Bitcoin has broken out from its bull flag and is surging up towards the all-time high at $123,200. Currently at a price of around $122,000, it probably won’t be long before the high is broken. Is $130,000 likely to be the next pitstop? It’s been a while coming, but it does finally look like Bitcoin is on its way again. The king of the cryptocurrencies spent just short of 4 weeks inside a bull flag before breaking out and confirming the breakout on Sunday. Currently surging higher, Bitcoin has the formality of breaking past its all-time high and launching into price discovery once again. Strong $BTC breakout on 4-hour chart Source: TradingView Looking at the $BTC price on the short-term 4-hour chart it can be observed that the breakout is strong and as far as price action is concerned things appear to be going to plan for the bulls. However, the indicators at the bottom of the chart are signalling that the gas tank is starting to empty. That said, the Stochastic RSI indicators can probably continue as they have been doing since the price dropped to the low, while the RSI indicator still needs to climb above the last high at 85.21 in order to avoid bearish divergence. Daily RSI signals more upside price action Source: TradingView In the daily time frame the RSI illustrates two key signals for the last two breakouts. Looking left to the previous bull flag it can be seen how the low in the RSI matched the low in the price action, and also how the breakout and confirmation of the descending trendline matched the initial surge in the price action. As can be observed above, the same thing has now just taken place for this current bull flag. It might be expected that the indicator line travels back into the overbought territory like it did before, signalling more upside for the $BTC price action. $BTC embarks on its journey to $150,000 Source: TradingView The weekly chart reveals the inverse head and shoulders pattern that appears to be playing out nicely. The price broke through the neckline of the pattern, returned to confirm the breakout, and is now rising higher. The measured move for this pattern is pretty much exactly $150,000. $130,000 could just be the next pitstop on the way. At the bottom of the chart, the Relative Strength Index (RSI) shows how the indicator line is rising to meet the descending trendline once again. This would be a very good time for the indicator line to finally breach the downtrend. If it does so, expect a decent surge in the price action above. That said, the indicator line will need to continue up and get above the last high at 88.40 in order to avoid bearish divergence. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
2025 has seen fierce competition among meme coins in the cryptocurrency market, with PEPE holding on as one of the top Ethereum-based tokens. But the emergence of Layer Brett ($LBRETT) brings a formidable challenger, prompting speculation about a potential shift in the meme coin hierarchy. This analysis examines the latest Pepe coin price data, performance metrics, and narrative catalysts, while directly comparing PEPE to $LBRETT, and referencing other major competitors: Shiba Inu, Dogecoin, Bonk, and Brett Original. PEPE: Status, Price Performance & Catalysts As of August 9, 2025, the PEPE coin price was approximately $0.00001228, with a notable 24-hour increase of 9.28% and a 7-day gain of around 9.30%. In the past 12 months, PEPE has achieved an impressive 43.73% growth, resulting in a market cap fluctuating between $5.15 billion and $5.19 billion. The circulating and max supply remain fixed at 420.69 trillion coins. PEPE is consistently ranked between #36 and #38 by market cap on major platforms, situating it among the elite Ethereum meme coins. Recent catalysts, such as Bitnile’s acceptance of PEPE for payments, robust social media momentum, and speculative projections of a $100 billion market cap, have fueled bullish sentiment assisting the PEPE coin price. The technical landscape is currently supported by a Fear & Greed index of 74 (“Greed”), and whale accumulation is reportedly on the rise. High liquidity and exchange activity further underscore PEPE’s ongoing relevance among meme tokens. $LBRETT: Ethereum Layer 2 Ambitions and Utility Layer Brett ($LBRETT) positions itself as a next-generation Ethereum Layer 2 meme coin, aiming to combine meme culture with scalable utility. Its max supply is confirmed at 10 billion tokens, with its presale having raised $150,000+ thus far. $LBRETT’s ecosystem is designed to incorporate advanced utility and gamified staking, with APY at 20,000% for early investors. Promotional narratives position $LBRETT as a contender for the “ next 100x meme coin ” and a potential disruptor of PEPE’s dominance. Ethereum L1 fees remain volatile, often exceeding $10-$20 during peak congestion, while Layer 2 solutions like $LBRETT aim to deliver lower costs. Community engagement for $LBRETT is rising, but it is still less established than PEPE, which maintains high visibility and active social sentiment. Comparative Analysis: PEPE vs. $LBRETT and Key Meme Coin Competitors PEPE currently holds a decisive lead in both market cap and public recognition. $LBRETT though, is actively marketed as a serious upstart within the Ethereum meme coin ecosystem. It seems as though the new challenger $LBRETT’s strategic positioning as an Ethereum Layer 2 project with a capped supply offers a differentiated narrative. Competitor coins like Shiba Inu, Dogecoin, Bonk, and Brett Original continue to shape the meme coin landscape. PEPE’s established track record and liquidity make it the current standard, but the speculative energy around $LBRETT and its Layer 2 ambitions reflect the broader market trends toward scalability, lower fees, and novel staking mechanisms. Conclusion: Is PEPE’s Reign Threatened? Even with its ongoing bullish momentum and strong market cap, PEPE faces growing competition from $LBRETT and other meme coins. $LBRETT’s strategic focus on Ethereum Layer 2 scalability, capped supply, and meme utility could challenge PEPE’s status as Ethereum’s #1 meme coin as ecosystem development progresses. Layer Brett’s $1 million giveaway is accelerating community traction and its no KYC policy is attracting attention. For now, PEPE remains the benchmark, but the evolving landscape signals a dynamic contest for meme coin supremacy. Secure $LBRETT early—position for tomorrow’s gains. Website: https://layerbrett.com Telegram: https://t.me/layerbrett X: (1) Layer Brett (@LayerBrett) / X Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
A regulatory update that places XRP within a commodity framework has prompted sharp disagreement from certain corners of the cryptocurrency community, notably among some Chainlink supporters. The dispute focuses on how tokens should be categorized and the practical consequences of classification decisions. Vet (@Vet_X0), a validator on the XRP Ledger, summarized the reaction by stating that many participants “see no difference between issued and native assets”, a phrase that reflects a broader skepticism about differentiated treatment. LINK marines were offended that XRP is not a security. They see it as a negative. they see no difference between issued and native assets. Memes/BTC/XRP are the same for them. digest this for a sec. — Vet (@Vet_X0) August 9, 2025 CFTC Listing And Contract Mechanics Official filings indicate that the Commodity Futures Trading Commission has recognized XRP as a commodity for regulated Event Contracts. These contracts permit short-interval speculative positions that settle against a spot reference price provided by an external data provider. The designation places XRP within a derivatives framework rather than under securities rules. The Event Contracts allow traders to take positions on XRP’s price over short periods. The final payout is calculated using the average price from a trusted data provider, Lukka Inc., listed in the filings as “U-XRP.” Each contract has a maximum payout, meaning potential gains or losses are limited. These features are intended for quick, regulated trades rather than long-term investing. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Community Perspective And Objections Critics aligned with the LINK Marines raised two principal objections. First, they argued that a non-security classification for XRP reduces the scope of legal safeguards associated with securities regulation. Second, they rejected the division between issued tokens and native network tokens, asserting that issuance mechanisms and governance structures merit similar regulatory consideration across token types. Vet’s remarks exemplify these points and signal persistent community doubts about the benefits of the new classification. What Does This Mean For Market Participants? Designating XRP as a commodity for Event Contracts may facilitate wider institutional participation by offering recognized pathways for derivatives trading. This recognition could open avenues for futures and options under CFTC oversight , potentially increasing liquidity and formal infrastructure for XRP. For XRP supporters like Vet, the classification affirms the asset’s legitimacy in regulated markets and highlights meaningful differences between asset types. While some communities remain unconvinced, the legal battle between Ripple and the SEC is now over , and XRP’s status as a non-security is set in stone. Proponents view the CFTC’s move as a step toward broader acceptance and sustained market growth. Follow us on X , Facebook , Telegram , and Google News The post XRP Acknowledgement As Commodity By CFTC Faces Criticism appeared first on Times Tabloid .
Capital B (The Blockchain Group), an artificial intelligence and bitcoin treasury company listed on Euronext Growth Paris, has confirmed the acquisition of 126 BTC for approximately $14.4 million (€12.4 million), bringing its total holdings to 2,201 BTC valued at around $233.6 million (€201.5 million). This follows the completion of two capital increases: one at approximately
BitcoinWorld Ethereum Holders’ Triumphant Moment: 97% Are Profitable! Imagine a scenario where nearly everyone involved in a major financial asset is seeing green. For Ethereum holders , this is not a dream but a current reality. Recent data reveals a truly remarkable statistic: a staggering 97% of all Ethereum (ETH) holders are currently in profit, while only a mere 1% are facing losses. This incredible insight comes from Sentora, formerly known as IntoTheBlock, a leading blockchain analytics firm. They shared this compelling chart on X, highlighting the robust health of the Ethereum ecosystem. Such a high percentage of profitability signals strong market conviction and resilience for the second-largest cryptocurrency by market capitalization. Understanding the Phenomenon: Why Are Ethereum Holders So Profitable? This impressive profitability for Ethereum holders is not accidental. Several key factors contribute to Ethereum’s sustained strength and investor confidence. The network has undergone significant upgrades, such as The Merge, which transitioned Ethereum from a proof-of-work to a proof-of-stake consensus mechanism. This move drastically reduced its energy consumption and paved the way for future scalability improvements. Moreover, Ethereum’s vibrant ecosystem continues to expand at an astonishing pace. It remains the backbone for decentralized finance (DeFi), non-fungible tokens (NFTs), and numerous decentralized applications (dApps). This widespread utility drives demand for ETH, as it is essential for transaction fees and staking within the network. The consistent development and adoption of Layer 2 scaling solutions, like Arbitrum and Optimism, further enhance Ethereum’s capacity and reduce transaction costs. These innovations make the network more accessible and efficient for everyday users, bolstering its long-term value proposition. Navigating the Current ETH Price Landscape The current ETH price reflects this underlying strength and positive sentiment. While cryptocurrencies are known for their volatility, Ethereum has shown remarkable resilience and upward momentum over recent cycles. This steady appreciation has allowed a vast majority of its long-term investors to accumulate significant gains. Observing the crypto market , Ethereum often acts as a bellwether, influencing broader trends. When ETH performs strongly, it tends to instill confidence across the entire digital asset space. This creates a positive feedback loop, attracting new investors and encouraging existing ones to hold onto their assets. Blockchain analytics firms like Sentora provide crucial insights by tracking on-chain data, offering transparency into market dynamics that traditional finance often lacks. Their reports help investors understand the true state of asset distribution and profitability. What Does This Mean for Your Digital Asset Investment? For anyone considering or already engaged in digital asset investment , Ethereum’s current profitability metrics offer valuable lessons. It underscores the potential for substantial returns in the cryptocurrency space, especially for foundational assets with strong utility and active development. However, it is crucial to remember that past performance does not guarantee future results. The crypto market remains dynamic and can experience rapid shifts. Therefore, a well-informed approach is essential. Do your own research: Understand the technology, use cases, and risks associated with any investment. Consider diversification: Do not put all your eggs in one basket. Spread your investments across different assets. Long-term perspective: Many successful Ethereum holders have benefited from a long-term holding strategy, weathering market fluctuations. The Broader Crypto Market Impact Ethereum’s impressive profitability record sends a powerful message across the entire crypto market . It highlights the maturity and growing stability of leading digital assets. This statistic can attract more institutional interest and mainstream adoption, as traditional investors seek opportunities in a demonstrably profitable sector. The confidence among Ethereum holders can also lead to increased liquidity and reduced selling pressure, further stabilizing the asset’s price. This positive outlook contributes to a more optimistic environment for the broader cryptocurrency landscape, potentially paving the way for further innovation and growth. The fact that 97% of Ethereum investors are in profit is a testament to the network’s enduring strength, utility, and the sustained interest from its dedicated community. It paints a vibrant picture of the current state of the digital asset investment world, offering a compelling narrative of success for those who have believed in Ethereum’s vision. Frequently Asked Questions (FAQs) Q1: What does it mean for 97% of Ethereum holders to be in profit? A1: It means that 97% of all unique Ethereum addresses currently hold ETH at a price higher than their initial acquisition cost, indicating widespread gains for investors. Q2: Who is Sentora, and why is their data reliable? A2: Sentora, formerly IntoTheBlock, is a reputable blockchain analytics firm that uses advanced algorithms to analyze on-chain data, providing deep insights into cryptocurrency markets and investor behavior. Q3: What factors contribute to the high profitability of ETH holders? A3: Key factors include Ethereum’s significant network upgrades (like The Merge), its dominant position in DeFi and NFTs, continuous ecosystem development, and increasing institutional adoption. Q4: Does this mean investing in Ethereum is risk-free? A4: No, all investments carry risks, and the cryptocurrency market is known for its volatility. While current data is positive, future performance is not guaranteed, and investors should always conduct thorough research. Q5: How does Ethereum’s profitability impact the broader crypto market? A5: Ethereum’s strong performance often boosts confidence across the entire crypto market, attracting new investors and potentially leading to increased liquidity and positive sentiment for other digital assets. If you found this insight into Ethereum’s impressive profitability fascinating, share this article with your friends and on social media! Let’s spread the word about the exciting developments in the crypto space. To learn more about the latest crypto market trends, explore our article on key developments shaping Ethereum price action . This post Ethereum Holders’ Triumphant Moment: 97% Are Profitable! first appeared on BitcoinWorld and is written by Editorial Team
BitcoinWorld Sky Protocol Rating: S&P Global Issues a Cautionary B- Grade The world of decentralized finance (DeFi) is constantly evolving, and gaining external validation is a significant step. Recently, the Sky Protocol rating from S&P Global Ratings caught the attention of many in the crypto space, assigning a B- issuer credit rating to this prominent decentralized lending platform. This initial assessment provides a crucial external perspective on Sky Protocol’s financial standing and operational resilience, especially given the growing interest in crypto credit rating standards. What Does the Sky Protocol Rating Signify for Users? S&P Global Ratings, a leading global credit rating agency, assigned a B- issuer credit rating to Sky Protocol. This rating indicates that while Sky Protocol currently possesses the capacity to meet its financial obligations, it remains vulnerable to adverse business, financial, or economic conditions. Essentially, it’s a cautionary signal, highlighting both current capabilities and potential weaknesses within the platform. A B- rating is generally considered speculative and subject to high credit risk. For a decentralized lending platform operating in the nascent crypto market, such a rating provides a benchmark for potential users and investors. It encourages deeper due diligence into the platform’s underlying mechanisms and risk management strategies. This type of external evaluation is becoming increasingly common as S&P Global crypto analysis expands. Understanding the USDS Stablecoin’s Performance Beyond the overall platform rating, Sky Protocol’s USDS stablecoin also underwent scrutiny. S&P Global gave USDS a “4” (constrained) rating for its ability to maintain its dollar peg. This particular rating highlights moderate risks associated with the stablecoin’s stability. While USDS aims to remain pegged to the US dollar, this “4” rating suggests challenges in consistently achieving this. Maintaining a stable peg is paramount for any USDS stablecoin , as it underpins user trust and the entire ecosystem built upon it. Fluctuations or risks to the peg can lead to significant market instability and user losses. Therefore, this assessment by S&P Global provides vital transparency for anyone interacting with USDS, emphasizing the importance of a robust crypto credit rating for digital assets. Navigating Challenges in Decentralized Lending The S&P Global assessment pointed out several key challenges for Sky Protocol. These include depositor concentration, centralized governance aspects, ongoing regulatory uncertainty, and weak capitalization. These factors collectively contribute to the moderate risk profile identified by the agency for this decentralized lending service. Depositor Concentration: A significant portion of assets or liabilities might be concentrated among a few large holders, creating systemic risk if these holders decide to withdraw or move funds simultaneously. Centralized Governance: Despite being a “decentralized” platform, elements of centralized control in decision-making can undermine true decentralization principles and introduce single points of failure. Regulatory Uncertainty: The evolving global regulatory landscape for cryptocurrencies and DeFi poses ongoing challenges. Lack of clear guidelines can impact operations and future growth. Weak Capitalization: Insufficient capital reserves can limit the platform’s ability to absorb losses, especially during market downturns or unexpected events. Addressing these points will be crucial for Sky Protocol to improve its risk profile and potentially enhance its future Sky Protocol rating . Why Does a Crypto Credit Rating Matter for the Industry? The emergence of traditional credit rating agencies like S&P Global delving into the crypto space, offering a crypto credit rating for entities like Sky Protocol, signifies a maturing industry. These ratings provide a familiar framework for institutional investors and traditional finance players to evaluate crypto assets and platforms. They bring a level of external validation and risk assessment that was previously lacking, demonstrating how S&P Global crypto insights are becoming influential. For the broader DeFi ecosystem, such ratings can foster greater transparency and accountability. They compel platforms to adhere to higher standards of financial management and operational resilience. This growing involvement by agencies like S&P Global indicates a convergence between traditional finance and the digital asset world, potentially paving the way for wider institutional adoption of decentralized lending solutions. Looking Ahead for Sky Protocol and USDS Stablecoin While a B- rating isn’t ideal, it serves as a critical baseline for Sky Protocol. It highlights areas for improvement and offers a roadmap for enhancing its stability and reliability. For users and investors, this information empowers more informed decision-making regarding their engagement with the platform and its USDS stablecoin . The future of platforms like Sky Protocol will heavily depend on their ability to adapt to regulatory changes, strengthen their capital structures, and decentralize governance further. Continuous innovation and robust risk management will be key to building trust and achieving long-term success in this dynamic sector, ultimately influencing future assessments of the Sky Protocol rating . Conclusion: A Stepping Stone for Sky Protocol S&P Global’s B- Sky Protocol rating is a significant development, offering a nuanced view of the decentralized lending platform. It underscores both its current functionality and the inherent risks in a rapidly evolving market. While challenges exist, this external validation can be a catalyst for Sky Protocol to strengthen its operations and address identified vulnerabilities. As the crypto landscape matures, such assessments will become increasingly vital for transparency and informed participation, with agencies like S&P Global crypto efforts leading the way. Frequently Asked Questions (FAQs) What is Sky Protocol? Sky Protocol is a decentralized lending platform operating in the cryptocurrency space, allowing users to lend and borrow digital assets. What does a B- rating mean for Sky Protocol? A B- rating from S&P Global indicates that while Sky Protocol can currently meet its financial obligations, it is vulnerable to adverse business, financial, or economic conditions, signifying a speculative and high credit risk level. What are the main risks identified for USDS stablecoin? The USDS stablecoin received a “4” (constrained) rating for its dollar peg stability, highlighting moderate risks such as depositor concentration, centralized governance, regulatory uncertainty, and weak capitalization. Why is S&P Global rating crypto projects? Traditional credit rating agencies like S&P Global are rating crypto projects to provide a familiar framework for institutional investors, foster greater transparency, and offer external validation and risk assessment in the maturing digital asset industry. How can Sky Protocol improve its rating? Sky Protocol can improve its rating by addressing identified challenges such as strengthening its capital structure, further decentralizing governance, adapting to regulatory changes, and implementing robust risk management practices. If you found this analysis insightful, please consider sharing it with your network! Your support helps us continue to provide valuable insights into the dynamic world of cryptocurrency and decentralized finance. Share on X (formerly Twitter), LinkedIn, or your preferred platform! To learn more about the latest crypto market trends, explore our article on key developments shaping decentralized lending institutional adoption. This post Sky Protocol Rating: S&P Global Issues a Cautionary B- Grade first appeared on BitcoinWorld and is written by Editorial Team
Bitcoin’s halving events are becoming less relevant as 95% of its supply is already mined, shifting market dynamics towards institutional demand. Halving events no longer significantly impact Bitcoin’s supply. Institutional
FG Nexus files a $5 billion registration to massively invest in Ethereum. Ethereum's value recently soared above $4,330, driven by institutional interest. Continue Reading: Ethereum Soars as FG Nexus Aims for a Massive $5 Billion Expansion The post Ethereum Soars as FG Nexus Aims for a Massive $5 Billion Expansion appeared first on COINTURK NEWS .
BitcoinWorld Ethereum Price Prediction: Matrixport Sees Explosive ETH Surge to $4,892 Are you keeping an eye on the exciting movements in the crypto world? Ethereum (ETH), the second-largest cryptocurrency, is currently experiencing a significant rally. A leading financial services firm, Matrixport, has made a compelling Ethereum price prediction that’s capturing attention across the market. This surge isn’t just random; it’s driven by powerful forces. Matrixport’s Bold Ethereum Price Prediction According to Matrixport’s “Chart of the Day” post on X (formerly Twitter) from August 11, Ethereum’s recent upward momentum is set to continue. The firm projects an impressive short-term target of $4,362 for ETH, with an even more ambitious long-term forecast. They anticipate the token could climb to a staggering $4,892 . This optimistic outlook from Matrixport stems from a deep dive into various market indicators and fundamental shifts within the Ethereum ecosystem. The firm’s Matrixport ETH outlook suggests a strong underlying health for the asset. What’s Fueling This ETH Price Surge? Several key factors are contributing to this robust ETH price surge , painting a bullish picture for Ethereum. Matrixport highlights these drivers as pivotal to its upward trajectory: Institutional Buying Power: Large institutional investors are increasingly allocating capital into Ethereum. This influx of significant funds provides a solid foundation for price appreciation. Short Liquidations: A wave of short liquidations has further propelled ETH upwards. When traders betting against Ethereum are forced to close their positions, it creates buying pressure, accelerating the rally. Record On-Chain Activity: Ethereum’s network recently hit a new milestone, with daily on-chain transactions surpassing 1.8 million. This record high indicates robust network usage and demand. High Staking Percentage: Over 30% of the total ETH supply is now staked. Staking locks up tokens, reducing the circulating supply and creating scarcity, which can drive prices higher. These combined forces create a powerful tailwind for Ethereum, reinforcing Matrixport’s positive outlook. Regulatory Clarity and Corporate Confidence in Ethereum Beyond market mechanics, regulatory developments and corporate actions are also playing a crucial role in bolstering confidence and supporting the Ethereum market analysis . Matrixport specifically pointed out two significant bullish factors: SEC’s Staking Token Stance: The U.S. Securities and Exchange Commission (SEC) has indicated that liquid staking tokens are not considered securities. This clarity reduces regulatory uncertainty, making Ethereum more attractive to institutional and retail investors alike. Increasing Corporate Holdings: Publicly traded companies are steadily accumulating Ethereum. Their increasing holdings signal a growing belief in ETH’s long-term value and utility, further legitimizing the asset. Such endorsements from both regulators and corporations provide a strong vote of confidence for Ethereum’s future. Understanding the Institutional Ethereum Buying Trend The trend of institutional Ethereum buying is perhaps one of the most significant developments. Unlike retail investors, institutions typically conduct extensive due diligence, committing larger sums and holding for longer periods. Their entry into the market often signifies a maturing asset class and can provide stability and sustained growth. This increased institutional interest suggests that Ethereum is transitioning from a niche asset to a recognized component of diversified investment portfolios. It underscores a broader acceptance of digital assets within traditional finance. Matrixport’s latest analysis offers a compelling vision for Ethereum’s future, projecting an impressive climb to $4,892. This optimistic Ethereum price prediction is firmly rooted in tangible market dynamics, including robust institutional demand, significant short liquidations, surging on-chain activity, and growing regulatory clarity. As more institutions embrace ETH and the network continues to demonstrate strong utility, the path ahead for Ethereum looks remarkably bright. Keep an eye on these key indicators as ETH continues its journey. Frequently Asked Questions (FAQs) 1. What is Matrixport’s latest Ethereum price prediction? Matrixport predicts Ethereum (ETH) could climb to $4,362 in the short term and potentially reach $4,892 over the longer term. 2. What are the main drivers behind this ETH price surge? Key drivers include significant institutional buying, a wave of short liquidations, record daily on-chain transactions, and over 30% of the total ETH supply being staked. 3. How does regulatory clarity impact Ethereum’s price? The SEC’s decision that liquid staking tokens are not securities reduces regulatory pressure, making Ethereum a more attractive and less risky investment for institutions. 4. Is institutional Ethereum buying a new trend? While institutions have been exploring crypto for a while, their steady increase in Ethereum holdings signals growing confidence and acceptance, becoming a more prominent trend. 5. What does record on-chain activity mean for Ethereum? Record on-chain activity, like over 1.8 million daily transactions, indicates strong network usage, utility, and demand, which are bullish factors for Ethereum’s value. Did you find this analysis insightful? Share this article with your friends and fellow crypto enthusiasts on social media to spread the word about Matrixport’s exciting Ethereum price prediction! To learn more about the latest Ethereum market analysis trends, explore our article on key developments shaping Ethereum price action. This post Ethereum Price Prediction: Matrixport Sees Explosive ETH Surge to $4,892 first appeared on BitcoinWorld and is written by Editorial Team
Dark Defender (@DefendDark), a prominent crypto analyst on X, recently published an updated chart that revisits the “Masterpiece” framework first presented in February 2021. The post reaffirms the analyst’s long-term wave structure for XRP and states that the market has completed Waves 1 and 2, a phase that required seven years to unfold. The update emphasizes that XRP has now entered what the analyst identifies as Grand Wave 3, and Dark Defender’s analysis suggests that XRP could be headed for triple digits. My Dear Friends, I promised earlier to everyone about the Grand Wave Structure Update. We first addressed the Masterpiece in February 2021. And I know many were telling me XRP cannot even surpass 30 cents. They called me Crazy, etc. And many crazy predictions boomed after that.… pic.twitter.com/qxkhbkBRN2 — Dark Defender (@DefendDark) August 9, 2025 Unfolding Patterns on XRP’s Chart The chart overlays a multi-year ascending channel and an Elliott Wave pattern that has dictated XRP’s trajectory throughout its history. The analyst describes the recent movement as the beginning of Wave 3 and uses the earlier Masterpiece as the reference for projected extensions. The update repeats a point that was resisted by critics in previous cycles. Dark Defender referenced skeptics who told him in early 2021 that XRP would not cross $0.3. However, the asset experienced swift growth that year, reaching a multi-year peak of $1.96. The analyst now anticipates larger price expansions based on the Elliott Wave pattern and other bullish indicators. Adding to the ascending channel and multi-wave pattern, the chart also shows a rounding bottom formation , cementing XRP’s climb in Wave 3 and potentially supporting its growth. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 XRP’s Wave 3 Targets The post arrives amid persistent debate within the community about long-term token behavior and price targets. Ripple and the SEC recently settled their legal battle, but XRP’s price has yet to rally significantly, and some experts suggest that the end of the lawsuit will not kickstart XRP’s growth . Dark Defender’s analysis has reinforced the bullish sentiment shared by many analysts. He shows that the market has shifted into the next structural phase, and despite skepticism from some market participants, he has high expectations for the asset. While he did not provide a specific target, his chart suggests that Wave 3 could send XRP above $333 (Fib 161.8%). The analyst also highlighted crucial resistance levels that could become support as XRP grows. The first was $1.88 (Fib 161.8%), which the asset has surpassed. The other two levels are $5.8563 (Fib. 261.80%) and $18.2275 (Fib. 361.8%). Notably, Dark Defender has previously stated that he has no plans to take profit from XRP until it reaches $333 , and the current technical setup could help the asset reach that price target. 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 Top Analyst Has a Bullish Message for XRP Holders appeared first on Times Tabloid .