Price predictions 10/10: BTC, ETH, BNB, XRP, SOL, DOGE, ADA, HYPE, LINK, SUI
Bitcoin has dropped below $116,000, with analysts expecting a rebound at lower levels. A significant selling pressure has emerged, particularly affecting altcoins like Ether and BNB, which are facing critical support levels. Bitcoin could attempt to reach new highs if it rebounds strongly from its current 20-day moving average at $118,807. Ether is currently supported at $4,060, while BNB is at $1,217, needing to break above $1,350 to continue its upward trend. XRP plummeted near its support line of $2.69 and risks further decline if that level is breached. Solana's price oscillates close to significant support, and Dogecoin's demand appears weak, with support at $0.24. Cardano is attempting to rally but facing bearish resistance, while Hyperliquid is demonstrating negative sentiment below $43. Chainlink's performance is uncertain, caught in a struggle to rise above its resistance, and Sui is consolidating in a bullish falling wedge pattern, needing a breakout for an upward movement. Each cryptocurrency has distinct support and resistance levels crucial for their near-term outlook.
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