🚀 Market Watch: BTC, ETH, and XRP on the Edge of Major Breakouts | July 29, 2025
📊 The crypto market is heating up again — with BTC, ETH, and XRP all eyeing critical breakout levels:
🔸 Bitcoin (BTC) is consolidating between $118K–$120K, showing strength after last week’s dip to $114K. Spot ETF inflows are back, with $157M pouring in on Monday alone. A breakout above $120K could clear the path to retest the ATH of $123,218.
⚠️ MACD shows caution, but RSI recovery hints at bullish momentum brewing.
🔹 Ethereum (ETH) is leading the charge 🔥
Currently trading around $3,870, ETH is targeting a breakout above $4,000.
Spot ETFs attracted $1.85B last week, and Nasdaq-listed BTCS just boosted its ETH holdings to $270M.
📈 RSI is high (77), so keep an eye on potential pullbacks — but the fundamentals remain strong.
🔸 XRP stays above the crucial $3.00 support. Futures Open Interest is up from last month but recently dipped 18% from its peak — a sign of reduced conviction.
Price sits at $3.15, with resistance at $3.20 and key support at $2.95.
📉 Macro factors like Fed rate decisions and U.S. tariff changes (Aug 1) could sway sentiment — stay alert!
🧠 TL;DR: Institutional demand is back. Breakouts are brewing. Risk is real — but so is opportunity.
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