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XRP is gaining bullish traction on the 4-hour chart and steadily climbing as buyers step in around key support zones. While the price is showing a series of higher lows, traders are watching the underlying structure to determine whether XRP can sustain this push and break out toward the next target.

Key Resistance in Sight: Can XRP Break Through?

The Crypto Bushman revealed on X that XRP price is trading above the 20-day and 50-day Exponential Moving Averages (EMAs), which is a signal of short-term bullish control. However, the structure is starting to look like the rising wedge, a pattern that is known for sharp breakdowns once momentum fades.

Momentum is already showing weakness, and the Moving Average Convergence Divergence (MACD) is beginning to flatten out. Volume is also drying up; the two red flags suggest that the push could be losing steam.

The $2.35 is the key resistance level, and if it can’t break above this level, the rally could roll over and retest the $2.25 zone, which could act as support, or it could be the start of a deeper correction. However, if bulls can push through the $2.35 with a volume surge, the price could rip toward the $2.50 mark in the leg up.

Crypto analyst Classy also stated that XRP is making a notable move on the daily chart, and printing its second consecutive green candle, which is a signal that buyer interest remains steady and resilient. 

Technical indicators continue to support XRP’s recovery, pointing to a breakout above the $2.33 and $2.47 levels last seen in May. Should the altcoin surpass this range, it could set the stage for a sustained rally toward new targets.

Holding Support Could Unlock $2.35 Retest.

TOM B also mentioned on X that the XRP 2-hour chart is showing a descending trendline that continues to act as resistance. The recent price action attempted to break above this trendline but faced rejection, pushing it into a short-term pullback phase.

The price is retreating downward and may retest the critical demand zone of $2.15 and $2.18, an area that has held as support, where buyers have stepped in to defend the price. If it holds again with wick rejection candles, it will signal buying interest and potential exhaustion of selling pressure.

The target of this bounce is the $2.34 to $2.35 range, where the descending trendline resistance awaits, and this level will be the next significant battleground for bulls and bears.

Dogecoin’s price appears to have flipped bullish as the popular dog-themed meme coin reclaims the $0.17 level that previously capped recent upside attempts. Meanwhile, multiple positive indicators are currently showing that DOGE upside prospects are strengthening, with key resistance levels in sight.

Dual Chart Pattern To Amplify Dogecoin’s Rally

With bullish market sentiment growing, Dogecoin has witnessed a brief bounce. A recent analysis from Trader Tardigrade, a technical analyst and investor, reveals that DOGE’s current structure is strong and a rally could be on the horizon.

DOGE’s chances of making a significant upward move are increasing as two crucial chart patterns emerge, suggesting that the meme-inspired cryptocurrency’s newfound upswing may continue. The first key chart pattern spotted on the 4-hour time frame was a Falling Wedge formation. A falling wedge formation is a chart pattern that usually indicates a possible reversal of a downward trend or a continuation of an upward trend.

Presently, the meme coin has broken out from this key chart setup. Such a move is considered a bullish signal as it suggests that a declining price is beginning to lose momentum and that buyers are starting to enter the market once again.

After breaking out of the falling wedge pattern, the chart shows that DOGE has persistently experienced sideways movements. However, this movement is confined to an Ascending Channel pattern. This bullish technical pattern reflects a robust upward trend in which the price continuously forms higher highs and higher lows.

As upside momentum is subtly building beneath the surface, this double crucial pattern serves as an indication that DOGE’s much-awaited rally might be about to start. Should Dogecoin retest the upper line of the channel, this move could bring the meme coin’s price back to a value of $0.19 in the upcoming days.

DOGE’s Preparing For A Surge To New Highs

After a period of downward trend and bearish pressure, Dogecoin’s short-term outlook seems remarkably bullish. Batman, a blockchain and crypto enthusiast, has outlined a trend on the DOGE’s chart that shows that a move toward a new all-time high is imminent.

The expert highlighted that many investors and traders appear to have neglected the meme coin leader due to its recent waning price action. However, this lack of interest has not stopped Dogecoin from amassing momentum for a potential breakout as it mirrors past cycle trends.

Despite the reduced attention, Batman noted that DOGE is quietly repeating the price action pattern it created in the 2016 cycle. According to the expert, DOGE is gearing up for a massive surge similar to the one seen in 2016 after breaking out of the pattern. Looking at the chart, Batman is confident that the meme coin’s price could rally to the $1 mark and beyond if the pattern precedes a similar upsurge.

Dogecoin’s price appears to have flipped bullish as the popular dog-themed meme coin reclaims the $0.17 level that previously capped recent upside attempts. Meanwhile, multiple positive indicators are currently showing that DOGE upside prospects are strengthening, with key resistance levels in sight.

Dual Chart Pattern To Amplify Dogecoin’s Rally

With bullish market sentiment growing, Dogecoin has witnessed a brief bounce. A recent analysis from Trader Tardigrade, a technical analyst and investor, reveals that DOGE’s current structure is strong and a rally could be on the horizon.

DOGE’s chances of making a significant upward move are increasing as two crucial chart patterns emerge, suggesting that the meme-inspired cryptocurrency’s newfound upswing may continue. The first key chart pattern spotted on the 4-hour time frame was a Falling Wedge formation. A falling wedge formation is a chart pattern that usually indicates a possible reversal of a downward trend or a continuation of an upward trend.

Presently, the meme coin has broken out from this key chart setup. Such a move is considered a bullish signal as it suggests that a declining price is beginning to lose momentum and that buyers are starting to enter the market once again.

After breaking out of the falling wedge pattern, the chart shows that DOGE has persistently experienced sideways movements. However, this movement is confined to an Ascending Channel pattern. This bullish technical pattern reflects a robust upward trend in which the price continuously forms higher highs and higher lows.

As upside momentum is subtly building beneath the surface, this double crucial pattern serves as an indication that DOGE’s much-awaited rally might be about to start. Should Dogecoin retest the upper line of the channel, this move could bring the meme coin’s price back to a value of $0.19 in the upcoming days.

DOGE’s Preparing For A Surge To New Highs

After a period of downward trend and bearish pressure, Dogecoin’s short-term outlook seems remarkably bullish. Batman, a blockchain and crypto enthusiast, has outlined a trend on the DOGE’s chart that shows that a move toward a new all-time high is imminent.

The expert highlighted that many investors and traders appear to have neglected the meme coin leader due to its recent waning price action. However, this lack of interest has not stopped Dogecoin from amassing momentum for a potential breakout as it mirrors past cycle trends.

Despite the reduced attention, Batman noted that DOGE is quietly repeating the price action pattern it created in the 2016 cycle. According to the expert, DOGE is gearing up for a massive surge similar to the one seen in 2016 after breaking out of the pattern. Looking at the chart, Batman is confident that the meme coin’s price could rally to the $1 mark and beyond if the pattern precedes a similar upsurge.

Institutions like BlackRock and Metaplanet continue to actively accumulate Bitcoin, providing a bullish outlook for the flagship crypto. BTC has, however, remained below its current all-time high (ATH) due to factors such as tariffs and selling pressure from old whales. 

BlackRock And Metaplanet Hit New Milestones With Bitcoin Accumulation

SosoValue data shows that BlackRock has officially surpassed the 700,000 BTC milestone and now holds $76.35 billion in assets under management (AuM). The asset manager’s Bitcoin holdings account for 3.5% of the crypto’s total supply of 21 million. BlackRock’s Bitcoin ETF is now way ahead of Saylor’s Strategy and the second-largest Bitcoin holder, behind Satoshi Nakamoto. 

BlackRock has achieved this milestone in less than two years since its Bitcoin ETF launched. Commenting on this milestone, Bloomberg analyst Eric Balchunas noted that the asset manager now holds 700,000 BTC and is 62% of the way toward surpassing Satoshi. The Bloomberg analyst added that IBIT has on average accumulated 40,000 BTC a month or 1,300 BTC a day. Based on this pace, the asset manager is on course to 1.2 million BTC in May 2026. 

Besides BlackRock, Metaplanet is another institution that is actively accumulating Bitcoin in record numbers. The company’s CEO, Simon Gerovich, announced that they have acquired 2,205 BTC for $238.7 million at $108,237 per bitcoin, achieving a BTC yield of 416.6% YTD. Metaplanet now holds 15,555 BTC, which it acquired for $1.54 billion at $99,307 per bitcoin. 

BitcoinTreasuries’ data shows that Metaplanet is now the fifth-largest Bitcoin treasury company, only behind Strategy, MARA, Twenty One Capital, and Riot platforms. Other companies like MARA Holdings, Semler Scientific, and ProCap BTC have also expanded their Bitcoin treasuries, highlighting the massive demand for the flagship crypto. 

Why The BTC Price Is Still Below ATH

Macro factors like the Trump tariffs continue to pose an obstacle to a new uptrend for the Bitcoin price. The US president recently sparked panic in the markets with his trade letters, which he sent to 14 countries, including Japan and South Korea, imposing a reciprocal tariff on them. These tariffs are set to take effect from August 1, and Trump has declared that he has no intention to extend the trade deadline again. 

The Bitcoin price dropped from its weekly high above $109,000 amid this development and is again at risk of reaching new weekly lows. The BTC price also looks to be facing selling pressure from old whales, which matches the buying pressure from these institutions. 

Bloomberg reported that early Bitcoin whales have sold over 500,000 BTC in the past year, which roughly matches the net inflows from the Bitcoin ETFs during the same period. One early Bitcoin whale also recently moved 80,000 BTC, raising concerns that they were looking to offload these coins. 

At the time of writing, the Bitcoin price is trading at around $108,600, up in the last 24 hours, according to data from CoinMarketCap.

Institutions like BlackRock and Metaplanet continue to actively accumulate Bitcoin, providing a bullish outlook for the flagship crypto. BTC has, however, remained below its current all-time high (ATH) due to factors such as tariffs and selling pressure from old whales. 

BlackRock And Metaplanet Hit New Milestones With Bitcoin Accumulation

SosoValue data shows that BlackRock has officially surpassed the 700,000 BTC milestone and now holds $76.35 billion in assets under management (AuM). The asset manager’s Bitcoin holdings account for 3.5% of the crypto’s total supply of 21 million. BlackRock’s Bitcoin ETF is now way ahead of Saylor’s Strategy and the second-largest Bitcoin holder, behind Satoshi Nakamoto. 

BlackRock has achieved this milestone in less than two years since its Bitcoin ETF launched. Commenting on this milestone, Bloomberg analyst Eric Balchunas noted that the asset manager now holds 700,000 BTC and is 62% of the way toward surpassing Satoshi. The Bloomberg analyst added that IBIT has on average accumulated 40,000 BTC a month or 1,300 BTC a day. Based on this pace, the asset manager is on course to 1.2 million BTC in May 2026. 

Besides BlackRock, Metaplanet is another institution that is actively accumulating Bitcoin in record numbers. The company’s CEO, Simon Gerovich, announced that they have acquired 2,205 BTC for $238.7 million at $108,237 per bitcoin, achieving a BTC yield of 416.6% YTD. Metaplanet now holds 15,555 BTC, which it acquired for $1.54 billion at $99,307 per bitcoin. 

BitcoinTreasuries’ data shows that Metaplanet is now the fifth-largest Bitcoin treasury company, only behind Strategy, MARA, Twenty One Capital, and Riot platforms. Other companies like MARA Holdings, Semler Scientific, and ProCap BTC have also expanded their Bitcoin treasuries, highlighting the massive demand for the flagship crypto. 

Why The BTC Price Is Still Below ATH

Macro factors like the Trump tariffs continue to pose an obstacle to a new uptrend for the Bitcoin price. The US president recently sparked panic in the markets with his trade letters, which he sent to 14 countries, including Japan and South Korea, imposing a reciprocal tariff on them. These tariffs are set to take effect from August 1, and Trump has declared that he has no intention to extend the trade deadline again. 

The Bitcoin price dropped from its weekly high above $109,000 amid this development and is again at risk of reaching new weekly lows. The BTC price also looks to be facing selling pressure from old whales, which matches the buying pressure from these institutions. 

Bloomberg reported that early Bitcoin whales have sold over 500,000 BTC in the past year, which roughly matches the net inflows from the Bitcoin ETFs during the same period. One early Bitcoin whale also recently moved 80,000 BTC, raising concerns that they were looking to offload these coins. 

At the time of writing, the Bitcoin price is trading at around $108,600, up in the last 24 hours, according to data from CoinMarketCap.

The Cardano Foundation has formally released Reeve, an open-source “ledger on the blockchain” that promises to transplant corporate finance and audit trails into an immutable on-chain environment. Announced yesterday, the enterprise-grade middleware is designed to sit between existing ERP suites and the Cardano blockchain, providing cryptographic guarantees for every journal entry without forcing firms to abandon their incumbent systems.

Cardano Foundation Releases Reeve

“Reeve enables businesses to improve transparency, simplify reporting, and build trust with verifiable financial data,” the Foundation wrote in its launch statement, framing the product as an answer to data-siloing and fraud risks that plague conventional platforms. It “doesn’t just record financial data; it forges an immutable and transparent ledger,” the same notice added, positioning the tool as a trust layer rather than a parallel bookkeeping stack.

Under the hood, Reeve—also referred to in its repositories as “Ledger on the Blockchain (LOB)”—is published under an Apache 2.0 licence and ships as a Spring-Modulith codebase. The architecture splits responsibilities across discrete Java modules: a reporting core, blockchain publisher and reader services, a NetSuite Altavia adapter, and a forthcoming notification gateway. By decoupling each function, Cardano engineers intend to make it simple for integration partners to graft additional ERP connectors or ESG-reporting extensions without touching consensus logic.

The technical rationale is spelled out directly in the project’s README: “The recording of transactions on-chain, immutable and tamper-proof, creates a verifiable trail of the financial activities and makes audits faster, less expensive and more reliable.” That audit focus aligns with Cardano’s earlier messaging; the Foundation’s 2024 Activity Report disclosed a “soft launch” of Reeve as part of its push toward operational resilience and real-world utility.

“We were pleased to soft launch Reeve, an enterprise-grade accounting function that enables organizations to enhance transparency and build trust through secure and verifiable financial data,” CEO Frederik Gregaard wrote in January.

The Cardano Foundation is soliciting pilot partners “ready to re-imagine their business processes with blockchain,” promising bespoke integration support in exchange for real-world feedback. Early cohorts are expected to include NGOs looking to bolster donor transparency, publicly listed corporations wrestling with ESG disclosures, and governmental bodies seeking to modernize procurement audits.

Reeve’s open-source release (tag 1.0.0 on GitHub) means developers can begin testing today, but the Foundation stresses that commercial roll-outs will proceed in controlled phases. If the pilots validate its cost-saving thesis—fewer reconciliations, instant evidence chains, automated attestation—the project could mark a rare crossover moment where enterprise finance moves from proof-of-concept to production blockchain.

At press time, ADA traded at $0.60.

The Cardano Foundation has formally released Reeve, an open-source “ledger on the blockchain” that promises to transplant corporate finance and audit trails into an immutable on-chain environment. Announced yesterday, the enterprise-grade middleware is designed to sit between existing ERP suites and the Cardano blockchain, providing cryptographic guarantees for every journal entry without forcing firms to abandon their incumbent systems.

Cardano Foundation Releases Reeve

“Reeve enables businesses to improve transparency, simplify reporting, and build trust with verifiable financial data,” the Foundation wrote in its launch statement, framing the product as an answer to data-siloing and fraud risks that plague conventional platforms. It “doesn’t just record financial data; it forges an immutable and transparent ledger,” the same notice added, positioning the tool as a trust layer rather than a parallel bookkeeping stack.

Under the hood, Reeve—also referred to in its repositories as “Ledger on the Blockchain (LOB)”—is published under an Apache 2.0 licence and ships as a Spring-Modulith codebase. The architecture splits responsibilities across discrete Java modules: a reporting core, blockchain publisher and reader services, a NetSuite Altavia adapter, and a forthcoming notification gateway. By decoupling each function, Cardano engineers intend to make it simple for integration partners to graft additional ERP connectors or ESG-reporting extensions without touching consensus logic.

The technical rationale is spelled out directly in the project’s README: “The recording of transactions on-chain, immutable and tamper-proof, creates a verifiable trail of the financial activities and makes audits faster, less expensive and more reliable.” That audit focus aligns with Cardano’s earlier messaging; the Foundation’s 2024 Activity Report disclosed a “soft launch” of Reeve as part of its push toward operational resilience and real-world utility.

“We were pleased to soft launch Reeve, an enterprise-grade accounting function that enables organizations to enhance transparency and build trust through secure and verifiable financial data,” CEO Frederik Gregaard wrote in January.

The Cardano Foundation is soliciting pilot partners “ready to re-imagine their business processes with blockchain,” promising bespoke integration support in exchange for real-world feedback. Early cohorts are expected to include NGOs looking to bolster donor transparency, publicly listed corporations wrestling with ESG disclosures, and governmental bodies seeking to modernize procurement audits.

Reeve’s open-source release (tag 1.0.0 on GitHub) means developers can begin testing today, but the Foundation stresses that commercial roll-outs will proceed in controlled phases. If the pilots validate its cost-saving thesis—fewer reconciliations, instant evidence chains, automated attestation—the project could mark a rare crossover moment where enterprise finance moves from proof-of-concept to production blockchain.

At press time, ADA traded at $0.60.

Bitcoin has traded within a narrow range between $107,500 and $109,600 since last Friday, with volatility drying up as bulls and bears battle for control. This kind of price compression typically precedes a significant move, and traders are closely watching for the breakout. Some analysts believe Bitcoin is preparing to push above its all-time high near $112,000, fueled by strong fundamentals and persistent demand. Others, however, remain cautious and expect more consolidation before a clear trend emerges.

On-chain data from CryptoQuant reveals that long-term holders (LTHs) are currently sitting on an average unrealized profit of 215% above their cost basis. Historically, when these investors reach over 300% profit, they begin to gradually distribute their holdings back into the market. This places BTC in a zone of orderly profit-taking, not quite euphoria, but with a growing risk of a shift in behavior.

Whether the next move is a breakout or breakdown, the pressure is building. Bitcoin’s resilience above $107,000 continues to attract bullish attention, but only a strong push above the range will confirm momentum. Until then, market participants remain on edge, waiting for Bitcoin to pick a direction that could define the weeks ahead.

Long-Term Holders Reach Critical Zone: Bitcoin Tests Patience

Bitcoin’s recent price action has frustrated many investors, as the market continues to drift sideways in low volatility. After weeks of trading within a narrow range, market participants are beginning to lose patience. The prolonged consolidation presents downside risk if momentum fails to return soon. Despite this, the broader macroeconomic backdrop remains favorable. The U.S. stock market recently reached new all-time highs, and geopolitical tensions have eased, suggesting a supportive environment for risk assets like Bitcoin in the months ahead.

Top analyst Axel Adler shared insights pointing to a crucial on-chain signal — long-term holders (LTHs) are currently sitting on an average unrealized profit of 215% above their cost basis. Historically, when this metric crosses 300%, it marks a level where seasoned holders begin to distribute coins into strength. At 215%, the market is in the “orderly profit-taking” zone — not yet euphoric, but approaching levels that have historically led to increased sell pressure.

This on-chain signal suggests that while a breakout remains possible, upside may be limited unless new demand steps in. If the rally fails to extend soon, there’s a growing risk that long-term holders could begin offloading positions prematurely. This dynamic creates a delicate balance — bulls need to ignite momentum to attract new capital, or else risk seeing supply overwhelm price. For now, all eyes remain on $112,000 as the key level that could define Bitcoin’s next major move.

BTC Stuck Below Resistance

Bitcoin remains tightly range-bound between $107,500 and $109,600, with volatility continuing to compress as bulls attempt to push the price above resistance. As shown in the 8-hour chart, BTC has tested the $109,300 zone multiple times without managing a decisive breakout, suggesting strong selling pressure at this level. On the downside, the 50-, 100-, and 200-period moving averages (SMA) at $107,489, $106,572, and $105,448, respectively, continue to act as dynamic support levels.

Volume remains muted, signaling a lack of conviction from both bulls and bears. The longer BTC stays within this tight range, the more violent the eventual breakout could be. The price is currently hovering above all major SMAs, which is typically a bullish signal, and each dip toward the $107K zone has been met with buyer support.

If buyers manage to reclaim $109,300 with volume confirmation, Bitcoin could quickly revisit the all-time high near $112K. However, failure to hold above the moving averages could send BTC down to retest $103,600 — a key support level from late June. Overall, Bitcoin’s structure suggests that a significant move is coming, but directionality will depend on whether bulls can break resistance or bears regain momentum.

Featured image from Dall-E, chart from TradingView

Bitcoin has traded within a narrow range between $107,500 and $109,600 since last Friday, with volatility drying up as bulls and bears battle for control. This kind of price compression typically precedes a significant move, and traders are closely watching for the breakout. Some analysts believe Bitcoin is preparing to push above its all-time high near $112,000, fueled by strong fundamentals and persistent demand. Others, however, remain cautious and expect more consolidation before a clear trend emerges.

On-chain data from CryptoQuant reveals that long-term holders (LTHs) are currently sitting on an average unrealized profit of 215% above their cost basis. Historically, when these investors reach over 300% profit, they begin to gradually distribute their holdings back into the market. This places BTC in a zone of orderly profit-taking, not quite euphoria, but with a growing risk of a shift in behavior.

Whether the next move is a breakout or breakdown, the pressure is building. Bitcoin’s resilience above $107,000 continues to attract bullish attention, but only a strong push above the range will confirm momentum. Until then, market participants remain on edge, waiting for Bitcoin to pick a direction that could define the weeks ahead.

Long-Term Holders Reach Critical Zone: Bitcoin Tests Patience

Bitcoin’s recent price action has frustrated many investors, as the market continues to drift sideways in low volatility. After weeks of trading within a narrow range, market participants are beginning to lose patience. The prolonged consolidation presents downside risk if momentum fails to return soon. Despite this, the broader macroeconomic backdrop remains favorable. The U.S. stock market recently reached new all-time highs, and geopolitical tensions have eased, suggesting a supportive environment for risk assets like Bitcoin in the months ahead.

Top analyst Axel Adler shared insights pointing to a crucial on-chain signal — long-term holders (LTHs) are currently sitting on an average unrealized profit of 215% above their cost basis. Historically, when this metric crosses 300%, it marks a level where seasoned holders begin to distribute coins into strength. At 215%, the market is in the “orderly profit-taking” zone — not yet euphoric, but approaching levels that have historically led to increased sell pressure.

This on-chain signal suggests that while a breakout remains possible, upside may be limited unless new demand steps in. If the rally fails to extend soon, there’s a growing risk that long-term holders could begin offloading positions prematurely. This dynamic creates a delicate balance — bulls need to ignite momentum to attract new capital, or else risk seeing supply overwhelm price. For now, all eyes remain on $112,000 as the key level that could define Bitcoin’s next major move.

BTC Stuck Below Resistance

Bitcoin remains tightly range-bound between $107,500 and $109,600, with volatility continuing to compress as bulls attempt to push the price above resistance. As shown in the 8-hour chart, BTC has tested the $109,300 zone multiple times without managing a decisive breakout, suggesting strong selling pressure at this level. On the downside, the 50-, 100-, and 200-period moving averages (SMA) at $107,489, $106,572, and $105,448, respectively, continue to act as dynamic support levels.

Volume remains muted, signaling a lack of conviction from both bulls and bears. The longer BTC stays within this tight range, the more violent the eventual breakout could be. The price is currently hovering above all major SMAs, which is typically a bullish signal, and each dip toward the $107K zone has been met with buyer support.

If buyers manage to reclaim $109,300 with volume confirmation, Bitcoin could quickly revisit the all-time high near $112K. However, failure to hold above the moving averages could send BTC down to retest $103,600 — a key support level from late June. Overall, Bitcoin’s structure suggests that a significant move is coming, but directionality will depend on whether bulls can break resistance or bears regain momentum.

Featured image from Dall-E, chart from TradingView

The XRP price is once again capturing the attention of the market as it reclaims critical support levels and flashes a textbook breakout structure. With momentum building and bullish continuation signals aligning, analysts say the groundwork may be in place for a powerful Wave 3 surge—one that could send XRP soaring beyond the $3 mark. 

XRP Price Eyes Explosive Wave 3 Rally 

In a rather detailed X (formerly Twitter) post on July 7, CasiTrades, a prominent crypto analyst and trader, shared new insights on XRP’s future price movements, predicting its next breakout formation and highlighting the potential for a powerful Wave 3 rally. The analyst stated that XRP is currently flashing strong bullish continuation signals, as recent price action aligns with classic technical patterns, suggesting a major breakout above $3 may be near.

Looking at CasiTrade’s chart analysis, it appears that XRP has completed a textbook consolidation phase and has now reclaimed the critical $2.25 level, which served as the apex of the multi-month Symmetrical Triangle structure. Notably, the reclaim came after a brief fake-out to the downside. The $2.25 level also aligns with the 0.382 Fibonacci Retracement, marking it as a key macro resistance zone that turned support. 

Currently trading just above $2.3, CasiTrades revealed that XRP is testing local resistance. She noted that a confirmed breakout above this area could open the path to higher Fibonacci targets of $2.69 and $3.04. These levels also correspond to the 1.618 and higher macro Fibonacci Extensions from the previous rally wave. 

CasiTrades also highlights that XRP’s Relative Strength Index (RSI) is trending upward and remains below overbought zones, supporting continued upward momentum. She further notes that XRP is building this powerful breakout setup independently, without any bullish trigger from Bitcoin (BTC) or a major news catalyst. 

Moreover, XRP’s projected move has been identified as Wave 3 of 3 in the Elliott Wave Theory. While the exact top of this wave setup is yet to be determined, CasiTrades confirms that the breakout itself could define the structure of Wave 3, allowing for a more precise projection of bullish targets as the rally unfolds. 

Wave 4 Correction To Trigger 40% Breakdown

Following XRP’s anticipated bullish breakout and the completion of its projected Wave 3 peak, CasiTrades predicts that the cryptocurrency could soon enter a significant corrective phase in the form of Wave 4. This price correction is expected to retrace approximately 40% from the breakout high, depending on where Wave 3 tops out. 

The analyst pointed to a possible timeline for the Wave 3 peak, noting a key Fibonacci convergence expected in late July that could not only mark the top but also the potential start of the Wave 4 decline. For instance, CasiTrades notes that if XRP extends to a $6.5 target, the resulting pullback would likely lead to a retest toward the current all-time high near $3.84.

The XRP price is once again capturing the attention of the market as it reclaims critical support levels and flashes a textbook breakout structure. With momentum building and bullish continuation signals aligning, analysts say the groundwork may be in place for a powerful Wave 3 surge—one that could send XRP soaring beyond the $3 mark. 

XRP Price Eyes Explosive Wave 3 Rally 

In a rather detailed X (formerly Twitter) post on July 7, CasiTrades, a prominent crypto analyst and trader, shared new insights on XRP’s future price movements, predicting its next breakout formation and highlighting the potential for a powerful Wave 3 rally. The analyst stated that XRP is currently flashing strong bullish continuation signals, as recent price action aligns with classic technical patterns, suggesting a major breakout above $3 may be near.

Looking at CasiTrade’s chart analysis, it appears that XRP has completed a textbook consolidation phase and has now reclaimed the critical $2.25 level, which served as the apex of the multi-month Symmetrical Triangle structure. Notably, the reclaim came after a brief fake-out to the downside. The $2.25 level also aligns with the 0.382 Fibonacci Retracement, marking it as a key macro resistance zone that turned support. 

Currently trading just above $2.3, CasiTrades revealed that XRP is testing local resistance. She noted that a confirmed breakout above this area could open the path to higher Fibonacci targets of $2.69 and $3.04. These levels also correspond to the 1.618 and higher macro Fibonacci Extensions from the previous rally wave. 

CasiTrades also highlights that XRP’s Relative Strength Index (RSI) is trending upward and remains below overbought zones, supporting continued upward momentum. She further notes that XRP is building this powerful breakout setup independently, without any bullish trigger from Bitcoin (BTC) or a major news catalyst. 

Moreover, XRP’s projected move has been identified as Wave 3 of 3 in the Elliott Wave Theory. While the exact top of this wave setup is yet to be determined, CasiTrades confirms that the breakout itself could define the structure of Wave 3, allowing for a more precise projection of bullish targets as the rally unfolds. 

Wave 4 Correction To Trigger 40% Breakdown

Following XRP’s anticipated bullish breakout and the completion of its projected Wave 3 peak, CasiTrades predicts that the cryptocurrency could soon enter a significant corrective phase in the form of Wave 4. This price correction is expected to retrace approximately 40% from the breakout high, depending on where Wave 3 tops out. 

The analyst pointed to a possible timeline for the Wave 3 peak, noting a key Fibonacci convergence expected in late July that could not only mark the top but also the potential start of the Wave 4 decline. For instance, CasiTrades notes that if XRP extends to a $6.5 target, the resulting pullback would likely lead to a retest toward the current all-time high near $3.84.

While the broader cryptocurrency sector has rebounded, Solana has robustly regained upside traction, with a sudden bounce above the key $150 price level. Along with the recent notable surge in SOL’s price is a sharp increase in user activity across the prominent Solana network.

User Activity On The Solana Network Climbs Sharply

Solana’s renewed upward price action is being met with growing participation and investors’ interest in the SOL blockchain. Ali Martinez, an investor and crypto expert, reported the recent advancement in activity in a post on the X (formerly Twitter) platform.

According to Ali Martinez, user activity on the Solana network has surged sharply to crucial levels. It is worth noting that the notable increase in activity marks one of the network’s strongest spikes of participation in recent months. The rise in on-chain activity is centered around the surge in Solana’s daily active addresses, highlighting the ecosystem’s increased enthusiasm. SOL’s number of active addresses is currently rising to new territories, recording millions of engaging wallets.

Data from Santiment, a leading on-chain analytics firm, shared by Martinez reveals that more than 14.63 million SOL addresses were active in the last 24 hours. Such a significant increase in active addresses signals a fresh wave of user engagement.

In addition to demonstrating increased conviction in the network’s speed and scalability, this dramatic increase in active addresses also emphasizes Solana’s solidifying position as one of the most popular blockchains in the current cryptocurrency sector. A persistent surge in active addresses could set the stage for a bounce as the bull market phase strengthens.

Bigger Moves Incoming For SOL

Historically, this increase in active addresses has preceded price spikes, which raises the potential for a continued upward trend. After delving into the recent action of SOL, Batman, a crypto investor, stated that the altcoin is preparing for its next step while firmly maintaining its position above key support zones.

If SOL’s price closes the candle above the $200 mark, it might trigger a major upside move to new all-time highs. According to the expert, the altcoin’s close above $200 is a green signal to open long positions, and traders are stacking below the level in silence. Looking at the chart, Batman anticipates a huge rally to the $350 price level in the last quarter of this year.

SOL’s anticipated surge could be bolstered by growing demand as Batman drew attention to Solana’s on-chain activity. The expert reported that wallet addresses containing tokenized stocks on the blockchain increased from 4,400 to 22,500 to 33,300 in a single day.

This sharp uptick in wallets represents a 7.5x rise in the last two days. Batman is confident that these wallet addresses will continue to rise, highlighting that bigger price moves are on the way for Solana.

While the broader cryptocurrency sector has rebounded, Solana has robustly regained upside traction, with a sudden bounce above the key $150 price level. Along with the recent notable surge in SOL’s price is a sharp increase in user activity across the prominent Solana network.

User Activity On The Solana Network Climbs Sharply

Solana’s renewed upward price action is being met with growing participation and investors’ interest in the SOL blockchain. Ali Martinez, an investor and crypto expert, reported the recent advancement in activity in a post on the X (formerly Twitter) platform.

According to Ali Martinez, user activity on the Solana network has surged sharply to crucial levels. It is worth noting that the notable increase in activity marks one of the network’s strongest spikes of participation in recent months. The rise in on-chain activity is centered around the surge in Solana’s daily active addresses, highlighting the ecosystem’s increased enthusiasm. SOL’s number of active addresses is currently rising to new territories, recording millions of engaging wallets.

Data from Santiment, a leading on-chain analytics firm, shared by Martinez reveals that more than 14.63 million SOL addresses were active in the last 24 hours. Such a significant increase in active addresses signals a fresh wave of user engagement.

In addition to demonstrating increased conviction in the network’s speed and scalability, this dramatic increase in active addresses also emphasizes Solana’s solidifying position as one of the most popular blockchains in the current cryptocurrency sector. A persistent surge in active addresses could set the stage for a bounce as the bull market phase strengthens.

Bigger Moves Incoming For SOL

Historically, this increase in active addresses has preceded price spikes, which raises the potential for a continued upward trend. After delving into the recent action of SOL, Batman, a crypto investor, stated that the altcoin is preparing for its next step while firmly maintaining its position above key support zones.

If SOL’s price closes the candle above the $200 mark, it might trigger a major upside move to new all-time highs. According to the expert, the altcoin’s close above $200 is a green signal to open long positions, and traders are stacking below the level in silence. Looking at the chart, Batman anticipates a huge rally to the $350 price level in the last quarter of this year.

SOL’s anticipated surge could be bolstered by growing demand as Batman drew attention to Solana’s on-chain activity. The expert reported that wallet addresses containing tokenized stocks on the blockchain increased from 4,400 to 22,500 to 33,300 in a single day.

This sharp uptick in wallets represents a 7.5x rise in the last two days. Batman is confident that these wallet addresses will continue to rise, highlighting that bigger price moves are on the way for Solana.

Eric Trump, son of President Donald Trump, is set to make headlines next month when speaking at the Bitcoin Asia 2025 conference in Hong Kong, amid the presidential family’s growing interest in digital assets.

This event aims to establish the city as a leading hub for digital assets, competing directly with the United States. Under President Trump’s second administration, the United States has made considerable progress in regulating the growth of the crypto market.

A Rising Advocate For Bitcoin And Digital Assets 

In his address, Eric Trump will reportedly explore the long-term potential of Bitcoin, its implications for global finance, and the role Asia plays in shaping the future of Bitcoin adoption, announced by BTC Inc, the organization behind the conference.

Bitcoin Asia is the regional edition of the Bitcoin Conference, one of the largest cryptocurrency events worldwide. The conference made its debut in Hong Kong last May, coinciding with the city’s efforts to cultivate its digital asset sector.

Eric Trump, who co-founded the Bitcoin-mining venture American Bitcoin and is involved in the Trump family-backed initiative World Liberty Financial (WLFI), has been recognized as a prominent advocate for the industry on the international stage. 

Hong Kong Aims For Crypto Dominance

Trump’s participation comes at a pivotal time as Hong Kong intensifies its campaign to become a global leader in digital assets. This ambition aligns with the US government’s goal—during his father’s administration—to establish America as the “crypto capital of the planet.” 

In June, Hong Kong released its “Policy Statement 2.0 on the Development of Digital Assets,” which builds on a blueprint issued in late 2022. This policy outlines the city’s commitment to enhancing its digital asset infrastructure and achieving “new heights of global digital asset leadership.”

The competition for a first-mover advantage in the digital asset space is heating up, particularly as both Hong Kong and the US advance towards the legalization of stablecoins.

US crypto investors are awaiting the approval of bills such as the GENIUS Act and the CLARITY Act by the House. These bills have already secured Senate approval and are awaiting the next move from the House of Representatives before Trump’s signature.

Last year’s Bitcoin Asia conference attracted over 5,500 participants at the Kai Tak Cruise Terminal, with about half of the attendees coming from mainland China. This year, the event is scheduled to take place at the Convention and Exhibition Centre in Wan Chai on August 28 and 29.

When writing, Bitcoin trades at $108,370, down just 3% from its all-time high of $111,800 reached during May’s bullish rally for the crypto market. 

Featured image from NBC, chart from TradingView.com 

Гендиректор японской Metaplanet Саймон Джерович (Simon Gerovich) рассказал, что в будущем планирует задействовать крипторезерв своей компании для приобретения других компаний, генерирующих прибыль.

Инвестиционный директор компании Bitwise Мэтт Хоуган (Matt Hougan) сообщил, что всплеск интереса инвестиционных фондов к токенизации активов на блокчейне окажет положительное влияние на котировки эфира, Solana и XRP.

A trio of Senate Democrats has introduced legislation that would not only blacklist President Nayib Bukele and his inner circle but also order a forensic probe of El Salvador’s Bitcoin strategy. Filed on 12 June by Senators Chris Van Hollen (D-Md.), Tim Kaine (D-Va.) and Alex Padilla (D-Calif.), the El Salvador Accountability Act of 2025 (S. 2058) sits before the Senate Foreign Relations Committee.

Dems Target El Salvadors Bitcoin Strategy

The bill would trigger full economic-blockading powers under the International Emergency Economic Powers Act, freeze US-controlled assets of thirteen named Salvadoran officials—including Bukele, Vice-President Félix Ulloa and the president of the Central Reserve Bank—and revoke their visas. It also compels US directors at the World Bank, International Monetary Fund (IMF) and other multilaterals to vote against new loans to San Salvador while cutting off direct US assistance.

Section 5 is the measure’s Bitcoin fulcrum. Within 90 days of enactment, the Secretary of State, in consultation with Treasury, must deliver “a report on the actions of officials of the Government of El Salvador, including President Nayib Bukele, to use cryptocurrency as a mechanism for gross corruption, graft, and sanctions evasion,” together with wallet addresses, exchange counterparties and an estimate of the state’s Bitcoin stash.

That language resurrects concerns first formalized in the bipartisan Accountability for Cryptocurrency in El Salvador (ACES) Act of 2022, which ordered a risk assessment of Bukele’s original 2021 Bitcoin Law. In January this year, Bukele’s super-majority quietly stripped Bitcoin of its legal-tender status—part of an IMF rescue deal—though the asset remains accepted for payments and sits on the treasury’s balance sheet.

The sponsors insist the sanctions push is foremost a human-rights response. “Under President Bukele, tens of thousands of Salvadorans and even US residents remain jammed in megaprisons without due process,” Kaine said on introduction. Van Hollen added that Bukele is “taking American taxpayer dollars to imprison people as part of a scheme to violate their constitutional rights,” while Padilla called the crackdown “abhorrent” and said economic penalties are “a necessary step.”

Yet the text’s Bitcoin provisions signal Washington’s broader anxiety that a dollarized economy holding un-audited Bitcoin reserves could morph into a sanctions-evasion node—particularly if the Trump administration were to soften scrutiny. The bill would force the State and Treasury departments to expose addresses, custodians and governance arrangements for the Salvadoran wallets.

Related Reading: Bitcoin Volatility Hits Bull Cycle Low – Bollinger Bands Signal Potential Breakout

Bukele, never shy on social media, greeted the proposal with characteristic derision. “HAHAHAHAHAHAHA the Dems are just salty…” he wrote on X shortly after the bill went public.

Because S. 2058 invokes §502B of the Foreign Assistance Act, any committee member can force it to the floor if the State Department fails to furnish the mandated reports—an arcane privilege the sponsors have already flagged they are prepared to use. Still, Republicans have yet to signal support, and the House remains an open question.

If the measure passes intact, the White House would have ten days to list sanctioned individuals and 90 days to deliver the report. Sanctions could not be lifted for at least four years, and only after a presidential certification that El Salvador has ceased both its mass-detention state of exception and any Bitcoin-enabled sanctions evasion, according to the proposed bill.

At press time, BTC traded at $108,821.

Now is a great time to secure your crypto assets with a stylish Ledger hardware wallet. Until July 15, 2025, Ledger is offering 30% off its most popular devices in a range of eye-catching colors. This discount applies to all Ledger Nano X colors (except black) and all Ledger Nano S Plus colors (except black and orange).

The promotion is a great opportunity to own one of Ledger’s highly-rated devices. The unique color options, such as gold, pastel pink, emerald green, and sapphire blue, add a touch of personal style to these essential crypto security tools.

Why Ledger Wallets Are a Popular Choice for Crypto Storage

Ledger established itself as one of the most secure crypto wallets and boasts approximately 7M users worldwide. Their popularity is due to a combination of top-notch security features, a sleek design, and a user-friendly interface.

Some of the key features that make Ledger wallets stand out include:

• Supports over 5.5K coins and tokens, including NFTs
• Bluetooth connectivity for convenient wireless transactions
• Third-party wallet compatibility for seamless integration with popular software wallets
• Earn rewards by staking supported tokens like Solana, Ethereum, and Cosmos directly through your Ledger device
• The Ledger Live mobile app allows you to manage your assets, install multiple apps, and track your portfolio

Uncompromised Security: The Core of Ledger’s Design

What truly separates Ledger from other hardware wallets is its multifaceted security features designed to keep your assets safe from a whole array of threats.

Ledger’s standout security measures include:

• Secure Element (SE) chip: The tamper-proof CC EAL5+ certified chip securely stores your private key offline, keeping it completely separate from your internet-connected device. The SE chip also protects the device’s screen from attacks like clickjacking and address poisoning.
• PIN code protection: Your PIN code is the first layer of defense and is needed to access the device and confirm any transactions.
• BOLOS operating system: Ledger’s proprietary Blockchain Open Ledger Operating System (BOLOS) is custom-built for asset security. It isolates installed apps so that they cannot communicate with each other, so if one application is compromised, it won’t affect the others.
• 24-word recovery phrase: This standard cryptographic backup is crucial for regaining your wallet’s contents if you lose or damage your device. If you lose this phrase, you lose your assets, as not even Ledger’s customer support can help you retrieve them.

Ledger’s Donjon team reinforces its commitment to security. This internal team of ethical hackers constantly attempts to identify vulnerabilities in Ledger’s hardware and software.

They even have a dedicated blog where they publicly post their attempts and findings and operate a Bug Bounty program to incentivize the wider security community to report any weaknesses with Bitcoin rewards.

This rigorous, multi-layered security approach explains why Ledger wallets have never been breached. The only notable security incident was a data leak from Ledger’s internal servers, which took place in 2020. It didn’t affect the security of users’ funds stored on Ledger devices.

Should You Buy Ledger?

If you want a secure, easy-to-use, and portable hardware wallet, Ledger offers an excellent solution. It provides almost impregnable security, convenience, and the ability to access and transact your funds on the fly.

The current 30% discount for Nano S Plus and Nano X is another incentive, allowing you to blend top-tier security with personal style, thanks to the epic color palette that turns your wallet into a useful and chic accessory.

To learn more about Ledger products or take advantage of this limited-time offer, visit the official website today. Remember the promotion ends on July 15, in less than a week.

Remember, this is not financial advice. Do your own research (DYOR) before making any investment decisions.

Аналитики платформы Debank и специалисты по кибербезопасности компании PeckShield сообщили, что децентрализованная криптобиржа GMX была взломана хакерами, которые вывели $42 млн.

Компания Ripple объявила о партнерстве с американским The Bank of New York Mellon Corporation (BNY Mellon). Банк станет основным кастодианом для хранения резервов стейблкоина Ripple USD (RLUSD).