Key points:
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Bitcoin has broken below the psychological support at $100,000, opening the gates for a potential sell-off to $87,800.
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Several major altcoins are approaching their support levels but have failed to bounce with strength, increasing the risk of a breakdown.
Bitcoin (BTC) appears weak in the near term as bears pull the price further below the psychological level at $100,000. BTC’s persistent weakness pulled the Crypto Fear & Greed Index into the “extreme fear” category with a score of 15//100 on Thursday, its lowest level since early March.
Bitwise chief investment officer Matt Hougan said to Cointelegraph that had BTC rallied sharply into the end of 2025 and followed it up with a pullback, it would have fit the four-year-cycle thesis. The failure to do so sets up BTC for a good year in 2026, buoyed by positive underlying fundamentals.
Another bullish projection came from Santiment, which said in a post on X that the crowd turning negative on BTC suggests the point of capitulation is nearing. An “unexpected November rally” could happen as stronger hands scoop up the cryptocurrencies sold by weaker hands. It added that it was “not a matter of if, but when this will next happen.”
How far lower could BTC and the major altcoins fall? Let’s analyze the charts of the top 10 cryptocurrencies to find out.
Bitcoin price prediction
Sellers are attempting to seize control by sustaining BTC below the psychological support of $100,000.
The downsloping 20-day exponential moving average ($104,850) and the relative strength index (RSI) near the oversold territory indicate that the path of least resistance is to the downside. Any recovery attempt is likely to face selling at the breakdown level of $100,000. If the price drops below $100,000, it signals that the bears have flipped the level into resistance. That suggests the resumption of the downtrend.
There is support at $92,000, but that could be broken. The BTC/USDT pair may then descend to $87,800. Buyers will have to push the price above $107,000 to indicate a potential trend change.
Ether price prediction
The failure of the bulls to push Ether (ETH) above the 20-day EMA ($3,567) attracted sellers on Thursday, pulling the price below the $3,350 support.
Sellers will strive to build upon their advantage by dragging the Ether price below the $3,050 support. If they can pull it off, the selling may accelerate and the ETH/USDT pair could plunge toward $2,500.
The bulls will have to push and maintain the price above the 20-day EMA to signal strength. The pair may then climb to the 50-day simple moving average ($3,930), where the bears are expected to step in.
XRP price prediction
Buyers again attempted to drive XRP (XRP) above the 50-day SMA ($2.56) on Thursday, but the bears held their ground.
The XRP/USDT pair could challenge the $2.06 support, which is at risk of breaking down. If that happens, the XRP price may plummet to $1.90 and thereafter to the crucial support at $1.61.
Any recovery attempt is expected to face selling at the 50-day SMA and then at the downtrend line. A close above the downtrend line signals that the bulls are back in the driver’s seat. The pair may then ascend to $3.20.
BNB price prediction
BNB (BNB) has been gradually dropping toward the $860 level, which is a critical near-term support level to watch.
The downsloping 20-day EMA ($1,004) and the RSI near the oversold zone suggest that the BNB/USDT pair risks a break below $860. If that happens, the BNB price could tumble toward $730.
Instead, if the price turns up sharply from $860 and breaks above the 20-day EMA, it points to a possible range formation. The pair could swing inside the large range between $860 and $1,183 for a while.
Solana price prediction
Solana (SOL) closed below the $155 level on Wednesday and extended the decline below the $145 support on Thursday.
There is minor support at $137, but it is likely to be broken. If that happens, the SOL/USDT pair could nosedive to $126 and eventually to the solid support at $110, where buyers are expected to step in.
The 20-day EMA ($166) remains the key overhead resistance level to watch out for. Buyers will have to pierce the 20-day EMA to signal a comeback. The Solana price could then rally to the 50-day SMA ($191).
Dogecoin price prediction
Dogecoin (DOGE) has been gradually sliding toward the lower end of the $0.14 to $0.29 range, indicating that selling pressure remains intact.
Buyers are expected to fiercely defend the $0.14 support, as a break below it could start a new downtrend toward the Oct. 10 low of $0.10.
Buyers have an…
cointelegraph.com