He anchors the view in a recurring intraday structure he says is visible across Bitcoin and multiple large caps: a range forms, the lows are swept, the highs are swept, price returns to the range lows, and momentum begins to base. On Bitcoin specifically, he notes that “RSI on [the] 4-hourly looks like it could turn up,” while acknowledging that short-term direction could still be shaped by the US equity open and broader macro headlines.

Top Altcoins To Watch In Crypto Right Now

Avalanche (AVAX) tops his tactical list. He outlined a limit-bid plan at $22.75, citing a local liquidity pocket down to roughly $22.70, while emphasizing that the more material liquidity sits overhead: “There’s more dense liquidity above us all the way up to $27… on the daily… up to about $28.4, even towards $30 for AVAX.” He framed the trade as asymmetrical because “if we don’t get [the fill] then that’s fine,” whereas a push into the upper liquidity bands could accelerate.

Dogecoin (DOGE) is his highest-conviction swing. He disclosed two concurrent longs—one in a DOGE perpetual and one versus USDT—with an average entry around $0.225–$0.227 and modest leverage on the larger position. The technical map, he argued, has already progressed through the stop-sweep and retest phase: “We had this range… we swept the lows and… back-tested this… little cluster here, bounced off it as support so far.”

In the near term, the crypto analyst is watching the reclaimed range floor as resistance that must flip; beyond that, he sees “much more dense” resting liquidity above current price “all the way up to about 30 cent,” with a broader discussion zone in the mid-$0.40s: “We’ve got red liquidity all the way up to 47 cent, and when we’re up to that level, I’ll start to consider maybe deleveraging.”

His longer-term target framework references Fibonacci extensions: “My take profits [are] at the 1.618 fib… all the way at like $1.19,” while stressing he would adjust sizing “depending on what the market looks like at some of these different levels.”

Cryptoinsightuk also flagged what he called a sentiment-sensitive Fartcoin long carried with higher leverage. The stake is intentionally small given volatility—“we’re 10x on Fartcoin, so we could get liquidated if we come down to like 86 cent… 81 cent I think is a liquidation”—and intended only for a move back to range highs.

On XRP, the crypto analyst describes a similar range-construction to DOGE and AVAX with an initial target at the top of the band. “Primary target would be like this top of the range… structure is similar,” he said, noting that his focus there remains on reactions as prior highs and visible liquidity are approached.

Cardano also made the list with visible liquidity around prior swing highs “up here at this $1–$1.10,” implying a first checkpoint near the $1.10 area, with continuation risk skewed to the upside “once you get to that swing high.”

He devoted more structural nuance to Flare (FLR), calling out a potentially completed or developing corrective sequence that could seed a stronger impulse. “This could be the start of an impulsive move. This could be one, two, three, four, five. This could be like an ABC correction or W-X-Y-Z… triangle… in wave twos… which could then obviously lead to a wave three which would be quite aggressive,” he said, framing FLR as an “interesting structure” rather than a call for immediate participation.

Ethereum, he argued, is trying to repair short-term trend signals even as a nearby liquidity pocket lurks below. “ETH is trying to break this short-term downtrend… challenging this key cluster… You can see… bullish divergences on the hourly time frame,” he said, citing a sequence of lower lows in price against higher lows on RSI. That constructive micro-setup underpins his broader positioning stance: if Bitcoin rotates to the top of its range and retests all-time highs, “you’re probably going to see the most aggressive part of the cycle move when you enter price discovery.”

He rounded out the watchlist with Mantle (MNT), noting he holds a spot allocation and would consider taking profits near $2 if a clean range break materializes. “MNT is at the top of a range… if we do get that range break, it could be quite an aggressive move to the upside. I will be taking profits maybe around the $2 mark,” he said.

At press time, ETH traded at $4,175.

September Will Be Bearish For Bitcoin

In an X (formerly Twitter) post, the crypto analyst points out that the Bitcoin price crash is far from done. This is especially as the month of August is racing toward an end after the start of the month had been more bullish than not. With the new month already swimming into view, the analyst expects Bitcoin to break below a major psychological level.

Doctor Profit explains that the Bitcoin price correction is expected to continue and will bleed into the month of September. What’s more important is the prediction that Bitcoin will eventually crash below $100,000 in September, suggesting that the month will be dominated by bears.

If this happens, it would be the first time since June that the price has crashed below $100,000. So far, the cryptocurrency has spent two consecutive months above the $100,000 level, suggesting that this has become a major support level for the price.

Despite this prediction, the crypto analyst does not believe that the bull market is over. If anything, the crash below $100,000 is expected to only be a temporary correction before the move continues. After the crash, Doctor Profit says the bull market will then continue again.

Historical Data Supports Bearish Month

Doctor Profit’s prediction that the month of September will be bearish for Bitcoin and see the price crash below $100,000 is supported by historical data showing that the digital asset has usually performed poorly for the month. Using data from the CryptoRank website, we can see that 9 out of the last 14 years have seen the Bitcoin price close out the month of September in the red.

The month is, on average, the worst in terms of average returns for BTC investors. It shows an average return of -5.58% over the last 14 years, and a median return of -4.43%. This means that the month of September is established as a bearish month for Bitcoin, and if this trend holds, then it is likely that the price will crash again.

Dogecoin Is Trading Inside A Symmetrical Triangle Pattern

In a new post on X, analyst Ali Martinez has talked about what the triangle that Dogecoin’s 12-hour price is trading inside right now could foreshadow for it. A triangle is a consolidation channel in technical analysis (TA) that forms whenever the price of an asset trades between two converging trendlines.

The upper line of the pattern is likely to be a source of resistance, while the lower one that of support. If the price manages to break past either of these boundaries, it may see a sustained trend in the direction of the break.

Triangles can be of a few different types, but the one that’s of interest here is the Symmetrical Triangle. This variant appears when the trendlines involved are approaching each other at a roughly equal and opposite angle. In other words, the Symmetrical Triangle corresponds to a period of consolidation in a range that tightens with time in an exactly sideways manner.

Now, here is the chart shared by Martinez that shows the pattern that the 12-hour price of Dogecoin has been stuck inside for the past month or so:

As displayed in the above graph, Dogecoin found rejection at the upper level of the Symmetrical Triangle a few days back and has since declined toward its midway point.

Generally, triangle breakouts become more likely to happen the closer the price gets to the apex of the pattern. From the chart, it’s visible that DOGE’s 12-hour price is already a decent way into the triangle, meaning that a breakout may be turning increasingly probable.

Based on the pattern, the analyst believes the coin is preparing for a 40% move. But which direction will this move occur in? Well, in a Symmetrical Triangle, a breakout is usually equally likely to occur in either direction, since the pattern involves no bias.

On top of that, the memecoin is currently also an equal distance away from either trendline, so it’s hard to say which one it will retest next. As such, it only remains to be seen which way Dogecoin will escape the Symmetrical Triangle from and whether any large move will follow.

In another X post, Martinez has also discussed about a triangle pattern forming in another altcoin, Worldcoin (WLD).

As is apparent from the above chart, Worldcoin has just slipped under the lower level of this triangle. “Worldcoin $WLD breakout from triangle formation points toward $0.50!” notes the analyst.

DOGE Price

At the time of writing, Dogecoin is trading around $0.21, down more than 3% over the past week.

Over the past week, ADA has surged 20%, maintaining strong momentum even as broader market sentiment turned cautious. According to CoinGecko data, ADA is up nearly 175% year-on-year, trading near $0.92 after consistently holding green candles across daily, weekly, and monthly charts.

Bitcoin briefly slipped below $115,000, while Ethereum retraced to $4,200 after touching a multi-year high. Yet Cardano has shown resilience, buoyed by technical and macroeconomic factors that are drawing fresh investor attention.

What’s Fueling ADA’s Breakout?

One key driver of ADA’s rally is the formation of a golden cross, a bullish chart pattern historically linked to major price upswings. Crypto analyst Lark Davis highlighted that the last golden cross on Cardano preceded a 236% rally, fueling optimism that a similar move could be underway.

Speculation about a potential Federal Reserve interest rate cut in September has also added momentum. Analysts at Goldman Sachs, Wells Fargo, and Citigroup project a cumulative 75-basis-point reduction by year-end, a scenario that typically encourages risk-on investments like cryptocurrencies.

Adding to bullish sentiment, ADA’s price structure is tightening within a triangle pattern, with $0.98 marked as the key breakout level. A push above this threshold could unleash fresh buying pressure, while support at $0.89 remains crucial to sustaining the trend.

While ADA’s near-term breakout potential looks promising, analysts caution that the ambitious $10 price target remains a long shot in this cycle. Crypto trader Crypto Patel notes that Cardano must first reclaim $1.10, then decisively break the heavy resistance at $2.90, a level that capped gains in the previous bull cycle.

If ADA successfully clears those hurdles, the path toward $4–$5 becomes realistic, setting the stage for higher targets in the future. However, reaching $10 would require a 10x surge from current levels, pushing Cardano’s market cap above $300 billion, a feat dependent on widespread adoption, institutional inflows, and ecosystem growth.

For now, ADA’s resilience in the face of a market dip underscores its strength. Even if $10 remains aspirational, analysts agree that a climb toward $2.50–$3.00 in 2025 would already mark a significant achievement for Cardano investors.

Cover image from ChatGPT, ADAUSD chart from Tradingview

• ADA price started a downside correction below the $0.920 support zone.
• The price is trading below $0.90 and the 100-hourly simple moving average.
• There is a key bearish trend line forming with resistance at $0.940 on the hourly chart of the ADA/USD pair (data source from Kraken).
• The pair could extend losses if it trades below the $0.80 region.

Cardano Price Trims Gains

After a steady increase, Cardano faced sellers above the $1.00 level started a fresh decline, like Bitcoin and Ethereum. ADA traded below the $0.950 and $0.920 support levels.

There was a move below the $0.90 support. The bears pushed the price below the 50% Fib retracement level of the upward move from the $0.7650 swing low to the $1.020 high. There is also a key bearish trend line forming with resistance at $0.940 on the hourly chart of the ADA/USD pair.

Cardano price is now trading below $0.90 and the 100-hourly simple moving average. On the upside, the price might face resistance near the $0.880 zone.

The first resistance is near $0.8920. The next key resistance might be $0.940. If there is a close above the $0.940 resistance and the trend line, the price could start a strong rally. In the stated case, the price could rise toward the $1.00 region. Any more gains might call for a move toward $1.050 in the near term.

More Losses In ADA?

If Cardano’s price fails to climb above the $0.940 resistance level, it could start another decline. Immediate support on the downside is near the $0.840 level.

The next major support is near the $0.8250 level and the 76.4% Fib retracement level of the upward move from the $0.7650 swing low to the $1.020 high. A downside break below the $0.8250 level could open the doors for a test of $0.80. The next major support is near the $0.780 level where the bulls might emerge.

Technical Indicators

Hourly MACD – The MACD for ADA/USD is gaining momentum in the bearish zone.

Hourly RSI (Relative Strength Index) – The RSI for ADA/USD is now below the 50 level.

Major Support Levels – $0.8400 and $0.8250.

Major Resistance Levels – $0.9200 and $0.9400.

According to market expert Zach Rynes, the decentralized oracle network is better equipped than XRP to harness the forthcoming wave of institutional blockchain adoption and the tokenization of trillions in assets.

Chainlink Vs XRP

While some argue that Chainlink and the XRP Ledger (XRPL) do not compete directly on a product basis, Rynes suggests that this perspective overlooks the broader implications of their respective roles in the blockchain landscape. 

The expert highlights that Chainlink offers a platform that encompasses on-chain data delivery, cross-chain interoperability, automated compliance, privacy-preserving computing, and integration with legacy systems. 

These features are considered essential for the tokenization of real-world assets (RWAs) such as funds, equities, commodities, and currencies across diverse blockchain networks, both public and private.

As a result of these advantages, Chainlink is already collaborating with some of the world’s largest financial institutions, including the Central Bank of Brazil, to facilitate the adoption of blockchain technologies and tokenized assets. 

Investing in XRP, according to the expert, hinges on the belief that institutions will favor the XRPL as their ledger of choice over others, including proprietary private chains. 

In contrast, a bet on Chainlink reflects confidence that institutions will adopt blockchain technology more broadly, regardless of which specific ledger they choose to implement. 

Rynes emphasizes that this distinction is crucial, as Chainlink’s services enhance the functionality of any blockchain used by institutions, making it a more complete player in the ecosystem.

Why LINK Is Key For Institutional Blockchain Adoption

Currently, Chainlink secures over $92 billion in total value locked (TVL) across more than 60 blockchain networks through its oracle network, which supports over 450 applications. In comparison, XRPL has a DeFi TVL of around $100 million.

The expert further asserts that the core capabilities that Chainlink provides are more valuable to institutions seeking to navigate the tokenization sector. For instance, data oracles are essential for delivering accurate net asset value (NAV) data for tokenized funds and corporate actions for tokenized equities. 

Cross-chain oracles also enable the secure transfer of assets across different blockchains, facilitating delivery-versus-payment (DvP) and payment-versus-payment (PvP) workflows. 

Additionally, Chainlink’s legacy-system oracles allow traditional financial institutions to interact with public and private blockchains using existing infrastructure and messaging standards, such as SWIFT. 

The expert also notes that a trend of margin compression is emerging for blockchain technology, where the value generated from transaction ordering is increasingly recaptured by applications rather than the networks themselves. 

Rynes highlights that this shift underscores the importance of infrastructure providers like Chainlink, which can monetize their services through enterprise deals and integration programs.

While XRP aims to position itself as a bridge currency, Rynes argues that Chainlink’s ability to facilitate cross-chain transactions involving stablecoins and other assets diminishes the need for such intermediary currencies. 

As of this writing, LINK is trading at $24, down nearly 5% over the last 24 hours. Over longer periods, however, the cryptocurrency has ranked among the market’s top performers, recording year-to-date gains of 140%.

Featured image from DALL-E, chart from TradingView.com 

• XRP price is declining below the $3.020 and $3.00 levels.
• The price is now trading below $3.00 and the 100-hourly Simple Moving Average.
• There is a bearish trend line forming with resistance at $3.00 on the hourly chart of the XRP/USD pair (data source from Kraken).
• The pair could continue to move down if it stays below the $3.10 zone.

XRP Price Dips In The Red

XRP price remained in a bearish zone after a close below the $3.120 level, like Bitcoin and Ethereum. The price extended losses and traded below the $3.00 support zone.

The price even declined below $2.920. Finally, it tested the $2.850 support zone. A low was formed at $2.850 and the price is now consolidating losses below the 23.6% Fib retracement level of the downward move from the $3.095 swing high to the $2.850 low.

The price is now trading below $3.00 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $2.90 level. The first major resistance is near the $2.920 level.

A clear move above the $2.920 resistance might send the price toward the $3.00 resistance. There is also a bearish trend line forming with resistance at $3.00 on the hourly chart of the XRP/USD pair. It is close to the 50% Fib retracement level of the downward move from the $3.095 swing high to the $2.850 low.

Any more gains might send the price toward the $3.050 resistance. The next major hurdle for the bulls might be near $3.120.

More Downside?

If XRP fails to clear the $2.920 resistance zone, it could start a fresh decline. Initial support on the downside is near the $2.850 level. The next major support is near the $2.80 level.

If there is a downside break and a close below the $2.80 level, the price might continue to decline toward the $2.740 support. The next major support sits near the $2.720 zone, below which there could be a larger decline.

Technical Indicators

Hourly MACD – The MACD for XRP/USD is now gaining pace in the bearish zone.

Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now below the 50 level.

Major Support Levels – $2.850 and $2.740.

Major Resistance Levels – $2.920 and $3.00.

This price action shows ongoing investor interest at a time when Ethereum’s relative performance against Bitcoin is attracting attention. Analysts have pointed to Ethereum’s growing strength in both spot and derivatives markets, where ETH is showing resilience against BTC.

On CryptoQuant’s QuickTake platform, contributor EgyHash noted that the ETH/BTC trading pair has reached levels not seen since the beginning of the year, with spot trading volumes climbing to record highs.

This shift in participation highlights Ethereum’s expanding role within the broader crypto market, particularly as institutional activity continues to increase.

ETH/BTC Ratio and Market Participation

According to EgyHash, Ethereum has recovered significantly after reaching a six-year low against Bitcoin earlier this year. The ETH/BTC pair now trades at 0.0368, its highest level in 2025, though still well below past cycle peaks.

Notably, weekly spot trading volumes for ETH relative to BTC reached an all-time high, with Ethereum trading nearly three times the volume of Bitcoin last week. This signals an adjustment in market preference, as traders and investors increasingly allocate toward ETH.

The derivatives market has also reflected this trend. Data shows that ETH/BTC perpetual futures open interest has risen to 0.71, its highest point in 14 months.

This rise suggests stronger speculative positioning around Ethereum. EgyHash emphasized that such increases often signal short-term strength but also warned that Ethereum’s long-term standing against Bitcoin will depend on sustained adoption and continued investor conviction.

Ethereum Institutional Demand and Policy Context

Beyond spot and derivatives activity, institutional demand for Ethereum has been growing steadily. Another CryptoQuant analyst, writing under the pseudonym OnChain, highlighted that investment funds now hold approximately 6.1 million ETH.

This represents a 68% increase compared to December 2024 levels and a 75% rise from April 2025. Alongside these holdings, the fund market premium for ETH has expanded significantly, climbing to a two-week average of 6.44%, far higher than during previous cycle peaks.

OnChain noted that such institutional accumulation reflects both financial and psychological market effects, with entities like BlackRock’s Ethereum ETF expanding exposure. The analyst also suggested that once staking becomes available within ETH-based ETFs, institutional flows could increase further.

This development could coincide with broader US regulatory clarity, as legislation such as the proposed CLARITY Act seeks to formally classify both Bitcoin and Ethereum as digital commodities under federal law.

Featured image created with DALL-E, Chart from TradingView

• Ethereum started a fresh decline below the $4,350 and $4,220 levels.
• The price is trading below $4,350 and the 100-hourly Simple Moving Average.
• There is a bearish trend line forming with resistance at $4,350 on the hourly chart of ETH/USD (data feed via Kraken).
• The pair could continue to move down if it settles below the $4,120 zone in the near term.

Ethereum Price Dips Further

Ethereum price failed to recover and started a fresh decline below the $4,550 zone, like Bitcoin. ETH price gained bearish momentum and traded below the $4,350 support zone.

The bears were able to push the price below the $4,250 support zone. Finally, the price tested the $4,065 zone. A low was formed at $4,065 and the price is now consolidating losses below the 23.6% Fib retracement level of the recent decline from the $4,580 swing high to the $4,065 low.

Ethereum price is now trading below $4,250 and the 100-hourly Simple Moving Average. On the upside, the price could face resistance near the $4,185 level. The next key resistance is near the $4,320 level. It is close to the 50% Fib retracement level of the recent decline from the $4,580 swing high to the $4,065 low.

The first major resistance is near the $4,350 level. There is also a bearish trend line forming with resistance at $4,350 on the hourly chart of ETH/USD. A clear move above the $4,350 resistance might send the price toward the $4,385 resistance.

An upside break above the $4,385 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $4,500 resistance zone or even $4,550 in the near term.

More Downside In ETH?

If Ethereum fails to clear the $4,320 resistance, it could continue to move down. Initial support on the downside is near the $4,065 level. The first major support sits near the $4,020 zone.

A clear move below the $4,020 support might push the price toward the $4,000 support. Any more losses might send the price toward the $3,850 support level in the near term. The next key support sits at $3,620.

Technical Indicators

Hourly MACD – The MACD for ETH/USD is gaining momentum in the bearish zone.

Hourly RSI – The RSI for ETH/USD is now below the 50 zone.

Major Support Level – $4,020

Major Resistance Level – $4,350

At the time of writing, LINK trades around $24.2, marking its highest level in seven months. The move came with strong trading volume, confirming a bullish breakout above the 200-day moving average.

Whale accumulation has played a pivotal role in fueling the rally. On-chain data reveals that large holders scooped up 1.1 million LINK, valued at approximately $27 million, mover the past seven days.

The top 100 wallets also increased their holdings by more than 12%, signaling renewed confidence from institutional and high-net-worth investors.

LINK Wallet Growth Hits 2025 Highs

Beyond whale activity, organic network growth has also surged. Analytics firm Santiment reported that nearly 9,600 new LINK wallets were created in mid-August, while daily transfers from active addresses exceeded 9,800, both setting records for 2025.

Wallet creation and transaction spikes are widely viewed as indicators of healthy adoption. For Chainlink, these metrics suggest that both retail and institutional demand are rising in tandem, potentially supporting more sustainable price growth.

The renewed activity also coincides with the launch of the Chainlink Reserve, a smart contract treasury absorbing tokens from enterprise integrations, which adds deflationary pressure on circulating supply.

Chainlink (LINK)’s expanding footprint in the real-world asset (RWA) sector is further driving optimism. The project recently introduced new ETF and equities data feeds, strengthening its narrative as a bridge between traditional finance and blockchain.

Partnerships with giants like Intercontinental Exchange and SWIFT continue to reinforce its institutional relevance.

Analysts now see $29–$30 as the next major resistance zone. A retest of $20 remains possible if sentiment weakens, but bullish traders argue the momentum is unlikely to fade quickly. Some forecasts even extend mid-term targets to $33–$38, with long-term projections stretching toward $57 and beyond if adoption accelerates.

As Chainlink cements itself as the leading oracle provider and expands its role in tokenized markets, investors are asking the key question: Is $30 just the beginning of LINK’s next major bull run?

Cover image from ChatGPT, LINKUSD chart from Tradingview