Crypto Market Analysis: Potential Rally Expected by 2026

Key Highlights

• Bitcoin has underperformed compared to gold and the S&P 500 since November, yet analysts foresee a potential new peak in 2026.
• Several major altcoins indicate the start of a short-term recovery.

Bitcoin remains within a tight range of $86,400 to $90,600, reflecting balanced supply and demand dynamics.

Despite Bitcoin's lag behind other assets like gold and the S&P 500 since November, market analysts suggest there is an opportunity for cryptocurrencies to catch up.

Some experts suggest Bitcoin could gain from rising global liquidity by 2026. BitMEX co-founder Arthur Hayes anticipates a potential surge as dollar liquidity improves.

Bitcoin Market Outlook

Bitcoin is experiencing a tug-of-war near the 20-day EMA of $88,439, with the potential to break above the 50-day SMA at $89,880. A breach could propel the price to the overhead resistance of $94,589, signaling the end of the correction phase and potentially rallying to $100,000 and $107,500. However, a sharp decline from moving averages might indicate a drop below the $84,000 support, potentially reaching $80,600 and $74,508.

Ethereum Price Analysis

Ethereum bulls are striving for a relief rally by surpassing the 50-day SMA at $3,019. A close above this level might lead to a rally toward $4,000, while a downturn could see prices fall to $2,623 and then $2,373.

Binance Coin Trend

Buyers are attempting to push Binance Coin above the 50-day SMA at $876. A successful close could trigger a rally to $928, completing a bullish pattern with a potential target of $1,066. Failure to break this level might result in extended consolidation.

XRP Recovery Attempts

XRP buyers are trying to initiate a recovery by exceeding the 20-day EMA of $1.91. Success could push the price to the 50-day SMA at $2.04 and further to $2.70, while failure might lead to a decline to $1.25.

Solana's Market Position

Solana clings to the 20-day EMA at $126. A close above could result in a rise to $147, while a decline might push prices to $108 and $95.

Dogecoin's Struggle

Dogecoin buyers face challenges overcoming the $0.13 level. A drop below $0.12 might extend the downtrend to $0.10, while a rally could reach $0.19.

Cardano's Bearish Signal

Cardano turned down from the 20-day EMA at $0.37, suggesting a bearish sentiment. A decline below $0.34 could lead to $0.30 and $0.27, while a break above the EMA might push prices to $0.50.

Bitcoin Cash Support

Bitcoin Cash maintains support at the 20-day EMA of $587. A rise above $631 could lead to $720, while a drop might see prices fluctuate between $443 and $631.

Chainlink's Range

Chainlink trades between $13.15 and $11.61. A breakout might lead to $15.01, while a drop below $11.61 could signal a further decline to $7.90.

Hyperliquid Market Sentiment

Hyperliquid faces resistance at the 20-day EMA of $26.44. A break above might lead to $35.50, while a decline could revisit $20.82.

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.