Key points:
-
Bitcoin is encountering buying support beneath the $107,000 level, but any relief rally is likely to be short-lived.
-
Multiple altcoins have reached solid support levels, yet the absence of a robust rebound indicates that downward pressure may persist.
Bitcoin (BTC) remains under pressure as sellers aim to keep the price below the significant support level of $107,000. This decline reflects negative sentiment, with potential buyers hesitant due to concerns surrounding US regional banks.
Bitwise analysts noted in their weekly crypto market report that the substantial liquidations on October 10 suggest selling exhaustion, which could limit further declines. They also mentioned that the reduction in their internal Cryptoasset Sentiment Index to levels last seen in early August 2024 indicates a potential “contrarian buying opportunity.”
Conversely, Glassnode adopts a more cautious stance. Their recent report states that the markets are in a reset phase and need fresh demand for a recovery to take hold. It highlighted that the Long-Term Holder supply has decreased by roughly 0.3 million BTC since July 2025, suggesting profit-taking by seasoned investors. Glassnode predicts the market will “enter a consolidation phase.”
What vital support levels should be monitored for BTC and major altcoins? Let’s examine the charts of the top 10 cryptocurrencies for insights.
Bitcoin price prediction
BTC continued its downward trajectory, dropping below the $107,000 support on Friday, but the long tail on the candlestick indicates buying interest at lower prices.
A close below $107,000 will confirm a double-top pattern. The BTC/USDT pair may then slide to the psychological support at $100,000. Buyers are anticipated to aggressively defend the $100,000 level, as a breach below could open the path for a decline to the pattern target of $89,526.
This bearish outlook will be negated in the short term if Bitcoin price rebounds above the moving averages. That would imply the retreat below $107,000 could be a bear trap.
Ether price prediction
Ether (ETH) is experiencing a fierce struggle between bulls and bears at the support line of the descending channel pattern.
Any recovery attempt is likely to face resistance at the 20-day exponential moving average ($4,159). A sharp decline from this average could heighten the risk of breaking below the support line, with the ETH/USDT pair potentially falling to $3,350.
To indicate that the pair might remain within the descending channel longer, buyers will need to push Ether’s price above the moving averages. A new uptrend could form if buyers can raise the price above the resistance line.
BNB price prediction
BNB (BNB) closed below the 20-day EMA ($1,144) on Thursday and extended its drop to the 50-day SMA ($1,017) on Friday.
Buyers will strive to defend the 50-day SMA, as failing to do so could accelerate selling. If this occurs, the BNB/USDT pair may retest the October 10 panic low of $860, suggesting that BNB’s price could have peaked in the near term.
A rebound from the 50-day SMA is expected to meet significant resistance at the 20-day EMA. Buyers must overcome this barrier to indicate that the corrective phase might be over.
XRP price prediction
Sellers pushed XRP (XRP) below the immediate support at $2.30, but bulls are attempting to reclaim this level.
If the price rises from the current level, bears will likely attempt to halt the recovery at the 20-day EMA ($2.63). If they succeed, it indicates negative sentiment, increasing the odds of a decline below $2.30, potentially dropping the XRP price to $2.
Conversely, if buyers push the XRP/USDT pair above the 20-day EMA, the relief rally could extend toward the downtrend line. This level is critical for sellers to defend; a break above it could signal a resurgence of bullish momentum, potentially driving the pair toward $3.38.
Solana price prediction
Solana (SOL) has been trading within a descending channel, reflecting a series of lower highs and lows.
Bears are aiming to pull the price down to the support line, where buyers are expected to step in. A rebound from this support level will likely face selling resistance at the 20-day EMA ($205). If the price sharply declines from that point, bears will attempt to push the SOL/USDT pair below the support line. A successful breach could see Solana’s price fall to $155.
Buyers will need to drive the price above the 20-day EMA to indicate that the pair may stay inside the channel a little longer. A new uptrend could commence if buyers successfully surpass the resistance line.
Dogecoin price prediction
The inability of bulls to maintain Dogecoin (DOGE) above $0.21 has reignited selling, bringing the price close to the robust support level at $0.18.
The downward-sloping 20-day EMA ($0.22) and the RSI in negative territory suggest that the trend is to the downside. If the price closes below $0.18, the DOGE/USDT pair may drop to $0.16 and eventually to $0.14.
To indicate strength, buyers must quickly push the price above the 20-day EMA, which could elevate Dogecoin to the 50-day SMA ($0.23) and later to resistances around $0.29.
Cardano price prediction
Cardano (ADA) fell below its nearby support at $0.61, indicating sustained selling pressure from the bears.
If the price settles below $0.61, the ADA/USDT pair may see a decline towards the solid support at $0.50. Buyers are expected to strongly defend the $0.50 level, as a breach could increase the risk of falling to $0.30.
To avert further decline, bulls will need to elevate Cardano’s price above the 20-day EMA ($0.74). This could allow the pair to rally toward the downtrend line, which may attract sellers. Buyers must overcome this downtrend line to signal a potential rally toward $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, yet the long tail on the candlestick indicates buying interest at lower levels.
If the price rises from the current level, it will likely encounter resistance at the neckline and then at the 20-day EMA ($42.25). A decline from the overhead resistance zone could lead bears to attempt to drive the HYPE/USDT pair below $35.50. If successful, the Hyperliquid price may drop to $30.50.
On the other hand, a close above the 20-day EMA suggests that selling pressure is easing. The pair could then rise to the 50-day SMA ($47.15) and later to $52.
Chainlink price prediction
Chainlink (LINK) has fallen below the support line of the descending channel pattern, indicating heightened selling pressure.
Bulls are trying to halt the decline at the $15.43 support, but any slight increase is likely to face selling pressure. If LINK price declines further and breaches $15.43, the LINK/USDT pair could drop to $12.
To suggest that the bearish momentum is weakening, bulls must quickly push the Chainlink price above the 20-day EMA ($19.93). Buyers will regain control after propelling the pair above the resistance line.
Stellar price prediction
Stellar (XLM) continued its decline, slipping below the $0.31 support, indicating that bears dominate.
Sellers aim to strengthen their position by driving the Stellar price down to $0.25 and then to $0.22.
Buyers face a significant challenge. They must push and hold the price above the moving averages to suggest diminished selling pressure. If successful, the XLM/USDT pair could then rise to the downtrend line. Sellers will attempt to halt this recovery at that line, but if buyers prevail, the pair may 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.
