Main point:
Bitcoin (BTC)) The breakout level of $ 109,588 is pinned below, indicating that the bears are fiercely defending the level. Bitfinex analysts said in a market note that after bitcoin, there is usually a new all-time hit after a fast rally. The report states that A Light retracement or consolidation will be healthy And keep the foundation high for the next leg.
There was a similar view of Glasanode. In its latest report, the market intelligence company said that the relative power indicator (RSI) has weakened, Easy speed suggestionWhich may “be a potential break or reversal in the recent boom trend.”
Even if there is an improvement, dips is likely to be purchased. Material indicator co-founder Keith Alan remains fast as bitcoin continues to trade above $ 100,000, and whales are accumulating. He expects $ 94,000 to find support support level.
What are the important levels for viewing in bitcoins and altcoins? Let’s analyze the top 10 cryptocurrency charts to find out.
Bitcoin value prediction
Bitcoin failure may have attracted sales by short -term traders in maintaining above the level of $ 109,588.
Bears will try to draw the price of a 20-day exponential moving average ($ 105,453), which is an important level to look out. If the value is away from the 20-day EMA with strength, it suggests that the emotion remains positive and traders are buying on dips. It improves the possibilities of a retract of a level of $ 111,980. If buyers cross $ 111,980 resistance, the BTC/USDT pair may increase to $ 130,000.
In contrast, a brake and close can strengthen a brake below the 20-day EMA. The pair may then fall for a psychologically significant support of $ 100,000, which is likely to attract solid purchase by the bull.
Ether value prediction
Buyers could not push the ether (ET) On 27 May $ 2,738 over resistance, but they have maintained pressure.
The Eth/USDT pair has formed a fast ascending triangle pattern, which will be completed on a break and closed above $ 2,738. It cleans the pattern target of $ 3,000 and later $ 3,153 for a rally.
This optimistic approach will be rejected in the near period if the price decreases and breaks below the 20-day EMA ($ 2,467). The failure of a rapid setup can trap the aggressive bull, which can drown the pair to $ 2,323 and below it by $ 2,111.
XRP price prediction
XRP (XRP) Trade between the moving average, indicating aggressive purchase or lack of sales.
The flattened 20-day EMA ($ 2.33) and just below the midpoint do not give a clear advantage to the RSI bulls or bears either. If the price falls below the 50-day SMA ($ 2.24), the XRP/USDT pair may dive for $ 2 support. Buyers are expected to defend a level of $ 2 fiercely as a brake pair below it can immerse it by $ 1.61.
Inverted, opens gates up to $ 2.65 for a brake and off a rally above the 20-day EMA. Buyers will have to run above $ 2.65 to reach $ 2.65 above $ 2.65.
BNB price prediction
Buyers pushed BNB (BNB) On 27 May, above $ 693 resistance, but could not maintain a high level.
The value action of the last few days has formed a fast ascending triangle pattern, which will be completed on a break and will be closed above $ 693. If this happens, the BNB/USDT pair may rally towards the pattern target of $ 752.
The 20-day EMA ($ 658) has significant support to look out for the negative side. A brake and closed sales under the 20-day EMA can accelerate as aggressive bulls can cover their positions. It can tag the pair for a 50-day SMA ($ 622).
Solana value prediction
Solana (Fifth note of musical scale)) The 20-day EMA ($ 169) and overhead resistance is integrated within a narrow range at $ 180 within a narrow range.
If the price decreases and breaks under the 20-day EMA, it suggests that bulls are booking profits. The SOL/USDT pair can land up to $ 159 and later to 50-day SMA ($ 153), which is likely to attract buyers. If the price is away from the 50-day SMA, the pair may swing between $ 153 and $ 180 for some time.
A brake and the top of the top above $ 180 indicate to resume. The pair can move speed and rally from $ 210 to $ 220 resistance area.
Dogocine value prediction
Sellers are trying to draw dogcoin (Dog) Under immediate support in 20-day EMA ($ 0.22).
If they succeed, the DOGE/USDT pair may fall for horizontal support on $ 0.21. Buyers are expected to defend the level of $ 0.21 with everyone as a brake below it can submerge a 50-day SMA ($ 0.19) to the pair. Such a trick brings a large $ 0.14 to $ 0.26 range to the game.
Conversely, a reversal from $ 0.21 shows that the bulls are strictly defending the level. It can keep the pair within the range of $ 0.21 to $ 0.26 for a few more days.
Cardano value prediction
Buyers have managed to keep cardano (ADA)) Inverted head-and-probate (H&S) above the neckline of the pattern, but the bounce lacks strength.
This increases the risk of a brake below the 50-day SMA ($ 0.70). If this happens, the ADA/USDT pair can take a dip for solid support at $ 0.60. This suggests that the markets have rejected the breakout from the bullish setup.
Buyers will have to carry forward the price above $ 0.86 resistance to resume UP’s move. The pair can then rally up to $ 1.01, where bears can mount a strong defense.
Connected: SUI price chart signal at 2x rally between nasdaq ETF filing
Needle price prediction
Needle (Needle) On May 28, rejected from the 20-day EMA ($ 3.66), it shows that Bhavna remains negative and traders are selling on rallies.
Bears will try to sink the SUI/USDT pair to the 50-day SMA ($ 3.24), which is an important level to monitor. If the value is away from the 50-day SMA, the bulls will try to clean the 20-day EMA barrier. If they can pull it, the pair can rally from $ 3.90 to $ 4.25 overhead zone.
On the other hand, a break and close below the 50-day SMA suggests that the bears are under control. The pair could then drown in support of $ 2.86.
Exaggerated value prediction
Hyperlicid (Hyp) decreased by $ 40 on 26 May and broke below the breakout level of $ 35.73 on 28 May.
Support at $ 32, but if the level cracks, the promotion/USDT pair can increase the slide to 20-day EMA ($ 30). The buyers will try to start a bounce from the 20-day EMA, but can face rigorous resistance at $ 35.73.
The first sign of strength will be a break and will be above $ 35.73. This suggests solid demand at lower levels. The bulls will then make another effort to run the pair in overhead resistance of $ 42.25.
Chainlink price prediction
chain link (Add) H&S continues to find support on the neckline of the pattern, but bulls have failed to start a strong rebound.
The 20-day EMA ($ 15.66) is leveling, and the RSI is near the midpoint, indicating the balance between supply and demand. Buyers have to advance the price above $ 18 to achieve the upper hand. If they do so, the link/USDT pair can rally up to $ 19.80.
Instead, if the price decreases and breaks down under the 50-day SMA ($ 14.68), it suggests that the markets have rejected the breakout over the resistance line. The pair can then fall to $ 13.20.
There are no investment advice or recommendations in this article. Each investment and business move include risk, and readers should conduct their own research while taking decisions.
