Price predictions 8/6: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, HYPE, XLM, SUI

Key Points

1. Bitcoin (BTC) is consolidating between $112,000 and $115,720, with analysts divided on its near-term direction; some remain bullish, predicting a surge to $200,000-$250,000 by year-end.

2. Ether (ETH) faces resistance at $3,745; a break above could lead to $3,941-$4,094, while a drop below $3,300 may push it to the 50-day SMA ($3,058).

3. XRP is stuck between the 50-day SMA ($2.69) and 20-day SMA ($3.16); a break above the 20-day SMA could signal the end of its corrective phase.

4. BNB shows resilience near the 20-day SMA ($774); a breakout could push it to $794-$861, while a drop below $732 may lead to a sharp decline.

5. Solana (SOL) is testing the 50-day SMA ($162); a break above $185 could retest $209, but a drop below $155 may sink it to $144-$137.