Key points:
Bitcoin is receiving buying support below the $107,000 threshold, but any relief rally is expected to be sold into.
Many altcoins have hit significant support levels, yet the lack of a strong rebound implies that downward momentum may persist for some time.
Bitcoin (BTC) continues to be under pressure as bears strive to keep the price below the robust $107,000 support mark. This decline reflects a negative sentiment, as dip buyers are hesitant due to concerns regarding US regional banks.
Nonetheless, analysts from Bitwise noted in their weekly crypto market compass report that the significant liquidations on October 10 indicate a potential exhaustion of selling, which could diminish further downside. They also pointed out that the drop in their proprietary intraday Cryptoasset Sentiment Index to levels seen in early August 2024 presents a “contrarian buying opportunity.”
Meanwhile, Glassnode has adopted a more cautious perspective. Their recent report indicates that the markets are in a reset phase and require new demand for recovery confirmation. It pointed out that the Long-Term Holder supply has decreased by about 0.3 million BTC since July 2025, suggesting profit-taking among seasoned investors. Glassnode predicts a trend toward a “consolidation phase” for the market.
What key support levels should investors watch for in BTC and major altcoins? Let’s analyze the charts of the top 10 cryptocurrencies to find out.
Bitcoin price prediction
BTC persisted in its downward trajectory, falling below the $107,000 support on Friday; however, the long tail on the candlestick suggests buying interest at lower levels.
A close below $107,000 would finalize a double-top pattern, potentially leading the BTC/USDT pair to slide down to the psychological support of $100,000. Buyers are anticipated to robustly defend the $100,000 level, as a breakdown below it could trigger a drop to the pattern target of $89,526.
This negative outlook would be negated in the short term if Bitcoin’s price rebounds and surpasses the moving averages, indicating that the dip below $107,000 may have been a bear trap.
Ether price prediction
Ether (ETH) is facing a challenging battle between buyers and sellers at the support line of the descending channel pattern.
Any recovery attempt is expected to meet resistance at the 20-day exponential moving average ($4,159). A sharp downturn from the 20-day EMA would heighten the risk of breaching the support line, and if that occurs, the ETH/USDT pair could nosedive to $3,350.
For the Ether price to signal a continuation within the descending channel, buyers need to push it above the moving averages. A new uptrend may initiate after buyers succeed in surpassing the resistance line.
BNB price prediction
BNB (BNB) settled below the 20-day EMA ($1,144) on Thursday and continued its decline to the 50-day SMA ($1,017) on Friday.
Expectations are that buyers will fiercely protect the 50-day SMA, as a failure to do so could trigger further selling. The BNB/USDT pair may revisit the panic low of $860 from October 10. Such a movement suggests the BNB price may have peaked in the near term.
Any rebound from the 50-day SMA is anticipated to encounter considerable selling pressure at the 20-day EMA. Buyers must overcome the hurdle at the 20-day EMA to indicate that the corrective phase may be concluding.
XRP price prediction
Sellers pushed XRP (XRP) below the immediate support at $2.30, but bulls are trying to regain this level.
If the price rises from the current point, the bears will seek to halt recovery at the 20-day EMA ($2.63). If that occurs, it denotes negative sentiment and increases the chances of a drop below $2.30, leading the XRP price to potentially fall to $2.
Conversely, should buyers drive the XRP/USDT pair above the 20-day EMA, the relief rally could extend toward the downtrend line. This level is critical for bears to maintain, as a breach above it would indicate a revival in buyer interest. The pair could then ascend towards $3.38.
Solana price prediction
Solana (SOL) has been descending within a channel pattern, indicating a trend of lower highs and lower lows.
Bears are attempting to push the price down to the support line, where buying interest is expected to surface. A rebound from this support line is likely to face selling around the 20-day EMA ($205). A significant decline from the 20-day EMA would prompt bears to reattempt to drive the SOL/USDT pair below the support line. If successful, the Solana price could plummet to $155.
To keep the price within the channel for a longer period, buyers need to uplift it above the 20-day EMA. A new uptrend could emerge following a price rise above the resistance line.
Dogecoin price prediction
The inability of bulls to sustain Dogecoin (DOGE) above $0.21 has led to renewed selling, bringing the price close to the considerable support level at $0.18.
The declining 20-day EMA ($0.22) and an RSI in negative territory indicate that the least resistant path is downward. If the price closes below $0.18, the DOGE/USDT pair could decrease to $0.16 and further to $0.14.
Buyers need to quickly push the price above the 20-day EMA to show strength. The price of Dogecoin could then rise toward the 50-day SMA ($0.23) and subsequently to the robust overhead resistance at $0.29.
Cardano price prediction
Cardano (ADA) has dropped below the adjacent support at $0.61, indicating sustained selling pressure from bears.
If the price closes beneath the $0.61 level, the ADA/USDT pair may continue to decline to solid support at $0.50. Buyers are anticipated to aggressively protect the $0.50 support, as a drop below that heightens the risk of a slide toward $0.30.
To avert further downside, bulls must push the Cardano price above the 20-day EMA ($0.74). This would potentially lead to a rally towards the downtrend line, which sellers are likely to resist. A breach of the downtrend line would signal the beginning of a new upward trend towards $1.02.
Related: How low will Bitcoin go? Regional US ‘bank stress’ pushes BTC toward $100K
Hyperliquid price prediction
Hyperliquid (HYPE) fell below the $35.50 mark on Friday, though a long tail on the candlestick indicates buying interest at lower points.
If the price rises from the current level, it may face resistance at the neckline and subsequently at the 20-day EMA ($42.25). Should the price retrace from this resistance zone, bears will likely attempt to push the HYPE/USDT pair below $35.50 again. If they succeed, the Hyperliquid price could decline to $30.50.
On the other hand, a break and close above the 20-day EMA would suggest a reduction in selling pressure. The pair may then rise to the 50-day SMA ($47.15) and eventually to $52.
Chainlink price prediction
Chainlink (LINK) has fallen beneath the support line of the descending channel pattern, indicating increasing selling pressure.
Bulls are attempting to halt the decline at the $15.43 support, but they are likely to face selling pressure on any minor recovery. If Chainlink’s price falters and breaks below the $15.43 mark, the LINK/USDT pair could fall to $12.
The bulls must act quickly to push the Chainlink price above the 20-day EMA ($19.93) to indicate that bearish momentum is waning. Buyers would need to propel the pair past the resistance line for them to regain control.
Stellar price prediction
Stellar (XLM) has continued to drop and slipped below the $0.31 support, indicating prevailing bearish sentiment.
Sellers aim to solidify their position by driving the Stellar price to $0.25 and subsequently to $0.22.
Buyers are facing a considerable challenge. They must push and maintain the price above the moving averages to indicate that selling pressure is easing. If successful, the XLM/USDT pair could then rise to the downtrend line. Sellers will likely resist this recovery at the downtrend line, but should the bulls succeed, the pair might surge towards $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.
