Understanding the Multi-Year Compression

Recent analysis by crypto expert EGRAG CRYPTO highlights the significance of the macro triangle on XRP’s chart. This formation isn’t mere market noise; rather, it acts as a roadmap for long-term price movements. The multi-year pattern, observed on a 2-month chart, suggests a major price shift is on the horizon as it approaches its apex.

EGRAG CRYPTO was one of the first to identify this potential breakout, seeing what others dismissed as stagnation as a critical phase in XRP’s evolution. This disciplined analysis of the market reveals substantial accumulation and pressure building within the triangle’s boundaries, indicating that a significant move is imminent.

The Potential for an XRP Breakout

This strategic roadmap is invaluable for investors, guiding them through possible breakout phases. As XRP gradually exits this historic consolidation pattern, investors can anticipate structured, strategic developments. The focus remains on the disciplined long-term price action, which provides clarity amidst short-term volatility.

Challenges in the Short-Term

Despite the promising long-term outlook, current market conditions display hesitation. Analyst Umair Crypto notes the double-bottom structure is struggling to gain traction. The recent price bounce from the $1.84 area aligns with the $1.772–$1.962 Fibonacci retracement, explaining the temporary reaction.

For a shift in momentum, XRP needs to close above the $1.96 level. Surpassing this threshold could flip the daily RSI trendlines, marking a crucial step toward a bullish shift. A breakout past the $2.00 mark would reclaim the daily 50 SMA, signaling the return of a bullish structure.

Until these resistance levels are overcome, the short-term outlook remains bearish, making XRP vulnerable to further declines. The risk of lower lows persists unless buyers regain control above these critical points.

Conclusion

While short-term challenges remain, the potential for an XRP breakout offers a compelling long-term narrative. Investors should focus on the disciplined analysis and structured roadmap, positioning themselves strategically for the potential gains as XRP approaches the end of its multi-year compression phase.

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Bitcoin Price Eyes Major Breakout

The Bitcoin price initiated a fresh rally, moving beyond the $116,000 mark. The cryptocurrency managed to surpass the $116,200 and $116,500 resistance points, indicating bullish momentum.

Recently, the bulls propelled Bitcoin above $117,500, reaching a peak of $117,920. However, a minor correction saw the price dipping to test the 50% Fibonacci retracement level from the $115,247 swing low to the $117,920 high. Despite this dip, the bulls remained active around $116,750.

Resistance Levels to Watch

Currently, Bitcoin is trading above the $116,500 level as well as the 100 hourly simple moving average. A key bullish trend line provides support at $115,800 on the hourly BTC/USD chart. Immediate resistance is present near the $117,500 level, with the first major resistance around $117,850, followed by $118,000.

A closure above $118,000 could propel Bitcoin to test the $118,500 resistance level. Continued upward momentum might see Bitcoin targeting $118,800 and possibly $119,250 in the near term.

Potential Downside Risks

If Bitcoin fails to overcome the $117,850 resistance, it might face a fresh decline. Immediate support lies near $116,550, with the first significant support around $115,800. Further declines could see Bitcoin testing the $115,250 zone, and any substantial losses might push the price down to the $114,500 support level. The main support sits at $112,500, a critical threshold that could lead to a deeper decline if breached.

Technical Indicators

• Hourly MACD – Losing pace in the bullish zone.
• Hourly RSI – Currently above the 50 mark.

Major support is seen at $116,550 and $115,800, while resistance levels are at $117,850 and $118,000.

The current Bitcoin price trend suggests a potential major breakout, keeping investors and traders on edge as they watch for key resistance levels to be tested and possibly surpassed.

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Understanding the XLM Breakout Potential

At present, Stellar XLM is trading at approximately $0.39, as observed in recent market activities. Despite a 3% daily dip and a 4% decline over the past week, the potential for a breakout is becoming evident. Over the past month, XLM has experienced a decline of 11%, contrasting with the broader crypto market, which has shown gains in August.

Crypto analyst Ali Martinez points out that, “Stellar $XLM still needs one more dip before the breakout to $1.” The formation of an inverse head and shoulders pattern supports this prediction, hinting at a possible trend reversal.

Key Technical Levels for Stellar XLM

The pattern indicates a left shoulder formed earlier this year, with a head emerging between May and June, and a right shoulder developing through August. Support is identified near $0.36, aligning with the 0.618 Fibonacci retracement level. A dip into this zone would complete the pattern.

If XLM descends below the $0.36 support, the subsequent level is around $0.33. On the upside, a neckline rests near $0.50, and a confirmed breakout could pave the way for targets at $0.62, $0.82, $0.94, and potentially $1.10, based on Fibonacci projections.

Market Indicators and Momentum

Currently, the Relative Strength Index (RSI) stands at 44, slightly below the neutral 50 mark, indicating weaker momentum without being oversold. A decline towards 30 would suggest heavier selling pressure, while surpassing 50 would hint at strengthening bullish momentum.

The MACD is also nearing a potential upward cross, with values showing consolidation in the market. This fading bearish pressure could be a precursor to a bullish trend if the MACD crosses upward.

Leverage in the Market and ETF Developments

According to Coinglass data, trading volume has decreased by 10% to $465 million, while open interest is down by 5% to $314 million. A recent short liquidation of $10K and a long liquidation of $1K suggest more pressure on short positions.

Moreover, a new development is the filing for the Canary American-Made Crypto ETF, which could significantly impact US-origin tokens like Stellar. Eric Balchunas noted, “Get ready for ETFs to try every combo imaginable,” highlighting the potential for increased institutional exposure.

In conclusion, while the Stellar XLM market remains volatile, the current technical patterns and market indicators suggest a potential for an impressive breakout. Investors should watch the critical levels and momentum indicators closely to capitalize on this opportunity.

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Over the past week, XRP’s performance has outpaced major competitors like Bitcoin, Ethereum, Cardano, and Solana, demonstrating its resilience. This resurgence has sparked discussions about a “2017 style” breakout, reminiscent of its historic price rally.

What Drives the XRP Breakout?

The potential for an XRP Breakout is fueled by several factors. Firstly, the ongoing legal battle with the SEC has not deterred investor confidence. Market participants remain optimistic about Ripple’s eventual victory or settlement, which could remove regulatory uncertainties.

Secondly, XRP’s recent price movements indicate a strong upward trend. Analysts point to technical indicators that suggest a bullish pattern, which could lead to a breakout similar to the one experienced in 2017. Historical data shows that XRP has the capability to achieve exponential growth in a short period.

XRP Price Prediction: Could It Hit $100?

The question on every investor’s mind is whether XRP can realistically hit $100. While this figure seems ambitious, the current market conditions and historical performance provide a basis for this prediction. Analysts highlight that if XRP follows its previous growth trajectory, a 300x increase from current levels is plausible.

Moreover, the growing adoption of Ripple’s technology in cross-border payments and partnerships with financial institutions worldwide bolster the bullish outlook for XRP. As more organizations integrate Ripple’s solutions, XRP’s utility and demand are expected to rise, potentially driving prices higher.

Market Sentiment and Investor Confidence

Market sentiment plays a crucial role in the potential XRP Breakout. As confidence in Ripple’s legal standing grows, so does investor interest. This optimism is reflected in trading volumes and social media discussions, where XRP continues to trend as a hot topic.

Additionally, the broader cryptocurrency market has shown signs of recovery, with many altcoins experiencing upward momentum. XRP’s strong performance could inspire further investment, particularly from those seeking high-risk, high-reward opportunities.

While reaching $100 remains speculative, the current indicators suggest that XRP is on a promising path. Investors and traders should stay informed and consider the potential risks and rewards associated with this volatile asset.

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For nine consecutive months, XRP has remained above its highest monthly closing price, showcasing a pattern of patience and consolidation. This behavior, analysts like CrediBULL Crypto point out, mirrors historical trends seen in both Bitcoin (BTC) and XRP itself before major price expansions. Such consolidation often precedes significant upward movements, setting the stage for XRP breakout.

XRP’s Long Consolidation vs. Ethereum’s Cooling Momentum

Market strategist CrediBULL Crypto recently highlighted that the XRP/ETH trading pair has retreated to a crucial support zone after a remarkable 700% surge earlier this year, followed by a three-month correction. This key level, often referred to as a mid-range zone, has historically acted as a launchpad for renewed momentum, fueling the anticipation of an XRP breakout.

Meanwhile, Ethereum is approaching its all-time high for the first time in this cycle, following a clear five-wave upward pattern from around $2,100. Such patterns generally lead to periods of consolidation as markets digest gains, suggesting that ETH’s rapid rise may be nearing a pause. This scenario could provide the perfect backdrop for XRP to outperform Ethereum in the upcoming weeks.

Price Action Signals Strength, But Risks Remain

Currently, XRP is trading at $3.01, with minor fluctuations within the past 24 hours. Despite a 4.6% dip over the last week, XRP’s resilience in the market is evident, maintaining a year-on-year increase of over 430%. Chartist Ali Martinez has identified $2.80 as a critical level, where a significant accumulation of tokens by large investors occurred, valued at more than $5 billion. This support zone was tested earlier this month, with XRP rebounding towards the $3.30 resistance.

However, CryptoPotato’s latest assessment warns that failure to maintain the $2.80 support could see XRP retreat towards $2.10. On the BTC pair, XRP has successfully broken out of a multi-month downtrend, surpassing both the 100-day and 200-day moving averages, which signals relative strength against Bitcoin.

As the crypto community closely watches these developments, the potential for an XRP breakout against Ethereum appears increasingly promising. Analysts believe that a decisive move past $3.26 could pave the way for XRP to challenge its recent all-time high near $3.65.

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Adding to Avalanche’s long-term value is FIFA’s Layer-1 project, which is expected to increase its visibility among institutional players.

AVAX on the Brink of a Major $27 Resistance

The cryptocurrency Avalanche (AVAX) is once again nearing a price point that has previously halted its rallies. The $27 threshold has served as a barrier in previous trading sessions, with the most recent rebuff occurring in March. If the current upward movement can surpass this threshold, the next target projected by analyst Ali Martinez is around $36.

At the time of writing, AVAX was trading at $23, marking a 1% decrease in the past 24 hours and a 4.7% drop over the last week. Despite this, the overall trend since July has remained robust, with the price rising over 65% from lows around $15.50.

Short-Term Hesitation Below the 9-Day SMA

The recent downturn has brought the price below the 9-day simple moving average, which now stands at $24.35. This short-term trend line is a valuable tool for assessing momentum. The RSI reading is currently 56.80, indicating a potential pullback by buyers. If the RSI dips below 50, it could signify further weakness.

Keep an Eye on the $33-$36 Range if Breakout Sustains

Trader CW explains that the last dip found support at the 0.618 Fibonacci level, suggesting a potential upside zone around $33.30 based on the 1.618 extension. This range aligns with the $36 resistance zone active in late 2023. If AVAX can surpass the $27 resistance, these levels will be closely watched.

In the event of a failed breakout, the price could revisit support zones around $23.50 or $20.50, which previously served as resistance levels and could now attract demand.

Earlier this year, FIFA announced its blockchain network would be built on Avalanche. The FIFA Blockchain project, designed to power digital collectibles and fan experiences, will operate as a Layer-1 chain and aims to reach global audiences in the sports and media sectors.

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Ethereum experienced an exciting rally last week, coinciding with Bitcoin’s surge to new all-time highs. This rally, which saw Ethereum approach $3,000, wasn’t solely due to Bitcoin’s momentum. Ethereum itself attracted sizeable institutional interest from Spot Ethereum ETFs.

Data from SoSoValue indicates that US-based Spot Ethereum ETFs saw a combined inflow of $907.99 million last week, the highest since the products’ launch in July 2024. July 10 alone saw an inflow of $383.10 million, marking the largest single-day inflow for any Ethereum ETF in 2025 thus far.

In a post on social media platform X, Merlijn highlighted a confirmed bull flag breakout on Ethereum’s daily candlestick chart. This technical setup came after a falling wedge reversal that kick-started the current uptrend.

The falling wedge that led to the reversal started from the highs of December 2024 to the lows of April 2025. The breakout happened in mid-May, leading Ethereum into a narrow flag-like consolidation that lasted until the recent breakout above $2,700.

This pattern has now resolved upwards, and the next price target of $3,834 is based on the price action that formed the pole of the bull flag.

On-chain indicators corroborate Ethereum’s current strength. Data from on-chain analytics platform Santiment shows that Ethereum’s price has been oscillating around the $3,000 mark since Friday. During this time, 124.13 million out of the total 155.04 million ETH supply became profitable, accounting for approximately 80% of all tokens. This is the highest percentage of profitability recorded since January 2025.

The same data suggests that Ethereum is just 13 million coins shy of reaching the total supply in profit at its previous all-time high in December 2024. This shift towards a profit-heavy network state could encourage holding behavior and long-term conviction, reducing sell pressure in the upcoming week. As a result, Ethereum could potentially close a daily candle above $3,000 and move towards the $3,834 price target.

As of this writing, Ethereum is trading at $2,960, up by 17.5% in the past 24 hours.

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Looking at SUI’s price prediction, a sharp turn from the 20-day exponential moving average (EMA) of $2.92 was noted on Wednesday, and a break above the 50-day simple moving average (SMA) of $3.08 was observed on Thursday. The 20-day EMA is showing signs of an upward move, and the relative strength index (RSI) has entered positive territory – an indication that the bulls are beginning to take control. If the price stays above the 50-day SMA, the SUIUSDT pair could advance to $3.55.

However, if the price drops and breaks below the 20-day EMA, it could signal that the bears are not done selling. In such an event, the pair might fall to $2.64, and possibly to $2.29 thereafter.

The SUIUSDT pair has completed a bullish inverse head-and-shoulders pattern, closing above the $3.08 level. The upsloping moving averages suggest a buyer’s market, but the overbought status on the RSI indicates a potential pullback in the near future. The neckline is a significant support level to monitor in case of a downward movement. If the price bounces off the neckline, the pair could rally to $3.50 and eventually to the pattern target of $3.89.

This optimistic scenario could be invalidated if the price decreases and falls below the moving averages. This could pull the pair down to $2.80 and potentially to $2.60. Like any investment or trading decision, this involves risk and should be evaluated thoroughly before action is taken.

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Altcoins on the Verge of a Historic Breakout as Bear Trap Concludes

According to a chart analysis by renowned crypto specialist Merlijn The Trader, the altcoin market could be on the cusp of a remarkable breakout. The expert compares the current cycle with those of 2017 and 2021, illustrating that the total altcoin market capitalization has regained a long-term ascending trendline that has historically preceded major bull runs.

In prior cycles, altcoins temporarily breached this trendline in what was considered a “bear trap,” before quickly reversing and initiating periods of explosive growth. Merlijn The Trader discloses that this pattern seems to be repeating itself in the current cycle, with the market structure closely resembling previous scenarios that fueled swift increases in altcoin valuations.

The recovery of the ascending trendline is highlighted within a red box in the chart, corresponding with areas that marked the conclusion of previous downtrends. In each case, the recovery was succeeded by aggressive upward movement, signified by green boxes representing parabolic gains in total market cap. The recent rebound, according to Merlijn The Trader, might indicate the end of another bear trap, signifying a resurgence of bullish momentum. If the historical pattern holds, the analyst anticipates a significant vertical rally for altcoins, with valuations potentially reaching between $10-$16 trillion.

Altcoin Market Echoes Breakout Pattern of 2016-2018

In another recent analysis, Merlijn The Trader points out that the altcoin market cap appears to be replicating a historical pattern that previously resulted in a significant bull run. A side-by-side comparison of the 2016-2018 market cycle and the present one reveals a similar structure unfolding, albeit on a far greater scale.

It seems the market has formed a Double Bottom, trailed by a mid-cycle correction and consolidation inside a descending broadening wedge pattern. This identical fractal was observed before the 2017 altcoin rally. The chart also shows that in the previous cycle, altcoins escaped this wedge pattern, resulting in a substantial increase in market cap, dubbed as “Pump 2.0”.

With the same breakout now evident in the current market structure, Merlijn The Trader suggests that the altcoin sector might be stepping into its next parabolic expansion phase. This progression could indicate the end of the altcoin market’s current bear phase and the initiation of a second macro pump, akin to the one that took place between 2017 and early 2018.

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In the world of crypto trading, a ‘flag’ pattern is identified when the price of a coin stabilizes following a drop and subsequent rise. According to Bitcoinensus, PEPE first formed one such flag, then soared from roughly $0.0000015 to $0.000015, marking a near 10x gain. A second flag seems to be forming recently, and if PEPE breaks out again, it could mimic the previous rally. Speculation suggests that a new breakout could propel PEPE to a 20X move from its current price.

In a subsequent analysis done by Solberg Invest on X, they present an optimistic short-term outlook. They predict PEPE to reach $0.000015 if it can hold above the crucial support line of $0.0000102. This threshold has been tested several times in recent weeks and has consistently shown strong buying interest, providing hope for the next significant upward move. However, they warn that if PEPE falls below $0.0000102, it could jeopardize the potential for the next big surge.

Recent charts show PEPE trading within a triangle pattern, a trend closely tracked by traders as it often leads to quick price changes following a breakout. Currently, PEPE is perched at the top of this triangle, and if trading volume increases, causing the token to close above the old resistance line, it could rally a new wave of buyers.

The survival of meme tokens like PEPE heavily relies on social enthusiasm. With a dedicated fan base on platforms like X, PEPE continues to grow in popularity. Previous rallies have been driven by meme posts and community-led memes, encouraging new investors to join the fray. Continued social chatter could be enough to spark another rally, at least in the short term.

However, while the potential rewards are high, the risks are equally considerable. Previous rallies have seen PEPE’s price drop drastically, losing as much as 95% of profits in a single session. Those considering entering at $0.0000102 should be prepared for extreme fluctuations and should only risk capital that they can afford to lose.

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