Key points:
Strong demand in Bitcoin ETFs last week contributed to the price reaching a new all-time high on Sunday, with efforts to maintain the momentum on Monday.
Many altcoins are showing resilience and pushing to surpass their resistance levels.
Bitcoin (BTC) experienced a pullback after achieving a new all-time high of $125,708 on Sunday, but bullish sentiment remains strong as they resist any significant retreat. The bulls successfully drove the price to a new high again on Monday.
This recent surge was supported by substantial inflows into spot BTC exchange-traded funds, which totaled $3.24 billion last week, marking one of the highest weeks recorded, just shy of the previous record of $3.38 billion ending Nov. 22, 2024, according to SoSoValue data.
Multiple leading Wall Street banks predict BTC will continue its upward trajectory through the end of the year, buoyed by consistent BTC ETF investments and its link to gold. Citigroup projects a modest year-end price of around $133,000, while Standard Chartered analysts foresee a climb to $200,000 by December.
Will BTC maintain its upward momentum, or will a brief dip occur? How do altcoins fare? Let’s delve into the charts of the top 10 cryptocurrencies for insights.
S&P 500 Index price prediction
The S&P 500 Index (SPX) continued its impressive performance last week, suggesting that bulls are firmly in control.
The initial sign of weakness would be a break and closure below the 20-day exponential moving average (6,637). If that occurs, the index could fall towards the 50-day simple moving average (6,503). Buyers are likely to defend the 50-day SMA vigorously, as a break below it might trigger a deeper correction to 6,147.
Conversely, if buyers sustain the price above the moving averages, it would indicate that positive sentiment persists, potentially pushing the index towards the psychological level of 7,000.
US Dollar Index price prediction
The bulls effectively prevented bears from pushing the US Dollar Index (DXY) below the moving averages but are struggling to overcome the overhead resistance at 99.
Should the price remain above the moving averages, buyers will again try to push the index above this resistance. If successful, the index could rise to 100.50. However, sellers are expected to present significant resistance at this level, and if bulls clear it, the next target is likely the 102 resistance level.
The zone between 97 and 96.21 is anticipated to serve as robust support on any pullbacks. Bears will need to drive the price below 96.21 to indicate a resumption of the downward trend.
Bitcoin price prediction
Bears attempted to capitalize on the rally at $125,708 on Sunday but failed to keep the price below the breakout level of $124,474 on Monday.
A sharp decline from the current level would indicate that bears are active at elevated price points. Sellers would then try to pull BTC to the 20-day EMA ($117,291). If the price bounces back from this level with strength, bulls would aim to push the BTC/USDT pair toward $141,948.
Alternatively, if the price declines and breaks below the 20-day EMA, it suggests oscillation between $107,000 and $126,000 may continue for some time. A bearish double-top pattern would form if the price dips below $107,000.
Ether price prediction
Ether (ETH) breached the resistance line on Monday, showing that buyers are attempting to gain control again.
A close above the resistance line would indicate the corrective phase may be over, allowing Ether to rally to $4,769, and potentially to $4,957. Sellers are anticipated to defend the $4,957 level vigorously, but if buyers succeed, Ether may surge to $5,500.
Conversely, a significant drop breaking below the 20-day EMA ($4,375) could trap aggressive bulls, leading the ETH/USDT pair to the $4,060 to $3,745 support zone.
XRP price prediction
XRP (XRP) is experiencing a challenging standoff between buyers and sellers at the downtrend line.
The 20-day EMA ($2.94) is gradually edging up and the RSI is slightly above the midpoint, indicating a minor advantage for the bulls. The descending triangle pattern will be invalidated with a close above the downtrend line, potentially triggering a short squeeze that could propel XRP to $3.40 and later to $3.66.
Conversely, should the price sharply decline and break below the moving averages, the XRP/USDT pair may linger within the triangle for a while longer.
BNB price prediction
Sellers attempted to halt BNB’s (BNB) ascent at $1,192, but buyers had other intentions. The bulls capitalized on a brief dip and pushed the price to a new all-time high on Monday.
The BNB/USDT pair might advance to $1,252, where sellers are likely to pose significant resistance. However, if buyers break through this level, the upward trend could extend to $1,394.
Bears face significant challenges ahead. The initial support on the downside lies at $1,134, followed by the 20-day EMA ($1,052). Sellers need to pull the BNB price below the 20-day EMA to indicate a reversal. If this occurs, the pair may decline to the 50-day SMA ($941).
Solana price prediction
Sellers attempted to drive Solana (SOL) beneath the 20-day EMA ($222) on Saturday, but bulls maintained their position.
The upward-sloping moving averages and the RSI in positive territory suggest a bullish advantage. This increases the likelihood of a break above the $237 resistance. If successful, the SOL/USDT pair could rise to the robust overhead resistance at $260.
This optimistic outlook will be invalidated if the price sharply declines below the 50-day SMA ($214). In that scenario, Solana’s price might fall to the $191 support level.
Related: Bitcoin is outperforming leading memecoins in 2025: Can DOGE, TRUMP recover in Q4?
Dogecoin price prediction
Dogecoin (DOGE) has remained above the 20-day EMA ($0.25) in recent days, reflecting positive sentiment.
The 20-day EMA is starting to trend upward, and the RSI has moved into positive territory, indicating a slight advantage for bulls. If the price breaks above $0.27, the DOGE/USDT pair could rise to the $0.29 to $0.31 resistance zone. Sellers are expected to defend this zone aggressively, as a breakthrough could elevate Dogecoin to $0.39.
The uptrend line is critical support to observe; a break below suggests the bears are gaining control. The pair may remain within the broader range of $0.14 to $0.29 for a while longer.
Cardano price prediction
Cardano (ADA) closed above the 50-day SMA ($0.85) on Thursday, but bulls were unable to surpass the resistance line.
A favorable sign for bulls is that they have kept the price above the 20-day EMA ($0.84), indicating strong demand at lower levels. They are again attempting to break above the resistance line. If they succeed, the ADA/USDT pair may surge toward $1.02.
In contrast, if the price declines and closes below the 20-day EMA, it would suggest strong selling near the resistance line, potentially extending Cardano’s stay within the descending triangle pattern.
Hyperliquid price prediction
Hyperliquid’s (HYPE) rebound is encountering resistance at the 61.8% Fibonacci retracement level of $51.87, indicating selling pressure on rallies.
Bears are attempting to pull the price below the moving averages and sustain it there. If they succeed, the HYPE/USDT pair could drop to $43, a critical support level; a break below might plunge the Hyperliquid price to $39.68.
If the price rises and breaks above $51.87, it would indicate bulls are returning to the market. This could lead to a rally toward $55.18 and possibly to the all-time high of $59.41.
This article does not provide investment advice or recommendations. Each investment and trading decision involves risks, and readers should conduct their own due diligence.
