America is trapped in a cycle of debt, inflation, and rising inequality with no easy escape . Here’s the core problem: The U.S. government spends way more money than it earns. To fill the gap, it borrows trillions of dollars. But fixing this by cutting spending would crash the economy. At the same time, the U.S. buys more from other countries than it sells — this trade deficit has been growing for decades. To keep this system alive, the government prints more dollars and convinces foreigners to keep buying U.S. debt. The result? Prices for everything keep rising, wages don’t keep up, and the average person feels poorer every year . The middle class is disappearing. The cost of owning a home has doubled in just five years, but salaries haven’t even come close to catching up. The government’s hidden plan is to quietly reduce the value of the dollar through inflation, so the debt becomes easier to manage. But this hurts savers, workers, and anyone who relies on the dollar. The rich, who own stocks and real estate, benefit because those assets rise in price. Regular people are stuck. This is where Bitcoin comes in. Bitcoin is designed to be different from traditional money. No one can print more of it. No government can control it. Its supply is limited and transparent . The speaker believes that as people lose trust in the dollar and traditional investments, Bitcoin will become a safe place to protect wealth. At first, this shift will be slow. But if a global crisis happens that destroys trust in governments or banks, the move into Bitcoin could accelerate very quickly. Another reason Bitcoin matters is for younger generations. Many are turning to risky gambling—like meme stocks or sports betting—because they feel the system is rigged against them. Bitcoin offers a better option: a way to save money in something that can’t be inflated away . In simple terms, the speaker’s warning is this: The current financial system is broken. If you keep your savings in dollars or rely on promises from the government, you’re going to fall behind. Bitcoin may not fix everything, but it gives individuals a fighting chance to preserve their financial freedom.
HONG KONG, Aug. 5, 2025 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company") today published its Bitcoin production and mining operations update for July 2025. Bitcoin Mining Production and Mining Operations Update for July 2025 Metric July 2025 1 June 2025 1 Number of Bitcoin produced 650.5 450.0 Average number of Bitcoin produced per day 20.99 15.00 Total number of Bitcoin held 2 4,529.7 3,879.2 Deployed hashrate 50 EH/s 32 EH/s Average operating hashrate 3 40.91 EH/s 29.92 EH/s 1. Unaudited, estimated. 2. As of month-end. 3. Average over the month. Note: Cango holds Bitcoin for the long term and does not currently intend to sell any of its Bitcoin holdings. Paul Yu, CEO and Director of Cango, commented, "With the addition of 18 EH/s at the end of June, our deployed hashrate expanded to 50 EH/s in July and allowed us to deliver a 45% month-over-month increase in Bitcoin producted to 650.5. Average operating hashrate of 40.91 EH/s throughout the month underscores our robust operational efficiency and significant growth potential as we continue to scale. This strong performance not only demonstrates our commitment to execution but also fuels our ambition to accelerate future production." "With a new and experienced management team now onboard and growing Bitcoin treasury holdings from mining operations, we are now focused on laying the foundation for our vertical integration to transition towards a more diversified and resilient portfolio of mining sites and energy infrastructure." About Cango Inc. Cango Inc. (NYSE: CANG) is primarily engaged in the Bitcoin mining business, with operations strategically deployed across North America, the Middle East, South America, and East Africa. The Company entered the crypto asset space in November 2024, driven by advancements in blockchain technology, the growing adoption of digital assets, and its commitment to diversifying its business portfolio. In parallel, Cango continues to operate an online international used car export business through AutoCango.com , making it easier for global customers to access high-quality vehicle inventory from China. For more information, please visit: www.cangoonline.com . Investor Relations Contact Juliet YE, Head of CommunicationsCango Inc.Email: ir@cangoonline.com Disclaimer: This is a sponsored press release 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.
Toncoin (TON) and Litecoin (LTC) are both nearing pivotal resistance levels, capturing the attention of traders and analysts alike. With altcoin season potentially on the horizon, these two legacy and emerging projects are shaping up to be serious contenders in the next wave of market momentum. But while price action draws the chart-watchers, breakout success requires more than technical setups—it demands narrative precision and strategic exposure. That’s where Outset PR excels, helping crypto projects turn potential into presence through data-driven media campaigns that align perfectly with market sentiment. Could TON Be the Hidden Gem As Altcoin Season Looms? Source: tradingview TON, or The Open Network, is making waves in the crypto space. Originally developed by Telegram, it aims to make crypto transactions fast and cheap. Its focus is on scalability, making it perfect for large applications. TON uses a unique proof-of-stake system that keeps it efficient. As the market shifts and altcoins gain attention, TON’s innovative approach could capture interest. It has strong technology backing and a growing community. These features make it an exciting pick for those looking forward to the next altcoin season. In a market eager for new stars, TON shines with potential. Litecoin: Shining Bright in the Wake of a Market Dip Source: tradingview Litecoin, often called the silver to Bitcoin's gold, has strong roots in crypto. Created in 2011 by Charlie Lee, it's one of the oldest altcoins. It offers faster transaction times and lower fees, making it a popular choice for everyday use. Built on a similar framework to Bitcoin, Litecoin is known for its resilience and adaptability. With the current market showing patterns similar to 2021, Litecoin is poised for potential gains. Its strong community and continuous development make it an attractive option in this market cycle. Outset PR Crafts Communications Like a Workshop, Powered by Data Founded by renowned crypto PR expert Mike Ermolaev , Outset PR operates like a hands-on workshop, building every campaign with market fit in mind. Instead of offering random placements or templated packages, Outset PR carefully weaves a client’s story into the market context, showcasing what organic PR looks like: Media outlets are selected based on metrics like discoverability, domain authority, conversion rates, and viral potential Pitches are tailored to fit each platform’s voice and audience Timing is mapped to let the story unfold naturally and build trust organically Outset PR occupies a unique niche as the only data-driven agency with a boutique-level approach. Daily media analytics and trend monitoring power every decision, so campaigns align with market momentum. And the approach feels collaborative — it’s like turning to a trusted friend who happens to be an expert. Results-Oriented, Insight-Driven The agency is goal-oriented, so it pursues measurable results. They dive deep into each client’s aims, budget, and timelines to craft value-driven campaigns that resonate with the target audience. Outset PR fuses performance-level analytics with high-touch strategy. Besides logically verified organic PR the key strengths of Outset PR include: Market Dominance. Clients of Outset PR can gain recognition in the desired geo in merely a month. Traffic Acquisition. Outset PR's proprietary system places branded content across high-discovery surfaces, combining editorial exposure with performance reach. This method consistently generates traffic volumes far beyond standard Google visibility. Tier-1 Pitching. The team helps its clients to craft tailored messages and select relevant angles to outreach directly to tier-1 journalists and editors. Strong media relationships and a focused pitching cycle open doors where it matters and increases chances of consistent coverage. Content Creation with Editorial Focus. Experienced writers with backgrounds in journalism, analytics, and sales content develop materials that hit both editorial and strategic targets. Targeted Media Outreach. Designed for early-stage projects, these campaigns boost search visibility by securing coverage in media that trigger syndication across major crypto newsfeeds — laying the groundwork for scalable or highly targeted PR efforts. Let Outset PR Tell Your Story With Verifiable Impact Data-Led Campaigns Bring Results You Can Feel Outset PR drives growth and awareness for both startups and established names. Notable results include: Step App: Enhanced user engagement in the US and UK markets, which coincided with a 138% rise in the FITFI token’s value over the course of the campaign. Choise.ai: Covered the massive business upgrade, highlighting the utility and value of their native CHO token. During the campaign, CHO rose by 28.5x, hitting its 10-month high. ChangeNOW: Achieved a 40% customer base increase via multi-layered PR efforts. StealthEX: Boosted the brand visibility which resulted in 26 prominent media features and numerous re-publications, achieving a total estimated reach of 3.62 billion individuals. If PR has ever felt like a black box, if it’s been unclear what results to expect and what you’re even paying for, Outset PR changes the equation. Its analytical model makes every step verified by performance insights. Its boutique approach ensures campaigns feel like they’ve been built inside your team. For crypto, blockchain, or AI enterprises that need clarity and velocity—this is what PR should feel like. Conclusion TON’s vision of scalable crypto infrastructure and Litecoin’s long-standing utility and reliability are each aligning with bullish market signals. If resistance levels break, both coins could chart significant upside. Outset PR ensures web3 projects are not only discovered but positioned as leaders. From Tier-1 media pitching to high-discovery placements and trend-informed storytelling, Outset PR ensures your project becomes a talked-about brand at the right time, in the right places. You can find more information about Outset PR here: Website: outsetpr.io Telegram: t.me/outsetpr X: x.com/OutsetPR 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.
Coinbase’s Base network experienced a 19-minute block production halt on August 5, with the latest block remaining at height 33,792,704 before resuming normal operations. The Ethereum Layer 2 blockchain reported the issue at 6:15 UTC and confirmed resolution by 6:44 UTC according to its official status page , marking the network’s first significant outage. Source: Base Status Page Network Recovers as Token Creation Surge Tests Infrastructure Limits Base mainnet experienced delays in deposits, withdrawals, block production, and Flashblocks functionality during the disruption. The network identified and fixed the underlying issue within 30 minutes while continuing to monitor for additional problems, though officials did not disclose the specific cause of the halt. The outage might have occurred as Base experiences unprecedented growth in token creation, recently overtaking Solana in daily launches with over 54,000 new tokens on July 27. Source: TheBlock The surge stems from the integration of social platforms Zora and Farcaster into the rebranded Base App, which automatically mints creator coins from social posts. Base’s rapid expansion includes 1.6 million tokens launched and nearly 3 million traders participating since the app relaunch, generating approximately $470 million in trading volume. The network’s institutional adoption accelerated with JPMorgan’s JPMD digital deposit token launch and Shopify’s USDC payment integration across 34 countries. Creator Economy Boom Drives Network Activity to Record Levels Base’s transformation into a comprehensive SocialFi platform through the July rebranding of Coinbase Wallet has fundamentally altered its usage patterns. The integration of Zora’s smart contracts enables automatic ERC-20 token minting from every social post, creating tradable creator coins with instant liquidity. Daily token launches skyrocketed from 6,649 on July 1 to approximately 50,000 by month-end, establishing Base as the leading network for token creation. Source: Dune Analytics The flagship ZORA token achieved a $200 million market cap, up 185% from April’s $70 million valuation. Notable creator coins achieved substantial valuations, including Zeebu at over $485 million market cap, Wormhole at over $355 million, and Yield Guild Games at over $80 million with over $12 million daily volume. The ecosystem’s rapid growth prompted Base creator Jesse Pollak to call for crypto funds to take “$5 million or more” positions in creator coin indexes. who is going to be the first fund to take a scaled (e.g. $5m+) long hold position in an index of onchain creators? seems like a relatively no-brainer opportunity to win as the onchain creator economy grows. — jesse.base.eth (@jessepollak) August 3, 2025 The Base App combines social networking powered by Farcaster, USDC payments, on-chain identity management, and dApp discovery in a single interface. Users can earn up to 4.1% APY holding USDC while accessing hundreds of mini-apps for gaming, yield farming, and prediction markets. Notably, Base Chain’s recent Flashblocks upgrade reduced effective block times from 2 seconds to 200 milliseconds, making transactions 10 times faster. The network also processes international transactions under $0.01 with 200-millisecond settlement times. Security Challenges Mount Despite Institutional Backing Base faced significant security incidents alongside its growth trajectory, including the $2.5 million Arcadia Finance hack on July 15 . Attackers exploited a vulnerability in the Rebalancer contract’s swapData parameters to drain user vaults of USDC, USDS, and other tokens before bridging funds to the Ethereum mainnet. The Arcadia breach marked the platform’s second major security incident following a $455,000 hack in October 2023. Both attacks exploited insufficient input validation and reentrancy protection in smart contract code, with PeckShield previously warning about persistent vulnerabilities. Coinbase launched a $5 million bug bounty program through Cantina , targeting Base network smart contracts and on-chain products. @coinbase drops massive $5M bug bounty on Cantina for @base security as @jpmorgan launches $JPMD token and @Shopify integrates USDC payments across 34 countries. #Coinbase #Base https://t.co/R6cdJAI1RQ — Cryptonews.com (@cryptonews) July 9, 2025 The initiative covers critical components, including Verified Pools, Fault-Proof Audits, and WebAuthn modules, representing one of the largest Web3 security programs. The exchange simultaneously dealt with a data breach affecting nearly 70,000 users through bribed overseas support staff, resulting in a $20 million ransom demand that Coinbase refused to pay. The company terminated over 200 TaskUs employees and established enhanced insider-threat detection systems. Base’s network halt joins a pattern of blockchain outages in 2024, including Sui’s hour-long crash , TON’s six-hour disruption amid DOGS token demand, Avalanche’s two-hour block production failure , and Solana’s repeated five-hour outages . It is evident that this incident isn’t new of its kind, and it shows the infrastructure challenges faced by blockchain networks as they scale to accommodate mainstream adoption. The post Base Network Suffers 19-Minute Block Production Halt Before Recovery appeared first on Cryptonews .
Solana meme coin launchpad LetsbonkFun has overtaken Pump.fun, seizing a dominant 55.8% market share, more than double Pump.fun’s 27.4%. Key Takeaways: LetsbonkFun now leads Solana’s meme coin market with 55.8% share, more than double Pump.fun’s 27.4%. Its rise is driven by faster launches, BONK integration, and stronger user engagement. Pump.fun is losing momentum despite a $600M ICO and recent buybacks. The lead is reflected in volume and user activity. LetsbonkFun processed $508 million in daily volume with 304,000 traders, compared to Pump.fun’s $249 million and 153,000 traders, according to data from Jupiter’s Launchpad leaderboard on August 5 . It also minted 18,357 tokens in a single day, while Pump.fun generated 5,388. Faster Launches and BONK Integration Fuel LetsbonkFun’s Rise The surge in dominance comes as LetsbonkFun continues to attract creators and traders with faster launches, stronger community engagement, and integrations with Solana-native assets like BONK. The platform’s simplicity and speed have helped it become the go-to launchpad for meme token creators in recent weeks. While Pump.fun once held the top spot in Solana’s memecoin boom, it now lags behind in both activity and sentiment. Its bonded percentage stands at 0.48%, compared to LetsbonkFun’s 1.02%, signaling lower commitment from users. Other launchpads remain far behind. BAGS holds 9.28% market share, followed by Jup Studio and Believe at 2.69% and 2.11%, respectively. Solana’s memecoin race has a new leader. @bonk_fun now holds 66.5% of the market, well ahead of PumpFun at 22%. PumpFun’s volume and trader count have dropped sharply, and July revenue fell to a 2025 low – down 80% since January. pic.twitter.com/8Y4AGidypx — Satoshi Club (@esatoshiclub) August 4, 2025 As reported, Pump.fun’s native token, PUMP, experienced a notable price setback after its much-hyped ICO. The initial coin offering raised an impressive $600 million within just 12 minutes, selling 15% of the total 1 trillion PUMP supply to the public. Additionally, 18% of the tokens were sold privately, valuing the fully diluted market cap at $4 billion. Last month, Pump.fun executed a significant buyback , transferring nearly 188,000 SOL, worth around $31.3 million, to a dedicated wallet. The repurchase of PUMP tokens at an average price of $0.0064 pushed the token’s price up by 17% to roughly $0.0067. The platform has pledged to allocate 25% of its protocol revenues to ongoing buybacks. However, fee revenues for Friday totaled about $968,000, below the protocol’s average. In a recent update, co-founder Alon Cohen unveiled a “community takeover” feature, allowing users to seize control of “abandoned” projects. The mechanism aims to channel creator fees toward the most active community members who contribute through raids, content creation, and development. Pump.fun Makes First Acquisition Notably, Pump.fun announced its first acquisition last month. The meme coin launchpad purchased Kolscan , a Solana-based wallet tracker that monitors top on-chain traders. The integration will merge Kolscan’s analytics with Pump.fun’s social trading features, enhancing transparency, wallet tracking, and copy-trading capabilities. Co-founder Alon Cohen emphasized that trading is a “social sport,” highlighting the importance of community and shared insights in driving success within the ecosystem. As part of the deal, all Kolscan services will be made free to users. Pump.fun has already attracted tens of thousands of users and intends to build a scalable crypto social media platform, leveraging Kolscan’s tools to grow its community and influence. The post Solana’s New Meme King: LetsbonkFun Leaves Pump.fun in the Dust with 2x Lead appeared first on Cryptonews .
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In the ongoing debate about XRP’s market performance and long-term value, one issue that consistently resurfaces is Ripple’s use of escrow. While many market participants focus on price movements and trading volume, Bill Morgan, a well-respected attorney, has pointed to a deeper concern that has fueled confusion within the crypto space for years. Morgan recently addressed what he called a persistent campaign of misinformation surrounding XRP escrow releases. In a post on X, the attorney stated that the escrow system “has been the epicentre of lies and FUD about XRP and XRP price action for years.” His comment highlights a concern shared by many in the XRP community that inaccurate narratives about Ripple’s escrow practices are contributing to unwarranted fear and skepticism. The escrow has been the epicentre of lies and FUD about XRP and XRP price action for years. Even some in the XRP community fall for the lies. https://t.co/KLhjq14poU — bill morgan (@Belisarius2020) August 4, 2025 Ripple’s Escrow and the Misinformation Problem Ripple’s escrow mechanism , designed to release XRP monthly, has long been a subject of public scrutiny. While the system was implemented to provide transparency and predictability, critics have frequently claimed that the releases flood the market and suppress price growth. Morgan, however, argues that such claims are not based on accurate data. He emphasized that falsehoods about the number of XRP released each month have misled not only outsiders but also some within the XRP community. His remarks were made in response to a post by a community member who highlighted the increasing volume of incorrect information regarding the specifics of XRP escrow activity. Morgan recently mocked critics of the escrow mechanism , as XRP has outperformed other assets apart from Bitcoin and Ethereum. Experts have explained that Ripple’s escrow system aids XRP’s growth . However, the misinformation remains persistent. It even confuses XRP supporters. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Community Reaction Highlights Broader Frustration One community member commented on the perceived double standard in how the crypto community treats Ripple’s XRP holdings compared to Bitcoin’s corporate treasuries. The comparison suggests that XRP’s escrow is unfairly criticized, while similar practices by Bitcoin advocates, such as Michael Saylor , are often celebrated or ignored. He warned that Saylor is trying to play Ripple’s role in Bitcoin’s ecosystem, but the Bitcoin maximalists accept Saylor’s actions while criticizing Ripple and spreading false narratives about XRP. A Continuing Challenge for XRP Holders Morgan’s statement reinforces the ongoing challenge for XRP holders seeking clarity in a market often clouded by rumor and speculation. While many detractors constantly attempt to spread false narratives, the XRP community has many experts ready to intervene, ensuring Ripple and XRP don’t drown in misinformation. 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 Legal Expert: Ripple Escrow Has Been the Epicenter of Lies and FUD about XRP appeared first on Times Tabloid .
As Ripple (XRP) faces declining on-chain engagement and increased market hesitation following the latest U.S. tariff news, Pepe Dollar (PEPD) has become the go-to pick for meme coin investors looking for breakout returns in 2025. With over $763,000 raised in its presale and growing community traction, Pepe Dollar (PEPD) is not only outperforming expectations—it’s redefining what meme utility looks like in a bullish crypto cycle. Pepe Dollar (PEPD) Steals The Spotlight As Ripple (XRP) Ledger Activity Slows While Ripple (XRP) supporters hoped gold-bridging narratives and institutional whispers would breathe new life into the project, the reality is different. Whale wallets that once pumped Ripple (XRP) in 2024 are now migrating toward newer opportunities like Pepe Dollar (PEPD), whose presale token price of $0.004688 is attracting both retail and seasoned traders alike. Ripple (XRP) Loses Whale Support As Meme Market Surges On-chain data reveals an exodus of large XRP wallets shifting liquidity toward emerging tokens like Unilabs and now, Pepe Dollar (PEPD). Ripple (XRP), currently trading around $2.97, has failed to break above key resistance levels following a 6% intraday drop after the tariff announcement. Despite forming a technical double-bottom, analysts warn that any upside is likely capped unless Ripple (XRP) decisively closes above $3.30. Meanwhile, the whales that helped Ripple (XRP) achieve its 100x move in 2024 are clearly scouting fresh territory. Analysts now point to Pepe Dollar (PEPD) as the meme coin primed to replicate or exceed those gains—driven not by enterprise partnerships, but by community strength, meme virality, and a deflationary token model. Why Pepe Dollar (PEPD) Has The Edge Over Ripple (XRP) Pepe Dollar (PEPD) isn’t just another meme coin—it’s a MemeFi ecosystem designed for cultural relevance and smart tokenomics. With features like Pay-Fi integration, gamified utility, and a roadmap designed for virality, PEPD is capturing the imagination of retail buyers. In contrast, Ripple (XRP)’s future remains tethered to uncertain legal outcomes and institution-only narratives that feel increasingly out of sync with today’s fast-moving meme culture. Where Ripple (XRP) seeks permissioned utility, Pepe Dollar (PEPD) thrives on decentralization, parody, and market timing. It’s a deflationary coin that burns with every transaction, tightening supply as demand grows—a key reason analysts are already tipping PEPD for $0.10+ valuations before the end of 2025. From Legal Limbo To MemeFi Boom: PEPD’s Time Is Now The meme coin market doesn’t wait. Ripple (XRP) might eventually regain momentum, but Pepe Dollar (PEPD) is winning right now —and in crypto, timing is everything. PEPD has hit the sweet spot: low entry price, strong narrative, and a community hungry for altcoin supremacy. With no legal shackles, it moves fast, iterates faster, and adapts to market trends in real time. Whether it’s Pay-Fi payments, parody utility, or mobile MemeFi gaming, Pepe Dollar (PEPD) is building a layered use case in a segment where most coins offer only memes and hope. It’s this blend of humor and utility that gives PEPD the edge in both trader portfolios and crypto headlines. Conclusion: Pepe Dollar (PEPD) Outpaces Ripple (XRP) In Market Sentiment And Utility Ripple (XRP) may still play a role in the tokenized asset landscape, but its momentum is fading. The presale strength of Pepe Dollar (PEPD) proves that the crypto market is rewarding fast, fun, and functional over slow, speculative utility. As whales rotate out of Ripple (XRP) and into meme-centric ecosystems, the opportunity gap widens. For those watching the charts and scanning the trends, the message is clear: Pepe Dollar (PEPD) isn’t just a meme—it’s the meme coin of the moment, with the potential to outshine Ripple (XRP) in both price action and investor enthusiasm before 2025 ends. Join Pepe Dollar Presale : Pepe Dollar Website: https://pepedollar.io/ Pepe Dollar Telegram: https://t.me/pepedollarcommunity PEPD Coinmarketcap: https://coinmarketcap.com/currencies/pepe-dollar
After reclaiming the $3 resistance level, XRP has reignited its bullish momentum, with technical indicators pointing to a potential record high above $6. In this line, cryptocurrency trading analyst Master Ananda noted that this move could play out within weeks, as XRP remains in the early stages of its bull market, according to a TradingView post on August 4. As per the outlook, XRP recently found strong support just above the 0.618 Fibonacci level at $2.71, sparking an immediate rebound. A green daily candle reversed the drop and broke resistance, followed by another green candle that confirmed the bullish reversal. XRP price analysis. Source: TradingView Following the bounce at $2.71, XRP reclaimed the $3 mark. With support confirmed and the 0.382 level at $2.87 holding firm, traders are now eyeing the next Fibonacci extension targets, first at $4.4948 (1.618 Fib extension), followed by the primary target at $6.2768 (2.618 extension). Ananda emphasized that this move is part of a broader 2025 bull market cycle, where bullish momentum is expected to persist. He added that while some traders may wait for further confirmation, the technical rebound and swift recovery already signal a resumption, and possible acceleration, of the bullish trend. XRP’s path to $4 Another bullish outlook was shared by pseudonymous crypto analyst Lord of Alts , who noted that XRP is on the verge of a major breakout. Technical charts show one of the largest bullish pennants in months, with the token holding firm above key support levels. XRP price analysis chart. Source: TradingView The pattern suggests consolidation ahead of a potential sharp move higher. If confirmed, the breakout could see XRP target the $4 mark. XRP price analysis At press time, XRP was trading at $3.04, up 1.2% over the past 24 hours, though down 3.6% on the weekly chart. XRP seven-day price chart. Source: Finbold Currently, XRP is showing strength above both its 50-day and 200-day simple moving averages ( SMAs ), which stand at $2.68 and $1.88, respectively, highlighting solid medium- and long-term momentum. Meanwhile, the 14-day Relative Strength Index ( RSI ) stands at 54.70, indicating neutral territory with a slight bullish tilt, suggesting there is room for further upside before the asset becomes overbought. Featured image via Shutterstock The post XRP’s path to $6 is now clear after turning green appeared first on Finbold .