Price predictions 9/26: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, HYPE, LINK, AVAX
Bitcoin is nearing a significant support level around $107,000, suggesting a potential relief rally. Despite reclaiming the $110,000 level, long-term holders realized 3.4 million BTC in profit amid slowing institutional demand, as reflected by the $479 million outflow from US spot BTC ETFs this week. Bitcoin's decline has negatively affected major altcoins. BTC price predictions indicate a possible drop to $100,000 if the support at $107,000 fails, while a bounce could see it oscillate within the $107,000 to $124,474 range. Ethereum has fallen below $4,060, with significant selling pressure expected near key moving averages. XRP is testing the support at $2.69, with a bearish descending triangle pattern emerging. BNB shows potential weaknesses below $955. Other altcoins like Solana, Dogecoin, and Cardano face selling pressure and may retest previous support levels. Hyperliquid and Chainlink are also facing tough resistance, indicating a challenging market environment. Overall, the overall sentiment remains cautious, with significant resistance anticipated at various levels for a recovery.
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