DeFi Daily News
Saturday, September 12, 2026
Advertisement
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi-IRA
  • DeFi
    • NFT
    • Metaverse
    • Web 3
  • Finance
    • Business Finance
    • Personal Finance
  • Markets
    • Crypto Market
    • Stock Market
    • Analysis
  • Other News
    • World & US
    • Politics
    • Entertainment
    • Tech
    • Sports
    • Health
  • Videos
No Result
View All Result
DeFi Daily News
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi-IRA
  • DeFi
    • NFT
    • Metaverse
    • Web 3
  • Finance
    • Business Finance
    • Personal Finance
  • Markets
    • Crypto Market
    • Stock Market
    • Analysis
  • Other News
    • World & US
    • Politics
    • Entertainment
    • Tech
    • Sports
    • Health
  • Videos
No Result
View All Result
DeFi Daily News
No Result
View All Result
Home Markets Crypto Market

rewrite this title Key Events This Week That Could Make or Break Bitcoin, Ethereum, and XRP Prices

Anjali Belgaumkar by Anjali Belgaumkar
August 2, 2026
in Crypto Market
0 0
0
rewrite this title Key Events This Week That Could Make or Break Bitcoin, Ethereum, and XRP Prices
0
SHARES
0
VIEWS
Share on FacebookShare on TwitterShare on Telegram
Listen to this article


rewrite this content using a minimum of 1200 words and keep HTML tags

This week is packed with events that could move crypto prices, from major economic data releases to big tech earnings. Here’s what’s on the calendar, and what analysts are watching for Bitcoin, Ethereum, and XRP.

What’s Happening This Week

Markets are reacting today after Trump canceled planned US strikes on Iran. Beyond that, several major economic reports are landing:

Monday: July ISM Manufacturing PMI dataTuesday: June JOLTS Job Openings data, plus earnings from AMD and SpaceXWednesday: July ADP Nonfarm Employment Change data, plus earnings from SanDiskFriday: The July jobs report, due Friday, is one of the week’s biggest market catalysts

On top of that, roughly 20% of S&P 500 companies are reporting earnings this week, adding even more potential for volatility across markets, crypto included.

Where Bitcoin Stands Right Now

Bitcoin closed July at $62,818, remaining down over 49% from its October peak. One analyst pointed to a few key numbers: the 200-week moving average sits near $63,000, the realized price is around $52,000 and still falling, and the monthly RSI reading of 43 remains below the neutral 50 level. 

According to that analysis, Bitcoin may be starting a bottoming process, a phase that historically takes one to three months and often includes a dip below the realized price before finding a true bottom.

A separate analysis compared the current cycle to the three previous ones. Based on how many days have passed since Bitcoin’s October 2025 peak, the historical median path would put Bitcoin near $45,347 right now. 

Instead, Bitcoin is trading about 39% above that historical benchmark, suggesting this cycle has held up noticeably better than past ones so far. That doesn’t guarantee the decline is finished, but it does show relative strength compared to history.

XRP Is Coiling Near a Key Level

XRP must defend $1.06 support and then reclaim $1.16 to shift its structure now, according to chart analysts tracking the token. Every relief rally since XRP’s January high near $2.40 has been capped by the same resistance pattern, and $1.16 remains the level to watch for signs that could finally change.

Price is currently compressing between the 20-day and 50-day moving averages, roughly between $1.08 and $1.12, a tight range analysts say is building pressure for a bigger move, though it’s not yet clear which direction that move will take.

Ethereum’s Range Could Be a Setup, Not Stability

Ethereum has been stuck trading between roughly $1,860 and $1,955 for several weeks. One analyst says Ethereum could eventually reach higher levels after a deeper pullback, but only after a specific sequence plays out first: a rally into the $1,900 to $2,000 resistance zone, followed by a distribution period, then a deeper test toward the $900 to $1,400 range before any new bull cycle begins.

Was this writing helpful?

Tell us why!

Close Submit

Share this insight with your network!

Story Ends Here

Trust with CoinPedia:

CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.

Investment Disclaimer:

All opinions and insights shared represent the author’s own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.

Sponsored and Advertisements:

Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.

Read the Next News

and include conclusion section that’s entertaining to read. do not include the title. Add a hyperlink to this website http://defi-daily.com and label it “DeFi Daily News” for more trending news articles like this



Source link

Tags: BitcoinbreakEthereumeventsKeypricesrewritetitleWeekXRP
ShareTweetShare
Previous Post

rewrite this title Official Trailer for ‘Esta Isla’ Award-Winning Puerto Rican Indie Film | FirstShowing.net

Next Post

Married For 19 Years And At A Financial Standstill

Next Post
Married For 19 Years And At A Financial Standstill

Married For 19 Years And At A Financial Standstill

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search

No Result
View All Result
  • Trending
  • Comments
  • Latest
US Orders Some Embassy Staff to Leave Baghdad on Iran Threat

US Orders Some Embassy Staff to Leave Baghdad on Iran Threat

June 12, 2025
rewrite this title Bitcoin’s Trajectory Towards 2026: A Comprehensive Price Outlook

rewrite this title Bitcoin’s Trajectory Towards 2026: A Comprehensive Price Outlook

July 15, 2025
The World Is Slowly Moving From the Dollar as Reserve Currency, Says Rabobank’s Foley

The World Is Slowly Moving From the Dollar as Reserve Currency, Says Rabobank’s Foley

March 6, 2025
Fed Chair Jerome Powell talks economy, rate cuts, and monetary policy with David Rubenstein

Fed Chair Jerome Powell talks economy, rate cuts, and monetary policy with David Rubenstein

July 15, 2024
rewrite this title Netflix starts to show interest in the bid to purchase Warner Bros.

rewrite this title Netflix starts to show interest in the bid to purchase Warner Bros.

October 31, 2025

Yahoo Finance Live: Daily Market Coverage – August 14, 2026 9AM-11AM (ET)

August 14, 2026

Paycheck-to-Paycheck And Can’t Tell Our Kids No

September 12, 2026

Inside Tesla’s Cybercab: no steering wheel, no pedals, no driver

September 12, 2026

How Much It Will Take To Challenge China’s Battery Dominance

September 12, 2026

The US Debt Bomb Is About To HIT Crypto!

September 12, 2026

LIVE FROM ANN ARBOR, MI FOR #11 OKLAHOMA VS MICHIGAN | Barstool College Football Show Week 2

September 12, 2026

Am I Obligated to Share My Estate with My Step Kids?

September 12, 2026
DeFi Daily

Stay updated with DeFi Daily, your trusted source for the latest news, insights, and analysis in finance and cryptocurrency. Explore breaking news, expert analysis, market data, and educational resources to navigate the world of decentralized finance.

  • About Us
  • Blogs
  • DeFi-IRA | Learn More.
  • Advertise with Us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2024 Defi Daily.
Defi Daily is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi-IRA
  • DeFi
    • NFT
    • Metaverse
    • Web 3
  • Finance
    • Business Finance
    • Personal Finance
  • Markets
    • Crypto Market
    • Stock Market
    • Analysis
  • Other News
    • World & US
    • Politics
    • Entertainment
    • Tech
    • Sports
    • Health
  • Videos

Copyright © 2024 Defi Daily.
Defi Daily is not responsible for the content of external sites.