#Gate Blue Challenge #
🚀 XRP Breakout Could Send Price Straight to $7.20 – Here’s Why
The cryptocurrency market is buzzing with excitement, and all eyes are once again on XRP. After years of consolidation and legal uncertainty, XRP has finally formed a classic “cup and handle” bullish pattern on the charts — a setup that often precedes explosive upward moves.
📊 Technical View:
Pattern signals potential for a massive breakout.
Breakout level has already been tested.
Chart projections + Fibonacci extensions put the next target at $7.20.
⚖️ Fundamentals in Favor:
Ripple’s legal battle with the

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📌 Today’s Hot Topics:
🔹 #BTC# price fluctuations may trigger $1.566B in liquidations
🔹 #ETH# falls below 4,400 USDT, down 0.82% in 24 hours
🔹 The #ETF# Store president recommends directly purchasing Bitcoin or Ethereum spot ETFs
🔹 Mixed U.S. economic data fuels ongoing volatility in Fed rate-cut expectations
🔹 Multiple market forces may drive Bitcoin to $150,000 by end of 2025
🔹 Thailand launches TouristDigiPay program to support crypto payments for tourists
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#Gate Blue Challenge#
Crypto Market faces strong headwinds as Fartcoin (FARTCOIN), Virtuals Protocol (VIRTUAL), and Celestia (TIA) post double-digit losses, with over $1B liquidations triggered by higher-than-expected US July PPI data.
FARTCOIN: After dropping 12% on Thursday, it edges 2% higher on Friday, still holding above the 200-day EMA at $0.9656. A push above $1.00 could trigger recovery, but a drop below support risks a deeper decline.
VIRTUAL: Down more than 13% on Thursday, it now risks a death cross as the 50- and 200-day EMAs converge. Support at $1.12 remains critical, while recla

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