XRP Eyes Major Breakout vs Bitcoin as ETH and SOL Gain Momentum; BTC Lags
XRP’s Rally Against BTC Could Be Just Beginning
XRP has surged over 60% this month to new all-time highs above $3.50, but its breakout story may only just be unfolding—especially relative to Bitcoin. On Binance, the XRP/BTC pair is testing the top boundary of a four-year consolidation range, in place since early 2021.
Sideways ranges like this often act as periods of accumulation, with breakouts unleashing powerful moves. Given the length of the range, a successful breakout could drive outsized gains for XRP versus BTC.
Further supporting the bullish case, the Guppy Multiple Moving Average (GMMA) indicator has flipped positive for the first time since 2018. This signal occurs when short-term EMAs cross above long-term EMAs, historically a sign of sustained upward momentum.
XRP/USD: Golden Cross Adds to Bullish Momentum
On the USD chart, XRP is also showing strength after retesting and holding former resistance at $3.39, now acting as support. This successful retest is a textbook bullish signal.
A golden cross—the 50-day SMA crossing above the 200-day SMA—confirms upward momentum. Immediate resistance lies at $3.66, followed by $4.00. If XRP breaks below $3.35, however, it risks a deeper pullback toward $3.00 or even $2.65.
AI Insight: A breakout from the long-term XRP/BTC range would mark a significant inflection point. Traders may seek confirmation via a strong daily or weekly close above resistance before entering with size.
XRP Key Levels
- Resistance: $3.66, $4.00
- Support: $3.35, $3.00, $2.65
ETH Strengthens as Mayer Multiple Breaks Above December High
Ethereum’s bullish trend remains intact. The Mayer Multiple—a measure of momentum based on the ratio of spot price to the 200-day SMA—has reached its highest level since March 2024, surpassing its December peak.
The 50-day SMA continues to rise, while a bullish crossover between the 100-day and 200-day SMAs appears imminent. Ether may encounter consolidation near $4,000 due to options market dynamics, but the path remains open for a push toward $4,109 and eventually $4,382.
AI Insight: The rising Mayer Multiple indicates strong momentum. If macro conditions hold steady, ETH looks poised to retest and surpass recent highs.
ETH Key Levels
- Resistance: $4,000, $4,109, $4,382
- Support: $3,480, $3,081, $2,879
BTC Stalls as Momentum Weakens
Bitcoin continues to trade sideways, caught between its 50-, 100-, and 200-hour SMAs, which are now flat and tightly clustered—a clear sign of diminishing momentum.
A drop below the recent Asian session low of $116,539 could expose BTC to a deeper correction toward the May high at $111,965. On the upside, $120,000 remains a key psychological and technical barrier. Since July 14, BTC has failed to sustain any meaningful break above that level.
AI Insight: BTC is stuck in a low-volatility zone. Traders are likely to wait for a decisive breakout—up or down—before committing capital.
BTC Key Levels
- Resistance: $120,000, $123,181
- Support: $116,539, $115,739, $111,965
SOL Clears $185 as Rally Accelerates
Solana’s native token has broken past resistance at $185, supported by a strengthening MACD and a 14-day RSI above 70—indicating strong bullish momentum. The Mayer Multiple has also climbed to levels last seen in January.
However, overbought RSI suggests a near-term pause or pullback is possible. A drop below $177 would increase downside risk toward $168 or $157.
AI Insight: Momentum favors bulls, but the RSI suggests a potential cooling-off phase. Watching how SOL behaves around $185 will be key.
SOL Key Levels
- Resistance: $200, $218, $252–$264
- Support: $185, $168, $157
