📢 #Gate Square Writing Contest Phase 3# is officially kicks off!
🎮 This round focuses on: Yooldo Games (ESPORTS)
✍️ Share your unique insights and join promotional interactions. To be eligible for any reward, you must also participate in Gate’s Phase 286 Launchpool, CandyDrop, or Alpha activities!
💡 Content creation + airdrop participation = double points. You could be the grand prize winner!
💰Total prize pool: 4,464 $ESPORTS
🏆 First Prize (1 winner): 964 tokens
🥈 Second Prize (5 winners): 400 tokens each
🥉 Third Prize (10 winners): 150 tokens each
🚀 How to participate:
1️⃣ Publish an
XRP Aiming for $4 – Normal Accumulation or Signaling a Surge?
XRP – the third largest cryptocurrency by market capitalization – is drawing strong attention as it reached a new all-time high of $3.66 on July 18. The rally started from the bottom of $1.9 set on June 22, creating an impressive bounce back amid supportive policy and technical factors. 🏛️ Macro News Boosting the Uptrend Three important cryptocurrency laws have just been passed in the United States, among which the most notable are: CLARITY Act: Clarifying the legal framework for digital assets GENIUS Act: Supporting innovation and development in the blockchain sector The third act ( has not specified a name ): Enhancing investor protection and promoting transparency These laws not only create a solid legal foundation for the market but also help to draw attention and attract capital from large institutions. 🔁 ProShares, one of the leading ETF issuers, has filed for the establishment of the first XRP futures ETF. In addition, 11 other asset management companies are also awaiting approval for XRP-related ETF products, raising the likelihood of approval to 88% by December 2025, according to analysts. 📈 Technical Analysis: Strong Structure – Breaking $4 Within Reach? Currently, the price of XRP is fluctuating around $3.45, slightly up +0.25% in the last 24 hours. Since the peak of $3.66 on July 18, the price has maintained a narrow range from $3.35 to $3.48, indicating a healthy accumulation phase rather than a deep correction. 👉 Key support: $3.34 👉 Important resistance zone: $3.60 – $3.66 👉 Potential breakout points: $3.70 and then $4.00 A "Golden Cross" – when the MA50 crosses above the MA200 – is about to form on the daily chart, which is a classic technical signal for a strong upward trend in the medium and long term. 🌐 Is the Altcoin Season Approaching? According to the Altcoin Season Index ( of CoinMarketCap, the index is currently at 47. If this index exceeds 75, the market officially enters "altcoin season," where coins other than BTC typically see significant increases. XRP is standing out as a leading candidate for the new cycle, as market capitalization, liquidity, and institutional interest are all on the rise. 🔍 Conclusion: XRP Not Exceeding $4 Is Not A Failure The fact that the price has not exceeded $4 is not a negative signal, but rather reflects a stable and necessary accumulation phase. When market momentum picks up again – possibly from ETF news or the official start of the altcoin season – XRP has the potential to break out and head straight towards the $4 range and beyond. 🎯 Key Milestones to Watch in the Short Term: $3.34 – if this support is maintained, the upward trend remains intact $3.66 – breaking the previous peak will trigger a strong FOMO flow $4.00 – an important technical target, if surpassed, will create a market sentiment breakthrough 👉 Do you think XRP can break $4 in August? Or does it need more time? Let's keep a close watch and prepare a suitable strategy! 🚀$XRP {spot})XRPUSDT(