THE LATEST CRYPTO NEWS

Ripple’s Chief Executive Officer (CEO), Brad Garlinghouse, has issued a serious warning to XRP investors amid a surge in scam activity targeting investors across social media platforms like YouTube. The alert follows increasing reports of fraudulent accounts impersonating Ripple and its executives, with the aim of tricking users into sending their XRP.    Ripple Warns Investors Of Rising XRP Scams On July 23, Garlinghouse took to X social media to raise the alarm on a sharp rise in XRP scams, urging investors and community members to stay alert. According to the Ripple CEO, scammers are capitalizing on market momentum and community excitement to ramp up impersonation schemes, particularly targeting unsuspecting XRP holders. Related Reading: How Ripple Is Taking On SWIFT To Grab 14% Market Share As XRP Price Surges One of the most notable developments flagged by Garlinghouse is a recent surge in fraudulent activity on YouTube, where scammers have taken over existing channels, rebranded them to resemble recognized Ripple accounts, and begun promoting misleading content that impersonates the crypto company and its executives. In its official X account, the Ripple team stressed that these YouTube accounts are legitimate and do not belong to the crypto firm, despite appearing convincing. In many cases, the usernames have been altered to mimic the company’s official handles, often making it difficult for unsuspecting users to identify the deception. These scam videos frequently promise giveaways, rewards, or investment multipliers, usually asking users and investors to send XRP in exchange for a larger return. Garlinghouse has emphasized that neither he nor Ripple will ever request XRP from anyone under any circumstances.  To combat the growing threat of skyrocketing crypto scams, Ripple is actively and aggressively reporting these fraudulent accounts and encouraging its community to do the same. The company has reiterated that its official channels remain the only trusted sources of communication and provides a direct reminder to always verify account handles and links before engaging. Notably, Garlinghouse concluded his post with an important reminder to stay vigilant against avoidable losses. He warned that “if it sounds too good to be true, it probably is.”  Ripple Alert Highlights Broader Threat Amid Market Recovery Beyond the immediate focus on the YouTube impersonation scams, Garlinghouse’s report touches on a broader trend of escalating crypto fraud that tends to spike during periods of market recovery or growing optimism. This pattern, described by the Ripple CEO as “like clockwork,” suggests that malicious actors closely monitor community sentiment and time their campaigns to exploit emotional and financial excitement. Related Reading: XRP Transactions Barrels Over $1 Billion To Monthly Highs, Are Whales Driving The Next Leg? In a broader context, the rise in XRP scams has coincided with the recent surge in the altcoin’s price to above $3.6. Additionally, they come after bullish news like Ripple’s growing regulatory clarity and legal win against the US SEC. As the XRP price inches closer to ATH levels and gains more momentum, bad actors are leveraging this wave of optimism to cast a wider net, targeting investors through sophisticated scams and fraudulent schemes. Featured image from Getty Images, chart from Tradingview.com

Crypto analyst Steph has issued a warning to XRP investors regarding the current price action. He alluded to a multi-year resistance that the altcoin has struggled to break, noting that this should be the major focus as it eyes new highs.  XRP Needs to Break Above the $3.6 Resistance In an X post, Steph shared a video in which he analysed the XRP monthly chart, dating back to the 2020 bull run. He highlighted an upward-sloping trendline for the altcoin, which showed that the altcoin has faced rejection at around the $3.6 level twice now. The first was in January of this year, when the altcoin surged to a yearly high.  Related Reading: Expect A “Biblical Move” Off This Formation; Analyst Tells XRP Investors Meanwhile, the second has occurred again following the XRP’s latest rally to a new all-time high (ATH) around this $3.6 resistance. Steph declared that the altcoin needs to break above this multi-year trendline resistance, as it risks falling into “an ugly period of downward momentum” if it can’t flip this level into support.  However, if XRP breaks above this resistance, Steph predicts that it could record a parabolic rally, which would send its price into double digits. The crypto analyst is more confident that the altcoin will break this resistance, noting that other bullish patterns support sustained bullish momentum.  In the short term, Steph predicts that XRP could rally to as high as $4.42. He highlighted a double bottom breakout on the 4-day chart, which is still in play for the altcoin. He assured that XRP could still maintain this upward momentum despite the current pullback in the broader crypto market.  However, if this bearish trend in the crypto market sustains for a while, he warned that the $3 support level is the one that XRP needs to stay above to avoid losing its bullish structure. The analyst expects a lot of buying pressure if the altcoin were to drop to this support level.  What Next As The Altcoin Retests $3 In an X post, crypto analyst CasiTrades noted that XRP was unable to hold the $3.21 resistance and has now fallen back to test the $3 support. She stated that the altcoin appears to have completed a subwave wave 2 of a new trend, reaching a deep .854 retrace. If this new low holds as support, then she suggested that it could kickstart a large impulse to the upside.  Related Reading: XRP Is About To Break 8-Year Resistance Against Bitcoin Ahead Of Spot ETF Approval CasiTrades predicts that XRP could reach new highs if volume begins to rise and the price starts moving back above the $3.21 resistance. She noted that the first wave 3 sits near $3.82, which is the 2.618 Fibonacci extension. Her accompanying chart showed that the altcoin could reach $3.8 on this next run-up.  At the time of writing, the XRP price is trading at around $3.16, up over 2% in the last 24 hours, according to data from CoinMarketCap. Featured image from Getty Images, chart from Tradingview.com

The Shiba Inu price is back in the spotlight after a massive Coinbase transfer of 5 trillion SHIB shakes the broader market and sparks speculation across the crypto community. With uncertainty surrounding the intent of the large-scale SHIB transfer, the transaction has drawn significant attention and comments from crypto watchers, especially as it comes on the heels of a recent crash in the meme coin’s price.  Related Reading: The US Is A Bitcoin Whale—Arkham Clarifies BTC Holdings After Brief Panic Whale Moves Fuel Shiba Inu Price Speculation  A new report from Whale Alert on X social media has confirmed a jaw-dropping transfer of 5 trillion SHIB, worth approximately $69.98 million from crypto exchange Coinbase to an unknown wallet. The move has reignited market discussions, closely following a significant crash in the meme coin’s price that erased weeks of gains. CoinMarketCap’s data shows that Shiba Inu is now trading at $0.000014, down by more than 7% in just a few days. Notably, the 5 trillion SHIB transfer by the anonymous whale has raised eyebrows across the crypto community, with many expressing their astonishment over the sheer size of the transaction and others viewing it as a calculated move. The timing and size of the transfer have also led some to interpret it as a bearish signal, potentially indicating an upcoming sell-off, which could lead to further declines in the meme coin’s price.  Others assert that the tokens have been deliberately taken off the active trading market and put into a vault, hinting at a strategic supply reduction. If conditions remain optimal, this could set the stage for a possible liquidity squeeze. In addition, as demand returns to the market, the crypto member states that Shiba Inu could face a thin wall of available supply, potentially triggering a price rebound.  What’s more, the lack of clear information regarding the receiving wallet has only added to the speculation, with a community member suggesting that the entity, the 5,000,000,000,000 SHIB transfer, may have been driven by insider knowledge. Typically, whale moves of this magnitude tend to influence market sentiment, potentially triggering sharp price reactions and raising questions about possible coordinated activity. Market Eyes Possible Price Revival Beyond the initial shock of the 5 trillion SHIB transfer and its potential implications on price action and whale activity, many in the crypto space are beginning to draw connections to a broader bullish trend or possible price resurgence. Some crypto members believe that the reemergence of high-value whale entities could be a potential precursor of big price moves.  Related Reading: Crypto’s Golden Rule Just Got Broken, According To Analyst Others suggest that this move could trigger the start of a meme coin season, where speculative assets like Shiba Inu or Dogecoin experience renewed investor interest and dramatic price surges. Historically, large and sudden whale movements often precede market-wide interest and price rallies in meme tokens, particularly when those moves significantly shrink supply and hint at potential future accumulation.  Featured image from Pexels, chart from TradingView

Scottie Pippen, the six‑time NBA champion, stirred up the crypto community this week. He put out a poll on X asking his 728,000 followers whether XRP will hit $10 by 2026. Alongside that question, he also threw out bold targets for Bitcoin, Ethereum and Solana. The move sent traders and fans buzzing. Related Reading: The US Is A Bitcoin Whale—Arkham Clarifies BTC Holdings After Brief Panic Pippen’s Viral Crypto Poll According to his post, Bitcoin could climb to $233,000, Ethereum to $10,000 and Solana to $1,000. Pippen gave people four choices for each token and let them vote. Travis Turnbull and others in the comments threw their support behind XRP reaching $10, while some thought even 2026 might be too soon. Polls like this tend to draw big crowds, and Pippen’s name carries weight well beyond sports. Which one of these will happen in 2026: • Bitcoin will hit 233k • $ETH will hit $10k • $SOL will hit $1k • $XRP will hit $10 • Your UBER driver will tell you about the @game5ball • Optimus will deliver you food • Aliens will invade • 2pac returns — Scottie Pippen (@ScottiePippen) July 24, 2025 XRP is trading around $3.18 right now. That price is down 2.2% in the past day, though it’s still up 45% for the month. At that level, the token’s market cap sits near $156 billion. To hit $10, XRP would need to swell to about $500 billion based on its roughly 50 billion coins in circulation. That jump would rank it among the world’s biggest assets. Bullish Forecasts From Other Analysts Based on reports, an NFT project founder predicted XRP could top $10 by next year if Bitcoin rockets toward $250,000. A well‑known crypto analyst updated his earlier $4–$5 call to $10 after a surge in bullish momentum. Aaron Arnold, host of Altcoin Daily, went even further with an $11 target by 2025. He called that figure “realistic,” pointing to growing demand and fresh capital flows. Realistic 2025 #altcoin price predictions:$ADA – $4$XRP – $11$INJ – $99$BORG – $3.50$PENGU – $0.10$PUMP – $0.01$SOL – $400 What else? ???? — Altcoin Daily (@AltcoinDaily) July 25, 2025 If XRP ever hit $11, its market cap would soar past $650 billion. That would put it ahead of big names like Mastercard and Tencent on the value charts. Such a move would reshape how people see cross‑border payments and tokenized banking rails. Related Reading: Crypto’s Golden Rule Just Got Broken, According To Analyst What It Takes To Hit $10 Reaching $10 won’t happen on hype alone. XRP still faces legal hurdles in the US. Banks need clear rules before they can embrace it at scale. On‑chain activity must keep rising, and fresh partnerships with payment firms or tech players are a must. At the same time, rival tokens and layer‑2 solutions compete for investor money. Timing is key, too. Crypto often moves in waves, and a bull run can last months or years—but corrections can come fast. Featured image from NBA, chart from TradingView

TRON (TRX) has experienced a steady upward price movement alongside broader market gains. Over the past week, the asset has climbed over 5%, recently crossing the $0.31 mark and currently trading around $0.3132. This recent performance reflects growing interest in the TRX market, supported by on-chain signals suggesting continued buyer dominance. One of the more notable observations comes from on-chain analyst Maartunn, who shared his latest insights on CryptoQuant’s QuickTake platform. His focus centers on the Spot Taker CVD (Cumulative Volume Delta) metric, a tool that tracks the net difference between market buys and sells. Related Reading: TRUMP Meme Coin Plants Flag On TRON Network—Details Spot Taker CVD Signals Buyer Dominance According to the analyst, the data currently points to sustained buying pressure, a potentially significant trend for TRX’s near-term trajectory. Maartunn’s post titled “TRON: Spot Taker CVD shows Taker Buy Dominant” explores how cumulative market order activity can provide context for TRX’s current momentum. He explains that Spot Taker CVD is calculated by summing the difference between market buy (taker buy) and market sell (taker sell) volumes over a 90-day period. When the CVD is rising and positive, it suggests a buyer-dominant phase, which often coincides with upward price action. “Currently, the indicator shows that Taker Buy Volume is dominant,” Maartunn wrote. He noted this trend tends to align with price increases, as it reflects more aggressive buying behavior in the market. This buying pressure, according to the analysis, is likely fueled by factors such as increased TRON network usage and recent ecosystem developments, including the debut of the first TRX Treasury Company and continued stablecoin activity on the chain. TRON Network Stability and User Participation Add Context While the CVD trend highlights the market’s appetite for TRX, other indicators help build a broader view. A separate post by CryptoQuant analyst CryptoOnchain highlighted improvements in the TRON network’s stability. According to on-chain data, the network is currently producing around 28,500 blocks per day, with minimal volatility, suggesting a more reliable infrastructure capable of handling high transaction volumes. These developments are supported by technical upgrades, including the Dynamic Energy Model (Proposal #84), enhanced staking yields that reach up to 7.31%, and professional security audits. TRON also recorded more than 780 million transactions in Q2 2025, representing a 37% increase year-over-year. Despite this heavy throughput, the network has maintained consistent block production. Related Reading: Tron DeFi Activity Expands: SunSwap Hits $3B+ Monthly Swaps In 2025 Taken together, the sustained taker buy dominance, strong technical performance, and growing user participation indicate that TRON is experiencing both market and infrastructure-driven momentum. If buying pressure continues and network trends hold, TRX could be positioned for further growth in the coming months. Featured image created with DALL-E, Chart from TradingView

Crypto analyst Crypto Bullet has alluded to a technical pattern for Ethereum, which mirrors its 2019/2020 price action. Based on the similarities, the analyst gave a breakdown of what to expect from ETH in the coming months.  Ethereum Shows Descending Broadening Pattern In an X post, Crypto Bullet stated that Ethereum has shown an impressive recovery and is now starting to resemble a Descending Broadening Wedge pattern. He further noted that this pattern is almost identical to the one which ETH had between 2019 and 2020. The analyst added that the picture looks very bullish right now. Between 2019 and 2020, when this pattern emerged, the altcoin rallied from around $180 to $700 in just six months.  Related Reading: Ethereum Maxi Compares Bitcoin To Outdated Landlines, Reveals Why ETH Is Better Further commenting on the current Ethereum price action, Crypto Bullet revealed that the altcoin is testing the resistance at around $3,700 for the third time. He believes that ETH will eventually break out from this range. However, the analyst warned that there may be a 10 to 15% pullback around that area before that.  Meanwhile, Crypto Bullet assured that Ethereum will rally hard once it breaks out from this formidable resistance. He predicts that this breakout will lead to a new all-time high (ATH) for ETH, meaning the altcoin is likely to reach $4,900 on the next uptrend. The analyst also stated that the cycle top target for ETH is between $8,000 and $10,000.  Crypto analyst Mikybull Crypto is also confident that Ethereum can reach $10,000 before this market cycle ends. In an X post, he stated that the euphoria stage will start when ETH breaks a new all-time high (ATH). He indicated that the break above ATH will spark a rally to between $7,000 and $10,000. Once that happens, the analyst believes that a massive bear market will ensue.  ETH Is Yet To Enter The Banana Zone In an X post, crypto analyst Ted stated that Ethereum is yet to enter the banana zone. He noted that right now, the altcoin is going through a correction after pulling a 70% rally from its April 2025 lows. The analyst further opined that there will be some sideways accumulation before ETH breaks above $4,100.  Related Reading: Ethereum’s Breakout Above The MA50 Suggests Further Upside, Here’s The Target However, once that happens, he predicts that Ethereum will record the “most violent rally.” His accompanying chart showed that ETH could rally to a new ATH of around $7,000 on the first leg up. Based on the chart, Ted also believes that the altcoin could reach $14,000, $41,000, and $92,000 at some point.  At the time of writing, the Ethereum price is trading at around $3,563, down over 4% in the last 24 hours, according to data from CoinMarketCap. Featured image from iStock, chart from Tradingview.com

Crypto markets awoke on Wednesday to the first meaningful bout of selling in more than a month, and Kev Capital TA did not sound surprised. In a late-night livestream, the analyst told viewers that Bitcoin’s failure to clear the “brick-wall” band between $120,000 and $123,000 had made an altcoin shake-out “the most obvious pullback spot ever,” capping four straight weeks of euphoric gains across Ethereum, Solana, Dogecoin, XRP and the rest of the sector. Crypto Bulls Crushed: Why Altcoins Ran Out Of Gas “Daily RSIs were at ninety on everything, including ETH, while Bitcoin was pinned under one-twenty,” he said. “That is a textbook sell wall. You don’t blast through that after running straight up for a month.” His chart of Total-2—the market-cap index that strips out Bitcoin—showed the gauge banging into the exact horizontal ceiling that had turned back altcoins in May, August and November 2021, again in December 2024, and once more in January this year. Each rebuff, he reminded the audience, had sparked corrections of 30-to-60 percent in the majors and far larger drawdowns in the speculative tail. Kev’s core message was that nothing in the current tape resembles a lasting top for the cycle. The move, he argued, is a pressure-release that clears excess leverage and restores “risk-free long exposure” for disciplined traders who skimmed profits on the way up. The fulcrum remains Bitcoin. Until the largest asset can establish weekly closes above the 1.0886 Fibonacci extension at $119,964, altcoins will “run out of gas.” He located initial Bitcoin support at $116,400, with deeper cushions at the $112–113k band and, in a worst-case flush, the $106.8k shelf. A break below the first of those levels “isn’t necessary” in his view, but he warned new entrants against treating a ten-percent dip in their favorite microcap as a buying opportunity: “If Total-2 drops another thirty percent, your altcoin is going down a lot more than ten.” Why, then, does he remain upbeat? Kev cited a confluence of on-chain and macro tailwinds that, in his back-testing, have never failed to resolve higher. Bitcoin’s weekly Hash Ribbons flashed a buy signal nine weeks ago and has advanced only eight percent since—far below the historical mean of thirty-eight to one-hundred-one percent that materialises two to nine weeks after the trigger. A second, still-pending buy signal is “coming within the next week or two,” stacking probabilistic odds in favour of a leg higher. Related Reading: Crypto Market’s Fate Hangs On The Last Days Of July At the same time, he noted, the Federal Reserve’s quantitative-tightening program is “barely selling anything on the balance sheet,” while Truth Inflation’s real-time gauge pins headline CPI at 2.0–2.1 percent. A spate of tariff de-escalations—including a tentative, across-the-board fifteen-percent cut in EU-US duties announced moments before he went live—suggests that inflation risks are skewing lower rather than higher. “As long as the macro stays quiet—low inflation, steady labour market, dovish policy projections—valuations can march north,” he argued, adding that upcoming earnings from Google, Tesla and the rest of Big Tech will feed directly into crypto multiples because “the guidance is correlated whether you like it or not.” Seasonality is the wild card. August and September are notoriously fickle for risk assets, a period he likened to “the biggest vacation month of the year and then back-to-school.” Yet he stressed that cyclicality alone cannot trump a supportive macro backdrop. Instead, he expects a period of choppy consolidation—anchored by Bitcoin’s tussle with $120k and the golden-pocket bounce in Bitcoin Dominance—before the market’s next sustained advance. “We are like the running back; the offensive line has opened the hole, but we haven’t burst through it yet,” he said. “If macro stays resilient, this is the year it finally happens.” His forward timeline therefore hinges on two visible catalysts: A decisive Bitcoin breakout above $123,000. When that prints on a multi-day close, he believes the four-year Total-2 ceiling will snap, unleashing capital rotation back into ETH and the broader alt market. “Everything leads back to Bitcoin,” he said. “Crack that wall and the catch-up trade reignites.” Related Reading: House Passes Major Bills During ‘Crypto Week,’ But Significant Changes May Take Time Second is the continuation of the benign macro mix through Q3. Should inflation hold near two percent and the Fed confirm an end-to-QT schedule in its September meeting, Kev projects the next Hash-Ribbons signal will “play out as violently bullish as the model has ever shown,” delivering what he calls the “last six-month window” of the cycle. Asked in chat “when this pullback will be over,” the analyst refused to pin a date on it. “I’m not looking at the clock,” he replied. “Time doesn’t matter; the levels do.” Still, his body language betrayed optimism: he plans no further sales, sees no need to add until volatility subsides, and—despite acknowledging August’s chop potential—spoke repeatedly about “riding what I have” into the final quarter of 2025. In other words, the cool-down now underway is less a bear-market omen than the mandatory breather before a potential breakout. Traders who missed the July run are advised to watch Bitcoin’s $116k and $112k buffers for signs of an exhaustion wick, monitor Bitcoin Dominance for a failure rally below sixty percent, and keep an eye on the next CPI print. If those dominoes fall in line, Kev Capital is confident the real fireworks—an altcoin surge that carries Total-2 into price discovery for the first time since 2021—will begin “sooner than most people think, and definitely while everyone’s still on summer holiday.” At press time, TOTAL2 stood at $1.44 trillion. Featured image created with DALL.E, chart from TradingView.com

Bitcoin’s recent price action reflects a consolidation phase rather than a decisive move in either direction. After briefly touching an all-time high of over $123,000 earlier this month, BTC has seen a gradual pullback, currently trading around $118,000 at the time of writing. This represents a 1.1% drop in the last 24 hours and a 3.9% decline from its peak, as traders evaluate whether the current market structure suggests a continuation or a correction. According to new insights from CryptoQuant contributors, indicators present a split narrative. Some metrics suggest rising optimism among traders, while others indicate a more cautious and holding-focused environment. Related Reading: Trump Shares Viral Bitcoin Breakdown — Here’s What He Posted Surge in Long Positions Raises Contrarian Concerns CryptoQuant contributor BorisVest highlighted a notable spike in the long/short sentiment ratio on Binance, showing a growing preference among traders for long positions. This metric, which tracks the volume of long versus short positions on the exchange, has tilted significantly bullish within the $116,000–$120,000 price range. He noted that during Bitcoin’s previous consolidation between $100,000 and $110,000, sentiment leaned toward short positions, a setup that preceded a breakout to the upside and a wave of short liquidations. This time, however, the environment has flipped. BorisVest explained: Now that sentiment is skewed heavily toward longs, the same principle could apply in reverse. When the majority positions in one direction, it often creates a setup for the opposite move. The current range is acting as a trap zone, where traders’ expectations are repeatedly tested. The historical tendency for sentiment extremes to precede contrary price action has prompted some analysts to advise caution, suggesting that growing bullish bias could lead to a temporary reversal if met with enough liquidity pressure. Bitcoin Exchange Flow Patterns Reflect Investor Patience While Binance sentiment data leans bullish, another key on-chain indicator paints a different picture. CryptoQuant analyst Arab Chain examined the Bitcoin Flow Pulse (IFP) indicator, which tracks BTC movements to centralized exchanges. Related Reading: Bitcoin Must Defend This Key Support For $180,000 Year-End Target, Analyst Says According to the data, despite Bitcoin’s recent high above $120,000, there has not been a corresponding spike in exchange inflows, suggesting that investors are not rushing to take profits or exit the market. This behavior contrasts with historical cycles in 2017 and 2021, where price peaks were accompanied by large exchange inflows and followed by corrections. Arab Chain wrote: The market now shows a consolidating trend, with reduced selling pressure. The low flow to exchanges indicates confidence among holders and suggests that many participants are expecting the uptrend to continue. Still, he cautioned that a shift in the IFP indicator, such as a sudden rise in exchange flows, could act as an early warning for increased supply pressure. Featured image created with DALL-E, Chart from TradingView

Litecoin (LTC) is picking up speed. The coin is now trading at $116 after rising 20% over the last seven days. Trade volume has also jumped by 1.30%, hitting $1.27 billion. Related Reading: Too Pricey? Expert Says XRP Beats Bitcoin And Ethereum Right Now That’s a clear sign of growing activity. Over the past week, LTC has surged by 24%, reaching a high of $119.21. For many traders watching the charts, momentum is starting to build again. Bulls Eye $125 As Momentum Builds Crypto analyst Naveed said Litecoin has broken through a key resistance level. According to him, the price “filled the fair value gap” and moved higher just as predicted. The next target now falls in the $120–$125 zone. That’s the level many traders are watching as a potential breakout point. $LTC just broke above a key level just as told before and is now flying at $118.26 – Price filled the FVG and pushed HIGHER – Target hit ✅ Next target: $120–$125 zone Let’s see if bulls can keep it going https://t.co/ozGP3gVXA3 pic.twitter.com/PB59Jy832U — Naveed (@navex_eth) July 21, 2025 The growing optimism isn’t just about short-term moves. Some analysts have projected that LTC might reach as high as $262 sometime in 2025, even after a rough start to the year. Their outlook includes a rise to $140, followed by a potential dip under $94 before making a comeback. The long-term picture includes a shot at the previous all-time high of $413, although that’s a steep climb from where it is now. Litecoin Sentiment Turns Bullish Meanwhile, CoinCodex gave a more conservative outlook. They expect LTC to rise by 15% and hit $134 by August 22, 2025. Their technical indicators show that the overall sentiment is bullish. Also, the Fear & Greed Index is currently sitting at 74, which points to high confidence—or greed—among investors. LTC has registered gains on 19 of the previous 30 trading days. That’s approximately 60% of the time, with price fluctuations of nearly 11%. It’s an indicator that Litecoin’s price is going up, but it’s not doing so in a linear motion. Investors are finding space for appreciation but are aware the market is still volatile. Market Watching $140 After $125 Test If LTC clears the $125 resistance, the path toward $140 could open up. A lot of traders agree this level is important, not just from a technical point of view but also because of growing market interest. Social chatter is increasing, and trading activity is starting to pick up across different crypto exchanges. Related Reading: Solana DeFi Rebirth: TVL Breaks Past $14 Billion Amid Price Surge However, not everything is certain. Global markets are still reactive to such things as interest rate changes, inflation reports, or policy changes. Crypto regulation is also something that might shift sentiment very rapidly. But Litecoin’s recent resilience has allowed it to outshine altcoins during this month. With $134 in sight and a possible return to $262 in 2025, Litecoin is showing signs of life again. Whether it can sustain the rally will depend on what happens next—especially around that $125 line. Featured image from Unsplash, chart from TradingView

BNB, the native cryptocurrency of BNB Chain, crossed the $800 level in early Asian trading on Wednesday to set a new all-time high of $801. Related Reading: Too Pricey? Expert Says XRP Beats Bitcoin And Ethereum Right Now The surge came after a 5% increase over the last 24 hours and a 13% gain in the last week, taking BNB’s market capitalization to over $110 billion. Currently, it ranks as the fifth-largest cryptocurrency by market capitalization. Spike In Volume And Derivatives Trading Volume trading around BNB has increased strongly. According to Coinglass data, daily volume rose over 40% to over $3 billion. Derivatives volume surged 31% to $2.18 billion, while open interest in BNB futures increased 19% to $1.23 billion. These represent an expanding tide of speculation and demand for the asset, perhaps fueled by fresh money flowing into the market. A good deal of this movement seems to be riding on bullish momentum forming around BNB’s recent price action. The token has been in an uptrend for weeks now, and this breakout above its previous highs indicates buyers are remaining bullish, even as there are indications that the market is heating up. Meanwhile, the relative strength index (RSI) is also well into overbought conditions at 87.50. When the RSI crosses above 70, it generally means that a pullback may be imminent. Nevertheless, the uptrend is still in place. BNB is well above its 20-day simple moving average of $704. Price is higher with good volume, and this is a combination that is commonly used to confirm trend strength. Nano Labs Buys $90 Million Worth Of BNB Institutional buying could be propelling the rally. On July 22, China-founded Web3 infrastructure company Nano Labs Ltd announced it had added 120,000 BNB tokens to its holdings—worth around $90 million. According to the company, it bought over-the-counter at an average cost of $707 per BNB. Nano Labs stated that it views BNB as a strategic reserve asset and will continue to add to its holdings. It also stated that it will invest in companies that are dedicated to the BNB ecosystem. Such a long-term commitment brings an element of confidence for retail investors tracking the token’s movements closely. All the hype aside, there are beginning to appear some warning signs. BNB is now trading above the top Bollinger Band, an indication that the token may be getting stretched. Related Reading: Solana DeFi Rebirth: TVL Breaks Past $14 Billion Amid Price Surge Featured image from Unsplash, chart from TradingView

Crypto analyst Xanrox has declared that the Ethereum price is on the brink of recording a parabolic rally to $5,500, a new all-time high (ATH). He also outlined factors that could drive the ETH rally to this target.  Ethereum Price Eyes Rally To $5,500 In The Short Term In a TradingView post, Xanrox predicted that the Ethereum price could rally to $5,500 in the short term because banks and states are buying. He also claimed that ETH is part of the USA crypto reserve, which is bullish for the altcoin. Meanwhile, the analyst also alluded to the Ethereum ETFs, as another factor that could drive demand for ETH.  Related Reading: Ethereum ATH Above $4,800? Here’s How High It Will Go If 2021 Repeats According to him, these institutional investors count ETH as the future of the crypto industry, which is a positive for the Ethereum price. These institutional investors have recently been warming up to ETH amid optimism that these funds could soon include a staking feature following the SEC’s approval. For the first time last week, these funds beat the Bitcoin ETFs in daily flows. Xanrox is also bullish on the Ethereum price from a technical analysis perspective. He noted that the altcoin is currently inside an ascending channel and breaking out with strong bullish momentum. The analyst also indicated that this was still a good time to buy ETH despite how much it has rallied this month, reaching a six-month high.  He claimed that the Ethereum price is somewhere in the middle. As such, those who buy now can get to sell when ETH reaches $5,500. Xanrox added that the $5,500 level is likely where the altcoin will consolidate for a long time before going higher. Interestingly, his accompanying chart showed that Ethereum could even rally to as high as $113,000 at some point.  A Demand Shock Is Coming For ETH In an X post, Bitwise Chief Investment Officer (CIO) Matt Hougan declared that a demand shock is coming for ETH, which is why he predicts that the Ethereum price will continue to rally. He noted that the altcoin is up over 50% in the past month and more than 150% since its lows in April, thanks to overwhelming demand from ETFs and corporate treasuries.  Related Reading: Ethereum Road To $10,000: Replay Of May’s Playbook Predicts Another Breakout Matt Hougan expects this demand to keep rising. He noted that ETF investors remain significantly underweight in terms of their ETH-to-BTC holdings ratio. The market expert further stated that although ETH’s market cap is about 19% the size of BTC, the Ethereum funds have amassed less than 12% of the assets that the Bitcoin ETFs hold. As such, he expects these investors to allocate more ETH, which is bullish for the Ethereum price.  The Bitwise CIO predicted that Ethereum ETFs and treasury companies could purchase up to $20 billion of ETH in the next year, equivalent to 5.33 million ETH at today’s prices. Meanwhile, the Ethereum network is expected to produce around 800,000 ETH over the same period, resulting in demand that is seven times greater than supply.  At the time of writing, the Ethereum price is trading at around $3,700, up in the last 24 hours, according to data from CoinMarketCap. Featured image from Pixabay, chart from Tradingview.com

Altcoins tumbled Wednesday, triggering over $200M in liquidations and pushing bitcoin’s dominance back past 60%.

Solana’s price rally reached a new milestone on Monday. SOL traded at $195.50 per coin, pushing the total valuation to over $105 billion for the first time since January 25. Related Reading: Too Pricey? Expert Says XRP Beats Bitcoin And Ethereum Right Now That jump reflects growing optimism around the token. Short‑term gains have been strong, but questions remain about how deep the recovery really runs. DeFi TVL Rises With Price Based on reports, Solana’s total value locked in DeFi hit $14.18 billion. That’s the highest level in six months, back to where it stood in January when SOL first reached its all‑time high. A big chunk of that gain comes from the token’s own price climbing. When SOL moves up, every coin locked in lending pools and vaults gets worth more on paper. Users haven’t needed to rush in and lock fresh tokens to boost TVL numbers. The overall ecosystem feels larger. Yet true usage growth may be slower than those headline figures suggest. Experts are keeping a close eye on how many new deposits actually show up. After all, token value and real‑world demand don’t always rise at the same pace.   DEX Trading Activity Shows Uptick Between July 14 and July 20, Solana’s decentralized exchanges handled over $22 billion in trading volume. That’s up from close to $19 billion the week before. Raydium led with $8.4 billion, followed by Orca at almost $6 billion and Meteora at $5.3 billion. Based on data, traders are coming back. But weekly volumes still sit far below the $98 billion peak set in mid‑January. That gap signals a market that’s warming up but not yet boiling over. Volume gains show renewed interest among active users. It also hints that fresh strategies and new tokens may be finding feet after a slower spell. Staking Dominates Network Security According to on‑chain figures, about 355 million SOL remain staked with validators. That stake is worth roughly $69 billion, or about 65% of all tokens in circulation. Those coins aren’t counted in DeFi TVL or in DEX volumes. Instead, they’re busy securing the network and validating transactions. Related Reading: XRP Over Everything? Expert Tells New Investors To Go All In Meanwhile, SOL is predicted to increase another 3.50% and hit $210 by August 21, 2025. Sentiment is currently bullish while the Fear & Greed Index is at 71 (Greed). In the past 30 days, SOL experienced 19/30 green days and 8.61% price fluctuations, indicating both strength and volatility in today’s market, data from CoinCodex shows. Featured image from Meta, chart from TradingView

Ethereum’s derivatives market has erupted in the past seven days, and the trading desk at Singapore-based QCP Capital argues it is the clearest evidence yet that a long-anticipated altcoin season is finally under way. In a note to clients on Monday, the firm says total perpetual open interest (OI) in ether futures has vaulted from “under $18 billion to more than $28 billion in just a week,” a jump large enough to drag the composite “altcoin-season index” above the critical 50-point threshold for the first time since December. Altcoin Season Ignites As Ethereum Outpaces BTC While it’s no surprise that retail may be chasing the momentum, it’s becoming increasingly clear that institutions are leading the charge this cycle, driven by a shift in narratives and structural developments,” QCP writes, pointing to the unusually large sizing of recent block trades on CME and Binance. Related Reading: Ethereum Set To Hit $10,000, Elliott Wave Analysis Predicts QCP singles out last Friday’s signing of the GENIUS Act as the pivotal spark behind the rotation. The law creates a comprehensive federal regime for dollar-backed stablecoins, forcing issuers to hold 100 percent short-term Treasury or cash reserves and submit to Bank Secrecy Act oversight. The White House cast the statute as “historic legislation that will pave the way for the United States to lead the global digital-currency revolution.” With regulatory clarity finally in hand, corporate treasuries “are racing to build their stockpile,” QCP says, treating ether and other smart-contract platforms—Solana, XRP Ledger and Cardano among them—as the infrastructure layer that will benefit most from an explosion in stablecoin issuance. The desk compares the emerging strategy to the hard-money playbook adopted by publicly listed bitcoin bellwethers such as MicroStrategy and Japan’s Metaplanet. The note argues that the policy tailwind is already reshaping capital flows. Spot ether ETFs attracted $602 million on July 17, out-pulling bitcoin ETFs’ $522 million and marking the first daily flow victory for ETH in the eighteen-month history of US crypto ETPs. BlackRock’s iShares Ethereum Trust recorded the single largest subscription and, according to QCP, is “broadcasting confidence” that its pending amendment to allow on-chain staking will secure SEC approval later this year. Industry analysts concur: the agency is widely expected to rule on the batch of staking amendments before year-end despite BlackRock’s late filing. Related Reading: Tom Lee Predicts $30,000 Per Ethereum As Treasury Frenzy Begins Derivatives positioning mirrors the spot-market exuberance. QCP highlights “aggressive” demand for out-of-the-money call spreads such as the ETH-26 Sep 25 $3,400/3,800 and ETH-26 Dec 25 $3,500/4,500 structures, along with a persistent bid for call-side risk reversals across all listed tenors. Implied volatility skews now favour calls by their widest margin since the April 2024 meme-coin frenzy, signalling traders’ willingness to pay up for upside exposure through the fourth quarter—precisely the window in which ETF staking approval could drop. The Ether surge has already carved four percentage points out of bitcoin’s market-share lead, driving BTC dominance down to 60 percent while lifting ETH’s share from 9.7 percent to 11.6 percent, QCP notes. If that trend holds—and the firm stresses that sustained follow-through in the options market is a key litmus test—“the next leg of altcoin season may already be in motion.” For now, QCP is monitoring three metrics: perpetual OI growth, the altcoin-season index, and relative ETF flows. A decisive break of bitcoin above $121,000 could delay rotation, the desk concedes, but the structural forces unleashed by the GENIUS Act and the prospect of yield-bearing ether ETFs give institutions a tangible reason to diversify. As QCP puts it, “we’ll be watching these signals closely—and if anything else confirms the thesis, you’ll be the first to know.” At press time, ETH traded at $3,846. Featured image created with DALL.E, chart from TradingView.com

In 2025, many first‑time crypto buyers could be hunting for an affordable entry point. Bitcoin is near $120,000 and Ethereum trades above $3,500. At around $3.60, XRP looks easier on the wallet yet still sits third in market cap. That sweet spot of price and reputation has caught the eye of retail investors. Related Reading: Not Even Bitcoin Is Safe: Kiyosaki Warns Of Massive Market Collapse Retail Investors Priced Out According to EasyA co‑founder Dom Kwok, the high cost of Bitcoin and Ethereum is pushing newcomers toward cheaper tokens. He says that when a single Bitcoin hits six figures, it feels out of reach. XRP, by comparison, offers big‑league standing without the sticker shock. That mix of affordability and credibility is drawing a wave of small buyers. Based on reports from past crypto cycles, tokens with low unit prices tend to grab attention. It can be remembered that Shiba Inu used to trade at roughly $0.00000000001. Buyers could scoop up billions for just a few dollars. this is the most simple bull case for $XRP that no one is talking about: 1. retail is priced out of $BTC and $ETH. 2. so new retail investors will buy $XRP $XRP is the third largest crypto currency by market cap, yet trades at just $3.20. this combination alone makes it the… — Dom (Bull/ish) | EasyA (@dom_kwok) July 17, 2025 Dogecoin rode a similar hype wave. XRP stands apart because it actually moves money across borders quickly and cheaply. That real‑world use adds a layer of trust missing in many meme coins. Mixed Signals From Legal Battle According to updates on Ripple’s US lawsuit, the final court ruling could swing sentiment dramatically. A win for Ripple might cement XRP’s appeal and keep retail flows strong. A loss could spook buyers and send prices tumbling. Retail investors are quick to react when legal clouds clear one way or the other. Holder Base Dominated By Small Players Based on the XRP Rich List, nearly 6.7 million wallets hold the token today. Of those, about 5.7 million belong to retail investors—accounts with under 1,000 XRP. Within that group, close to 3  million wallets have between 0 and 20 tokens, while 2.52 million wallets carry between 20 and 500. This broad distribution shows that everyday buyers have already jumped in, rather than just big institutions. According to several market watchers, excitement in the XRP community is palpable. Analysts predicted more XRP millionaires than Bitcoin millionaires. Many holders believe the token is still in its early days despite its 2012 debut. Critics warn that runaway optimism can reverse fast if the broader market cools down. Related Reading: Bitcoin Won’t Save You—Peter Schiff Says Gold Will Win As Trump Wrecks The Dollar Looking Ahead On Market Mood Based on current trends, XRP’s low price and high rank could keep retail interest alive—at least until something new steals the spotlight. If Bitcoin dips under $100,000 or a fresh token captures headlines, retail flows may shift again. For now, though, XRP’s $3.55 price tag and large‑cap status have made it the token to watch for many first‑timers seeking their first crypto win. Featured image from Judicature – Duke University, chart from TradingView

A major Dogecoin whale is making a bold $21.24 million leveraged bet just days after locking in a multi-million-dollar profit. The move, which was revealed by Lookonchain, sparked interest among crypto investors on the social media platform X. This comes as Dogecoin is starting to deviate from its bearish Q3 history with a strong performance in the past seven days. Related Reading: $57 Billion Mistake? Ex‑Ripple Engineer Reveals XRP Investment Blunder Whale Makes High-Stakes On Dogecoin According to on-chain transaction monitor Lookonchain, a crypto whale identified as address 0x6adb recently closed a previous long position on Dogecoin with a tidy $2.14 million profit. According to data from HyperDash, this position was open for 63 hours and was eventually closed on July 18. The entry was spot on, and the position was able to take full advantage of Dogecoin’s push from $0.19 to $0.24 within this time period. However, what makes this trade notable isn’t just the size of the gain but the fact that the whale immediately re-entered the market with even more confidence. A few hours after exiting, the whale opened a new 10x leveraged long position on 84.08 million DOGE, which was worth approximately $21.24 million at the time.  Interestingly, the new long position was timed nearly perfectly again. As noted by Lookonchain, the position quickly moved in the whale’s favor, racking up an unrealized profit of $1.64 million. Whale 0x6adb closed his $DOGE long at the top yesterday, locking in a $2.14M profit. 10 hours ago, he jumped back in — going 10x long on 84.08M $DOGE($21.24M), with an unrealized profit of $1.64M. Smart moves! https://t.co/f3FekXx5yg pic.twitter.com/zc2tYXnLeP — Lookonchain (@lookonchain) July 19, 2025 Dogecoin Enters Q3 With 53% Gain Dogecoin’s strong performance in July has marked a positive start for its price action in Q3 2025. Interestingly, the last time Dogecoin ended Q3 with a positive close was in 2020. Since then, the memecoin has posted Q3 losses for six consecutive years, ranging from 6.9% in 2023 to as high as 18% in 2021.  However, as it stands, data from CryptoRank shows that Dogecoin is now experiencing a 53.6% increase in Q3 2025. At the time of writing, Dogecoin is trading at $0.253, marking a 28% increase from $0.197 just a week ago.  According to CoinGlass data, Dogecoin’s open interest on the derivatives market has crossed over the $4 billion mark for the first time since February. This data shows that there are a large number of active participants and strong interest in Dogecoin, which is a positive outlook for its price action in the new week. The $0.25 price level is now a support zone and Dogecoin could embark on a strong move to $0.30 and beyond in the new week if this floor holds. However, any decisive drop below it will flip sentiment fast.  Related Reading: Whales? No, Newbies: Surge In New BTC Holders Fuels Market Rally—Study For a trader with a 10x long position, even a 10% dip in Dogecoin’s price will push the trade deep into negative territory. The whale’s position could be liquidated or severely impacted if Dogecoin retraces to earlier support levels around $0.22 or lower. Featured image from Unsplash, chart from TradingView

Aside from a new all-time high in the Bitcoin market, the last trading week also heralded some altseason shouts as a slight price decline by the premier cryptocurrency coincided with significant price rallies by major altcoins. A popular market analyst with the X username PlanD has weighed in on these recent market developments, highlighting three factors that would confirm the presence of an altseason. Related Reading: Why Bitcoin Price Failed To Break $123,000 In The Past Week — Analyst Explains A BTC.D Retest At 63% May Mark Crucial Altseason Moment – Analyst Over the last week, a bullish rise in the altcoin market cap to $1.45 trillion sparked widespread speculations about the current status of the altseason. Interestingly, in an X post on July 19, PlanD outlines three market events that will signal the altseason’s commencement, namely a potential pullback in both Bitcoin and Ethereum, alongside a critical technical development in Bitcoin dominance (BTC.D). Following Bitcoin’s ascent beyond $121,000 and Ethereum’s price rise above $3,400, PlanD says the first two signals to watch for are healthy corrections in these assets’ prices. Specifically, the analyst explains that pullbacks toward the $111,000 and $3,250 regions for Bitcoin and Ethereum, respectively, present an ideal situation that would allow capital to rotate from Bitcoin into altcoins, effectively causing a decline in BTC.D. Far from indicating weakness, PlanD says this retracement could actually catalyze the rise broader crypto market. Notably, if Ethereum finds support at $3,250, the ETH/BTC pair could strengthen, creating a favorable setup for altcoin rallies. This is because a stronger ETH/BTC pair is often a precursor to altcoin outperformance, as it signals increased investor appetite beyond Bitcoin. The third and perhaps most pivotal signal is unfolding in Bitcoin dominance. After months of holding above a rising support trendline, Plan D notes BTC.D has broken below it, signaling a potential change in market structure. However, the next test lies at the 63.40% dominance level. Should BTC.D retest this zone and fail to reclaim it, the analyst believes a new downtrend in dominance may begin, i.e., presenting the largest hallmark of altseason. In case of this scenario, PlanD also tells investors to expect strong bullish momentum in tokens linked to sectors such as real-world Assets (RWA), artificial Intelligence (AI), and gaming beyond the large and medium-cap tokens on popular blockchains. Related Reading: Tom Lee Predicts $30,000 Per Ethereum As Treasury Frenzy Begins Crypto Market Overview At the time of writing, the total crypto market cap is valued at $3.83 trillion following a 0.20% decline in the past day. More data from CoinMarketCap shows the Fear & Greed index sits at 69, suggesting a healthy level of risk appetite from investors. Importantly, the altseason index ranks at 42, indicating a rising momentum in the market’s favor for altcoins. Featured image from TechCentral, chart from Tradingview

After years of trading below its previous all-time high from 2018, XRP finally broke through the $3.40 ceiling to hit a fresh record of $3.65 on Friday, July 18. The move capped off a rally that had seen the cryptocurrency rise by 68% from its July open.  Related Reading: Whales? No, Newbies: Surge In New BTC Holders Fuels Market Rally—Study However, XRP has returned to hovering around the $3.40 to $3.50 zone following the breakout, and attention is shifting to the possibility of a strong pullback. Interestingly, prominent XRP analyst Egrag Crypto says that a retest to $3.12 might be necessary before any further price increase.  Analyst Points To $3.12 As Retest Zone In a new post on social media platform X, respected crypto analyst Egrag Crypto cautioned that XRP may be due for a retest of the $3.12 level. The analyst referenced the Fibonacci 0.888 level, which currently sits at $3.1279, as a logical support zone if XRP were to retrace from its current price zone. According to his technical chart, XRP is currently consolidating within a descending channel on the 4-hour candlestick timeframe chart since it peaked at $3.65. However, it is still trading above $3.40, which is a bullish sign. “Staying above Fib 1.0 ($3.40) is a super bullish sign,” he noted, “but we still need to keep an eye on the descending channel.” Keeping this in mind, XRP could break below the $3.40 level, and a retest could happen at Fib 0.888 ($3.12). The $3.12 level stands out not just because of Fibonacci symmetry, but also because it coincides with an order block that formed as XRP pushed to new highs. If XRP returns to test this level and holds firm, it may confirm strength in the current rally structure and build the foundation for a continued climb toward the 1.21 Fibonacci extension, which is situated at $4.16. Chart Image From X: Egrag Crypto Bullish Momentum Still Intact Although some investors may see a drop to $3.12 as a setback, Egrag believes the outcome could actually be bullish in the bigger picture. “If we do see a retest here, it could set us up for another launchpad,” he explained. However, skipping the retest entirely would be even more telling as a clear sign that the bulls are stronger than anticipated. Related Reading: $57 Billion Mistake? Ex‑Ripple Engineer Reveals XRP Investment Blunder A clean hold above $3.40 in the coming days would point to bullish dominance, especially if XRP breaks out of the yellow descending channel featured in Egrag’s chart. On the other hand, a controlled revisit to the $3.12 zone may offer a better entry point for new investors and prepare XRP for its next leg up to the $4.16 price target highlighted in the analysis. At the time of writing, XRP is trading at $3.49. Featured image from Unsplash, chart from TradingView

A new technical analysis by market expert Austin Hilton points to the potential for an explosive surge that could drive XRP to insane price levels. These bullish projections come as XRP hits price levels not seen in the past seven years. The analysis also outlines how the cryptocurrency could perform through the end of July and what targets it might hit by year-end.  XRP On Track To $5 By End Of July In one of his latest video analyses on X (formerly Twitter), Hilton shared his outlook on where XRP could be heading in the next few weeks. The analyst pointed out that the cryptocurrency’s price trajectory has already accelerated significantly since breaking above the $3.5 level earlier this week. Over the past 24 days, XRP has also posted an impressive 77% gain, further fueling bullish sentiment.  Related Reading: XRP MVRV Ratio Flashes Signal That Last Led To 630% Surge Thanks to its strong price performance these past few days, Hilton notes that XRP is now less than 10% away from reclaiming its all-time high of $3.84, set almost eight years ago. He emphasized that the popular altcoin is currently exceeding expectations, with its price surging well ahead of schedule.  With bullish momentum showing no signs of slowing down, the analyst predicts that XRP could reach $5 by the end of July. He attributes this potential upswing to strong liquidity flowing across the broader market, combined with rising demand and sustained bullish sentiment as the market enters a new phase of its cycle.  Backing his forecast, Hilton mentioned the recent surge in XRP capital inflows. He noted that the cryptocurrency’s market value has surged from around $140 – $150 billion to over $207 billion in just one week. He further credited this influx of capital to growing institutional interest, compounded by Fear Of Missing Out (FOMO), driving fresh entries into the market.  Year-End Forecast Sees XRP Gunning For $20 Looking further out, Hilton has revised his end-of-year projection, citing the ongoing strength of XRP’s rally and improving market fundamentals. Initially, when XRP was trading within the $2 range, the analyst had projected a conservative year-end target between $5 and $10, even describing the lower end of that range as extremely modest. However, with the altcoin‘s price now solidly sitting above $3, he sees the potential for a more aggressive push in the months ahead. His updated outlook includes a baseline target of $10, which he now views as the low end of his bullish possibilities. On the higher end, he sees $15 as a realistic stretch target, and a run to $20 as a possible explosive climax before the year ends.  Related Reading: XRP Open Interest Just Hit A Fresh ATH Above $10 Billion, Will Price Follow Next? Several factors have been suggested as potential catalysts for this optimistic prediction, including XRP’s rising market capitalization, anticipation of a potential XRP ETF, and the long-awaited resolution and settlement of the Ripple-SEC lawsuit. Hilton has suggested all these factors are aligning to place XRP in a prime position for an explosive rally this year.  Featured image from Pexels, chart from TradingView

A popular XRP proponent recently projected a clear path for XRP to reach $1,000. Particularly, crypto commentator BarriC laid out a multi-stage price forecast that places the XRP price on a trajectory toward $1,000. The statement, posted on the social media platform X, follows XRP’s recent surge to a new all-time high for the first time since 2018. Expert Predicts Multi-Stage XRP Price Explosion XRP has been on an interesting price run since the beginning of the month, which kicked off when it broke out of its long-term consolidation below $2.2 on July 5. This was followed by a string of inflows alongside the rest of the crypto market as Bitcoin pushed to new price territories above $120,000. Related Reading: XRP To $13 in 40 Days? Analyst Predicts Explosive Final Rally However, although Bitcoin peaked at $122,800 on July 14 and has since entered a corrective phase below $120,000, the altcoin has managed to keep up its gains in the days after July 14. This detachment from Bitcoin’s momentum started after the SEC’s approval of ProShares’ XRP ETFs, which has contributed to the crypto asset’s push to a new all-time high of $3.65 in the past 24 hours and its market cap breaking the $200 billion threshold. Interestingly, XRP’s price is now trading in unknown territory, and the next price target for bulls is $4. BarriC’s post begins with a near-term target of $4 for XRP, which many bullish analysts have been watching closely for weeks. From there, BarriC anticipates a rapid expansion into double digits, forecasting a range between $10 and $20.  Although the projection did not come with a technical analysis of XRP’s price action, the outlook that truly captures attention is his final projection: a “clear path” that leads XRP beyond the $100 mark and ultimately to a $1,000 valuation. $1,000 XRP: Path Or Pipe Dream? The notion of XRP reaching $1,000 has been discussed in the past but remains a controversial subject. To achieve a price point in the triple digits, its market capitalization would need to exceed $50 trillion, more than double the value of the most valuable public companies in the world combined.  Central to BarriC’s prediction of a $1,000 XRP price is based on the belief that its utility in cross-border payments and banking infrastructure will drive its long-term value. A $1,000 XRP becomes realistic only when mass institutional adoption from banks turns transactional demand into structural demand. Related Reading: XRP Open Interest Just Hit A Fresh ATH Above $10 Billion, Will Price Follow Next? On the other hand, price targets like $10 and $100 in the coming years are still realistic based on the current fundamentals of the altcoin and the XRP Ledger. The first step is a break above $4, which can only be possible if XRP manages to secure $3 as its new base price going forward. At the time of writing, XRP is trading at $3.44, up by 22% in the past seven days. Featured image from Pexels, chart from TradingView

Ethereum has extended its upward momentum this week, climbing over 20% in the past seven days and pushing past $3,600 for the first time in months. As of the time of writing, ETH trades at $3,617, marking a 5.4% increase within the past 24 hours. This rally has been drawing attention from analysts who are examining whether the price movement is being driven by sustainable investor demand or short-term speculative activity. Related Reading: Ethereum Shorts Are Getting Crushed: Could ETH Be Eyeing a New All-Time High? Ethereum Futures Market Leads, But Spot Demand Lags Behind Data from on-chain analytics firm CryptoQuant suggests the recent uptrend in Ethereum’s price is primarily fueled by the derivatives market. Contributor Avocado Onchain noted that while ETH continues to move higher, the underlying source of momentum appears to be leverage-heavy futures positions rather than sustained buying in the spot market. This distinction raises questions about the durability of the current rally and whether follow-through demand from spot buyers will emerge. Avocado further highlighted in his QuickTake analysis titled “Ethereum’s Rally Driven by Futures Market — Will Spot Demand Follow?” that the Ethereum Futures Volume Bubble Map is signaling an overheated state in specific zones, indicated by surging volumes. This increase in futures volume, marked by yellow circles on the map, has coincided with ETH’s price gains, implying leveraged positions are largely responsible for the rise. In contrast, the spot market data shows relative stability, with no equivalent spike in volume, suggesting that buying pressure from traditional investors has yet to catch up. The analyst also pointed out that Ethereum’s Open Interest (OI) in futures has reached new all-time highs, which strengthens the idea that the current movement is speculative in nature. The question moving forward, according to Avocado, is whether momentum from the derivatives market will eventually be matched by genuine spot market demand. If such demand materializes, it could contribute to broader altcoin market activity, he added. Institutional Interest and ETF Inflows In a separate insight, another CryptoQuant analyst, Crypto Dan, noted increasing signs of institutional participation in Ethereum accumulation. According to his analysis, ETH is trading at a premium on Coinbase, a platform frequently used by US-based institutions and large investors, indicating heightened buying interest from whales. The premium, described as rare in recent times, aligns with a broader trend of capital inflows into Ethereum-focused spot ETFs, which have recently reached record daily highs. Dan stated that while current metrics do not indicate overheating, investors should remain aware of potential risks should the strong upward activity repeat in the second half of 2025. Related Reading: Ethereum Road To $10,000: Replay Of May’s Playbook Predicts Another Breakout For now, however, the combination of rising institutional demand and growing ETF allocations may provide structural support for Ethereum, especially if the spot market begins to reinforce the momentum sparked in the futures space. Featured image created with DALL-E, Chart from TradingView

Ethereum’s recent price trajectory has caught the attention of traders and analysts, as the asset extends its bullish rally well into today. With the price currently hovering around $3,420, Ethereum has registered a daily gain of 7.7% and a weekly surge of more than 23%. The momentum follows a decisive breakout above the $3,000 level earlier this week, sparking renewed optimism across the derivatives and spot markets. The latest insights from the on-chain analytics platform CryptoQuant provide context for Ethereum’s price action, suggesting that activity on Binance is a major catalyst. Related Reading: Ethereum Could Shoot Above $4,000 This Week, Predicts Analyst Ethereum Short Liquidations Shift Market Dynamics CryptoQuant contributor Darkfost notes that the recent uptick coincides with a structural shift in the derivatives market, particularly around short liquidations. A deeper analysis of exchange flows and taker behavior further supports the case for sustained upward movement, with indicators suggesting that Ethereum may be positioning itself to revisit previous highs. According to Darkfost, Ethereum’s current rally follows a prolonged five-month correction phase that began in December 2024. During this period, the market experienced a flush of long positions, especially on Binance, contributing to what he describes as a necessary “cleanup” in the derivatives space. This recalibration helped reset speculative positioning and laid the groundwork for the recovery observed since late April. Now, the pattern has reversed. “Short liquidations are now dominating on Binance,” Darkfost observed, emphasizing how forced exits of bearish positions are reinforcing Ethereum’s upward price momentum. Liquidation data shows multiple short squeezes in recent weeks, with volumes reaching $32 million and $35 million, respectively. This trend suggests that many traders are positioned counter to the prevailing market movement, adding fuel to the rally as they’re forced to close out positions. Darkfost also highlighted that, if this pace of short liquidations continues, Ethereum may be poised to test its all-time high. He added that ongoing inflows into spot Ethereum ETFs and increasing adoption by institutions viewing ETH as a long-term asset could further support this potential breakout. Taker Volume on Binance Hints at Bullish Continuation In a separate post, CryptoQuant analyst Crazzyblockk pointed to taker-side activity on Binance as another critical signal. The ETH Taker Buy/Sell Ratio (7-day moving average) recently crossed the 1.00 threshold, signaling stronger buy-side pressure from market participants. This shift was accompanied by a spike in price volatility, which reached 261.5, mirroring Ethereum’s latest price surge beyond $3,434. Related Reading: Ethereum Price Breaks Out: Smashes $3,400 Mark in Bullish Run Crazzyblockk noted that this pattern, rising buy-side taker volume aligned with surging volatility, has historically preceded extended price rallies. The divergence between taker long and short volumes further underlines dominant bullish sentiment. The analyst emphasized that tracking taker momentum on Binance may offer early signals for future market direction, as the Ethereum price appears highly responsive to activity on the platform. Featured image created with DALL-E, Chart from TradingView

Yesterday’s inflows into US Ethereum spot ETFs hit a new high, and the market took notice. Ether’s price jumped sharply as big and small funds alike funneled fresh money into these products. Related Reading: If You’re Wealthy, 1 Bitcoin Should Already Be In Your Wallet, Expert Says Record Inflows Break Previous Highs According to latest data, US Ethereum spot ETFs saw a single‑day inflow of $727 million yesterday. That smashes the prior record of $428 million set on December 5. The nine funds tracked have now attracted new money every day for eight straight sessions before this surge. Based on reports, this eight‑day streak set the stage for what became the biggest one‑day haul in the ETFs’ history. Big Names Lead The Charge BlackRock’s iShares Ethereum Trust (ETHA) drew nearly $500 illion on Wednesday, pushing its total net inflow to $7.11 billion since launch. The Fidelity Ethereum Fund (FETH) wasn’t far behind, adding $113 million and lifting its cumulative haul to almost $2 billion. Other vehicles chipped in too: Grayscale’s Ethereum Trust (ETHE) hauled in $54 million, the Grayscale Mini Trust added $33 million, and Bitwise’s ETHW ETF contributed $14.5 million. Based on those figures, it’s clear that both institutions and everyday investors are jumping on board across multiple brands. ETF Leaders Dominate New Money Nate Geraci, president of ETF Stores, noted on social media that these ETFs have gathered close to $2 billion over the past five trading days. That pace of inflows shows the growing comfort level big players have with owning Ether through a familiar wrapper. Retail investors often follow institutional moves, so these numbers could spark even more demand. Ethereum Price Climbs Higher Ether’s price has climbed 9% in the last 24 hours, trading at $3,430 at the time of writing. According to market data, that level hasn’t been seen since January 31, when Ether last topped $3,370 before plunging below $1,500. The sharp rise underlines how sensitive Ether’s price can be to big capital flows into spot ETFs. Related Reading: Massive Whale Profits $15 Million—Now Betting Big On Ethereum To Crash Price Reaction Fuels Optimism Some analysts are now eyeing $4,000 as the next milestone for Ether. The altcoin’s renewed momentum could lift other altcoins too. If top‑10 tokens follow Ether’s lead, the broader crypto market may ride this wave higher. Strong inflows alone won’t guarantee sustained gains. Big inflows can reverse quickly if sentiment shifts or if traders chase profits too aggressively. But for now, the scene is bullish. If inflows keep rolling in and the price holds above $3,300, the push toward $4,000 might not be far off. Featured image from Unsplash, chart from TradingView

Altcoins are flashing fresh bullish signals as momentum returns to the broader crypto market. Leading the charge is Ethereum, which has surged above the $3,450 level, marking its highest price since mid-January. The breakout signals growing confidence among bulls and is sparking renewed interest across the altcoin sector. Related Reading: Bitcoin Retail Demand Rebounds – $0–$10K Transfer Volume Turns Positive Many altcoins have posted impressive gains in recent days, bouncing sharply from their April lows. The recovery is not just isolated to top names like ETH and SOL; mid- and small-cap tokens are also showing signs of strength, supported by increasing volume and improved market structure. A key technical development is adding weight to the bullish case: the altcoin market has once again pushed above a key daily moving average. This historically significant level often marks the transition from downtrends to sustained uptrends. Altcoins Reclaim 200-Day Moving Average Altcoins are showing renewed strength, and according to top analyst On-Chain Mind, the technical landscape is beginning to shift in their favor. In a recent chart shared on X, he highlighted that the altcoin market has once again broken above its 200-day moving average, a level that historically separates bearish phases from sustained uptrends. However, On-Chain Mind cautioned that this development has occurred multiple times during this market cycle, often followed by weeks of sideways chop and volatility rather than immediate upside. Still, this time may be different. With Ethereum rallying above $3,400—its highest level since mid-January—and Bitcoin consolidating above key support zones, conditions appear more favorable for a broader altcoin breakout. What makes this moment particularly important is the price structure across many altcoins, which has turned decisively bullish after months—and in some cases, years—of deep consolidation. Tokens across sectors such as DeFi, Layer 1s, and infrastructure are forming higher lows and showing clean breakouts on higher timeframes, indicating growing demand and fresh capital rotation. Related Reading: SharpLink Gaming Buys Another $19.5M In Ethereum: Institutional Accumulation Continues Altcoin Market Cap Breaks Out Past $1.4 Trillion The Total Crypto Market Cap excluding Bitcoin (TOTAL2) has rallied to $1.42 trillion, posting a +9.68% weekly gain and reaching its highest level since March 2025. This powerful move confirms a breakout above the 50-week, 100-week, and 200-week moving averages, signaling broad-based strength across the altcoin market. One key technical milestone is the bullish crossover of the 50-week SMA above the 100-week SMA. Meanwhile, the 200-week SMA—now positioned near $880 billion—has acted as strong support during previous corrections and continues to provide a solid foundation for the current uptrend. Related Reading: Bitcoin Bears Strike Back After ATH: Long/Short Ratio Flips Negative Ethereum’s breakout above $3,450 has been a key driver, supported by renewed retail activity and bullish sentiment. If TOTAL2 holds above $1.4 trillion, the next resistance target is the $1.6 trillion level, last tested earlier this year. A sustained move toward that range could confirm the beginning of a long-awaited altseason. Featured image from Dall-E, chart from TradingView

A well-known crypto whale has made a big move against Ethereum, opening a $62.42 million short position using 18x leverage. The trader, identified by the wallet address “0x2258…”, is betting heavily that ETH won’t climb anytime soon—and so far, the gamble is paying off. Related Reading: Avalanche Shatters Record With 20M Transactions—Is Real-World Use Finally Here? Based on blockchain data monitored via Hyperdash, the whale shorted 20,474 ETH at an entry point of $3,060. As ETH has been trading at levels lower than $3,000 at the time of writing, the whale is already enjoying an unrealized profit of approximately $1.14 million, or returns of 30%. Ethereum Under Pressure Below $3,500 The liquidation value of the position is at $3,505 — near where ETH traded previously in January 2025. That point is now serving as very powerful resistance. If the price exceeds that level, the position stands to be completely liquidated. Whale 0x2258, who’s already made over $15M, is shorting $ETH with 18x leverage, holding a position of 20,474 $ETH($62.5M). This whale has previously profited big by trading against James Wynn.https://t.co/BALllYbUXbhttps://t.co/NhOE1YD4QN pic.twitter.com/7k5ZE81Noa — Lookonchain (@lookonchain) July 15, 2025 Despite that narrow buffer, the trader seems confident. The use of 18x leverage suggests a high-conviction call that ETH will drop further or, at the very least, won’t bounce past that resistance level in the short term. This kind of heavy shorting is raising eyebrows in a market that’s still undecided on whether Ethereum can regain bullish momentum alongside Bitcoin. Track Record Of Outsmarting James Wynn This isn’t the first time “0x2258…” has stepped in with bold trades. The wallet has gained a reputation for taking positions that go directly against crypto influencer James Wynn—often with profitable results. Back in May, Wynn went long on ETH and Bitcoin. Almost immediately, 0x2258 shorted both. When Wynn closed his positions, 0x2258 did the same and walked away with $1.36 million. The next day, as Wynn flipped bearish, 0x2258 went long and bagged another $2.54 million. The back-and-forth continued. By May 26, the whale had locked in $5.6 million in profits in just three days. Since then, the strategy has snowballed into more than $15 million in realized gains, most of it from flipping against Wynn’s positions. Related Reading: If You’re Wealthy, 1 Bitcoin Should Already Be In Your Wallet, Expert Says Big Bet Reflects Uncertainty In ETH’s Path While Bitcoin continues to break through key resistance zones, Ethereum seems stuck in a tougher fight. Traders like 0x2258 appear to believe that ETH lacks the strength right now to push past the $3,500 level. Still, shorting with this level of leverage is a double-edged sword. If ETH bounces sharply, traders like 0x2258 could get caught in a squeeze, forced to buy back in at a loss—driving the price up even faster. So far, though, the whale is winning again. Whether it ends in another multi-million-dollar gain or a hard reset depends on what ETH does next. For now, the market is waiting to see what happens next. Featured image from Meta, chart from TradingView

The past week has been nothing short of interesting for XRP. Notably, the cryptocurrency has been on an extended run of increases in the past seven days, which saw it momentarily touch the $3 price level for the first time in months.  This interesting move came after reports broke of the US Securities and Exchange Commission’s approval of the ProShares Ultra XRP ETF, which allowed XRP to extend its upward movement. However, this momentum didn’t just affect price; it also had major effects on XRP’s standing in the overall crypto market. XRP Becomes Top 3 Crypto The SEC’s decision to approve the ProShares Ultra XRP ETF, which offers 2x daily exposure through futures contracts, is an interesting milestone for XRP. After years of legal scrutiny and uncertainty, especially following the SEC’s 2020 lawsuit against Ripple, the ETF approval is a remarkable change in the SEC’s stance with XRP. It shows that XRP has not only survived the challenges but has also earned a place in the next phase of institutional adoption of cryptocurrencies. Related Reading: XRP ETF Race Heats Up: Why July 14, July 21, And July 25 Are Important After news of the ProShares ETF approval, XRP rallied sharply and outperformed many other top assets on both the daily and weekly timeframes. This surge came as a continuation of bullish momentum already building from Bitcoin’s recent breakout to new all-time highs above $122,000. However, even while Bitcoin corrected back to below $118,000, XRP managed to keep up with the pace of inflows.  At the time of writing, XRP is up by about 25.7% in a seven-day timeframe. This notable increase has allowed its market cap to increase to $173.4 billion, effectively overtaking that of Tether USDT’s market cap of $159.8 billion. This means that XRP is now back to being the third-biggest cryptocurrency by market cap and it is now closing in on Ethereum in rankings. Can The Altcoin Flip ETH? XRP’s climb past USDT in market capitalization reflects both a solid price surge and its strength in the crypto market. The next target on the leaderboard, however, is much more formidable. To flip ETH in market cap, XRP would need to more than double from its current $173.46 billion to exceed Ethereum’s $381.13 billion. Assuming the current circulating supply of 59.13 billion XRP tokens is kept at this level, this translates to a required price of roughly $6.60 per XRP in order to reach a $381.13 billion market cap.  Related Reading: Official Ripple Document Surfaces Online, Revealing What Will Drive The XRP Price Higher XRP overtaking ETH would also be somewhat of a hard task, considering the fact that ETH has also kept up interesting price gains in the past few days. Particularly, the leading altcoin is also up by about 20.2% in the past seven days. Ethereum’s price performance can be attributed to the steady inflows into Spot Ethereum ETFs, which have witnessed $1.55 billion inflows in July. However, XRP still has a chance of overtaking Ethereum, especially when a Spot XRP ETF is approved by the SEC. An important moment could happen on July 25, when the SEC is expected to decide on the REX-Osprey XRP ETF, which is a spot-based ETF.  Some analysts believe XRP’s price could skyrocket toward $1,000 under a scenario of full-scale institutional adoption. If that vision materializes, XRP wouldn’t just surpass Ethereum; it would be positioned to compete with Bitcoin in market cap. At the time of writing, XRP is trading at $2.93. Featured image from Getty Images, chart from Tradingview.com

A continued altcoin season will depend on whether BTC continues to tread water near record highs or begins to break levels of support or resistance.

The altcoin season has remained elusive because Bitcoin has continued to dominate the market. Even now, the largest cryptocurrency by market cap is still in the lead and continues to determine the direction of the rest of the crypto market. However, there is a turn in the tide coming as more altcoins begin to play catch-up. In particular, the coins in the list of Top 100 altcoins by market cap look to be on the verge of ushering in the next altcoin season. Altcoin Season Index Fires Into The Green The Altcoin Season Index is an index that charts the performance of the Top 100 altcoins by market cap against the performance of Bitcoin to determine when the altcoin season is in full bloom. This index, which goes from 1-100, is ranked by how many top 100 altcoins are outperforming BTC over a 90-day period, and when this figure rises to the 75% mark, it often signals that the altcoin season has begun. Related Reading: Bitcoin Is Not Stopping At $123,000 — Technical Indicators Point To $140,000 Top Over the last few months, altcoins have performed quite terribly in comparison to Bitcoin, and this has led to the Altcoin Season Index dropping toward peak lows. The index hit a score of 12 back in June 2025, showing that only 12 altcoins had outperformed Bitcoin over the 90-day timeframe. During this time, the Bitcoin dominance also rose rapidly, reaching as high as 66%, and signaling that most of the attention was on BTC during this time. However, the month of July has come with good tidings for the altcoin market as the index has seen its score more than double from its June lows. According to data from CoinMarketCap, the Altcoin Season Index has now crossed a score of 30. It also shows that during this time, 32 coins have outperformed Bitcoin’s 40% increase in the last three months. Interestingly, the meme coins are once again leading the rally with the likes of PENGU and MemeCore rallying over 500% in the 90-day period. HyperLiquid’s HYPE has also performed quite well, with CoinMarketCap data showing it has risen more than 230% in 90 days. Bitcoin Dominance On The Verge Of Collapse? So far, the Bitcoin dominance has maintained its position in the 60th percentile, and this has remained so for the last 90 days. However, over the last two weeks, there has been enough decline in the dominance to spark a ray of hope among investors, and that is a 3% drop toward 63%. Related Reading: Prepare For ATHs: ‘XRP Train Has Left The Station – Analyst Going by historical performance, though, the Bitcoin dominance would need to drop much more than this for altcoin season to begin in full bloom. For example, back in 2017, the Bitcoin dominance crashed from above 95% to around 50% before the altcoin season began. Again, in 2017, the dominance fell from above 70% to around 41% before the altcoin season began. Going by this trend, the Bitcoin dominance would need to see a drop back into the 40% region, and possibly the 30% region, for the altcoin season to really take hold. But as long as the dominance remains high, then Bitcoin would continue to lead the market, and altcoins could continue to struggle. Featured image from Getty Images, chart from TradingView.com

A single-word reply on X from Rep. Anna Paulina Luna (R‑FL) — “Confirmed” — rocketed through the crypto markets early Wednesday, convincing a growing chorus of traders that Federal Reserve Chair Jerome Powell’s tenure is measured in days, not months. Within minutes of Luna’s affirmation that “Jerome Powell is going to be fired. Firing is imminent,” prediction‑market odds of his ouster on Polymarket leapt to 26 percent, the highest reading this year, up from 16 percent only 24 hours earlier. A White‑House‑backed search is already under way. Treasury Secretary Scott Bessent, in an on‑record Bloomberg interview, acknowledged “a formal process that’s already starting” to identify Powell’s successor, adding that “there are a lot of good candidates inside and outside the Federal Reserve.” Related Reading: ‘Crypto Week’ Takes A Hit: US House Fails To Advance Key Acts President Donald Trump underscored the point during an impromptu press gaggle, repeating last week’s warning that “the renovations at the central bank were a fireable offense.” Those renovations — an over‑budget, $2.5 billion overhaul of the Fed’s historic Eccles Building — have become the legal pretext for dismissal, with Trump allies alleging “inefficiency” and “neglect of duty,” two of the three causes for removal spelled out in the Federal Reserve Act. Powell has asked the Fed’s inspector general to reopen its review of the project. Notably, Bill Pulte, the Federal Housing Finance Agency head and a longtime Powell critic, confirmed the rumors to his followers on X: “I heard from a very credible, bipartisan source, today, that Jerome Powell is considering resigning. This maps with both reports and also the talk in DC.” Crypto Markets Sense A Massive Bull Run The Bitcoin and crypto prices haven’t shown any reaction to the rumor yet. After piercing $123,000 on Monday, BTC is still 4.5 percent below the record high. The entire crypto market seems to be in a wait-and-see position. However, long-term, the implication could be profound for the crypto markets. “I cannot think of a more bullish catalyst for Bitcoin in the past five years than the complete and utter humiliation of Jerome Powell,” wrote macro commentator Julian Figueroa, pointing to what he called the “façade” of central‑bank independence collapsing in real time. Related Reading: Happy Ending: Crypto Hacker Returns Funds From $42 Million GMX Exploit Long‑time trader Byzantine General echoed the ambivalence: “Powell was actually a great Fed chair. But… if he resigns then it’s very likely that whoever comes next will lower rates, which is bullish for our cryptographic currencies.” Should President Trump succeed in replacing Powell with a more accommodating successor—one prepared to deliver the “three‑percentage‑point” rate cut he has publicly demanded—the Federal Reserve would likely be forced to shelve its balance‑sheet runoff precisely as Washington ramps up fresh fiscal stimulus. That synchronous pivot away from quantitative tightening would flip the liquidity regime from drain to deluge, recreating the macro backdrop that powered the crypto market’s 2020‑21 vertical ascent and positioning it for the next major bull run. At press time, the total crypto market cap stood at $3.68 trillion. Featured image created with DALL.E, chart from TradingView.com

Crypto analyst Scrambler has drawn attention to a bullish pattern that is forming for the Cardano price, which could lead to a massive breakout for the altcoin. The analyst noted that ADA might be repeating, with market conditions mirroring the ones that led to an all-time high (ATH).  Cardano Prices Eyes 285% Rally To New Highs In a TradingView post, Scrambler predicted that the Cardano price could soon record a 285% rally to reach $2.05. He noted that the 285% potential move mirrors ADA’s past rally from similar conditions. The analyst added that if market sentiment continues improving and the Bitcoin price holds above key levels, then the altcoin might repeat history.  Related Reading: Cardano Price Shows Seller Exhaustion Above $0.57 — Bullish Divergence Signals Rally Further commenting on the Cardano price action, Scrambler stated that ADA is showing a major breakout from a long-standing descending channel on the daily timeframe. He highlighted the structure, alluding to a downtrend channel that has been respected for around seven months. He also noted that a breakout has been confirmed with a strong bullish daily candle. Meanwhile, price is hovering around $0.7192, above previous resistance.  Scrambler stated that the support levels for the Cardano price are $0.60 and $0.5299. The resistance and long-term targets are $0.8158, $1.0876, $1.3159, and $1.8958. Meanwhile, the ultimate target is the Fibonacci extension above $2.76. The analyst stated that a pullback to between $0.60 and $0.66 could offer re-entry opportunities.  Regardless of what happens to the Cardano price in the short term, Scrambler remains bullish in the long term and expects ADA to reach new highs. The analyst also advised market participants to watch for the BTC/ETH correlation. It is worth noting that ADA has shown impressive strength amid this recent crypto market rally. The altcoin has risen by over 25% in the last seven days, despite a recent pullback.  ADA To Breakout Against Its BTC Pair In an X post, crypto analyst Sebastian stated that the ADA/BTC chart appears to be ready for a breakout. The analyst added that this is the most important breakout that market participants want to see, with the Cardano price separating itself from the Bitcoin price. Once that happens, the altcoin is likely to outperform the flagship crypto during that period.  Related Reading: Cardano Founder Announces $100 Million Bitcoin Buy In Shocking Move To Prop Up ADA Price Sebastian had earlier noted how Bitcoin’s dominance could be breaking down. Based on this, he remarked that alcoins like Cardano are about to rally if this happens. A break in Bitcoin’s dominance could usher in altcoin season, which is bullish for the Cardano price. In the meantime, ADA’s performance still hinges on BTC’s performance.  At the time of writing, the Cardano price is trading at around $0.72, down almost 4% in the last 24 hours, according to data from CoinMarketCap. Featured image from Unsplash, chart from Tradingview.com