XRP dropped below $3 (-5%) as retail traders took profit, but whales bought $3.8B) ā showing strong accumulation. š
š¹ Technical View: XRP is holding support at $2.95 within a bullish ascending triangle. Key resistance: $3.15ā$3.55. Breakout = $3.90+, failure = $2.60ā$2.40. š¹ On-Chain: Short-term holders are accumulating; supply in profit hit a 2-week low (historically bullish). š¹ Macro: Optimism around XRP ETF + SEC case clarity. Analysts see $5 by end-2025, with long-term targets at $9ā$15.
š„ Community Question: Is this dip a golden entry before $5+⦠or will XRP retest $2.60? š Whatās your take: Bullish or Bearish?
Bullish scenario: After pullback ā next rally towards $175Kā$250K š
Bearish scenario: Possible retest of $100K before another leg up š
š³ Whale Watch: One strategy wallet now holds 3% of total $BTC supply (~629,000 BTC). Citi notes adoption + ETF inflows are the real price drivers now.
ā Community Question: Is this dip a buying opportunity, or are we heading for a $100K support test?
Bitcoin $BTC USD broke today below its 1D MA50 (blue trend-line) for the first time since July 02, having previously rebounded on it (August 02) on a perfect technical bounce that delivered a new All Time High $ATH .
Naturally, the 1D MA50 is the first medium-term line of Support and last time it broke convincingly, the price found a bottom (June 22) closer to the 1D MA100 (green trend-line). That was during BTC's previous Accumulation Phase of the 4-month Channel Up.
If that pattern is repeated, then Bitcoin's next Support could be within 112000 - 111000. On top of that, it would be useful to keep an eye on the 1D RSI, which is printing a pattern similar to he previous Accumulation Phase that bottomed on the 39.00 level.
As far as the next High is concerned, if it repeats the +22.72% rise that the previous Bullish Legs delivered from the 1D MA50 contact, then we're potentially looking at $137000 as the pattern's next Higher High.
$Bitcoin($BTC /$USDT ) Daily Chart Analysis For Week of August 1, 2025
ļæ¼ Technical Analysis and Outlook: In this week's trading session, the Bitcoin market experienced a notable pullback. The primary reason for this movement was the Key Resistance level, which led to a decline that reached our Mean Support level of 113000. This anticipated pullback is prompting the completion of the Outer Coin Dip target of 111000, with a strong likelihood of moving towards the Mean Support level of 108000.
Crypto traders! Weāre seeing a slight intraday dip in cryptocurrencies, mainly due to yesterdayās stock market weakness. However, prices are still hovering near key support zones, which could trigger a potential bounce ā possibly by this weekend or early next week.
The Total Crypto Market Cap appears to be moving in wave "y" of a complex w-x-y correction inside wave 4 ā unless it unfolds into a flat correction. Either way, strong support remains near the $3.6Tā$3.5T area. If this holds, we could see a bullish continuation into wave 5.
What are your thoughts on BITCOIN? After a strong rally, $$BTC is currently pulling back from the 124K resistance area, heading toward a major confluence support zone between 108,000ā 110,000, which aligns with:
ā Previous breakout zone ā 0.5ā0.618 Fibonacci retracement ā Lower bound of the ascending channel
This level is expected to attract buyers and act as a base for a new bullish leg.
Scenario Ahead (Main Bias): 1. Price dips into the 108ā110K support 2. Bullish reversal from the zone (watch for strong reaction candles or bullish divergence) 3. Target 1: 124K (retest resistance) 4. Target 2: 135Kā140K (upper channel boundary upon breakout)
$BTC remains in a healthy bullish structure. Current pullback is considered constructive, and the 107ā110K zone offers a high-probability long setup. Watch for bullish signals before entering.
A confirmed daily close below 107K would invalidate this bullish structure and expose BTC to deeper correction levels.
Whatās your take on this setup? Do you expect a bounce from support or a deeper correction? Share your thoughts below š
š Big Week for Crypto & Global Finance! What Does It Mean for $BTC Bitcoin & Altcoins?
This week feels like a pressure cooker for global markets! š„ Hereās a 5-point breakdown of whatās happening ā and why crypto might be the ultimate winner š
šØ #TrumpTariffs: With Trumpās proposed tariffs stirring global tension, the dollar may get stronger ā but risk assets like crypto could spike if inflation returns.
š #MarketPullback: US stock markets are dipping sharply. Investors are fleeing to safety⦠is Bitcoin about to reclaim its ādigital goldā status?
š¼ #SECProjectCrypto: The SEC is cooking something big. Rumors suggest new rules for DeFi platforms. Are we heading toward tighter control or long-term clarity?
šļø #WhiteHouseDigitalAssetReport: The latest report signals support for blockchain innovation⦠but with strings attached. Is this the beginning of a regulatory greenlight for mass adoption?
š #FOMCMeeting: All eyes on the Fed ā will they raise rates again or pause? Either move could shake the crypto market. Stay alert.
š¬ What do YOU think?
Will all these events push crypto into a new bull run? Or are we heading for deeper correction before the bounce?
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