XRP has outperformed Solana in realized capital growth, demonstrating a resurgence of investor faith. As reported by Glassnode, XRP’s 30-day realized cap change—a measure of the total worth of coins moved at their last price—has soared by +4.2%, while Solana has only managed a modest increase of +1% during the same timeframe.
This difference suggests that more funds are moving into XRP compared to Solana, indicating that traders might be accumulating XRP in anticipation of a breakout. The realized cap is particularly insightful during uncertain times, as it reflects actual wealth on-chain rather than speculative market values. An increase in realized cap often aligns with heightened network activity and boosts in investor confidence.
For reference:
- XRP 30D Realized Cap: +4.2%
- SOL 30D Realized Cap: +1%
XRP’s significant increase in realized capital may signal a change in sentiment among both retail and institutional investors, possibly ahead of clearer regulations or a wider crypto market rally.
Caution Advised in XRP Technical Analysis
Even with strong on-chain metrics, indicators on XRP’s chart suggest caution. The price is currently at $2.13, down by 0.70% over the last 24 hours, and remains below a descending trendline that has thwarted bullish attempts since early June.
The price action has struggled to break above the 50-period EMA on the 2-hour chart (currently at $2.19), and XRP has formed a lower high. Red candles with rejection wicks around $2.18 indicate persistent resistance.
Though the MACD shows a slight bullish crossover, the histogram is declining, implying limited momentum for now.
Important Technical Levels:
- Resistance: $2.18, $2.22
- Support: $2.09, $2.0474, $2.0042
- EMA Barrier: 50-EMA at $2.19
The price forecast for XRP remains negative unless it can exceed the descending trendline and sustain strength above $2.22; traders may continue to experience downward pressure.
XRP Trade Strategies to Monitor
As XRP consolidates under resistance, traders have clearly established zones to observe for both bullish and bearish strategies.
Short Trade Strategy:
- Entry: Rejection near $2.18
- Stop: Above $2.22
- Targets: $2.0936, $2.0474
Long Trade Strategy:
- Entry: Breakout and close above $2.22
- Stop: Below $2.18
- Targets: $2.27, $2.3365
Currently, while the fundamentals indicate a rise in investor interest, price action must follow suit with a decisive breakout to confirm the next upward movement. Until then, XRP stands at a critical junction.
BTC Bull Token Approaches $8.1M Cap as 58% APY Staking Draws Last-Minute Interest
With Bitcoin hovering around $105K, investors are increasingly turning their attention to altcoins like BTC Bull Token ($BTCBULL). The project has raised $7,141,005.09 out of a targeted $8,216,177 cap, leaving less than $1 million until the next price increase. The current price of $0.00256 is anticipated to rise once the cap is reached.
BTC Bull Token ties its value to Bitcoin through two primary mechanisms:
- BTC Airdrops reward holders, giving priority to presale participants.
- Supply Burns occur automatically for every $50,000 increase in BTC, reducing the circulating supply of $BTCBULL.
The token also offers a 58% APY staking pool with over 1.81 billion tokens, providing:
In addition, another staking option yields a 61% APY for over 1.73 billion tokens, which provides:
- No lockups or fees
- Complete liquidity
- Stable passive returns, even in volatile conditions
This staking approach attracts both seasoned DeFi participants and newcomers looking for effortless income opportunities.
With only hours remaining and the cap nearly fulfilled, excitement is escalating quickly. The appeal of BTCBULL’s connection to Bitcoin, scarcity features, and adaptable staking options is driving demand. Early adopters have a short window to act before the next pricing tier is reached.
The post XRP Price Prediction: Why XRP’s Realized Capital Surge Outshines Solana’s Price Activity appeared first on Cryptonews.
