Crypto news

Crypto Chaos: Will ETH Rule?

BBG News

A Most Peculiar State of Affairs:

  • Bitcoin, it appears, has retreated – a most undignified stumble back to the $115,000 to $110,530 zone, where, one presumes, brave souls are attempting to hold the line. A defense, they say, is expected. Oh, the drama! 🎭

  • Ether, meanwhile, is holding its ground – clinging to resistance as if its very existence depended upon it. Investors, it seems, are throwing money at these… *spot ETH ETFs*. Such extravagance!

It appears repeated attempts to propel Bitcoin (BTC) beyond the lofty $120,000 mark have proven fruitless, a spectacle that has tempted some short-term traders to, shall we say, *secure* their profits. This caused a rather unpleasant dip below $115,000 on Friday. A minor setback, of course… for some.

Now, Swissblock, a firm of market ‘insights’ (as if anyone truly understands these things), suggests this consolidation has shifted the affections of investors towards Ether (ETH). A capital rotation, they call it. As if coins have legs and simply *walk* from one portfolio to another! 🙄

Farside Investors, those diligent number-crunchers, report that these… *spot ETH exchange-traded funds* (a mouthful, wouldn’t you agree?) have received a rather astonishing $2.4 billion in the past six trading days. Far exceeding the paltry $827 million bestowed upon Bitcoin ETFs during the same period. The indignity! 💸

Michael Novogratz, a gentleman of Galaxy Digital, declared on CNBC (a veritable den of speculation!) that ETH might, *possibly*, “outperform Bitcoin” in the coming months. A bold claim, indeed. He added that a breach of $4,000 could unleash “price discovery.” Such fancy terminology for a simple climb!

But Arthur Hayes, the co-founder of BitMEX, outdoes them all. He anticipates ETH reaching a fantastical $10,000 by year’s end. A truly preposterous sum! One wonders if he’s been sampling the local delicacies. 🤪

And so, we are left to ponder the critical support and resistance levels. Let us, then, examine the charts of these top 10 cryptocurrencies and attempt to decipher their cryptic messages. Good luck to us all! 🙏

Bitcoin price prediction

BTC has succumbed to the pull of the 20-day simple moving average ($116,305), a sign, some say, that the bears are stirring. A worrying development!

However, the bulls are not entirely defeated. They are expected to defend the zone between $116,305 and $110,530 with a ferocity that would shame a cornered badger. A sharp rebound from this zone would suggest optimism remains, and a break above $123,218 is… possible. Should this occur, the pair might surge to $135,729! A most astonishing prospect.

But alas, if the price continues its descent and falls below $110,530, then the optimistic view is dashed. A precipitous drop towards the vital support of $100,000 is then likely. Oh, the despair! 😱

Ether price prediction

ETH is facing resistance at $3,745, a stubborn barrier to advancement. However, the bulls have not yet yielded much ground. A most encouraging sign, perhaps.

A tight consolidation near such resistance suggests a break is forthcoming. A rise above $3,745 could lead to $4,094, and then, should fortune favor them, to $4,868! But do not hold your breath.

The first line of defense, should the bulls falter, is at $3,500. A breach of this level opens the path to the 20-day SMA ($3,234). A break below this, and the advantage swings decidedly to the bears.

XRP price prediction

Buyers attempted to push XRP (XRP) above $3.66, but the bears, those relentless antagonists, held their ground.

Failure to continue the upward trajectory may tempt short-term buyers to… *liquidate* their holdings. This caused a retreat to the 20-day SMA ($2.96), which is expected to provide some solace. A rebound from here could signal another attempt to breach $3.66, leading to $4 and then to $4.50. A most optimistic scenario, wouldn’t you agree?

But, alas, should the price fall below the 20-day SMA, a deeper correction to $2.60 is anticipated. A rather gloomy outlook! 😥

BNB price prediction

BNB (BNB) reached a new, and frankly rather excessive, high of $809 on Wednesday, only to find that such heights are difficult to sustain.

The pullback is finding support in the $761 to $732 zone. A shallow retreat suggests the bulls are not yet panicking. A return above $809 could propel the pair to $900! A dizzying prospect.

However, should the price fall and remain below the 20-day SMA ($714), it may indicate that the break above $794 was merely a deception. A most unpleasant trick!

Solana price prediction

Solana (SOL) tumbled from the $209 resistance on Wednesday and breached the $185 level on Thursday. A most disheartening turn of events.

Strong support can be found at the 20-day SMA ($171). A rebound from here could lead to another attempt to exceed $209, potentially reaching $240 and then $260. A glimmer of hope, perhaps?

But a break below the 20-day SMA suggests the bulls are losing their grip. The pair may fall to the 50-day SMA ($157). A delay in the upward trajectory is inevitable.

Dogecoin price prediction

Dogecoin (DOGE) has been oscillating between $0.14 and $0.29 for days, a pathetic dance of buying and selling.

The price retreated from $0.29 on Monday but is expected to find support at the 20-day SMA ($0.21). A rebound from here could lead to another attempt to reach $0.29, potentially initiating a new uptrend towards the target of $0.44. A most unlikely outcome, one suspects.

But if the price dips below the 20-day SMA, the pair may remain trapped within this range for an indefinite period.

Cardano price prediction

Cardano (ADA) is finding support at the 20-day SMA ($0.74), but the bears are lurking, eager to sell at the slightest opportunity.

A break below the 20-day SMA suggests a lack of demand. This opens the door to a fall to the 50-day SMA ($0.66). A truly dreadful prospect.

Conversely, a rebound from the 20-day SMA indicates strong support. The bulls will attempt to push the price to $0.86 and then to $0.94. A breakthrough at $0.94 could reignite the upward move to $1.02 and then to $1.17.

Hyperliquid price prediction

Hyperliquid (HYPE) fell below the 20-day SMA ($44.29) and reached the support line of an ascending channel. A precarious position, indeed.

The 50-day SMA ($40.69) is nearby, suggesting the bulls will defend this level. A rebound from the support line and a rise above the 20-day SMA could indicate the pair will remain within the channel, climbing to $48 and then $49.87.

But a break below the support line signals a deeper correction. The pair may plummet to $36 and then to $32. A most unfortunate turn of events!

Stellar price prediction

Stellar (XLM) pulled back from $0.52 and reached the 20-day SMA ($0.40), which is likely to attract some… hopeful souls.

A rebound from the 20-day SMA could propel the pair towards $0.52. A break above this level suggests the start of a new upward move to $0.64. A most improbable outcome, one might add.

But a break below the 20-day SMA suggests short-term bulls are taking profits. The pair may then fall to the 61.8% Fibonacci retracement level of $0.34.

Sui price prediction

Sui (SUI) retreated from the $4.30 resistance, indicating that the bears are not to be trifled with.

The $3.55 level is crucial. A rebound from here could lead to a range between $3.55 and $4.30. A break above $4.30 could send the pair soaring.

But if the price continues to fall below $3.55, the bulls have surrendered. The pair may then decline to the 50-day SMA ($3.20).

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2025-07-25 21:54

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