Core:
Bitcoin, which has $ 100,000 at the level of support, will confirm the current trend change.
The ether continues between Altcoins, and the defi token can follow.
BITCOIN (BTC) increases the psychologically important $ 100,000 on May 8, and Bulls is trying to maintain its level on May 9th. In the X Post, Coinglass said that after 24 hours, Bitcoin’s rally has recorded the largest $ 888 million since 2021.
Bitcoin’s rally also lifted several major Altcoins, which was higher than each overhead resistance level. Altcoin Rally rose about 22% on May 8, led by Ether (ETH), triggering $ 330 million in Ether short position.
Short -term paintings have changed positively, but Bitcoin bulls are expected to face significant resistance nearly $ 109,588. During the full back, traders must maintain more than $ 100,000 to maintain optimistic propulsion.
Can Bitcoin continue to move and pierce the highest level? Are Altcoins preparing for short -term rally? Let’s analyze the charts of the top 10 cryptocurrencies.
Bitcoin price prediction
Bitcoin collects more than 6% on May 8 and indicates that the buyer has claimed his superiority beyond over $ 100,000 barriers.
The BTC/USDT pairs can reach $ 107,000 to $ 109,588, where the bear is expected to be strong. The overdue level of the relative strength index (RSI) suggests that short -term fullback is possible.
The price is low in overhead resistance, but when it is supported at the 20 -day index moving average ($ 94,879), it shows positive feelings. Then the bull tries to raise the price than the best ever.
The first sign of the weakness is closer than the 20th EMA. This suggests profits at a higher level. Then the pair can then be over 50 days a simple moving average ($ 88,139).
Ether price prediction
Ether (ETH) has soared to more than $ 2,111 on May 8 and moved to almost $ 2,550 on May 9.
The long wick of the candlesticks shows a solid sales of nearly $ 2,550. The price drops from $ 2,550, but if you get support for $ 2,111, the bull is trying to support the level. Then the bull tries to drive an ETH/USDT pair for more than $ 2,550. If they succeed, the pairs can go up to $ 2,850.
The seller must lower the price to $ 2,111 to weaken the optimistic driving force. Then the pair can slide on the 20th EMA ($ 1,867).
XRP price prediction
The buyer pushed XRP (XRP) into a resistance line. This is a short -term level to be careful.
Sellers are expected to actively defend the resistance line because relaxation and closing signal the potential trend changes. The XRP/USDT pairs can rise to $ 2.60 and rise to $ 3.
The price is lowered from the resistance line, but if you find support from the moving average, the bull is buying a dip. Then the bull tries to promote the price rather than the resistance line. The seller must pull the price below $ 2 to seize control.
BNB price prediction
BNB (BNB) showed a decisive movement on May 8 and immediately exceeded the overhead resistance for $ 620.
The BNB/USDT pair reached $ 644 on May 9, which is expected to act as a powerful barrier. But if the buyer maintains pressure and penetrates $ 644, the pair can increase to $ 680.
Time for bears is coming. If they want to stop rising, they should defend the $ 644 level intensely and get the price than the moving average. Then the pair could go down to $ 580.
Solar or price prediction
Solana (SOL) is bankrupted over $ 153 on May 8 and indicates that the bull is in charge of the bull.
SOL/USDT pairs can reach $ 180, which is expected to act as a powerful obstacle. The price drops from $ 180, but if you rebound from $ 153, the buyer wants to form a higher lowest level. It improves the view of the assembly to $ 200.
This optimistic view is rapidly lowering the price and falling at a lower price than a $ 140 support. This suggests that merchants are booking profits at a higher level.
Dogecoin price prediction
The buyer successfully defended the moving average and pushed Dogecoin (DOGE) with an overhead resistance of $ 0.21.
The seller tries to stop the UP movement to $ 0.21, but if the bulls resist, the Doge/USDT pairs can be rally at $ 0.25. The price drops from $ 0.25, but if you receive support from $ 0.21, you can see that the bull has supported the level. It suggests that the decline may end.
On the contrary, if the price drops sharply from $ 0.21 and is lower than the moving average, the pair can vibrate within the range for more time.
Cardano price prediction
Cardano (ADA) bounced off the 50 -day SMA ($ 0.67) and completed the reverse head and shoulder pattern on May 8.
EMA ($ 0.69) began on the 20th, and RSI is in a positive area and represents an advantage to the buyer. If the price is maintained above the neckline, the ADA/USDT pairs can increase to the pattern goal of $ 1.01. There is a resistance to $ 0.83, but it is likely to cross.
If the bear wants to prevent the rise, you need to yoke the price below the 50 -day SMA. It can sink at $ 0.60 for $ 0.50.
relevant: The reason for increasing in May -Bitcoin price is more than $ 110K.
SUI price prediction
SUI (SUI) gathered rapidly in EMA ($ 3.29) on the 20th and climbed more than $ 3.90 overhead resistance on May 8.
The 20 -day EMA and RSI near the excessive area indicate that the bull is commanded. If the price is over $ 3.90, the SUI/USDT pair will be $ 4.25, which can eventually rally for $ 5.
Or if the price falls and finishes below $ 3.90, Bears will return. Then the pair can fall to the 20 -day EMA, which can act as a solid support.
Chain Link Price prediction
The chain link (link) increased rapidly in SMA ($ 13.72) on May 8th to complete the reverse head and shoulder patterns.
The seller is trying to reverse the price under the neckline, but if the bull successfully maintains the level, the link/USDT pair will be broken above the resistance line and meets for a $ 21.30 pattern goal.
If the price is rapidly lowered and destroyed below the movement average, this optimism is denied. This indicates that two pairs may remain inside the channel, opening the door for $ 12 in the fall.
Eyesy price prediction
Avalanche (Avax) bounced the moving average on May 8 and reached an overhead resistance of $ 23.50 on May 9.
The seller is expected to defend $ 23.50 with all power. Because of the rest and finish on the resistance, you can remove the route to $ 28.78 and then $ 31.73.
On the contrary, if the price drops sharply from $ 23.50 and is lower than the moving average, the Avax/USDT pair may extend the stay within a few days.
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.