Price Predictions for December 17: BTC, ETH, BNB, XRP, SOL, DOGE, ADA, BCH, HYPE, LINK

Price predictions 12/17: BTC, ETH, BNB, XRP, SOL, DOGE, ADA, BCH, HYPE, LINK

Summary: The cryptocurrency market is seeing fluctuations as Bitcoin struggles to maintain values above $90,000, reflecting weak demand. Meanwhile, various altcoins exhibit attempts to recover; however, they are facing significant selling pressure at higher prices. This article analyzes the latest price predictions for major cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), Binance Coin (BNB), Ripple (XRP), Solana (SOL), Dogecoin (DOGE), Cardano (ADA), Bitcoin Cash (BCH), Hyperliquid (HYPE), and Chainlink (LINK).

Key Takeaways:

Bitcoin is struggling to stay above $90,000, indicating weak demand at this level.
Major altcoins show signs of recovery but face strong selling pressure.
Analysts highlight important support and resistance levels that could influence future price movements.

Bitcoin's recent attempt to surpass $90,000 was met with selling resistance, signaling weak demand. According to Farside Investors, Bitcoin exchange-traded funds have seen outflows totaling $634.8 million this week, reflecting a cautious stance among institutional investors. CryptoQuant's analyst MorenoDV_ mentions that the True Market Mean (TMM), currently at $81,500, serves as a crucial psychological threshold. If breached, Bitcoin (BTC) could see significant downward movement as it looks for lower support in the coming months.

Crypto market data daily view. Source: TradingView

Despite recent bearish sentiments, Grayscale's analysts maintain an optimistic outlook for 2026, predicting that BTC might achieve a new all-time high in the first half of the coming year, aided by favorable macroeconomic conditions and improved regulatory clarity in the United States.

Let’s examine the price predictions for BTC and the leading altcoins.

Bitcoin (BTC) Price Prediction

On Wednesday, buyers managed to push Bitcoin above its uptrend line, yet a long wick formed on the candlestick indicates selling pressure at higher levels. BTC/USDT daily chart. Source: Cointelegraph/TradingView

Bears are now attempting to pull Bitcoin's price below the $84,000 support level. If successful, Bitcoin could retest the critical support level at $80,600. Buyers are expected to vigorously defend the range between $80,600 and $73,777. A sign of strength from buyers would be a close above the 20-day Exponential Moving Average (EMA) at $90,037, paving the way for potential rises to $94,589 and eventually to the psychological target of $100,000.

Ethereum (ETH) Price Prediction

Ethereum rebounded from its uptrend line on Tuesday, but the recovery faltered at the 20-day EMA ($3,066). ETH/USDT daily chart. Source: Cointelegraph/TradingView

Bears aim to pull the ETH price below the uptrend line; if this happens, the price may drop to $2,716 and subsequently to $2,623. Buyers need to push Ethereum above the $3,350 resistance to signal a potential trend reversal, enabling a potential rally to $3,659 and then $3,918.

Binance Coin (BNB) Price Prediction

Buyers attempted to uplift BNB above the 20-day EMA ($883), but bears blocked the advance. BNB/USDT daily chart. Source: Cointelegraph/TradingView

Sellers will attempt to drag BNB below $840 to test critical support at $791. Buyers are expected to staunchly defend this level; a drop below could lead to further declines down to $730. Conversely, if the price breaks above the moving averages, it could stabilize between $791 and $1,020 for a while, with renewed buying interest if it closes above $1,020.

XRP Price Prediction

XRP has been trending down toward the support line of its descending channel, indicating negative market sentiment. XRP/USDT daily chart. Source: Cointelegraph/TradingView

Bulls are expected to defend the space between the support line and $1.61 vigorously. Any recovery could face resistance at the 20-day EMA ($2.03) and the 50-day SMA ($2.18). If XRP falls from these moving averages, it may drop to the October 10 low of $1.25; however, breaking above the downtrend line could indicate a potential trend change.

Solana (SOL) Price Prediction

In Solana, buyers are defending the support line, but a weak bounce suggests ongoing bearish pressure. SOL/USDT daily chart. Source: Cointelegraph/TradingView

The downsloping 20-day EMA ($133) combined with an RSI below 39 indicates bears are in control. A close below the support line could lead to further declines to $110 and then to strong support at $95. Bulls will need to push Solana above the resistance line to regain dominance, potentially rallying to $172.

Dogecoin (DOGE) Price Prediction

Dogecoin fell below the $0.13 support on Monday, indicating a downtrend is resuming. DOGE/USDT daily chart. Source: Cointelegraph/TradingView

A slight edge for buyers is that the RSI is forming a positive divergence, revealing reduced selling pressure. To demonstrate strength, buyers should swiftly propel Dogecoin above the 50-day SMA ($0.15), after which the price may rise to $0.19. However, continued declines or a rejection at $0.14 may indicate bears are still in control, possibly driving the price down to the October 10 low of $0.10.

Cardano (ADA) Price Prediction

Cardano is struggling to bounce back from the $0.37 support level, signaling weak buying activity. ADA/USDT daily chart. Source: Cointelegraph/TradingView

Sellers are attempting to pull Cardano below $0.37, which could send the ADA price down to $0.32 and then to the October 10 low of $0.27. Any recovery is likely to face selling resistance at the moving averages. For bulls to signal a comeback, they need to drive the price above $0.50, paving the way for a rise to $0.61.

Bitcoin Cash (BCH) Price Prediction

Bitcoin Cash rebounded from the 50-day SMA ($534) on Tuesday, with bulls trying to sustain the price above the 20-day EMA ($558). BCH/USDT daily chart. Source: Cointelegraph/TradingView

If Bitcoin Cash fails to maintain its position above the 20-day EMA, sellers will attempt to bring it below the 50-day SMA, potentially dropping the price below the $508 support. This could yield a range-bound action between $443 and $615 for some time. Conversely, if the price manages to close above the 20-day EMA, it indicates positive sentiment, encouraging a push toward resistance at $615.

Hyperliquid (HYPE) Price Prediction

Buyers are attempting to recover Hyperliquid (HYPE), but resistance is likely near the 20-day EMA ($30.26). HYPE/USDT daily chart. Source: Cointelegraph/TradingView

If the price declines from the 20-day EMA, the HYPE/USDT pair may resume its downtrend, potentially falling to $24 and then to the October 10 low of $20.82. If the price manages to rise above the 20-day EMA, it may suggest that selling pressure is easing, enabling it to reach the critical resistance at $35.50, which needs to be surpassed for a potential reversal of the downtrend.

Chainlink (LINK) Price Prediction

Chainlink is trading below the moving averages, raising the likelihood of a drop to the $10.94 support. LINK/USDT daily chart. Source: Cointelegraph/TradingView

Buyers are expected to vigorously defend the $10.94 support, but any upside may encounter selling at the moving averages. If the price drops from the moving averages, the LINK/USDT pair could decrease to the October 10 low of $7.90. Conversely, should Chainlink turn around at current levels or from $10.94 and rise above $15, it indicates demand at lower levels, potentially leading to a rally towards $16.80.