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Key points:
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Bitcoin broke below psychological support at $100,000, opening the door for a potential sell-off at $87,800.
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Several major altcoins are approaching their support levels but have failed to rebound strongly, increasing the risk of a breakout.
Bitcoin (BTC) looks weak in the near term, as bears pull the price below the psychological level at $100,000. BTC’s persistent weakness pulled the Crypto Fear & Greed Index into the “extreme fear” category with a score of 15//100 on Thursday, its lowest level since the beginning of March.
Bitwise’s chief investment officer Matt Hougan told Cointelegraph that if BTC rallied sharply at the end of 2025 and followed it with a pullback, it would fit the four-year cycle thesis. Failure to do so establishes BTC for a good year in 2026supported by positive underlying fundamentals.
Another bullish projection came from Santiment, who said in a post on X that the crowd turning negative on BTC suggests that the point of capitulation is near. An “unexpected November rally” could occur as stronger hands pick up the cryptocurrencies sold by weaker hands. He added that “it was not a question of if, but when this will happen next.”
How much lower could BTC and major altcoins go? Let’s analyze the charts of the top 10 cryptocurrencies to find out.
Bitcoin price forecast
Sellers are trying to take control to support BTC below the $100,000 psychological support.
The 20-day downsloping exponential moving average ($104,850) and the relative strength index (RSI) near oversold territory indicate that the path of least resistance is to the downside. Any recovery attempt is likely to face selling at the $100,000 breakout level. If the price falls below $100,000, it indicates that the bears have turned the level into resistance. This suggests the resumption of the downward trend.
There is support at $92,000, but that could be broken. The BTC/USDT pair may then fall to $87,800. Buyers should push the price above $107,000 to indicate a potential trend change.
Ether price forecast
The failure of the bulls to push the Ether (ETH) above the 20-day EMA ($3,567) attracts sellers on Thursday, pulling the price below the $3,350 support.
Sellers are looking to build on their advantage by dragging the Ether price below the $3,050 support. If they can break, selling may accelerate and the ETH/USDT pair could sink towards $2,500.
Bulls need to push and hold the price above the 20-day EMA to signal strength. The pair may then climb to the 50-day simple moving average ($3,930), where the bears are expected to move.
XRP price forecast
Buyers again tried to drive XRP (XRP) above the 50-day SMA ($2.56) on Thursday, but the bears are holding their ground.
The pair XRP/USDT could challenge the support of $2.06, which is at risk of breaking. If this happens, the XRP price can drop to $1.90 and then to the crucial support at $1.61.
Any recovery attempt is expected to face selling at the 50-day SMA and then the downward trend line. A close above the downtrend line signals that the bulls are back in the driver’s seat. The pair may then rise to $3.20.
BNB price forecast
BNB (BNB) has been gradually falling towards the $860 level, which is a critical support level close to watch.
The downsloping 20-day EMA ($1,004) and the RSI near the oversold zone suggest that the BNB / USDT pair risks a break below $860. If this happens, the BNB price could fall towards $730.
Instead, if the price suddenly returns from $860 and breaks above the 20-day EMA, it indicates a possible range formation. The pair could oscillate in the wide range between $860 and $1,183 for a while.
Solana price forecast
Solana (SOL) closed below the $155 level on Wednesday and extended the decline below the $145 support on Thursday.
There is minor support at $137, but it is likely to be broken. If this happens, the SOL/USDT pair could break down to $126 and eventually to the solid support at $110, where buyers are expected to move.
The 20-day EMA ($166) remains the key resistance level above to watch. Buyers should break the 20-day EMA to signal a reversal. The Solana price could then rally to the 50-day SMA ($191).
Dogecoin price forecast
Dogecoin (DOGE) has been gradually sliding towards the lower end of the $0.14 to $0.29 range, indicating that selling pressure remains intact.
Buyers are expected to fiercely defend the $0.14 support, as a break below could start a new trend at the October 10 low of $0.10.
Buyers have an uphill task ahead of them. They should quickly push the price of Dogecoin above the 20-day EMA ($0.17) to suggest that the selling pressure is weakening. The DOGE/USDT pair can then rally to $0.21. A close above the resistance of $0.21 indicates that the pair can extend its stay in the range for a few days.
Cardano price forecast
Cardano (ADA) fell to the $0.50 level, where buyers are expected to mount a lively defense.
If the price comes back from the current level and above the 20-day EMA ($0.58), it suggests that the selling pressure will reduce. The ADA/USDT pair could then rally to the 50-day SMA ($0.67) and later to $0.74.
Conversely, if the price continues lower and breaks below $0.50, it signals the beginning of the next stage of the downtrend. The price of Cardano could collapse to $0.40 and below the October 10 intraday low of $0.27.
Related: Here’s what happened in crypto today
Hyperliquid price prediction
Buyers are trying to keep Hyperliquid (HYPE) above the $35.50 support, but the bears have continued to exert pressure.
The two moving averages are sloping down, and the RSI is in the negative area, which indicates that the bears have an edge. If the $35.50 support level cracks, the HYPE/USDT pair could drop to $30.50 and later to $28.
Bulls need to push and hold the Hyperliquid price above the 50-day SMA ($42.23) to signal strength. The pair could then rally to $52, where bears are expected to sell aggressively.
Chainlink price forecast
Chainlink (LINK) has gradually broken down near the vital support of $13.69, indicating negative sentiment.
Sellers will try to resume the downward move by pulling the price below $13.69. If they succeed, the LINK/USDT pair could fall to $12.73 and then to $10.94. Buyers are expected to defend the $10.94 level with all their might, as a break below could sink the Chainlink price to $7.90.
The RSI shows the first signs of forming a positive divergence, but the bulls have to push the price above the EMA of 20 ($16.05) to gain strength. The pair can then rally to the resistance line.
Bitcoin Cash Price Prediction
Buyers have repeatedly tried to push Bitcoin Cash (BCH) above the 50-day SMA ($529) in the past few days, but the bears did not budge.
The sellers are trying to pull the price of Bitcoin Cash to the solid support at $ 443. If the price returns from the current level or bounces from the level of $ 443, the bulls will again try to remove the obstacle to the resistance line. If they manage to do this, the BCH/USDT pair could start a new uptrend at $580 and then $615.
Alternatively, a break below the $443 level opens the door for a drop to the support line of the falling wedge pattern.
This article does not contain investment advice or recommendations. Every investment and business move involves risk, and readers should do their own research when making a decision.
