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EURUSD
Geopolitics more than technical dominating to start the week with EURUSD backing off as longs taken in the hope of a Ukraine-Russia ceasefire unwind.
With that said, all we have to look at are charts ahead of the Zelensky Trump meeting are charts
EURUSD hit a wall at 1.1715
1.1671 blocks 1.1646-50 and 1.1631 and 1.1590
On the upside, 1.1715 blocks 1.1724. 1.1730
Surprise would be if Zelensky caves in to Russian demand but any glimmer of a willingness to compromise would be a positive.
EURUSD 1 HOUR CHART
Using my platform as a HEATMAP shows,,,
.. the dollar trading mixed in a cautious start to the week awaiting the meeting between Zelensky (plus European and UK leaders and Trump to discuss Russia’s proposal to end the war. EUR us an underperformer as some longs taken in hope for a ceasefire unwind.
1. NZD
2. CAD
3. AUD
4. CHF
5. GBP
6. JPY
7. EUR
94% of XRP holders are in profit: Has the price topped?
• XRP’s rally to $3 has pushed 94% of supply into profit, a level that historically marked macro tops.
• XRP is in the “belief–denial” zone, onchain metrics show, echoing peaks in 2017 and 2021.
XRP’s XRPUSD rally to over $3 has pushed nearly 94% of its circulating supply into profit, Glassnode data shows.
As of Sunday, XRP’s percent supply in profit was 93.92%, underscoring strong investor gains as the cryptocurrency rallied by more than 500% in the past nine months to $3.11 from under $0.40.
90%> supply in profit is usually an XRP macro top Such high profitability has historically signaled overheated conditions. In early 2018, over 90% of holders were in profit just as XRP peaked near $3.30 before a 95% price reversal.
A similar setup appeared in April 2021, when profitability levels above 90% preceded an 85% crash from the top near $1.95. XRP’s NUPL mirros 2017 and 2021 price peaks XRP’s Net Unrealized Profit/Loss (NUPL) is further signaling top risks.
The indicator, which tracks the difference between unrealized gains and losses across the network, has entered the “belief–denial” zone, a phase historically observed before or during market tops. XRP price is consolidating inside a descending triangle after rising above $3. The pattern, typically bearish, is defined by lower highs against horizontal support near $3.05.
Earlier this month, XRP briefly broke below the support in a fakeout, only to rebound back inside the structure.
Bitcoin risks new 2025 correction as BTC price uptrend starts 7th week
Key points:
• Bitcoin has enjoyed six weeks of its latest “price discovery uptrend” — but a correction is now due.
• Analysis shows that in previous halving cycles, BTC price tends to halt its second uptrend after five to seven weeks.
• A new dip now would still allow fresh all-time highs in Q4.Bitcoin risks keeping its recent $124,500 all-time high in place — if it follows historical patterns. Historically, Bitcoin Price Discovery Uptrend 1 tends to end between Week 6 & 8 of its uptrend. Whereas in Price Discovery Uptrend 2, Bitcoin tends to end its uptrend between Week 5 & 7.
Week 7 of Price Discovery Uptrend 2 begins tomorrow.
A linked chart from earlier in the year shows a potential upside target for the second uptrend at just below $160,000.
In 2025, Bitcoin’s first corrective phase took the price from near $110,000 to under $75,000 — a roughly 30% drawdown not uncommon in previous halving cycles.
Data from monitoring resource CoinGlass shows BTCUSD up 2.1% in August, already slightly above the 1.8% average. September, by contrast, has on average delivered a 3.8% price drawdown.
THIS WEEK’S MARKET-MOVING EVENTS (all days local)
The upcoming week in global economics is set to reveal how various regions are responding to shifting monetary policy, tariffs, and weakening trade. In Asia-Pacific, the Reserve Bank of New Zealand is widely expected to cut rates by 25 basis points as inflation eases and unemployment rises. Japan’s trade and machinery orders signal slowing external demand, especially in autos, while inflation is expected to cool slightly due to energy subsidies and a stronger yen. China is keeping its loan prime rates unchanged, suggesting a wait-and-see approach amid recent export growth.
In Europe, the first real data showing U.S. tariff impacts—especially on Switzerland and possibly Germany—will come through PMI surveys and GDP results. Germany’s economy is forecast to shrink slightly in Q2, confirming continued stagnation. Meanwhile, in the U.S., all eyes are on Fed Chair Jerome Powell’s speech at Jackson Hole. He must navigate internal dissent at the Fed, political pressure from the Trump administration, and unclear signals from inflation and labor market data. The markets await clarity on whether another rate cut is imminent as inflation ticks up due to tariffs, but the Fed’s message remains cautious and data-driven…Econoday
Asia Morning Call-Global Markets
EQUITIES
GLOBAL – Global stocks were flat but still traded near record highs on Friday as U.S. President Donald Trump and his Russian counterpart Vladimir Putin held high-stakes talks in Alaska over Ukraine.
The MSCI All Country World Index EURONEXT:IACWI consolidated recent gains. It was last flat at 951.70, just shy of the record level of 954.21 set on Wednesday.
NEW YORK – The blue-chip Dow Jones ended higher after hitting an intraday record high on Friday, as UnitedHealth’s shares jumped after Berkshire Hathaway raised its stake, but other Wall Street indexes slipped as mixed data clouded the Federal Reserve’s next monetary policy move.
The Dow Jones Industrial Average DJI rose 34.86 points, or 0.08%, to 44,946.12, the S&P 500 SPX lost 18.74 points, or 0.29%, to 6,449.80 and the Nasdaq Composite IXIC lost 87.69 points, or 0.40%, to 21,622.98.
LONDON – European shares came off multi-month highs on Friday, as declines in heavyweight tech and financial shares offset gains from some corporate earnings, while investors monitored a crucial U.S.-Russia summit.
The pan-European STOXX 600 index SXXP closed 0.1% lower, after hitting a near five-month high earlier in the session.
TOKYO – Japan’s Nikkei closed at an all-time high on Friday, as the yen weakened and data showed the nation’s economy was surprisingly resilient. The Nikkei 225 Index NI225 accelerated gains in the afternoon session, surging 1.7% to end at a record peak of 43,378.31.
NEW YORK – The dollar slipped on Friday as a data-heavy week wound down, keeping the case for a September Federal Reserve interest rate cut intact, while traders awaited talks in Alaska between U.S. President Donald Trump and Russian leader Vladimir Putin regarding Ukraine.
The dollar, which had jumped on Thursday as data showed U.S. producer prices increased more than expected in July, gave up most of those gains on Friday, and was set to finish the week 0.4% lower against a basket of currencies.
Nikkei Chart
XRPUSD – Ripple
Ripple is biding its time between 3.16 & 3.00
Resistances: 3.16, 3.23 & 3.38
Supports: 3.08, 3.02 & 3.00
Break below 3.00 would signal a deeper correction is on its way, possibly leading to 2.70 and even 2.65
Consider 3.00 as a pivotal , so if below opens a road towards 2.13 and if above gives Ripple a chance to reach all the way till 3.93
EURUSD – Daily
EURUSD closed on Friday in a Bullish mode.
But for EUR to continue the rally, it has to go on Monday over 1.17300
Any hesitation might end up in strong down move….
If/when 1.17300 taken out of equation , target will be at 1.18750
That is a channel upper trend line and if above EURUSD would have an open road towards levels above 1.20000
Based on big time frame like Monthly, it is likely that EUR will continue rallying and in such case 1.30000 would be in sights….
BTCUSD – Bitcoin
Resistances: 118.625, 119.345 & 121.125
Supports: 117.265, 116.835 & 116.150
Bitcoin is currently on defensive.
To change the mode it should go over 119.345 or will face test of supports that are last barrier in front of visiting 110.820 once again…
Time wise, this correction should take a day or two max , and we need to see a creation of the footer for next run Up
On a big picture, as long as BTC is above 110.820 it should target following:
123.315, 126.345 & ultimately 139.650
ETHUSD – Ethereum
Levels to watch:
4510.00 – Important when it comes to Closing tonight – if above Ether would have a chance to push higher on Monday
If below on close tonight – Monday might bring a sharp move down
Resistances: 4580.00, 4670.00 & 4790.00
Supports: 4490.00, 4400.00 & 4365.00
In case Ether manages to hold above 4510.00 and take out 4580.00 it should target Channel Upper line at 4965.00
It is in the Bullish mode and as long as it stays above 3960.00 it should run for the new high within couple of days.
U.S. Treasury Yields Close the Week Little Changed
A week of eye-catching inflation data, comments from Fed officials and a controversial Trump administration nomination for a new head of the Bureau of Labor Statistics nonetheless left Treasury yields little changed. The rates market struggled to find a direction this week, caught between concerns about a slowing economy and renewed inflation pressures from tariffs. On Friday, yields climbed slightly following retail-sales growth in line with forecasts and a worse-than-expected consumer-confidence survey from the University of Michigan, which included rising inflation expectations. The benchmark 10-year yield finished the week at 4.325%, up from 4.282% last Friday. The 2-year yield–which is sensitive to near-term Fed policy expectations–ended the week at 3.758%, versus 3.757% a week ago.
Ethereum Price Prediction 2025, 2026 – 2030: Can ETH Reach $10k?
· The Ethereum price today is $ 4,414.62163157.
· ETH price with a potential surge could hit $6,925 in 2025.
· The price of Ethereum could reach a high of $15,575 by 2030.
Amidst the turn of events, most cryptocurrencies are riding the sideways wave. And Ethereum too is not left behind, the largest altcoin saw the drive coming from SharpLink Gaming’s $200M ETH purchase. On the other hand, spot ETH ETFs hit $1B+ inflows.
The Ethereum price today is $4,405.55, with an intraday price change of -4.85%. This has come after rising to a peak of $4,663.55. Curious about where the ETH price is heading in the long run? Read our latest Ethereum price prediction for potential price targets.
What will be the ETH Price tomorrow?
Based on the current price trend, the ETH price tomorrow could range between $4,300 and $4,700.
Ethereum, with a drop of 4.85%, is changing hands at $4,405.55. This has come amid a short-term exhaustion because the price extended well above the upper Bollinger Band. If the momentum resumes, ETH may test the $4,719 mark. Caution is advised, as profit-taking could trigger a brief pullback to $3,565.
ETH Price Prediction 2026
By 2026, the value of Ethereum is expected to reach a high of $6,610. On the other hand, the Ethereum price might drop to $5,566, with an average of $5,713.
Ethereum Price Forecast 2027
The Ethereum 2027 forecast expects the ETH coin price to make a new all-time high at $8,705. However, a correction based on market shortcomings may drive the ETH crypto to $6,800, with an average of $7,246.
ETH Price Prediction 2028
In 2028, the chances of Ethereum dominating the crypto market rise as the ETH price potentially makes a new high at $10,410. On the other hand, the altcoin might fall to $8,613, making an average of $9,482.
Ethereum Forecast 2029
Approaching its all-time high of $12,994 in 2029, the Ethereum price is expected to surpass the psychological barrier of $12,000. In case of a correction, ETHUSDT may reach a low of $10,192, with an average price of $11,111.
Ethereum Price Prediction 2030
As per our Ethereum Price Prediction 2030, the ETH crypto price is projected to reach a new all-time high of $15,575 in 2030, with a potential low of $12,647 and an average price of $14,163.
S&P Dow Jones in talks to bring tokenized indexes to exchanges, DeFi: Exec
S&P Dow Jones Indices (S&P DJI) is in discussions with major exchanges, custodians and DeFi protocols to license and list tokenized versions of its benchmarks, according to Stephanie Rowton, the firm’s director of US equities.
Rowton said that the index provider is taking a “strategic approach” to ensure tokenized S&P products are launched only on platforms that meet high standards for transparency, security and regulatory compliance.
The push into blockchain comes as institutional interest in tokenized financial products accelerates. S&P DJI entered the space earlier this year by licensing the S&P 500 for a tokenization initiative with Centrifuge, which uses official data to offer programmable index-tracking funds via smart contracts.
BTCUSD – Bitcoin
Resistances: 118.050, 118.715 & 119.400
Supports: 117.130, 116.835 & 115.880
Most important level right now is a Support at 115.880 – if broken opens a way for 113.820 and even 110.820
As long as Bitcoin price stays above 110.820 it might rally to the new high.
However, if that one lost 90K comes to play
Trump-Putin Summit and week ahead
– No deal but talking
– No added sanctions on Russia
– Trump puts a peace deal in Zelensky’s lap
– Zelensky to go to Washington to meet with Trump on Monday
– Should not be a big market reaction to open the week as there were no surprises from the summi . One risk is in EURO by those who bid it up in anticipation of a ceasefire deal but a wait-and-see what comes of the Trump-Zelensky meeting.
– Key focus in the week ahead will be on Powell’s Jackson Hole speech on Wednesday.
– Keep an eye on US Treasuries after yields closed higher on Friday after the hot PPI on Thursday, higher import prices and higher inflation expectations in the U of M consumer sentiment report.
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