{"id":25119,"date":"2025-05-05T01:17:25","date_gmt":"2025-05-05T01:17:25","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=25119"},"modified":"2025-05-05T01:17:25","modified_gmt":"2025-05-05T01:17:25","slug":"bitcoin-price-cools-going-into-fed-rate-hike-week-hype-aave-rndr-fet-still-look-bullish","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=25119","title":{"rendered":"Bitcoin price cools going into Fed rate hike week, HYPE, AAVE, RNDR, FET still look bullish"},"content":{"rendered":"<div>\n<p style=\"float:right; margin:0 0 10px 15px; width:240px;\"><img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjUtMDUvMDE5NjljNDgtZjYzZS03ZGFkLTg3MGQtYTQ4OGE4YjMwZTgx.jpg\"><\/p>\n<\/p>\n<p style=\"float:right; margin:0 0 10px 15px; width:240px;\"><img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjUtMDUvMDE5NjljNDgtZjYzZS03ZGFkLTg3MGQtYTQ4OGE4YjMwZTgx.jpg\" alt=\"Bitcoin price cools going into Fed rate hike week, HYPE, AAVE, RNDR, FET still look bullish\"><\/p>\n<p><strong>Key points:<\/strong><\/p>\n<ul>\n<li>\n<p>Bitcoin\u2019s positive sentiment should remain intact if BTC price stays above the 20-day EMA near $92,000.<\/p>\n<\/li>\n<li>\n<p>Several altcoins show bullish chart patterns in the 4-hour and 1-day timeframes.<\/p>\n<\/li>\n<\/ul>\n<p>Bitcoin (<a data-ct-non-breakable=\"null\" href=\"https:\/\/cointelegraph.com\/bitcoin-price\" rel=\"null\" target=\"null\" text=\"null\" title=\"null\">BTC<\/a>) has given back some of the gains over the weekend, and the price has pulled back to the breakout level of $95,000. Buyers will have to successfully hold the $95,000 level to keep the bullish momentum intact.<\/p>\n<p>Bitcoin network economist Timothy Peterson said in a post on X that Bitcoin could surge to a new all-time high and <a data-ct-non-breakable=\"null\" href=\"https:\/\/cointelegraph.com\/news\/bitcoin-data-macroeconomic-charts-point-to-new-btc-all-time-high-in-100-days-analysts\" rel=\"null\" target=\"null\" text=\"null\" title=\"null\">reach a target of $135,000<\/a> in the next 100 days if certain conditions are met. Peterson believes a drop in the CBOE Volatility Index below 18 could trigger a \u201crisk-on environment\u201d favoring Bitcoin. The other crucial points needed for the Bitcoin rally are a fall in interest rates and a solid performance in the above-average performing months of June and July.\u00a0<\/p>\n<figure><img decoding=\"async\" alt=\"Cryptocurrencies, Federal Reserve, Bitcoin Price, Volatility, Markets, Cryptocurrency Exchange, Interest Rate, CBOE, Price Analysis, Market Analysis, Aave\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2025-05\/01969c43-3465-7fba-8171-5df0086851fc\" title=\"\"><figcaption style=\"text-align: center;\"><em>Crypto market data daily view. Source: <\/em><a data-ct-non-breakable=\"null\" href=\"https:\/\/coin360.com\/\" rel=\"null\" target=\"null\" text=\"null\" title=\"https:\/\/coin360.com\"><em>Coin360<\/em><\/a><\/figcaption><\/figure>\n<p>The cryptocurrency markets may remain volatile in the near term as traders await the Federal Reserve\u2019s <a data-ct-non-breakable=\"null\" href=\"https:\/\/cointelegraph.com\/news\/bitcoin-95k-retest-traders-brace-for-fed-rate-cut-volatility\" rel=\"null\" target=\"null\" text=\"null\" title=\"null\">upcoming interest rate decision next week<\/a>. Although the CME Group\u2019s FedWatch Tool projects a low probability of a rate cut on May 7, markets may make a decisive move after the event.<\/p>\n<p>Could Bitcoin hold the retest of the $95,000 level? If it does, let\u2019s study the charts of the cryptocurrencies that may move higher in the near term.<\/p>\n<h2>Bitcoin price prediction<\/h2>\n<p>Bitcoin broke above the $95,000 resistance on May 1, but the bulls failed to sustain the momentum. The price turned down from $97,895 on May 2 and has reached the breakout level of $95,000.\u00a0<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2025-05\/01969c37-e134-7302-ad93-b304ff258ce7\" title=\"\" alt=\"Bitcoin price cools going into Fed rate hike week, HYPE, AAVE, RNDR, FET still look bullish\"><figcaption style=\"text-align: center;\"><em>BTC\/USDT daily chart. Source: Cointelegraph\/TradingView<\/em><\/figcaption><\/figure>\n<p>The upsloping 20-day exponential moving average ($92,106) and the relative strength index (RSI) in the positive territory indicate that buyers have the edge. If the price rebounds off the zone between $95,000 and the 20-day EMA, the bulls will make one more attempt to push the BTC\/USDT pair to $100,000.\u00a0<\/p>\n<p>Contrarily, a break and close below the 20-day EMA suggests that the rally above $95,000 may have been a bull trap. That heightens the risk of a drop to the 50-day simple moving average ($86,682).<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2025-05\/01969c37-e634-75f9-988c-6b29a5f2223e\" title=\"\" alt=\"Bitcoin price cools going into Fed rate hike week, HYPE, AAVE, RNDR, FET still look bullish\"><figcaption style=\"text-align: center;\"><em>BTC\/USDT 4-hour chart. Source: Cointelegraph\/TradingView<\/em><\/figcaption><\/figure>\n<p>The moving averages have flattened out, and the RSI has dropped near the midpoint on the 4-hour chart, suggesting a weakening momentum. If the price drops below $95,000, the pair could descend to $92,800 and then to $91,660. A break below $91,660 clears the path for a fall to $86,000.<\/p>\n<p>Buyers will have to drive and sustain the price above $97,895 to regain control. The pair could climb to $100,000 and later to $107,000.<\/p>\n<h2>Hyperliquid price prediction<\/h2>\n<p>Hyperliquid (<a data-ct-non-breakable=\"null\" href=\"https:\/\/cointelegraph.com\/hyperliquid-price-index\" rel=\"null\" target=\"null\" text=\"null\" title=\"null\">HYPE<\/a>) is facing resistance at $21.50, but a positive sign is that the bulls have not ceded much ground to the bears.<\/p>\n<figure><img decoding=\"async\" alt=\"Cryptocurrencies, Federal Reserve, Bitcoin Price, Volatility, Markets, Cryptocurrency Exchange, Interest Rate, CBOE, Price Analysis, Market Analysis, Aave\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2025-05\/01969c37-eab6-7d49-9c8b-c948fc0f4ded\" title=\"\"><figcaption style=\"text-align: center;\"><em>HYPE\/USDT daily chart. Source: Cointelegraph\/TradingView<\/em><\/figcaption><\/figure>\n<p>The upsloping 20-day EMA ($18.48) and the RSI near the overbought zone suggest the path of least resistance is to the upside. A close above $21.50 could start the next leg of the up move to $25 and then to $27.50.<\/p>\n<p>The first sign of weakness will be a break and close below the 20-day EMA, suggesting profit booking by the short-term bulls. The HYPE\/USDT pair could then fall to $17.35, which is likely to act as solid support.<\/p>\n<figure><img decoding=\"async\" alt=\"Cryptocurrencies, Federal Reserve, Bitcoin Price, Volatility, Markets, Cryptocurrency Exchange, Interest Rate, CBOE, Price Analysis, Market Analysis, Aave\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2025-05\/01969c37-efde-7e02-b7a8-bb9844180995\" title=\"\"><figcaption style=\"text-align: center;\"><em>HYPE\/USDT 4-hour chart. Source: Cointelegraph\/TradingView<\/em><\/figcaption><\/figure>\n<p>The bears are defending the $21.50 level, but the bulls have not allowed the price to slip below the 20-EMA on the 4-hour chart. A solid bounce off the 20-EMA could challenge the overhead hurdle. If the $21.50 level is scaled, the pair could soar toward $25.<\/p>\n<p>Instead, if the price breaks the 20-EMA, select short-term buyers may be tempted to book profits. That could sink the pair to the 50-SMA, which is a critical support to keep an eye on. If the level cracks, the pair may descend to $17.35.<\/p>\n<h2>AAVE price prediction<\/h2>\n<p>Aave (<a data-ct-non-breakable=\"null\" href=\"https:\/\/cointelegraph.com\/aave-price-index\" rel=\"null\" target=\"null\" text=\"null\" title=\"null\">AAVE<\/a>) turned up from the moving averages on April 30, indicating that the sentiment has turned positive and traders are buying on dips.<\/p>\n<figure><img decoding=\"async\" alt=\"Cryptocurrencies, Federal Reserve, Bitcoin Price, Volatility, Markets, Cryptocurrency Exchange, Interest Rate, CBOE, Price Analysis, Market Analysis, Aave\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2025-05\/01969c37-f5a9-7068-9b0c-b03ce8817b9b\" title=\"\"><figcaption style=\"text-align: center;\"><em>AAVE\/USDT daily chart. Source: Cointelegraph\/TradingView<\/em><\/figcaption><\/figure>\n<p>The bulls will try to push the price to the $196 level, where the bears are expected to sell aggressively. If the price turns down from $196 but finds support at the 20-day EMA, the likelihood of a break above the overhead resistance increases. The AAVE\/USDT pair could then travel to $220 and later to $240.<\/p>\n<p>If bears want to prevent the upside, they will have to swiftly pull the price below the moving averages. If they can pull it off, the pair may collapse to $130.<\/p>\n<figure><img decoding=\"async\" alt=\"Cryptocurrencies, Federal Reserve, Bitcoin Price, Volatility, Markets, Cryptocurrency Exchange, Interest Rate, CBOE, Price Analysis, Market Analysis, Aave\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2025-05\/01969c37-fae4-7974-8fdf-6a897e5a5d7d\" title=\"\"><figcaption style=\"text-align: center;\"><em>AAVE\/USDT 4-hour chart. Source: Cointelegraph\/TradingView<\/em><\/figcaption><\/figure>\n<p>The pair is facing selling near $180, but a positive sign is that the bulls have maintained the price above the moving averages. If the price turns up from the moving averages and breaks above $180, the pair could accelerate toward $196. There is minor resistance at $190, but it is likely to be crossed.\u00a0<\/p>\n<p>Contrary to this assumption, if the price turns down and breaks below the 50-SMA, it suggests that the bulls are booking profits. That may pull the price down to $155 and subsequently to $150.<\/p>\n<p><em><strong>Related: <\/strong><\/em><a data-ct-non-breakable=\"null\" href=\"https:\/\/cointelegraph.com\/news\/ethereum-nears-key-bitcoin-price-level-last-time-450-gains\" rel=\"null\" target=\"null\" text=\"null\" title=\"null\"><em><strong>Ethereum nears key Bitcoin price level that last time sparked 450% gains<\/strong><\/em><\/a><\/p>\n<h2>Render price prediction<\/h2>\n<p>Buyers tried to push Render (<a data-ct-non-breakable=\"null\" href=\"https:\/\/cointelegraph.com\/render-price-index\" rel=\"null\" target=\"null\" text=\"null\" title=\"null\">RNDR<\/a>) above the $4.87 resistance on May 2, but the bears held their ground.<\/p>\n<figure><img decoding=\"async\" alt=\"Cryptocurrencies, Federal Reserve, Bitcoin Price, Volatility, Markets, Cryptocurrency Exchange, Interest Rate, CBOE, Price Analysis, Market Analysis, Aave\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2025-05\/01969c38-002a-7e8c-a574-76a8896381a8\" title=\"\"><figcaption style=\"text-align: center;\"><em>RNDR\/USDT daily chart. Source: Cointelegraph\/TradingView<\/em><\/figcaption><\/figure>\n<p>The price has reached the 20-day EMA ($4.31), where the bulls are likely to mount a strong defense. If the price bounces off the 20-day EMA, it increases the possibility of a break above $4.87. If that happens, the RNDR\/USDT pair could pick up momentum and climb to $6.20.<\/p>\n<p>This positive view will be negated in the near term if the price continues to slide and breaks below the $4.22 support. That opens the doors for a fall to the 50-day SMA ($3.80) and, after that, to $3.55.<\/p>\n<figure><img decoding=\"async\" alt=\"Cryptocurrencies, Federal Reserve, Bitcoin Price, Volatility, Markets, Cryptocurrency Exchange, Interest Rate, CBOE, Price Analysis, Market Analysis, Aave\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2025-05\/01969c38-0546-7274-9fff-c6f137db8d57\" title=\"\"><figcaption style=\"text-align: center;\"><em>RNDR\/USDT 4-hour chart. Source: Cointelegraph\/TradingView<\/em><\/figcaption><\/figure>\n<p>Sellers have pulled the price to the $4.22 support, which is an important support to watch out for. If the price rebounds off $4.22 with strength, it signals a possible range formation in the near term. The pair may swing between $4.22 and $4.87 for some time. A break and close above $4.87 indicates the resumption of the up move toward $5.52.<\/p>\n<p>On the contrary, if the price continues lower and breaks below $4.22, it suggests that the bears are attempting a comeback. The pair may decline to $3.88.<\/p>\n<h2>Fetch.ai price prediction<\/h2>\n<p>Fetch.ai (<a data-ct-non-breakable=\"null\" href=\"https:\/\/cointelegraph.com\/fetch-ai-price-index\" rel=\"null\" target=\"null\" text=\"null\" title=\"null\">FET<\/a>) turned down from the $0.84 overhead resistance and has reached the 20-day EMA ($0.65).<\/p>\n<figure><img decoding=\"async\" alt=\"Cryptocurrencies, Federal Reserve, Bitcoin Price, Volatility, Markets, Cryptocurrency Exchange, Interest Rate, CBOE, Price Analysis, Market Analysis, Aave\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2025-05\/01969c38-0a56-7c33-a479-8b819626d1e3\" title=\"\"><figcaption style=\"text-align: center;\"><em>FET\/USDT daily chart. Source: Cointelegraph\/TradingView<\/em><\/figcaption><\/figure>\n<p>The bulls will try to arrest the pullback at the 20-day EMA. If the price rebounds off the 20-day EMA with force, the FET\/USDT pair could reach the $0.84 level. A break and close above $0.84 opens the doors for a possible rise to $1.09.<\/p>\n<p>Sellers are likely to have other plans. They will try to pull the price below the 20-day EMA. If they manage to do that, the pair could fall to the 50-day SMA ($0.54), where the buyers are expected to step in.<\/p>\n<figure><img decoding=\"async\" alt=\"Cryptocurrencies, Federal Reserve, Bitcoin Price, Volatility, Markets, Cryptocurrency Exchange, Interest Rate, CBOE, Price Analysis, Market Analysis, Aave\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2025-05\/01969c38-0fab-7e14-abb1-f3daa733d062\" title=\"\"><figcaption style=\"text-align: center;\"><em>FET\/USDT 4-hour chart. Source: Cointelegraph\/TradingView<\/em><\/figcaption><\/figure>\n<p>The pair has reached the crucial support at $0.67. If the price rebounds off $0.67, the bears will try to halt the relief rally at the moving averages. If the price turns down from the moving averages and breaks below $0.67, it suggests that the bulls have given up. That could drag the pair down to $0.60.<\/p>\n<p>Alternatively, a break above the moving averages signals demand at lower levels. That suggests a possible range formation between $0.67 and $0.80. The uptrend could resume on a close above $0.80.<\/p>\n<p class=\"post-content__disclaimer\" type=\"\">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.<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"markets_outlook\" label=\"Subscription Form: Markets Outlook\"><\/template>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Key points: Bitcoin\u2019s positive sentiment should remain intact if BTC price stays above the 20-day EMA near $92,000. Several altcoins show bullish chart patterns in the 4-hour and 1-day timeframes. Bitcoin (BTC) has given back some of the gains over the weekend, and the price has pulled back to the breakout level of $95,000. Buyers [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-25119","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/25119","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=25119"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/25119\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=25119"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=25119"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=25119"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}