Main Points :
- Bitcoin recently broke above a descending trend line and reached $122,335, nearing its all‑time high at $123,218; breakout could push price toward $135,000, but failure and drop below $116,795 might see a range-bound move between $111,920–$123,218.
- Ethereum broke above $3,745 and $4,094, but could fall toward the 20-day MA (~$3,793) if bears push back; a rebound could drive it to $4,868, while breaking $3,350 may indicate trend reversal.
- XRP rebounded from $2.90, broke above the 20-day MA (~$3.10), but stalled at $3.38; surpassing that could lead toward $3.66, then possibly $4.00–$4.50. A drop below the 20‑day MA risks a slide to $2.81 (50‑day MA).
- Solana rallied above the 20-day MA (~$176) to $185, with potential to climb to $195 and $209 if bulls hold; a breakdown could see support at ~$166 (50‑day MA) or $155.
- Institutional flows and favorable U.S. policies are pushing crypto markets: Bitcoin now trading near previous record highs (~$122K–$123K), Ethereum at multi‑year highs, altcoins like XRP and Solana are rallying.
- Regulatory clarity and retirement‑plan inclusion (e.g., 401(k)) are a major bullish driver; but cautious macro sentiment and ETF outflows remain near‑term risks.
1. Bitcoin Price Outlook
Bitcoin recently broke above a long-term descending trend line and pushed to approximately $122,335, maintaining upward momentum into Monday, edging closer to its all‑time high at $123,218. Bears are defending this level, but bullish pressure remains strong. A successful breakout could propel BTC/USDT toward $135,000.
On the downside, the first bearish signal would emerge if Bitcoin closes below the 20‑day moving average (around $116,795). In that case, the market may enter a short-term range between $111,920 and $123,218. A deeper breakdown below $110,530 would indicate a more serious trend reversal.
(Insert chart: Bitcoin daily price chart with trend lines, 20-day MA, key levels clearly annotated.)
2. Ethereum Price Forecast
Ethereum gained strength after breaking above $3,745 on Thursday and then surging past resistance at $4,094 on Saturday. However, bears are unlikely to relent easily; if they push ETH back below $4,094, it could retrace toward the 20‑day MA (~$3,793). A firm bounce from that level would reinforce bullish sentiment and raise the chance of an advance toward $4,868.
For bearish control, ETH would need to fall decisively below the 20‑day MA; a drop under $3,350 would signal a potential short‑term trend reversal.
(Insert chart: Ethereum daily price chart showing 20-day MA, break-outs at $3,745 and $4,094 with arrows and annotations.)
3. XRP (Ripple) Price Outlook
XRP rebounded off the $2.90 level midweek and broke above the 20‑day MA (~$3.10) on Thursday. The rally paused at $3.38 on Friday, but it’s notable that bulls prevented a decline back below the MA, a bullish sign.
A push above $3.38 would likely see XRP/USDT rise toward $3.66, where resistance is expected. If bulls remain in control, the path may even open toward $4.00 and eventually $4.50. Conversely, if sellers drive the price below the 20‑day MA, it would show persistent bearish pressure, potentially dragging XRP down to the 50‑day MA (~$2.81).
(Insert chart: XRP daily price chart with breakout points, MA levels, and potential target zones shaded.)
4. Solana (SOL) Price Forecast
Solana broke above its 20‑day MA (~$176) on Saturday and reached resistance around $185. Bulls will aim to push the price above that level to secure further upside. Should that occur, SOL/USDT could rally to $195, and then to $209, where sellers may intensify resistance.
Alternatively, failure to hold above the MA could signal bearish reclaiming of control. In that case, support may emerge first near the 50‑day MA (~$166), and below that at a stronger support level around $155.
(Insert chart: Solana daily price chart with MA bands, resistance and support levels highlighted.)
5. Market-Wide Context: Drivers and Risks
Recent institutional activity and U.S. regulatory developments are fueling optimism across crypto markets. Bitcoin is trading close to its all‑time highs (about $122K–$123K), while Ethereum is reaching multi‑year peaks. President Trump’s executive order permitting the inclusion of cryptocurrencies in 401(k) retirement plans — which encompass approximately $8.9 trillion in assets — is a powerful tailwind. Additional clarity via “Project Crypto,” a pro‑crypto regulatory stance (e.g., SEC dropping the Ripple lawsuit), and ETF inflows are further supporting the rally.
Moreover, earlier in July, Bitcoin set a new all‑time high near $123,120, backed by record institutional inflow via crypto ETFs and strong demand for Ether and altcoins. In recent days, however, cautious sentiment has emerged: mixed macro data, ETF outflows, and technical hesitations are weighing on altcoins like XRP and Solana, even as Bitcoin held above $114K.
6. Summary & Conclusion
In summary, Bitcoin, Ethereum, XRP, and Solana are all showing bullish potential based on technical breakouts from key resistance levels, supported by institutional inflows and favorable U.S. policy shifts. However, setbacks beneath critical moving averages could trigger short‑term consolidations or trend reversals.
- Bitcoin may test $135K if it breaks above $123K, but must hold above 20‑day MA (~$116K) to sustain momentum.
- Ethereum eyeing $4,868 on strength; sub‑$3,350 could signal weakness.
- XRP stands at a pivotal point: clearing $3.38 opens path to higher targets; failure risks slide to ~$2.81.
- Solana shows upside to $209 if $185 is breached; otherwise, support lies near $166–$155.
Ultimately, current bullish tailwinds—retirement plan inclusion, ETF flows, declining regulatory risks—may carry prices higher, but investors should monitor technical levels and macro sentiment closely.
