Worldcoin Soars 30%, Pepe Wins, XRP Aims for New Highs: Crypto Market Update
BTC is eyeing $67,000, supported by a bullish RSI and 100-day SMA below current price.
WLD surged 30% in 24 hours, potentially targeting $5.25 if the uptrend continues.
XRP is up 13%, near resistance at $0.64, with the moving averages indicating a continued uptrend.
Over the past 24 hours, the crypto market cap surged to $2.41 trillion from $2.16 trillion on July 7, demonstrating robust gains. As trading volume increased by over 15% to $97.17 billion, major players BTC, WLD, PEPE and XRP are leading the rise. The burning question remains: can these cryptos extend their rally?
BTC maintains its gains and aims higher
With 53.9% dominance, Bitcoin (BTC) is showing market resilience, trading within the $65,677.50 range and holding on to the previous day's 3% gains.
Data from TradingView suggests that bullish sentiment for BTC could persist in the near term. After breaking above the previous resistance at $63.85,000, market analysts expect a push towards the next barrier at around $67,000.
Source: TradingView
Technically, the RSI is trending upward, reinforcing Bitcoin's bullish momentum. Positioned at 63.88, the RSI indicates significant room for the uptrend to continue before reaching overbought levels, supporting a move towards $67,000.
Additionally, the 100-day SMA, currently below BTC price at $64,483, highlights a long-term bullish outlook. If this trend continues, BTC is poised to retest the $70,000 mark last seen on June 7.
Worldcoin WLD bulls aim for new highs.$PEPE
