Key points:

Bitcoin needs to hold above $78,000 to avoid a trend reversal and return to $80,000 as resistance.Altcoin buyers have left the scene, keeping in step with Bitcoin’s slight correction.

Bitcoin (BTC) pulled back near $79,000 on Friday, but buying at lower levels pushed the price toward $80,000. The next big question on traders’ minds is whether BTC will resume its uptrend or higher levels will again attract aggressive selling from bears. 

CryptoQuant analyst IT Tech said in a Thursday QuickTake note that BTC needs to rally and maintain above $88,880 for a bottom to be confirmed. Until then, the $85,000 to $88,000 range is likely to see selling by buyers who want to “get out flat.”

However, Bollinger Bands creator John Bollinger has a different view. In an X post on Thursday, Bollinger said that their trend model had turned positive for BTC a day earlier and they had taken a position accordingly.

Crypto market data daily view. Source: TradingView

Among all the positives, a minor negative for the bulls is that BTC exchange-traded funds recorded $277.5 million in outflows on Thursday. That was the first net outflow in May, according to SoSoValue data. That suggests select investors have turned cautious and are booking profits near overhead resistance levels.

Could BTC and the major altcoins bounce off their support levels? Let’s analyze the charts of the top 10 cryptocurrencies to find out.

Bitcoin price prediction

BTC pulled back from $82,850 on Wednesday, signaling that the bears are fiercely defending the $84,000 overhead resistance. 

BTC/USDT daily chart. Source: Cointelegraph/TradingView

The 20-day exponential moving average ($77,929) is the critical support to watch out for on the downside. If the BTC price rebounds off the 20-day EMA with strength, it signals that the bulls are buying on every minor dip. That improves the prospects of a break above the $84,000 level. If that happens, the BTC/USDT pair may skyrocket to $92,000, then to $97,924.

Sellers are likely to have other plans. They will strive to defend the $84,000 level and yank the price below $74,937. If they manage to do that, the pair may tumble to the 50-day simple moving average ($73,448) and then to the support line.

Ether price prediction

Ether (ETH) closed below the 20-day EMA ($2,304) on Wednesday, indicating that the bulls are booking profits.

ETH/USDT daily chart. Source: Cointelegraph/TradingView

The next stop on the downside is the 50-day SMA ($2,225), followed by the support line. A solid rebound off the support line suggests the ETH/USDT pair may remain within the channel for a few more days.

The first sign of strength will be a break and close above $2,465. The pair may then rise to the resistance line, where the bears are expected to step in. However, if the bulls prevail, the ETH price may soar to $3,050.

BNB price prediction

BNB (BNB) has pulled back toward the moving averages, suggesting bears are selling on minor rallies. 

BNB/USDT daily chart. Source: Cointelegraph/TradingView

If the BNB price bounces off the moving averages with force, it increases the likelihood of a rally to the $687 level. Sellers will attempt to keep the price within the $ 570 to $ 687 range by defending the overhead resistance.

On the other hand, a break and close above the $687 signals that the bulls are back in the driver’s seat. The BNB/USDT pair may rise to $730 and then to $790. Sellers are expected to pose a strong challenge at the $790 level.

XRP price prediction

XRP (XRP) continues to trade near the moving averages, indicating a state of equilibrium between the buyers and sellers.

XRP/USDT daily chart. Source: Cointelegraph/TradingView

The flattish moving averages and the RSI just below the midpoint do not give either bulls or bears a clear advantage. If the price turns down and breaks below the $1.27 level, the XRP/USDT pair may remain inside the descending channel pattern for a few more days.

On the upside, the bulls are expected to encounter stiff resistance at the downtrend line and then at the $1.61 level. Buyers will have to overcome the $1.61 barrier to signal a potential trend change. The XRP price may then rally to $2.

Solana price prediction

Solana (SOL) is facing selling pressure at the $90.73 level, but a positive for the bulls is that they have not ceded much ground to the bears.

SOL/USDT daily chart. Source: Cointelegraph/TradingView

The bulls will again attempt to push the SOL price above $90.73. If they succeed, the SOL/USDT pair may surge to $98. Sellers are expected to vigorously defend the $98 level, as a close above it may catapult the pair to $117.

Contrary to this assumption, if the price turns down and breaks below the moving averages, it suggests that the pair may remain inside the tight range for a while longer. A break below the $82.65 level opens the doors for a fall to $76.

Dogecoin price prediction

Dogecoin (DOGE) declined sharply from the $0.12 resistance level on Wednesday, indicating profit-taking by short-term traders.

DOGE/USDT daily chart. Source: Cointelegraph/TradingView

The 20-day EMA ($0.10) is the critical support level to watch in the near term. If the DOGE price turns up sharply from the 20-day EMA, the bulls will again attempt to pierce the $0.12 resistance. If they manage to do that, the DOGE/USDT pair may rally to $0.14, then to $0.16.

Conversely, a break and close below the 20-day EMA suggest that the pair may remain within the $0.09 to $0.12 range for a few more days.

Hyperliquid price prediction

Hyperliquid (HYPE) turned down from the $43.76 to $45.77 zone on Wednesday, indicating aggressive selling by the bears.

HYPE/USDT daily chart. Source: Cointelegraph/TradingView

The HYPE price pulled back to the 20-day EMA ($41.69), an important level to watch. If the price turns up sharply from the 20-day EMA, the bulls will again endeavor to clear the overhead hurdle. If they manage to do that, the HYPE/USDT pair may surge to $50.

This bullish view will be invalidated in the near term if the price continues lower and breaks below the 50-day SMA ($40.29). The pair may then descend to $34.45.

Related: Four signs that show Ethereum’s rally is exhausted at $2.4K

Cardano price prediction

Cardano (ADA) continues to oscillate within the broad range of $0.22 to $0.31, indicating a balance between supply and demand.

ADA/USDT daily chart. Source: Cointelegraph/TradingView

The 20-day EMA ($0.25) has begun to turn up gradually, and the RSI is in positive territory, indicating a slight edge for the bulls. If the price turns up above the moving averages, the bulls will attempt to drive the ADA/USDT pair to $0.30 and, later, to the stiff overhead resistance at $0.31.

Contrarily, a break below the moving averages suggests that the bulls are losing their grip. The bears will then strive to pull the ADA price to the $0.22 support.

Zcash price prediction

Zcash (ZEC) broke above the $560 resistance on Wednesday, but the bears stalled the rally at $607.

ZEC/USDT daily chart. Source: Cointelegraph/TradingView

The shallow pullback is a positive sign, as it indicates the bulls are not rushing to close their positions. That improves the prospects of the continuation of the uptrend. If the ZEC/USDT pair breaks above $607, the next target is likely $750.

On the downside, support lies at the 38.2% Fibonacci retracement level at $496, then at the 50% retracement level at $462. Sellers will be back in the driver’s seat on a close below the 61.8% retracement level of $428.

Bitcoin Cash price prediction

Bitcoin Cash (BCH) turned down sharply from $486 on Wednesday, suggesting bears are aggressively defending the level.

BCH/USDT daily chart. Source: Cointelegraph/TradingView

The flattish 20-day EMA ($450) and the RSI near the midpoint suggest that the BCH/USDT pair may remain inside the $419 to $486 range for some more time.

The next trending move is expected to begin on a close above $486 or below $419. If buyers secure a close above $486, the BCH price may start an up move to $520. Alternatively, a close below the $419 support signals the resumption of the next leg of the downtrend toward $375.

Key points:

Bitcoin’s rally through $79,500 opens the door to a move toward $84,000.Ether, Dogecoin and Hyperliquid are showing strength, but the other major altcoins are yet to pick up momentum.

Bitcoin (BTC) opened the new week with a rally above $80,500, suggesting the bulls are attempting to take charge. Analysts are closely watching the $80,000 level, as some believe a failure to close above it could trigger a move toward $60,000. 

However, crypto analyst Matthew Hyland said in a post on X that traders calling BTC’s fall to $60,000 and lower ‘will be the ones flipping bullish late above $90K.” 

BTC’s 30-day liquidation map shows that a rally above $84,000 would trigger $2.85 billion worth of short liquidations across all exchanges.

Crypto market data daily view. Source: TradingView

A positive sign for the bulls is that BTC’s rise continues to be supported by institutional investors. Capriole Investments founder Charles Edwards said in a post on X that institutions have been “slurping up 500%+ of Bitcoin’s daily mined supply.” Such instances in the past have boosted prices by more than 24% in the following month. If history repeats, BTC may surge to around $96,000.

Could BTC and the major altcoins sustain the breakout? Let’s analyze the charts of the top 10 cryptocurrencies to find out. 

S&P 500 Index price prediction

The S&P 500 Index (SPX) remains in a strong uptrend, rising to a new all-time high of 7,272 on Friday.

SPX daily chart. Source: Cointelegraph/TradingView

The upsloping 20-day exponential moving average (7,043) indicates an advantage to buyers, but the relative strength index (RSI) near the overbought zone signals that a minor consolidation or correction is possible in the near term.

The 7,000 level is the crucial support to watch out for on the downside. A solid bounce off the 7,000 level suggests that the bulls have flipped it into support. That improves the prospects of a rally to 7,500. 

On the contrary, a close below the 7,000 support may sink the index to the 50-day simple moving average (6,827).

US Dollar Index price prediction

The US Dollar Index (DXY) has been stuck between the 50-day SMA (98.97) and the 97.74 support.

DXY daily chart. Source: Cointelegraph/TradingView

The downsloping 20-day EMA (98.61) and the RSI in the negative territory indicate that the bears are at a slight advantage. If the price breaks below the 97.74 support, the index may tumble toward the 96.21 level.

Conversely, a close above the 50-day SMA suggests that the bulls are on a comeback. The index may rally to the 100.54 resistance level, where buyers are expected to encounter solid selling pressure from bears.

Bitcoin price prediction

BTC has broken above the $79,500 resistance, signaling the resumption of the uptrend toward $84,000.

BTC/USDT daily chart. Source: Cointelegraph/TradingView

The uptrend is expected to face solid selling pressure at $84,000, but if the bulls prevent the BTC price from dipping below the 20-day EMA ($76,634), the possibility of a breakout increases. If the $84,000 level is broken, the BTC/USDT pair may surge toward the pattern target of $92,000.

Time is running out for the bears. They will have to swiftly yank the price below $76,000 to weaken bullish momentum. The pair may then tumble to the 50-day SMA ($72,798).

Ether price prediction

Ether (ETH) rose above the 20-day EMA ($2,298) on Friday and is marching toward the $2,465 overhead resistance.

ETH/USDT daily chart. Source: Cointelegraph/TradingView

Sellers will attempt to stall the rally at the $2,465 level, but if the bulls prevail, the ETH/USDT pair may jump to the resistance line. If the ETH price turns down sharply from the resistance line and breaks below the 20-day EMA, it suggests the pair may remain within the channel for some time.

On the other hand, a break and close above the resistance line signals that the bulls are back in control. The pair may then surge toward the $3,050 level.

XRP price prediction

Buyers have pushed XRP (XRP) above the moving averages, opening the door to a rally toward the downtrend line.

XRP/USDT daily chart. Source: Cointelegraph/TradingView

The flattish moving averages and the RSI just above the midpoint do not give either bulls or bears a clear advantage. Buyers will gain the upper hand on a close above the $1.61 level. The XRP/USDT pair may then rally to $2, then to $2.40.

Contrary to this assumption, if the XRP price turns down from the $1.61 level, it would suggest that bears are active at higher levels. That may extend the pair’s stay inside the $1.27 to $1.61 range for a while.

BNB price prediction

BNB (BNB) has been trading near its moving averages over the past few days, indicating indecision between bulls and bears.

BNB/USDT daily chart. Source: Cointelegraph/TradingView

The flattish moving averages and the RSI just above the midpoint suggest that the BNB/USDT pair may remain inside the $570 to $687 range for a few more days.

The next trending move is expected to begin on a close above $687 or below $570. If bulls push the BNB price above the $687 resistance, the pair is expected to gain momentum and surge to $790. Alternatively, a close below $570 signals the resumption of the downtrend toward $500.

Solana price prediction

Solana (SOL) is attempting to rise above the moving averages, indicating demand at lower levels.

SOL/USDT daily chart. Source: Cointelegraph/TradingView

A close above the moving averages may push the SOL price to the $90.73 resistance. Sellers will attempt to defend the $90.73 level, but if the bulls prevail, the SOL/USDT pair may surge to $98. 

On the downside, the bears will need to push the price below $82.65 to gain the upper hand. If they do that, the pair may descend to the solid support at $76. The next trending move is expected to begin on a close above $98 or below $76.

Related: BTC price can ‘easily’ hit $95K: Five things to know in Bitcoin this week

Dogecoin price prediction

Dogecoin (DOGE) has broken above the $0.11 resistance level, clearing the path for a rally toward $0.12.

DOGE/USDT daily chart. Source: Cointelegraph/TradingView

The 20-day EMA ($0.10) has started to turn up, and the RSI is in the overbought zone, indicating that the buyers have the edge. Sellers are expected to mount a strong defense at the $0.12 level, but if buyers bulldoze through, the rally may reach $0.14 and eventually $0.16.

Instead, if the DOGE price turns down sharply from $0.12 and breaks below the moving averages, it suggests that the bears remain sellers on rallies. That may keep the DOGE/USDT pair within the $0.09-$0.12 range for a few more days.

Hyperliquid price prediction

Hyperliquid (HYPE) is maintaining above the 20-day EMA ($41.04), but the long wick on the candlestick shows selling at higher levels.

HYPE/USDT daily chart. Source: Cointelegraph/TradingView

The uptrend is expected to face selling pressure in the $43.76 to $45.77 resistance zone. If the HYPE price turns down from the current level or the overhead zone and breaks below the 50-day SMA ($40.11), the advantage will tilt toward the bears. The HYPE/USDT pair may then tumble to $38.70.

Contrarily, a break and close above the overhead zone signals the resumption of the uptrend. The pair may surge to $50 and then to $51.43.

Cardano price prediction

Cardano (ADA) has risen above the downtrend line, but the bulls are facing stiff resistance at the 50-day SMA ($0.25).

ADA/USDT daily chart. Source: Cointelegraph/TradingView

The RSI has risen just above the midpoint, signaling a slight advantage to the bulls. If buyers push the price above the 50-day SMA, the ADA/USDT pair may rally to $0.29, then to $0.31. Sellers are again expected to pose a strong challenge at the $0.31 level, as a close above it suggests that the pair may have bottomed out in the short term.

The $0.22 level is the critical support to watch out for on the downside. If the ADA price turns down and breaks below the $0.22 support level, it signals a resumption of the downtrend.

Key points:

Bitcoin is expected to face selling at $84,000, but a shallow pullback increases the likelihood of an upside breakout.Several major altcoins are showing strength at lower levels, but bears are expected to pose substantial challenges at the resistance level.

Bitcoin (BTC) rallied above $82,800 on Wednesday, but bulls were unable to hold the higher levels. However, a positive sign for the bulls is that BTC exchange-traded funds recorded $1.63 billion in net inflows in May, according to SoSoValue data. That suggests investors are building positions as they anticipate the uptrend to continue. 

Analyst PlanC said in a post on X that BTC was about to enter its first supercycle, which began at the bear-market low of $16,000 in Nov. 2022. He expects BTC to rise above $250,000 in the second half of 2027 to the first half of 2028. 

Crypto market data daily view. Source: TradingView

Not everyone is convinced that the bear market is over. Crypto investment company TradingShot noted in an X post BTC’s rejection at the 200-day simple moving average ($83,313), which coincides with the previous low acting as target objective of $50,000.

Could BTC and the major altcoins break above their overhead resistance levels? Let’s analyze the charts of the top 10 cryptocurrencies to find out.

Bitcoin price prediction

BTC has been gradually rising toward the $84,000 level, indicating sustained buying by the bulls. 

BTC/USDT daily chart. Source: Cointelegraph/TradingView

Sellers are expected to fiercely defend the $84,000 level, which could trigger a pullback toward the 20-day exponential moving average ($77,477). If the BTC price rebounds off the 20-day EMA with force, it signals a positive sentiment. That improves the prospects of a break above the $84,000 level. If that happens, the BTC/USDT pair may ascend to $92,000.

This bullish view will be invalidated in the near term if the price turns down and breaks below the $74,937 level. The pair may then decline to the 50-day SMA ($73,073) and later to the support line. 

Ether price prediction

Ether (ETH) has been trading above its moving averages, but the bulls have failed to break $2,465 resistance.

ETH/USDT daily chart. Source: Cointelegraph/TradingView

That suggests hesitation to buy aggressively at higher levels. Sellers will attempt to seize control by pulling the price below the moving averages. If they do that, the ETH/USDT pair may descend to the support line.

Buyers are likely to have other plans. They will attempt to maintain the ETH price above the 20-day EMA ($2,309) and overcome the resistance at that level. If they succeed, the pair may rally to $3,050.

XRP price prediction

XRP (XRP) closed above the moving averages on Tuesday, opening the gates for a rally to the downtrend line of the descending channel pattern.

XRP/USDT daily chart. Source: Cointelegraph/TradingView

The downtrend line has acted as a stiff obstacle during previous recovery attempts and may do so again. If the price reverses from the downtrend line and breaks below the $1.27 level, it suggests the XRP/USDT pair may remain within the channel for a few more days.

On the other hand, a close above the downtrend line and the $1.61 resistance signal a potential trend change. The XRP price may then skyrocket to $2 and then to $2.40.

BNB price prediction

BNB (BNB) closed above the moving averages on Tuesday, indicating that the bulls are back in the game. 

BNB/USDT daily chart. Source: Cointelegraph/TradingView

Buyers are attempting to overcome the minor resistance at $654. If they can pull it off, the BNB/USDT pair may reach $687. Sellers are expected to defend the $687 level with all their might, as a close above it could clear the path for a rally to $730 and, subsequently, to $790.

Conversely, if the BNB price turns sharply lower from the overhead resistance and breaks below the moving averages, it signals that the pair may continue its range-bound action between $570 and $687 for some time.

Solana price prediction

Solana (SOL) broke above the moving averages on Tuesday and rallied close to the $90.73 overhead resistance on Wednesday.

SOL/USDT daily chart. Source: Cointelegraph/TradingView

The flattish moving averages and the RSI in the positive territory indicate a slight edge to the bulls. If the $90.73 level is scaled, the SOL/USDT pair may rally to the stiff overhead resistance at $98. Sellers are expected to vigorously defend the $98 level, as a close above it may propel the SOL price to $117.

Instead, if the price turns down and breaks below the moving averages, it suggests the pair may remain within the $76 to $98 range for a few more days.

Dogecoin price prediction

Dogecoin (DOGE) continued its march toward the $0.12 resistance level, where sellers are expected to step in.

DOGE/USDT daily chart. Source: Cointelegraph/TradingView

A shallow pullback from the $0.12 level suggests that the bulls are not hurrying to close their positions. That increases the possibility of an upside breakout. If the $0.12 resistance level is broken, the DOGE/USDT pair may jump to $0.14 and then to $0.16.

Alternatively, if the DOGE price turns sharply lower and breaks below the 20-day EMA ($0.10), it suggests that bears are aggressively defending the $0.12 level. That may retain the pair inside the $0.09 to $0.12 range for a while.

Hyperliquid price prediction

Hyperliquid (HYPE) charged higher on Tuesday, but the up move is facing resistance in the $43.76 to $45.77 zone.

HYPE/USDT daily chart. Source: Cointelegraph/TradingView

The 20-day EMA ($41.55) has started to turn higher, and the RSI is in positive territory, indicating that the path of least resistance is higher. If buyers pierce the $45.77 level, the HYPE/USDT pair may soar to $50.

The 50-day SMA ($40.22) is the critical support to watch out for on the downside. A break and close below the 50-day SMA suggests that the bulls have given up. The HYPE price may then tumble to $34.45.

Related: Zcash price may hit $800 as $2.7B hedge fund reveals ‘significant position’ in ZEC

Cardano price prediction

Cardano (ADA) cleared the 50-day SMA ($0.25) hurdle on Tuesday, indicating that the bulls are attempting a comeback.

ADA/USDT daily chart. Source: Cointelegraph/TradingView

The recovery attempt is expected to face selling pressure at $0.28, then at $0.30. If both levels are breached, the next target is likely $0.31, a critical resistance to watch. A break above $0.31 signals the start of a potential new up move.

This positive view will be negated in the near term if the ADA price turns down and breaks below the moving averages. That suggests the bears continue to sell on rallies. The ADA/USDT pair may then slump to the solid support at $0.22.

Bitcoin Cash price prediction

Bitcoin Cash (BCH) turned up from the $443 support on Tuesday and broke above the moving averages.

BCH/USDT daily chart. Source: Cointelegraph/TradingView

Buyers continued their buying and pushed the BCH price to $486 on Wednesday. However, the long wick on the candlestick shows that the bears are active at higher levels. That suggests the BCH/USDT pair may remain inside the large $486 to $419 range for a few more days.

Buyers will be back in the driver’s seat if they push the price above the $486 resistance and sustain it. That opens the gates for a rally to $520.

Zcash price prediction

Zcash (ZEC) turned up from the 20-day EMA ($389) on Thursday and rose above the $560 resistance on Wednesday.  

ZEC/USDT daily chart. Source: Cointelegraph/TradingView

The sharp rally over the past few days has pushed the RSI into overbought territory, signaling the possibility of a near-term consolidation or pullback. A shallow pullback from the current level suggests that the bulls are holding their positions as they anticipate the uptrend continuing. That increases the likelihood of a rally to the formidable resistance at $750.

A risk to the continuation of the up move is that sharp rallies are followed by equally sharp pullbacks. If the ZEC price maintains below $560, the ZEC/USDT pair may drop to the 38.2% Fibonacci retracement level of $496 and then to the 50% retracement level of $462.

Spot Bitcoin (BTC) exchange-traded funds (ETFs) have recorded almost $1 billion in inflows since the cryptocurrency reclaimed $80,000.

Bitcoin ETFs posted $467.4 million of inflows on Tuesday as BTC surged past $81,000, extending Monday’s $532 million inflows, according to SoSoValue data, bringing the two-day total to more than $999 million.

The latest inflows follow April’s $1.97 billion in total net inflows, pointing to strong demand as Bitcoin’s rebound continues.

Since May 1, the funds have attracted a total of $1.63 billion in inflows, bringing cumulative inflows to $59.7 billion and total assets under management to roughly $109 billion, the highest level so far this year.

Daily spot Bitcoin ETF flows since Friday. Source: SoSoValue

The inflows came despite Strategy executive chairman Michael Saylor signaling potential Bitcoin sales to meet corporate obligations in an apparent departure from his long-standing “never sell Bitcoin” messaging.

Bitcoin ETFs show resilience with 8% outflows vs 50% BTC drawdown

The resilience in Bitcoin ETF flows comes even after a roughly 50% drawdown in Bitcoin during the cycle, while ETFs saw outflows of about 8% of assets, according to Bloomberg ETF analyst Eric Balchunas.

In a Roxom TV interview on Tuesday, the analyst pointed to the role of distribution networks, saying Wall Street wholesalers have effectively been unlocked by the products’ structure.

“Don’t underestimate the firepower of Wall Street wholesalers,” he said in reference to the flows.

Source: Eric Balchunas

The dynamic suggests that ETFs have helped stabilize investor access to Bitcoin during sharp price swings, keeping demand flowing through traditional financial channels even in volatile conditions.

Altcoin ETFs pick up steam with gains across ETH, XRP, SOL and DOGE

The positive trend has been extended across altcoin ETFs, with Ether (ETH) funds posting $97.6 million inflows on Tuesday, according to SoSoValue.

XRP funds gained $11.3 million, while Solana (SOL) ETFs posted minor inflows at $1.7 million.

Related: Crypto products post 5th straight week of inflows despite mid-week selloff

Dogecoin (DOGE) ETFs stood out with roughly $400,000 inflows, marking their first gains since April 27. The move brought DOGE’s total cumulative inflows past $10 million, while total assets under management stand at $14 million.

Magazine: Bitcoiners eye ‘sell in May,’ SBF’s bid for new trial shut down: Hodler’s Digest, April 26 – May 2

Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.

Whales now control around 11% of the meme coin’s circulating supply.

Dogecoin has been among the best-performing cryptocurrencies (at least in the top 100) over the past week.

The recent whale behavior signals that the asset could be gearing up for a further ascent, while certain analysts envision a price explosion in the coming months.

Buying More

The undisputed leader in the meme coin niche has pumped by 12% on a seven-day scale and is currently worth around $0.11 (per CoinGecko data). Its market capitalization has reached $17 billion, widening the gap with Shiba Inu, which reclaimed the second position.

DOGE’s rally comes on the back of increased appetite from the large investors. The popular analyst Ali Martinez revealed that whales have scooped up 160 million coins (equivalent to approximately $17.6 million) in 96 hours. This group of market participants now holds roughly 18.15 billion DOGE, or 11% of the circulating supply.

Purchases of this type reduce the number of tokens available on the market, which could trigger a price ascent (should demand remain constant or increase). They also signal confidence from the big players, and smaller investors could follow their lead.

Earlier this month, the on-chain analytics platform Santiment disclosed that Dogecoin’s whales have hit a six-month high in activity, with 739 transfers of more than $100,000 in a single day. Moreover, the total holdings of the 149 investors who hold at least 100 million DOGE each surged to a record 108.52 billion coins.

Many analysts on X believe the meme coin has yet to post substantial gains. The one using the moniker Celal Kucuker recently argued that DOGE is the only major altcoin capable of a 20x increase and forecasted that its price could explode to $2.20 by May next year.

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The Bearish Signals

Despite the positive momentum, certain indicators suggest DOGE could experience a pullback in the near future. One of those is the Relative Strength Index (RSI), whose ratio has soared past 70, meaning that the asset has entered overbought territory. The technical analysis tool runs from 0 to 100, and conversely, anything below 30 is interpreted as a buying opportunity.

Another bearish factor is DOGE’s recent exchange netflow. Over the past several days, inflows have surpassed outflows, suggesting that investors have moved holdings from self-custody towards centralized platforms, thereby increasing immediate selling pressure.

 

A wave of whale transactions and rising holdings suggests something bigger may be unfolding behind DOGE’s latest price surge.

After a period of relative calm, the OG meme coin, Dogecoin (DOGE), has surged even as other top crypto assets have pulled back from gains.

Interestingly, Santiment revealed Dogecoin whale activity has surged to a six-month high.

DOGE Whales Make Their Move

On-chain data recorded 739 transfers of more than $100,000 in a single day. Among 149 wallets holding at least 100 million DOGE each, total holdings have reached an all-time high of 108.52 billion DOGE, which is worth around $11.6 billion.

This uptick in large transactions comes alongside a 14% increase in Dogecoin’s price over the past 10 days, which Santiment believes “is very likely not just a coincidence.” DOGE briefly touched 11 cents before a mild correction to $0.1091 on Friday.

Crypto analyst Ali Martinez recently flagged one of DOGE’s biggest transaction spikes of the year on April 16 after nearly $800 million moved in 24 hours. He noted that sudden jumps in network activity such as this have historically come before periods of volatility, often reflecting large wallets repositioning. The analyst also highlighted the aggressive accumulation by large holders during the ongoing consolidation phase, which suggested supply is being absorbed.

He said this trend typically indicates the formation of a price floor. With DOGE now trading above $0.1018, a level that has blocked five breakout attempts, he sees $0.1172 as the next target.

Several industry experts share a similar bullish outlook for the meme coin.

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Futures Market Heats Up

Dogecoin’s futures market has picked up pace as its open interest reached 15.3 billion tokens, as per data compiled by Coinglass.

Binance dominated DOGE open interest with more than 4 billion, while Gate.io followed at 1.86 billion. Bitget, Bybit, and OKX each hovered near 1.4 billion. Meanwhile, other platforms such as Hyperliquid, MEXC, and KuCoin also held strong positions.

With both price and futures activity climbing, it appears traders are opening new positions rather than just exiting old ones. That usually supports the ongoing upward move in DOGE. At the same time, the build-up of leveraged trades means any change in momentum could trigger quick and sharp pullbacks.

Key points:

Buyers are struggling to sustain the BTC rebound, suggesting bears are attempting a comeback.Several major altcoins risk breaking below their support levels, signaling a deeper short-term pullback.

Bitcoin (BTC) rallied above $77,900 on Wednesday, but the long wick on the candlestick shows selling on rallies. On-chain analyst Willy Woo said in a post on X that BTC needs to close above the $79,000 cost basis of recent investors to strengthen the recovery. Woo gave BTC only 30% odds of rising above $79,000 in this attempt.

Another cautious view came from crypto trading account CRYPTOWZRD, who highlighted the risks of downside in June. CRYPTOWZRD said in a post on X that historically BTC has corrected for a few months after a new Federal Reserve chair takes over. With Kevin Warsh slated to take over as the Fed chair in May, could BTC “break the curse,” or will it see a final dip? 

Crypto market data daily view. Source: TradingView

Analysts remain divided about BTC’s prospects in the near term. Some analysts believe BTC will breakout to a new all-time high and rally to as high as $250,000 in 2026, while others anticipate a drop below $50,000 to as low as $30,000. Although anything is possible in the cryptocurrency markets, traders should watch crucial support and resistance levels closely rather than becoming overly optimistic or pessimistic based on target projections.

Could BTC and the major altcoins stay above their immediate support levels? Let’s analyze the charts of the top 10 cryptocurrencies to find out.

Bitcoin price prediction

BTC bounced off the 20-day exponential moving average ($75,478) on Wednesday, but the bulls could not sustain the higher levels. 

BTC/USDT daily chart. Source: Cointelegraph/TradingView

The 20-day EMA is the critical near-term support to watch out for. If the BTC price rebounds off the 20-day EMA with force and breaks above $80,000, it signals that the bulls have flipped the $76,000 level into support. The BTC/USDT pair may then rally to $84,000.

This positive view will be negated in the near term if the price continues lower and breaks below the 20-day EMA. That suggests the bears are active at higher levels. The pair may then tumble to the 50-day simple moving average ($72,086) and later to the support line.

Ether price prediction

Buyers are attempting to sustain Ether (ETH) above the 20-day EMA ($2,291), but the bears continue to exert pressure.

ETH/USDT daily chart. Source: Cointelegraph/TradingView

If the ETH price continues lower and breaks below the moving averages, it suggests that the bears are on a comeback. The ETH/USDT pair may then slump to the support line, where the buyers are expected to step in.

Conversely, if the price turns up from the moving averages, it suggests that the lower levels are attracting buyers. The pair may rise to $2,465 and then to the resistance line of the ascending channel pattern.  

XRP price prediction

XRP (XRP) fell below the moving averages on Tuesday, indicating that the bears are attempting to take charge.

XRP/USDT daily chart. Source: Cointelegraph/TradingView

XRP price may slide to $1.27, where buyers are expected to mount a strong defense. If the price rebounds off the $1.27 support and rises above the moving averages, the recovery may reach the downtrend line. A close above the downtrend line signals a potential trend change. 

Conversely, a break below the $1.27 level puts the Feb. 6 low of $1.11 at risk of a breakdown. The pair may then plummet to $1 and then to the support line.

BNB price prediction

BNB (BNB) remains stuck inside the large range between $570 and $687, signaling buying on dips and selling on rallies. 

BNB/USDT daily chart. Source: Cointelegraph/TradingView

The flattish moving averages and the RSI just below the midpoint suggest that the BNB/USDT pair may continue consolidating for some time.

Buyers will gain the upper hand if they push the BNB price above $687. If they manage to do that, the pair may surge to $730, then to $790. On the other hand, a break below the $570 support signals the resumption of the downtrend. The pair may then collapse to $500.

Solana price prediction

Solana (SOL) has been trading inside a tight range between $82.65 and $90.73, indicating a balance between supply and demand.

SOL/USDT daily chart. Source: Cointelegraph/TradingView

If the price breaks below $82.65, the SOL/USDT pair may decline toward the $76 support. Buyers are expected to fiercely defend the $76 level, as a close below it may sink the pair to $67.

On the upside, a break and close above the $90.73 level would indicate a slight advantage for the bulls. The SOL price may then reach the overhead resistance at $98. This is a critical level to watch out for as a break above $98 opens the doors for a rally to $117.

Dogecoin price prediction

Dogecoin (DOGE) bounced off the 20-day EMA ($0.10) on Monday, indicating buying on dips.

DOGE/USDT daily chart. Source: Cointelegraph/TradingView

The bulls pushed the DOGE price above $0.11 on Wednesday, but the long wick on the candlestick indicates that bears remain active at higher levels. A break below the 20-day EMA signals that the DOGE/USDT pair may remain range-bound between $0.09 and $0.12 for a few more days.

On the other hand, if the price rebounds off the $0.10 level, it increases the possibility of a rally to $0.12. A close above the $0.12 resistance suggests that the pair may have bottomed out in the short term.

Hyperliquid price prediction

Hyperliquid (HYPE) turned down from the $43.76 overhead resistance on Monday and fell to the 50-day SMA ($39.70) on Tuesday.

HYPE/USDT daily chart. Source: Cointelegraph/TradingView

Sellers will attempt to strengthen their position by pulling the HYPE price below the 50-day SMA. If they manage to do that, the HYPE/USDT pair may initiate a deeper pullback to $37.77, then to $34.45.

On the upside, the bears will continue to pose a substantial challenge in the $43.76-$45.77 zone. However, if buyers break above the overhead zone, the pair may rally to $50 and then to $51.43. 

Related: XRP set for ‘strongest’ 2026 monthly ETF inflows as bulls target $2

Cardano price prediction

Cardano (ADA) is facing selling near the downtrend line, but a minor positive is that the bulls have not given up much ground to the bears.

ADA/USDT daily chart. Source: Cointelegraph/TradingView

That suggests the bulls will again attempt to drive the ADA price above the downtrend line. If they succeed, the ADA/USDT pair may rally to $0.32 and then to $0.37. Such a move signals a potential trend change.

Sellers are likely to have other plans. They will attempt to defend the downtrend line and pull the price to the solid support at $0.22. A close below the $0.22 level indicates the resumption of the downtrend.

Bitcoin Cash price prediction

Bitcoin Cash (BCH) bounced off the $443 support on Tuesday, but bulls are struggling to push the price above the moving averages.

BCH/USDT daily chart. Source: Cointelegraph/TradingView

The flattish moving averages and the RSI near the midpoint do not give either bulls or bears a clear advantage. If the BCH price maintains above the moving averages, the possibility of a rise to the $486 level increases. Sellers are expected to aggressively defend the $486 level, as a close above it opens the door to a rally to $520.

On the downside, a close below the $443 level may sink the BCH/USDT pair to the solid support at $419.

Monero price prediction

Monero (XMR) surged above the $390 resistance on Sunday, but the bulls could not sustain the breakout.

XMR/USDT daily chart. Source: Cointelegraph/TradingView

The XMR price pulled back to the 20-day EMA ($364), where the buyers stepped in. If the XMR/USDT pair continues higher and breaks above the $406 level, it signals the start of a new up move toward $500.

Contrary to this assumption, if the price turns sharply lower and breaks below the moving averages, it suggests the pair may remain within the $302 to $390 range for some time.

Key points:

Bitcoin continues to face resistance near $79,500, but the trajectory remains up as long as the price holds above $76,000.Most major altcoins are not showing any directional bias, suggesting a near-term consolidation.

Bitcoin (BTC) attempted to rise above $79,500, but the bears held their ground. BTC investor and author Michael Terpin told Cointelegraph that BTC risks falling to $57,000 in October 2026, based on a study of the “historical average” drawdown of about one year from a market-cycle top. Terpin added that BTC will have to rise above $100,000 for the bull market to resume.

Another negative view came from Bitcoin analyst Matthew Hyland, who said in a post on X that the “larger expected consensus outcome for BTC is another leg lower by October.” Veteran trader Peter Brandt also opined in an X post that BTC may form “an investable low” in September or October.

Crypto market data daily view. Source: TradingView

While several analysts expect a fall in BTC, crypto sentiment platform Santiment has a different view. Santiment said in a post on X that BTC wallets holding between 10 and 10,000 BTC have added 40,967 BTC since April 10, while retail investors holding less than 0.1 BTC have accumulated 46 BTC during the same period. If whales continue to buy and retail investors book profits, that may signal a long-term bull run.

Could BTC and the major altcoins rebound off the support? Let’s analyze the charts of the top 10 cryptocurrencies to find out. 

S&P 500 Index price prediction

The S&P 500 Index (SPX) rose to a new all-time high on Friday, indicating that the bulls are in command.

SPX daily chart. Source: Cointelegraph/TradingView

The upsloping 20-day exponential moving average (6,948) and the relative strength index (RSI) near the overbought zone suggest the up move may continue. The next levels to watch on the upside are 7,500 and then 7,877.

Sellers will have to swiftly yank the price back below the 20-day EMA to weaken the bullish momentum. If they manage to do that, the index may tumble to the 50-day simple moving average (6,795).

US Dollar Index price prediction

The US Dollar Index (DXY) reached the moving averages, where the bears are posing a stiff challenge.

DXY daily chart. Source: Cointelegraph/TradingView

The bears will attempt to push the price toward the 97.74 level, where buyers are expected to step in. However, if the bears push the price below the 97.74 level, the index may sink toward the 96.21-95.55 support zone.

On the upside, the bulls will need to sustain prices above the moving averages to increase the likelihood of a rally toward the 100.54 level. The bears will attempt to keep the index inside the 95.55 to 100.54 range by selling near the overhead resistance.

Bitcoin price prediction

BTC has been sustaining above the breakout level of $76,000, indicating that the bulls are not hurrying to book profits.

BTC/USDT daily chart. Source: Cointelegraph/TradingView

The upsloping moving averages and the RSI in the positive zone signal that the path of least resistance is upward. If buyers thrust the price above $80,000, the BTC/USDT pair may skyrocket to $84,000. 

Time is running out for the bears. They will have to quickly pull the BTC price below the 20-day EMA to gain the upper hand. The pair may then decline to the 50-day SMA ($71,820), signaling that the bears are active at higher levels.

Ether price prediction

Ether (ETH) remains above the 20-day EMA ($2,295), but bulls have failed to push it above the $2,465 resistance.

ETH/USDT daily chart. Source: Cointelegraph/TradingView

Sellers will attempt to strengthen their position by pulling the ETH price below the 20-day EMA. If they succeed, it suggests the ETH/USDT pair may remain within the ascending channel for a while longer.

Buyers will have to thrust the price above the resistance line to seize control. The pair may then soar to $3,050. Sellers will be back in the driver’s seat on a close below the support line.

XRP price prediction

XRP (XRP) remains stuck inside the $1.27 to $1.61 range, indicating buying on dips and selling on rallies.

XRP/USDT daily chart. Source: Cointelegraph/TradingView

The 20-day EMA ($1.40) has started to turn up gradually, and the RSI is near the midpoint, indicating that the bulls have a slight edge. There is minor resistance at $1.51, but if it is crossed, the XRP/USDT pair may reach the downtrend line. A break and close above the downtrend line signals a potential trend change. The pair may then rally to $2.

Sellers are likely to have other plans. They will attempt to pull the XRP price back below the moving averages, retaining the pair inside the range.

BNB price prediction

BNB (BNB) is finding support at the moving averages, but the bulls have failed to trigger a strong bounce off them.

BNB/USDT daily chart. Source: Cointelegraph/TradingView

Buyers will need to drive the BNB price above $654 to signal strength. The BNB/USDT pair may then test the $687 resistance level, a critical level to watch. If buyers pierce the $687 level, the pair may jump to $730 and then to $790.

Instead, if the price turns down from the current level or the overhead resistance and breaks below the moving averages, it suggests the pair may remain within the $570 to $687 range for a few more days.

Solana price prediction

Solana (SOL) continues to trade near the moving averages, indicating a balance between supply and demand.

SOL/USDT daily chart. Source: Cointelegraph/TradingView

There is a minor obstacle at $90.73, but if that level is broken, the SOL/USDT pair may reach the $98 resistance. Sellers are expected to defend the $98 level with all their might, as a close above it opens the doors for a rally to $117.

Alternatively, if the SOL price turns down from the current level or the overhead resistance and breaks below $82.94, it suggests that the bears are attempting to take charge. The pair may then collapse to the $76 support.

Related: First 21-week trend line reclaim since October 2025: Five things to know in Bitcoin this week

Dogecoin price prediction

Dogecoin (DOGE) has been gradually moving higher but is expected to face selling in the $0.10 to $0.11 zone.

DOGE/USDT daily chart. Source: Cointelegraph/TradingView

If the DOGE price turns down from the overhead resistance zone, it is expected to find support at the moving averages. A sharp bounce off the moving averages increases the possibility of a rally to the $0.12 level.

Contrarily, if the price turns down and breaks below the moving averages, it signals that the bears remain sellers on rallies. The DOGE/USDT pair risks resuming the downtrend if the $0.09 support breaks down. 

Hyperliquid price prediction

Hyperliquid (HYPE) resumed its northward march after breaking above the $41.88 resistance on Sunday.

HYPE/USDT daily chart. Source: Cointelegraph/TradingView

The uptrend is facing selling pressure in the $43.76 to $45.77 zone, as seen in the long wick on the candlestick. Sellers will attempt to sink the HYPE price below the 20-day EMA ($41.25), opening the door to a drop toward the 50-day SMA ($39.50). 

Conversely, if the price rises above the current level or the 20-day EMA and breaks above $45.77, it signals that the bulls remain in control. That may propel the HYPE/USDT pair toward the $50-$51.43 resistance zone.

Cardano price prediction

Cardano (ADA) has been clinging to the moving averages for several days, improving the prospects of an upside breakout.

ADA/USDT daily chart. Source: Cointelegraph/TradingView

The downtrend line is the crucial resistance to watch out for as a close above it signals a potential short-term trend change. The ADA/USDT pair may surge to $0.32, then to $0.37.

On the contrary, if the ADA price turns down sharply from the downtrend line, it suggests that the bears are aggressively defending the level. The pair may then slump to the $0.22 support.

Here’s what’s new and catching attention around XRP, ETH, and DOGE.

Ripple’s cross-border token has slightly retraced over the past week, yet certain indicators suggest that it might be transitioning to a bullish trend.

Ethereum (ETH) failed to reach $2,500, and analysts are now divided on its short-term performance. Dogecoin (DOGE) remains the biggest meme coin by market capitalization, with some crypto commentators expecting a price explosion into undiscovered territory in the near future.

XRP Bulls to Regain Control?

The asset’s price has been hovering between $1.40 and $1.50 over the last seven days, currently worth approximately $1.42 (per CoinMarketCap’s data). While this represents a minor 1% decline on a weekly basis, the popular analyst Ali Martinez outlined three factors suggesting that XRP’s structural shift could move from bearish to bullish.

First, he claimed that the SuperTrend indicator has flashed a buy signal for the first time since January. Second, Martinez paid attention to recent whale activity, noting that large investors purchased 300 million XRP last week alone. Such accumulations signal strong conviction from these market participants and could prompt smaller players to follow their lead.

Last but not least, the analyst argued that the amount of XRP held on crypto exchanges continues to decline – a trend often viewed as bullish because it reduces immediate selling pressure.

Martinez made an important disclaimer, stating that the breakout will be validated if the price closes above $1.55 on a daily scale. “The bullish outlook remains intact as long as XRP maintains the $1.30 support zone,” he concluded.

ETH’s Next Targets

The second-largest cryptocurrency surged to almost $2,500 in mid-April, but has since retraced to its current $2,300. The analyst CRYPTOWZRD claimed that breaking above the $2,380 resistance and holding there could open the door to a renewed uptrend, while CryptoTony predicted:

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“A reclaim of $2360 and we can talk a leg up and a safer long entry, but not for now.”

Some industry participants made rather ridiculous forecasts, and it is no surprise that Bitmine’s Tom Lee is among them. He recently envisioned a parabolic ascent to the staggering $250,000. One should keep in mind that Bitmine has been aggressively buying ETH lately and now controls over 4% of the asset’s circulating supply.

What About DOGE?

The OG meme coin has slipped below $0.10, but it remains the 10th-largest cryptocurrency with a market capitalization of around $15 billion. The analyst, using the X moniker Don, recently opined that DOGE has been trading above a certain support zone since 2021, setting the next critical resistance at $0.40. According to him, such a rise could set the stage for a jump to an all-time high of $1.

Other analysts who chipped in lately include Mikybull Crypto and Cryptollica. The former sees Dogecoin “so primed for a big move,” while the latter envisioned a possible explosion to $1.60.

Similar to XRP, DOGE has also attracted the whales who recently scooped up 330 million coins in a few days. As mentioned above, this is a bullish factor that may be a precursor of an incoming rally.