1. Bitcoin (BTC)
Bitcoin continues to stabilize around the $120,000 mark, showing strong buying pressure from bulls but still lacking a clear breakout. The 20-day MA is sloping upward (~$118,300) and the positive RSI reinforces the upward signal. If successfully surpassing $120,000, BTC could rise to the $123,200 – $135,000 range.
However, historical data indicates that August is often a period of weakness with an average return of only 2.6% over the past 13 years. At the same time, news related to FOMC minutes and the Fed's interest rate decisions could guide the market in the coming period.
2. Ethereum (ETH) & BNB
ETH and BNB are recording significant increases, especially ETH surpassing BTC in futures trading market share (Glassnode calls this 'largest volume skew'), reflecting the trend of capital flow to altcoins.
ETH is fluctuating around the $2,500–2,540 range, where many investors are accumulating (common investment costs in the range of $2,513–2,536). If this range is maintained, ETH has the potential to aim for the area above $2,650 thanks to stable ETF capital.
3. XRP
XRP has just recorded a breakout from the long-term price range, peaking at $3.03 before a slight adjustment. The rare chart pattern 'continuation axis' and the significant increase in whale wallets (holding >1 million XRP reaching a record high of 2,743 wallets) make many analysts believe that the next target could reach $4.47.
4. DOGE
DOGE has recovered after surpassing the $0.19 mark. According to Fibonacci analysis, key resistance levels are $0.207, $0.222, $0.244, and a potential long-term target could reach $0.351 (Fibonacci extension 1.618). Some more optimistic predictions suggest prices could reach $0.77 or $1.16 if the current compression pattern successfully breaks out.
5. Altcoin: HYPE, ADA, SOL, XLM, SUI
The market is gradually shifting to an 'altcoin season': Bitcoin's dominance ratio is weakening—dropping below support at 64.8%, paving the way for altcoins to explode. Long-term RSI combined with capital inflow into DeFi/AI projects is creating a solid foundation for this cycle. Predictions expect returns of 150–175x for small-cap altcoins if the market pattern continues to be favorable.
This particularly supports altcoin groups like $SUI , $HYPE , $ADA , XLM, SOL, which are being targeted by the investor community with high expectations for significant short- and medium-term returns.
✍️ CONCLUSION & SUGGESTIONS FOR INVESTORS
BTC is accumulating in the $115,000–$120,000 range; monitoring the breakout above the $120,000 threshold will be crucial.
ETH & BNB are showing continued upward trends, especially as ETH maintains a strong support area at $2,500–2,540.
XRP & DOGE both have positive technical signals: XRP is expected to target $4–4.5; DOGE could explode to $0.35 or further if the market is activated.
Small altcoins are in a favorable moment as capital flows out of BTC in search of higher profits; opportunities are opening up for HYPE, SUI, ADA, XLM, SOL...