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The Bitcoin rally at $ 105,980 has traders predicting new heights of all time this week.
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Merchants raise their end -of -year bitcoin price objectives to $ 200,000 depending on technical factors and the adoption of institutional investors.
Bitcoin (BTC) has been stuck in a narrow range in recent days, but the rally greater than $ 105,500 on May 18 increases the possibility of an upward escape. Popular merchant Alan said in an article on X that Bitcoin could go up to $ 116,000 at the start of next week.
Another optimistic voice was that of the director of chief investments of Bitwise Matt Hougan. While speaking at Cointelegraph, Hougan said that a tender shock due to the increase in institutional demand could propel Bitcoin to $ 200,000 by the end of 2025. It expects the seller’s exhaustion to occur at $ 100,000.
Although Bitcoin remains strong, some analysts focus on altcoins because they believe that an Altcoin season could be at us. Crypto analyst Javon Marks said in an article on X that Altcoins, excluding Ether (ETH), could “deliver one of their most powerful races since 2017!”
Could Bitcoin and Altcoins continue their movement above? Let’s look at the cryptocurrencies that show force on the graphics.
Bitcoin price prediction
Bitcoin remains stuck in a range, but the Bulls try to overcome resistance to general costs at $ 105,820.
The two mobile averages are sloping and the relative resistance index (RSI) is in the excessive area, indicating that buyers hold the edge. A break and a closure greater than $ 105,820 increases the probability of a retest of $ 109,588. The sellers will try to defend the resistance of $ 109,588, but if the Bulls prevail, the BTC / USDT pair could soar $ 130,000.
Alternatively, a net drop less than $ 100,000 indicates that bears took control. This can attempt several short -term bulls to reserve profits, pulling the pair towards the 50 -day single mobile average ($ 91,447).
The pair came out of the symmetrical triangle pattern on the 4 -hour table, indicating that buyers control. There is resistance at $ 105,820, but it is probably crossed. If this happens, the pair could walk towards the top of all time of $ 109,588 and thereafter to the model target of $ 110,922.
Sellers are likely to have other plans. They will try to withdraw the price in the triangle. If this happens, aggressive bulls can be trapped, pulling the pair at $ 100,000. If this level also cracks, the drop could extend to the target target of $ 95,616.
Ether price prediction
Ether fell below the $ 2,550 escape level, but the Bears are struggling to maintain the lower levels.
The exponential average of 20 days high -end ($ 2,275) and the RSI near the Surbouillit area suggest that the slightest resistance path is up. If the price ends above $ 2,550, the Bulls will try to strengthen their position by pushing the ETH / USDT pair over $ 2,739. If they manage to do so, the pair could reach $ 3,000.
The first sign of weakness will be a break below the level of $ 2,400. This could draw the pair towards the 20 -day EMA, which is a critical level to monitor. A break below the 20 -day EMA suggests that the Bulls lose their grip.
The Bulls pushed the price above the mobile averages, indicating demand at lower levels. If buyers pierce the downward trend line, the UP movement could reach $ 2,739. A break and a closure above $ 2,739 could resume the upward trend.
Unlike this hypothesis, if the price drops from the downline line and breaks down below $ 2,400, it indicates that the bulls rush to the exit. This could start a deeper correction at $ 2,270, then at $ 2,111.
Hyperliquid price prediction
The hyperliquid (hype) faces resistance at $ 28.50, but a positive sign is that the bulls have not given up a lot of ground to the bears.
The displaced sliding averages and the RSI in the Surachat area indicate that buyers are in control. A break and a closure above $ 28.50 could catapult the pier of media / USDT threshing around $ 35.73.
If the price drops sharply by $ 28.50, it indicates that bears aggressively defend the level. The pair could then slide towards the 20 -day EMA ($ 23.52), which is likely to attract buyers. If the price bounces from the 20 -day EMA, the Bulls will endeavor to release resistance to general costs.
The pair finds a support at the 50-SMA on the 4-hour table, indicating the purchase on the hollows. The Bulls will try to strengthen their position by pushing the price higher at the level of $ 28.50. If they do this, the pair could come together at $ 31.33.
Instead, if the price drops and breaks below the 50-SMA, this implies that the Bulls reserve profits in a hurry. This could run the pair at $ 24 and later at solid support at $ 23.
In relation: Here is what happened in the crypto today
Monero price prediction
Monero (XMR) rallied strongly to $ 353 on May 12, against $ 262 on May 4, indicating aggressive purchases by the Bulls.
The shallow withdrawal of the last days shows that the bulls are hung on their positions because they anticipate another higher leg. If the price continues more and exceeds $ 353, the XMR / USDT pair could soar $ 391, then to the target target of $ 422.
Immediate support for the decline is $ 331. A break and a closure below $ 331 could attract the 20 -day EMA pair ($ 308). If the price bounces from the 20 -day EMA, the Bulls will again try to resume the upward trend.
The pair finds support in the 50-SMA, but the Bulls find it difficult to push the price above the resistance to general costs at $ 353. If the price drops and breaks below the 50-SMA, the pair could start a deeper correction at $ 317, then at $ 300.
On the contrary, a break and a closure of more than $ 353 indicates the recovery of the upward trend. The pair could walk around $ 391, where bears should intervene.
Price prediction
Aave (Aave) is faced with the resistance at $ 240, but a positive sign is that the Bulls did not allow the price to go to the EMA of 20 days ($ 206). This suggests buying each minor dip.
If the price ends above $ 240, the Aave / USDT pair could start the next step in the UP movement. The pair could reach $ 280, which could act as resistance, but if the Bulls persist, the next stop could be $ 300.
Sellers will have to slide the price below the 20 -day EMA to prevent the increase. If they can remove it, the pair could go to crucial support at $ 196. Buyers should vigorously defend the level of $ 196.
The pair has been consolidated between $ 217 and $ 240 for some time. The 20 EMA began to introduce itself and the RSI increased in the positive area, signaling an advantage for buyers. A break and a closure above $ 240 could lead the pair to $ 267.
On the other hand, if the price decreases by $ 240, this suggests that the Bears fiercely defend the level. This could keep the pair stuck between $ 240 and $ 217 for a while. Sellers will have to pull the price of less than $ 217 to report a return.
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.
