Price predictions for major cryptocurrencies: BTC, ETH, XRP, BNB, SOL, DOGE, HYPE, ADA, BCH, XMR
29 Apr 2026 · 19:39 UTC · Cointelegraph RSS Feed · Original source
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Summary
Technical analysis article from Cointelegraph by Rakesh Upadhyay. Bitcoin's sell-off has accelerated leading into the Federal Reserve's monetary policy meeting (FOMC). Despite recent bearish price action, technical chart analysis identifies positive signals for Bitcoin and altcoins. The article provides price level predictions and technical analysis for major cryptocurrencies including Bitcoin, Ethereum, Ripple, Binance Coin, Solana, Dogecoin, Hype token, Cardano, Bitcoin Cash, and Monero, evaluating both downside pressure from macro uncertainty and upside potential from technical chart patterns.
Why it matters
The article identifies two countervailing forces: accelerated selling pressure (bearish momentum) and positive technical chart signals (potential reversal). The FOMC meeting is a macro event that drives risk sentiment and institutional flows, typically creating elevated volatility. Bitcoin's recent sell-off may represent capitulation, historically a precursor to technical bounces, though confirmation depends on Fed guidance. The positive chart signals mentioned suggest traders have identified support levels or bullish divergences. Altcoins' higher sensitivity to sentiment and Bitcoin volatility means they may experience larger percentage moves in either direction. Key uncertainties include: (1) FOMC rate decision specifics, (2) whether technical support holds, (3) broader macroeconomic risk-on sentiment post-announcement. The credibility is moderate because price predictions are inherently speculative; Cointelegraph's technical expertise mitigates this somewhat. Near-term predictions carry lower confidence due to event-driven uncertainty and minimal detail in the source material. Longer-term predictions assume technical recovery if macro conditions stabilize.
Expected impact
Bitcoin experienced intensified selling pressure ahead of the Federal Reserve's monetary policy decision, creating near-term headwinds for both BTC and altcoins. However, technical analysis identifies constructive chart patterns that may support recovery in subsequent trading sessions. The FOMC announcement represents a key macro catalyst with high volatility implications across all timeframes. Short-term impacts (minute to daily) reflect uncertainty and potential further downside as traders await policy guidance. Weekly and monthly outlooks show modest bullish bias based on historical technical bounce patterns following major selloffs, contingent on the Fed's dovish or hawkish stance. Altcoins typically amplify Bitcoin's moves while adding project-specific volatility. The mixed technical signals—bearish momentum alongside bullish chart setups—suggest elevated market volatility and conflicting sentiment. Sector-wide impact affects major cryptocurrencies through Bitcoin's directional influence and broader risk appetite dynamics.