Ethereum is trading at around $4,636 right now, which is a 7.95% increase from the previous day and almost a 28% rise over the last week. It has a market capitalization of about $560 billion, and its daily trading volumes are close to $64 billion.
Recent corporate mania has pushed ETH back to price levels we last saw in late 2021, and the chart shows that the next area of potential resistance is at $4,800.
At $25,000, Ethereum's market capitalization would exceed $3 trillion based on current supply levels. But to get there, we would need to see a lot more money coming in, and that is not the case right now. $ETH $BTC $AXS
$The most recent price movement of XRP has put the token in a difficult technical position. The asset experienced severe profit-taking following an astounding July rally that brought prices near $3.60. As of right now, it is trading at about $3.21. The issue is that a recently formed descending trendline resistance that stretches from the late-July peak now hangs directly overhead.
This technical barrier could make it much more difficult to regain higher ground in the near future. Since XRP has already been rejected twice by this trendline, its significance as a temporary ceiling has been reaffirmed. The token faces additional pressure unless bulls can decisively break through it, especially now that momentum has begun to slow. $XRP $PROVE $TREE
The crypto market cap is holding within a tight $3.6 trillion–$3.8 trillion range as traders pull liquidity and shift focus to micro-cap tokens in the first week of August, with some warning of a summer lull to continue. $BTC $TST $SOL
#TrumpTariffs Arthur Hayes, co-founder of BitMEX and a prominent figure in the cryptocurrency markets, sold a total of approximately $13.5 million worth of crypto assets in the last 6 hours.
According to on-chain data, Hayes's assets are as follows:
2,373 Ethereum (ETH) – approximately $8.6 million 7.76 million Ethena (ENA) – approximately $4.56 million 38.87 billion Pepe (PEPE) – approximately $411,000 Hayes made the following statement on social media following the sales:
Why? The US has tariffs due in Q3… At least, that's what the market thinks after the nonfarm payrolls (NFP) data. None of the major economies can generate credit fast enough to boost nominal GDP. That's why Bitcoin will test $100,000, and Ethereum will test $3,000.
Bitcoin's price has fallen from $120,000 to $113,000 in recent days. Ethereum's decline was even more severe, with the price dropping below $3,500, down 2.8% in the last 24 hours. $BTC $ETH $PEPE
#xrp XRP Ledger is quickly becoming a major global settlement layer for stablecoin activity. According to a recent update from Dune, July saw significant growth in Brazilian real (BRL)-denominated stablecoins, especially those issued on the XRP Ledger. $XRP $BTC $KNC
#MarketPullback A series of noteworthy transactions are taking place in the cryptocurrency markets. An old Bitcoin wallet, which had been inactive for 12 years, transferred 306 BTC (approximately $35.37 million) today. $BTC $ICP $TRUMP
#icp $ICP Price declined 4.77% from $5.66 to $5.39 between July 29 at 09:00 and July 30 at 08:00 UTC. Trading range spanned $0.33 (5.3%) from high of $5.68 to low of $5.35. Major breakdown occurred at $5.55 with volume surging to 647,663 contracts. Support at $5.38 tested multiple times during early July 30 trading window. Resistance formed at $5.44 amid declining volume and fading upward momentum. Consolidation range observed between $5.38 and $5.44 as price action flattened. $ICP $KNC
#BinanceHODLerTree The report noted that Bitcoin's key resistance levels are located around $112,000 and $115,000. Without strong momentum, Bitcoin may struggle to break through these levels, according to the analyst. If the price declines, support zones around $106,000 and $94,000 could come into play. $BTC $ICP $XRP
#BinanceHODLerTree BTC price analysis shows that Bitcoin declines toward $117.5K. Resistance for BTC is at $120,841 Support for BTC/USD is at $114,747 The BTC price analysis for 28 July confirms that BTC faces a surge in volatility as the price moved toward $117.5K. The price is now aiming for a consolidation within a bearish channel. $BTC $ADA $BNB
#CryptoScamSurge Pudgy Penguins (PENGU) is trading near $0.04280 in today’s session after rebounding from a critical mid-range demand zone. While recent netflows suggest cautious sentiment, price structure and momentum indicators point to the potential for a short-term continuation if $0.04350 is cleared convincingly.
What’s Happening With Pudgy Penguins Price?
PENGU price dynamics (Source: TradingView) PENGU price remains well inside an ascending parallel channel on the 1-hour chart. Recent lows were defended near $0.03720, just above the lower channel boundary. The recovery was initiated after a failed breakdown from a descending wedge. Bulls swiftly absorbed supply near $0.038, and the ongoing push is now testing mid-channel resistance around 0.0345.
Why Is The Pudgy Penguins Price Going Up Today?
PENGU price dynamics (Source: TradingView) The latest rebound is being driven by strong structural defense and signs of momentum returning. The 30-minute RSI has moved back above 66.30 and continues to flirt with the 70 zone. This suggests a possible breakout setup. Meanwhile, VWAP has now flipped into support near $0.04196, with price comfortably trading above it and pressing toward the upper session band. $PENGU
$XRP currently in a tight spot. After an impressive rally that took its price close to previous highs, the token has now slipped below a key support level, raising questions about its short-term direction.
XRP is still holding onto a bullish structure. It continues to form higher highs and higher lows, which is generally a sign of strength. This means that despite the short-term pullback, XRP hasn’t yet confirmed the start of a bear market. In fact, as long as the price stays above critical support levels, the longer-term outlook remains intact.
Recent Price Action and Support Levels
In the short term, XRP has broken below the $3.40 mark, which had acted as a strong support level for over a week. So, where does XRP go from here? One scenario is a period of consolidation, where the price moves sideways within a range. Support is now sitting around $2.90 to $3.00, which has held up in previous corrections. On the upside, resistance is expected around $3.30 to $3.40, the same zone that recently flipped from support to resistance.
#CryptoClarityAct A sharp pullback across crypto markets on Tuesday triggered nearly $735 million in liquidations with bulls bearing the brunt.
Ether (ETH) and XRP
XRP$3.0881 tracked futures bets booked larger losses than bitcoin in an unusual move, indicative of the higher interest toward altcoin traders in the past week.
CoinGlass data shows ETH traders lost $152.78 million, the largest for any asset, followed by $88.58 million in liquidations for XRP. $XRP $BNB $SLP