Crypto Price Predictions for May 9: $BTC ,$ETH ,$XRP , BNB, SOL, DOGE, ADA, SUI, LINK, AVAX
Key Highlights:
Bitcoin holding above $100,000 could confirm a major trend shift.
Ether leads the altcoin rally with DeFi tokens potentially following suit.
Traders eye key resistance zones across the top 10 crypto assets
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Bitcoin (BTC)
Bitcoin surged past the psychological $100,000 mark on May 8, sparking over $837M in short liquidations—the largest since 2021. Bulls are now attempting to establish $100K as a new support level.
Resistance: $107,000–$109,588 (all-time high)
Support: $94,879 (20-day EMA), $88,139 (50-day SMA)
A close above the all-time high could ignite further upside, but overbought RSI levels suggest a short-term pullback is possible.
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Ethereum (ETH)
Ether broke out above the $2,111 resistance, rallying nearly 22% to $2,550 on May 9 and triggering $328M in short liquidations.
Resistance: $2,550, then $2,850
Support: $2,111, then $1,867 (20-day EMA)
If $2,111 flips into support, ETH could attempt another leg higher
XRP (XRP)
XRP is testing a key resistance line that could mark a trend reversal if broken.
Resistance: $2.60, then $3.00
Support: $2.00
A breakout above the resistance line could trigger strong momentum, while a drop below $2 would tilt the bias back to the bears.
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BNB (BNB)
BNB broke above $620, reaching $644 on May 9.
Resistance: $644, then $680
Support: $580
A sustained breakout above $644 could open the doors to $680. Bears must defend this level to avoid further upside.
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Solana (SOL)
SOL broke above $153, with bulls aiming for $180 next.
Resistance: $180, then $200
Support: $153, then $140
A higher low near $153 could fuel a move toward $200, but a break below $140 would signal a deeper correction.
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Dogecoin (DOGE)
DOGE is approaching strong resistance at $0.21.
Resistance: $0.21, then $0.25
Support: Moving averages (20- and 50-day)
A breakout above $0.21 could suggest the downtrend is ending, but failure to break could keep DOGE range-bound
Cardano (ADA)
ADA completed an inverse head-and-shoulders pattern, targeting $1.01.
Resistance: $0.83, then $1.01
Support: $0.67 (50-day SMA), then $0.60
Bulls must protect the neckline to keep the breakout valid. A break below the 50-day SMA could stall the uptrend.
Sui (SUI)
SUI surged past $3.90, indicating bullish strength.
Resistance: $4.25, then $5.00
Support: $3.90, then $3.29 (20-day EMA
Sustaining above $3.90 could lead to further gains, while a drop below would suggest bearish pressure is returnin-
Chainlink (LINK)
LINK completed an inverse head-and-shoulders and is testing breakout levels.
Resistance: $21.30 (pattern target)
Support: Neckline, then $13.72 (50-day SMA)
A successful retest of the neckline could confirm the breakout. Failure could pull LINK back into a range
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Avalanche (AVAX)
AVAX is testing resistance at $23.50.
Resistance: $23.50, then $28.78 and $31.73
Support: Moving averages
A break above $23.50 could spark a significant rally. Otherwise, AVAX may continue consolidating.
Disclaimer: This content is fo#r informational purposes only and does not constitute financial advice. Always do your own research before making investment decisions.