Key points:
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Bitcoin tightening beach trading indicates a possible beach extension in the coming days.
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Selecting altcoins are also faced with a sale pressure, but remain above their short-term support levels.
Bitcoin (BTC) continues to sell $ 120,000, but the repeated retain of a resistance level tends to weaken it. If buyers do not give up much land to the bears, this improves BTC’s prospects reaching a new record greater than $ 123,218.
FUNDSTRAT research manager Tom Lee said in an interview with CNBC that BTC could increase $ 250,000 to $ 250,000 in the coming months. At this price, Lee thinks that BTC would be valued at 25% of the size of the gold market.
The consolidation of the BTC seems to have prompted investors to ether (ETH), which charges above. The funds negotiated on spots in the 16 -day entry sequence, passing the cumulative net entries of $ 4.25 billion on July 2 to $ 9.33 billion on Friday.
Could the BTC break above the resistance to general costs, or will it remain in a beach? Select Altcoins to continue their solid race? Let’s analyze the graphics of the 10 best cryptocurrencies to discover it.
Price prediction of the S&P 500 index
The S&P 500 index (SPX) continued its march towards the target target of 6,500, indicating a sustained demand at higher levels.
The high -end mobile averages point out that the bulls remain in control, but the level of overcouting on the relative force index (RSI) suggests that the rally can be overheated. This increases the risk of consolidation or possible correction in the short term.
If the price drops but bounces the simple 20 -day mobile average (6,283), this indicates that the feeling remains positive. This increases the probability of a gathering to 6,500. Sellers will have to pull the price below the SMA of 50 days (6,099) to win the upper hand.
Price prediction of the US dollar index
The US dollar index (DXY) is trying to maintain above the 50-day SMA (97.68), indicating that the bulls are trying to form a lower.
If they succeed, the index could go up to 100.54 then at level 102. The sellers should pose a strong challenge at 102.
On the contrary, non-compliance with the price above the 50-day SMA indicates that the bears remain in control. The Bears will then try to strengthen their position by pulling the price below 97.10. If they manage to do so, the index risks a new test of the crucial support at 96.37.
Bitcoin price prediction
BTC slipped below the 20 -day SMA ($ 117,867) Friday, but the long tail on the candlestick shows solid purchases at lower levels.
Bulls try to drive the BTC / USDT pair above the resistance area from $ 120,000 to $ 123,218. If they manage to do so, the pair is likely to accelerate around $ 135,728 and later to the model of $ 150,000.
Time is exhausted for bears. If they want to make a return, they will have to quickly pull the price below the support of $ 110,530. This can trap aggressive bulls, resulting in long liquidation. The pair can then tumble to psychological support at $ 100,000.
Ether price prediction
The ether jumped above the resistance of $ 3,745 on Sunday, but the Bulls find it difficult to keep the upper levels.
Sellers will try to lower the price below $ 3,745. If they manage to do so, the ETH / USDT pair could drop to the 20 -day SMA ($ 3,423). Buyers should defend the 20 -day SMA because a break below indicates the start of a deeper correction.
Conversely, if the price bounces from the level of $ 3,745 or the 20 -day SMA with force, this indicates the purchase on the hollow. The Bulls will then try to drive the pair at $ 4,094. If the level of $ 4,094 is removed, the pair could soar around $ 4,868.
XRP price prediction
The removal of XRP (XRP) of $ 3.66 found a 20 -day SMA support ($ 3.10) Thursday, indicating the purchase on the hollows.
The Bulls tried to push the price to $ 3.66 but faced a significant resistance of bears. If the price continues lower and breaks below the 20 -day SMA, it suggests the start of a deeper correction. The XRP / USDT pair can drop to $ 3 and later to $ 2.80.
On the contrary, if the price bounces from 20 days SMA, it indicates that the bulls fiercely defend the level. The pair could then get back to $ 3.66. A break and a closure above $ 3.66 could catapult the pair at $ 4 and, after that, at $ 4.86.
Price prediction BNB
BNB (BNB) went from $ 809 on Wednesday, but the Bears could not maintain the price of less than $ 761. This suggests that the Bulls have overturned the level in support.
Buyers pushed the price above $ 809 on Sunday, starting the next step in the upward trend. The BNB / USDT pair could operate around $ 900 and subsequently at the psychological level of $ 1,000.
Although the trend remains upwards, the level deeply exaggerated on the RSI suggests that the rally is due for a short -term consolidation or correction. The first sign of weakness will be a break and close below $ 793. This suggests a profit book at higher levels. The pair can then drop to $ 761, where buyers should intervene.
Solana price prediction
The removal of Solana (soil) of $ 209 Wednesday blocked the 20 -day SMA ($ 176) on Friday, indicating the request at lower levels.
Bulls try to push the price at $ 209 but face the sale at higher levels. If the buyers overcome the barrier at $ 209, the ground / USDT pair could go back to $ 240 and possibly $ 260. There is a minor resistance at $ 220, but it is likely to be crossed.
This positive point of view will be invalidated in the short term if the price drops and breaks below the 20 -day SMA. The pair can then descend to SMA of 50 days ($ 160). This indicates a possible action linked to the beach between $ 110 and $ 209.
In relation: XRP price at $ 4 Then? “ The most profitable phase ” probably here, says the analyst
Dogecoin price prediction
Friday, Dogecoin (Doge) came compared to the 20 -day SMA ($ 0.22), indicating demand at lower levels.
The rescue rally is faced with a sale nearly $ 0.26, which indicates that bears are active at higher levels. If the price falls below the 20 -day SMA, the Doge / USDT pair can remain inside the large range from $ 0.14 to $ 0.29 for a few more days.
Buyers will have to propel the price of more than $ 0.29 to take control. If they manage to do so, the pair could start a new move to $ 0.35, then to the model target of $ 0.44.
Cardano price prediction
The rebound of Cardano (ADA) on the 20 -day SMA ($ 0.78) faces the sale of general costs of $ 0.86.
The high -end 20 -day SMA and the RSI on the positive territory indicate an advantage to the bulls. A break greater than 0.86 could push the ADA / USDT pair to $ 0.94. Sellers will try to stop the UP movement at $ 0.94, but if the Bulls prevail, the pair could rise to $ 1.02, then to $ 1.17.
The short -term advantage will bow in favor of bears if the price continues lower and falls below the 20 -day SMA. This suggests rewards on gatherings. The pair can then decrease in SMA by 50 days ($ 0.67).
Hyperliquid price prediction
Friday, the hyperliquid (hype) rebounded the support line of the ascending channel model, indicating the purchase on the hollows.
There is a 20 -day SMA resistance ($ 45.06), but if the Bulls overcome it, the media / USDT threshing pair could reach $ 48 and then $ 50. Sellers are expected to set up a solid defense at $ 50.
Conversely, if the price decreases compared to the 20 -day SMA, the Bears will try to pull the pair under the support line. If they succeed, the pair can start a deeper correction around $ 36, then $ 32.
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.
