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Institutional Momentum May Drive Bitcoin, Ethereum, and XRP Growth This Week

Originally published by Coinpedia Fintech News

Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) are showing strength near key support levels, suggesting a potential upward move. Market speculation is growing around these leading cryptocurrencies, with many anticipating a short-term rally — making this week potentially crucial.

Regulatory conditions are becoming more favorable for the crypto space, which could attract renewed institutional investment in major assets like Bitcoin, Ethereum, and XRP. Additionally, the recent $5 trillion increase in the U.S. debt ceiling adds to the bullish narrative, as such macroeconomic events have historically supported crypto growth.

Investor confidence is also being boosted by companies like Metaplanet actively accumulating Bitcoin. Ethereum continues to show solid fundamentals, while the integration of XRPL with Mercado Bitcoin signals promising developments for XRP.

As the week progresses, investors will be closely monitoring these cryptocurrencies to see if they can leverage the positive momentum and regulatory tailwind.

Bitcoin (BTC):
Current Status: Consolidating just below $108,500, maintaining above the breakout level in a bullish flag pattern.
Recent Performance: Gained 3% in the last week and 8.5% over the past two weeks. Currently down 1.91% from its recent 7-day high of $110,590.
Market Sentiment: Bullish — driven by increasing institutional demand and inflows into spot Bitcoin ETFs. Technical indicators such as RSI at 55, CMF at 0.11, rising AO histogram, and a MACD bullish crossover all point toward continued upward momentum.
Outlook: If the uptrend holds, Bitcoin could challenge its all-time high at $112K soon. A breakout above that may open the path toward $120K by the end of July.

Ethereum (ETH)

Current Status: Trading around $2,549, approaching a key resistance level after rebounding from support at $2,473, supported by the 200-day EMA.
Recent Performance: Up 2.93% over the past week and 18.98% in the last two weeks.
Market Sentiment: Turning bullish as whale activity increases. Technicals like CMF at 0.07, AO trending upward, and a MACD bullish crossover suggest short-term gains are possible.
Outlook: A breakout above $2,695 could drive ETH toward $2,872 or possibly into the $2,800–$3,100 range. Failure to break resistance may lead to a pullback to the $2,455 or $2,185–$2,233 support zones.

XRP (Ripple)

Current Status: Trading near the upper boundary of a falling wedge after bouncing from support at $2.21.
Recent Performance: Gained 5% in the last week and 18% over the past two weeks.
Market Sentiment: Growing bullish, with a potential golden cross forming in the short-term EMA — a strong indicator of a possible breakout. Supporting indicators include CMF at 0.09, rising AO histogram, a confirmed MACD golden cross, and RSI rebounding to 56.
Outlook: With multiple bullish signals aligning, XRP may be poised for a breakout if it can sustain current levels and build momentum.

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