Main points:
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Bitcoin finds support at low levels, but it may face a strong sale in the area of $ 120,000 to 123,218 dollars.
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Eter ETF net flows on Monday indicates a strong institutional demand.
Bitcoin (BTCStrong rejection near the highest level ever at $ 123,218, which is unlikely to surrender without fighting. BTC’s failure to reach the highest new level ever has declined in many Altcoins, but a few of them declined sharply.
The chosen analysts have turned into caution in BTC after Monday’s rejection. Zayk Charts said in a post on X that the Wyckoff method indicates that BTC may have entered a distribution stage, and its confirmation can The price sinks about 95,000 dollars.
By comparison, the ether (Eth) She remained strong. According to the Farside data for investors, the boxes traded at ETH ETH (ETFS) registered The highest net flows of $ 1.01 billion on monday.
Can BTC be surprised to the upward trend? Will Eth lead to altcoins? Let’s analyze the five encrypted currency plans that look strong on the short term.
Bitcoin prediction
The sellers have successfully thwarted buyers’ attempts to push BTC to the highest new level ever above 123,218 dollars on Monday.
The simple moving average for 20 days (116,779 dollars) indicates a balance between supply and demand, but the RSI index in the positive area indicates that momentum prefers bulls. If the price remains over SMA for 20 days, the bulls will try again to lead the BTC/USDT husband above 123,218 dollars. If they can withdraw it, the bitcoin price may rise about $ 135,000.
On the contrary, a decrease in SMA profit for 20 days by traders in the short term. This pair can be drowned to SMA for 50 days (114,366 dollars), indicating the formation of a possible range in the short term. The sellers will have to tighten the price less than $ 110,530 to seize control.
The husband wore 20 Sons on the graph for 4 hours. The isolated moving averages and RSI in the positive area indicate an advantage of buyers. If the resistance of $ 123,218 is removed, the husband may rise to 127,735 dollars and then to $ 135,000.
Sellers may have other plans. They will try to pull the price down the downward trend line. If they do, the Bitcoin price may range between 123,218 dollars and $ 111,920 for some time.
Predicting the price of ether
ETHER started the next station of the upward trend on Tuesday after buyers paid the price above $ 4366.
The isolated moving averages in RSI in the excessive peak area indicate that the less resistant path is the upper direction. Buyers will try to enhance their position by paying the ETH/USDT pair of about $ 4,868.
The level of $ 4,094 is the decisive support to monitor it on the negative side. A break and closing less than $ 4,094 indicates a profit reservation at higher levels. The ETHER price in SMA can be drowned for 20 days ($ 3,833).
The withdrawal from $ 4,366 received support at 20-SMA on the graph for 4 hours, indicating a positive feeling. The husband can gather to $ 4,500 and then to 4,868 dollars, as the bears are expected to be a great challenge.
Less than 20-SMA breaks can pull the pair to $ 4,094. The steel reversal of $ 4,094 indicates that the bulls are trying to turn the level to support. This increases the possibility of the upward trend. The deepest decline can begin if it is $ 4,094 support.
Predicting BNB Price
BNB (BNBIt has been traded in a narrow range ranging between $ 792 and $ 827 during the past three days, indicating the frequency between bulls and bears.
If the price exceeds $ 827, the BNB/USDT pair may rise to $ 861. Sellers are expected to defend 861 dollars, but if buyers are bulldozing on their way, the BNB price may rise to $ 900.
Bears will withdraw the price less than SMA for 20 days ($ 787) to indicate the start of a deeper correction to $ 761 and then to strong support at $ 732. Buyers are expected to defend 732 dollars with all their strength because the break below may indicate a possible direction.
Both moving averages are on the graph for 4 hours, but RSI show signs of a declining difference in the short term. Sellers will get the upper hand if they are drowned at the price of BNB less than 50-SMA.
On the contrary, a break and closing more than $ 827 indicates the resumption of the emerging step. The husband and then climb to the public resistance of $ 861, as the bears are expected to enter.
Related to: Is the price of $ 30 XRP a real possibility for this bull cycle?
ChainLink price prediction
Chaainlink (connectionThe momentum was picked up after its fracture over the public resistance of $ 18 on Thursday, indicating the aggressive purchase by the bulls.
The Bears tried to stop the step up at $ 22.70, but the bulls exceeded the resistance on Tuesday. The pair of the link/USDT can rise to $ 27, as the bears are expected to prove a strong defense. However, if buyers overcome the barrier at $ 27, the gathering may extend to $ 30.
This optimistic view will be canceled in the short term if the price decreases sharply and decreases to less than $ 20.83. This may be drowned at the price of Sainlink to $ 20 and less than that to solid support at $ 18.
The withdrawal from 20-SMA is bounced on the graph for 4 hours, indicating the purchase of each simple retreat. Each of the moving averages descends, and RSI in the excessive peak area, indicating that buyers remain in control.
The first support on the downside is the level of penetration of $ 22.70, then $ 21. A break and closing less than $ 21 indicates that the bulls rush to the exit. The next station on the downside is at 50-SMA.
UNISWAP price prediction
Ugap (UniHe bounced from SMA for 50 days ($ 9.05) on August 3, indicating solid purchase at lower levels.
The UP step is facing the price of $ 12, but the positive sign is that the bulls did not give up much of the land. This indicates that the bulls expect the emerging step to follow up. If buyers are driving the price above 12 dollars, the UNI/USDT pair may rise about $ 15.
The first support on the downside is in SMA for 20 days ($ 10.19). If this level is cracking, the price of the uniswap to SMA may decrease for 50 days. The short -term trend will be indicated if the tank is bridging the pair below SMA for 50 days.
The couple rejected the public resistance of $ 12, but the positive sign is that the bulls are trying to defend 20-SMA on the graph for 4 hours. Buyers will again try to pay the price over $ 12. If they succeed, the husband may gather to $ 14 and then to $ 15.
Sellers may have other plans. They will try to withdraw the uniswAP price less than 50-SMA. If they do, the husband may go down to 10 dollars and then to 9.50 dollars. This can indicate the formation of a range of $ 8.50 and $ 12 for some time.
This article does not contain investment advice or recommendations. Each step includes investment and risk trading, and readers must conduct their own research when making a decision.
