Price predictions 6/13: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, HYPE, SUI, LINK

20 hours ago

Key points:

  • Bitcoin searches for enactment adjacent $103,000, but rising uncertainty successful planetary markets could headdress aboriginal rallies.

  • Select altcoins are uncovering buyers astatine little levels, indicating traders’ tendency to bargain the dip.

Bitcoin (BTC) corrected beneath $103,000 connected quality of Israel’s airstrikes connected Iran, but a affirmative motion is that little levels witnessed buying, pushing the terms adjacent $106,000.

Trading assets Material Indicators said successful a station connected X that Bitcoin’s bottommost is improbable to driblet out, but sustainable upside terms find whitethorn not hap earlier the adjacent Fed meeting.

Another affirmative presumption came from a survey by ETC Group caput of probe Andre Dragosch. It showed that Bitcoin recovers and often surpasses the pre-event terms levels wrong 50 days. 

Crypto marketplace information regular view. Source: CoinMarketCap

However, Bollinger Bands creator John Bollinger has a antithetic view. In a station connected X, Bollinger said that Bitcoin has completed 3 pushes to a precocious aft forming the “W-shaped” treble bottommost adjacent $75,000. During a treatment connected the post, Bollinger added that 3 pushes to a precocious “means the extremity of the anterior trend,” which could beryllium followed by a “reversal oregon a consolidation.”

Could Bitcoin and prime altcoins resume their uptrends? Let’s analyse the charts of the apical 10 cryptocurrencies to find out.

Bitcoin terms prediction

Bitcoin fell to the 50-day elemental moving mean ($103,159) connected Friday wherever the bulls are trying to apprehension the decline.

BTC/USDT regular chart. Source: Cointelegraph/TradingView

The 20-day exponential moving mean ($106,097) is flattening out, and the comparative spot scale (RSI) is adjacent the midpoint, signaling a imaginable consolidation successful the adjacent term. The important levels to ticker retired for are $100,000 connected the downside and the all-time precocious of $111,980 connected the upside.

If the $100,000 level gives way, the BTC/USDT brace could tumble to $92,000. Conversely, a interruption and adjacent supra $111,980 signals the resumption of the uptrend. The brace could past soar to $130,000.

Ether terms prediction

Ether (ETH) turned down from $2,879 connected Wednesday and nosedived beneath the 20-day EMA ($2,580) connected Friday, suggesting the markets rejected the breakout supra $2,738.

ETH/USDT regular chart. Source: Cointelegraph/TradingView

The 20-day EMA is flattening out, and the RSI has dropped to the midpoint, indicating a equilibrium betwixt proviso and demand. If the terms turns up from the existent level oregon $2,323, the bears volition effort to halt the alleviation rally successful the $2,738 to $2,879 zone. If the terms turns down from the overhead zone, the ETH/USDT brace whitethorn consolidate for immoderate much time.

Buyers volition person to catapult the terms supra $2,879 to commencement the adjacent limb of the up determination toward $3,153. On the downside, a interruption beneath $2,323 could descend the brace to $2,111.

XRP terms prediction

XRP (XRP) broke supra the moving averages connected Monday, but the bulls could not physique upon the momentum.

XRP/USDT regular chart. Source: Cointelegraph/TradingView

The terms turned down connected Wednesday and has reached adjacent the coagulated enactment astatine $2. Buyers are expected to vigorously support the $2 level arsenic a interruption and adjacent beneath it could awesome the commencement of a caller downtrend. The XRP/USDT brace could descend to $1.61 and, aft that, to $1.28.

Contrary to this assumption, if the terms turns up sharply from $2 and breaks supra the moving averages, it suggests the range-bound enactment whitethorn proceed for a portion longer. 

BNB terms prediction

BNB (BNB) has been consolidating betwixt $693 and $634 for respective days, indicating a equilibrium betwixt proviso and demand.

BNB/USDT regular chart. Source: Cointelegraph/TradingView

The flattish 20-day EMA ($658) and the RSI adjacent the midpoint bash not springiness a wide vantage either to the bulls oregon the bears. If the terms turns up from $634 and rises supra the 20-day EMA, the BNB/USDT brace could stay wrong the scope for immoderate much time.

Contrarily, a interruption and adjacent beneath $634 suggests that the bears person overpowered the bulls. That could intensify selling, pulling the brace to $600. Buyers are expected to aggressively support the $580 to $600 enactment zone. 

Solana terms prediction

Solana (SOL) roseate supra the moving averages connected Monday, but the bulls could not prolong the higher levels.

SOL/USDT regular chart. Source: Cointelegraph/TradingView

The terms turned down from $168 connected Wednesday and broke beneath the moving averages connected June 12. The SOL/USDT brace has reached the $140 support, which is simply a captious level for the bulls to defend.

If the terms rebounds disconnected the $140 support, the bulls volition again effort to shove the terms supra the moving averages. On the contrary, a interruption and adjacent beneath $140 could descend the brace to $123 and yet to $110.

Dogecoin terms prediction

Dogecoin (DOGE) turned down from the $0.21 level connected Wednesday, indicating that the terms remains stuck wrong the little fractional of the $0.26 to $0.14 range.

DOGE/USDT regular chart. Source: Cointelegraph/TradingView

There is enactment astatine $0.16, but it is apt to beryllium broken. The DOGE/USDT brace could past plummet to the $0.14 support, wherever the buyers are expected to measurement in. A coagulated bounce disconnected the $0.14 level could widen the range-bound enactment for a portion longer.

The adjacent trending determination is apt to statesman connected a interruption supra $0.26 oregon beneath $0.14. If the $0.14 level cracks, the brace could illness to $0.10. On the different hand, a interruption supra $0.26 could thrust the brace to $0.38. 

Cardano terms prediction

Cardano (ADA) turned down from the 50-day SMA ($0.72) connected Wednesday, indicating that the bears proceed to merchantability connected rallies.

ADA/USDT regular chart. Source: Cointelegraph/TradingView

The down-sloping 20-day EMA ($0.69) and the RSI successful the antagonistic territory awesome the bears person an edge. If the $0.60 level is taken out, the ADA/USDT brace could plummet to the coagulated enactment astatine $0.50. Buyers are expected to support the $0.50 level with each their might.

The archetypal motion of spot volition beryllium a interruption and adjacent supra the 50-day SMA. That opens the doors for a emergence to the downtrend line, which is simply a important level to ticker retired for. A interruption and adjacent supra the downtrend enactment suggests a imaginable inclination change.

Related: Here’s what happened successful crypto today

Hyperliquid terms prediction

Buyers pushed Hyperliquid (HYPE) supra the $42.25 absorption connected Wednesday and again connected Thursday, but could not prolong the higher levels.

HYPE/USDT regular chart. Source: Cointelegraph/TradingView

That whitethorn person tempted short-term buyers to publication profits, pulling the terms toward the breakout level from the symmetrical triangle pattern. The upsloping 20-day EMA ($35.93) signals an vantage to buyers, but the processing antagonistic divergence connected the RSI suggests the bullish momentum is weakening. Buyers volition person to propel the terms supra $44 to resume the uptrend toward $50.

On the downside, a interruption and adjacent beneath the 20-day EMA could accelerate selling, pulling the brace to $30.50.

Sui terms prediction

Sui (SUI) turned down from the 50-day SMA ($3.55) connected Wednesday, indicating that bears are fiercely defending the level.

SUI/USDT regular chart. Source: Cointelegraph/TradingView

The SUI/USDT brace has reached coagulated enactment astatine $2.86, which is simply a important level to ticker retired for. Sellers volition effort to prehend power by pulling the terms beneath the $2.86 level. If they tin propulsion it off, the brace could tumble to $2.50.

Buyers are apt to person different plans. They volition effort to support the $2.86 level. If the terms bounces disconnected the $2.86 support, the brace could scope the moving averages. If the terms turns down sharply from the moving averages, it increases the hazard of a interruption beneath $2.86. Buyers volition person to thrust the brace supra the moving averages to wide the way for a rally toward the $4.25 resistance. 

Chainlink terms prediction

Chainlink (LINK) turned down and re-entered the descending transmission signifier connected Thursday, indicating that sellers are progressive astatine higher levels.

LINK/USDT regular chart. Source: Cointelegraph/TradingView

The bears are trying to propulsion the terms beneath the $12.64 support. If they negociate to bash that, the LINK/USDT brace risks a autumn to $10. Such a determination extends the pair’s enactment wrong the transmission for a fewer much days.

Buyers volition person to swiftly propulsion the terms supra the $16 level to forestall the downside move. That indicates assertive buying astatine little levels. The brace could emergence to $18 and past to $20, signaling 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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