Ether&#8217;s surge in social dominance signals a potential risk of a price correction, according to Santiment.

Ether’s ‘extreme euphoria’ social chatter could be a red flag for price

XRP selling pressure could mushroom if the recent 50 billion XRP sale from a 
wallet linked to Ripple&#8217;s Chris Larsen was &#8220;just the warm-up.&#8221;

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The HBAR price jumped to $0.27 on Saturday, up by 17% from its lowest level 
this week. It has increased by 110% from its lowest point in April.

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Based on the most recent figures, the Bitcoin network just nudged its 
difficulty up by 1.07% on July 25, making block discovery ever so slightly 
trickier. At 127.62 trillion, the current difficulty stands as the most 
intense mining challenge the network has ever thrown at its participants. 
Bitcoin Mining Feels the Heat With Fresh Difficulty […]

Block Hunt Intensifies as Bitcoin Difficulty Climbs 1.07%

Crypto analyst Steph has issued a warning to XRP investors regarding the 
current price action. He alluded to a multi-year resistance that the altcoin 
has struggled to break, noting that this should be the major focus as it eyes 
new highs. XRP Needs to Break Above the $3.6 Resistance In an X post, Steph 
shared a video in which he analysed the XRP monthly chart, dating back to the 
2020 bull run. He highlighted an upward-sloping trendline for the altcoin, 
which showed that the altcoin has faced rejection at around the $3.6 level 
twice now. The first was in January of this year, when the altcoin surged to a 
yearly high. Related Reading: Expect A “Biblical Move” Off This Formation; 
Analyst Tells XRP Investors Meanwhile, the second has occurred again following 
the XRP’s latest rally to a new all-time high (ATH) around this $3.6 
resistance. Steph declared that the altcoin needs to break above this multi- 
year trendline resistance, as it risks falling into “an ugly period of 
downward momentum” if it can’t flip this level into support. However, if XRP 
breaks above this resistance, Steph predicts that it could record a parabolic 
rally, which would send its price into double digits. The crypto analyst is 
more confident that the altcoin will break this resistance, noting that other 
bullish patterns support sustained bullish momentum. In the short term, Steph 
predicts that XRP could rally to as high as $4.42. He highlighted a double 
bottom breakout on the 4-day chart, which is still in play for the altcoin. He 
assured that XRP could still maintain this upward momentum despite the current 
pullback in the broader crypto market. However, if this bearish trend in the 
crypto market sustains for a while, he warned that the $3 support level is the 
one that XRP needs to stay above to avoid losing its bullish structure. The 
analyst expects a lot of buying pressure if the altcoin were to drop to this 
support level. What Next As The Altcoin Retests $3 In an X post, crypto 
analyst CasiTrades noted that XRP was unable to hold the $3.21 resistance and 
has now fallen back to test the $3 support. She stated that the altcoin 
appears to have completed a subwave wave 2 of a new trend, reaching a deep 
.854 retrace. If this new low holds as support, then she suggested that it 
could kickstart a large impulse to the upside. Related Reading: XRP Is About 
To Break 8-Year Resistance Against Bitcoin Ahead Of Spot ETF Approval 
CasiTrades predicts that XRP could reach new highs if volume begins to rise 
and the price starts moving back above the $3.21 resistance. She noted that 
the first wave 3 sits near $3.82, which is the 2.618 Fibonacci extension. Her 
accompanying chart showed that the altcoin could reach $3.8 on this next run- 
up. At the time of writing, the XRP price is trading at around $3.16, up over 
2% in the last 24 hours, according to data from CoinMarketCap. Featured image 
from Getty Images, chart from Tradingview.com

Crypto Analyst Warns XRP Investors Amid Market Retrace

Over the last 83 days, Coinbase Global, Inc. saw a significant influx of 
bitcoin, taking in around $23 billion worth of coins. Blackrock, Tesla, 
Strategy—They’re All Stashing BTC at Coinbase The publicly traded company 
Coinbase (Nasdaq: COIN) not only operates an exchange but it also offers 
payment solutions, custodial services, and more to a wide […]