Key points:

• Bitcoin’s rise to $79,500 opens the door to a move towards $84,000.
• Ether, Dogecoin, and Hyperliquid are showing strength, but other major altcoins have yet to gain momentum.

Bitcoin (BTC) started the recent week with a rise above $80,500, suggesting that the bulls are trying to take control. Analysts are closely watching the $80,000 level as some believe a failure to close above that level could trigger approach $60,000.

However, cryptocurrency analyst Matthew Hyland said in a post on

This is shown by the 30-day BTC liquidation map raise above $84,000 would result in $2.85 billion in tiny liquidations across all exchanges.

A daily view of cryptocurrency market data. Source: TradingView

A positive signal for bulls is that BTC’s growth continues to be supported by institutional investors. Capriole Investments founder Charles Edwards said in an X post that institutions are “eating over 500% of Bitcoin’s daily supply.” Such cases have historically resulted in price increases of more than 24% in the following month. If history repeats itself, BTC could rise to around $96,000.

Can BTC and major altcoins sustain their breakout? 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) remains in a mighty uptrend, hitting a recent all-time high of 7,272 on Friday.

SPX daily chart. Source: Cointelegraph/TradingView

The rising 20-day exponential moving average (7,043) indicates an advantage for buyers, but the relative strength index (RSI) near the overbought zone signals that a minor consolidation or correction is possible in the near future.

The 7000 level is a key support to watch on the downside. The solid rebound from the 7000 level suggests that the bulls have turned it into support. This improves the chances of increasing to 7.5 thousand.

On the contrary, a close below the support at 7,000 could result in the index falling to the 50-day uncomplicated moving average (6,827).

US Dollar Index Price Forecast

The US Dollar Index (DXY) is stuck between the 50-day SMA (98.97) and support at 97.74.

DXY daily chart. Source: Cointelegraph/TradingView

The falling 20-day EMA (98.61) and the RSI in the red indicate that the bears have a slight advantage. If the price breaks below the support at 97.74, the index could fall towards the 96.21 level.

On the other hand, a close above the 50-day SMA suggests that the bulls are back. The index may rise to the resistance level of 100.54, where buyers are expected to face mighty selling pressure from the bears.

Bitcoin price prediction

BTC broke the resistance at $79,500, signaling the resumption of the uptrend towards $84,000.

BTC/USDT daily chart. Source: Cointelegraph/TradingView

The uptrend is expected to encounter solid selling pressure at $84,000, but if bulls prevent the BTC price from falling below the 20-day EMA ($76,634), the possibility of a breakout increases. If the $84,000 level is broken, the BTC/USDT pair could move higher towards the $92,000 target pattern.

Time is running out for the bears. They will need to get the price below $76,000 quickly to dampen the bullish momentum. The pair could then drop to the 50-day SMA ($72,798).

Ether price prediction

Ether (ETH) rose above the 20-day EMA ($2,298) on Friday and is heading towards the upper resistance at $2,465.

ETH/USDT daily chart. Source: Cointelegraph/TradingView

Sellers will try to stop the rally at $2,465, but if the bulls prevail, the ETH/USDT pair could jump to the resistance line. If the ETH price drops sharply from the resistance line and breaks below the 20-day EMA, it suggests that the pair may remain in the channel for some time.

On the other hand, a breakout and close above the resistance line signals that the bulls are back in control. The pair could then rise towards the $3,050 level.

XRP price forecast

Buyers pushed XRP (XRP) above the moving averages, opening the door to increases towards the downtrend line.

XRP/USDT daily chart. Source: Cointelegraph/TradingView

Flat moving averages and RSI just above the middle do not give either bulls or bears a clear advantage. Buyers will gain the upper hand after a close above the $1.61 level. The XRP/USDT pair may then rise to $2 and then to $2.40.

Contrary to this assumption, if the price of XRP falls from the $1.61 level, it would suggest that bears are energetic at higher levels. This could extend the pair’s stay in the $1.27 to $1.61 range for a while.

BNB Price Forecast

BNB (BNB) has been trading near the moving averages for the past few days, indicating indecision between bulls and bears.

BNB/USDT daily chart. Source: Cointelegraph/TradingView

Flat moving averages and the RSI just above midpoint suggest that the BNB/USDT pair could remain in the $570 to $687 range for a few more days.

The next trending move is expected to start with a close above $687 or below $570. If bulls push BNB price above the resistance at $687, the pair is expected to gain momentum and rise to $790. Alternatively, a close below $570 signals a resumption of the downtrend towards $500.

Solana price forecast

Solana (SALT) tries to rise above the moving averages, indicating demand at a lower level.

SOL/USDT daily chart. Source: Cointelegraph/TradingView

A close above the moving averages could push SOL price to resistance at $90.73. Sellers will try to defend the $90.73 level, but if the bulls prevail, the SOL/USDT pair could rise to $98.

On the other hand, bears will need to push the price below $82.65 to gain an advantage. If they do, the pair could move down to solid support at $76. The next trend move is expected to start with a close above $98 or below $76.

Related: BTC price could “easily” reach 95k. dollars: five things to know about bitcoin this week

Dogecoin price forecast

Dogecoin (DOSE) broke above the resistance level at $0.11, opening the way for growth towards $0.12.

DOGE/USDT daily chart. Source: Cointelegraph/TradingView

The 20-day EMA ($0.10) has started to rise and the RSI is in the overbought zone, indicating that buyers have the upper hand. Sellers are expected to form a mighty defense at $0.12, but if buyers break through, the rally could reach $0.14 and ultimately $0.16.

Instead, if the DOGE price drops sharply from $0.12 and breaks below the moving averages, it suggests that the bears are still selling on the upside. This could keep the DOGE/USDT pair in the USD 0.09-0.12 range for a few more days.

Hyperfluid price prediction

Hyperfluid (HYP) is holding above the 20-day EMA ($41.04), but a long wick on the candlestick indicates selling at higher levels.

HYPE/USDT daily chart. Source: Cointelegraph/TradingView

The uptrend is expected to face selling pressure at the $43.76 to $45.77 resistance zone. If the HYPE price drops from its current level or upper zone and breaks above the 50-day SMA ($40.11), the advantage will shift towards the bears. The HYPE/USDT pair may then drop to $38.70.

On the other hand, a breakout and close above the upper zone signals a resumption of the uptrend. The pair could rise to $50 and then to $51.43.

Cardano Price Forecast

Cardano (ADA) has risen above the downtrend line, but bulls are facing mighty resistance at the 50-day SMA ($0.25).

ADA/USDT daily chart. Source: Cointelegraph/TradingView

The RSI rose just above the midpoint, signaling a slight advantage for the bulls. If buyers push the price above the 50-day SMA, the ADA/USDT pair could rise to $0.29 and then to $0.31. Sellers are expected to pose a significant challenge again at the $0.31 level as a close above suggests the pair may have bottomed in the tiny term.

The $0.22 level is critical support to watch on the downside. If the ADA price drops and breaks below the $0.22 support level, it signals a resumption of the downtrend.