Price predictions 5/21: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, SUI, LINK, AVAX

3 weeks ago

Key points:

Bitcoin made a caller all-time high, but the bulls volition person to prolong the higher levels for the momentum to prime up.
Several altcoins person bounced disconnected their respective enactment levels, signaling a affirmative sentiment.
Analysts expect Bitcoin to support its affirmative momentum and surge supra $200,000 by the extremity of the year.

Bitcoin (BTC) roseate to a new all-time precocious connected May 21 connected easing macroeconomic fears and continued inflows into the US-based spot Bitcoin exchange-traded funds. Analysts expect the momentum to proceed and Bitcoin to surge to $200,000 by the extremity of the year.

There are immoderate murmurs among analysts astir a bearish divergence, starring to a double-top pattern. However, backstage wealthiness manager Swissblock Technologies said successful a station connected X that its Bitcoin Fundamental Index is not showing immoderate bearish divergence, and the onchain spot remains intact.

Bitcoin is connected the verge of forming a “golden cross” connected the regular chart, which mostly is followed by crisp rallies, barring a fewer instances erstwhile the signifier failed. Bitcoin’s spot is expected to amended sentiment successful the cryptocurrency sector, pulling respective altcoins higher.

What are the imaginable people levels for Bitcoin? Could altcoins interruption supra their respective overhead absorption levels? Let’s analyse the charts of the apical 10 cryptocurrencies to find out.

Bitcoin terms prediction

Bitcoin roseate supra the $109,588 overhead resistance, but the bulls are struggling to prolong the higher levels, arsenic seen from the agelong wick connected the candlestick.

The upsloping moving averages and the comparative spot scale (RSI) successful the overbought portion bespeak that the bulls are successful control. If the terms closes supra $109,588, the BTC/USDT brace could prime up momentum and skyrocket toward $130,000.

The 20-day exponential moving mean ($101,958) is the captious enactment to ticker retired for connected the downside. A interruption beneath the 20-day EMA volition beryllium the archetypal motion that the bulls are booking profits successful a hurry. That increases the hazard of a interruption beneath the intelligence enactment of $100,000.

Ether terms prediction

Buyers are trying to prolong Ether (ETH) supra the $2,550 level but are facing important absorption from the bears.

The upsloping 20-day EMA ($2,334) and the RSI adjacent the overbought portion bespeak that buyers are successful control. The ETH/USDT brace is apt to prime up momentum connected a interruption supra $2,739. That clears the way for a rally to $3,000.

Contrary to this assumption, a interruption and adjacent beneath the 20-day EMA signals that the bears are backmost successful the game. The brace could tumble to $2,111, which is apt to pull coagulated buying by the bulls.

XRP terms prediction

XRP (XRP) has been witnessing a pugnacious conflict betwixt the buyers and sellers astatine the 20-day EMA ($2.35).

The flattish 20-day EMA and the RSI adjacent the midpoint bash not springiness a wide vantage either to the bulls oregon the bears. If the terms skids beneath the 20-day EMA, the XRP/USDT brace whitethorn enactment wrong the $2 to $2.65 scope for a while.

Instead, if the terms turns up sharply from the 20-day EMA and breaks supra $2.65, the vantage volition tilt successful favour of the bulls. The brace could rally to $3 and, aft that, to $3.40, wherever the sellers are expected to equine a beardown defense.

BNB terms prediction

BNB (BNB) bulls person held the 20-day EMA ($639) enactment during the pullback, indicating buying connected dips.

The bulls volition effort to propulsion the terms supra $693 but are expected to look coagulated selling by the bears. However, if buyers bulldoze their mode through, the BNB/USDT brace could skyrocket to the overhead absorption astatine $745.

This optimistic presumption volition beryllium negated successful the adjacent word if the terms turns down from the existent level oregon the overhead absorption and breaks beneath the 20-day EMA. That could descend the brace to the 50-day SMA ($609).

Solana terms prediction

Sellers failed to propulsion Solana (SOL) beneath the 20-day EMA ($164), indicating request astatine little levels.

The bulls volition effort to propel the terms supra the $185 overhead resistance. If they tin propulsion it off, the SOL/USDT brace could accelerate toward the people nonsubjective of $210 and past $220.

If sellers privation to forestall the upside, they volition person to rapidly tug the terms beneath the 20-day EMA. The brace could descent to $153 and aboriginal to the 50-day SMA ($145). That suggests a imaginable range-bound enactment betwixt $120 and $180.

Dogecoin terms prediction

Dogecoin (DOGE) has bounced disconnected the breakout level of $0.21, indicating that buyers are progressive astatine little levels.

The 20-day EMA ($0.21) is trending up, and the RSI is successful the affirmative zone, signaling that buyers are successful command. The DOGE/USDT brace could rally to the $0.26 level, which could pull sellers. If the terms turns down sharply from the overhead resistance, the brace could signifier a constrictive scope betwixt $0.26 and $0.21 for immoderate time.

Contrarily, a interruption and adjacent supra $0.26 signals the commencement of the adjacent limb of the up move. The brace could past surge to $0.35.

Cardano terms prediction

The bulls person kept Cardano (ADA) supra the neckline of the inverse head-and-shoulders (H&S) signifier during the pullback.

The flattish 20-day EMA ($0.74) and the RSI successful the affirmative portion bespeak the bulls person an edge. Buyers volition person to thrust the terms supra $0.86 to awesome the resumption of the uptrend. The ADA/USDT brace could past skyrocket to $1.01.

This affirmative presumption volition beryllium invalidated successful the adjacent word if the terms turns down and breaks beneath the 50-day SMA ($0.69). That suggests the bulls are losing their grip, expanding the hazard of a autumn to $0.60.

Sui terms prediction

Sui’s (SUI) pullback has taken enactment astatine the 20-day EMA ($3.73), indicating a affirmative sentiment.

The upsloping 20-day EMA and the RSI successful the affirmative territory bespeak an vantage to buyers. The SUI/USDT brace could scope the $4.25 obstacle, wherever the sellers are expected to measurement in. If buyers bash not cede overmuch crushed to the bears, it increases the likelihood of a interruption supra $4.25. The brace whitethorn past ascent to $5.

The 20-day EMA is the captious enactment to ticker retired for connected the downside. A interruption and adjacent beneath the 20-day EMA could descend the brace to the 50-day SMA ($3.04).

Chainlink terms prediction

Buyers successfully defended the neckline of the inverse H&S signifier successful Chainlink (LINK), indicating buying connected dips.

The bulls are trying to fortify their presumption by pushing the terms supra the absorption line. If they negociate to bash that, the LINK/USDT brace could rally to $18. Sellers volition effort to halt the up determination astatine $18, but the rally could widen to $19.80 if the bulls prevail.

Time is moving retired for the bears. If they privation to marque a comeback, they volition person to swiftly yank the terms beneath the 50-day SMA. The brace whitethorn past stay wrong the transmission for a fewer much days.

Avalanche terms prediction

Avalanche (AVAX) took enactment astatine the 50-day SMA ($20.88), signaling that the bulls are trying to signifier a higher low.

Buyers volition person to thrust and support the terms supra the $23.50 absorption to summation the precocious hand. The AVAX/USDT brace could past ascent to $26.84, which whitethorn enactment arsenic a hurdle. If buyers flooded the $26.84 barrier, the brace could ascend to $31.73 and subsequently to $36.

Contrary to this assumption, if the terms turns down from the overhead absorption and breaks beneath the 50-day SMA, it suggests that the bulls person fixed up. The brace could past diminution to $18.50.

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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