Crypto Trading Newsletter – July 30, 2025

Top Trading Tokens

1. Bitcoin (BTC)

Bitcoin is consolidating near its all-time high after a strong run. While short-term momentum may be waning, the long-term outlook remains bullish, especially with institutional backing and potential future rate cuts.

• Current Price (Approx.): $117,000 - $118,000

• Trend: Bullish, consolidating within a range. Bullish flag pattern identified on the daily chart.

• Key Resistance Levels: $120,000, $123,000 (recent peak), $125,000 (critical long-term trendline resistance).

• Key Support Levels: $116,000, $115,000 (short-term pivot), $112,000 (potential retest), $110,000 (critical support).

• Technical Indicators:

  • Weekly RSI: Elevated (high-70s to low-80s), indicating overbought conditions.

  • MACD: Showing signs of weakening short-term momentum, suggesting a potential breather or consolidation.

Trading Signal:

• Action: BUY on a pullback to strong support or a confirmed breakout.

• Entry Zone: $115,000 - $112,000 (if price retraces)

• Take Profit (TP) 1: $120,000

• Take Profit (TP) 2: $123,000

• Take Profit (TP) 3: $125,000 (A decisive break above $125k could open doors to $150,000+)

• Stop Loss (SL): $109,000 (if price fails to hold $110,000 critical support)

2. Ethereum (ETH)

Ethereum has shown remarkable strength in July, outperforming Bitcoin and attracting significant institutional inflows. However, short-term overbought conditions suggest caution.

• Current Price (Approx.): $3,730 - $3,800

• Trend: Strong uptrend, but facing potential short-term correction/consolidation due to overbought conditions. Golden Cross formed on July 1st (long-term bullish signal).

• Key Resistance Levels: $3,801, $3,823, $3,940, $4,000 (psychological and ascending triangle resistance).

• Key Support Levels: $3,730 (daily support), $3,576.71 (key support), $3,500 (immediate floor), $3,230 (20-day EMA, critical).

• Technical Indicators:

  • RSI: Deeply overbought (75-87), increasing the likelihood of a pullback.

  • MACD: Daily chart shows a recent bearish crossover, indicating early signs of downward momentum.

Trading Signal:

• Action: BUY on a confirmed pullback or bounce from support.

• Entry Zone: $3,500 - $3,570 (preferred entry for risk management given overbought RSI).

• Take Profit (TP) 1: $3,940

• Take Profit (TP) 2: $4,000

• Take Profit (TP) 3: $4,200 (if $4,000 is decisively broken)

• Stop Loss (SL): $3,450 (if price breaks below $3,500 support)

3. XRP (Ripple)

XRP is in a consolidation phase with notable whale activity suggesting bullish sentiment. A breakout from its current range could lead to significant gains.

• Current Price (Approx.): $3.10

• Trend: Consolidating, but with underlying bullish momentum. Whale accumulation noted.

• Key Resistance Levels: $3.30, $3.35 - $3.60 (key breakout zone), $3.65 (All-Time High).

• Key Support Levels: $2.96 - $3.00 (consolidation range, psychological).

• Technical Indicators:

  • RSI: Recently left overbought territory (around 79.55), indicating some cooling.

  • Golden Cross: Formed, signaling long-term bullish trend.

Trading Signal:

• Action: BUY if it holds support or breaks out with conviction.

• Entry Zone: $3.00 - $3.05 (on bounce from support) OR above $3.30 (on confirmed breakout).

• Take Profit (TP) 1: $3.35

• Take Profit (TP) 2: $3.60

• Take Profit (TP) 3: $5.80 (Fibonacci extension target, potential longer-term)

• Stop Loss (SL): $2.95 (if price fails to hold consolidation range)

4. Cardano (ADA)

Cardano experienced a strong rally in July, dispelling "death cross" fears. Upcoming fundamental developments like the Plomin Hard Fork and rising DeFi activity are key catalysts.

• Current Price (Approx.): $0.81

• Trend: Strong recent rally, but potential for short-term pullback.

• Key Resistance Levels: $0.88, $0.90, $0.93 (local top), $1.00 (psychological).

• Key Support Levels: $0.78 - $0.80 (key support), $0.75, $0.70 (firm hold needed).

• Technical Indicators:

  • RSI: Previous RSI divergence indicated a local top, suggesting caution.

Trading Signal:

• Action: BUY on a confirmed bounce from support levels.

• Entry Zone: $0.78 - $0.80 (on hold) or $0.70 (on deeper pullback).

• Take Profit (TP) 1: $0.88

• Take Profit (TP) 2: $0.93

• Take Profit (TP) 3: $1.00

• Stop Loss (SL): $0.73 (if price breaks below $0.75)

5. Binance Coin (BNB)

BNB has reached a new all-time high, driven by the Maxwell Upgrade and significant institutional allocations. The uptrend remains strong, but overbought conditions are present.

• Current Price (Approx.): $799 - $861.50 (New ATH)

• Trend: Strong bullish momentum, currently in price discovery.

• Key Resistance Levels: $861 (ATH), $900 (psychological), $907 (R3 pivot), $1,000 (psychological, early 2026 target).

• Key Support Levels: $794 (crucial breakout support), $802 (R2 pivot), $720 (previous breakout level), $707 (20-day EMA).

• Technical Indicators:

  • RSI: Very high (around 85), indicating deeply overbought conditions, but persistent buying pressure.

  • MACD: Rising and bullish, supporting the upward trend.

Trading Signal:

• Action: BUY on a successful retest of breakout levels.

• Entry Zone: $794 - $802 (on hold of support).

• Take Profit (TP) 1: $861 (retest ATH)

• Take Profit (TP) 2: $900

• Take Profit (TP) 3: $907

• Stop Loss (SL): $785 (if price breaks below $794 support)

6. Dogecoin (DOGE)

Dogecoin has shown a bullish reversal pattern recently, with a double bottom formation and a golden cross. Analyst predictions suggest significant upside potential.

• Current Price (Approx.): $0.2299 - $0.27

• Trend: Bullish reversal pattern (Double Bottom formation, Golden Cross from earlier analysis).

• Key Resistance Levels: $0.250 (noticeable), $0.26 - $0.27.

• Key Support Levels: $0.223 - $0.246 (core range), $0.220, $0.215.

• Technical Indicators:

  • MACD: Recent MACD histogram shows red bars, indicating a short-term downtrend and sellers dominating.

  • Moving Averages: Price recently crossed under 20- and 50-day EMAs, suggesting a short-term downtrend.

Trading Signal:

• Action: BUY on a bounce from the core range or a confirmed breakout.

• Entry Zone: $0.223 - $0.246 (on rebound).

• Take Profit (TP) 1: $0.26

• Take Profit (TP) 2: $0.27

• Take Profit (TP) 3: $0.476 (short-term analyst target)

• Stop Loss (SL): $0.210 (if price breaks below the core range $0.215)

Education for Newbies

Understanding Blockchain Basics

Blockchain is the foundational technology behind cryptocurrencies like Bitcoin and Ethereum. It's a decentralized, distributed ledger that records transactions across many computers. Here’s what makes it unique:

• Decentralization: Unlike traditional banking systems, no single entity controls the blockchain. Information is spread across a network of participants, making it resistant to single points of failure.

• Immutability: Once a transaction is recorded on the blockchain, it cannot be altered or deleted. Each new "block" of transactions is linked to the previous one, forming an unbroken chain.

• Transparency: While individual identities are often pseudonymous, all transactions on a public blockchain are visible to anyone. This transparency helps maintain trust and verify activity.

Disclaimer

All prices and trade recommendations reflect market data as of 30th July, 2025, and are for informational purposes only. Crypto trading carries significant risk. Always conduct your own research and consult a financial advisor before investing.