key points:
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The purpose of bitcoin is closer to its highest weekly than $ 109,000, but is likely to attract high level vendors.
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If the price of bitcoin is above $ 105,000, hype, BCH, links and SEIs can expand their rallies.
Bitcoin (BTC) This week a solid return, increased by more than 6%, indicating strong purchases near the level of $ 100,000. Bulls are trying to strengthen their profit by maintaining a price above $ 108,000. Popular merchant and analyst Racket Capital said in a post on X If Bitcoin receives its highest weekly close“Will enable bitcoin to enjoy a new uptrend at a high level of all time.”
However, it is worth noting that the liquidity is usually low during the weekend, and a breakout must be carefully viewed. The sellers will return on Monday and try to keep the price within the range of $ 100,000 to $ 111,980.
The strength of bitcoin has triggered purchases in many altcoins, which has bounced their respective support levels. If bitcoin hits a new all-time high, Altcoins will try to expand their relief rally by breaking above their overhead resistance levels.
Let’s study the top 5 cryptocurrency charts that look strong on the chart and detect their significant support and resistance levels.
Bitcoin value prediction
Bitcoin is trading between the moving average and the downtrend line. Buyers tried to pursue the price above the downtrend line, but the bear captured his land.
The moving average is slowly sloping, and the relative power index (RSI) is in the positive field, indicating that the bull has a slight increase. If the bulls increase the price above the downtrend line, the BTC/USDT pair can jump to $ 110,530 and later to $ 111,980.
Vendors are expected to present a strong challenge in the zone between the downtrend line and the neckline of the inverted head-and-shoulder pattern. However, if the buyers bulldes in their own way, the pair can touch the sky towards $ 150,492.
This optimistic approach will be rejected in the near period if the price falls below the downtrend line and breaks below the moving average. It opens the doors to fall to $ 102,500 and then to $ 100,000.
The pair jumped from 20-Fatal moving average, but Bulls could not clean the overhead barrier on the downtrend line. If the price is low and breaks below 20-Ema, it suggests that the bulls are losing their grip. The pair can then skid for a 50-percent moving average, which is an important level to look out. A brake below the 50-SMA can accelerate sales, pulling the pair towards $ 100,000.
On the contrary, bulls will have to push and maintain the price above the downtrend line for signal strength.
Exaggerated value prediction
Hyperlicid (Hyp) slipped below the 20-day EMA ($ 37.14) on Thursday, but the bears could not maintain the lower level. It shows by buying on every minor dip.
Bulls on Saturday pushed the price above the 20-day EMA back. There is resistance at $ 39.12, but if the bulls cross the barrier, the promotion/USDT pair may move towards $ 42.50. Buyers are expected to withstand significant resistance in the field $ 42.50 to $ 45.80.
Conversely, if the price decreases and the skids below the 20-day EMA, it indicates that beer is active at high levels. The pair can then slip on the 50-day SMA ($ 34.42). A break and close below the 50-day SMA can sink the pair to $ 30.69.
The pair got support in 50-SMA, and bulls are trying to pursue the price above $ 39.12. If they manage to do so, the pair can climb $ 41 and then be $ 42.50.
The first support on the negative side is 20-EMA and then 50-SMA. A brake under the moving average signals weakens the speed of the speed. The pair can be at $ 33.25 and later at $ 30.69 for concrete support.
Bitcoin cash price prediction
Bitcoin Cash (BCH) $ 500 is facing selling, but a positive indication is that the bulls have not given much land to the bear.
RSI in the appreciation moving averages and positive zones suggest that bulls are under control. This increases the chances of brakes above $ 500. If this happens, the BCH/USDT pair may increase to $ 550. The sellers will try to stop the rally at $ 550, but if the bulls prevail, the pair can reach $ 625.
The first support on the negative side is on the 20-day EMA ($ 464) and then the 50-day SMA ($ 430). The 50-day SMA is a break under the signals that are back in the beer game.
Bulls are trying to maintain a price above 20-EMA on a 4-hour chart. If they succeed, the pair may once again rise above $ 500 resistance. UP move can raise steam above $ 511.
Conversely, if the price breaks and maintains under the 20-EMA, it suggests that bulls are booking profits. This can immerse the pair into a 50-SMA, where there is a possibility of stepping into the bull.
Connected: What happened today in Crypto
Chainlink price prediction
chain link (Add) For the past few days, they have been clinging to the 20-day EMA ($ 13.27), showing that the bulls have maintained their pressure.
If the price breaks and maintains over the 20-day EMA, the link/USDT pair can grow to a 50-day SMA ($ 14.43). Vendors are expected to defend the 50-day SMA, as a break above it indicates a possible tendency change. The pair can then climb to $ 18.
Instead, if the price decreases rapidly from the current level or 50-day SMA, it suggests that bears are selling on rallies. The brake below $ 12.73 can place the pair inside the descending channel for some more time.
Bulls are trying to pursue the price on the resistance line, but bears are aggressively defending a level of $ 13.50. If the price decreases and breaks below the 20-EMA, it suggests a lack of demand at a higher level. The pair can then land up to 50-SMA.
In contrast, a sharp reversal from 20-EMA indicates a positive feeling. This pair can increase to the resistance line, which is an important level to look out. If the price rises above the resistance line, the pair can march towards $ 15.50.
Cero value prediction
SEI (Sai) On Monday, after exiting the 50-day SMA ($ 0.21), the speed was picked up and rises above the $ 0.29 resistance on Tuesday.
However, buyers could not maintain high levels, and drowned the price below the level of $ 0.29 on Wednesday. A positive indication in favor of the bulls is that they pushed the price above the level of $ 0.29. The 20-day EMA ($ 0.23) has begun to turn on, and the RSI is in the positive field, indicating that the least resistance is the reverse. The SEI/USDT pair may increase to $ 0.35 and later $ 0.43.
This positive attitude will be invalid in the near period if the price decreases and breaks down the 20-day EMA. It can pull the pair to $ 0.19 and later to $ 0.15.
Both moving averages are sloping, and the RSI is in the positive field, which indicates profit to buyers. If the price remains above $ 0.30, the pair can rally up to $ 0.33.
Vendors are likely to have other schemes. They will try to draw the price under 20-Ema. If they manage to do so, the pair can slide $ 0.27 and later up to 50-SMA. Buyers are expected to strictly defend the 50-SMA as a deep pullback can delay in re-starting.
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.