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- Bitcoin Cash breaks past $600 with bullish signals as traders eye $650 and $700 moves.
- Meme coin HYPE rockets near $49 on whale buys, ETF buzz lifts DOGE, XRP, Solana.
Bitcoin Cash and meme token HYPE outpaced the wider crypto market with double-digit gains, while Dogecoin, XRP, and Solana also climbed as investors placed fresh bets on exchange-traded fund (ETF) prospects.
Bitcoin Cash added about 13.27% over the past week, bringing its value to $605 and helping the token regain a spot among the top 20 cryptocurrencies by market capitalization. Technical signals suggest a move toward $650 in the short term. Analysts believe that breaking the $634.30 resistance with heavy trading volume will be essential for this upward push.
If that threshold is cleared, projections extend to $700. The bullish outlook depends on Bitcoin Cash holding above $602.27, supported by strong trading activity. Technical indicators, such as major SMAs sitting under the current price and an expanding bullish MACD divergence, continue to support this view.
Meme Token HYPE Gathers Steam
Meme coin HYPE has also surged, rising 12.90% over the past week to $50, and drawing attention for standing out in an otherwise quiet altcoin market. Institutional and whale activity signaled renewed confidence in its price path.
On-chain data from EmberCN showed that whale qianbaidu.eth purchased about 256,000 HYPE worth USD 12 million at $46.9 in recent days. This came after booking a USD 1.93 million profit three months ago. The same wallet moved 14 million USDC to Hyperliquid to finance the buy.
A trader, Risk Rich, noting, “$HYPE looks really interesting. The team is consistently buying back tokens using revenue from fees. This is a clear bullish signal.” Analysts are projecting a near-term range between $65 and $68 if momentum holds.
DOGE, XRP, and SOL Join the ETF Rally
Dogecoin advanced 6.63% in the past 24 hours and 10% across the week, now trading near $0.23. The token’s rally followed REX Shares’ filing for a proposed ETF, a development CNF covered in the previous article.
Industry analyst Nate Geraci, President of NovaDius Wealth Management, remarked,
I think we’re in for wild next 2 months for crypto ETFs.
Traders see potential for DOGE to test $0.27 or higher if institutional flows increase.
XRP also gained 3.5% over the past day, supported by rising chances of ETF approval. Geraci pointed to coordination between major exchanges and the SEC on standards for spot crypto ETFs, noting,
Given final deadlines on existing spot crypto ETF filings, reasonable to expect this would be in place by early October. Then crypto ETF floodgates open.
Analysts see potential for XRP to break beyond $5 in the event of approval, with projections suggesting $10 to $15 by 2025.
Solana traded at $207.32 after a weekly gain of 4.18% and 2.13% in the past day. Interest from institutions is rising, supported by filings like VanEck’s staked SOL ETF product.
Analysts say Solana’s fundamentals are aligning with its market structure, building the case for a push above $250. Liquidity continues to improve, and broader ETF adoption would likely accelerate momentum.
