Bitcoin Price Cools Before Fed Hike: As long as the price stays above the 20-day EMA, which right now sits close to $92,000, Bitcoin’s bullish attitude remains strong. On the 4-hour and 1-day timescales, several cryptocurrencies show flashing positive signals suggesting a possible surge should market support hold.
Bitcoin Price Prediction: Can BTC Sustain Above $95K?
After a recent decline from its weekend gains, Bitcoin (BTC) returned to the breakout mark of $95,000. Nowadays, this level is a vital support zone. If buyers can defend it, the upward momentum might not change. Bitcoin network economist Timothy Peterson claims that within 100 days, BTC might hit an all-time high of $135,000—but only if important macro conditions line up. These consist of:
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A drop in the CBOE Volatility Index (VIX) below 18 triggers a risk-on sentiment.
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Falling interest rates.
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Strong seasonal performance in June and July.
The larger crypto market is still erratic as traders wait for the Federal Reserve’s interest rate announcement next week. Although the CME FedWatch Tool now shows a low likelihood of a rate cut on May 7, a strong market response could follow the announcement.
Technically, Bitcoin needs to be $95,000 to stay out of breakdown mode. Should the price move from the $95,000–$92,000 zone, bulls might retest $100,000 and maybe drive toward $107,000. On the other hand, a closing below the 20-day EMA ($92,106) could indicate a bull trap, therefore raising the chance of a fall toward $86,682 (50-day SMA).
The 4-hour chart reveals declining momentum, with flattened moving averages and an RSI almost in the middle. Should BTC fall short of $95,000, it might drop to $92,800 and then $91,660. A break under $91,660 lets $86,000 through. Bullies have to drive the price above $97,895 if they are to take control.
Hyperliquid (HYPE) Price Prediction: Eyes on the $21.50 Breakout
Although Hyperliquid (HYPE) is encountering resistance close to $21.50, bulls are not backing down. The 20-day EMA ($18.48) keeps going upward, and the RSI is sitting close to the overbought zone, which suggests even more upward. A clear break above $21.50 might start a movement toward $25, then $27.50.
On the other hand, should the price drop below the 20-day EMA, profit booking could result, bringing the pair down to firm support at $17.35. The 4-hour chart shows that bulls are aggressively protecting the 20-EMA. Here, a strong bounce could inspire a fresh test of the $21.50 level. With $17.35 as a key floor to monitor, a break below this average could cause a fall into the 50-SMA.
Aave (AAVE) Price Prediction: Will Bulls Push to $196 and Beyond?
Turning up from the moving averages on April 30, Aave (AAVE) indicated a fresh optimistic attitude and accumulation on declines. The next main opposition comes at $196. Should AAVE retreat from $196 but remain above the 20-day EMA, it increases the probability of a breakout toward $220, maybe $240. Bears should be able to lower the price below the moving averages; however, a drop to $130 seems likely.
Although AAVE is struggling close to $180 right now, it is encouraging since it exceeds important averages. A movement above $180 could result in $196; modest resistance above $190 probably will cause a change in direction. On the other hand, a fall below the 50-SMA might cause drops toward $155 and perhaps $150.
Render (RNDR) Price Prediction: Range-Bound or Ready to Break Out?
On May 2, Render (RNDR) witnessed bulls try a breach above $4.87, but bears pushed back. Now testing support at the 20-day EMA ($4.31), the Bitcoin Price Cools Before Fed Hike. Should bulls protect this level and bounce, a breakout above $4.87 might drive the price to $6.20. RNDR would thus be exposed to the 50-day SMA around $3.80 and maybe $3.55 if a continuous decline below $4.22.
The short-term perspective sees vendors dragging RNDR down to $4.22. A bounce from here would imply range-bound motion between $4.22 and $4.87. Seeking $5.52, a big move above $4.87 would cement the upswing. Ignoring $4.22, though, raises the chance of a drop to $3.88.
Fetch.ai (FET) Price Prediction: Holding $0.67 Is Crucial
Pulling back from the resistance at $0.84, Fetch.ai (FET) is now probing support at the 20-day EMA ($0.65). Should bulls maintain this level, a comeback would retest $0.84. A breakout over it provides the route to $1.09. Conversely, should sellers be able to surpass the 20-day EMA, FET might decline to the 50-day SMA ($0.54), where buyers might return.
FET is hovering right now near a crucial level of $0.67. A bounce from here could indicate a likely trading range spanning $0.67 to $0.80. Above the averages would confirm accumulation. Should the price break below $0.67, it can drop even more to $0.60.
Conclusion
Bitcoin and certain important cryptocurrencies have critical support and resistance ranges. The next significant directional movement for the market will probably be decided in the next several days, especially considering the Fed’s rate decision on deck. On BTC, watch levels of $95K; on HYPE, $21.50; on AAVE, $196. A strong comeback from support could set off another phase of ascent.
