Analyst: Price Analysis of Bitcoin, Ethereum, Hyperliquid, and NEAR Protocols: Recovery of the Crypto Market
2026-08-21 08:23:06
According to CoinMeta, on August 21st, after a narrow consolidation range between $63,000 and $65,000, the price of Bitcoin ($BJWKEEP_00001_) rose nearly 4% in a single day, currently trading at around $71,950, breaking through a key resistance zone. Technically, this breakthrough is significant as Bitcoin has successfully rebounded to the middle moving average of $66,500 and cleared the short-term moving averages. Currently, Bitcoin is testing the long-term moving average of $71,500; if it can maintain itself above this level, it will confirm a strong bullish signal in the near term. Compared to Bitcoin, Ethereum ($BJWKEEP_00004_) has performed even more strongly, breaking through multiple resistance levels in a single day and currently trading at around $2,290, with its technical structure significantly improving. XRP ($BJWKEEP_00005_) rose by about 3.4% on the current day's candlestick chart, temporarily breaking through $74 and returning to the supply zone between $70 and $76. Although the Ripple protocol ($BJWKEEP_00008_) is making efforts to improve, its technical condition is still far from that of Bitcoin, with the current trading price at around $1.73.
Source:U.Today
This content is for market information only and does not constitute investment advice.
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