๐ข 1. XRPโs Best Month Might Be Coming
Based on historical price data, XRP has often delivered double-digit monthly gains in July, with 4 of the last 5 Julys showing strong rallies.
Technical analysis indicates XRP has recently broken above a key support band (BMSB) and bullish RSI momentum could precede a major uptrend โ previous breakouts led to ~470% gains.
Analysts are eyeing resistance targets between $2.30โ$2.60, with potential spikes to $3.75โ$5, and even as high as $6โ$75 in extreme scenarios.
๐ 2. 10.71 Trillion Shiba Inu Traded in 24 Hours
Nearly10.71 trillion SHIB (worth ~$129.5โฏM) moved into futures contracts within a single day, showing heavy trading volume despite a ~3% price drop.
This surge in futures open interest indicates continued speculative and whale-driven activity, with major platforms like Gate.io, Bitget, and OKX involve.
SHIB price remains near a critical support level (~$0.00001138); a break below could lead to further downside.
๐ 3. $312.98M ETH Transfer to Coinbase
Whale activity saw 32,650 ETH (~$312.98โฏM) moved into Coinbase custody in 24 hours, along with 6.5โฏtrillion SHIB ($80M), likely from market maker Wintermute.
Such large transfers to institutional wallets often precede liquidity shifts that can influence price action โ signaling possible upcoming volatility.
โ ๏ธ Overall Takeaway
XRP: Technical and seasonal signals point to a potential bullish July, though resistance levels remain key.
SHIB: Intense futures activity suggests speculation, but price fragility near support creates downside risk.
ETH: Massive institutional inflows into Coinbase custodian wallets hint at potential liquidity and market-moving events.
๐ Cryptocurrency investments carry risks. Therefore, this is not financial advice (No BSH recommendation). Hence please do your own research (DYOR) before making investment decisions.
