Key points:
- Bitcoin is at a critical juncture, as a close below $76,000 may deepen the pullback toward $70,000.
- HYPE and ZEC are in an up move, but most other major altcoins are struggling to find support.
Bitcoin (BTC) has risen above $77,500, but the recovery is expected to face resistance in the $78,500-$82,000 range. The net outflows of $979.7 million from spot BTC exchange-traded funds this week, according to Fireside Investors data, suggest that investors have turned cautious in the near term.
Crypto analyst Ardi said in a post on X that the next retest of the $74,000 to $75,000 zone may be the most important test of this entire bear market. The zone is important because it acted as stiff resistance in 2024 and then flipped into support during the retest in 2025. A break below the support zone may “expose the market to a much deeper rotation back toward the bear market lows.”
Crypto market data daily view. Source: TradingView
Although BTC appears weak in the near term, analysts do not anticipate a sharp decline. CryptoQuant analyst Sunny Mom said in a recent QuickTake analysis that if BTC holds the $70,700 level, it is likely to consolidate in the $70,000 to $82,000 range “to burn time and digest the supply.”
Could BTC and the major altcoins start a strong recovery? Let’s analyze the charts of the top 10 cryptocurrencies to find out.
Bitcoin price prediction
BTC is attempting a bounce off the breakout level at $76,000, indicating that the bulls are striving to turn it into support.
BTC/USDT daily chart. Source: Cointelegraph/TradingView
Sellers are unlikely to give up easily and may vigorously defend the 20-day exponential moving average ($78,484). If the BTC price turns down sharply from the 20-day EMA, it increases the risk of a break below $76,000. If that happens, the BTC/USDT pair may plunge to the support line.
Contrarily, a close above the 20-day EMA signals demand at lower levels. The bulls will then endeavor to push the pair to the overhead resistance at $84,000. This is a critical level for the bears to defend, as a close above it clears the path for a rally toward $97,924.
Ether price prediction
Ether (ETH) fell below the support line of the ascending channel pattern on Sunday, but the bears have not been able to capitalize on the breakdown.
ETH/USDT daily chart. Source: Cointelegraph/TradingView
The bulls are striving to push the ETH price back into the channel. If they succeed, the next hurdle is likely to be at the moving averages. If the price turns sharply down relative to the moving averages, the risk of a drop to $1,916 increases.
Alternatively, a close above the moving averages suggests that the market has rejected the break below the support line. The ETH/USDT pair may then rally to $2,465, then to the resistance line.
BNB price prediction
BNB (BNB) is attempting to find support at the 50-day SMA ($629), indicating a lack of aggressive selling at lower levels.
BNB/USDT daily chart. Source: Cointelegraph/TradingView
If the price closes above the 20-day EMA ($648), the bulls will again strive to push the BNB/USDT pair to the $687 resistance. Sellers are expected to aggressively defend the level, as a close above it may push the BNB price to $730 and, after that, to $790. That indicates the pair may have bottomed out in the short term.
Instead, if the price turns down and breaks below the 50-day SMA, it suggests the pair may remain within the $570 to $687 range for some time.
XRP price prediction
XRP (XRP) closed below the 50-day SMA ($1.39) on Monday, but a minor positive is that the bulls have not let the price dip to $1.27.
XRP/USDT daily chart. Source: Cointelegraph/TradingView
Buyers will have to achieve a close above the downtrend line to signal a comeback. The XRP/USDT pair may then move higher toward the $1.61 level, where bears are expected to step in. A close above the $1.61 resistance signals a potential trend change. The XRP price may then rally to $2 and later to $2.40.
On the contrary, if the price continues lower and or turns down from the downtrend line, it suggests that the bears remain in control. That increases the risk of a break below the $1.27 support. If that happens, the pair may plummet to $1.11.
Solana price prediction
Solana (SOL) has held above the $82.65 support over the past few days, but bulls are struggling to trigger a strong rebound.
SOL/USDT daily chart. Source: Cointelegraph/TradingView
The 20-day EMA ($87.93) has begun to turn lower, and the RSI is in negative territory, indicating a slight advantage for bears. If the SOL price turns sharply down from the 20-day EMA, the likelihood of a break below $82.65 increases. The SOL/USDT pair may then descend to the $76 support.
Buyers are likely to have other plans. They will attempt to push the price above the 20-day EMA and the $91 resistance. If they do that, the pair may reach the $98 level.
Dogecoin price prediction
Dogecoin (DOGE) has been stuck in the $0.09-$0.12 range, suggesting buying on dips and selling on…
cointelegraph.com