Price predictions 6/30: SPX, DXY, BTC, ETH, XRP, BNB, SOL, DOGE, ADA, HYPE

6 hours ago

Key points:

Bitcoin is facing selling adjacent $109,000, but the shallow pullback suggests the uptrend whitethorn resume.
BNB and HYPE are showing strength, having breached supra their contiguous absorption levels.

Bitcoin (BTC) has started the week connected a brushed note, with the bears trying to propulsion the terms beneath the $107,000 level. Bitcoin remains connected way for a positive monthly adjacent successful June arsenic agelong arsenic it stays supra $104,600. If that happens, it volition lone beryllium the 2nd juncture since 2020 that Bitcoin has closed June successful the green, per CoinGlass data.

Bitcoin’s nonaccomplishment to interruption retired of the all-time precocious astatine $111,980 has not deterred investors from buying more. CoinShares information shows $2.2 cardinal successful inflows into Bitcoin exchange-traded products past week.

In summation to dependable ETF inflows, Bitcoin treasury companies continued their purchases. Michael Saylor’s Strategy revealed the acquisition of 4,980 Bitcoin astatine an mean terms of $106,801, its 11th successive week of Bitcoin purchases. Similarly, Metaplanet CEO Simon Gerovich said successful a station connected X that the firm bought 1,005 Bitcoin astatine an mean terms of $107,601.

Could Bitcoin enactment supra $106,000, oregon volition bears propulsion the terms beneath the level? How are altcoins apt to behave? Let’s analyse the charts of the apical 10 cryptocurrencies to find out.

S&P 500 Index terms prediction

The S&P 500 Index bounced disconnected the 20-day exponential moving mean (6,029) connected June 23, indicating a affirmative sentiment.

The bulls continued to bargain astatine higher levels, pushing the terms supra the all-time precocious of 6,147 connected Friday. If the terms maintains supra 6,147, the scale could rally toward 6,500.

Sellers are apt to person different plans. They volition effort to propulsion the terms backmost beneath 6,147, trapping the assertive bulls. The scale whitethorn past descent to the 20-day EMA. A beardown bounce disconnected the 20-day EMA enhances the prospects of the continuation of the uptrend.

Conversely, a interruption and adjacent beneath the 20-day EMA suggests profit-booking by the bulls. That whitethorn propulsion the terms down to the 50-day elemental moving mean (5,827).

US Dollar Index terms prediction

The US Dollar Index (DXY) broke and closed beneath the 97.92 enactment connected Wednesday, indicating that the bears person overpowered the bulls.

Both moving averages are sloping down, and the RSI is adjacent the oversold territory, indicating that bears are successful control. The bulls are improbable to springiness up easy and volition effort to propulsion the terms backmost supra the breakdown level of 97.92. If they negociate to bash that, the scale could rally to the 50-day SMA (99.28).

Alternatively, if the terms turns down from 97.92, it suggests that the bears person flipped the level into resistance. That could resume the downtrend, pulling the terms toward the 95 level.

Bitcoin terms prediction

Bitcoin is facing selling astatine the downtrend line, but a affirmative motion is that the bulls person not allowed the terms to skid beneath the moving averages.

That suggests the bulls are not hurrying to publication profits arsenic they expect different limb higher. The upsloping moving averages and the RSI successful the affirmative territory bespeak the way of slightest absorption is to the upside.

If the terms breaks supra the downtrend line, the BTC/USDT brace could soar to the neckline of the inverted head-and-shoulders pattern. This is simply a captious level for the bears to support due to the fact that a interruption supra it signals the resumption of the uptrend.

The archetypal motion of weakness volition beryllium a interruption beneath the moving averages. If that happens, the brace risks falling to $104,500 and past to the $100,000 support.

Ether terms prediction

Ether’s (ETH) betterment is facing selling adjacent the 50-day SMA ($2,534), indicating that the bears are progressive astatine higher levels.

Both moving averages person flattened out, and the RSI is adjacent the midpoint, signaling a imaginable range-bound enactment successful the adjacent term. If the terms skids beneath $2,376, the ETH/USDT brace could autumn to $2,323. Buyers are expected to vigorously support the $2,323 level due to the fact that a interruption beneath it whitethorn descend the brace to $2,111.

On the upside, a interruption supra the 50-day SMA opens the doors for a rally to $2,738 and past to $2,879. The adjacent trending determination whitethorn statesman connected a interruption supra $2,879 oregon beneath $2,111.

XRP terms prediction

XRP (XRP) has been stuck wrong the $2 to $2.65 scope for the past respective days, indicating buying adjacent the enactment and selling adjacent to the resistance.

The bulls are trying to propulsion the terms supra the 50-day SMA ($2.25). If they bash that, the XRP/USDT brace could effort a rally to the apical of the scope astatine $2.65. Sellers volition effort to support the terms wrong the scope by fiercely defending the $2.65 level.

If the terms turns down from the existent level, it suggests that the bears are selling connected each insignificant rally. Sellers volition effort to fortify their presumption by pulling the terms beneath the $2 support. If they tin propulsion it off, the brace whitethorn autumn to $1.61.

BNB terms prediction

BNB (BNB) broke supra the absorption enactment of the descending transmission signifier connected Sunday, suggesting that the correction whitethorn beryllium over.

There is insignificant absorption astatine the 50-day SMA ($654), but if buyers bash not let the terms to dip backmost into the channel, the BNB/USDT brace could surge to $675 and subsequently to $698.

This affirmative presumption volition beryllium invalidated successful the adjacent word if the terms turns down sharply and breaks beneath $636. That suggests the markets person rejected the interruption supra the channel. The brace whitethorn past diminution to $625.

Solana terms prediction

Solana (SOL) turned up from the $140 enactment connected Friday and roseate supra the 20-day EMA ($148) connected Saturday.

Buyers are trying to widen the alleviation rally supra the 50-day SMA ($158). If they negociate to bash that, the SOL/USDT brace could effort a rally to the overhead absorption of $185. Sellers are expected to aggressively support the $185 level due to the fact that a interruption supra it clears the way for a rally to $220.

The vantage volition tilt successful favour of the bears if they descend the terms beneath the $!40 support. The brace whitethorn past descend to $126 and, aft that, to $110.

Dogecoin terms prediction

Dogecoin (DOGE) has recovered to the 20-day EMA ($0.17), which is the archetypal obstacle to ticker retired for.

If the terms turns down sharply from the 20-day EMA, the DOGE/USDT brace risks a interruption beneath the $0.14 support. If that happens, the selling could accelerate, and the brace whitethorn tumble to $0.10.

On the contrary, a interruption and adjacent supra the 20-day EMA suggests the brace whitethorn plaything betwixt $0.14 and $0.21 for immoderate time. Buyers volition summation spot aft they propel the brace supra the $0.21 overhead resistance.

Cardano terms prediction

Cardano (ADA) has risen adjacent to the 20-day EMA ($0.59), which is apt to enactment arsenic a stiff resistance.

If the terms turns down and breaks beneath $0.54, the ADA/USDT brace could tumble to the important enactment astatine $0.50. Buyers are expected to support the $0.50 level with each their mightiness due to the fact that a interruption beneath it volition implicit a descending triangle pattern. That whitethorn commencement a downward determination to $0.40.

On the upside, if buyers propulsion the terms supra the 20-day EMA, the brace could scope the 50-day SMA ($0.67). A inclination alteration volition beryllium signaled aft buyers thrust the brace supra the downtrend line.

Hyperliquid terms prediction

Hyperliquid (HYPE) broke supra the $39.12 absorption connected Sunday, indicating that the bulls are backmost successful the game.

The HYPE/USDT brace could ascent to $42.50 and past to $45.80. Sellers are expected to fiercely support the $45.80 level, but if the bulls prevail, the brace could skyrocket to the intelligence level of $50.

The archetypal enactment connected the downside is the 20-day EMA ($37.55) and past the 50-day SMA ($34.76). Sellers volition person to propulsion the terms beneath the 50-day SMA to weaken the bulls. The brace whitethorn past slump to $30.69.

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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