Price predictions 10/22: BTC, ETH, BNB, XRP, SOL, DOGE, ADA, HYPE, LINK, XLM

1 day ago

Key points:

Bitcoin bulls are attempting to prolong the terms supra $107,000, but the bears person continued to exert selling pressure.
The betterment successful astir large altcoins has fizzled out, indicating that the bears proceed to merchantability connected insignificant rallies.

Buyers person managed to support Bitcoin (BTC) supra the captious $107,000 enactment level, but the deficiency of a coagulated rebound suggests that the bears person maintained their pressure. The short-term uncertainty has divided the analysts connected BTC’s adjacent directional move.

Standard Chartered’s planetary caput of integer assets research, Geoff Kendrick, told Cointelegraph that BTC remains connected way to hit $200,000 by the extremity of 2025. Kendrick believes the investors volition see the caller sell-off arsenic a buying opportunity, propelling BTC higher.

Dogecoin, Cryptocurrencies, Stellar, Bitcoin Price, XRP, Markets, Cryptocurrency Exchange, Cardano, Price Analysis, Chainlink, Market Analysis, Ether Price, Solana, BNB

On the different extremity of the spectrum is seasoned trader Peter Brandt, who sees similarities betwixt BTC’s illustration and the soybean marketplace of the 1970s, which nosedived 50% aft planetary proviso exceeded demand. Brandt told Cointelegraph that BTC is forming a broadening apical illustration pattern, “famous for tops,” which could pull the terms down to astir $60,000.

What are the captious enactment levels to ticker retired for successful BTC and the large altcoins? Let’s analyse the charts of the apical 10 cryptocurrencies to find out.

Bitcoin terms prediction

BTC rallied sharply connected Tuesday, but the bears chopped abbreviated the betterment effort astatine the 50-day elemental moving mean ($114,137).

Sellers volition effort to fortify their presumption by pulling the Bitcoin terms beneath the $107,000 support. If they succeed, the hazard of a driblet successful the intelligence enactment of $100,000 increases. Buyers are expected to support the $100,000 level with each their mightiness due to the fact that the nonaccomplishment to bash truthful could commencement a caller downtrend.

The archetypal motion of spot volition beryllium a interruption and adjacent supra the $116,000 level. That suggests the BTC/USDT brace could stay wrong the $107,000 to $126,199 scope for immoderate much time.

Ether terms prediction

Ether (ETH) turned down from the 20-day exponential moving mean ($4,062) connected Tuesday, signaling the bears are selling connected insignificant rallies.

The bears volition effort to descend the Ether terms beneath the enactment enactment of the descending transmission pattern. If they negociate to bash that, the selling could prime up, and the ETH/USDT brace risks dropping to $3,350.

Buyers volition person to thrust the terms supra the moving averages to suggest that the brace could stay wrong the transmission for a portion longer. The bulls volition summation the precocious manus connected a adjacent supra the absorption line.

BNB terms prediction

BNB (BNB) has been trading betwixt the moving averages since Friday, indicating a pugnacious conflict betwixt the bulls and the bears.

The downsloping 20-day EMA ($1,122) and the RSI successful the antagonistic territory bespeak a flimsy borderline to the bears. A adjacent beneath the 50-day SMA ($1,041) signals the commencement of a caller downtrend to $932.

Contrarily, a adjacent supra the 20-day EMA indicates that the bulls person overpowered the bears. That opens the doors for a alleviation rally to the 50% Fibonacci retracement level of $1,198.

XRP terms prediction

XRP’s (XRP) bounce disconnected the $2.30 enactment fizzled retired astatine the 20-day EMA ($2.55) connected Tuesday, indicating a antagonistic sentiment.

The bears volition effort to physique upon their vantage by pulling the XRP terms beneath the $2.19 enactment level. If they tin propulsion it off, the XRP/USDT brace whitethorn tumble to $2.06 and subsequently to $1.90.

Buyers volition person to swiftly thrust the terms supra the 20-day EMA to awesome a comeback. The brace whitethorn past ascent to the 50-day SMA ($2.79) and aboriginal to the downtrend line. A adjacent supra the downtrend enactment suggests the extremity of the corrective phase. The brace whitethorn past ascend toward $3.38.

Solana terms prediction

Solana (SOL) turned down from the 20-day EMA ($198) connected Tuesday, indicating that the bears are attempting to clasp control.

The SOL/USDT brace could descent to the enactment enactment of the descending transmission pattern, wherever the buyers are expected to measurement in. The bulls volition person to thrust the Solana terms supra the 20-day EMA to suggest that the brace whitethorn stay wrong the transmission for a portion longer. A caller up determination could statesman connected a adjacent supra the absorption line.

Sellers are apt to person different plans. They volition effort to descend the terms beneath the enactment line. If they tin propulsion it off, the brace could plunge to $155 and past to $145.

Dogecoin terms prediction

Dogecoin (DOGE) failed to emergence supra the 20-day EMA ($0.21), indicating that the bears are selling connected insignificant rallies.

The Dogecoin terms could dip to $0.18, which is simply a important enactment to ticker retired for. If bears propulsion the DOGE/USDT brace beneath $0.18, the adjacent halt is apt to beryllium $0.16 and yet $0.14.

Contrary to this assumption, if the terms turns up sharply and breaks supra the 20-day EMA, it suggests that the selling unit is reducing. The brace could ascent to the 50-day SMA ($0.23) and aboriginal to the stiff overhead absorption astatine $0.29.

Cardano terms prediction

Cardano’s (ADA) betterment effort could not adjacent scope the 20-day EMA ($0.70), indicating a deficiency of request astatine higher levels.

The bears volition effort to summation their vantage by pulling the Cardano terms beneath the $0.59 support. If they succeed, the ADA/USDT brace could plummet to the captious enactment astatine $0.50. Buyers are expected to support the $0.50 level with each their mightiness due to the fact that a adjacent beneath it clears the way for a autumn to $0.40.

This antagonistic presumption volition beryllium invalidated successful the adjacent word if the terms turns up and rises supra the breakdown level of $0.75. The brace whitethorn past ascent to the downtrend line.

Hyperliquid terms prediction

Hyperliquid (HYPE) turned down from the neckline of the head-and-shoulders pattern, indicating that the bears stay successful control.

The downsloping 20-day EMA ($40.09) and the RSI successful the antagonistic territory summation the likelihood of further downside. There is enactment astatine $33.28, but if the level cracks, the HYPE/USDT brace could descend to $30.50 and past to $28.

The bulls volition person to thrust and support the Hyperliquid terms supra the neckline to awesome that the selling unit is reducing. The brace whitethorn rally to the 50-day SMA ($46.42) and past to $51.

Chainlink terms prediction

Chainlink (LINK) dipped adjacent the enactment enactment of the descending transmission signifier aft buyers failed to propulsion the terms supra the 20-day EMA ($19.02).

Sellers volition effort to descend the terms beneath the enactment enactment and retest the $15.43 level. Repeated retest of a enactment level tends to weaken it. If the $15.43 level gives way, the Chainlink terms whitethorn tumble to $12.73.

The bulls volition person to propulsion and prolong the terms supra the 20-day EMA to bespeak strength. The LINK/USDT brace could past rally to the absorption line, wherever the bears are expected to merchantability aggressively.

Stellar terms prediction

The bears stalled Stellar’s (XLM) alleviation rally adjacent the 20-day EMA ($0.34) connected Tuesday, indicating a antagonistic sentiment.

The XLM/USDT brace risks falling to $0.29, which is simply a captious enactment to ticker retired for. If the $0.29 enactment breaks down, the selling could accelerate, and the Stellar terms whitethorn diminution to $0.25.

Buyers volition person to propulsion and support the terms supra the breakdown level of $0.34 to awesome strength. The brace could past emergence to the downtrend line, wherever the bears are expected to airs a beardown challenge. A adjacent supra the downtrend enactment signals a imaginable inclination change.

This nonfiction does not incorporate concern proposal oregon recommendations. Every concern and trading determination involves risk, and readers should behaviour their ain probe erstwhile making a decision.

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