Bitcoin’s recent rally is slowing after hitting a highly significant resistance zone. Three clear technical factors suggest a local top may be forming, with a short-term pullback increasingly likely. Over the weekend, Bitcoin’s price action began to stall after a…

Bitcoin hits technical ceiling: is a drop to $86k next?

The Bitcoin price faced a rejection following its surge to $97,000 last week. 
Technical expert Tony Severino has commented on this development and alluded 
to the LMACD indicator, which has revealed what is next for the flagship 
crypto. What Is Next For The Bitcoin Price After Rejection At $97,000 In an X 
post, Tony Severino stated that multiple BTC timeframe analyses using the 
LMACD indicator suggest that the Bitcoin price is in a precarious position. He 
remarked that if the daily momentum crosses bearish, it could prevent the 
weekly bullish crossover and pull the weekly LMACD below zero. This would 
cross the monthly LMACD back bearish. Related Reading: Bitcoin Raging Bull 
Indicator Turns Back On, But This Level Holds The Key With several important 
timeframes in sync, Severino warned that market participants could see a more 
aggressive down move for the Bitcoin price. On the other hand, the technical 
expert noted that the daily LMACD diverging upward could cross the weekly 
bullish and avoid another monthly crossover, which could be bullish. However, 
he suggested that a Bitcoin price decline is more likely at the moment, as the 
monthly LMACD is the most dominant of the three signals, which looks to hint 
at a downtrend. He added that this indicator also has the strength to pull the 
other timeframes with it. Severino failed to mention how low BTC could drop on 
this projected price decline. Meanwhile, crypto analyst Ali Martinez also 
warned about a potential Bitcoin price decline. In an X post, he stated that 
BTC could soon pull back as the TD Sequential indicator is flashing a sell 
signal. The analyst warned that if Bitcoin loses the $94,765 support level, it 
could drop to as low as $90,000 or even $86,000. How History Could Repeat 
Itself For BTC Crypto analyst Rekt Capital raised the possibility of the 
Bitcoin price repeating a similar move from last year. For history to repeat 
itself, he noted that BTC would need to reject from $99,000, hold above 
$93,500, break the $97,000 to $99,000 range, reject from $104,500, hold the 
$97,000 to $99,000 range as support, and then break out to new all-time highs 
(ATHs). Related Reading: Bitcoin Price Confirms Breakout To $106,000 As 
Technicals Align Commenting on the current price action, crypto analyst Titan 
of Crypto noted that the Bitcoin price is pulling back to a key support 
confluence. He added that a strong reaction from this current zone would 
confirm that the upward trend remains intact. His accompanying chart showed 
that the $95,423 price level is the area to watch. Failure to reclaim this 
level soon enough could start a downtrend for the flagship crypto. At the time 
of writing, the Bitcoin price is trading at around $94,700, down in the last 
24 hours, according to data from CoinMarketCap. Featured image from Unsplash, 
chart from Tradingview.com

LMACD Indicator Reveals Where The Bitcoin Price Is After Rejection From $97,000

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**Key points:**
 * Bitcoin is witnessing a tough battle between the bulls and the bears at the $95,000 level.
 * Solid buying by spot Bitcoin ETF investors last week signals a positive shift in investor sentiment. 
 * Select altcoins have held their support levels, increasing the likelihood of a short-term up move.
Bitcoin (BTC) slipped below the breakout level of $95,000 on May 4, indicating 
profit booking at higher levels. The bulls tried to push the price back above 
$95,000 on May 5 but are facing stiff resistance from the bears.
Glassnode senior researcher CryptoVizArt said in a post on X that Bitcoin 
maintaining above $93,000 was very surprising and also risky as the rally to 
the $93,000 to $96,000 range &#8220;pushed the profit-taking volume above the 
statistical levels.&#8221; CryptoVizArt added that there were more than $9 in 
realized profits for every dollar realized in loss.
_Crypto market data daily view. Source:__Coin360_
However, a positive sign in favor of bulls is that the US-based Bitcoin 
exchange-traded funds witnessed inflows of $1.8 billion last week, per Farside 
Investors data. The ETF issuers and the institutions acquired 18,644 Bitcoin 
last week compared to the 3,150 Bitcoin mined during the period, reported 
asset allocator HODL15Capital on May 4.
What are the crucial support and resistance levels to watch out for in Bitcoin 
and altcoins? Let&#8217;s analyze the charts of the top 10 cryptocurrencies to find 
out.
## S&amp;P 500 Index price prediction
The S&amp;P 500 Index (SPX) extended its recovery last week and rose above the 
50-day simple moving average (5,575).
_SPX daily chart. Source: Cointelegraph/TradingView_
The 20-day exponential moving average (5,501) has started to turn up, and the 
relative strength index (RSI) is in the positive territory, indicating 
advantage to buyers. The up move could reach 5,800, which is expected to 
attract strong selling by the bears. If the price turns down from 5,800, it is 
likely to find support at the 20-day EMA.
Sellers will have to yank the price below the 20-day EMA to suggest that the 
bullish momentum is weakening. The index may drop to 5,400 and subsequently to 
5,300.
## US Dollar Index price prediction
The US Dollar Index (DXY) bounced off the 99 support on April 29 and reached 
the 20-day EMA (100.38) on May 1.
_DXY daily chart. Source: Cointelegraph/TradingView_
Buyers are facing stiff resistance at the 20-day EMA, but a minor positive is 
that they have not ceded much ground to the bears. That improves the prospects 
of a break above the 20-day EMA. If that happens, the index could rise to the 
61.8% Fibonacci retracement level of 101.39 and then to the 50-day SMA 
(102.72).
This positive view will be invalidated if the price continues lower and breaks 
below the 99 level. That could sink the index to the critical support at 
97.92.
## Bitcoin price prediction
Bitcoin closed below the $95,000 support on May 4, and the bears are trying to 
extend the pullback to the 20-day EMA ($92,204).
_BTC/USDT daily chart. Source: Cointelegraph/TradingView_
Buyers will have to fiercely defend the 20-day EMA to keep the bullish 
momentum intact. If the price bounces off the 20-day EMA with strength, the 
bulls will again try to propel the BTC/USDT pair to the psychological level of 
$100,000.
Contrary to this assumption, a break and close below the 20-day EMA signals 
the bulls are rushing to the exit. That may sink the pair to the 50-day SMA 
($86,890). A deeper pullback suggests a range formation in the near term.
## Ether price prediction
Buyers have managed to sustain Ether (ETH) above the moving averages, 
signaling strength.
_ETH/USDT daily chart. Source: Cointelegraph/TradingView_
The 20-day EMA ($1,771) is sloping up gradually, and the RSI is in the 
positive territory, indicating that the path of least resistance is to the 
upside. There is minor resistance at $1,957, but it is likely to be crossed. 
The ETH/USDT pair could surge to the breakdown level of $2,111, where the 
bears are expected to sell aggressively.
A break and close below the moving averages opens the gates for a fall to 
$1,537 and later to the critical support at $1,368.
## XRP price prediction
XRP (XRP) remains stuck between the resistance line and the $2 support, 
indicating buying on dips and selling on rallies.
_XRP/USDT daily chart. Source: Cointelegraph/TradingView_
Both moving averages have flattened out, and the RSI is just below the 
midpoint, indicating a balance between supply and demand. This equilibrium 
will tilt in favor of the bulls if they drive the price above the resistance 
line. The XRP/USDT pair could soar to $3, suggesting a short-term trend 
change.
On the contrary, a break and close below $2 will put the sellers in charge. 
The pair may then retest the vital support at $1.61, where the buyers are 
expected to step in.
## BNB price prediction
BNB (BNB) slipped below the moving averages on May 4, but the bears are 
struggling to sustain the lower levels.
_BNB/USDT daily chart. Source: Cointelegraph/TradingView_
If buyers push the price above the moving averages, it suggests buying at 
lower levels. The bulls will then attempt to overcome the barrier at $620. If 
they succeed, the BNB/USDT pair could shoot up to $644.
Alternatively, if the price turns down from the moving averages, it suggests 
that the bears are trying to take control. There is support in the $576 to 
$566 zone, but if it breaks down, the pair could dive to $520.
## Solana price prediction
Solana (SOL) is finding support at the 20-day EMA ($143), indicating that the 
bulls remain buyers on dips.
_SOL/USDT daily chart. Source: Cointelegraph/TradingView_
The bulls will again attempt to thrust the price above the $153 resistance. If 
they manage to do that, the SOL/USDT pair could ascend to $180. Such a move 
brings the large $110 to $260 range into play.
If bears want to prevent the upside, they will have to swiftly pull the price 
below the 20-day EMA. If they do that, the pair could descend to the 50-day 
SMA ($133). That suggests the pair may consolidate between $110 and $153 for a 
while.
_**Related:**__**XRP price risks 45% decline to $1.20 &#8212; Here is why**_
## Dogecoin price prediction
Buyers have managed to keep Dogecoin (DOGE) above the moving averages but 
failed to start a strong rebound.
_DOGE/USDT daily chart. Source: Cointelegraph/TradingView_
The flattish moving averages and the RSI near the midpoint suggest the 
DOGE/USDT pair may extend its stay inside the $0.21 to $0.14 range for some 
time.
If the price turns up from the moving averages, the bulls will try to push the 
pair to $0.21. Sellers are expected to defend the level aggressively, but if 
the bulls prevail, the pair could skyrocket to $0.28. Contrarily, a break 
below the moving averages could sink the pair to the solid support at $0.14.
## Cardano price prediction
Cardano (ADA) is witnessing a tough battle between the bulls and the bears 
near the moving averages.
_ADA/USDT daily chart. Source: Cointelegraph/TradingView_
The flattish moving averages and the RSI just below the midpoint do not give a 
clear advantage either to the bulls or the bears. The first sign of strength 
will be a break and close above $0.75. That opens the doors for a rally to 
$0.83.
On the downside, a close below the moving averages tilts the advantage in 
favor of the bears. There is solid support at $0.58, but if the level gives 
way, the ADA/USDT pair could plunge to $0.50.
## Sui price prediction
Sui (SUI) is attempting to bounce off the 20-day EMA ($3.09), indicating 
demand at lower levels.
_SUI/USDT daily chart. Source: Cointelegraph/TradingView_
The bulls will try to push the price to $3.90, which is expected to act as a 
stiff resistance. However, the upsloping 20-day EMA and the RSI in the 
positive territory suggest that buyers have an edge. A break and close above 
$3.90 could catapult the SUI/USDT pair to $4.25 and later to $5.
Instead, if the price turns down from the current level or the overhead 
resistance and breaks below the 20-day EMA, it signals that the bulls have 
given up. That may pull the price to $2.86 and then to the 50-day SMA ($2.57).
This article does not contain investment advice or recommendations. Every 
investment and trading move involves risk, and readers should conduct their 
own research when making a decision.

Price predictions 5/5: SPX, DXY, BTC, ETH, XRP, BNB, SOL, DOGE, ADA, SUI

Ethereum has been grinding against the $1,850 level for over a week, unable to 
break free due to a lack of momentum. Multiple technical barriers converge 
here, explaining the sustained struggle. Over the past several trading 
sessions, Ethereum’s (ETH) price…