $84,000 support. If they succeed, the BTC/USDT pair could retest the crucial level at $80,600. Buyers are expected to vigorously defend the $80,600-$73,777 area.
The first sign of strength will likely be a break and shut above the 20-day exponential moving average ($90,037). The pair could then rise to $94,589 after which to the psychological level of $100,000.
Ether price prediction
Ether (ETH) rebounded from the uptrend line on Tuesday, however the recovery stalled on the 20-day EMA ($3,066) on Wednesday.
ETH/USDT each day chart. Source: Cointelegraph/TradingView
The bears are attempting to strengthen their position by pulling Ether price below the uptrend line. If they succeed, the ETH/USDT pair could fall to $2,716 after which to $2,623.
Buyers have a difficult task ahead of them. They have to push Ether price above the $3,350 resistance to signal a possible trend reversal within the near term. That opens the door for an increase to $3,659 after which to $3,918.
BNB price prediction
Buyers attempted to push BNB (BNB) back above the 20-day EMA ($883), however the bears successfully defended the extent.
BNB/USDT each day chart. Source: Cointelegraph/TradingView
The sellers will try to push BNB price below the $840 level and test the critical support at $791. Buyers are expected to defend the $791 level with all their might as a break below could send the BNB/USDT pair all the way down to $730.
If the value as an alternative rises and breaks above the moving averages, it might suggest that the pair could remain within the $791-$1,020 range for a while. If the value closes above $1,020, buyers will likely be in charge again.
XRP price prediction
XRP (XRP) has slipped towards the support line of the descending channel pattern, indicating negative sentiment.
XRP/USDT each day chart. Source: Cointelegraph/TradingView
Bulls are expected to mount strong defense in the world between the channel's support line and $1.61. Any recovery rally is more likely to see selling on the 20-day EMA ($2.03) after which the 50-day easy moving average ($2.18).
If XRP price diverges from the moving averages, the potential of a break below $1.61 increases. The XRP/USDT pair could then fall to the October 10 low of $1.25. On the opposite hand, a break above the downtrend line signals a possible trend reversal.
Solana price prediction
Bulls are trying to defend the support line at Solana (SOL), however the weak bounce suggests bears proceed to use pressure.
SOL/USDT each day chart. Source: Cointelegraph/TradingView
The falling 20-day EMA ($133) and the relative strength index (RSI) below 39 signal that bears are on top of things. A detailed below the support line indicates a continuation of the downward move. The SOL/USDT pair could crash to $110 after which to the solid support at $95, where buyers are expected to intervene.
To gain the upper hand, bulls have to push Solana price above the resistance line and hold it. The pair could then rise to $172.
Dogecoin price prediction
Dogecoin (DOGE) fell below the $0.13 support on Monday, signaling the resumption of the downtrend.
DOGE/USDT each day chart. Source: Cointelegraph/TradingView
A small advantage for the bulls is that the RSI is forming a positive divergence. This suggests that selling pressure is easing. Buyers have to quickly push and hold Dogecoin price above the 50-day SMA ($0.15) to signal strength. The DOGE/USDT pair could then rise to $0.19.
Alternatively, if the value continues to say no or falls from $0.14, it would suggest that bears are still in charge. The pair could then fall to the October 10 low of $0.10.
Cardano price prediction
Cardano (ADA) is struggling to get better from the $0.37 support, indicating an absence of aggressive buying from bulls.
ADA/USDT each day chart. Source: Cointelegraph/TradingView
Sellers will attempt to strengthen their position by driving the Cardano price below the $0.37 mark. If they succeed, the ADA/USDT pair could fall to $0.32 after which to the October 10 low of $0.27.
Any recovery rally is predicted to be countered by selling on the moving averages. Bulls have to push and sustain the value above the $0.50 breakout level to declare a comeback. The pair could then rise to $0.61.
Bitcoin Cash price prediction
Bitcoin Cash (BCH) bounced off the 50-day SMA ($534) on Tuesday and bulls are attempting to maintain the value above the 20-day EMA ($558) on Wednesday.
BCH/USDT each day chart. Source: Cointelegraph/TradingView
If the value fails to remain above the 20-day EMA, sellers will again try to pull the BCH/USDT pair below the 50-day SMA. If they succeed, the value of Bitcoin Cash could fall below the $508 support. This suggests that the value will remain in a spread between $443 and $615 for a while.
On the opposite hand, if the value closes above the 20-day EMA, it signals positive sentiment. The bulls will then try to push the pair to the upper resistance at $615.
Hyperliquid price prediction
Buyers are attempting to initiate a recovery in Hyperliquid (HYPE), but selling is more likely to occur near the 20-day EMA ($30.26).
HYPE/USDT each day chart. Source: Cointelegraph/TradingView
If the value diverges from the 20-day EMA, the HYPE/USDT pair could resume its downtrend. The pair could fall to $24 after which to the October 10 low of $20.82.
Contrary to this belief, an increase in price above the 20-day EMA indicates that selling pressure is easing. The pair could then climb to the breakout level of $35.50, a critical level to observe out for. If buyers overcome resistance, it suggests the downtrend could possibly be over.
Chainlink price prediction
Chainlink (LINK) has been trading below the moving averages, increasing the probabilities of a decline to the $10.94 support.
LINK/USDT each day chart. Source: Cointelegraph/TradingView
Buyers are expected to vigorously defend the $10.94 level, however the recovery rally could possibly be countered by selling on the moving averages. If the value diverges from the moving averages, the LINK/USDT pair could fall to the October 10 low of $7.90.
Contrary to this assumption, an increase in Chainlink price from the present level or support at $10.94 to a break above $15 indicates demand at lower levels. The pair could then rise to $16.80.
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