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Time of India
2 hours ago
- Business
- Time of India
XRP price prediction: XRP jumps 3.14% today — can Ripple's token finally break $3 or fall back to $2.60 this week as key breakout looms?
XRP price prediction: XRP jumps +3.14% today —Can XRP Break Past $3 or Is a Pullback Inevitable?- Ripple (XRP) price prediction is once again in focus as buyers made a strong comeback, pushing XRP to the key psychological level of $3 earlier this week. This sharp 30% rally from $2.3 to $3 has revived investor interest in the token, which is now hovering just below its critical resistance zone. With the weekly MACD flipping bullish for the first time in months, all eyes are now on whether XRP can finally break through and aim for new highs — or if a reversal is around the corner. What's XRP's current price and trend today? As of today, XRP is trading around $2.96 , up slightly on the day. The token has been making higher lows all week, a bullish signal that suggests momentum is building. But there's one major obstacle in the way— the $3 resistance zone . 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Ripple's recent rally was fueled by a significant spike in buy volume. Within just a few days, XRP jumped from $2.3 to $3, marking a 30% increase in value. This rally brought the token to its highest price level since March. Traders and long-term holders rushed in, expecting a breakout above $3 — a level that has historically acted as both resistance and a turning point. The buying momentum came after optimism grew around Ripple's ongoing legal clarity, increased network activity, and broader crypto market support. However, despite reaching $3, XRP faced strong selling pressure shortly after and has since slipped below this key level. Live Events Will XRP break out above $3 this week? Short answer: it's possible, but not guaranteed. Resistance zone: XRP needs to break and hold above $2.93–$3.00 to signal a proper breakout. So far, it's struggled here. Support range: On the downside, $2.85 has acted as a strong support level, and if that fails, the next key level to watch is $2.60 . Bullish catalysts: A big driver this week is the upcoming launch of the ProShares XRP Futures ETF , expected on July 18 . On top of that, Ripple is pushing for a U.S. bank charter, and regulatory clarity is improving. What are the key support and resistance levels for XRP now? The current support level for XRP stands at $2.6, which is likely to act as the first buffer if prices fall further. On the upside, the key resistance remains at $3, with the next major hurdle at $3.4. If XRP can convincingly break above $3, the next target is around $3.6, which would mark a new all-time high. However, if XRP fails to reclaim $3 soon, the momentum could weaken, and sellers may take over. The $2.6 zone becomes even more important in that scenario to avoid a deeper correction. Is XRP getting ready for a bigger breakout? There are signs that Ripple might be gearing up for another leg higher. Most notably, the weekly MACD (Moving Average Convergence Divergence) has turned bullish, a development that usually indicates a trend shift or the beginning of a stronger rally. This bullish signal comes at a time when many cryptocurrencies are finding renewed strength amid improving market sentiment. A MACD crossover on the weekly chart often precedes medium to long-term price rallies. So even though XRP is facing resistance right now, the momentum could push it through in the coming days. Could Ripple (XRP) hit a new all-time high soon? If XRP manages to break past $3 and hold that level, the next immediate price target is $3.4. After that, traders are eyeing $3.6 — which would be a new all-time high for the token. A sustained move above $3 would likely trigger more buying interest from institutional and retail investors alike, especially given the renewed confidence in XRP's technical structure. On the flip side, any rejection at this level could lead to a short-term correction, with XRP possibly dipping to the $2.6 support zone before attempting another move upward. What's the XRP price forecast for the short term? Over the next 7 to 14 days, here's what we're seeing: Most analysts expect consolidation around the $2.90–$3.00 range until the ETF officially launches. Bull case: If XRP closes above $3 with strong volume, price targets around $3.40 are next. Bear case: If it gets rejected again, a dip back to $2.60–$2.70 could play out. According to CoinCodex models, XRP is likely to stay near $2.93–$2.94 heading into late July, unless a major catalyst shifts momentum. What should XRP holders and traders watch this week? For those watching XRP closely, this week is crucial. The $3 level continues to act as a decision point. Breaking above it could bring in significant upside, while failure could cause the price to retreat toward $2.6 or lower. Key things to monitor include: Price action around $3 resistance Buy/sell volume in the next 48–72 hours MACD momentum and crossover confirmation Overall market sentiment and Bitcoin movement Traders should also stay alert for any Ripple-related news, especially around adoption, legal clarity, or partnerships, as these tend to have a direct impact on short-term price trends. What about the long-term prediction for XRP? Looking ahead to the rest of 2025 and beyond: By the end of 2025: Some crypto analysts see XRP hitting $4 to $5 , especially if institutional money continues flowing in through ETFs and the legal/regulatory path clears up. Over the next decade: Platforms like project that XRP could triple in value from current levels, driven by real-world adoption, bank integrations, and tokenization trends. There's growing belief that XRP could become a major player in the financial ecosystem—especially if Ripple secures its U.S. bank charter and continues expanding in global payment corridors. Is XRP ready to explode? XRP is definitely on the edge of a potential breakout. With bullish catalysts like the ETF launch and Ripple's push into regulated banking, the momentum is there—but it needs confirmation. For now, $3 remains the key battleground . A clean close above that level could set XRP on a fast track toward new highs. But if the bulls can't push through, we might see a short-term pullback to $2.70 or even $2.60 . Ripple (XRP) price prediction for this week is hanging in the balance. A strong surge brought XRP to $3, but resistance is proving tough. The weekly MACD turning bullish is a big positive, and if momentum holds, we may see XRP not only retest $3 but break through toward $3.4 and even $3.6. However, if sellers dominate, support at $2.6 becomes the key to watch. As always in crypto, the next few days could make all the difference. Stay tuned. FAQs: Q1: What is the latest Ripple (XRP) price prediction for this week? Ripple (XRP) may break past $3 or drop to $2.6 based on current momentum. Q2: Can XRP hit a new all-time high soon? Yes, if it breaks $3, XRP could rise to $3.4 and possibly $3.6.
Economic Times
7 hours ago
- Business
- Economic Times
Paytm shares cross Rs 1,000 mark, rise 3% amid high volume
Paytm shares crossed Rs 1,000 mark amid strong trading activity. Synopsis Paytm shares: As of June 30, 2025, foreign institutional investors (FIIs) held a 54.9% stake in Paytm, mutual funds owned 13.9%, public shareholders held 29.3%, and the remaining 2% was held by other investors. Shares of One 97 Communications (Paytm) jumped nearly 3% to Rs 1,014.30 in Wednesday's trade on the NSE, crossing the Rs 1,000 mark amid strong trading activity. Around 23.3 lakh shares worth Rs 234.6 crore changed hands during the session. ADVERTISEMENT As of 30 June 2025, foreign institutional investors (FIIs) held a 54.9% stake in Paytm, mutual funds owned 13.9%, the public held 29.3%, and the remaining 2% was with other investors. Paytm's parent company, One97 Communications, posted a consolidated net loss of Rs 540 crore in Q4FY25, slightly lower than the Rs 550 crore loss in the same quarter last year. Revenue from operations declined 16% year-on-year to Rs 1,912 crore in Q4FY25 from Rs 2,267 crore a year ago. On a sequential basis, net loss widened from Rs 208 crore in Q3FY25, while revenue rose 5% from Rs 1,828 to Trendlyne, the average target price for Paytm stands at Rs 958, suggesting a potential downside of nearly 5% from current levels. Of the 17 analysts covering the stock, the consensus rating remains 'Hold'. ADVERTISEMENT Technically, Paytm shares are showing strong bullish momentum. The Relative Strength Index (RSI) is at 69.9, close to the overbought zone of 70, while the MACD is at 12.1 and remains above its center and signal lines—another bullish indicator. The stock is currently trading above all key moving averages—5-day, 10-day, 20-day, 30-day, 50-day, 100-day, 150-day, and 200-day—reinforcing the strength of the ongoing uptrend. ADVERTISEMENT Year-to-date, Paytm shares are up just 2%, but the stock has delivered an impressive 120% gain over the past 12 months. Its current market capitalisation stands at Rs 64,193 crore. ADVERTISEMENT (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times) (You can now subscribe to our ETMarkets WhatsApp channel) Nikita Papers IPO opens on May 27, price band set at Rs 95-104 per share Nikita Papers IPO opens on May 27, price band set at Rs 95-104 per share Why gold prices could surpass $4,000: JP Morgan's bullish outlook explained Why gold prices could surpass $4,000: JP Morgan's bullish outlook explained Cyient shares fall over 9% after Q4 profit declines, core business underperforms Cyient shares fall over 9% after Q4 profit declines, core business underperforms L&T Technology Services shares slide 7% after Q4 profit dips L&T Technology Services shares slide 7% after Q4 profit dips Trump-Powell standoff puts U.S. Rate policy in crosshairs: Who will blink first? Trump-Powell standoff puts U.S. Rate policy in crosshairs: Who will blink first? SEBI warns of securities market frauds via YouTube, Facebook, X and more SEBI warns of securities market frauds via YouTube, Facebook, X and more API Trading for All: Pi42 CTO Satish Mishra on How Pi42 is Empowering Retail Traders API Trading for All: Pi42 CTO Satish Mishra on How Pi42 is Empowering Retail Traders Security, transparency, and innovation: What sets Pi42 apart in crypto trading Security, transparency, and innovation: What sets Pi42 apart in crypto trading Bitcoin, Ethereum, or Altcoins? How investors are structuring their crypto portfolios, Avinash Shekhar explains Bitcoin, Ethereum, or Altcoins? How investors are structuring their crypto portfolios, Avinash Shekhar explains The rise of Crypto Futures in India: Leverage, tax efficiency, and market maturity, Avinash Shekhar of Pi42 explains NEXT STORY
Time of India
8 hours ago
- Business
- Time of India
Paytm shares cross Rs 1,000 mark, rise 3% amid high volume
Paytm shares: As of June 30, 2025, foreign institutional investors (FIIs) held a 54.9% stake in Paytm, mutual funds owned 13.9%, public shareholders held 29.3%, and the remaining 2% was held by other investors. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Paytm shares performance Shares of One 97 Communications Paytm ) jumped nearly 3% to Rs 1,014.30 in Wednesday's trade on the NSE, crossing the Rs 1,000 mark amid strong trading activity. Around 23.3 lakh shares worth Rs 234.6 crore changed hands during the of 30 June 2025, foreign institutional investors (FIIs) held a 54.9% stake in Paytm, mutual funds owned 13.9%, the public held 29.3%, and the remaining 2% was with other parent company, One97 Communications, posted a consolidated net loss of Rs 540 crore in Q4FY25, slightly lower than the Rs 550 crore loss in the same quarter last from operations declined 16% year-on-year to Rs 1,912 crore in Q4FY25 from Rs 2,267 crore a year ago. On a sequential basis, net loss widened from Rs 208 crore in Q3FY25, while revenue rose 5% from Rs 1,828 to Trendlyne, the average target price for Paytm stands at Rs 958, suggesting a potential downside of nearly 5% from current levels. Of the 17 analysts covering the stock, the consensus rating remains 'Hold'.Technically, Paytm shares are showing strong bullish momentum. The Relative Strength Index (RSI) is at 69.9, close to the overbought zone of 70, while the MACD is at 12.1 and remains above its center and signal lines—another bullish stock is currently trading above all key moving averages—5-day, 10-day, 20-day, 30-day, 50-day, 100-day, 150-day, and 200-day—reinforcing the strength of the ongoing Paytm shares are up just 2%, but the stock has delivered an impressive 120% gain over the past 12 months. Its current market capitalisation stands at Rs 64,193 crore.: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
Mint
15 hours ago
- Business
- Mint
MarketSmith India's best stock recommendations for today, 16 July
On Tuesday, 15 July, the Nifty 50 gained 0.45% supported by a sharp drop in retail inflation to 2.10% in June—the lowest since January 2019—and raising hopes for potential rate cuts. Positive global cues and optimism around renewed US-India trade discussions further bolstered sentiment. Technically, the index triggered fresh buying interest and helped reverse Monday's losses. Gains were broad-based, with support from auto, FMCG, and banking stocks, indicating renewed investor confidence amid improving macro and trade developments. Here are two stock recommendations by MarketSmith India for 16 July: Buy: Hero MotoCorp (Current price: ₹4,454) Buy: Aeroflex Industries Ltd (Current price: ₹214.83) How the Nifty 50 performed on 15 July On Tuesday, the benchmark Nifty 50 index reversed its recent corrective trend, finding support near 25,000. After a flat opening, the index maintained a positive trajectory throughout the session and formed a bullish candlestick on the daily chart with a 'higher-high and higher-low' price structure. Gains were broad-based, with all sectoral indices and broader market segments closing in the green. The rally was primarily driven by banking/financials, auto, pharma, FMCG, and realty stocks. As a result, market breadth improved significantly, with the advance-decline ratio settling at 2:1. Despite Tuesday's recovery, the Nifty 50 continued to trade below its 21-DMA, suggesting near-term caution. On the daily timeframe, the relative strength index (RSI) has turned upward and is now approaching 51, indicating a mild improvement in momentum. However, the daily MACD continues to trend with a negative crossover above the zero line, reflecting the absence of strong bullish confirmation. According to O'Neil's methodology of market direction, Nifty reclaimed its recent high of 25,116. Hence, the market status has been upgraded to a 'Confirmed Uptrend' as of 11 June. On the downside, 25,000-24,900 remains a critical support area. For the Nifty to regain bullish momentum, a decisive breakout and sustained close above 25,300 is essential. Sustained trading above 25,300 could potentially open the path toward the 25,600-25,700 resistance zone in the coming sessions. How did Nifty Bank perform On Tuesday, the Nifty Bank index resumed its upward trajectory, gaining approximately 0.43% and forming a bullish candlestick on the daily chart. The index reclaimed 57,000, recovering from recent declines. The positive momentum was primarily driven by heavyweight constituents such as HDFC Bank, ICICI Bank, and State Bank of India, while Kotak Bank and Axis Bank ended the session in negative territory. A sustained move above the critical 57,000 level could strengthen the bullish bias and potentially drive the Nifty Bank index towards 57,200, with an extended upside target near 57,500 in the near term. However, failure to hold above 57,000 may lead to a volatile trend. On the downside, strong support is expected around 56,600-56,500, which may act as a cushion against short-term declines. The FINNIFTY index also reflected signs of recovery, closing with a 0.47% gain, supported by renewed buying interest across key financial stocks. The index found support near its 21-DMA and regained bullish momentum, reflecting a potential shift in short-term sentiment. On the daily chart, the relative strength index (RSI) has turned upward, indicating improving momentum. However, the MACD continues to display a negative crossover, albeit trending above the zero line, suggesting that a clear bullish confirmation is yet to emerge. As per O'Neil's methodology of market direction, Bank Nifty remains a 'Confirmed Uptrend', a trend it has sustained over the past few weeks. MarketSmith India is a stock research platform and advisory service focused on the Indian stock market. Trade name: William O'Neil India Pvt. Ltd. (Sebi Registered Research Analyst Registration No.: INH000015543) Disclaimer: The views and recommendations given in this article are those of individual analysts. These do not represent the views of Mint. We advise investors to check with certified experts before making any investment decisions.
Yahoo
17 hours ago
- Business
- Yahoo
Treasury Bonds Just Hit 4-Week Lows. How Much Lower Can They Go?
September U.S. T-Bond futures (ZBU25) present a selling opportunity on more price weakness. See on the daily bar chart for September U.S. Treasury bond futures that prices are now starting to trend lower and have just hit a four-week low. See, too, at the bottom of the chart that the moving average convergence divergence (MACD) indicator is in a bearish posture and has recently produced a bearish line crossover signal, whereby the red MACD line has moved below the blue trigger line. Both lines are also trending down. Shopify Stock is a Bargain - How to Make a 3.2% One-Month Yield with SHOP Tariffs, Inflation and Other Key Things to Watch this Week Stocks Set to Open Lower as Trump Ratchets Up Tariff Threats, U.S. Inflation Data and Big Bank Earnings Awaited Stop Missing Market Moves: Get the FREE Barchart Brief – your midday dose of stock movers, trending sectors, and actionable trade ideas, delivered right to your inbox. Sign Up Now! Fundamentally, the U.S. economy is in pretty good shape, as seen by recent more upbeat U.S. economic data. The Federal Reserve also thinks U.S. inflation remains sticky. Both of these factors are likely to limit the ability of the Federal Reserve to lower interest rates. These elements are also U.S. bond-market bearish. Rising U.S. trade tariff threats have only added to worries about rising inflation. A move in September U.S. T-Bond futures prices below chart support at 112 16/32 would become a selling opportunity. The downside price objective would be 108 even, or below. Technical resistance, for which to place a protective buy stop just above, is located at 114 16/32. IMPORTANT NOTE: I am not a futures broker and do not manage any trading accounts other than my own personal account. It is my goal to point out to you potential trading opportunities. However, it is up to you to: (1) decide when and if you want to initiate any trades and (2) determine the size of any trades you may initiate. Any trades I discuss are hypothetical in nature. Here is what the Commodity Futures Trading Commission (CFTC) has said about futures trading (and I agree 100%): Trading commodity futures and options is not for everyone. IT IS A VOLATILE, COMPLEX AND RISKY BUSINESS. Before you invest any money in futures or options contracts, you should consider your financial experience, goals and financial resources, and know how much you can afford to lose above and beyond your initial payment to a broker. You should understand commodity futures and options contracts and your obligations in entering into those contracts. You should understand your exposure to risk and other aspects of trading by thoroughly reviewing the risk disclosure documents your broker is required to give you. On the date of publication, Jim Wyckoff did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on
