Key points:

• Bitcoin continues to face resistance near $79,500, but the trajectory remains up as long as the price remains above $76,000.
• Most major altcoins are showing no direction, suggesting short-term consolidation.

Bitcoin (BTC) tried to rise above $79,500, but the bears held their ground. BTC investor and author Michael Terpin told Cointelegraph that BTC could drop to $57,000 in October 2026, based on a study of “historical average” drawdown spanning approximately 1 year from the peak of the market cycle. Terpin added that BTC will need to rise above $100,000 for the bull market to resume.

Another negative opinion was provided by Bitcoin analyst Matthew Hyland, who in a post on X stated that “a higher expected consensus result for BTC is another leg lower until October.” Seasoned trader Peter Brandt also expressed his opinion in post

A daily view of cryptocurrency market data. Source: TradingView

While several analysts expect BTC to decline, cryptocurrency sentiment platform Santiment has a different view. Santiment reported in a post on X that BTC wallets containing 10 to 10,000 BTC have added 40,967 BTC since April 10, while retail investors with less than 0.1 BTC have accumulated 46 BTC over the same period. If whales continue to buy and retail investors book profits, it could signal a long-term bull market.

Could BTC and major altcoins bounce off support? To find out, let’s analyze the charts of the 10 most popular cryptocurrencies.

S&P 500 Index Price Forecast

The S&P 500 Index (SPX) rose to a modern all-time high on Friday, indicating that bulls are dominating.

SPX daily chart. Source: Cointelegraph/TradingView

The rising 20-day exponential moving average (6948) and the relative strength index (RSI) near the overbought zone suggest that the upward move may continue. The next levels worth watching on the positive side are 7,500 and then 7,877.

Sellers will need to push the price back below the 20-day EMA quickly to dampen the bullish momentum. If they are successful, the index could drop to the 50-day basic moving average (6795).

US Dollar Index Price Forecast

The US Dollar Index (DXY) has hit moving averages with bears posing a mighty challenge.

DXY daily chart. Source: Cointelegraph/TradingView

The bears will try to push the price towards the 97.74 level where buyers are expected to step in. However, if the bears push the price below the 97.74 level, the index may fall towards the support zone of 96.21-95.55.

On the other hand, bulls will need to keep prices above the moving averages to raise the likelihood of a rally towards the 100.54 level. The bears will try to keep the index in the range of 95.55-100.54 by selling near the upper resistance.

Bitcoin price prediction

BTC is holding above the $76,000 breakout level, which indicates that bulls are in no rush to book profits.

BTC/USDT daily chart. Source: Cointelegraph/TradingView

Rising moving averages and RSI in the positive zone signal that the path of least resistance is up. If buyers push the price above $80,000, the BTC/USDT pair could skyrocket to $84,000.

Time is running out for the bears. To gain an advantage, they will need to quickly bring the BTC price below the 20-day EMA. The pair could then drop to the 50-day SMA ($71,820), signaling that bears are busy at higher levels.

Ether price prediction

Ether (ETH) remains above the 20-day EMA ($2,295), but bulls failed to push it above the resistance at $2,465.

ETH/USDT daily chart. Source: Cointelegraph/TradingView

Sellers will try to strengthen their position by driving the ETH price below the 20-day EMA. If they succeed, it suggests that the ETH/USDT pair may remain in an ascending channel for some time.

Buyers will need to push the price above the resistance line to take control. The pair could then rise to $3,050. Sellers will be back in the driver’s seat on a close below the support line.

XRP price forecast

XRP (XRP) remains in a range between $1.27 and $1.61, indicating buying on dips and selling on ups.

XRP/USDT daily chart. Source: Cointelegraph/TradingView

The 20-day EMA ($1.40) has started to rise gradually and the RSI is trading near the middle, indicating that the bulls have a slight advantage. There is a slight resistance at the $1.51 level, but if it is breached, the XRP/USDT pair could reach the downtrend line. A break and close above the downtrend line signals a potential trend change. The pair may then rise to $2.

The sellers probably have other plans. They will attempt to pull the XRP price back below the moving averages by keeping the pair in this range.

BNB Price Forecast

BNB (BNB) finds support on the moving averages, but the bulls failed to trigger a mighty rebound from them.

BNB/USDT daily chart. Source: Cointelegraph/TradingView

Buyers will need to push the BNB price above $654 to gain signal strength. The BNB/USDT pair could then test the resistance level at $687, which is a critical level to watch. If buyers break through the $687 level, the pair could rise to $730 and then to $790.

Instead, if the price drops from the current level or upper resistance and breaks below the moving averages, it suggests that the pair could remain in the $570 to $687 range for a few more days.

Solana price forecast

Solana (SOL) continues to trade near the moving averages, which indicates a balance between supply and demand.

SOL/USDT daily chart. Source: Cointelegraph/TradingView

There is a slight hurdle at $90.73, but if this level is broken, the SOL/USDT pair could reach the $98 resistance. Sellers are expected to defend the $98 level with all their might, and a close above this level will open the door to a rise to $117.

Alternatively, if SOL price breaks from its current level or general resistance and falls below $82.94, it suggests that the bears are trying to take control. The pair could then fall to the support at $76.

Related: First 21-week trendline recovery since October 2025: Five things to know about Bitcoin this week

Dogecoin price forecast

Dogecoin (DOGE) is gradually rising but is expected to trade in the $0.10 to $0.11 zone.

DOGE/USDT daily chart. Source: Cointelegraph/TradingView

If DOGE price breaks from the upper resistance zone, it is expected to find support at the moving averages. A keen rebound from the moving averages increases the chance of an raise to the level of $0.12.

Conversely, if the price drops and breaks below the moving averages, it signals that the bears are still selling on the upside. The DOGE/USDT pair risks a resumption of the downtrend if the support at USD 0.09 is broken.

Hyperfluid price prediction

Hyperliquid (HYPE) resumed its march north after breaking through resistance at $41.88 on Sunday.

HYPE/USDT daily chart. Source: Cointelegraph/TradingView

The uptrend is facing selling pressure in the $43.76 to $45.77 zone, as seen by the long wick of the candlestick. Sellers will attempt to push the HYPE price below the 20-day EMA ($41.25), opening the door to a decline towards the 50-day SMA ($39.50).

Conversely, if the price rises above the current level or the 20-day EMA and breaks above $45.77, it means the bulls remain in control. This could push the HYPE/USDT pair towards the $50-$51.43 resistance zone.

Cardano Price Forecast

Cardano (ADA) has been holding on to moving averages for several days, increasing the chances of an upside breakout.

ADA/USDT daily chart. Source: Cointelegraph/TradingView

The downtrend line is a key resistance to pay attention to because a close above it signals a potential short-term trend change. The ADA/USDT pair may rise to $0.32 and then to $0.37.

On the contrary, if the price of ADA drops sharply from the downtrend line, it suggests that the bears are aggressively defending this level. The pair may then fall to the $0.22 support.