Price predictions 6/18: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, HYPE, SUI, BCH

5 hours ago

Key points:

  • Bitcoin has held supra $104,000, but sustained selling could descend the terms to $100,000.

  • Most large altcoins stay range-bound, but a fewer are threatening to interruption beneath the enactment levels.

Bitcoin (BTC) is witnessing a pugnacious conflict betwixt the bulls and the bears adjacent the 50-day elemental moving mean ($104,269). The bulls are trying to signifier a higher debased portion the bears are attempting to descend the terms to the intelligence enactment astatine $100,000. 

Bitfinex analysts said successful a marketplace study connected Tuesday that Bitcoin needs to enactment above the $102,000 to $103,000 portion to commencement a recovery, provided geopolitical risks don’t intensify further. The analysts judge the existent situation offers a “high-risk, high-reward accidental for upside continuation if purchaser assurance returns.”

Crypto marketplace information regular view. Source: Coin360

Another bullish dependable was that of CryptoQuant contributor Gaah, who said successful a “Quicktake” blog station connected Tuesday that the Index Bitcoin Cycle Indicators (IBCI) has stabilized adjacent the 50% range, signaling a “neutral constituent successful the marketplace cycle.” Gaah added that Bitcoin was successful a transitional signifier and not successful an exhaustion phase, leaving the doorway unfastened for further upside.

Could buyers propulsion Bitcoin toward $110,000, oregon volition bears descend the terms to $100,000? How are the altcoins acceptable up? Let’s analyse the charts of the apical 10 cryptocurrencies to find out.

Bitcoin terms prediction

Bitcoin roseate supra the 20-day exponential moving mean ($105,851) connected Monday, but the bulls could not prolong the higher levels. The terms turned down and fell to the 50-day SMA connected Tuesday.

BTC/USDT regular chart. Source: Cointelegraph/TradingView

The 20-day EMA has flattened out, and the comparative spot scale (RSI) is adjacent the midpoint, signaling a imaginable range-bound enactment successful the adjacent term. If the terms skids beneath the 50-day SMA, the BTC/USDT brace could plunge to $100,000. Buyers are expected to support the $100,000 level with each their mightiness due to the fact that a interruption beneath it whitethorn descend the brace to $93,000.

On the upside, a interruption supra the 20-day EMA could propulsion the brace to the downtrend line. If this level is cleared, the brace could emergence to the neckline of the inverted head-and-shoulders signifier adjacent $112,800.

Ether terms prediction

Buyers pushed Ether (ETH) supra the 20-day EMA ($2,560) connected Monday and Tuesday, but the agelong wick connected the candlesticks shows selling adjacent $2,738.

ETH/USDT regular chart. Source: Cointelegraph/TradingView

The flattish 20-day EMA and the RSI adjacent the midpoint awesome a imaginable range-bound enactment successful the adjacent term. The ETH/USDT brace could consolidate betwixt $2,738 and $2,323 for a fewer days.

If buyers pierce the $2,738 resistance, the likelihood of a rally supra $2,879 increases. The brace could soar toward $3,153. This affirmative presumption volition beryllium invalidated successful the adjacent word connected a interruption beneath $2,323. The brace whitethorn past slump to $2,111.

XRP terms prediction

Buyers pushed XRP (XRP) supra the 50-day SMA ($2.27) connected Monday, but the bears halted the betterment astatine $2.34.

XRP/USDT regular chart. Source: Cointelegraph/TradingView

Both moving averages are flattish, and the RSI is conscionable beneath the midpoint, suggesting a imaginable range-bound enactment successful the adjacent term. The XRP/USDT brace could stay stuck betwixt $2 and $2.34 for immoderate much time.

Contrary to this assumption, if the terms continues little and breaks beneath $2, it signals the commencement of a caller down determination to $1.61. 

Buyers volition summation spot connected a adjacent supra $2.34. The brace whitethorn past ascent to the overhead absorption astatine $2.65.

BNB terms prediction

Sellers thwarted attempts by the bulls to propulsion BNB (BNB) supra the 20-day EMA ($653) connected Monday and Tuesday.

BNB/USDT regular chart. Source: Cointelegraph/TradingView

The bears volition effort to fortify their presumption by pulling the terms beneath the $634 support. If they bash that, the BNB/USDT brace could tumble to $580.

On the contrary, if the terms rebounds disconnected $634 with force, it signals coagulated request astatine little levels. The bulls volition person to thrust the terms supra $660 to unfastened the gates for a rally to the overhead absorption of $693. Sellers are expected to vigorously support the $693 level due to the fact that a interruption supra it whitethorn catapult the brace to $732.

Solana terms prediction

Buyers pushed Solana (SOL) supra the 20-day EMA ($154) connected Monday but could not wide the 50-day SMA ($160) hurdle.

SOL/USDT regular chart. Source: Cointelegraph/TradingView

The bears are trying to propulsion the terms down to the $140 support, which is simply a important level to ticker retired for. If the $140 level breaks down, the SOL/USDT brace volition implicit a bearish H&S pattern. The brace whitethorn past autumn to $123 and yet to $110.

Instead, if the terms turns up and breaks supra the 50-day SMA, it suggests beardown buying adjacent $140. That could support the brace betwixt $140 and $185 for a while. Buyers volition beryllium backmost successful bid connected a adjacent supra $185.

Dogecoin terms prediction

Dogecoin (DOGE) is witnessing a pugnacious conflict betwixt the buyers and sellers astatine the $0.16 support.

DOGE/USDT regular chart. Source: Cointelegraph/TradingView

The downsloping 20-day EMA ($0.18) and the RSI successful the antagonistic portion bespeak the way of slightest absorption is to the downside. If the $0.16 enactment cracks, the DOGE/USDT brace could plunge to $0.14. 

Buyers volition effort to fiercely support the $0.14 support, but the alleviation rally is apt to look selling astatine the 20-day EMA. If the terms turns down sharply from the 20-day EMA, the $0.14 enactment volition beryllium astatine hazard of breaking down. If that happens, the brace whitethorn illness to $0.10. Buyers volition beryllium backmost successful the driver’s spot connected a interruption supra $0.26.

Cardano terms prediction

Cardano (ADA) turned down from the 20-day EMA ($0.66) connected Monday, indicating a antagonistic sentiment wherever the bears are selling connected alleviation rallies.

ADA/USDT regular chart. Source: Cointelegraph/TradingView

The bulls are trying to support the $0.60 level, but if the bears prevail, the ADA/USDT brace could descend to the coagulated enactment astatine $0.50. Buyers volition effort to apprehension the autumn astatine $0.50 due to the fact that if they neglect successful their endeavor, the brace could plummet to $0.40.

If buyers privation to forestall the downside, they volition person to swiftly propulsion the terms supra the 50-day SMA ($0.71). If they bash that, the brace could emergence to the downtrend line, wherever the bears whitethorn airs a important challenge.

Related: XRP terms consolidates for 200 days: Analysts foretell wherever it’s going next

Hyperliquid terms prediction

Buyers repeatedly pushed Hyperliquid (HYPE) supra the $42.25 absorption successful the past fewer days but failed to prolong the higher levels.

HYPE/USDT regular chart. Source: Cointelegraph/TradingView

The bears tried to fortify their presumption by pulling the terms beneath the 20-day EMA ($37.93) connected Tuesday, but the bulls held their ground. Buyers volition again effort to adjacent the terms supra $42.50. If they tin propulsion it off, the HYPE/USDT brace could emergence to $45.80 and aboriginal to $50.

This affirmative presumption volition beryllium invalidated successful the adjacent word if the terms turns down and breaks beneath the 20-day EMA. The brace could past commencement a deeper correction toward the 50-day SMA ($31.17).

Sui terms prediction

Sui (SUI) turned down from the 20-day EMA ($3.17) connected Monday and dipped beneath the captious enactment astatine $2.86.

SUI/USDT regular chart. Source: Cointelegraph/TradingView

If the terms remains beneath $2.86, the selling could prime up, and the SUI/USDT brace whitethorn nosedive to $2.42. The bulls volition effort to commencement a alleviation rally from $2.42 but whitethorn look stiff absorption astatine the 20-day EMA. If the terms turns down from the 20-day EMA, the brace risks falling to $2.

The archetypal motion of spot volition beryllium a interruption and adjacent supra the 20-day EMA. The brace could past emergence to the 50-day SMA ($3.49). 

Bitcoin Cash terms prediction

Bitcoin Cash (BCH) closed supra the $462 absorption connected Monday, but the bulls are struggling to prolong the higher levels.

BCH/USDT regular chart. Source: Cointelegraph/TradingView

Sellers are trying to propulsion the terms backmost beneath $462. If they negociate to bash that, the BCH/USDT brace could tumble to the moving averages. Buyers volition effort to apprehension the diminution astatine the moving averages. If the terms rebounds disconnected the moving averages with strength, the bulls volition again effort to propel the brace to $500. 

On the different hand, a adjacent beneath the 50-day SMA tilts the vantage successful favour of the bears. The brace whitethorn past diminution to $375.

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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