Crypto’s been testing key support zones this week, but bulls may still have the upper hand. Let’s break down where the market stands — and where it could be headed next. 👇
🔵 Bitcoin (BTC) — $113,938
BTC dipped below $115K, but bears couldn’t hold it down. With institutional wallets stacking 791,000+ BTC, the buying pressure is real.
✅ A rebound above $118K could launch BTC to $123K–$135K
⚠️ If support at $110K breaks, look for $105K–$100K as downside targets.
🟣 Ethereum (ETH) — $3,541
ETH saw $5.43B in ETF inflows in July 💸
Price slipped below $3,745 but still holding the 20-day SMA.
🟢 Bounce = run toward $3,941–$4,094
🔻 Breakdown = dip to $3,300
🟡 XRP — $3.01
Struggling to retake the 20-day SMA ($3.19). Support at $2.95 holding... for now.
🔄 Expect a battle between $2.95–$3.66
🔻 Break below $2.95 = potential fall to $2.62
🔴 BNB — $760
Slipped below breakout zone at $794. Now testing 20-day SMA.
🛡️ Hold = attempt back to $794 → $861
💀 Break = possible fall to $732
🔷 Solana (SOL) — $164
Rejected at $179 resistance. 50-day SMA at $161 is next support.
📈 Hold = potential breakout to $185–$209
📉 Break = back to $126 zone
🟩 Cardano (ADA) — $0.72
Sliding toward 50-day SMA ($0.67).
🔄 Flat RSI suggests range-bound movement
🔻 Break below $0.67 could send it to $0.56, then $0.50
🚀 Hyperliquid (HYPE) — $44
Closed below its channel. Key support at $36
⬆️ Reclaim 20-day SMA to resume bullish momentum
⬇️ Fail = deeper pullback to $32
🌟 Stellar (XLM) — $0.39
Hitting 50% Fib level at $0.37 — support zone.
🟢 Recovery could retest $0.52
🔻 Drop to $0.34 possible if $0.37 fails
🔷 Sui (SUI) — $3.53
Bulls lost ground at $3.86.
📈 Hold above $3.51 = range play to $4.44
📉 Break = slide to $3.28
📊 Final Take:
Markets are pulling back — but not crashing. Key supports are still holding, and historical trends suggest August could still turn bullish, especially for BTC.
🔥 Is this just a cooldown before the next leg up?
📍Let us know your favorite play this week👇
#BTC #ETH #Altcoins #CryptoAnalysis #BinanceSquare #HODL #MarketUpdate
