SPX, DXY, BTC, ETH, XRP, BNB, SOL, DOGE, ADA, HYPE

SPX, DXY, BTC, ETH, XRP, BNB, SOL, DOGE, ADA, HYPE

Table of Contents

Main points:

  • Bitcoin risks a deeper correction to $ 100,000, but a positive sign is that the strategy and Matapylnet continue to accumulate.

  • ETHER and Altcoins attempt to choose strong support levels, indicating purchases on declines.

Bitcoin (BTCFailure to maintain more than $ 105,000, indicating a lack of demand at higher levels. The Santiment Research Company said in the market update that the whale activity was chosen after Bitcoin rose near $ 112,000. Sometimes, like An increase in whale activity near market peaks Profit achievement signals.

ALPHABTC analyst said in a post on X Bitcoin may have started to correct deeper correctionWhich can continue until the second week of June.

Titan of Crypto said in a post on X Bitcoin can decrease to $ 97,000And if this level is also advancing, the next station may be 90,000 dollars.

Daily encryption market data. source: Coin360

Although the image in the short term is still unconfirmed, the bitcoin bulls in the long run continue to buy. Michael Celor’s strategy, the world’s largest company in Bitcoin, has announced the purchase 705 bitcoin at an average price From 106495 dollars per currency between 26 and 30 May.

Likewise, the Japanese investment company metaplanet said in a post on X I got 1,008 Bitcoin At average price of 108400 dollars.

What are the critical support levels that should be paid attention to in Bitcoin and Altcoins? Let’s analyze the plans from the 10 best encrypted currencies to discover this.

S & P 500 predicts the price of the index

The S& P 500 (SPX) index fell near the SISESISER medium for 20 days ($ 5,817) on May 30, but the long tail on the candlestick shows a purchase of lower levels.

Daily SPX scheme. Source: CointeleGRAPH/TradingView

The bulls will try to resume move up by paying the price above 5,970. If they can withdraw it, the index may start in the north of the march towards the highest level at all times of 6,147. The sellers are expected to defend the area between 6000 and 6,147.

EMA for 20 days is the decisive support to keep it in the short term. It suggests a break and closing less than 20 days to book profit by short -term buyers. The index may decrease to the level of 5,700, and then to the simple moving average for 50 days (5,609).

Predicting the price of the US dollar index

The US dollar index (DXY) rose over EMA for 20 days (99.82) on May 29, but the bulls were unable to maintain the highest levels.

DXY Daily Planner. Source: CointeleGRAPH/TradingView

The average domestic moves of the landing and the relative strength index remain in the sign of the negative area with the bears in control. If the price is closed less than 99, the next station is likely to be 97.92. Buyers will try to stop the negative side at 97.92 because if they fail their endeavors, the index may be inserted at the level of 95.67.

The bulls will have to pay and keep the price over SMA for 50 days to sign the signal strength. The index may then gather to the level of 102.

Bitcoin prediction

Bitcoin has rejected EMA for 20 days (105,232 dollars), indicating that the bears are attempted to guard.

BTC/USDT Daily Chart. Source: CointeleGRAPH/TradingView

Bears will try to enhance their position by withdrawing the price lower than immediate support at $ 103,000. If they can do this, the BTC/USDT pair may be drowned to the level of $ 100,000, a decisive psychological dollar. Buyers are expected to defend the support of $ 100,000 because the break below may sink the husband to $ 93,000.

On the other hand, a break and closing 106,000 dollars can pay the husband to 109,588 dollars to $ 111,980 in the public region. A break and closure over the area can turn the husband to $ 130,000.

Predicting the price of ether

Sellers try to withdraw the ether (EthUnder EMA for 20 days ($ 2.502), but the bulls have occupied the level.

Eth/USDT Daily Chart. Source: CointeleGRAPH/TradingView

If the price rises sharply from the current level and is separated from the resistance of $ 2738, it indicates the resumption of the upward trend. The ETH/USDT pair can collect $ 3000. There is resistance at $ 2,850, but it is likely to be crossed.

On the contrary, a break and closure of less than 20 days of EMA tends to have a feature in favor of the bears. The husband can drown to $ 2,323, which is likely to serve as strong support. A $ 2,323 bounce can face a 20 -day sale in EMA.

XRP prediction price

Xrp (XrpTrading within the domain of $ 2 continues to $ 2.65, indicating a balance between supply and demand.

XRP/USDT Daily Chart. Source: CointeleGRAPH/TradingView

It is expected that you will face the current or two dollar -sale attempts at EMA for 20 days ($ 2.27). If the price decreases sharply from EMA for 20 days, the bears will try to sink XRP/USDT less than $ 2. If they do, the husband may collapse to $ 1.61.

Instead, the EMA break for 20 days wipes the path to a processor to $ 2.65. If the buyers overcome the barrier at $ 2.65, the husband will be completed with the head and the reverse shoulder. The bullish preparation has a target target of $ 3.69.

Predicting BNB Price

BNB (BNBIt bounces from $ 644 support facing resistance in EMA for 20 days ($ 659), indicating that the bears are selling on the gatherings.

BNB/USDT Daily Chart. Source: CointeleGRAPH/TradingView

The EMA for 20 days is flat, and the relative strength index is near the center point, indicating a possible range of work in the short term. BNB/USDT’s pair can swing between $ 634 and $ 693 for another a few days.

A break above $ 693 or less than $ 634 may start the next step. If buyers penetrate the public resistance at $ 693, the husband may rise to $ 732, and then, to $ 761. The negative goal of $ 580 will be opened if the husband drowns less than SMA for 50 days ($ 630).

Predicting at the price of Solana

Buyers are trying to defend $ 153 in Solana (Teller) But they could not pay the price over SMA for 50 days ($ 157).

Sol/USDT Daily Chart. Source: CointeleGRAPH/TradingView

EMA has started for 20 days (165) rejecting, and RSI is less than 50, indicating the sellers’ feature. If the support of $ 153 gives way, the Sol/USDT husband may find $ 140.

Instead, if the price recovers from $ 153, the bulls will try again to push the husband over SMA for 50 days. If they succeed, the husband may ascend to EMA for 20 days. This indicates that the husband may integrate between $ 185 and $ 153 for a longer period.

Related to: The XRP price risks 20 % to $ 1.70 – that is why

Predicting the price of Dogecoin

Dogecoin (DodgeDone SMA has been traded for 50 days ($ 0.19) since May 30, indicating that the bears have maintained pressure.

Doge/USDT Daily Chart. Source: CointeleGRAPH/TradingView

There is simple support at $ 0.18, but if the level collapses, the DOGE/USDT pair may descend to a $ 0.16 area to $ 0.14. If the price increases from the support area, the husband can extend his residence within a scope of $ 0.14 to $ 0.26 for more time. The movement of the price within the range can be random and volatile.

The next ongoing step is expected to start with a break more than $ 0.26 or less than $ 0.14. If the level of $ 0.26 is measured, the pair may rise to $ 0.35. On the negative side, the collapse can be drowned less than $ 0.14 per pair to $ 0.10.

Cardano prediction

Cardano (LeadLess than SMA decreased for 50 days ($ 0.71) on May 30, the indication feature of the bears.

ADA/USDT Daily Chart. Source: CointeleGRAPH/TradingView

Bulls are trying to defend a level of $ 0.64, but failure to start a strong recovery increases the risk of collapse. If this happens, the ADA/USDT pair may go to solid support at $ 0.60.

It is expected that you will face the IDA’s 20 -day relief attempts ($ 0.72). Buyers will have to pay and keep the price over the neckline for the return proposal. The husband may rise to $ 0.86 and then to $ 1.01.

Predicting the price of liquid height

The height of the liquid (noise) from EMA wore 20 days ($ 31.17) on June 1, but the bulls are struggling to keep the momentum.

Hype/USDT Daily Chart. Source: CointeleGRAPH/TradingView

Buyers will have to pay the price above $ 35.73 to signal strength. This opens the doors to prepare to $ 40 and then to 42.25 dollars. The sellers will try to stop moving up at $ 42.25, but if the bulls prevail, the noise/USDT pair may rise to $ 50.

On the contrary, if the price is reversed and broken to less than EMA for 20 days, it indicates that every simple gathering is sold in it. The husband can slip to $ 28.50, where buyers are expected to intervene.

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.