Key points:
-
Bitcoin remains stuck in a narrow beach, suggesting that an escape could be at the corner of the street.
-
The FOMC minutes and the interest rate decision of the federal reserve could set the tone for the next stages of the crypto.
Bitcoin (BTC) continues to negotiate near the resistance of $ 120,000, indicating that the Bulls have maintained the pressure. Although Bitcoin is on a strong counter, the UP movement can face seasonal opposite winds. According to Axel Adler Jr., BTC recorded an average yield of only 2.56% in August in the last 13 years.
However, short -term uncertainty or the historic weakness of August did not prevent the strategy of buying more BTC. The firm said Tuesday that it had acquired 21,021 BTC at an average price of $ 117,256, which increased its total participation to 628,791 BTC.
Like the BTC, the ether (ETH) and the BNB (BNB) has gained ground. Glassnode declared in an article on X that the domination of the perpetual term volume of ETH has exceeded the BTC, marking the “largest volume of bias” never recorded. The “Shift confirms a significant rotation of speculative interest in the Altcoin sector”, added the analysis platform.
Could BTC get out of its range? Will Select Altcoins continue their Bull Run? Let’s analyze the graphics of the 10 best cryptocurrencies to discover it.
Bitcoin price prediction
BTC continues to be negotiated in a tight range between $ 115,000 and $ 120,000. The longer the price remains in a narrow range, the greater the possible break.
The simple simple mobile average of 20 days ($ 118,313) and the relative resistance index (RSI) on the positive territory indicate that the path of the slightest resistance is up. If buyers stimulate the price of more than $ 120,000, the BTC / USDT pair could gain momentum and a rise in a new record greater than $ 123,218. The pair can then rise to $ 135,000.
Conversely, a break and a closure below $ 115,000 suggest that the bears have mastered the bulls. This could break the price at $ 110,530. This is vital support to keep an eye on a break below the doors for a drop to $ 100,000.
Ether price prediction
ETH is trying to maintain above the $ 3,745 escape level, indicating that the bulls do not hurry to reserve profits because they anticipate another higher leg.
If the price bounces on the support of $ 3,745, the ETH / USDT pair could reach the resistance of the general costs at $ 4,094. Sellers should set a strong challenge at $ 4,094, but if the Bulls prevail, the pair could soar around $ 4,868.
Instead, if the price drops and decomposes below $ 3,745, this suggests that the Bulls have abandoned. This could draw the 20 -day SMA price ($ 3,516), where buyers should intervene. If the price rebounds 20 days SMA with force, the Bulls will again try to unravel resistance to general costs.
XRP price prediction
XRP (XRP) attends a difficult battle between buyers and 20 -day SMA sellers ($ 3.16).
If the price unscrewed below $ 3.05 support, the next stop should be $ 2.95. Buyers should fiercely defend the level of $ 2.95 because a break below could start a deeper correction to $ 2.65.
Alternatively, a solid rebound in the $ 2.95 level suggests solid demand at lower levels. The 20 -day SMA could act as a resistance at the top, but if the Bulls overcome it, the XRP / USDT pair can increase to $ 3.33 and, after that, to $ 3.66.
Price prediction BNB
BNB fell to $ 794 escape, which is a crucial support to watch.
If the price bounces $ 794 with force, it suggests that the Bulls are trying to switch the level in support. If this happens, the BNB / USDT pair could reset the summit of $ 861. A break and a closure above $ 861 could start the next stage in the trend at $ 900.
On the contrary, a break and a closure below the level of profit of the signals of $ 794 by short -term buyers. The pair could then dive towards the 20 -day SMA ($ 751), which is likely to attract buyers. The sellers will have to pull the pair below the 20 -day SMA to win the upper hand.
Solana price prediction
Solana (soil) is fell to 20 -day SMA ($ 178), which is likely to act as solid support.
If the price bounces for 20 days SMA with force, the Bulls will once again try to push the ground / USDT pair towards the resistance to general costs of $ 209. A break and a closure above $ 209 could open the doors for a rally at $ 240. There is a minor resistance at $ 220, but it is likely to be crossed.
On the contrary, a break and a closure below the 20 -day SMA could draw the price of the SMA of 50 days ($ 160). This suggests that the pair can extend its stay inside the large range between $ 110 and $ 209 for a few more days.
Dogecoin price prediction
DOGECOIN (DOGE) fell by $ 0.25 on Monday and broke below the 20 -day SMA ($ 0.22) on Tuesday, indicating the sale of gatherings.
The following support is $ 0.21. If the price bounces $ 0.21 and exceeds above the 20-day SMA, the Bulls will try to push the Pair Doge / USDT to $ 0.26 and later at $ 0.29. Sellers should defend the level of $ 0.29 with all their forces, because a fence above could propel the pair at $ 0.35 and then to $ 0.44.
On the other hand, a break and a closure below $ 0.21 could pour the pair with a 50 -day SMA ($ 0.19). This suggests that the pair can stay inside the large beach from $ 0.14 to $ 0.29 for a while.
Cardano price prediction
Cardano (ADA) slipped below the 20 -day SMA ($ 0.79) on Tuesday, indicating that bears are trying to take care of.
There is a support at $ 0.76, but if the level is broken down, the ADA / USDT pair could extend the correction to $ 0.73, then at SMA of 50 days ($ 0.67). Such a fall suggests that the pair can remain inside the range from $ 0.50 to $ 0.86 for a while.
The first sign of strength will be a break and close above the 20-day SMA. This suggests an aggressive lack of sale at lower levels. The bulls will then try to push the pair over the resistance of $ 0.86.
In relation: $ 3 at risk? Why XRP was one of the worst interpreters this week
Hyperliquid price prediction
The hyperliquid (hype) was stuck between the support line of the upward channel and the 20 -day SMA ($ 45.13).
The failure of the bulls to push the price above the 20-day SMA increases the risk of rupture below the support line. If this happens, the Hype / USDT pair could correct at $ 36 and thereafter at $ 32.
This negative opinion will be invalidated in the short term if the price arises and exceeds the 20 -day SMA. The pair can then increase to the resistance zone of general costs from $ 48 to $ 49.87.
Stellar price prediction
Stellar (XLM) plunged below the 20 -day SMA ($ 0.44) on Monday, and the Bears defended the level during a retest on Tuesday.
Sellers will try to strengthen their position by pulling the price below $ 0.40. If they manage to do so, the XLM / USDT pair could decrease in terms of Fibonacci retracement to $ 50% of $ 0.37, then with a trace level of 61.8% of $ 0.34.
Buyers are likely to have other plans. They will try to make a return by pushing the price more than $ 0.46. If they can withdraw it, the pair could retest the resistance to general costs of $ 0.52. The next $ 0.64 rally stage could start at a fence greater than $ 0.52.
SUD price prediction
Su (Suis) exceeded the resistance of $ 4.30 on Sunday, but the break proved to be a bull trap because the price fell sharply on Monday.
The Bears are trying to maintain the price below the 20 -day SMA ($ 3.85). If they do this, the Su / USDT pair could drop to $ 3.51. Buyers should fiercely defend the area between $ 3.51 and the 50 -day SMA ($ 3.27).
If the price amounts to $ 3.51 and exceeds the 20 -day SMA, it suggests a possible beach training. The pair can swing between $ 3.51 and $ 4.30 for a while. A break and close above $ 4.30 could start a new upward trend around $ 5.
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.
