🧠 MARKET WATCH — August 6 Price Action 🔍

#BTC #ETH #XRP #BNB #SOL #DOGE #ADA #HYPE #XLM #SUI

📊 The crypto market is treading carefully — tight ranges, shallow pullbacks, and signs of a breakout brewing. Let’s break it down:

🔹 Bitcoin ($BTC)

Trading between $112K–$115.7K — bulls and bears are in a standoff. A breakout could take BTC to $120K+, while a breakdown risks a dip to $100K.

📈 Tom Lee still calls for $200K–$250K this year. Will it happen?

🔹 Ethereum ($ETH)

Bulls holding strong. If $3,745 breaks, targets are $3,941 and $4,094. But a fall below $3,300 flips the script.

🔹 XRP

Rangebound between moving averages. Break above $3.16 could send it to $3.66. Below $2.69? Watch for $2.40.

🔹 BNB

Struggling at $774. Breakout targets: $815 → $861. Drop below $732 could trigger a fall to $706.

🔹 Solana ($SOL)

Testing the 50-day SMA. Bulls need $185+ to retest $209. Below $155? Expect $137.

🔹 Dogecoin ($DOGE)

Stuck near $0.21 resistance. A push above targets $0.22, failure risks $0.17 → $0.14.

🔹 Cardano ($ADA)

Stuck in a range. Bulls eye $0.86. Bears could drag it to $0.56 if $0.68 fails.

🔹 Hyperliquid ($HYPE)

Rejected at 50-day SMA. Falling below $35.50 could mean $32. Bulls need a breakout above $41 to regain momentum.

🔹 Stellar ($XLM)

Rejected at 20-day SMA. Eyes on $0.34 support — bounce or breakdown?

🔹 SUI

Bearish tilt. A break below $3.32 risks a slide to $2.65. Bulls must reclaim $3.75+ for a rally.

📉 Volatility is sleeping — for now. But when it wakes up… it could be explosive.

👉 Which coin are you watching most closely?

#CryptoMarkets #PriceAnalysis #Altcoins #Bitcoin #BinanceSquare #TechnicalAnalysis #CryptoNews