Bitcoin impulse move toward new highs sets a fire under HYPE, ETH, XMR and AAVE
From Cointelegraph
May 18, 2025 7:40 pm:
Bitcoin’s rally to $105,980 has traders predicting new all-time highs this week, with end-of-year price targets raised to $200,000 based on technical factors and institutional investor adoption. Altcoins could see a powerful rally soon, according to analysts. Bitcoin and altcoins are showing strength on the charts.
Bitcoin remains stuck in a range, with bulls aiming to break overhead resistance at $105,820. A move above this level could see a retest of $109,588, potentially leading to a surge to $130,000. A drop below $100,000 may signal bearish control, with a target of $91,447.
Ether dipped below $2,550 but struggled to stay lower. Upsloping moving averages and RSI near overbought suggest an upside. Break above $2,550 could push ETH to $2,739 and potentially $3,000. A drop below $2,400 could indicate weakening bulls, with $2,270 as a support to watch.
Hyperliquid faces resistance at $28.50, with buyers in control. A break above $28.50 could push HYPE to $35.73, while a sharp downturn may lead to a pullback to $23.52. Buyers likely to defend the 20-day EMA.
Monero rallied to $353, with support at $331. A break above $353 could see XMR surge to $391 and $422. Failure to break resistance could lead to a correction to $308.
Aave faces resistance at $240, with buyers defending against dips to the 20-day EMA. Closing above $240 could push AAVE to $280 and potentially $300. Failure to break resistance could lead to a drop to $196, with buyers expected to defend this level.
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