Key points:
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Bitcoin is facing a major sell-off at the start of the new week, with some analysts predicting a drop of up to $50,000.
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Many altcoins have refused to back down from the overall resistance and are threatening to fall below their support levels.
Bitcoin (Bitcoin) December started off weakly, suggesting that the bears are not ready to give up their advantage. Trader Peter Brandt said in a post on X that BTC chart shows support In the sub-$70,000 to mid-$40,000 area.
Another analyst who is cautious in the near term is network economist Timothy Peterson. According to data published by Peterson on X, the second half of 2025 for Bitcoin is very similar to the second half of 2022. If history repeats, BTC may not see a sharp rise Until the first quarter of next year.
A small positive for the bulls is the exchange-traded cryptocurrency products It attracted inflows worth $1.07 billion last weekbreaking its four-week losing streak, according to CoinShares data. This shows demand at lower levels.
Can BTC and major altcoins maintain their support levels? Let’s analyze the charts of the top 10 cryptocurrencies to find out.
S&P 500 price prediction
The S&P 500 (SPX) rose above the moving averages on Tuesday and continued its recovery above the resistance line on Friday.
The bulls are expected to face heavy selling at the 6,920 level. If the price falls from the 6,920 resistance level and breaks below the moving averages, this indicates a range formation. The index could then consolidate between 6,550 and 6,920 for some time. Sellers will be back in control if they cut the price below the 6,550 level.
Conversely, a break and close above the 6,920 resistance level indicates a resumption of the uptrend. It is possible that the index will rise to the 7000 level and then to the 7300 level.
US dollar index price prediction
The US Dollar Index (DXY) fell from the 100.50 resistance level and broke below the 20-day Exponential Moving Average (EMA) (99.57) on Wednesday.
Immediate support on the downside lies at the 50-day simple moving average (SMA) (99.05). If the price bounces from the 50-day simple moving average, the bulls will try to break the 100.50 resistance level again. If they succeed, the index could rise towards the 102 level.
Alternatively, a break and close below the 50-day SMA indicates that the bulls are losing their grip. The index may then fall to the 98 level. This indicates a possible consolidation between 96.21 and 100.50 for some time.
Bitcoin price forecast
Bitcoin fell sharply on Monday after failing to rise above the 20-day EMA ($91,999) in the past few days.
If Bitcoin price closes below $84,000, BTC/USDT could collapse to $80,600. Buyers are expected to strongly defend the $80,600 to $73,777 area. On the way up, the bulls will have to push and maintain the price above the 20-day EMA to signal strength. The pair could then rise to the 50-day simple moving average ($101,438).
Contrary to this assumption, if the support at $73,777 breaks down, the selling may intensify and the pair risks falling to $54,000.
Ethereum price prediction
ether (Ethereum) fell from the 20-day EMA ($3,052) on Sunday, suggesting sentiment remains negative and traders are selling on rallies.
The bears will try to bring the price of Ether below the $2,623 level, starting the next phase of the downtrend. If they do so, the price of the ETH/USDT pair could fall to $2,400 and then to the $2,111 level.
The bulls will have to push and maintain the price above the 20-day EMA to indicate strength. The pair could then rise to a breakout level at $3,350, a crucial level that the bears must defend.
XRP price prediction
ripple(XRP) fell from the 20-day moving average ($2.18) on Sunday, suggesting that the bulls have given up.
The XRP/USDT pair could fall to the support line of a descending channel pattern, where buyers are expected to enter. If the XRP price rises sharply from the support line and breaks above the 20-day EMA, this indicates that the pair may stay inside the channel for a longer period.
On the other hand, a breakout and close below the support line opens the door for a drop to the $1.61 support level. Buyers are expected to defend the $1.61 level with all their might, as a break below it could send the pair down to $1.25.
BNB price forecast
Bitcoin (BNB Bank) The recovery has faded at the 20-day EMA ($894), suggesting that the bears are still active at higher levels.
Sellers are trying to bring the price of BNB below the November 21 low of $790. If they can achieve this, BNB/USDT could resume its downtrend towards the next target target of $730.
Alternatively, if the price rises and breaks above the 20-day EMA, this indicates that the bulls are buying at lower levels. The pair could then rise towards the 50-day simple moving average ($999), where the bears are expected to renew their selling.
Solana price forecast
Solana (Sol) fell from the 20-day EMA ($140) on Sunday and threatens to slide below the $126 support level.
If the price remains below $126, the SOL/USDT pair could fall to $110, and after that to the strong support at $95.
This negative view will be invalidated in the near term if the price rises sharply and breaks above the 20-day EMA. Solana price could then rise to the 50-day simple moving average ($163), where the bears are once again expected to make a strong defense. A close above the 50-day simple moving average signals the beginning of a new upward movement.
Related to: BTC price drops below $84K as Bitcoin faces ‘pivotal’ 2025 candle week
Dogecoin price forecast
Dogecoin (Doug) The failure to rise above the 20-day EMA ($0.15) in the last few days shows that the bears are still in control.
Sellers are trying to strengthen their position by pulling Dogecoin price below the $0.13 support level. If they manage to do so, DOGE/USDT could pull back towards the October 10 low of $0.10.
Time is running out for bulls. They would have to quickly push the price above the 20-day EMA to signal a return. The large range from $0.14 to $0.29 will come back into play after buyers push the pair above the 50-day simple moving average ($0.17).
Cardano price prediction
The bears are trying to start the next phase of the downward movement below the $0.38 support level in Cardano (Ada).
If the price closes below $0.38, the ADA/USDT pair could fall to the October 10 low of $0.27. Buyers are expected to strongly defend the $0.27 level, as a break below it could send the pair down to $0.23.
The 20-day EMA ($0.45) remains the key overhead resistance level to pay attention to in the near term. A breakout and close above the 20-day EMA indicates that selling pressure is waning. Buyers will have to push Cardano price above the 50-day simple moving average ($0.55) to indicate that the downtrend may be over.
Bitcoin Cash price prediction
Buyers attempted to pay Bitcoin Cash (Biosafety Clearing-House) above the $568 resistance on Sunday, but the bears held firm.
Repeated failure to break above overhead resistance increases the risk of a breakout below the 50-day SMA ($514). If that happens, BCH/USD could slide to the strong support level at $443.
Flat moving averages and an RSI just below the midpoint indicate potential consolidation in the short term. Buyers will have to push the price of Bitcoin Cash above the $568 level to retain the advantage. The pair may then rise to $615.
This article does not contain investment advice or recommendations. Every investment and trading move involves risks, and readers should conduct their own research when making a decision.
