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Shiba Inu experienced a significant increase in its burn rate alongside market volatility. Token burning could positively impact SHIB's long-term value by reducing supply. Continue Reading: Shiba Inu Celebrates Five Years with a Dramatic Token Burn Surge The post Shiba Inu Celebrates Five Years with a Dramatic Token Burn Surge appeared first on COINTURK NEWS .
After a sizzling hot July rally in which Solana's (SOL) price rose more than 40%, fast-paced blockchain is now attempting to reconcile with a summer of volatility. While August passes, DeFi activity on Solana has dropped off a precipice and SOL price retreated from all-time highs and investors find themselves wondering: will the bounce be imminent, or is Solana running out of magic? Euphoria to Caution: The July Explosion Solana's July speed was impossible to ignore. Investor, developer, and big DeFi protocol enthusiasm propelled the blockchain to new highs above $200, outperforming much of the crypto space. Volumes detonated and projects on Solana experienced record popularity, with many funds and platforms ringing in the ”Solana Summer” as the narrative of the year in 2025. But weeks later, the story has turned. SOL retreated hard to around $180 as a sequence of signs began to show that the rally had cooked. Daily active addresses started to drop, and Solana's DeFi total value locked (TVL) fell, pointing to waning risk appetite in the midst of more general market conservatism. DeFi Activity Solana's hypergrowth has always been followed by its active DeFi ecosystem. Decentralized lending, trading, and staking protocols made Solana a speedy, more affordable substitute for Ethereum. Recent data, however, show users taking a temporary pause: TVL is down, and deposit and borrowing volumes have thinned. Experts attribute this slump to several reasons. First, investors are dumping after gains in July. Second, the overall crypto market—still nervous after months of uncertainty—is pulling funds into more established blockchains and stablecoins. Solana's lightning-fast updates, while a core feature, have at times been accompanied by intermittent network congestion, which has made traders and developers momentarily doubt their investments. Technical Support and the Road Ahead Technically, Solana is currently trading above a major support level of $178. Most observers regard this area as important: if SOL holds firm here, then a bounce may be in the cards. In the meantime, future network upgrades scheduled for later in August promise higher throughput and stability, capabilities that may bring developers and users back to the platform. Institutional demand is a silver lining. Several funds that track blockchain performance have registered net inflows into Solana products even as speculation cooled. And several projects are taking advantage of this quieter time to roll out upgrades, roll out new DeFi protocols, and prepare for the next phase of adoption. One feature setting Solana apart is a large and passionate developer community. While on-chain activity drops, hackathons continue to draw new teams, and Solana NFT projects remain surprisingly resilient. The ecosystem's ability to rally when things are tough is seen by many as proof that Solana possesses longer-term upside beyond recent price action. Bull or Bear in August? So will Solana bounce back? Decision pending. Traders are monitoring $178 as the turning point; a decisive break above there might enable another rebound, while a drop below it could hasten the slide. Ultimately, Solana's fate may rest on both its technical performance in the next few weeks and broader trends across the crypto cosmos. After a few moments of euphoria, Solana receives its first serious test of the summer. As DeFi usage tapers and price momentum fades, peril and possibility loom. With technical advancements on the horizon and an engaged ecosystem that continues to improve, investors have basis for bullish caution. Whether Solana reverts to its torrid path—or continues to consolidate—will be made known as August unfolds.
Bitcoin traders are scrambling to get ahead of what could be a major market crash...
Seasoned market analyst CryptoBull has published a new technical forecast on XRP’s short-term trajectory. In a tweet accompanied by a chart showing the XRP/USD 4-hour time frame on Bitstamp, CryptoBull stated, “XRP will breakout of this bullish falling wedge and climb towards $4 within the next 2 days!” The chart highlights a falling wedge pattern that has been forming since mid-July, bounded by two descending trend lines converging at a point just beyond August 4. This pattern typically implies a potential reversal to the upside, and CryptoBull is projecting a sharp move that could take XRP up to the $4 level. At the time the chart was posted, XRP was trading near $2.99, with the candle formation remaining within the confines of the wedge. The price action has continued to compress as it approaches the apex of the pattern. #XRP will breakout of this bullish falling wedge and climb towards $4 within the next 2 days! pic.twitter.com/rTQwXQD5d1 — CryptoBull (@CryptoBull2020) August 1, 2025 Price and volume have declined, consistent with the formation of a falling wedge. Historical market behavior suggests that such setups often lead to a breakout, especially when met with increased volume near the wedge’s end. The chart’s structure visually reinforces the forecast, with both the lower and upper trend lines containing the price action, while converging toward early August. If the projected breakout occurs as indicated, the move to $4 would represent a roughly 33% increase from the current levels. XRP Community Weighs in with Varying Outlooks Other market participants responded to CryptoBull’s analysis with varying interpretations and expectations regarding timing and volatility. X user Adam Johnson commented , “Timescales are always dangerous, but I like the optimism!! I won’t hold you to it, kudos if you’re right and if not I’m sure it’s coming in the relatively short term.” His message conveyed cautious optimism. It highlights the difficulty in predicting precise breakout timing, while also expressing general agreement with the direction of the forecast. Another commenter, Mary Star, also provided her view, writing , “I think it could be something more like 3-5 days with the possibility of dropping as low as mid to high 2.70s first, but I’m pretty new to this so don’t trust what I say lol.” Her remarks suggested a slightly more conservative outlook, expecting a dip before a sustained upward move. Although she expressed less confidence in her prediction, her assessment still pointed toward eventual bullish momentum aligning with the structure highlighted by CryptoBull. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 XRP Key Price Levels and Chart Dynamics The price levels shown on the chart include horizontal lines marking significant ranges, particularly around the $3.00 zone, which currently serves as a key pivot area. The lower boundary of the wedge appears to provide structural support slightly above $2.80. A brief wick below this level is visible around July 24, but the price quickly rebounded back inside the wedge. On the upside, the declining resistance line has capped recent price attempts to rise, forming a tight range now nearing a breakout point. Volume bars below the candlesticks indicate waning trade activity during consolidation, a common feature before potential high-volatility moves. The 200-day moving average line is also visible but remains beneath the wedge, reinforcing the current consolidation as taking place above longer-term support. XRP Market Context and Near-Term Implications CryptoBull’s forecast comes at a time when XRP has shown resilience in holding above key support areas despite broader market fluctuations. The proposed $4 target , if achieved, would bring XRP closer to levels last observed during bull market cycles. The two-day time frame suggested by CryptoBull introduces a short-term trading hypothesis rather than a long-term investment thesis. While the final direction of the move remains contingent on confirmation from price and volume action, the falling wedge structure shown on the 4-hour chart meets established technical criteria for a bullish continuation pattern. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Analyst: XRP Will Break This Bullish Falling Wedge and Hit $4 In Next 2 Days appeared first on Times Tabloid .
In a rapidly evolving crypto market, discerning the smartest investment choice can be challenging. Cosmos (ATOM) and Celestia (TIA) attract attention with distinct features and growth potentials. This article dives deep into these tokens, examining their strengths and future prospects, to help determine which might offer the most promising returns today. Cosmos Market Review and Trade Levels Amid Price Volatility Cosmos gained 7.05% over the past month but declined nearly 27.88% in the last six months. The price fluctuated between $3.64 and $5.06, highlighting significant volatility in the market. A recent one-week drop of 9.28% added to the mixed outlook. Short-term strength occurred amid long-term challenges, keeping investors cautious. Indicators such as momentum and oscillators revealed uneven sentiment, indicating difficulties in maintaining a stable upward trend despite some positive activity. Cosmos trades near a support level at $3.07 and a resistance level around $5.90, with extended boundaries at $1.66 and $7.31, respectively. Market sentiment is cautious, as seen in the Awesome Oscillator and Momentum indicators showing negative values, while the RSI sits at 38.10. Although bearish pressures remain strong, recent gains suggest some buying interest. Price action lacks a firm trend, allowing for short-term trading opportunities within these levels. Traders may consider entering positions beyond the $5.90 resistance or initiating buys near the $3.07 support, using strict stop-loss strategies. Celestia Price Trends Amid Shifts and Volatility The past month TIA saw a noticeable burst with a 25.64% increase, contrasting with a challenging half-year performance marked by a 56.73% drop. Weekly movement fell by 7.30% during this volatile phase. Price fluctuations reflected underlying uncertainty, with temporary gains failing to sustain long-term momentum. Historical data shows a coin that has experienced rapid rallies followed by steep declines, highlighting the potential for quick recoveries and the risk of swift downturns. Recent swings suggest a market with reactive sentiment and mixed signals from technical indicators. Current prices trade between $1.25 and $2.20, with immediate support at $0.82 and resistance nearby at $2.72, while a secondary resistance appears at $3.66. The Awesome Oscillator at 0.02, along with slightly negative momentum of -0.51 and an RSI close to 42.72, indicate a market under mild selling pressure even as buyers eye potential entry points at lower levels. The price range creates opportunities for traders looking to capitalize on short-term reversals or breakouts. A trade setup could involve careful entries near support and monitoring the resistance level for any convincing bullish breakout, while the mixed technical picture suggests caution until a clear directional trend emerges. Conclusion ATOM offers a strong foundation and a well-established ecosystem. It is supported by a robust team and has a clear development plan. TIA , on the other hand, presents innovative concepts and potential for future growth. However, it is still in its early stages and carries some inherent risks. Both coins have unique strengths. ATOM is a safer bet for those looking for stability and sustained progress. TIA may appeal to those seeking potential high rewards despite initial uncertainties. Making a decision depends on individual investment goals. Both coins offer promising opportunities in their own right. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
As the market heats up, Mutuum Finance (MUTM) and Shiba Inu (SHIB) are quietly exploding on crypto watchlists, as top cryptos under $1 to buy in August. MUTM is in phase 6 of its presale at $0.035, up 16.67% from phase 5 price. The next phase will see price go up by 14.29% to $0.04. Investors who buy Mutuum Finance today can make a 71.43% return when the project goes live at $0.06. More than 14,800 investors have bought presale. Mutuum Finance has already generated more than $13.9 million. Mutuum Finance and Shiba Inu are tipped as cryptos with the biggest wealth-creation potential in 2025. Shiba Inu (SHIB) Dips as Meme Coin Weakens Shiba Inu is currently trading at approximately $0.0000143, down around 9–16% over the past week, as it erased much of July’s gains amid a broader pullback in meme‑coin sentiment. Open interest has declined by over $100 million, and Shibarium’s TVL has shrunk sharply, suggesting waning trader confidence despite recent large token burns aimed at reducing supply. However, mid-term forecasts show SHIB could explode to hit $0.0001 before the end of the bull run. In the current environment, where speculative meme assets are fading and utility becomes the focus, investor attention is also pivoting toward functional DeFi tokens like Mutuum Finance. Secure Your MUTM Tokens, Phase 6 Presale Has Started Mutuum Finance (MUTM) has caught the DeFi market by storm with its dual lending technology. Phase 5 of its presale has completely sold out, now in phase 6 at $0.035. The next phase will be at $0.04 a 14.29% increment from current price. Early investors have witnessed aggressive momentum towards the project. Mutuum Finance (MUTM) has raised over $13,900,000 and token holders have surpassed 14800. Mutuum Finance (MUTM) Launches $50,000 Bug Bounty Program Mutuum Finance (MUTM) has also initiated an Official Bug Bounty Program with CertiK. The project will be offering $50,000 USDT to bug hunters for reporting the potential bugs in the project. The bounty program will be covered in each of the categories of vulnerabilities. It is provided in the four levels of severities, critical, major, minor and low. The project demonstrates the clear intention of the team towards investor trust. $100K Rewards Up for Grabs Mutuum Finance has also launched a $100,000 giveaway for the chance to receive a huge investor base. 10 people are set to receive $10,000 tokens of Mutuum Finance (MUTM) each. Besides bringing new investors onto the platform, the giveaway also shows the project’s commitment to building a loyal and long-term community. Security and Stability The project has also been audited thoroughly by Certik to ensure blockchain security and safety of user funds. This is a success for the vision of Mutuum Finance (MUTM) to be an institutional-grade and open DeFi protocol. Shiba Inu (SHIB) is grabbing headlines with potential rally in 2025. In contrast, Mutuum Finance (MUTM) is accelerating. Now priced at $0.035 in Phase 6, it’s up 16.67% from the previous round. The next jump to $0.04 means a 14.29% price increase is coming soon. Launch price is locked at $0.06, giving early investors a 71.43% ROI. With over 14,800 holders and $13.9 million raised, interest is only growing. Backed by CertiK audit, a $50K bug bounty, and a $100K token giveaway, MUTM could be one of the best cryptos under $1 this year. Don’t miss the breakout, grab your tokens before Phase 6 ends. For more information about Mutuum Finance (MUTM) visit the links below: Website: https://mutuum.com/ Linktree: https://linktr.ee/mutuumfinance
Key takeaways : Binance coin price prediction for 2025 indicates that the coin’s price could reach a maximum price of $1,368.22. The Binance coin price prediction for 2028 projects a maximum price of $3,648.58 and a minimum price of $3,192.51. By 2031, BNB’s price could surge to $5,928.95 with broader acceptance in mainstream finance. After notable changes in its executive team, Binance has shown resilience and prospects for recovery. The departure of Changpeng Zhao, Binance’s CEO, who was also embroiled in legal challenges, initially caused a decline in the value of Binance coin (BNB). Despite this initial setback, the cryptocurrency has shown a positive trend. What’s next for BNB in the remainder of 2025 and beyond? What can be the future price movements? Let’s get into the BNB price prediction and technical analysis. Overview Cryptocurrency Binance coin Token BNB Price $753.6 (-2.08%) Market Cap $104.94 Billion Trading Volume (24-hour) $2.53 Billion Circulating Supply 139.28M BNB All-time High $858.34 July 28, 2025 All-time Low $0.09611 Oct 19, 2017 24-hour High $774.35 24-hour Low $747.88 Binance coin price prediction: Technical analysis Metric Value Price Prediction $835.29 (8.89%) Price Volatility 7.77% 50-Day SMA $696.79 14-Day RSI 52.97 Sentiment Neutral Fear & Greed Index 55 (Greed) Green Days 18/30 (60%) 200-Day SMA $630.71 Binance coin price analysis: BNB corrects to $753.6 TL;DR Breakdown: Binance Coin price analysis confirmed a downtrend as BNB dropped toward $753.6. Cryptocurrency lost 2.08% of its value. BNB coin targets support at the $734.1 level. On August 2, 2025, Binance Coin price analysis revealed a bearish trend. The coin’s value decreased to $753.6 in the past 24 hours. According to an overall analysis, the cryptocurrency lost a minimal 2.08 percent of its worth. The coin reported significant gains until July 28, 2025, when it marked a new all-time high of $858.34. It now seems to be correcting from its ATH as bullish sentiments wear off. BNB/USDT price analysis on the daily timeframe The one-day price chart of Binance Coin confirmed a downward trend in the market. The cryptocurrency’s value has depreciated to $753.6, the low for the day. Red candlesticks on the price chart signify a continuous selling pressure in the market. The distance between the Bollinger Bands defines the volatility. This distance is narrowing, leading to decreased volatility. Moreover, the upper limit of the Bollinger Bands indicator, indicating resistance, has shifted to $845.3, whereas its lower limit, serving as the support, has moved to $682. BNB/USDT Price Chart. Source: TradingView The Relative Strength Index (RSI) indicator is trending in the neutral area. The indicator’s value has decreased to index 51.43 in the past 24 hours. This decrease confirms rising selling activity in the market. If the RSI level BNB price analysis on a 4-hour chart The four-hour price analysis of Binance Coin also confirmed a decreasing trend for the cryptocurrency. The BNB/USD value has dipped to $753.6 in the past few hours. A downswing was also observed a few hours back, and currently, the bears are trying to maintain their lead. The Bollinger Bands are slowly diverging, resulting in increasing volatility. The increasing volatility signifies a higher chance of an upcoming reversal. Moving ahead, the upper Bollinger Band has shifted to $814.7, indicating the resistance point. Conversely, the lower Bollinger Band has moved to $748.6, marking the immediate support level. BNB/USDT price chart. Source: TradingView The RSI indicator is in the oversold area for now. The indicator’s value has decreased to 29.78 in the past few hours. However, this oversold condition shows a possibility for a rebound as sellers become exhausted. A rebound above the Bollinger Band’s lower limit might renew buying demand. BNB technical indicators: Levels and action Daily simple moving average (SMA) Period Value ($) Action SMA 3 711.80 BUY SMA 5 761.58 SELL SMA 10 779.77 SELL SMA 21 754.85 SELL SMA 50 696.79 BUY SMA 100 671.44 BUY SMA 200 630.71 BUY Daily exponential moving average (EMA) Period Value ($) Action EMA 3 742.17 BUY EMA 5 715.57 BUY EMA 10 679.72 BUY EMA 21 648.28 BUY EMA 50 630.92 BUY EMA 100 631.83 BUY EMA 200 622.80 BUY What to expect from Binance coin price analysis? Binance Coin price analysis gives a bearish prediction regarding ongoing market events. The coin’s value has decreased to $753.6 in the past 24 hours. If sellers continue to push the price downward, a strong decline toward $682 might emerge. On the other hand, if buyers defend the immediate support at $748 level strongly, BNB price might see strong buying demand around the dip. As a result, the next target could be $845. Is BNB a good investment? Considering the recent price moves, purchasing Binance coins and holding them for an extended period could yield significant returns. From a five-year plan standpoint, it is projected to see a large increase, possibly rising above $5,928.95 in 2031. However, financial choices shouldn’t be made exclusively based on our data. Why is BNB down? BNB found resistance, and the price moved toward $753.6. Moreover, the cryptocurrency has lost up to 2.08 percent of its value if looked at from an overall view. Will BNB reach $800? Most crypto analysts, including WalletInvestor and Coincodex, are bullish on BNB. According to Binance coin price prediction, its price is expected to cross the $800 mark in 2025, which would be higher than the current Binance coin price. Will BNB reach $2000? Currently, BNB is feeling pressure from legal challenges around its ecosystem. However, as these issues are settled by next year, the coin’s price is expected to start a bull run. As per the Binance coin price prediction, BNB will reach $2000 at the start of 2026. Will BNB reach $3000? Binance allows users to save up to 25% on spot margin trading fees by using BNB. Another factor is that users can save up to 10% on future trading expenditures with the token, which makes it a primary choice. Binance also uses a significant portion of its earnings to buy back BNB. The burning process also decreases the token supply and increases demand, which is expected to increase in value above $3000 in 2028, according to Binance coin price prediction. Does BNB have a good long-term future? All cryptocurrencies involve risks and uncertainties. However, BNB has a strong market position and a management team that runs the world’s largest cryptocurrency exchange. BNB has the potential for increased utility and is expected to retain a strong position in the cryptocurrency sphere. Binance coin price prediction suggests that holding it for the long haul is a good option, with tenfold expected returns in five years and the price reaching $5,928.95 by 2031. Recent news/opinion on BNB BNB Chain has become the most active network over the past three months. It has processed over 429 million stablecoin transactions each month, which accounts for over a 30% market share. BNB Chain achieved this status when it flipped Solana in mid-May. 🚀 @BNBCHAIN has been the most active network over the past three months. Since flipping Solana in mid-May, it has processed ~429M stablecoin transactions per month, accounting for over 30% share 👀 pic.twitter.com/MX4CQ87Way — CoinMarketCap (@CoinMarketCap) July 31, 2025 Polytrade is now live on BNB Chain. Polytrade said in a post that, with its fast transaction times, more liquidity, and low fees, users can scale real-world assets (RWAs) with access to one of the most active retail-driven ecosystems. We are thrilled to announce that Polytrade has arrived at @BNBCHAIN . With lightning fast transactions, low fees & massive liquidity, it’s the perfect highway for scaling RWAs, with access to one of the most active, retail driven ecosystems. RWAs from @BNBCHAIN are finding a… pic.twitter.com/bbC40aa2nU — Polytrade (@Polytrade_fin) July 29, 2025 On August 1, 2025, Binance added TREE, A2Z, KERNEL, and SPK as new loanable and collateral assets on Binance Loans. Binance added TREE, A2Z, KERNEL, and SPK as new Loanable and Collateral Assets on Binance Loans. 👉 https://t.co/VfmSQ92uRZ — Binance (@binance) August 1, 2025 BNB price predictions for August 2025 According to expert analysis, Binance coin could reach a maximum price of $855.5 in August 2025. The average trading price is expected to be $730.2 for the month, while the lowest it can go is $574.6. Period Potential Low Potential Average Potential High Binance coin price prediction August 2025 $574.6 $730.2 $855.5 BNB price prediction 2025 According to the Binance coin price prediction for 2025, BNB might reach a minimum price of $452. The maximum price can reach $1,368.22, with an average trading price of about $1,140.18. Period Potential Low Potential Average Potential High 2025 $452 $1,140.18 $1,368.22 BNB price prediction 2026 – 2031 Year Minimum Price Average Price Maximum Price 2026 $1,672.27 $1,900.30 $2,128.34 2027 $2,432.39 $2,660.43 $2,888.46 2028 $3,192.51 $3,420.55 $3,648.58 2029 $3,952.63 $4,180.67 $4,408.71 2030 $4,712.76 $4,940.79 $5,168.83 2031 $5,472.88 $5,700.91 $5,928.95 Binance coin price prediction 2026 In 2026, BNB may scale to a maximum of $2,128.34, with an average price of $1,900.30 and a minimum of $1,672.27. Binance coin price prediction 2027 For 2027, the Binance Coin price forecast suggests that BNB could achieve a maximum valuation of $2,888.46, with an average trading price of $2,660.43 and a minimum of $2,432.39. Binance coin price prediction 2028 In 2028, BNB is projected to have a maximum price of $3,648.58, an average price of $3,420.55, and a minimum value of $3,192.51. Binance coin price prediction 2029 By 2029, BNB could reach a maximum of $4,408.71, with an average trading price of $4,180.67 and a minimum of $3,952.63. Binance coin price prediction 2030 In 2030, BNB may attain a maximum valuation of $5,168.83, with an average price of $4,940.79 and a minimum of $4,712.76. Binance coin price prediction 2031 Binance coin (BNB) could reach a maximum price of $5,928.95 in 2031, with an average value of $5,700.91 and a minimum of $5,472.88. Binance coin price prediction 2025 – 2031 BNB market price prediction: Analysts’ BNB price forecast Firm Name 2025 2026 DigitalCoinPrice $1,665.12 $1,969.17 CoinCodex $1,171.39 $1,261.93 Cryptopolitan’s BNB price prediction Our forecast shows that Binance coin will achieve a high price of $1,368.22 by the end of 2025. In 2026, BNB’s price will range between $1,672.27 and $2,128.34. In 2031, it will range between $5,472.88 and $5,928.95, with an average of $5,700.91. It is important to consider that the predictions are not investment advice. Professional consultation is suggested before investing in the volatile market. Binance Coin historic price sentiment Binance Coin (BNB) was launched in July 2017 through an Initial Coin Offering (ICO), with an initial price of around $0.10, according to historical crypto market data. As a utility token for the Binance cryptocurrency exchange, it offered users reduced trading fees. In late 2017, BNB’s price significantly increased and reached its first major peak in January 2018, hitting approximately $24. However, it experienced a decline following the broader market correction. BNB price history | Coingecko Throughout 2018 and 2019, BNB’s price experienced gradual growth as the BNB market soared. In 2018, BNB traded near $13 for most of the year but dropped to $5 by December. However, BNB reached above $30 in June 2019. Despite the global economic uncertainty caused by the COVID-19 pandemic, BNB maintained relative stability and saw an upward trend in 2020. Due to the growing popularity of Binance as an exchange and the expansion of its ecosystem, the coin touched the $34 range in November 2020. BNB experienced a significant bull run in early 2021, reaching a high above $600 in May 2021. Positive market sentiment helped improve its market cap, which remained at an all-time high until recently. Binance Coin’s price dynamics in 2022 were characterized by volatility and were influenced by a combination of macroeconomic factors and regulatory developments around the Binance exchange, which led to a bearish scenario. This took BNB to less than $220 in June and an average price of $250 in December. BNB remained a significant player in the cryptocurrency market in 2023, recovering to about $350 in April. However, it soon lost momentum, reaching about $205 in October. In late December, BNB climbed back to about $325. At the beginning of 2024, Binance Coin (BNB) traded near $300, surged to an all-time high of $717.48 in June, fluctuated between $488 and $661 through the year, and closed December at $700.3. In January 2025, BNB maintained an average price of $697, but it decreased to $589 by the end of February. BNB traded near the psychological mark of $600 in March and April 2025, and it reached above $650 in May, while it marked a new ATH of $858.34 on July 28. Heading into August, BNB is trading at approximately $767.
With Bitcoin’s hashrate near all-time highs, solo miners continue to land full block rewards, thanks to efficient ASICs and a heavy dose of luck.
XRP’s technical structure is signaling further losses ahead after the asset plunged below the psychological $3 mark. The breakdown below $3 follows a failed attempt to hold above the $3.50 resistance level, which had capped the asset’s rally in late July. The sharp rejection from this area has flipped the short-term trend bearish, with XRP now eyeing lower support levels. According to analysis by Ali Martinez in an X post on August 2, the next key area to watch is between $2.55 and $2.40, levels that acted as a strong consolidation zone in April and early May. XRP price analysis chart. Source: TradingView Now, a sustained drop below this range could open the door for a retest of the $1.90 level, last seen in early April. On the upside, $3 now acts as fresh resistance. To this end, unless bulls can reclaim this level quickly, the path of least resistance remains bearish. It’s worth noting that several factors triggered XRP’s plunge below the $3 mark amid broader bearish sentiment across the cryptocurrency market . In this case, on Friday, markets were rattled by a disappointing U.S. jobs report. Just prior, the White House imposed sweeping global tariffs, unsettling investors. Later in the day, President Donald Trump escalated tensions by ordering nuclear submarines near Russian waters in response to threats from a Russian official, causing risk assets to retreat. XRP price analysis At press time, XRP was trading at $2.94, down about 0.13% in the past 24 hours and over 8% on the weekly chart. XRP seven-day price chart. Source: Finbold At its current price, XRP maintains a modest premium over its 50-day simple moving average ( SMA ) of $2.64 and a significant gain over the 200-day SMA of $1.87. This positioning above both key SMAs suggests a sustained bullish trend in both the short and long term. On the other hand, the 14-day Relative Strength Index ( RSI ) stands at 50.23, indicating neutral momentum. This suggests that XRP is neither overbought nor oversold at the moment. Featured image via Shutterstock The post XRP set for further losses after crashing below $3; New price levels to watch appeared first on Finbold .