BTC price faces pressure as markets brace for a sustained rise in long-term yields driven by economic deficits, particularly in Japan.
The gap between the United States’ longer-dated and shorter-dated bonds has widened to its highest level since 2021, signaling potential trouble for Bitcoin (BTC) in 2026.
Key takeaways:
A wider gap means long-term yields are rising, which can pressure Bitcoin.
Japan’s long-bond sell-off is driving the move and pulling US yields higher.
Rising yield gap can hurt equities (and Bitcoin)
Bitcoin’s market outlook looks increasingly bearish, if an assessment made by David Roberts, head of fixed income at Nedgroup Investments, on the global equity market is to be believed.
The gap between US two-year and 30-year bond yields (green). Source: Bloomberg
Roberts told Bloomberg that equities would suffer due to “a sustained push higher in yield.” He said the pressure is concentrated in longer-dated yields, particularly in Japan.
This week, Japan’s 30-year bond yield rose to a record 3.92%, widening its gap with the two-year bond yields by 220 bps–325 bps.
Japan’s 30-year bond yield weekly chart. Source: TradingView
It can increase by another 75 bps–100 bps, said Lauren van Biljon, senior portfolio manager at Allspring Global Investments, citing Japan’s Prime Minister Sanae Takaichi’s election vows to increase spending.
The US 30-year yield closely tracks its Japanese counterpart, indicating that it would rise alongside in the coming weeks or months.
Japan vs. US 30-year yield comparison. Source: TradingView
Higher yields typically reduce the opportunity cost of holding non-yielding assets like equities, which increases the probability of Bitcoin, a “high-beta” risk asset, dropping alongside.
Gold’s outperformance is adding another headwind for Bitcoin, according to Bloomberg Intelligence strategist Mike McGlone.
In a Friday post, McGlone argued that gold’s “historic alpha grab” is pulling capital toward the traditional inflation hedge at a time when higher long-term Treasury yields are also competing for flows.
In that setup, Bitcoin faces a tougher hurdle to reclaim key psychological levels at or above $100,000, especially if investors continue to favor lower-volatility stores of value over high-beta risk assets.
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. While we strive to provide accurate and timely information, Cointelegraph does not guarantee the accuracy, completeness, or reliability of any information in this article. This article may contain forward-looking statements that are subject to risks and uncertainties. Cointelegraph will not be liable for any loss or damage arising from your reliance on this information.
Crypto-friendly fintech unicorn Revolut plans to apply for a banking license in the United States, abandoning earlier plans to acquire a local lender as it seeks to expand its global presence, the Financial Times reported Friday.
The United Kingdom-based fintech has been in discussions with US officials about applying for a bank license through the Office for the Comptroller of the Currency (OCC), the newspaper reported Friday, citing people familiar with the matter.
The move, if confirmed, would be a milestone in strategy for Revolut, which said in September 2025 that it was exploring the purchase of a US bank to accelerate its global expansion.
Founded in the UK, Revolut unveiled its global strategy in 2025 and committed $13 billion in investment over the following five years to support international growth.
Revolut hopes for faster US approval amid Trump’s deregulatory push
“It is our ambition to be a bank in the US,” Revolut US CEO Sid Jajodia reportedly said last year, adding: “We would love to get a banking license soon, because it’s part of our objective to scale in the market.”
The exec stressed that the company was still evaluating the pathways as of September 2025, adding that anything regulators can do to simplify the process would be helpful.
“A year is a long time in a tech space, so speed is critical,” Jajodia said at the time.
According to the report, Revolut opted to pursue a US banking license rather than acquire a local lender, betting the approval process could move more quickly under a crypto-friendly regulatory stance of the Trump administration.
Additionally, acquiring a community bank could have obliged Revolut to maintain physical branch networks, the sources said.
“We continue to actively explore all options, including a de novo bank license application,” a spokesperson for Revolut told Cointelegraph.
Revolut yet to fully roll out as a bank in the UK
Revolut has said that becoming a fully fledged UK lender was its “number one” priority, yet the company is yet to fully roll out as a bank with all services available to UK customers.
It received a restricted banking license from the UK’s Prudential Regulation Authority in 2024.
Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently. Read our Editorial Policy https://cointelegraph.com/editorial-policy
Opinion by: Laura Wallendal, co-founder and CEO of Acre
Restaking is often heralded as the next big thing in decentralized finance (DeFi) yields, but behind the hype lies a precarious balancing act. Validators are stacking responsibilities and slashing risks, incentives are misaligned, and much of the $21 billion in total value locked (TVL) is held by a handful of whales and venture capitalists rather than the broader market.
Let’s break down why restaking lacks real product-market fit and how it compounds more risk than it yields. Most importantly, we need to confront the uncomfortable questions: Who profits when the system fails, and who is left holding the risk?
Top restaking sectors market cap chart. Source: CoinGecko
Restaking doesn’t really work
By definition, restaking allows already-staked assets, typically Ether (ETH), to be pledged a second time, thereby utilizing them in securing other networks or services. In this system, validators use the same collateral to validate multiple protocols, theoretically earning more rewards from a single deposit.
On paper, this sounds efficient. In practice, it’s only leverage disguised as efficiency: a financial house of mirrors where the same ETH is counted multiple times as collateral, while each protocol piles on dependencies and potential failure points.
This is a problem. Every layer of restaking compounds exposure rather than yield.
Consider a validator that restakes into three protocols. Are they earning three times the return? Or are they taking on three times the risk? While the upside usually sets the narrative, a governance failure or slashing event in any of those downstream systems can cascade upward and wipe out collateral entirely.
Additionally, the restaking design breeds a form of quiet centralization. Managing complex validator positions across multiple networks requires scale, meaning only a handful of large operators can realistically participate. Power accumulates, resulting in a small cluster of validators securing dozens of protocols and orchestrating a fragile concentration of trust in an industry purportedly built on decentralization.
There’s a good reason why major DeFi platforms and decentralized exchanges like Hyperliquid or even established lending markets aren’t relying on restaking to power their systems. Restaking has yet to prove real-world product-market fit outside speculative activity.
Immediate risks aside, restaking raises a deeper question: Does this model even make economic sense? In finance, traditional or decentralized, yield must come from productive activity. Honing in on DeFi, this might involve lending, liquidity provision or staking rewards tied to actual network usage.
Restaking’s yields, by contrast, are synthetic. They repackage the same collateral to appear more productive than it is. This is quite similar to rehypothecation in TradFi. Here, value isn’t being created; it’s just being recycled.
The extra “yield” in this framework usually comes from three familiar sources. It’s either token emissions that inflate supply to attract capital, borrowed liquidity incentives funded by venture treasuries or speculative fees paid in volatile native tokens.
Of course, that doesn’t make restaking inherently malicious. But it does make it fragile. Until there’s a clearer link between the risks validators assume and the tangible economic value their security provides, the returns will remain speculative at best.
From synthetic yields to sustainable ones
Restaking will likely continue to attract capital, but in its current form, it would be hard-pressed to achieve real, lasting product-market fit. That is, as long as incentives remain short-term, risks remain asymmetric, and the yield narrative feels increasingly removed from real economic activity.
As DeFi matures, sustainability will matter more than speed because protocols need transparent incentives and real users who understand the risks they’re taking over inflated TVL. That means a shift away from complex, multi-layered models toward yield systems grounded in verifiable onchain activity where rewards reflect measurable network utility rather than recycled incentives.
The most promising developments are emerging in areas like Bitcoin (BTC) native finance, layer-2 staking and cross-chain liquidity networks, where yields come from network utility and ecosystems focus on aligning user trust with capital efficiency.
DeFi doesn’t need more abstractions of risk. It requires systems that prioritize clarity over complexity.
Opinion by: Laura Wallendal, co-founder and CEO of Acre.
This opinion article presents the contributor’s expert view and it may not reflect the views of Cointelegraph.com. This content has undergone editorial review to ensure clarity and relevance, Cointelegraph remains committed to transparent reporting and upholding the highest standards of journalism. Readers are encouraged to conduct their own research before taking any actions related to the company.
This opinion article presents the contributor’s expert view and it may not reflect the views of Cointelegraph.com. This content has undergone editorial review to ensure clarity and relevance, Cointelegraph remains committed to transparent reporting and upholding the highest standards of journalism. Readers are encouraged to conduct their own research before taking any actions related to the company.
Bitcoin’s (BTC) drop below $90,000 has pushed onchain profitability metrics into the negative territory, signaling BTC’s entry into a bear market, new research revealed.
Data from TradingView showed that Bitcoin price action had established a new range on lower time frames, and market observers were watching the key support levels below.
Key takeaways:
Bitcoin’s net realized profit/loss reveals that the market could be entering a macro downtrend.
The buyer congestion zone between $80,000 and $84,000 remains the main BTC support for now.
Bitcoin profitability cycle turns negative
In the Thursday edition of its regular newsletter, The Weekly Crypto Report, onchain data provider CryptoQuant said that Bitcoin holders are transitioning from booking profits to realizing losses for the first time in over two years.
The report said that net realized profit/loss, which captures the aggregate gains or losses investors lock in when they move coins onchain, has dropped to 69,000 BTC over the last 30 days, signaling a significant decline in market strength.
“Bitcoin holders began realizing net losses for the first time since October 2023,” analysts at CryptoQuant said, adding:
“Realized profits peaks have been declining since March 2024, an indication that prices are losing momentum as the bull market ends.”
Bitcoin net realized profit and loss. Source: CryptoQuant
Meanwhile, annual net realized profits have dropped sharply, falling to 2.5 million BTC from 4.4 million BTC in October, levels last seen in March 2022.
This reinforces the theory that “onchain profit dynamics are now consistent with early-stage bear market conditions,” the analysts said.
While similar onchain conditions preceded past bear markets, analysts caution that realized profit metrics alone have historically produced false signals during consolidation phases.
Bitcoin: Annual net realized profit and loss chart. Source: CryptoQuant
This profitability pattern closely mirrors the 2021–2022 bull-to-bear transition when realized profits peaked in January 2021 and formed lower highs through 2021. Then they flipped into net losses ahead of the 2022 bear market, as shown in the chart above.
“Bitcoin just flashed a bear market signal,” said analyst Titan of Crypto in a recent post on X, highlighting a bearish cross from the MACD in the two-month time frame.
“Historically, similar set-ups were followed by 50% – 64% drawdowns.”
BTC/USD two-month chart. Source: Titan of Crypto
Watch these Bitcoin price levels next
The latest sell-off has seen the BTC/USD pair draw down 9% from its 2026 high of $97,930.
As a result, Bitcoin lost key support levels, including the 75th percentile cost basis currently at $92,940.
Bitcoin “now trades below the cost basis of 75% of supply, signalling rising distribution pressure,” said Glassnode in a Thursday post on X, adding:
“Risk has shifted higher, with the downside dominant unless this level is recovered.”
Bitcoin price is “now back at the rising trendline support,” Merlijn The Tradersaid in a Friday analysis on X, referring to the support between $89,000 and $90,000.
If this level is lost, “we are likely to revisit the range lows” around $$84,000, the trader added.
The Bitcoin cost basis distribution heatmap reveals that investors acquired about 941,651 BTC at this level over the last six months, suggesting it’s a key support level.
Bitcoin costs basis distribution heatmap. Source: Glassnode
The next major level of support sits at around $80,000, where over 127,000 BTC were previously acquired.
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. While we strive to provide accurate and timely information, Cointelegraph does not guarantee the accuracy, completeness, or reliability of any information in this article. This article may contain forward-looking statements that are subject to risks and uncertainties. Cointelegraph will not be liable for any loss or damage arising from your reliance on this information.
AAVE trades at $158.35 with analysts forecasting $190-195 by February 2026, though current RSI at 43.80 and bearish MACD signal near-term caution at critical support levels.
Aave (AAVE) finds itself at a critical juncture as it trades at $158.35, down 0.84% in the last 24 hours. While recent analyst predictions remain optimistic for the coming month, current technical indicators paint a mixed picture that demands careful analysis for potential investors.
Recent blockchain analyst commentary has maintained a constructively bullish outlook for AAVE despite current market weakness. Felix Pinkston noted on January 16, 2026: “AAVE shows bullish potential toward $190-195 range by February 2026, with current price at $173.76 offering entry opportunity despite neutral RSI and bearish MACD momentum.”
Building on this analysis, Peter Zhang provided a comprehensive AAVE price prediction summary on January 17, stating: “Short-term target (1 week): $182-184; Medium-term forecast (1 month): $190-195 range; Bullish breakout level: $184.75; Critical support: $164.51.”
More recently, Ted Hisokawa offered a cautious perspective on January 21: “AAVE price prediction shows mixed signals with analysts targeting $190-195 by February 2026, while current technical indicators suggest caution at $155 support levels.”
The consensus among analysts points toward the $190-195 range as a realistic target for February 2026, representing potential upside of 20-23% from current levels.
AAVE Technical Analysis Breakdown
Current technical indicators present a complex picture for the Aave forecast. The RSI sits at 43.80, placing AAVE in neutral territory but leaning toward oversold conditions. This suggests the recent selloff may be approaching exhaustion, potentially setting up a reversal opportunity.
The MACD histogram at 0.0000 indicates bearish momentum has stalled, though it hasn’t yet turned bullish. This neutral reading suggests AAVE may be consolidating before its next directional move. The Stochastic oscillator at %K 23.14 and %D 18.51 reinforces the oversold narrative, historically a positive signal for potential bounces.
Bollinger Bands analysis reveals AAVE trading near the lower band at $153.58, with a %B position of 0.1742. This positioning often indicates oversold conditions and potential mean reversion toward the middle band at $167.27. The current trading range between $160.69 and $155.11 over the past 24 hours shows decreased volatility, with the daily ATR at $8.54.
Moving averages present headwinds, with AAVE trading below all short to medium-term averages: SMA 7 ($162.15), SMA 20 ($167.27), and SMA 50 ($170.42). However, the significant gap to the SMA 200 at $240.35 suggests AAVE remains deeply oversold on longer timeframes.
Aave Price Targets: Bull vs Bear Case
Bullish Scenario
The optimistic AAVE price prediction scenario targets the $190-195 range by February 2026, aligning with analyst consensus. For this to materialize, AAVE must first reclaim the immediate resistance at $160.99, followed by a decisive break above the strong resistance at $163.63.
A successful breakout above $163.63 would likely trigger momentum toward the Bollinger Band middle at $167.27, with subsequent targets at the SMA 50 ($170.42) and eventually the analyst-projected $182-184 range. Volume expansion above 24-hour levels of $5.69 million would provide crucial confirmation of bullish momentum.
Bearish Scenario
The bearish case for the Aave forecast centers on failure to hold critical support levels. Immediate support sits at $155.41, with strong support at $152.47. A breakdown below these levels could trigger further selling toward the Bollinger Band lower bound at $153.58.
Extended weakness below $150 could invalidate the bullish analyst projections and potentially target deeper retracements toward $140-145, representing the next significant technical support zone based on historical price action.
Should You Buy AAVE? Entry Strategy
For investors considering AAVE exposure, the current technical setup suggests a layered approach. Initial positions could be established near current levels around $158, with additional accumulation planned at the $152-155 support zone if weakness continues.
Stop-loss levels should be set below $150 to limit downside risk, representing approximately 5% from current prices. This tight stop reflects the proximity to critical support levels and the need for disciplined risk management.
Target profit-taking could begin at $182-184 based on analyst projections, with final targets in the $190-195 range for February 2026. This approach provides a favorable risk-reward ratio of approximately 1:2.5 if targets are achieved.
Conclusion
The AAVE price prediction presents a compelling medium-term opportunity despite current technical weakness. Analyst consensus around $190-195 by February 2026 appears achievable given oversold conditions and neutral momentum indicators. However, near-term caution is warranted given the proximity to critical support levels.
Investors should monitor the $152-155 support zone closely, as a decisive hold above these levels could provide the foundation for the projected rally toward analyst targets. The current risk-reward profile favors patient accumulation with proper risk management protocols.
Disclaimer: Cryptocurrency investments carry significant risk. Price predictions are speculative and should not constitute sole investment decisions. Always conduct thorough research and consider your risk tolerance before investing.
Harvey AI unveils Firm Knowledge, an enterprise search platform connecting legal teams with institutional data across documents, emails, and CLM systems.
Harvey AI has rolled out Firm Knowledge, a new enterprise search feature designed to help legal teams locate and leverage institutional data scattered across document management systems, emails, and contract lifecycle management tools.
The platform addresses a persistent headache in legal operations: valuable expertise trapped in fragmented systems where finding the right precedent or past negotiation can eat hours of billable time.
What It Actually Does
Firm Knowledge lets users run natural language queries across connected company resources. Ask something like “show all indemnity provisions from relevant deals in the last 24 months and any related communications,” and Harvey surfaces structured results with summaries rather than a raw document dump.
The system maintains permission-aware architecture, meaning associates only see what they’re authorized to access. Ethical walls stay intact across matters—a critical requirement for firms handling competing clients.
Three integration paths are available: native connections to existing file storage, API access for programmatic data feeds, and upcoming Model Context Protocol support slated for later this year.
Practical Applications
Harvey positions the tool around three use cases. For due diligence, teams can pull information from multiple sources without manually reviewing each document. New associates can query matter history to get up to speed faster. And firms looking to productize their expertise can embed Harvey’s capabilities into client-facing tools for higher-volume, lower-margin work.
That last point hints at where legal AI is heading—not just internal efficiency gains, but new revenue models built on structured proprietary knowledge.
The Bigger Picture
Knowledge management has long been the unsexy cousin of legal tech. Most firms know their institutional knowledge represents a strategic asset, but actually making it discoverable has proven difficult. The knowledge-based theory of the firm treats such expertise as both valuable and scarce—which means tools that unlock it carry real competitive implications.
Harvey’s approach tackles the distinction between tacit knowledge (the stuff partners carry in their heads) and explicit knowledge (what’s actually written down). By connecting communications to artifacts to final agreements, the platform attempts to capture context that pure document search misses.
Existing Harvey customers can contact their account teams for access details. The company is also accepting demo requests from prospective clients.
AAVE price prediction shows mixed signals with analysts targeting $190-195 by February 2026, while current technical indicators suggest caution at $155 support levels.
Recent analyst sentiment remains optimistic for AAVE despite current price weakness. Felix Pinkston noted on January 16 that “AAVE shows bullish potential toward $190-195 range by February 2026, with current price at $173.76 offering entry opportunity despite neutral RSI and bearish MACD momentum.”
Peter Zhang provided a detailed AAVE price prediction on January 17, stating: “AAVE Price Prediction Summary: Short-term target (1 week): $182-184; Medium-term forecast (1 month): $190-195 range; Bullish breakout level: $184.75; Critical support: $164.51.”
Rebeca Moen’s analysis from January 15 reinforced this bullish Aave forecast: “AAVE price prediction shows bullish momentum toward $190-195 by February despite mixed signals. Technical analysis reveals key resistance at $184 with strong support holding.”
The consensus among these analysts points toward a potential 20-25% upside from current levels, though they acknowledge the challenging near-term technical environment.
AAVE Technical Analysis Breakdown
Current technical indicators present a mixed picture for AAVE. Trading at $155.21, the token sits near critical support levels with several bearish signals dominating the short-term outlook.
The RSI reading of 40.78 indicates neutral momentum, neither oversold nor overbought conditions. However, the MACD histogram at 0.0000 suggests bearish momentum has stalled, potentially setting up for a reversal if buying pressure emerges.
AAVE’s position within the Bollinger Bands is particularly telling. With a %B position of 0.024, the token trades extremely close to the lower band at $154.58, indicating potential oversold conditions. The middle band at $167.70 represents the 20-day moving average and serves as immediate resistance.
All major moving averages trade above the current price, creating a bearish technical structure. The SMA 7 at $166.03, SMA 20 at $167.70, and SMA 50 at $171.79 all act as resistance levels that AAVE must reclaim for bullish momentum.
The Stochastic oscillator shows deeply oversold readings with %K at 12.18 and %D at 9.75, suggesting a potential bounce may be due from current levels.
Aave Price Targets: Bull vs Bear Case
Bullish Scenario
The bullish case for AAVE centers on reclaiming the $164.55 strong resistance level, which coincides with analyst predictions of a breakout above this zone. Should this level break, the next targets align with the $180.81 upper Bollinger Band and the analyst consensus range of $190-195.
Technical confirmation would require a decisive break above $164.55 with volume, followed by a successful retest of this level as support. The RSI would need to push above 50 to confirm bullish momentum, while a MACD crossover above the signal line would provide additional confirmation.
In this scenario, the February target of $190-195 represents approximately 22-25% upside potential from current levels, making it an attractive risk-reward proposition for bulls.
Bearish Scenario
The bearish case focuses on the failure to hold current support levels around $147.05. A breakdown below this critical support could trigger additional selling pressure, potentially targeting the psychological $140 level or lower.
Risk factors include the bearish MACD momentum, all moving averages trading above price, and the overall cryptocurrency market volatility. Additionally, any broader market weakness could amplify AAVE’s downside risk.
A break below $147.05 would invalidate the near-term bullish thesis and could lead to a test of deeper support levels around $130-135.
Should You Buy AAVE? Entry Strategy
Based on current technical levels, a layered entry approach appears most prudent. Conservative buyers might wait for a clear break above $164.55 resistance with confirmation before entering positions.
More aggressive traders could consider accumulating in the $147.05-$155.21 range, using the strong support level as a natural stop-loss placement. This strategy offers favorable risk-reward dynamics if the analyst targets prove accurate.
For risk management, stop-losses should be placed below $147.05, representing approximately 5-6% downside from current levels. Target profits could be taken in stages, with partial profits at $175-180 and remaining positions held for the $190-195 target range.
Position sizing should remain conservative given the mixed technical signals and overall market uncertainty.
Conclusion
The AAVE price prediction presents an intriguing setup with analyst targets suggesting significant upside potential over the coming month. While current technical indicators show bearish momentum, oversold conditions and analyst optimism support the case for a potential reversal.
The $190-195 February target represents realistic upside based on technical resistance levels and historical price action. However, traders should remain cautious of the immediate bearish signals and use proper risk management.
Disclaimer: Cryptocurrency price predictions are inherently speculative and should not be considered financial advice. Always conduct your own research and consider your risk tolerance before making investment decisions.
Bitcoin is attempting to find support near the $88,000 level, signaling a positive sentiment.
Buyers will have to defend the support levels in select major altcoins, or the recovery may fizzle out.
Bitcoin (BTC) is attempting to find support near $88,000, but a handful of US and global macroeconomic factors are creating headwinds for the entire crypto market. As a result, the buyers are taking a cautious approach and possibly waiting to see how a reignited trade war between the United States and the European Union will impact markets.
The big question on traders’ minds is how low BTC price may fall. Veteran trader Peter Brandt said in a post on X that BTC may plunge to $58,000 to $62,000, but he added that he is wrong 50% of the time and would not be ashamed if the price did not go there.
Crypto market data daily view. Source: TradingView
Fundstrat head of research Tom Lee also cautioned investors to be ready for a “painful decline” across the stock and crypto markets in 2026. However, a minor positive is that Lee expects a strong finish to the year, with BTC possibly making a new all-time high.
Could buyers arrest the decline in BTC and the major altcoins? Let’s analyze the charts of the top 10 cryptocurrencies to find out.
Bitcoin price prediction
Buyers tried to start a recovery in BTC on Wednesday, but the bears held their ground, indicating selling on rallies.
The 20-day exponential moving average (EMA) ($91,786) is sloping down, and the relative strength index (RSI) is in negative territory, indicating that bears have a slight edge. If the $86,500 support gives way, the BTC/USDT pair may decline to $84,000.
The moving averages are expected to behave as a resistance during any relief rallies, but if the bulls prevail, the Bitcoin price may rally to $94,789 and then to $97,924. A close above $97,924 signals a potential trend change. The pair may then soar to $100,000 and subsequently to $107,500.
Ether price prediction
Ether (ETH) nosedived below the moving averages on Tuesday and reached the support line of the symmetrical triangle pattern.
The bulls are attempting to defend the support line, but the weak bounce suggests that the bears have kept up the pressure. If the price breaks below the support line, the ETH/USDT pair may decline to $2,623.
Time is running out for the bulls. They will have to swiftly push the Ether price above the moving averages to get back in the game. The upside momentum is likely to pick up after buyers achieve a close above the resistance line.
BNB price prediction
BNB’s (BNB) pullback dipped below the 50-day simple moving average (SMA) ($885) on Wednesday, indicating that the market has rejected the breakout above $928.
The BNB price may slide to the uptrend line, where the bulls are expected to step in. The rebound off the uptrend line may face selling at the moving averages. If the price turns down from the moving averages, the BNB/USDT pair may sink below the uptrend line. The pair may then test the $790 support.
Buyers will have to thrust the price above the $959 level to seize control. If they manage to do that, the pair may skyrocket to $1,087.
XRP price prediction
XRP (XRP) remains pinned below the moving averages, indicating that the bears continue to exert pressure.
The bears will attempt to pull the XRP price to $1.77 and then to the crucial support at $1.61. Buyers are expected to fiercely defend the zone between the $1.61 level and the support line of the descending channel pattern. If the price turns up sharply from the support zone, it suggests that the pair may remain inside the channel for a while longer.
Buyers will have to push the price above the downtrend line to gain the upper hand. The pair may then rally toward $2.70.
Solana price prediction
Solana’s (SOL) break below the 50-day SMA ($132) suggests that the price may remain inside the $117 to $147 range for a few more days.
The $117 level is the crucial support to watch out for on the downside, as a break below it may signal the resumption of the downtrend. The SOL/USDT pair may then plummet toward $95.
Contrarily, a break and close above $147 signals that the bulls have overpowered the bears. That suggests a potential trend change, propelling the Solana price toward $172 and then $189.
Dogecoin price prediction
Dogecoin (DOGE) has reached the $0.12 support, which is expected to attract solid buying by the bulls.
The relief rally is likely to face selling at the 20-day EMA ($0.13). If the price turns down sharply from the 20-day EMA, the risk of a break below the $0.12 support increases. The DOGE/USDT pair may then retest the Oct. 10 low of $0.10.
Contrary to this assumption, a break above the moving averages suggests that the Dogecoin price may remain inside the $0.12 to $0.16 range for some more time. The advantage will tilt in favor of the bulls on a close above the $0.16 resistance.
Cardano price prediction
Cardano (ADA) is attempting to take support near the $0.33 level, but the recovery is expected to face selling in the zone between the moving averages and the downtrend line.
If the Cardano price turns down sharply from the overhead resistance, the possibility of a break below the $0.33 level increases. The ADA/USDT pair may then slump to the support line of the descending channel pattern. Buyers are expected to fiercely defend the support line, which is close to the Oct. 10 low of $0.27.
This negative view will be invalidated in the near term if the price turns up and breaks above the downtrend line. The pair may then ascend to the breakdown level of $0.50.
The recovery is expected to face selling at the 20-day EMA ($602). If the price turns down sharply from the 20-day EMA, it increases the risk of a break below the $563 support. The BCH/USDT pair may then descend to $518.
Alternatively, a break above the moving averages suggests that the bulls are attempting a comeback. The Bitcoin Cash price may climb to the $631 level, which is expected to pose a strong challenge.
Monero price prediction
Monero’s (XMR) bounce off the 20-day EMA ($541) on Monday fizzled out at $650, indicating selling on rallies.
The Monero price turned down sharply on Tuesday and closed below the 20-day EMA. That suggests the XMR/USDT pair may have topped out in the near term. The pair may complete a 100% retracement and plunge to $417.
Buyers have an uphill task ahead of them. The relief rally is expected to face selling at the 20-day EMA and then at the $650 level. A close above the $650 level signals that the bulls are back in the game.
Chainlink price prediction
Chainlink (LINK) slipped below the moving averages on Monday, signaling that the range-bound action may continue for some more time.
The flattish moving averages and the RSI near the 40 level do not give a clear advantage either to the bulls or the bears. A break below the $11.61 to $10.94 support zone will tilt the advantage in favor of the bears. The LINK/USDT pair may then drop toward the Oct. 10 low of $7.90.
Buyers will have to drive the Chainlink price above the $14.98 level to signal strength. The pair may then rally toward $17.66.
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. While we strive to provide accurate and timely information, Cointelegraph does not guarantee the accuracy, completeness, or reliability of any information in this article. This article may contain forward-looking statements that are subject to risks and uncertainties. Cointelegraph will not be liable for any loss or damage arising from your reliance on this information.
