The wallets of XRP users are currently being drained with the help of a new sophisticated phishing campaign that is based on the distribution of fake non-fungible tokens (NFTs).
A recent alert from XRP blockchain explorer Bithomp states that scammers are using fake "reward" and "payout" tokens to trick investors into authorizing malicious transactions.
A single user lost a staggering $15,000 to the exploit in such a way.
HOT Stories
The screenshots shared by Bithomp show that the transaction type was logged as an NFTokenAcceptOffer.
The victim believed they were claiming a digital asset called "Ripple Payout Token #7357".
The code executed a massive withdrawal valued at roughly $15,000 from the victim's balance and transferred it to the scammer's wallet. Obviously, the user ended up with a worthless bogus NFT.
The anatomy of a scam Bad actors exploit the low transaction fees on the XRP Ledger to mint hundreds of such fraudulent NFTs every single day.
The scammers use highly official-sounding terminology to give the scam some sort of urgency and legitimacy.
You Might Also Like
There is a massive stream of new tokens with the names of the likes of "Securing XRPL Proof", "XRP Earning Permit", "XRP Cashback Card", "Ripple Benefit Badge", "Boosting Ripple Card" and "Ripple Grant Voucher."
The scammers distribute these tokens to active XRPL wallets or promote them on social media platforms,
The site prompts them to sign a transaction once they connect their wallets.
Crypto scam epidemic The scale of cryptocurrency fraud has reached unprecedented levels, with a recent FBI report showing that cryptocurrency-related fraud accounted for the most reported losses among all scam categories last year. Americans lost over $11.3 billion to crypto-related scams in 2025.
A 2026 report by blockchain analytics firm Chainalysis estimates that a record $17 billion was stolen globally through crypto scams. Impersonation scams continue to reign supreme, and the rise of generative AI makes it more challenging to fight the scammers.
Brinc and Ripple have jointly announced a new accelerator program in Hong Kong aimed at supporting early stage cryptocurrency and financial technology startups. Unveiled on July 3, the Hong Kong Financial Innovation Programme will run for 12 weeks, with a particular focus on blockchain-based financial services built on the XRP Ledger platform.
Program scope and objectivesThe accelerator is open to companies ranging from the pre-seed stage up to Series A, targeting teams working on practical digital finance solutions for the broader Asian market. Applications have officially opened via Brinc’s dedicated submission platform.
The program is designed especially for founders developing products in cross-border payments, foreign exchange operations, trade finance, lending solutions, stablecoins, tokenization, settlement networks, and AI-powered payment systems. Selected startups will receive mentorship over the 12-week program from experts in finance, blockchain technology, and business development.
Brinc emphasizes that the program is not only about advancing technology, but also about fostering commercial partnerships and creating real market use cases.
Participants will have opportunities to connect with potential investors, corporate partners, and financial institutions. Eligible projects can also apply for grant funding that does not require any equity transfer, allowing startups to develop products without diluting their ownership structure.
XRPL infrastructure at the forefrontAll participating startups will build their products on the XRP Ledger. Known as Ripple’s native blockchain, XRPL stands out for its rapid transaction speeds, relatively low fees, and suitability for payment and settlement applications. The program is oriented toward developing solutions that can fulfill real financial needs—especially in Hong Kong and across Asian markets.
Mini glossary: Tokenization refers to creating a digital representation of a real world or financial asset on the blockchain. A settlement network is the infrastructure that finalizes and records financial transactions between parties.
Regulatory landscape evolves in Hong KongHong Kong is moving forward with its regulated stablecoin market, having recently introduced a new licensing regime for fiat-referenced stablecoin issuers. Following two license approvals earlier this year, authorities expect to see the first Hong Kong dollar backed stablecoins roll out by mid-2026.
These regulatory developments make the timing of the accelerator especially significant. A clearer regulatory framework could enhance the prospects for startups building payment infrastructure and digital finance solutions to achieve commercial success in the region.
New technical proposal for XRPLMeanwhile, Ripple’s Chief Technology Officer David Schwartz has put forward a new transaction ordering system for the XRPL decentralized exchange (DEX) and automated market maker (AMM). The aim is to reduce risks of front running and sandwich attacks—both of which can harm the integrity of decentralized trading—and to enhance the predictability of transaction execution on the network.
David Schwartz’s proposed transaction ordering system is designed to limit front running risks for DEX and AMM transactions on XRPL.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
The crypto market is moving through a pivotal period of evolution. Long-term trends surrounding the XRP price prediction and the Ethereum price forecast 2030 continue to guide investor expectations. These projections rely heavily on Ripple’s utility in cross-border financial networks and Ethereum’s reigning dominance over smart contracts and Web3 systems. While both established assets serve as reliable benchmarks for digital currency growth, market participants are intentionally shifting their focus toward early-stage networks that offer significantly higher upside potential.
BlockDAG (BDAG) is rapidly dominating these discussions. It has solidly positioned itself in the best crypto to buy debate by launching a massive 100% World Cup Bonus. This strategic move allows participants to enter at just $0.00000066 per coin while securing up to 100% in extra tokens to maximize their accumulation power. This market momentum is growing even stronger following the launch of BlockDAG’s AI Large Language Model (LLM), an expansion that marks a giant leap forward for ecosystem intelligence, scalability, and network adoption.
Adoption Trends Drive Long-Term XRP Price Predictions Table of Contents
Adoption Trends Drive Long-Term XRP Price PredictionsEthereum Price Forecast 2030 Reflects Network EvolutionBlockDAG’s World Cup Bonus Boosts Token Accumulation PowerKey Insights Ripple’s expanding role in cross-border payments and international financial systems heavily dictates the current XRP price prediction narrative. Engineers designed XRP specifically to settle fast, low-cost international transactions in just a few seconds. This high-speed utility makes it an incredibly relevant asset for global remittance and institutional payment corridors.
Because of these variables, long-term market projections for XRP vary significantly. Conservative analysts suggest that moderate real-world adoption will likely place the asset’s long-term valuation somewhere between $1 and $5.
On the other hand, more optimistic outlooks push the XRP price prediction up to $10 or even higher. Achieving these higher price levels depends heavily on clearer global regulatory frameworks and deeper integration into institutional banking systems. Ultimately, the long-term future of XRP remains tied to liquidity demands and practical banking adoption.
Ethereum Price Forecast 2030 Reflects Network Evolution The Ethereum price forecast 2030 depends entirely on the network’s established role as the world’s leading smart contract platform. It serves as the primary backbone for decentralized finance (DeFi), NFTs, and decentralized applications (dApps). Because its ecosystem hosts the majority of decentralized protocols, Ethereum benefits from continuous network activity and high developer engagement.
Long-term valuation models show that the Ethereum price forecast 2030 sits comfortably between $8,000 and $20,000. Reaching these targets requires steady institutional participation, rising global adoption, and successful network upgrades.
These ongoing technical upgrades are designed to increase transaction throughput and lower gas fees during peak congestion periods. As blockchain technology integrates into mainstream industries, Ethereum’s capability to maintain a reliable, scalable infrastructure will dictate its long-term financial position.
BlockDAG’s World Cup Bonus Boosts Token Accumulation Power BlockDAG is capturing widespread attention as it rolls out advanced features and expanding utility. This rapid growth strengthens its reputation as the best crypto to buy for individuals targeting early network momentum. The primary catalyst driving this market interest is the limited-time 100% World Cup Bonus. This promotional structure dramatically boosts coin accumulation by granting buyers an extra 50% to 100% in BDAG tokens, successfully doubling their initial positions at activation.
With a current entry price of $0.00000066 and an anticipated buyback benchmark set at $0.03, BlockDAG presents a wide valuation gap. This difference underscores the substantial upside potential available as the ecosystem matures and market demand scales upward.
Activating this time-sensitive World Cup Bonus provides an immediate advantage by increasing a user’s total token holdings from the very beginning. This allows participants to gain deeper exposure to the network’s growth early on, rather than relying solely on future market price action.
Furthermore, the introduction of BlockDAG’s AI LLM represents a major technological milestone. This AI integration will improve overall ecosystem intelligence, optimize user interactions, and boost application scalability. It will also maximize operational efficiency and foster highly adaptive network use cases. Backed by a reported $500 million valuation increase, this technological leap reflects strong market confidence in BlockDAG’s long-term scaling capacity.
Key Insights The crypto landscape continues to adjust around the utility-driven XRP price prediction and the institutional Ethereum price forecast 2030. XRP maintains its focus on cross-border payment efficiency, while Ethereum relies on its massive smart contract ecosystem. Both legacy assets move within long-term adoption cycles that depend heavily on regulatory progress and institutional capital.
However, market capital is flowing toward newer ecosystems that offer faster development cycles and powerful near-term catalysts. BlockDAG is leading this shift with its 100% World Cup Bonus, offering an entry reference of $0.00000066 paired with a $0.03 buyback framework. Supported by an expanding AI LLM and rapid ecosystem development, BlockDAG is solidifying its place as the best crypto to buy for those seeking maximum upside.
Presale: https://purchase.blockdag.network
Website: https://blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu
Disclaimer: This is a Press Release provided by a third party who is responsible for the content. Please conduct your own research before taking any action based on the content.
The race between Solana and XRP has been going on for a long time. Today, XRP ranks sixth with a market cap of $69.12 billion, while Solana follows in seventh with $47.42 billion.
This trail has left investors wondering whether Solana can flip the XRP market, and if yes, when?
So, based on on-chain activity, DeFi, TVL, revenue generation, and institutional adoption, we have concluded this analysis.
Solana Vs XRP In Network ActivityStarting with network activity, data from Token Terminal shows that Solana currently records around 3.3 million daily active addresses, making it the second most-used Layer-1 blockchain with nearly 23% market share.
On the other hand, the XRP Ledger currently records around 15,000 to 16,000 daily active addresses. Although that number recently increased to between 23,000 and 39,500 during periods of higher network activity, it is still far behind Solana.
This shows that Solana already has a much larger user base, which could support long-term ecosystem growth.
Transactions, Fees, And Revenue GrowthIt is not just active users where Solana leads, it sees a larger gap when looking at transaction activity.
Token Terminal data shows that Solana handles roughly 299 million daily transactions, giving it nearly 42% market share, while also generating around $617,300 in daily network fees.
In comparison, the XRP Ledger only handles 1.7 million daily transactions and generates only around $1,900 in daily transaction fees.
The same trend appears in protocol revenue.
Since the beginning of 2026, Solana has generated around $36.7 million, making it the third-highest revenue-generating blockchain behind Ethereum and Tron. During the same period, the XRP Ledger generated about $766,900.
Solana Also Leads in DeFi GrowthAnother area where Solana holds a clear advantage is decentralized finance.
According to DefiLlama, Solana currently has more than $5 billion locked across DeFi protocols, compared with just $38.6 million on the XRP Ledger.
Although Solana’s TVL has dropped from nearly $9 billion earlier this year, it remains far ahead of XRP.
XRP Still Has One Big AdvantageWhile Solana dominates most on-chain metrics, XRP continues to lead in institutional adoption.
Ripple now holds nearly 75 regulatory licenses worldwide and works with major financial institutions like SBI Holdings, Santander, PNC Bank, CIBC, and Aviva Investors. These companies use Ripple’s network for cross-border payments and tokenization, giving XRPL strong institutional backing.
XRP is also leading the ETF race. Spot XRP ETFs have attracted around $1.49 billion in cumulative net inflows, compared with $1.14 billion for Solana ETFs.
Now the big question how much does Solana need to flip XRP?
How Much Does Solana Need To Rally?Looking at the current numbers, Solana needs to climb to around $119, nearly a 46% jump from its current price of $81, if XRP remains trading around its current level of $1.10.
However, a price rally alone may not be enough. To flip XRP’s market cap, Solana also needs stronger network growth, higher user activity, and continued institutional demand.
Story Ends Here
Trust with CoinPedia:CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
Investment Disclaimer:All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored and Advertisements:Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
Cover image via depositphotos.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
The XRP market is preparing to exit a prolonged tailspin after, according to observations by well-known crypto analyst Ali Martinez, the popular SuperTrend technical indicator triggered a buy signal on the token's 4-hour chart overnight for the first time since mid-June.
Against this backdrop, the price of the token began to show signs of recovery, forming a stable rising base around $1.08–$1.10 after last week's wave of sell-offs.
According to historical statistics cited by Martinez, the current switch of the indicator into the "green zone" opens a direct path toward the $1.25 price level, which implies potential market growth of 14%.
HOT Stories
XRP price outlook in context of SuperTrend indicator, Source: Analyst Ali MartinezIn his analysis, Ali Martinez pays special attention to the high accuracy of this algorithm in the past — the last time it issued a similar buy recommendation, it was followed by a rapid rally that sent the price of XRP up by 14%.
You Might Also Like
The effectiveness of the model is also confirmed in a falling market. According to historical data, SuperTrend previously identified the start of two of XRP's largest local declines — of 19% and 16% — without error, warning investors in time about the need to lock in profits. The switch of the indicator into bullish mode right now indicates that selling pressure in exchange order books has been exhausted.
Roadmap to $1.25: Three steps for XRP buyersRight now, a key confrontation is unfolding on exchanges. In order for the 14% impulse outlined in Martinez's analysis to fully play out and take the price toward the $1.25 target and above, buyers need to solve three tasks in sequence:
Breakout above $1.10: XRP has moved very close to this level. Bulls need a clean impulse breakout above this mark to confirm a real inflow of buying liquidity.Overcoming the $1.13–$1.15 zone: This range is an intermediate resistance area, where a temporary pause is possible due to profit-taking by speculators.Move toward the $1.25 target: This is the final point of the roadmap, and consolidation above it would mean the final breakdown of the downtrend.At the same time, the key safety zone for the entire bullish scenario remains the support block around $1.00–$1.04. As long as XRP holds above these values, the mathematical expectation of growth remains in force. A cancellation of the scenario and a drop below $1.04 would return the asset to the critical psychological level of $1.00.
The XRP Ledger is flashing one of the most extreme on-chain readings in its 12-year history. Short-term and long-term traders are sitting on losses that have never been deeper on a combined basis, according to the Santiment update. The 30-day Market Value to Realized Value (MVRV) ratio hit -45%, while the 365-day MVRV slumped to -47%. Both cohorts are deeply underwater at the same time, a setup that historically preceded at least a temporary bounce.
The MVRV metric measures the average profit or loss of all coins currently in circulation. A reading far below zero means most XRP holders are holding positions that are worth less than when they were acquired. When both short-term speculators and long-term believers are this red, panic selling usually exhausts itself. Santiment’s data suggests XRP has never posted lower average returns across these two timeframes simultaneously. Yet even with this signal, the on-chain platform notes that prices can still dip further if the broader crypto market continues to struggle.
Risk-Reward Shifts at Extremes Extreme MVRV compression doesn’t guarantee an immediate reversal, but it does alter the risk calculus. When most of the selling has already been absorbed, incremental downside tends to be shallower. The -45% and -47% readings mean that a large chunk of the potential losses have already been realized by those who exited earlier. New buyers entering at these levels are effectively stepping in after the damage, not before.
This is the kind of setup that contrarian traders watch closely. In previous XRP cycles, multi-month lows in the combined MVRV preceded aggressive relief rallies, often when on-chain sentiment hit its worst point. The logic is straightforward: with so many holders underwater, the urge to sell fades, and any positive catalyst can trigger a squeeze. Still, the signal is not a standalone buy trigger. It works better as a contextual filter for assessing whether a position has become overly crowded on the downside.
Regulatory Overhang and Altcoin Divergence One reason the pain has persisted this long is the lingering regulatory uncertainty hanging over XRP and the wider altcoin market. Even as some tokens see sharp moves—recent weekly gainers like TON and SIREN for instance—XRP remains stuck in a downtrend, partly because the legal playbook for US-based crypto projects is still being rewritten. Banks are actively trying to derail the biggest crypto bill in US history just days before a critical Senate vote, adding to the climate of uncertainty. For an asset like XRP that has historically been tied to regulatory headlines, the floor may not be found solely by on-chain metrics.
The divergence among altcoins is also notable. While XRP prints historic MVRV lows, a handful of niche tokens are posting outsized weekly gains, suggesting capital is flowing toward momentum plays rather than value-oriented entries. That rotation could change quickly if XRP’s extreme undervaluation signal begins to align with a shift in risk appetite. For now, the on-chain pain point is laid bare, and the market will decide whether this is the bottom or just one more stop on the way lower.
AUTHOR
Jide Idowu is a skilled freelance writer with expertise in blockchain technology, cryptocurrency, and digital finance. Known for his ability to break down complex topics into clear, engaging content, Jide crafts articles, blog posts, and analyses that resonate with both beginners and seasoned professionals. His work spans a wide range of subjects, from emerging crypto trends to in-depth explorations of blockchain innovations. With a keen eye for detail and a passion for educating readers, Jide is a reliable voice in the rapidly evolving world of digital assets.
XRP has gradually erased its bull run gains over the past eleven months and now trades at a crucial Fibonacci level that holds significance to its bull structure.
XRP enters July 2026 at what many see as its most important technical point since the start of the bull run. The asset had earlier climbed from about $1.05 in the second week of November 2024 into an all-time high of $3.66 in July 2025.
However, since then, it has spent eleven months gradually losing these gains. Now, XRP trades at $1.1, sitting just above the 1.0 Fibonacci retracement level at $1.00795.
This level is important because it marks a full return to the starting point of the entire rally. Although the first weekly candle of July shows a 5.07% gain, the broader chart structure suggests that the situation is still fragile.
The Final Fibonacci Support for XRP Toward the end of June, XRP fell to $1.009, its strongest test of the $1 level since November 2024. Slightly below this, the 1.0 Fibonacci level at $1.00795 reflects a complete retracement from the cycle low to the July 2025 peak.
Throughout the eleven-month decline since August 2025, XRP lost key Fibonacci levels one after another. The 0.382 level at $2.65117, the 0.618 at $2.02366, the 0.786 at $1.57696, and the 0.888 at $1.30575 all broke down and flipped to resistance.
XRP Fibonacci Resistance and Support Levels If XRP manages to hold above $1.00795 on a weekly closing basis, it could give buyers a base to build from. However, if it drops below this level, bears will have an opportunity to start targeting sub-$1 levels.
Specifically, the $0.8 to $0.9 range could act as the immediate defense. Below this, the 1.13 extension at $0.66229 becomes the next support, followed by the 1.272 extension at $0.28472. These levels suggest possible declines of 82% and 92% from the July 2025 peak.
Downtrend Still in Control Meanwhile, a descending trendline that started from the July 2025 peak continues to limit every recovery attempt and confirms that the downtrend remains in control despite the mild July rebound.
XRP Weekly Descending Trendline XRP recently reached a weekly high of $1.11, as buyers started testing the resistance at the trendline. However, the price pulled back slightly to $1.09969, leaving the breakout uncertain. A confirmed weekly close above this trendline would be the first sign of a shift in structure since the peak.
So far, this trendline has held firm. Every bounce since August 2025 has failed at or before reaching it. Until XRP breaks above it, the overall trend remains bearish.
XRP Faces Resistance from the Ichimoku Cloud Also, the weekly Ichimoku Cloud presents further resistance above the current price. The Tenkan-sen stands at $1.27885, while the Kijun-sen is at $1.71205. Both are well above current levels, showing that momentum has not yet turned positive.
For any recovery to continue, XRP must first move above the Tenkan-sen at $1.27885 and then push toward the Kijun-sen at $1.71205. Only after that can it begin to challenge the cloud itself.
XRP Ichimoku Cloud The projected cloud spans from Senkou Span A at $1.49545 to Senkou Span B at $2.33696, covering a wide range of $0.84. This wide zone shows strong resistance ahead.
For XRP to break above the cloud at $2.33696, it would need to overcome all remaining Fibonacci levels, move above four major moving averages, and clear the entire cloud structure. This makes a near-term move toward the 0.382 level at $2.65117 a very ambitious scenario.
Early July Signals and What Comes Next The first July weekly candle shows some positive signs. XRP opened at $1.04646, reached a high of $1.11, and now trades at $1.1.
On-chain data also shows the market boasts some strength. Specifically, XRP spot ETF inflows have stayed positive for eight straight weeks. In the week of June 26, inflows reached $22.99 million, bringing total net inflows to $1.47 billion.
Meanwhile, exchange outflows rose from 40.7 million XRP on June 22 to around 123 million XRP in later sessions. This nearly 200% increase suggests that larger players may be accumulating. Still, the market faces substantial risks.
For XRP to recover, it must move through key resistance levels step by step. The first target is the 0.888 Fibonacci level at $1.30575, which sits close to the Tenkan-sen at $1.27885. After that, the next level to watch is the 0.786 at $1.57696.
However, XRP still trades below its 20-day EMA at $1.11, 50-day EMA at $1.20, 100-day EMA at $1.31, and 200-day EMA at $1.52. These levels form a strong barrier that the asset must overcome to confirm any lasting recovery.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
Catherine Austin Fitts, former Assistant Secretary of Housing and Urban Development and one of the most outspoken critics of central financial control systems, has made her position on Ripple and XRP unusually clear: she believes they are central to the financial infrastructure being built right now, while Bitcoin is not.
“XRP and Ripple will be exceptionally important to whatever the train tracks they’re building,” Fitts said in a recent interview. “I don’t see Bitcoin as being an important part of that.”
Why Ripple and Not Bitcoin
Fitts drew a sharp distinction between Bitcoin’s role as a digital asset and XRP’s role as functional payment infrastructure. Her argument is not ideological but practical. Bitcoin, in her view, is not an efficient payment system and lacks the fundamental utility required for the cross-border settlement rails that financial institutions are rapidly building out.
She pointed to institutions actively integrating networks through Ripple and Stellar, using XRP and XLM for cross-border payments, as evidence that the choice of infrastructure has already been made at the institutional level. The question is not which asset wins the debate. The question is which asset gets embedded into the system that moves money globally.
The Prototype Theory
Fitts also offered a broader framework for understanding how financial infrastructure gets built, one shaped by decades of watching how powerful institutions develop and deploy new systems.
Her observation is that the people who run financial systems always prototype. They test, iterate and build incrementally, often persuading talented developers to contribute by framing the project as something liberating rather than controlling. By the time the full picture becomes clear, the infrastructure is already embedded.
In that context, her view of Bitcoin is particularly pointed. She suggested the more likely scenario for Bitcoin going forward is that it gets sold to sovereign governments as the institutional whales who got in early look for an exit, rather than becoming foundational infrastructure for the next financial system.
XRP, by contrast, is already doing the work that the next financial system requires: moving value across borders quickly, cheaply and at institutional scale.
Story Ends Here
Trust with CoinPedia:CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
Investment Disclaimer:All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored and Advertisements:Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
Like Bitcoin, altcoins have been experiencing intense selling pressure for weeks. One of these altcoins is undoubtedly XRP.
However, XRP has shown a significant recovery in the last 24 hours, rising to $1.10. This has attracted attention in the market, and popular cryptocurrency analyst Ali Martinez said that a key technical indicator has given the first buy signal since mid-June.
According to the analyst, XRP has given its first buy signal since June according to the SuperTrend indicator, suggesting a potential 14% increase in XRP price towards $1.24.
“The SuperTrend indicator has given a buy signal for XRP for the first time since mid-June.”
The last buy signal followed a 14% increase in XRP.
XRP Investors Suffer Huge Losses! Martinez predicts a significant rise for XRP, and Santiment’s data also paints a bullish picture.
Santiment’s MVRV data shows that XRP holders are facing the largest unrealized losses in XRP history. According to the data, the 30-day MVRV for XRP is -45%, while the 365-day MVRV has dropped to -47%.
Santiment’s MVRV data is historically interpreted as a signal of bullish accumulation.
“XRP’s average trading returns are at historically painful levels. Its 30-day MVRV is at -45% and its 365-day MVRV is at -47%, meaning both short-term and long-term traders are swimming in deep profits. These levels indicate that fear and disappointment are currently extremely high.”
Historically, the best opportunities arise when the crowd feels the maximum amount of pain, not in an environment of maximum trust.
*This is not investment advice.
Follow our Telegram and Twitter account now for exclusive news, analytics and on-chain data!
XRP investors are enduring one of the most severe periods of unrealized losses in the token’s history. Despite this challenging backdrop, on-chain data suggests that the current wave of selling might be nearing exhaustion—a scenario that could lay the foundation for a market rebound.
Historic lows for MVRV ratios signal extreme painAccording to Santiment data, XRP’s average trading returns have dropped to their lowest level in 12 years. The token’s 30-day Market Value to Realized Value (MVRV) ratio has fallen to negative 45%, while the 365-day MVRV stands at negative 47%. This indicates that both short-term and long-term holders are, on average, sitting on significant paper losses.
Mini glossary: MVRV, or Market Value to Realized Value, compares a crypto asset’s current market capitalization to the average acquisition cost of tokens held by investors. Negative levels indicate that the current market price is below the average cost basis, meaning most investors are underwater on their holdings.
Santiment pointed out that this is a first in XRP’s history, with both short and long-term MVRV ratios plummeting simultaneously to such depressed levels. The firm notes that this extreme scenario reflects rare pessimism among investors and pronounced market fatigue. Adding to the bearish picture, the monthly RSI indicator has also reached record lows in oversold territory.
According to Santiment’s findings, both the 30-day and 365-day MVRV ratios in XRP have hit all-time lows simultaneously, exposing investors to widespread unrealized losses.
If selling pressure eases, relief rally could gain groundHistorically, periods marked by fear and capitulation of this magnitude have often preceded major turning points in the market. Should selling pressure subside and weak hands exit, even modest buying interest can trigger a robust relief rally.
For this reason, Santiment highlights that extreme MVRV readings in crypto often correspond to prime accumulation zones. However, the firm also cautions that if broader market weakness persists, XRP could face renewed downward pressure.
IndicatorLevelSignificance30 day MVRVNegative 45%Short-term holders on average at a loss365 day MVRVNegative 47%Long-term holders deeply underwaterXRP price$1.10Range historically viewed as oversoldTechnical outlook and exchange outflows in focusCoinCodex data shows XRP was trading at $1.10 at the time of reporting—a level many analysts consider indicative of historic overselling in the market.
On the technical front, XRP continues to trade within a triangle pattern, forming progressively higher lows. Analysts associate this setup with periods when market momentum gradually builds, potentially setting the stage for a reversal.
Another positive sign has been the withdrawal of hundreds of millions of XRP from major crypto exchanges in recent weeks. This outflow, as investors move tokens from exchange wallets to private custody, often signals accumulation rather than imminent selling.
If overall market sentiment improves, the combination of record low MVRV ratios, sustained exchange outflows, and strengthening technical posture could pave the way for a meaningful recovery in XRP.
While volatility risks remain elevated in the short term, recent on-chain metrics point to one of the most robust accumulation zones ever recorded for XRP. Still, if broader market conditions fail to recover, downward risks for the token are not entirely off the table.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
According to a five-year projection by analysts, three distinct price scenarios for XRP are emerging for the period extending to the end of 2031, with estimates ranging from $1 to $25. The probability-weighted average price target is calculated at approximately $7.90, while the most likely range is expected to fall between $5 and $8.
Baseline scenario centers on $5 to $8 rangeThe report assigns a 50% probability to the mid-range scenario and allocates 25% each to both the pessimistic and optimistic forecasts. Within this framework, the baseline expectation points to a market capitalization for XRP between $325 billion and $520 billion, suggesting a price range within these levels.
Analysts highlight that XRP stands out from Bitcoin and Ethereum due to its emphasis on institutional applications. The asset’s value proposition is shaped more by needs such as cross-border payments, corporate financial services, and compliance-focused products, rather than retail investor demand.
Analysts assess that, in the most probable scenario, XRP could trade within the $5 to $8 band by 2031, with the probability-weighted target standing close to $7.90.
ETF inflows bolster institutional interestThe launch of regulated spot XRP ETFs in the United States has significantly shifted the token’s market dynamics. As of March 2026, net inflows to these investment products have surpassed $1.5 billion.
Asset management firms such as Franklin Templeton, Bitwise, Grayscale, Canary Capital, and 21Shares currently offer investors access to XRP ETFs. Goldman Sachs has also disclosed positions in these products, underscoring growing institutional interest from major traditional financial players worldwide.
Over $1.5 billion in net inflows moved into spot XRP ETFs in the US as of March 2026.
Analysts believe that ongoing demand through regulated investment vehicles will be a key factor influencing XRP’s valuation in the years ahead. The mid-range projection of $5 to $8 is closely tied to the gradual expansion of cross-border payment networks, tokenized securities, and institutional adoption.
Downside risks and upside potential closely watchedThe optimistic scenario envisions XRP reaching the $15 to $25 zone, contingent on more widespread adoption of XRP infrastructure for settlement and liquidity management by banks, asset managers, and payment companies. Continued capital inflows from ETFs and tighter supply on exchanges through increased institutional custody are also seen as important contributors in this scenario.
Conversely, the pessimistic scenario sees XRP remaining in the $1 to $2 range. The primary risk here is that even if Ripple—the fintech firm known for its payment networks and corporate blockchain solutions—grows its business, this expansion may not translate into proportional demand for the XRP token itself.
Analysts also draw attention to competitive pressures from Ethereum, Solana, fiat-backed stablecoins, and proprietary settlement systems used by financial institutions. While the regulatory landscape has improved recently, they note that uncertainty has not entirely disappeared.
On the other hand, the growth of tokenization applications on the XRP Ledger, the development of Ripple’s payments network, and the expansion of the RLUSD stablecoin ecosystem are highlighted as major positive drivers. Combined with increased institutional participation and the launch of regulated ETFs, these factors could play a defining role in shaping XRP’s five-year outlook.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Chris Larsen, co-founder and executive chairman of Ripple, has invested in a new crypto perpetuals exchange by US Senator Kirsten Gillibrand’s son. The startup has already raised $30 million in a recent early-stage venture capital (VC) round. This is major news for the XRP community as XRP price jumped 5%.
Ripple’s Chris Larsen Backs American Perpetuals Exchange Corp Chris Larsen was one of the few investors who backed American Perpetuals Exchange Corp. (APEC), Politico reported. The crypto perpetuals firm was founded by Theodore Gillibrand, the 22-year-old son of Senator Kirsten Gillibrand.
American Perpetuals Exchange Corp has raised $30 million at a $300 million valuation, led by Lux Capital. Notably, angel investor and Ripple’s executive chairman Chris Larsen, hedge fund manager John Griffin, investor Mark Ein, and Anduril Industries founder Palmer Luckey, a longtime supporter of President Donald Trump, also invested in the firm.
Although Larsen’s exact contribution was not included in the report. However, Annica Benning, a spokesperson for Theo Gillibrand’s company, reportedly confirmed that the majority contributed between $5,000 and $10,000 into the crypto derivatives platform.
CoinGape analyzed known wallets linked to Ripple executive chairman and found no transfers from those wallet addresses. Chris Larsen still holds 2.23 billion XRP worth $2.43 billion.
SEC-CFTC Harmonization Staff Meeting with Gillibrand’s Crypto Perpetuals Firm The SEC-CFTC Harmonization Initiative staff met with representatives from American Perpetuals Exchange Corp last month. APEC to apply for a designated contract market license with a special exemption to list perpetual futures on single-name equities under joint SEC and CFTC oversight.
They discussed topics including SEC-CFTC harmonization and reducing cost and complexity in equity derivatives through regulated, exchange-traded perpetual contracts.
American Perpetuals Exchange Corp highlighted over $100 billion in daily crypto perpetuals trade globally, perpetuals having 90% shares of total crypto derivatives volume, and over $1 billion in daily equity perp volume on unregulated offshore platforms.
However, many platforms such as CFTC-regulated Kalshi launched crypto perpetuals trading during this time. Kalshi now offers perpetuals trading for Bitcoin, ETH, XRP, and 10 more altcoins.
XRP price jumped more than 5% amid news that Ripple’s Chris Larsen invested in a crypto perpetuals platform. Price is trading at $1.10, with a 24-hour range of $1.07 to $1.11.
XRP Price hovered above $1.10 on Thursday after gaining 3.62% in 24 hours. The move came as traders watched the upcoming Senate vote on the CLARITY Act. Wider market strength also supported demand, with crypto value rising 1.46% to $2.14 trillion.
XRP Price Holds $1.10 as Market Recovery Expands The XRP price remained strong at around $1.10 with buyers reentering the top digital assets. The shift was after a larger recovery after recent selling undermined confidence.
Bitcoin price surged over $61,800, contributing to the renewed altcoin demand. Ethereum price rose 5%, while Solana, Cardano, and Dogecoin recovered.
The overall crypto market increased 1.46 percent in 24 hours to reach 2.14 trillion. In the case of XRP, a firm grip above 1.10 is significant.
An upsurge above this point would boost the movement towards $1.15. Inability to hold it can continue to restrain price action.
CLARITY Act Gains Law Enforcement Support The CLARITY Act gained its first major law enforcement endorsement from NOBLE. The group backed the Digital Asset Market Clarity Act in a letter.
The endorsement was endorsed on July 2 by journalist Eleanor Terrett via X. She has mentioned a letter that was addressed to John Thune and Chuck Schumer.
🚨NEWS: The National Organization of Black Law Enforcement Executives (NOBLE) has endorsed the Clarity Act, becoming the first major law enforcement organization to publicly support the legislation, which includes the Blockchain Regulatory Certainty Act (BRCA).
In a letter to… pic.twitter.com/j48csWyxVW
— Eleanor Terrett (@EleanorTerrett) July 2, 2026
NOBLE claimed that the bill had the potential to provide the law enforcement with new tools. The current criminal powers would also be left.
The support of the police and prosecutor groups in opposition to Section 604 is challenged. Nevertheless, the bill requires Senate floor and 60 votes.
XRP Spot ETFs Record $6.55M Inflows as Bitcoin ETFs End Outflow Streak XRP spot ETFs recorded $6.55 million in daily net inflows on July 2, as ETF demand improved. The cumulative net inflows amounted to 1.49 billion and total net assets were 987.91 million. Value trading between listed XRP funds topped at $12.74 million.
Source: Sosovalue data Bitwise dominated the market with fresh inflows of $6.55 million and assets of 312.71 million. The action followed Bitcoin spot ETFs inflows of $222 million following 10 days of outflows. Etherum spot ETFs contributed to broader crypto sentiment by adding $29.08 million. The statistics represented fresh zeal among digital asset funds.
XRP Price Eyes $1.20 as Rising Channel Breakout Gains Strength The XRP price soared to $1.1036 on the four-hour chart, extending its short-term recovery.
XRP price move within an ascending channel following a display of defense by buyers of the lower range of $1.00. The move depicts better demand following the previous weakness close to $1.06.
The XRP price now faces immediate resistance near $1.15. Breaking out higher than that would give way to $1.20.
The RSI is at a level of about 64.99 with a more superior buying pressure without going to extreme levels. Meanwhile, the CMF at 0.09 signals mild capital inflows.
Source: Tradingview In case momentum continues to gain, the XRP price can reach the $1.25-1.30 range. The region was a former rejection area on the graph.
However, the $1.10 level remains important for bulls. The decline below this level would drag XRP to the level of $1.08 and $1.06.
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
Growing optimism around XRP ETF developments is driving interest in early-yield strategies, with EX DeFi gaining attention alongside cloud mining infrastructure.
Summary
Rising optimism over XRP ETF inflows is boosting interest in cloud mining platforms such as EX DeFi. The platform highlights its cloud mining services as growing XRP ETF optimism draws attention to crypto infrastructure. EX DeFi positions its cloud mining platform to benefit from renewed market interest following XRP ETF developments. The optimism surrounding XRP ETF inflows is driving investors towards early-yield strategies, and the potential opportunities presented by cloud mining and related infrastructure are also drawing market attention to the EX DeFi platform.
Discussions about the “next cryptocurrency breakthrough” are intensifying, with XRP (Ripple) once again becoming a focal point in the cryptocurrency industry.
Recently, market sentiment has improved as progress on the XRP ETF has continued. Industry insiders believe that the continued rollout of compliant investment products is expected to further increase institutional investor participation and bring more market attention to mainstream digital assets like XRP. Meanwhile, ecosystem development, improved liquidity, and infrastructure growth are also crucial factors driving the industry’s long-term growth.
Several market research institutions point out that if the XRP ETF can continue to attract institutional funds, its impact could be similar to the positive effects of early Bitcoin ETF launches. However, market performance will still be influenced by various factors, including the macroeconomic environment, regulatory policies, and investor risk appetite, and future trends remain uncertain.
Against this backdrop, EX DeFi, as a digital asset service platform, offers cloud mining solutions, allowing users to participate in mining without deploying specialized equipment. As the market continues to develop, this more convenient and efficient participation model is gradually becoming a focus of industry attention.
Why EX DeFi has become more popular after the XRP ETF listing EX DeFi was one of the fastest-growing cloud mining platforms in 2026, renowned for its green energy-powered mining farms, transparent computing power, and compliant architecture. No mining rigs, equipment maintenance, or technical expertise are required; you simply purchase a computing power contract to start mining.
EX DeFi is incorporated in the UK and regulated by regulatory bodies. The company employs international security systems such as McAfee® and Cloudflare®, and 2FA verification to provide bank-grade protection for customer funds and data. All yield is processed in real-time through smart contracts, ensuring transparency and traceability. The platform currently serves users in over 180 countries and is supported and trusted by 2 million investors worldwide.
How EX DeFi ensures the safety of customer funds Fund security has always been a crucial foundation of the EX DeFi platform. To further protect user assets and account security, the platform has established a multi-layered security protection system covering asset storage, risk control, cybersecurity, and compliance management.
Regarding asset storage, the platform employs a cold and hot wallet separation management mechanism. Over 80% of users’ digital assets are stored in offline cold wallets, physically isolated from the internet to reduce potential cyberattack risks. Simultaneously, the platform’s digital assets are insured by Lloyd’s of London, adding an extra layer of protection for user assets.
In terms of risk management, EX DeFi has introduced an intelligent risk control system to monitor transaction behavior in real time, promptly identifying abnormal transactions, suspicious fund flows, and potential risks, further enhancing the platform’s overall security management capabilities.
Furthermore, the platform regularly undergoes security and compliance audits by PwC, which independently assesses operational processes and fund management, continuously improving transparency and traceability. Regarding cybersecurity, EX DeFi combines Cloudflare enterprise-grade network protection with McAfee security protection systems to provide 24/7 system security protection for the platform, continuously optimizing the digital asset security management environment for global users.
How to Earn Daily Yields with EX DeFi EX DeFi is easy to use; simply follow these four steps to earn daily mining rewards:
1. Register an Account
Visit the official EX DeFi website and register for free using an email address. New users receive a $17 bonus.
2. Deposit Cryptocurrency
Supports a variety of mainstream cryptocurrencies, such as XRP, BTC, ETH, BNB, USDT, LTC, USDC, BCH, DOGE, and SOL. The deposit process is clear, convenient, transparent, and secure.
3. Choose a Mining Contract
Choose a mining yield plan that suits a particular budget. The minimum deposit is only $100. Smart automatic mining will be enabled after system activation.
4. Automatically Receive Daily Rewards
The platform provides 24/7 smart mining services and automatically distributes daily rewards. Users can easily earn passive income without any manual operation.
EX DeFi Popular Yield Plans
BTC (Beginner Trial Contract): $100 | Term: 2 days | Daily Yield: $4 | Total Yield: $100 + $8
DOGE/LTC (Goldshell Mini DOGE Pro): $500 | Term: 6 days | Daily Yield: $6.5 | Total Yield: $500 + $39
DOGE (Goldshell-LT6): $2500 | Term: 15 days | Daily Yield: $35 | Total Yield: $2500 + $525
BTC (Bitmain-S19): $7000 | Term: 25 days | Daily Yield: $107.8 | Total Yield: $7000 + $2695
BTC (Whats-M56): $30000 | Term: 33 days | Daily Yield: $501 | Total Yield: $30000 + $16533 USD
For details on mining contracts, please visit the EX DeFi website.
Conclusion As the digital asset market continues to develop, the launch of the XRP ETF is seen by many market participants as a significant milestone in the industry’s development, further increasing market attention to the digital asset ecosystem. For investors, while focusing on market opportunities, a greater emphasis on long-term planning, risk management, and diversified participation methods is gradually becoming a new investment trend.
Against this backdrop, EX DeFi provides users with a more convenient way to participate through cloud mining infrastructure and digital asset services. As the industry continues to evolve, the platform will continue to improve its product and service systems to help users participate in the digital asset ecosystem more efficiently and seize long-term market opportunities.
Visit the EX DeFi official website to start the cloud mining journey and earn up to $7,000 daily.
Disclosure: This content is provided by a third party. Neither crypto.news nor the author of this article endorses any product mentioned on this page. Users should conduct their own research before taking any action related to the company.
XRP price has climbed to a three-day high after Ripple’s European expansion and a fresh Supertrend buy signal revived bullish sentiment.
Summary
XRP price climbed to a three-day high as Ripple’s European expansion and stronger market sentiment boosted buying. A breakout above a month-long downtrend and a fresh Supertrend buy signal strengthened the bullish outlook. Short liquidation clusters above $1.11 could fuel further gains, while $1.05 remains a key support level. According to data from crypto.news, XRP (XRP) price rose as much as 3% to an intraday high of $1.11 on July 3, extending its recovery from around $1.02 on July 1. The latest rebound follows Ripple’s regulatory progress in Europe, improving macro sentiment, and a bullish technical reversal that has encouraged buyers to return after weeks of sustained selling pressure.
Since July 1, the market has continued to price in the company’s European expansion after Ripple Payments launched under preliminary Crypto-Asset Service Provider approval through the European Union’s Markets in Crypto-Assets framework.
The development arrived just as some competing platforms scaled back parts of their European offerings to comply with MiCA rules, strengthening Ripple’s position in one of crypto’s fastest-growing regulated markets.
At the same time, investors largely dismissed concerns surrounding Ripple’s monthly 1 billion XRP escrow release after recognizing that most of the unlocked tokens are traditionally returned to escrow rather than sold into the market.
Bitcoin’s stabilization above the $61,000 area has also provided a more supportive backdrop for altcoins after weeks of heavy selling pressure. Risk appetite improved further as easing geopolitical tensions helped push crude oil prices to multi-month lows while softer U.S. economic data reinforced expectations that the Federal Reserve could begin easing monetary policy later this year.
These macro developments have encouraged investors to rotate back into higher-beta digital assets after June’s defensive positioning.
Technical breakout puts $1.12 and $1.15 into focus XRP’s technical structure has improved materially over the past two sessions. On the 1-day chart, price has broken above a descending trendline that had capped every rally since late May, ending more than a month of lower highs. The breakout has carried XRP back toward the $1.12 resistance area after reclaiming the psychologically important $1.10 level.
XRP price is close to breaking above a multi-month descending trendline resistance on the 1-day chart — July 3 | Source: crypto.news The four-hour chart reinforces that bullish shift. XRP has reclaimed its Supertrend indicator near $1.05, while the MACD has completed a bullish crossover with expanding positive histogram bars. Price has also cleared horizontal resistance around $1.075 and is now approaching the next overhead supply zone near $1.125.
XRP 4-hour price chart — July 3 | Source: crypto.news A decisive move above that barrier could expose the $1.15 region, while the Supertrend support near $1.05 and former resistance at $1.075 now serve as the first downside cushions.
Commenting on the setup, analyst Ali Martinez wrote in a July 3 X post:
“The SuperTrend indicator has just flashed a buy signal on XRP for the first time since mid-June. The last buy signal preceded a 14% rally.”
Martinez also noted that the indicator had correctly identified the previous 19% and 16% declines, adding weight to the latest reversal signal.
Derivatives positioning has also shifted in favor of bulls. CoinGlass liquidation data shows one of the largest short liquidation clusters sitting just above the current price between roughly $1.11 and $1.12.
XRP liquidation heatmap | Source: CoinGlass XRP has already begun pushing into that liquidity pocket, increasing the probability of additional forced buying if resistance breaks. Beyond that zone, another concentration of leveraged positions sits closer to $1.14, creating a potential path for an extended short squeeze should momentum continue.
On-chain sentiment has strengthened alongside the technical recovery. Sharing data from Santiment, Whale Factor highlighted that XRP’s average trading returns have fallen to their lowest level in roughly 12 years, leaving both short-term and long-term holders underwater.
Historically, deeply negative MVRV readings have often coincided with major accumulation periods before meaningful recoveries. As Whale Factor summarized, “The more frustrated the crowd the faster the snap back when sentiment turns.”
🐋 WHALE WATCH: Santiment data shows $XRP average trading returns at their lowest point in 12 years. Short term and long term holders are both underwater.
That combination has preceded sharp reversals before.
The more frustrated the crowd the faster the snap back when… pic.twitter.com/HADaIYJt4E
— Whale Factor (@WhaleFactor) July 3, 2026 Key risks remain despite the improving trend The recovery still faces several hurdles before a sustained uptrend can be confirmed. The $1.12-$1.15 region contains multiple layers of technical resistance and dense leveraged positioning that could trigger renewed selling if buyers fail to force a breakout.
Any deterioration in Bitcoin’s price, a resurgence in geopolitical tensions that lifts energy prices, or stronger-than-expected U.S. economic data that delays Federal Reserve rate cuts could quickly reduce appetite for altcoins.
On the charts, a fall back below $1.075 would weaken the current breakout, while a loss of the Supertrend support near $1.05 would place the recent bullish thesis under pressure and raise the risk of another retest of the $1.00 psychological support.
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
XRP is at $1.10. Up 4.4% today. Up 5% on the week.
A week ago it was four cents from losing $1. Now it is sitting exactly on the level that analysts say separates a dead-cat bounce from a convincing recovery. And it picked an interesting month to do it.
Let me lay it out.
The line: $1.10 Here is the setup in one sentence: XRP broke above $1.07, pushed through $1.09, and now trades right at $1.10, the level market watchers have flagged as the one XRP must reclaim and hold “before the recovery looks convincing” (live XRP price on CoinGecko).
Why this level? Because every bounce during the correction died below it. Reclaiming $1.10 with follow-through would be the first higher structure XRP has printed in months. Sitting on it, like right now, is the market deciding.
The tailwind is broad: Fed Chair Warsh turned dovish on inflation, a short squeeze torched $281 million in bearish bets, Bitcoin took back $61,000 with five straight days of ETF inflows. Rising tide. XRP is riding it.
The stat nobody expected: XRP has never had a red July Now the seasonal detail that has XRP holders buzzing. Since 2020, XRP has never closed July in the red. Not once. Every June weakness, and June 2026 was ugly, a 22% drop, has been followed by a July relief bounce or the start of an outright trend change. The most famous case: June 2020 fell 13.5%, then July 2020 exploded 48%, ending a two-year downtrend.
Seasonality is not a law of physics. But six straight green Julys is a pattern, and this July has already started green. Add a fresh technical signal, the TD Sequential indicator flashing a monthly buy alongside Bitcoin and Ethereum, the kind of macro-reversal signal analysts like Ali Martinez track, and the setup gets interesting.
The on-chain pulse is picking up Underneath the chart, the network is warming. New XRP wallet creation just hit a three-month high, and large-holder activity has strengthened, with whales moving coins off exchanges. Two weeks ago we covered active addresses jumping 72%; the trend has not stopped. Meanwhile Ripple’s RLUSD stablecoin has quietly settled over $2.5 billion in volume on the XRP Ledger, real utility stacking up while the price was busy going nowhere.
And the calendar catalyst is close: the CLARITY Act hearing on July 17, two weeks out, the nearest shot at the regulatory clarity XRP has waited years for.
The cold water, because you need it Balance, fast. Standard Chartered, long one of XRP’s loudest institutional bulls, just slashed its price target from $8 to $2.80, citing ETF inflows that have nearly stopped after a hot $1.3 billion launch. That is a real downgrade from a real bank, and it says the institutional money has not confirmed this move yet. The CLARITY Act remains stalled until at least the 17th. And XRP is still one bad macro day from re-fighting the $1 battle.
So the recovery case is live, not proven. That is exactly why $1.10 matters.
The levels Up: hold $1.10, then $1.16, the resistance analysts flagged for confirming a trend change, then $1.20.
Down: $1.07 is the first support from the breakout, then $1.00. Below $1, everything resets.
Bottom line XRP at $1.10 is sitting precisely on the line between bounce and recovery, with the wind finally at its back: a dovish Fed, wallet creation at three-month highs, whales accumulating, RLUSD volume building, a monthly buy signal flashing, and a six-year streak of green Julys daring history to repeat. Against that: a stalled catalyst until July 17 and a major bank cutting its target because fund flows went quiet.
Watch $1.10 on the daily closes. Hold it and press $1.16, and this recovery earns the word. Lose it and XRP goes back to grinding. Either way, the next two weeks, from this level to the CLARITY hearing, are the most important stretch XRP has had all year.
FAQ What is the XRP price today? XRP is trading at $1.10 on July 3, 2026, up 4.4% on the day and 5% on the week, sitting exactly on the level analysts say must hold for the recovery to look convincing.
Why is XRP going up? XRP is riding a market-wide rally sparked by dovish Fed comments and a $281 million short squeeze, plus its own signals: new wallet creation at a three-month high, whale accumulation, a TD Sequential monthly buy signal, and RLUSD stablecoin volume passing $2.5 billion.
Has XRP ever had a red July? Not since 2020. Every June weakness has been followed by a July relief bounce or trend change, including July 2020’s 48% surge that ended a two-year downtrend. June 2026 fell 22%, and this July has opened green. Seasonality is a pattern, not a guarantee.
Why did Standard Chartered cut its XRP target? Standard Chartered lowered its XRP target from $8 to $2.80, citing ETF inflows that nearly stopped after a strong $1.3 billion launch. It is a reminder that institutional flows have not yet confirmed the recovery.
What are the key XRP levels to watch? Hold $1.10, then $1.16 to confirm a trend change, then $1.20. Support is $1.07, then the critical $1.00. The July 17 CLARITY Act hearing is the next major catalyst on the calendar.
This is not investment advice. Cryptocurrency is highly volatile. Always do your own research.
The International Monetary Fund (IMF) has identified the XRP Ledger as one of the public blockchain networks used by financial institutions for stablecoin issuance in its latest report. This emphasis signals growing institutional attention to the XRP Ledger in the emerging field of regulated digital assets and tokenization.
Key findings from the IMF reportIn its study entitled “The Rise of Tokenization: Deciphering New Trends in Payments and Asset Tokenization,” the IMF explores how banks are leveraging blockchain technology to transform payment, settlement, and asset management processes. The Fund notes that while some financial institutions still rely on private ledgers, an increasing number are turning to permissionless networks to benefit from greater interoperability and broader market access.
The IMF highlights that certain institutions prefer permissionless blockchains for regulated stablecoin issuance, as this approach offers enhanced interoperability and wider reach in the market.
Among the examples cited in the report is Société Générale’s euro-denominated stablecoin, EUR CoinVertible. According to the IMF, this asset is deployed not only on the XRP Ledger, but also on Ethereum, Solana, and Stellar networks. Société Générale, a leading France-based banking group, is recognized as one of the longstanding pillars of the European financial system.
The impact of tokenization on financeThe IMF describes tokenization as a transformative trend reshaping global finance. By converting real-world assets—such as currencies, bonds, equities, and other financial instruments—into blockchain-based tokens, the report suggests ownership transfers can be streamlined, settlement times reduced, and operational costs lowered. The Fund also points out that tokenization can increase transparency and reduce reliance on traditional intermediaries.
Beyond these efficiencies, the report emphasizes tokenization’s potential to boost liquidity, minimize settlement risk, and broaden access to financial services. Within this context, public blockchain networks are increasingly seen as viable infrastructures for regulated financial products.
Why is institutional interest noteworthy?IMF Senior Economist Itai Agur recently characterized tokenization and programmable money as the next phase for financial markets. Agur has explained that merging programmable money with tokenized assets—enabled through smart contracts—could automate processes and deliver faster, more cost-effective, and more efficient transactions.
This perspective underscores the rationale for grouping XRP Ledger alongside Ethereum, Solana, and Stellar in discussions about next-generation financial infrastructure. As banks broaden their initiatives in stablecoins and asset tokenization, the XRP Ledger continues to attract heightened institutional interest among public blockchain networks.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
After last week’s steep selloff, the price of XRP is showing early signs of recovery. According to crypto analyst Ali Martinez, the SuperTrend indicator has generated its first buy signal on XRP’s four-hour chart since mid-June. Coinciding with this development, XRP has started forming a more balanced upward base between $1.08 and $1.10.
Shift in key technical indicatorMartinez notes that the SuperTrend indicator’s entry into the green zone could open a path for XRP toward the $1.25 level. This projection suggests a potential 14% price rise from current levels. Martinez also reminds investors that, in the past, a similar SuperTrend buy signal was followed by a 14% spike in XRP’s price within a short timeframe.
Mini glossary: The SuperTrend is a technical indicator that combines price and volatility data. Investors frequently use this tool to monitor trend direction and potential shifts in support or resistance.
According to Ali Martinez, the SuperTrend indicator has flashed a buy signal for the first time since mid-June on XRP’s four-hour chart, potentially paving the way for a move toward $1.25.
Historical data shared by Martinez indicates that the model provided notable signals not only in bullish phases but also during downtrends. The SuperTrend previously predicted two significant local pullbacks in XRP, marking declines of 19% and 16%. For this reason, the indicator’s renewed bullish signal is seen as a technical sign that selling pressure has weakened.
Key resistance and support levels to watchIn the near term, analysts and traders are focusing on three critical technical thresholds. First, XRP needs to establish itself clearly above the $1.10 mark. A convincing breakout here could indicate a strengthening in buy-side liquidity.
LevelSignificance$1.10First key breakout level$1.13–1.15Intermediate resistance zone$1.25Highlighted target in the analysis$1.00–1.04Support area needed to sustain the bullish scenarioThe next step involves surpassing the intermediate resistance band between $1.13 and $1.15. Temporary pauses and profit-taking may occur in this range, but breaking through it is crucial. Ultimately, crossing and maintaining levels above the $1.25 target would provide stronger confirmation that the previous downtrend has been technically reversed.
The indicator’s return to a bullish stance signals that sell orders in the order books have largely been depleted.
Conversely, for the upward scenario to remain intact, holding the $1.00 to $1.04 support block is critical. As long as XRP stays above this zone, bullish expectations are preserved. However, if the price drops below $1.04, the technical outlook could weaken, bringing the psychologically significant $1.00 level back into focus.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
SpaceX Stock price surged to $162 on July 3, gaining 3% as buyers returned after early pressure. The move came as President Donald Trump said Elon Musk may support the Trump Accounts program with SpaceX stock.
The sentiment was aided by wider market strength, as BTC, ETH, SOL, and XRP were up, alongside a fresh flow into digital asset funds.
Trump Thinks Musk May Donate SpaceX Stock to Children’s Accounts President Donald Trump said he believes Elon Musk may donate SpaceX stock to the Trump Accounts initiative. He said them in a Thursday CNBC interview with Joe Kernen.
Trump said he had not spoken with Musk recently, but described their relationship as positive. He cited other technology leaders that sponsored the children investment program.
JUST IN: 🇺🇸 President Trump says he thinks Elon Musk will donate SpaceX $SPCX stock to Trump Accounts. pic.twitter.com/82NQK1Wj8z
— Whale Insider (@WhaleInsider) July 2, 2026
Trump replied that he believes he will, when asked about a potential Musk donation. He cited examples of corporate support in Micron and Michael Dell.
The Trump Accounts plan creates investment accounts for children and allows outside contributions. Publicly traded shares were said to be acceptable under Treasury guidelines.
However, no final SpaceX commitment has been announced by Musk or the company. That keeps investors on the lookout to price anything before it happens.
SPCX Gains 3% as Buyers Defend Key $157 Support Zone SPCX closed at $162 after rising $4.46. The gain was a good recovery of the day’s weakness.
The stock started at around $155 and was raised by buyers above the 157.54 demand region. That area was the critical support area of the session.
Momentum later in the day increased as price approached the $160 area. There was a short pullback, but buyers came back.
During the recovery, afternoon volume rose, with greater demand towards the end of the day. That late surge brought SPCX to the resistance at the vicinity of $162.50.
After-hours trading dropped to around $160.95, with some reluctance following the surge. Nonetheless, holding a higher than $160 might now ensure the short-term structure is positive.
The move came as the wider crypto market gained 1.69% to $2.15 trillion. Bitcoin price rose over $61,800, and Ethereum gained 5%.
SpaceX Stock Price Prediction: Will SPCX Rally to $195 Soon? The current setup keeps $165 as the first breakout level for SpaceX Stock price. A close above that level on a daily basis would bring new momentum.
In case of buyers clearing above $165, the next target will be close to 180. The powerful follow-through can then lead to a door to $195.
SPCX stock Such a movement would be approximately a 20% bounce of the $162 close. The Stock price of SpaceX would validate a resurgence of strength after volatility.
Nevertheless, the optimistic opinion relies on the support above $160. Any further dip below $157 would undermine momentum and reveal $155 over the next few sessions.
A recent report that Chris Larsen, co-founder of Ripple Labs, made an investment in a startup founded by Senator Kirsten Gillibrand’s son has reignited debate around cryptocurrency regulation in Washington. The development comes as the US Senate continues its deliberations on comprehensive digital asset legislation.
Timing of the investment under scrutinyAccording to Politico, Larsen is among the investors in American Perpetuals Exchange Corp, a company established by Theodore Gillibrand. The firm is positioning itself as a platform focused on derivatives products and has recently raised $30 million in funding.
While the specific amount invested by Chris Larsen has not been disclosed, reports indicate that most backers contributed between $5,000 and $10,000 to the company. Consequently, the controversy centers less on the size of the investment and more on the timing, given current legislative discussions.
Mini Glossary: Perpetuals refer to derivative contracts with no expiry date. These products, popular in cryptocurrency markets, are often used for leveraged trading and utilize mechanisms tied closely to spot market prices.
Increased pressure on CLARITY Act negotiationsLarsen’s investment has drawn further attention because of Senator Gillibrand’s significant role in the ongoing debate over the Digital Asset Market Structure Act, also known as the CLARITY Act. This bill could define the oversight rules for cryptocurrencies in the US, directly impacting industry players like Ripple.
As a senator from New York, Kirsten Gillibrand is a prominent voice on financial regulation and has recently played an active part in negotiations over new crypto market rules in the Senate.
Gillibrand has argued that government officials must not use their positions for private gain in the industry and described the worst cases of this as “privilege in exchange for office.”
Gillibrand’s office distances itself from allegationsA statement from Gillibrand’s office referenced the senator’s disclosure dated June 18. In that statement, Gillibrand emphasized that her son is an adult running an independent business, and firmly rejected claims of personal involvement or interest in the venture.
The controversy coincides with Democratic lawmakers calling for stricter ethics provisions to be included in the CLARITY Act – a push that also surfaces amid discussions about former President Donald Trump’s links to the crypto sector.
Senate schedule complicates legislative processSenator Cynthia Lummis noted that lawmakers are evaluating issues around ethics, decentralized finance, and illicit transactions. While Republican senators are aiming for a vote on the bill in July, the 60-vote threshold ensures that Democrats retain significant negotiating power.
The Senate is currently in recess for Independence Day, with legislative sessions set to resume on July 13. The approaching August break further complicates the timeline, making the swift passage of major crypto regulations increasingly unlikely in the near term.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Cover image via depositphotos.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
Following weeks of low activity, XRP has seen a noteworthy 21 percent increase in trading volume over the past day, indicating a resurgence of interest in the asset. Larger market movements are frequently preceded by rising volume, even though price action is still largely contained near the $1.10 level. The abrupt rise in participation could be caused by a number of factors, the first being a wider recovery in the cryptocurrency market.
First factorThe improvement in general market sentiment is the first and most noticeable catalyst. After a dramatic sell-off in June, Bitcoin, Ethereum, and a number of other significant altcoins have stabilized. Due to its strong retail following and high liquidity, XRP is frequently among the first beneficiaries of traders' rotation back into large-cap alternative assets as risk appetite increases. Even when the token isn't driving the rally, XRP volume has historically increased in tandem with increased market activity.
XRP/USDT Chart by TradingView HOT Stories
Second factor XRP is getting close to a crucial resistance area. Technical traders are also paying attention to XRP's position on the chart. After rebounding from the psychological $1 support level, XRP is now approaching a critical resistance area between $1.12 and $1.21. The 50-day and 100-day moving averages, as well as previous support levels that became resistance following the June breakdown, are located in this area.
You Might Also Like
Both bulls and bears become more active as the price gets closer to such a closely watched area, which inevitably increases trading volume. A rejection could lead to another wave of volatility, but a breakout above these levels would bolster the recovery narrative.
Third factorA less obvious but equally important factor is the return of speculative buyers looking for a bottom. XRP has lost a substantial portion of its value from local highs and recently completed a prolonged correction phase. Some traders may see the current levels as an appealing entry point since the price has stabilized above $1 and the RSI has recovered from oversold territory.
Signs of a growing local base can be seen in the chart, and volume spikes close to market lows frequently signify attempts at accumulation by investors prepared to take on more risk before a more obvious trend reversal appears. For the time being, XRP is still technically in a bearish structure and is below significant long-term resistance levels.
However, the recent 21% increase in volume is most likely a combo of growing bottom-fishing activity, a test of significant resistances, and improving market sentiment. XRP may soon encounter a significant technical test in weeks if buying pressure persists.
For the first time in almost a year, more wallets are pulling XRP off Binance than putting it on. It’s a small shift on its face, but on the largest XRP trading venue, a flip like this is worth paying attention to, not because it makes XRP bullish, but because the behavior underneath the price has changed.
More wallets are now withdrawing XRP from Binance than depositing, a first since July 2025. The net figure swung from +26,200 to -6,210 wallets in 23 days. XRP trades at $1.11, up 2.5%, bouncing off the $1.00-1.05 support band. The metric here tracks the difference between wallets depositing XRP to Binance and wallets withdrawing it, measured over a rolling seven-day window. For most of the past year, deposits dominated. That’s no longer the case.
On June 7, Binance recorded roughly +26,200 net depositing wallets, deposits heavily outweighing withdrawals. By June 30, that figure had fallen to -6,210, meaning withdrawing wallets outnumbered depositing ones. That’s a swing of 32,410 wallets in just 23 days. The bigger detail is the context. This is the first negative reading since July 2025, and the previous low was only -1,350. Today’s figure is about 4.6 times more negative than that, so this isn’t a marginal dip below the line, it’s the strongest withdrawal bias Binance has seen on XRP in nearly a year.
XRP multi-exchange wallet activity / Source: CryptoQuant Exchange flows carry a rough behavioral signal. Deposits generally mean coins are being positioned to trade or sell, while withdrawals often mean users are moving assets into private wallets, custodial services, or DeFi, where they tend to sit rather than get traded right away.
So a decline in depositing wallets suggests less fresh supply is arriving on Binance, which, if the trend holds, could ease some immediate selling pressure. And because Binance is the largest XRP trading venue, a decisive flip here reads as more meaningful than the same move on a smaller exchange would.
This is where it pays to be careful, because the metric has a real limitation. It measures wallets, not amounts.
One whale depositing 100 million XRP counts exactly the same as one retail wallet depositing 100 XRP. By the same logic, thousands of small withdrawals don’t necessarily mean more XRP left the exchange than came in. So the data can’t prove accumulation, and it can’t confirm that Binance’s XRP balances are actually falling. All it shows, precisely, is that wallet behavior has tilted toward withdrawals. That’s a genuine signal, but it’s a narrow one, and it’s worth holding it to exactly what it says.
How the price is reacting The price backdrop fits a market that’s bouncing without having turned. XRP trades at $1.11 on Coinbase on 3th of July, up 2.47% on the day, closing right at the session high, which tells you buyers held control into the close. The bounce comes off a local bottom in the $1.00-1.05 band printed in late June, after a steep drop from around $1.5 in early June.
XRP daily technical price chart / Source: TradingView Zoom out and the trend is still down. Since February, XRP has carved a sequence of lower highs, roughly $1.50 in February, $1.48 in May, $1.26 on the mid-June rebound, with June’s selloff the sharpest leg, falling from about $1.40 to the $1.00 zone in roughly three weeks. The current move is the second bounce attempt off that $1.00-1.05 support, which has now been tested several times and held.
The moving averages leave no doubt about the larger trend. Price sits below all three, and all three slope down:
Moving Average Level Distance Above Price 50-day $1.2083 ~8.5% 100-day $1.2981 ~16.5% 200-day $1.4863 ~33% The full bearish stack, price below the 50, below the 100, below the 200, confirms the downtrend is intact. Overhead, first resistance sits around $1.15 (the mid-June consolidation zone), then the 50-day near $1.21, which also lines up with the June rebound territory.
Momentum is improving but not convincing. RSI reads 47.7 and rising, recovered from oversold near 30 in late June, and it’s back above its signal line at 35.97, consistent with a short-term bounce, but it’s sitting in neutral territory, not the kind of strength that usually accompanies a real trend reversal. Volume is the main caveat: today’s bounce is happening on modest turnover, while the largest recent volume spike was the green bar near the mid-June lows, possible absorption, but the follow-through failed. A recovery on weak volume is exactly what makes it hard to call this a durable turn.
XRP didn’t suddenly become short-term bullish. It’s that market behavior has shifted. For weeks, Binance was taking in XRP from more wallets than it was losing; that pattern has now reversed completely, reaching its strongest withdrawal bias in almost a year, even as price stages a modest bounce inside a still-intact downtrend.
Neither signal, on its own, confirms a turn. The wallet data would need backing from falling exchange reserves or rising long-term-holder balances to become real evidence that XRP holders are moving coins off exchanges to hold them. The price would need to reclaim the 50-day near $1.21 to suggest anything more than a relief bounce. Until those confirmations show up, this is what it is: a genuine change in behavior worth watching, sitting inside the same risk-off, lower-high pattern gripping the broader altcoin market, not proof that the tide has turned.
XRP, son günlerde yeniden 1 dolar seviyesini test ederken hem kurumsal yatırımcı hareketleri hem de zincir üstü göstergeler piyasada farklı sinyaller üretiyor. Spot XRP ETF‘lerinde mart ayından bu yana ilk kez iki gün üst üste net çıkış görülürken, Binance rezervlerindeki gerileme ve teknik göstergeler ise satış baskısının zayıflayabileceğine işaret ediyor.
Haberin hazırlandığı sırada XRP yaklaşık 1,11 dolar seviyesinde işlem görüyor.
XRP ETF’lerinde Marttan Bu Yana Bir İlk Spot XRP ETF’leri, piyasaya sürüldükleri günden bu yana yaklaşık 1,5 milyar dolar kümülatif net giriş elde etti.
Ancak son iki işlem gününde tablo değişti.
ETF’lerde mart ayından bu yana ilk kez iki gün üst üste net çıkış yaşandı. Bu durum, kurumsal yatırımcı talebindeki kısa vadeli yavaşlamaya işaret etse de tek başına uzun vadeli eğilimin değiştiğini göstermiyor.
ETF çıkışlarının sürmesi halinde ihraççıların portföylerindeki XRP miktarını azaltması gerekebileceği değerlendirilirken, bunun fiyat üzerindeki etkisi piyasa koşullarına bağlı olarak şekillenecek.
1 Dolar Seviyesi Yakından İzleniyor XRP geçtiğimiz günlerde 1 dolar seviyesine kadar gerileyerek yatırımcıların dikkatini çekti.
Alıcıların devreye girmesiyle fiyat yeniden toparlanırken, piyasanın odağı kritik destek bölgelerinde kalmaya devam ediyor.
Piyasa analisti Diana, XRP’nin yeniden 1,08 doların altına gerilemesi halinde 0,87 dolar seviyesine kadar yeni bir düzeltme ihtimalinin oluşabileceğini belirtiyor.
Analiste göre buna karşılık 1,08 doların üzerinde kalıcılık sağlanması durumunda fiyatın 1,30 dolar bölgesini yeniden hedeflemesi mümkün olabilir.
Bu değerlendirme teknik analiz niteliğinde olup kesin bir fiyat tahmini anlamına gelmiyor.
Binance Verileri Satış Baskısının Azaldığını Gösteriyor Öte yandan zincir üstü veriler daha farklı bir tablo ortaya koyuyor.
Binance’te tutulan XRP miktarı son dört ayın en düşük seviyesine geriledi.
Borsalarda tutulan varlık miktarının azalması genellikle kısa vadeli satış baskısının zayıfladığı yönünde yorumlansa da bu veri tek başına fiyat yönünü belirlemek için yeterli kabul edilmiyor.
Yatırımcıların varlıklarını kişisel cüzdanlara taşıması farklı stratejilerin de sonucu olabilir.
Ali Martinez’den Uzun Vadeli Sinyal Kripto analisti Ali Martinez de teknik göstergelerde dikkat çeken bir gelişmeye işaret etti.
Martinez’e göre aylık zaman diliminde Tom DeMark (TD) Sequential göstergesi XRP için alım sinyali üretti.
Aynı göstergenin Bitcoin, Ethereum ve Solana’da da benzer sinyal verdiğini belirten analist, geçmiş döngülerde bu tür eş zamanlı sinyallerin satıcıların gücünü kaybettiği dönemlerle örtüştüğünü ifade etti.
Bununla birlikte teknik göstergeler tek başına fiyat hareketini garanti etmiyor ve yatırımcılar tarafından diğer piyasa verileriyle birlikte değerlendiriliyor.
XRP İçin Gözler Destek ve Direnç Bölgelerinde Mevcut görünümde XRP için kısa vadede 1,08 dolar seviyesi önemli destek konumunda bulunuyor.
Bu bölgenin korunması halinde piyasa yeniden 1,30 dolar direncini gündemine alabilir.
Öte yandan ETF akışları, borsa rezervleri ve zincir üstü göstergeler birlikte değerlendirildiğinde XRP piyasasında henüz tek yönlü bir görünüm oluşmuş değil.
Şimdilik veriler, kurumsal yatırımcı hareketleri ile zincir üstü göstergelerin farklı sinyaller ürettiği ve yatırımcıların yeni yönü belirlemek için kritik seviyeleri izlemeyi sürdürdüğü bir döneme işaret ediyor.
Bu içerik genel piyasa verilerine dayanır ve yatırım tavsiyesi değildir. Kendi araştırmanızı yapmanızı öneririz.
Son Dakika kripto para haberleri için hemen tıkla.
Konu ile ilgili yorumlarınızı bize yazabilirsiniz. Ayrıca, bu tarz bilgilendirici içeriklerin devamının gelmesini isterseniz, bizleri Telegram, Youtube ve Twitter kanallarımızdan takip edebilirsiniz.
Crypto market recovery signs are flashing amid July seasonality and rising liquidity. Bitcoin (BTC), Ethereum (ETH), and XRP prices have already rebounded significantly ahead of options expiry today.
BTC price has surged more than 6% to $62K since CoinGape predicted bullish crypto market reset for recovery last week. Over the last 24 hours, the crypto market saw nearly $300 million in short liquidations after US nonfarm payrolls came below expectations.
Over $2.2 Billion in Bitcoin, ETH, XRP Options Expiry Today According to Deribit data, $1.9 billion in Bitcoin options with a put/call ratio of 0.70 are expiring today, July 3. The max pain price is $61,000, below the current $61,626 market price.
Deribit data shows a higher probability of expiring above $61,500 strike price. Moreover, options traders are betting on $64K, $66K and $70K call options for upcoming weekly and monthly expiries.
In the last 24 hours, call options trading volume is higher than put options and has a bullish put/call ratio of 0.75. Falling implied volume and rising 25-delta skew indicate a transition from panic to stability, signaling a potential crypto market recovery.
Bitcoin Options Open Interest. Source: Deribit Meanwhile, $230 million in ETH options to expire today, with a put/call ratio of 1.29. However, the put/call ratio has decreased to 1 as bulls open calls for a $2,500 strike price in September.
The max pain price is $1650, below the current Ethereum price of $1713. Deribit data shows a 91% odds of Ethereum expiring above $1700.
ETH Options Expiry. Source: Deribit XRP options of notional value $3.7 million are set to expire today, with a put/call ratio of 1.06. The max pain price is $1.06, with Deribit data suggesting a $1.14 target by July-end amid broader crypto market recovery.
XRP price is currently trading at $1.10, up 5% over the past 24 hours. The recovery followed US jobs data that raised hopes of a Fed rate cut.
XRP Options Expiry Analysts Predict Crypto Market Recovery Bitcoin price is trading above the 7-day moving average, but still below the 30-day moving average. 10x Research pointed out that heavy supply pressure mounted when the Winklevoss Twins transferred Bitcoin and ETH worth $67 million to Gemini crypto exchange to secure profits.
However, a sudden buying spree by long-term holders helped establish a firm price floor. This happened after Fed Chair Kevin Warsh declined to signal imminent interest rate hikes.
Bitcoin July Seasonality. Source: 10x Research Markus Thielen from 10x Research said “July has historically been Bitcoin’s strongest month, averaging +9.1% returns, before the market typically flattens out through August and September.”
The latest Bitcoin rebound from $58K to nearly $62K comes amid support from derivatives traders. BTC, ETH, and XRP futures open interest have climbed massively in the past 24 hours.
Analyst Cheds Trading noted Bitcoin price recovery, but warned about a hidden bearish divergence with RSI on the daily timeframe. Bitcoin price faces local resistance at the $62.5K zone, which is near the key 200-week moving average.
Bitcoin Hidden Bearish Divergence with RSI. Source: Cheds Trading
Bitcoin (BTC) maintains its upward momentum, holding above the $61,000 mark at the time of writing on Friday. Major altcoins such as Ethereum (ETH) and Ripple (XRP) are also posting gains, signaling a modest uptick in market sentiment and renewed risk appetite among investors.
Risk appetite boosts capital inflowsFor several weeks, risk sentiment in the crypto market was subdued, weighed down by macroeconomic headwinds, geopolitical uncertainties, and a dearth of clear catalysts.
However, sentiment is now showing tentative signs of recovery, as evidenced by the Crypto Fear & Greed Index, which ticked up to 21 on Friday from 19 the previous day, still deep in ‘Extreme Fear’ territory. Should this trend persist, we could see further capital inflows as investors gradually regain confidence in risk assets.
Crypto Fear & Greed Index | Source : AlternativeInstitutional investors are making a notable return to Bitcoin, as evidenced by Thursday’s spot BTC Exchange-Traded Fund (ETF) inflows of $221 million, the first significant uptick since mid-June and a clear break from a nine-day stretch of outflows.
SoSoValue data highlight cumulative ETF inflows of $51 billion and average net assets of $74 billion. This resurgence of institutional capital signals growing confidence and is lending crucial support to Bitcoin’s ongoing recovery.
Bitcoin ETF flows | Source: SoSoValueEthereum spot ETFs posted a second consecutive day of inflows, with $29 million recorded on Thursday, nearly doubling Wednesday’s $15 million. If sustained, the inflow momentum would back the ongoing recovery and cement investor confidence amid renewed market optimism. Cumulative inflows average $11 billion with net assets under management at $9 billion.
Ethereum ETF flows | Source: SoSoValueUS-listed XRP spot ETFs attracted inflows of nearly $7 million on Thursday, breaking two consecutive days of outflows. Despite withdrawals on Tuesday and Wednesday, cumulative outflows remain steady at $1.48 billion, with net assets under management averaging $988 million.
XRP ETF flows | Source: SoSoValuePrice analysis: Bitcoin buyers tighten grip as recovery gains momentumBitcoin trades at $61,725, extending its rebound for the third consecutive day. Still, the Crypto King sustains a bearish near-term tone as it sits well below the 50-day, 100-day and 200-day Exponential Moving Averages (EMAs). The 50-day EMA at roughly $66,025, the 100-day EMA near $69,818 and the 200-day EMA around $75,952 all fan out above spot, suggesting the broader downtrend remains in place despite the recent stabilization.
The Parabolic SAR at about $62,200 also hovers just above price, reinforcing overhead pressure, while the Relative Strength Index (RSI) lingering in the mid-40s hints at only modest, corrective upside momentum rather than a decisive reversal.
BTC/USDT daily chartOn the topside, immediate resistance is defined first by the Parabolic SAR at $62,200, with the 50-day EMA at $66,025 acting as the next significant barrier. Beyond these key barriers, the 100-day EMA at $69,818 and the downward resistance trendline break price near $75,072 converge with the 200-day EMA to create a broader supply zone that would need to be reclaimed to weaken the prevailing bearish structure.
On the flip side, immediate support is highlighted by psychological round-number levels at $60.000 and $58,000, respectively. Trading below this demand range would leave Bitcoin vulnerable to renewed selling toward a new yearly floor.
Altcoins technical outlook: Ethereum and XRP extend modest gainsEthereum edges higher above $1,700, marking three straight days of gains. Momentum has improved as reflected in the RSI, which hovers just above 50 on the daily chart and the Moving Average Convergence Divergence (MACD), with its histogram in positive territory, hinting that selling pressure is easing.
Despite the upswing, the several structural levels cap ETH's upside. Trading below the 50-day, 100-day and 200-day EMAs reinforces a broader downtrend.
ETH/USDT daily chartOn the topside, immediate resistance is seen at the 50-day EMA around $1,808, followed by the descending resistance trendline region referenced near $1,928. Further north, the 100-day EMA at about $1,983 and the 200-day EMA close to $2,271 define a broader supply band that would need to be reclaimed to shift the medium-term tone. Looking down, initial support is provided by the Parabolic SAR around $1,516, where a daily close below would likely reopen the path toward lower lows despite the currently improving momentum backdrop.
XRP trades at $1.10, as bulls tighten their grip. The psychological support at $1.03 allowed buyers to reengage, aligning with the broader crypto market's short-term positive outlook. Momentum is improving, backed by the RSI's recovery toward a neutral 46 on the daily chart and the MACD histogram, which has recently turned slightly positive. Together, both indicators hint at modest upside momentum within a broader downtrend.
XRP/USDT daily chartOn the topside, initial resistance emerges at the 20-day Bollinger middle band around $1.11, followed by the downtrend resistance trendline break area near $1.21 and then the 50-day EMA close to $1.19, forming a dense supply zone before the upper Bollinger band near $1.23. Higher up, the 100-day EMA around $1.29 and the 200-day EMA near $1.51 mark more substantial barriers.
Conversely, the lone nearby structural cushion is the Bollinger lower band, now around $0.99, where buyers could attempt to slow any further decline.
(The technical analysis of this story was written with the help of an AI tool.)
Crypto ETF FAQs An Exchange-Traded Fund (ETF) is an investment vehicle or an index that tracks the price of an underlying asset. ETFs can not only track a single asset, but a group of assets and sectors. For example, a Bitcoin ETF tracks Bitcoin’s price. ETF is a tool used by investors to gain exposure to a certain asset.
Yes. The first Bitcoin futures ETF in the US was approved by the US Securities & Exchange Commission in October 2021. A total of seven Bitcoin futures ETFs have been approved, with more than 20 still waiting for the regulator’s permission. The SEC says that the cryptocurrency industry is new and subject to manipulation, which is why it has been delaying crypto-related futures ETFs for the last few years.
Yes. The SEC approved in January 2024 the listing and trading of several Bitcoin spot Exchange-Traded Funds, opening the door to institutional capital and mainstream investors to trade the main crypto currency. The decision was hailed by the industry as a game changer.
The main advantage of crypto ETFs is the possibility of gaining exposure to a cryptocurrency without ownership, reducing the risk and cost of holding the asset. Other pros are a lower learning curve and higher security for investors since ETFs take charge of securing the underlying asset holdings. As for the main drawbacks, the main one is that as an investor you can’t have direct ownership of the asset, or, as they say in crypto, “not your keys, not your coins.” Other disadvantages are higher costs associated with holding crypto since ETFs charge fees for active management. Finally, even though investing in ETFs reduces the risk of holding an asset, price swings in the underlying cryptocurrency are likely to be reflected in the investment vehicle too.
Cryptocurrencies gained ground on Thursday while major stock indexes closed at all-time highs, as softer-than-expected jobs data lowered expectations for a Federal Reserve rate hike.
Crypto Market RalliesBitcoin briefly broke $62,000 but failed to sustain the rally, pulling back to the low $61,000 range. Ethereum experienced a more pronounced rally, breaking through the $1,700 level before consolidating sideways.
Nearly $460 million was liquidated from the cryptocurrency market in the last 24 hours, predominantly in short positions, according to Coinglass data
Bitcoin’s open interest rose 1.14% over the last 24 hours to $46.22 billion. Derivatives traders on Binance, including both retail and whale investors, remained net long on the leading cryptocurrency but trimmed their long positions.
Top Gainers (24 Hours)
The global cryptocurrency market capitalization stood at $2.2 trillion, following a dip of 0.79% over the last 24 hours.
Dow Closes At New RecordMajor indexes bounced back on Thursday after a brief pause. The Dow Jones Industrial Average rallied 594.83 points, or 1.14%, to hit a record close of 52,900.07. The S&P 500 eked out a narrow gain to end at 7,483.24, while the tech-focused Nasdaq Composite dropped 0.8% to close at 25,832.67.
U.S. job growth slowed sharply in June, with only 57,000 jobs added, missing economists’ forecast of 110,000 and down from 129,000 in May. The unemployment rate edged down to 4.2%, below the 4.3% consensus.
The CME Group’s FedWatch tool showed markets lowering the likelihood of the Fed keeping the rates unchanged in September to 45% from nearly 50% the day before.
‘Incoming Volatility’Blockchain analytics firm CryptoQuant warned that Bitcoin’s failure to hold $60,000 could trigger accelerated selling, potentially driving the price down toward its realized price of $53,000, which serves as a major support level.
CryptoQuant reported that the average Bitcoin deposit size has doubled from 1 BTC to 2 BTC, signaling increased activity from whales and institutional investors rather than retail participants.
“Whales appear to be leading the move. Incoming volatility,” the firm added.
Michaël van de Poppe, a widely followed cryptocurrency analyst and trader, said that he’s not selling his altcoins and plans to take profits once market excitement around altcoins returns.
“The markets are just waking up and sentiment can change fast,” Van De Poppe said. “There’s no need to be looking to be selling the actual market bottom, as that would be here.”
Photo Courtesy: Marc Bruxelle on Shutterstock.com
Market News and Data brought to you by Benzinga APIs
This Friday, we examine Ethereum, Ripple, Cardano, Binance Coin, and Hyperliquid in greater detail.
Ethereum (ETH) Ethereum managed to bounce off support at $1,500 and recovered last week’s losses. This is also why it closed the week with an impressive 10% rally, as buyers regained control of price action.
To be confident in a sustained recovery, the price will need to eventually break the current resistance at $1,800. Anything less than that would only be a short relief before sellers return to dominate.
Looking ahead, Ethereum has a real chance here to set a local bottom and attempt a rally. The question is if buyers have the volume and strength to sustain it and break the key resistance in the days and weeks to come.
Source: TradingView Ripple (XRP) This week, buyers managed to defend $1, sending the price 6% higher. However, there is resistance at $1.1, which has managed to hold off the bulls, at least as of this post.
Similarly to Ethereum, XRP needs to make the best of this bounce and turn it into a sustained rally if it wants to break away from its current downtrend. Even if the $1.1 resistance falls, the price still has to claim $1.3 to confirm a breakout.
Looking ahead, the price reaction at $1 was somewhat expected since it’s a key psychological level. If buyers fail to capitalize on this in the coming days and weeks, then sellers will likely return to put pressure again.
Source: TradingView Cardano (ADA) This week, ADA impressed with a 16% bounce after the price briefly fell under the $0.15 support. With the support secured, this cryptocurrency has a good shot at moving higher. However, as of this post, the price formed a lower high.
To be confident in a sustained recovery, Cardano will have to move beyond its previous high of 19 cents. Anything less than that would make this a bearish bounce, eventually leading to ADA falling lower.
Looking ahead, sentiment across the crypto market has improved with the start of July, but the month is only just beginning, and it is too early to say whether the current price action will be sustained. At a macro level, ADA remains bearish.
Source: TradingView Binance Coin (BNB) Compared to the other coins on our list, Binance Coin remained flat this week. This is atypical and rather bearish because the price failed to reclaim its support at $580. Because of that, sellers retain the upper hand and may aim for $500 next.
The $500 support hasn’t been tested yet, but it’s the next major level if bears continue to dominate the chart. Moreover, Binance failed to secure a MICA license in the EU at the start of July, which made it lose a key market to competitors.
Looking ahead, any weakness for Binance, the exchange, will likely translate to its token, BNB. The current chart seems to confirm this, as it remains in a bearish trend with no bounce or recovery in sight.
Source: TradingView Hype (HYPE) HYPE found good support above $60 and bounced by 6% this week. This has placed it in flat price action since early June. This consolidation is also forming a large pennant. Once that is resolved, we will know where this cryptocurrency is headed next.
When a pennant forms, the price tends to respect the underlying trend, which, in this case, is bullish. Therefore, the higher probability is for the price to break away and aim for new highs.
Looking ahead, HYPE will have to secure $68 as a key support and hold above it if it wants to challenge the current all-time high at $77. Anything less than that, or a break below $60, would be a bearish signal with lower lows likely.
The historic volatility of cryptos once again reminded market operators that short-term certainties do not exist in this universe. This Thursday, July 2, the ecosystem recorded a technical reversal, inflicting dry financial losses on investors positioned short. Indeed, this sudden surge, occurring after several days of bearish pressure, redefines the short-term price dynamics for the main market assets. Understanding the mechanisms of such a purge is essential today, as it illustrates the extreme sensitivity of the crypto market to leverage effects and global macroeconomic indicators.
In brief The crypto market rebound triggered a massive liquidation of short positions, with over 600 million dollars wiped out in just 24 hours. Bitcoin, Ethereum, Solana, and XRP saw a clear rebound, driven by a strong short position coverage movement. The latest US economic indicators, notably the slowdown in employment, revived hopes of a Fed monetary policy easing. Shares of major crypto-related companies, like Strategy, Coinbase and Circle, also benefited from this renewed optimism. Bitcoin: cleaning up short positions in the derivatives market The crypto market rebound, after a violent drop, observed over the last 24 hours, completely caught bearish investors’ strategies off guard, causing major price movements and massive losses on derivatives products :
Bitcoin (BTC) surge : the top market crypto surpassed the $62,000 mark for the first time in over a week, reaching a local high at $62,078 after having plunged below $58,000 earlier in the week (a 21-month low). It then stabilized around $61,650, up 3% on the day and 4% on the week ; The scale of global liquidations : the technical purge totaled $602 million in 24 hours, with short positions representing the majority of the carnage with $400 million in net losses ; The case of Ethereum (ETH) : notably, ETH surpassed bitcoin as the top contributor to forced liquidations with $187 million wiped out by its traders, versus $184 million for BTC, taking its price to $1,701 (nearly 5% increase) ; The performances of Solana (SOL) and XRP : Solana jumped nearly 5% for the day to $81, becoming the biggest weekly gainer in the top 10 with over 22% gain. XRP increased over 3% to trade at $1.09. This exceptionally large technical purge demonstrates how quickly forced liquidations can feed into each other. The simultaneous reversal of major altcoins confirms that the market was trapped by an excessive accumulation of highly leveraged short positions, turning a simple technical resistance into a powerful global short position cover rally.
Macroeconomic catalysts and US employment indicators This bullish turnaround in capital markets stems directly from the latest economic releases and the monetary policy directions in the United States. The rebound began following statements by Federal Reserve Chairman Kevin Warsh, who deliberately maintained ambiguity on the institution’s future intentions. Indeed, investors reacted positively when the leader “declined to say whether the agency planned rate hikes, but later this year”.
Following this intervention, interest rate traders now estimate almost equal probabilities regarding the Fed decision to hold or raise rates at the September meeting. However, they still project a 64% probability that a rate hike will occur by the October FOMC meeting.
The upward movement intensified Thursday after the Bureau of Labor Statistics announced that US employers created only 57,000 jobs in June. This figure was much lower than the initial target of 115,000. Moreover, it is a clear decline compared to the revised 129,000 jobs recorded in May.
This marked slowdown in US employment paradoxically boosted global risky assets in particular bitcoin, easing fears of a prolonged monetary tightening by central bankers. While traditional markets reacted mixedly, with the S&P 500 and Nasdaq closing lower and the Dow Jones remaining in the green, the crypto sphere took advantage of this slowdown to initiate its technical relief rally.
Stock market reaction and the surge of Web3-linked stocks The impact of this price rebound was not limited to retail investor portfolios; it also shook the shares of listed crypto sector companies. Michael Saylor’s Strategy, which remains the world’s largest corporate bitcoin holder, saw its stock appreciate nearly 7% to reach $100.
This recovery is all the more significant because the stock had dropped to nearly $80 the previous week. In the same bullish momentum, the American exchange platform Coinbase’s stock rose 3.35% to $165. Circle, issuer of the USDC stablecoin, completed this positive picture by recording a nearly 5% increase to reach $65, showing strong resilience.
However, the future implications of this global movement invite a nuanced analysis of the market’s macroeconomic structure. While this technical rebound validates cryptos’ immediate responsiveness to Fed signals and illustrates the constant danger of leverage for sellers, the overall trend calls for real ethical caution. Taking the necessary perspective, bitcoin still shows a 16 % decline over the last month and trades approximately 52% below its all-time high near $126,000 set in October 2025.
Maximize your Cointribune experience with our "Read to Earn" program! For every article you read, earn points and access exclusive rewards. Sign up now and start earning benefits.
Join the program
A
A
Lien copié
Luc Jose A.
Diplômé de Sciences Po Toulouse et titulaire d'une certification consultant blockchain délivrée par Alyra, j'ai rejoint l'aventure Cointribune en 2019. Convaincu du potentiel de la blockchain pour transformer de nombreux secteurs de l'économie, j'ai pris l'engagement de sensibiliser et d'informer le grand public sur cet écosystème en constante évolution. Mon objectif est de permettre à chacun de mieux comprendre la blockchain et de saisir les opportunités qu'elle offre. Je m'efforce chaque jour de fournir une analyse objective de l'actualité, de décrypter les tendances du marché, de relayer les dernières innovations technologiques et de mettre en perspective les enjeux économiques et sociétaux de cette révolution en marche.
DISCLAIMER
The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.
Ethereum price climbed 6% to $1,713 as the wider crypto market recovered. Bitcoin’s move above $62,000 lifted sentiment across major tokens. Solana, XRP, Cardano, and Dogecoin also gained, adding momentum. Traders now watch whether stronger demand can push ETH toward $2,000 next week amid improving risk appetite and volume signals.
Crypto Market Recovery Fuels Fresh Demand The crypto market rose 2.71% in 24 hours, pushing its value to $2.14 trillion. That action gave traders renewed confidence following a number of poor performances.
Bitcoin price outlook also fluctuated around the level of $62,000, which contributes to the broader recovery. Bitcoin strength, as usual, boosted demand in major altcoins.
Ethereum price rose by almost 10% throughout the week, with more robust short-term momentum. Solana price has also risen 18%, and Cardano and XRP prices rebounded.
Meanwhile, short sellers were under intense pressure as prices were reversed. Short positions were liquidated to the tune of about 281 million in the market.
US Iran Peace Talks Improve Sentiment ETH price was also boosted by the relaxed tensions in the Middle East. It was reported that the US officials suspected that Israel might attack Iranian negotiators.
The suspected targets included Abbas Araghchi and Mohammad Bagher Ghalibaf. The two personalities were associated with delicate negotiations between Iran and Washington.
US officials allegedly warned Iran using regional intermediaries. They feared any strike could end talks and restart the conflict.
But market response is now indicating that traders perceive reduced war risk. The oil prices fell to a 4-month low.
The fact that the oil prices are lower can ease the issue of inflation in all their markets worldwide. Thus, the risk assets tend to appreciate as the energy pressure begins to diminish.
🇺🇸🇮🇷 Tanker traffic through the Strait of Hormuz over the past 24 hours shows a clear split
The majority of vessels using the Iranian route are either headed to, or leaving Iran.
Whilst tankers traveling elsewhere are using the Omani route, which is still being protected by U.S…
— Mario Nawfal (@MarioNawfal) July 3, 2026
Tanker traffic through the Strait of Hormuz still remains below normal. However, markets seem not to be so concerned about the broader war in the region.
This reduced waving contributed to the crypto prices gaining momentum more effectively. Consequently, further peace development would be beneficial to Ethereum price.
ETF Inflows Support Ethereum Price Outlook ETF flows added another reason for a possible Ethereum price rally. Spot Ethereum ETFs had their first inflows since mid-June.
The products had faced a difficult period during June. The net outflows amounted to approximately 529 million during the month.
However, July opened with stronger demand from investors. Spot Ethereum ETFs experienced net inflows of 14.9 million on July 1.
Bitcoin Spot ETFs See $222M Net Inflow After 10-Day Outflow Streak
On July 2 (ET), Bitcoin spot ETFs recorded a total net inflow of $222 million, turning positive after 10 consecutive days of net outflows. Ethereum spot ETFs recorded a total net inflow of $29.08 million. pic.twitter.com/LP3UjuQPJV
— Wu Blockchain (@WuBlockchain) July 3, 2026
The improvement continued on July 2, with another $29.08 million entering Ethereum ETFs. That demonstrated that demand was coming back following weeks of strain.
Spot ETFs that track Bitcoin also became positive following ten consecutive outflow days. They recorded $222 million in net inflows on July 2.
Ethereum Price Analysis: Key Levels To Watch The Ethereum breached the $1,700 mark following consistent purchasing in the short-term market. The shift brought ETH close to one of the resistance points, and now, the next target is $1,800.
The MACD is also bullish, with the blue line on top of the signal line. The histogram remains positive as well, indicating that upward pressure is still active. With this strength, the full ETH forecast report may first test $1,800 before it moves any further toward $2,000.
In the meantime, RSI is close to 71, indicating an overbought region. This reading presents a great momentum.
Source: ETH/USDT 4-hour chart: Tradingview On the downside, $1,700 now serves as the first support level. Any fall below that level might reveal $1,600 once more. With the increased selling, ETH can revisit the $1,560 demand zone before attempting another recovery.
Bitcoin climbed above the $61,000 mark and the recovery was led by macro data, as weaker U.S. jobs numbers increased expectations that the Federal Reserve may shift toward a less restrictive policy stance. The cryptocurrency was trading at $61,739 mark.
In the past 24 hours, Bitcoin was up 2.80% and Ethereum was up 6.24% to trade at $1,716 mark. Among the major altcoins, BNB, XRP, Solana, Tron, Hyperliquid, Dogecoin, and Cardano gained upto 6.68%.
Also Read | Which is the best Nifty-based index fund to buy basis expense ratio and tracking error?
Crypto Tracker
TOP COINS (₹)
164,260 (4.93%)
53,567 (1.43%)
5,871,100 (0.82%)
95 (-0.16%)
95 (-0.16%)
Riya Sehgal, Research Analyst, Delta Exchange said the move is still a relief rally, not a confirmed reversal. For Bitcoin, $62,200 is the first resistance. A sustained move above this level can open room toward $64,000–$65,000.
ETF flows have improved for Bitcoin but remain uneven, while Ethereum ETF flows are largely flat, Sehgal further said. Bitcoin picked up to $62,000 after whales added 270,000 BTC, forcing $130M short losses and the fear and greed index has risen to 22, as the market sentiments improve but still remain under fear, said CoinDCX Research Team.
The global crypto market capitalisation went up 2.64% to $2.13 trillion, according to CoinMarketCap.
In the past week, Bitcoin and Ethereum were up 1.97% and 8.68% respectively. Among the major altcoins, XRP, Solana, Hyperliquid, Dogecoin, and Cardano gained upto 14.91% whereas BNB and Tron were down 1.25% and 1.15% respectively.
CoinSwitch Markets Desk said BTC staged a rebound towards $62K, driven primarily by a short squeeze. However, the broader backdrop remains mixed. Institutional demand remains weak due to persistent ETF outflows, while higher bond yields continue to compete with risk assets.
The next major directional move will likely depend on macroeconomic conditions, institutional flows, and whether BTC can sustain momentum above $62K toward the $65K resistance, CoinSwitch Markets Desk further said.
Here is what other analyst say
Avinash Shekhar, Co-Founder & CEO, Pi42: Bitcoin’s rebound following weaker-than-expected U.S. jobs data underscores how closely crypto markets are tracking macroeconomic expectations. For investors, the conversation is gradually shifting from “how low can prices go” to “when does liquidity begin returning to the market.
Also Read | 11 equity mutual funds multiply lumpsum investments by 4x in 7 years. Do you own any in your portfolio?
Nischal Shetty, founder, WazirX: Bitcoin recovered above the $60,000 mark as investors responded positively to expectations of a more accommodative monetary policy, while Ethereum ETFs recorded fresh inflows, signalling renewed institutional interest.
Vikram Subburaj, CEO, Giottus: The recovery above $60,000 has helped stabilise market sentiment. This follows this week's decline towards $58,000. However, it is still not enough to confirm a durable trend reversal.
Akshat Siddhant, Lead quant analyst, Mudrex: On-chain data shows Bitcoin exchange inflows have climbed above 50,000 BTC per day, along with Ethereum exchange inflows exceeding 1.25 million ETH. Historically, such spikes in exchange deposits have often been followed by increased volatility, including June’s decline to $58,000.
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
If you have any mutual fund queries, message on ET Mutual Funds on Facebook/Twitter. We will get it answered by our panel of experts. Do share your questions on [email protected] alongwith your age, risk profile, and twitter handle
After weeks of heavy selling pressure, XRP price has finally shown signs of a possible recovery, jumping 4% over the past 24 hours to around $1.10. Now, popular crypto analyst Ali Martinez says a key technical indicator has flashed its first buy signal since mid-June.
The last time this signal appeared, XRP rallied about 14%, which means that the price could jump toward $1.24 if history repeats.
XRP Price Flashes Its First Buy Signal Since JuneOn the 4-hour XRP chart, Ali Martinez noted that the SuperTrend indicator has flashed a buy signal for the first time since mid-June.
According to his chart, the same indicator correctly identified the last two major corrections of 19% and 16%, making it one of XRP’s more reliable trend-reversal signals.
XRP: BUY SIGNAL
The SuperTrend indicator has just flashed a buy signal on $XRP for the first time since mid-June.
The last buy signal preceded a 14% rally.
It has also done an excellent job identifying trend reversals, catching the last two major declines of 19% and 16%. pic.twitter.com/tftPM7EaLC
— Ali Charts (@alicharts) July 2, 2026 The last time this buy signal appeared, XRP rallied around 14.2%. If history repeats, a similar move from the current $1.09 level could push the price toward $1.24.
After analyzing the chart, Martinez also noted that XRP is trying to build support around the $1.08-$1.09 zone, where buyers appear to be stepping back into the market.
Whales Are Buying While Most Traders Remain FearfulIt’s not just the indicator flashing a bullish signal. CryptoQuant data also shows whales are quietly accumulating XRP.
The All CEX Whale vs Retail Spread currently stands at 50.9%, while Binance’s reading is 44.6%, indicating that large investors are buying more aggressively even as retail traders remain cautious.
At the same time, XRP has recorded its strongest new wallet growth in three months, suggesting fresh network activity is returning alongside higher trading volume.
Meanwhile, Santiment’s MVRV data shows XRP holders are experiencing some of the deepest unrealized losses in the asset’s history. The 30-day MVRV stands at -45%, while the 365-day MVRV has fallen to -47%.
✍️ TL;DR: XRP Ledger average returns historically low, implying relief rally is probable
📊 Metrics Used: 30-Day & 365-Day MVRV
🔗 Link to chart: https://t.co/z3mjkJzILe
📉 XRP’s average trading returns are sitting at historic pain levels. Its 30-day MVRV is -45% and its… pic.twitter.com/Q5vmHrJ0Sc
— Santiment Intelligence (@SantimentData) July 2, 2026 Historically, such deeply negative MVRV readings have often marked strong long-term buying opportunities, as they reflect periods of extreme fear and heavy selling pressure.
Analyst Predicts One Final Dip Before XRP Price Rally BeginsWhile Ali Martinez sees a bullish signal, another crypto analyst, ChartNerd, believes XRP could see one more dip before the actual rally begins.
He noted that XRP remains below its important 20-week EMA near $1.35, meaning the longer-term trend has not yet turned bullish.
According to him, XRP could still revisit $1.00, $0.93, or even $0.87 before completing its correction. However, he argues that regardless of where the final bottom forms, XRP will see a potential recovery soon.
Story Ends Here
Trust with CoinPedia:CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
Investment Disclaimer:All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored and Advertisements:Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
3 July 2026 | 09:57 XRP is showing signs of potential stabilization as on-chain exhaustion meets an early technical recovery, though market participants are watching for volume confirmation at overhead resistance levels.
Key Takeaways XRP is currently trading near $1.10. Santiment reports record lows in 30-day and 365-day MVRV ratios. The price has pushed back above the 50-period and 100-period SMAs on the 4h chart. Still under all SMAs on the daily chart. XRP is showing signs of potential stabilization as on-chain exhaustion meets an early technical recovery, though market participants are watching for volume confirmation at overhead resistance levels.
Current Market Context On-chain data from Santiment indicates that both short-term and long-term holder cohorts currently hold significant unrealized losses, with 30-day and 365-day MVRV ratios at approximately -45% and -47%. The MVRV (Market Value to Realized Value) ratio serves as a critical thermometer for market sentiment; it essentially compares the current market price to the “average cost basis” of all tokens in circulation. When these figures plummet into negative double digits, it historically signals that speculative “froth” may have been removed, potentially leaving only long-term conviction holders in the market.
XRP Ledger MVRV buy zone. These levels represent extreme realized-value stress when measured against XRP’s 12-year history. Such positioning often precedes a contrarian reaction, as the majority of forced selling may have been absorbed by the market. Price action on the 4-hour chart reflects this potential shift. XRP recently reclaimed the 50-period SMA at $1.0563 and is currently testing the 100-period SMA at $1.0991. This development signals a technical recovery from the $1.035 base formed in late June.
XRP 4-hour technical chart. Convergence and Constraints The on-chain extremes and the recent technical reclaim point in a similar direction. The Relative Strength Index (RSI) is currently at 64.36, rising above the 55.19 signal line, which correlates with the recent momentum shift. However, as the RSI nears the overbought threshold, the current move may be reaching a point of maturity.
Caution remains appropriate for those assessing the strength of this bounce. In professional technical analysis, volume is the “fuel” that validates price movement. The current advance into the 100-period SMA is occurring on lighter volume than the surge seen on July 2. When price rises without a corresponding increase in volume, it may suggest that the move lacks the institutional conviction required for a sustained breakout, often signaling that the rally could be vulnerable to profit-taking.
Key Levels to Monitor Immediate Pivot ($1.0991): The 100-period SMA serves as the immediate threshold. Price holding above this level could keep the relief-rally scenario intact. Overhead Resistance ($1.1388): The 200-period SMA represents the next primary hurdle. Clearing this level may be required to transition from a relief bounce to a broader trend change. Support Floor ($1.0563): A slip back under the 50-period SMA could undercut the current setup, regardless of how stretched the MVRV metrics appear. The convergence of oversold on-chain positioning and an early technical reclaim on the 4-hour chart provides a constructive signal for a potential relief rally. However, it is essential to view this through the lens of the higher timeframe. While the 4-hour chart shows momentum shifting, the 1-day timeframe presents a starkly different reality: price remains firmly below the 50-day SMA ($1.2075), 100-day SMA ($1.2978), and 200-day SMA ($1.4861). These daily moving averages remain stacked in a bearish order, sloping downward and reinforcing a macro downtrend that has been intact since February.
XRP 1-day technical chart. Previous attempts to flip this trend have stalled against these same descending averages. The current price action at $1.10 sits within a falling channel, structurally mirroring earlier failed relief efforts. Furthermore, while the daily RSI is recovering, it remains near 45.88 and has yet to reclaim the 50 midline. Given this, the current move may still be characterized as a counter-trend bounce within a larger bearish structure rather than a confirmed reversal.
Confirmation of sustained buying interest, specifically a reclaim of the 50-day SMA at $1.2075, could be necessary before a more significant trend change is established. Until then, the burden of proof remains on the bulls, as the base case continues to favor a relief rally that may be vulnerable to the same overhead resistance that absorbed prior attempts earlier this year.
This article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments involve high risk. Consult a professional before making any investment decisions.
Author
Kosta has reported on cryptocurrency markets and blockchain infrastructure since 2020, bringing over six years of hands-on experience in the crypto industry built through daily tracking of markets, trends, and emerging blockchain developments. Specializing in Bitcoin on-chain analysis, institutional ETF flows, and digital asset price action, his work at Coindoo has been cited by other news agencies and consistently covers market developments with a focus on data-driven reporting across Bitcoin, Ethereum, Solana, and XRP. Over the years, Kosta has contributed to multiple crypto media outlets in different regions, authoring over 6,000 articles across the sector. His reporting spans cryptocurrency markets and the broader fintech industry, tracking not only price action but also the technological and regulatory forces shaping the ecosystem. To support his analysis, Kosta actively leverages on-chain data and metrics from leading platforms such as Santiment, Glassnode, and CryptoQuant, enabling deeper, evidence-based market insights. He believes in the power of transparency and the data that underpins the blockchain ecosystem. His academic background in Marketing Management from Denmark further complements his analytical approach, adding a strong understanding of communication strategy and content positioning to his work.
Capital movements within the blockchain very often precede the price dynamics visible on trading terminals. While the crypto market is going through a phase of uncertainty and successive corrections, a major divergence is emerging on the Ripple network. This phenomenon of complete disconnection between different categories of investors raises questions about the medium-term trajectory of the token. Far from the emotional reactions that often characterize the general public, on-chain data reveals large-scale institutional activity of rare intensity. Understanding this strategic positioning is crucial to anticipate the structure of upcoming market cycles.
In Brief Whales take advantage of the XRP drop to quietly strengthen their positions, while many retail investors succumb to panic. On-chain data shows growing concentration of XRP reserves in the hands of large holders, accompanied by a sharp increase in withdrawals from exchanges. This accumulation strategy could reduce the available supply on the market and encourage a rebound in XRP, even though such concentration also increases volatility risks. The Opportunism of XRP Whales : The Market Rift The behavior of retail investors facing the recent fluctuations of XRP perfectly illustrates the psychological mechanisms governing market turning points. According to recent data, the drop of Ripple’s crypto has intensified to reach a local bottom, profoundly altering the distribution of forces at play :
The decline of XRP’s price down to the threshold of $1.04 “may have triggered fear among smaller traders, but large investors saw this as a buying opportunity,” according to market analyst Xaif Crypto ; The altcoin initiated a technical rebound to settle at $1.06 ; The underlying blockchain activity indicates growing accumulation by whales rather than a true wave of widespread selling. This configuration reveals a massive value transfer from the less capitalized wallets to the most influential entities in the ecosystem. In behavioral finance, these periods of strong correction are called capitulation phases for the general public, which tends to sell at a loss triggered by anxiety. Historic whales, drawing on their experience of previous cycles, precisely exploit these moments of collective panic to build or reinforce their positions at heavily discounted prices.
The history of global financial markets, and more specifically cryptos, shows that these phases of discreet accumulation, conducted away from public view, very often precede a sustained trend reversal as soon as the retail selling pressure is completely exhausted.
Control Over Centralized Platforms and the Explosion of Outflows Beyond a simple assessment of buying dynamics, on-chain analysis tools reveal a structural change in XRP distribution on the main global exchanges. A technical indicator proves particularly revealing of this trend: “the All CEX whale spread,” which measures the holding gap between investor categories on centralized platforms. This indicator has risen to 50.9%, indicating factually that whales now control a significantly larger share of XRP reserves held on exchanges.
This phenomenon is not limited to a single platform, as Binance is also approaching the critical threshold of 50% dominance by whales, confirming that large holders continuously increase their influence over the liquidity available on the world’s largest exchanges.
Such supply concentration is accompanied by another major trend: a spectacular increase in token withdrawals to external custody solutions. Data from the Coinbase platform show that outflows initiated by very large wallets have accelerated sharply. Transfers involving volumes greater than 1 million XRP have jumped, rising from 10% to 25.7% of the total activity on this exchange within just two weeks.
Thus, these waves of massive withdrawals constitute fundamentally bullish signals. They indicate that these large-scale investors choose to secure their assets in private wallets for long-term holding rather than leaving them on exchanges where they might be liquidated at the slightest market disturbance.
Between Historic Seasonality and Risks of Supply Centralization To complete this analysis of the XRP ecosystem, it is important to consider a temporal dimension specific to the crypto’s history. Market cycles often follow recurring seasonal trends that overlay the movements of large investors. Historically, the month of July has established itself as one of the most favorable periods for XRP.
This historic seasonal strength triggers many speculations among observers, who believe that this favorable calendar could opportunely align with the current wave of accumulation by whales. While past data do not guarantee future performance, they provide a framework frequently integrated by fund managers into their predictive models to anticipate the end of latent consolidation phases.
The impact of these coordinated moves could redefine the balance of supply and demand in the coming weeks, opening the way to contrasting market prospects. By appropriating a predominant share of liquidity and moving these tokens off the circuit, whales are causing a progressive drying up of the available supply.
In the short term, if this accumulation phase continues and the general sentiment of the crypto market improves, even a slight return of demand from retail buyers could cause a rapid price appreciation, amplified by the scarcity of tokens available for sale on exchanges.
However, such volume concentration in the hands of a small circle of actors also carries risks of manipulation or increased volatility, as the future decisions of these few large holders will have a disproportionate influence on the price of XRP.
Maximize your Cointribune experience with our "Read to Earn" program! For every article you read, earn points and access exclusive rewards. Sign up now and start earning benefits.
Join the program
A
A
Lien copié
Luc Jose A.
Diplômé de Sciences Po Toulouse et titulaire d'une certification consultant blockchain délivrée par Alyra, j'ai rejoint l'aventure Cointribune en 2019. Convaincu du potentiel de la blockchain pour transformer de nombreux secteurs de l'économie, j'ai pris l'engagement de sensibiliser et d'informer le grand public sur cet écosystème en constante évolution. Mon objectif est de permettre à chacun de mieux comprendre la blockchain et de saisir les opportunités qu'elle offre. Je m'efforce chaque jour de fournir une analyse objective de l'actualité, de décrypter les tendances du marché, de relayer les dernières innovations technologiques et de mettre en perspective les enjeux économiques et sociétaux de cette révolution en marche.
DISCLAIMER
The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.
The cryptocurrency market saw sharp price movements over the past 24 hours, with XRP at center stage. A rapid upward breakout in XRP led to major liquidations among leveraged traders who had positioned for a decline. According to data from CoinGlass, forced closures of margin positions across the market exceeded $634 million within the same period.
Short positions faced heavy pressureRoughly 73% of total losses came from short positions, highlighting how many investors betting against the market were caught off guard by the sudden rally. For XRP, the imbalance was even greater: about 80.6% of all liquidations in the token were on short trades, reflecting the heightened vulnerability among those who predicted further downside.
The latest rally in XRP followed a relatively calm period between $1.02 and $1.06, placing significant stress on bearish leveraged trades.
After trading sideways in the $1.02 to $1.06 range, XRP broke through resistance at $1.0525 and surged to $1.0829. This sharp move triggered a series of stop-loss orders positioned at key intermediate levels, intensifying liquidations for those on the wrong side of the trade.
$1.30953 emerges as a critical thresholdDespite recent volatility, the area of greatest selling pressure for major XRP holders remains higher up. On-chain data reveals that $5.79 million in capital is concentrated around the $1.30953 mark. The current price still sits 20.93% below this pivotal resistance level, indicating substantial room for further upward tests if momentum persists.
CoinGlass has established itself as a key analytics platform for monitoring liquidations and open interest trends in cryptocurrency derivatives markets, making it a reliable reference for the latest market dynamics.
Short-term pullback and support test in focusFrom a technical perspective, XRP’s move above $1.0525 paved the way for the most recent upswing. However, overbought signals have started to emerge, suggesting that the pace of gains may be slowing in the near term. Analysts point out that this may temporarily cool further advances as the market digests the move.
Following the first wave of liquidations, the market is expected to seek short-term equilibrium, with XRP likely to retest its former resistance as new support.
Looking ahead, a moderate pullback towards the $1.065 level appears likely in the coming hours. Maintaining this support could provide buyers with a stronger foundation for potential medium-term moves toward the $1.30953 resistance zone.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Ripple’s US dollar-pegged stablecoin RLUSD has made a significant shift towards the XRP Ledger network in recent months. On-chain data reveal that RLUSD circulation on XRP Ledger soared 40-fold over the past six months. This dramatic increase has pushed the XRP Ledger’s share of RLUSD supply past the halfway mark for the first time ever.
Major shift in supply distributionUntil recently, the majority of RLUSD’s supply was hosted on the Ethereum network. In April, only 17% of the total circulating RLUSD supply was on XRP Ledger, with the bulk held on Ethereum. The situation has reversed in the last few months, with XRP Ledger’s share rising to 52% of total supply.
With the XRP Ledger surpassing 52% share of RLUSD supply for the first time, and a 40-fold increase in network circulation within six months, the balance of RLUSD distribution has shifted decisively.
This shift means the XRP Ledger has achieved a majority share of RLUSD supply for the first time. As a result, what was once an Ethereum-dominated distribution is now leaning more heavily toward Ripple’s own ecosystem. The data highlight accelerating RLUSD usage on XRP Ledger.
Ripple’s role in the stablecoin landscapeRecently, Ripple joined a coalition of more than 140 members—including major finance and technology companies like Mastercard and BlackRock—to support an emerging stablecoin initiative. The group aims to promote Open USD, a new stablecoin pegged to the US dollar, as a common and efficient instrument for global payments.
Ripple’s participation in this initiative stands out, particularly given its own regulated RLUSD product. For Ripple, joining this coalition signals a strategic push to remain at the center of global liquidity flows. At the same time, the introduction of Open USD could reshape the competitive landscape for RLUSD.
Mini glossary: Open USD is a new stablecoin backed by multiple major companies and pegged to the US dollar. Stablecoins are digital assets that typically maintain a fixed value by tying themselves to a fiat currency.
Competition intensifies in the stablecoin marketThe movement of RLUSD onto XRP Ledger is being tracked as an important sign of network adoption within the Ripple ecosystem. The rapid jump in local supply share from 17% to 52% reflects a significant shift in network preference for RLUSD holders.
However, competition in the stablecoin market remains fierce. According to CoinGecko data, Tether retains its position as the largest stablecoin, with a market capitalization of $184 billion. Whether RLUSD can sustain its growth and how it will compete with new projects like Open USD will become clearer in the coming period.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
The launch of the Ripple-backed Open USD (OUSD) stablecoin has been overshadowed by a suspected fake issuer account that XRP Ledger validators have warned users not to trust.
Summary
XRP Ledger validators have warned users about a suspected fake OUSD issuer posing as the newly launched stablecoin. Validator Vet said the issuer lacks the official two-way verification needed to confirm its legitimacy. The warning follows Open USD’s launch by a consortium backed by Ripple, BlackRock, Visa, Coinbase, and more than 140 companies. Validators say the listed OUSD issuer cannot be verified According to XRP Ledger validator operator GrimmReaper, a transaction-monitoring tool connected to his validator recently detected a newly activated issuer using the “Open Standard” name on the XRP Ledger, prompting him to investigate whether it was linked to the newly launched OUSD stablecoin.
GrimmReaper shared a screenshot from Bithomp showing the account, which included the website joinopenstandard.netlify.app and a recently activated XRP Ledger address.
We might have our answer about OUSD being on the xrpl if this is legit. What do you guys think @krippenreiter and @Vet_X0 ? I have an app that watched my transactions coming into my validator and made it very able to watch for any issuer for a token name so this came up today. pic.twitter.com/tdxgl6KHsq
— GrimmReaper (@jgrimm5) July 2, 2026 Posting the image on X, he asked fellow XRPL validators Krippenreiter and Vet whether the issuer appeared legitimate. He later explained that his monitoring software tracks incoming validator transactions and automatically flags newly created token issuers using specific names.
The account also displayed advertisements such as “Earn 12% on XRP” and “Play Slots and win 70,000 XRP.” While those ads are not issued by the account itself, they appeared alongside the Bithomp page shown in GrimmReaper’s screenshot and were highlighted as common themes frequently associated with cryptocurrency scams.
Responding to the post, XRPL dUNL validator Vet urged users to assume the issuer was fraudulent until official confirmation was provided by the Open USD project.
According to Vet, a legitimate token issuer should provide what he described as a “2 way pointer,” where the issuer address links to the project’s official website and the project independently publishes the same issuer address. Vet said those verification steps were absent in this case, adding that users should not trust any issuer without confirmation from both sides.
The warning comes as the XRP Ledger community is already discussing issues reported after the rollout of the network’s v3.2.0 upgrade, with validators continuing to monitor suspicious activity across the ecosystem.
OUSD enters a competitive stablecoin market Open Standard officially launched the OUSD stablecoin on June 30, introducing a revenue-sharing model backed by more than 140 companies. The consortium includes Ripple, Visa, Mastercard, BNY, Standard Chartered, BlackRock, Google, Shopify, Coinbase and Solana.
According to the consortium, OUSD allows businesses to mint and redeem the stablecoin without fees or minimum volume requirements. It also plans to distribute reserve-generated income to participating partners after deducting a management fee, while governance responsibilities will be shared across consortium members.
Ripple’s participation as a founding member has drawn attention from the XRP community, making the project a high-profile target for impersonation attempts shortly after launch.
The stablecoin’s debut has also influenced financial markets. Circle Internet Group shares fell more than 17% on July 1 after investors reacted to the launch of OUSD and its revenue-sharing model, which introduces another institutional-focused competitor in the stablecoin sector.
Circle Chief Executive Officer Jeremy Allaire dismissed suggestions that OUSD poses a major threat to USDC, saying the stablecoin market is large enough to support multiple successful issuers. Still, the decline in Circle’s share price indicated that investors are closely watching how new distribution and revenue-sharing structures could affect competition as stablecoin adoption continues to expand.
While the price of $XRP remains in a period of sideways consolidation, market commentators believe that a breakout above a critical resistance level could further strengthen its bullish momentum. On the institutional side, consistent inflows into XRP-focused exchange-traded products signal that investor interest remains resilient, even as the broader crypto market faces continued weakness.
A technical turning point in XRP price actionAt the time of writing, XRP was trading at $1.05. The asset recorded a 24-hour trading volume of $1.6 billion and a total market capitalization of $65.72 billion. The 1.25% gain observed in the past day has revived expectations among technical analysts for a possible recovery in price.
Crypto analyst EGRAG CRYPTO pointed out that XRP entered July below its 50-month simple moving average, a scenario reminiscent of previous market cycles. EGRAG CRYPTO, well-known for technical chart commentary and boasting a broad social media following, notes that this similarity is fueling speculation about possible trend shifts.
According to market participants, $1.65 serves as the main macro resistance for XRP. Should this level be breached, analysts believe it could trigger a fresh rally phase.
Analysts recall that, in each of the previous two cycles, XRP formed a bottom near the 88-month simple moving average before staging strong upward moves. As a result, traders are closely watching whether the price will retest the 88-month average or quickly reclaim the 50-month level this time around.
Discussions consistently highlight $1.65 as the key macro barrier. Sustained trading above this threshold could further fuel expectations for targets around $7.50 and even higher. For now, however, XRP continues to move within a zone of macro compression, with a clear breakout seen as essential for establishing a definitive direction.
ETF inflows sustain institutional demandOn the institutional front, capital continues to pour into XRP-based exchange-traded funds. Despite prevailing selling pressure across the cryptocurrency market, new funds are consistently entering these backing products. This trend suggests that some major players are holding on to their positions in XRP, undeterred by short-term volatility.
The Bitwise XRP ETF has attracted an impressive $11.94 million in fresh daily inflows, ranking as the top performer in this category. Since its launch in November, the fund’s total net inflow has crossed $505 million—an indicator of robust and growing institutional involvement.
Quick definition: An ETF is an investment tool that tracks the price of an asset or basket of assets and can be traded on an exchange. Crypto-focused ETFs let investors gain price exposure to an asset without directly holding the tokens.
IndicatorValueXRP price$1.0524-hour change1.25% increase24-hour volume$1.6 billionMarket cap$65.72 billionBitwise XRP ETF daily inflow$11.94 millionBitwise XRP ETF total net inflowOver $505 millionBitwise’s $11.94 million inflow into its XRP ETF underscores ongoing institutional demand despite overall market sluggishness.
Wider market trends ripple into XRPWhen considering XRP’s technical outlook in tandem with consistent ETF growth, many market participants believe the case for a bullish trend is gaining strength. Recent mild gains in Bitcoin, for example, have boosted risk appetite not only across the altcoin market but also for investors focused on XRP.
Analysts emphasize, however, that these bullish targets remain market expectations rather than guarantees. The $1.65 resistance area is set to remain pivotal in determining the cryptocurrency’s near-term direction.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Every crypto market cycle creates the same debate. Should investors continue buying established altcoins with proven track records, or look at earlier-stage projects that still have room to grow before reaching major exchanges? The answer often depends on investment goals rather than choosing one category over the other.
In 2026, that comparison has become even more relevant. Ethereum, Solana, XRP, and Cardano continue defending important support levels while waiting for stronger market momentum.
At the same time, AI-powered presales like MemeToro ($MT) are attracting investors looking for exposure to blockchain projects still in their early stages of development.
Established Altcoins Continue Facing Market Pressure Several of the market’s biggest cryptocurrencies remain under pressure despite continued ecosystem growth.
Ethereum entered July trading near $1,570, completing its first-ever stretch of three consecutive negative quarters. Although developers continue building across its ecosystem, price recovery has been slower than many investors expected.
Solana has experienced a similar story.
The network continues processing strong blockchain activity, but SOL remains approximately 54% below its January high of $150, trading around the $75 level while attempting to stabilize after months of correction.
Cardano also continues struggling to reverse its broader trend.
The token remains below both its 50-day and 200-day exponential moving averages, highlighting how difficult it has been for buyers to regain sustained momentum.
These projects remain among crypto’s most established ecosystems, but near-term price action has reflected the cautious mood affecting the wider market.
XRP Continues Waiting for Its Next Catalyst XRP remains one of the most closely watched large-cap cryptocurrencies.
The token is currently trading near $1.05, holding above an important support zone between $1.00 and $1.06. Analysts continue warning that losing this range could expose XRP to a deeper correction toward $0.80.
Regulatory uncertainty has also slowed momentum.
Expectations surrounding the CLARITY Act have been pushed further into the second half of the year, delaying one of the catalysts many investors had been anticipating.
Meanwhile, newly launched spot XRP ETFs recorded their first period of net outflows at the end of the second quarter, reflecting broader institutional caution across the digital asset market.
Despite these challenges, XRP continues maintaining one of the largest communities in crypto.
MemeToro Is Following a Different Path Unlike established cryptocurrencies already trading on major exchanges, MemeToro ($MT) remains focused on ecosystem development before public trading begins.
The platform combines artificial intelligence with several blockchain products rather than concentrating on one use case.
Its AI Agent continuously analyzes market narratives, social conversations, online trends, and cultural developments before autonomously supporting fair no-code memecoin launches.
The ecosystem extends beyond AI automation.
Users can participate in decentralized prediction markets covering cryptocurrencies, politics, sports, entertainment, and global events using $MT and BNB. SocialFi participation, behavioral finance tools, and staking rewards of up to 35% APR provide additional utility throughout the platform.
Instead of relying solely on market speculation, MemeToro is building multiple products before exchange listings arrive.
Different Risk Profiles Appeal to Different Investors Comparing established cryptocurrencies with early-stage presales is not simply a question of potential returns.
Ethereum, Solana, XRP, and Cardano already have mature ecosystems, large communities, and established trading markets. Their future growth depends largely on continued adoption, improving market sentiment, and broader macroeconomic conditions.
Crypto analyst Michaël van de Poppe recently suggested that bearish sentiment across major assets has reached levels often associated with long-term accumulation phases before stronger recoveries emerge.
Presales operate differently. Projects like MemeToro are still completing roadmap milestones, meaning investors evaluate development progress alongside future market potential rather than existing trading history.
For many portfolios, both approaches can complement one another.
MemeToro Presale Update: Stage 3 Presale Moving Steady The MemeToro Stage 3 presale has reached 35% of its target, having raised $46,284.54 of the allocation’s $80,644.11 goal. Upon completion of this round, the $MT token price will transition from the current rate of $0.00154 to the Stage 4 rate of $0.00171.
Operating on the BNB Chain, the MemeToro platform integrates four core functionalities under a single ecosystem:
An AI agent that creates memecoins based on live trending data. Prediction markets for wagering on real-world events. An online casino that utilizes $MT tokens natively. A staking system offering up to 35% APR. The $MT token has a fixed total supply of 1.2 billion, with 71% assigned to the presale with no vesting restrictions. The platform currently accepts payments via credit/debit card, ETH, BNB, USDT, and USDC at memetoro.com.
More Information on MemeToro ($MT) Presale Here:
Website: https://memetoro.com/
X: https://x.com/memetoro_mt
Telegram: https://t.me/memetoro_mt
Follow our Telegram and Twitter account now for exclusive news, analytics and on-chain data!
Chris Larsen, Ripple Labs’ co-founder and chairman, has been named among the investors backing a financial startup founded by the son of US Senator Kirsten Gillibrand. The disclosure comes at a pivotal moment, as the Senate continues its deliberations over the CLARITY Act, a bill that could significantly reshape the regulatory landscape for the entire US crypto sector.
Derivatives platform takes center stage in investmentAccording to a Thursday report from Politico, Larsen is one of a handful of investors who provided funding to American Perpetuals Exchange Corp. (APEC), a company founded by Theodore Gillibrand. While the report does not specify Larsen’s exact contribution, it notes that most investors in the derivatives platform committed between $5,000 and $10,000 each, with APEC raising a total of $30 million to date.
American Perpetuals Exchange Corp, or APEC, aims to establish itself as a player in the field of financial derivatives. Derivatives allow investors to take positions based on the projected price movements of an underlying asset, using contracts rather than actually holding the asset itself.
Mini glossary: Perpetuals are derivatives contracts that do not have a set expiration date. These instruments are especially popular among crypto traders looking to take short-term positions on price movements.
Ethics become main focus in CLARITY Act discussionsThe timing of Larsen’s investment has sparked additional interest because Senator Kirsten Gillibrand is directly involved in negotiating the ethical framework of the Digital Asset Market Structure and Investor Protection Act, widely known as the CLARITY Act. The outcome of these ethics debates is expected to have far-reaching consequences for US-based crypto firms, Ripple included.
In May, Senator Gillibrand stated that no senator would support the bill unless its ethical issues were fully addressed.
According to a spokesperson for Senator Gillibrand, referencing a statement dated June 18, the senator’s son is an independent adult who founded his own business and that Gillibrand herself has no involvement with APEC. Representatives for the company were not available for immediate comment on the matter.
Tight Senate calendar narrows legislative windowDemocratic senators are pushing for the inclusion of stronger ethical provisions in the CLARITY Act, and they want Republican lawmakers—who currently hold the majority in Congress—to support these additions. Among the reasons cited for these requests is former President Donald Trump’s known connections to the cryptocurrency sector. Meanwhile, Republicans anticipate that the bill could pass the Senate in July.
Senator Cynthia Lummis of Wyoming said in June that ongoing negotiations have focused on ethics rules, decentralized finance, and measures to combat illicit activity. However, with Republicans holding only a slim Senate majority, passing the bill will require support from Democrats to cross the critical 60-vote threshold.
The US Senate is currently in recess for Independence Day, with lawmakers set to reconvene on July 13. A further month-long break is planned for August, meaning there is only a narrow window to pass regulations impacting the crypto market structure before the legislative agenda is further delayed by the election season.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
This is not just another ticker-level move. It points to a deeper shift in how capital, infrastructure, or regulation is moving through crypto. XRP Price Faces Stubborn $1.07 Barrier After Repeated June Rejections gives NewsBTC readers a clean angle on XRP Price at a point where the market is trying to separate durable signals from short-lived noise.
According to the source material reviewed for this report, the story turns on a few concrete details rather than vague sentiment. That matters because crypto headlines can move quickly, but the pieces that tend to last are the ones backed by filings, official releases, data dashboards, or protocol-level records.
TL;DR
XRP price has bounced back toward the key resistance level of $1.07. This resistance zone rejected multiple bullish breakout attempts throughout June 2026. Trading volume remains average, leaving the breakout path dependent on broader market momentum. Why This Matters Now The immediate relevance is that this development fits into one of the market’s main themes for the day: institutional positioning, network usage, regulatory pressure, protocol development, or asset-specific rotation. In this case, the key topic is XRP Price, which is why it deserves a dedicated read rather than being buried inside a broader market recap.
For traders, the useful part is not simply that the headline exists. It is the way the facts line up with the current market backdrop. When official sources, market data, or protocol records show a fresh shift, readers get a better sense of whether the move is just a one-day reaction or part of something more structural.
The Details Behind The Move The core source for this story is tradingview.com with supporting data from tradingview.com. That source trail is important because the final article should not rely on discovery-only media links or second-hand summaries.
XRP price has bounced back toward the key resistance level of $1.07.
This resistance zone rejected multiple bullish breakout attempts throughout June 2026.
Trading volume remains average, leaving the breakout path dependent on broader market momentum.
The numerical claims in the pack were tied back to specific source material before writing. '$1.07' sourced from TradingView spot market exchange feed (June/July 2026 resistance)
What Traders And Investors Should Watch The caution is just as important as the headline. Do not guarantee a breakout; present the level as a key historical hurdle.
That means the cleaner read is to treat this as a confirmed development with a defined scope, not as proof of a guaranteed price move or a sweeping market shift. In crypto, the difference matters. A verified data point can strengthen a thesis, but it does not remove execution risk, liquidity risk, regulatory uncertainty, or the possibility that traders fade the initial reaction.
For now, the story gives the market another piece of evidence to weigh. If follow-up filings, dashboard updates, protocol records, or official statements confirm further momentum, the angle can develop into something larger. If not, it still stands as a useful snapshot of where activity is concentrating today.
This report is based on information from tradingview.com and tradingview.com.
This article was written by the News Desk and edited by Samuel Rae.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
XRP is at risk of tumbling under $0.90, one analyst claimed.
Ripple’s cross-border token has enjoyed robust institutional demand, standing in stark contrast to spot BTC and ETH ETFs, which have been suffering heavy outflows lately.
However, that trend appears to have reversed over the past few days, putting XRP at risk of falling below the psychological $1 barrier.
First Time Since March It was last November that Canary Capital launched the first spot XRP ETF in the US, with 100% exposure to the asset. Bitwise, Franklin Templeton, 21Shares, and Grayscale then followed suit, and since day 1, these products have generated a cumulative total net inflow of almost $1.5 billion.
Interest in the ETFs has remained solid even during the bear market that ultimately impacted Ripple’s native token. In the past two days, though, outflows have exceeded inflows, marking the first pair of consecutive days since March.
Spot XRP ETFs, Source: SoSoValue This development suggests that pension funds, hedge funds, and other conservative investors have reduced their exposure to XRP, prompting issuers of these products to sell holdings and further putting downward pressure on the token.
A few days ago, the asset’s price fell to nearly $1, and many feared that the bears would gain full control and suppress it below that crucial zone for the first time since late 2024. The bulls, though, stepped in and reclaimed some of the lost ground, and currently XRP trades at around $1.11 (per CoinGecko).
X user Diana remains cautious and predicted a potential downfall to as low as $0.87 if the asset breaks under $1.08 again. On the other hand, staying above that zone could pave the way for an increase to $1,30, she added.
You may also like: Is XRP Ready for a Reversal? Wallets Surge as FOMO Hits 3-Month Peak Crypto Analyst Challenges Ripple’s CEO Take on Strategy: ‘Two Giants, Same Model’ XRP Whales Are Moving On, and Binance Is No Longer Their Top Choice The Bullish Signals Despite recent ETF outflows, some factors suggest an upcoming upswing is more likely. The amount of XRP stored on Binance, for instance, recently dropped to a four-month low, resulting in reduced selling pressure.
XRP Reserve on Binance, Source: CryptoQuant Meanwhile, the popular analyst Ali Martinez revealed that the Tom DeMark (TD) Sequential Indicator (on a monthly scale) has flashed a buy signal on XRP (as well as other cryptocurrencies, including BTC, ETH, and SOL).
“On high-timeframe charts like the monthly, these trend-exhaustion setups carry significant weight. Historically, when multiple assets lock in concurrent monthly buy signals, it indicates seller fatigue and a high probability of a long-term market bottom,” he explained.
Short-term traders and long-term holders of XRP are now deeper underwater than at any time in the token’s roughly 12-year trading history. According to the Santiment update, XRP’s 30-day Market Value to Realized Value (MVRV) has dropped to -45% and the 365-day MVRV stands at -47%. When both timeframes are combined, the average returns are the lowest XRP has ever recorded.
MVRV measures the unrealized profit or loss of holders by comparing the current market price to the average price at which coins last moved. Negative readings signal that a large portion of the market is in a loss position. At these levels, the data indicates capitulation-like conditions where fear and frustration dominate on-chain behavior. Santiment noted that such extreme distress has historically marked low-risk entry zones for contrarian positions, even if price can dip further in the short term.
Risk-Reward Flips as Maximum Pain Sets In The 30-day and 365-day MVRV metrics both deep in the red suggest that downside absorption has been extensive. Traders who bought in the last month are sitting on average losses of 45%, while those who entered over the past year are down 47%. The synchronized pain across cohorts often emerges near local bottoms. Santiment’s historical data suggests that the best risk-reward setups tend to appear when crowd sentiment and on-chain metrics signal maximum pain rather than confidence.
This does not guarantee an immediate bounce. The broader crypto market remains under pressure from regulatory headwinds, with banks pushing to derail a landmark crypto bill just days before a Senate vote. Such macro uncertainty can keep risk assets like XRP under water for longer. Still, from a statistical standpoint, the depth of unrealized losses makes further steep declines in XRP less probable without a final washout first.
What Remains Uncertain One risk is that MVRV can stay negative for extended periods if fresh selling emerges. The Santiment note acknowledges that price “can dip a bit more if crypto markets keep struggling.” Extreme negative MVRV is a necessary but not sufficient condition for a reversal. The timing of any relief rally depends on a shift in market structure—shorts getting squeezed, exchange outflows, or a spark from a catalyst that reverses sentiment.
For now, the data tells one clear story: the average XRP holder is nursing historic losses, and historically, that kind of pain has preceded sharp recoveries. The question is whether the macro picture will cooperate this time around.
AUTHOR
Max delves deep into the cryptocurrency realm, with a passion for altcoins and NFTs. Convinced of crypto's transformative potential, he envisions a decentralized financial future. Max's background in the financial sector grants him unique insights into global monetary systems. In his leisure, Max embraces the thrill of adventures and is an avid sports enthusiast, finding balance and rejuvenation away from work.
Cover image via depositphotos.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
Shiba Inu remains under heavy pressure despite showing some signs of stabilization near local lows. After losing a number of significant support levels during the overall market decline, the asset is currently trading at $0.0000043. The 50-day, 100-day, and 200-day trend lines on the chart continue to point downward, indicating that bears are still in control of the market. SHIB is clearly below all major moving averages.
The recent rebound from June lows has been modest at best. Another rejection and continuation lower resulted from SHIB's short-lived formation of a small ascending structure that was unable to maintain momentum.
SHIB/USDT Chart by TradingViewPositively, the RSI is trying to form a higher low after recovering from extremely oversold territory, indicating that selling pressure is progressively lessening. The first significant obstacle for bulls is still the $0.0000046 region, which is followed by more robust resistance close to $0.0000050-$0.0000055, where a number of moving averages converge.
HOT Stories
A breakout above those levels could trigger a more meaningful recovery. Any upward movement should be seen as a relief rally within a broader downtrend, though, as long as SHIB stays below them.
Should XRP Rival SHIB?Technically, XRP is outperforming SHIB by a small margin. The asset has held above the psychologically significant $1 level after a protracted decline, and it has recently recovered toward $1.09. XRP is still trading below the 100-day and 200-day trend indicators, but the recovery has forced it back toward its short-term moving average.
The completed breakdown from a multi-month consolidation range is the chart's most prominent feature. That breakdown accelerated selling pressure throughout June, but XRP appears to be attempting to establish a local bottom above the $1 support zone.
You Might Also Like
Momentum is improving, as seen by the RSI's recovery toward neutral territory. If buyers keep things under control, XRP may face resistance at $1.12 and then $1.21, which is where the 100-day moving average is currently located. The asset's outlook would be greatly enhanced by a successful move above those levels.
Although XRP is still in a bearish long-term structure for the time being, it is exhibiting relative resilience in comparison to many significant altcoins. While holding above $1 is still crucial, a recovery above $1.21 would be the first clear sign of a more significant reversal.
Hyperliquid Makes HasteDespite the recent decline, Hyperliquid is still one of the market's top large-cap performers. HYPE is currently consolidating around $66 after surging to new all-time highs close to $76, returning some of its gains while preserving a strong bullish structure.
In contrast to the majority of altcoins, HYPE is still trading well above its upward-sloping 50-, 100-, and 200-day moving averages. The wider uptrend is confirmed to be intact by that alignment. The price has returned to the 50-day moving average at $63.9 as a result of the recent correction, and this is serving as the first significant dynamic support.
You Might Also Like
After spending weeks close to overbought territory, the RSI has retreated to the neutral 53 area, indicating a significant cooling of momentum. That is a healthy development rather than a bearish one, as it reduces the risk of an overheated market. Another attempt to recover the $70 level is more likely if buyers hold onto the $63–$64 support zone.
Although the long-term outlook would remain bullish unless that level also fails, losing that support would expose HYPE to a deeper correction toward the 100-day moving average near $61.5.
Synapse's Unexpected RecoveryIn just a few weeks, Synapse went from below $0.05 to above $0.50, making it one of the market's most explosive performers. The rally was propelled by multiple events that reinforced one another rather than a single catalyst. After Binance placed SYN under its Monitoring Tag, the action started as an aggressive short squeeze. As the price recovered from extremely oversold levels, heavily shorted positions were compelled to cover rather than causing capitulation.
SYN/USDT Chart by TradingViewAfter the Synapse team shifted the project's narrative from its legacy bridge business to Hypercall, an options exchange based on Hyperliquid, the rally picked up speed. There was a resurgence of speculative interest in that new direction. The last significant boost came when Arthur Hayes, a co-founder of BitMEX, revealed an OTC purchase of over six million SYN tokens for about $2.2 million.
He described this as asymmetric exposure to the Hypercall ecosystem. His support raised market awareness considerably. Technically, however, caution is warranted. SYN is trading well inside overbought territory, with an RSI close to 88. The unusually long wicks of daily candles indicate significant profit-taking and high volatility.
The price is currently trading several hundred percent above the long-term moving averages, even though they have turned bullish. This leaves ample opportunity for significant retracements. Bulls continue to have momentum as long as SYN stays above the psychological $0.50 area. But after such a vertical move, volatility should be expected, and another 20–40 percent correction would not necessarily invalidate the broader uptrend.
Bitcoin held above the $61,000 level on Thursday as investor sentiment improved following a more dovish tone from the Federal Reserve that eased pressure on risk assets.
Notable Statistics:
Coinglass data shows 131,062 traders were liquidated in the past 24 hours for $598.92 million. SoSoValue data shows net outflows of $294.6 million from spot Bitcoin ETFs on Wednesday. Spot Ethereum ETFs saw net outflows of $14.9 million. In the past 24 hours, top gainers include MemeCore, Uniswap and Lighter. Notable Developments:
Trader Notes:
Bitcoin OG Lucky noted Bitcoin is staging a strong recovery toward a key breakout level, with elevated leverage adding to market risk. Analysts say the next move could be decisive if BTC sustains its current momentum.
Trader Jelle highlighted Bitcoin bulls are defending key support, with a three-day bullish divergence helping price rebound toward the previous trading range.
Analysts say a move back above $65,000 would strengthen the near-term outlook, while gradual accumulation remains the preferred strategy.
CryptosBatman pointed out Bitcoin flashing a bullish divergence, with price making lower lows while the RSI posting higher lows. Analysts say BTC is now testing its 100-day EMA, a key technical level that could determine whether the next major move is a breakout or another rejection.
Image: Shutterstock
Market News and Data brought to you by Benzinga APIs
XRP has now closed below the 200-week moving average for the first time since the 2024 rally, confirming the overall bearish market trend.
This move comes during the ongoing downtrend that started in Q4 2025 and has now lasted for ten months. Despite the decline, past trends suggest that a drop below this major moving average after an uptrend can indicate that a possible bottom may be forming.
However, it does not necessarily mean prices will recover right away. In most cases, this phase represents a change toward stabilization, not an immediate rebound.
XRP Closes Below 200WMA Specifically, in the first week of June, XRP closed at $1.155, while the 200-week moving average stood at $1.189, confirming the breakdown.
This marked the first time XRP traded below this level and the first weekly close under it since the first week of November 2024, just before the Donald Trump-led market rally.
The 200WMA represents the average price over about four years of weekly closes, and this makes it an important long-term benchmark. When prices stay below it, it shows that most medium- and long-term holders are now holding at a loss.
Since the breakdown, XRP has now spent three weeks below the 200WMA and is heading into a fourth week. At the time of writing, XRP trades at $1.0584, while the moving average has climbed to $1.20.
The 200WMA has also flipped from dynamic support to resistance. This means that if price moves back toward it, sellers are more likely to step in, which could limit any short-term recovery attempts.
How XRP Behaved in 2022 A similar breakdown occurred during the Terra ecosystem collapse in May 2022, when XRP closed below the 200WMA in the second week of May 2022 for the first time in over a year.
After that, XRP remained below the moving average for five weeks before reaching a cycle low of $0.28 in June 2022.
Although this level marked the bottom, recovery did not happen quickly. Specifically, XRP did not begin a clear uptrend until November 2024, more than two years later.
During that time, the price oscillated above and below the 200WMA multiple times before finally breaking above it during the November 2024 rally, which confirmed a stronger trend.
XRP’s 2019 Case Before that, XRP showed a similar pattern in August 2019, when it closed below the 200WMA after an uptrend. It then stayed below the moving average for five weeks and reached a low of $0.22 in September 2019, which seemed like a bottom at the time.
However, the recovery that followed this floor price failed, and XRP dropped below the moving average again, eventually falling further to $0.11 in March 2020, about seven months after the initial breakdown.
XRP Closes Below 200WMA Nonetheless, most analysts see this as an exception because it was caused by the COVID-19 market crash, an unexpected global Black Swan event.
Meanwhile, after reaching the $0.11 bottom in March 2020, XRP eventually staged a recovery effort. The price later moved back above the 200WMA in January 2021, which led to a strong rally that pushed the asset up to $1.96 by April 2021.
Is This a Buying Opportunity? If no major external shock occurs, XRP could follow the 2022 pattern, where it formed a bottom within a few weeks after falling below the 200WMA.
However, history shows that reaching a bottom does not mean a new bull run will begin immediately. In the 2022 cycle, XRP still spent nearly two years moving around the 200WMA, struggling to stay above it before finally breaking out.
For now, even if XRP finds a bottom soon, the market may only see short-term relief rallies instead of a strong recovery. A longer period of sideways movement could come before any clear uptrend begins.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
