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BITCOIN has been holding a week with a strength, with the goal of the new high of BTC and Altcoins.
Many major Altcoins are trapped in the range, but over -advertising shows signs of power.
Bitcoin (BTC) started a week and ran towards $ 111,980 from $ 109,588 to overhead resistance zones. The high movement may have been triggered by the optimism of the US-Chaina trade negotiations in London.
Merchant CAS Abbe said in X’s post that Bitcoin will probably witness more than $ 109,000 to $ 110,000. ABBE noted that Bitcoin will be liquidated by $ 110 billion shorts if it soars 10% at the current level. On the other hand, a 10% decrease in movement is dangerous to take $ 95.8 billion in long positions.
Most analysts think that Bitcoin’s long -term trajectory has risen, but some expect short -term deep deep before the rise is resumed. Private asset manager Swissblock is expected to fall to $ 104,000, while analyst Mickeybull Crypto is expected to fall to $ 101,500.
Can the buyer push Bitcoin to more than $ 111,980 or higher? 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 Bulls is trying to build momentum on June 9th.
Positive relativity in the 20 -day index moving average (5,883) and the relative intensity index (RSI) indicate that bulls are commands. The buyer is trying to pursue the price with 6,147 overhead resistance.
It is not easy to move because the seller is expected to defend the area of 6,000 to 6,147 with all forces. The first sign of the weakness is rest and near the EMA on the 20th and opened in the fall with 5,767.
US dollar index prediction
The buyer tries to start recovery at the US dollar index (DXY), but is facing sales near the EMA on the 20th (99.49).
The bear will try to calm the index to 97.92. Rest and finish below level 97.92 represents the resumption of the decline. The index then can extend the decrease to 95.67.
This negative view rises the price and exceeds the 50 -day simple moving average (100.30), which will be invalidated in the short term. The index then can be moved from 102 to overhead resistance.
Bitcoin price prediction
Bitcoin rose more than EMA ($ 105,296) on June 20, and Bulls removed overhead obstacles to $ 106,794 on June 9th.
The price behavior of the last few days has formed a reversed head and shoulder pattern, which will be completed at a break and finish over the neckline near $ 112,700. In that case, the pair can soar towards the pattern goal of $ 146,892.
Or if the price falls and destroys below the 20 -day EMA, the bear is activated at a higher level. The BTC/USDT pair was able to receive a $ 100,000 solid support. The bull is expected to defend the level of $ 100,000 with all the power.
Ether price prediction
ETH has been integrated between $ 2,323 and $ 2,738 for the last few days, which represents a tough battle between the bull and the bear.
If the price is maintained above the 20 -day EMA ($ 2,515), the ETH/USDT pairs can be rally at $ 2,738. This is an important resistance to the bear defense. If the level is turned off, the pair can increase to $ 3,000 and then increase to $ 3,153.
Contrary to this assumption, it suggests that if the price is rapidly lowered at the current level, the bear must take responsibility. The trend will prefer Bears during the break and finish below the 50 -day SMA ($ 2,284). Then the pair could collapse at $ 2,111.
XRP price prediction
XRP (XRP) is aligned in the range between $ 2 to $ 2.65 over the last few days, indicating a balance between supply and demand.
The flat moving average and RSI near the middle point do not provide a clear advantage for the bull or bear. If the price rises from the moving average, the XRP/USDT pair can go up to an overhead resistance of $ 2.65.
On the contrary, if the price drops sharply from the moving average, the bear tries to settle down under $ 2 support. If they can pick it, the pair can resume important support to $ 1.61.
BNB price prediction
BNB (BNB) has caused vibrations between $ 693 and $ 634 over the last few days, and sends signals nearby and sells them close to overhead resistance.
If the buyer drives the price of EMA ($ 655) more than 20 days, the BNB/USDT pair can extend the stay within the range for more time. After the buyer pushes the price to $ 693 or more, the bridge of the UP movement may begin. Then the pair could be gathered for $ 732.
Sellers are likely to have different plans. They will try to stop the relief rally on the 20th EMA. That way, the pair is in danger of falling lower than $ 634. Then the pair can drop to $ 580.
Solar or price prediction
Solana (SOL) was shown in the support of $ 140 on June 5, but recovery is likely to face resistance in EMA ($ 158) on the 20th.
If the price drops sharply from the moving average, the bear tries to pull the SOL/USDT pairs of less than $ 140. If they succeeded, the pairs could fall to $ 123, and then got a solid support of $ 110.
Instead, it suggests that the bear is losing the grip when the price is drilled. This pair can be attempted at a level of $ 185, which the seller is expected to raise a strong challenge.
relevant: If the ETF approves, the XRP price reaches $ 25 and then a 90%conflict occurs.
Dogecoin price prediction
Dogecoin (DOGE) is supported near $ 0.16, but Bulls is struggling to maintain higher levels.
The slope below 20 days EMA ($ 0.19) and the RSI of negative territory indicate that bears have an advantage. The seller will withdraw the price to less than $ 0.16 to challenge the decisive $ 0.14 support. The buyer is expected to maintain the Doge/USDT pairs in the range for more time, with strong defense at $ 0.14.
The longer the price, the greater the final breakdown. After the buyer pushes the pair to $ 0.26 or more, the UP movement may begin.
Cardano price prediction
Cardano’s (ADA) recovery indicates that bears are sold at the rally, facing resistance near EMA ($ 0.69) on the 20th.
The bear tries to lower the price to $ 0.60. If they do so, the ADA/USDT pairs can resume $ 0.50 support. Buyers are expected to actively defend the $ 0.50 level. This is because the pair can be reduced to $ 0.40.
The buyer must increase the price than the moving average to gain power. Then the pair can go up to the down trend line, which is an important level to be careful. Rest and finish on the down trend line suggests that a new karma begins with $ 1.02.
Hyperclicade price prediction
Hyperklicade (hype) rises over the symmetrical triangle pattern on June 9, indicating that uncertainty has been solved.
If the buyer maintains a higher price than the triangle, the over -advertising/USDT pairs can pick up momentum and rise to $ 42.50. There is a resistance for $ 40, but it’s likely to cross. The seller tries to stop the UP movement at $ 42.50, but if the Bulls prevail, the pair can achieve a $ 46.50 pattern goal.
This optimistic view will be denied in the short term if the price drops sharply and destroys under the triangle. It suggests that damage on the triangle may be a bull ship. This pair could fall to $ 30.50 and then $ 28.50.
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.