The crypto market is heating up, with BTC bulls pushing hard but facing resistance at $117,500. Altcoins are also gearing up for potential breakouts. Here’s today’s outlook 👇
🟠 Bitcoin (BTC) – $115,316
Strong resistance at $117,500.
Bulls eye a run to $124,474 ATH if price holds above this level.
⚠️ Risk: Drop below 20-day EMA ($114,457) could drag BTC back to $110K–$107K.
🔵 Ethereum (ETH) – $4,449
Trading inside a symmetrical triangle (indecision zone).
Break above resistance → Rally to $5,586.
Break below support → Fall to $3,426.
🟣 XRP – $2.98
Struggling at $3.20 resistance.
If rejected, could slide to $2.73 or lower.
Breakout above $3.20 → Next targets: $3.40 → $3.66.
🟡 BNB – $979
Jumped above $1,000 psychological level.
Next targets: $1,090 → $1,150.
Support: 20-day EMA ($915). Drop below it → $855.
🟠 Solana (SOL) – $236
Facing heavy resistance near $260.
Rebound from $225 EMA could push SOL to $295.
Failure → Pullback toward uptrend line.
🐶 Dogecoin (DOGE) – $0.265
Stuck between $0.26 support and $0.29 resistance.
Breakout above $0.31 → Rally to $0.35 and $0.44.
Break below $0.25 EMA → Drop to $0.23.
🔴 Cardano (ADA) – $0.89
Bears defending triangle resistance.
Breakout → ADA to $1.02 → $1.17.
Breakdown → Slide toward $0.68.
⚡ Hyperliquid (HYPE) – $59.41
New ATH but showing bearish divergence.
Break below $52 EMA → $49 or $46.
Strong rebound → Push to $64.25.
🟢 Chainlink (LINK) – $23.41
Fighting resistance at downtrend line.
Breakout → Rally to $27.
Breakdown → Fall to $22 or uptrend line.
❄️ Avalanche (AVAX) – $33.78
Broke out of long range, momentum strong.
Resistance at $36.17. Breakout → $39.49 → $45.
Breakdown below $28.78 EMA → Possible correction.
💡 Takeaway: BTC is consolidating below $117.5K. If it breaks out, expect altcoins to follow with strong upside momentum. But if BTC fails, short-term pullbacks are likely.
📊 Trade wisely. Manage risk. The market is at a critical point.
