Key points:
Bitcoin is receiving buying support beneath the $107,000 mark, yet the relief rally is expected to be countered by selling.
Multiple altcoins have hit significant support levels, but the absence of a robust rebound hints that the downward pressure may persist for some time.
Bitcoin (BTC) remains under pressure as sellers strive to keep the price beneath the critical $107,000 support level. This decline reflects negative sentiment, with dip buyers hesitant due to concerns surrounding US regional banks’ credit.
Nevertheless, Bitwise analysts noted in their weekly crypto market compass report that significant liquidations on October 10 suggest a potential end to selling pressure, thus limiting further declines. They also remarked that the drop in their proprietary intraday Cryptoasset Sentiment Index to early August 2024 levels represents a “contrarian buying opportunity.”
In contrast, Glassnode expressed a cautious stance, stating in a recent report that markets are currently in a reset phase and require new demand to validate a recovery. The report pointed out that Long-Term Holder supply has decreased by approximately 0.3 million BTC since July 2025, indicating profit-taking by seasoned investors. Glassnode anticipates that the market will “enter a consolidation phase.”
What are the key support levels to monitor for BTC and the major altcoins? Let’s analyze the charts of the top 10 cryptocurrencies to discern.
Bitcoin price prediction
BTC continued its downward trend, falling beneath the $107,000 support on Friday; however, the long tail on the candlestick indicates buying interest at lower levels.
A close below $107,000 would confirm a double-top formation. The BTC/USDT pair could then slide to the psychological support at $100,000. Buyers are expected to fiercely defend the $100,000 level since a breach below could lead to a decline toward the pattern target of $89,526.
This negative outlook would be negated short-term if the Bitcoin price rebounds and surpasses the moving averages, suggesting that the drop below $107,000 might have been a bear trap.
Ether price prediction
Ether (ETH) is experiencing a fierce contest between bulls and bears at the support line of the descending channel pattern.
Any recovery attempt is likely to encounter resistance at the 20-day exponential moving average (EMA) ($4,159). If the price experiences a sharp decline from the 20-day EMA, it heightens the chance of breaking below the support line. Should that occur, the ETH/USDT pair may plunge to $3,350.
Buyers will need to drive the Ether price above the moving averages to indicate that the pair may remain within the descending channel for a while longer. A new uptrend could commence after buyers push the price above the resistance line.
BNB price prediction
BNB (BNB) concluded below the 20-day EMA ($1,144) on Thursday and advanced its decline to the 50-day SMA ($1,017) on Friday.
Buyers will strive to uphold the 50-day simple moving average (SMA) as failure to do so could escalate selling pressure. The BNB/USDT pair may then retest the panic low of $860 from October 10. Such a movement indicates that BNB price may have peaked in the near term.
Any rebound from the 50-day SMA is expected to face substantial selling at the 20-day EMA. Buyers must overcome the resistance at the 20-day EMA to signal that the corrective phase might be concluding.
XRP price prediction
Sellers have pushed XRP (XRP) under the immediate support at $2.30, yet bulls are attempting to reclaim this level.
If the price recovers from the current level, bears will aim to stifle the rebound at the 20-day EMA ($2.63). If that occurs, it indicates negative sentiment and raises the chance of a drop below $2.30. The XRP price may then decline to $2.00.
Conversely, if buyers propel the XRP/USDT pair above the 20-day EMA, the relief rally could extend to the downtrend line. This is a crucial level for bears to defend; a breach above signifies that bulls are regaining strength. The pair could then surge toward $3.38.
Solana price prediction
Solana (SOL) has been declining within a descending channel pattern, reflecting a series of lower highs and lows.
Bears are attempting to lower the price to the support line, where buyers are anticipated to engage. A rebound off the support line is likely to meet selling pressure at the 20-day EMA ($205). If the price sharply declines from the 20-day EMA, bears will again try to push the SOL/USDT pair below the support line. If successful, Solana’s price could plunge to $155.
Buyers must boost the price above the 20-day EMA to indicate that the pair might stay inside the channel for a while longer. A new uptrend could initiate after buyers push the price above the resistance line.
Dogecoin price prediction
The inability of bulls to sustain Dogecoin (DOGE) above $0.21 has reignited selling, taking the price close to a strong support level at $0.18.
The descending 20-day EMA ($0.22) and the RSI in the negative zone indicate that the path of least resistance is downward. If the price settles below $0.18, the DOGE/USDT pair may drop to $0.16 and eventually to $0.14.
Buyers will need to quickly push the price above the 20-day EMA to signal strength. The Dogecoin price could then rise to the 50-day SMA ($0.23) and eventually to the solid overhead resistance at $0.29.
Cardano price prediction
Cardano (ADA) has slipped below nearby support at $0.61, showcasing that bears are maintaining their selling pressure.
If the price closes below the $0.61 level, the ADA/USDT pair could see its decline extend to the robust support at $0.50. Buyers are anticipated to vigorously defend the $0.50 support; a break below increases the chance of a drop toward $0.30.
To stave off further declines, bulls must drive the Cardano price above the 20-day EMA ($0.74). The pair could then rally to the downtrend line, which is likely to attract sellers. Buyers will need to break through the downtrend line to signal the start of a new upswing toward $1.02.
Related: How low will Bitcoin go? Regional US ‘bank stress’ pushes BTC toward $100K
Hyperliquid price prediction
Hyperliquid (HYPE) dipped below the $35.50 mark on Friday, but the long tail on the candlestick indicates buying interest at lower levels.
If the price rebounds from the current level, it should encounter selling pressure at the neckline and the 20-day EMA ($42.25). If the price retreats from the resistance zone, bears will once again try to bring down the HYPE/USDT pair below $35.50. If successful, the Hyperliquid price could decline to $30.50.
On the other hand, a breakout and close above the 20-day EMA would indicate a reduction in selling pressure. The pair may then move toward the 50-day SMA ($47.15) and subsequently to $52.
Chainlink price prediction
Chainlink (LINK) has dropped below the support line of the descending channel pattern, indicating heightened selling pressure.
Bulls are making an effort to halt the decline at the $15.43 support but are likely to encounter selling pressure on any small rebound. If Chainlink’s price declines further and breaks below $15.43, the LINK/USDT pair could drop to $12.
Bulls must quickly drive Chainlink’s price above the 20-day EMA ($19.93) to suggest that the bearish momentum is lessening. Buyers will reestablish control once they elevate the pair above the resistance line.
Stellar price prediction
Stellar (XLM) continued to decline, slipping below the $0.31 support, signifying that bears are in control.
Sellers aim to solidify their position by pulling the Stellar price toward $0.25 and afterward to $0.22.
Buyers face a challenging road ahead. They must raise and maintain the price above the moving averages to indicate that selling pressure is abating. The XLM/USDT pair could then ascend to the downtrend line. Sellers will try to impede the recovery at the downtrend line, but if bulls prevail, the pair could surge toward $0.47.
This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
