Current news on XRP and BNB (08.04.2025)
XRP (Ripple)
The price of XRP rose to $3.00, gaining about 6% over the day. Trading volume exceeded $110 million.
Analysts predict a possible breakout above $3.10–$3.20. If it consolidates at these levels, movement towards $4.50 is expected, and in case of a strong impulse — up to $5.00.
The technical picture indicates the formation of a 'cup and handle' pattern, which increases the likelihood of a rise upon breaking $3.66.
The legal saga with the SEC continues. The key date is August 15. After resolving the issue with appeals, the $125 million fine will go to the treasury.
The additional positive backdrop is created by expectations of a decrease in Fed rates, which boosts demand for crypto assets.
BNB (Binance Coin)
The price of BNB is in the range of $754–$760, an increase of about 2% over the day.
Recently, the price rose to $855 amid news of a large investment by Windtree Therapeutics of $520 million, which increased trading volumes by 195%.
Upon breaking the $900 level, analysts expect movement towards the $1,290 zone.
Binance has launched HODLer Airdrops for the TOWNS token. Participants who held BNB in Simple Earn or On-Chain Yields in July will receive tokens. Trading starts on August 5 at 14:30 UTC.
The payment platform Apirone announced support for BNB, with integration expected in the fourth quarter of 2025.
Overall market picture
XRP is consolidating above $3 and preparing to test key levels.
BNB remains in an upward trend, attention is on the $765 zone and a potential breakout above $800.
