Crypto Price Prediction Today 29 July – XRP, Cardano, Shiba Inu

The original crypto, Bitcoin, recently soared to a record-breaking all-time high price of $122,838 a fortnight ago, spurring a steady period of accumulation across the market.

Although it has since retracted by approximately 3.4%, enthusiasm remains high as Bitcoin continues to hover at elevated levels, suggesting another potential breakout could be on the horizon.

Bitcoin’s performance over the last few months has also propelled several major altcoins and the best meme tokens upward. Over the last year, assets such as XRP, TRON, Sui Network, Solana, Pepe, Trump, SPX6900, and FartCoin have each reached unprecedented price levels, reinforcing the notion of a broader market rally incoming.

As investor expectations grow for a sustained bull market, attention is increasingly turning to assets set to surpass their previous peak values.

Ripple’s XRP token achieved a fresh milestone on July 18, reaching $3.65—eclipsing its prior 2018 peak of $3.40.

Though now trading at around $3.14—a 13.7% decrease from its record high—XRP still posts a 43% increase in the last thirty days. The coin now appears to be entering a consolidation range, but continued investor enthusiasm hints at the possibility of renewed upward movement.

XRP has attracted considerable institutional backing due to its rapid transaction finality, negligible fees, and efficient cross-border capabilities without the need for intermediaries. Even international institutions such as the United Nations have taken an interest.

After years of legal contention, Ripple secured a landmark judicial decision in 2023 when a U.S. court determined that XRP’s retail offerings did not constitute securities sales. By 2025, with the SEC closing its case, legal clarity will have helped reinforce investor confidence in the asset.

This clearer regulatory environment has triggered strong capital inflows into XRP, pushing its value up by over 417% yearly, well beyond Bitcoin’s 71% gain in the same period.

XRP’s Relative Strength Index (RSI) has dropped from an overheated 86 at the beginning of last week to 58 now, reflecting increased sell momentum. Following its impressive recent surge, investors appear to be locking in profits, which may lead to extended selling into the weekend, creating a potential accumulation zone.

In the last 24 hours, XRP has declined by 3.1% as the wider market dips 5.2%. It could continue to slide until the RSI approaches a neutral 50. Still, downside risk seems limited as strong psychological support is emerging around the former resistance level at $3.

A bullish flag pattern that formed from late 2024 through early April suggests the potential for another rally, possibly pushing XRP toward $4 by this fall.

Interest in Cardano ($ADA) has intensified, as evidenced by a 41% climb over the last two weeks. This upward momentum is underpinned by favorable technical indicators and increased institutional interest. Alongside XRP and Solana, ADA was even cited by President Donald Trump as a potential asset for inclusion in a proposed U.S. Bitcoin reserve.

Launched in 2014 by Ethereum co-founder Charles Hoskinson, Cardano is known for its rigorous academic development framework and eco-conscious Proof-of-Stake (PoS) consensus mechanism—an innovation that influenced Ethereum’s own evolution away from energy-intensive mining.

With a current valuation of over $28.7 billion, ADA would need to triple in value to surpass Solana and position itself as Ethereum’s biggest contender.

Over the last fortnight, ADA has posted a 9% increase—outperforming Bitcoin, which failed to make any gains in that span.

Technical forecasts suggest ADA could rise from its current price of $0.795 to roughly $1.50 by mid-year. The most bullish projections anticipate a return to its all-time high of $3.09 from September 2021—a near 300% increase from current levels.

Recent chart patterns reveal a bullish flag, hinting at further upside. However, ADA’s RSI has cooled from a peak of 85 down to 56, signaling that many investors have been consistently cashing out from its recent upward price action, and they will likely accumulate again soon.

Resistance is currently pegged around $1.15, with firm support expected in the $0.85 to $0.90 range.

Shiba Inu ($SHIB), launched in August 2020, has grown to become the second-largest meme coin after Dogecoin, amassing a market cap nearing $8 billion.

SHIB has dipped just 6% over the past 24 hours—in line with a 6% dip in the collective market cap of the meme coin sector, which now stands at a valuation of $78.3 billion—and is currently trading at approximately $0.00001337.

The token appears poised for another substantial upward move. Analysing the token’s support and resistance lines over the last year, we see two highly bullish formations—a descending wedge from November to March and a bullish flag forming since mid-May—indicating continued upward potential.

If SHIB breaks through its key resistance near $0.000022 amid positive market sentiment, analysts believe a rally toward $0.00003 could be achieved before summer’s end. In a full-blown bull market, projections suggest SHIB could hit anywhere from $0.00006 to $0.00009 by year-end.

Unlike many meme coins, SHIB offers functional utility through Shibarium—its Layer-2 Ethereum solution that improves scalability, transaction speed, and fee efficiency.

For investors aiming to spot high-potential projects early, new and emerging tokens often provide the most dramatic upside. While legacy altcoins gain traction, fresh entrants offer fertile ground for discovery.

One notable project is Snorter ($SNORT), a meme-inspired trading bot token launched on Solana, with upcoming cross-chain capabilities. Designed to operate via Telegram, Snorter delivers real-time market intelligence directly within group chats.

Charging just 0.85% per trade, Snorter competes with platforms such as BonkBot, Maestro, and Trojan. Its offerings include MEV-resistant swaps, copy trading, rug pull alerts, and limit order automation—making it a comprehensive toolkit for digital asset traders.

Investor enthusiasm has been strong, with the project securing over $2.5 million in its presale. Snorter’s staking feature boasts yields up to 166% APY, rewarding early adopters. With token pricing still just under $0.10 and set to increase nominally through each presale phase, early participation is incentivized.

Whether you’re a veteran crypto trader or just exploring the meme coin space, Snorter seeks to provide a powerful yet accessible platform tailored to today’s fast-evolving market dynamics.

Keep up with Snorter on X, Instagram, or join the presale on the Snorter website.

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