Autor Cointelegraph By Rakesh Upadhyay

Price predictions 5/18: SPX, DXY, BTC, ETH, XRP, BNB, SOL, DOGE, HYPE, ADA

Key points:Bitcoin has pulled back to the $76,000 level, a crucial near-term support level to watch.Several major altcoins have broken below their near-term support levels, indicating that the bulls have given up.Bitcoin (BTC) came under pressure on Monday after US President Donald Trump warned Iran that the “clock is ticking” and they better get moving fast. Analyst CryptoRover said in a post on X that a potential US military operation against Iran “is extremely dangerous for $BTC.”Institutional investors also seem to be turning cautious in the short term. According to SoSoValue data, spot BTC exchange-traded funds recorded $1 billion in weekly net outflows. That was the first net outflow after six successive weeks of inflows totaling $3.4 billion.Crypto market data daily view. Source: TradingViewWhile several traders are cautious on BTC’s prospects in the near term, Michael Saylor’s Strategy, the world’s largest public Bitcoin holder, continued to buy BTC. Strategy purchased 24,869 Bitcoin for $2.01 billion between May 11 and 17, boosting its holdings to 843,738 BTC, per Monday’s 8-K filing with the US Securities and Exchange Commission. Could BTC and the major altcoins bounce off their crucial support levels? Let’s analyze the charts of the top 10 cryptocurrencies to find out. S&P 500 Index price predictionThe S&P 500 Index (SPX) rallied to a new all-time high of 7,517 on Thursday, where short-term traders booked profits.SPX daily chart. Source: Cointelegraph/TradingViewThe index may pull back to the 20-day exponential moving average (7,273), a crucial support level to watch. If the price rebounds off the 20-day EMA with strength, it suggests a positive sentiment. That increases the likelihood of an uptrend resuming toward the 8,000 level.Sellers will have to tug the price below the 20-day EMA to weaken the bullish momentum. If they do that, the index may witness a deeper pullback to the 7,002 level.US Dollar Index price predictionThe US Dollar Index (DXY) turned up from the 97.74 support and broke above the moving averages.DXY daily chart. Source: Cointelegraph/TradingViewThere is minor resistance at 99.34, but if the bulls sustain the price above it, the index may reach the stiff overhead resistance at 100.54. Sellers are expected to fiercely defend the 100.54 level, as a break and close above it would signal the start of a new uptrend. The index may then surge to 101.97.Conversely, if the price turns down from the current level or from the 100.54 resistance and breaks below the 50-day simple moving average (98.98), it suggests that bears remain active at higher levels. That may keep the index range-bound between 97.74 and 100.54 for a few more days.Bitcoin price predictionBTC continued its slide and has reached the 50-day SMA ($75,627), suggesting bears are attempting to take charge.BTC/USDT daily chart. Source: Cointelegraph/TradingViewBuyers will have to sustain the BTC price above the 50-day SMA to retain the advantage. The first sign of strength will be a close above the 20-day EMA ($78,715). That opens the door to a rally toward the $84,000 resistance.Instead, if the price closes below the 50-day SMA, it increases the risk of a drop to the support line of the ascending channel pattern. Buyers are expected to vigorously protect the support line, as a break below it may sink the BTC/USDT pair to $65,000.Ether price predictionEther (ETH) continued its downward march and closed below the support line of the ascending channel pattern on Sunday.ETH/USDT daily chart. Source: Cointelegraph/TradingViewThe 20-day EMA ($2,255) has begun to turn lower, and the RSI is near oversold territory, indicating that bears are in control. Any recovery attempt is expected to face selling at the 20-day EMA. If the ETH price turns down sharply from the 20-day EMA, the likelihood of a drop to $1,916 increases.Buyers have an uphill task ahead of them. They will have to drive and maintain the ETH/USDT pair above the moving averages to signal a comeback.XRP price predictionXRP (XRP) has dipped below the 50-day SMA ($1,39), indicating that the bears are attempting to gain the upper hand.XRP/USDT daily chart. Source: Cointelegraph/TradingViewIf the price closes below the 50-day SMA, the next likely stop is the solid support at $1.27. Buyers are expected to defend the $1.27 level with all their might, as a close below it may sink the XRP/USDT pair to $1.11 and later to the psychological level at $1.Buyers are expected to face selling at the downtrend line and then at the $1.61 level. A break and close above the $1.61 resistance signal a short-term trend change. The XRP price may then march to $2 and subsequently to $2.40.BNB price predictionBNB (BNB) pulled back from the $687 overhead resistance and broke below the 20-day EMA ($648). BNB/USDT daily chart. Source: Cointelegraph/TradingViewThere is minor support at the 50-day SMA ($637), but if the level cracks, the BNB/USDT pair may plummet to the solid support at $570. This is a crucial level to watch out for, as a close below $570 indicates the start of the next leg of the downtrend. The pair may then collapse toward $500.On the contrary, if the BNB price turns up from the 50-day SMA, it suggests demand at lower levels. Buyers will have to thrust the price above the $687 resistance to indicate strength. The pair may then rally to $730 and then to $790. Solana price predictionSolana (SOL) closed below the 50-day SMA ($85) on Sunday, indicating that the bears are on a comeback.SOL/USDT daily chart. Source: Cointelegraph/TradingViewThere is support at $82, but the recovery is expected to face selling at the 20-day EMA ($88). If the SOL price turns sharply down from the 20-day EMA, the likelihood of a break below the $82 support increases. That opens the doors for a drop to the $76 level.The first sign of strength will be a close above the 20-day EMA. That shows solid buying at lower levels. The bulls will be back in the driver’s seat after the SOL/USDT pair closes above the $98 resistance.Related: Hyperliquid eyes 55% price rise after Silicon Valley investor’s ‘massive HYPE buy’Dogecoin price predictionDogecoin (DOGE) has dipped below its 20-day EMA ($0.11), suggesting that bulls have given up in the short term.DOGE/USDT daily chart. Source: Cointelegraph/TradingViewThe flattish 20-day EMA and the RSI just below the midpoint suggest a range-bound action between $0.09 and $0.12 for some more time. Buyers will have to push and sustain the DOGE price above the $0.12 resistance to signal the start of a new up move. The DOGE/USDT pair may then climb to $0.14 and later to $0.16.On the downside, a break and close below the $0.09 support indicates the resumption of the downtrend. The pair may then slump to $0.08.Hyperliquid price predictionHyperliquid (HYPE) has been volatile for the past few days, indicating a tough battle between the bulls and the bears.HYPE/USDT daily chart. Source: Cointelegraph/TradingViewThe bulls pushed the HYPE price above the $45.77 resistance, but the long wick on the candlestick shows selling at higher levels. Buyers will have to secure a close above the $45.77 level to clear the path for a rally to the $50 to $51.43 zone.The 20-day EMA ($42.55) is the critical support to watch out for on the downside. A break below it suggests that the HYPE/USDT pair may consolidate inside the $38.17 to $47.32 range for a while.Cardano price predictionCardano (ADA) has dipped below the 50-day SMA ($0.25), indicating that the bears continue to exert pressure.ADA/USDT daily chart. Source: Cointelegraph/TradingViewThe flattish moving averages and the RSI just below the midpoint suggest the ADA/USDT pair may oscillate inside the $0.22 to $0.31 range for a few more days.The next trending move may begin on a close above the $0.31 resistance or below the $0.22 support. If the ADA price turns up and breaks above $0.31, the pair may pick up momentum and soar toward $0.40. Alternatively, a close below $0.22 signals the resumption of the downtrend toward the target objective of $0.13.

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Price predictions 5/15: BTC, ETH, BNB, XRP, SOL, DOGE, HYPE, ADA, ZEC, BCH

Key points:Bitcoin is struggling to reach the $84,000 level, but a minor positive is that the bulls have not allowed the price to skid to the $76,000 support.Select major altcoins have turned down from their overhead resistance levels, indicating that the bears remain in control. Bitcoin’s (BTC) recovery above $82,000 on Thursday was short-lived, as bears sold at higher levels and pulled the price back to the $79,000 level. Glassnode said in its Week On-chain report that several investors bought BTC between November 2025 and February near the $86,900 level. These holders may sell near their entry price after experiencing large drawdowns, creating a barrier for BTC’s continued rally.Another negative view came from crypto analytics firm CryptoQuant, which said in a recent report that BTC has hit its major resistance at the 200-day moving average near $82,400. In 2022, BTC had resumed its downtrend after failing to cross above the 200-day SMA. BTC may get into trouble if history repeats itself.In a bear phase, it is not uncommon for the price to hit a wall at the major resistance and pull back. However, a positive sign in favor of the bulls is that they have not allowed the price to dip back below the short-term breakout level of $76,000. That suggests the bulls are not hurrying to close their positions as they anticipate another leg higher. Could BTC and the major altcoins hold on to their support levels? Let’s analyze the charts of the top 10 cryptocurrencies to find out.Bitcoin price predictionBTC rebounded off the 20-day exponential moving average ($79,251) on Thursday, but the bears sold the relief rally.BTC/USDT daily chart. Source: Cointelegraph/TradingViewThe BTC price has dipped back to the 20-day EMA, which is a crucial level for the bulls to defend if they want to retain the advantage. If the price turns up from the 20-day EMA with force, the bulls will again strive to push the BTC/USDT pair to $84,000. A break and close above $84,000 clears the path for a rally to $92,000.On the contrary, if the price sustains below the 20-day EMA, it suggests that the bears are attempting a comeback. The pair may then tumble to the 50-day SMA ($74,968), which is again likely to attract buying by the bulls.Ether price predictionEther (ETH) turned down from the 20-day EMA ($2,297) and has broken below the 50-day SMA ($2,250), indicating an advantage to sellers.ETH/USDT daily chart. Source: Cointelegraph/TradingViewThe ETH/USDT pair may plunge to the support line of the ascending channel pattern, which is a crucial level for the bulls to defend. The failure to do so may sink the ETH price to $1,916.Instead, if the price turns up from the support line and breaks above the 20-day EMA, it signals buying at lower levels. The pair may then climb to $2,465, which is expected to behave as solid resistance. If buyers overcome the barrier, the pair may rally to the resistance line.BNB price predictionSellers have successfully defended the $687 level in BNB (BNB), but the bulls continue to exert pressure.BNB/USDT daily chart. Source: Cointelegraph/TradingViewThe upsloping 20-day EMA ($649) and the RSI near the overbought zone signal that the path of least resistance is to the upside. If buyers clear the $687 hurdle, the BNB/USDT pair may soar to $730 and later to $790.This bullish view will be invalidated in the short term if the BNB price turns down sharply from the current level and breaks below the 20-day EMA. That suggests the pair may remain inside the $687 to $570 range for some more time.XRP price predictionXRP (XRP) rose from the 20-day EMA ($1.42) on Thursday and broke above the downtrend line of the descending channel pattern.XRP/USDT daily chart. Source: Cointelegraph/TradingViewHowever, the bulls failed to achieve a close above the downtrend line, indicating that the bears are fiercely defending the level. Sellers will attempt to trap the aggressive bulls by pulling the XRP price below the moving averages. If they can pull it off, the XRP/USDT pair may plummet to $1.27.Buyers are likely to have other plans. They will attempt to quickly push the price back above the downtrend line. If they do that, the likelihood of a break above the $1.61 resistance increases. The pair may then start a new up move to $2.Solana price predictionSolana (SOL) bounced off the 20-day EMA ($89) on Thursday, but the bears sold at higher levels.SOL/USDT daily chart. Source: Cointelegraph/TradingViewThe SOL price has turned down and broken below the 20-day EMA. If the price maintains below the 20-day EMA, the SOL/USDT pair may continue to oscillate between $76 and $98 for a few more days.Buyers will have to swiftly push the price back above the 20-day EMA to signal strength. The pair may then reach the $98 level, which is the critical overhead resistance to watch out for. A close above $98 clears the path for a rally to $106 and subsequently to $117. Dogecoin price predictionDogecoin (DOGE) reached the $0.12 level on Thursday, where the bears are posing a stiff challenge to the bulls.DOGE/USDT daily chart. Source: Cointelegraph/TradingViewIf the DOGE price continues lower and breaks below the 20-day EMA ($0.11), it suggests that the traders are booking profits. That may keep the pair stuck between $0.09 and $0.12 for a while longer.On the other hand, a solid bounce off the 20-day EMA signals that the bulls remain in control. That improves the prospects of an upside breakout. If that happens, the DOGE/USDT pair may surge to $0.14 and later to $0.16.Hyperliquid price predictionHyperliquid (HYPE) made a solid comeback from the $38 level on Thursday, indicating aggressive buying at lower levels.HYPE/USDT daily chart. Source: Cointelegraph/TradingViewThe bulls continued their run on Friday and pushed the HYPE price above the $45.77 resistance. However, the long wick on the candlestick shows selling at higher levels. The bears will have to pull the price below the 20-day EMA ($41.96) to weaken the bullish momentum. The HYPE/USDT pair may then form a range between $38 and $47.Contrary to this assumption, if the price turns up from the current level or the 20-day EMA and breaks above $47, it signals the resumption of the up move. The pair may then skyrocket toward the $50 to $51.43 zone.Related: Bitcoin stalls above $80K despite CLARITY Act pass: What will trigger a breakout?Cardano price predictionCardano (ADA) bounced off the 20-day EMA ($0.26) on Thursday, but the bulls could not sustain the higher levels.ADA/USDT daily chart. Source: Cointelegraph/TradingViewSellers are attempting to strengthen their position by pulling the ADA price below the moving averages. If they manage to do that, the ADA/USDT pair may extend its stay inside the $0.22 to $0.31 range for some more time.On the other hand, if the price turns up from the moving averages and breaks above $0.29, it suggests an advantage to buyers. The pair may then rise to $0.31, which is likely to attract sellers. Zcash price predictionZcash (ZEC) turned up from the 38.2% Fibonacci retracement level of $518 on Thursday, but the bulls could not clear the $560 hurdle.ZEC/USDT daily chart. Source: Cointelegraph/TradingViewThe bears are attempting to pull the ZEC price below the $518 level and deepen the pullback to the 20-day EMA ($491). Buyers are expected to vigorously defend the 20-day EMA, as a close below it may sink the ZEC/USDT pair to the 61.8% retracement level of $442.Contrarily, if the price rebounds off the 20-day EMA with force, it indicates a positive sentiment. The bulls will then attempt to drive the pair to $560 and eventually to $643. Bitcoin Cash price predictionBitcoin Cash (BCH) has been trading inside the $419 to $486 range, signaling buying near the support and selling close to the resistance.BCH/USDT daily chart. Source: Cointelegraph/TradingViewThe moving averages have started to turn down, and the RSI is in the negative territory, indicating that the bears have the upper hand. Sellers will attempt to strengthen their position by pulling the BCH price below the $419 support. If they succeed, the BCH/USDT pair may resume the downtrend toward $375.Buyers are likely to have other plans. They will attempt to defend the $419 level and push the price back above the moving averages. If they do that, the pair may remain inside the range for a few more days.

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Price predictions 5/13: BTC, ETH, BNB, XRP, SOL, DOGE, HYPE, ADA, ZEC, BCH

Key points:Bitcoin has reached a crucial support, as a break below the $79,000 level may deepen the pullback.Several major altcoins are facing selling pressure, indicating that the bears remain in the game. Bitcoin (BTC) extended its pullback on Wednesday and slipped below the $80,000 level. However, analysts remain optimistic about BTC’s prospects in the near term. Analyst CRG said in a post on X that BTC did not break above the Ichimoku cloud even once during the previous bear market, and when it did, a new bull market started. Interestingly, BTC has risen comfortably above the Ichimoku cloud, weakening the comparison with the previous bear market cycle.Another bullish projection came from Maelstrom chief investment officer Arthur Hayes, who said in a Substack post that BTC “retaking the $126,000 is a foregone conclusion.” He expects BTC to pick up momentum after breaking above $90,000, where “many call over-writers will rush to cover as their strike gets taken out.” Hayes expects the AI sector race with China and the ongoing war with Iran to result in money printing, benefitting the crypto ecosystem.BTC’s bullish view is not shared by everyone. A BTC whale, known by the moniker ‘pension-usdt.eth,’ is short 1,000 BTC, worth roughly $81 million, with 3x leverage. The trade, which was opened when BTC was at $67,990, is down about $13 million, but the trader confirmed on X that he was still short as “the trade makes sense.”Could BTC and the major altcoins rebound off their support levels? Let’s analyze the charts of the top-10 cryptocurrencies to find out.Bitcoin price predictionBTC has dipped to the 20-day exponential moving average ($79,092), which is a critical near-term support to watch.BTC/USDT daily chart. Source: Cointelegraph/TradingViewIf the price rebounds off the 20-day EMA with strength, the bulls will try to push the BTC/USDT pair above the $84,000 resistance. If they succeed, the BTC price is expected to pick up momentum and skyrocket toward $92,000 and subsequently to $97,924.This bullish view will be invalidated in the near term if the price continues lower and breaks below the 20-day EMA. That suggests traders are booking profits. That may start a deeper pullback toward the 50-day simple moving average ($74,571) and later to the support line.Ether price predictionEther (ETH) attempted to start a recovery from the 50-day SMA ($2,245), but the long wick on the candlestick shows selling at higher levels.ETH/USDT daily chart. Source: Cointelegraph/TradingViewA break and close below the 50-day SMA opens the doors for a drop to the support line of the ascending channel pattern. Buyers are expected to fiercely defend the support line, as a close below it may sink the ETH/USDT pair to $1,916.The first sign of strength will be a break and close above the $2,465 resistance. The ETH price may then ascend to the resistance line, which is a critical level to watch. A break above the resistance line may catapult the pair toward $3,050.BNB price predictionBNB (BNB) rebounded off the 20-day EMA ($643) on Tuesday and reached the $687 overhead resistance on Wednesday.BNB/USDT daily chart. Source: Cointelegraph/TradingViewThe upsloping 20-day EMA and the RSI near the overbought zone signal that the bulls have the upper hand. A close above the $687 level opens the doors for a rally to $730 and later to $790.Sellers will have to tug the BNB price back below the 50-day SMA ($623) to weaken the bulls. If they manage to do that, the BNB/USDT pair may consolidate inside the $570 to $687 range for a while longer.XRP price predictionXRP (XRP) has been stuck between the downtrend line of the descending channel pattern and the moving averages for the past few days.XRP/USDT daily chart. Source: Cointelegraph/TradingViewA tight consolidation below a crucial resistance suggests that the bulls are holding on to their positions as they anticipate an upside breakout. If the downtrend line is scaled, the XRP/USDT pair may surge to $1.61. Sellers are expected to defend the $1.61 level with all their might, as a close above it signals a potential trend change. The XRP price may then soar to $2.40.Conversely, a close below the moving averages suggests that the bulls have given up. The pair may then descend to the $1.27 level, where the buyers are expected to step in.Solana price predictionSolana (SOL) turned down from the $98 resistance on Tuesday, indicating that the bears are active at higher levels.SOL/USDT daily chart. Source: Cointelegraph/TradingViewThe upsloping 20-day EMA ($89) and the RSI in the positive territory indicate an advantage to buyers. If the price rebounds off the 20-day EMA, the bulls will again attempt to pierce the $98 resistance. If they can pull it off, the SOL/USDT pair may climb to $106 and then to $117.This positive view will be negated in the near term if the SOL price continues lower and breaks below the 20-day EMA. Such a move suggests that the pair may continue to oscillate between $76 and $98 for some more time.Dogecoin price predictionDogecoin (DOGE) bounced off the 20-day EMA ($0.10) on Tuesday, indicating that the bulls are viewing the dips as a buying opportunity.DOGE/USDT daily chart. Source: Cointelegraph/TradingViewThe bulls tried to clear the $0.12 overhead hurdle but are facing significant resistance from the bears. However, if the bulls prevail, the DOGE/USDT pair may rally to $0.14 and subsequently to $0.16.Sellers are likely to have other plans. They will attempt to defend the overhead resistance and pull the DOGE price back below the 20-day EMA. If they do that, the pair may extend its stay inside the $0.09 to $0.12 range for a few more days.Hyperliquid price predictionHyperliquid (HYPE) continued lower and broke below the 50-day SMA ($40.55) on Tuesday, indicating profit-booking by short-term traders.HYPE/USDT daily chart. Source: Cointelegraph/TradingViewIf the price breaks below $38.70, it suggests that the HYPE/USDT pair may have topped out in the near term. The HYPE price may then tumble to $34.45.Buyers have an uphill task ahead of them. Any recovery attempt is expected to face selling at the 20-day EMA ($41.56) and then in the $43.76 to $45.77 zone. The bulls will have to drive and sustain the price above the $45.77 level to signal the resumption of the up move. The pair may then surge to $50.Related: Bitcoin to $100K in Q2? Strategy’s STRC unlocks potential to buy 3K BTC in two daysCardano price predictionCardano’s (ADA) pullback is attempting to find support at the 20-day EMA ($0.26), but the bears continue to exert pressure.ADA/USDT daily chart. Source: Cointelegraph/TradingViewIf the price continues lower and breaks below the moving averages, it suggests that the ADA/USDT pair may remain inside the $0.22 to $0.31 range for a few more days.Buyers will have to fiercely defend the moving averages and start a rebound off it to signal strength. The ADA price may then rise to $0.29 and later to $0.31. Sellers are expected to defend the $0.31 level, as a close above it indicates the start of a new up move. The pair may soar to $0.36 and eventually to the pattern target of $0.40.Zcash price predictionZcash (ZEC) bounced off the $560 level on Tuesday, but the bulls could not sustain momentum on Wednesday.ZEC/USDT daily chart. Source: Cointelegraph/TradingViewIf the ZEC price closes below the breakout level of $560, it signals profit booking by short-term traders. The ZEC/USDT pair may then slump to the 20-day EMA ($481). A deeper correction to $400 may begin if the 20-day EMA cracks.Contrarily, if the price bounces off the 20-day EMA with force, it suggests that the bulls remain in charge. Buyers will then make one more attempt to drive the price above the $643 level. If they succeed, the pair may surge to $750.Bitcoin Cash price predictionBitcoin Cash (BCH) fell below the moving averages and the $443 support on Tuesday, indicating that the bears have an edge.BCH/USDT daily chart. Source: Cointelegraph/TradingViewSellers will attempt to pull the BCH price to the solid support at $419. Buyers are expected to aggressively defend the $419 level, as a close below it may resume the downtrend. The next stop on the downside may be $375.Instead, if the price turns up sharply from $419 and breaks above the moving averages, it suggests that the BCH/USDT pair may remain range-bound for some more time. Buyers will be back in the driver’s seat on a close above $486.

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Price predictions 5/11: SPX, DXY, BTC, ETH, XRP, BNB, SOL, DOGE, HYPE, ADA

Key points:Bitcoin is struggling to rise above $84,000, but the bulls remain in control as long as the price remains above the 20-day EMA.Several major altcoins have pulled back, indicating that the bears remain sellers on rallies.Bitcoin (BTC) has pulled back at the start of the week, but the bulls are trying to maintain the price above $81,500. Crypto sentiment platform Santiment said in a recent report that the current ratio of bullish to bearish comments on social media is 1.5:1. That suggests the current up move may not have much legs, as rallies supported by a confident crowd tend to fizzle out faster than those amid growing skepticism.A negative sign for BTC is that it is facing rejection at the 200-day exponential moving average ($82,039). Since November 2025, every rejection at the 200-day EMA has been followed by sharp drawdowns of between 25% and 36%. If history repeats itself, BTC may see a 30% drawdown toward $56,000.Crypto market data daily view. Source: TradingViewHowever, it is not all gloom and doom for the bulls. US spot BTC exchange-traded funds have recorded six consecutive weeks of net inflows, the longest such streak since August 2025. That suggests investors anticipate the recovery to continue.Could BTC and the major altcoins stage a turnaround? Let’s analyze the charts of the top 10 cryptocurrencies to find out. S&P 500 Index price predictionThe S&P 500 Index (SPX) continued its uptrend, rising to a new all-time high of 7,423 at the time of writing the article on Monday. That shows the bulls are firmly in command.SPX daily chart. Source: Cointelegraph/TradingViewA minor risk to the continuation of the uptrend is the overbought level on the relative strength index (RSI). That suggests the markets have run up sharply in the near term and may enter a consolidation or correction. The support to watch out for on the downside is the 20-day EMA (7,169). If the price rebounds off the 20-day EMA with force, it signals that the uptrend remains intact.The first sign of weakness will be a close below the 20-day EMA. That clears the path for a drop to the 7,002 level.US Dollar Index price predictionThe US Dollar Index (DXY) failing to rise above the 20-day EMA (98.40) suggests that bears continue to exert pressure.DXY daily chart. Source: Cointelegraph/TradingViewSellers will attempt to strengthen their position by pulling the price below the 97.74 level. If they succeed, the index may slump toward the 96.21 support. That suggests the index may extend its stay inside the 95.55 to 100.54 range for some more time.Buyers will have to drive the price above the 50-day simple moving average (99) to signal a comeback. The index may then attempt a rally to the stiff overhead resistance at 100.54. Buyers will have to overcome the barrier at 100.54 to signal the start of a new uptrend.Bitcoin price predictionBuyers once again failed to propel BTC above $84,000, indicating that bears have not given up and remain active at higher levels.BTC/USDT daily chart. Source: Cointelegraph/TradingViewThe pullback is expected to find support at the 20-day EMA ($78,852). If that happens, the bulls will again attempt to overcome the $84,000 barrier. If they can pull it off, the BTC/USDT pair may ascend to $92,000 and subsequently to $97,924. Such a move suggests that the BTC price may have bottomed out at $60,000.On the contrary, if the price continues lower and breaks below the 20-day EMA, it signals profit-booking by short-term buyers. The pair may tumble toward the 50-day SMA ($74,191) and then toward the support line.Ether price predictionEther (ETH) is struggling to rise to the $2,465 overhead resistance, indicating a lack of demand at higher levels.ETH/USDT daily chart. Source: Cointelegraph/TradingViewSellers will attempt to take advantage of the situation and pull the ETH price below the moving averages. If they do that, the ETH/USDT pair may slump to the support line of the ascending channel pattern.Conversely, if the price moves sharply above the moving averages, it signals demand at lower levels. That increases the likelihood of a break above the $2,465 level. The pair may then reach the resistance line. Buyers will be back in the driver’s seat on a close above the resistance line.XRP price predictionXRP (XRP) turned down from the downtrend line on Monday, indicating that bears are attempting to keep the price within the descending channel.XRP/USDT daily chart. Source: Cointelegraph/TradingViewHowever, the long tail on the candlestick shows buying on dips. If the XRP price turns up from the current level or the moving averages, the prospects of a break above the downtrend line increase. The XRP/USDT pair may then rally to the $1.61 resistance. Sellers are expected to defend the $1.61 level with all their might, as a close above it signals a potential trend change. The pair may then march to $2.Conversely, a break below the moving averages may pull the pair to the $1.27 support. This is a vital level to watch, as a drop below $1.27 could sink the pair to $1.11.BNB price predictionBNB (BNB) has turned down from $666, indicating that the bears are vigorously defending the $687 resistance.BNB/USDT daily chart. Source: Cointelegraph/TradingView The 20-day EMA ($635) is the crucial support to watch out for on the downside. If the price turns up from the 20-day EMA, the bulls will again attempt to thrust the BNB/USDT pair above the $687 level. If they succeed, the BNB price may surge to $730 and then to $790.Sellers are likely to have other plans. They will strive to pull the price below the moving averages, keeping the pair inside the $570 to $687 range for a few more days.Solana price predictionSolana (SOL) reached near the $98 overhead resistance on Sunday, where the bears are mounting a solid defense.SOL/USDT daily chart. Source: Cointelegraph/TradingViewIf the SOL price moves above the 20-day EMA ($88), it signals positive sentiment. The bulls will then attempt to clear the $98 hurdle again. If they can pull it off, the SOL/USDT pair may soar to $117. There is resistance at $106, but it is likely to be crossed.This positive view will be invalidated in the near term if the price turns down and breaks below the moving averages. That suggests the pair may continue to oscillate between $76 and $98 for some more time.Related: XRP metrics line up bull signals for ‘full-scale rally’ to $2Dogecoin price predictionDogecoin (DOGE) bounced off the 20-day EMA ($0.10) on Sunday, but the bulls are struggling to sustain the higher levels.DOGE/USDT daily chart. Source: Cointelegraph/TradingViewThe bears will attempt to pull the price below the 20-day EMA. If they manage to do that, the DOGE/USDT pair may remain within the $0.09-$0.12 range for a while longer. The next trending move is expected to begin on a close above $0.12 or below $0.09. If bulls drive DOGE above the $0.12 resistance, the pair may rally to $0.14, then to $0.16. Alternatively, a close below the $0.09 support opens the door to a drop to $0.08, then $0.06.Hyperliquid price predictionHyperliquid (HYPE) once again turned down from the $43.76 to $45.77 zone, indicating that the bears are aggressively defending the zone.HYPE/USDT daily chart. Source: Cointelegraph/TradingViewThe 50-day SMA ($40.50) is the critical support to watch out for on the downside. If the HYPE price breaks below the 50-day SMA, the correction may deepen to $38.70 and then to $35.75. Such a move suggests that the HYPE/USDT pair may have topped out in the short term.Buyers will have to push the price above the overhead zone to signal the resumption of the uptrend. The pair may then skyrocket to $50 and later to $51.43.Cardano price predictionCardano (ADA) has been consolidating between $0.31 and $0.22, indicating a balance between supply and demand.ADA/USDT daily chart. Source: Cointelegraph/TradingViewThe 20-day EMA ($0.26) is likely to act as support on the way down. If the ADA price rebounds off the 20-day EMA, the possibility of a rally to $0.31 increases. A new uptrend may begin if bulls conquer the $0.31 level.Instead, if the ADA/USDT pair turns down from the current level or the overhead resistance and breaks below the moving averages, it suggests that the range-bound action may extend for a few more days.

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Price predictions 5/8: BTC, ETH, BNB, XRP, SOL, DOGE, HYPE, ADA, ZEC, BCH

Key points:Bitcoin needs to hold above $78,000 to avoid a trend reversal and return to $80,000 as resistance.Altcoin buyers have left the scene, keeping in step with Bitcoin’s slight correction.Bitcoin (BTC) pulled back near $79,000 on Friday, but buying at lower levels pushed the price toward $80,000. The next big question on traders’ minds is whether BTC will resume its uptrend or higher levels will again attract aggressive selling from bears. CryptoQuant analyst IT Tech said in a Thursday QuickTake note that BTC needs to rally and maintain above $88,880 for a bottom to be confirmed. Until then, the $85,000 to $88,000 range is likely to see selling by buyers who want to “get out flat.”However, Bollinger Bands creator John Bollinger has a different view. In an X post on Thursday, Bollinger said that their trend model had turned positive for BTC a day earlier and they had taken a position accordingly.Crypto market data daily view. Source: TradingViewAmong all the positives, a minor negative for the bulls is that BTC exchange-traded funds recorded $277.5 million in outflows on Thursday. That was the first net outflow in May, according to SoSoValue data. That suggests select investors have turned cautious and are booking profits near overhead resistance levels.Could BTC and the major altcoins bounce off their support levels? Let’s analyze the charts of the top 10 cryptocurrencies to find out.Bitcoin price predictionBTC pulled back from $82,850 on Wednesday, signaling that the bears are fiercely defending the $84,000 overhead resistance. BTC/USDT daily chart. Source: Cointelegraph/TradingViewThe 20-day exponential moving average ($77,929) is the critical support to watch out for on the downside. If the BTC price rebounds off the 20-day EMA with strength, it signals that the bulls are buying on every minor dip. That improves the prospects of a break above the $84,000 level. If that happens, the BTC/USDT pair may skyrocket to $92,000, then to $97,924.Sellers are likely to have other plans. They will strive to defend the $84,000 level and yank the price below $74,937. If they manage to do that, the pair may tumble to the 50-day simple moving average ($73,448) and then to the support line.Ether price predictionEther (ETH) closed below the 20-day EMA ($2,304) on Wednesday, indicating that the bulls are booking profits.ETH/USDT daily chart. Source: Cointelegraph/TradingViewThe next stop on the downside is the 50-day SMA ($2,225), followed by the support line. A solid rebound off the support line suggests the ETH/USDT pair may remain within the channel for a few more days.The first sign of strength will be a break and close above $2,465. The pair may then rise to the resistance line, where the bears are expected to step in. However, if the bulls prevail, the ETH price may soar to $3,050.BNB price predictionBNB (BNB) has pulled back toward the moving averages, suggesting bears are selling on minor rallies. BNB/USDT daily chart. Source: Cointelegraph/TradingViewIf the BNB price bounces off the moving averages with force, it increases the likelihood of a rally to the $687 level. Sellers will attempt to keep the price within the $ 570 to $ 687 range by defending the overhead resistance.On the other hand, a break and close above the $687 signals that the bulls are back in the driver’s seat. The BNB/USDT pair may rise to $730 and then to $790. Sellers are expected to pose a strong challenge at the $790 level.XRP price predictionXRP (XRP) continues to trade near the moving averages, indicating a state of equilibrium between the buyers and sellers.XRP/USDT daily chart. Source: Cointelegraph/TradingViewThe flattish moving averages and the RSI just below the midpoint do not give either bulls or bears a clear advantage. If the price turns down and breaks below the $1.27 level, the XRP/USDT pair may remain inside the descending channel pattern for a few more days.On the upside, the bulls are expected to encounter stiff resistance at the downtrend line and then at the $1.61 level. Buyers will have to overcome the $1.61 barrier to signal a potential trend change. The XRP price may then rally to $2.Solana price predictionSolana (SOL) is facing selling pressure at the $90.73 level, but a positive for the bulls is that they have not ceded much ground to the bears.SOL/USDT daily chart. Source: Cointelegraph/TradingViewThe bulls will again attempt to push the SOL price above $90.73. If they succeed, the SOL/USDT pair may surge to $98. Sellers are expected to vigorously defend the $98 level, as a close above it may catapult the pair to $117.Contrary to this assumption, if the price turns down and breaks below the moving averages, it suggests that the pair may remain inside the tight range for a while longer. A break below the $82.65 level opens the doors for a fall to $76.Dogecoin price predictionDogecoin (DOGE) declined sharply from the $0.12 resistance level on Wednesday, indicating profit-taking by short-term traders.DOGE/USDT daily chart. Source: Cointelegraph/TradingViewThe 20-day EMA ($0.10) is the critical support level to watch in the near term. If the DOGE price turns up sharply from the 20-day EMA, the bulls will again attempt to pierce the $0.12 resistance. If they manage to do that, the DOGE/USDT pair may rally to $0.14, then to $0.16.Conversely, a break and close below the 20-day EMA suggest that the pair may remain within the $0.09 to $0.12 range for a few more days.Hyperliquid price predictionHyperliquid (HYPE) turned down from the $43.76 to $45.77 zone on Wednesday, indicating aggressive selling by the bears.HYPE/USDT daily chart. Source: Cointelegraph/TradingViewThe HYPE price pulled back to the 20-day EMA ($41.69), an important level to watch. If the price turns up sharply from the 20-day EMA, the bulls will again endeavor to clear the overhead hurdle. If they manage to do that, the HYPE/USDT pair may surge to $50.This bullish view will be invalidated in the near term if the price continues lower and breaks below the 50-day SMA ($40.29). The pair may then descend to $34.45.Related: Four signs that show Ethereum’s rally is exhausted at $2.4KCardano price predictionCardano (ADA) continues to oscillate within the broad range of $0.22 to $0.31, indicating a balance between supply and demand.ADA/USDT daily chart. Source: Cointelegraph/TradingViewThe 20-day EMA ($0.25) has begun to turn up gradually, and the RSI is in positive territory, indicating a slight edge for the bulls. If the price turns up above the moving averages, the bulls will attempt to drive the ADA/USDT pair to $0.30 and, later, to the stiff overhead resistance at $0.31.Contrarily, a break below the moving averages suggests that the bulls are losing their grip. The bears will then strive to pull the ADA price to the $0.22 support.Zcash price predictionZcash (ZEC) broke above the $560 resistance on Wednesday, but the bears stalled the rally at $607.ZEC/USDT daily chart. Source: Cointelegraph/TradingViewThe shallow pullback is a positive sign, as it indicates the bulls are not rushing to close their positions. That improves the prospects of the continuation of the uptrend. If the ZEC/USDT pair breaks above $607, the next target is likely $750.On the downside, support lies at the 38.2% Fibonacci retracement level at $496, then at the 50% retracement level at $462. Sellers will be back in the driver’s seat on a close below the 61.8% retracement level of $428.Bitcoin Cash price predictionBitcoin Cash (BCH) turned down sharply from $486 on Wednesday, suggesting bears are aggressively defending the level.BCH/USDT daily chart. Source: Cointelegraph/TradingViewThe flattish 20-day EMA ($450) and the RSI near the midpoint suggest that the BCH/USDT pair may remain inside the $419 to $486 range for some more time.The next trending move is expected to begin on a close above $486 or below $419. If buyers secure a close above $486, the BCH price may start an up move to $520. Alternatively, a close below the $419 support signals the resumption of the next leg of the downtrend toward $375.

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