Price predictions 6/6: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, HYPE, SUI, LINK
Bitcoin experienced a significant recovery on June 6, climbing above $105,000 after dipping to $100,000, signaling strong demand. However, analysts warn of potential selling near $109,588. The Hash Ribbons indicator suggests that it may be a good time to buy the dip. Corporations like Strategy and Metaplanet have announced plans to increase their Bitcoin holdings. In terms of price predictions, Bitcoin could range between $100,000 and $109,588, while Ethereum is expected to oscillate between $2,323 and $2,738. XRP remains vulnerable at $2, with risks of dropping to $1.61 if it breaks down. BNB is currently at risk of falling below $636. Solana's support at $140 is crucial, while Dogecoin may fluctuate between $0.14 and $0.26. Cardano remains under pressure near $0.60, and Hyperliquid's triangle pattern indicates potential volatility. Sui has bounced back from $2.86 and may target $3.75 if it can sustain momentum. Chainlink's price behavior suggests a potential recovery if it breaches the $14.57 resistance level, otherwise risking a drop to $10.
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