Tariq_54
I am a Pakistan Stock Exchange & Crypto investor and trader, trading and investing in stocks since from last 20 years
642 Following
211 Followers
872 Liked
357 Shared
All
Quotes
#ADA Cardano Golden Cross Confirmed, Has Price Bottomed Out?
ADA has in the last 24 hours recorded an increase in price by over 1.95%, as the asset shows signs of recovery on the crypto market. According to data, Cardano has formed a golden cross on the three-hour chart, the first in the month of August, sparking speculation that the price has bottomed out.
Cardano price finally exits oversold territory
Notably, the 9-day and 26-day moving averages have crossed upward, indicating the formation of a golden cross. For clarity, a golden cross occurs when the short-term moving average crosses above the long-term moving average.
The golden cross is considered a bullish signal for an asset, and its recent formation suggests ADA might witness a breakout.
As of press time, Cardano was changing hands at $0.7403, representing a 2.22% increase in the last 24 hours. The coin registered a spike from a low of $0.7199 to a peak of $0.7424 before stabilizing at the current level.
The upward momentum is likely supported by the Relative Strength Index (RSI) at 46.12, which signals that the coin has exited the oversold territory. It suggests that the price might have bottomed, and the only direction for ADA is up.
However, the continued low volume poses a potential fake breakout risk. Trading volume remains deep in the red zone by 30.74% at $710.93 million.
Analysts eye explosive price targets in current cycle
Market participants appear to be monitoring the price movement before making a serious commitment to the asset. Cardano has failed to reclaim the $1 price level that could serve as a psychological catalyst for increased trading activities.
Despite this slow price movement, Ali Martinez is confident that Cardano's price structure positions it for a breakout. According to the analyst, the asset could experience an explosive move to $3 or $6.25 ultimately in the current cycle.
ADA has in the last 24 hours recorded an increase in price by over 1.95%, as the asset shows signs of recovery on the crypto market. According to data, Cardano has formed a golden cross on the three-hour chart, the first in the month of August, sparking speculation that the price has bottomed out.
Cardano price finally exits oversold territory
Notably, the 9-day and 26-day moving averages have crossed upward, indicating the formation of a golden cross. For clarity, a golden cross occurs when the short-term moving average crosses above the long-term moving average.
The golden cross is considered a bullish signal for an asset, and its recent formation suggests ADA might witness a breakout.
As of press time, Cardano was changing hands at $0.7403, representing a 2.22% increase in the last 24 hours. The coin registered a spike from a low of $0.7199 to a peak of $0.7424 before stabilizing at the current level.
The upward momentum is likely supported by the Relative Strength Index (RSI) at 46.12, which signals that the coin has exited the oversold territory. It suggests that the price might have bottomed, and the only direction for ADA is up.
However, the continued low volume poses a potential fake breakout risk. Trading volume remains deep in the red zone by 30.74% at $710.93 million.
Analysts eye explosive price targets in current cycle
Market participants appear to be monitoring the price movement before making a serious commitment to the asset. Cardano has failed to reclaim the $1 price level that could serve as a psychological catalyst for increased trading activities.
Despite this slow price movement, Ali Martinez is confident that Cardano's price structure positions it for a breakout. According to the analyst, the asset could experience an explosive move to $3 or $6.25 ultimately in the current cycle.
#ADA Short-Term Outlook (August 4, 2025)
Bullish Scenario: If ADA maintains above $0.75 and breaks the $0.85 resistance with high volume, it could target $0.88–$0.92 by the end of August, with a potential push toward $1.00 if momentum sustains.
Bearish Scenario: Failure to hold $0.70–$0.75 could lead to consolidation in the $0.65–$0.70 range, with further downside risk to $0.60 if selling pressure intensifies.
Changelly predicts a -1.35% decrease by August 5, 2025, with a potential drop to $0.716, reflecting short-term caution.
Trading Strategy
Long Trades: Consider entering long positions at $0.70–$0.75 support with targets at $0.85 and $0.92. Place stop-loss orders below $0.65 to manage risk.
Short Trades: If ADA breaks below $0.70, short trades could target $0.65–$0.60, with confirmation from a MACD downward crossover and RSI below 40.
Intraday: Trade within the $0.70–$0.74 range until a clear breakout or breakdown occurs.
Key Risks
Market Volatility: The crypto market remains highly volatile, and global macroeconomic factors could pressure ADA’s price.
Resistance Challenges: ADA has struggled to break the $0.90–$1.00 resistance, cooling short-term buy-side enthusiasm.
Competition: Slower dApp traction compared to Ethereum or Solana may limit short-term growth.
Conclusion
Cardano (ADA) exhibits a neutral to bullish outlook as of August 4, 2025, with strong support at $0.70–$0.75 and potential to test $0.85–$0.92 if bullish momentum continues.
Technical indicators like moving averages and chart patterns support a positive mid- to long-term trajectory, bolstered by fundamental catalysts like ETF speculation and network upgrades.
However, short-term volatility and resistance at $0.90 warrant caution. Traders should monitor volume, RSI, and key price levels ($0.75 and $0.85) for breakout or consolidation signals.
Bullish Scenario: If ADA maintains above $0.75 and breaks the $0.85 resistance with high volume, it could target $0.88–$0.92 by the end of August, with a potential push toward $1.00 if momentum sustains.
Bearish Scenario: Failure to hold $0.70–$0.75 could lead to consolidation in the $0.65–$0.70 range, with further downside risk to $0.60 if selling pressure intensifies.
Changelly predicts a -1.35% decrease by August 5, 2025, with a potential drop to $0.716, reflecting short-term caution.
Trading Strategy
Long Trades: Consider entering long positions at $0.70–$0.75 support with targets at $0.85 and $0.92. Place stop-loss orders below $0.65 to manage risk.
Short Trades: If ADA breaks below $0.70, short trades could target $0.65–$0.60, with confirmation from a MACD downward crossover and RSI below 40.
Intraday: Trade within the $0.70–$0.74 range until a clear breakout or breakdown occurs.
Key Risks
Market Volatility: The crypto market remains highly volatile, and global macroeconomic factors could pressure ADA’s price.
Resistance Challenges: ADA has struggled to break the $0.90–$1.00 resistance, cooling short-term buy-side enthusiasm.
Competition: Slower dApp traction compared to Ethereum or Solana may limit short-term growth.
Conclusion
Cardano (ADA) exhibits a neutral to bullish outlook as of August 4, 2025, with strong support at $0.70–$0.75 and potential to test $0.85–$0.92 if bullish momentum continues.
Technical indicators like moving averages and chart patterns support a positive mid- to long-term trajectory, bolstered by fundamental catalysts like ETF speculation and network upgrades.
However, short-term volatility and resistance at $0.90 warrant caution. Traders should monitor volume, RSI, and key price levels ($0.75 and $0.85) for breakout or consolidation signals.
$CFX What is Conflux?
Conflux is a permissionless Layer 1 blockchain connecting decentralized economies across borders and protocols. Recently migrated to hybrid PoW/PoS consensus, Conflux provides a fast, secure, and scalable blockchain environment with zero congestion, low fees, and improved network security.
As the only regulatory-compliant public blockchain in China, Conflux provides a unique advantage for building projects and expanding into Asia. Conflux has collaborated with global brands and government entities in the region on blockchain and metaverse initiatives, including the city of Shanghai, McDonald's China, and Oreos.
What is the Conflux (CFX) Token?
CFX is the native token for the Conflux Network. It is a hard-capped scarce asset used to pay fees, and secure the network through staking. Each CFX contains 1018 Drip. Transactions on Conflux are handled similarly to those on the Ethereum network, with CFX playing a similar role as ETH. Users submit a contract with a gas limit and a gas price; the latter is denominated in CFX.
Users can interact with Conflux Network ecosystem applications through wallets. Users can use CFX to participate in governance votes, stake their tokens to earn network interest, or pay for the network's storage and transaction fees.
Conflux is a permissionless Layer 1 blockchain connecting decentralized economies across borders and protocols. Recently migrated to hybrid PoW/PoS consensus, Conflux provides a fast, secure, and scalable blockchain environment with zero congestion, low fees, and improved network security.
As the only regulatory-compliant public blockchain in China, Conflux provides a unique advantage for building projects and expanding into Asia. Conflux has collaborated with global brands and government entities in the region on blockchain and metaverse initiatives, including the city of Shanghai, McDonald's China, and Oreos.
What is the Conflux (CFX) Token?
CFX is the native token for the Conflux Network. It is a hard-capped scarce asset used to pay fees, and secure the network through staking. Each CFX contains 1018 Drip. Transactions on Conflux are handled similarly to those on the Ethereum network, with CFX playing a similar role as ETH. Users submit a contract with a gas limit and a gas price; the latter is denominated in CFX.
Users can interact with Conflux Network ecosystem applications through wallets. Users can use CFX to participate in governance votes, stake their tokens to earn network interest, or pay for the network's storage and transaction fees.
#BTCReserveStrategy
Why are governments considering bitcoin reserves?
Around the world, a growing number of institutional investors and asset managers are beginning to see value in allocating a portion of their portfolios to bitcoin. In parallel, some governments and sovereign wealth funds appear to be cautiously exploring similar strategies.
Traditional reserve assets like gold and the U.S. dollar are becoming more politically entangled and subject to external influence. For nations grappling with economic instability or seeking greater monetary autonomy, bitcoin is emerging as a promising, if experimental, alternative. Additionally, if governments begin holding bitcoin, it may further legitimize the asset class and foster broader institutional adoption.
For many countries, the move is less about making a radical monetary shift and more about pragmatic diversification. Bitcoin exposure may offer a strategic way to reduce dependence on dollar-based reserves or commodity-linked assets while better positioning for a digitally native financial future.
Impacts on markets and institutions:
If governments begin allocating bitcoin as part of sovereign investment strategies, primarily through SWFs or treasury holdings, the implications could still reach well beyond portfolio diversification. Even in the absence of formal monetary policy integration, sovereign accumulation of bitcoin may influence market dynamics, shape institutional behavior, and gradually shift public perception.
Why are governments considering bitcoin reserves?
Around the world, a growing number of institutional investors and asset managers are beginning to see value in allocating a portion of their portfolios to bitcoin. In parallel, some governments and sovereign wealth funds appear to be cautiously exploring similar strategies.
Traditional reserve assets like gold and the U.S. dollar are becoming more politically entangled and subject to external influence. For nations grappling with economic instability or seeking greater monetary autonomy, bitcoin is emerging as a promising, if experimental, alternative. Additionally, if governments begin holding bitcoin, it may further legitimize the asset class and foster broader institutional adoption.
For many countries, the move is less about making a radical monetary shift and more about pragmatic diversification. Bitcoin exposure may offer a strategic way to reduce dependence on dollar-based reserves or commodity-linked assets while better positioning for a digitally native financial future.
Impacts on markets and institutions:
If governments begin allocating bitcoin as part of sovereign investment strategies, primarily through SWFs or treasury holdings, the implications could still reach well beyond portfolio diversification. Even in the absence of formal monetary policy integration, sovereign accumulation of bitcoin may influence market dynamics, shape institutional behavior, and gradually shift public perception.
Why #XRP Price is Up Today? Korean Traders Drive Price Past $3
As altcoins spark a strong rebound, lifting sentiment across the board. Bitcoin is holding above key support, Ethereum is regaining strength, and tokens like Solana, Toncoin, and Chainlink are making notable gains.
But it’s XRP that’s stealing the spotlight, surging 6% in the last 24 hours to touch $3.03 before settling slightly lower at $3.00. The jump came with a massive spike in trading activity, with volumes more than tripling the daily average, a clear sign that big investor are getting involved.
Why XRP is Surging
The rally is being fueled by a perfect storm of factors. Strong institutional buying kicked in after XRP broke through resistance levels at $2.87, $2.92, and $2.97. But the biggest push is coming from the South Korean exchange, where XRP is now the number 1 traded cryptocurrency.
On Korea’s largest exchange alone, XRP saw nearly $500 million in 24‑hour trading volume, The surge in Korean demand is feeding into global momentum, attracting traders from all over the world.
On the charts, XRP is holding strong above the $2.73 support level, luring in late buyers. The RSI (Relative Strength Index) is forming higher lows, hinting at building strength, and volume data shows heavy buying interest near $2.97. If bulls manage to push the price above $3.14, XRP could test the $3.48–$3.65 zone, just shy of its all‑time high of $3.66
Ripple vs SEC Update
Adding to the bullish backdrop, XRP’s long‑running legal fight with the SEC may soon be over. Ripple has agreed to pay a $125 million fine and dropped its appeal, while the SEC is expected to do the same, likely by August 15. A settlement could remove a major uncertainty and open the doors for more institutional adoption.
On‑chain analyst Ali Martinez warns that the MVRV ratio has formed a death cross, signaling the possibility of a short‑term dip. Still, with Korean trading frenzy, strong technical support, rising institutional flows, and legal clarity on the horizon, XRP’s bullish outlook remains intact.
As altcoins spark a strong rebound, lifting sentiment across the board. Bitcoin is holding above key support, Ethereum is regaining strength, and tokens like Solana, Toncoin, and Chainlink are making notable gains.
But it’s XRP that’s stealing the spotlight, surging 6% in the last 24 hours to touch $3.03 before settling slightly lower at $3.00. The jump came with a massive spike in trading activity, with volumes more than tripling the daily average, a clear sign that big investor are getting involved.
Why XRP is Surging
The rally is being fueled by a perfect storm of factors. Strong institutional buying kicked in after XRP broke through resistance levels at $2.87, $2.92, and $2.97. But the biggest push is coming from the South Korean exchange, where XRP is now the number 1 traded cryptocurrency.
On Korea’s largest exchange alone, XRP saw nearly $500 million in 24‑hour trading volume, The surge in Korean demand is feeding into global momentum, attracting traders from all over the world.
On the charts, XRP is holding strong above the $2.73 support level, luring in late buyers. The RSI (Relative Strength Index) is forming higher lows, hinting at building strength, and volume data shows heavy buying interest near $2.97. If bulls manage to push the price above $3.14, XRP could test the $3.48–$3.65 zone, just shy of its all‑time high of $3.66
Ripple vs SEC Update
Adding to the bullish backdrop, XRP’s long‑running legal fight with the SEC may soon be over. Ripple has agreed to pay a $125 million fine and dropped its appeal, while the SEC is expected to do the same, likely by August 15. A settlement could remove a major uncertainty and open the doors for more institutional adoption.
On‑chain analyst Ali Martinez warns that the MVRV ratio has formed a death cross, signaling the possibility of a short‑term dip. Still, with Korean trading frenzy, strong technical support, rising institutional flows, and legal clarity on the horizon, XRP’s bullish outlook remains intact.
#XRP Price Outlook: Ripple Case and ETFs in the Spotlight
XRP extended its losing streak to three sessions on Friday, August 1, falling 2.02% to close at $2.9611. Notably, XRP closed below $3 for the first time since July 15. The token tracked the broader market, which dropped 2.63% to a total crypto market cap of $3.63 trillion.
XRP’s near-term price outlook hinges on several key catalysts, including:
1. The SEC’s appeal vote.
2. XRP-spot ETF-related news
3. Ripple’s push for a US banking license.
SWIFT-related news
4. Legislation: The CLARITY Act and 21ST Century Mortgage Act’s progress on Capitol Hill.
A breakout above $3 could pave the way to the $3.2 level. A sustained move above $3.2 may bring the record high of $3.6606 into sight. Conversely, a drop below the $2.9 level could enable the bears to target the $2.8 level and the 50-day EMA.
Broader Market Outlook
The SEC’s appeal vote remains pivotal. However, XRP is also exposed to external catalysts.
Broader macroeconomic headwinds—US stagflation risks and Fed monetary policy signals—may continue to influence sentiment. Rising fears of a US recession and a hawkish Fed policy stance could pressure XRP. However, upbeat US economic data and increasing expectations of a Fed rate cut could lift sentiment.
Looking ahead, crypto-related legislative developments, SEC appeal-related updates, and ETF-related news will be the key price catalysts.
XRP extended its losing streak to three sessions on Friday, August 1, falling 2.02% to close at $2.9611. Notably, XRP closed below $3 for the first time since July 15. The token tracked the broader market, which dropped 2.63% to a total crypto market cap of $3.63 trillion.
XRP’s near-term price outlook hinges on several key catalysts, including:
1. The SEC’s appeal vote.
2. XRP-spot ETF-related news
3. Ripple’s push for a US banking license.
SWIFT-related news
4. Legislation: The CLARITY Act and 21ST Century Mortgage Act’s progress on Capitol Hill.
A breakout above $3 could pave the way to the $3.2 level. A sustained move above $3.2 may bring the record high of $3.6606 into sight. Conversely, a drop below the $2.9 level could enable the bears to target the $2.8 level and the 50-day EMA.
Broader Market Outlook
The SEC’s appeal vote remains pivotal. However, XRP is also exposed to external catalysts.
Broader macroeconomic headwinds—US stagflation risks and Fed monetary policy signals—may continue to influence sentiment. Rising fears of a US recession and a hawkish Fed policy stance could pressure XRP. However, upbeat US economic data and increasing expectations of a Fed rate cut could lift sentiment.
Looking ahead, crypto-related legislative developments, SEC appeal-related updates, and ETF-related news will be the key price catalysts.
#XRP News Today: Court Clock Ticks—Appeal Vote Could Make or Break XRP Rally
Key Points:
XRP falls below $3 as SEC remains silent on appeal ahead of the crucial August 15 court deadline.
Ripple case outcome may determine launch potential of BlackRock’s iShares XRP-spot ETF.
Notably, the SEC’s silence has impacted XRP demand in recent weeks, declining in the last three Friday sessions, coincidentally, the day following each of the closed meetings.
The next closed meeting is slated for August 7. Significantly, the SEC has two meetings remaining before an August 15 court deadline. The SEC must submit a progress report on the Ripple case settlement. Given Judge Torres’ ruling, investors expect the agency to drop its appeal by this date and for Ripple to withdraw its cross-appeal.
Despite optimism, the SEC may still pursue the appeal. Investor concerns about the SEC’s plans may intensify as the August 15 filing data nears. However, the SEC is known for last-minute filings, which may ease fears about any intent to extend the case.
An appeal withdrawal could be a crucial step toward an XRP-spot ETF market, the next likely price catalyst. Notably, an SEC appeal withdrawal could raise expectations for BlackRock to file for an iShares XRP Trust. BlackRock’s BTC and ETH-spot ETFs have been pivotal to the success of the crypto-spot ETF market.
ETF Store President Nate Geraci remarked:
“Sticking w/ prediction that BlackRock will launch both xrp & sol ETFs…Doesn’t make sense that world’s largest asset manager (& current leader in both spot btc & eth ETFs) would ignore two top 5 non-stablecoin crypto assets.”
Key Points:
XRP falls below $3 as SEC remains silent on appeal ahead of the crucial August 15 court deadline.
Ripple case outcome may determine launch potential of BlackRock’s iShares XRP-spot ETF.
Notably, the SEC’s silence has impacted XRP demand in recent weeks, declining in the last three Friday sessions, coincidentally, the day following each of the closed meetings.
The next closed meeting is slated for August 7. Significantly, the SEC has two meetings remaining before an August 15 court deadline. The SEC must submit a progress report on the Ripple case settlement. Given Judge Torres’ ruling, investors expect the agency to drop its appeal by this date and for Ripple to withdraw its cross-appeal.
Despite optimism, the SEC may still pursue the appeal. Investor concerns about the SEC’s plans may intensify as the August 15 filing data nears. However, the SEC is known for last-minute filings, which may ease fears about any intent to extend the case.
An appeal withdrawal could be a crucial step toward an XRP-spot ETF market, the next likely price catalyst. Notably, an SEC appeal withdrawal could raise expectations for BlackRock to file for an iShares XRP Trust. BlackRock’s BTC and ETH-spot ETFs have been pivotal to the success of the crypto-spot ETF market.
ETF Store President Nate Geraci remarked:
“Sticking w/ prediction that BlackRock will launch both xrp & sol ETFs…Doesn’t make sense that world’s largest asset manager (& current leader in both spot btc & eth ETFs) would ignore two top 5 non-stablecoin crypto assets.”
#ADA Cardano (ADA) Price Prediction for August 3
Can traders expect Cardano (ADA) to bounce back soon?
The market is mainly red at the end of the week, however, there are some exceptions, according to CoinStats.
Unlike other coins, the rate of Cardano (ADA) has risen by 1.28% over the last 24 hours.
On the hourly chart, the price of ADA is bullish as it is about to break the local resistance of $0.7263.
If it happens, the upward move may lead to a test of the $0.73-$0.74 range shortly.
On the bigger time frame, the rate of ADA might have found a local bottom. However, the volume is low, which means any sharp moves are unlikely to happen over the next few days.
From the midterm point of view, the price of ADA is going down after a false breakout of the resistance of $0.8955. If buyers cannot seize the initiative by the end of the week, the fall may continue to the $0.65 mark.
ADA is trading $0.7253 at press time.
Can traders expect Cardano (ADA) to bounce back soon?
The market is mainly red at the end of the week, however, there are some exceptions, according to CoinStats.
Unlike other coins, the rate of Cardano (ADA) has risen by 1.28% over the last 24 hours.
On the hourly chart, the price of ADA is bullish as it is about to break the local resistance of $0.7263.
If it happens, the upward move may lead to a test of the $0.73-$0.74 range shortly.
On the bigger time frame, the rate of ADA might have found a local bottom. However, the volume is low, which means any sharp moves are unlikely to happen over the next few days.
From the midterm point of view, the price of ADA is going down after a false breakout of the resistance of $0.8955. If buyers cannot seize the initiative by the end of the week, the fall may continue to the $0.65 mark.
ADA is trading $0.7253 at press time.
#XRP Price Prediction Turns Bearish, 30% Fall to $2 Now on the Table
XRP is starting August on a shaky note as the price action shows growing signs of weakness on the weekly chart.
Weekly Chart Shows Bearish Signs
On the weekly timeframe, XRP is showing a clear breakdown below the $3 support zone. With just about a day left until the weekly candle closes, the current red candle is looking likely to confirm a bearish divergence. This signal often suggests the beginning of a larger market slowdown or pullback. If this pattern plays out, XRP could face a month or more of downside movement or sideways consolidation.
XRP’s Volatility Could Bring Bigger Drops
Unlike Bitcoin, which typically corrects in more gradual movements, XRP is known for making sharp, sudden moves both upward and downward. If the bearish momentum continues, XRP may fall to around $2.50 as the first major support level, or possibly even down to $2. From current levels, a drop to $2.50 would be a roughly 13–14% fall. A move to $2 would represent a 30% decline.
Breaking Below $2.90 Is a Warning Sign.
Looking at the daily chart, XRP recently bounced off the $2.90 level, but that support has now broken. This is a key area that previously provided temporary relief, but the price is now picking up bearish momentum. If this breakdown holds, it could lead to a deeper drop in the near term.
The next major support zone sits between $2.55 and $2.62. This could act as the first short-term target if XRP continues to fall.
While the broader market is still digesting Bitcoin’s recent pullback, Bitcoin dominance is starting to rise again. Historically, when Bitcoin dominance climbs, altcoins like XRP tend to struggle. This means the altcoin market could face continued pressure in the short term.
At the same time, market conditions are shifting. Economic uncertainty, potential interest rate cuts, and global regulatory updates are adding new layers to crypto’s price movements. For XRP, these conditions combined with its chart structure is not usually a bullish sign in the near future.
XRP is starting August on a shaky note as the price action shows growing signs of weakness on the weekly chart.
Weekly Chart Shows Bearish Signs
On the weekly timeframe, XRP is showing a clear breakdown below the $3 support zone. With just about a day left until the weekly candle closes, the current red candle is looking likely to confirm a bearish divergence. This signal often suggests the beginning of a larger market slowdown or pullback. If this pattern plays out, XRP could face a month or more of downside movement or sideways consolidation.
XRP’s Volatility Could Bring Bigger Drops
Unlike Bitcoin, which typically corrects in more gradual movements, XRP is known for making sharp, sudden moves both upward and downward. If the bearish momentum continues, XRP may fall to around $2.50 as the first major support level, or possibly even down to $2. From current levels, a drop to $2.50 would be a roughly 13–14% fall. A move to $2 would represent a 30% decline.
Breaking Below $2.90 Is a Warning Sign.
Looking at the daily chart, XRP recently bounced off the $2.90 level, but that support has now broken. This is a key area that previously provided temporary relief, but the price is now picking up bearish momentum. If this breakdown holds, it could lead to a deeper drop in the near term.
The next major support zone sits between $2.55 and $2.62. This could act as the first short-term target if XRP continues to fall.
While the broader market is still digesting Bitcoin’s recent pullback, Bitcoin dominance is starting to rise again. Historically, when Bitcoin dominance climbs, altcoins like XRP tend to struggle. This means the altcoin market could face continued pressure in the short term.
At the same time, market conditions are shifting. Economic uncertainty, potential interest rate cuts, and global regulatory updates are adding new layers to crypto’s price movements. For XRP, these conditions combined with its chart structure is not usually a bullish sign in the near future.
#ADA Cardano’s Long/Short Ratio Slips — Is a Drop Below $0.70 for ADA on the Horizon?
Cardano (ADA) saw an impressive rally in July, gaining nearly 30% in value—one of its best performances in recent months. This surge was largely boosted by favorable macroeconomic news that triggered strong buying activity across the crypto market.
However, despite the strong price performance, recent data from Coinglass reveals signs of market instability. Cardano experienced over $7.79 million in total liquidations, with a significant majority of about $7.54 million coming from long positions. This means that many traders who bet on the price continuing to rise were forced to close their positions, likely due to sudden price rejections or high volatility.
In the short term, trading activity remains strong, with a 12% increase in 24-hour volume pushing it up to $2.54 billion. But not all indicators are positive. Open interest, which shows how many futures contracts are still active, has dropped by 8%, now standing at $1.28 billion. This decline suggests that fewer traders are keeping positions open, possibly hinting at a low confidence in further price gains.
The long/short ratio has slipped below 1 to 0.8829, meaning there are more short bets than long ones. About 53% of traders expect ADA to fall further. With sentiment turning bearish, selling pressure is rising, and ADA is struggling to break through its immediate resistance levels.
What’s Next for ADA Price?
Cardano (ADA) dropped below its 20-day exponential moving average (EMA) at $0.76, a sign that sellers might be gaining control.
There’s some support around $0.67, but if that fails, the price could fall further to $0.51
A break and close above the 20-day SMA would be the first sign of strength, showing that sellers are losing momentum. If that happens, buyers might try to push the price past the key resistance around the descending trend line.
A break above the trend line might send the ADA price soaring. A surge above the resistance line could begin an upward trend toward $1 for Cardano price.
Cardano (ADA) saw an impressive rally in July, gaining nearly 30% in value—one of its best performances in recent months. This surge was largely boosted by favorable macroeconomic news that triggered strong buying activity across the crypto market.
However, despite the strong price performance, recent data from Coinglass reveals signs of market instability. Cardano experienced over $7.79 million in total liquidations, with a significant majority of about $7.54 million coming from long positions. This means that many traders who bet on the price continuing to rise were forced to close their positions, likely due to sudden price rejections or high volatility.
In the short term, trading activity remains strong, with a 12% increase in 24-hour volume pushing it up to $2.54 billion. But not all indicators are positive. Open interest, which shows how many futures contracts are still active, has dropped by 8%, now standing at $1.28 billion. This decline suggests that fewer traders are keeping positions open, possibly hinting at a low confidence in further price gains.
The long/short ratio has slipped below 1 to 0.8829, meaning there are more short bets than long ones. About 53% of traders expect ADA to fall further. With sentiment turning bearish, selling pressure is rising, and ADA is struggling to break through its immediate resistance levels.
What’s Next for ADA Price?
Cardano (ADA) dropped below its 20-day exponential moving average (EMA) at $0.76, a sign that sellers might be gaining control.
There’s some support around $0.67, but if that fails, the price could fall further to $0.51
A break and close above the 20-day SMA would be the first sign of strength, showing that sellers are losing momentum. If that happens, buyers might try to push the price past the key resistance around the descending trend line.
A break above the trend line might send the ADA price soaring. A surge above the resistance line could begin an upward trend toward $1 for Cardano price.
#MarketPullback Why is the crypto market down today?
The crypto market dropped due to economic uncertainty – higher-than-expected inflation (2.8%), weak jobs data, and potential delayed Fed rate cuts caused investor panic despite long-term bullish indicators.
Is the crypto market bull run over after this crash?
No. On-chain data (ME Futures Premium, Pi Cycle Top) shows no overheating. Institutions are buying dips, and global liquidity trends remain bullish.
Are big investors still buying Bitcoin?
Yes. MicroStrategy added 20% more BTC, Coinbase accumulated 259 BTC, and BlackRock’s IBIT ETF drew $87B, signaling strong institutional confidence.
The crypto market dropped due to economic uncertainty – higher-than-expected inflation (2.8%), weak jobs data, and potential delayed Fed rate cuts caused investor panic despite long-term bullish indicators.
Is the crypto market bull run over after this crash?
No. On-chain data (ME Futures Premium, Pi Cycle Top) shows no overheating. Institutions are buying dips, and global liquidity trends remain bullish.
Are big investors still buying Bitcoin?
Yes. MicroStrategy added 20% more BTC, Coinbase accumulated 259 BTC, and BlackRock’s IBIT ETF drew $87B, signaling strong institutional confidence.
Crypto Market Crash Despite Bullish SEC News: What to Expect Next?
Is crypto in trouble? That’s the question everyone’s asking after Bitcoin plunged to $114,000 just hours after the SEC’s biggest announcement in years. But here’s the real answer: While short-term panic triggered a sharp sell-off, a deeper shift is unfolding.
The U.S. has officially embraced crypto regulation through the SEC’s new “Project Crypto” initiative, a move that could reshape the entire industry. So yes, the charts are red, but behind the fear lies a major opportunity.
What Caused the Sudden Crypto Market Crash?
The immediate cause was pressure from the broader economy. Core inflation rose to 2.8%, which was higher than expected. At the same time, former President Trump announced new tariffs on over 50 countries. This raised concerns that the U.S. could face both rising prices and slower economic growth at the same time.
Additionally, the revised jobs data showed U.S. job growth was much weaker than first reported, down by over 250,000 jobs for May and June.
This put the Federal Reserve in a tough spot, stuck between rising inflation and a weakening economy. As a result, any plans to cut interest rates may be delayed, which has shaken investor confidence.
Is the Crypto Bull Run Over?
No, despite the drop in prices, key on-chain signals show that we’re still in a strong position.
ME Futures Premium is holding above 8% for both Bitcoin and Ethereum, showing hedge funds are still active. This carry trade is a bullish sign and means there’s no sign of panic from big players.
Funding rates and liquidations remain stable. There’s no major leverage wipeout or warning of market overheating.
The Global M2 Money Supply, which tracks global liquidity, is rising. Bitcoin has a strong history of following this trend, suggesting the price may climb again soon.
The Pi Cycle Top Indicator, which accurately signaled previous market tops, shows we’re not close to the peak. The key moving averages haven’t crossed yet, meaning the bull market likely still has room to grow.
In short, the data says this isn’t the end; it’s a typical bull market correction.
Institutions are Buying the Dip
Strategy (formerly MicroStrategy) now holds 628,800 BTC after adding 20% more last quarter. CEO Michael Saylor said they plan to raise another $4.2 billion to buy more.
Coinbase added 259 BTC, bringing its total to 11,776.
BlackRock’s IBIT ETF brought in $87 billion from over 1 million new investors—most new to BlackRock.
A Deloitte survey shows 99% of CFOs at billion-dollar companies expect to use crypto long-term, and nearly 40% plan to use it for payments or investments within two years.
Conclusion
July was a strong month for both Bitcoin and Ethereum, but that momentum is now fading. Trading volumes are low, volatility is rising, and doubts are growing about the strength of recent gains. The real test comes on the FED’s August 7 Meeting, and August 12 CPI data could decide whether this correction ends or deepens.
The U.S. has officially embraced crypto regulation through the SEC’s new “Project Crypto” initiative, a move that could reshape the entire industry. So yes, the charts are red, but behind the fear lies a major opportunity.
What Caused the Sudden Crypto Market Crash?
The immediate cause was pressure from the broader economy. Core inflation rose to 2.8%, which was higher than expected. At the same time, former President Trump announced new tariffs on over 50 countries. This raised concerns that the U.S. could face both rising prices and slower economic growth at the same time.
Additionally, the revised jobs data showed U.S. job growth was much weaker than first reported, down by over 250,000 jobs for May and June.
This put the Federal Reserve in a tough spot, stuck between rising inflation and a weakening economy. As a result, any plans to cut interest rates may be delayed, which has shaken investor confidence.
Is the Crypto Bull Run Over?
No, despite the drop in prices, key on-chain signals show that we’re still in a strong position.
ME Futures Premium is holding above 8% for both Bitcoin and Ethereum, showing hedge funds are still active. This carry trade is a bullish sign and means there’s no sign of panic from big players.
Funding rates and liquidations remain stable. There’s no major leverage wipeout or warning of market overheating.
The Global M2 Money Supply, which tracks global liquidity, is rising. Bitcoin has a strong history of following this trend, suggesting the price may climb again soon.
The Pi Cycle Top Indicator, which accurately signaled previous market tops, shows we’re not close to the peak. The key moving averages haven’t crossed yet, meaning the bull market likely still has room to grow.
In short, the data says this isn’t the end; it’s a typical bull market correction.
Institutions are Buying the Dip
Strategy (formerly MicroStrategy) now holds 628,800 BTC after adding 20% more last quarter. CEO Michael Saylor said they plan to raise another $4.2 billion to buy more.
Coinbase added 259 BTC, bringing its total to 11,776.
BlackRock’s IBIT ETF brought in $87 billion from over 1 million new investors—most new to BlackRock.
A Deloitte survey shows 99% of CFOs at billion-dollar companies expect to use crypto long-term, and nearly 40% plan to use it for payments or investments within two years.
Conclusion
July was a strong month for both Bitcoin and Ethereum, but that momentum is now fading. Trading volumes are low, volatility is rising, and doubts are growing about the strength of recent gains. The real test comes on the FED’s August 7 Meeting, and August 12 CPI data could decide whether this correction ends or deepens.
#ADA Cardano Price Action and Key Levels:
Support Levels:
Immediate support: $0.7287–$0.74 (key demand zone).
Lower support: $0.60–$0.61, critical for maintaining bullish structure.
If $0.60 breaks, further downside to $0.538 or $0.52 is possible.
Resistance Levels:
Immediate resistance: $0.7828–$0.8279.
Major resistance: $0.85–$0.86; a break above could target $1.00–$1.08.
Long-term resistance: $1.20–$1.25, a psychological and historical barrier.
Technical Indicators
Moving Averages:
ADA is trading above its 20-day ($0.7614), 50-day ($0.7040), 100-day ($0.6982), and 200-day ($0.7000) exponential moving averages, indicating a strong bullish setup.
All major moving averages (MA5 to MA200) signal a Strong Buy with no sell signals.
Relative Strength Index (RSI):
Daily RSI is around 53.65–67%, suggesting bullish momentum but nearing overbought territory. A value above 67% indicates caution for potential pullbacks.
RSI on a 14-day timeframe is neutral, with no extreme overbought (>70) or oversold (<30) conditions.
MACD:
The MACD shows weakening bullish momentum on the daily chart, hinting at possible consolidation or a corrective pullback.
A downward crossover with RSI below 40 would confirm a bearish signal.
Bollinger Bands:
On the 1-day chart, ADA is testing the middle Bollinger Band (~$0.81), indicating indecision. A move above could signal continuation, while a drop below may lead to $0.78.
Chart Patterns
Bullish Engulfing Pattern: Observed on the weekly timeframe as of July 21, 2025, suggesting strong buyer momentum and potential to revisit $3 if the uptrend continues.
Wedge Pattern: ADA recently broke out of a falling wedge, a bullish pattern, with rising volume supporting a rally toward $0.86–$1.08 short-term.
Consolidation: The 4-hour chart shows choppy price action around $0.81, consolidating near support. Increased buying volume could push ADA to retest $0.85.
Trading Volume: 24-hour volume is $1.11 billion, up 26% recently, indicating sustained interest but lower than peak volatility periods.
Support Levels:
Immediate support: $0.7287–$0.74 (key demand zone).
Lower support: $0.60–$0.61, critical for maintaining bullish structure.
If $0.60 breaks, further downside to $0.538 or $0.52 is possible.
Resistance Levels:
Immediate resistance: $0.7828–$0.8279.
Major resistance: $0.85–$0.86; a break above could target $1.00–$1.08.
Long-term resistance: $1.20–$1.25, a psychological and historical barrier.
Technical Indicators
Moving Averages:
ADA is trading above its 20-day ($0.7614), 50-day ($0.7040), 100-day ($0.6982), and 200-day ($0.7000) exponential moving averages, indicating a strong bullish setup.
All major moving averages (MA5 to MA200) signal a Strong Buy with no sell signals.
Relative Strength Index (RSI):
Daily RSI is around 53.65–67%, suggesting bullish momentum but nearing overbought territory. A value above 67% indicates caution for potential pullbacks.
RSI on a 14-day timeframe is neutral, with no extreme overbought (>70) or oversold (<30) conditions.
MACD:
The MACD shows weakening bullish momentum on the daily chart, hinting at possible consolidation or a corrective pullback.
A downward crossover with RSI below 40 would confirm a bearish signal.
Bollinger Bands:
On the 1-day chart, ADA is testing the middle Bollinger Band (~$0.81), indicating indecision. A move above could signal continuation, while a drop below may lead to $0.78.
Chart Patterns
Bullish Engulfing Pattern: Observed on the weekly timeframe as of July 21, 2025, suggesting strong buyer momentum and potential to revisit $3 if the uptrend continues.
Wedge Pattern: ADA recently broke out of a falling wedge, a bullish pattern, with rising volume supporting a rally toward $0.86–$1.08 short-term.
Consolidation: The 4-hour chart shows choppy price action around $0.81, consolidating near support. Increased buying volume could push ADA to retest $0.85.
Trading Volume: 24-hour volume is $1.11 billion, up 26% recently, indicating sustained interest but lower than peak volatility periods.
#CreatorPad is a task-based and rewards-focused campaign platform where content creators can directly interact with crypto projects. Launched on Binance Square, this innovative tool offers content creators the following opportunities:
Complete a Task, Earn Rewards: Earn rewards by completing tasks like sharing specific messages, using hashtags, or engaging with targeted projects.
Complete a Task, Earn Rewards: Earn rewards by completing tasks like sharing specific messages, using hashtags, or engaging with targeted projects.
#ProjectCrypto The U.S. Securities and Exchange Commission (SEC) has officially announced “Project Crypto.” It is sweeping initiative to modernize and clarify how digital assets are regulated in the United States.
Unveiled by SEC Chair Paul Atkins during a landmark address at the America First Policy Institute, Project Crypto aims to bring clarity, innovation, and global competitiveness back to U.S. markets by transitioning them to an era of on-chain infrastructure and transparent crypto rules.
Fundamentally, Project Crypto is the most comprehensive revision to federal crypto regulation since blockchain’s inception.
To distinguish between a crypto security and a commodity, the SEC will offer clear definitions. In stark contrast to earlier SEC rulings under Gary Gensler, Atkins said that “the majority of crypto assets are not securities.”
New, customized disclosure guidelines and grace periods for network tokens, airdrops, and initial coin offerings (ICOs) intend to promote innovation by allowing early-stage initiatives to develop before coming under close regulatory scrutiny.
Older intermediary regulations are seeing revisions to take digital assets into consideration. People’s right to keep their cryptocurrency for themselves will receive recognition as a “core American value.”
For the first time, crypto exchanges, broker-dealers, and other intermediaries will be able to operate multiple services. These include security tokens, non-security tokens, staking, lending. This is possible under a single license—bringing America in line with global innovation hubs and slashing regulatory red tape.
The SEC will facilitate the tokenization of equities, funds, and real-world assets. This is in response to burgeoning institutional interest in blockchain-based securities and opening doors for traditional and digital finance to merge.
“Project Crypto” proposes exemptions to allow firms to pilot new crypto products without excessive fear of enforcement. This would reduce the infamous “regulation by enforcement” climate of past years.
Unveiled by SEC Chair Paul Atkins during a landmark address at the America First Policy Institute, Project Crypto aims to bring clarity, innovation, and global competitiveness back to U.S. markets by transitioning them to an era of on-chain infrastructure and transparent crypto rules.
Fundamentally, Project Crypto is the most comprehensive revision to federal crypto regulation since blockchain’s inception.
To distinguish between a crypto security and a commodity, the SEC will offer clear definitions. In stark contrast to earlier SEC rulings under Gary Gensler, Atkins said that “the majority of crypto assets are not securities.”
New, customized disclosure guidelines and grace periods for network tokens, airdrops, and initial coin offerings (ICOs) intend to promote innovation by allowing early-stage initiatives to develop before coming under close regulatory scrutiny.
Older intermediary regulations are seeing revisions to take digital assets into consideration. People’s right to keep their cryptocurrency for themselves will receive recognition as a “core American value.”
For the first time, crypto exchanges, broker-dealers, and other intermediaries will be able to operate multiple services. These include security tokens, non-security tokens, staking, lending. This is possible under a single license—bringing America in line with global innovation hubs and slashing regulatory red tape.
The SEC will facilitate the tokenization of equities, funds, and real-world assets. This is in response to burgeoning institutional interest in blockchain-based securities and opening doors for traditional and digital finance to merge.
“Project Crypto” proposes exemptions to allow firms to pilot new crypto products without excessive fear of enforcement. This would reduce the infamous “regulation by enforcement” climate of past years.
#ADA Cardano Short-Term Price Outlook
Bullish Scenario:
If ADA holds above $0.75 and breaks $0.85 with strong volume, it could target $0.90–$1.00 in the next 1–2 weeks, potentially reaching $1.08 if momentum sustains.
Catalysts like ETF approval news or positive developments from the Chang hard fork could accelerate this move.
Bearish Scenario:
A close below $0.75 could trigger a slide toward $0.70 or $0.65, with further support at $0.60–$0.61. A break below $0.538 would invalidate the bullish setup.
Weakening volume or negative market sentiment could exacerbate downside risks.
Most Likely Range: ADA is likely to trade between $0.75–$0.85 in the next 1–2 weeks, with a potential breakout toward $0.90 if bullish catalysts materialize.
Trading Strategy:
Long Trades:
Entry: Buy at support levels of $0.75–$0.77 or on a breakout above $0.85 with high volume.
Targets: $0.90, $1.00, and $1.08.
Stop-Loss: Below $0.73 to protect against a bearish breakdown.
Short Trades:
Entry: Consider shorting if ADA breaks below $0.75 with a MACD downward crossover or RSI below 40.
Targets: $0.70, $0.65, or $0.60.
Stop-Loss: Above $0.80 to limit losses if bullish momentum resumes.
Intraday: Trade within the range of $0.75–$0.85 until a clear breakout or breakdown occurs.
Key Levels to Watch
Support: $0.75, $0.70, $0.60–$0.61
Resistance: $0.85, $0.90–$1.00, $1.08
Fibonacci Level: $0.824 (50% retracement)
Conclusion:
Cardano (ADA) shows a mixed short-term outlook with bullish signals from the daily chart (trading above key EMAs, breakout from a falling wedge) but cautionary signs on the 4-hour chart (falling 50-day MA, weakening MACD).
The price is likely to consolidate between $0.75–$0.85 in the near term, with a breakout above $0.85 signaling a move toward $1.00 or higher, driven by ETF optimism and upcoming upgrades like the Chang hard fork.
However, a drop below $0.75 could lead to further declines toward $0.65 or lower. Monitor volume, RSI, and key support/resistance levels closely for confirmation of the next move.
Bullish Scenario:
If ADA holds above $0.75 and breaks $0.85 with strong volume, it could target $0.90–$1.00 in the next 1–2 weeks, potentially reaching $1.08 if momentum sustains.
Catalysts like ETF approval news or positive developments from the Chang hard fork could accelerate this move.
Bearish Scenario:
A close below $0.75 could trigger a slide toward $0.70 or $0.65, with further support at $0.60–$0.61. A break below $0.538 would invalidate the bullish setup.
Weakening volume or negative market sentiment could exacerbate downside risks.
Most Likely Range: ADA is likely to trade between $0.75–$0.85 in the next 1–2 weeks, with a potential breakout toward $0.90 if bullish catalysts materialize.
Trading Strategy:
Long Trades:
Entry: Buy at support levels of $0.75–$0.77 or on a breakout above $0.85 with high volume.
Targets: $0.90, $1.00, and $1.08.
Stop-Loss: Below $0.73 to protect against a bearish breakdown.
Short Trades:
Entry: Consider shorting if ADA breaks below $0.75 with a MACD downward crossover or RSI below 40.
Targets: $0.70, $0.65, or $0.60.
Stop-Loss: Above $0.80 to limit losses if bullish momentum resumes.
Intraday: Trade within the range of $0.75–$0.85 until a clear breakout or breakdown occurs.
Key Levels to Watch
Support: $0.75, $0.70, $0.60–$0.61
Resistance: $0.85, $0.90–$1.00, $1.08
Fibonacci Level: $0.824 (50% retracement)
Conclusion:
Cardano (ADA) shows a mixed short-term outlook with bullish signals from the daily chart (trading above key EMAs, breakout from a falling wedge) but cautionary signs on the 4-hour chart (falling 50-day MA, weakening MACD).
The price is likely to consolidate between $0.75–$0.85 in the near term, with a breakout above $0.85 signaling a move toward $1.00 or higher, driven by ETF optimism and upcoming upgrades like the Chang hard fork.
However, a drop below $0.75 could lead to further declines toward $0.65 or lower. Monitor volume, RSI, and key support/resistance levels closely for confirmation of the next move.
#ADA Cardano shorts takes back seat :
Recent data from CoinGlass revealed that Cardano saw total liquidations reaching $7,169,300 within the past 24 hours. While these liquidations have raised concerns about potential selling pressure, what is more alarming is the imbalance between long and short positions.
Notably, liquidations from long ADA holders came in at $6,560,000, as against only $609,300 from shorts. This created a $5,950,700 million gap, marking a 977% liquidation imbalance between ADA long and short traders.
The liquidation comes amid an ongoing ADA price rally. As of press time, the ADA price was trading at $0.78, up 1.4% over the previous day. Market activity for the coin also surged, as indicated by trading volume. This metric has increased by more than 36% to $1.2 billion.
How soon can ADA revisit $1?
ADA has attempted to hit the $1 mark multiple times earlier this month but remained stuck at the $0.80 level. On July 21, Cardano reached $0.935 but then lost steam. By July 28, ADA traded at a lower high of $0.856 before retreating once more.
Analysts attributed the coin’s failure to reach $1 to intense profit-taking. Traders locked in profits after a consistent rally in July, slowing upward momentum.
However, bulls are back, with ADA sustaining above the daily SMA 50 and 200 at $0.674 and $0.739. A successful breakout from $0.86 might see ADA rally toward the $0.90 and $0.95 range, before possibly revisiting $1.
Recent activities from ADA whales also add to the present dynamics. As U.Today reported, whales recently moved 271,092,516 ADA from the Coinbase crypto exchange to unknown wallets. This move suggests confidence from the whales as they hope for a big price shift in ADA.
Recent data from CoinGlass revealed that Cardano saw total liquidations reaching $7,169,300 within the past 24 hours. While these liquidations have raised concerns about potential selling pressure, what is more alarming is the imbalance between long and short positions.
Notably, liquidations from long ADA holders came in at $6,560,000, as against only $609,300 from shorts. This created a $5,950,700 million gap, marking a 977% liquidation imbalance between ADA long and short traders.
The liquidation comes amid an ongoing ADA price rally. As of press time, the ADA price was trading at $0.78, up 1.4% over the previous day. Market activity for the coin also surged, as indicated by trading volume. This metric has increased by more than 36% to $1.2 billion.
How soon can ADA revisit $1?
ADA has attempted to hit the $1 mark multiple times earlier this month but remained stuck at the $0.80 level. On July 21, Cardano reached $0.935 but then lost steam. By July 28, ADA traded at a lower high of $0.856 before retreating once more.
Analysts attributed the coin’s failure to reach $1 to intense profit-taking. Traders locked in profits after a consistent rally in July, slowing upward momentum.
However, bulls are back, with ADA sustaining above the daily SMA 50 and 200 at $0.674 and $0.739. A successful breakout from $0.86 might see ADA rally toward the $0.90 and $0.95 range, before possibly revisiting $1.
Recent activities from ADA whales also add to the present dynamics. As U.Today reported, whales recently moved 271,092,516 ADA from the Coinbase crypto exchange to unknown wallets. This move suggests confidence from the whales as they hope for a big price shift in ADA.
#FOMCMeeting Federal Reserve holds its benchmark rate steady at today's FOMC meeting:
The Federal Reserve said Wednesday it's keeping its benchmark interest rate unchanged, citing elevated uncertainty over the nation's economic outlook.
The decision to hold rates steady marks a continuation of the Fed's "wait-and-see" strategy this year, as it monitors the impact of the Trump administration's tariffs on consumer prices. But Wednesday's policy statement also underscored that the growth remains steady despite concerns about slowing economic activity.
"Although swings in net exports continue to affect the data, recent indicators suggest that growth of economic activity moderated in the first half of the year," the Federal Open Market Committee, the central bank's rate-setting panel, said in its statement. "The unemployment rate remains low, and labor market conditions remain solid. Inflation remains somewhat elevated."
Two voting FOMC members, Fed Governors Michelle Bowman and Christopher Waller, voted in favor of lowering the central bank's short-term rate — a rare show of dissent at the Fed, where monetary policy is generally set by consensus. It is the first time since 1993 that two member of the Fed's Board of Governors have voted against the chair, according to Capital Economics.
By the numbers
The central bank on Wednesday said it would maintain the federal funds rate at its current range of 4.25% to 4.5%. The last time the central bank cut interest rates was in December 2024, when it trimmed rates by 0.25 percentage points.
Wall Street had anticipated the Fed's decision, with economists pegging the probability the central bank would hold rates steady at 96%, according to financial data firm FactSet.
The Federal Reserve said Wednesday it's keeping its benchmark interest rate unchanged, citing elevated uncertainty over the nation's economic outlook.
The decision to hold rates steady marks a continuation of the Fed's "wait-and-see" strategy this year, as it monitors the impact of the Trump administration's tariffs on consumer prices. But Wednesday's policy statement also underscored that the growth remains steady despite concerns about slowing economic activity.
"Although swings in net exports continue to affect the data, recent indicators suggest that growth of economic activity moderated in the first half of the year," the Federal Open Market Committee, the central bank's rate-setting panel, said in its statement. "The unemployment rate remains low, and labor market conditions remain solid. Inflation remains somewhat elevated."
Two voting FOMC members, Fed Governors Michelle Bowman and Christopher Waller, voted in favor of lowering the central bank's short-term rate — a rare show of dissent at the Fed, where monetary policy is generally set by consensus. It is the first time since 1993 that two member of the Fed's Board of Governors have voted against the chair, according to Capital Economics.
By the numbers
The central bank on Wednesday said it would maintain the federal funds rate at its current range of 4.25% to 4.5%. The last time the central bank cut interest rates was in December 2024, when it trimmed rates by 0.25 percentage points.
Wall Street had anticipated the Fed's decision, with economists pegging the probability the central bank would hold rates steady at 96%, according to financial data firm FactSet.
#ADA Short-Term Outlook:
Bullish Case: If ADA holds above the $0.75 support and breaks the $0.82–$0.85 resistance, it could rally toward $1.00 or higher, potentially reaching $1.10–$1.31. Continued buying pressure and positive market sentiment could drive this move.
Bearish Case: A failure to hold $0.75 could lead to a drop toward $0.67 or $0.60, especially if broader market selling pressure increases. The recent 5.16% daily decline and overbought signals on shorter timeframes suggest a possible short-term correction.
Recommendations:
Traders: Consider long positions if ADA breaks and holds above $0.85 with strong volume, targeting $1.00–$1.10. Set stop-losses below $0.75 to manage downside risk. For short-term trades, monitor for overbought signals (e.g., RSI > 70) to avoid buying into a potential pullback.
Investors: Given the volatile short-term signals, focus on the strong monthly buy signal and long-term bullish fundamentals (e.g., Plomin Hard Fork, scalability upgrades). Accumulate on dips near support levels ($0.67–$0.75) for a longer-term hold.
Bullish Case: If ADA holds above the $0.75 support and breaks the $0.82–$0.85 resistance, it could rally toward $1.00 or higher, potentially reaching $1.10–$1.31. Continued buying pressure and positive market sentiment could drive this move.
Bearish Case: A failure to hold $0.75 could lead to a drop toward $0.67 or $0.60, especially if broader market selling pressure increases. The recent 5.16% daily decline and overbought signals on shorter timeframes suggest a possible short-term correction.
Recommendations:
Traders: Consider long positions if ADA breaks and holds above $0.85 with strong volume, targeting $1.00–$1.10. Set stop-losses below $0.75 to manage downside risk. For short-term trades, monitor for overbought signals (e.g., RSI > 70) to avoid buying into a potential pullback.
Investors: Given the volatile short-term signals, focus on the strong monthly buy signal and long-term bullish fundamentals (e.g., Plomin Hard Fork, scalability upgrades). Accumulate on dips near support levels ($0.67–$0.75) for a longer-term hold.
#XRP Max Pain Zone Locks XRP in $30 Million Trap
$30 million in XRP at risk as max pain zone narrows; Is popular cryptocurrency in trouble?
For XRP, the battleground is not some distant resistance or far-off support; it is right here, in the tight $3-$3.10 pocket, where nearly $30 million in leveraged bets are waiting to be liquidated, per CoinGlass. The market calls this the "max pain" zone, and XRP has just walked straight into it.
In the last month or so, there have been loads of long and short liquidations in this area. On the one hand, short positions start to unravel around $3.13.
On the other hand, short liquidations kick in at just under $3.03. That is less than a 3% difference between the two pressure points, which is basically a trap. When the price is going up or down in such a narrow range, someone is bound to lose out.
Liquidation heatmaps for Binance's XRP/USDT pair back this up. Some thick yellow bands showing high-leverage density stacked around $3.05 to $3.10.
It is a classic setup — the kind of high-stakes compression that often ends not with a blow but with a forced move triggered by cascading stop-outs. The XRP price has been stuck here for over 48 hours, which suggests that the pressure is building, not easing off.
XRP could well be next domino to fall
Zoom out to the one-month view and see even more concentration. There is a $3.67 short liquidation cluster hanging over us, and below $3.00, another batch of longs starts to look a bit vulnerable. This creates a middle ground that is a bit all over the place; there is no clear safety, just risks that overlap.
The moral of the story? This is not a range to trade in casually. With the liquidation thresholds being so tight and the leveraged volume so high, any decent push from market makers or a sudden influx of spot volume could trigger a chain reaction.
It is not about being optimistic or pessimistic anymore. It is about who can keep their head above water when things go wrong.
$30 million in XRP at risk as max pain zone narrows; Is popular cryptocurrency in trouble?
For XRP, the battleground is not some distant resistance or far-off support; it is right here, in the tight $3-$3.10 pocket, where nearly $30 million in leveraged bets are waiting to be liquidated, per CoinGlass. The market calls this the "max pain" zone, and XRP has just walked straight into it.
In the last month or so, there have been loads of long and short liquidations in this area. On the one hand, short positions start to unravel around $3.13.
On the other hand, short liquidations kick in at just under $3.03. That is less than a 3% difference between the two pressure points, which is basically a trap. When the price is going up or down in such a narrow range, someone is bound to lose out.
Liquidation heatmaps for Binance's XRP/USDT pair back this up. Some thick yellow bands showing high-leverage density stacked around $3.05 to $3.10.
It is a classic setup — the kind of high-stakes compression that often ends not with a blow but with a forced move triggered by cascading stop-outs. The XRP price has been stuck here for over 48 hours, which suggests that the pressure is building, not easing off.
XRP could well be next domino to fall
Zoom out to the one-month view and see even more concentration. There is a $3.67 short liquidation cluster hanging over us, and below $3.00, another batch of longs starts to look a bit vulnerable. This creates a middle ground that is a bit all over the place; there is no clear safety, just risks that overlap.
The moral of the story? This is not a range to trade in casually. With the liquidation thresholds being so tight and the leveraged volume so high, any decent push from market makers or a sudden influx of spot volume could trigger a chain reaction.
It is not about being optimistic or pessimistic anymore. It is about who can keep their head above water when things go wrong.
Login to explore more contents