Bitcoin, Ethereum, XRP, Dogecoin Extend Pullback But Traders Call It 'Just A Breather'
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 15 2025
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Source: benzinga_crypto
Market Trends: Cryptocurrency markets are experiencing a downward trend following the release of inflation data, with Bitcoin trading near a significant support level at $117,000.
Trader Insights: Analysts have differing views on price movements; some see the current pullback as temporary, while others anticipate a potential rebound above $120,000 could shift market focus.
Ethereum and XRP Analysis: Ethereum is nearing its all-time high after breaking out of a key range, while XRP's correction appears nearly complete with projected upside targets.
Altcoin Developments: Dogecoin is in a consolidation phase that may lead to a breakout, and traders are advised to look for buying opportunities before potential price increases.
Analyst Views on ETH
Wall Street analysts forecast ETH stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ETH is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 28.610
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Current: 28.610
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
