XRP’s interest has surged in the last 24 hours, providing a bullish outlook for the altcoin. Based on this, Ripple’s native crypto is eyeing a rebound, with crypto analyst Ali Martinez predicting that the XRP price could rebound to as high as $2.60 if it holds the $2 support.
XRP’s Open Interest Surges Above $3 Billion
CoinGlass data shows that XRP’s open interest has surged in the last 24 hours, rising to as high as $3.61 billion, indicating huge interest in the altcoin at the moment. This provides a bullish outlook for the altcoin, seeing as traders are heavily betting on it.
Crypto analyst Ali Martinez also suggested that Ripple’s native crypto could rebound soon. In an X post, he stated that if XRP can stay above the key $2 level, a 30% move toward the channel’s upper boundary at $2.60 could be next.
Crypto analyst CasiTrades’s prediction also showed that the altcoin could surge to $2.70 if it breaks above $2.24. This could eventually pave the way for Ripple’s native crypto to rally to a new all-time high (ATH).
However, there is still the possibility that the altcoin could also drop to new lows. A CoinGape market analysis revealed that Ripple’s price is at a crossroads, as a wedge pattern signals a 70% crash or 700% surge.
Crypto analyst Rex also predicted that XRP could soon witness a bullish reversal. He stated that a breakout is coming and that this is the most obvious play of the cycle. His accompanying chart showed that XRP could rally to as high as $2.9.
Two Paths For Ripple’s Native Crypto
Crypto analyst Egrag Crypto stated that the XRP price could drop to $0.65 or rally to $17. This is based on an Ascending Broadening Wedge, which is currently forming for the altcoin. The analyst remarked that XRP first needs to close above $3.50 for a solid start.
He claimed that if the altcoin hits the $5 range but doesn’t close above it convincingly, this formation has a higher chance of playing out. Egrag Crypto asserted that XRP must retest $1.90 after being rejected from the $5 range.
Once that happens, the altcoin will need another attempt to close above $5, ideally hitting $6 and closing above that level. The analyst affirmed that XRP will likely blast to double digits within two to three weeks if that happens.
The target move for this Ascending Broadening Wedge is a potential $17.50. This aligns with another prediction in which he stated that the XRP price could rally to double digits by the July 21 cycle peak.
However, Egrag Crypto warned that there is still a 70% chance that XRP breaks to the downside and only a 30% chance for an upside breakout. If the altcoin breaks down, the analyst claims the measured move would take Ripple’s native crypto back to $0.65.
Crypto Market Highlights: Another week has ended within the unpredictable world of cryptocurrencies, and investors are left cautious due to turbulent price actions. Bitcoin (BTC) price has traded around the same level in the past 7 days, whereas Ethereum (ETH) managed to lose nearly 1% within the exact duration. Ripple’s XRP price continued its consolidation phase this week, adding to speculations about its future price movements.
Mentioned below are some of the most buzz-worthy cryptocurrency market highlights reported by CoinGape Media over the past week.
Crypto Market Highlights: BTC Updates This Week
BTC price shut the week at around the $85K level, riding a roller coaster in the past seven days. The weekly bottom and peak for the flagship crypto were recorded at $83K and $86K, respectively. This turbulent price action comes despite a stockpile of bullish developments that appear to have considerably impacted investor sentiment this week.
CoinGape reported that Michael Saylor’s MicroStrategy again purchased 3,459 Bitcoin for $285 million and rattled the crypto market. The MSTR stock price also surged subsequently.
Further, Semler Scientific filed to buy $500 million worth of Bitcoin amid its $30 million DoJ settlement this week. With this mover, the firm aimed to boost its Bitcoin reserves despite the broader market uncertainty.
Meanwhile, it’s worth pointing out that U.S. President Donald Trump announced up to 245% tariffs on China this week. On the other hand, China was apparently mulling over the sale of 15K BTC, another intriguing development that captured investors’ attention globally.
Besides, BTC whales were recorded as absorbing 300% of the flagship coin’s new supply, sparking optimistic speculations about long-term price prospects.
Ethereum & XRP Developments
ETH is trading around a $1,600 price level, losing roughly 3% in the last 7 days. Despite this waning action, CoinGape has reported that a rally to $4,800 awaits the second-largest crypto by market cap. This bullish ETH price projection comes as the coin is trading on the north side of a key resistance trend.
However, it’s also worth pointing out that Ethereum faced increased selling pressure due to heightened whale dumps this week. In response to this, market participants are conversely anticipating a potential dip below $1.5 may also be possible.
Besides, Ethereum ETFs recorded $32 million worth of weekly outflows this week, adding further risk to the asset’s price.
In addition, Ethereum fees have also witnessed a severe price decline as user activity decreased amid the recent market turmoil.
XRP price stood at the $2.08 price level after witnessing a highly volatile trading session over the past week. Despite soaring ETF odds, the crypto has yet to see a rising price action. Notably, 9 XRP ETFs have been filedto date, including Bitwise, 21Shares, Grayscale, and Canary Capital.
The XRP lawsuit advanced as the U.S Court of Appeals granted Ripple and the SEC’s motion to suspend their appeals while they finalized the settlement. Overall, the abovementioned updates were some of the top crypto market highlights reported by CoinGape Media over the past week.
In the aftermath, Gritto shared his own theory about the statue’s disappearance.
He claimed to have seen the statue intact on the night of August 1, Swiss National Day, just before a group of intoxicated individuals passed by it.
Gritto claimed the group could have easily moved the statue, which was secured by only two points. He suggested they could have thrown it into the nearby lake without being noticed.
“There are cameras everywhere in the city so i assume, they just threw it inside the lake beside, before going home. No way, they could have carried it unnoticed in the city. So my opinion: it is in the lake, just beside its previous location,” Gritto stated.
The Original Statue in Lugano, Switzerland. Source: X/Lugano Plan B
0.1 Bitcoin Bounty Offered to Recover the Stolen Artwork
Meanwhile, the Bitcoin-centered organization, Satoshi Gallery, has launched a bounty to recover the stolen artwork.
The organization is offering 0.1 BTC, valued at approximately $11,359, to anyone who provides information leading to the statue’s return.
Where is Satoshi?
We are offering 0.1 btc to whoever will help us recovering the Statue of Satoshi Nakamoto that was stolen yesterday in Lugano.
You can steal our symbol but you will never be able to steal our souls.
Plan B, a Tether-backed initiative, and the City of Lugano originally unveiled the statue in October 2024.
The statue stood in front of Villa Ciani, symbolizing Satoshi Nakamoto’s vision for Bitcoin. It also represented his retreat from the public eye after creating the cryptocurrency.
Despite the setback in Switzerland, the Satoshi Gallery has reaffirmed its commitment to the initiative.
The group already revealed plans to install 18 more statues in key locations worldwide. This effort will continue its mission to celebrate Bitcoin’s origins and decentralized ethos.
The recent success of utility tokens like Solana has demonstrated the sheer potential of blockchain technology when paired with scalable, real-world applications. Following this trajectory, another project is catching the attention of the crypto world, Ruvi AI (RUVI). Backed by innovative technology, transparency, and an impressive presale performance, analysts are predicting that Ruvi AI could soon become the next big utility token to dominate the charts.
If you missed out on Solana’s meteoric rise, here’s why Ruvi AI may be your next opportunity to catch exponential gains.
Built on Transparency and Security
Similar to successful tokens like Solana, Ruvi AI has laid a foundation of trust and security to attract early investors while mitigating risks. The project has undergone a third-party audit by CyberScope, one of the most trusted blockchain security firms in the industry. This ensures Ruvi AI’s smart contracts are not only secure but also scalable, offering peace of mind to investors who want to avoid the vulnerabilities often found in blockchain projects.
Adding another feather in its cap is Ruvi AI’s partnership with WEEX Exchange, a globally renowned crypto trading platform. This partnership guarantees post-presale liquidity, giving investors confidence that they’ll have access to a liquid market once Ruvi AI is listed. By providing both security and practical trading solutions, Ruvi AI sets itself apart as a reliable and attractive investment.
A Stellar Presale Performance
Ruvi AI’s presale success highlights its potential to make waves in the cryptocurrency market:
Over $2.5 million raised, signaling strong investor confidence.
200 million tokens sold, reflecting growing demand.
A thriving community of more than 2,400 holders, forming a strong foundation for the ecosystem.
Currently priced at just $0.015 per token during its Phase 2 presale, Ruvi AI offers an affordable entry point for early adopters. Upon completing the presale, the price will rise to $0.07, representing an almost 5x ROI even before public trading begins. Analysts are optimistic about Ruvi AI’s valuation, predicting a $1 token price post-listing, which would mean a 66x ROI for initial investors.
This structured growth plan mirrors the early success of Solana, whose strategic development path turned it into a top blockchain platform.
Real-World Applications Make Ruvi AI Stand Out
What differentiates Ruvi AI from speculative projects is its real-world utility. By leveraging artificial intelligence (AI) and blockchain technology, Ruvi AI offers scalable, practical solutions across industries like marketing, entertainment, and finance.
Optimizing Marketing Strategies
Ruvi AI empowers businesses with AI-powered tools that enhance advertising efficiency. By improving audience targeting and optimizing ad spending, these tools provide businesses with higher returns on investment, making Ruvi AI a valuable platform for companies of all sizes.
Supporting Content Creators
For digital creators, Ruvi AI delivers blockchain-secured instant payouts, addressing the persistent issue of delayed payments. Furthermore, its AI-driven audience analytics help creators develop better strategies to engage their followers and monetize their content more effectively.
Transforming Financial Transactions
Ruvi AI also brings innovation to global finance by offering fraud-resistant, low-cost solutions for cross-border payments. These features reduce transaction fees and processing times, making Ruvi AI a reliable option for businesses and individuals dealing with international transactions.
By focusing on solving real-world problems, Ruvi AI ensures sustained demand for its token, setting the stage for long-term scalability and market presence.
Maximize Gains With Ruvi AI’s VIP Investment Tiers
Early investors in Ruvi AI stand to benefit immensely from its VIP tier system, designed to amplify returns by offering bonus tokens. Here’s a breakdown of the top investment tiers:
VIP Tier 2 ($750 investment, 40% bonus):
Total tokens received: 70,000 (50,000 base + 20,000 bonus).
Value at $0.07 per token: $4,900.
Value at $1 per token: $70,000.
VIP Tier 3 ($2,100 investment, 60% bonus):
Total tokens received: 224,000 (140,000 base + 84,000 bonus).
Value at $0.07 per token: $15,680.
Value at $1 per token: $224,000.
VIP Tier 5 ($9,600 investment, 100% bonus):
Total tokens received: 1,280,000 (double the allocation).
Value at $0.07 per token: $89,600.
Value at $1 per token: $1,280,000.
These tiers offer early adopters substantial advantages, making Ruvi AI an even more lucrative investment opportunity.
Why Ruvi AI Could Be the Next Big Utility Token
Ruvi AI’s winning formula of transparency, innovation, and real-world value positions it as a standout player in the cryptocurrency space. From its CyberScope audit and WEEX Exchange partnership to its practical applications across industries, Ruvi AI is built for long-term success and scalability. Add to this its impressive early performance, $2.5 million raised, 200 million tokens sold, and a growing base of 2,400 holders, and Ruvi AI’s trajectory becomes clear.
For investors who missed out on the early days of Solana, Ruvi AI presents a second chance to capture massive returns in the fast-evolving crypto market. Join the Ruvi AI presale today and secure your place in shaping its revolutionary future!
The post Solana’s (SOL) Utility Token Skyrocketed, Here’s Why This New Audited AI Token Could Be Next To Reach The Charts appeared first on Coinpedia Fintech News
The recent success of utility tokens like Solana has demonstrated the sheer potential of blockchain technology when paired with scalable, real-world applications. Following this trajectory, another project is catching the attention of the crypto world, Ruvi AI (RUVI). Backed by innovative technology, transparency, and an impressive presale performance, analysts are predicting that Ruvi AI could …
