Bitcoin is stuck at 90,000! Analyst: But these 4 coins have bullish signals, could there be a big pump this week?

Bitcoin is stuck at 90,000! Analyst: But these 4 coins have bullish signals.

BTC ($BTC) continued to rise after Trump's election, with a cumulative increase of over 12.5% last week. Senior analyst Rakesh Upadhyay of "Cointelegraph" pointed out that the current price is oscillating near historical highs, increasing the possibility of breaking through upwards.

CryptoQuant analyst Darkfost also stated that even if BTC returns to around $90,000, Whales have not stopped buying and most people choose to hold, which is a sign of market confidence.

The rise of BTC has improved the sentiment of the entire cryptocurrency market, leading to the rise of multiple altcoins. Upadhyay pointed out that as long as BTC maintains its short-term important support level above $85,000, the following 4 coins with bullish signals and strong technical structures are expected to continue to rise, providing short-term support and resistance level analysis for reference only, not for investment purposes.

Solana ($SOL) Price Trend Analysis

Upadhyay pointed out that successful long positions held the retest of Solana ($SOL) at the $210 breakthrough level, indicating positive market sentiment.

On November 17th, the bulls pushed the price above the $225 resistance level, indicating the beginning of a new rally, and there is a small resistance near $242, which is likely to be broken.

If broken, $SOL could rise to $260, where shorts are expected to defend strongly. If the point is broken, it may soar to $304.

However, if $SOL turns and falls below the 20-day Moving Average (MA) EMA ($198), the short-term bullish view will be invalidated, which means the market has rejected the upward breakthrough trend.

Image source: Cointelegraph Solana ($SOL) price trend analysis

Avalanche ($AVAX) price trend analysis

Upadhyay pointed out that Avalanche ($AVAX) rebounded from the 20-day EMA ($30.60) on November 15 and reached the resistance level of the rising channel pattern on November 17.

From the daily candlestick chart, the upward trend of the 20-day EMA and the Relative Strength Index (RSI) approaching the Overbought zone both increase the likelihood of a breakthrough to the upside. If it breaks through the resistance level, $AVAX may rise to $41.80 and then reach $50.

However, if $AVAX fails to maintain above the channel, it means that shorts will continue to sell at highs, and may fall to the 20-day EMA next, staying within the channel for a longer period of time.

Image source: Cointelegraph Analysis of Avalanche ($AVAX) price trend

Analysis of Sui ($SUI) Price Trends

Upadhyay pointed out that since breaking $2.37 on November 9th, SUI has seen a sharp rise, indicating that long positions are taking control of the situation.

Although shorts have attempted to stop the rise several times, the bulls will quickly buy in during the pullback. Upadhyay predicts that $SUI may rise to $4, and shorts will once again attempt to stop the upward trend.

However, if long positions dominate, the price may surge to $4.25 and then $4.70.

If $SUI pullback, the 20-day EMA ($2.86) is a key support in the short term. If it falls below this level, it means long positions are losing control and may decline to $2.37.

Image source: Cointelegraph. Analysis of Sui ($SUI) price trends.

NEAR Protocol ($NEAR) price trend analysis

Upadhyay pointed out that NEAR Protocol ($NEAR) gained momentum after breaking through the 50-day moving average ($4.71) on November 11, indicating a change in the short-term trend.

$NEAR has previously reached the resistance level of $6.50, which is a key point in the recent period. From the daily chart, the 20-day EMA ($4.96) is rising, and the RSI is in the Overbought zone, indicating a strong bullish sentiment in the market.

If it can break through $6.50 in the future, it may challenge $7.70 and eventually reach a high of $8.58.

However, if $NEAR falls significantly from the current level and breaks below the 20-day EMA, it may continue to oscillate within a wide range between $6.50 and $3.42 in the short term.

Image Source: CointelegraphNEAR Protocol ($NEAR) Price Trend Analysis

[Disclaimer] The market is risky, and investment needs to be cautious. This article does not constitute investment advice. Users should consider whether any opinions, perspectives, or conclusions in this article are suitable for their specific situation. Invest at your own risk.

"Bitcoin stuck at 90,000! Analyst: But these 4 coins have bullish signals, could there be a big pump this week?" This article was first published in "encryption city".