Price predictions for August 18: SPX, DXY, BTC, ETH, XRP, BNB, SOL, DOGE, ADA, LINK
Bitcoin shows a negative divergence, indicating weakening bullish momentum, with buyers aiming to maintain Ether above $4,094. BTC has extended its pullback, suggesting profit booking. Analysts expect Bitcoin could reach $98,000–$100,000, with a more than 50% chance of hitting this zone this year. The S&P 500 Index is in a strong uptrend, but a negative divergence in the RSI suggests potential consolidation. For DXY, a break below 97.62 could see it drop to 97.10, while breaking above 20-day EMA might push it to 99.32. Ether's pullback could signal further downside if $4,094 is breached. Expectations for XRP sit at support levels around $2.94 and $2.73. BNB needs to maintain above $808 to avoid further downside. Solana's support lies at $182, while Dogecoin ranges between $0.26 and $0.21. Cardano struggles above $1.02. Chainlink faces resistance at $27, with a significant move above it necessary for bullish continuation.
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