BNBUSD Binance Coin

Bitcoin (BTC) has risen above $85,000, signaling that the bulls are trying to form a higher low at $83,000. The short-term price action remains susceptible to news related to the US tariffs and the ongoing trade war with China.

Gold has been a clear winner during the current bout of macroeconomic uncertainty. Citing data from Bank of America (BoA), The Kobeissi Letter said that gold funds are on track to hit $80 billion in net inflows year-to-date, roughly double the amount seen in 2020. In comparison, spot Bitcoin exchange-traded funds’ net inflows have shrunk to just $165 million after weeks of continuous outflows, per CoinShares data.

However, some cryptocurrency investors are happy about gold’s rally because a popular theory suggests that Bitcoin not only copies but exceeds gold’s rally with a few months’ lag. Anonymous crypto trader Titan of Crypto said in a post on X that Bitcoin could hit $137,000 by July-August 2025.

Could Bitcoin bulls build momentum and push the price above the overhead resistance? Will the altcoins also see a short-term rally? Let’s analyze the charts of the top 10 cryptocurrencies to find out.

Bitcoin price analysis

Bitcoin failed to rise above the 200-day simple moving average ($87,660) on April 15, but a minor positive is that the buyers have sustained the price above the 20-day exponential moving average ($83,289).

The flattish 20-day EMA and the relative strength index (RSI) near the midpoint suggest the sellers are losing their grip. Buyers will have to propel the price above the 200-day SMA to seize control. If they manage to do that, the BTC/USDT pair could jump to $95,000 and eventually to the psychologically crucial level at $100,000.

Contrarily, a break and close below the 20-day EMA indicates that the bulls have given up. That could pull the pair down to $78,500 and later to $73,777.

Ether price analysis

Ether’s (ETH) relief rally stalled at the 20-day EMA ($1,697) on April 14, suggesting that bears remain active at higher levels.

Sellers will try to strengthen their position by pulling the price below $1,471. If they do that, the ETH/USDT pair could fall to $1,368. Buyers will try to guard the $1,368 level, but the pair could slump to $1,150 if the bears have their way.

The first sign of strength will be a break and close above $1,754. That opens the gates for a possible rally to $2,111. The 50-day SMA ($1,919) may act as a barrier, but it is likely to be crossed. Buyers will have to shove the price above $2,111 to signal that the downtrend may have ended.

XRP price analysis

XRP (XRP) broke below the 20-day EMA ($2.10) on April 15 and reached near the critical support at $2 on April 16. 

The flattish 20-day EMA and the RSI just below the midpoint suggest a possible range-bound action in the near term. The XRP/USDT pair may swing between $2 and the 50-day SMA ($2.23) for a while.

A break and close above the 50-day SMA could clear the path for a rally to the resistance line. This is an important level for the bears to defend because a break above it will signal a short-term trend change. On the downside, a break and close below $2 could sink the pair to $1.61.

BNB price analysis

BNB (BNB) has been trading inside a triangle, signaling buying near the support line and selling close to the downtrend line. 

The downsloping moving averages and the RSI just below the midpoint indicate a slight edge to the bears. There is support at $566 and then at $550. If the price rebounds off the support, the bulls will again try to shove the price above the downtrend line. If they can pull it off, the BNB/USDT pair could rally to $644.

Sellers are likely to have other plans. They will try to pull the price below $550 and retest the support line.

Solana price analysis

Sellers successfully defended the 50-day SMA ($130) in Solana (SOL) and are trying to pull the price below the $120 support.

The flattish 20-day EMA ($124) and the RSI near the midpoint suggest a balance between supply and demand. Buyers are expected to defend the $120 to $110 support zone. If the price rebounds off the support zone, the bulls will again attempt to drive the SOL/USDT pair above the 50-day SMA. If they succeed, the pair could reach $153.

Alternatively, if the price continues lower and breaks below $110, it indicates that bears remain in control. The pair could then tumble to the $95 support.

Dogecoin price analysis

Dogecoin (DOGE) has been gradually sliding to the vital support at $0.14, where the buyers are expected to step in.

The positive divergence on the RSI suggests that the bearish momentum could be weakening. If the price turns up from the current level or $0.14, the possibility of a break above the 50-day SMA ($0.17) increases. The DOGE/USDT pair will complete a double-bottom pattern on a break above $0.21, signaling that the downtrend may have ended.

Conversely, a break and close below $0.14 signals the resumption of the downtrend toward the next major support at $0.10.

Cardano price analysis

Cardano (ADA) turned down from the 20-day EMA ($0.64) on April 13, indicating that the bears continue to sell on rallies.

Sellers will try to strengthen their position by pulling the price below the $0.58 support. If they succeed, the ADA/USDT pair could slump to the critical level at $0.50. Buyers are expected to defend the level with all their might because the failure to do so may extend the downtrend to $0.40.

On the upside, buyers are likely to face selling in the zone between the moving averages. A break and close above the 50-day SMA ($0.70) opens the doors for a rally to $0.83.

Related: Why is XRP price down today?

UNUS SED LEO price analysis

Buyers have pushed UNUS SED LEO (LEO) above the 20-day EMA ($9.39), which is a positive sign.

There is minor resistance at the 50-day SMA ($9.58), but the level is expected to be crossed. The LEO/USD pair may then retest the critical overhead resistance of $9.90. If buyers overcome the barrier at $9.90, the pair will complete an ascending triangle pattern. That could start a move toward the target objective of $12.04.

Sellers will have to pull and maintain the price below $9.24 to gain the upper hand. That could start a decline to $8.79. 

Chainlink price analysis

Buyers are struggling to propel Chainlink (LINK) above the 20-day EMA ($12.81), but they have kept up the pressure.

There is minor support at $11.68, but if the level cracks, the LINK/USDT pair could plunge to the support line of the descending channel pattern. Buyers are expected to defend the level, but if the bears prevail, the pair could drop to $8.

If buyers want to make a comeback, they will have to kick the price above the moving averages. The pair could then climb to $16 and later to the resistance line. A break and close above the channel signals a potential trend change.

Avalanche price analysis

The failure to push Avalanche (AVAX) above the downtrend line may have attracted profit booking by the short-term bulls.

The bears are trying to sink the AVAX/USDT pair below the 20-day EMA ($18.98). If they manage to do that, the pair could descend to the $15.27 support. Buyers are expected to vigorously defend the $15.27 level because a break below it may start the next leg of the downtrend to $14 and then $12.

The first sign of strength will be a break and close above the downtrend line. That opens the doors for a rally to $23.50. If buyers overcome this barrier, the pair will complete a double-bottom pattern with a target objective of $31.73.

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.

Grafico Azioni Binance Coin (COIN:BNBUSD)
Storico
Da Apr 2025 a Mag 2025

Grafico Azioni Binance Coin (COIN:BNBUSD)
Storico
Da Mag 2024 a Mag 2025