Kryptodata

  • Market Cap: $3,438,294,902,427.37
  • 24h Vol: $314,807,523,172.06
  • BTC Dominance: 57.05%

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BTC, ETH, BNB, XRP, DOGE, ADA, SOL, MATIC, LTC, DOT: Price Analysis on 8/16

BTC, ETH, BNB, XRP, DOGE, ADA, SOL, MATIC, LTC, DOT: Price Analysis on 8/16

Market slumps continue, giving advantage to bears and hinting at a trend change to the downside.

Bitcoin may remain quiet for a few more weeks before making a move in September.

Bitcoin expected to hit a new all-time high by Q4 2024 and a new cycle peak by Q4 2025.

Bitcoin investor expects market to take 12-18 months after halving to price-in effects.

Bitcoin and major altcoins may remain range-bound in the near term.

Bitcoin price analysis shows minor advantage to bears, with potential slide to $28,585 support.

Ether price analysis suggests bears have upper hand, with potential drop to $1,700 support.

BNB price analysis shows uncertainty resolved to the downside, with potential drop to $220 support.

XRP price analysis indicates bears remain in control, with potential drop to $0.56 support.

Dogecoin price analysis shows advantage tilted in favor of bears, with potential drop to $0.06 support.

Cardano price analysis shows bears firmly in control, with potential drop to $0.24 support.

Solana price analysis suggests bears trying to sustain price below 50-day SMA, with potential drop to $22.30 support.

Polygon price analysis indicates selling may have been overdone in the near term, with potential rebound to $0.65 resistance.

Litecoin price analysis shows bears in command, with potential drop to $70 support.

Polkadot price analysis suggests bears continue to sell on every minor relief rally, with potential decline to $4.22 support.

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