Bitcoin Breakout Sparks Fresh Momentum in HYPE, ETH, XMR, and AAVE

Key Highlights

• Bitcoin (BTC) surged above $105,500, igniting calls for a move toward $116,000 and even $130,000 in the near term.

• Ethereum (ETH) eyes a breakout toward $3,000 after reclaiming critical support levels.

• Hyperliquid (HYPE) holds firm above key moving averages, targeting a potential breakout beyond $28.50.

• Monero (XMR) aims for $391 after holding strong gains; bulls are defending recent highs.

• Aave (AAVE) consolidates near $240 resistance, preparing for a potential breakout toward $300.

Crypto market data daily view. Source: Coin360

Bitcoin (BTC) Price Outlook

Price: $103,000

Resistance Levels: $105,820, $109,588

Support Levels: $100,000, $91,447

BTC/USDT 4-hour chart. Source: TradingView

Bitcoin is pressing against strong resistance at $105,820, with technical indicators favoring bulls. A confirmed breakout could see the BTC/USDT pair test $109,588, and potentially surge toward $130,000. However, a drop below $100,000 would signal a short-term top, likely prompting a pullback toward $95,616 or even the 50-day SMA at $91,447.

The symmetrical triangle breakout on the 4-hour chart further supports the bullish bias, with a pattern target at $110,922.

BTC/USDT daily chart. Source: TradingView

Ethereum (ETH) Price Outlook

Price: $2,366

Resistance Levels: $2,550, $2,739

Support Levels: $2,400, $2,275

ETH/USDT daily chart. Source: TradingView

Ether is holding above key support despite dipping below $2,550. If buyers can reclaim this level, the ETH/USDT pair could challenge $2,739 and potentially surge to $3,000. On the downside, a break below $2,400 could open the door to a deeper correction toward $2,111.

A bullish crossover above the downtrend line may reinforce momentum, while a failure there could stall gains.

ETH/USDT 4-hour chart. Source: TradingView

Hyperliquid (HYPE) Price Outlook

Price: ~$27–$28

Resistance Levels: $28.50, $35.73

Support Levels: $24, $23

HYPE/USDT daily chart. Source: TradingView

HYPE is approaching a breakout above $28.50, with strong support from buyers at the 50-SMA. If bulls push through resistance, the next targets are $31.33 and $35.73. A break below the 50-SMA, however, may trigger a drop toward the 20-day EMA at $23.52.

Overall, momentum favors the upside, with the RSI still in the overbought territory.

Monero (XMR) Price Outlook

Price: $241.67

Resistance Levels: $353, $391

Support Levels: $331, $308

HYPE/USDT 4-hour chart. Source: TradingView

XMR recently surged from $262 to $353, and the bulls are maintaining control. A breakout above $353 would target $391 and potentially $422. If the price dips below $331, the 20-day EMA at $308 may provide critical support.

The shallow pullback suggests healthy consolidation before a possible next leg higher.

XMR/USDT daily chart. Source: TradingView

Aave (AAVE) Price Outlook

Price: $213.96

Resistance Levels: $240, $280, $300

Support Levels: $217, $206

AAVE is consolidating between $217 and $240, with a bullish bias building. A breakout above $240 could propel the AAVE/USDT pair toward $267, and possibly to $300. Sellers must push the price below $217 to regain control and drive it toward $196.

The upsloping 20-EMA and improving RSI support a bullish breakout scenario.

Conclusion

Bitcoin’s breakout past $105,500 is acting as a catalyst for the broader crypto market, with altcoins like ETH, HYPE, XMR, and AAVE showing renewed strength. While the market appears to be heating up, traders should remain cautious of key resistance levels and potential pullbacks. If BTC holds above $100,000 and continues higher, altcoin season could truly begin.