๐ Crypto Market Outlook โ Aug 8, 2025
$BTC is holding the $116K zone after Thursdayโs bounce, but bulls face strong selling on rallies. Glassnode says the key battle line is $116.9K โ staying above it means demand is taking back control. A drop below could open the door to $110K.
$ETH broke $3,745 and touched $3,941, with eyes now on the $4,094 resistance. Above that, bulls could aim for $4,868.
#XRP surged from $2.95 to $3.24, breaking its 20-day SMA. Target: $3.66 โ but failure there risks a fall back toward $2.95.
#BNB is testing resistance at $794โ$815. A breakout retests the ATH at $861, while losing $761 could spark a slide to $732.
#Solana is fighting to break $178, aiming for $195 if cleared. Key support zone: $155โ$163.
#Dogecoin is flat near $0.22 โ a push over 20-day SMA could lead to $0.25โ$0.26.
#Cardano holds above $0.78; breaking $0.94 may send ADA toward $1.17.
#Hyperliquid (HYPE) must reclaim moving averages to avoid a drop to $32.
#Stellar targets $0.52 after reclaiming its 20-day SMA. Above that? $0.61.
#SUI is challenging $4.00, with $4.30โ$4.44 as heavy resistance. Break it, and $5 comes into view.
๐ Bulls are pushing across the board, but overhead resistances are being tested everywhere. If key breakouts confirm, the next few weeks could be explosive.