Key points:
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Bitcoin’s shallow pullback from the $76,000 resistance suggests that buyers are holding onto their positions, expecting the recovery to continue.
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Select major altcoins are showing strength and are expected to break above their overhead resistance levels.
Bitcoin (BTC) pulled back after crossing the $76,000 level on Tuesday, but a positive sign is that bulls have not let the price dip below $73,500. That suggests the bulls are holding their positions as they expect the overhead resistance to be broken.
Another encouraging indication for the bulls is that BTC’s move toward $76,000 has been supported by $411.5 million in inflows into US spot BTC exchange-traded funds on Tuesday, according to SoSoValue data. That pushes the total net flows for 2026 into the positive territory at roughly $245 million.
While some analysts believe the bottom has been reached at $60,000, others remain skeptical. They anticipate BTC to collapse below $60,000 to as low as $50,000 before finally bottoming out.
Trend reversals could be tricky, but traders should be nimble when they spot one. Maintaining a negative view when the charts are screaming bullish is a recipe for disaster.
Could BTC and select major altcoins break above their overhead resistance levels? Let’s analyze the charts of the top 10 cryptocurrencies to find out.
Bitcoin price prediction
BTC turned up from the 20-day exponential moving average ($71,116) on Monday and reached the $76,000 resistance on Tuesday.
Sellers are expected to protect the $76,000 level with all their might, as a close above it will complete a bullish ascending triangle pattern. That clears the path for a rally to the $84,000 level.
Conversely, any pullback is expected to find support at the 20-day EMA. If the BTC price rebounds off the 20-day EMA with force, it suggests a positive sentiment. That enhances the prospects of a break above the $76,000 resistance. Sellers will be back in control on a close below the support line of the triangle.
Ether price prediction
Ether (ETH) is facing resistance at $2,415, but a positive sign is that the bulls have not ceded much ground to the bears.
The prospects of a break above the $2,415 level increase if the ETH price turns up from the current level or the 20-day EMA ($2,198). The ETH/USDT pair may then surge to $2,800 and then to $3,050.
Sellers have an uphill task ahead of them. They will have to quickly pull the price below the moving averages to weaken the bullish momentum. The pair may then decline to the $1,916 support.
XRP price prediction
Buyers are struggling to drive XRP (XRP) above the 50-day simple moving average ($1.37), indicating that the bears are active at higher levels.
If the price turns down and dips below the 20-day EMA ($1.35), it may signal that the XRP/USDT pair consolidates between the 50-day SMA and $1.27 support for a few days. A break and close below the $1.27 level tilts the advantage in favor of the bears.
Contrarily, a close above the 50-day SMA signals the start of a sustained recovery toward the downtrend line of the descending channel pattern. Buyers will be back in the driver’s seat on a close above the downtrend line.
BNB price prediction
BNB (BNB) reached the 50-day SMA ($626) on Tuesday, where the bears are posing a strong challenge.
If bulls do not give up much ground from the current level, the possibility of a break above the 50-day SMA increases. The BNB/USDT pair may then rally to the $687 overhead resistance. Buyers will have to overcome the $687 barrier to clear the path for a rally to $730, then to $790.
On the downside, a close below the $570 support signals that the bears have seized control. The pair may then start the next leg of the downtrend toward $500.
Solana price prediction
Solana’s (SOL) failure to rise above the 50-day SMA ($85) suggests that the bears are fiercely guarding the level.
The flattish moving averages and the relative strength index (RSI) near the midpoint do not provide a clear advantage to either the bulls or the bears. That suggests the SOL/USDT pair may continue consolidating within the $76 to $98 range for a while.
The next trending move is expected to begin on a close above $98 or below $76. If the SOL price turns down and breaks below $76, it indicates an advantage to bears. The pair may then drop to $67. On the upside, a close above $98 opens the doors for a rally to $117.
Dogecoin price prediction
Dogecoin (DOGE) broke above the moving averages on Tuesday, but the long wick on the candlestick shows selling on rallies.
If the price dips below the moving averages, the bears will attempt to sink the…
cointelegraph.com