Price predictions 8/29: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, LINK, HYPE, SUI
Bitcoin is at risk of dropping to the $105,000 to $100,000 range, with recent trading suggesting weakening bullish control. Ether has pulled back but remains above key support at $4,094. Despite this, economic projections show BTC has historically increased 70% of the time leading up to Christmas, averaging a 44% gain. Major inflows into BTC and ETH exchange-traded funds indicate shifting investor strategies. Support levels to watch include $2.73 for XRP, $844 for BNB, and between $4,094 and $3,939 for ETH. Dogecoin and Cardano are at critical support levels of $0.21 and $0.82 respectively. For the altcoins, significant resistance and support levels are highlighted with potential price movements outlined based on current technical indicators. Hyperliquid is showing promise after breaking a resistance level, while Sui is testing the lower end of its price range. Meanwhile, the market remains volatile with ongoing trading challenges across these cryptocurrencies.
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