• BTC is trying to push in the direction of $67,000 with help from the bullish RSI and the 100-day SMA under present costs.
• WLD has surged by 30% in 24 hours and might head to $5.25 if the bullish development continues.
• XRP has risen 13% and is approaching the resistance at $0.64 with shifting averages pointing to a continuation of the bullish development.

Previously 24 hours, the cryptocurrency market capitalization has surged to $2.41 trillion from a low of $2.16 trillion on July 7, displaying robust development. Buying and selling quantity has surged by over 15% to $97.17 billion, with main gamers BTC, WLD, PEPE and XRP main the rally. The large query is: can these cryptocurrencies proceed to rise?

BTC continues to rise, aiming for brand new heights

Bitcoin (BTC) confirmed market resilience with a 53.9% benefit, buying and selling throughout the $65,677.50 vary and sustaining the day gone by’s 3% positive aspects.

In keeping with knowledge from TradingView, the bullish sentiment for BTC is more likely to proceed within the quick time period. Having surpassed the earlier resistance at $63,850, market analysts expect a surge in the direction of the following barrier at round $67,000.

sauce: Buying and selling View

Technically, the RSI is trending up, strengthening the bullish momentum for Bitcoin. The RSI on the 63.88 place signifies that there’s vital room for the uptrend to proceed earlier than reaching overbought ranges, supporting a transfer in the direction of $67,000.

Furthermore, BTC’s present value under the 100-day SMA of $64,483 underscores the long-term bullish outlook. If this development continues, BTC may retest the $70,000 stage, final recorded on June 7.

WorldCoin WLD Bulls Intention for New Highs

In an indication of market energy, WorldCoin (WLD) has surged over 30% in simply 24 hours, breaking by way of a significant resistance marker and buying and selling at $2.86. This upward trajectory has pushed its market cap to $789.443 million whereas buying and selling quantity has elevated by 138.25% to $756.466 million.

sauce: Buying and selling View

This optimistic value motion is additional supported by the RSI which is buying and selling at 60.56. Traditionally, when WLD's RSI remained within the overbought zone, the coin hit its all-time excessive 4 months in the past. If this sample reoccurs, WLD may cross the $5.25 threshold and doubtlessly set a brand new document excessive.

PEPE rises 5%, Loss of life Cross indicators warning

Equally, Pepe (PEPE) has proven notable energy because the crypto market recovers, rising 5.28% up to now 24 hours. On the time of writing, PEPE is valued at $0.00001249. With a circulating provide of 420.69 trillion PEPE, the market cap has soared to $5.25 billion, securing it the twenty second place within the crypto market rankings.

sauce: Buying and selling View

The each day chart reveals a demise cross formation the place the 20-day SMA is under the 100-day SMA, suggesting a doable bearish reversal regardless of the latest uptrend. This sample means that short-term momentum is weakening and merchants ought to stay vigilant. Nonetheless, if PEPE manages to climb above the $0.000013474 resistance stage, it may doubtlessly purpose for an all-time excessive of $0.000017, which may lead to a acquire of 39.18%.

XRP Soars, Aiming for March Highs

Ripple’s XRP has surged 13% up to now 24 hours, standing out as one of many greatest gainers within the cryptocurrency market. XRP opened at $0.5496 and has maintained its worth above the $0.60 threshold. At present buying and selling at $0.61, XRP value has fluctuated between a each day low of $0.5343 and a each day excessive of $0.61.

sauce: Buying and selling View

Specialists are predicting a doable breakout that might push the worth greater because it approaches a key resistance stage round $0.64, final seen on April 9. If this resistance is breached, XRP may purpose for the March excessive of $0.74.

Shifting averages help the optimistic outlook as each the 20-day and 100-day averages are under the present value. This sample indicators the continuation of XRP’s bullish development in each the quick and long run.