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Coinpedia

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Can XRP Price Reach $3.30 by Month-End? 

  • XRP price surged strongly, breaking multi-month resistance and sparking bullish sentiment among traders.
  • Ripple's positive developments formed an inverse Head and Shoulders pattern, indicating a potential reversal.
  • Analyst projects XRP price could potentially reach $3.30 in the long term supported by bullish indicators.
  • Indicators like MACD, Awesome Oscillator, and RSI show bullish strength, with potential for another price spike.

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Coinpedia

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SUI Price is Breaking Out—Will it Surge by 35% in July?

  • SUI token has broken above $3, signaling a 30% potential upswing to reach $4-4.3 range, driven by ecosystem growth and bullish technical patterns.
  • The breakout from a descending channel is supported by rising open interest and spot volume, with technical indicators indicating a bullish trajectory.
  • Ecosystem growth, DeFi integrations, rising social buzz, and user participation are amplifying SUI's rally, increasing investor confidence.
  • Despite upcoming token unlocks and resistance levels between $3.2 and $3.38, a decisive close above could lead to further growth, possibly pushing SUI price above $4.

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TheNewsCrypto

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Pudgy Penguins (PENGU) Heats Up the Charts with Price and Volume Surges

  • Pudgy Penguins (PENGU) has seen a 32% surge in price, reaching $0.01944, with a significant increase in trading volume by over 383%.
  • The crypto market has shown signs of recovery, with PENGU leading as a top gainer, testing crucial resistance levels.
  • PENGU's technical indicators, including MACD and CMF, suggest a bullish momentum is building, with potential resistance levels and support at $0.01935.
  • With Pudgy Penguins' RSI in the overbought zone and potential upcoming price movements, the asset is closely watched as it aims for higher price levels.

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Newsbtc

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‘Real’ Crypto Bull Run Just Beginning, Says Analyst—Here’s Why

  • Independent market technician Kevin, known as @Kev_Capital_TA, believes that the crypto markets are just entering the 'real bull run' phase, supported by technical signals and macroeconomic data.
  • Kevin emphasized the importance of Tether dominance in the crypto market and highlighted various technical indicators, including USDT.D charts, Stochastic RSI, and the Bitcoin hash-ribbon indicator.
  • He discussed the significance of on-chain data and altcoin capital rotation as key factors driving the bullish thesis, particularly focusing on Ethereum and related assets.
  • While optimistic about the potential for a significant rally, Kevin cautioned that confirmation through sustained price action and technical breakouts is necessary before declaring a full-fledged cycle peak.

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TronWeekly

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Ethereum Gains Momentum Above $2,800 as Market Eyes $4,000 Level

  • Ethereum surged past $2,800 with a 7.3% increase in 24 hours and 8.7% over seven days, pushing market cap to $340.59 billion.
  • Analysts are optimistic as Ethereum approaches technical indicators, with $4,000 seen as the primary resistance level.
  • Chart analysis points to Ethereum potentially reaching $4,000, with key support levels at $2,440 to $2,460 and major resistance at $3,000 to $3,500.
  • Traders are advised to monitor volume trends closely, with a focus on surpassing the 50-week moving average to sustain upward momentum towards $4,000.

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Coinjournal

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GMX price dives 20% after $40 million hack

  • GMX price fell 20% after a $40 million exploit on its V1 platform.
  • Investor panic and security concerns pressured the price near $11.45.
  • Exploit led to loss of $40 million triggering sharp decline in GMX token value.
  • GMX's response and security measures will be crucial to stabilize confidence.

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Coindoo

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Ripple CEO Predicts Trillion-Dollar Stablecoin Boom

  • Ripple CEO Brad Garlinghouse predicts a trillion-dollar stablecoin boom driven by rising adoption and institutional demand.
  • Ripple's RLUSD stablecoin, launched in late 2024, has already achieved a $500 million market cap with BNY Mellon as its custodian, indicating Ripple's alignment with traditional financial standards.
  • Garlinghouse highlighted Ripple's experience with financial institutions and regulatory compliance as competitive advantages in the stablecoin sector, stating they bring scalable infrastructure.
  • Industry experts echo the optimism, with forecasts of a $1-2 trillion stablecoin market fueled by increasing involvement from banks, retailers, and fintechs, especially pending new legislation like the GENIUS Act.

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TronWeekly

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Solana Price Breakout Eyes $164 Amid Growing Market Optimism

  • Solana (SOL) has broken out of consolidation and is targeting the $164 level, supported by technical indicators confirming the bullish trend and rising volume.
  • Solid fundamentals, including ETF approval and inflows from staking, underpin Solana's rally, making it one of the top-performing cryptocurrencies in the last 24 hours.
  • The price of Solana (SOL) is currently at $157.98, with increased trading volume and market value at $84.63 billion, reflecting growing interest from users and institutional investors.
  • Solana forms a bullish breakout chart pattern supported by rising volume and higher highs. The approval of a Solana-based ETF boosts investor sentiment, indicating potential for further gains in the cryptocurrency.

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TronWeekly

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FARTCOIN Breakout Signals Point to $3 Target This Month

  • Fartcoin is showing strong breakout signs, targeting $3 this month amid bullish momentum in altcoins.
  • Open interest in Fartcoin futures hit $754M, the second-highest among meme coins, signaling aggressive trader positioning.
  • Key resistance zones to watch are $1.24, $1.47, and $1.64, with a crucial volume test between $1.21 and $1.24 for sustained upside.
  • Indicators like MACD and RSI remain bullish to some degree, but cautious sentiment exists due to whale sell-offs. Fartcoin is nearing a breakout with $754M open interest in futures.

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Coinjournal

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Ethereum price surges 6% to $2,800 as shorts suffer amid $500M crypto liquidation

  • Ethereum's price surged 6% to above $2,800 driven by Bitcoin's rally to $112,000 and optimism around ETH whale activity.
  • Over $500 million in leveraged positions, including $139 million in ETH, were liquidated, leading to sharp price movements across major exchanges.
  • Institutional interest and increased buying activity are expected to propel Ethereum's price higher, with the anticipation of a breakout above $3,000.
  • Despite over $500 million in liquidations impacting leveraged traders, market sentiment remains cautiously optimistic, supported by institutional inflows and Ethereum's role as a foundational blockchain.

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99Bitcoins

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Treasure MAGIC Crypto Rips 30%, Is Another 2X Rally Incoming?

  • Treasure MAGIC crypto surged 30%, targeting $0.30 and $0.60 following a breakout from a sideways consolidation period.
  • MAGIC token outperformed major cryptos like Bitcoin and Ethereum in the past 24 hours, with a significant spike in trading volume.
  • The Treasure team is actively expanding and integrating NFTs and AI features into web3 games, with high-profile partnerships and announcements.
  • Treasure launched the AI Agent Creator, allowing users to turn NFT collections into AI agents, enhancing interactivity in gaming on platforms like Gigaverse.

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Coindoo

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XRP Climbs Higher on Whale Demand and ETF Expectations

  • XRP on-chain data reveals nearly 2,750 wallets hold over 1 million XRP each.
  • Total whale-controlled XRP supply exceeds 47 billion tokens with strategic moves hinting at potential plays ahead.
  • XRP's price surge coincides with a strong quarterly close, driven by increasing demand particularly in South Korea.
  • Expectations rise with ProShares XRP ETF listing on DTCC, possibly leading to U.S. trading approval and institutional inflows.

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99Bitcoins

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Why is Crypto Going Up? BTC Briefly Touches New ATH of $112k

  • Bitcoin (BTC) surged to a new all-time high of $112,040 on Bitstamp, with a market cap of $2.22 trillion.
  • Geopolitical uncertainty and Bitcoin's appeal as a macro hedge amid tariff announcements have contributed to the rally.
  • Bitcoin's decoupling from traditional assets like the S&P 500 has been noted during recent equity corrections.
  • A decrease in Bitcoin reserves on exchanges indicates a potential supply shock, while a reset in the derivatives market may fuel further gains.

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99Bitcoins

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Ethereum Projections: ETH Gains Wall Street Cred as Fidelity Calls It a Store of Value

  • Fidelity Investments recently described Ethereum (ETH) as a legitimate store of value and a key component of modern digital infrastructure.
  • Following the report, the market sentiment surrounding ETH turned bullish almost overnight, with the token surging nearly 7% to $2,620 and surpassing Bitcoin in daily trading volume and open interest.
  • Despite the recent rally, traders are accumulating short positions against ETH, potentially anticipating a market correction despite the positive momentum.
  • Ethereum faces skepticism but shows signs of building momentum in Q3, with increasing spot demand and a potential push to reclaim $3,000 as a key price target.

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99Bitcoins

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CZ and YZi Labs Backing Brand New US-Based BNB Treasury Company

  • CZ and YZi Labs to back BNB-focused US firm through 10X Capital.
  • 10X Capital creating first US BNB Treasury, supported by YZi Labs.
  • BNB Treasury emphasizing transparency, community engagement, and institutional access.
  • Public listing planned; BNB's value poised for potential new all-time high.
  • Institutional adoption of digital assets gains traction with new investment strategies.

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