Core:
Bitcoin witnesses a $ 95,000 difficult battle between Bulls and Bears.
A solid purchase by SPOT BITCOIN ETF investors can see the positive change of investor sentiment last week.
Select Altcoins is more likely to move in the short term by maintaining the support level.
Bitcoin (BTC) slides at $ 95,000 on the 4th of May, showing profits at a higher level. Bulls tried to push the price to more than $ 95,000 on May 5, but is facing a stiff resistance.
Cryptovizart, a senior researcher at GlassNode, said Bitcoin, which maintains more than $ 93,000 in X’s posts, is amazing and dangerous from $ 93,000 to $ 96,000. Cryptovizart added that there are more than $ 9 profits for all dollars realized by losses.
But the positive signs of the bulls are that the US -based Bitcoin Exchange trading funds have seen $ 1.8 billion in inflow last week, depending on the FARSIDE Investors data. ETF issuers and institutions acquired 18,644 Bitcoins last week, and reported on May 4, compared to the 3,150 Bitcoin mined during this period.
What are the levels of important support and resistance to be careful in Bitcoin and Altcoin? Let’s analyze the charts of the top 10 cryptocurrencies.
S & P 500 index price prediction
The S & P 500 Index (SPX) extended its recovery last week and surpassed the simple moving average (5,575) for 50 days.
The 20 -day index moving average (5,501) began to begin, and the relative robbery index (RSI) is in a positive area and indicates the benefits to the buyer. UP movements can reach 5,800, which is expected to attract bears’ powerful sales. If the price drops from 5,800, you can get support from EMA on the 20th.
The seller should suggest that the driving force is weakly weakening the price below the EMA of less than 20 days. The index can fall to 5,400, then fall to 5,300.
US dollar index prediction
The US dollar index (DXY) prevented 99 support on April 29 and reached EMA (100.38) on May 20.
Buyers are facing stiff resistance in EMA for 20 days, but some positives are that bears do not have much basis. It improves the view of rest than the 20 -day EMA. In this case, the index can rise to 61.8% Fibonaci Return level 101.39 and 50 days SMA (102.72).
This positive view continues to lower the price and is invalidated if it falls below level 99. It can calm down the index of 97.92 critical support.
Bitcoin price prediction
Bitcoin was closed on May 4th at $ 95,000, and Bears will try to extend the fullback with EMA ($ 92,204) on the 20th.
The buyer must violently defend the 20 -day EMA in order to maintain the strength of the strength. If the price pops out in a 20 -day EMA, BULLS tries to pursue the BTC/USDT pairs to a $ 100,000 psychological level.
Unlike this family, when the rest is closed under the EMA of less than 20 days, the bull is rushing to the exit. It can sink the pair with a 50 -day SMA ($ 86,890). The deeper fullback suggests the formation of range in the short term.
Ether price prediction
The buyer has maintained more than an average ether (ETH) above the signaling intensity.
The 20th EMA ($ 1,771) is gradually warning, RSI is in a positive area and the path of resistance is on the rise. There is a slight resistance for $ 1,957, but it’s likely to cross. The ETH/USDT pairs can increase to a breakdown level of $ 2,111, which bears are expected to be actively sold.
The break and finish below the moving average is $ 1,537, opening the door to autumn with fatal support of $ 1,368.
XRP price prediction
XRP (XRP) is fixed between the resistance line and $ 2 support and represents a deep purchase and assembly sales.
Both are flat and RSI is just below the middle point, showing a balance between supply and demand. This equilibrium is advantageous to the bull if it induces a price above the resistance line. The XRP/USDT pairs rose to $ 3, suggesting short -term trend changes.
On the contrary, rest and less than $ 2 are in charge of the seller. The pair can then resume important support for $ 1.61, and the buyer is expected to come in.
BNB price prediction
BNB (BNB) slipped below the moving average on May 4, but bears are struggling to maintain low levels.
If the buyer is higher than the moving average, it is better to buy it at a lower level. Then the bull will try to overcome the barrier for $ 620. If they succeed, the BNB/USDT pairs can shoot up to $ 644.
Or it suggests that the bear is trying to control when the price falls from the moving average. The $ 576 ~ 566 area has support, but when it is disassembled, the pair can be dive to $ 520.
Solar or price prediction
Solana (SOL) is supported by EMA ($ 143) on the 20th, indicating that the bull remains as a deep buyer.
Bulls will try to extract more than $ 153 resistance. If they do that, the SOL/USDT pairs can go up to $ 180. Such movements provide a large $ 110 to $ 260s.
If the bear wants to block upside down, the price of the EMA should be quickly pulled for 20 days. If you do so, you can go down to 50 days SMA ($ 133). This suggests that pairs can integrate between $ 110 and $ 153 for a while.
relevant: The XRP price is 45% down $ 1.20 -as follows.
Dogecoin price prediction
The buyer kept Dogecoin (Doge) higher than the average moving, but did not start a strong rebound.
The flat moving average and the RSI near Midpoint suggest that the Doge/USDT pairs can extend the stay within the range of $ 0.21 to $ 0.14 for a while.
If the price rises from the average moving average, the bull tries to push the pair to $ 0.21. The seller is expected to actively defend the level, but if the Bulls prevail, the pair may soar to $ 0.28. On the contrary, the moving average breaks can sink with a solid support of $ 0.14.
Cardano price prediction
Cardano (ADA) witnesses a tough battle between the tomb and the bear.
The flat moving average and the RSI just below the middle point do not provide a clear advantage to the bull or bear. The first sign of power is rest and more than $ 0.75. It opens the door of the rally to $ 0.83.
In the disadvantages, the nearest thing under the moving average is to take advantage of the bear. There is a solid support for $ 0.58, but if the level is provided, the ADA/USDT pairs may drop to $ 0.50.
SUI price prediction
SUI (SUI) is trying to bounce off EMA ($ 3.09) on the 20th, indicating a low level.
Bulls tries to push the price to $ 3.90, which is expected to act as a stiff resistance. But the 20 -day EMA and RSI of the positive territory suggest that the buyer has an advantage. Rest and finish of more than $ 3.90 can increase the Sui/USDT pairs to $ 4.25, later to $ 5.
Instead, if the price descends from the current level or overhead resistance and destroys it below the EMA on the 20th, the bull is given up. It can lift the price to $ 2.86 and 50 days SMA ($ 2.57).
This article does not include investment advice or recommendation. All investment and trading measures include risks, and the reader must do his own research when making a decision.