Bitcoin rallied above $113,000 but faced selling pressure, dropping below $110,000. Glassnode’s report highlights $116,000 as a crucial level. Alphractal’s CEO predicts a move to $140,000 before a potential bear market in 2026. Support levels for BTC and major altcoins are critical to monitor for potential price movements.
BTC price prediction: Sellers aim to push below $109,000, targeting $107,250. Buyers need to break $112,093 for a rally towards $120,000 and $124,474. ETH hovers between $4,500 and $4,250, with key levels at $4,094 and $3,745. XRP forms a descending triangle, eyeing $2.20 if support breaks at $2.73.
BNB struggles at $848, with $840 as crucial support. A break above $881 may lead to a rally towards $1,000. SOL finds support at $198, targeting $240 and $260 if resistance at $218 is broken. DOGE consolidates near $0.21, with $0.19 as a key support level. ADA faces resistance at $0.84, eyeing $0.68 if $0.80 breaks.
Chainlink faces resistance at $23.24, with $21.19 as strong support. HYPE bounces off $44.78, aiming for $51.19 with support at $46.50. SUI struggles at $3.43, seeking a rally towards $3.64 if $3.26 is breached. Key levels and patterns indicate potential price movements in the crypto market.
Read more at Cointelegraph: Bitcoin Bounce Fails To Hold, Will Altcoins Collapse Next?
