#CreatorPad Price Predictions as of 13/8: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, LINK, HYPE, XLM

Bitcoin and Ether seem poised to reach new highs soon. Which altcoins could follow?

Price Predictions as of 13/8: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, LINK, HYPE, XLM

Price Analysis

Key Points:

Bitcoin bulls are chasing the all-time high of USD 123,218 for BTC as buying pressure increases.

Ether has caught up to Bitcoin and is close to reaching a new all-time high.

Bitcoin

BTC

106,201 €

surpassed USD 122,000 on Wednesday, indicating that bulls have maintained pressure. Repeated tests of a resistance level tend to weaken it, increasing the likelihood of surpassing the all-time high of USD 123,218.

BTC is not alone. Ether

ETH

4068 €

has also advanced toward its all-time high of USD 4,868. The crypto sentiment tracking platform Santiment stated in a post on X that ETH could reach a new all-time high, as retail traders do not believe the current rally. History shows that price moves in "the opposite direction to the expectations of retail traders".

Daily view of cryptocurrency market data. Source: Coin360

In a report shared with Cointelegraph, Standard Chartered stated that aggressive buying by treasury companies of ETH and exchange-traded funds, along with the pace of stablecoin adoption, improves the outlook for ETH. This led the bank to raise its price target for ETH from USD 4,000 to USD 7,500 by 2025.