Bearish sentiment prevailed in U.S. markets as Middle East tensions weigh on sentiment.

Dow Jones down as Trump rejects quick Israel-Iran ceasefire, RFK Jr. targets Big Pharma

After months of sideways movement, XRP may finally be gearing up for a 
significant breakout. According to analysts, the popular altcoin saw a 
dramatic 700% surge earlier last year. Now, its price is positioned to exit a 
seven-month consolidation phase, which could set it up for its next bullish 
move. XRP Gets Ready For Major Bullish Move A recently published technical 
chart by market expert ‘Crypto Michael’ on X (formerly Twitter) reveals that 
XRP has been consolidating for seven months following a staggering 700% price 
rally, which was triggered by a breakout from a multi-year Symmetrical 
Triangle pattern. The chart, based on a 3-month candlestick, shows that XRP 
had been in a major price compression within the triangle pattern for seven 
years. Related Reading: XRP Price Still On Track For $1.5T Market Cap And 27% 
Crypto Market Dominance True to form, XRP finally broke above the upper 
trendline of the pennant in late 2024, igniting one of its most powerful 
quarterly rallies to date. This breakout led to a price surge of about 700%, 
pushing the cryptocurrency from around $0.6 to over $2. Since the dramatic 
breakout, XRP has entered a stabilization phase, trading sideways in what 
appears to be a healthy consolidation range. The chart highlights this 
consolidation area with a white circle, indicating a well-defined post- 
breakout phase. Notably, XRP’s $2.15 price at the time of the analysis is 
above prior resistance levels, suggesting that the cryptocurrency is 
maintaining strength while waiting for its next bullish catalyst. Crypto 
Michael points out that XRP’s consolidation is ending just as Bitcoin, the 
world’s largest cryptocurrency, approaches a critical juncture: the “8-year 
line.” This correlation suggests that a broader shift in market sentiment may 
be underway. Historically, leading altcoins like XRP have followed Bitcoin’s 
lead during broader market rallies. If BTC successfully breaks through this 
long-standing line, Crypto Michael believes it could serve as a macro trigger 
that ignites a fresh bullish move for XRP. Analyst Says The Altcoin Is Set To 
Explode Against BTC A fresh analysis by Egrag Crypto, a crypto analyst on X, 
suggests that the XRP/BTC pair could be on the edge of a major breakout. The 
pair has followed a consistent cycle for over a decade, with lows in 2015, 
2017, 2020, and 2024—each succeeded by strong rallies. These lows align with a 
rising trendline, signaling possible long-term strength. Related Reading: XRP 
Bullish Structure Remains Bullish: Analyst Releases 3 New Targets Now, XRP/BTC 
is approaching a key resistance level that has blocked past rallies since 
2015. This time, however, Egrag Crypto suggests that the setup looks different 
and slightly more favorable for a breakout. If the pair breaks above this 
multi-year ceiling, it could mark a major turning point, effectively leading 
XRP into an explosive bullish phase. The analyst’s chart outlines two 
potential paths: a green breakout zone if XRP pushes higher and a red 
rejection zone if it fails to break this key resistance again. Featured image 
from Getty Images, chart from Tradingview.com

XRP To End 7-Month Consolidation After 700% Surge – Is A Major Move Coming?

The U.S. Senate passed the GENIUS Stablecoin Act on June 17, 2025, marking a 
major step toward federal regulation of stablecoins. GENIUS Act Clears Senate, 
STABLE Act Clash Looms in House The bill—formally titled the Guiding and 
Establishing National Innovation for U.S. Stablecoins Act—establishes a 
framework for issuing and regulating stablecoins, digital assets pegged to […]

Senate Passes GENIUS Stablecoin Act, Sends Bill to House for Consideration

A Bitcoin price drop below $102,000 could be followed by a swift 25% rally to 
new all-time highs.

25% Bitcoin price rally set to follow today’s correction if history repeats

The bill passed without amendments to address Donald Trump’s connections to 
World Liberty Financial’s stablecoin, which many Democrats had been calling 
for.

US Senate passes GENIUS stablecoin bill in 68-30 vote

Pump.fun’s reappearance on X is dramatic: sudden suspension, rampant theories, 
then a quiet return in less than 24 hours. No answers, just a more paranoid 
market left picking up the pieces. On June 16, without warning or explanation, 
the official…