Binance Traders Bullish on XRP as Elliott Wave Analysis Points to $10-$15 Surge

XRP is experiencing a significant bullish momentum, with 73% of Binance's top traders taking long positions, resulting in a notable 2.70 long/short ratio—a level unseen in weeks. Technical analysis, particularly the Elliott Wave Theory, suggests that XRP could be entering Wave 3, a phase often associated with strong upward movements. This wave has the potential to propel the token toward the $10-$15 range, with interim resistance levels identified at $4.12, $5.31, and $6.16. The cryptocurrency has already broken through the $3.23 resistance level, surging 2.5% to $3.30, driven by robust trading volume and increasing institutional demand. As of July 30, 2025, the market sentiment around XRP remains highly optimistic, with traders and analysts closely monitoring these developments for further confirmation of the bullish trend.

XRP Bulls Charge as Elliott Wave Analysis Predicts $10-$15 Surge

XRP's bullish momentum intensifies as 73% of Binance's top traders take long positions, creating a 2.70 long/short ratio unseen in weeks. Technical charts suggest a Wave 3 Elliott pattern could propel the token toward $10-$15, with interim targets at $4.12, $5.31, and $6.16.

The cryptocurrency broke through the $3.23 resistance level with a 2.5% surge to $3.30, fueled by robust trading volume and institutional demand. Fibonacci extensions reveal multiple profit-taking zones, including an aggressive $13.59 target if Wave V materializes. Analysts now watch the $3.31 threshold—a breach could open the path to $3.50-$3.66.

Higher lows and broken resistances mark what chartists identify as Wave 3's early stages—traditionally the most powerful phase of Elliott cycles. Exponential moving averages slope upward, confirming buyer dominance. 'This isn't just trader enthusiasm—it's textbook technical confirmation,' observes analyst XRPunkie.

BNB Surges 6% as Investors Explore BTC Miner Cloud Mining

Binance Coin (BNB) led the crypto market with a 6.17% rally, climbing from $794.70 to $843.77, while Bitcoin maintained its position above $119,000 and Ethereum hovered near $3,900. Amidst the volatility, savvy investors are quietly shifting focus to BTC Miner's cloud mining contracts, which offer daily returns of up to 7%, decoupled from spot market fluctuations.

BTC Miner simplifies cryptocurrency mining by eliminating hardware hassles. Users can register with an email, claim a $500 trial credit, and select from flexible contract options tailored to their investment goals. The platform supports multiple assets, including USDT, BTC, ETH, and BNB, ensuring global accessibility.

The appeal lies in predictable yields, mobile app convenience, and transparent operations. With one-click activation and 24/7 monitoring, BTC Miner caters to investors seeking stability in a turbulent market.

Binance to Launch PlaysOut (PLAY) Trading on July 31 With Airdrop

Binance will list PlaysOut (PLAY) on its Alpha platform starting July 31, 2025, at 08:00 UTC, followed by the introduction of a PLAYUSDT Perpetual Contract on Binance Futures at 09:30 UTC. The contract will offer up to 50x leverage, marking Binance as the first exchange to support PLAY across both spot and derivatives markets.

PlaysOut is a mini-game infrastructure platform compatible with WeChat and TikTok, focusing on modular game systems for super-apps. To celebrate the launch, Binance is conducting an airdrop for eligible users, redeemable with Binance Alpha Points between July 31 and August 1.

The PLAYUSDT Perpetual Contract will settle in USDT, feature 24/7 trading, and have a maximum funding rate of ±2.00%, with fees settled every four hours.

BNB Price Rally Sparks Investor Interest in Low-Cap Altcoins Like Remittix

Binance Coin (BNB) surged 6.73% to $850.65 amid bullish market sentiment, with trading volume spiking 97% to $3.76 billion. The rally has reignited predictions of BNB reaching $1,000, fueled by Binance's global expansion and dominant market position.

Yet a growing contingent of investors is diversifying into low-capacity altcoins with tangible utility. Remittix (RTX), a DeFi project focused on cross-border payments, is gaining traction ahead of its Q3 wallet beta launch. The token's real-world use case and technical infrastructure are drawing attention from both retail and institutional players.

Market dynamics suggest a bifurcation in crypto investment strategies: established tokens like BNB offer stability, while emerging projects like Remittix present higher growth potential. This shift reflects broader industry trends favoring blockchain solutions with practical applications beyond speculative trading.