Key points:
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Bitcoin slipped below $ 109,588, but the technical graphics suggest that traders buy each drop.
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An excessive lever effect in term contracts on Bitcoin increases the risk of rapid correction.
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Select Altcoins refused their levels of resistance to respective general costs, indicating that bears remain sellers during gatherings.
The sellers fired Bitcoin (BTC) Back below the $ 109,588 escape level, but the lower levels are likely to attract buyers. The interest of investors remains solid, with the funds negotiated in exchange American American control $ 934 million entries on May 22 And $ 608 million on May 21, according to Sosovalue data.
Glassnode noted that the level of all time above $ 109,588 had led to a total For profit volume of around 1 billion dollarsMuch more silent than $ 2 billion when the price exceeded $ 100,000 in December. This shows that investors expect the UP’s decision to continue.
Veteran merchant Peter Brandt said in an article on X that Bitcoin was on the target To reach between $ 125,000 and $ 150,000 At the end of August.
A strong rally attracts speculators who take care of the lever effect. Co -Corkends data show that Bitcoin Futures Open Interest Rose Just over $ 80 billion on May 23. An excessive lever effect increases the risk of forced liquidation when prices attend a lively withdrawal. Therefore, traders should be cautious.
What are the levels of critical support for Bitcoin and Altcoins? Let’s analyze the graphics of the 10 best cryptocurrencies to discover it.
Bitcoin price prediction
Sellers try to maintain the price below the derivation level of $ 109,588, which can trap the aggressive bulls. This could derive the price of the 20 -day exponential mobile average ($ 103,652).
A solid rebound on the 20 -day EMA suggests that the feeling remains positive and that traders buy drops. The Bulls will then try to resume the upward trend by pushing the price more than $ 111,980. If they can remove it, the BTC / USDT pair could rush towards the target target of $ 130,000.
The first sign of weakness will be a break below the 20 -day EMA. This erases the path for a drop at the psychologically crucial level of $ 100,000. Buyers should fiercely defend the level of $ 100,000 because a break below could flow the pair with the 50 -day simple mobile average ($ 94,001).
Ether price prediction
Ether (Ethn) Rejected the resistance of $ 2,738, indicating that bears vigorously defend the level.
The ETH / USDT pair could go to the 20 -day EMA ($ 2,388), which is vital support to keep an eye on. If the price bounces from the 20 -day EMA with force, the Bulls will again try to erase the obstacle of $ 2,738. If they do this, the pair could go up to $ 3,000. There is resistance at $ 2,850, but it is probably crossed.
This positive point of view will be invalidated in the short term if the price continues to fall and breaks below the 20 -day EMA. The pair could dive at $ 2,323, then at $ 2,111.
XRP price prediction
XRP (Xrp) Stay stuck inside the fork from $ 2.65 to $ 2, indicating a balance between supply and demand.
The 20 -day EMA ($ 2.35) is flattened, and the RSI is near the median point, suggesting that the XRP / USDT pair can extend its stay inside the range for a few more days.
A break and a closure greater than $ 2.65 will complement a Haussier reverse head and shoulder model, which has a target target of $ 3.70. Alternatively, a break below $ 2 level suggests that the Bears have mastered the bulls. This increases the probability of a drop to $ 1.60 and then $ 1.27.
Price prediction BNB
BNB (Bnb) fell sharply from the resistance of $ 693 on May 23, reporting an aggressive sale by the Bears.
The BNB / USDT pair rebounded on the 20 -day EMA ($ 647), as shown in the long tail on the candlestick. This shows solid purchases at lower levels. The Bulls will try again to push the price above $ 693. If they manage to do so, the pair could soar in the resistance zone from $ 732 to $ 761.
Instead, if the price decreases and breaks below the 20 -day EMA, this suggests that the Bulls reserve profits. The pair can then fall from the 50 -day SMA ($ 612).
Solana price prediction
Solana (GROUND) climbed above the resistance of $ 180 on May 23, but the Bears pose a strong challenge at $ 185.
The EMA of 20 days high -end ($ 167) and the RSI in the positive zone indicate that the path of the slightest resistance is upwards. If buyers maintain the price of more than $ 185, the ground / USDT pair could come together at $ 210 and later at $ 220.
Unlike this hypothesis, if the price drops and breaks below the 20 -day EMA, this suggests that the bulls rush to the exit. This increases the risk of falling SMA by 50 days ($ 147).
Dogecoin price prediction
Dogecoin (DOGE) Rejected resistance to general costs of $ 0.26 on May 23, indicating that bears fiercely defend the level.
The DOGE / USDT pair could go down to the 20 -day EMA ($ 0.21), which is an important support to monitor. A solid rebound on the 20 -day EMA indicates a positive feeling, improving the prospect of a rupture greater than $ 0.26. If this happens, the pair could come together at $ 0.35. There is resistance at $ 0.29, but it is probably crossed.
This optimistic view will be invalidated in the short term if the price drops and breaks below $ 0.21. This suggests a possible action linked to the beach between $ 0.14 and $ 0.26.
Cardano price prediction
Cardano (ADA) Rebounded on the neckline of the reverse H&S pattern, but the Bulls could not erase the air obstacle at $ 0.86.
If the price continues lower and breaks below the neckline, it shows that bears are active at higher levels. The ADA / USDT pair could go to SMA of 50 days ($ 0.69) and later to a solid support at $ 0.60.
On the contrary, a solid rebound on the 20 -day EMA ($ 0.75) shows demand at lower levels. The Bulls will then try to give a boost above $ 0.86. If they succeed, the pair could go up to $ 1.01.
In relation: Has the new summit of all time in Bitcoin asked the traders: is the BTC overheated at $ 111,000?
SUD price prediction
Buyers failed to push SU (Sui) Above the resistance to general costs of $ 4.25 on May 22, indicating that bears aggressively defend the level.
The repeated absence of crossing the level of $ 4.25 may have tried short -term buyers to reserve profits. This pulled the price below the 20 -day EMA ($ 3.73). If the price is maintained below the 20 -day EMA, the SUI / USDT pair could fall from the 50 -day SMA ($ 3.09).
On the contrary, if the price is revealed compared to the 20 -day EMA and exceeds $ 4.25, this indicates the resumption of the UP movement. The pair could climb $ 5 and finally $ 5.37, where bears should intervene.
Hyperliquid price prediction
The hyperliquid (hype) climbed above the resistance to the rigid general costs of $ 28.50 on May 22, indicating the start of the next leg of the UP movement.
The Bulls pushed the price above the resistance of $ 35.73 on May 23, but the long wick on the candlestick shows that the bears are trying to defend the level. If buyers do not give in a lot of land to the bears, the media / USDT threshing pair could reach $ 42.25.
Time is exhausted for bears. If they want to return, they will have to quickly bring the price below the 20 -day EMA ($ 26.32). This indicates that the pair has formed a local summit nearly $ 37.59.
Online price prediction
Chaainlink (LINK) closed above the resistance line of the canal model descending on May 22, but the bulls have trouble maintaining the momentum.
The Bears are trying to withdraw the price in the downhill canal. If the price slips under the neckline, he suggests that the rupture above the resistance line can be a bull trap. The Link / USDT pair could flow at $ 13.20, keeping the price stuck inside the channel for a little more time.
Conversely, a solid rebound on the resistance line indicates that the bulls try to switch the level in support. The pair could reach $ 18 and subsequently at $ 19.80.
This article does not contain investment advice or recommendations. Each investment and negotiation movement involves risks and readers should conduct their own research when they make a decision.