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Here’s The Price $XRP Must Reach to Flip Ethereum

The XRP community has continued to bemoan the underperformance witnessed with XRP over the past few years. This persistent underperformance since March 2020 has created a massive gap in market cap between XRP and Ethereum, two assets that continuously competed closely for the second spot in the early days.

XRP’s Battles for Second Spot
Before Ethereum’s launch in July 2015, XRP battled with Litecoin for the second spot on the list of largest assets by market cap. After Ethereum launched, XRP transcended Litecoin, but instead began a new battle with $ETH . Ethereum gained the upper hand until January 2018 when XRP hit its ATH of $3.3.

However, amid the correction from this peak, XRP dropped below the second spot again. Market data confirms that since March 2020, Ethereum (red) has outperformed XRP (blue) by a mile. This has led to ETH’s market cap skyrocketing to the hundred-billionth level, while XRP’s valuation remains below $40 billion.

Currently, Ethereum boasts a market cap of $377.2 billion, while XRP’s market cap currently stands at $28.58 billion. XRP has now moved below the top 5 assets by market cap, with its current position being seventh. Despite the bearish reality, some market watchers project an imminent rally. Some of the expected targets could help XRP recover the second spot.

How Much XRP Must Rise to Flip Ethereum

Amid these predictions, we recently assessed how much XRP needs to rally to reclaim the position as the second-largest cryptocurrency. For context, XRP must surpass Ethereum’s $377.2 billion valuation to reach this feat. This would mark a new all-time high valuation for the asset.

Supposing XRP’s circulating supply remains fairly constant at 55.805 billion, the token would need to hit a price of $6.76 to claim a $377.2 billion market cap. With XRP currently changing hands at $0.5112, a massive 1,223% rally is necessary to clinch the $6.76 price level.

Here’s when $XRP could reach $250, according to analyst

Although the price of XRP has faltered in recent years, a crypto analyst has projected that the digital asset could have significant upside potential.

In an X post on July 11, The Great Mattsby indicated that, based on technical indicators and historical performances, XRP is poised for a possible rally to claim the $250 mark in the next few years.

According to the analysis, XRP is experiencing one of the tightest monthly Bollinger Band squeezes in its history, pointing to bullish sentiments. Notably, the Bollinger Band squeeze, a technical indicator signifying periods of low volatility that often precede significant price movements, further supports the case for a potential breakout.

Historically, such squeezes in XRP have led to dramatic price increases, adding weight to the prediction of a future surge. The last one resulted in a growth of 60,000%.

“XRP has one of the tightest monthly Bollinger Band squeezes in its history and in all of crypto right now. The last time it squeezed like that it shot up 60,000%,” The analyst stated."

The path to $250
The analyst noted that if the pattern plays out again, a 60,000% growth could propel XRP to a valuation of $250 by 2028.

Notably, the path to hitting $250 involves several stages of upward movement, indicating that the journey may be with periods of both rapid gains and consolidations. The green angle, in particular, is emphasized as a critical level that could guide XRP’s price toward the $250 target.

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Bitcoin to Reach $250K, Solana to Surge to $800: Here’s How And Why

A popular analyst has raised his price target for Solana ($SOL ), projecting a potential value of $480 by the end of 2025, with a high-end estimate reaching $800. Virtual Bacon’s latest forecast hinges on several key metrics, including Solana’s supply and market cap. Currently, Solana has a supply of 579 million tokens with an annual inflation rate of 5.2%. By the end of 2025, this supply is expected to grow to approximately 625 million tokens.

In terms of market capitalization, the analyst projects that $BTC will reach a price of $250,000 by the end of 2025, resulting in a market cap of around $5 trillion. Assuming Bitcoin maintains a 50% dominance in the cryptocurrency market, this suggests a total market cap for all cryptocurrencies of $10 trillion.

Solana’s market dominance has increased from 0.75% to 3% over the past year. Assuming it remains at this level, Solana’s market cap would be $300 billion, leading to a price target of $479 per token. If Solana’s dominance increases to 5%, the price could rise to $800 per token.

He said, “I had estimated a price of $240 to $250 based on a lower market dominance assumption for Solana. However, with its current growth, I now expect Solana’s price to reach around $480, assuming a 3% market dominance. If Solana’s market dominance increases to 5%, the price could potentially reach $800.”

Credit: CoinPedia

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ChatGPT Predicts How High Can $XRP Go if Ripple Wins the SEC Battle

ChatGPT predicts that XRP prices if Ripple wins against the SEC in the final verdict.

The ongoing lawsuit between the SEC and Ripple is one factor influencing the price of XRP over the years.

Since the SEC filed its lawsuit on Dec. 22, 2020, XRP has endured a bearish trend. While most digital assets recorded new all-time highs (ATHs) in 2021, XRP failed to surpass its previous record of $3.84, registered on Jan. 4, 2018.

With the final verdict expected to be issued this year, we asked ChatGPT to predict XRP’s price if Ripple wins. Interestingly, the popular AI chatbot projected that XRP would spike tremendously should Ripple emerge victorious in the final verdict.

Topping the list is regulatory clarity. ChatGPT stated that a victory for Ripple could pave the way for the much-needed regulatory clarity that could potentially drive XRP’s adoption.

Additionally, the chatbot suggested that XRP has been trading in a multi-year symmetrical triangle, suggesting that a breakout fueled by a Ripple win could lead to a significant upward price action.

Therefore, it outlined the price targets for XRP in three categories: conservative, moderate, and aggressive estimates.

The first category provides a conservative estimate that suggests that XRP could soar between $3 and $5 if Ripple emerged victorious over the SEC. ChatGPT relied on XRP’s accumulation pattern and previous ATH to issue this prediction.

For the moderate estimate, ChatGPT speculated that a favorable victory for Ripple could raise XRP’s price to $5 to $10. Notably, factors that could drive XRP’s price up to $10 include institutional interest, broader adoption, and new Ripple partnerships.

ChatGPT’s aggressive estimate projects that XRP could soar between $10 and $20 or more if the final verdict goes in Ripple’s favor. However, the chatbot pointed out that XRP will only hit this target if it gains significant market adoption and new use cases post-Ripple lawsuit.

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$LUNC News: Terra Luna Classic Moves Closer to Tax2Gas Implementation

LUNC News: Terra Luna Classic developer Genuine Labs announces developments on Tax2Gas implementation. Will blockchain and price to get major boost?

Terra Luna Classic developer Genuine Labs on Tuesday announced progress on the Tax2Gas implementation, with the most anticipated upgrade expected in July-end. The move comes as the community passed proposal 12115 “Genuine Labs Tax2Gas Implementation” last month.

Genuine Labs earlier said they require 5 weeks for research, development, and basic testing and deployment. The estimated total budget is $25,000 in LUNC.

LUNC Price To $1?
Terra Classic chain and LUNC price will get a major boost after the Tax2Gas implementation. The community believes LUNC will hit $1 after Tax2Gas due to listings on crypto exchanges and return of dApps to the chain. Other mechanisms like LUNC burn will also get a further boost.

LUNC price mostly trading sideways in the last 24 hours, with the price currently trading at $0.00007074. The 24-hour low and high are $0.0000683 and $0.00007123, respectively. Moreover, trading volume decreased by 43% in the last 24 hours.

Meanwhile, USTC price is trading at $0.01567, down 12% in a week. The 24-hour trading volume saw a 41% drop in the last 24 hours as uncertainty rose amid BTC selloff by German Government.

Binance Delists 4 Altcoins: Tokens Tumble Double-Digit

Crypto exchange Binance has announced it will no longer support four altcoins — BarnBridge ($BOND ), Dock ($DOCK ), Mdex ($MDX ), and Polkastar (
POLS). Effective July 22 at 03:00 UTC, it will delist these altcoins, causing a sharp drop in their market value.

Immediately following the announcement, the affected tokens saw significant price declines. Specifically, DOCK plummeted nearly 30%, MDX dropped by 23.65%, and BOND and POLS both experienced over 17% losses.

The delistings are part of Binance’s periodic review. Often, it adds the tokens under the monitoring tag before delisting them. For instance, on July 1, Binance included 11 altcoins under its monitoring tag, including DOCK and POLS.

2 cryptocurrencies to reach $5 billion market cap in July

The cryptocurrency market has recently seen a downturn, with many altcoins on the verge of recovery. This sentiment is particularly beneficial for cryptocurrencies approaching significant market cap milestones.

In this context, Finbold has identified Polygon ($MATIC ) and Uniswap ($UNI ) as the cryptocurrencies with the potential to hit the $5 billion mark in July.

Credit: FinBold

Top Three Altcoins To Buy Next Week  

Surviving a market crash, the altcoins market signals a potential recovery rally in the upcoming week. As Bitcoin reverts from $52,500 to $56,5000, the low-cap altcoin skyrockets with increased momentum.

As the cryptos are ready to overcome the massive supply dump, these low-cap crypto gems are worth looking out. Here are a few of our choices:

Artificial Superintelligence Alliance ($FET )

With the AI tokens ready for a comeback, the FET price action reveals a potential double bottom at the $1.15 mark. With an early reversal in the falling channel’s negative cycle, the altcoin projects a potential bounce back. 

With a market cap of $3.149 Billion, the FET price is down by 28% in the last 9 days. However, the intraday growth of 9.40%, making a bullish engulfing candle, completes a morning star pattern. 

With the upside target of $1.55 next week at the 38.20% Fibonacci level, the AI altcoin is a great pick for next week. 

The Altcoin Jupiter ($JUP ) Eyes Wedge Breakout
With a declining trend in the daily chart, the JUP price action reveals a falling wedge pattern. In the recent crash, the altcoin dropped to the $0.73 mark of the 78.60% Fibonacci level.

However, the drop to $0.73 teases a bull cycle with a double bottom and a morning star at the support.

Currently, the altcoin trades at $0.76 with an intraday gain of 3.83%, forming a bullish engulfing candle. As the broader market recovery gains momentum, the JUP price teases a breakout rally to reclaim the $1 psychological mark.

As per the Fibonacci levels, the breakout rally could reach the $1.25 mark.

LayerZero ($ZRO ) Outgrows The Market Crash
With a massive recovery in the 4H chart, the ZRO token price seems completely unaffected by the market crash. With the V-shaped recovery rally from the $2.75 mark, the altcoin has increased by 32%.

Currently, the ZRO price trades at $4.337 and challenges the 1.618 Fibonacci level. As the bull run gains momentum, the altcoin price could witness a breakout run shortly.

$XRP Flashes Buy Signal For $0.50 Price As Whales, Notable Investors Buy The Dip

XRP sees significant whale accumulation and renewed market interest, flashing a buy signal for $0.50 price level. Recent data reveals whales and notable investors purchasing the dip, driving optimism.

The Ripple Labs-backed cryptocurrency, XRP, has again turned heads across the broader crypto market. On-chain data revealed that a whale has accumulated 30 million coins in the past 24 hours, stirring speculations over the XRP’s future price movements.

Notably, a recent optimistic buzz surrounding the token is its potential to scale $0.50. The whale activity, emerging amid significant price growth raises market interest.

XRP Whale Activity

Recent on-chain data has revealed significant whale activity in the XRP market, capturing the attention of crypto enthusiasts. A whale address, identified as rDA…Pxr, transferred a staggering 29.7 million XRP coins, valued at approximately $12.7 million, from Binance to an unknown wallet (rfQ…Cvi).

This movement of tokens has coincided with speculation about XRP’s potential to reach the $0.50 price target. The timing of this whale activity is particularly noteworthy, as it coincides with XRP’s recent breakthrough of the $0.42 resistance level.

This combination of large-scale accumulation and price growth has reignited interest in the Ripple Labs-backed cryptocurrency, with many investors closely monitoring the token’s performance for signs of further upward momentum.

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Crypto: Ripple (XRP) is Gearing Up for a Historic Rally!

The cryptocurrency market is known for its volatility and spectacular price movements. Recently, a crypto analyst identified key indicators suggesting a potential 7500% rally for XRP, the native cryptocurrency of the XRP Ledger (XRPL).

According to recent analysis, XRP is ready to rebound after a bearish trend and reach new all-time highs. Based on Elliott Wave theory, an analytical tool used to determine price movements in crypto, XRP could mirror its 2017 rally! And reach a target price of $36.36 by the end of 2024.

To reach this target price, XRP would need to experience an impressive increase of 7637.22%. This bold prediction comes at a time when XRP has seen a decline of 4.12% over the past 24 hours. Additionally, it has dropped 11.71% over the past month, currently trading at $0.45.

Despite the recent drop in value, bullish sentiment around XRP continues to grow among crypto analysts. Another analyst, known as Egrag Crypto, predicted that XRP is nearing the Fibonacci level 1.618. This could indicate possible zones of price reversal or continuation.

However, it’s important to note that these predictions are based on technical analysis! Therefore, they do not guarantee future market movements. Investors should always exercise caution and conduct their own research before making investment decisions.

While the predictions of a massive rally for XRP are exciting, they should be taken with a grain of salt. The crypto market is unpredictable, and while technical analyses can provide indications, they are not infallible. Investors should stay informed and be ready to adapt to rapid market changes.

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4 Stellar Altcoins to Buy Before They Hit a $10 Billion Market Cap

Entering Q3 2024 on a bullish trajectory, Bitcoin drops below $58,000, though with signs of recovery to $70,000. Altcoins such as $LINK , $DOT , $LTC , and MATIC emerge as the best buying opportunities, poised to uplift their market cap to $10 Billion.

The cryptocurrency market entered the third quarter of 2024 on a bullish note. The ease of the prevailing selling pressure bolstered most of the major coins to form a suitable bottom and prepare for the next recovery leap. Amid the potential reversal, Chainlink (LINK), Polkadot (DOT), Litecoin (LTC), and Polygon (MATIC) emerged as top altcoins to buy and best leverage the post-correction rally.

In a recent analysis shared by renowned trader Alicharts, it’s evident that the adage “Sell in May and go away” has lost its relevance for this year as Bitcoin witnesses a significant resurgence in retail interest.

According to the data highlighted by Alicharts, the number of new Bitcoin addresses has soared to a four-month high, reaching 432,026. This spike suggests a robust return of retail investors to the cryptocurrency market, marking a potential shift in market dynamics.

3 Heavily Liquidated Altcoins To Sell Now

Unveil insights on Ethereum, Solana, and Binance Coin, which are prime altcoins to sell following significant liquidations and a bearish market trend in the first week of July.

The recent trading day witnessed significant losses for traders, with 59,370 of them facing liquidations, accounting for a cumulative loss of $170.64 million. Ethereum, Solana, and Binance Coin, the altcoins to sell, have experienced considerable market corrections. The largest single liquidation order happened on OKX—ETH-USD-SWAP, valued at $4.00M. These cryptocurrencies show signs of a downturn, indicating potential risks for investors.

1. Altcoins To Sell – Ethereum ($ETH )

Ethereum (ETH), a key player in the Proof-of-Stake blockchain arena, stands out with its smart contract technology. This allows it to serve as more than just a digital currency platform, unlike Bitcoin and Solana, which primarily focus on payments.

Ether is essential for the network’s operations. It fuels transactions and rewards nodes that execute complex computations, underlining the platform’s emphasis on practical applications.

There has been a noticeable increase in activity around.

2. Solana ($SOL )
Solana (SOL), a leading blockchain network, continues to capture attention with its high-speed transaction capabilities and robust platform. This Layer 1 technology has gathered a vast community, reflected in its thriving ecosystem and the surge of developers building decentralized applications. The platform’s innovative features have significantly enhanced investor confidence.

3. Binance Coin ($BNB )
Binance Coin (BNB) serves as a pivotal asset within the Binance ecosystem, functioning on both the Binance Chain (BEP-2) and the Binance Smart Chain (BEP-20).

Binance Coin has recently shown a downward trend in its price. It has fallen below the $580 resistance level, currently trading at $557. This represents a more than 3% drop in its price. Over the past week, it has decreased by 3% and 10% over the month.

Terra Classic ($LUNC ) Price Predictions and Investment Considerations

Part 2/2

This might not necessarily signal a setback or reversal in the downtrend. LUNC’s recent price movements seem to be part of a broader correction affecting the cryptocurrency market as a whole. Major players like Bitcoin (BTC) and Ethereum (ETH) have also witnessed price adjustments, suggesting market-wide volatility.

Expert Predictions & Long-Term Outlook
Given the current market climate and LUNC’s historical performance, reaching $1 in the foreseeable future seems unlikely. Despite boasting high liquidity & a negative yearly inflation rate, LUNC’s price has fallen over the past year. Additionally, it has underperformed compared to many other leading cryptocurrencies.

That being said, some algorithmic forecasts offer a glimpse of potential short-term gains. CoinCodex predicts a possible rise of up to 10.71%, with LUNC reaching $0.00008987 by the end of July.

Similarly, Traders Union forecasts a trading range between $0.000075 and $0.0000916 for July. Looking further ahead, these same sources project a minimum target price of $0.0000816 for December 2024, with a potential high of $0.0000997.

Moving beyond 2024, predictions become more varied. CoinCodex suggests LUNC could break the $0.000215 barrier & maintain its market position by 2025, with a minimum anticipated price of $0.00006965. Traders Union, on the other hand, forecasts an average price of $0.00010026 by mid-2025 & $0.00011091 by year-end.

PricePredictions takes a more optimistic stance, projecting an average trading price of $0.000324 for LUNC in 2026. It’s important to remember that these are algorithmic forecasts & shouldn’t be taken as guaranteed outcomes.

Guys, Important News

Major Whales Buying Bitcoin ($BTC ) Dip: Data

Is Bitcoin's most recent dip yet another accumulation opportunity?

According to data provided by cryptocurrency analytics firm IntoTheBlock, Bitcoin whales started aggressively buying the largest cryptocurrency after its price recently dipped below the $60,000 level. This indicates strong buying pressure from large holders.

The wallets that hold more than 0.1% of the cryptocurrency's total supply received roughly 55,000 BTC of net flows over the past month.

Earlier today, pseudonymous crypto analyst Ali also said that "early signs" of Bitcoin accumulation had emerged. This presumed accumulation phase would follow three months of distribution.

As reported by U.Today, CryptoQuant's Ki Young Ju recently stated that Bitcoin's boring sideways price action could actually present a decent buying opportunity for investors. He has also opined that the bellwether coin was still in a bullish trend despite rapidly souring market sentiment.

On Wednesday, the leading cryptocurrency plunged to an intraday low of $59,712, which prompted prominent skeptic Peter Schiff to predict that it would face a much steeper correction.

So far, the bulls appear to be determined to hold the pivotal $60,000 level, with Bitcoin currently changing hands at $60,373, according to CoinGecko data. As noted by analytics firm Lookonchain, the most recent price drop coincided with massive whale deposits to the Binance exchange.

Earlier this week, Fundstrat's Tom Lee stated that the price of the largest cryptocurrency was likely to soar to $150,000 as soon as this year.

Credit: Alex Dovbnya

Cryptocurrencies To Buy On Cusp Of Rallying Into The Top 10

The second crypto coin is
2. $FLOKI

According to data from CoinMarketCap, the current market cap has risen to approximately $1.66 billion, marking an increase of 2.80%. Notably, the trading volume has spiked by 47% in the past 24 hours, reaching $226 million, underscoring the increasing investor interest and market activity surrounding this cryptocurrency.

Over the last week, Floki has enjoyed a 4% increase in value. Currently, the coin fluctuates within a narrow price range of $0.00016 to $0.00018, marking a notable appreciation in its market price.

FLOKI could encounter a major obstacle if it surpasses the $0.00018 mark, with a strong resistance point at $0.0002. If it sustain above this threshold, the path could open for an upward move toward $0.0003. A continued rally might even take it to $0.0005.

On the flip side, a decline below $0.00017 might send FLOKI down to its lower support trendline at $0.00016. Further market downturns could pressure it to a support level of $0.00015. This could indicate a bearish trend for the coin.