Bitcoin holds key support as HYPE, XMR, AAVE, WLD lead altcoin rally

Sun, 25 May 2025 18:59:23 +0000
Markets

*Key points:*

· Bitcoin price is stuck below $109,588, but the pullback has not altered its bullish chart structure.

· A bullish weekly open from Bitcoin could extend gains in HYPE, XMR, AAVE, and WLD.

Bitcoin (BTC) remains stuck below the $109,588 level during a quiet weekend, but analysts remain bullish. Material Indicators co-founder Keith Alan said in a post on X that Bitcoin remains positive as long as it trades above the yearly open level of about $93,500.

Bitcoin’s demand is likely to remain strong with investments from sovereign wealth funds, exchange-traded funds, publicly listed companies and select nations. Crypto index fund management firm Bitwise said in a recent report that institutional funds could pump roughly $120 billion into Bitcoin in 2025 and about $300 billion in 2026.

Crypto market data daily view. Source: Coin360

While the long-term picture looks promising, traders need to be careful in the near term. The failure to swiftly push the price back above $109,588 could attract profit-booking by short-term traders. If Bitcoin pulls back, several altcoins could also give up some of their recent gains.

Could Bitcoin rise back above $109,588, pulling altcoins higher? If it does, let’s look at the cryptocurrencies that look strong on the charts.

*Bitcoin price prediction*

Bitcoin dropped back below the breakout level of $109,588 on May 23, and the bears thwarted attempts by the bulls to push the price back above the overhead resistance on May 24.

BTC/USDT daily chart. Source: Cointelegraph/TradingView

The bulls will again attempt to drive the price above the $109,588 to $111,980 overhead resistance zone. If they manage to do that, the BTC/USDT pair could rally to the target objective of $130,000.

The 20-day exponential moving average ($104,199) is the critical level to watch out for in the near term. If the support cracks, the pair could plummet to $100,000 and later to the 50-day simple moving average ($94,916).

BTC/USDT 4-hour chart. Source: Cointelegraph/TradingView

The bears have pulled the price below the 50-SMA. The 20-EMA has started to turn down, and the relative strength index has dipped into negative territory, signaling that the bears have the upper hand. If the price sustains below the 50-SMA, the pair could descend to $102,500 and later to $100,000.

Buyers will regain control if they push and maintain the price above the $109,588 resistance. The pair could then challenge the $111,980 level. A break above $111,980 could open the doors for a rally to $116,654.

*Hyperliquid price prediction*

Hyperliquid (HYPE) has broken above the $35.73 resistance, indicating that the bulls have kept up the pressure.

HYPE/USDT daily chart. Source: Cointelegraph/TradingView

If the price sustains above $35.73, the HYPE/USDT pair could pick up momentum and surge to $42.25. Sellers will try to halt the up move at $42.25, but if the bulls prevail, the pair could skyrocket to $50.

Sellers are likely to have other plans. They will try to pull the price back below the breakout level of $35.73. If they do that, the pair could drop to the $32.15 support, where buyers are expected to step in.

HYPE/USDT 4-hour chart. Source: Cointelegraph/TradingView

The pair bounced off the 20-EMA and cleared the overhead barrier at $35.73. If the price remains above $35.73, it suggests that the bulls are trying to flip the level into support. The pair could then attempt a rally to $42.25.

This optimistic view will be negated in the near term if the price turns down sharply and breaks below the 20-EMA. That could trap several aggressive bulls, pulling the pair to $32 and subsequently to $28.50.

*Monero price prediction*

Monero (XMR) soared above the $391 resistance on May 21, indicating that the bulls remain in control.

XMR/USDT daily chart. Source: Cointelegraph/TradingView

The sharp rally of the past few days has kept the RSI in the overbought zone, suggesting that the bulls remain in command. If buyers maintain the price above $412, the XMR/USDT pair could resume its uptrend toward $456.

Sellers will have to yank the price below the $375 level to weaken the bullish momentum. That could attract selling by short-term buyers, pulling the pair to the 20-day EMA ($347). A break and close below the 20-day EMA suggests a short-term trend change.

XMR/USDT 4-hour chart. Source: Cointelegraph/TradingView

The pair is finding support at the 20-EMA, indicating that the bulls remain in control. If the price rises above $412, the uptrend could start the next leg of the uptrend to $456.

Alternatively, a break and close below the 20-EMA suggests that the bulls are rushing to the exit. That could tug the price to the 50-SMA, which is likely to witness buying by the bulls. A bounce off the 50-SMA could face selling at the 20-EMA. If the price turns down from the 20-day EMA, the likelihood of a break below the 50-SMA increases. The pair could then tumble to $332.

*Related: **What's the HYPE about? Hyperliquid's 'Solana' moment eyes 240% gains*

*Aave price prediction*

Aave (AAVE) successfully held the retest of the breakout level of $240 on May 23, indicating demand at lower levels.

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The rising 20-day EMA ($231) and the RSI in the overbought zone show that the bulls have the edge. The AAVE/USDT pair could rally to the $285 level, which is expected to behave as a strong resistance. If buyers overcome the barrier at $285, the up move could extend to $300 and later to $350.

Any pullback is expected to witness solid buying at the 20-day EMA. If the price rebounds off the 20-day EMA, the bulls will again try to pierce the overhead resistance. The bears will be back in the game on a break below the 20-day EMA.

AAVE/USDT 4-hour chart. Source: Cointelegraph/TradingView

The pair has pulled back to the 20-EMA, which is an important level to watch out for. If the price rebounds off the 20-EMA, the bulls will try to propel the pair above $285. If they succeed, the pair could rally to $300.

Conversely, if the price breaks below the 20-EMA, the pair could slide to the 50-SMA and later to $240. A bounce off $240 is expected to face selling at the 20-EMA. If the price turns down sharply from the 20-EMA, it increases the risk of a drop to $217.

*Worldcoin price prediction*

Worldcoin’s (WLD) recovery is facing selling at $1.65, but a minor positive is that the bulls have not allowed the price to dip below the 20-day EMA ($1.20).

WLD/USDT daily chart. Source: Cointelegraph/TradingView

The upsloping moving averages and the RSI in the positive territory indicate an advantage to buyers. If the price turns up from the current level or the 20-day EMA, the bulls will again attempt to shove the price above the $1.65 resistance. If they can pull it off, the WLD/USDT pair could rally to $2.50. There is resistance at $1.89, but it is likely to be crossed.

This positive view will be invalidated if the price turns down and breaks below the 20-day EMA. The pair could then decline to the 50-day SMA ($0.99).

WLD/USDT 4-hour chart. Source: Cointelegraph/TradingView

The bears have pulled the price below the 20-EMA, indicating the start of a deeper correction toward the 50-SMA. The bulls will try to start a rebound off the 50-SMA but are likely to meet stiff resistance at the 20-EMA. If the price turns down from the 20-EMA and breaks below the 50-SMA, the pair could plunge to $1.09.

The first sign of strength will be a break and close above the downtrend line. The pair could then rise to $1.52 and subsequently to $1.65.

This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.