INSUBCONTINENT EXCLUSIVE:
That has pulled the price near $108,000
Crypto analyst Daan Crypto Trades said in a post on X that a close above $110,000 would be good for Bitcoin, but a drop below $108,000 could
price above the all-time high
Prediction service Kalshi expects the US national debt to reach $40 trillion in 2025, a massive increase from $23.2 trillion in 2020
Source: Coin360Although most analysts are bullish on the continuation of the bull market, crypto analyst Rekt Capital cautioned in a recent
price predictionBuyers tried to push Bitcoin above the $110,500 resistance on Thursday, but the bears held their ground.BTC/USDT daily chart
Source: Cointelegraph/TradingViewSellers have pulled the price back below the downtrend line, which is a negative sign
Buyers are expected to fiercely defend the moving averages because if they fail in their endeavor, the BTC/USDT pair could slump to $105,000
and later to psychological support at $100,000.Instead, if the price rebounds sharply from the moving averages, it suggests a positive
That improves the likelihood of a rally to the all-time high at $111,980 and then to the neckline of the inverse head-and-shoulders pattern
near $113,500.BTC/USDT 4-hour chart
Source: Cointelegraph/TradingViewThe pair has dipped to the 50-simple moving average (SMA) on the four-hour chart, where the bulls are
trying to arrest the pullback
If the price turns up from the current level and breaks above the downtrend line, it signals demand at lower levels
The bulls will again try to shove the pair above $110,500
If they do that, the possibility of a rally to $113,500 increases.On the contrary, if the price sustains below the 50-day SMA, it signals
profit-booking by short-term buyers
The pair then risks a fall to $105,000
Buyers are expected to defend the $105,000 level with all their might because a close below it may extend the decline to $100,000.BNB price
predictionBNB (BNB) rebounded off the breakout level on Wednesday and broke above the 50-day SMA ($654).BNB/USDT daily chart
Source: Cointelegraph/TradingViewThe bears are trying to pull the price below the moving averages, but the bulls are expected to defend the
If the price turns up from the moving averages and rises above $665, the BNB/USDT pair could rally to $675
Sellers will again try to halt the up move at $675, but if the bulls prevail, the pair may reach $698.This optimistic view will be negated
in the near term if the price breaks below the moving averages and re-enters the descending channel
That signals the markets have rejected the breakout above the channel.BNB/USDT four-hour chart
Source: Cointelegraph/TradingViewThe bears have pulled the price to the 50-day SMA on the four-hour chart
The flattening 20-day exponential moving average (EMA) and the relative strength index (RSI) just below the midpoint do not give a clear
advantage either to the bulls or the bears.Buyers will have to propel the pair above $665 to gain the upper hand
The pair may then rally to $675 and later to $698
Alternatively, a break below the moving averages suggests the bulls are losing their grip
The pair may then slip to $640.Solana price predictionThe repeated failure of the bulls to clear the $159 hurdle in Solana (SOL) started a
pullback below the 20-day EMA ($148).SOL/USDT daily chart
Source: Cointelegraph/TradingViewThe flattish 20-day EMA and the RSI just below the midpoint signal a balance between supply and demand
That clears the path for a rally to $168 and then to $185.Contrarily, a close below the 20-day SMA suggests the bears have overpowered the
The pair may slump to the crucial support at $140
This is an essential level for the bulls to defend because a break below it may sink the pair to $126.SOL/USDT 4-hour chart
Source: Cointelegraph/TradingViewThe failure of the bulls to defend the 50-day SMA on the four-hour chart is a negative sign
The pair could fall to $145, which is an important level to keep an eye on
If the price rebounds off $145 with strength, it signals buying on dips
The bulls will then attempt to kick the pair to $159
A close above $159 will complete a bullish inverse H&S pattern, which has a target objective of $192.Conversely, a drop below $145 could
Buyers are expected to fiercely defend the $137 level because a break below it may tug the pair to $130.Related: Bitcoin's third flop at
$110K puts bulls at risk: BTC price levels to watchChainlink price predictionChainlink (LINK) rose above the 20-day EMA ($13.32) on
Wednesday, but the bulls could not pierce the 50-day SMA ($14.09) on Thursday
That suggests that bears are active at higher levels.LINK/USDT daily chart
Source: Cointelegraph/TradingViewThe LINK/USDT pair could drop to $12.73, which is an important level to watch out for
If the price rebounds off $12.73 with strength, the bulls will again try to propel the pair above the 50-day SMA
If they manage to do that, the pair could surge to $15.66 and thereafter to $18.Contrary to this assumption, if the price extends its slide
and breaks below $12.73, it suggests that the bears are trying to seize control
The pair may fall to $12.73, where the bulls are expected to mount a strong defense
If the price turns up from $12.73, the bulls will again attempt to drive the pair above $14.10
If they do that, the pair could rally to $15.77.Instead, a break and close below $12.73 may accelerate selling
The pair could then descend to $11.50.Aave price predictionAave (AAVE) is facing resistance at $286, but a positive sign is that the bulls
have not allowed the price to dip below the moving averages.AAVE/USDT daily chart
Source: Cointelegraph/TradingViewThe upsloping moving averages signal an advantage to buyers, but the RSI near the midpoint indicates the
bullish momentum is weakening
If the price rebounds off the moving averages with strength, the bulls will try to drive the AAVE/USDT pair above $286
If they can pull it off, the pair may jump to $325.This positive view will be invalidated if the price continues to fall and breaks below
Such a move indicates that the bulls have given up
The pair may dip to $240 and subsequently to $220.AAVE/USDT 4-hour chart
Source: Cointelegraph/TradingViewThe pair turned down from $286, indicating that the bears are aggressively defending the level
If the price rebounds off the uptrend line and rises above the 20-day EMA on the four-hour chart, it signals solid demand at lower levels
The bulls will again try to push the pair above $286
If they succeed, the pair could rally to $295 and then to $310.A break below the uptrend line suggests the bulls are losing their grip
The pair may then plummet to $248, which is a critical support level to watch out for
If the $248 level cracks, the pair may nosedive to $220.This article does not contain investment advice or recommendations
Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
