Price Predictions 10/24: BTC, ETH, BNB, XRP, SOL, DOGE, ADA, HYPE, LINK, XLM

Why It Matters

Major altcoins are similarly capped by near‑term resistances—notably 20‑day EMAs and key moving averages—leaving recovery prospects contingent on breaking those levels, with institutional demand cited as the primary factor likely to resume the bull market.

Summary

Bitcoin’s short‑lived relief rally is meeting selling near $112,000, with $107,000 the key support that, if lost, could trigger a deeper correction toward $100,000 and potentially $87,801. Analysts (including Bitfinex and Galaxy Digital’s CEO) characterize October’s ~18% peak‑to‑trough drawdown as cycle‑high consolidation rather than a trend reversal, and expect BTC to trade in a roughly $100k–$125k range absent a decisive breakout. Major altcoins are similarly capped by near‑term resistances—notably 20‑day EMAs and key moving averages—leaving recovery prospects contingent on breaking those levels, with institutional demand cited as the primary factor likely to resume the bull market.