Why Crypto Market Is Up Today? Bitcoin Price Today, XRP News, Ethereum Price, MSTR Stock

Bitcoin is currently testing a critical resistance zone between $119K and $120K. A successful breakout above this level could open the floodgates for a rapid move toward the $135K–$140K range, according to market analysts. However, if BTC faces rejection, a short-term pullback to the $114K–$115K region is possible before any further upward move. With bullish momentum still strong and institutional demand on the rise, all eyes are on this key price level. A decisive break above $120K could confirm the next leg of Bitcoin’s ongoing bull run.

Stellar (XLM) has surged 120% in just a month, igniting speculation about a massive altcoin rally. The breakout follows a clean rebound from the critical 0.618 Fibonacci zone around $0.19, a level often seen as a launchpad in technical analysis. Now trading near $0.58, XLM is testing a key resistance. If it breaks above, analysts suggest a potential run toward $2–$5 this cycle, marking a possible 10x return. With altcoin momentum heating up and bullish sentiment returning, Stellar is emerging as a strong contender for one of 2025’s top-performing assets.

A prominent crypto analyst who accurately predicted Bitcoin’s surge to $120K says the rally is ahead of schedule. The original projection targeted the $118K+ range between late August and September. With BTC already in this price zone by mid-July, the analyst believes Bitcoin now has a 2–3 month window to climb higher, unless a consolidation range forms. Citing historical cycle fractals, they still expect Q4 2025 to mark the bull cycle’s end, though the final peak could surpass earlier targets. The early breakout may signal stronger upside potential as the market continues defying timelines.

XRP is showing signs of a massive breakout after bouncing off the neckline of a 7-year-old Double Bottom/Ascending Triangle pattern on the 2-week chart. Analysts suggest this technical setup could push XRP parabolically toward a conservative target of $38. In a previous, less significant breakout, XRP surged 2x past its parabolic target, fueling hopes of a similar rally. With Bitcoin at all-time highs and altcoin momentum returning, XRP may be gearing up for a historic bull run. The breakout marks a key moment for XRP holders, as technical and market signals align for potential explosive growth ahead.