XRP price forecast: XRP dips 7% as crypto downturn threatens bulls

  • XRP price fell 7% in the past 24 hours amid a broader crypto crash to touch lows of $2.90.
  • Daily trading volume jumped 28% to $8.2 billion as panic selling spread.
  • XRP’s technical outlook suggests further price declines.

Ripple’s XRP is one of the top losers in the leading cryptocurrencies by market segment as the cryptocurrency market faces fresh turbulence.

Amid a broader crypto downturn, the XRP price has fallen 7% in the past 24 hours to touch lows of $2.90.

This decline below the key level of $3.00 comes as Bitcoin hovers below $115k after another aggressive sell-off, with Ethereum, Solana and BNB also paring gains.

Macroeconomic headwinds and whale sell-offs are likely to drive further volatility across the market, with a bearish flip, bad news for altcoins.

However, could XRP’s strength see bulls rebound off support to eye new all-time highs?

XRP price – bulls fail to hold $3.00 amid crypto downturn

In the past 24 hours, XRP’s price has dropped from highs of $3.18 to lows of $2.90 across major exchanges.

While the 7% dip aligned with other top 10 coins, it’s notable that XRP slipped below the critical $3.00 threshold.

Daily trading volume rose 28% to over $8.2 billion, reflecting the level of panic selling that XRP has seen in the past 24 hours.

As noted, Ripple’s XRP dipped amid Bitcoin’s notable drop to lows near $114k.

Increased whale selling, in recent weeks, from long-dormant coins, combined with overall macroeconomic headwinds, to scattered bulls’ plans.

Per Coinglass data, these declines have led to total liquidations across the crypto market jumping 79% to more than $758 million in 24 hours.

ETH led with over $229 million in leveraged positions wiped out, and BTC saw $179 million in forced exits.

On the other hand, XRP accounted for $41 million, with most of these long positions totalling over $40 million.

A surge in liquidations, particularly, could fade bullish sentiment and allow bears to target lower levels.

The declining open interest, which fell 10% to $7.77 billion, hints at the reduced speculative activity.

Ripple price prediction

XRP’s technical outlook suggests price is revisiting a key support area, highlighted on the chart below.

XRP price chart by TradingView

On the daily chart, the Relative Strength Index (RSI) stands at 48 after retreating from overbought levels, and its dip suggests a potential continuation of the bearish momentum.

Furthermore, the Moving Average Convergence Divergence (MACD) shows a bearish crossover.

The histogram bars forming below the zero line indicate weakening momentum as bears strengthen.

If XRP price breaks below a break below $2.73, bears could accelerate the slide toward the $2.00 psychological support level.

On the flipside, a recovery above $3.00 could signal renewed momentum and allow bulls to target $3.55 and then $4.

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Best altcoin to invest in? BPENGU is turning heads with its presale

  • Many investors who profited from Pudgy Penguins are now eyeing what’s next—and Bitcoin Penguins is well-positioned to capture that rotation.
  • BPENGU’s presale has already raised $1.8 million, climbing through its early stages.
  • There are 15 stages in total, and early backers are already staring down massive gains.

Bitcoin closed out July at an all-time monthly high of $115,644, a milestone that speaks volumes about where the crypto market stands today: alive, maturing, and bracing for its next breakout chapter.

Despite a modest 3% dip to start August, the bullish sentiment hasn’t faded.

In fact, it’s moved downstream—towards altcoins, where investors are hunting the next moonshot.

Enter Bitcoin Penguins (BPENGU)—a project that’s not just riding the penguin meta but rewriting it completely.

Just when you thought penguins had peaked…

Pudgy Penguins turned heads, captured hearts, and carved a mutli millon dollar niche out of thin air.

PENGU has already made its mark this cycle, surging 130% over the past month and cementing its position as a leading meme coin.

Bitcoin Penguins is the logical next step—fusing the viral appeal of penguins with native integration into the Bitcoin ecosystem, a combination that remains largely untapped.

Another key bullish case for Bitcoin Penguins is the crypto market’s relentless search for the next breakout.

Many investors who profited from Pudgy Penguins are now eyeing what’s next—and Bitcoin Penguins is well-positioned to capture that rotation.

Born from the frenzy, BPENGU’s creators saw the wave, grabbed a napkin, and sketched out a smarter evolution.

“What if you fused Bitcoin’s brand with Pudgy’s culture?”

The answer: a meme coin with real economic gravity and explosive upside.

$1.8 million raised

The momentum isn’t theoretical. BPENGU’s presale has already raised $1.8 million, climbing through its early stages with a clean 5% price bump at every level.

There are 15 stages in total, and early backers are already staring down massive gains by the time listings go live on September 2.

Simple enough for a smart 12-year-old: every time a stage fills, the price goes up 5%.

No lock-ins, no fuzzy math. Just structured, transparent upside that rewards early believers.

Penguin power meets BTC muscle

Why does this matter now? Because altcoin season is warming up.

Bitcoin dominance is steady, but investors are rotating into low-cap plays with potential for 10x–100x returns.

With staking rewards up to 100% APY, a 1 BTC weekly jackpot, and a retail-first token allocation (only 3% to insiders), BPENGU is checking every box.

It’s more than just a meme—it’s a machine built for virality and velocity.

If you missed Pudgy Penguins, this is your shot at redemption. BPENGU isn’t a clone—it’s the next evolutionary step.

The penguin party’s just getting started, and this time it’s backed by Bitcoin.

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Memecoin (MEME) jumps 29% amid significant volume spike

  • Memecoin price rose 29% in 24 hours to hit highs above $0.0023.
  • Daily volume spiked 600% as MEME jumped amid a technical breakout.
  • Altcoins are bullish and an anlyst says MEME price could surge 690%.

Memecoin (MEME), a meme token of the Memeland platform, has surged by 29% in the past 24 hours.

This sudden price surge, which has come amid a notable spike in trading volume, has MEME trading at levels that might see bulls take further control.

While profit taking remains a potential setback, bullish momentum is largely in place as the broader cryptocurrency market gets a boost from institutional demand and regulatory support.

Memecoin’s surge is also not isolated in the meme token ecosystem.

Pepecoin, DOGS and Pump.fun are among those seeing a significant upside amid a backdrop of bullish projects for altcoins.

Dogecoin, Shiba Inu and TRUMP have also signaled resilience.

Volume spikes as MEME token surges 29%?

MEME’s price jump follows a technical breakout and overall flip in memecoins.

With a 29% spike in 24 hours, this token’s value is back at $0.0023 levels seen in May.

The gains also mean the price has increased 75% from lows of $0.0012 seen in June.

Daily volume has also jumped 600% to over $170 million, notable activity as the token benefits from speculative buying on launchpad sentiment.

In recent months, tokens such as PUMP and RAY have exploded on launchpad anticipation and adoption.

Memecoin price rose amid a technical breakout

However, the MEME price remains well over 95% down since reaching its all-time highs of $0.081 in November 2023.

What’s next for Memecoin price?

Crypto analysts point to Memecoin’s uptick amid a breakout from a large falling wedge pattern.

In the market, a falling wedge breakout is a technical formation that usually suggests a reversal from a downtrend.

The token is showing a regular bull divergence, to signal bullish strength.

According to analyst Javon Marks, MEME could be poised for a significant upward movement.

The forecast aligns with the analyst’s earlier predictions from July 12, 2025, when Marks identified a falling wedge breakout.

“MEME (Memecoin) is currently showing MAJOR STRENGTH and with prices still being broken out of a large Falling Wedge as well as coming off of a huge Regular Bull Divergence, there can be significantly more bullish action coming!,” noted crypto analyst Javon Marks.

According to the analyst, MEME prices are likely to skyrocket if bulls take control.

The memecoin’s price could target $0.018, a level that would represent a staggering 690% upside.

Conversely, a failure to maintain momentum might see prices retreat, testing lower support levels. Likely, these will be at $0.0016 and $0.0014.

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SUI price outlook: bulls on edge as $173M token unlock looms

  • Sui gained 7% in the past day to $3.94 intraday high.
  • A massive unlock on August 1 sparks fears of potential bearish pressure.
  • Holdings above $0.275 could support imminent breakouts.

Digital currencies saw mild gains on Friday as the global crypto market cap increased by 0.55% the previous 24 hours to $3.9 trillion.

While most alts signal recoveries, SUI led today’s gainers with an over 7% surge to $3.94.

The uptrend has excited enthusiasts who are watching for new breakouts.

Nevertheless, the upcoming $173 million SUI unlock on August 1 has dented investor confidence due to potential selling pressure after the massive token release.

Can the altcoin withstand the bearish storm?

SUI’s August 1 unlock

Token unlocks are usual in the cryptocurrency market, but they often trigger anxiety as they can influence short-term price actions.

Sui’s upcoming unlock isn’t an exception.

According to Tokenomist, Sui will release 44 million tokens, worth around $173 million at current prices, on August 1.

That’s a massive figure, especially considering the prevailing broad market uncertainty and SUI’s market dynamics.

Significant token unlocks flood the markets, possibly introducing substantial selling pressure when recipients offload part of their balances.

In Sui’s case, the $173 million unlock could test its current momentum.

The altcoin trades at $3.95, and participants would now closely watch the ‘reliable’ support barrier at $3.75.

The foothold has previously held strong amid pullbacks.

If SUI holds $3.75 throughout unlock-driven volatility, it would be an optimistic signal.

Healthy performance after token release will indicate impressive demand despite the surge in supply.

Such an outlook would position Sui as a maturing blockchain unbothered by short-term events.

Bulls could hold the line after July’s robust performance

The primary question remains whether buyers can maintain control amidst the supply shock.

The latest uptick to $3.94 has renewed optimism about another breakout.

However, SUI should hold above the support at $3.75 to absorb the upcoming token supply without panic selling.

Meanwhile, SUI heads into August after an impressive monthly performance, which will likely add upside steam.

Sui’s total value locked closed July with a fresh all-time high above $2 billion after stable uptrends since late June.

A surging TVL is crucial since it confirms the chain’s overall financial health, highlighting increased adoption and growth.

It is a key liquidity indicator.

More total value locked makes it easier for individuals to execute trades without substantial price slippages.

Also, SUI’s decentralised exchange (DEX) volume hit record highs of $14.3 billion in July.

SUI’s current price outlook

The altcoin displayed impressive recoveries after hitting a low of $3.69 yesterday.

SUI trades at $3.94 with a 15% uptick in trading volume, demonstrating a possible momentum shift to the upside.

Short-term technical indicators suggest a buyer comeback.

The MACD has just made a bullish crossover with the signal line on the 3H timeframe.

Moreover, the RSI at 52 suggests neutral sentiments as bulls look to flip the script.

Holding $3.75 amid the looming unlock might support uptrends to the Monday high near $4.35, opening the path to $5.

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Best crypto presale right now? BPENGU is closing in on the $2M mark

  • BPENGU has all the hallmarks of the best crypto presale to buy right now.
  • Over $1.7 million has already been raised, and early buyers in Stage 1 are now staring at massive gains.
  • Bitcoin Penguins isn’t just riding on meme momentum.

Markets are buzzing again, even if the Fed is still holding back.

While Jerome Powell stopped short of promising a rate cut in September, crypto investors are already looking past macro noise and rotating capital into new opportunities—and few tokens are turning heads quite like Bitcoin Penguins (BPENGU).

With a fixed, rising-price presale model and an exploding community behind it, BPENGU has all the hallmarks of the best crypto presale to buy right now.

Over $1.7 million has already been raised, and early buyers in Stage 1 are now staring at massive gains by the time the final stage closes on August 27.

But that’s just the beginning.

Why Bitcoin Penguins is the presale to beat

The hype is real—and so are the fundamentals.

Bitcoin Penguins isn’t just riding on meme momentum.

Its team has put together a launch plan that solves the biggest issues from past projects, like insider concentration and vague token utility.

Only 3% of the total supply is allocated to team and advisors, leaving the lion’s share for the community, staking, and liquidity.

That means early buyers aren’t just getting in cheap—they’re getting in ahead of what could be the next meme blue-chip.

PENGU has already emerged as a standout performer this cycle, rallying 150% over the past month and cementing its status as a leading meme coin.

Bitcoin Penguins builds on that momentum, merging the viral appeal of penguin-themed tokens with direct integration into the Bitcoin ecosystem—an intersection that remains largely untapped and ripe for exploration.

BPENGU also introduces weekly 1 BTC jackpots for stakers and 100% APY rewards, offering actual financial incentives to hold.

That kind of earning potential is almost unheard of at this stage—and it’s happening just as altseason takes off.

Fed uncertainty, crypto clarity

Jerome Powell may be hesitant to commit to cuts, but the crypto market isn’t waiting around.

With equities chopping sideways and inflation risks still present, investors are increasingly eyeing high-upside plays—and presales are back in favour.

Powell’s remarks on tariffs pushing up consumer prices add more pressure on the Fed to stay higher for longer.

That has historically driven interest into alternative assets, and BPENGU is catching that wave early.

With its September 2 listing approaching fast, and presale momentum building daily, Bitcoin Penguins isn’t just another crypto launch—it’s shaping up to be one of the biggest meme events of the year.

If you’re looking for the best crypto presale to buy now, this might just be it.

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