Technical charts show mixed technicals across Bitcoin and major altcoins as the market tests recent support levels. Bitcoin is attempting to find support near the $88,000 level, and several altcoins are defending key technical lines while bears keep pressure on rallies.
Bitcoin Price Prediction
Bitcoin is attempting to find support near the $88,000 level, a sign that buyers are trying to stabilize price action after recent weakness. Market commentators remain divided: veteran trader Peter Brandt suggested a possible plunge to $58,000–$62,000 while noting he is wrong about half the time, and Fundstrat’s Tom Lee warned of potential declines but also said he expects a strong finish to the year with a possible new all-time high.
For additional context on important ranges and scenarios that traders watch, see Bitcoin key levels and related scenario analysis in other coverage. These viewpoints reflect technical tension: support is being tested, and market reactions around that support will shape near-term momentum.
Ether Price Prediction
Ether nosedived below the moving averages and reached the support line of a symmetrical triangle pattern, where bulls are attempting to hold the level. The bounce so far has been weak, which suggests sellers remain active and buyers will need a clear push above the moving averages to restore bullish momentum.
BNB Price Prediction
BNB’s pullback dipped below the 50-day simple moving average at $885, signaling that the market rejected the recent breakout attempt. The move below that moving average implies the recovery may be fragile until buyers can reassert control above key technical lines.
XRP Price Prediction
XRP remains pinned below the moving averages, indicating continued selling pressure from the bears. Buyers are defending lower zones, but until XRP clears the moving averages and the downtrend line, downward pressure is likely to persist.
Solana Price Prediction
Solana broke below its 50-day SMA at $132, which suggests the coin could remain range-bound inside the $117 to $147 area for the next few days. The $117 support is the critical downside level to watch; staying above it keeps the range intact, while a break would favor lower levels.
Dogecoin Price Prediction
Dogecoin has reached the $0.12 support, which is expected to attract buying interest from bulls at that level. Relief attempts may face resistance around short-term moving averages, so strength above those lines would be necessary for a more sustained recovery.
Cardano Price Prediction
Cardano is attempting to take support near the $0.33 level, but any recovery faces selling pressure between the moving averages and the downtrend line. Buyers must push the price beyond those overhead technical barriers to shift the near-term outlook.
Bitcoin Cash Price Prediction
Bitcoin Cash’s pullback is finding support at the $563 level, indicating demand at lower prices. The recovery is likely to meet selling around short-term moving averages, so a clear move above those lines would help confirm renewed buying interest.
Monero Price Prediction
Monero bounced off the 20-day EMA at $541 on Monday but that move fizzled at $650, showing selling on rallies. The pair later closed below the 20-day EMA, signaling that buyers face resistance and that relief rallies may be limited until momentum improves.
Chainlink Price Prediction
Chainlink slipped below the moving averages, pointing to ongoing range-bound action for the time being. With flat moving averages and a neutral RSI, the market lacks a clear bias until buyers drive price back above the key short-term levels.
Why this matters
For miners, these technical patterns and support tests are signals of market sentiment that can affect coin prices and therefore revenue when you sell mined coins. Even if charts show only short-term pressure, repeated tests of support can increase price volatility, which matters for cash flow and payout planning.
Understanding which coins are defending key levels helps prioritize which mined assets to hold, convert, or hedge, and it clarifies risk when electricity or operational costs make immediate selling more attractive.
What to do?
If you run between 1 and 1,000 mining devices in Russia, focus on practical steps that protect uptime and financials while the market tests support levels. Below are concise, actionable measures you can take now.
- Monitor prices and set simple sell thresholds: decide in advance at what price or loss you will convert mined coins to cash to cover costs, and stick to that rule to avoid ad-hoc decisions under stress.
- Prioritize operational efficiency: reduce nonessential power use, schedule heavy workloads for off-peak hours, and keep firmware and drivers updated to avoid unexpected downtime.
- Maintain hardware and backups: regular cleaning, thermal checks, and spare parts on hand lower the risk of prolonged outages that force emergency sales at unfavorable prices.
- Use reliable pools and track fees: small differences in pool reliability and commission affect net payouts; choose pools with stable payouts and transparent fees.
- Keep a short liquidity plan: maintain a buffer (in fiat or stablecoins) to cover a period of lower revenue, so you are not compelled to sell mined coins during short-term dips.
These steps do not require market timing skills and help you manage operational and financial risk while charts and support levels evolve.
