Bitcoin Price Respects Support Zone — Bulls Eye Fresh Rally

Bitcoin price remained supported above the $107,500 zone. BTC is now recovering losses and might aim for a move above the $109,200 resistance.

  • Bitcoin started a recovery wave above the $108,000 zone.
  • The price is trading above $108,500 and the 100 hourly Simple moving average.
  • There is a bearish trend line forming with resistance at $109,050 on the hourly chart of the BTC/USD pair (data feed from Kraken).
  • The pair could start a fresh increase if it stays above the $107,500 zone.
Bitcoin Price Eyes Upside Break Bitcoin price started a fresh decline after it failed near the $110,000 zone. BTC declined below the $108,500 and $108,000 levels before the bulls appeared. A low was formed at $107,650 and the price started a recovery wave. There was a move above the $108,500 resistance zone. The price climbed above the 50% Fib retracement level of the downward move from the $109,700 swing high to the $107,500 low. Bitcoin is now trading above $108,500 and the 100 hourly Simple moving average. The first key resistance is near the $109,050 level. Besides, there is a bearish trend line forming with resistance at $109,050 on the hourly chart of the BTC/USD pair. The next resistance could be $109,200 or the 76.4% Fib level of the downward move from the $109,700 swing high to the $107,500 low. A close above the $109,200 resistance might send the price further higher. In the stated case, the price could rise and test the $110,000 resistance level. Any more gains might send the price toward the $112,000 level. The main target could be $115,000. Another Decline In BTC? If Bitcoin fails to rise above the $109,200 resistance zone, it could start another decline. Immediate support is near the $108,400 level. The first major support is near the $108,200 level. The next support is now near the $107,500 zone. Any more losses might send the price toward the $105,500 support in the near term. The main support sits at $103,500, below which BTC might continue to move down. Technical indicators: Hourly MACD – The MACD is now gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 level. Major Support Levels – $108,500, followed by $107,500. Major Resistance Levels – $109,200 and $110,000.

Bitcoin Bull Flag Breakout Confirmed — What Happens Next?

Bitcoin has broken out of the orange bull flag on the 1-hour chart. After consolidating within a tight range, the breakout suggests that momentum is shifting back in favor of the bulls, and potentially setting the stage for a rapid push toward higher resistance levels. Pullback Or Launchpad? What Bitcoin’s Next Move Could Look Like According to MaxFINEancial’s latest analysis on X, he highlighted that a large green double bottom is forming within an orange bull flag on the 1-hour chart, which is a bullish continuation setup. The local high was a test of the trigger line of the double bottom, which signaled intent from the bulls. BTC is retesting the upper edge of the bull flag, aligning with the 1-hour 200-day MA, a critical dynamic support level that often dictates short-term momentum. MaxFINEancial projects a small pink bullish pennant forming and setting up for a continuation move higher. However, a rare diamond top pattern could also be taking shape, a bearish reversal formation that, if validated, may trigger a sharp downside move. If BTC loses the 1-hour 200-day MA, he advises shifting focus to the 4-hour 200-day MA, which is the line of defense. The important bullish area targets are $113,700, $115,867, $117,030, and $122,143, while the bearish diamond top target is $103,079. Market analyst A_y has also highlighted that Bitcoin is consolidating below the $110,000 resistance on the 4-hour chart, with the structure forming a textbook ascending triangle. This setup is the rising higher lows against horizontal resistance that precedes a strong breakout. If BTC manages to break above $110,000, the move could accelerate toward the $112,000 to $114,000 range, marking a bullish trend. However, failure to breach this ceiling may lead to a pullback toward $104,000, where previous demand has stepped in. The Relative Strength Index (RSI) is neutral, suggesting that there is room for momentum to build, while the Moving Average Convergence Divergence (MACD) shows a bullish crossover, that is hinting at potential upward momentum, BTC is still trading below the EMA, which means bulls need to prove strength for a confirmed breakout. Bitcoin Stable At $108,000 — Market Cooling, Not Crashing In an update on X, Chad_TattoosMD also emphasized that Bitcoin is showing resilience and holding strong around the $108,000 level despite the recent dip. BTC is maintaining its structure and refusing to break lower, which is a sign of underlying buyer confidence. The Relative Strength Index (RSI) sits at neutral 54, indicating no extreme momentum in either direction. Meanwhile, the Stochastic (RSI) has entered overbought territory and is now cooling off, hinting at a potential short-term pullback. However, nothing on the chart suggests a breakdown is imminent. Chad_TattoosMD also points to $106,000 as the key support, and $112,000 as the resistance, which remains in a tight zone on the chart.

Ethereum Price Turns Positive — More Upside Likely if Momentum Holds

Ethereum price started a fresh increase above the $2,550 zone. ETH is now consolidating gains and might aim for a fresh move above $2,620.

  • Ethereum started a fresh increase above the $2,550 level.
  • The price is trading above $2,580 and the 100-hourly Simple Moving Average.
  • There is a key bullish trend line forming with support at $2,550 on the hourly chart of ETH/USD (data feed via Kraken).
  • The pair could start a fresh increase if it remains supported above the $2,550 zone in the near term.
Ethereum Price Gains Pace Ethereum price started a fresh increase above the $2,560 zone, beating Bitcoin. ETH price gained pace for a move above the $2,600 resistance zone and entered a positive zone. The price even tested the $2,620 resistance. A high was formed at $2,627 and the price is now consolidating gains. It is stable above the 23.6% Fib retracement level of the upward move from the $2,515 swing low to the $2,627 high. Ethereum price is now trading above $2,580 and the 100-hourly Simple Moving Average. Besides, there is a key bullish trend line forming with support at $2,550 on the hourly chart of ETH/USD. On the upside, the price could face resistance near the $2,620 level. The next key resistance is near the $2,650 level. The first major resistance is near the $2,680 level. A clear move above the $2,680 resistance might send the price toward the $2,780 resistance. An upside break above the $2,780 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $2,880 resistance zone or even $2,920 in the near term. Are Downsides Limited In ETH? If Ethereum fails to clear the $2,620 resistance, it could start a fresh decline. Initial support on the downside is near the $2,570 level. The first major support sits near the $2,520 zone and the trend line. A clear move below the $2,520 support might push the price toward the $2,450 support. Any more losses might send the price toward the $2,350 support level in the near term. The next key support sits at $2,320. Technical Indicators Hourly MACDThe MACD for ETH/USD is losing momentum in the bullish zone. Hourly RSIThe RSI for ETH/USD is now above the 50 zone. Major Support Level – $2,520 Major Resistance Level – $2,620

XRP Price Regains Traction — Is a Powerful Upside Break Brewing?

XRP price started a fresh increase above the $2.30 zone. The price is now showing positive signs and might climb above the $2.32 resistance.

  • XRP price started a fresh increase above the $2.280 zone.
  • The price is now trading above $2.280 and the 100-hourly Simple Moving Average.
  • There is a key bullish trend line forming with support at $2.280 on the hourly chart of the XRP/USD pair (data source from Kraken).
  • The pair could start another increase if it stays above the $2.250 zone.
XRP Price Eyes Fresh Increase XRP price started a fresh increase after it settled above the $2.2620 level, beating Bitcoin and Ethereum. The price was able to climb above the $2.280 resistance level. The recent move was positive and the bulls pushed the price above the 50% Fib retracement level of the downward move from the $2.353 swing high to the $2.251 low, and tested the $2.32 zone. Besides, there is also a key bullish trend line forming with support at $2.280 on the hourly chart of the XRP/USD pair. The price is now trading above $2.280 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $2.320 level. The first major resistance is near the $2.330 level or the 76.4% Fib retracement level of the downward move from the $2.353 swing high to the $2.251 low. A clear move above the $2.330 resistance might send the price toward the $2.350 resistance. Any more gains might send the price toward the $2.40 resistance or even $2.420 in the near term. The next major hurdle for the bulls might be near the $2.50 zone. Another Decline? If XRP fails to clear the $2.320 resistance zone, it could start another decline. Initial support on the downside is near the $2.280 level and the trend line zone. The next major support is near the $2.250 level. If there is a downside break and a close below the $2.250 level, the price might continue to decline toward the $2.220 support. The next major support sits near the $2.20 zone. Technical Indicators Hourly MACD – The MACD for XRP/USD is now gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now above the 50 level. Major Support Levels – $2.280 and $2.250. Major Resistance Levels – $2.330 and $2.350.

Bitcoin Absorbs Strong Selling Pressure On Binance Derivatives – Breakout Ahead?

Bitcoin (BTC) has remained range-bound between $100,000 and $110,000 since May 7, aside from a few dips to as low as $98,000 in June, which were quickly followed by daily candle closes above the $100,000 level. Recent analysis reveals that BTC has withstood sustained selling pressure on Binance Derivatives throughout this period. Bitcoin Withstands Binance Derivatives Sell-Off According to a CryptoQuant Quicktake post by contributor BorisVest, taker users on Binance Derivatives have consistently engaged in sell-side activity for at least the past 45 days. Notably, the Cumulative Volume Delta (CVD) has remained negative throughout this time. For the uninitiated, the CVD measures the net difference between market buy  – aggressive buying – and market sell – aggressive selling – orders over time. It helps traders identify whether buying or selling pressure is dominating, even if price remains stable. BorisVest noted that Binance Derivatives traders are treating each BTC bounce or rally as a selling opportunity, opening aggressive short positions via market sell orders. However, this strong sell pressure has failed to push prices lower, as BTC continues to absorb the selling activity and maintain support above $100,000. The analyst added that as long as BTC remains within its current range – between $100,000 and $110,000 – while absorbing sell pressure, the potential for upside remains intact. He explained: The CVD metric plays a crucial role here. It aggregates both taker and maker activity to provide a real-time picture of net buy/sell pressure. The fact that CVD remains in decline confirms the dominance of sell-side flow. Yet, the inability of price to drop further despite this pressure may signal that Bitcoin is being absorbed by institutional or large players in the background. That said, other analysts interpret the persistent selling pressure differently. For example, fellow CryptoQuant analyst Crazzyblockk recently observed that new buyer demand is struggling to keep pace with the combined supply pressure from newly mined BTC and selling by long-term holders. BTC Eyeing A Breakout Ahead? Bitcoin’s resilience in the face of heavy selling on Binance Derivatives has once again sparked speculation about a potential breakout. Several additional data points suggest that BTC may be poised to move into a higher price range soon. For instance, recent on-chain data shows that “weak hands” are offloading their BTC holdings to larger, more established investors – indicating a broader shift in sentiment favoring Bitcoin. Meanwhile, institutional interest in the asset continues to grow. Additionally, the Bitcoin Yearly Percentage Trend suggests that BTC could top out around $205,000 by the end of 2025. At press time, BTC trades at $108,589, up 0.4% in the past 24 hours.

Dogecoin (DOGE) Eyes Breakout — Can Bulls Unleash the Next Surge?

Dogecoin started a fresh increase above the $0.1680 zone against the US Dollar. DOGE is now consolidating and might aim for a move above $0.1720.

  • DOGE price started a fresh increase above the $0.1650 and $0.1680 levels.
  • The price is trading above the $0.1680 level and the 100-hourly simple moving average.
  • There is a bullish trend line forming with support at $0.1680 on the hourly chart of the DOGE/USD pair (data source from Kraken).
  • The price could start a fresh rally if it clears the $0.1720 and $0.1750 resistance levels.
Dogecoin Price Eyes More Gains Dogecoin price started a fresh increase from the $0.1650 zone, like Bitcoin and Ethereum. DOGE was able to climb above the $0.1665 and $0.1680 resistance levels. The bulls even pushed the price above the $0.170 resistance. There was a steady increase and the price even spiked above the 50% Fib retracement level of the downward move from the $0.1722 swing high to the $0.1657 low. Dogecoin price is now trading above the $0.1680 level and the 100-hourly simple moving average. Besides, there is a bullish trend line forming with support at $0.1680 on the hourly chart of the DOGE/USD pair. Immediate resistance on the upside is near the $0.1720 level. The first major resistance for the bulls could be near the $0.1730 level or the 61.8% Fib retracement level of the downward move from the $0.1722 swing high to the $0.1657 low. The next major resistance is near the $0.1750 level. A close above the $0.1750 resistance might send the price toward the $0.180 resistance. Any more gains might send the price toward the $0.200 level. The next major stop for the bulls might be $0.2120. Another Decline In DOGE? If DOGE’s price fails to climb above the $0.1750 level, it could start another decline. Initial support on the downside is near the $0.1680 level or the trend line zone. The next major support is near the $0.1650 level. The main support sits at $0.1610. If there is a downside break below the $0.1610 support, the price could decline further. In the stated case, the price might decline toward the $0.1550 level or even $0.1520 in the near term. Technical Indicators Hourly MACD – The MACD for DOGE/USD is now gaining momentum in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for DOGE/USD is now above the 50 level. Major Support Levels – $0.1680 and $0.1650. Major Resistance Levels – $0.1720 and $0.1750.

2% Of All XRP Is In His Hands — But Who Is He?

A long‑time figure in the world of digital money and a noted XRP advocate stepped out of the shadows this week, sparking fresh chatter among investors and developers alike. Arthur Britto, who co‑founded Ripple Labs in 2012, broke a 14‑year silence with a single emoji on X. That tiny message carried big weight. His name rarely surfaces in headlines, but his work helped build XRP into one of the top assets by market value. Impact Of A Secretive Founder According to reports, Britto kept a low profile while helping craft the XRP Ledger’s code. He holds a 2% stake in XRP under a deal made when the company launched. That slice of holdings could be worth billions if the token’s price ever climbed high enough. Some in the market worry that if Britto ever sold even part of that stake, it might send prices tumbling. HE CO-CREATED THE XRP LEDGER. HE HOLDS 2% OF ALL XRP. HE’S NEVER BEEN SEEN IN PUBLIC. Arthur Britto might be the most important figure in crypto you’ve never heard of. Let’s dive into the mystery. pic.twitter.com/xKyiYXIpGY — All Things XRP (@XRP_investing) July 5, 2025 The Satoshi Connection Based on reports, comparisons to Bitcoin’s creator have swirled around Britto for years. Some fans point to the fact that Satoshi Nakamoto’s last known post came just as the XRP Ledger went live. That timing alone has led people to whisper that Britto could be Satoshi under a different name. No proof supports that idea. Experts say it’s more likely just a coincidence. Britto’s lone emoji on X was verified by Ripple CTO David Schwartz. That confirmation set off a wave of theories about what might come next. Some speculated a new protocol update. Others thought it hinted at a partnership or a fresh product launch. So far, nothing public has followed the post. Behind The Scenes At PolySign While he stayed away from interviews, Britto never stopped working. He co‑founded PolySign, a crypto custody firm that now operates under Ripple Custody. That arm provides secure storage for institutions holding digital coins. Based on filings, PolySign handled an estimated $1.5 billion in assets last year. Its integration into Ripple’s services shows Britto’s influence lives on, even if his name doesn’t show up on conference schedules. Future Moves And Market Watch With XRP trading near its recent range, some investors say they’re watching for any hint of action from Britto’s wallet. Price targets in the community sometimes stretch to $10,000 per XRP. Those figures come without verification, and many traders treat them as wishful thinking. Still, a lot can happen if even a fraction of Britto’s holdings moves. Featured image from Meta, chart from TradingView

Bitcoin & Stablecoin Reserves Diverge On Binance: Liquidity Explosion Brewing?

On-chain data shows the Binance Exchange Reserve has diverged between Bitcoin and the stablecoins. Here’s what this could mean for the market. Bitcoin & Stablecoin Exchange Reserves Have Decoupled On Binance In a CryptoQuant Quicktake post, an analyst has talked about the latest trend in the Binance Exchange Reserve for Bitcoin and the stablecoins. The “Exchange Reserve” here refers to an on-chain metric that keeps track of the total amount of a given asset that’s sitting on the wallets attached to a centralized exchange. When the value of this metric rises, it means the holders are making net deposits of the asset to the platform. Generally, investors use exchanges when they want to participate in trading activities, so them making inflows could signal appetite for trading the coin away. For cryptocurrencies like Bitcoin, this is something that can naturally have a bearish impact on the price. The same, however, isn’t true in the case of the stablecoins, as they are, by definition, always stable around the same value as the fiat currency that they are pegged to. Investors usually store their capital in the form of these tokens when they want to avoid the volatility associated with assets like Bitcoin. Many of them, however, plan to eventually return back to the volatile side. Once they have decided to make the switch, they transfer their stablecoins to exchanges. When they make the swap to a coin like Bitcoin, its price naturally observes a buying boost. As such, stablecoin inflows can be bullish for the volatile cryptocurrencies. Now, here is the chart shared by the analyst that shows the trend in the Exchange Reserve of Binance for Bitcoin and the stablecoins over the last couple of years: As displayed in the above graph, the Binance Exchange Reserve for the two asset classes showed some correlation in 2024. But by the end of the year, a shift had occurred, with the stablecoins witnessing sharp inflows and Bitcoin outflows. The two have remained decoupled in 2025 so far, although their trends no longer diverge as extremely. The stablecoin Binance exchange reserve has recently been trending sideways, while the one for Bitcoin has rapidly been moving down. Thus, it would appear that there is a large amount of fiat-tied tokens on the exchange potentially waiting to be deployed into the volatile side and at the same time, investors are also pulling out BTC supply, hinting at ongoing accumulation. This could hint at bullish conditions aligning on the largest cryptocurrency exchange, but it only remains to be seen whether the setup would reflect in the Bitcoin price or not. BTC Price Bitcoin is holding steady as its price is still trading around the $108,800 level.

Solana Ready For $160 Reclaim? Analysts Say Breakout Is A Matter Of Time

As the crypto market moves sideways, Solana (SOL) compresses between two key levels. Some analysts suggest that the cryptocurrency is about to break out and reclaim a crucial resistance level, which could trigger the long-awaited retest of the $200 barrier. Solana Holds Key Support After recovering from last month’s downtrend, Solana has been attempting to reclaim the crucial $160 level to continue its bullish rally. The cryptocurrency traded between the $140-$180 range for two months, but briefly lost its post-breakout range in late June. Two weeks ago, SOL fell below the $130 area, hitting a two-month low of $126 on June 22. Since then, the altcoin has recovered, fueled by last week’s launch of a Solana staked crypto Exchange-Traded Fund (ETF) in the US by Rex Shares. Following the news, Solana’s price jumped toward the $160 resistance level but was rejected, hovering between the $145-$155 price range for the past week. On Tuesday, SOL fell below the $150 level, hitting the $147 support before bouncing. Analyst Ali Martinez noted that the $147.59 area is one of the most important support levels for Solana, as losing this level could trigger a pullback to the next key zone around the $141 mark. Similarly, market watcher Man of Bitcoin affirmed that SOL’s key support to maintain is around $141.91, adding that “a sustained break below this level would suggest that wave-C of (ii) is already underway.” The analyst previously warned that there is a potential scenario “with one more low in wave-5,” if the cryptocurrency doesn’t hold about the $148 mark. However, maintaining this support would build a base to target the local highs. SOL About To Retest $160? Analyst Carl Runefelt from The Moon Show affirmed that SOL is “about to break off” a triangle formation and test the $162 resistance. As the price compresses between the upper and lower boundaries, the analyst suggested that the cryptocurrency’s breakout is around the corner. Notably, Solana has been forming a one-week symmetrical triangle pattern in the daily chart. If the cryptocurrency successfully breaks above the $152-$153 zone, it could see a 10.87% jump toward the technical target of $167. The Cryptonomist highlighted that SOL broke out of a multi-day diagonal resistance on Sunday, which was retested and confirmed as support after bouncing around the $147 twice since the breakout. The analyst considers that the cryptocurrency is preparing for a continuation of its rally, targeting the one-week high and resistance of $160. Meanwhile, Crypto Jelle noted that despite the April downside deviation, Solana continues to trade within its $125-$180 Macro Range, currently hovering around the mid-range. To him, “it looks like it’s just waiting for BTC to break out. Once it reclaims $160, $200 should come quickly. Above there, new all-time highs are within reach.” As of this writing, Solana is trading at $151.51, a 3.6% increase in the weekly timeframe.

Ethereum Is Already Outperforming Bitcoin In July, Is Altcoin Season Here?

With one week already gone in the month of July, Ethereum has already begun to perform better than Bitcoin. While the gap is still very close, the outperformance of Ethereum over Bitcoin for only the second time this year could signal the entrance of better things for the altcoin market. If this continues, then an altcoin season might be on the horizon, as historical data shows it always begins with ETH outperforming BTC. So, let’s take a look at how both assets have been performing. Ethereum Barrels Ahead Of Bitcoin In July So far, in the month of July, the Ethereum price has been putting in more green candles, suggesting that bulls are making their move again. This has led to a small outperformance when compared to the Bitcoin price over this time period and could be the signal that altcoin season could be starting soon. Data from the CryptoRank website shows that Ethereum is already up more than 2.50% since the start of July. Meanwhile, the Bitcoin price, while having seen some price increases, is up only 1.20% at the time of this writing. Thus, Ethereum is already performing better in the month of July. If this outperformance continues, then this would be only the second time that the Ethereum price will be doing better than the Bitcoin price so far in 2025. The first was back in May, when the Ethereum price rallied by over 41% in one month. This was major compared to Bitcoin’s 11.1% move in that month. However, while the Bitcoin rally in the month of May saw its price reach new all-time highs, Ethereum continues to struggle and remains below its $4,800 all-time high levels. Nevertheless, Ethereum’s rally did translate to bullishness for the altcoin market as the likes of PEPE and BONK rallied by more than 100% in response to this. Given that Ethereum has led the altcoin season in the past, its outperformance of Bitcoin at this level remains a positive. If it continues, then the altcoin market could start to see further increases in price. And if Ethereum rises another 41% from here, it would put it right on the path to $4,000. However, the month of July has not historically been the best month for Ethereum, with an average return of +5.13%. The whole of the third quarter of the year is also a mixed bag for the altcoin, with an equal number of green and red closes over the last decade. Thus, it remains to be seen how the ETH price will perform this quarter and if it can successfully outpace Bitcoin.