Биткойн (BTC) is facing rejection near $50,000, indicating that bears are not ready to give up without a fight. Many analysts expect Bitcoin to soar in the last quarter of the year and stock-to-flow model creator PlanB says the “worst-case scenario” for Bitcoin in October is $63,000 и $98,000 by November.

PlanB is not alone in his bullish projection. Using Bitcoin’s relative strength index (RSI) indicator during the four-year cycle, Twitter commentator TechDev suggests that the second leg of the 2021 bull run may just be getting started. The trader expects Bitcoin’s cycle top to be around $200,000.

Ежедневная динамика рынка криптовалют. Источник: Монета360

While historical projections may be pointing for a rally in the last quarter, the rise may not be linear. The United States equity market’s volatility in October is 36% higher than the average for the remaining 11 месяцы, according to CFRA chief investment strategist Sam Stovall. Due to Bitcoin’s high correlation with the S&п 500, traders may be in for a roller coaster ride in October.

Could Bitcoin follow its historical precedence and rally to the upside? And will altcoins join in on the party? Let’s study the charts of the top 10 криптовалюты, чтобы узнать.

BTC / USDT

The bulls pushed Bitcoin above the overhead resistance at $48,843.20 октябрь. 3 but the long wick on the day’s candlestick indicates that bears are defending the level aggressively. The price has been trading between the 50-day simple moving average (Старшая школа) ($46,667) и $48,843.20 за последние два дня.

Дневной график BTC / USDT. Источник: TradingView

If bulls drive and sustain the price above the overhead resistance, пара BTC / USDT может набрать обороты и подняться до $50,000 а позже $52,920.

20-дневная экспоненциальная скользящая средняя (EMA) ($45,478) has turned up and the RSI is in the positive territory, указывает путь наименьшего сопротивления вверх.

Вопреки этому предположению, if bears pull the price below the 50-day SMA, пара может упасть до 20-дневной EMA. A bounce off this support will be a positive sign and the bulls will make one more attempt to clear the overhead hurdle.

The advantage will tilt in favor of the bears if the price breaks and sustains below the 20-day EMA. The pair could then drop to the 100-day SMA ($41,935).

ETH / USDT

The bulls pushed Ether (ETH) above the downtrend line and the moving averages on Oct. 1, but the bears have not thrown in the towel yet. The sellers are attempting to stall the up-move near $3,500 and pull the price back below the 50-day SMA ($3,297).

Дневной график ETH / USDT. Источник: TradingView

Если им удастся это сделать, the ETH/USDT pair could drop to the 20-day EMA ($3,194). This is an important support for the bulls to defend because a break below it could attract further selling. The pair may then drop to the psychological level at $3,000 and later to the 100-day SMA ($2,841).

Альтернативно, if the price rebounds off the moving averages, the bulls may make one more attempt to propel the price above $3,500. If the price sustains above this resistance, пара могла подняться до $3,676.28 а затем в $4,000.

BNB / USDT

Binance Coin (BNB) has been facing strong resistance at the overhead resistance at $433 but the positive sign is that bulls have not given up much ground. This indicates that buyers are holding on to their positions as they anticipate a move higher.

Дневной график BNB / USDT. Источник: TradingView

20-дневная EMA ($395) has turned up and the RSI is in the positive territory, indicating a slight advantage to the bulls. If buyers drive and sustain the price above $433, the BNB/USDT pair could pick up momentum and rally to $518.90.

Вопреки этому предположению, если цена развернется вниз от текущего уровня, пара может упасть до 20-дневной EMA. Если цена отскочит от этого уровня, the bulls will again try to push the pair above $433. A break and close below the 20-day EMA could keep the pair range-bound for a few days.

ADA / USDT

The bulls pushed Cardano (ЕСТЬ) выше 20-дневной EMA ($2.25) for the past two consecutive days but they could not sustain the higher levels. This suggests that the sentiment remains negative and traders are defending the 20-day EMA.

Дневной график ADA / USDT. Источник: TradingView

The price turned down from the 20-day EMA on Oct. 4 and the bears will now try to sink the ADA/USDT pair to the critical support at $1.94. If this level gives way, the pair could witness aggressive selling and plummet to $1.60.

This negative view will invalidate if the price turns up from the current level or rebounds off the $1.94 support and rises above the 20-day EMA. The pair could then rally to the 50-day SMA ($2.46) where bears may again mount a stiff resistance. A break above this level could clear the path for an up-move to $2.97.

SOL / USDT

Solana’s (СОЛЬ) recovery reached the 61.8% Уровень коррекции Фибоначчи на $177.80 октябрь. 3. This level is acting as a stiff resistance and the bears are trying to pull the price to the 20-day EMA ($150).

Дневной график SOL / USDT. Источник: TradingView

If the price rebounds off the current levels or the 20-day EMA, it will suggest that bulls are buying on dips. That will increase the possibility of a break above $177.80. Если это произойдет, the SOL/USDT pair could rise to $200 and then retest the all-time high at $216.

Альтернативно, if the price turns down from the current level and breaks below the 20-day EMA, it will suggest that traders are closing their positions. The pair may then drop to the 50-day SMA ($129) а позже $116.

XRP / USDT

RIpple (XRP) поднялся выше 20-дневной EMA ($1.01) октябрь. 1 and bulls tried to push the price above the $1.07 overhead resistance on Oct. 3. тем не мение, the long wick on the day’s candlestick suggests that bears are defending the 50-day SMA ($1.10) forcefully.

Дневной график XRP / USDT. Источник: TradingView

The price is currently stuck in the tight range between the 20-day EMA and the 50-day SMA. Both moving averages are flattish and the RSI is near the midpoint, указание баланса между спросом и предложением.

This balance will tilt in favor of buyers if the price breaks and sustains above the 50-day SMA. The XRP/USDT pair could then start its journey toward the next resistance at $1.41.

Наоборот, if the price breaks and sustains below the 20-day EMA, the pair could drop to the 100-day SMA ($0.90). A break below this support could signal that bears are back in command.

DOT / USDT

В горошек (ТОЧКА) broke above the moving averages and the downtrend line on Oct. 1, which was the first indication that bears may be losing their grip. The bulls tried to push the price above the right shoulder of the head and shoulders pattern on Oct. 2, but the long wick on the day’s candlestick indicates selling at higher levels.

Дневной график DOT / USDT. Источник: TradingView

The DOT/USDT pair formed a Doji candlestick pattern on Oct. 3, указывает на нерешительность быков и медведей. This uncertainty has resolved to the downside on Oct. 4 and the bears are trying to sink the price below the moving averages.

Если им это удастся, it will suggest that sentiment remains negative and traders are selling on rallies. The pair could then challenge the neckline of the H&S pattern.

Наоборот, if the price rebounds off the moving averages, the bulls will once again try to propel the price above the right shoulder and retest the critical resistance at $38.77.

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DOGE / USDT

Dogecoin (СОБАКА) recovered to the 20-day EMA ($0.22) октябрь. 1, but the bulls have not been able to sustain the price above this resistance in the past few days. This shows that sentiment is negative and bears are selling on rallies.

Дневной график DOGE / USDT. Источник: TradingView

The long-legged Doji candlestick pattern on Oct. 4 shows that bulls are buying near the $0.21 support while bears are selling near the 100-day SMA ($0.24). If this uncertainty resolves to the downside, the DOGE/USDT pair could drop to $0.19 а затем в $0.15.

Наоборот, if bulls drive and sustain the price above the 100-day SMA, the pair could rally to the downtrend line, который снова может действовать как жесткое сопротивление. A break and close above this level will be the first indication that the correction may be ending.

LUNA/USDT

The long wick on the Oct. 3 candlestick suggests that bears attempted to defend the $45.01 level but they could not sustain the lower levels. Aggressive buying by the bulls on Oct. 4 pushed Terra protocol’s LUNA token to a new all-time high.

Дневной график LUNA / USDT. Источник: TradingView

Если быки поддержат цену выше $45.01, это подскажет начало нового восходящего тренда. The rising moving averages and the RSI in the positive zone indicate that bulls are in control. The LUNA/USDT pair could first rise to $50 and if this psychological hurdle is cleared, следующая остановка может быть $65.

Наоборот, if the price fails to sustain above $45.01, the bears will try to pull the price down to the 20-day EMA ($37.45). A strong bounce off this support will suggest that the positive sentiment is intact. The bears will have to sink and sustain the price below the 50-day SMA ($33.56) одержать верх.

UNI / USDT

Uniswap (UNI) rose above the 50-day SMA ($25.46) октябрь. 2 but the long wick on the day’s candlestick suggests that bears sold at higher levels. The altcoin formed an inside-day candlestick pattern on Oct. 3, указывает на нерешительность среди быков и медведей.

Дневной график UNI / USDT. Источник: TradingView

The uncertainty resolved to the downside and bears pulled the price to the 20-day EMA ($24.02) октябрь. 4, but a positive sign is that bulls bought the dip aggressively, as seen from the long tail on the day’s candlestick.

Если цена держится выше $25, the bulls will again try to push the UNI/USDT pair above $27.62. Выше этого уровня, the pair could retest the critical resistance at $31.41.

С другой стороны, if the price breaks below the moving averages, пара могла упасть до $22. This is an important support for the bulls to defend because if it cracks, спад может распространиться на $18.

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