BITCOIN, ETHEREUM, RIPPLE, LITECOIN, ETHEREUM CLASSIC: PRICE ANALYSIS, AUGUST 4
The cryptocurrency market never sleeps, and August 4th was no exception. Price Analysis, August 7: Bitcoin, Ethereum, Ripple, Litecoin, Ethereum Classic Check the latest Cointelegraph price review on BTC, ETH, XRP, LTC and ETC. Total viewsFor investors and enthusiasts alike, understanding the ebbs and flows of Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and Ethereum Classic (ETC) is crucial. Latest Cryptocurrency Prices - Information, Coins Market Cap, Charts and Detailed Information. View Charts and Detailed Crypto Coin Info.This price analysis dives deep into the performance of these leading cryptocurrencies, examining key indicators, recent trends, and potential future movements. Ethereum price has formed a reversal wave with increased demand level, and there s a correction right now. Also, this week's wave started with a short-term $176.5 to $210 reversal wave.From Bitcoin's dominance to Ethereum's bullish waves and Litecoin's oversold territory, we'll dissect the data to provide you with actionable insights. The Price Prediction section provides background on bitcoin and selected altcoins including overview, founding history, current developments, features, price history, technical analysis and much more. Price predictions cover longer periods. Frequently asked questions are clarified at the end of each coverage.Whether you're a seasoned trader or just starting your crypto journey, this comprehensive overview will equip you with the knowledge to navigate the dynamic world of digital assets. Free access to current and historic data for Bitcoin and thousands of altcoins. Litecoin LTC $ 87.16 Polkadot DOT $ 3.90 $ 4.95 Ethereum Classic ETC $ 16.77The crypto space is a rapidly evolving environment, demanding constant vigilance and informed decision-making. Ethereum Vs Bitcoin Bare Minimum, 222.22% Profits Bullish Wave Ethereum's current move vs Bitcoin ETHBTC is over-extended: 1) The drop has gone way beyond the 0.786 Fib. retracement level, almost reaching 1 (which means a 100% correction). 2) Trading volume is non-existent.Join us as we break down the complexities of these five prominent cryptocurrencies and explore what August 4th revealed about their potential trajectory.
Bitcoin (BTC) Price Analysis: August 4th
Bitcoin, the undisputed king of cryptocurrencies, continues to command attention. Cryptocurrency prices in India today (): Know today's Cryptocurrency prices exchange rates of Bitcoin, Ethereum, Dogecoin, Litecoin, Ripple across CoinSwitch, Coinbase, Wazirx, and Other Major Crypto Exchanges. Also know Cryptocurrency price change today in 24 hours at LatestLY.Its dominance is evident, holding a substantial market capitalization compared to most altcoins.However, even the king experiences fluctuations. On August 14, Litecoin declined to an intraday low of $49.466, where buying emerged. The LTC/USD pair has been in the oversold zone since August 7, but the bulls have not been able to force aAugust 4th saw Bitcoin navigating the choppy waters of market volatility.We need to consider several factors when analyzing Bitcoin's price action on this specific date.
Key Indicators for Bitcoin
- Trading Volume: Analyze the volume to gauge the strength of the prevailing trend. Coin Price Market Capitalization Blocks Reward Transactions Bitcoin BTC : 930.66 Ehash/s 930.66 Ehash/s 9.23% in 24 hoursHigh volume typically confirms the trend, while low volume may indicate a potential reversal.
- Support and Resistance Levels: Identifying these levels is crucial for understanding potential price targets and areas where price may stall or reverse.
- Technical Indicators: Tools like moving averages, RSI (Relative Strength Index), and MACD (Moving Average Convergence Divergence) can provide insights into momentum, overbought/oversold conditions, and potential trend changes.
While specific data from August 4th is needed to make a definitive judgment, examining these indicators will reveal whether Bitcoin was experiencing a bullish, bearish, or sideways trend. English. Advertise ; About ; NewsWe also need to acknowledge the ongoing Ethereum vs Bitcoin narrative.
For example, a significant increase in trading volume alongside a price surge could signal a strong bullish trend. Leader in cryptocurrency, Bitcoin, Ethereum, XRP, blockchain, DeFi, digital finance and Web 3.0 news with analysis, video and live price updates. BTC $ 104,402.14Conversely, a price decline accompanied by high volume might suggest a bearish outlook.Consider also the potential impact of external factors, such as regulatory news or macroeconomic events, on Bitcoin's price.
Ethereum (ETH) Price Analysis: Riding the Waves
Ethereum, the second-largest cryptocurrency by market capitalization, has been making significant strides.One of the key observations is that Ethereum has been forming reversal waves with increased demand levels.This suggests underlying bullish sentiment and potential for further price appreciation.August 4th may have been part of a larger pattern, as noted by this week’s wave starting with a short-term $176.5 to $210 reversal. All of the following coins rank above Litecoin in July of 2025: Bitcoin. Ethereum. Tether (stablecoin) BNB (BNB) USD Coin (USDC) XRP (XRP) Cardano (ADA) Dogecoin (DOGE) Solana (SOL) Tron (TRON) Polkadot (DOT) Litecoin (LTC) Like Bitcoin Cash, Litecoin has a much smaller market cap than Bitcoin ($5.5 billion vs $1.3 trillion).Let's explore this further.
Understanding Ethereum's Reversal Waves
A ""reversal wave"" in technical analysis indicates a shift in momentum, where a downtrend reverses into an uptrend, or vice versa.In Ethereum's case, the formation of reversal waves with increased demand implies strong buying pressure at lower price levels, pushing the price upwards.
Consider these points:
- Demand Levels: Track the demand for Ethereum.Increased demand signifies more buyers entering the market, which can drive prices higher.
- Correction Phases: Be aware that even in a bullish trend, corrections (temporary price declines) are common.These corrections provide opportunities for buyers to enter the market at lower prices.
- ETHBTC Ratio: Always watch the Ethereum vs Bitcoin ratio, as this can provide insight into which asset is performing better.Bear Minimum, 222.22% Profits Bullish Wave.Ethereum's current move vs Bitcoin ETHBTC is over-extended: 1) The drop has gone way beyond the 0.786 Fib. retracement level, almost reaching 1 (which means a 100% correction). 2) Trading volume is non-existent.
Understanding the interplay between demand, correction phases, and the overall market sentiment is crucial for making informed trading decisions related to Ethereum.
Ripple (XRP) Price Analysis: Navigating Regulatory Uncertainties
Ripple (XRP) has been subject to significant volatility, largely due to ongoing regulatory uncertainties.These uncertainties often overshadow technical indicators and market sentiment.Therefore, price analysis for XRP on August 4th must consider the regulatory landscape.
The Impact of Regulatory News on XRP
Any news related to Ripple's legal battles can have a profound impact on XRP's price.Positive developments typically lead to price surges, while negative news often triggers sell-offs.Analyze how XRP price reacts to market news.
Consider the following:
- News Monitoring: Stay updated on the latest news and announcements related to Ripple's regulatory situation.
- Market Sentiment: Gauge the overall market sentiment towards XRP, as fear and uncertainty can amplify price swings.
- Risk Management: Implement robust risk management strategies to mitigate potential losses due to unforeseen regulatory events.
Given the unpredictable nature of regulatory developments, investing in XRP requires a high degree of caution and a thorough understanding of the associated risks.
Litecoin (LTC) Price Analysis: Recovering from Oversold Conditions
Litecoin, often referred to as the ""silver to Bitcoin's gold,"" has experienced its own set of challenges.Notably, the LTC/USD pair had been in the oversold zone since August 7th, meaning that August 4th was either in, or leading up to, that oversold zone.While the bulls attempted to force a recovery, their success was limited.Let's examine this further.
Understanding Oversold Conditions in Litecoin
An ""oversold"" condition indicates that an asset's price has fallen excessively and may be due for a rebound.However, oversold conditions can persist for extended periods, and a rebound is not guaranteed.
Here's what to consider:
- Technical Indicators: Use indicators like the RSI to confirm oversold conditions.An RSI below 30 typically indicates that an asset is oversold.
- Buying Pressure: Monitor the buying pressure to assess the strength of a potential recovery.Increased buying pressure suggests that bulls are gaining momentum.
- Market Sentiment: Analyze the overall market sentiment towards Litecoin.Positive sentiment can help fuel a recovery, while negative sentiment may prolong the oversold condition.
Even on August 14th, when Litecoin declined to an intraday low of $49.466, buying emerged.This illustrates the potential for recovery from oversold conditions, but it also highlights the importance of patience and careful monitoring.
It's also worth noting that Litecoin's market capitalization is significantly smaller than Bitcoin's ($5.5 billion vs $1.3 trillion).This makes it more susceptible to price manipulation and volatility.Also keep in mind that LTC is not in the top 10 crypto currencies, and according to data from July 2025, it ranks below Bitcoin, Ethereum, Tether, BNB, USD Coin, XRP, Cardano, Dogecoin, Solana, Tron, and Polkadot.
Ethereum Classic (ETC) Price Analysis: A Resurgence?
Ethereum Classic (ETC), the original Ethereum blockchain, often experiences price fluctuations distinct from its more popular fork, Ethereum (ETH).Analyzing ETC's price on August 4th requires a separate lens, focusing on its unique characteristics and market dynamics.
Key Factors Influencing Ethereum Classic's Price
Several factors can influence ETC's price, including:
- Hashrate: Monitor the network hashrate, which indicates the security and decentralization of the blockchain.A higher hashrate generally attracts investors.
- Development Activity: Track the development activity on the Ethereum Classic network.Active development suggests ongoing innovation and community support.
- Market Sentiment: Gauge the overall market sentiment towards ETC, as it can be influenced by news, events, and general market trends.
While Ethereum Classic may offer potential for speculative gains, it also carries significant risks due to its smaller market capitalization and lower liquidity compared to Ethereum.Always conduct thorough research and exercise caution before investing in ETC.
General Cryptocurrency Market Trends on August 4th
Beyond the specific analysis of each cryptocurrency, it's crucial to consider the broader market trends that influenced price movements on August 4th.These trends can provide valuable context and insights into the overall market sentiment.
Factors Affecting the Overall Crypto Market
- Global Economic Conditions: Macroeconomic factors, such as inflation, interest rates, and economic growth, can impact investor sentiment and risk appetite, affecting the cryptocurrency market.
- Regulatory Developments: Regulatory announcements and policy changes can significantly influence cryptocurrency prices, as they can either encourage or discourage adoption.
- Technological Advancements: New technological developments and innovations in the blockchain space can generate excitement and drive investment in cryptocurrencies.
- Media Coverage: Media coverage, both positive and negative, can shape public perception and influence investor behavior.
By understanding these broader market trends, you can gain a more comprehensive perspective on the price movements of individual cryptocurrencies and make more informed investment decisions.
Actionable Advice for Cryptocurrency Investors
Navigating the cryptocurrency market can be challenging, but with the right knowledge and strategies, you can increase your chances of success.Here's some actionable advice for cryptocurrency investors:
- Do Your Research: Before investing in any cryptocurrency, conduct thorough research to understand its underlying technology, market dynamics, and potential risks.
- Diversify Your Portfolio: Don't put all your eggs in one basket.Diversify your portfolio across multiple cryptocurrencies to mitigate risk.
- Manage Your Risk: Implement robust risk management strategies, such as setting stop-loss orders and limiting your exposure to volatile assets.
- Stay Informed: Stay updated on the latest news, trends, and developments in the cryptocurrency market.
- Be Patient: Cryptocurrency investing requires patience and discipline.Avoid making impulsive decisions based on short-term price fluctuations.
Frequently Asked Questions (FAQs)
What is Bitcoin dominance?
Bitcoin dominance refers to the ratio of Bitcoin's market capitalization to the total market capitalization of all cryptocurrencies.It's an indicator of Bitcoin's relative strength and influence in the market.
What are altcoins?
Altcoins are cryptocurrencies other than Bitcoin.The term ""altcoin"" is short for ""alternative coin."" Examples include Ethereum, Ripple, Litecoin, and Ethereum Classic.
What is technical analysis?
Technical analysis is a method of evaluating investments by analyzing past market data, such as price and volume.Technical analysts use charts and indicators to identify patterns and predict future price movements.
What is fundamental analysis?
Fundamental analysis is a method of evaluating investments by analyzing underlying economic, financial, and other qualitative and quantitative factors.In the context of cryptocurrencies, fundamental analysis may involve assessing the project's technology, team, market potential, and community support.
How can I stay updated on cryptocurrency news?
You can stay updated on cryptocurrency news by following reputable news sources, subscribing to newsletters, and participating in online communities.
Conclusion: Key Takeaways for August 4th and Beyond
The cryptocurrency market is a complex and dynamic environment.On August 4th, Bitcoin continued its reign, but its price action required careful analysis of volume and key support/resistance levels. Ethereum displayed potential with its reversal waves and increased demand, but corrections are always a factor. Ripple remained sensitive to regulatory news, emphasizing the need for caution. Litecoin showed signs of potential recovery from oversold conditions, but patience is key. Ethereum Classic offered unique opportunities and risks, requiring careful monitoring of hashrate and development activity.Remember to always conduct thorough research, diversify your portfolio, manage your risk, stay informed, and be patient.Now is the time to do your own research on current market conditions and to consult with a financial advisor.With these principles in mind, you can navigate the cryptocurrency market with greater confidence and increase your chances of success.
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