From CoinTelegraph
June 27, 2025 3:12:00 pm:

Bitcoin is facing selling near $108,000, but the likelihood of a break above it remains high. Analysts are bullish on Bitcoin hitting a new all-time high soon. Ether and other altcoins are also expected to surge, with analysts predicting a positive trend for the crypto market. Will Bitcoin resume its uptrend? Let’s analyze the charts to find out.

Bitcoin’s relief rally faces selling near the downtrend line, but bulls are holding ground. The 20-day EMA and RSI signal an edge for the bulls. A break above the downtrend line could lead to a bullish scenario with a target of $150,492. Sellers may aim to keep the price below the moving averages to extend the stay in a descending triangle.

Ether is holding near the 20-day EMA, with potential to climb to the $2,738 to $2,879 resistance zone. A break above the 50-day SMA could push the price to $3,437. However, a sharp turn down from the 50-day SMA may signal higher levels attracting sellers, potentially leading to a fall to $2,111.

XRP buyers failed to push above the 50-day SMA, indicating a lack of demand at higher levels. Sellers may aim to pull the price below $2, potentially starting a downward move towards $1.61. Bulls need to break above $2.34 to keep the pair range-bound between $2 and $2.65.

BNB turned down from the descending channel pattern’s resistance line but bulls are holding ground. A break above the resistance line could lead to a rally to $675 and $698. Critical support to watch is $625, with a break below signaling a possible extension of time inside the channel.

Solana turned down from the 20-day EMA but bulls are defending the $140 level. A break above the 20-day EMA could lead to a rally towards $185. However, a turn down from the 20-day EMA and a break below $140 may signal bearish control, potentially leading to a drop to $110.

Dogecoin faces selling at the 20-day EMA but bulls are not giving up ground. A break above the 20-day EMA could push the price to the 50-day SMA. However, a turn down from $0.21 may keep the pair in the bottom half of the range between $0.14 and $0.26, potentially leading to a drop to $0.10.

Cardano is facing selling at the 20-day EMA, with bears in control. Sellers may aim to push the price below $0.50, with a break above the 20-day EMA signaling strength. A close below $0.50 could complete a bearish pattern, potentially leading to a decline to $0.40.

Read more at Cointelegraph: Bitcoin Set to Chase New Highs While Altcoins Struggle