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Key points:
The embossed bitcoin rally has risen above $ 108,000, but the bulls can try to push and keep the price over a maximum of $ 111,980.
Several main altcoins have been reflected from their recent minimum, but they do not find buyers at higher levels.
Bitcoin’s (BTC) The relief assembly that began on Monday after the announcement of US President Donald Trump ” between Israel and IranIt increased over $ 108,000, indicating the permanent demand of bulls.
Institutional investors did not stop buying despite the growing geopolitical tension in the last few days, as seen from 11 consecutive days of tide to American funds to exchange bitcoins (ETF). According to Farside Investors’, the ETF attracted the tide of $ 3.35 billion from June 9.
It seems that bitcoins attack the historic maximum at $ 111,980, but cryptocurrency markets may require the catalyst to keep at higher levels. The absence of trigger triggering can extend the stay of bitcoins inside the range even more time.
Could bitcoins break out on a new historically high and pull altcoins above? Let’s analyze graphs of the 10 best cryptocurrencies that need to be ascertained.
Bitcoin appeared sharply from $ 100,000 on Monday and rose above the moving averages, indicating a solid purchase at lower levels.
The 20 -day exponential gliding average ($ 105,154) began to appear and the relative force index (RSI) jumped into a positive area and signaled that the bulls were back in the game. Sellers are expected to prevent the zone between the line descending and historically a maximum of $ 111,980.
If the price refuses from the zone above the head but finds support for 20 days, it indicates that the bulls are buying a decline. The bulls then try to clean the upper zone again.
On the contrary, the image below the moving diameters suggests that a couple BTC/USDT can consolidate between $ 111,980 and $ 98,200 for a while.
Ether (Eth) on Sunday appeared from the level of $ 2,11 and reached 20 -day EMA ($ 2,473) on Tuesday.
The 20 -day EMA is flattened and RSI is just below the center, indicating a balance between supply and demand. If the price increases above moving averages, a few ETH/USDTs could collected to $ 2,738 and then to $ 2,879.
Unlike this assumption, if the price decreases from the 20 -day EMA and falls under $ 2,323, it is signals that sell to the assembly. The couple can re -test solid support at $ 2,11.
XRP (XRP) Sharp Bounce from support 2 $ on Monday suggests that the bulls strongly prevent the level.
Both movable averages flattened and RSI is near the center, indicating that action bound to a range between $ 2 and $ 2.65 can continue several more days.
Another trend move is likely to start if the buyer drives a price over $ 2.65 or retailer pulls a pair of XRP/USDT under $ 2. If $ 2 support is reduced, the couple can be reduced to a level of $ 1.61. On the other hand, a break over $ 2.65 will clean the path for rally to $ 3 and then to $ 3.40.
BNB (BNB) On Sunday it appeared from the support line of the descending channel and reached the line of resistance on Wednesday.
If the buyers do not give up many land from the line of resistance, the prospects of a break over the channel are improving. A pair BNB/USDT could get off at $ 675 and then to $ 698.
On the other hand, a break below $ 625 suggests that bears aggressively prevent the line of resistance. The pair can then start a support line near $ 580 and extend the stay inside the channel for a few more days.
Solana (Sol) on Sunday appeared from $ 126 and broke over Monday above the level of decomposition $ 140.
The recovery faces sales at 20 -day EMA ($ 147), but the positive sign is that the bulls do not allow the price to slip below $ 140. A shallow move-back increases the possibility of a break over a 20-day EMA. If this happens, the SOL/USDT pair could climb to a 50 -day SMA ($ 160).
Sellers will have to pull out and keep the price below a $ 140 support to avoid upward. The couple could then drop to $ 123 and finally $ 110.
Dogecoin (DOGE) On Sunday he reflected support of $ 0.14, but the relief assembly may face sales for 20 -day EMA ($ 0.17).
If the price from the 20 -day EMA sharply decreases, Bears will try to pull out a couple DOGE/USDT below $ 0.14. If they succeed, the couple could be a fixed support for $ 0.10.
Alternatively, if the buyer moves the price above 20 days, the next stop could be a 50 -day SMA ($ 0.20). Sellers will try to stop recovery to 50 -day SMA and keep a pair inside the range of 0.14 to 0.21 $ for more time.
Cardano (Ada) On Sunday, it was reflected in support of $ 0.50, but the recovery is likely to face sales in moving averages.
If the price decreases from the 20 -day EMA ($ 0.61), it suggests that the bears sell for every smaller rally. This increases the risk of a break below $ 0.50 support. If this happens, the couple ADA/USDT could drop to $ 0.40.
Instead, if the buyer punctures 20 -day EMA, the couple could achieve a 50 -day SMA ($ 0.69). The seller is expected to defend the zone between a 50 -day SMA and the line descending, but if the bulls predominate, the couple signals the potential change of trend.
Related: Ethereum ‘Death Cross’ flashes for the first time since 2022 ETH Price Crash
Hyperliquide (hype) was reflected on Monday a 50 -day SMA ($ 33.37) and increased above 20 -day EMA ($ 37,13).
If the buyers keep the price above 20 days EMA, a few hype/USDT could rise to $ 42.50. The buyer may be difficult to move the price above the resistance zone $ 42.50 to $ 45.80.
On the other hand, the break below the 20 -day EMA signals the lack of buyers at higher levels. This opens the door for a drop to a 50 -day SMA and later to support for $ 30.50.
Bitcoin cash (Bch) Wednesday appeared from the 20 -day EMA ($ 450), indicating that the buyer continues to attract lower levels.
The price has reached a direct resistance of $ 500, where the bears are expected to mount strong defense. However, if the buyer does not interfere with bears, it increases the likelihood of a break over $ 500. If this happens, the BCH/USDT pair could increase to $ 550.
This positive view will be invalidated in the near future if the price decreases and falls below the 50 -day SMA ($ 424). The couple can then dive into $ 375.
Sui (Sui) It appeared sharply on Monday and on Tuesday reached 20 -day EMA ($ 2.94), where bears represent a tough challenge.
Reducing 20 -day EMA and RSI on the negative territory of the signal that bears playing. Sellers will try to pull the price towards support of $ 2,29 to $ 2, but the buyer is likely to have other plans.
The bulls try to arrest a decline and move the price above 20 days EMA. If they succeed, a couple SUI/USDT could climb to a 50 -day SMA ($ 3.39). Such a step suggests that the repair may end.
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.