Because the crypto market stumbles heading into the ultimate week of July, merchants at the moment are bracing for a possible shift in August.
Volatility has spiked, lengthy positions have been worn out, and a number of prime altcoins—XRP, Solana (SOL), and Cardano (ADA)—are buying and selling close to key ranges that would both set off a reversal or deepen the drawdown.
Beneath, we look at the place these cash at the moment stand and what short-term projections are signaling for the subsequent few weeks.
XRP Forecast: Essential Help in Play
XRP is buying and selling at $3.02, having misplaced over 11% in the previous 7 days. Regardless of bullish forecasts earlier this month, the token is now approaching crucial technical help across the $2.90–$3.00 stage. If this zone holds, merchants anticipate a bounce towards the $3.40 resistance in early August.
Nonetheless, any shut under $2.90 might open the door to additional draw back, probably dragging XRP again towards $2.70. Given its excessive buying and selling quantity of $9.46 billion in the final 24 hours, volatility might stay elevated.
Brief-Time period Prediction (August 2025):
- Bullish state of affairs: $3.40
- Bearish state of affairs: $2.70
- Base case: Consolidation round $3.10–$3.20
Solana Worth Outlook: Ready for a Reversal Set off
Solana is hovering at $177.24, down roughly 5.4% in the previous 24 hours. Regardless of the pullback, its weekly efficiency has been comparatively steady at solely 0.09% decrease over 7 days—suggesting potential accumulation at these ranges.
With a market cap close to $95.4 billion and robust ecosystem fundamentals, Solana continues to be thought of one of many prime Layer 1 contenders. If consumers step in above $175, analysts see upside again to $190 and even $200 in August. However one other leg down might check help close to $165.
Brief-Time period Prediction (August 2025):
- Bullish state of affairs: $200
- Bearish state of affairs: $165
- Base case: Gradual rebound to $185
Cardano’s Struggles Proceed—However August Might Be a Turning Level
Cardano (ADA) is at the moment priced at $0.7821, with losses throughout all timeframes: down 2.31% in the previous hour, 4.49% in 24 hours, and 6.09% over the past 7 days. Sentiment stays weak, however Cardano’s each day buying and selling quantity of $1.66 billion signifies there’s nonetheless vital exercise.
If ADA can reclaim $0.80 and shut above it, merchants might start concentrating on the $0.88 resistance in early August. In any other case, continued promoting could push it again to $0.72, with a possible retest of the $0.68 zone if sentiment doesn’t enhance.
Brief-Time period Prediction (August 2025):
- Bullish state of affairs: $0.88
- Bearish state of affairs: $0.68
- Base case: Sideways between $0.75–$0.82
Closing Ideas
August could carry heightened volatility for XRP, Solana, and Cardano, particularly as macro components and liquidity traits proceed to sway investor sentiment. Technical setups recommend all three cash are sitting close to essential inflection factors—what occurs subsequent relies upon largely on whether or not consumers regain management in the opening days of the month.
Merchants ought to watch quantity spikes, RSI divergences, and each day candle closes for early indicators of a directional transfer.
Alexander Stefanov
Reporter at Coindoo
Alex is an skilled monetary journalist and cryptocurrency fanatic. With over 8 years of expertise protecting the crypto, blockchain, and fintech industries, he’s well-versed in the complicated and ever-evolving world of digital belongings. His insightful and thought-provoking articles present readers with a transparent image of the newest developments and traits in the market. His strategy permits him to interrupt down complicated concepts into accessible and in-depth content material. Comply with his publications to remain updated with an important traits and matters.
