Anticipated Price Movements for Bitcoin, Ethereum, and Ripple: Potential Bullish Turnaround in Coming Days?
The cryptocurrency market is experiencing a bullish reversal this week, with major players like Bitcoin, Ethereum, and XRP showing signs of positive momentum.
At the time of writing, Ethereum (ETH) is trading near $3,983, having added over 9% to its value within the past 6 trading days. ETH's market capitalization has also increased to $478 billion. If Ethereum maintains its value near current levels, it could push toward the immediate resistance of $4,042. A sustained positive action may even push Ethereum to upper highs of $4,350 in the near timeframe [1].
Bitcoin (BTC) is also on the rise, having reclaimed the $116k mark and recording a 24-hour high of $117,689 today. Bitcoin is trading at a discount of 5.72% ($6,871) from its All-Time High (ATH) of $123,091.61 [1].
Meanwhile, XRP has been on a strong bullish run in July 2025, with price surging over 65%, breaking above $3 and reaching a yearly high around $3.66 [1]. Market experts suggest XRP could continue its uptrend into August 2025, with price targets ranging from $3.17 (AI-based short-term forecast) up to $6-$8 by the end of August or the year if bullish conditions persist [1][2]. However, short-term price action may include consolidation in the range of $2.80 to $3.20 or mild pullbacks before continuation of the uptrend [2][4].
Despite the strong bullish momentum, recent market analysis and expert opinions indicate that a short-term correction or consolidation is likely in the coming week. This is due to the anticipated pullbacks or sideways trading periods that often follow strong breakout runs [3].
The volume indicator for Ethereum shows considerable volatility, supporting the bullish angle. The Relative Strength Index (RSI) for Ethereum is currently at 67.62, suggesting a rising positive trading activity. For Bitcoin, the Moving Average Convergence Divergence (MACD) indicator in the daily chart reveals a constant decline in the red histogram, indicating a bearish signal. However, the Bitcoin price shows signs of a positive outlook with its averages on the verge of a Golden Cross [1].
The crypto-space has recorded a liquidation of over $330 million over the past 24 hours, with Bitcoin and Ethereum contributing to this figure. Bitcoin crypto had $13.34 million in long liquidations and $23.64 million in short liquidations, while Ethereum crypto had $30.58 million in long liquidations and $93.35 million in short liquidations [1].
In summary, while Bitcoin, Ethereum, and XRP are currently exhibiting bullish momentum, a short-term correction or consolidation is likely in the coming week. XRP specifically is projected to maintain an uptrend but may fluctuate between $2.80 and $3.20 in the near term before attempting new highs in August [1][2][4].
[1] CoinMarketCap (2025). Retrieved from https://coinmarketcap.com/ [2] TradingView (2025). Retrieved from https://www.tradingview.com/ [3] Crypto Daily (2025). Retrieved from https://cryptodaily.co.uk/ [4] NewsBTC (2025). Retrieved from https://www.newsbtc.com/
- The trading price of Ethereum (ETH) is currently at $3,983, with Bitcoin (BTC) reclaiming the $116k mark, both showing positive momentum in the current bullish reversal of the cryptocurrency market.
- XRP has been on a strong bullish run in July 2025, surging over 65% and reaching a yearly high around $3.66. Market experts predict XRP's price could continue its uptrend into August 2025, potentially reaching $6-$8 if bullish conditions persist.
- Despite the ongoing bullish momentum, there is an anticipation of a short-term correction or consolidation in the cryptocurrency market, as market analysis and expert opinions suggest such pullbacks or sideways trading periods often follow strong breakout runs.
