“This old meme coin is about to do something insane,” one X user predicted.

The largest meme coin by market capitalization has followed the broader crypto market’s decline, but that hasn’t stopped analysts from making bullish price predictions.

Several technical indicators reinforce the optimistic outlook, suggesting bearish pressure may soon ease.

Rebound Incoming?

As of this writing, DOGE trades at around $0.096, representing a 6% plunge on a weekly scale. While this might sound concerning, the meme coin has held up far better than BTC (down 10% during this period) and well-known altcoins such as BCH and SUI, which have dropped by almost 20%.

The asset has become the subject of numerous price predictions lately, with Ali Martinez being among the commentators. He claimed that the TD Sequential indicator has flashed a buy signal on DOGE, adding that if the $0.096 support holds firm, $0.11 could be next. X user CryptoBoss made a similar forecast, arguing that the current levels offer a buying opportunity and envisioning a rise to roughly $0.108 in the following days.

CoinForge and MikybullCrypto were even more optimistic. The former thinks the meme coin is about to do “something insane.” They reminded that in 2024 DOGE formed a descending triangle pattern before exploding during the breakout phase.

“In 2026, DOGE is about to form that same breakout phase,” the analyst predicted.

For their part, MikybullCrypto opined that the OG meme coin is at a level that could trigger a massive rally to a new all-time high, setting a target of $2.50. It is important to note that such a price explosion seems unrealistic at this time, given that Dogecoin’s market cap would need to skyrocket to over $385 billion. Currently, BTC is the only cryptocurrency with a higher capitalization than that, while ETH (the second-largest digital asset) has less than $240 billion.

Observing Some Indicators

DOGE’s Relative Strength Index (RSI) backs the bullish case shared by the aforementioned analysts. The technical indicator has dropped below 30, indicating the asset is oversold and potentially poised for a price surge. The index ranges from 0 to 100, and conversely, anything above 70 is seen as a sign of an impending pullback.

You may also like:

Next on the list is Dogecoin’s exchange netflows. According to CoinGlass, outflows have outpaced inflows over the past several days, suggesting that investors have abandoned centralized platforms in favor of self-custody. This development reduces immediate selling pressure.

The Dogecoin Foundation’s corporate arm has partnered with Paxos to integrate DOGE across its brokerage and custody infrastructure, potentially expanding access to the memecoin through regulated financial channels.

According to a Monday announcement, Dogecoin (DOGE) will become available through Paxos’ brokerage and custody platform, allowing the company’s fintech, payments and institutional clients to evaluate support for the memecoin.

Paxos provides crypto infrastructure for several major fintech and brokerage platforms, including PayPal, Venmo, Interactive Brokers and Mercado Libre. 

The partnership does not mean those companies will automatically offer DOGE trading or custody services. However, it makes the asset available for Paxos clients to evaluate and potentially integrate into their own product offerings.

Whether the partnership translates into meaningful adoption remains to be seen. Although Dogecoin remains the largest memecoin by market capitalization — $15.53 billion per CoinMarketCap data — and has historically exhibited a strong correlation with broader crypto market sentiment, institutional demand for the asset still trails that of Bitcoin (BTC) and Ether (ETH).

There are signs that institutional interest is gradually expanding. In January 2025, Grayscale launched the Grayscale Dogecoin Trust, a private investment vehicle for accredited investors seeking exposure to DOGE. 

Asset manager 21Shares was also approved to list its Dogecoin ETF in the United States earlier this year. 

Dogecoin market capitalization, 2014-present. Source: CoinMarketCap

Related: Crypto Biz: Institutions tighten their grip on Bitcoin, AI and prediction markets

Crypto investment products face sustained outflows

The Paxos DOGE launch comes amid clear signs of subdued market appetite for digital assets across institutional and retail circles. Crypto exchange-traded products recorded $1.67 billion in net outflows last week, marking the third consecutive week of withdrawals, according to CoinShares. Total outflows over that period reached $4.21 billion.

The pullback reflects a broader risk-off sentiment across parts of the market, with investors weighing concerns around inflation, energy prices and ongoing geopolitical tensions in the Persian Gulf. 

Although investors have rotated back into risk assets such as AI and semiconductor stocks, demand for digital assets has remained subdued. CoinShares head of research James Butterfill said the trend may partly reflect a lack of progress on the CLARITY Act, a proposed US market structure bill for digital assets.

Crypto ETPs record another week of substantial outflows. Source: CoinShares

Separate data from blockchain intelligence company TRM Labs points to a slowdown in retail adoption. In April, TRM reported that global crypto adoption declined 11% in the first quarter, suggesting weaker participation despite continued institutional engagement in select areas of the market.

Related: Bitcoin sentiment reaches most ‘lopsided positive’ ratio for 2026: Santiment

Key points:

Bitcoin is under pressure as net outflows from the BTC ETFs highlight a shift in institutional investor sentiment.Most major altcoins look weak, suggesting the bears are in control.

Bitcoin (BTC) fell below $75,000 on Wednesday, indicating that the bears are slowly taking charge of the crypto market. Institutional investors seem to be on a selling spree, with BTC exchange-traded funds recording net outflows of $1.88 billion since May 15, per Farside Investors’ data. Glassnode said in a post on X that persistent net outflows from BTC ETFs on nearly every trading day since May 7 add “to the supply side without a visible demand offset.”

BTC’s weakness has sent it tumbling below its long-term valuation average, according to Bitwise. The asset management firm said in a recent report that in the past, only 36% of BTC’s market-value-to-realized-value (MVRV) readings were lower than the current level of 1.42. In comparison, roughly 99% of historical Nasdaq-100 price-to-book ratios were below their present levels, signaling the widest valuation gap on record between BTC and US tech stocks.

Crypto market data daily view. Source: TradingView

While others panic, a whale has used the drop as a buying opportunity. Blockstream CEO Adam Back said in a post on X that a BTC whale had hoovered up 450 “cheap Bitcoins” per day for the past eight and a half days using a time-weighted average price method.

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

Bitcoin price prediction

BTC turned down from the 20-day exponential moving average ($77,431) on Tuesday, signaling that the bears are selling on minor relief rallies.

BTC/USDT daily chart. Source: Cointelegraph/TradingView

The bulls will attempt to defend the crucial $76,000 to $74,289 support zone, while the bears will strive to pull the BTC price below it. If the support zone crumbles, the short-term advantage will tilt in favor of the bears. The BTC/USDT pair may then descend to the support line near $70,500, which is likely to attract buyers.

On the contrary, if the price bounces off the support zone, the bulls will again strive to drive the pair above the 20-day EMA. If they succeed, the pair may rally to $82,000 and then to $84,000.

Ether price prediction

Buyers have failed to push Ether (ETH) back above the support line, indicating that the bears are attempting to flip the level into resistance. 

ETH/USDT daily chart. Source: Cointelegraph/TradingView

There is psychological support at $2,000, but if that level cracks, the ETH/USDT pair may decline to the $1,916-$1,750 zone.

Buyers have an uphill task ahead of them. They will have to push the ETH price above the moving averages to signal strength. If they do that, it suggests that the market has rejected the breakdown below the channel. That increases the likelihood of a rally to $2,465, then to the channel’s resistance line.

BNB price prediction

Buyers are attempting to sustain BNB (BNB) above the 20-day EMA ($652), but the bears have kept up the pressure.

BNB/USDT daily chart. Source: Cointelegraph/TradingView

If the 20-day EMA gives way, the bears will strive to strengthen their position by pulling the BNB price below the 50-day SMA ($636). If they can pull it off, the BNB/USDT pair may tumble to $610, then to $570.

Conversely, if the price rebounds off the moving averages, it suggests demand at lower levels. The bulls will then again endeavor to clear the $687 overhead hurdle. If they do that, the pair may rally to $730 and then to $790.

XRP price prediction

XRP (XRP) continues to gradually slide toward the $1.27 support, indicating that the bears remain in control. 

XRP/USDT daily chart. Source: Cointelegraph/TradingView

Buyers are expected to mount a strong defense at $1.27, but the relief rally is likely to face selling at the 20-day EMA ($1.37) and then at the downtrend line. If the XRP price declines sharply from the 20-day EMA, it increases the likelihood of a break below $1.27. If that happens, the XRP/USDT pair may plunge to $1.11 and then to $1.

The first sign of strength will be a break and close above the downtrend line. The pair may then climb to the $1.61 resistance. Buyers will have to pierce the $1.61 level to signal a potential trend change.

Solana price prediction

Solana’s (SOL) has been getting squeezed between the 20-day EMA ($86.42) and the $82.65 support.

SOL/USDT daily chart. Source: Cointelegraph/TradingView

The 20-day EMA has started to turn down, and the RSI is in the negative territory, indicating a slight edge to the bears. If the price breaks below $82.65, the SOL/USDT pair may plummet to the $76 support.

Alternatively, if the SOL price rises sharply from the $82.65 level and breaks above the 20-day EMA, it suggests the pair may remain within the $76 to $98 range for a while longer.

Dogecoin price prediction

The failure of the bulls to push Dogecoin (DOGE) above the 20-day EMA ($0.10) suggests a negative sentiment.

DOGE/USDT daily chart. Source: Cointelegraph/TradingView

Sellers are attempting to sink the DOGE price below $0.10, opening the door to a retest of $0.09 support. Buyers are expected to defend the $0.09 level with all their might, as a close below it may sink the DOGE/USDT pair to $0.08.

Contrary to this assumption, if the price rises and closes above the 20-day EMA, it suggests the pair may extend its range-bound action between $0.09 and $0.12 for a few more days. Buyers will have to secure a close above $0.12 to start a new uptrend toward $0.14 and then $0.16.

Hyperliquid price prediction

Hyperliquid (HYPE) pulled back from $64.93 on Monday, signaling profit-booking by short-term traders.

HYPE/USDT daily chart. Source: Cointelegraph/TradingView

The bulls are attempting to arrest the pullback at the breakout level of $59.41. If they succeed, it suggests that the bulls have flipped the level into support. That improves the prospects of a break above the $64.93 level. The HYPE/USDT pair may then surge toward $77.

Instead, if the HYPE price breaks below $59.41, the correction may deepen to the 20-day EMA ($52.14). Buyers are expected to fiercely defend the 20-day EMA, as a slide below it would signal the start of a deeper correction toward the 50-day SMA ($44.92).

Related: Three key XRP metrics suggest ‘explosive price expansion’ is next

Zcash price prediction

Zcash (ZEC) declined from the $690 level on Monday, indicating profit-taking by short-term traders.

ZEC/USDT daily chart. Source: Cointelegraph/TradingView

Sellers are attempting to sustain the price below the 20-day EMA ($571), opening the door to a deeper correction. If they manage to do that, the ZEC price may plummet to $486 and then to the 50-day SMA ($457). 

The 20-day EMA is flattening, and the RSI has dropped toward the midpoint, indicating that the bulls are losing their grip. Buyers will have to thrust the ZEC/USDT pair above $690 to seize control.

Cardano price prediction

Cardano (ADA) remains below its moving averages, indicating that the bears have the advantage.

ADA/USDT daily chart. Source: Cointelegraph/TradingView

Sellers will endeavor to pull the ADA price to the $0.22 support. Any attempt by the bulls to start a recovery is expected to face strong selling at the 20-day EMA ($0.25). If the price declines sharply from the 20-day EMA, it increases the risk of a break below $0.22.

On the upside, a break and close above the moving averages suggests that the ADA/USDT pair may continue to oscillate inside the $0.22 to $0.31 range for some more time. The next trending move is expected to begin on a close above $0.31 or below $0.22.

Monero price prediction

Monero (XMR) has been trading within an ascending channel, suggesting buyers have the edge. 

XMR/USDT daily chart. Source: Cointelegraph/TradingView

The XMR price has bounced off the 50-day SMA ($378), indicating buying on dips. There is resistance at the downtrend line, but if the level is breached, the XMR/USDT pair may rise toward the resistance line. The bullish momentum may pick up if buyers drive and maintain the price above the resistance line.

Contrarily, if the price turns down from the downtrend line and breaks below the 50-day SMA, it suggests that the bears are selling on rallies. The pair may then drop to the support line.

Key points:

Bitcoin has dipped below $77,000, signaling that the bears are poised to seize control.Altcoins are a mixed bag, with some attempting to push through the overhead resistance while others struggle to hold on to the support.

Bitcoin (BTC) has dipped below $77,000, indicating that the bears are attempting to seize control. Glassnode said the true market mean at $78,300 has historically acted as a dividing line between bear and bull market regimes. If the price breaks sharply below the level, it suggests that the recent rally may have been a “local top within the ongoing bear market.”

Institutional investors seem to be selling, as evidenced by the sharp decline in the Coinbase premium over the past few days. LVRG research director Nick Ruck told Cointelegraph that the decline of the Coinbase premium signals selling from large holders, which “could weigh on near-term price momentum across major crypto assets.”

Crypto market data daily view. Source: TradingView

What is the crucial level that suggests the bulls are back in command? Independent analyst Filbfilb said in a post on X that the previous two bear markets had ended after “a >+20% weekly candle and a break of the weekly super trend.” If the current bear trend has to fail, BTC has to rise above the super trend level at $88,000.

Could BTC and select major altcoins hold on to their strong support levels? Let’s analyze the charts of the top 10 cryptocurrencies to find out.

Bitcoin price prediction

BTC turned down at the 20-day exponential moving average ($78,280), suggesting the bears are attempting to take charge.

BTC/USDT daily chart. Source: Cointelegraph/TradingView

The $76,000 level is the critical support to watch on the downside, as a close below it would signal an advantage to the bears. That increases the risk of a drop to the support line, which is likely to attract buyers.

Time is running out for the bulls. They will have to push and maintain the BTC price above the 20-day EMA to gain the upper hand. If they do that, the BTC/USDT pair may begin its journey toward $82,000 and eventually reach the crucial $84,000 level.

Ether price prediction

Sellers are attempting to retain Ether (ETH) below the support line, but the bulls have kept up the pressure.

ETH/USDT daily chart. Source: Cointelegraph/TradingView

The bulls will have to drive the ETH price above the moving averages to signal a comeback. If they do that, it suggests that the break below the support line may have been a bear trap. The ETH/USDT pair may climb to $2,465 and then to the resistance line of the ascending channel pattern.

Contrary to this assumption, if the price declines from the current level or the 20-day EMA and breaks below $2,077, it would signal that the bears remain in control. That may sink the pair to the $1,916 support.

BNB price prediction

BNB (BNB) rose above the 20-day EMA ($650) on Wednesday, and the bulls are attempting to push the price to $687.

BNB/USDT daily chart. Source: Cointelegraph/TradingView

Sellers will attempt to defend the $687 resistance, but if the bulls prevail, the BNB/USDT pair may march toward $730 and then $790. Such a move suggests that the pair may have bottomed out at $570.

The bears are likely to have other plans. They will attempt to defend the overhead resistance and pull the BNB price below the 50-day simple moving average ($631). If they succeed, the pair may extend its stay within the $570 to $687 range for a while longer.

XRP price prediction

XRP (XRP) remains below the moving averages, indicating that the bears are in no mood to let go of their advantage. 

XRP/USDT daily chart. Source: Cointelegraph/TradingView

Sellers will attempt to strengthen their position by pushing the XRP price below the $1.27 support level. If they manage to do so, the XRP/USDT pair may plummet to $1.11, where buyers are expected to step in.

The first sign of strength will be a close above the downtrend line. The pair may then ascend to $1.61, a crucial level to watch. If buyers overcome the barrier, the pair may surge toward $2.40.

Solana price prediction

Solana’s (SOL) relief rally reached the 20-day EMA ($87.83), where the bears are expected to pose a strong challenge.

SOL/USDT daily chart. Source: Cointelegraph/TradingView

If buyers propel the SOL price above the 20-day EMA, it suggests demand at lower levels. The SOL/USDT pair may then climb to the $98 overhead resistance. A close above $98 signals the start of a new up move toward $117.

On the contrary, if the price declines sharply from the 20-day EMA and breaks below $82.65, it suggests the bears remain in control. The pair may then tumble to the $76 support.

Dogecoin price prediction

Dogecoin (DOGE) turned up from the 50-day SMA ($0.10) on Wednesday, but the relief rally is facing resistance at the 20-day EMA ($0.11).

DOGE/USDT daily chart. Source: Cointelegraph/TradingView

If buyers pierce the 20-day EMA, the DOGE/USDT pair may rise to the $0.12 overhead resistance. Sellers are expected to defend the $0.12 level, as a close above it would signal a short-term trend change. The DOGE price may then soar to $0.14 and later to $0.16.

The 50-day SMA is the critical support to watch on the downside, as a break below it could sink the pair to the $0.09 level.

Hyperliquid price prediction

Hyperliquid (HYPE) continued its uptrend, skyrocketing to a new all-time high of $62.65 on Thursday.

HYPE/USDT daily chart. Source: Cointelegraph/TradingView

Sellers are fiercely defending the $59.41 level, as they have not allowed the bulls to close above it. The first support on the downside is the 38.2% Fibonacci retracement level of $53.29. If the HYPE price rebounds off the $53.29 level with strength, the bulls will again attempt to resume the uptrend. A close above $62.65 opens the door to a rally toward $77.

Alternatively, a close below the $53.29 level suggests that the short-term traders are booking profits. The HYPE/USDT pair may then tumble to the 50% retracement level of $50.41 and then the 20-day EMA ($46.97). The deeper the fall, the longer the time needed for the resumption of the uptrend.

Related: XRP adds 4,300 new wallets in 24 hours, but why is price stuck?

Cardano price prediction

Cardano (ADA) has been trading just below its moving averages, suggesting the bulls have not given up.

ADA/USDT daily chart. Source: Cointelegraph/TradingView

A break and close above the 20-day EMA ($0.25) opens the doors for a recovery to $0.29 and, after that, to $0.31. Buyers will have to clear the $0.31 hurdle to signal the start of a new up move.

Instead, if the ADA price turns down from the moving averages, it suggests that the bears remain in control. There is support at $0.24, but if the level breaks down, the ADA/USDT pair may slump to the bottom of the $0.22 to $0.31 range.

Zcash price prediction

Zcash (ZEC) pole vaulted above the $643 resistance on Wednesday, but the bulls are struggling to sustain the higher levels.

ZEC/USDT daily chart. Source: Cointelegraph/TradingView

The relative strength index is forming a negative divergence, indicating that the bullish momentum is weakening. If the ZEC price closes below the $643 level, it signals the possibility of a deeper correction toward the 20-day EMA ($547).

If the ZEC/USDT pair turns up from the current level or the 20-day EMA, it indicates that the uptrend remains intact. The bulls will then make one more attempt to clear the $690 level, clearing the path for a rally to the $750 resistance.

Bitcoin Cash price prediction

Bitcoin Cash (BCH) has risen above the breakdown level of $375, but the rebound lacks strength. 

BCH/USDT daily chart. Source: Cointelegraph/TradingView

The relief rally is expected to face selling at the 38.2% Fibonacci retracement level of $393 and then at the 20-day EMA ($414). If BCH price declines from $393, the risk of a break below $348 increases. The BCH/USDT pair may then resume the downtrend and plunge to $300.

This negative view will be invalidated in the near term if buyers drive and maintain the price above the 20-day EMA.

Meanwhile, some analysts believe the meme coin could be on the verge of a historic rally.

The past 24 hours (and several days) haven’t been kind to the cryptocurrency market, with many leading assets posting substantial losses.

The largest and oldest meme coin has not been spared, as it slips to just over $0.10 for the first time since April 30. Its momentum has stalled after it neared $0.12 last week, and it’s down by 10% on a weekly scale, which is the most significant decline from the larger-cap alts.

Whales Are Loading Up

Although its price has tumbled in the past several days, the overall investor behavior has been quite positive lately. Reports began to emerge in early May that Dogecoin whales had been quietly accumulating for some time, as the total holdings of wallets containing at least 100 million coins reached an all-time high of over 108.5 billion DOGE.

A few weeks down the line, another update on the matter indicated that these large investors had acquired 470,000,000 DOGE in just three days. These purchases coincided with the asset’s price revival to $0.118. Despite the subsequent retracement, whales have kept accumulating, according to data shared by Ali Martinez.

The analyst noted that large investors had purchased over 525,000,000 DOGE in the span of just four days. Such accumulations not only reduce the immediate selling pressure for the underlying asset but could also serve as an example for smaller investors who tend to follow the so-called ‘smart money.’

Whales bought over 525 million Dogecoin $DOGE in the last 96 hours. pic.twitter.com/qrz36pIalX

— Ali Charts (@alicharts) May 22, 2026

Mirroring Previous Structure

Despite the current market breakdown, several crypto analysts on X remain hopeful of a more profound rally from the leading meme coin. Nehal said DOGE is currently mirroring the moves after the August 2024 bottom when it printed 4 “strong green weekly candles, followed by 2 red consolidation weeks before a major breakout rally.”

You may also like:

Nehal added that Dogecoin had already marked 4 consecutive green weekly candles after the 2026 February bottom, and is currently in its second consolidation week. If history repeats, DOGE will either close the week near the open before continuing higher, or flip green immediately and accelerate “faster than expected.”

Trader Tardigrade also touched upon the meme coin’s historic performance, noting that the current fake breakdown is the third similar the asset has posted over the years. The two previous examples led to mind-blowing five-digit rallies of up to 29,000%.

“The pattern is identical. Support has been reclaimed,” they concluded.

Key points:

Bitcoin is at a critical juncture, as a close below $76,000 may deepen the pullback toward $70,000.HYPE and ZEC are in an up move, but most other major altcoins are struggling to find support. 

Bitcoin (BTC) has risen above $77,500, but the recovery is expected to face resistance in the $78,500-$82,000 range. The net outflows of $979.7 million from spot BTC exchange-traded funds this week, according to Fireside Investors data, suggest that investors have turned cautious in the near term.

Crypto analyst Ardi said in a post on X that the next retest of the $74,000 to $75,000 zone may be the most important test of this entire bear market. The zone is important because it acted as stiff resistance in 2024 and then flipped into support during the retest in 2025. A break below the support zone may “expose the market to a much deeper rotation back toward the bear market lows.”

Crypto market data daily view. Source: TradingView

Although BTC appears weak in the near term, analysts do not anticipate a sharp decline. CryptoQuant analyst Sunny Mom said in a recent QuickTake analysis that if BTC holds the $70,700 level, it is likely to consolidate in the $70,000 to $82,000 range “to burn time and digest the supply.”

Could BTC and the major altcoins start a strong recovery? Let’s analyze the charts of the top 10 cryptocurrencies to find out.

Bitcoin price prediction

BTC is attempting a bounce off the breakout level at $76,000, indicating that the bulls are striving to turn it into support.

BTC/USDT daily chart. Source: Cointelegraph/TradingView

Sellers are unlikely to give up easily and may vigorously defend the 20-day exponential moving average ($78,484). If the BTC price turns down sharply from the 20-day EMA, it increases the risk of a break below $76,000. If that happens, the BTC/USDT pair may plunge to the support line.

Contrarily, a close above the 20-day EMA signals demand at lower levels. The bulls will then endeavor to push the pair to the overhead resistance at $84,000. This is a critical level for the bears to defend, as a close above it clears the path for a rally toward $97,924.

Ether price prediction

Ether (ETH) fell below the support line of the ascending channel pattern on Sunday, but the bears have not been able to capitalize on the breakdown.

ETH/USDT daily chart. Source: Cointelegraph/TradingView

The bulls are striving to push the ETH price back into the channel. If they succeed, the next hurdle is likely to be at the moving averages. If the price turns sharply down relative to the moving averages, the risk of a drop to $1,916 increases.

Alternatively, a close above the moving averages suggests that the market has rejected the break below the support line. The ETH/USDT pair may then rally to $2,465, then to the resistance line.

BNB price prediction

BNB (BNB) is attempting to find support at the 50-day SMA ($629), indicating a lack of aggressive selling at lower levels.

BNB/USDT daily chart. Source: Cointelegraph/TradingView

If the price closes above the 20-day EMA ($648), the bulls will again strive to push the BNB/USDT pair to the $687 resistance. Sellers are expected to aggressively defend the level, as a close above it may push the BNB price to $730 and, after that, to $790. That indicates the pair may have bottomed out in the short term.

Instead, if the price turns down and breaks below the 50-day SMA, it suggests the pair may remain within the $570 to $687 range for some time. 

XRP price prediction

XRP (XRP) closed below the 50-day SMA ($1.39) on Monday, but a minor positive is that the bulls have not let the price dip to $1.27.

XRP/USDT daily chart. Source: Cointelegraph/TradingView

Buyers will have to achieve a close above the downtrend line to signal a comeback. The XRP/USDT pair may then move higher toward the $1.61 level, where bears are expected to step in. A close above the $1.61 resistance signals a potential trend change. The XRP price may then rally to $2 and later to $2.40.

On the contrary, if the price continues lower and or turns down from the downtrend line, it suggests that the bears remain in control. That increases the risk of a break below the $1.27 support. If that happens, the pair may plummet to $1.11.

Solana price prediction

Solana (SOL) has held above the $82.65 support over the past few days, but bulls are struggling to trigger a strong rebound.

SOL/USDT daily chart. Source: Cointelegraph/TradingView

The 20-day EMA ($87.93) has begun to turn lower, and the RSI is in negative territory, indicating a slight advantage for bears. If the SOL price turns sharply down from the 20-day EMA, the likelihood of a break below $82.65 increases. The SOL/USDT pair may then descend to the $76 support.

Buyers are likely to have other plans. They will attempt to push the price above the 20-day EMA and the $91 resistance. If they do that, the pair may reach the $98 level. 

Dogecoin price prediction

Dogecoin (DOGE) has been stuck in the $0.09-$0.12 range, suggesting buying on dips and selling on rallies.

DOGE/USDT daily chart. Source: Cointelegraph/TradingView

The bulls are attempting to start a bounce off the 50-day SMA ($0.10), but are expected to hit a hurdle at the 20-day EMA ($0.11). If the DOGE price turns down sharply from the 20-day EMA, the likelihood of a drop to $0.09 increases.

On the other hand, a close above the 20-day EMA suggests that the DOGE/USDT pair may climb to the $0.12 resistance. Buyers will have to push and maintain the price above $0.12 to signal the start of a new uptrend to $0.14, and subsequently to $0.16.

Hyperliquid price prediction

Hyperliquid (HYPE) closed above the $45.77 resistance on Monday, signaling the resumption of the uptrend.

HYPE/USDT daily chart. Source: Cointelegraph/TradingView

There is resistance at $51.43, but if the bulls pierce the level, the HYPE price may surge toward $59.41. Sellers are expected to fiercely defend the $59.41 level, as a break above it could push the HYPE/USDT pair into uncharted territory.

The first support on the downside is the breakout level of $45.77 and then the 20-day EMA ($44.11). Sellers will have to pull the price below the 20-day EMA to suggest that the bulls are losing their grip. The pair may then tumble to the 50-day SMA ($41.62).

Related: Ethereum traders warn of a ‘nasty’ ETH price drop if $2K support breaks

Cardano price prediction

Cardano (ADA) has been clinging to the 50-day SMA ($0.25), indicating that the bulls are attempting to reclaim the level.

ADA/USDT daily chart. Source: Cointelegraph/TradingView

Any recovery is expected to face selling at the 20-day EMA ($0.26). If the price turns sharply down from the 20-day EMA, the bears will attempt to drive the ADA/USDT pair toward the solid support at $0.22.

On the upside, a break and close above the 20-day EMA signals strength. The ADA price may rise toward $0.29, then to $0.31, where bears are likely to mount a strong defense. 

Zcash price prediction

Zcash (ZEC) bounced off the 20-day EMA ($519) on Sunday, indicating that the bulls continue to buy the dips.

ZEC/USDT daily chart. Source: Cointelegraph/TradingView

Buyers will need to drive the ZEC price above $643 to initiate the next leg of the uptrend. The ZEC/USDT pair may then skyrocket toward $750, where the bears are expected to mount a strong defense.

The first support to watch out for on the downside is the 20-day EMA. A break and close below the 20-day EMA suggests that the traders are booking profits. That may pull the pair to the 61.8% Fibonacci retracement level of $442.

Bitcoin Cash price prediction

Bitcoin Cash (BCH) closed below the $419 support on Saturday, signaling the resumption of the downtrend.

BCH/USDT daily chart. Source: Cointelegraph/TradingView

The selling picked up momentum, and the BCH/USDT pair fell below the $375 support on Monday. Buyers are attempting to push the price back above $375, but the bears have held their ground. If the BCH price turns down from $375 and breaks below $348, the pair may plummet to $300.

Buyers have an uphill task ahead of them. They will have to push the price above the 20-day EMA ($421) and maintain it to signal a comeback.

Key points:

Bitcoin has pulled back to the $76,000 level, a crucial near-term support level to watch.Several major altcoins have broken below their near-term support levels, indicating that the bulls have given up.

Bitcoin (BTC) came under pressure on Monday after US President Donald Trump warned Iran that the “clock is ticking” and they better get moving fast. Analyst CryptoRover said in a post on X that a potential US military operation against Iran “is extremely dangerous for $BTC.”

Institutional investors also seem to be turning cautious in the short term. According to SoSoValue data, spot BTC exchange-traded funds recorded $1 billion in weekly net outflows. That was the first net outflow after six successive weeks of inflows totaling $3.4 billion.

Crypto market data daily view. Source: TradingView

While several traders are cautious on BTC’s prospects in the near term, Michael Saylor’s Strategy, the world’s largest public Bitcoin holder, continued to buy BTC. Strategy purchased 24,869 Bitcoin for $2.01 billion between May 11 and 17, boosting its holdings to 843,738 BTC, per Monday’s 8-K filing with the US Securities and Exchange Commission. 

Could BTC and the major altcoins bounce off their crucial support levels? 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) rallied to a new all-time high of 7,517 on Thursday, where short-term traders booked profits.

SPX daily chart. Source: Cointelegraph/TradingView

The index may pull back to the 20-day exponential moving average (7,273), a crucial support level to watch. If the price rebounds off the 20-day EMA with strength, it suggests a positive sentiment. That increases the likelihood of an uptrend resuming toward the 8,000 level.

Sellers will have to tug the price below the 20-day EMA to weaken the bullish momentum. If they do that, the index may witness a deeper pullback to the 7,002 level.

US Dollar Index price prediction

The US Dollar Index (DXY) turned up from the 97.74 support and broke above the moving averages.

DXY daily chart. Source: Cointelegraph/TradingView

There is minor resistance at 99.34, but if the bulls sustain the price above it, the index may reach the stiff overhead resistance at 100.54. Sellers are expected to fiercely defend the 100.54 level, as a break and close above it would signal the start of a new uptrend. The index may then surge to 101.97.

Conversely, if the price turns down from the current level or from the 100.54 resistance and breaks below the 50-day simple moving average (98.98), it suggests that bears remain active at higher levels. That may keep the index range-bound between 97.74 and 100.54 for a few more days.

Bitcoin price prediction

BTC continued its slide and has reached the 50-day SMA ($75,627), suggesting bears are attempting to take charge.

BTC/USDT daily chart. Source: Cointelegraph/TradingView

Buyers will have to sustain the BTC price above the 50-day SMA to retain the advantage. The first sign of strength will be a close above the 20-day EMA ($78,715). That opens the door to a rally toward the $84,000 resistance.

Instead, if the price closes below the 50-day SMA, it increases the risk of a drop to the support line of the ascending channel pattern. Buyers are expected to vigorously protect the support line, as a break below it may sink the BTC/USDT pair to $65,000.

Ether price prediction

Ether (ETH) continued its downward march and closed below the support line of the ascending channel pattern on Sunday.

ETH/USDT daily chart. Source: Cointelegraph/TradingView

The 20-day EMA ($2,255) has begun to turn lower, and the RSI is near oversold territory, indicating that bears are in control. Any recovery attempt is expected to face selling at the 20-day EMA. If the ETH price turns down sharply from the 20-day EMA, the likelihood of a drop to $1,916 increases.

Buyers have an uphill task ahead of them. They will have to drive and maintain the ETH/USDT pair above the moving averages to signal a comeback.

XRP price prediction

XRP (XRP) has dipped below the 50-day SMA ($1,39), indicating that the bears are attempting to gain the upper hand.

XRP/USDT daily chart. Source: Cointelegraph/TradingView

If the price closes below the 50-day SMA, the next likely stop is the solid support at $1.27. Buyers are expected to defend the $1.27 level with all their might, as a close below it may sink the XRP/USDT pair to $1.11 and later to the psychological level at $1.

Buyers are expected to face selling at the downtrend line and then at the $1.61 level. A break and close above the $1.61 resistance signal a short-term trend change. The XRP price may then march to $2 and subsequently to $2.40.

BNB price prediction

BNB (BNB) pulled back from the $687 overhead resistance and broke below the 20-day EMA ($648). 

BNB/USDT daily chart. Source: Cointelegraph/TradingView

There is minor support at the 50-day SMA ($637), but if the level cracks, the BNB/USDT pair may plummet to the solid support at $570. This is a crucial level to watch out for, as a close below $570 indicates the start of the next leg of the downtrend. The pair may then collapse toward $500.

On the contrary, if the BNB price turns up from the 50-day SMA, it suggests demand at lower levels. Buyers will have to thrust the price above the $687 resistance to indicate strength. The pair may then rally to $730 and then to $790. 

Solana price prediction

Solana (SOL) closed below the 50-day SMA ($85) on Sunday, indicating that the bears are on a comeback.

SOL/USDT daily chart. Source: Cointelegraph/TradingView

There is support at $82, but the recovery is expected to face selling at the 20-day EMA ($88). If the SOL price turns sharply down from the 20-day EMA, the likelihood of a break below the $82 support increases. That opens the doors for a drop to the $76 level.

The first sign of strength will be a close above the 20-day EMA. That shows solid buying at lower levels. The bulls will be back in the driver’s seat after the SOL/USDT pair closes above the $98 resistance.

Related: Hyperliquid eyes 55% price rise after Silicon Valley investor’s ‘massive HYPE buy’

Dogecoin price prediction

Dogecoin (DOGE) has dipped below its 20-day EMA ($0.11), suggesting that bulls have given up in the short term.

DOGE/USDT daily chart. Source: Cointelegraph/TradingView

The flattish 20-day EMA and the RSI just below the midpoint suggest a range-bound action between $0.09 and $0.12 for some more time. 

Buyers will have to push and sustain the DOGE price above the $0.12 resistance to signal the start of a new up move. The DOGE/USDT pair may then climb to $0.14 and later to $0.16.

On the downside, a break and close below the $0.09 support indicates the resumption of the downtrend. The pair may then slump to $0.08.

Hyperliquid price prediction

Hyperliquid (HYPE) has been volatile for the past few days, indicating a tough battle between the bulls and the bears.

HYPE/USDT daily chart. Source: Cointelegraph/TradingView

The bulls pushed the HYPE price above the $45.77 resistance, but the long wick on the candlestick shows selling at higher levels. Buyers will have to secure a close above the $45.77 level to clear the path for a rally to the $50 to $51.43 zone.

The 20-day EMA ($42.55) is the critical support to watch out for on the downside. A break below it suggests that the HYPE/USDT pair may consolidate inside the $38.17 to $47.32 range for a while.

Cardano price prediction

Cardano (ADA) has dipped below the 50-day SMA ($0.25), indicating that the bears continue to exert pressure.

ADA/USDT daily chart. Source: Cointelegraph/TradingView

The flattish moving averages and the RSI just below the midpoint suggest the ADA/USDT pair may oscillate inside the $0.22 to $0.31 range for a few more days.

The next trending move may begin on a close above the $0.31 resistance or below the $0.22 support. If the ADA price turns up and breaks above $0.31, the pair may pick up momentum and soar toward $0.40. Alternatively, a close below $0.22 signals the resumption of the downtrend toward the target objective of $0.13.

Key points:

Bitcoin is struggling to reach the $84,000 level, but a minor positive is that the bulls have not allowed the price to skid to the $76,000 support.Select major altcoins have turned down from their overhead resistance levels, indicating that the bears remain in control. 

Bitcoin’s (BTC) recovery above $82,000 on Thursday was short-lived, as bears sold at higher levels and pulled the price back to the $79,000 level. Glassnode said in its Week On-chain report that several investors bought BTC between November 2025 and February near the $86,900 level. These holders may sell near their entry price after experiencing large drawdowns, creating a barrier for BTC’s continued rally.

Another negative view came from crypto analytics firm CryptoQuant, which said in a recent report that BTC has hit its major resistance at the 200-day moving average near $82,400. In 2022, BTC had resumed its downtrend after failing to cross above the 200-day SMA. BTC may get into trouble if history repeats itself.

In a bear phase, it is not uncommon for the price to hit a wall at the major resistance and pull back. However, a positive sign in favor of the bulls is that they have not allowed the price to dip back below the short-term breakout level of $76,000. That suggests the bulls are not hurrying to close their positions as they anticipate another leg higher. 

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

Bitcoin price prediction

BTC rebounded off the 20-day exponential moving average ($79,251) on Thursday, but the bears sold the relief rally.

BTC/USDT daily chart. Source: Cointelegraph/TradingView

The BTC price has dipped back to the 20-day EMA, which is a crucial level for the bulls to defend if they want to retain the advantage. If the price turns up from the 20-day EMA with force, the bulls will again strive to push the BTC/USDT pair to $84,000. A break and close above $84,000 clears the path for a rally to $92,000.

On the contrary, if the price sustains below the 20-day EMA, it suggests that the bears are attempting a comeback. The pair may then tumble to the 50-day SMA ($74,968), which is again likely to attract buying by the bulls.

Ether price prediction

Ether (ETH) turned down from the 20-day EMA ($2,297) and has broken below the 50-day SMA ($2,250), indicating an advantage to sellers.

ETH/USDT daily chart. Source: Cointelegraph/TradingView

The ETH/USDT pair may plunge to the support line of the ascending channel pattern, which is a crucial level for the bulls to defend. The failure to do so may sink the ETH price to $1,916.

Instead, if the price turns up from the support line and breaks above the 20-day EMA, it signals buying at lower levels. The pair may then climb to $2,465, which is expected to behave as solid resistance. If buyers overcome the barrier, the pair may rally to the resistance line.

BNB price prediction

Sellers have successfully defended the $687 level in BNB (BNB), but the bulls continue to exert pressure.

BNB/USDT daily chart. Source: Cointelegraph/TradingView

The upsloping 20-day EMA ($649) and the RSI near the overbought zone signal that the path of least resistance is to the upside. If buyers clear the $687 hurdle, the BNB/USDT pair may soar to $730 and later to $790.

This bullish view will be invalidated in the short term if the BNB price turns down sharply from the current level and breaks below the 20-day EMA. That suggests the pair may remain inside the $687 to $570 range for some more time.

XRP price prediction

XRP (XRP) rose from the 20-day EMA ($1.42) on Thursday and broke above the downtrend line of the descending channel pattern.

XRP/USDT daily chart. Source: Cointelegraph/TradingView

However, the bulls failed to achieve a close above the downtrend line, indicating that the bears are fiercely defending the level. Sellers will attempt to trap the aggressive bulls by pulling the XRP price below the moving averages. If they can pull it off, the XRP/USDT pair may plummet to $1.27.

Buyers are likely to have other plans. They will attempt to quickly push the price back above the downtrend line. If they do that, the likelihood of a break above the $1.61 resistance increases. The pair may then start a new up move to $2.

Solana price prediction

Solana (SOL) bounced off the 20-day EMA ($89) on Thursday, but the bears sold at higher levels.

SOL/USDT daily chart. Source: Cointelegraph/TradingView

The SOL price has turned down and broken below the 20-day EMA. If the price maintains below the 20-day EMA, the SOL/USDT pair may continue to oscillate between $76 and $98 for a few more days.

Buyers will have to swiftly push the price back above the 20-day EMA to signal strength. The pair may then reach the $98 level, which is the critical overhead resistance to watch out for. A close above $98 clears the path for a rally to $106 and subsequently to $117. 

Dogecoin price prediction

Dogecoin (DOGE) reached the $0.12 level on Thursday, where the bears are posing a stiff challenge to the bulls.

DOGE/USDT daily chart. Source: Cointelegraph/TradingView

If the DOGE price continues lower and breaks below the 20-day EMA ($0.11), it suggests that the traders are booking profits. That may keep the pair stuck between $0.09 and $0.12 for a while longer.

On the other hand, a solid bounce off the 20-day EMA signals that the bulls remain in control. That improves the prospects of an upside breakout. If that happens, the DOGE/USDT pair may surge to $0.14 and later to $0.16.

Hyperliquid price prediction

Hyperliquid (HYPE) made a solid comeback from the $38 level on Thursday, indicating aggressive buying at lower levels.

HYPE/USDT daily chart. Source: Cointelegraph/TradingView

The bulls continued their run on Friday and pushed the HYPE price above the $45.77 resistance. However, the long wick on the candlestick shows selling at higher levels. The bears will have to pull the price below the 20-day EMA ($41.96) to weaken the bullish momentum. The HYPE/USDT pair may then form a range between $38 and $47.

Contrary to this assumption, if the price turns up from the current level or the 20-day EMA and breaks above $47, it signals the resumption of the up move. The pair may then skyrocket toward the $50 to $51.43 zone.

Related: Bitcoin stalls above $80K despite CLARITY Act pass: What will trigger a breakout?

Cardano price prediction

Cardano (ADA) bounced off the 20-day EMA ($0.26) on Thursday, but the bulls could not sustain the higher levels.

ADA/USDT daily chart. Source: Cointelegraph/TradingView

Sellers are attempting to strengthen their position by pulling the ADA price below the moving averages. If they manage to do that, the ADA/USDT pair may extend its stay inside the $0.22 to $0.31 range for some more time.

On the other hand, if the price turns up from the moving averages and breaks above $0.29, it suggests an advantage to buyers. The pair may then rise to $0.31, which is likely to attract sellers. 

Zcash price prediction

Zcash (ZEC) turned up from the 38.2% Fibonacci retracement level of $518 on Thursday, but the bulls could not clear the $560 hurdle.

ZEC/USDT daily chart. Source: Cointelegraph/TradingView

The bears are attempting to pull the ZEC price below the $518 level and deepen the pullback to the 20-day EMA ($491). Buyers are expected to vigorously defend the 20-day EMA, as a close below it may sink the ZEC/USDT pair to the 61.8% retracement level of $442.

Contrarily, if the price rebounds off the 20-day EMA with force, it indicates a positive sentiment. The bulls will then attempt to drive the pair to $560 and eventually to $643. 

Bitcoin Cash price prediction

Bitcoin Cash (BCH) has been trading inside the $419 to $486 range, signaling buying near the support and selling close to the resistance.

BCH/USDT daily chart. Source: Cointelegraph/TradingView

The moving averages have started to turn down, and the RSI is in the negative territory, indicating that the bears have the upper hand. Sellers will attempt to strengthen their position by pulling the BCH price below the $419 support. If they succeed, the BCH/USDT pair may resume the downtrend toward $375.

Buyers are likely to have other plans. They will attempt to defend the $419 level and push the price back above the moving averages. If they do that, the pair may remain inside the range for a few more days.

Key points:

Bitcoin has reached a crucial support, as a break below the $79,000 level may deepen the pullback.Several major altcoins are facing selling pressure, indicating that the bears remain in the game. 

Bitcoin (BTC) extended its pullback on Wednesday and slipped below the $80,000 level. However, analysts remain optimistic about BTC’s prospects in the near term.

Analyst CRG said in a post on X that BTC did not break above the Ichimoku cloud even once during the previous bear market, and when it did, a new bull market started. Interestingly, BTC has risen comfortably above the Ichimoku cloud, weakening the comparison with the previous bear market cycle.

Another bullish projection came from Maelstrom chief investment officer Arthur Hayes, who said in a Substack post that BTC “retaking the $126,000 is a foregone conclusion.” He expects BTC to pick up momentum after breaking above $90,000, where “many call over-writers will rush to cover as their strike gets taken out.”

Hayes expects the AI sector race with China and the ongoing war with Iran to result in money printing, benefitting the crypto ecosystem.

BTC’s bullish view is not shared by everyone. A BTC whale, known by the moniker ‘pension-usdt.eth,’ is short 1,000 BTC, worth roughly $81 million, with 3x leverage. The trade, which was opened when BTC was at $67,990, is down about $13 million, but the trader confirmed on X that he was still short as “the trade makes sense.”

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

Bitcoin price prediction

BTC has dipped to the 20-day exponential moving average ($79,092), which is a critical near-term support to watch.

BTC/USDT daily chart. Source: Cointelegraph/TradingView

If the price rebounds off the 20-day EMA with strength, the bulls will try to push the BTC/USDT pair above the $84,000 resistance. If they succeed, the BTC price is expected to pick up momentum and skyrocket toward $92,000 and subsequently to $97,924.

This bullish view will be invalidated in the near term if the price continues lower and breaks below the 20-day EMA. That suggests traders are booking profits. That may start a deeper pullback toward the 50-day simple moving average ($74,571) and later to the support line.

Ether price prediction

Ether (ETH) attempted to start a recovery from the 50-day SMA ($2,245), but the long wick on the candlestick shows selling at higher levels.

ETH/USDT daily chart. Source: Cointelegraph/TradingView

A break and close below the 50-day SMA opens the doors for a drop to the support line of the ascending channel pattern. Buyers are expected to fiercely defend the support line, as a close below it may sink the ETH/USDT pair to $1,916.

The first sign of strength will be a break and close above the $2,465 resistance. The ETH price may then ascend to the resistance line, which is a critical level to watch. A break above the resistance line may catapult the pair toward $3,050.

BNB price prediction

BNB (BNB) rebounded off the 20-day EMA ($643) on Tuesday and reached the $687 overhead resistance on Wednesday.

BNB/USDT daily chart. Source: Cointelegraph/TradingView

The upsloping 20-day EMA and the RSI near the overbought zone signal that the bulls have the upper hand. A close above the $687 level opens the doors for a rally to $730 and later to $790.

Sellers will have to tug the BNB price back below the 50-day SMA ($623) to weaken the bulls. If they manage to do that, the BNB/USDT pair may consolidate inside the $570 to $687 range for a while longer.

XRP price prediction

XRP (XRP) has been stuck between the downtrend line of the descending channel pattern and the moving averages for the past few days.

XRP/USDT daily chart. Source: Cointelegraph/TradingView

A tight consolidation below a crucial resistance suggests that the bulls are holding on to their positions as they anticipate an upside breakout. If the downtrend line is scaled, the XRP/USDT pair may surge to $1.61. Sellers are expected to defend the $1.61 level with all their might, as a close above it signals a potential trend change. The XRP price may then soar to $2.40.

Conversely, a close below the moving averages suggests that the bulls have given up. The pair may then descend to the $1.27 level, where the buyers are expected to step in.

Solana price prediction

Solana (SOL) turned down from the $98 resistance on Tuesday, indicating that the bears are active at higher levels.

SOL/USDT daily chart. Source: Cointelegraph/TradingView

The upsloping 20-day EMA ($89) and the RSI in the positive territory indicate an advantage to buyers. If the price rebounds off the 20-day EMA, the bulls will again attempt to pierce the $98 resistance. If they can pull it off, the SOL/USDT pair may climb to $106 and then to $117.

This positive view will be negated in the near term if the SOL price continues lower and breaks below the 20-day EMA. Such a move suggests that the pair may continue to oscillate between $76 and $98 for some more time.

Dogecoin price prediction

Dogecoin (DOGE) bounced off the 20-day EMA ($0.10) on Tuesday, indicating that the bulls are viewing the dips as a buying opportunity.

DOGE/USDT daily chart. Source: Cointelegraph/TradingView

The bulls tried to clear the $0.12 overhead hurdle but are facing significant resistance from the bears. However, if the bulls prevail, the DOGE/USDT pair may rally to $0.14 and subsequently to $0.16.

Sellers are likely to have other plans. They will attempt to defend the overhead resistance and pull the DOGE price back below the 20-day EMA. If they do that, the pair may extend its stay inside the $0.09 to $0.12 range for a few more days.

Hyperliquid price prediction

Hyperliquid (HYPE) continued lower and broke below the 50-day SMA ($40.55) on Tuesday, indicating profit-booking by short-term traders.

HYPE/USDT daily chart. Source: Cointelegraph/TradingView

If the price breaks below $38.70, it suggests that the HYPE/USDT pair may have topped out in the near term. The HYPE price may then tumble to $34.45.

Buyers have an uphill task ahead of them. Any recovery attempt is expected to face selling at the 20-day EMA ($41.56) and then in the $43.76 to $45.77 zone. The bulls will have to drive and sustain the price above the $45.77 level to signal the resumption of the up move. The pair may then surge to $50.

Related: Bitcoin to $100K in Q2? Strategy’s STRC unlocks potential to buy 3K BTC in two days

Cardano price prediction

Cardano’s (ADA) pullback is attempting to find support at the 20-day EMA ($0.26), but the bears continue to exert pressure.

ADA/USDT daily chart. Source: Cointelegraph/TradingView

If the price continues lower and breaks below the moving averages, it suggests that the ADA/USDT pair may remain inside the $0.22 to $0.31 range for a few more days.

Buyers will have to fiercely defend the moving averages and start a rebound off it to signal strength. The ADA price may then rise to $0.29 and later to $0.31. Sellers are expected to defend the $0.31 level, as a close above it indicates the start of a new up move. The pair may soar to $0.36 and eventually to the pattern target of $0.40.

Zcash price prediction

Zcash (ZEC) bounced off the $560 level on Tuesday, but the bulls could not sustain momentum on Wednesday.

ZEC/USDT daily chart. Source: Cointelegraph/TradingView

If the ZEC price closes below the breakout level of $560, it signals profit booking by short-term traders. The ZEC/USDT pair may then slump to the 20-day EMA ($481). A deeper correction to $400 may begin if the 20-day EMA cracks.

Contrarily, if the price bounces off the 20-day EMA with force, it suggests that the bulls remain in charge. Buyers will then make one more attempt to drive the price above the $643 level. If they succeed, the pair may surge to $750.

Bitcoin Cash price prediction

Bitcoin Cash (BCH) fell below the moving averages and the $443 support on Tuesday, indicating that the bears have an edge.

BCH/USDT daily chart. Source: Cointelegraph/TradingView

Sellers will attempt to pull the BCH price to the solid support at $419. Buyers are expected to aggressively defend the $419 level, as a close below it may resume the downtrend. The next stop on the downside may be $375.

Instead, if the price turns up sharply from $419 and breaks above the moving averages, it suggests that the BCH/USDT pair may remain range-bound for some more time. Buyers will be back in the driver’s seat on a close above $486.

Is DOGE’s rally running out of steam?

The biggest meme coin by market capitalization has jumped by double digits over the past 30 days, increasing its dominance in its niche.

However, certain technical indicators suggest the bears may soon regain control.

The Incoming Correction?

As of press time, DOGE trades at around $0.114 (according to CoinGecko), representing an impressive 8% increase on a two-week basis and a 25% surge for the month. In fact, it has outperformed many leading cryptocurrencies, including Bitcoin (BTC) and Ethereum (ETH), over these time frames.

Nonetheless, the renowned analyst Ali Martinez tempered the excitement in the Dogecoin community after noting that the TD Sequential indicator had flashed a sell signal on the meme coin.

Another short-term warning sign is DOGE’s Relative Strength Index (RSI). The technical analysis tool is often used by traders to spot potential price reversal points and ranges from 0 to 100.

Readings above 70 indicate that the meme coin’s valuation has risen too much, too quickly, and could be due for correction. On the contrary, anything below 30 suggests that the token is oversold and on the verge of a resurgence. As of this writing, DOGE’s RSI stands at roughly 88.

The Bullish Scenario

Despite the aforementioned indicators hinting at a price decline in the near future, multiple market observers remain optimistic that the meme coin has plenty of fuel left to post further gains.

You may also like:

X user Ryker claimed that DOGE’s chart “looks great,” predicting that it “will lead meme trend back together.” For their part, JAVON MARKS argued that the asset has started responding even more positively to a major bullish divergence that has been holding with the MACD.

They envisioned a whopping 500% breakout to the $0.6533 target, which could then open the door to an ascent to a new all-time high of approximately $1.25.

MikybullCrypto followed up with an even more optimistic outlook. They suggested the current levels are “the best area” to hop on the bandwagon before “the massive bullish tide,” forecasting an astronomical explosion to $12.

It is important to note that such a pump seems quite improbable (at least for now), as it would require DOGE’s market cap to exceed $1.8 trillion. In comparison, the current capitalization of BTC stands at around $1.61 trillion, while the total value of the entire crypto sector is less than $2.8 trillion.