Ether price analysis

Ether turned down from the breakdown level of $2,850 on Aug. 24, indicating that the bears have flipped the level into resistance.

The selling picked up after the ETH/USDT pair closed below the 20-day EMA ($2,670) on Aug. 26. The bears will try to pull the price to the solid support at $2,300. This is an important level to watch out for because a break below it may result in a retest of the Aug. 5 intraday low of $2,111.

If the price rises from the current level or rebounds off $2,300, it will signal demand at lower levels. That may keep the pair stuck inside the $2,300 to $2,850 range for a few days.

BNB price analysis

BNB #BNBvsSOL

BNB

$533

 has been trading inside a large range between $460 and $635 for several months, indicating buying on dips and selling on rallies.

Both moving averages have flattened out, and the RSI is just below the midpoint, indicating that the range-bound action may continue for some more time. If the price remains below the moving averages, the bears will try to sink the BNB/USDT pair to the $495 to $460 support zone.

On the contrary, if buyers push the price above the moving averages, the likelihood of a rally to $600 and thereafter to $635 increases. The next trending move will begin on a break above $635 or below $460.

Solana price analysis

Solana #solonapumping

SOL

$143

 turned down and plunged below the moving averages on Aug. 27, indicating that higher levels are attracting sellers.

The bulls will try to stall the down move in the $129 to $136 support zone. If the price bounces off the support zone, it is likely to face selling at the moving averages. If the price turns down and breaks below $129, the next stop is expected to be $116. Buyers will try to vigorously defend this level.

If bulls want to gain the upper hand, they will have to push and maintain the price above $164. The SOL/USDT pair may then climb to $189.

XRP price analysis

XRP 

XRP

$0.57

 has been trading between $0.64 and $0.54 for the past few days, indicating that the bulls are buying on dips.