Invest In Crypto News
  • Home
  • Latest News
    • Bitcoin News
    • Altcoin News
    • Ethereum News
    • Blockchain News
    • Doge News
    • NFT News
    • Video
    • Market Analysis
    • Business
    • Finance
    • Politics
    • Mining
    • Regulation
    • Technology
  • Top 10 Cryptos
  • Market Cap List
  • IC DAO
  • Donations
  • Contact
  • Buy Crypto
  • IC DAO
No Result
View All Result
Invest In Crypto News
  • Home
  • Latest News
    • Bitcoin News
    • Altcoin News
    • Ethereum News
    • Blockchain News
    • Doge News
    • NFT News
    • Video
    • Market Analysis
    • Business
    • Finance
    • Politics
    • Mining
    • Regulation
    • Technology
  • Top 10 Cryptos
  • Market Cap List
  • IC DAO
  • Donations
  • Contact
  • Buy Crypto
  • IC DAO
No Result
View All Result
Invest In Crypto News
No Result
View All Result

Gold rally, FOMC outcome And Weak DXY May Extend Crypto Market Rally

CryptoExpert by CryptoExpert
January 29, 2026
in Altcoin News
0
Gold rally, FOMC outcome And Weak DXY May Extend Crypto Market Rally
  • Facebook
  • Twitter
  • Pinterest


You might also like

$1.88M Wiped Out As Sui Blockchain Suffers Third Outage Before Recovery

How Low Can XRP Price go After Falling Below $1.30?

BlackRock And Strategy Send 7,459 Bitcoin To Coinbase Prime – Will Demand Hold Up?

Key points:

Bitcoin is facing resistance at $90,500, but a positive sign is that the bulls have kept up the pressure.

Several major altcoins are attempting to start a recovery, but are expected to face selling at higher levels.

Sellers are attempting to maintain Bitcoin (BTC) below the $90,500 level, but the bulls continue to exert pressure. Fundstrat managing partner Tom Lee said on CNBC that cryptocurrencies should rise on a weaker dollar, but traders have responded by continuing to pile into gold and silver. Lee suggested that crypto is likely to catch up after the gold and silver rally takes a break.

okex

Market intelligence platform Santiment said in a post on X that social media witnessed more discussions about silver and gold compared to cryptocurrencies on most days of this month. The analysts added that retail traders seem to be open to jumping sectors “based on wherever the latest pumps appear.”

Crypto market data daily view. Source: TradingView

However, a positive sign in favor of the bulls is that February has seen only three monthly losses since 2013 and a median rise of 12.21%, according to Coinglass data. If history repeats, BTC may rally in February.

Could buyers push BTC and the major altcoins above their resistance levels? Let’s analyze the charts of the top 10 cryptocurrencies to find out.

Bitcoin price prediction

BTC’s relief rally has reached the moving averages, where the bears are expected to pose a strong challenge.

BTC/USDT daily chart. Source: Cointelegraph/TradingView

If the price turns down from the moving averages, the BTC/USDT pair may drop to the $84,000 support. Buyers are expected to defend the $84,000 level with all their might, as a close below it may sink the Bitcoin price to $80,600 and eventually to the formidable support at $74,508.

On the upside, a break and close above the moving averages opens the gates for a rally to the $94,789 to $97,924 resistance zone. A close above the resistance zone signals that the corrective phase may be over.

Ether price prediction

Ether (ETH) re-entered the symmetrical triangle pattern on Tuesday, but the recovery is facing resistance at the moving averages.

ETH/USDT daily chart. Source: Cointelegraph/TradingView

If the price turns down sharply from the moving averages, the bears will attempt to pull the ETH/USDT pair below the $2,787 level. If they succeed, the Ether price might plunge to $2,623.

Conversely, a close above the moving averages suggests that the market has rejected the breakdown below the support line. That improves the prospects of a break above the resistance line. The pair may then march toward $3,659.

BNB price prediction

BNB (BNB) is attempting to rise above the 20-day exponential moving average (EMA)($897), indicating demand at lower levels.

BNB/USDT daily chart. Source: Cointelegraph/TradingView

The BNB/USDT pair might reach the $928 to $959 overhead resistance zone, where the bears are expected to mount a solid defense. If buyers overcome the zone, the BNB price may start a rally to $1,020.

Sellers will have to pull the price below the uptrend line to gain the upper hand. If they manage to do that, the pair might slide to the $790 support. The bulls are expected to vigorously defend the $790 level, as a close below it may resume the downtrend.

XRP price prediction

Buyers are attempting to push XRP (XRP) above the moving averages, but the bears have held their ground.

XRP/USDT daily chart. Source: Cointelegraph/TradingView

Sellers will attempt to pull the XRP price below the $1.77 level. If they can pull it off, the XRP/USDT pair may descend to the vital support at $1.61. Buyers are expected to fiercely defend the zone between the support line of the descending channel pattern and the $1.61 level.

If buyers push the price above the moving averages, the pair may reach the downtrend line. The bulls will have to achieve a close above the downtrend line to indicate the start of a new up move.

Solana price prediction

Solana (SOL) turned up from the $117 support on Monday, but the relief rally is likely to face selling at the moving averages.

SOL/USDT daily chart. Source: Cointelegraph/TradingView

If the price turns down from the moving averages, the bears will again attempt to sink the SOL/USDT pair below $117. If they manage to do that, the SOL price may tumble to solid support at $95.

Alternatively, a break above the moving averages opens the doors for a rally to the $147 overhead resistance. Buyers will have to clear the $147 level barrier to suggest that the corrective phase may be over.

Dogecoin price prediction

Dogecoin (DOGE) has bounced off the $0.12 support, but the relief rally is expected to face selling at the moving averages. 

DOGE/USDT daily chart. Source: Cointelegraph/TradingView

If the price turns down sharply from the moving averages, it heightens the risk of a break below the $0.12 support. The DOGE/USDT pair may then collapse to the Oct. 10, 2025, low of $0.10.

Contrarily, a break and close above the moving averages points to a possible range-bound action in the near term. The Dogecoin price may swing from $0.12 to $0.16 for some time. A short-term trend change will be signaled on a close above $0.16.

Cardano price prediction

Cardano’s (ADA) bounce off the $0.33 level has reached the moving averages, where the bears are expected to step in.

ADA/USDT daily chart. Source: Cointelegraph/TradingView

If the price turns down sharply from the moving averages, the likelihood of a break below the $0.33 level increases. The ADA/USDT pair may then plummet to the support line of the descending channel pattern.

This negative view will be invalidated in the near term if the ADA price continues higher and breaks above the downtrend line. The pair may then rally to the breakdown level of $0.50, where the bears are expected to mount a strong defense.

Related: Bitcoin eyes $90K ahead of FOMC: Watch these BTC price levels next

Bitcoin Cash price prediction

Bitcoin Cash (BCH) again rebounded off the $563 support on Sunday, indicating that the bulls are aggressively defending the level.

BCH/USDT daily chart. Source: Cointelegraph/TradingView

The moving averages are flattening out, and the relative strength index (RSI) is near the midpoint, signaling a balance between supply and demand. If the price breaks above the moving averages, the advantage will tilt in favor of the bulls. The BCH/USDT pair may then ascend to $631 and later to $670.

Sellers will have to tug the BCH price below the $563 level to complete a bearish head-and-shoulders pattern. The pair may then tumble to $518 and subsequently to the pattern target of $456.

Hyperliquid price prediction

Hyperliquid (HYPE) turned up from the $20.82 support on Jan. 21 and soared above the 50-day simple moving average (SMA) ($25.50) on Tuesday, indicating solid buying at lower levels.

HYPE/USDT daily chart. Source: Cointelegraph/TradingView

The moving averages are on the verge of completing a bullish crossover, and the RSI has jumped into the overbought zone, signaling that the bulls are back in the game. There is resistance at the breakdown level of $35.50, but if the buyers overcome it, the HYPE/USDT pair may ascend to $44.

Sellers will have to defend the $35.50 level and yank the Hyperliquid price below the moving averages to weaken the bullish momentum. 

Monero price prediction

Monero’s (XMR) pullback is facing resistance at the 50-day SMA ($480), indicating that the bears are selling on minor rallies.

XMR/USDT daily chart. Source: Cointelegraph/TradingView

The downsloping 20-day EMA ($512) and the RSI near the 46-level signal that the path of least resistance is to the downside. If the price slips below $445, the XMR/USDT pair may complete a 100% retracement of the latest leg of the rally and plunge to the $417 level.

Buyers will have to drive the XMR price above the 20-day EMA to indicate strength. The pair may then climb to $546. The bullish momentum is expected to pick up on a close above the $546 resistance.

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. While we strive to provide accurate and timely information, Cointelegraph does not guarantee the accuracy, completeness, or reliability of any information in this article. This article may contain forward-looking statements that are subject to risks and uncertainties. Cointelegraph will not be liable for any loss or damage arising from your reliance on this information.



Source link

  • Facebook
  • Twitter
  • Pinterest
Tags: Bitcoin
CryptoExpert

CryptoExpert

Recommended For You

$1.88M Wiped Out As Sui Blockchain Suffers Third Outage Before Recovery

by CryptoExpert
May 31, 2026
0
Sui

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Leveraged traders betting on a price recovery got hit hardest when the Sui blockchain went...

Read more

How Low Can XRP Price go After Falling Below $1.30?

by CryptoExpert
May 30, 2026
0
Cointelegraph

XRP (XRP) price dropped to $1.26 on Thursday, its lowest in over 16 weeks. A bearish technical setup suggested that the pressure may extend into June.XRP/USD daily chart....

Read more

BlackRock And Strategy Send 7,459 Bitcoin To Coinbase Prime – Will Demand Hold Up?

by CryptoExpert
May 30, 2026
0
BlackRock And Strategy Send 7,459 Bitcoin To Coinbase Prime – Will Demand Hold Up?

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin is struggling below $75,000 as the market faces uncertainty that has made directional conviction...

Read more

Why is Stellar’s XLM up by Over 50% This Week?

by CryptoExpert
May 30, 2026
0
Cointelegraph

Stellar’s native token, XLM, has rallied more than 50% this week, outperforming the broader crypto market, which has declined by nearly 5% in the same period.Key takeaways:US financial...

Read more

DeXe price eyes $20 amid significant buy volume – can bulls sustain momentum?

by CryptoExpert
May 29, 2026
0
Altcoins update: Dogecoin and Injective signal recoveries as Ethereum eyes $4,000

DEXE rose more than 11% intraday to trade above $19.16, with a 32% weekly gain. Daily trading volume climbed about 38% to nearly $40 million, suggesting accumulation. Technical...

Read more
Next Post
AssemblyAI Introduces German STT and Enhances PII Detection

Pantera Capital Backs Doppler Token Launch Protocol

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Browse by Category

  • Altcoin News
  • Bitcoin News
  • Blockchain News
  • Business
  • Doge News
  • Ethereum News
  • Finance
  • Market Analysis
  • Mining
  • NFT News
  • Politics
  • Regulation
  • Technology
  • Trending Cryptos
  • Video

Sitemap

  • Market Cap
  • Donations
  • Trading
  • Mining
  • Contact

Legal Information

  • Privacy Policy
  • Anti-Spam Policy
  • Copyright Notice
  • DMCA Compliance
  • Social Media Disclaimer
  • Terms Of Service

Categories

  • Altcoin News
  • Bitcoin News
  • Blockchain News
  • Business
  • Doge News
  • Ethereum News
  • Finance
  • Market Analysis
  • Mining
  • NFT News
  • Politics
  • Regulation
  • Technology
  • Trending Cryptos
  • Video

© Copyright 2024 InvestInCryptoNews.com

No Result
View All Result
  • Home
  • Latest News
    • Bitcoin News
    • Altcoin News
    • Ethereum News
    • Blockchain News
    • Doge News
    • NFT News
    • Video
    • Market Analysis
    • Business
    • Finance
    • Politics
    • Mining
    • Regulation
    • Technology
  • Top 10 Cryptos
  • Market Cap List
  • IC DAO
  • Donations
  • Contact
  • Buy Crypto
  • IC DAO

© Copyright 2024 InvestInCryptoNews.com

This website is using cookies to improve the user-friendliness. You agree by using the website further.

Privacy policy
bitcoin
Bitcoin (BTC) $ 73,772.00
ethereum
Ethereum (ETH) $ 2,021.14
tether
Tether (USDT) $ 0.998546
bnb
BNB (BNB) $ 721.53
xrp
XRP (XRP) $ 1.34
usd-coin
USDC (USDC) $ 0.999625
solana
Solana (SOL) $ 82.62
tron
TRON (TRX) $ 0.347634
figure-heloc
Figure Heloc (FIGR_HELOC) $ 1.02
staked-ether
Lido Staked Ether (STETH) $ 2,265.05

Pin It on Pinterest

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?