๐ Cointelegraph Price Predictions โ Bitcoin Set to Break Out? Altcoins Heating Up! ๐ฅ๐ฐ
๐ Crypto Market Overview
โ Bitcoin (BTC) is holding firm ~ $120,000, with strong demand around $115,000.
โ Altcoins are surgingโfueling buzz around the start of a new altseason.
๐ Bitcoin (BTC) Outlook
Support: $115k (20-day EMA)
Resistance: $123,218 โ breakout could target $135kโ$150k
Risk: Below $110.5k, BTC might revisit $100k
๐ Top 7 Altcoin Setups to Watch
1. Ethereum (ETH)
๐ก Rejected at $3,745; watching support at $3,494 and $3,381
๐ Bounce may aim for $4,094
2. XRP
๐ก๏ธ Flipped $3.40 to support
๐ฏ Targets: $3.66 โ $4โ$4.86
โ ๏ธ Breakdown below $3.40 could mean a dip to $2.96
3. BNB
๐ช Resistance at $761; support at $707
๐ Breakout above $794 could head toward $900
โ Below $732 risks deeper correction
4. Solana (SOL)
๐ Testing resistance at $209; RSI overbought
๐ Possible pullback to $185 or $170 (20-day EMA)
๐ Rally could extend to $220โ$240
5. Dogecoin (DOGE)
๐ถ Holding support at $0.26
โฌ๏ธ Targets: $0.29, then $0.35
๐ Key support: $0.21 (20โday EMA)
6. Cardano (ADA)
๐ฅ Broke above $0.86
๐งฑ Support zones: $0.74 and $0.65
๐ Potential upside: $0.94 โ $1.02โ$1.17
7. Hyperliquid (HYPE)
๐ Bounced off $43.77 (20-day EMA)
๐ Break above $48 could reach $58
๐งญ Breakdown may revisit trend channel support
๐ง Final Takeaway
โ Bitcoin is poised for a breakout if $123k flips to support.
โ Altcoins are gaining serious traction, with several showing breakout potential.
โ The current trend hints at rising investor confidence and a potential crypto-wide rally ahead.