Cryptocurrencies Price Prediction: Bitcoin, Ethena & Solana – Asian Wrap 21 August

Top 3 Price Prediction: Bitcoin, Ethereum, Ripple – Bulls in control with BTC heading toward $80,000, ETH $2,500, XRP $1.50

Bitcoin price trades at $74,700 on Friday, extending its breakout above the major Exponential Moving Averages (EMAs) and keeping a clear bullish near-term bias. The 50-day, 100-day and 200-day EMAs at $65,286, $66,727 and $71,545 sit well below price, suggesting a firmly supported uptrend after the strong surge in volume accompanying the latest leg higher.

Crypto Overview: Bitcoin eyes $75,000 breakout as Ethena and Pump.fun extend rally

Ethena is up 6% on Friday, following a 25% rally the previous day. ENA holds a bullish near-term bias as price trades well above the 50-day EMA at $0.0888, while still capped below the longer-term 200-day EMA at $0.1239. Momentum remains constructive, with the MACD maintaining a positive slope and the RSI hovering near 78, suggesting strong but overbought upside pressure.

Solana Price Forecast: ETF inflows, improving liquidity conditions lift SOL

Solana (SOL) extends its strong weekly gains, up more than 19% so far this week, and is approaching the key 200-day EMA at $89 on Friday. This bullish price action is supported by crypto markets continuing to cheer the US Treasury’s decision to double its debt buyback operations. In addition, institutional demand for SOL continues to strengthen this week. The constructive technical outlook suggests further gains if SOL breaks above the 200-day EMA resistance.