Crypto’s Wild Ride: XLM, XRP & BTC 😬

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XLM could become a ‘rock star’: Peter Brandt

Oh, so now Stellar (XLM) gets to be a rock star? About time. Someone’s finally noticed it hasn’t been just awkwardly standing in XRP’s shadow. Veteran trader Peter Brandt seems to think it’s about to have a ‘moment’. Bless him.

  • Symmetrical triangle. Target price: $1.51, if it actually bothers to break out. 🙄

Apparently, XLM is doing this whole symmetrical triangle thing. Honestly, charts are mostly just pretty lines people invent to justify their gut feelings, aren’t they? But, fine, the token’s inching towards a line, so… potentially exciting? Maybe? Don’t quit your day job.

  • New leader. XLM outperformed XRP in July rally.

XLM actually did better than XRP in July. Which, I mean, is a bit like being the slightly less disastrous contestant on a reality TV show. They’re both kinda linked to Jed McCaleb, the guy who’s basically a crypto nomad. It’s all very… interconnected. 🤷‍♀️

August: historically a tough month for Bitcoin

Bitcoin’s worst month is looming. Four days until we collectively hold our breath and see if BTC can defy its past, or just… you know… gently decline. Will it break the August curse? I’ve got a fiver on “decline”.

  • Price history. BTC has closed August in the green only 4 times in the last 13 years.

August and Bitcoin? It’s not a love story. More like a really awkward blind date that always ends with someone paying the bill and pretending they had a good time. Over the last 13 years, it’s only been green four times. That’s… statistically depressing. 📉

  • 8.5% return. Despite recent strength, August remains historically a bit of a downer.

CryptoRank says the average return is -8.3%. Ouch. Even in “good” years, like 2022 and 2023, it still dipped. Shocker. But hey, Bitcoin did have a little summer glow-up, gaining 30% in Q2 and 10.3% in July. So, maybe, just maybe… Don’t bet the house on it.

XRP reloading for next move 

Bollinger Bands say XRP might actually do something interesting. Or not. I mean, they’re just lines.
  • After the rally. XRP has cooled to $3.17.

XRP had its little party, almost hit $3.70, then… cooled off. Like a teenager after too much sugar. But, apparently, this “cooling” is actually good? The Bollinger Bands are doing a thing. They’re painting a picture. A blurry, ambiguous picture, but a picture nonetheless. 🎨

It’s currently at $3.17, which, according to someone who understands charts, means it’s “reloading”. I’m assuming that involves tiny crypto arms pumping miniature weights.

  • Upward momentum. Price is hovering near the 20-day moving average

That middle line? That’s the “heartbeat”. Apparently, if the price stays above it after a rally, good things happen. The upper band’s expanded to $3.79. Which, if you ask me, is just showing off. Let’s see if it can actually *get* there. I’ll be over here, skeptically sipping my tea. ☕

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2025-07-29 06:42