Price predictions 5/14: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, SUI, LINK, AVAX

1 month ago

Key points:

Bitcoin remains supra $100,000, but buyers are struggling to prolong prices supra $105,000.
Strong altcoin performances suggest an altseason has started.

Bitcoin (BTC) is trading supra $103,000, with buyers attempting to thrust the terms to the all-time precocious of $109,588. Research steadfast Santiment said successful a station connected X that Bitcoin whales and sharks, holding 10 to 10,000 Bitcoin, accumulated 83,105 Bitcoin successful the past 30 days, suggesting that “it whitethorn beryllium a substance of time” earlier Bitcoin's all-time precocious is taken out.

Along with Bitcoin, analysts are besides gradually turning affirmative connected altcoins. A big of factors, specified arsenic falling Bitcoin and USDT dominance and a rally successful prime altcoins, suggest that an altcoin play whitethorn beryllium astir the corner.

However, not everyone is bullish successful the abbreviated term. Alphractal CEO Joao Wedson said successful a station connected X that Bitcoin is astatine the “Alpha Price” zone, which could pull profit booking by semipermanent holders oregon whales.

Could Bitcoin situation the all-time high? Will altcoins proceed their rally adjacent if Bitcoin consolidates? Let’s analyse the charts of the apical 10 cryptocurrencies to find out.

Bitcoin terms prediction

Bitcoin rebounded disconnected $100,718 connected May 12, indicating that the bulls are trying to flip the psychologically important $100,000 level into support.

If the terms maintains supra $100,000, the anticipation of a retest of the all-time precocious increases. There is stiff absorption successful the $107,000 to $109,588 zone, but if it is crossed, the BTC/USDT brace could skyrocket to $130,000.

The hazard to the upside is simply a crisp pullback beneath the 20-day exponential moving mean ($98,407), which could tempt respective short-term buyers to publication profits. That could descend the brace to the 50-day elemental moving mean ($89,952).

Ether terms prediction

Ether (ETH) skyrocketed supra the $2,550 absorption connected May 13, but the higher levels are attracting sellers.

The overbought level connected the RSI signals a imaginable correction oregon consolidation successful the adjacent term. If the terms slips beneath $2,550, the bears volition effort to fortify their presumption by pulling the ETH/USDT brace beneath $2,400. If they tin propulsion it off, the brace could widen the pullback to the 20-day EMA ($2,147).

Contrarily, a bounce disconnected $2,550 indicates that the bulls are buying connected each insignificant dip. That enhances the likelihood of a rally to $3,000.

XRP terms prediction

XRP’s (XRP) rally is facing absorption astatine $2.65, but a affirmative motion is that the bulls person not ceded crushed to the bears.

That improves the prospects of a rally supra $2.65. Once the absorption is scaled, the XRP/USDT brace could ascend to $3. Buyers are expected to look important absorption from the bears successful the $3 to $3.40 zone.

The 20-day EMA ($2.32) is the captious enactment to ticker retired for connected the downside. If the terms turns down sharply from $2.65 and breaks beneath the 20-day EMA, it suggests that bears stay sellers connected rallies. That could effect successful a scope enactment betwixt $2.65 and $2.

BNB terms prediction

Buyers person kept BNB (BNB) supra the breakout level of $644 but are struggling to propulsion the terms supra the $675 level.

The rising 20-day EMA ($627) and the RSI successful the affirmative territory bespeak that buyers person an edge. A interruption and adjacent supra $675 opens the doors for a imaginable rally to the overhead absorption of $745.

This affirmative presumption volition beryllium invalidated successful the adjacent word if the terms turns down and breaks beneath the 20-day EMA. If that happens, the BNB/USDT brace could descend to the 50-day SMA ($603).

Solana terms prediction

Solana (SOL) resumed its up determination aft breaking supra the $180 absorption connected May 13, but the bulls are struggling to clasp connected to the higher levels.

The bears person pulled the terms backmost beneath $180 connected May 14. If they prolong the little levels, the SOL/USDT brace could skid to the 20-day EMA ($159). A coagulated bounce disconnected the 20-day EMA suggests the bullish momentum remains intact. The bulls volition past effort to catapult the brace to $210.

Contrarily, a interruption and adjacent beneath the 20-day EMA signals that the breakout supra $180 whitethorn person been a bull trap. The brace whitethorn past tumble to $153.

Dogecoin terms prediction

Dogecoin (DOGE) bounced disconnected the breakout level of $0.21 connected May 13, signaling that the bulls are trying to flip the level into support.

The 20-day EMA ($0.20) has started to crook up, and the RSI is adjacent the overbought territory, indicating vantage to buyers. A interruption and adjacent supra $0.26 signals the resumption of the rally. That opens the doors for a rally to $0.28 and thereafter to $0.31.

Instead, if the terms turns down and breaks beneath $0.21, it suggests a deficiency of request astatine higher levels. The DOGE/USDT brace whitethorn past slump to the 50-day SMA ($0.17), which is apt to enactment arsenic beardown support.

Cardano terms prediction

Buyers person successfully held the retest of the neckline successful Cardano (ADA), indicating buying connected dips.

The bulls volition effort to resume the up determination by pushing the terms supra $0.86. If they negociate to bash that, the ADA/USDT brace could prime up momentum and rally toward the signifier people of $1.01.

This optimistic presumption volition beryllium negated successful the adjacent word if the terms turns down and breaks beneath the neckline. That suggests the bears person overpowered the bulls. That could descend the brace to the 50-day SMA ($0.68).

Sui terms prediction

Sui (SUI) has been sandwiched betwixt $4.25 and $3.90 for the past fewer days, indicating that the bulls are holding connected to their positions arsenic they expect different limb higher.

If buyers propel the terms supra $4.25, the SUI/USDT brace could prime up momentum and surge to $5. Buyers whitethorn find it hard to wide the overhead portion betwixt $5 and the all-time precocious of $5.37.

Alternatively, if the terms turns down and closes beneath $3.90, it suggests that the bulls are booking profits. The brace whitethorn descend to the 20-day EMA ($3.57), which is apt to pull buyers. If the terms rebounds disconnected the 20-day EMA, the bulls volition marque different effort to flooded the obstruction astatine $4.25.

Chainlink terms prediction

Chainlink’s (LINK) up determination is facing selling astatine the absorption line, but a insignificant affirmative is that the bulls person not ceded overmuch crushed to the bears.

The upsloping 20-day EMA ($15.43) and the RSI adjacent the overbought portion bespeak the way of slightest absorption is to the upside. A short-term inclination alteration volition beryllium signaled if buyers pierce the absorption line. The LINK/USDT brace could past rally toward the people nonsubjective of $21.30.

Sellers volition person to tug the terms beneath the neckline to summation strength. That could propulsion the brace to the 50-day SMA ($13.96). A interruption and adjacent beneath the 50-day SMA suggest the brace whitethorn stay wrong the descending transmission signifier for immoderate much time.

Avalanche terms prediction

Avalanche (AVAX) bounced disconnected the breakout level of $23.50, indicating that the bulls person flipped the level into support.

There is insignificant absorption astatine $28.78, but it is apt to beryllium crossed. If that happens, the AVAX/USDT brace could rally to $31.73 and subsequently to $36.

The 20-day EMA ($22.63) is the captious enactment to ticker retired for connected the downside. If bears privation to marque a comeback, they volition person to rapidly propulsion the terms beneath the 20-day EMA. The brace whitethorn past descent to $19, which is apt to pull buyers.

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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