đ Crypto Bulls Charge: BNB, Dogwifhat & Bitcoin Price Predictions â Asia Market Watch July 21
Asian markets brace for another volatile crypto session as traders eye key levels for BNB, meme darling Dogwifhat, and market heavyweight Bitcoin.
BNB: Exchange Token Eyes Breakout
Binance's native token flirts with resistanceâliquidity pools suggest whales are accumulating ahead of potential ecosystem news.
Dogwifhat: Meme Coin Defies Gravity
The Solana-based joke token keeps punching above its weight class, though skeptics whisper about 'greater fool' theory over lattes in Hong Kong trading rooms.
Bitcoin: Macro Winds Shift
King crypto tests a critical support zone as institutional flows slowâjust as another Wall Street firm announces 'blockchain integration' PowerPoint slides to boost their stock price.
Will today's price action separate the HODLers from the weak hands? Watch those liquidation levels like a hawk watching a leveraged trader's portfolio.
BNB Price Forecast: BNB posts highest weekly close, eyes new all-time high
BNB (BNB), formerly known as Binance Coin, continues to trade higher above $762 at the time of writing on Monday after closing at its highest-ever weekly level and gaining over 9% last week. Derivatives data support a bullish thesis as Open Interest (OI) hits a yearly high of $1.05 billion, reflecting renewed investor interest. The technical analysis also suggests a continuation of the rally, targeting its all-time high of $793.86 and potentially entering a price discovery mode.
Dogwifhat Price Forecast: WIF eyes double-digit gains as Open Interest hits yearly high
Dogwifhat (WIF) edges lower by 1% at press time on Monday following its 12% rise from Sunday. The bullish run in WIF surpasses the 200-day Exponential Moving Average (EMA) and targets a crucial resistance level at $1.212. Both the technical and derivatives data indicate a bullish inclination as trend momentum increases and Open Interest hits a yearly high, inching closer to $600 million.Â
Top 3 Price Prediction: Bitcoin, Ethereum, Ripple â BTC consolidates while Ethereum and Ripple prepare for breakout
Bitcoin price reached a new all-time high of $123,218 on Monday and has been trading sideways between the $116,000 and $120,000 levels. At the time of writing on Monday, it trades slightly above at around $117,800. If BTC breaks below the lower consolidation boundary at $116,000 on a daily basis, it could extend the decline to retest its 50-day Exponential Moving Average (EMA) at $110,297.