XRP climbed nearly 3% in the last 24 hours, trading above $3.28 after bouncing back from intraday lows near $3.16. Strong afternoon volume and institutional inflows reinforced short-term bullish momentum, with analysts now eyeing a potential move past $4.
Bitcoin faces liquidations, but Bullish bets remain - In contrast, Bitcoin’s market is showing signs of strain. Galaxy Digital and other large holders moved $3.7 billion in BTC to exchanges, triggering $531 million in liquidations, mostly from overleveraged longs. BTC dropped to $115,000 before stabilizing near $119000
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At press time, ETH was priced at $3,707, flat from the prior day’s close after a 1.56% 24-hour gain.
The Supertrend indicator continued to flash a strong buy signal, while the EWO stayed deep in bullish territory at 21.91.
What you should know:
ETH maintained its rally above $3,700 after a brief dip toward $3,576, which now acts as key short-term support. The Supertrend indicator has remained in bullish alignment since early July, while the Elliott Wave Oscillator continued to print strong green bars, reflecting trend conviction despite consolidation. Volume, however, showed early signs of tapering, hinting at a potential cooldown unless new buyers step in. The recent price action has also been influenced by massive institutional interest. BitMine reportedly purchased $970M worth of ETH in just one week, with plans to accumulate up to 5% of the total circulating supply. This intensified demand has tightened supply and reinforced ETH’s narrative as the go-to altcoin in this market cycle.
At press time, BONK traded at $0.00003622, reflecting a 4.5% intraday increase from the prior session’s close.
The +DI hovered well above the -DI, while the ADX held near 48, indicating a strongly trending bullish setup.
What you should know:
BONK maintained its upward trajectory after bouncing from the $0.00002300 zone earlier this month, supported by sustained buy-side interest and recent ecosystem developments. LetsBONK, a Solana-based launchpad, announced it would allocate 1% of its revenue, roughly $15K weekly, to buy BONK tokens from high-volume pairs, reducing supply and boosting investor confidence. The 9-day Simple Moving Average (SMA) continued to act as dynamic support, with price candles holding above it throughout the rally. The Directional Movement Index (DMI) reflected a strong bullish structure, with the +DI dominant over the -DI and ADX hovering near 48. Volume, however, has begun to taper following the rally's peak last week. As long as bulls defend the $0.00003500 zone, BONK could retest the local high of $0.00003900. Traders should monitor for consolidation signs amid declining volumes.
At press time, BNB was trading at $803, reflecting a 2.13% increase from its previous daily close.
The RSI reached 88.31, signaling overbought territory, while price action stayed well above the 9-day SMA.
What you should know:
BNB extended its sharp rally, with the price surging past $800 for the first time in weeks. The daily chart revealed strong bullish conviction as consecutive green candles pushed BNB further away from the 9-day SMA, which lagged at $743. The Relative Strength Index (RSI) spiked to 88.31, marking deeply overbought conditions: a sign that while bullish momentum dominated, a cooling-off period could be imminent. Trading volume remained elevated, confirming sustained interest from buyers across multiple sessions. A key catalyst behind the move was rising altcoin rotation, with the Altcoin Season Index climbing to 54 and Bitcoin dominance dipping. This likely fueled fresh inflows into BNB, which also benefited from increased utility demand across BNB Chain’s ecosystem. BNB faced minor intra-day resistance around the $807 level. If bulls maintain control, the next resistance lies near $825. However, any dip in momentum could lead to a retest of the $775–$780 support zone.
At press time, QNT was trading at $133, rising 6.12% from the prior day’s close.
The Supertrend flashed a strong buy signal, while the EWO hovered firmly in positive territory at 9.44.
What you should know:
Quant’s price surged past the $130 mark, extending a strong bullish streak that began earlier this month. The Supertrend indicator confirmed sustained upward momentum by flashing a ‘Buy’ signal well before the breakout. Meanwhile, the Elliott Wave Oscillator (EWO) maintained a consistent green build-up, suggesting buyers had control over recent sessions. Adding to the momentum, renewed interest in Quant followed news of its involvement in digital euro testing with the European Central Bank. This institutional angle likely fueled accumulation, reflected in a 150%+ volume spike and declining exchange reserves. If buying pressure continues, QNT could attempt to breach the $140 psychological barrier. However, any price rejection near current levels might trigger minor pullbacks, especially if volume weakens. Traders should continue monitoring the Supertrend for trend confirmation and the EWO for shifts in momentum.
Market’s second-largest memecoin recorded gains of over 17% on the charts.
Thanks to the same, the crypto is now trading close to its early-June levels.
What you should know:
Like Dogecoin, Shiba Inu [SHIB] has been among the market’s biggest winners over the last 24 hours. The memecoin’s 17% gains were significant, with the same doing much to reverse the somewhat lukewarm market movement SHIB was indulging in previously. Worth pointing out, however, that it will be a while before SHIB reclaims its local high from mid-May 2025. The bullishness of its latest upside was evidenced by the Simple Moving Average being found below the price candles. Also, the Awesome Oscillator’s histogram flashed green, with the same highlighting a reversal in market trend too.
At press time, PENGU was trading at $0.019 following a significant uptrend on the price charts.
PENGU has been among the market’s biggest winners since mid-June.
What you should know:
Despite a few days of price depreciation, PENGU resumed its uptrend on the price charts, and did so in a major way indeed. In fact, it has climbed by over 30% in the last few days alone, with the same highlighted by the bullishness of the altcoin’s technical indicators. Its Simple Moving Average, for instance, was well below the price candles and corresponded with the crypto’s price performance. Similarly, the Parabolic SAR’s positioning below its most recent price candles also reiterated the bullishness of the market. That’s not all either, as the altcoin’s long/short ratio climbed to 1.03 on the back of its growing social volumes. This implied that the crypto’s uptrend might not stop anytime soon.
At press time, XRP was trading at $2.27, reflecting a modest 0.12% increase over the last 24 hours.
The Supertrend indicator remained bearish, while the MACD histogram flipped positive, signaling a potential shift in short-term momentum.
What you should know:
XRP hovered near the $2.27 mark after repeatedly testing the resistance zone just below $2.33. Although the Supertrend maintained a sell signal, the MACD histogram turned slightly positive for the first time in weeks, hinting at early signs of bullish divergence. The MACD line also nudged above the signal line, reinforcing a potential upward bias. The price remained range-bound through most of June, following the bearish flip of the Supertrend in late May. Despite a brief drop below $2.00 in mid-June, XRP quickly recovered and began forming higher lows, suggesting growing buyer interest. Meanwhile, Ripple’s recent U.S. banking license bid and speculation around a potential SEC appeal withdrawal have lifted investor sentiment. A 93% volume surge and institutional whale accumulation further fueled the short-term upside. If XRP closes above $2.33, a move toward $2.50–$2.60 could follow, especially with regulatory clarity and RLUSD stablecoin developments drawing fresh capital into the ecosystem. #xrp
At press time, Ethereum was trading at $2,577, reflecting a marginal 0.21% rise over the last 24 hours.
The Supertrend remained in a sell zone, while the RSI hovered near 55.7, indicating mildly bullish momentum.
What you should know:
ETH consolidated under $2,600 after its recent attempt to break past the $2,660 resistance failed to sustain. The Supertrend indicator flipped to a sell signal in late June, following a rejection near the $2,850 level. Although ETH rebounded from the sub-$2,300 zone in early July, the price stalled just below the Supertrend resistance line. Trading volume stayed relatively low, reflecting market hesitation. However, the RSI gradually climbed above the neutral 50 mark, suggesting a slight buildup in buying pressure. If bulls can push the price above $2,660 with volume support, a move toward $2,800 remains possible. Meanwhile, whales withdrew over 6,989 ETH ($17.5M) from Binance in the past three weeks, tightening exchange supply. Ethereum also saw renewed interest from institutions, with BBVA launching ETH services under MiCA and SharpLink Gaming becoming the first public company to adopt ETH as its treasury reserve. Momentum further aligns with a dip in Bitcoin dominance to 64.4%, fueling broader altcoin strength.
At press time, TRX was trading at $0.28, reflecting no substantial change over the last 24 hours.
The Parabolic SAR remained below the candles, while the MACD showed a fresh bullish crossover with rising green bars.
What you should know:
TRX hovered near the $0.29 mark after a steady multi-day climb from its $0.26 base. Despite the flat daily close, buying interest appeared to hold, as the MACD line crossed above the signal line, confirming bullish momentum. This was supported by the histogram flipping green again after a stretch of neutrality, hinting at a continuation of the current trend. The Parabolic SAR dots stayed below the price throughout this rally, underlining sustained upward pressure. The rally also aligns with TRON’s growing stablecoin dominance, with USDT supply topping $80 billion on its network. Adding to this bullish narrative, SRM Entertainment recently staked $100M worth of TRX via JustLend as part of its treasury reserve strategy. However, without a decisive move above the $0.29–$0.30 resistance zone, momentum could stall. A breakout could retest the May highs near $0.31, while failure to maintain upward pressure may lead to a pullback toward $0.27. #TRX
At press time, PENGU was trading at $0.016, reflecting a 4.20% decline over the last 24 hours.
The Parabolic SAR remained below the candles, while the RSI cooled to 70.49 after briefly breaching overbought territory.
What you should know:
PENGU saw a sharp pullback after surging to a three-month high near $0.017, with price action rejecting further upside despite a recent volume surge. The token had rallied over 90% since June 25, partly fueled by optimism surrounding the Cboe BZX Exchange’s filing for a first-of-its-kind hybrid PENGU/NFT ETF. The RSI’s reversal from the 70 level signaled waning bullish momentum, though the Parabolic SAR still hovered beneath the price, suggesting the uptrend had not yet flipped. Still, trading volume remained elevated compared to mid-June levels, hinting at continued trader interest. If the correction deepens, the $0.014 zone could act as a near-term support. However, sustained accumulation and a bounce in social sentiment may help the token regain upward momentum in the days ahead. #PENGUUSDT
Key points: At press time, BONK was trading at $0.0000154, up 1.51% over the last 24 hours.
It was one of the trending memecoins as trading volumes spiked.
What you should know: Bonk continued its steady ascent following a sharp volume surge and renewed memecoin interest across the market. While the daily gain was modest, BONK’s recent price action hinted at a brewing breakout, especially as it crossed above the $0.000015 level. The Awesome Oscillator printed rising green bars, confirming building bullish momentum. Simultaneously, the Parabolic SAR dots flipped below the price for the first time since early April, supporting a short-term bullish bias. Trading volumes climbed to 1.29 trillion BONK, reinforcing speculative interest. News catalysts included comparisons to Dogecoin and other trending meme tokens, along with mentions in viral investment spotlights. Analysts now view $0.0000168–$0.000018 as the immediate resistance zone to monitor. If flipped, BONK could reattempt its late-February highs. Support rests near $0.0000135, which served as a previous accumulation floor. #Bonk
At press time, ETH was trading at $1,644, reflecting a 4.14% increase over the last 24 hours.
It was one of the top trending cryptocurrencies as whale activity and EIP-7907 buzz gained traction.
What you should know:
Ethereum broke above its Bollinger midline for the first time in weeks, signaling the early stages of a potential breakout from its prolonged downtrend. The daily RSI climbed to 45.7 but remained below the neutral 50 level, indicating a cautious shift in market momentum rather than an overbought impulse. Volume also surged alongside price action, suggesting active participation from buyers. Whale wallets were reported to have accumulated over 4,500 ETH in the past 48 hours, a move interpreted as growing confidence in Ethereum’s near-term prospects. Adding to the narrative, Ethereum’s EIP-7907 upgrade received final approval, promising improved smart contract efficiency. Analysts now suggest that if ETH maintains above $1,620, it could aim for the $1,700–$1,750 resistance zone. However, failure to sustain momentum could drag prices back toward support at $1,560. #ETH
TAO traded at $258, up 4.07% over the past 24 hours.
The token saw renewed momentum following bullish sentiment and growing on-chain activity.
What you should know:
Bittensor posted a solid daily gain, closing above the $258 mark after a 4% rally. This came amid renewed trader interest, with analysts pointing to a broader bullish breakout pattern. The Bollinger Bands showed price movement pushing toward the upper band, hinting at increasing volatility. The Chaikin Money Flow (CMF) turned positive and hovered near 0.11, indicating strong capital inflow and rising accumulation pressure. Despite recent scam allegations making rounds, several analysts viewed the FUD as short-lived. The token has recovered steadily since mid-April, breaking out of its sideways trend and reclaiming its mid-Bollinger zone. If TAO sustains momentum and closes above $265, it could target the upper resistance near $280. However, failure to maintain current levels might pull the price back toward the $227 support zone. TAO’s fundamentals remain strong, and a clean technical setup could aid its next leg upward. #TAO