Ripple’s XRP is mirroring a technical setup from 2017 that preceded a historic rally. Analysts are watching as the cryptocurrency tests a key support level that previously triggered explosive gains. The current pattern suggests potential for another major move if resistance is overcome.
about XRP Revisits 2017 Bull Pattern: Can History Repeat?
JD
XRP at Key EMA Cross: Breakout or Bear Trap?
XRP is trading at a pivotal technical juncture as analysts debate whether current chart patterns signal an impending breakout or deeper correction. The cryptocurrency is holding above key support levels while multiple technical indicators flash conflicting signals. Traders are closely watching the $2.08 level as a decisive battleground for XRP’s next major move, with the asset currently trading at $2.06 amid mixed short-term performance.
about XRP at Key EMA Cross: Breakout or Bear Trap?XRP Forms Rare Bullish Setup Amid Market Turmoil
While the broader cryptocurrency market faces significant declines, XRP is capturing analyst attention with a rare multi-layered bullish formation. Expert Bobby A identifies key indicators aligning for potential upward momentum, including sustained market cap strength above historical resistance levels. However, not all analysts share this optimism, with JD warning of bearish divergence patterns playing out in real-time.
about XRP Forms Rare Bullish Setup Amid Market TurmoilCrypto Bounty Aims to Break Skateboarding World Record
A novel cryptocurrency project called POIDH is attempting to merge decentralized finance with physical achievement by offering a 10 million DEGEN token bounty—worth approximately $28,000—to anyone who can break the 12-year-old Guinness World Record for most skateboard kickflips in one minute. The initiative represents a growing trend of using crypto incentives to motivate real-world behavior, attracting interest from both amateur enthusiasts and professional skateboarders, including current record holder Ricky Glaser.
about Crypto Bounty Aims to Break Skateboarding World RecordAI Rally Lifts China Tech Stocks to 4-Year High
Chinese technology stocks soared to their highest level in nearly four years on Wednesday, powered by surging optimism around artificial intelligence investments. The Hang Seng Tech Index closed at its strongest point since November 2021, with Baidu leading the charge with a spectacular 16% surge while Alibaba and JD.com posted substantial gains. The rally unfolded against a backdrop of cautious global trading as investors awaited the Federal Reserve’s critical interest-rate decision.
about AI Rally Lifts China Tech Stocks to 4-Year HighXRP Whales Accumulate 130M Tokens Amid ETF Speculation
XRP is witnessing heightened whale activity, with 130 million tokens scooped up in a single day, signaling strong accumulation trends. Analysts attribute this to growing ETF speculation and XRP’s legal clarity in the U.S., which could propel prices toward $3.5-$4. Market data shows a rebound from $3.0 to $3.1, with bullish indicators like RSI and MACD crossovers hinting at a potential breakout reminiscent of 2017’s 28x surge. Experts like Shawn Marks even project a conservative $10-$15 range if JPMorgan’s XRP ETF materializes. The asset’s legitimacy and investor confidence are at multi-month highs, with wallets holding 1M+ XRP reaching an all-time peak.
about XRP Whales Accumulate 130M Tokens Amid ETF SpeculationXRP Surges 26% Weekly as Whale Moves $73.6M to Coinbase
XRP is showing strong bullish momentum, with a 26% weekly gain and a $73.6 million whale transfer to Coinbase sparking market interest. Analysts highlight a technical pattern resembling the 2017 breakout, supported by a bullish RSI crossover. The upcoming ProShares XRP futures ETF launch on July 18 is seen as a potential catalyst, with traders eyeing a breakout above $3. XRP is now just 14% below its all-time high, while trading volume remains robust at over $6.2 billion in 24 hours. Regulatory uncertainty persists, but institutional demand is expected to clarify post-ETF launch.
about XRP Surges 26% Weekly as Whale Moves $73.6M to CoinbaseXRP Poised for Historic Breakout: Analysts Predict New ATH
Prominent crypto analysts are predicting a major breakout for XRP, citing two critical technical factors: a potential upside breakout from a long-standing Falling Wedge pattern and the invalidation of the bearish EDO Farina indicator. Analyst JD highlights these conditions as historically bullish signals, suggesting XRP could surge toward uncharted price territory. Meanwhile, Javon Marks forecasts an even more aggressive rally, projecting a 251% surge to $9.631, with long-term potential exceeding $33. Both analysts emphasize that no external hype is needed for this move, as technical patterns alone could drive the rally—though a subsequent sharp correction may follow.
about XRP Poised for Historic Breakout: Analysts Predict New ATHHong Kong Stock Market Recovers with Significant Gains on Wednesday
The Hong Kong stock market rebounded on Wednesday, with the Hang Seng Index rising 753.91 points or 3.27% to close at 23,787.93, following gains in financial, property, and technology sectors. Global market sentiment remains positive, driven by bargain hunting, particularly in tech stocks. Meanwhile, U.S. markets ended mixed as investors awaited NVIDIA’s earnings report, which ultimately showed improved Q4 results and positive guidance.
about Hong Kong Stock Market Recovers with Significant Gains on Wednesday