Crypto Chaos: BTC Plummets, ETH Rises, XRP Falls – What’s Next? 📉📈

Key points:

Bitcoin’s drop, a tragicomic spectacle, has led to net outflows from BTC ETFs on Tuesday, but buyers, ever the romantic optimists, are likely to step in and arrest the decline near $110,530, as if the market were a tragic play where the hero always returns. 🎭💸
Ether bulls, those valiant underdogs, are trying to flip the $4,094 level into support, indicating a positive sentiment-though one might wonder if they’ve mistaken a bear for a bull. 🐂📉

Bitcoin (BTC) is attempting to bounce off the immediate support near $112,000, but higher levels are likely to attract sellers, as if the market were a masochist with a penchant for pain. BTC’s weakness triggered net outflows of $523.3 million from the US spot BTC exchange-traded funds on Tuesday, per Farside Investors data. That suggests the institutional investors are turning cautious in the near term, a rare occurrence akin to a penguin wearing a top hat. 🐧🎩

Blockchain analytics firm Santiment said in a post on X that BTC’s dip below $113,000 resulted in the most bearish sentiment on social media since June 22. The firm said the retail cryptocurrency traders have flipped bearish, but that is a good sign for patient traders as markets move in the “opposite direction of crowd’s expectations.” A sentiment as reliable as a clockwork orange in a hurricane. ⚙️🌪️

BTC’s fall has pulled several altcoins lower, hurting investor sentiment. Google Trends data shows that global search interest for the term “alt season” fell to 45 on Tuesday, down from the peak of 100 on Aug. 13. A decline as dramatic as a falling star in a desert. 🌟🏜️

What are the important resistance and support levels to watch out for in BTC and the major altcoins? Let’s analyze the charts of the top 10 cryptocurrencies to find out-because nothing says “excitement” like a graph with a 50% chance of predicting the future. 📈🔮

Bitcoin price prediction

BTC fell below the neckline of the inverse head-and-shoulders pattern on Tuesday and reached near the solid support of $112,000. A moment of suspense, as if the market were holding its breath. 🎭

The bulls will try to aggressively defend the $110,530 to $112,000 zone. If the price rebounds off the support zone, the BTC/USDT pair could reach the 20-day exponential moving average ($116,687). A close above the 20-day EMA signals a range-bound action between $110,530 and $124,474-though “range-bound” sounds more like a prison than a market. 🏛️

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The ETH/USDT pair could rise to $4,576 and then to $4,788. Sellers will mount a vigorous defense in the $4,788 to $4,868 zone, but if the buyers have their way, the Ether price could soar to $5,000 and, after that, to $5,662. A rollercoaster ride with no safety harnesses. 🎢

Contrary to this assumption, if Ether’s price turns down sharply and breaks below $4,094, it indicates that the bulls are rushing to the exit. That could sink the pair to the 50-day simple moving average ($3,593). A sad day for bulls, but a feast for bears. 🐻

XRP price prediction

XRP (XRP) turned down from the 20-day EMA ($3.07) and broke below the 50-day SMA ($2.97) on Tuesday. A tragic fall, reminiscent of Icarus with a crypto wallet. 🦅

The bears will try to strengthen their position by pulling the price to the solid support at $2.73. Buyers are expected to defend the $2.73 level with all their might because a close below it could open the gates for a fall to $2.20. A battle of wills, with the stakes as high as a cryptocurrency in a bear market. 🏹

The first sign of strength will be a break and close above the 20-day EMA. That suggests the selling pressure could be reducing. The XRP/USDT pair may then climb to the downtrend line, which is likely to act as a stiff barrier. Buyers will have to pierce the downtrend line to suggest that the correction may be over. A David vs. Goliath scenario, but with more graphs. 📊

BNB price prediction

BNB (BNB) turned down from the $861 resistance but is taking support at the 20-day EMA ($813). A moment of tension, as if the market were playing a game of chicken. 🚗

The bulls will try to push the price above the $861 to $869 resistance zone. If they can pull it off, the BNB/USDT pair could rally to the psychological level of $1,000. A dream, but one that might not come true. 🌙

This positive view will be invalidated in the near term if the price turns down and breaks below the 20-day EMA. The BNB price could then sink to $794 and later to the 50-day SMA ($757). That suggests the pair could consolidate inside the large range between $732 and $861 for some time. A stalemate, but with more numbers. 📈

Solana price prediction

Solana (SOL) fell below the 20-day EMA ($181) and reached the 50-day SMA ($173) on Tuesday. A descent as graceful as a falling leaf. 🍂

The bulls are trying to retain the price above the 20-day EMA. If they manage to do that, the SOL/USDT pair could again attempt a rally to the overhead resistance at $210. Sellers are expected to defend the $210 level, but if the bulls prevail, the Solana price could surge toward $240. A race against time, with the finish line as elusive as a mirage. 🏁

On the other hand, a break and close below the 50-day SMA could sink the pair to the solid support at $155. A drop as sudden as a thunderclap. ⚡

Dogecoin price prediction

Dogecoin (DOGE) has declined to the solid support at $0.21, where the buyers are expected to step in. A moment of hope, though one might question if it’s just another illusion. 🕳️

If the price rebounds off the $0.21 level with strength and breaks above the 20-day EMA ($0.22), it suggests a range formation in the near term. The DOGE/USDT pair could oscillate between $0.21 and $0.26 for some time. A dance of uncertainty, with no clear end. 💃

Instead, if the price turns down and breaks below $0.21, it suggests that the bears are trying to take charge. The Dogecoin price could slump to $0.19 and then to $0.16. That brings the large $0.14 to $0.29 range into play. A game of chess with no clear strategy. 🎲

Cardano price prediction

Cardano (ADA) turned down sharply on Tuesday and fell to the 20-day EMA ($0.84), indicating that the bulls are losing their grip. A moment of despair, as if the market had forgotten its own rules. 🧠

The 20-day EMA is the critical near-term support to watch out for because a close below it could sink the ADA/USDT pair to the 50-day SMA ($0.77). A deeper correction could delay the start of the next leg of the up move. A pause in the dance, but not the end. 💃

Contrarily, a solid rebound off the 20-day EMA signals a positive sentiment. The bulls will then try to drive Cardano’s price toward the $1.02 overhead resistance. A climb as ambitious as a mountain climber in a storm. ⛰️

Chainlink price prediction

Chainlink (LINK) pulled back from the overhead resistance of $27, but the bulls did not cede much ground to the bears. A battle of wills, with the outcome as uncertain as a coin toss. 🪙

The bulls are again trying to drive the price above the $27 resistance. If they manage to do that, the LINK/USDT pair could start the next leg of the uptrend to $31 and subsequently to $36. A journey with no guarantees, but plenty of hope. 🚀

Contrarily, if the Chainlink price turns down sharply from $27 and breaks below $23.36, it suggests that the bulls are booking profits in a hurry. The pair could then reach the 20-day EMA ($21.86), which is likely to attract solid buying by the bulls. A temporary reprieve, but not a victory. 🎯

Hyperliquid price prediction

Hyperliquid (HYPE) plunged below the moving averages on Tuesday, indicating that the bears have maintained the pressure. A moment of despair, as if the market had lost its way. 🧭

The bulls will try to push the price back above the moving average, but are expected to face stiff resistance from the bears. If the price turns down from the moving averages, the HYPE/USDT pair could descend to $36. A fall as inevitable as a falling star. 🌠

Buyers will have to push and maintain the price above the moving averages to signal strength. The Hyperliquid price could then climb to the overhead resistance at $50. A climb as ambitious as a mountain climber in a storm. ⛰️

Stellar price prediction

Stellar (XLM) is witnessing a tough battle between the bulls and the bears at the 50-day SMA ($0.39). A duel of wills, with no clear winner. 🤺

The 20-day EMA ($0.41) has started to turn down gradually, and the relative strength index (RSI) is in the negative territory, indicating a slight advantage to the bears. If the price maintains below the 50-day SMA, the XLM/USDT pair could plunge to $0.36. This is an important level for the bulls to defend because a break below $0.36 could sink the Stellar price to $0.29. A battle for survival, with the stakes as high as a cryptocurrency in a bear market. 🏹

The first sign of strength will be a break and close above the 20-day EMA. If they manage to do that, the pair could climb to $0.47 and later to $0.52. A glimmer of hope in a sea of uncertainty. 🌊

2025-08-20 21:36