Crypto Price Analysis 2/13: BTC, ETH, BNB, XRP, SOL, DOGE, BCH, HYPE, ADA, XMR
A relief rally is underway for Bitcoin and major altcoins, with bulls attempting to establish a higher low formation.
Main highlights:
- Bitcoin's recovery effort is underway, though bulls are expected to encounter strong resistance at the $74,508 breakdown zone.
- Multiple leading altcoins are showing signs of recovery, indicating buyer interest at reduced price levels.
Bitcoin (BTC) has climbed past $68,500, with purchasing activity attempting to establish a higher low in the vicinity of $65,000. Based on Glassnode's analysis, BTC finds itself trapped between the true market mean at $79,200 and the realized price situated near $55,000. The blockchain analytics firm anticipates continued sideways movement until a significant catalyst forces the price to break out of this range in either direction.
Standard Chartered has also issued a more conservative outlook for BTC. The financial institution reduced its BTC price target to $100,000 from a previous projection of $150,000 for 2026. The bank anticipates BTC will decline to $50,000 during the upcoming months, with a subsequent recovery expected throughout the year's remainder.
Multiple market analysts share the view that BTC hasn't reached its bottom yet. Cryptocurrency analyst Tony Research stated in an X post that BTC will find its bottom in the range between $40,000 and $50,000, with the timing potentially "between mid-September and late November 2026."
Is there a possibility that BTC and major altcoins could initiate a sustained recovery? Let's examine the technical charts of the top 10 cryptocurrencies to determine the answer.
Bitcoin price prediction
BTC reversed its trajectory upward from $65,118 on Thursday, demonstrating buyer appetite at reduced price levels. The purchasing side will attempt to drive the price toward the breakdown level at $74,508.
Should the Bitcoin price face a sharp rejection at the $74,508 resistance level, this would indicate that selling pressure persists at elevated levels. This scenario may confine the BTC/USDT pair within a range of $74,508 and $60,000 for several days. Looking at the downside, a decisive break beneath the $60,000 support could send the pair tumbling to $52,500.
On the other hand, if purchasing forces successfully drive the price beyond $74,508, this would suggest diminishing selling pressure. The pair could then potentially climb toward the 50-day simple moving average ($85,046).
Ether price prediction
Purchasing forces are working to elevate and sustain Ether (ETH) above the $2,000 threshold, though selling forces continue to apply pressure.
If the price reverses downward from the present level or encounters rejection at the $2,111 resistance, this would indicate that sellers are vigorously defending this zone. The Ether price could then revisit the crucial support at $1,750. Should this level fail to hold, the ETH/USDT pair might extend its decline toward the next significant support at $1,537.
Looking at the upside scenario, buyers must quickly elevate the price above the 20-day EMA ($2,297) to demonstrate a meaningful comeback. Should they succeed in this endeavor, the pair could potentially climb to the 50-day SMA ($2,800).
BNB price prediction
BNB (BNB) is experiencing a gradual descent toward the robust support level at $570, which represents a critical threshold to monitor.
Should the BNB price drop beneath the $570 support level, this would indicate the commencement of the subsequent downward leg toward the psychologically important level of $500.
Nevertheless, the RSI has entered oversold territory, suggesting that a relief rally could materialize in the near term. If the price rebounds from the present level, buying forces will work to elevate the BNB/USDT pair above the $669 threshold. If they succeed in this objective, the pair could advance toward the 20-day EMA ($710).
XRP price prediction
XRP (XRP) has been maintaining its position at the support line of the descending channel formation, elevating the possibility of a breakdown.
Should this breakdown occur, the XRP price could decline to the $1.11 threshold. This represents a vital level for purchasing forces to protect, as a breach below it could reignite the downtrend. The XRP/USDT pair might then descend to $1 and eventually to $0.75.
In contrast, if the price rebounds from the present level and surpasses the 20-day EMA ($1.55), this would suggest the pair may continue trading within the channel for an extended period. Purchasing forces must secure a close above the downtrend line to indicate a potential reversal in trend.
Solana price prediction
Solana (SOL) is working to establish support at the $77 threshold, though selling forces are likely to emerge during rallies.
The SOL/USDT pair could advance to the breakdown level at $95, where selling forces are anticipated to present formidable resistance. If the price experiences a sharp reversal from the $95 threshold, this would suggest sellers have successfully converted the level into resistance. The Solana price could then potentially drop to the $67 level.
On the flip side, if purchasing forces succeed in pushing the price above the $95 threshold, the pair could rally toward the 50-day SMA ($119). This would suggest the breakdown below the $95 level may have been a trap for bearish traders.
Dogecoin price prediction
Dogecoin (DOGE) is working to rebound from the $0.09 threshold, though selling forces persist in emerging during modest rallies.
Should the Dogecoin price reverse downward and fall below $0.09, the DOGE/USDT pair could descend to the $0.08 threshold. This represents an essential level for purchasing forces to safeguard, as a break beneath it could extend the downward movement to $0.06.
The initial indication of strength would be a break and close above the 20-day EMA ($0.10). The pair could then potentially rally to the breakdown level at $0.12, which will likely serve as substantial resistance. A successful break above the $0.12 threshold would create opportunities for a rally toward $0.16.
Bitcoin Cash price prediction
Bitcoin Cash (BCH) breached the $497 support on Thursday, though purchasing forces were unable to maintain the lower price levels.
Purchasing forces are working to elevate the price above the 20-day EMA ($536) but are anticipated to encounter considerable resistance from sellers. If the price reverses from the 20-day EMA and drops below $493, the BCH/USDT pair could fall toward the $443 threshold.
Conversely, if the price breaks and closes above the 20-day EMA, this would indicate demand exists at reduced levels. The Bitcoin Cash price could then advance to the 50-day SMA ($581), where selling forces are once again expected to establish a robust defense.
Hyperliquid price prediction
Hyperliquid (HYPE) has climbed back above the 20-day EMA ($30.18) on Thursday, demonstrating purchasing activity on price dips.
The relatively flat 20-day EMA combined with the RSI positioned slightly above the midpoint indicate an equilibrium between purchasing and selling forces. Purchasing forces must drive the Hyperliquid price beyond the $35.50 threshold to demonstrate that the corrective phase could be complete. The HYPE/USDT pair could then climb to $44.
In opposition to this scenario, if the price turns downward and breaches the 50-day SMA ($27.25), this would signal that selling forces maintain an advantage. The pair could then decline to the $20.82 support level.
Cardano price prediction
Cardano (ADA) continues to trade within the descending channel formation, demonstrating that selling forces maintain control.
Selling forces will work to consolidate their position by dragging the price beneath the support line and the $0.22 threshold. Should they accomplish this objective, the ADA/USDT pair could fall to $0.20 and subsequently to $0.15.
Alternatively, if the Cardano price rebounds from the present level and breaks beyond the 20-day EMA ($0.29), this would signal the pair may continue trading within the channel for an extended duration. Purchasing forces will gain control with a close above the channel.
Monero price prediction
Monero (XMR) is encountering resistance at the breakdown level of $360, though purchasing forces have not yielded significant territory to sellers.
This scenario enhances the probability of a successful break above $360. Should this materialize, selling forces will once again attempt to halt the upward movement at the 20-day EMA ($385). Nevertheless, purchasing forces likely have alternative strategies. They will work to penetrate the 20-day EMA, opening the pathway for a rally toward the 50-day SMA ($460).
This optimistic outlook will be invalidated in the near term if the Monero price moves lower and drops beneath $309. The XMR/USDT pair could then plummet to $276, which will likely attract purchasing interest.
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