Price predictions for Major Cryptocurrencies
Bitcoin has recently dipped below the $115,000 support level, but selling pressure seems limited due to strong buying interest from Bitcoin Treasury Companies. Historically, BTC has performed well in August after halving events, with potential to reach an all-time high above $123,218. Ether is attracting institutional investment, with significant inflows into US Spot ETH ETFs. Looking at price predictions, BTC's vital levels include $110,530 and $118,106, while Ether is tested at a support level around its 20-day SMA ($3,590). For XRP, a drop below $2.95 may indicate selling strength, while BNB faces resistance at $794. Solana's next support is the 50-day SMA at $161, and Dogecoin hovers within a range between $0.14 and $0.29. Cardano and Hyperliquid also depict potential ranges, indicating mixed market sentiments. A careful watch on these support and resistance levels could guide traders in their strategies over the coming weeks.
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