Should Investors Buy XRP Price Dips as XRP ETF Chances Fade?

Key Notes XRP whale activity remains strong, with 900 million XRP accumulated recently. Analysts still see potential upside if key support and resistance levels hold, with long-term targets as high as $12.60. Canary Capital CEO Steven McClurg predicts XRP ETFs could outperform Ethereum ETFs due to the yield structure. Following the rejection at $3.5 last week, XRP XRP $3.13 24h volatility: 4.7% Market cap: $185.93 B Vol. 24h: $7.86 B price has come under strong selling pressure, correcting another 4% today, and now trading at $3.14. Furthermore, with BlackRock rejecting…

Bitcoin’s Range Break Waiting Room, TOTAL Market Cap All Time High, XRP’s Range End, Alts .702 Break

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Blockchain Backer Newsletter – Blockchain Backer’s Technical Analysis Toolkit for Crypto – Blockchain Backer 702 Digital Art NFT Collection on XRP – Hi, I am the Blockchain Backer, bringing you the latest cryptocurrency news and analysis. The content of my channel primarily focuses on crypto news, motivation, and chart analysis on the XRP chart, Bitcoin chart, various Altcoin charts, and market cap charts. DISCLAIMER: I am not a financial adviser. Investing and trading is risky, and you can lose your money. The…

BNB Price Coiling for Breakout—Next Leg Higher in Sight

Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…

XRP Price Flirts With Breakdown—Bulls on the Defensive

Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…

Bitcoin Price Eases From Highs—Bounce Back on the Horizon?

Bitcoin price is correcting gains from the $122,250 zone. BTC is now consolidating and might aim for a move toward the $120,500 resistance zone. Bitcoin started a fresh increase above the $118,500 zone. The price is trading above $118,000 and the 100 hourly Simple moving average. There was a break below a key bullish trend line with support at $119,500 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might start another increase if it clears the $120,500 resistance zone. Bitcoin Price Aims Fresh Increase…

ZRO Price Soars 26% as LayerZero Unveils $110M Stargate Acquisition Plan

The crypto market kicked off the week with bullish momentum as LayerZero Foundation revealed a $110 million proposal to acquire the Stargate cross-chain bridge. This sparked a sharp rally in both LayerZero’s ZRO token and Stargate’s STG token, which surged 26% and 20% respectively in the past 24 hours. Related Reading The proposal, posted on Stargate DAO’s forum, seeks to dissolve the Stargate DAO and phase out the STG token. In its place, holders would swap each STG for 0.08634 ZRO through a fixed-rate redemption contract. This shift would make…

Story Protocol (IP) Price at Crossroads as Heritage Distilling Launches $360M IP Treasury

Key Notes Heritage Distilling became the first Nasdaq company to use IP tokens as primary reserve asset with $360M allocation. The deal includes $82M in open market purchases and $120M direct acquisition from Story Foundation at $3.40 per token. Technical analysis shows IP consolidating between $5.90-$6.94 support levels despite positive corporate adoption news. Story Protocol IP $6.21 24h volatility: 11.1% Market cap: $1.84 B Vol. 24h: $113.63 M tumbled 7.7% to $6.35 on Monday, August 11, despite positive sentiment within the broader market that saw the likes of Ethereum, Solana…

Bitcoin Price Eyes ATH With Falling Average Executed Order Size And Rising Retail Activity

Earlier today, Bitcoin (BTC) surged past $122,000 for the first time since July 13, coming close to a new all-time high (ATH) before paring some gains, trading slightly above $119,500 at the time of writing. Bitcoin Eyes New ATH With Retail-Driven Rally According to a recent CryptoQuant Quicktake post by contributor ShayanMarkets, the average executed order size in the Bitcoin futures market has declined significantly over the past few months. This suggests that the recent price rally is being driven primarily by retail investors rather than institutional players. Related Reading…

Bitcoin Price Could Hit A Small Roadblock To ATH As CME Gap Threatens Crash

The Bitcoin price has regained momentum, rising toward the $120,000 level after experiencing a short-lived pullback earlier this week. However, recent technical analysis warns that an unfilled Chicago Mercantile Exchange (CME) gap near $116,500 may act as a barrier, potentially creating the risk of a price crash as BTC makes its way toward a fresh all-time high.  Bitcoin To Face Short-Term Crash With CME Gap A new Bitcoin price analysis by crypto market expert Ted Pillows suggests that BTC could encounter another major hurdle on its path to a record…

Ethereum Price Breaks Toward $5,000, Analyst Reveals When To Sell Everything And Why

Ethereum has surged more than 20% to firmly reclaim the $4,200 price level for the first time since 2021. This interesting move has come off the back of Ethereum’s steady inch higher, and $5,000 could now be the next major psychological barrier. However, while the bullish narrative is currently dominant, a technical analysis posted by crypto trader Orbion suggests that this rally may have an expiration date. The Road To Euphoria And A Full Exit Plan Ethereum’s price action over the past week has seen it outperform many cryptocurrencies, and…