$658M Liquidated: What’s Next for BTC, ETH and XRP in This Volatile August?

Omada Apeh
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Omada Apeh
Omada is an experienced crypto journalist delivering in-depth analysis and insights on the ever-evolving world of cryptocurrency and blockchain. Her expertise spans market trends, regulatory developments,...
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As August begins, the crypto market is uncertain for the top 3 coins. Bitcoin, Ethereum and XRP have shown unique patterns that experts think will guide their price predictions in the coming weeks. What does this August crypto outlook mean for investors? Should they hold or watch digital their assets?

The market recently saw over $658 million in liquidation in just 24 hours, mostly from long positions. This is a big move that experts speculate shows growing bearish sentiment. Experts point to geopolitical events like new tariffs as the trigger for the downturn.

Bitcoin: Testing Major Levels around $113K

Bitcoin set out August at around $113,000, down 8% from the all-time high of $123,000. ETF outflows also added pressure. reports claim that over $800 million left in one day, the biggest outflow since February 2025. Indicators like the MACD also showed bearish signals while resistance is strong at $115K .

August Crypto Outlook
$BTC August Crypto Outlook

Right now, $BTC trades at $114,657, support is between $110K-$112K. If Bitcoin goes below $110K, a deeper pullback to $107K is possible. $BTC is projected to stay in this range unless a big catalyst appears, like institutional demand or a policy change.

Bitcoin Bull Case

If Bitcoin holds support and whale selling subsides, it can break above $115K and trend to $120-$125K by end of month. Positive news or a change in ETF flows can spark buying.

Bitcoin Bear Case

Whale selling and ETF outflows can take BTC below $110K and test $107K or lower. Weak demand or negative macro news can keep the pressure down.

Ethereum: Make or Break

Ethereum is at $3,555 today, 3% off the recent highs . Ethereum is down 30% from the peak of $4,890 in late 2021 and the charts are neutral with RSI at 52-53. It has cleared the $3,400 zone and is just above $3,500. Trading Volume shows possible institutional activity.

If ETH holds above $3,500 and builds a base between $3,200-$3,300, the bulls can push to $3,800-$4,000 by mid-August. August crypto outlook has Ethereum in a consolidation phase right now but success or failure at these levels will determine the next move.

August Crypto Outlook
$ETH August Crypto Outlook

Ethereum Bull Case

Breaking and holding above $3,500 can lead to momentum towards $3,800 and maybe $4,000. Institutional flows like staking ETFs or positive regulatory news can boost prices.

Ethereum Bear Case

If ETH fails to hold $3,500 and goes below $3,200, a drop to $3,000 or lower is possible. Market pessimism or ETF selling can deepen the pain.

XRP: Volatile and Watching Key Resistance

XRP is at $3.01, up 4.91% in 24 hours. The recent strength took XRP to $3.64 before the pullback. XRP is now at resistance $3.25-$3.30; a zone it must break to regain confidence.

Trading Volume for XRP is strong sowing bigger players are active. Some on-chain indicators even suggest XRP is oversold and could bounce. However, if it fails to break resistance, it could decline to $2.60. For August crypto outlook, experts project that XRP could be the riskiest of the three as investors may either get a big reward or big downside.

August Crypto Outlook
XRP August Crypto Outlook

XRP Bull Case

If XRP goes above $3.30 and holds, it could retest July high at $3.60 and maybe $4. Some analysts have a target of $4-$4.40.

XRP Bear Case

Rejection at $3.25-$3.30 puts XRP under pressure. A drop below $2.85 could take it to $2.60 or lower if broader market is weak or regulatory doubts resurface.

Price Outlook Table – Early August Crypto Outlook

CoinCurrent PriceNear-Term RangeBull Case TargetBear Case Risk
BTC$114,657$110K–$115K$120K–$125K$110K – $107K
ETH$3,555$3,200–$3,500$3,800–$4,000$3,400 – $3,000
XRP$3.01$2.60–$3.30$3.60–$4.40$2.85 – $2.60

 

Why This Month Matters

August often bring headlines or slow volume in traditional markets such that many analysts tag it a bear month for crypto. Naturally in the world of cryptocurrencies, it can be surprises or corrections.

Bitcoin’s persistence around psychological levels, Ethereum’s battle at $3,500 and XRP’s volatility defines a delicate tightrope. August crypto outlook is all about whether support holds and if new institutional or macro news breaks through.

Conclusion

Based on the latest research, this August crypto outlook is a calm start to August’s likely paths. Bitcoin and Ethereum are on shaky but solid floors, XRP could go either way. It will be important to see if traders defend support or push prices back above resistance.

Whichever coin cracks first will possibly lead the way. Investors and traders are advised to stay alert, watch how support zones behave and keep an eye out for macro news that could change everything.

Stay up to date with expert analysis and price predictions by visiting our crypto news platform.

Summary

August crypto outlook finds Bitcoin ranging from $110K-$115K, Ethereum around $3,500, XRP $2.60-$3.30. Bull cases lean on if demand or support holds. Bear cases lean on ETF outflows, whale selling or macro. 

FAQs

Why do these support and resistance levels matter?

They show where traders expect buying or selling pressure to kick in. Above support and buyers might get encouraged, below resistance can lead to more gains.

Are institutions really moving the price?

Yes, ETF inflows, big holder trades and altcoin speculators all impact trend direction.

Which coin looks weakest of the three mentioned above?

XRP seems to be the weakest. It needs to clear $3.30 to keep the rally going. Below $2.85 and it could lead to a sharp downside.

Glossary

Support level: A price zone where buying interest comes in and prevents further down.

Resistance level: A price zone where sellers step in and cap the upside.

ETF outflows: Selling of assets by ETFs which takes demand away from crypto.

MACD (Moving Average Convergence Divergence): A momentum indicator that signals trend changes.

RSI (Relative Strength Index): An oscillator that shows overbought or oversold conditions.

Sources

Cryptonews

BeInCrypto
Coinpedia
Investing.com
Coinpaper

Disclaimer

The price predictions and financial analysis presented on this website are for informational purposes only and do not constitute financial, investment, or trading advice. While we strive to provide accurate and up-to-date information, the volatile nature of cryptocurrency markets means that prices can fluctuate significantly and unpredictably.

You should conduct your own research and consult with a qualified financial advisor before making any investment decisions. The Bit Journal does not guarantee the accuracy, completeness, or reliability of any information provided in the price predictions, and we will not be held liable for any losses incurred as a result of relying on this information.

Investing in cryptocurrencies carries risks, including the risk of significant losses. Always invest responsibly and within your means.

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Omada is an experienced crypto journalist delivering in-depth analysis and insights on the ever-evolving world of cryptocurrency and blockchain. Her expertise spans market trends, regulatory developments, and innovative use cases. She is dedicated to providing accurate and engaging content for crypto enthusiasts and newcomers alike.
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