August 14 marked a day of significant movements for cryptocurrency investors, with new potential highs being explored before inflation figures disrupted the trend. Although tariffs have an impact on inflation, the reported numbers far exceeded expectations. This is not quite an apocalyptic scenario but rather confirmation that an anticipated inflation increase is evident through the data flow. Currently, new price objectives have been set for SOL, BNB, XRP, and AVAX.
SOL and BNB Price Predictions
On July 22-23, a similar setup was observed as SOL Coin faced rejection from familiar resistance levels. Despite the rapid gains the previous day, Solana 
$89 (SOL) failed to strengthen, displaying hesitation in breaking key resistance—a significant indicator. It must hold the $189 support level; otherwise, it risks dipping to $173 or even $165. Conversely, should it surpass $203, a rally might resume, amplifying momentum.
Conversely, the future appears promising for BNB Coin investors, who have savored consistent buying and selling opportunities within the $600-700 bracket, now witnessing attempts to breach new all-time highs (ATH). With recent upward swings touching $870, it’s anticipated that the $1,000 level is not far away. Market volume, backed significantly by Binance, continues to powerfully propel BNB upwards.
In a scenario of deepening declines, particularly with international tensions, levels of $821, $790, and $744 may come into play. Due to the likelihood of increased volatility, staying updated with real-time news is essential. The CryptoAppsy application, with its news section, is a crucial tool, offering real-time updates and robust portfolio tracking features.
XRP and AVAX Forecasts
Although XRP Coin initially breached the $3.3 mark with the lawsuit’s conclusion, it wasn’t sustainable. It now teeters precariously below $3.1, a crucial support. Should the bulls succeed, a return to higher levels is feasible. Looking ahead, interest rate cuts and potential ETF approvals are on the horizon, which might motivate short-term investors to capitalize before the end of August.
If the downward trajectory continues, expectations are set at $2.93, but successful rallies could break past $3.33. While ETH remains at ATH levels and BNB and BTC notched new peaks recently, XRP could potentially elevate its highs. However, current macroeconomic pressures slightly complicate the scenario, although prevailing factors like ETF motivation and positive litigation outcomes offer optimism.
Regarding AVAX, skepticism persists about its performance, given its struggle to maintain levels above $50, even amid economic upswings. Persistent high inflation, unfulfilled ecosystem development goals, and intense competition contribute to its challenges.
For AVAX, a critical threshold lies at $27, after which it might aim for $50 again. Currently, it’s moving towards the support at $22.49 and could explore deeper valleys between $20.6 and $18.
