The post XRP Price Prediction as Bitcoin Hits New All-Time High appeared first on Coinpedia Fintech News XRP looks bullish right now. In the last seven days, the token has surged by 15.7%, with a 7% gain in the past 24 hours alone, pushing its price to $2.59. This upward momentum is turning heads across the crypto market, with analysts now hinting that $3 could be the next major target. CasiTrades, a well-known crypto analyst, shared a post on X noting that XRP is defying short-term bearish indicators and may be gearing up for a significant breakout. His analysis points to a larger move building under the surface despite bearish signals flashing on short-term timeframes. XRP Market Overview: Strong Momentum in Q3 2025 So far, 2025 has been an eventful year for XRP. In Q1, the price saw only a minor gain of 0.45%. Q2 showed stronger momentum with a 7.12% increase. But it’s Q3 where XRP has truly come alive—so far, the token has jumped 15.7%, with most of the rally coming after July 8. At the start of this month, XRP traded at $2.17. For the first week of July, it remained within a narrow range of $2.17 to $2.27. However, since July 8, the price has climbed steeply, gaining over 14%. In the last hour alone, XRP added another 1%, confirming strong short-term momentum. XRP Breaks Out: Analyst Sees Little Resistance Ahead According to CasiTrades, XRP has ignored signs of market exhaustion typically found on the 1-hour chart, indicating that a much larger move could be forming. He explains that XRP’s ability to push higher, despite bearish technical signals, is a sign of strength. Currently trading at $2.59, XRP is just 4% below the next key resistance level at $2.69. CasiTrades highlights that there is very little resistance between these levels, suggesting the token could reach $2.69 quickly if the bullish momentum continues. What’s the Ideal Entry Point for XRP? While the breakout is exciting, CasiTrades advises caution when chasing pumps. He recommends waiting for a solid pullback, ideally to the $2.45 zone. Historically, XRP has retraced to the 0.236 Fibonacci level after new highs, and this area could offer a low-risk entry. However, once XRP reaches $2.69, there are two likely outcomes. The price could either retrace to $2.45 or break above resistance and rally toward $3 or beyond. XRP Bull Run Ahead From a technical standpoint, XRP is showing strong momentum. The Relative Strength Index (RSI) currently stands at 74.12, indicating the token is overbought. But XRP continues to trade above all its major moving averages, including the 50-day ($2.22), 100-day ($2.21), and 200-day ($2.36) lines. Despite the rally, volatility remains relatively low with an Average True Range (ATR) of 0.1021. This means the price action is steady and trending, rather than erratic, often a good sign in the early stages of a longer move. Conclusion XRP is clearly in breakout mode, outperforming much of the crypto market this month. With strong technicals, growing momentum, and minimal resistance ahead, all eyes are on the $2.69 level. If XRP clears that barrier, the road to $3 may come faster than expected.
The CEO of Elon Musk’s social media platform quietly stepped down on Wednesday after a little more than two years at the helm. Elon Musk’s X Left Leaderless After Linda Yaccarino Departs It’s been a rough five-week stretch for Elon Musk. U.S. President Donald Trump “dumped” him after their bromance went sour last month, Tesla’s
Upbit, a leading digital asset exchange based in South Korea, announced that it will offer trading support for the Ethena (ENA) token in KRW, BTC, and USDT pairs starting July 11, 2025. Upbit Announces Support for KRW, BTC, and USDT Trading Pairs for Ethena (ENA) Under the new listing, the ENA token will only be supported by deposits and withdrawals via the Ethereum network. Transactions made via other networks will be invalidated, and refunds may take longer. Following the listing, ENA rose more than 20% to trade at $0.35. Transaction Support Details Supported Pairs: KRW, BTC, USDT Network: Ethereum (only ENA-Ethereum network is supported) Transaction Start Time: July 11, 2025, 17:00 Deposit & Withdrawal Opening: Within 2 hours from the announcement time Contract Address: 0x57e114B691Db790C35207b2e685D4A43181e6061 Transaction Restrictions Buy orders will be restricted during the first 5 minutes. In the first 5 minutes, sell orders will not be entered at a price 10% below the previous closing price. For the first 2 hours, only limit orders will be available. What is ENA (Ethena)? Ethena is a decentralized finance (DeFi) protocol based on a collateral pool of volatile crypto assets and stablecoins operating with a delta-neutral strategy. The ENA token is used for platform governance participation, staking, rewards, liquidity incentives, and ecosystem development. Upbit also stated that it may change the trading start time if sufficient liquidity is not provided. *This is not investment advice. Continue Reading: Bitcoin Exchange Upbit Announces Listing of This Altcoin! Price Makes a Sudden Jump! Here Are the Details
Mars Finance News reports that a prominent BTC whale, known for consistently shorting Bitcoin, recently injected an additional 3 million USDC as margin collateral, according to on-chain analyst @ai_9684xtpa. This
NRW.BANK has pioneered a €100 million digital bond issuance on the Polygon blockchain, marking a significant advancement in blockchain adoption within regulated European capital markets. This fully digital bond, compliant
Bitcoin reached a new all-time high of $118,399 early on July 11 during Asian trading hours, marking another major milestone in the ongoing bull market. Yet, unlike past euphoric peaks, this breakout appears fundamentally calmer and more structurally sound. In a June 11 analysis , CryptoQuant contributor Avocado Onchain noted that several important indicators point to the market not being overheated. The MVRV ratio, which compares Bitcoin’s ( BTC ) market value to its realized value, currently stands at 2.2. That’s well below the overheated levels of 2.7 seen during the March and December 2024 highs, pointing to relatively moderate speculation. There’s also been a noticeable shift in investor behavior. During earlier bull market tops, short-term holders, wallets that held BTC for less than a month, made up around 30% of the market. Today, that number has dropped to 15%. Fewer short-term players often means less volatility and a lower risk of sudden selloffs. Similar conclusions can be drawn from other indicators. There appears to be little sell pressure based on the lack of a significant spike in the Short-Term Holder SOPR, which measures profit-taking among recent buyers. You might also like: Here’s why Bitcoin hit an all-time high and can run to $120k Meanwhile, miners, often early sellers during market tops, are staying relatively quiet. The Miner Position Index has been drifting lower, and some mining firms appear to be accumulating rather than selling. Retail investors are also missing from the picture, according to another CryptoQuant analysis . Their “Spot Retail Activity Through Trading Frequency Surge” metric remains in the gray zone, a signal that retail traders have yet to re-enter the market. Retail frenzy has historically been associated with late-stage bull market peaks. Given that institutions and exchange-traded funds are still driving the trend, the current absence might indicate that the top is still a long way off. Looking ahead, short-term support levels may offer clues about where the market heads next. The $106,500 and $101,200 zones, which represent the average cost basis for holders who purchased Bitcoin in the previous one to three months, are being watched by analysts. The upward trend may continue if Bitcoin maintains its position above those levels. A drop below could trigger short-term selling but might also bring in new buyers. Overall, this rally appears to be more sustainable than previous ones. Bitcoin may have more room to rise without the chaos that frequently occurs near the top, as long as there is steady institutional interest, calm on-chain signals, and retail still largely on the sidelines. Read more: Bitcoin price analysis after hitting new all-time high: further gains or return to range lows?
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The post Why Bitcoin, Ethereum, XRP Prices are Up Today (11th July, 2025) appeared first on Coinpedia Fintech News The crypto market has staged a powerful rally today, with the total market cap climbing over 5.24% in the past 24 hours to $3.65 trillion. Trading volumes exploded by 47.14%, reaching a staggering $208.23 billion, signaling massive participation behind the move. While the Fear & Greed Index holds at a neutral 67, momentum is clearly favoring the bulls. Why is the Crypto Market Up Today? We had numerous fundamental drivers today, ranging from record-breaking ETF inflows to aggressive short liquidations. Bitcoin ETFs pulled in $1.17 billion in net inflows on July 10 alone, while Ethereum continued to benefit from the momentum around its staking ecosystem and ETF developments. Meanwhile, marketers are closely watching the upcoming “Crypto Week” in the U.S. Congress on July 14, which could shape long-term regulatory clarity. Bitcoin (BTC) Price Prediction: Bitcoin has led the charge with an impressive breakout to a new all-time high of $118,339.82, posting a 6.11% gain over the past 24 hours. The price pierced through the resistance at $117,000, on the back of aggressive short liquidations worth $570 million. This move triggered a cascade of stop losses and short covers, pushing BTC sharply higher. The record $1.2 billion in ETF inflows added fuel to the rally, effectively tightening the available supply on exchanges. Technically, the daily chart reveals an ascending triangle breakout with strong volume confirmation. If this trend continues, Bitcoin could test the $121,000 to $122,500 range in the next 24 hours. That being said, we cannot rule out the immediate support near $114,800, which could act as a retest level before another leg up. Check out our Bitcoin (BTC) Price Prediction 2025, 2026-2030! Ethereum (ETH) Price Prediction: Ethereum, too, saw significant upside today, climbing 8.76% to trade at $3,024.90. ETH saw a 32.7% jump in daily volume, hitting $37.26 billion. The recent rally was triggered in part by short covering, as the token reclaimed levels above the $2,600 “max pain” point from recent options expiry. Additionally, on-chain data reveals that whales accumulated $358 million worth of ETH in the past 24 hours, a strong sign of growing institutional confidence. Looking at the chart, Ethereum is breaking out of a cup-and-handle pattern on the 4-hour chart. With momentum on its side and RSI still below extreme overbought territory, ETH appears poised to test the $3,120 to $3,180 zone in the near term. Support is now seen at $2,920, which was a key resistance flipped into support. Also read our Ethereum (ETH) Price Prediction 2025, 2026-2030! Ripple XRP Price Prediction: XRP is no laggard either, climbing 6.55% on the day to trade at $2.58, supported by strong buying interest and a surge in trading volume to $6.83 billion. The main catalyst appears to be growing optimism around a final resolution in the long-running Ripple vs. SEC case. Reports hint at the final terms of the settlement being reached, boosting investor confidence. Technically speaking, XRP price broke above the key resistance level of $2.50 with increasing volume, triggering a bullish flag breakout. The MACD indicator on the hourly chart has flipped bullish, and price structure suggests continuation toward the $2.75 to $2.80 level in the short term. Support now rests at $2.45, which is likely to attract dip-buyers if the price pulls back. FAQs Why are crypto prices up today? The Crypto prices are rising today due to a combination of record ETF inflows, over $1 billion in short liquidations, whale accumulation in ETH, and optimism ahead of U.S. regulatory discussions set for July 14. Will Bitcoin price break out to another all-time high? Yes, if the bullish momentum sustains, BTC price could eye another ATH above $121k. How much is 1 XRP for? The price of 1 XRP token at the time of press is $2.58, with an intraday price surge of 6.55%