Monday, January 26, 2026

Will Bulls Buy The Dip?

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Key factors:

  • Bitcoin is trying a restoration, however larger ranges are more likely to appeal to stable promoting by the bears.

  • A number of main altcoins are prone to breaking under their assist ranges.

Bitcoin (BTC) bounced off the $86,000 degree, however the bulls are struggling to maintain the upper ranges. That reveals promoting on rallies.

Though analysts are divided in regards to the near-term prospects of BTC, Binance co-founder Changpeng Zhao mentioned in an interview with CNBC that BTC could witness a super cycle within the subsequent 12 months.

In distinction, Bloomberg Intelligence strategist Mike McGlone mentioned in an interview with Cointelegraph that BTC has put in a long-term top. He added that he does not know the place the underside is however mentioned “it’s going to be like a low-price remedy.”

Crypto market knowledge day by day view. Supply: TradingView

Nevertheless, a number of institutional traders have a special opinion as they imagine that BTC is undervalued between $85,000 and $95,000. Coinbase mentioned in its Charting Crypto Q1 2026 report that 80% of the surveyed institutional traders plan to both hold or add to their crypto positions on one other 10% fall.

Might BTC and the main altcoins maintain on to their assist ranges? Let’s analyze the charts of the highest 10 cryptocurrencies to search out out. 

S&P 500 Index worth prediction

The S&P 500 Index (SPX) rebounded sharply off the 50-day easy shifting common (6,840) on Tuesday, indicating shopping for on dips.

SPX day by day chart. Supply: Cointelegraph/TradingView

The 20-day exponential shifting common (6,904) is flattening out, and the relative power index (RSI) is simply above the midpoint, indicating that the bullish momentum is weakening. Consumers should push the value above the 7,000 degree to begin the following leg of the uptrend towards 7,290.

Sellers are more likely to produce other plans. They’ll try to drag the value under the 50-day SMA, beginning a deeper correction towards 6,720.

US Greenback Index worth prediction

The US Greenback Index (DXY) slipped under the shifting averages on Tuesday and the 97.74 assist on Friday.

DXY day by day chart. Supply: Cointelegraph/TradingView

Sellers will try to yank the value to the stable assist at 96.21, which is a essential degree to be careful for. If the assist offers approach, the index might resume the downtrend towards the 94.62 degree.

Consumers have an uphill job forward of them. They should thrust the value above the shifting averages to maintain the index range-bound between 96.21 and 100.54 for some time longer.

Bitcoin worth prediction

BTC turned down from the 20-day EMA ($90,521) on Friday and plunged under the uptrend line on Sunday.

BTC/USDT day by day chart. Supply: Cointelegraph/TradingView

The 20-day EMA has began to show down, and the RSI is within the adverse zone, signaling benefit to bears. Any restoration try is predicted to face promoting on the shifting averages. If the value turns down from the shifting averages, the BTC/USDT pair might plunge to $84,000 after which to $80,600.

This adverse view will probably be invalidated within the close to time period if the Bitcoin worth turns up and breaks above the shifting averages. The pair might surge to the $97,924 overhead resistance.

Ether worth prediction

Ether’s (ETH) symmetrical triangle sample resolved to the draw back with a break under the assist line on Sunday.

ETH/USDT day by day chart. Supply: Cointelegraph/TradingView

Consumers will try to push the Ether worth again into the triangle, however are anticipated to face vital resistance from the bears. If the value turns down sharply from the shifting averages, the chance of a drop to $2,623 will increase.

The bulls should rapidly push the value again above the shifting averages to recommend that the break under the triangle might have been a bear entice. The ETH/USDT pair might surge to the resistance line of the triangle.

XRP worth prediction

XRP (XRP) has been progressively falling contained in the descending channel sample, signaling that the bears stay in management.

XRP/USDT day by day chart. Supply: Cointelegraph/TradingView

There may be assist at $1.81, however the reduction rally is more likely to face promoting on the 20-day EMA ($1.97). If the value turns down sharply from the 20-day EMA, the XRP/USDT pair might tumble to the stable assist at $1.61.

Quite the opposite, if the XRP worth breaks above the shifting averages, the restoration might attain the downtrend line. A detailed above the downtrend line suggests a possible development change within the close to time period.

BNB worth prediction

BNB (BNB) closed under the 50-day SMA ($883) on Sunday, indicating that the bulls are dropping their grip.

BNB/USDT day by day chart. Supply: Cointelegraph/TradingView

The rebound off the uptrend line is predicted to face promoting on the 20-day EMA ($896). If the BNB worth turns down from the 20-day EMA, it will increase the potential of a drop to the $790 assist. Consumers should defend the $790 degree with all their may, as a detailed under it may resume the downtrend.

The first signal of power will probably be a detailed above the shifting averages. The BNB/USDT pair might then ascend to the $959 overhead resistance.

Solana worth prediction

Solana (SOL) bounced off the $117 assist on Monday, indicating that the bulls are defending the extent.

SOL/USDT day by day chart. Supply: Cointelegraph/TradingView

The reduction rally is predicted to face promoting on the 20-day EMA ($131). If the value turns down sharply from the 20-day EMA, the chance of a break under the $117 degree will increase. The SOL/USDT pair might then plunge towards the stable assist at $95.

Opposite to this assumption, if the Solana worth turns up and breaks above the shifting averages, it alerts that the pair might proceed to oscillate contained in the $117 to $147 vary for some extra time.

Associated: Bitcoin Coinbase Premium stays deeply negative: Is $66K BTC price next?

Dogecoin worth prediction

Consumers are trying to keep up Dogecoin (DOGE) above the $0.12 degree, however the bears proceed to exert stress.

DOGE/USDT day by day chart. Supply: Cointelegraph/TradingView

If the $0.12 assist offers approach, the DOGE/USDT pair might begin the following leg of the downward transfer to the Oct. 10, 2025, low of $0.10.

If the value rebounds off the present degree, the bears will try to halt the restoration on the shifting averages. If that occurs, the potential of a break under the $0.12 degree will increase. Consumers should drive the Dogecoin worth above the shifting averages to retain the pair contained in the $0.12 to $0.16 vary.

Cardano worth prediction

Cardano (ADA) has turned up from the $0.33 assist, which is a essential near-term degree to be careful for.

ADA/USDT day by day chart. Supply: Cointelegraph/TradingView

Consumers should swiftly propel the Cardano worth above the downtrend line to sign power. The ADA/USDT pair might then climb to the breakdown degree of $0.50, which is predicted to pose a robust problem to the bulls.

Sellers will attempt to halt the restoration on the downtrend line. If the value turns down from the overhead resistance, the bears will once more try to tug the pair under $0.33. In the event that they succeed, the following cease is more likely to be the assist line of the descending channel sample, which is near the Oct. 10, 2025, low of $0.27.

Bitcoin Money worth prediction

Bitcoin Money (BCH) turned down sharply from the 20-day EMA ($596) on Sunday, however a minor constructive is that the bulls held the $563 degree.

BCH/USDT day by day chart. Supply: Cointelegraph/TradingView

The downsloping 20-day EMA and the RSI within the adverse territory recommend that the bears will once more try to sink the Bitcoin Money worth under the $563 assist. In the event that they handle to try this, the BCH/USDT pair will full a bearish head-and-shoulders sample. The pair might then plunge to $518.

Contrarily, if patrons drive the value above the shifting averages, the pair may rally to $631. Sellers are anticipated to fiercely defend the zone between $631 and $670.