- Crypto finds resistance across the board.
- Altcoin XRP paints bullish picture for the rest of 2026.
- Is the altseason peak phase still in play this year?
The crypto market may be seeing the end of the short bullish pump it experienced during the first week of July. As many bearish analysts explained, a short pump would occur before a greater drop in the price of BTC. When BTC falls, Ethereum and altcoins may follow, or altcoin dominance may finally take the lead. As crypto finds resistance across the board, altcoin XRP paints a bullish picture for the rest of 2026.
Crypto Finds Resistance Across the Board
A popular and reputed crypto analyst shed light on the fact that recently, after the short surge in crypto prices, the market is facing strong resistance across the board. In particular, assets like Bitcoin and XRP are facing strong resistances, pointing to the high possibility that the prices of these assets will likely dip even lower over the coming weeks before a strong bullish surge that could revive the market.
As we can see from the post above, the expert goes on to explain how over the last week, we finally saw some momentum come through on XRP. Despite which she had warned that upside would be limited until the lower support below $1 is reached. Then, XRP pushed into $1.18 resistance and was met with a sharp rejection. At the same time, Bitcoin (BTC) experienced a similar hurdle.
In detail, BTC perfectly reached its macro 0.5 retracement at $64,000 and was rejected as well. Thus, she declares that the market is sending a pretty clear message here, and expects to see another pause at the $1.09 and $1.00 price targets on the way down to $0.87. She also points out how the market is overwhelmingly trying to pick up the liquidity it needs before the next major trend begins.
All in all, she concludes that these bounces are actually really healthy for the market and for the asset specifically. She then explains that this is because the bounces pull the RSI higher and exhaust selling as price reaches major support. This is exactly the type of behavior one should expect near the end of a correction. It’s helping build the signals we’re looking for, which is the inevitable surge in XRP price.
Altcoin XRP Paints Bullish Picture for the Rest of 2026
Another XRP enthusiast adds to this conversation by highlighting how XRP at $1.14 is down by 0.76% but the chart is telling a different story. He uses the chart accompanying the post below to highlight the bounce. As price swept below $1, tapped the demand zone, and came straight back, it shows strength not weakness. This spring shows that the market is doing what it does best, hunting stops before the real move begins and $1 is the floor. It was tested and it held. That level has been defended and the chart made that very clear.
With the wedge broken, wave 4 put in its low and the trendline from the bottom and is now acting as support. Already, RSI is at 63 and climbing, and momentum is shifting fast.Next, the $1.29 level will be reclaimed first. Once cleared, the road to $1.61 will open up, which will be the next major resistance. The bounce off those lows was too clean to ignore. The structure is there. The momentum is there. The thesis has not changed, and $4.47 was always the target. Nothing about this chart has changed that, he concludes.
