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Bitcoin slumps, but LTC, CRO, ENA, and MNT remain strong on the charts

2025-08-05 16:22:55

Main Idea

Bitcoin is experiencing selling pressure near $115,000, while LTC, CRO, ENA, and MNT show strength on the charts, with potential for upward movement if Bitcoin holds key support levels.

Key Points

1. Bitcoin faces selling near $115,000, with support at $112,000; a break below could lead to a drop to $105,000 or $100,000.

2. Litecoin (LTC) shows strength, bouncing off $107, with potential to rise to $130 if it holds above $122.

3. Cronos (CRO) dipped below the 20-day SMA but rebounded; a break above $0.15 could lead to a rally to $0.17 or $0.19.

4. Ethena (ENA) recovery stalled at $0.70, but bulls bought the dip to the 20-day SMA ($0.54); a break above $0.70 could push it to $0.82 or $0.96.

5. Mantle (MNT) shows bullish signs with the 20-day SMA at $0.78; a hold above $0.85 could start an up move to $0.94 or $1.06.

Description

Bitcoin is facing selling near $115,000, but LTC, CRO, ENA, and MNT are bucking the trend and showing strength on the charts.

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$CRO
$0.13939
-0.29%
$LTC
$116.49
-9.01%
$BTC
$113993.5
-0.72%
$ENA
$0.5702
-2.80%

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