- Bitcoin rebounds to $109K after Trump delays EU tariffs, calming global markets.
- Ethereum nears breakout as a bullish inverse head-and-shoulders pattern forms.
- XRP surges on real estate tokenization deal with Dubai Land Department.
Bitcoin (BTC) rebounded sharply to $109,600 in late Sunday trading, finding fresh momentum after President Donald Trump announced a delay in imposing a proposed 50% tariff on European Union goods. The delay, now pushed to July 9, gives both the U.S. and EU more breathing room to finalize a trade deal, significantly reducing some of the near-term pressure that had been weighing on markets.
This welcome reprieve has had ripple effects across traditional and crypto markets alike, with equity futures trending higher–S&P 500 up 0.9%, Nasdaq-100 gaining 1%.
Ethereum (ETH) Breakout Pattern Targets $3,000 Mark, Says Analyst
Ethereum is currently trading at $2,570 after gaining 2.34% in the past 24 hours. The rise comes amid a 17% uptick in trading volume and growing interest from technical analysts.
According to crypto analyst Ted Pillows, ETH is forming an inverse head-and-shoulders pattern on the 12-hour chart, often a precursor to significant upward movement.
Pillows noted that the critical “neckline” for this pattern sits at the $2,700 mark, a level that has recently rejected Ethereum’s price advances twice. A decisive breakout above this $2,700 level, he suggests, could propel ETH up towards the $3,000 psychological milestone, which would mark an impressive 17.4% rally from its current levels.
XRP Gains Traction with Major Real-World Tokenization Deal in Dubai
Meanwhile, XRP is trading at $2.34, with its daily volume pushing past the $2 billion mark. The token is getting a significant boost from a major real-world adoption milestone.
A firm named Ctrl Alt, working in collaboration with the Dubai Land Department and the Virtual Assets Regulatory Authority (VARA), has just launched a groundbreaking tokenization initiative that heavily utilizes the XRP Ledger.
This project enables fractional real estate ownership in Dubai through the PRYPCO Mint platform. It allows investors to co-own prime Dubai properties starting with investments as low as just AED 2,000.
This ambitious move not only underscores XRP’s growing utility in the asset tokenization space but also aligns perfectly with Dubai’s ambitious strategy to build out a $16 billion tokenized property market by 2033. This development shows XRP gets real-world use cases.
Solana (SOL) Technicals Scream Bullish as Moving Averages Converge
Solana is holding firm around the $170–$180 range, with technical signals flashing green for a potential breakout. The convergence of its 50-day, 100-day, and 200-day exponential moving averages–just below current prices–is a textbook setup for explosive moves.
Volume trends suggest investor confidence, as steady accumulation has followed a sharp May rally from $130. The RSI remains balanced in the mid-50s, giving Solana ample room for upside. A confirmed breakout above $180 could validate a new bullish phase, with $185 being the immediate resistance to watch.
Meme Coins PEPE, Dogecoin Also Capture Trader Interest
Meme coin PEPE is up nearly 3% on the day, currently trading at $0.00001412. Its RSI of 61.48 suggests modest bullish momentum without yet entering overbought territory. Bollinger Bands indicate a potential trading range between $0.00001030 and $0.00001605.
While PEPE lacks the structural catalysts of larger assets, it remains popular among high-risk traders seeking quick gains in volatile microcap markets.
Dogecoin continues to capture speculative interest thanks to a bullish long-term projection by popular analyst Bitcoinsensus, who suggests DOGE could reach $0.95 by late 2025. Based on historic price waves and weekly chart patterns, the forecast is fueling renewed enthusiasm among meme coin traders.
While current trading levels remain far below that target, the psychological magnetism of a potential return to all-time highs is keeping DOGE firmly in the spotlight.
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