Key points:
Bitcoin is finding buying support below the $107,000 level, but the relief rally is likely to be sold into.
Several altcoins have reached strong support levels, but the lack of a solid rebound suggests the downward pressure may continue for a while.
Bitcoin (BTC) remains under pressure as bears attempt to maintain the price below the strong $107,000 support level. The fall indicates a negative sentiment, with dip buyers staying away due to credit concerns in US regional banks.
However, Bitwise analysts said in their weekly crypto market compass report that the massive liquidations on Oct. 10 indicate selling exhaustion, limiting further downside. The analysts added that the fall in their in-house intraday Cryptoasset Sentiment Index to early August 2024 levels signals a “contrarian buying opportunity.”
In contrast, Glassnode took a cautious view. It said in a recent report that the markets were in a reset phase and required fresh demand to confirm recovery. The report highlighted that the Long-Term Holder supply dropped by about 0.3 million BTC since July 2025, indicating profit booking by mature investors. Glassnode anticipates the market to “enter a consolidation phase.”
What are the critical support levels to watch out for in BTC and the major altcoins? Let’s analyze the charts of the top 10 cryptocurrencies to find out.
Bitcoin price prediction
BTC continued its downward move and plummeted below the $107,000 support on Friday, but the long tail on the candlestick shows buying at lower levels.
A close below $107,000 will complete a double-top pattern. The BTC/USDT pair could then skid to the psychological support at $100,000. Buyers are expected to defend the $100,000 level with all their might because a break below it opens the doors for a collapse to the pattern target of $89,526.
This negative view will be invalidated in the near term if the Bitcoin price turns up and breaks above the moving averages. That suggests the break below the $107,000 level may have been a bear trap.
Ether price prediction
Ether (ETH) is witnessing a tough battle between the bulls and the bears at the support line of the descending channel pattern.
Any recovery attempt is expected to face selling at the 20-day exponential moving average (EMA) ($4,159). If the price turns down sharply from the 20-day EMA, it increases the possibility of a break below the support line. If that happens, the ETH/USDT pair could plunge to $3,350.
Buyers will have to push the Ether price above the moving averages to signal that the pair may remain inside the descending channel for a while longer. A new uptrend could begin after buyers thrust the price above the resistance line.
BNB price prediction
BNB (BNB) closed below the 20-day EMA ($1,144) on Thursday and extended its decline to the 50-day SMA ($1,017) on Friday.
Buyers will try to defend the 50-day simple moving average (SMA) with all their might as the failure to do so could accelerate selling. The BNB/USDT pair may then retest the Oct. 10 panic low of $860. Such a move suggests that the BNB price may have topped out in the near term.
Any rebound from the 50-day SMA is expected to face significant selling at the 20-day EMA. Buyers will have to overcome the barrier at the 20-day EMA to indicate that the corrective phase may be over.
XRP price prediction
Sellers pulled XRP (XRP) below the immediate support at $2.30, but the bulls are trying to reclaim the level.
If the price rises from the current level, the bears will strive to halt the recovery at the 20-day EMA ($2.63). If that happens, it signals a negative sentiment. That increases the likelihood of a drop below $2.30. The XRP price may then tumble to $2.
Contrarily, if buyers push the XRP/USDT pair above the 20-day EMA, the relief rally could extend to the downtrend line. This is a critical level for the bears to defend, as a break above it signals that the bulls are back in the game. The pair could then rally toward $3.38.
Solana price prediction
Solana (SOL) has been falling inside a descending channel pattern, signaling a series of lower highs and lower lows.
The bears are attempting to pull the price to the support line, where buyers are expected to enter. A bounce off the support line is likely to face selling at the 20-day EMA ($205). If the price turns down sharply from the 20-day EMA, the bears will again attempt to sink the SOL/USDT pair below the support line. If they manage to do that, the Solana price could dive to $155.
Buyers will have to push the price above the 20-day EMA to suggest that the pair may remain inside the channel for a while longer. A new uptrend could begin after buyers drive the price above the resistance line.
Dogecoin price prediction
The failure of the bulls to sustain Dogecoin (DOGE) above $0.21 renewed selling, pulling the price near the strong support level at $0.18.
The downsloping 20-day EMA ($0.22) and the RSI in the negative territory suggest that the path of least resistance is to the downside. If the price closes below $0.18, the DOGE/USDT pair could slide to $0.16 and eventually to $0.14.
Buyers will have to swiftly push the price above the 20-day EMA to signal strength. The Dogecoin price could then climb to the 50-day SMA ($0.23) and later to the stiff overhead resistance at $0.29.
Cardano price prediction
Cardano (ADA) fell below the nearby support at $0.61, indicating that the bears have maintained their selling pressure.
If the price closes below the $0.61 level, the ADA/USDT pair could extend its decline to the solid support at $0.50. Buyers are expected to fiercely defend the $0.50 support, as a break below it increases the risk of a fall toward $0.30.
To prevent the downside, the bulls will have to push the Cardano price above the 20-day EMA ($0.74). The pair could then rally to the downtrend line, which is likely to attract sellers. Buyers will have to pierce the downtrend line to signal the start of a new up move toward $1.02.
Related: How low will Bitcoin go? Regional US ‘bank stress’ pushes BTC toward $100K
Hyperliquid price prediction
Hyperliquid (HYPE) broke below the $35.50 level on Friday, but the long tail on the candlestick shows buying at lower levels.
If the price turns up from the current level, it is expected to encounter selling at the neckline and then at the 20-day EMA ($42.25). If the price turns down from the overhead resistance zone, the bears will again attempt to pull the HYPE/USDT pair below $35.50. If they can pull it off, the Hyperliquid price could descend to $30.50.
Conversely, a break and close above the 20-day EMA suggests that the selling pressure is reducing. The pair may then ascend to the 50-day SMA ($47.15) and later to $52.
Chainlink price prediction
Chainlink (LINK) fell below the support line of the descending channel pattern, indicating increased selling pressure.
The bulls are trying to arrest the decline at the $15.43 support but are likely to face selling on any minor rise. If the Chainlink price turns down and breaks below $15.43, the LINK/USDT pair could fall to $12.
The bulls will have to quickly push the Chainlink price above the 20-day EMA ($19.93) to suggest that the bearish momentum has weakened. Buyers will be back in the driver’s seat after they propel the pair above the resistance line.
Stellar price prediction
Stellar (XLM) continued lower and slipped below the $0.31 support, signaling that the bears are in command.
Sellers will try to strengthen their position by pulling the Stellar price to $0.25 and subsequently to $0.22.
Buyers have an uphill task ahead of them. They will have to push and maintain the price above the moving averages to suggest that the selling pressure is reducing. The XLM/USDT pair could then rise to the downtrend line. Sellers will try to halt the recovery at the downtrend line, but if the bulls prevail, the pair may jump 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.