Traders expect cryptocurrency prices to rise

Traders expect cryptocurrency prices to rise

by Tom Warner
Traders

The cryptocurrency market is seeing activity from traders who predict price growth for some cryptocurrencies by the end of the year. Experts have different opinions on the future of digital asset prices.

Bitcoin: New Records or Stability?

Bitcoin is fluctuating in a certain range, but traders are hoping for a breakout above $105,000. This could signal a rise in value to $130,000 and higher. Some analysts predict that institutional demand could push Bitcoin to $200,000 by the end of 2025.

Ether: Growth Prospects or Correction?

Ethereum is also fluctuating, falling below $2,550. However, traders believe that a breakout above this level could push the price to $3,000. At the same time, a breakout below $2,400 could signal weakness among the bulls and a correction in the market.

Hyperliquid: Resistance and Growth Prospects

Hyperliquid is facing resistance at $28.50. A break above this level could push the price to $35.73. However, a drop below $28.50 could signal profit-taking by the bulls.

Monero: Correction or Growth?

Monero has risen sharply to $353, but a small pullback shows that the bulls are holding their positions. A break above $353 could push the price to $422. At the same time, a drop below $331 could signal a correction in the market.

AAVE: Resistance at $240

AAVE is also facing resistance at $240. A break above this level could push the price to $280-$300. However, a drop below $240 could signal a defense of the level by the bears.

Traders and analysts continue to monitor the developments in the cryptocurrency market and make predictions about the future of digital asset prices.

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