Bitcoin and top altcoins trade sideways as markets await signs of the next big move.
- Bitcoin holds steady between $112K and $115K, with a potential breakout forming.
- Ether and other major coins show strength due to active buying on price dips.
- Analysts expect sideways trading unless new events trigger big changes.
Bitcoin May Be Getting Ready to Break Out
Bitcoin (BTC) has traded between $112,000 and $115,720 over the last few days. This tight range means neither buyers nor sellers have full control. Some analysts believe this could lead to a breakout soon.
If buyers push the price above $116,804, Bitcoin could aim for $120,000 or even its all-time high of $123,218. But if the price drops below the support level at $112,619, it could fall to $105,000 or $100,000. For now, the price is stuck between important levels.
Ether Buyers Show Strength
Ether (ETH) is showing more strength than many other coins. It is holding above the $3,675 level and could climb higher if it breaks $3,745. In that case, the price might rise to $4,094. But if it drops below $3,300, bears may take over, pushing it toward $3,058.
XRP and BNB Struggle Near Moving Averages
XRP has bounced off the 50-day support level at $2.69 but faces selling pressure near $3.16. The next big move will depend on whether it can break out of this range.
BNB is also stuck between $706 and $794. If buyers push it above $794, it could go to $861. But a drop below $732 could send it lower to $706.
Altcoins Show Mixed Behavior
Solana (SOL) has dropped to $162, showing sellers are active. A break above $185 could trigger gains, but a fall below $155 may lead to deeper losses.
Dogecoin (DOGE) is trading in a tight range around $0.19. A jump above $0.21 is needed for upward momentum, while a fall below $0.19 may send it to $0.14.
Cardano (ADA) is bouncing between $0.68 and $0.76. A breakout on either side could set the next trend, with support at $0.56 and resistance near $0.86.
Lesser-Known Coins Face Downward Pressure
Hyperliquid (HYPE) failed to stay above key resistance and could fall to $32 if support at $35.50 fails.
Stellar (XLM) is stuck between $0.34 and $0.42. A move above or below could decide the pair’s next direction, with risks of a drop to $0.29.
Sui (SUI) has dropped to $3.32. Bears are in control unless buyers manage to push the price above $3.75. A fall could take it to $2.65.
Source: cointelegraph.com
