Welcome to Trade Secrets — Bitcoin and Ether price predictions from top analysts, along with options data, sentiment analysis and prediction markets to determine what they can tell us about the months and years ahead.
XRP to $7.50 if “momentum sustains”; ATH by the end of August?
XRP is gearing up for a massive 160% surge by the end of 2025, predicts Shubh Varma, co-founder and CEO of Hyblock Capital.
Varma tells Magazine that XRP could hit $7.50 by the end of 2025 if the “momentum sustains.” His forecast comes after XRP reached a year-to-date high of $3.66 on July 18 but fell short of retesting its official all-time high of $3.84 from January 2018.
Over the next couple of weeks, Varma says XRP might trade within the $3.25-$3.50 range, which is approximately 12% higher than its current price of $2.85 at the time of publication.
He says the token’s “cooling off” after the recent rally, but strong buying may set it up to creep closer to its all-time highs by the end of August.
Meanwhile, crypto analyst Cryptoes says XRP needs to stay above the “make-or-break” $2.80-$2.95 support range to keep its bullish momentum.
Ether will “rip like 2021” once it taps $4,200: Crypto trader
Ether is set to go into price discovery if it breaks past $4,200, says Merlijn The Trader.
“Break $4,200 and ETH will rip like 2021,” the crypto trader said in a recent X post, pointing to the moving average convergence divergence (MACD) indicator “crossover,” which has previously led to significant price moves.
“Ethereum is setting up for a monster move,” he added.
In 2021, Ether soared over 230% between March and November, topping out at the all-time high of $4,878.
Ether briefly pushed above $4,000 in December 2024 during a post-election rally, but it hasn’t been near $4,200 since 2021.
More than a few traders believe that’s about to change. The Lord of Entry tells Magazine that Ether will break its all-time high of $4,878 by the end of October and push past $5,000 before the year’s up.
Crypto trader MilkyBull Crypto said in an X post, “Ethereum is set for a macro breakout.”
“It will spark off a huge altszn if it happens. A very critical moment for Ethereum.”
Ether’s relative strength against Bitcoin continues to rise
Despite taking a dive over the weekend, Ether is trading at $3,697 at the time of publication and remains up 44% over the past 30 days, according to Nansen.
The asset’s relative strength against Bitcoin continues to climb, up 30% over the past 30 days, according to TradingView’s ETH/BTC ratio.
Growing institutional interest in Ether is a major catalyst behind the momentum. Standard Chartered said in a recent research report that the 10 largest corporate cryptocurrency treasury companies have now bought up 1% of the total ETH supply since the beginning of June.
Over the same period, Ether-focused treasury companies have doubled the pace of investments compared to their Bitcoin-focused counterparts.
While Yellow’s executive chairman, Alexis Sirkia, was hesitant to give Magazine an Ether price prediction, he said he remains super bullish on Ethereum’s infrastructure.
“Ethereum is growing more scalable and user-friendly every day,” he tells Magazine.
“The rest of the market can chase short-term trends. I prefer to concentrate on assets that are truly building the future,” he says.
Solana set to plunge 10% as Ether institutional interest mounts
More big institutions getting into Ether could seriously hurt Solana’s price in the short term, says Derive head researcher Sean Dawson.
“ETH’s recent resurgence appears to be draining both attention and liquidity from competing L1s, particularly Solana,” Dawson tells Magazine.
Dawson pointed out that while Solana’s price is up 10% this past month, it has also dropped 25% compared to ETH, going from 0.06 ETH per SOL to 0.045.
The trend coincides with growing interest in ETH from TradFi, as treasury companies such as Bitmine and The Ether Machine continue to stack their ETH bags.
Dawson points to Solana options data for the Aug. 29 expiry, which shows a concentration of put options around as low as $145, suggesting traders are bracing for a potential 10% drop in SOL during August.
“Crypto Banter” host and trader Fefe Demeny tells Magazine he’s expecting some volatility this month but still sees Solana climbing about 50% from its current price of $161.
“I’m anticipating a quick pullback sometime in August. Under current market conditions, it’s very difficult to make accurate price predictions for the month, but if I had to, I’d say Solana could reach the $240-$260 range,” Demeny says.
Demeny expects Solana to break its all-time high of $293 by October, but he has a much gloomier…
cointelegraph.com