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Crypto Price Analysis September-13: ETH, XRP, ADA, BNB, and SOL

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This week, we take a closer look at Ethereum, Ripple, Cardano, Binance Coin, and Solana.

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Ethereum (ETH)

Since last week, Ethereum’s price has remained close to the key resistance at $2,400. Buyers are still trying to reclaim that level as support, but they lack momentum right now, which is why the asset hasn’t moved much since our last update.

Sellers continue to have a hold over the price at the time of this post. However, they failed to make a lower low last week, which gives hope that bulls will eventually push Ethereum higher.

Looking ahead, ETH has to break the current resistance in the coming days if it wants to stop this downtrend. The alternative is a quick fall to the next support levels at $2,100 and $1,800.

ETHUSD_2024-09-13_15-55-20
Chart by TradingView

Ripple (XRP)

Surprisingly, XRP had a good week and closed with a 6% price increase. It also managed to turn the $0.54 level into support. This gives bulls the advantage and shows that the market may be keen to move higher again.

The current resistance is found at $0.68 and could be re-tested if the buying momentum continues. In the past week, buyers have dominated in terms of volume in six our of seven days. This shows demand for this cryptocurrency is strong.

Looking ahead, XRP may soon break into $0.6 and aim to reach the current resistance. A pullback is likely if that level is hit.

XRPUSDT_2024-09-13_15-56-30
Chart by TradingView

Cardano (ADA)

ADA had a great week, closing it with an 11% price increase. This is a refreshing change after a long downtrend that lasted since March. However, the price has to make a higher high to get confirmation that the worst is behind us.

Until the price moves above $0.4, it is too early to say if the downtrend is over. The current price action is promising and the first test will be found at the $0.47 resistance. If bulls manage to break above that level, then there is a good chance ADA will tap a higher high.

Looking ahead, optimism is increasing around this asset, and buyers appear to be returning after they dominated in the past week. Watch closely the resistance at $0.37 in the coming days as it will be decisive on where ADA goes next.

ADAUSDT_2024-09-13_15-55-38
Chart by TradingView

Binance Coin (BNB)

Binance Coin continues to show resilience and has managed to successfully defend the support at $500 for a third time. This is both impressive and a sign of strength. Buyers are back and the price closed the week with an 8% increase.

Hopefully this will be the last test of this key support and BNB can look to higher levels. The current targets are found at $600 and $700 which will likely attract sellers and profit taking if they are reached.

Looking ahead, BNB is well positioned to return on an uptrend and perhaps even aim for the current all-time high at $721 by the end of this year.

BNBUSDT_2024-09-13_15-55-52
Chart by TradingView

Solana (SOL)

This week, Solana tried to break the resistance at $134 but failed, which is holding the price back. Nevertheless, the asset still managed to book a 5% price increase, which shows promise.

Buyers appear undecided, and this price action looks similar to Ethereum, which is also struggling under the key resistance. If the overall market turns bullish, Solana will likely break above its current resistance and return on an uptrend.

Looking ahead, Solana has to turn the resistance at $134 into support to see the price aim for the next key target of $164.

SOLUSDT_2024-09-13_15-56-47
Chart by TradingView
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Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. See Disclaimer for more information.

Cryptocurrency charts by TradingView.

Cryptocurrency

3 Things to Watch in Ripple’s (XRP) Price Today

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XRP is testing the resistance at $2.3. Will it break?

Key Support levels: $2

Key Resistance levels: $2.3, $2.6, $3

1. Key Resistance Under Pressure

Yesterday, buyers pushed XRP to the key resistance at $2.3, but sellers returned to stop a breakout. At the time of this post, the price is in a pullback. Nevertheless, this is a positive sign that shows buyers are returning. If this bullish momentum intensifies, then $2.3 could fall and be followed by a test of $2.6 next.

XRPUSDT_2025-07-01_11-55-28
Chart by TradingView

2. Optimism Returns

With the price keen on making higher highs, optimism is returning to this cryptocurrency. This can be seen on the volume profile where buyers have dominated in the last few days. A break above $2.3 will likely see the volume spike and allow further price expansion into new highs.

XRPUSDT_2025-07-01_11-55-56
Chart by TradingView

3. MACD Turning Bullish

After the daily MACD turned positive last week, the 2-day MACD has also turned bullish today. This shows that the buy momentum is slowly creeping into higher timeframes which will build confidence in the price action and attract more buyers. With a positive feedback loop in action, XRP has a good shot at $2.6 or even higher in July.

XRPUSDT_2025-07-01_11-56-50
Chart by TradingView
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Bitcoin Traders Wait Important Economic Announcements Today, These Altcoins Plummet (Market Watch)

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Bitcoin’s price has retraced by a slight 0.9% in the past 24 hours as traders are expecting a few important economic events during today’s session.

Meanwhile, the broader cryptocurrency market is also reflecting the uncertainty as the majority of altcoins are trading in the red with some charting a lot bigger declines than others.

Bitcoin Price Waits for News

The deep involvement of corporate Bitcoin buyers and institutions has surely played a major role in its price increase over the past year but it’s also the reason why the crypto market has been largely correlated to traditional ones.

A few years ago, literally nobody cared about metrics such as CPI, PMI, and whatnot, but now every crypto trader has them on their watchlist.

As such, today is also shaping up to be a volatile experience with a few important economic events on the calendar.

First, Jerome Powell will speak in the afternoon, followed by data for job openings, PMI, and ISM manufacturing – all indicators that shape policymaking, especially when gauging the strenght of the local economy.

That said, Bitocin’s price is down about 1% on the day and is currently trading at around $106,500 after having tested $109,000 yesterday. It’s interesting to see if the bulls have it in them to push bakc towards the upper boundary of the recent trading range or if the bears will send the price back below $105K.

BTCUSD_2025-07-01_12-41-24
Source: TradingView

Altcoins in Red, Some More Than Others

As you can clearly see in the heatmap below, the altcoins are also not having a great day. This is, perhaps, to be expected – Bitcoin’s dominance over the market has been rising gradually over the past many months and whenever BTC slips, altcoins crash.

The past 24 hours have hardly been a crash, though, but it’s clear that most of them are charting more considerable declines.

This is especially true for TKX, ARB, SPX6900, SEI, and others, that are down between 8% and 15% on the day.

Believe it or not, Bitcoin Cash (BCH) is today’s best performer, gaining more than 6%. Who would have thought?

Screenshot 2025-07-01 at 12.44.19
Source: Quantify Crypto
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Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. See Disclaimer for more information.

Cryptocurrency charts by TradingView.

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How Much You Should Invest in Bitcoin (BTC)? Veteran Trader Peter Brandt Weighs in

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TL;DR

  • The expert advises monthly investments in SPY and BTC for long-term success.
  • The leading cryptocurrency is up 6% this week and trades near $108,000. Analysts are split – some see a breakout to $130K – $200K if key resistance levels are cleared, while others warn of a possible drop to $100K or even $95K if momentum fades.

‘Trading is the Wrong Path’

Besides its fundamentals and ability to transform the global financial system, Bitcoin (BTC) has proven to be an excellent investment opportunity.

At least, that was the case in the past few years: the asset went through multiple bear and bull markets to eventually cross the $100,000 mark. Currently, it trades at around $108,000 (according to CoinGecko’s data), representing a 75% increase on a yearly scale and a substantial 43,000% jump compared to its valuation a decade ago.

But does the leading cryptocurrency remain a good investment after this major rally over the years, and how much should people allocate to it? That’s a question many people are trying to figure out.

It seems that there isn’t a direct answer, and it all depends on the risk profile of the investors, as well as other important factors. However, one can turn to certain experts who are experienced enough to give guidance. 

An example is the veteran trader Peter Brandt, who recently suggested that approximately 95% of people fail when trading. Instead, he advised them to excel in their regular jobs, prioritize their families, and invest in homeownership. Last but not least, Brandt recommended making monthly investments, allocating 80% of the amount to SPY (the ETF that tracks the S&P 500 Index) and 20% to BTC.

The Next Potential Targets

Let’s now take a closer look at BTC’s recent performance and explore its chances for a further pump in the short term. The asset has increased in value by approximately 6% over the past week, with numerous analysts predicting a surge to a new all-time high if certain conditions are met.

The X user Cipher X believes “a strong weekly close” above $107,720 could open the door to a further rally to as high as $130,000-$135,000 in Q3 2025.

“Just look at Q4 2024 chart and you’ll see what happened when BTC had its biggest weekly close,” they added.

Merlijn The Trader thinks the final pump for this bull run is coming, envisioning a fresh ATH of around $200,000 towards the end of the year. At the same time, he advised investors to take profits, anticipating a drastic pullback to $95,000 shortly after that.

On the contrary, Ali Martinez argued that the cryptocurrency currently faces a key rejection while the stochastic RSI flashes a death cross on the daily chart. The analyst thinks a plunge to $100,000 is not out of the question unless “we get a sustained close” above $109,000.

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