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    Weekly Crypto News Alerts: Unraveling the Week’s Biggest Events and Market Prices!

    Welcome to our weekly crypto news alerts, number 29 (29th week of the year), where we bring you the latest updates and insights from the dynamic world of cryptocurrencies.

    This week has been filled with significant developments and market movements that have kept investors and enthusiasts on the edge of their seats.

    As the crypto market continues to captivate investors and enthusiasts alike, staying informed about the latest updates and developments is crucial to make informed decisions in this dynamic space.

    In this weekly crypto news roundup, we aim to bring you a comprehensive overview of the most significant events, price analyses, and expert insights from the crypto world.

    From the ever-volatile Bitcoin to the latest developments in altcoins and emerging blockchain technologies, we’ve got you covered.

    This week, the crypto market has seen its fair share of ups and downs, with major cryptocurrencies grappling with critical support and resistance levels.

    Bitcoin, the pioneer of digital currencies, finds itself once again testing the crucial $30,000 mark, with investors closely monitoring its every move.

    As we navigate the coming weeks, the market’s fate hangs in the balance, awaiting pivotal macroeconomic news, including the highly anticipated Federal Reserve interest rate decision.

    Our weekend technical analysis for Bitcoin brings forward expert perspectives on the potential for increased volatility and a potential bullish breakout.

    Cryptocurrency analysts have weighed in, providing valuable insights into what the future might hold for the leading digital asset.

    Meanwhile, Ethereum, the second-largest cryptocurrency, has faced its own set of challenges, as it attempts to breach the $2,000 level.

    Traders are closely observing its price movements, anticipating a decisive breakout that could shape its mid-term prospects.

    Additionally, we delve into the predictions surrounding Ripple (XRP), a cryptocurrency that has experienced significant fluctuations due to an ongoing lawsuit.

    Financial analysts share their outlook on XRP’s potential for recovery and the possibility of reclaiming its previous all-time high.

    On the brighter side, Stellar (XLM) has made headlines as it skyrockets to a 15-month high, raising questions about its potential to replace XRP in the long run.

    With increased demand from institutional and retail traders, Stellar’s market movements have captured the attention of investors.

    Furthermore, our weekly crypto price analysis examines XRP, BNB, ADA, and SOL, providing valuable insights into the recent price trends and potential future movements for these prominent cryptocurrencies.

    As we explore the weekly developments in the crypto market, we aim to provide you with a comprehensive understanding of the forces driving the prices and the factors shaping the overall landscape.

    Our team of experts here at Perseus Crypto works tirelessly to keep you informed about the latest happenings, ensuring you stay ahead in this fast-paced and ever-changing world of cryptocurrencies.

    So, buckle up and join us on this exciting journey as we unravel the week’s biggest events and market prices in the thrilling realm of cryptocurrencies!

    Crypto News Alerts Weekend Technical Analysis for Bitcoin: Incoming Volatility and Potential Pump

    Bitcoin (BTC) has found itself once again below the crucial $30,000 mark, capturing the attention of investors who are closely tracking its price movements.

    The coming weeks hold significant importance as the asset’s valuation could be significantly influenced by macroeconomic news, including the highly anticipated Federal Reserve interest rate decision.

    A prominent pseudonymous cryptocurrency analyst, FieryTrading, shared insights on TradingView, suggesting that investors should brace for increased volatility in Bitcoin over the weekend.

    Despite the recent failure to break through the $31,000 level, FieryTrading remains bullish on the long-term prospects of the leading cryptocurrency.

    The imminent Federal Reserve interest rate decision has further fueled speculations of potential heightened volatility, and its impact has also been felt in the traditional financial markets.

    Meanwhile, Tolberti, another analyst, posted a compelling analysis on July 22, indicating a possible bullish breakout for Bitcoin.

    Tolberti identified a bullish pennant pattern on the daily chart after a consolidation period of one month.

    Based on the 0.618 Fibonacci extension, Tolberti predicts a potential breakout to around $34,000, followed by an uptrend to $39,000.

    However, traders are advised to exercise caution as a breakdown could lead to a drop to $21,000, potentially offering short positions for traders.

    Bitcoin Price Analysis

    Presently, Bitcoin is striving to maintain its position above the $29,000 level, trying to avoid a steep decline.

    As of the latest data, the cryptocurrency is trading at $29,897, reflecting a decline of over 1% in the past seven days.

    Technical analysis based on one-day gauges retrieved from TradingView indicates a state of neutrality.

    The summary of the gauges gives a sentiment score of 9, categorizing the current market sentiment as “neutral.”

    Additionally, the moving averages contribute to a “sell” rating of 6.

    Oscillators also align with the overall “neutral” sentiment, registering a score of 8.

    ETH Unable to Breach $2K But Is a Massive Move Coming? (Ethereum Price Analysis)

    On June 21st, Ethereum experienced a surge that took it past the critical 100-day moving average, continuing its uptrend after a minor pullback.

    The price approached the critical resistance zone at $2,000, but encountered increased selling pressure, leading to minor rejections.

    Currently, Ethereum finds support at the 100-day MA, positioned at $1,867, which has acted as a crucial level preventing further downward slides in recent weeks.

    The market awaits a decisive breakout from this significant range, which will significantly impact Ethereum’s mid-term prospects.

    The 4-Hour ETH Chart

    A bearish trend for Ethereum becomes evident when analyzing the 4-hour timeframe.

    The price broke below its multi-week upward trendline after facing rejection at the $2,000 resistance zone.

    A subsequent pullback confirmed the breakout.

    Ethereum is presently confined between two critical price levels: the static resistance at $2,000 and the vital support at $1,850.

    This suggests a potential range-bound market characterized by consolidation candles and a lack of a strong trend.

    The market anticipates a breakout to reveal the upcoming direction for Ethereum.

    Market State
    Market State – Source: Coin360

    Financial Analysts’ Predictions About Ripple (XRP)

    Ripple (XRP) experienced a significant 70% decline in market value in 2022.

    However, financial analysts are optimistic that the cryptocurrency could recover its previous all-time high of $3.84, especially if the ongoing lawsuit is ruled in favor of Ripple (XRP).

    Crypto enthusiasts and analysts also speculate that Ripple (XRP) might reach $21.84 by late 2024.

    If this prediction comes true, informed investors could potentially witness a substantial 40x profit.

    As of now, Ripple (XRP) is trading at 0.506486, boasting a market cap of $50.49 billion.

    With a 24-hour trading volume of $1,254,201,957, Ripple (XRP) may be closer to a significant breakthrough than previously expected.

    Stellar Skyrockets by 20% to Reach 15-Month High of $0.18 – Can XLM Replace XRP in the Long Run?

    The Stellar (XLM) market has been experiencing a bullish trend, driven by increased demand from both institutional and retail traders.

    Recent crypto market data reveals that Stellar (XLM) rallied to a 15-month high of 18 cents following the ruling on the SEC vs. Ripple case on XRP sales.

    After a slight retraction, XLM found support around 12 cents and has since rebounded, currently trading at approximately $0.163.

    The Stellar (XLM) market has witnessed a significant surge in daily traded volume, reaching around $581 million in the past 24 hours.

    This surge has pushed Stellar’s market cap to approximately $4.4 billion and its FDV to approximately $8.1 billion.

    Despite having only a few DeFi protocols running on the Stellar blockchain, the total value locked (TVL) has experienced exponential growth, reaching about $30.5 million.

    Additionally, stablecoins operating on the Stellar blockchain have also seen substantial growth, amounting to about $99 million, with a 24-hour traded volume of approximately $3.93 million.

    Xrp Usd

    Weekly Crypto Price Analysis: XRP, BNB, ADA, and SOL


    The past week has seen XRP gain momentum, witnessing a 12% price increase.

    The bulls managed to defend the $0.84-$0.75 range for most of the week, but they failed to push the prices above $0.83.

    As of writing, XRP is trading at $0.7830, experiencing a slight 0.38% decline in the last 24 hours.

    The weekly technical indicators suggest that the 20-EMA and 50-EMA are closely aligned, indicating a potential range-bound market between $0.75 and $0.83.

    The MACD indicator resides in positive territory, with the MACD line trending higher, suggesting a slow build-up of buying pressure.

    The RSI is above 75, signaling an overbought market.


    The BNB price analysis shows the coin trading in a range of $252-$239 for most of the week, with both bulls and bears actively participating in the market.

    At the time of writing, BNB is trading at $243, reflecting a 0.75% increase in the last 24 hours.

    The weekly high of $255 on July 15 couldn’t be sustained, and the price fell to a weekly low of $239 on July 18.

    The 20-EMA indicates a slight downward angle, pointing to a potential continuation of the bearish trend.

    The MACD also signals bearish momentum and divergence from the signal line.

    The RSI below 50 suggests that selling pressure may persist in the coming days.

    A move below $230 could trigger further price declines, while a move above $250 could pave the way for upward movement.

    Ada Usd


    ADA has been trading in a tight range of $0.3368-$0.3034 throughout the week, likely to remain close to this level until significant crypto news alerts emerge.

    As of the latest update, ADA is trading at $0.3138, experiencing a 0.49% decline in the last 24 hours.

    The weekly high of $0.3368 couldn’t be sustained, and the price retreated toward the $0.3034 support level.

    The technical indicators signal a bearish trend for ADA, with the 20-EMA positioned below the 50-EMA.

    The RSI remains mostly flat between 40 and 50, indicating weak buying pressure.

    The MACD line remains below the signal line, reinforcing the downward pressure.

    Additionally, the SMA exhibits a significant bearish angle, suggesting further downside potential in the near term.


    The Solana price analysis indicates that the coin has been trading within a mixed range, with no clear signs of a breakout.

    As of the latest data, SOL is trading at $25.77, recording a 2.21% increase in the last 24 hours.

    The 20-EMA and 50-EMA are trading closely aligned, indicating a potential range-bound market between $25.14 and $25.95.

    The RSI at a neutral level of 55.24 suggests that the bulls and bears are evenly matched.

    The MACD hovering close to zero signifies a range-bound trading environment.

    The SMA’s significant downward angle suggests further downside potential in the near term.

    A move above $26 could trigger upward movement, while a move below $25 could invite additional selling pressure.

    Weekly Crypto Analysis Conclusion

    The weekly crypto analysis demonstrates that several major cryptocurrencies have been consolidating in a sideways range.

    Bulls and bears are currently locked in a tug of war as the market awaits a decisive catalyst to dictate its direction.

    With technical indicators providing mixed signals, the possibility of a breakout from the current trading range remains uncertain and is yet to be seen.

    As the market continues to evolve, traders and investors are closely monitoring the price movements and anticipating a decisive move in the near future.

    Joshua Carl
    Joshua Carl
    With his finger on the pulse of the crypto industry, Joshua continues to push the boundaries of knowledge and insight, ensuring that readers are well-informed and inspired by the exciting possibilities that lie ahead.

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