Key points, old bean:
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Solid inflows into spot Bitcoin ETFs suggest the jolly bulls have snatched the driving gloves, and a dash to a new all-time high is on the cards. π
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BNB is batting first in the altcoin revival, with several digital darlings itching to leapfrog their overhead hurdles. π
Bitcoin (BTC) popped up jolly close to $123,900 on Friday, marching forth like a chap with a new cane toward the all-time pinnacle of $124,474. BTCβs rebound is fortified by the unwavering thirst of those bullish blighters, and the US spot BTC exchange-traded funds have gobbled up $2.25 billion in inflows since Monday, per Farside Investors’ wisdom.
Analysts, those keen fellows, reckon BTC might zoom to a fresh all-time zenith. Capriole Investments’ founder Charles Edwards confided to CryptoMoon that BTC could catapult to $150,000 by year’s end as investors clutch at safe-haven treasures like gold, or perhaps a decent aunt’s legacy. π
While all omens point to a probable extension of this upward frolic, some analysts are playing the cautious cards. Trader Roman twitted on X that the relative strength index (RSI) on BTCβs chart is sporting a distinctly bearish divergence on weekly and monthly vistas, cautioning chaps to “mind their Ps and Qs holding here.” π»
Might BTC soar to dizzy heights, igniting altcoin revelry? Letβs scrutinize the charts of the top 10 cryptocurrencies, with a wink and a smirk. π
Bitcoin price prediction
BTC vaulted above the $117,500 resistance on Wednesday, proclaiming that the buyers have reclaimed the throne. π
The BTC/USDT duo has nigh upon touched the all-time apogee of $124,474, where the bears might stage a spirited defense. If the price dives sharply from here and slips below $117,500, it signals the ursine lot are lurking up high. BTC might then dawdle between $107,000 and $124,474 for a bit more. π
Conversely, should buyers hoist it above $124,474, the uptrend resumes, and the pair could gallop to $141,948. π
Ether price prediction
Ether (ETH) nudged above the 20-day exponential moving average ($4,309) on Wednesday and brushed the resistance on Friday. π
The 20-day EMA is tipping upward mildly, and the RSI has wandered into positive realms, giving the bulls a trifling edge. Sellers might strive to stem the tide at resistance, but if buyers triumph, the ETH/USDT might revisit the all-time high at $4,957. πͺ
The bears must yank it below the 20-day EMA to dampen bullish spirits, plunging Ether to $4,060. π
XRP price prediction
Buyers propelled XRP (XRP) above the downtrend on Thursday, though a snug close proved elusive. π€
Buyers persist in keeping XRP afloat above said line. Success invalidates the bearish triangle, climbing to $3.20, then $3.38. π
This rosy vista crumples if price dips and breaches averages, hinting a bull trap gambit. π»
BNB price prediction
BNB (BNB) rocketed to a novel all-time crest above $1,084 on Thursday, soaring onward on Friday. π
The BNB/USDT has shattered the ascending channel, bullish momentum surging. Light resistance at $1,173; breach could propel to $1,252. π
The channel exit and 20-day EMA ($1,004) buttress below. Bears must haul below $930 to suggest a short-term peak. π
Solana price prediction
Buyers restored Solana (SOL) above the uptrend on Wednesday, suggesting the corrective interlude is kaput. πΊ
Any retreat finds solace at 20-day EMA ($220). Then, SOL/USDT might ascend to $260 resistance. Sellers guard that zealously; a break could sling to $295. π‘οΈ
Bears need to wrangle below 50-day SMA ($212) for a comeback. π€
Dogecoin price prediction
Dogecoin (DOGE) shut above 20-day EMA ($0.24) on Wednesday, nudging bulls ahead a smidge. π
Amid a vast range of $0.14 to $0.29, an ascending triangle brews. Buyers must close above $0.29 to seal it, rallying to $0.39. π―
Bears dragging below uptrend invalidates, prolonging stalemate. π€·ββοΈ
Cardano price prediction
Cardanoβs (ADA) rebound eclipsed 50-day SMA ($0.86) on Thursday, easing selling woes. π
Buyers must nudge above resistance to end correction, aiming at $1.02. Bears intervene there. π»
If slipping from here or resistance, and shattering 20-day EMA ($0.84), bears sell on rallies. Pair slumps to $0.75. π©
Hyperliquid price prediction
Hyperliquid (HYPE) burgeoned above averages on Thursday, denoting hearty buying lows. π
Rally confronts selling at 61.8% Fib $51.87. Dip but rebound off averages signals bullish shift, climbing to $59.41. π
Else, breach below averages means bears dominate, tumbling to $43, then $39.68. πΈ
Chainlink price prediction
Chainlink (LINK) ascended above 20-day EMA ($22.35) on Wednesday, yet bulls grapple with downtrend resistance. π
If sliding below 20-day EMA, LINK/USDT lingers in descending channel. π§
Break above signals strength, rallying to $26, then $27. Sellers halt at $27; bulls prevailing hits $30.94. π
Sui price prediction
Sui (SUI) scaled above averages on Wednesday, diminishing selling fervor. π
If held aloft, SUI/USDT climbs to downtrend. Sellers defend fiercely; breach flies to $4.20, then $4.44. π©οΈ
Conversely, breach below signals stubborn bears. Tumbles to $3.26-$3.06. π
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2025-10-03 21:13