Bitcoin and Altcoins Stage a Relief Rally as Market Looks to Re‑capture Pre‑Crash Range Highs
February 13 2026 – The cryptocurrency market has shown early signs of a bounce, with Bitcoin nudging past the $68,500 mark and several top‑ten altcoins fighting to hold modest support levels. Analysts suggest the rally is still fragile and that the next few days will be decisive for whether the market can climb back into the range it occupied before the recent sell‑off.
Bitcoin’s Attempted Come‑back
- Current price action: BTC rose above $68,500 on Thursday, finding buying interest near the $65,000 zone. The cryptocurrency is now eyeing a critical resistance around $74,508.
- Potential scenarios:
If the price breaks sharply below $74,508, bears could keep the pair confined between $74,508 and $60,000 for the short term. A deeper fall beneath $60,000 might push Bitcoin toward the $52,500 area.
Conversely, a decisive move above $74,508 would hint that selling pressure is easing, opening the path toward the 50‑day simple moving average (≈ $85,000). - On‑chain backdrop: Glassnode notes that Bitcoin sits between its “true market mean” of roughly $79,200 and a realized price near $55,000, suggesting a wide band in which price could oscillate until a catalyst—such as regulatory news or a major institutional inflow—pushes it out of range.
- Forecasts: Standard Chartered trimmed its 2026 target to $100,000 (down from $150,000) and expects a short‑term dip to around $50,000 before a later‑year recovery. Other voices, including analyst Tony Research, see a possible bottom in the $40,000‑$50,000 corridor later in 2026.
Altcoin Relief Rally
| Asset | Key Support | Immediate Resistance | Next Targets if Bullish |
|---|---|---|---|
| Ethereum (ETH) | $1,750 (critical) | $2,111 (current resistance) | 20‑day EMA $2,297 → 50‑day SMA $2,800 |
| BNB | $570 (strong) | $669 (next hurdle) | 20‑day EMA $710 |
| XRP | $1.55 EMA (support) | $1.55‑$1.11 (breakout zone) | If held, could stay in channel; breach may lead to $1 → $0.75 |
| Solana (SOL) | $77 (support) | $95 (breakdown level) | 50‑day SMA $119 if rally continues |
| Dogecoin (DOGE) | $0.09 (bounce) | $0.10 EMA (first bullish sign) | $0.12 → $0.16 on sustained upside |
| Bitcoin Cash (BCH) | $497 (recent breach) | $536 20‑day EMA | 50‑day SMA $581 if reclaimed |
| Hyperliquid (HYPE) | $30.18 EMA (just cleared) | $35.50 (next test) | $44 if upward momentum holds |
| Cardano (ADA) | $0.22 (channel line) | $0.29 EMA | Potential to stay in channel; break above could spark rally |
| Monero (XMR) | $360 (resistance) | $385 EMA (next barrier) | 50‑day SMA $460 if bulls break through |
Overall, the altcoin sector is showing a “relief rally” pattern: prices are testing lower‑level demand zones, and technical indicators such as oversold RSI readings on BNB and HYPE suggest that short‑term buying pressure could be building.
Market Outlook
- Range‑bound expectations: On‑chain data and several analyst comments point to a continuation of sideways trading until a clear catalyst emerges. The “true market mean” versus realized price gap leaves room for both upside and downside moves.
- Risk factors: A failure by Bitcoin to hold above the $74,500 resistance could trigger a swift retreat toward the $60,000 region, dragging altcoins down with it. Likewise, a breakout above key resistance levels on any major coin may act as a catalyst for broader market optimism.
- Opportunities: The current dip has attracted value‑seeking participants. Watching the interaction around the highlighted support zones—$65,000 for BTC, $2,000 for ETH, $570 for BNB, and comparable levels for other assets—will be crucial for determining whether the rally can evolve into a sustained recovery.
Key Takeaways
- Bitcoin is testing a pivotal resistance at $74,508; a break above could reopen the path to the $80‑$85k range, while a breakdown may see the price swing back to $52k‑$60k.
- Altcoins are displaying modest relief rallies, with many finding support near historically significant lows; however, each faces distinct resistance that must be cleared for a broader market upswing.
- On‑chain metrics indicate the market is still trapped between a higher “true mean” and a lower realized price, reinforcing the view that the price will likely remain range‑bound until new macro or regulatory news provides direction.
- Investors should monitor the highlighted technical levels for both Bitcoin and major altcoins, as breaches will likely set the tone for the next phase of market movement.
The article is for informational purposes only and does not constitute investment advice. Readers are encouraged to conduct independent research before making any trading decisions.
Source: https://cointelegraph.com/news/price-predictions-2-13-btc-eth-bnb-xrp-sol-doge-bch-hype-ada-xmr?utm_source=rss_feed&utm_medium=feed&utm_campaign=rss_partner_inbound
