Core:
Bitcoin slipped below $ 109,588, but the technical chart suggests that the trader is buying each dip.
Excessive leverage of Bitcoin futures increases the risk of fast modification.
SELECT ALTCOINS refuses at each overhead resistance level, indicating that bears remain as a seller at the rally.
The seller pulled Bitcoin (BTC) to the Breakout level at $ 109,588, but the lower level can attract buyers. According to SOSOVALUE DATA, the US Bitcoin exchange trading funds are still strong, with the inflow of $ 194 million on May 21 on May 21 and $ 660 million on May 21.
GlassNode pointed out that the total record of more than $ 109,588 has resulted in a total of $ 1 billion in total profits, and much more than $ 2 billion when the price rose more than $ 100,000 in December. This shows that investors expect UP movement to continue.
Peter Brandt, a veteran merchant, said in X’s post that Bitcoin achieved a goal between $ 125,000 and $ 150,000 by the end of August.
A powerful rally attracts speculators who load leverage. According to CoingLass data, Bitcoin Future Public interest rose to more than $ 80 billion on May 23. Excessive leverage increases the risk of forced liquidation when you see a sudden embarrassment. Therefore, the trader must pay attention.
What is the important support level of Bitcoin and Altcoins? Let’s analyze the charts of the top 10 cryptocurrencies.
Bitcoin price prediction
The seller is trying to keep the price of less than $ 109,588, which is to lock the aggressive bull. This can be raised to the 20 -day index moving average ($ 103,652).
In the 20 -day EMA, a solid bounce suggests that emotions remain positively and traders are buying deep. Then the bull is trying to resume the rise by promoting $ 111,980 or later. If they can pick it, the BTC/USDT pairs can rush towards the goal of $ 130,000.
The first sign of the weakness is lower than the 20 -day EMA. It summarizes the route of $ 100,000 psychologically important. Buyers are expected to violently defend $ 100,000. This is because the rest below can sink the pair to a simple 50 -day moving average ($ 94,001).
Ether price prediction
The ether (ETH) is made from a $ 2,738 resistance and indicates that the bear is actively defending the level.
The ETH/USDT pairs may fall to EMA ($ 2,388) on the 20th, which is important for maintaining the gaze. If the price rebounds in a 20 -day EMA, Bulls will again try to remove $ 2,738 obstacles. If they do so, the pair can increase to $ 3,000. There is a resistance for $ 2,850, but it’s likely to cross.
This positive view will be invalidated in the short term if the price continues to fall and destroys it under the 20th EMA. This pair plunged to $ 2,323 and plunged to $ 2,111.
XRP price prediction
XRP (XRP) is trapped in the range of $ 2.65 to $ 2, indicating a balance between supply and demand.
The EMA ($ 2.35) is flat on the 20th, and the RSI is close to the intermediate point, suggesting that the XRP/USDT pairs can extend the stay within a few days.
If you are close to a break of $ 2.65 or more, you will be able to complete the target goal of $ 3.70 and the shoulder pattern. Or breaks below $ 2 suggest that bears overwhelmed the bull. This increases to $ 1.60, then $ 1.27.
BNB price prediction
BNB (BNB) drastically reduced its aggressive sales by sharply reduced from $ 693 resistance on May 23.
The BNB/USDT pairs popped out of the EMA ($ 647) on the 20th, as can be seen in the long tail of the candlestick. This shows a solid purchase at a lower level. Bulls wants to extract more than $ 693. If they do so, the pair can soar from $ 732 to $ 761.
Instead, if the price falls and destroys it under the EMA on the 20th, it suggests that the bull is booking profits. Then the pair can then plunge to 50 days SMA ($ 612).
Solar or price prediction
Solana (SOL) climbed more than $ 180 on May 23, but Bears is a strong challenge for $ 185.
On the 20th of the cat EMA ($ 167) and the RSI in the positive zone indicate that the route of the minimum resistance is on the rise. If the buyer maintains a price of more than $ 185, the SOL/USDT pair can rally for $ 220 for more than $ 210.
Contrary to this family, it suggests that if the price is lower than the EMA for 20 days, the bull is rushing to the exit. This increases the risk of falling for 50 days SMA ($ 147).
Dogecoin price prediction
Dogecoin (DOGE) refuses from overhead resistance of $ 0.26 on May 23, indicating that bears are fiercely defending their level.
Doge/USDT pairs can be descended to EMA ($ 0.21) on the 20th, which is an important support to be careful. In the 20 -day EMA, the honest bounce shows positive emotions and improves a relaxation prospect of $ 0.26 or more. If this happens, the pair can be rally at $ 0.35. There is a resistance to $ 0.29, but it is likely to cross.
This optimistic view falls in the short term if the price drops and falls below $ 0.21. This suggests possible range bound measures from $ 0.14 to $ 0.26.
Cardano price prediction
Cardano (ADA) popped out of the neckline of the reverse H & S pattern, but Bulls could not erase overhead obstacles to $ 0.86.
If the price is lower and destroyed below the neck line, the bear is activated at a higher level. The ADA/USDT pair is 50 days SMA ($ 0.69), which can fall later with solid support of $ 0.60.
On the contrary, on the 20th EMA ($ 0.75), a solid bounce shows demand at a low level. Then Bulls is trying to walk more than $ 0.86 or more. If they succeed, the pairs can go up to $ 1.01.
relevant: Bitcoin’s new highest highest is the Trader: Is the BTC price overheated at $ 111K?
SUI price prediction
The buyer failed to push the SUI (SUI) over the overhead resistance on May 22. This indicates that the bear is actively defending the level.
If it does not exceed the $ 4.25 level, it may be a repetitive failure for short -term buyers to make a reservation. It has withdrawn prices below EMA ($ 3.73) on the 20th. If the price is lower than the 20 -day EMA, the SUI/USDT pairs may plunge to 50 days SMA ($ 3.09).
On the contrary, if the price rises from the EMA on the 20th and is destroyed to more than $ 4.25, the UP movement will be resumed. The pair is expected to go up to $ 5 and eventually bear a bear to $ 5.37.
Hyperclicade price prediction
The hyperklicade (over -advertising) soared over the $ 28.50 stiff overhead resistance on May 22, indicating the beginning of the next leg of the UP movement.
Bulls exceeded $ 35.73 on May 23, but the Long Wick of the candlestick shows that Bears want to defend the level. If the buyer does not have much evidence for the bear, over -advertising/USDT pairs can increase to $ 42.25.
Time for bears is coming. If they want to return, they must quickly pull out the price below the 20th EMA ($ 26.32). A signal that the pair formed a region of nearly $ 37.59.
Chain Link Price prediction
The chain link (link) was closed on the resistance line of the channel pattern on May 22, but the bull found out that it was difficult to maintain exercise.
The bear is trying to return the price to the order. If the price slides below the neckline, it suggests that the failure on the resistance line may be a bull ship. Link/USDT pairs can sink to $ 13.20, and prices may be trapped inside the channel for more time.
On the contrary, the hard bounce in the resistance line indicates that the bull tries to overturn the level. The pair can rise to $ 18 and rise to $ 19.80.
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.