Hammd Kamboh

🚀 BNB Jumps, Then Slips – What’s Going On?
Earlier today, $BNB saw a strong rally, quickly rising to a local high of $778. But soon after, we saw some selling pressure, and the price pulled back slightly. At the time of writing, BNB is trading around $776, still up about 1.3% over the past 24 hours.
Even though the price dipped a bit, BNB is showing strong signs of stability, especially when compared to other exchange tokens. It’s only 8.7% down from its all-time high, while most others are still down between 35% and 60%.

🧠 What’s Fueling This Movement?
This price action came on the back of some big news: CEA Industries just completed a $500 million private placement to support their BNB treasury strategy. That’s a huge vote of confidence for BNB.
At one point during the day, $BNB spiked up as volume surged above 60,000 tokens — a sign that big players may have entered the market. However, when it hit the $778–$780 resistance level, sellers stepped in, and the price slipped a bit.
But here’s the important part: BNB found strong support around $765–$766, and buyers defended that level. That kind of behavior often points to institutional interest.


🔍 Why This Matters
In a time when the crypto market is shaky due to global uncertainty — like changing trade policies and upcoming U.S. tariffs — BNB’s performance is a breath of fresh air.
Even with short-term ups and downs, investor interest in $BNB remains strong. The total price swing for the day was about $16.83 (or 2.18%), which shows that things are moving, but not out of control.
📊 Final Thoughts
BNB continues to show resilience in a volatile market. The token’s quick moves, support zones, and growing institutional attention make it one to watch closely.

Let’s see how it performs in the coming days. Stay tuned!

XRP $XRP jumped sharply on August 7, rising from $2.91 to $3.02, and closing at $2.98. This move came with high-volume buying, especially on Korean exchanges like Upbit.

🔍 Key Highlights
XRP price increased 3% in 24 hours, breaking several resistance levels.Ripple is withdrawing its legal appeal against the U.S. SEC, and a key decision is expected soon.Japan’s SBI Holdings filed for a $BTC -XRP ETF, showing growing institutional interest.

📰 News BackgroundThe U.S. SEC is expected to respond to Ripple’s appeal withdrawal at 03:00 UTC on August 7.If approved, this could confirm that XRP is not a security, removing a major legal obstacle.SBI’s ETF proposal shows that big players are looking at $XRP as a potential investment asset.
💹 Price Movement Summary
XRP traded between $2.91 and $3.02, a 3.7% range within the day.The biggest surge happened between 15:00 – 16:00 UTC, with over 110 million XRP traded — triple the usual volume.Upbit alone handled $95 million in XRP trades.XRP then consolidated between $2.98 and $3.00 by session close.

📊 Technical Analysis (Simplified)
XRP broke past key resistance levels at $2.87, $2.92, and $2.97.It tried to break $3.02 but failed, pulling back to $2.98 after a volume spike of 2.11 million XRP in 10 minutes.$2.98 is now a key support level. If buyers hold this level, next targets are $3.05, $3.14, and possibly $3.25 if the SEC decision or ETF approval turns positive.

👀 What Traders Should Watch
The SEC’s 03:00 UTC session – Will they formally accept Ripple’s withdrawal?Whether SBI’s ETF application brings new inflows into XRP.Price action around $3.05 – does XRP have strength to retest highs?Watch volume trends on Binance and Upbit for signs of retail and institutional activity.

✅ In Summary
XRP is gaining strong momentum both technically and legally. The upcoming SEC decision and the ETF news from Japan could be the catalyst for the next big move.

Ethereum $ETH is currently moving in a small price range between $3,500 and $3,750. Right now, the market is waiting for a breakout — and whichever side wins, the price could move fast.

🔍 What’s Happening?
$ETH is stuck between $3,500 (support) and $3,750 (resistance).If Ethereum breaks above this range, we could see a push toward $4,000 and even $4,100.But if it drops below $3,500, the price might fall toward $3,300 or $3,100.
🟠 Chart Pattern to Watch
There’s a symmetrical triangle forming on the 4-hour chart near $3,620. This kind of pattern usually leads to a strong breakout — either up or down.
The 50 EMA (moving average) is near $3,512, acting as support.A close above $3,720 could be a signal that bulls are taking control.

📉 Warning Signs
There’s strong selling pressure just above $4,000.If that level doesn’t hold Ethereum could drop 25–35%.Some analysts see bearish signals in the order books and market volatility.

🧠 Final Thoughts
Ethereum $ETH is in a tight zone right now. A big move is likely coming soon. If you’re trading, keep a close eye on $3,500 and $3,750 — whichever breaks first could decide the next trend.