Bitcoin is making a comeback, facing resistance at $74,508. Several major altcoins are recovering, signaling buyer interest in lower levels. BTC is currently between $79,200 and $55,000, with onchain data provider Glassnode expecting range-bound action. Standard Chartered lowered BTC’s target to $100,000 from $150,000 by 2026, expecting a drop to $50,000 before a recovery.

Analysts suggest BTC has not bottomed out yet, predicting it will bottom between $40,000 and $50,000. The top 10 cryptocurrencies are analyzed for a potential recovery. Bitcoin is showing signs of demand at $65,118, aiming for $74,508. If the price drops from $74,508, it may stay between $74,508 and $60,000. A break below $60,000 could lead to a drop to $52,500.

Ether is struggling to maintain above $2,000, facing resistance at $2,111. A turn down suggests bears defending the level, potentially dropping to $1,750. Buyers must push above the 20-day EMA ($2,297) for a comeback to the 50-day SMA ($2,800). BNB is sliding towards $570 support, with lower levels expecting a rally to $669 if buyers push above. XRP clings to support, risking a breakdown to $1.11. Solana finds support at $77, aiming for $95. Dogecoin bounces off $0.09, facing resistance at $0.12. Bitcoin Cash broke below $497 but bulls aim for $536. Hyperliquid rises above 20-day EMA ($30.18), eyeing $35.50. Cardano remains in a descending pattern, with bears in control. Monero faces resistance at $360, with a potential rally towards $460 if bulls break above.

Read more at Cointelegraph: Bitcoin, Altcoin Relief Rally Aim To Restore Pre-crash Range Highs