Bitcoin has spurred a crypto revival after surging to an unprecedented price peak of $122,838 on the previous week’s Monday. This milestone has reinforced bullish sentiments among traders, placing Bitcoin just 3.8% shy of its previous all-time high (ATH) as it eyes another potential breakout.
This dramatic rise has spurred strong gains across leading altcoins and top meme coins, with XRP, TRON, Sui Network, Solana, Pepe, Trump, SPX6900, and FartCoin each recording new historic highs, bolstering market optimism for sustained growth.
However, with crypto’s overall market capitalization sitting at $4 trillion, a period of cooling off has begun to stabilize gains, as reflected by a 3.7% dip over the past 24 hours.
As speculation mounts around a major upcoming bull run, investors are strategically targeting digital assets they expect to breach previous price ceilings.
Ripple (XRP): Cross-Border Payments Crypto Notches Record Price Highs
Ripple’s XRP continues to cement its role as a bridge between legacy banking systems and blockchain-based transactions. On July 18, it set a new ATH of $3.65, breaking its prior 2018 record of $3.40 – its first new high in seven years.
Currently trading at $3.45, XRP has now slipped from its ATH by 5.3%, though bullish traders anticipate a run to a new peak.
Due to its swift global settlement capabilities and ultra-low transaction fees, XRP has secured robust institutional backing, even earning praise from the United Nations for allowing frictionless cross-border payments without conventional banking intermediaries.
After years of legal contention, Ripple achieved a decisive victory in 2023 when a U.S. court ruled that retail sales of XRP do not constitute securities transactions. The SEC formally dropped its case by 2025, eliminating regulatory uncertainty and reinforcing XRP’s position among leading cryptocurrencies.
This legal clarity sparked renewed investor enthusiasm, sending XRP soaring over 474% since this time last year – far outpacing Bitcoin’s 76% growth in the same timeframe.
XRP’s relative strength index (RSI) currently stands at 77, as it continues to decline from Monday’s overheated 86, signalling that it remains in overbought territory. Following a notable 47% two-week rally that beat Bitcoin’s 9% gains over the same period, some investors are now cashing in their gains.
Overnight, XRP dipped 1%, suggesting a possible correction ahead. Should a pullback occur, it is expected to find strong support near its former resistance at $3.30.
Earlier in 2025, a bullish flag formation emerged, often a precursor to steep upward moves, hinting at a potential push toward the $4 mark by autumn.
Cardano ($ADA): Will This Eco-Friendly Ethereum Rival Break New Ground in 2025?
Interest in Cardano ($ADA) remains elevated, highlighted by a 45% rise over the past two weeks. This momentum is driven by solid technical indicators and increasing institutional curiosity. ADA, alongside XRP and Solana, was even cited by Donald Trump as a candidate for inclusion in a proposed U.S. Strategic Bitcoin Reserve.
Founded by Ethereum co-founder Charles Hoskinson in 2014, Cardano is renowned for its academic, research-driven development approach and its environmentally friendly Proof-of-Stake (PoS) consensus model, which influenced Ethereum’s own shift away from Proof-of-Work.
With a current market capitalization of $31.2 billion, ADA would need to triple in value to surpass Solana and challenge Ethereum’s dominance.
ADA has climbed 15% over the last seven days, significantly outperforming Bitcoin, which dipped by half a percent during the same period.
Bullish analysis forecasts that ADA’s price nearly double from its current $0.92 to around $1.50 by fall by mid-year, with the most bullish projections aiming for its September 2021 ATH of $3.09 – a level it remains 72% below.
A recent bullish flag pattern indicates potential further upside, though ADA’s RSI has hit an overbought reading of 72, cooling from 85 two days ago, implying a wave of profit-taking to consolidate gains is gathering speed.
Key resistance lies at $1.15, while strong support is seen between $0.85 and $0.90.
Pepe ($PEPE): Meme Coin Crypto Icon Targets Fresh Price Peaks
In barely two years, Pepe ($PEPE) has ascended into the ranks of the top three meme coins, leveraging cultural importance and market traction to cement its status.
Modelled after Matt Furie’s famed frog character, Pepe has rewarded early investors handsomely, achieving a market capitalization of nearly $5.8 billion.
Since its April 2023 debut, Pepe has inspired numerous imitators, though none have rivalled its success. Its popularity reached new heights when X CEO Elon Musk temporarily changed his profile photo to a Pepe-themed image.
Now priced at approximately $0.00001371, Pepe has jumped 34% in the past fortnight and 54% over the past month, although it remains 51.1% below its late-2024 ATH of $0.00002803. In Q1 this year, Pepe formed a falling wedge pattern, which often precedes a bullish breakout.
With its RSI at 65, momentum remains positive and buy-heavy, although it is downtrending from the overbought threshold of 70, meaning that a sell-off is picking up that could stabilize Pepe’s price at its current level or result in a slight dip.
Pepe bulls are hoping for some certainty across both crypto markets and current affairs. If investors switch to a risk-on outlook, this meme coin could have another powerful rally before summer concludes.
Snorter ($SNORT): Low-Price Entry to an Advanced Crypto Trading Bot Platform
Identifying emerging crypto projects before widespread adoption is key to outsized returns. While major altcoins maintain their momentum, new tokens continue to unlock fresh opportunities.
One such rising star is Snorter ($SNORT), a hybrid meme token and trading bot built on Solana with future cross-chain expansion plans. Operating within Telegram, Snorter offers real-time market data directly to group chats.
Boasting transaction fees as low as 0.85%, Snorter competes with popular bots like BonkBot, Maestro, and Trojan. Its features include MEV-protected swaps, copy trading, rug pull detection, and limit order sniping, positioning it as a comprehensive crypto trading tool.
Investor demand has been strong, with the presale raising over $2.3 million. Its staking programme offers attractive yields up to 179% APY, providing significant incentives for early participants. Currently offered at a fixed price just under ten cents, Snorter’s token price increases nominally as it moves through the presale rounds, incentivising earlier participation.
Whether you’re a veteran trader or new to meme coins, Snorter seeks to provide an intuitive and powerful platform for navigating today’s fast-evolving crypto market.
Keep up with Snorter on X, Instagram, or join the presale on the Snorter website.
The post Crypto Price Prediction Today 23 July – XRP, Cardano, Pepe appeared first on Cryptonews.
https://cryptonews.com/news/crypto-price-prediction-today-23-july-xrp-cardano-pepe/
