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Key points:
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Bitcoin remains strong if it stays above $ 110,530.
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Bitcoins, which break into a new historical maximum, have attracted a purchase in selected altcoins such as ETH, Hype, UNI and SEI.
Bitcoin (BTC) He was on the role and on Friday rose over $ 118,800, indicating a permanent purchase of bulls and short bears. Coinglass data shows this roughly $ 570 million in short positions BTC were liquidated on Thursday.
Another positive thing is that American funds traded with bitcoins traded The second largest daily tide of $ 1.17 billion Thursday, according to data on investors Farside. This suggests that institutional investors expect BTC to be a step to continue.
AXEL AXEL ADLER JR’s market analyst said in the X contribution that the study of market value to the oscillator of the realized value (MVRV) and its data has shown over the past four years that the distribution begins when the MRVV hits the brand 2.75. That corresponds to about $ 130,900 per bitcoins.
Could Bitcoin extend his uptrend and pull out selected altcoins above? Let’s analyze the charts of the top five cryptocurrencies that look strong on the charts.
Prediction of bitcoin price
The BTC finished the bull inverse pattern of the head and shoulders (H&S) after breaking over the neckline on Thursday.
Usually, after escaping from the pattern, the price decreases and repeats the level of escape. If a couple BTC/USDT turns from the neckline, it indicates that the bulls have turned the level into support. This increases the likelihood of continuing up -to -line towards the target of $ 150,000.
The first sign of weakness will be a break and just below the neckline. This signals a profit reservation at higher levels. Bears will have to pull the price below a 50 -day simple gliding average (SMA) ($ 106,981) to get the upper hand.
The price appeared sharply from $ 110,530 and broke over the neckline. The UP movement has shifted the relative force index (RSI) to an exaggerated area on a four -hour chart. This increases the possibility of short -term correction or consolidation. If the price keeps over the neckline, uptrend could reach $ 123,000.
This optimistic view will be negated in the near future if the price decreases sharply and falls under support of $ 110,530.
Prediction of ETH price
Ether (Eth) On Tuesday, it gathered sharply from 20 days of exponential gliding average (EMA_ ($ 2,613) and rose above 2,879 on Thursday.
The 20 -day EMA has appeared and RSI is exaggerated in the zone, suggesting that the bulls have the upper hand. There is a minor resistance to $ 3,153, but if the level is exceeded, a few ETH/USDTs could rise to $ 3,400 and then $ 3,750.
The first support at the disadvantage is $ 2,879 and then to $ 2,733. Sellers will have to pull the price below $ 2,733 to capture aggressive bulls. Until then, any minor decline will be considered an opportunity to buy.
RSI jumped into the Overbeought zone on a four -hour chart, indicating short -term consolidation or correction. The couple could pull back to $ 2,879, where the buyer is expected to enter. If the price reflects with a force of $ 2,879, it suggests that the bulls are trying to turn the level into support. This improves the prospects of continuing uptrend.
Short -term buyers can book profits if the price drops below $ 2,879. The couple can then descend to 20 -day EMA.
Prediction of the Humbuk Price
Hyperliquide (hype) was reflected on Tuesday from a 50 -day SMA ($ 37.66) and after breaking over 20 days EMA ($ 39.69) raised momentum.
The 20 -day EMA and RSIs near the converted zone suggest that the path of the least resistance is up. If the buyer keeps the price above $ 45.80, the H&S formula will be invalled. The failure of the bear settings is a bull sign that could eject the price to $ 50 and later to $ 60.
Sellers will have to endure the price below 50 days to stop bull dynamics. A pair of hype/USDT may then fall to $ 30.70.
The couple witnesses a hard battle between bulls and bears of $ 45.80. If the price decreases, it is likely that it will find support at 38.2% level Fibonacci retracement of $ 42.83 and then on 20 -day EMA. The strong reflection of the 20 -day EMA increases the possibility of a break over $ 46.46. The couple can then rise to $ 50.
On the contrary, a break and tight below the 20 -day EMA suggests that the bulls reserve profits. The pair may drop to a 50 -day SMA and then to $ 37.
Related: Here’s what happened today in a crypt
Uni prediction price
Ugap (Uni) forms a number of higher maximums and higher minimums, which indicates a potential change in trend.
Both moving averages were inclined and RSI is in a positive zone, suggesting that the buyers have a edge. There is a resistance to $ 8.64, but the close to it opens the door for rally at $ 10.36. Sellers will try to stop the assembly to $ 10.36, but if the buyers do not allow the price down the road down below $ 8.64, a few UNI/USDT could rise to $ 13.
This bull’s view will be invalidated in the near future if the price decreases and falls under 50 -day SMA ($ 7).
The couple was released from the resistance of $ 8.64 and signaled the continuation of the movement of up. If the price keeps over $ 8.64, the couple could grow to $ 10.
Sellers are likely to have other plans. Will try to download the price back below the escape level $ 8.64. If they can pull it out, the couple could slide on the 20 -day EMA. A strong reflection of the 20 -day EMA suggests a purchase on decreases. The bulls then try to restore uptrend again.
Sales could speed up if the price decreases and disintegrated below 20 days EMA. That could sink a couple on a 50 -day SMA.
You are a prize prediction
Be (BE) On Thursday, it appeared sharply from the 20 -day EMA ($ 0.26) and reached a direct resistance of $ 0.34.
The 20 -day EMA and RSI subscroping indicates an advantage for buyers in the converted zone. Near above a resistance of $ 0.34, another foot of uptrend could start up to $ 0.44.
Immediate support at the disadvantage is $ 0.29. If the price decreases from $ 0.34 but finds support to $ 0.29, it suggests that the positive sentiment remains intact. The bulls will again try to drive a couple SEI/USDT over the resistance of directing. Sellers will have to pull the price below 20 -day EMA to signal comeback.
The four -hour chart shows that the couple has released from 0.24 to $ 0.34, but the bulls are trying to maintain higher levels. The level of the exaggerated RSI indicates correction or consolidation in the near future. If the price appears from the current level or from the support of $ 0.31, Bulls will try to drive a couple to $ 0.44 again.
On the contrary, a break and just below $ 0.31 could dive into $ 0.29. This suggests that the couple can remain between $ 0.24 to $ 0.34 for a while.
This article does not contain investment counseling or recommendations. Every investment and business step includes a risk and readers should do their own research in decision -making.
