Price analysis 12/25: Evaluation of BTC, ETH, XRP, SOL, BNB, DOGE, ADA, AVAX, LINK, TON

Bitcoin is aiming to kickstart a Santa Claus rally by pushing above $100,000, but it may face resistance from sellers. Despite gaining nearly 2% in December, Bitcoin still has work to do to catch up with last year’s 12.18% increase in December. The increase in Bitcoin demand from speculative short-term holders and Korean investors is a positive sign, with the “Kimchi Premium” reaching a local high of 5.12. However, the U.S.-based spot Bitcoin exchange-traded funds continue to see outflows of roughly $1.52 billion since December 19.

In terms of support and resistance levels, Bitcoin has shown strong defense at the 50-day simple moving average, currently at $94,608. Buyers are aiming to push the price above the 20-day exponential moving average at $98,387, which could signal the end of the correction and a possible rally towards the all-time high of $108,353. On the other hand, a sharp turn down from the 20-day EMA could indicate continued selling pressure, potentially leading to a drop to $90,000.

Ether’s relief rally is facing resistance near the 20-day EMA at $3,584, with potential support at the 50-day SMA at $3,478. A break above the 20-day EMA could pave the way for a rally towards $4,094, while a drop below the 50-day SMA could lead to further downside towards $3,000.

XRP is trading within a symmetrical triangle pattern, with the price stuck near the 20-day EMA at $2.25. A move above the 20-day EMA could signal a rise towards the triangle’s resistance line, while a drop below the EMA could indicate further downside towards the support line.

Solana is showing signs of a rebound off the uptrend line, with potential resistance at the 20-day EMA at $207. A move above the moving averages could signal a rally towards $247 and $260, while a turn down from the EMA could push the price towards $155.

BNB is defending the $635 support level, with potential resistance at $722. A break above $722 could signal an up move towards $760 and $794, but a sustained drop below the uptrend line could favor the bears.

Dogecoin is trying to recover but faces resistance from the moving averages. A break below $0.30 could lead to a drop towards $0.27, while a move above the averages could push the price towards $0.43.

Cardano is struggling to break above the head-and-shoulders pattern neckline, with support at $0.80. A move above the 20-day EMA at $0.98 could signal a rise towards $1.20, while a sharp turn down from the moving averages could lead to a drop towards $0.80 and potentially $0.50.

Avalanche is attempting to recover but may face resistance at the moving averages. A drop below $36 could lead to a slide towards $30.50, while a move above the 20-day EMA at $43.26 could pave the way for a rally towards $51 to $56.

Chainlink has shown buying interest on dips, with resistance near the 20-day EMA at $24.20. A move above the EMA could signal further upside potential, while a drop below it could lead to downside pressure.

Overall, the cryptocurrency market is showing mixed signals, with potential for both upside and downside movements. It’s important to monitor key support and resistance levels to gauge the direction of the market in the coming days.