key points:
-
Bitcoin risks an intensive improvement up to $ 100,000, but a positive indication is that the strategy and mataplanet continue to accumulate.
-
Ether and select altcoins are trying to bounce their strong support levels, indicating buying on dips.
Bitcoin (BTC) Upsed to maintain above $ 105,000, indicating the lack of demand at a high level. Research firm Santime said in its market update that the whale activity was picked up after Bitcoin had a rally near $ 112,000. Sometimes, so Increase in whale activity near market top Signs of taking advantage.
Analyst Alphabtc said in a post on X that Bitcoin may have started a deep improvementWhich can last till the second week of June.
Trader Titan of Crypto said in a post on X that Bitcoin can decrease to $ 97,000And if that level also cracks, the next stop may be at $ 90,000.
Although the close photo of the near-period remains uncertain, long-term bitcoins continue to buy bulls. Michael Sirer’s strategy, the world’s largest corporate holder, announced the purchase 705 bitcoin for average price $ 106,495 per coin between 26 and 30 May.
Similarly, Japanese investment company Metaplanet said in a post on X that It acquired 1,008 bitcoins For an average price of $ 108,400.
What are the important support levels for viewing in bitcoin and altcoins? Let’s analyze the top 10 cryptocurrency charts to find out.
S&P 500 Index Price Prediction
The S&P 500 index (SPX) fell near the 20-day exponential moving average ($ 5,817) on 30 May, but buys a long tail on the candlestick at a lower level.
Bulls will try to resume UP’s move by extending the price above 5,970. If they can pull it, the index can start its north side to a high level of 6,147. Vendors are expected to defend the area between 6,000 and 6,147 fiercely.
The 20-day EMA is important support for viewing in the near period. A brake and close below the 20-day EMA suggests profit-booking by short-term buyers. The index may fall to 5,700 levels and later up to a 50-day simple moving average (5,609).
US Dollar Index Price Prediction
The US Dollar Index (DXY) rose above the 20-day EMA (99.82) on 29 May, but the bulls could not maintain a high level.
Downsloping moving averages and relative power index in negative zone signals that remain under bear control. If the price is closed below 99, the next stop is likely to be 97.92. Buyers will try to stop the negative side at 97.92 as they fail in their efforts, the index may be nozzle up to 95.67 levels.
Bulls will have to move and maintain the price above the 50-day SMA for signal strength. The index can then rally up to 102 levels.
Bitcoin value prediction
Bitcoin has turned down from the 20-day EMA ($ 105,232), showing that the bears are fiercely guarding.
The bears will try to strengthen their position by pulling the price below urgent support at $ 103,000. If they manage to do so, the BTC/USDT pair can sink at a psychologically important $ 100,000 level. Buyers are expected to fierce the support of $ 100,000 as a break below it can sink the pair up to $ 93,000.
On the other hand, a break and a pair above $ 106,000 can push the pair from $ 109,588 to $ 111,980 overhead zone. A brake and close above the zone can reach the pair to $ 130,000.
Ether value prediction
The sellers are trying to pull the ether (ET) Under the 20-day EMA ($ 2,502), but Bulls has successfully held the level.
If the price changes rapidly from the current level and breaks above the $ 2,738 resistance, it indicates the resume of the uptrend. The Eth/USDT pair can rally up to $ 3,000. There is resistance at $ 2,850, but it is likely to be crossed.
In contrast, a brake under the 20-day EMA increases the profit in favor of the close bears. The pair can drown up to $ 2,323, which is likely to act as solid support. An bounce from $ 2,323 can face selling in 20-day EMA.
XRP price prediction
XRP (XRP) Release the balance between supply and demand, continues to trade within the range of $ 2 to $ 2.65.
The current level or a recover attempt from $ 2 is expected to face sales in 20-day EMA ($ 2.27). If the price decreases rapidly from the 20-day EMA, the bears will try to sink the XRP/USDT pair below $ 2. If they do so, the pair may fall to $ 1.61.
Alternatively, a brake and close over the 20-day EMA cleans the path for a rally by $ 2.65. If buyers cross the barrier at $ 2.65, the pair will complete a reversal head and shoulder pattern. The goal of the bullish setup is an objective of $ 3.69.
BNB price prediction
Of BNB (BNB) $ 644 bouncing with support is facing resistance to 20-day EMA ($ 659), showing that bears are selling on rallies.
The 20-day EMA is flat out, and the RSI is near the midpoint, suggests a possible range-bound action in the near period. The BNB/USDT pair can swing between $ 634 and $ 693 for a few more days.
Brakes above $ 693 or may begin the next trending step below $ 634. If buyers pierce overhead resistance at $ 693, the pair can touch the sky by $ 732 and after that, by $ 761. A negative target of $ 580 will open if the pair falls below the 50-day SMA ($ 630).
Solana value prediction
Buyers are trying to protect $ 153 support in Solana (Fifth note of musical scale) But they could not extend the price above the 50-day SMA ($ 157).
The 20-day EMA (165) has begun to shut down, and the RSI is below 50, indicating benefits to the sellers. If $ 153 supports the support way, the SOL/USDT pair can grow to $ 140.
Instead, if the value is away from $ 153, the bulls will again try to push the pair above the 50-day SMA. If they succeed, the pair may climb a 20-day EMA. It suggests that the pair may be consolidated between $ 185 and $ 153 for a while.
Connected: The XRP price increases 20% accident to $ 1.70 – why here is
Dogocine value prediction
Dogcoin (Dog) From May 30, trading below the 50-day SMA ($ 0.19), it shows that the bear has maintained pressure.
$ 0.18 has minor support, but if the level breaks, the DOGE/USDT pair may fall from $ 0.16 to $ 0.14 zone. If the price is away from the support area, the pair can expand their stay within the range of $ 0.14 to $ 0.14 for some more time. The value action within a limit can be random and unstable.
The next trending step is expected to start at above $ 0.26 or on a break below $ 0.14. If the level of $ 0.26 is increased, the pair can touch the sky by $ 0.35. On the negative side, a brake below $ 0.14 can immerse this pair up to $ 0.10.
Cardano value prediction
Cardano (ADA) On May 30, the 50-day SMA ($ 0.71) fell below, indicating profit to Beers.
Bulls are trying to protect the level of $ 0.64, but fails to start a solid rebound increases the risk of breakdown. If this happens, the ADA/USDT pair can land for solid support at $ 0.60.
Relief rally efforts lead to sales in 20-day EMA ($ 0.72). Buyers have to pursue and maintain the price above the neckline to suggest a return. The pair can then climb $ 0.86 and later to $ 1.01.
Exaggerated value prediction
Hyperlicid (Hyp) bounced the 20-day EMA ($ 31.17) on 1 June, but bulls are struggling to maintain speed.
Buyers will have to advance the price above $ 35.73 for signal strength. It opens the doors for a rally by $ 40 and then by $ 42.25. The sellers will try to stop UP’s move at $ 42.25, but if the bulls prevail, the promotion/USDT pair may increase to $ 50.
Conversely, if the price decreases and breaks below the 20-day EMA, it indicates that every minor rally is being sold. The pair can slide up to $ 28.50, where buyers are expected to step into.
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.
