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What to know: Polkadot rose as much as 6% as crypto markets rallied. The token broke through resistance at the $3.34 and $3.44 levels. Polkadot to hold an AMA on X on July 8. Polkadot's $DOT surged 6% higher amid a rally in crypto markets, with strong volume supporting a decisive breakout through resistance at the $3.34 and $3.44 levels. The model showed the price found strong support at $3.25 during the 01:00 hour with above-average volume, establishing a solid foundation for the subsequent rally. The move higher in DOT came amidst a wider rally in crypto markets, with the broader market gauge. Polkadot is also holding a live AMA (Ask me Anything) on X on July 8. In recent trading, DOT was 7.2% higher over 24 hours, trading around $3.57. Technical Analysis: DOT climbed from $3.34 to $3.57 in the last 24 hours The price found strong support at $3.25 during the 01:00 hour with above-average volume, establishing a solid foundation for the subsequent rally. A decisive breakout occurred during the 13:00-15:00 UTC period with exceptionally high volume (4.2M in the 15:00 hour alone), pushing DOT through previous resistance at $3.34. The most explosive price movement occurred between 16:04-16:06 UTC, where DOT jumped nearly 3.2% with exceptionally high volume (261K), breaking through key resistance at $3.44. Price action formed a clear uptrend channel with higher lows and higher highs, suggesting continued bullish momentum.

Google’s ChatGPT challenger Gemini AI predicts that XRP, Dogecoin, and Cardano could deliver impressive returns for investors as the markets head into the holiday season. Recent market behavior lends weight to this view. At the close of last month, Bitcoin set a new all-time high at $124,128, surpassing its earlier peak of $122,838 from just weeks earlier. The surge slowed, however, after the Bureau of Labor Statistics reported hotter-than-expected U.S. inflation figures for July. This week, the market is recapturing those recent gains. In the last 24 hours, crypto collectively rose 1.7% to a market cap of $4.06 trillion. On the regulatory side, President Trump signed the GENIUS Act, the first U.S. legislation dedicated to stablecoins, requiring full reserve backing. Meanwhile, the SEC unveiled Project Crypto, an initiative designed to modernize securities regulations and offer clearer compliance paths for blockchain companies. So, many market watchers believe altcoins and meme coins could stage a comeback reminiscent of 2021. Here’s how XRP, Dogecoin, and Cardano could fare. XRP (Ripple): Gemini AI Predicts a Potential 3× Rally, With $9 Within Reach Gemini AI projects that XRP ($XRP) could rise to $9 by late 2025, representing a threefold increase from its current price near $3. The token has already shown resilience, hitting $3.65 on July 18 and breaking above its 2018 high of $3.40 before retracing about 18% to its current level. Ripple’s global expansion continues to fuel optimism. In 2024, the UN Capital Development Fund endorsed XRP as a solution for cross-border payments in developing economies. Earlier this year, Ripple put its long-standing SEC battle to rest after the regulator formally dropped its lawsuit. This reaffirmed the 2023 court ruling that retail XRP transactions are not securities, a landmark moment for altcoins. According to Gemini AI, the baseline outlook for XRP sits between $3.30 and $5.50, with the possibility of a surge toward $9 if the Trump administration follows through with industry-friendly policies. Approval of U.S. spot XRP ETFs could also act as a major catalyst. Technical indicators look supportive: the RSI has been climbing from 54, suggesting strong buying pressure that could drive XRP toward $4 by October. Over the past 12 months, XRP has rallied 463%, vastly outperforming Bitcoin’s 101% and Ethereum’s 90%. Dogecoin ($DOGE): The First Meme Coin Still Holds Market Power Dogecoin ($DOGE), launched in 2013 as a lighthearted parody, has matured into a top-ten crypto with a market cap of over $37.4 billion in today’s $4 trillion market. Its endurance comes from a loyal community and its growing role as a payments option across platforms. Although DOGE’s price often mirrors Bitcoin’s movements, its large liquidity pool and passionate following have helped it survive multiple downturns. Currently trading near $0.2486, Dogecoin has doubled over the past year, outperforming Bitcoin, Ethereum, Shiba Inu, and Pepe. After peaking with an RSI of 80 in July, DOGE fell to near 40 during last month’s broader correction but has since rebounded to 63, indicating a resurgence in buying activity. While its size links it to broader market moves, DOGE remains known for sudden, outsized rallies. Chart watchers note repeated falling wedge formations, from November to April, again in mid-July, and most recently in August—all classic bullish signs. Gemini AI’s upper projection places DOGE at $0.40 by year-end, marking a 61% gain. Still, that falls short of the long-held “$1 Dogecoin” target that remains a rallying cry for the devoted Doge Army. Adoption is climbing steadily as well: Tesla accepts DOGE for certain merchandise, while platforms like PayPal and Revolut now support Dogecoin transfers. Cardano ($ADA): Eco-Friendly Blockchain Could Deliver 158% Gains, Says Gemini AI Cardano ($ADA) has surged 163% in the last year, outpacing Bitcoin, Ethereum, and Solana, ranking second only to XRP in intrayear growth among the top ten crypto projects. Driving this strength is growing interest in eco-conscious, scalable blockchain infrastructure, as well as momentum in stablecoins and real-world asset tokenization. Cardano even caught the attention of Donald Trump, who mentioned ADA in a Truth Social post tied to his proposed U.S. Strategic Crypto Reserve. While Bitcoin remains the centerpiece of the plan, ADA was floated as a possible addition, though only if sourced from government seizures rather than direct purchases. Founded by Charles Hoskinson, an Ethereum co-founder, Cardano has long been recognized for its Proof-of-Stake system, minimal energy usage, and academically rigorous research and development, all features attracting both institutions and retail users. Currently priced at $0.88 while capitalizing $32.1 billion of the market, Gemini AI suggests ADA could rise to $10 by 2026, a staggering 1,036% increase from today. That would still be more than triple its all-time high of $3.09, set in September 2021. From a technical perspective, ADA has been consolidating in a falling wedge since late 2024. A breakout above $1.10 could pave the way for ADA to hit Gemini’s more conservative $1.50 to $2.50 range by winter, while a bull run assisted by regulatory clarity in the US could propel it towards $5 or higher.

Ripple (XRP) edges closer to a breakout, trading around the critical $3.00 level on Thursday. The release of the United States (US) Consumer Price Index (CPI) data has triggered a spike in volatility in the broader cryptocurrency market, as investors focus on the Federal Reserve’s (Fed) interest rate decision anticipated next week. US inflation increases as focus remains on the Fed US consumer prices increased 0.4% MoM in August after rising 0.2% in July, according to the Bureau of Labor Statistics (BLS) report. On an annual basis, the CPI increased 2.9%, up from 2.7% posted in July. This was the highest reading since January, underscoring the impact of US President Donald Trump’s higher tariffs. The Core CPI, which accounts for all consumer items excluding the volatile food and energy prices, rose 0.3% in August, matching the increase in July. On an annual basis, the Core CPI rose 3.1%. US CPI data Fed officials pay close attention to the Core CPI to better gauge long-term trends. All eyes are now on the Federal Open Market Committee (FOMC), which is expected to release its decision on interest rates next Wednesday. Following the CPI report, expectations of a September 0.25 percentage point interest rate cut to the range of 4.00% to 4.25% dipped slightly from around 91% on Wednesday to 88.7% at the time of writing on Thursday, according to the CME Group’s FedWatch tool. Meanwhile, retail interest in $XRP remains relatively high compared to last week. CoinGlass data shows the XRP futures Open Interest (OI) averaging $8.15 billion on Thursday, up from $7.37 billion on Sunday. The rising OI trend suggests that investors have a strong conviction in XRP’s ability to sustain its recovery to the record high of $3.66 reached on July 18. Technical outlook: XRP$ upholds bullish case ahead of breakout XRP holds around the $3.00 pivotal level as traders quickly scope up short-term dips toward the 50-day Exponential Moving Average (EMA) at $2.91. Still, upside movement lacks the catalyst to extend the up leg toward the next hurdle at $3.35, which was previously tested in mid-August. Despite the lack of a strong tailwind to drive XRP’s next recovery phase, its bullish case remains intact, buoyed by a buy signal maintained by the Moving Average Convergence Divergence (MACD) indicator since Monday. Traders tend to increase their exposure with the MACD line in blue holding above the red signal line. The steady upward movement in the Relative Strength Index (RSI) at 54 indicates bullish momentum as selling pressure declines. XRP/USDT daily chart Higher RSI readings, approaching overbought territory, would underpin the steady increase in buying pressure backing retail demand for XRP. Still, traders should be cautious and watch out for sustained pullbacks below the 50-day EMA support at $2.91.

U.S. CPI $ROSE a Faster-Than-Expected 0.4% in August; Core Rate in Line