Cryptocurrency News Today: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, LINK, SUI (September 10)

Key points Bitcoin rose above $114,000 as weak U.S. inflation data boosted the Fed's rate cut bet. Several major altcoins including BNB, SOL, ADA and LINK broke through key resistance levels. Analysts say BTC could rebound to $120,000 if support fails, while ETH is at risk of falling to $3,500. Bitcoin (BTC) Price Forecast Current Price: $113,985 BTC rebounded above the 20-day moving average (EMA) ($112,002), indicating that buyers are regaining control. Resistance is at the 50-day moving average (SMA) ($114,668). Close above that level could push BTC higher to $117,500-120,000, though shorts will be guarding hard around $120,000-124.400. On the downside, a drop below $109,329 is likely to fall to $107,000, a key defense area before reaching $100,000. Ethereum (ETH) price forecast current price: USD 4,353 ETH is consolidating in the USD 4,250-4,500 range. A breakout of $4,500 will open the road to $4,957 or even $5,500. If you fail to hold $4,250, you may fall to $4,060, and if the sell-off accelerates, you may fall further to $3,745. XRP Price Forecast Current Price: $2.98 XRP rebounded from its 20-day EMA ($2.91), with RSI slightly bullish. The downward trend line could trigger a rebound to $3.15 and $3.40. If the price falls below EMA and $2.73 fails, XRP may retreat to $2.20. BNB Price Forecast Current Price: USD 894.96 BNB breaks through the USD 900 resistance level and resumes upward trend. Upside Target: $1,000 if buyers maintain momentum. Support level worth noting: $840 – Losing this position could drag BNB to $820-794. Solana (SOL) Price Forecast Current Price: $224.33 SOL breaks through $218, with the 20th EMA supporting the bullish momentum at $204. Upward levels: $240 and $260, strong resistance may occur. A break below the uptrend line will offset the bullish setting with a target of $175. Dogecoin (DOGE) Price Forecast Current Price: USD 0.245 DOGE is advancing towards the resistance level of USD 0.26. After a successful breakthrough, DOGE may rise to $0.29 if momentum is strengthened, it may reach $0.44. If it falls below $0.26 and falls below the moving average, it will expand its horizontal range of volatility. Cardano (ADA) Price Forecast Current Price: USD 0.8845 ADA breaks through the downward channel, which is a bullish signal. Next resistance: $0.96 and $1.02. A breakout above $1.02 could drive the price to $1.17. The bears need to pull the ADA back below the moving average to regain control. Chainlink (LINK) Price Forecast Current Price: $23.59 LINK is challenging the $24 resistance level after recovering its 20th EMA ($23.13). A breakout of $24 could push the gain to $26-28. If LINK is blocked, it will face a threat of $21.59 (50-day SMA) and may touch the uptrend line. Sui (SUI) Price Forecast Current Price: $3.61 SUI rebounds from its 20-day EMA ($3.45) and is retesting the 50-day SMA ($3.60). A breakout through resistance will open the road to $4.18-4.44. If blocked, the price may consolidate below and the bears will actively defend the downward trend line. Market outlook The weakening of US PPI inflation data in the cryptocurrency market has boosted market confidence in the Fed's interest rate cut in September and the market momentum has increased. BTC target price is around $120,000, while altcoins break through key technical levels.