Bitcoin has been trading inside a tight range on Feb. 14, indicating indecision between the bulls and the bears. However, analysts remain upbeat on Bitcoin’s chances of hitting a new all-time high. Derive head of research Dr. Sean Dawson said in a Feb. 13 markets report that the possibility of Bitcoin hitting $125,000 by late June has increased from 41.9% to 44.4%. At the same time, the likelihood of Bitcoin dropping to $75,000 before June has reduced from 17.8% to 12.1%.

It is not only Bitcoin; analysts are beginning to turn bullish on Ether as well. Tyr Capital co-founder Ed Hindi said in a market report that Ether “has reached peak ‘bearishness’” and the weak hands have been flushed out. Hindi expects the institutional investors holding Bitcoin to add Ether to their portfolios, causing a price reversal.

However, in the near term, institutional traders seem to be cautious about Bitcoin. According to Farside Investors data, the Bitcoin spot exchange-traded funds have recorded four consecutive days of outflows since Feb. 10.

Could Bitcoin break above the overhead resistance, pulling altcoins higher? Let’s analyze the charts of the top 10 cryptocurrencies to find out.

Bitcoin price analysis

Bitcoin has been trading below the moving averages for the past few days, but the bears have failed to sink the price to $90,000.

That suggests selling dries up at lower levels. If buyers push the price above the moving averages, the BTC/USDT pair could challenge the $100,000 level. If this level is taken out, the pair could rally to $102,500 and later to $106,500.

This positive view will be invalidated in the near term if the price turns down and breaks below $94,000. The pair could then plunge to critical support at $90,000. Buyers are expected to defend the $90,000 level with all their might because a break below it will signal a double-top pattern.

Ether price analysis

Ether is trying to start a recovery, which is likely to hit a roadblock at the 20-day EMA ($2,847) and then at the downtrend line.

If the price turns down from the 20-day EMA, the bears will try to pull the ETH/USDT pair to the crucial support at $2,520. The bulls will try to defend the level, but if the bears prevail, the pair could extend the fall to $2,400 and subsequently to $2,111.

On the upside, a break and close above the downtrend line suggests the correction may be over. The pair could rally to $3,400 and, after that, to $3,525. Sellers are expected to fiercely defend the overhead zone.

XRP price analysis

XRP’s tight range trading between $2.26 and $2.54 resolved to the upside on Feb. 13, indicating an advantage to the bulls.

The buyers are trying to strengthen their position by sustaining the price above the moving averages. If they manage to do that, the XRP/USDT pair could reach the overhead resistance at $2.91.

If the price turns down sharply from $2.91, it will suggest that bears are active at higher levels. That will signal a possible range-bound action between $2.26 and $2.91 for a few more days.

Solana price analysis

Solana’s price is getting squeezed between the 20-day EMA ($207) and $187, indicating an imminent breakout.

If the price rises and breaks above the 20-day EMA, it will suggest buying at lower levels. The SOL/USDT pair could rise to $220, which is likely to act as a stiff barrier. If this level is ascended, the pair may rally to $240.

Conversely, a break below $187 will suggest that the bears have maintained their pressure. The pair could plummet to $175, which is a vital near-term support to keep an eye on. If this level cracks, the pair may slide to $160.

BNB price analysis

BNB  surged near the overhead resistance of $745 on Feb. 13, but the long wick on the candlestick shows the bears are fiercely defending the level.

The 20-day EMA ($644) has started to turn up, and the RSI is in positive territory, indicating an advantage to the bulls. If the price rises and maintains above the moving averages, the bulls will again attempt to propel the BNB/USDT pair above $745. If they succeed, the pair could surge to $794.

Alternatively, if the price turns down and breaks below the 20-day EMA, it will suggest that the pair could oscillate inside the large range between $460 and $745 for a while longer.

Dogecoin price analysis

Dogecoin’s bounce off the support line has reached the 20-day EMA ($0.28), which is an important level to watch out for.

If the price turns down from the 20-day EMA, the bears will again try to sink the DOGE/USDT pair below the support line. If they manage to do that, the pair could plummet to $0.20.

Buyers will have to push and sustain the price above the 20-day EMA to suggest that the bears are losing their grip. That could clear the path for a rally to the 50-day SMA ($0.32), keeping the pair stuck inside the channel for a few more days.

Cardano price analysis

Cardano’s bounce off the support line of the descending channel pattern has reached the 20-day EMA ($0.81).

If buyers pierce the 20-day EMA, the ADA/USDT pair could reach the 50-day SMA ($0.91). Such a move will suggest that the pair may extend its stay inside the channel for some more time.

Contrary to this assumption, if the price turns down sharply from the 20-day EMA, it will indicate aggressive selling on rallies. The pair may drop to the support line, where buyers are likely to step in.

Chainlink price analysis

Chainlink has been witnessing a tough battle between buyers and sellers near the $19.25 level.

The zone between $19.25 and the 20-day EMA ($20.34) is likely to act as a strong resistance, but it is expected to be crossed. If that happens, the LINK/USDT pair may climb to the 50-day SMA ($21.88).

If bears want to prevent the upside, they will have to drag the price below the $17.44 support. If they do that, the pair could slump to the crucial support at $15.40. Buyers are expected to vigorously defend the $15.40 level.

Avalanche price analysis

Avalanche is trying to start a recovery, but the weak bounce suggests a lack of demand at higher levels.

The downsloping 20-day EMA ($28.41) and the RSI in the negative territory indicate an advantage to sellers. The bears will try to pull the price below the $22.35 support, but the bulls are unlikely to give up easily.

On the way up, buyers will have to drive and maintain the price above the 20-day EMA to signal a comeback. The AVAX/USDT pair could rise to $30.59 and thereafter to the 50-day SMA ($34.22).

Sui price analysis

Sui is facing resistance at the 20-day EMA ($3.58), but a positive sign is that the bulls have kept up the pressure.

The 20-day EMA is flattening out, and the RSI has risen above 48, indicating weakening selling pressure. If buyers drive and maintain the price above the 20-day EMA, the SUI/USDT pair could rally toward the 50-day SMA ($4.18).

On the contrary, a sharp reversal from the current level will suggest that the bears are fiercely defending the 20-day EMA. The pair may drop to the critical support at $2.86, where the buyers are expected to mount a strong defense.