August represented a significant change in cryptocurrency market structure after the relatively subdued conditions seen during July. Bitcoin broke decisively out of its previous consolidation and moved above USD 80,000 during the final part of the month, while Ethereum accelerated toward the psychologically important USD 2,500 region.
The strength was not limited to Bitcoin. XRP recovered sharply from the USD 1 area, Hyperliquid extended its rally into the USD 80 region, and Dogecoin moved away from its yearly lows. Cardano and PEPE also improved, although their technical structures remained less convincing than those of Bitcoin, Ethereum and HYPE.
Market-wide data supports the change visible in the charts. Bitcoin gained roughly 25% during August, while Ethereum advanced approximately 32.5%, according to CoinMarketCap. Around 70 of 84 non-stablecoin assets in the current top 100 finished August higher, showing that participation broadened substantially compared with previous months.
Institutional flows also strengthened. US spot Bitcoin ETFs recorded approximately USD 3.52 billion in August net inflows, while spot Ethereum ETFs attracted roughly USD 1.85 billion, according to SoSoValue.
The technical question entering September is therefore no longer whether the market can recover from its yearly lows, but whether August’s breakout can develop into a sustainable trend without surrendering newly reclaimed support levels.
Bitcoin delivered the most important technical breakout of the summer during August, escaping the consolidation structure that dominated June and July.
The daily chart shows BTC near USD 79,815, substantially above the USD 66,500 resistance area that had capped previous recovery attempts. Price briefly moved above USD 80,000 before entering a relatively tight consolidation immediately below the major USD 85,000 resistance level.
This represents a substantial improvement from July, when Bitcoin remained trapped between USD 61,300 and USD 67,500. The July report specifically identified a sustained breakout above USD 67,516 as the first major bullish confirmation required to strengthen the recovery.
August delivered that confirmation. Bitcoin now trades above all three major exponential moving averages shown on the chart. The 50-day EMA stands near USD 72,088, the 100-day EMA near USD 70,274, and the 200-day EMA around USD 72,749.
The breakout above the 200-day EMA is particularly important since this average had acted as long-term dynamic resistance throughout the previous decline.
Price also broke through the USD 66,500 horizontal resistance with a large expansion in trading volume. The combination of a horizontal breakout, rising volume, and reclamation of the major moving averages provides considerably stronger technical confirmation than the smaller recovery attempts seen earlier in the year.
August market data confirms the magnitude of the move. Bitcoin started the month around USD 62,800 and climbed above USD 80,000 late in August, with the August 28 high around USD 81,300.
RSI stands near 65.56, putting momentum firmly above the neutral 50 level without remaining deeply overbought.
The RSI briefly pushed above 70 during the breakout before cooling as BTC consolidated near USD 80,000. This is constructive since price has retained most of its gains even as the momentum indicator normalized.
MACD remains above the zero line, confirming that the broader momentum structure is positive. However, the supplied chart shows the MACD line around 3,124 compared with the signal line near 3,340, producing a slightly negative histogram. This indicates that the speed of the rally is moderating.
Bitcoin enters September with its strongest technical structure in several months.
Immediate Resistance: USD 85,000
Key Support: USD 72,000-USD 70,000, followed by USD 66,500 and USD 62,300
The next major challenge is USD 85,000. A sustained daily close above this level would establish another higher high and confirm continuation of the August breakout.
On the downside, the USD 70,000-USD 73,000 region has become especially important since all three major moving averages are concentrated around this area.
A correction toward this region would therefore represent a significant test of whether former resistance has successfully converted into support. Below the moving averages, USD 66,500 represents another major structural level. A decline below this region would weaken the breakout considerably.
The chart also identifies USD 62,300 as deeper horizontal support and approximately USD 57,800 as the yearly low.
August marked a decisive change in Bitcoin's technical structure.BTC escaped its multi-month consolidation, reclaimed the 50-day, 100-day, and 200-day EMAs, and advanced toward USD 80,000 on expanding volume.
Momentum remains positive, although RSI has cooled from overbought conditions and MACD indicates that short-term acceleration is slowing.
As long as Bitcoin remains above the USD 70,000-USD 73,000 moving-average cluster, the broader August breakout remains technically intact. The next major test is whether buyers can overcome USD 85,000.
Ethereum produced an even stronger percentage recovery than Bitcoin during August, breaking out from its prolonged consolidation and rapidly moving toward USD 2,500. The daily chart shows ETH around USD 2,494, immediately below the major USD 2,500 horizontal resistance.
The move represents a dramatic change from July. Ethereum had previously struggled around USD 1,900 and remained below its 100-day and 200-day EMAs. The July report identified USD 1,930-USD 1,950 and approximately USD 2,170 as the primary resistance zones required to confirm a stronger recovery.
Ethereum broke through both during August. The chart now shows the 50-day EMA around USD 2,215, the 100-day EMA around USD 2,110, and the 200-day EMA around USD 2,182. Price trades substantially above all three.
The breakout was also accompanied by a sharp increase in volume, particularly during the move through USD 2,000-USD 2,200.
August data broadly confirms the chart structure. Ethereum advanced from roughly USD 1,845 at the beginning of the month toward approximately USD 2,480 by month-end, while recording an August gain of around 32.5%.
Ethereum's RSI stands near 63.41, indicating bullish momentum without currently being overbought. Like Bitcoin, ETH briefly entered stronger momentum territory during the initial breakout before RSI cooled as price consolidated below resistance.
MACD remains comfortably above zero, reflecting the strength of August's advance. However, the MACD line has moved slightly below its signal line, and the histogram has turned negative. This indicates declining short-term momentum after the rapid rally.
The important distinction is that momentum is slowing while price remains close to its highs rather than collapsing back toward the breakout zone.
Ethereum is approaching an important resistance test after August's sharp rally.
Immediate Resistance: USD 2,500, followed by USD 3,000
Key Support: USD 2,215-USD 2,100, followed by USD 2,000
A confirmed breakout above USD 2,500 would establish another higher high and potentially open the path toward the much larger psychological resistance around USD 3,000.
The first major support zone lies around USD 2,100-USD 2,215, where the 50-day, 100-day, and 200-day moving averages are concentrated. Below this cluster, USD 2,000 remains a major psychological and structural level.
August transformed Ethereum's technical outlook. ETH broke above USD 2,000, reclaimed all three major moving averages,s and advanced toward USD 2,500.
RSI remains constructive around 63, although MACD indicates that the initial breakout momentum is cooling.
Holding above the USD 2,100-USD 2,200 region would preserve the broader recovery structure. A sustained move through USD 2,500 would provide the next major bullish confirmation and bring USD 3,000 into focus.
XRP experienced one of the most dramatic structural improvements among the assets covered in this report. After spending much of July close to the psychological USD 1 support, XRP surged during the second half of August and briefly approached the USD 1.60-USD 1.70 region before entering consolidation.
The chart places XRP around USD 1.39. Importantly, XRP now trades above its 50-day EMA near USD 1.27, 100-day EMA near USD 1.24, and 200-day EMA around USD 1.35.
This represents a major reversal from July, when XRP remained below all three moving averages, and the July report described USD 1.13-USD 1.30 as the resistance region required to improve its medium-term structure.
August's breakout decisively cleared that region. The chart shows particularly strong volume accompanying the initial breakout from USD 1, strengthening the technical validity of the move.
Market data also confirms that XRP participated aggressively in the second-half rally. During the broad market surge around August 21, XRP had gained nearly 40% over the week.
XRP's RSI stands near 57.13, remaining above neutral territory but well below the overbought levels reached during the initial breakout. That decline reflects cooling momentum after the sharp August surge.
MACD remains above zero, meaning the broader momentum structure is still considerably stronger than it was during July. However, the MACD line has moved below its signal line, and the histogram has turned modestly negative. This suggests that XRP is consolidating rather than continuing its earlier acceleration.
XRP has shifted from bearish consolidation into a substantially stronger recovery structure.
Immediate Resistance: USD 1.50-USD 1.60, followed by USD 1.90
Key Support: USD 1.35-USD 1.30, followed by USD 1.00
The most important immediate development is XRP's position around the 200-day EMA near USD 1.35. Holding above this level would preserve the bullish improvement created during August.
A renewed move through USD 1.50-USD 1.60 would place XRP back toward the major USD 1.90 resistance level marked on the chart.
Conversely, a sustained decline below USD 1.30 would return price beneath the key breakout region and increase the probability of a deeper correction.
August delivered XRP's greatest technical improvement in months. The token broke away from USD 1, reclaimed all major moving averages, and briefly accelerated toward USD 1.60-USD 1.70.
Momentum has cooled, with RSI around 57 and MACD weakening from its August peak, but the broader structure remains significantly stronger.
Holding USD 1.30-USD 1.35 is now critical. Above that region, XRP retains the potential to challenge USD 1.50-USD 1.60 and eventually the major USD 1.90 resistance.
Cardano improved during August but remained noticeably weaker than Bitcoin, Ethereum, and XRP. The chart places ADA around USD 0.2063, slightly above its 50-day EMA near USD 0.1989 and 100-day EMA around USD 0.2004.
However, Cardano remains below its 200-day EMA near USD 0.2414, meaning the longer-term technical structure has not yet completed a bullish reversal.
ADA rebounded strongly from the USD 0.138-USD 0.150 region and briefly approached USD 0.24 during August before retracing.
The Fibonacci structure on the supplied chart provides several useful levels. Price is currently positioned below the 0.50 retracement around USD 0.2135, while the 0.618 level sits near USD 0.2312. Above these levels, USD 0.2455-USD 0.2564 represents a larger resistance zone.
Cardano's RSI stands around 50.40, almost exactly at the neutral threshold. This suggests neither buyers nor sellers currently possess a decisive momentum advantage.
MACD remains slightly positive overall, but the MACD line has slipped beneath the signal line, and the histogram is negative.
The combination points toward consolidation following August's recovery rather than immediate trend acceleration.
Cardano's recovery remains constructive but requires additional confirmation.
Immediate Resistance: USD 0.213-USD 0.231, followed by USD 0.241-USD 0.256
Key Support: USD 0.196-USD 0.200, followed by USD 0.174 and USD 0.150
A sustained move above USD 0.213 would allow ADA to challenge the USD 0.231-USD 0.241 region. The 200-day EMA around USD 0.241 is particularly important. Reclaiming it would provide stronger evidence that Cardano has moved beyond its previous corrective trend.
On the downside, the USD 0.196-USD 0.200 region combines Fibonacci support with the 50-day and 100-day EMAs.
Cardano participated in August's market recovery but has not yet produced the same technical strength as BTC, ETH, or XRP. Price has reclaimed its shorter-term moving averages, but remains below the 200-day EMA.
With RSI almost exactly neutral and MACD cooling, ADA requires a breakout above USD 0.213- USD 0.231 before momentum can strengthen materially.
Hyperliquid delivered one of the strongest technical performances; the daily chart shows HYPE around USD 86.42, following a substantial rally from approximately USD 51.20 in early August. The move created a clear sequence of higher highs and higher lows before price entered an ascending consolidation structure.
HYPE now trades substantially above all three major moving averages. The 50-day EMA stands around USD 71.55, the 100-day EMA near USD 65.05, and the 200-day EMA around USD 56.65.
This separation between price and the major moving averages illustrates the strength of the recent advance.
Fibonacci levels on the chart provide additional technical reference points. HYPE has already cleared the 0.786 level around USD 70.51 and the 1.0 extension around USD 76.94.
Price is currently testing the 1.272 Fibonacci extension around USD 85.95. Above this region, the next major extension sits at approximately USD 98.95, placing the psychologically important USD 100 level within the next major resistance zone.
HYPE’s RSI stands at 64.46, showing strong positive momentum without currently being overbought. RSI previously moved above 70 during the August rally but has since cooled while price remained near its highs. This suggests momentum is normalizing rather than collapsing.
MACD remains firmly above zero. However, the MACD line stands around 5.90, slightly below the signal line near 6.03, while the histogram has turned marginally negative. This indicates that the speed of the rally is slowing as HYPE consolidates around resistance.
HYPE maintains one of the strongest technical structures.
Immediate Resistance: USD 86-USD 90, followed by USD 98.95-USD 100
Key Support: USD 76.94, followed by USD 70.51-USD 71.55 and USD 65.05
A sustained breakout above the upper boundary of the current rising structure could allow HYPE to challenge the Fibonacci extension near USD 98.95. The first significant downside level is USD 76.94, which previously acted as an important breakout point.
Below that, the USD 70-USD 72 area combines the 0.786 Fibonacci level with the 50-day EMA, making it a stronger technical support zone.
HYPE produced a powerful August rally, moving from approximately 51 into the mid-80s region. Price remains comfortably above the 50-day, 100-day, and 200-day EMAs, while RSI continues to indicate positive momentum.
MACD is beginning to flatten, suggesting short-term consolidation may continue. Nevertheless, holding above USD 76-USD 77 preserves the broader bullish structure, while a breakout through USD 80-USD 90 could bring the USD 99-USD 100 region into focus.
Solana delivered a significant technical breakout during August, reversing months of weakness and reclaiming several important resistance levels.
The daily chart shows SOL around USD 103.62, after price surged from the mid-USD 70 region during the second half of August.
Solana had spent much of July and early August consolidating between approximately USD 75.63 and USD 83.50. The eventual breakout from this range produced a rapid advance through USD 90 and the major USD 98.02 horizontal resistance.
SOL briefly moved above USD 108 before entering consolidation around 100-USD 105.
Importantly, price now trades above all three major exponential moving averages.
The chart places the 50-day EMA around USD 90.03, the 100-day EMA near USD 85.80, and the 200-day EMA around USD 90.94.
Reclaiming the 200-day EMA represents a particularly important structural improvement since Solana had remained below this long-term trend indicator for much of the previous decline.
The breakout was also accompanied by increased volume, strengthening the technical significance of the move.
Solana’s RSI stands at 62.40, indicating positive momentum without currently being overbought. RSI moved above 70 during the initial August breakout before cooling as SOL consolidated above USD 100.
This normalization is constructive since price has remained above its breakout level despite momentum declining from its peak.
MACD remains substantially above zero, reflecting the strength of August’s advance. However, the MACD line stands near 5.58, below the signal line around 6.13, producing a negative histogram of approximately -0.56. This signals slowing short-term momentum rather than an outright reversal.
Solana enters September with a significantly stronger technical structure.
Immediate Resistance: USD 108-USD 116.88
Key Support: USD 98.02, followed by USD 90-USD 85.80
The first requirement for further upside is a sustained move beyond the recent USD 108 region. Above that, USD 116.88 represents the next major horizontal resistance level visible on the chart.
A confirmed breakout above USD 116.88 could strengthen the medium-term trend and shift attention toward the considerably larger USD 148.74 resistance level.
On the downside, USD 98.02 is particularly important since it previously acted as resistance and is now being tested as potential support.
Below USD 98, the moving-average cluster between approximately USD 85.80 and USD 90.94 represents the next major support region.
August substantially improved Solana’s technical outlook. SOL broke from its USD 75-USD 83 consolidation, reclaimed USD 98, and moved above the 50-day, 100-day, and 200-day EMAs.
RSI remains bullish around 62, although MACD shows that the initial breakout momentum is cooling.
Maintaining USD 98 as support is now critical. Above this level, Solana retains a constructive structure, with USD 108-USD 116.88 representing the next resistance zone and USD 148.74 becoming relevant if the breakout continues.
Dogecoin experienced a meaningful technical recovery during August after spending much of the previous months inside a persistent downtrend. The daily chart shows DOGE around USD 0.08995, considerably above its yearly low near USD 0.06766.
One of the most important developments was Dogecoin’s breakout above the descending trendline that had restricted price since the earlier 2026 highs.
DOGE also reclaimed its 50-day EMA near USD 0.08097 and 100-day EMA around USD 0.08243. These moving averages had previously functioned as dynamic resistance during the broader decline.
However, price remains below the 200-day EMA around USD 0.09437. That makes the 200-day moving average the most important immediate technical obstacle.
The chart shows DOGE briefly approaching the USD 0.10 region following its breakout before entering consolidation around USD 0.085-USD 0.09. Horizontal resistance sits near USD 0.10271, while USD 0.070 represents major structural support above the yearly low.
Dogecoin’s RSI stands at 61.74, keeping momentum comfortably above the neutral 50 level. RSI briefly entered overbought territory during the August breakout before cooling as price consolidated. The current reading suggests buying momentum remains present without reaching excessive levels.
MACD also remains constructive. The MACD line sits around 0.00335, slightly above its signal line near 0.00321, while the histogram remains marginally positive.
Momentum has clearly slowed from the initial breakout, but unlike several other altcoins, MACD has not yet produced a meaningful bearish deterioration.
Dogecoin’s recovery has strengthened, but the 200-day EMA remains the critical confirmation level.
Immediate Resistance: USD 0.0944, followed by USD 0.1027
Key Support: USD 0.088-USD 0.082, followed by USD 0.070- USD 0.0677
A sustained daily close above USD 0.0944 would move DOGE above all three major moving averages. Breaking USD 0.1027 would provide stronger confirmation by establishing another higher high above the current consolidation.
On the downside, the USD 0.081-USD 0.082 region combines the 50-day and 100-day EMAs and therefore represents important dynamic support. A decline below this area would weaken the August breakout considerably.
August produced a significant improvement in Dogecoin’s technical structure. DOGE broke its descending trendline, reclaimed the 50-day and 100-day EMAs, and moved substantially above its yearly low.
RSI remains constructive around 62, while MACD is still marginally positive. The 200-day EMA around USD 0.0944 is now the key technical test. Clearing it and USD 0.1027 would provide stronger evidence that DOGE’s recovery is developing into a broader trend reversal.
PEPE recorded a notable recovery during August after spending much of June and July trading close to its yearly lows. The supplied daily chart shows PEPE around USD 0.00000348, following a sharp late-August breakout that temporarily pushed the token above USD 0.00000400.
The recovery has improved PEPE’s short-term structure. Price currently trades above the 50-day EMA at approximately USD 0.00000329 and the 100-day EMA near USD 0.00000323. Both averages had previously acted as resistance during the prolonged decline.
However, PEPE remains slightly below its 200-day EMA around USD 0.00000364. This makes the 200-day average an important barrier separating the current recovery from a more established longer-term trend reversal.
The chart also identifies horizontal resistance around USD 0.00000442. PEPE briefly approached this region following its breakout before sellers pushed the token lower.
On the downside, USD 0.00000313 represents an important horizontal support area, while the deeper support around USD 0.00000230 corresponds with the previous yearly low zone.
PEPE’s RSI stands at 50.82, almost exactly at the neutral 50 level. The indicator briefly moved above 70 during the late-August rally before declining as price consolidated. This shows that the initial buying impulse has weakened considerably without yet producing oversold conditions.
MACD provides a similar picture. The MACD line remains close to positive territory but has fallen below its signal line, while the histogram has turned slightly negative. This indicates declining short-term momentum following August’s breakout.
PEPE remains in a recovery phase, but additional confirmation is required before the structure becomes decisively bullish.
Immediate Resistance: USD 0.00000364, followed by USD 0.00000442
Key Support: USD 0.00000329-USD 0.00000313, followed by USD 0.00000230
The first requirement is a sustained move above the 200-day EMA around USD 0.00000364. Reclaiming this level would improve PEPE’s longer-term structure and potentially create another attempt toward USD 0.00000442.
A breakout above USD 0.00000442 would establish a new higher high. Conversely, losing the USD 0.00000313-USD 0.00000329 region would return PEPE beneath its shorter-term moving averages and weaken August’s recovery.
PEPE improved significantly during August, breaking out from its previous consolidation and reclaiming the 50-day and 100-day EMAs.
However, the token remains below its 200-day EMA, while RSI has returned to neutral and MACD shows fading momentum.
The USD 0.00000364-USD 0.00000442 region is therefore the key upside test, while holding above USD 0.00000313 remains important for preserving the recovery structure.
| Asset | Price Structure | Moving Average Position | Key Support | Key Resistance | Technical Outlook |
|---|---|---|---|---|---|
| Bitcoin (BTC) | Broke multi-month consolidation and moved toward USD 80,000 | Above 50-, 100-, & 200-day EMAs | USD 70,000-USD 73,000; USD 66,500 | USD 85,000 | Strong bullish structure; breakout remains intact above EMA cluster |
| Ethereum (ETH) | Broke above USD 2,000 and advanced toward USD 2,500 | Above 50-, 100-, and 200-day EMAs | USD 2,100-USD 2,215; USD 2,000 | USD 2,500; USD 3,000 | Bullish recovery; USD 2,500 is the next major breakout test |
| XRP | Rebounded from USD 1 and established a higher trading range | Above 50-, 100-, and 200-day EMAs | USD 1.30-USD 1.35; USD 1.00 | USD 1.50-USD 1.60; USD 1.90 | Improved structure; holding above 200-day EMA remains important |
| Cardano (ADA) | Recovered from USD 0.138 -USD 0.150 but remains below major resistance | Above 50 & 100-day EMAs; below 200-day EMA | USD 0.196-USD 0.200; USD 0.174 | USD 0.213-USD 0.231; USD 0.241-USD 0.256 | Neutral recovery; requires further breakout confirmation |
| Hyperliquid (HYPE) | Strong higher-high structure after rally from ~51intomid-80s | Above 50, 100 & 200-day EMAs | USD 76.94; USD 70-USD 72 | USD 86-USD 90; USD 98.95-USD 100 | Strong trend structure; consolidating near major resistance |
| Solana (SOL) | Broke USD 75-USD 83 range and reclaimed USD 98 | Above 50-, 100-, & 200-day EMAs | USD 98.02; USD 85.80-USD 90.94 | USD 108-USD 116.88; USD 148.74 | Constructive breakout structure while USD 98 holds |
| Dogecoin (DOGE) | Broke descending trendline and moved away from yearly low | Above 50 & 100-day EMAs; below 200-day EMA | USD 0.081-USD 0.088; USD 0.070 | USD 0.0944; USD 0.1027 | Recovery strengthening; 200-day EMA remains a major test |
| PEPE | Late-August breakout followed by consolidation | Above 50 & 100-day EMAs; below 200-day EMA | USD 0.00000313- USD0.00000329 | USD 0.00000364; USD 0.00000442 | Recovery phase; needs 200-day EMA breakout for stronger confirmation |
Bitcoin (BTC): August delivered the breakout that July's market structure had been waiting for. BTC moved above USD 66,500, reclaimed all major moving averages, and approached USD 80,000. The next major resistance is USD 85,000, while USD 70,000-USD 73,000 has become the principal support zone.
Ethereum (ETH): ETH accelerated above USD 2,000 and reclaimed its 50-day, 100-day, and 200-day EMAs. Price is now testing USD 2,500, with a successful breakout potentially shifting attention toward USD 3,000.
XRP: XRP produced a major recovery from USD 1 and reclaimed the USD 1.30 region alongside its major moving averages. Holding above USD 1.30-USD 1.35 is critical for maintaining the improved structure, while USD 1.50-USD 1.60 represents the next immediate resistance.
Cardano (ADA): ADA recovered above its 50-day and 100-day EMAs but remains below the 200-day EMA. The structure is improving, although a move through USD 0.231-USD 0.241 is required for stronger bullish confirmation.
PEPE: PEPE broke higher during late August and reclaimed its shorter-term moving averages, but remains constrained by the 200-day EMA. A breakout through USD 0.00000364 and eventually USD 0.00000442 would strengthen the recovery.
Hyperliquid (HYPE): HYPE produced one of the strongest trends of the month, climbing from the low-USD 50 region into the USD 80s. Price remains above all major moving averages, with 98-100 emerging as the next major upside zone if momentum resumes.
Dogecoin (DOGE): DOGE broke its long-term descending trendline and reclaimed the 50-day and 100-day EMAs. The 200-day EMA near USD 0.094 remains the next major obstacle before the recovery can develop into a stronger medium-term reversal.
Bitcoin's Test of USD 85,000: Bitcoin's August breakout significantly improved the wider crypto market structure. A sustained move above USD 85,000 would establish another higher high. Failure to break resistance could result in consolidation toward the USD 70,000-USD 73,000 moving-average cluster.
Ethereum's USD 2,500 Breakout Attempt: Ethereum has reclaimed every major moving average shown on the supplied chart but remains immediately below USD 2,500. A confirmed breakout would shift attention toward USD 3,000, while the USD 2,100-USD 2,200 area represents the most important technical support.
Whether XRP Can Hold Its 200-Day EMA: XRP's rally has cooled following its explosive August breakout. Maintaining price above approximately USD 1.30-USD 1.35 would keep the recovery intact, while renewed strength through USD 1.50-USD 1.60 could put USD 1.90 back into focus.
Altcoin Participation: August's rally was considerably broader than earlier recoveries. CryptoRank reported that 83% of the tracked non-stablecoin top-100 assets finished August higher, although its Altseason Index remained below 40, suggesting Bitcoin had not fully surrendered market leadership.
HYPE's Approach Toward USD 100: Hyperliquid remains one of the strongest technical structures in the supplied charts. USD 86-USD 90 region represents immediate resistance, while the Fibonacci extension near USD 98.95 creates a major technical zone just below USD 100.
DOGE, ADA and PEPE Moving-Average Tests: These three assets have improved but remain less technically established than BTC, ETH and HYPE. DOGE must overcome its 200-day EMA near USD 0.094, ADA faces its 200-day EMA around USD 0.241, and PEPE needs to reclaim approximately USD 0.00000364.
Momentum After August's Rapid Rally: RSI readings have cooled across several assets while MACD momentum is beginning to flatten. This suggests September could begin with consolidation even if the broader recovery remains intact. The critical question is whether prices hold above the moving averages reclaimed during August.
Institutional Flows and Broader Market Breadth: August's move was accompanied by substantial ETF demand. SoSoValue reported approximately USD 3.52 billion in monthly net inflows for US spot Bitcoin ETFs and around USD 1.85 billion for spot Ethereum ETFs. Continued institutional demand would strengthen the technical breakout, while a reversal in flows could increase volatility following August's rapid appreciation.
Overall, August was the clearest market-wide technical improvement of the summer. Bitcoin and Ethereum moved from recovery into breakout structures, XRP reversed much of its previous weakness, and HYPE established one of the strongest altcoin trends. ADA, PEPE, and DOGE improved as well, but still face important long-term resistance levels before their recoveries can be considered fully established.
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