Expert technical analysis and price predictions for Bitcoin, Ethereum, and other major cryptocurrencies.
Bitcoin is showing strong support above $95,000 with key technical indicators suggesting potential for further upside.
Bitcoin is showing strong support above $95,000 with key technical indicators suggesting potential for further upside. The cryptocurrency has formed a bullish pattern on the daily chart that could propel prices toward the $105,000 level if market conditions remain favorable.
Ethereum has successfully broken above the critical $5,800 resistance level, opening the path for a potential move toward $6,500. The second-largest cryptocurrency by market cap is showing strong momentum with increasing trading volume and positive on-chain metrics.
Solana has been one of the top performers this week with a 15% price increase, outperforming both Bitcoin and Ethereum. Technical indicators suggest that SOL could continue its upward trajectory toward the psychologically important $200 level if it maintains its current momentum.
Cardano is struggling to break above the $1.25 resistance level despite multiple attempts over the past week. The cryptocurrency needs to overcome this key barrier to continue its upward movement, but technical indicators show mixed signals about near-term price action.
Binance Coin is testing a critical support level around $640 after a period of consolidation. The exchange token needs to hold this level to prevent further downside, while a bounce could lead to a retest of recent highs. Trading volume has been declining, suggesting a major move may be imminent.
XRP has formed a bullish inverse head and shoulders pattern on the daily chart, suggesting a potential breakout toward the $1.50 level. The cryptocurrency has been consolidating for several weeks, but recent price action and increasing volume indicate that a significant move may be approaching.
Polkadot is approaching a key resistance level at $13.50 after a period of steady gains. A successful breakout above this level could open the path toward $15 and beyond. Technical indicators are turning bullish, with the MACD showing increasing momentum and the RSI still below overbought territory.
Avalanche has successfully broken out of a descending channel pattern that had been containing its price for the past month. This technical breakout suggests a potential move toward the $50 level if bulls can maintain momentum. Trading volume has increased significantly during the breakout.
Chainlink has seen a significant price surge following announcements of major new partnerships and increased oracle adoption. The cryptocurrency is now approaching the important $20 level, with technical indicators suggesting that this rally has room to continue if market conditions remain favorable.
Polygon's price chart has formed a golden cross pattern as the 50-day moving average crosses above the 200-day moving average. This technical signal is traditionally considered bullish and could indicate positive price action in the coming weeks. Support levels have also strengthened recently.