Key Takeaways
Bitcoin rallied above $114K as softer U.S. inflation data boosted Fed rate cut bets.
Several major altcoins, including BNB, SOL, ADA, and LINK, broke above key resistances.
Analysts say BTC could rally toward $120K, while ETH faces risk of a drop to $3,500 if support fails.
Bitcoin (BTC) Price Prediction
Current price: $113,985
BTC climbed back above its 20-day EMA ($112,002), showing buyers regaining control.
Resistance sits at the 50-day SMA ($114,668). A close above could push BTC to $117,500–$120,000, though bears will defend heavily near $120K–$124.4K.
On the downside, a drop below $109,329 risks a fall to $107,000, a key defense zone before $100K.
Ethereum (ETH) Price Prediction
Current price: $4,353
ETH is consolidating in a $4,250–$4,500 range.
A breakout above $4,500 opens the path to $4,957 and potentially $5,500.
Failure to hold $4,250 risks a drop to $4,060, with deeper downside to $3,745 if selling accelerates.
XRP Price Prediction
Current price: $2.98
XRP bounced from its 20-day EMA ($2.91), with RSI tilting slightly bullish.
A close above the downtrend line could trigger rallies toward $3.15 and $3.40.
If the price slips under the EMA and $2.73 fails, XRP could retrace toward $2.20.
BNB Price Prediction
Current price: $894.96
BNB surged past $900 resistance, resuming its uptrend.
Upside target: $1,000 if buyers hold momentum.
Support to watch: $840 — losing this could drag BNB to $820–$794.
Solana (SOL) Price Prediction
Current price: $224.33
SOL broke above $218, with bullish momentum supported by a 20-day EMA at $204.
Upside levels: $240 and $260, where strong resistance likely appears.
A drop below the uptrend line would negate the bullish setup, targeting $175.
Dogecoin (DOGE) Price Prediction
Current price: $0.245
DOGE is advancing toward $0.26 resistance.
Successful breakout could push DOGE to $0.29, and potentially $0.44 if momentum builds.
Failure at $0.26 and a breakdown below moving averages would extend its sideways range.
Cardano (ADA) Price Prediction
Current price: $0.8845
ADA broke above the descending channel, a bullish signal.
Next resistance levels: $0.96 and $1.02. Clearing $1.02 could fuel a rally to $1.17.
Bears need to pull ADA back below moving averages to regain control.
Chainlink (LINK) Price Prediction
Current price: $23.59
LINK is challenging the $24 resistance after reclaiming its 20-day EMA ($23.13).
A breakout above $24 could drive gains to $26–$28.
Rejection would leave LINK vulnerable to $21.59 (50-day SMA) and potentially the uptrend line.
Sui (SUI) Price Prediction
Current price: $3.61
SUI rebounded from its 20-day EMA ($3.45) and is retesting the 50-day SMA ($3.60).
Breakout above resistance opens a path to $4.18–$4.44.
If rejected, price could consolidate lower, with bears defending the downtrend line aggressively.
Market Outlook
Crypto markets are gaining momentum after softer U.S. PPI inflation data boosted confidence in a September Fed rate cut. With BTC eyeing $120K and altcoins breaking key technical levels, traders are watching tomorrow’s CPI release for confirmation of the bullish setup.
