In short
- Bitcoin has cleared $65K and Ethereum is up almost 6% this week on the low price. Thursday’s pullback is systematic—most of the 50 stocks are down less than 3%, with Ondo the only one standing at +14%.
- XRP is trading at $1.10, down 0.54%, with a total loss of -42% and a confirmed death cross on the daily chart.
- The biggest catalyst for XRP – the Senate’s vote on the Clarity Act – went down on July 4 and now looks set to reach the end of July or early August.
Markets are taking a break on Thursday after one of the most clean crypto pumps of 2026. The Consumer Price Index for June fell 0.4% -the lowest one-month drop since April 2020 -the Fed’s reduction in July from 31% to one figure, raising money, and giving crypto a reason to drive.
Wall Street was also delivered: Goldman Sachs, JPMorgan, Morgan Stanley, and Citi all posted Q2 earnings that beat expectations. Like Decrypt was closed on TuesdayBitcoin broke the $64K resistance that had been there for weeks. Ethereum advanced—about 6% in one day, touching $1,900.
Today’s dip, with the top 50 coins less than 3% off, is a plus. Ondo is the only one, more than 14% and leads the top 100 of the stock market in terms of growth indicators.
But not everyone is breathing hopium: the XRP version of the meeting was difficult. The coin created by the co-founders of Ripple opened Thursday at $1.11257, touched a high of $1.11722, and is now at $1.10650—down 0.54%. It didn’t fall. But it didn’t work either, not in the good old days and even now when comparisons are made with the market already going back.
Overall, XRP failed to break the price resistance established by Crypto Winter (dotted line) when it was timed. Now that the markets are slowing down, XRP Army is not looking as good as other altcoins.

Why? When funds re-enter crypto safely after a period of risk, they are not evenly spread. Bitcoin sucks first. Ethereum is moving forward—and ETH historically leads the crypto recovery, which is exactly what happened this week.
Overall, Ethereum looks much better than Bitcoin in the short term. It was a very painful accident, which explains why recovery can be so powerful.

The Altcoin Season Index at 45 (below the 50 indicator BTC/ETH rule) confirms the capital has not turned down the risk curve of altcoins yet. That power was visible in early July Also: When the $602 million short closing event sent Bitcoin back to $62K, XRP ended up only 3% while Ethereum and Solana almost doubled.
Another missing piece is XRP. The Clarity Act—a United States law that would have classified XRP as a commodity and opened up demand for ETFs—missed a vote on July 4 in the Senate. Without a day on the calendar, XRP is trading on only the big ideas—and losing the battle to Ethereum.
XRP price: Completion of Fibonacci retracement
XRP opened the current candlestick at $1.11 and is currently trading at $1.10, with a market value of about $69 billion, due to a slight decrease of half a percent. The Ripple token is currently testing the weak support level of its most recent leg – a move that went from $1.18 to $1.05.
This puts the price in a decision: hold here and push $1.13, or lose the $1.08 level and reopen the path to $1.06 and below the difficult $1.02.

ADX-Average Directional Index-reads 13.3, below the 25 threshold that confirms that there is a real trend. ADX measures trend strength on a 0-100, trend agnostic scale. Think of a car in neutral: The engine is firing but it’s not going anywhere. Under 20 there are many different traders who join the markets without guidance where false positives are common. There is one slightly optimistic reading: The indicator is moving from DI- (bearish rule) to DI+ (bullish rule). At ADX 13.3, however, the “change” is a major upgrade.
The Exponential Moving Averages—or EMAs, which give traders a view of price movements over time—tell a clear story. The average price of the last 50 days is trading at the lowest price of the last 200 days in a pattern called a death cross.
The death cross is the most well-known bearish sign in crypto, and XRP has been living in it since the price of $ 3.65 in July 2025. As Decrypt said on Tuesday, Bitcoin is fighting its death right now. For XRP, there is no sign that the two averages will start to converge.
The RSI-Relative Strength Index, a 0-100 momentum gauge where above 70 is overbought and below 30 is oversold – stands at 48.5. In the middle, there is no pressure on either side. The Squeeze Momentum indicator is “off” with a quick reading of 0.81v: a little positive but weak – enough to say the momentum is building, not enough to tell where it’s going. Looking at the charts, it seems that XRP may soon show signs of price pressure. Whether it breaks or goes down depends on Bitcoin having $64K and news from the Senate on the Clarity Act.
Disclaimer
The views and opinions provided by the author are for informational purposes only and do not constitute financial, investment, or other advice.
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