Important points
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Bitcoin might reach $115,000 then move to $120,000 but the rise is likely to stop in the near future if whales sell.
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Select altcoins are ready to rise above the resistance level.
BitcoinBTCThe new week began with a positive start as buyers tried to maintain the price over $112,500. However, the bears were not going to be defeated easily.
In the coming days, market participants should keep an eye on whale activity. CryptoQuant data indicates that. whales have sold 114,920 BTC Over the past month the biggest whale selling since July 2020. According to analysts, continued whale sales could cap BTC’s rise for the coming weeks.
Traders are watching closely the $100,000 level on the downside. ZYN, a well-known trader who is active on X said that BTC has been falling. bottomed at the 0.382 Fibonacci retracement level In Q3 2024, and in Q2 2025. This may occur again. ZYN predicts that the worst scenario is a drop of 10% near $100,000. “before a 50% rally above $150,000.”
BTC is likely to suffer in the short term due to falling demand for BTC from treasury firms. Michael Saylor’s Strategy holds the most Bitcoin in the entire world. acquired roughly 7,714 BTC in AugustThis is significantly lower than the 31466 BTC that was purchased in July.
Other Treasury Companies bought 14,800 BTC in AugustIt is considerably less than the record purchase in June of 66,000 BTC.
BTC’s overhead resistance could be overcome. Will some altcoins make a move upward? We’ll find out by analyzing the charts for the 10 most popular cryptocurrencies.
S&P 500 Index price prediction
The S&P 500 Index (SPX) made a new intraday all-time high on Friday, but the higher levels attracted profit booking.
A negative divergence of the relative Strength Index (RSI) may indicate that the momentum for bullishness is waning. The index may begin a more severe correction if sellers lower the price to below the simple 50-day moving average of $6,356.
A price that is higher than the moving-averages indicates a bullish attitude. They will attempt to continue the trend upwards to 6,700.
US Dollar Index price prediction
US Dollar Index DXY failed to remain above the moving mean, which indicates selling during rallies.
The bears’ aim is to consolidate their position, first by bringing the price down to 97.10 then to the important support of 96.37. The 96.37 level is expected to be fiercely defended by buyers, as a fall below this support could send the index down to 95.
To prevent a downward trend, buyers will need to push the price over the level of 99. The index may rally up to 100.50, and then to the stiff resistance of 102.
Bitcoin price prediction
BTC broke over the 20 day exponential moving average ($111.902) on Sunday, which indicates that the bulls have signaled a return.
BTC/USDT could rise to the SMA 50 days ($114,920), and then the bears will likely step in. The pair will form a trading range if the Bitcoin rate is driven above the SMA. Price could continue to fluctuate between $107,000-$124,474 until further notice.
If, on the other hand, the price drops sharply and falls below its current level or from the 50-day SMA it indicates the bears’ intent to seize control. It increases the chance of a breakdown below the $107,000 level. In that case, it is possible for the pair to fall below $100,000.
Prediction of Ether prices
ETH) (ETH) has been trading near the 20-day EMA ($4,351) for the past few days, indicating uncertainty between the buyers and sellers.
On the downside, the $4,060 mark is a crucial level of support. Short-term bulls may start to book profits if they break or close below the $4,060 level. The ETH/USDT may fall as low as $3,745 before settling at $3,350.
The bulls will be back in control if they break through and close at $4,500. Ether may retest $4,956 as the resistance overhead. Close above $4,956 to open the door for a rise up to $5,500.
XRP price prediction
The XRP currency (XRP) climbed above the 20-day EMA ($2.90) on Monday, and the price is nearing the downtrend line.
The sellers are likely to vigorously defend the downward trend line because breaking above this line invalidates the pattern of a bearish ascending triangle. The aggressive bears could get trapped, and the XRP rate may rise to $3.40.
The XRP/USDT pairing may stay in the triangle longer if, however, the price falls sharply away from the trendline. If the price breaks below $2.73, then selling may intensify.
BNB price prediction
BNBBNBOn Sunday, the. () rose from the support of $840 on Friday to the resistance of $861.
Bears will likely mount a fierce defense at $900. The price turning down but rebounding off the 20 day EMA (855) signals a good sentiment. This increases the chances of breaking above $900. BNB/USDT could then rise to $1,000.
If the price breaks down below $840 and turns downwards from its current level, or the resistance overhead, this indicates that bulls have fled the market. BNB’s price could fall to its 50-day SMA (824) and then to $794.
Solana price prediction
Solana (SOL) bounced off the 20-day EMA ($201) on Sunday, indicating that the bulls continue to buy on dips.
The bulls want to get the price up above $218, the overhead resistance. The SOL/USDT will form a triangle with a rising bullish pattern if they succeed. The path is now clear for an upswing to $240 then $260.
To prevent an upward movement, sellers will need to defend $218 and drag Solana below the 50 day SMA ($189). Pair may drop to $175.
Related: Can XRP keep outperforming Bitcoin this bull cycle?
Dogecoin price prediction
DogecoinDOGEOn Sunday, the price of rose above its moving averages. This suggests that it may stay in the range between $0.21 and $0.26 for some time.
The 20 day EMA ($0.22) is starting to move up and the RSI climbed into positive territory. This indicates a slight edge for the bulls. The sellers will defend the $0.26 mark, but if bulls win out the pair may reach $0.29. If the pair closes above $0.29, it could signal a move up to $0.44.
If the price falls, it is important to keep an eye on this level. It is possible that the Dogecoin prices could drop to $0.19, then $0.16.
Cardano price prediction
Cardano (ADAThe descending channel pattern is approaching the downward trend line after rising above moving averages.
If buyers penetrate the resistance level, then the correction phase is likely to be over. The ADA/USDT could gain momentum, and rise to $0.96 then to $1.02.
Cardano may stay in the channel for a while if the price of the coin turns downwards from the line that represents the downtrend. If the price breaks below the channel support line, the bears are in control.
Hyperliquid price prediction
Hyperliquid (HYPE), continues its upward march, surpassing the $49.88-$51.19 resistance zone.
The completion of an ascending bullish triangle pattern is signaled by a close over $51.19. The pair HYPE/USDT may resume its upward trend towards the pattern’s target of $64.25.
In contrast to this, if Hyperliquid’s price drops sharply, and then reenters the triangle shape, that would indicate the bears were active at a higher level. The sellers will need to lower the price under the upward trend line in order to nullify the bullish set-up. This could be a trap for aggressive bulls and pull the pair down to $40.
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Source: cointelegraph.com
