Price predictions 2/18: BTC, ETH, XRP, BNB, SOL, DOGE, BCH, ADA, HYPE, XMR

2 hours ago

Key points:

Bitcoin remains nether pressure, and the downside mightiness accelerate if the $65,118 level is breached.
Several large altcoins are attempting a recovery, but the bears stay sellers connected rallies.

Bitcoin (BTC) bulls are attempting to clasp the terms supra $67,000, but the bears person continued to exert pressure. A affirmative motion for the bulls is that prime analysts judge BTC whitethorn beryllium bottoming out.

Analyst Jelle said successful a station connected X that each but 1 of BTC’s large bottoms had formed betwixt the 200-week elemental moving mean ($58,371) and the 200-week exponential moving mean ($68,065). BTC trading adjacent the 200-week EMA suggests that the bottom enactment process whitethorn person begun.

Similarly, Matrixport said successful a station connected X that BTC whitethorn beryllium making a durable bottom. Matrixport said that erstwhile the 21-day moving mean of its regular sentiment indicator dips beneath zero and starts to crook up, it suggests that the selling unit is getting exhausted. Although that doesn’t regularisation retired a diminution successful the adjacent term, the readings bespeak that BTC could beryllium approaching different inflection point.

Another affirmative projection for BTC came from Wells Fargo expert Ohsung Kwon. In a enactment seen by CNBC, Kwon said further savings from taxation refunds, mostly from high-income consumers, could flow into equities and BTC, bringing backmost the “YOLO” trade.

Could BTC and the large altcoins flooded the overhead absorption levels? Let’s analyse the charts of the apical 10 cryptocurrencies to find out.

Bitcoin terms prediction

BTC has been making higher lows successful the abbreviated term, but the bulls person failed to propulsion the terms supra the breakdown level of $74,508.

Buyers are apt to marque different effort to pierce the overhead absorption astatine the 20-day EMA ($72,282) and the $74,508 level. If they tin propulsion it off, the BTC/USDT brace whitethorn rally to the 50-day SMA ($83,129).

Sellers are apt to person different plans. They volition effort to support the 20-day EMA and propulsion the Bitcoin terms beneath the contiguous enactment astatine $65,118. If they negociate to bash that, the brace mightiness tumble to coagulated enactment astatine $60,000.

Ether terms prediction

The bulls person maintained Ether (ETH) supra the contiguous enactment astatine $1,897, indicating buying connected dips.

Buyers volition again effort to wide the overhead hurdle astatine the 20-day EMA ($2,183). If they succeed, the ETH/USDT brace whitethorn commencement a stronger betterment toward the 50-day SMA ($2,707).

Contrarily, if the Ether terms turns down and breaks beneath $1,897, it suggests that the bears are attempting to instrumentality charge. The brace whitethorn past driblet to the captious enactment astatine $1,750. Buyers are expected to support the $1,750 level with each their might, arsenic a adjacent beneath it whitethorn descend the brace to $1,537.

XRP terms prediction

XRP (XRP) has been trading conscionable beneath the 20-day EMA ($1.52), indicating that the bulls proceed to exert pressure.

That improves the prospects of a interruption supra the 20-day EMA and the breakdown level of $1.61. The XRP terms whitethorn past ascent to the 50-day SMA ($1.80), signaling the XRP/USDT brace whitethorn stay wrong the transmission for immoderate much time.

Buyers volition person to thrust the terms supra the downtrend enactment to bespeak a imaginable short-term inclination change. On the contrary, a deeper autumn mightiness statesman if the terms turns down and plunges beneath the enactment line.

BNB terms prediction

BNB (BNB) has been trading successful a constrictive scope for the past fewer days, signaling indecision betwixt the bulls and the bears.

If the BNB terms turns down and plummets beneath the $570 support, it indicates the resumption of the downtrend. The BNB/USDT brace whitethorn past widen the diminution to the intelligence level astatine $500.

Buyers volition person to propulsion and support the terms supra the 20-day EMA ($676) to suggest that the selling unit is reducing. The brace whitethorn past rally to $730 and subsequently to $790.

Solana terms prediction

Solana (SOL) is facing absorption adjacent the breakdown level of $95, indicating that the bears are progressive astatine higher levels.

The bears volition effort to fortify their presumption by pulling the Solana terms beneath the $76 support. If they negociate to bash that, it suggests that the bears person flipped the $95 level into resistance. The brace whitethorn past retest the Feb. 6 debased of $67.

Buyers volition person to flooded the $95 overhead hurdle to awesome a comeback. If they tin propulsion it off, the SOL/USDT brace whitethorn ascend to the 50-day SMA ($116), wherever the sellers are expected to equine a beardown defense.

Dogecoin terms prediction

Dogecoin (DOGE) has been trading conscionable beneath the 20-day EMA ($0.10), indicating a deficiency of selling astatine little levels.

That increases the likelihood of a rally supra the 20-day EMA. The DOGE/USDT brace whitethorn past ascent to the 50-day SMA ($0.12). Sellers volition effort to halt the betterment astatine the $0.12 level, but if the bulls flooded the resistance, the Dogecoin terms whitethorn soar to the $0.16 level.

Instead, if the terms turns down from the $0.12 resistance, it suggests a imaginable scope enactment successful the adjacent term. The brace mightiness plaything betwixt $0.08 and $0.12 for a fewer days.

Bitcoin Cash terms prediction

Bitcoin Cash (BCH) has been stuck betwixt the moving averages, indicating uncertainty astir the adjacent directional move.

The upsloping 20-day EMA ($547) and the RSI conscionable supra the midpoint suggest a imaginable upside breakout. If that happens, the Bitcoin Cash terms mightiness rally to $600 and, aft that, to $630.

Contrary to this assumption, if the terms turns down and breaks beneath the 20-day EMA, it signals that the bears person overpowered the bulls. That mightiness commencement a correction toward the adjacent enactment astatine $500.

Hyperliquid terms prediction

Hyperliquid (HYPE) closed beneath the 20-day EMA ($30.26) connected Tuesday, indicating selling astatine higher levels.

Buyers volition effort to support the Hyperliquid terms supra the 50-day SMA ($27.74), but if the bears prevail, the HYPE/USDT brace whitethorn tumble toward the coagulated enactment astatine $20.82. The flattish 20-day EMA and the RSI conscionable beneath the midpoint suggest a range-bound enactment betwixt $20.82 and $35.50 for immoderate time.

The archetypal motion of spot for the bulls is simply a adjacent supra the $32.50 level. That opens the doors for a rally to the $35.50 to $38.42 absorption zone.

Cardano terms prediction

Cardano (ADA) has been clinging to the 20-day EMA ($0.29), indicating that the bulls person kept up the pressure.

The anticipation of a interruption supra the 20-day EMA remains high. If that happens, the ADA/USDT brace whitethorn ascent toward the downtrend line, which is expected to enactment arsenic a stiff resistance. If buyers pierce the downtrend line, the Cardano terms whitethorn rally to $0.44 and past to $0.50.

Sellers volition person to tug the terms beneath the enactment enactment to regain control. If they negociate to bash that, the brace mightiness slump toward $0.15.

Monero terms prediction

Monero (XMR) remains beneath the breakdown level of $360, but a affirmative motion is that the bulls person not allowed the terms to gaffe beneath the contiguous enactment astatine $309.

Buyers volition person to thrust the Monero terms supra the 20-day EMA ($366) to summation the precocious hand. The XMR/USDT brace whitethorn past ascent to the 50-day SMA ($449), wherever the bears are expected to measurement in.

On the downside, a interruption and adjacent beneath the $309 level indicates that the bears stay successful control. The brace whitethorn past retest the important $276 support. A beardown rebound disconnected the $276 level mightiness effect successful a range-bound enactment for a fewer days.

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