Main points:
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Bitcoin dropped below the $74,000 level, indicating that bears remain sellers in rallies.
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Several major altcoins are showing strength and are likely to break above their immediate resistance levels.
Bitcoin (BTC) broke below the $74,000 level, indicating that the bears are aggressively defending this level. Glassnode said in its latest Weekly On-chain letter that BTC is stuck between the realized price (the average cost of acquiring the entire circulating supply) at $54,400 and the market cap (the basis of the value of the coins in active circulation) at $78,000. Attempts to rally at the $78,000 level are likely to be rejected.
Historical data also does not support a sharp rise in BTC in 2026. Data from Binance Research shows that BTC saw declines of 56%, 73% and 64% during the US midterm elections. However, there is a glimmer of hope for the bulls as the two years since the midterm elections have seen huge gains in the BTC.
Despite the uncertainty, one positive sign in favor of the bulls is that BTC has emerged as the best macroeconomic asset since the start of the US-Israel-Iran war. It shows that investors are not panicking and exiting their BTC positions. This increases the probability of a bottom formation in BTC.
Can buyers push BTC and pick up major altcoins above their upper resistance levels? To find out, let’s analyze the charts of the top 10 cryptocurrencies.
Bitcoin price prediction
BTC headed for the upper resistance at $74,508, where the bears have a strong defense.
The 20-day exponential moving average ($69,271) has declined and the relative strength index (RSI) has entered positive territory, indicating an advantage for buyers. This raises the possibility of a break above the $74,508 level, completing the ascending triangle pattern. The BTC/USDT pair could then rise to $84,000.
Sellers will have to pull the price of Bitcoin below the support line to signal a reversal. If they do, the pair could break into the $62,500 to $60,000 support zone.
Ether price forecast
Sellers are trying to stop Ether’s (ETH) light rally at the 50-day moving average ($2,173), but bulls continue to press.
If the buyers do not allow the price of Ether to return from the 20-day EMA ($2,036), it will increase the prospect of a rally to $2,600. Such a move indicates that the downward trend is possible.
Sellers probably have other plans. They will try to pull the price back from the 20-day EMA immediately. If they manage to pull it off, it suggests that the ETH/USDT pair could extend its range-bound action from $1,750 to $2,200 for another time.
BNB price forecast
BNB (BNB) reached the 50-day SMA ($680), where the bears are expected to provide strong protection.
However, if the buyers break the barrier at the 50-day SMA, the price of BNB may rise to $730 and then to $790. Such a move suggests that the BNB / USDT pair may reach $570.
Alternatively, if the price breaks below the 50-day SMA and below the 20-day EMA, it means the bears remain in command. The pair could drop to $607 and then to $570.
XRP price prediction
XRP (XRP) has broken above the 20-day EMA ($1.39), indicating that selling pressure is easing.
A bearish rally is expected to face selling at the 50-day SMA ($1.49) and then at the $1.61 level. If the price of XRP breaks below the upper resistance but breaks the 20-day EMA, this indicates a change in sentiment from selling in rallies to overbuying. This increases the chance of a rally to the downtrend of the descending channel pattern.
This positive view will be negated in the near term if the price breaks below the 50-day SMA and falls below $1.27. After that, the XRP / USDT pair may fall to the support line.
Solana price forecast
Solana (SOL) has gradually moved higher from $76 to $95, indicating that selling pressure is easing.
If the buyers clear the barrier at $95, the SOL/USDT pair can go to the $117 level. Sellers are expected to aggressively defend the $117 level, but on the downside, if the price of Solana does not drop below $95, it means that the pair may go down in the short term.
Conversely, if the price breaks sharply below the $95 level, it indicates that the bears remain in control. The pair may fluctuate between $95 and $76 in the next few days.
Dogecoin price prediction
Dogecoin (DOGE) has been trading between the 50-day SMA ($0.10) and the $0.09 level over the past few days.
The amplification range indicates the possibility of an expansion of the range in the near future. A close above the 50-day SMA opens the gates for a rally to the $0.12 breakout level. If the price of Dogecoin falls below the level of $0.12, it indicates the formation of a possible range. The DOGE/USDT pair may consolidate between $0.09 and $0.12 for a while.
A close above the $0.12 resistance would clear the way for a rally to the $0.16 level, while a break below the $0.09 support would signal a resumption of the downtrend.
Hyperliquid price prediction
Hyperliquid (HYPE) closed above the $36.77 resistance on Thursday, indicating that the bulls are trying to take charge.
There is minor resistance at $38.43, but it is likely to be crossed. The HYPE/USDT pair may rise to $43 and later to $50.
The first sign of weakness would be a close below the $36.77 level. This suggests that bears are selling in rallies. The price of Hyperliquid could drop down to the 20-day EMA ($32.57), which is an important support for attention. If the price pulls back from the 20-day EMA, the bulls will try to resume the recovery. Sellers will watch for a close above the 50-day SMA ($30.65).
related to: Here’s why XRP bulls see ‘explosive period’ to $2.55
Cardano price prediction
Cardano (ADA) has broken above the 20-day EMA ($0.27), indicating aggressive buying by the bulls.
The 50-day SMA ($0.28) may act as resistance, but it is likely to be crossed. After that, the ADA / USDT pair can move up to the descending line of the descending channel pattern. A close above the downtrend line indicates a potential short-term trend reversal. This clears the way for a rally to $0.39 and then to $0.44.
Instead, if the price of Cardano falls sharply below the downtrend line, it indicates that the bears remain sellers in the rallies. This can keep the pair inside the channel for some time.
Bitcoin Cash Price Prediction
Bitcoin Cash (BCH) has pierced the 20-day EMA ($471), indicating that the bulls are on the way back.
If the price of Bitcoin Cash closes above the 20-day EMA, the BCH/USDT pair may rise to the 50-day SMA ($514). Sellers are expected to protect the 50-day SMA as its close opens the door for a rally to $600.
Contrary to this assumption, if the price falls sharply below the moving average, it indicates that the bears remain in control. This increases the probability of a break above the $443 level. After that, the pair could fall to $375.
Monero price prediction
Buyers have been holding Monero (XMR)’s pullback at the 20-day EMA ($348), indicating that the decline is being viewed as a buying opportunity.
This improves the prospects for a break above the 50-day SMA ($366). If this happens, the XMR/USDT pair could rise to the 61.8% Fibonacci level of $414 and later to $452.
Time is running out for the bears. They need to quickly lower the price of Monero below the $333 level to weaken the bulls. The pair could then fall to $309, where buyers are expected to enter.
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