๐ Weekly Summary of the Crypto Market โ June 16, 2025
The market is heating up! ๐ฅ Bitcoin broke $106K and is preparing to test the historical high of $112K again โ with bullish projections up to $116Kโ$120K ๐
Check out the highlights of the main cryptos of the week ๐
๐น BTC/USDT
โ Support respected at $103,800
๐ Immediate target: $110,530 โ $112,000
๐ฎ Breaking the pattern โ technical target at $146,892 (!)
๐ธ ETH/USDT
๐ช Strength above the 20-day average
๐ฏ Targets: $2,738 โ $2,879 โ $3,153
โ ๏ธ Bearish alert if it closes below $2,323
๐ฃ XRP/USDT
๐ Fluctuating between $2.00 and $2.65
๐ฅ Breaking $2.65 โ target at $3.00
โ ๏ธ Loss of $2.00 could lead to $1.61
๐ BNB/USDT
๐ Moving sideways between $634 and $693
๐ฏ Above $693 โ target at $732
๐ Below $634 โ possible drop to $580
๐ถ DOGE/USDT
๐ป Bearish bias with weak RSI
โ ๏ธ Loss of $0.16 โ support at $0.14
๐ฅ Breaking $0.21 โ aiming for $0.26
๐ฅ ADA/USDT
โ ๏ธ Attempting to defend $0.600
๐ Break below โ target at $0.500
๐ If it rises above the averages, tests the trendline
๐ข HYPE/USDT
๐ Resumed the uptrend after breaking $44
๐ฏ Next target: $50
โ ๏ธ Below $37.71 โ short-term selling pressure
๐ Final summary:
Bitcoin leads and may dictate the direction of altcoins. The week will be key to determine if the crypto market enters a new bull cycle.
๐ Keep an eye on Wednesday with the FOMC decision โ volatility ahead!
And you, which one are you positioned in?
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