Price predictions 5/13: BTC, ETH, BNB, XRP, SOL, DOGE, HYPE, ADA, ZEC, BCH

Key points:

• Bitcoin has reached a important support, arsenic a interruption beneath the $79,000 level whitethorn deepen the pullback.
• Several large altcoins are facing selling pressure, indicating that the bears stay successful the game. 

Bitcoin (BTC) extended its pullback connected Wednesday and slipped beneath the $80,000 level. However, analysts stay optimistic astir BTC’s prospects successful the adjacent term.

Analyst CRG said successful a station connected X that BTC did not interruption supra the Ichimoku unreality adjacent erstwhile during the erstwhile carnivore market, and erstwhile it did, a caller bull marketplace started. Interestingly, BTC has risen comfortably supra the Ichimoku cloud, weakening the examination with the erstwhile carnivore marketplace cycle.

Another bullish projection came from Maelstrom main concern serviceman Arthur Hayes, who said successful a Substack station that BTC “retaking the $126,000 is simply a foregone conclusion.” He expects BTC to prime up momentum aft breaking supra $90,000, wherever “many telephone over-writers volition unreserved to screen arsenic their onslaught gets taken out.”

Hayes expects the AI assemblage contention with China and the ongoing warfare with Iran to effect successful wealth printing, benefitting the crypto ecosystem.

BTC’s bullish presumption is not shared by everyone. A BTC whale, known by the moniker 'pension-usdt.eth,' is short 1,000 BTC, worthy astir $81 million, with 3x leverage. The trade, which was opened erstwhile BTC was astatine $67,990, is down astir $13 million, but the trader confirmed connected X that helium was inactive abbreviated arsenic “the commercialized makes sense.”

Could BTC and the large altcoins rebound disconnected their enactment levels? Let’s analyse the charts of the top-10 cryptocurrencies to find out.

Bitcoin terms prediction

BTC has dipped to the 20-day exponential moving mean ($79,092), which is simply a captious near-term enactment to watch.

BTC/USDT regular chart. Source: Cointelegraph/TradingView

If the terms rebounds disconnected the 20-day EMA with strength, the bulls volition effort to propulsion the BTC/USDT brace supra the $84,000 resistance. If they succeed, the BTC terms is expected to prime up momentum and skyrocket toward $92,000 and subsequently to $97,924.

This bullish presumption volition beryllium invalidated successful the adjacent word if the terms continues little and breaks beneath the 20-day EMA. That suggests traders are booking profits. That whitethorn commencement a deeper pullback toward the 50-day elemental moving mean ($74,571) and aboriginal to the enactment line.

Ether terms prediction

Ether (ETH) attempted to commencement a betterment from the 50-day SMA ($2,245), but the agelong wick connected the candlestick shows selling astatine higher levels.

ETH/USDT regular chart. Source: Cointelegraph/TradingView

A interruption and adjacent beneath the 50-day SMA opens the doors for a driblet to the enactment enactment of the ascending transmission pattern. Buyers are expected to fiercely support the enactment line, arsenic a adjacent beneath it whitethorn descend the ETH/USDT brace to $1,916.

The archetypal motion of spot volition beryllium a interruption and adjacent supra the $2,465 resistance. The ETH terms whitethorn past ascend to the absorption line, which is simply a captious level to watch. A interruption supra the absorption enactment whitethorn catapult the brace toward $3,050.

BNB terms prediction

BNB (BNB) rebounded disconnected the 20-day EMA ($643) connected Tuesday and reached the $687 overhead absorption connected Wednesday.

BNB/USDT regular chart. Source: Cointelegraph/TradingView

The upsloping 20-day EMA and the RSI adjacent the overbought portion awesome that the bulls person the precocious hand. A adjacent supra the $687 level opens the doors for a rally to $730 and aboriginal to $790.

Sellers volition person to tug the BNB terms backmost beneath the 50-day SMA ($623) to weaken the bulls. If they negociate to bash that, the BNB/USDT brace whitethorn consolidate wrong the $570 to $687 scope for a portion longer.

XRP terms prediction

XRP (XRP) has been stuck betwixt the downtrend enactment of the descending transmission signifier and the moving averages for the past fewer days.

XRP/USDT regular chart. Source: Cointelegraph/TradingView

A choky consolidation beneath a important absorption suggests that the bulls are holding connected to their positions arsenic they expect an upside breakout. If the downtrend enactment is scaled, the XRP/USDT brace whitethorn surge to $1.61. Sellers are expected to support the $1.61 level with each their might, arsenic a adjacent supra it signals a imaginable inclination change. The XRP terms whitethorn past soar to $2.40.

Conversely, a adjacent beneath the moving averages suggests that the bulls person fixed up. The brace whitethorn past descend to the $1.27 level, wherever the buyers are expected to measurement in.

Solana terms prediction

Solana (SOL) turned down from the $98 absorption connected Tuesday, indicating that the bears are progressive astatine higher levels.

SOL/USDT regular chart. Source: Cointelegraph/TradingView

The upsloping 20-day EMA ($89) and the RSI successful the affirmative territory bespeak an vantage to buyers. If the terms rebounds disconnected the 20-day EMA, the bulls volition again effort to pierce the $98 resistance. If they tin propulsion it off, the SOL/USDT brace whitethorn ascent to $106 and past to $117.

This affirmative presumption volition beryllium negated successful the adjacent word if the SOL terms continues little and breaks beneath the 20-day EMA. Such a determination suggests that the brace whitethorn proceed to oscillate betwixt $76 and $98 for immoderate much time.

Dogecoin terms prediction

Dogecoin (DOGE) bounced disconnected the 20-day EMA ($0.10) connected Tuesday, indicating that the bulls are viewing the dips arsenic a buying opportunity.

DOGE/USDT regular chart. Source: Cointelegraph/TradingView

The bulls tried to wide the $0.12 overhead hurdle but are facing important absorption from the bears. However, if the bulls prevail, the DOGE/USDT brace whitethorn rally to $0.14 and subsequently to $0.16.

Sellers are apt to person different plans. They volition effort to support the overhead absorption and propulsion the DOGE terms backmost beneath the 20-day EMA. If they bash that, the brace whitethorn widen its enactment wrong the $0.09 to $0.12 scope for a fewer much days.

Hyperliquid terms prediction

Hyperliquid (HYPE) continued little and broke beneath the 50-day SMA ($40.55) connected Tuesday, indicating profit-booking by short-term traders.

HYPE/USDT regular chart. Source: Cointelegraph/TradingView

If the terms breaks beneath $38.70, it suggests that the HYPE/USDT brace whitethorn person topped retired successful the adjacent term. The HYPE terms whitethorn past tumble to $34.45.

Buyers person an uphill task up of them. Any betterment effort is expected to look selling astatine the 20-day EMA ($41.56) and past successful the $43.76 to $45.77 zone. The bulls volition person to thrust and prolong the terms supra the $45.77 level to awesome the resumption of the up move. The brace whitethorn past surge to $50.

Related: Bitcoin to $100K successful Q2? Strategy’s STRC unlocks imaginable to bargain 3K BTC successful 2 days

Cardano terms prediction

Cardano’s (ADA) pullback is attempting to find enactment astatine the 20-day EMA ($0.26), but the bears proceed to exert pressure.

ADA/USDT regular chart. Source: Cointelegraph/TradingView

If the terms continues little and breaks beneath the moving averages, it suggests that the ADA/USDT brace whitethorn stay wrong the $0.22 to $0.31 scope for a fewer much days.

Buyers volition person to fiercely support the moving averages and commencement a rebound disconnected it to awesome strength. The ADA terms whitethorn past emergence to $0.29 and aboriginal to $0.31. Sellers are expected to support the $0.31 level, arsenic a adjacent supra it indicates the commencement of a caller up move. The brace whitethorn soar to $0.36 and yet to the signifier people of $0.40.

Zcash terms prediction

Zcash (ZEC) bounced disconnected the $560 level connected Tuesday, but the bulls could not prolong momentum connected Wednesday.

ZEC/USDT regular chart. Source: Cointelegraph/TradingView

If the ZEC terms closes beneath the breakout level of $560, it signals nett booking by short-term traders. The ZEC/USDT brace whitethorn past slump to the 20-day EMA ($481). A deeper correction to $400 whitethorn statesman if the 20-day EMA cracks.

Contrarily, if the terms bounces disconnected the 20-day EMA with force, it suggests that the bulls stay successful charge. Buyers volition past marque 1 much effort to thrust the terms supra the $643 level. If they succeed, the brace whitethorn surge to $750.

Bitcoin Cash terms prediction

Bitcoin Cash (BCH) fell beneath the moving averages and the $443 enactment connected Tuesday, indicating that the bears person an edge.

BCH/USDT regular chart. Source: Cointelegraph/TradingView

Sellers volition effort to propulsion the BCH terms to the coagulated enactment astatine $419. Buyers are expected to aggressively support the $419 level, arsenic a adjacent beneath it whitethorn resume the downtrend. The adjacent halt connected the downside whitethorn beryllium $375.

Instead, if the terms turns up sharply from $419 and breaks supra the moving averages, it suggests that the BCH/USDT brace whitethorn stay range-bound for immoderate much time. Buyers volition beryllium backmost successful the driver’s spot connected a adjacent supra $486.