Crypto Price Prediction Today 13 August – XRP, PUMP, Bitcoin Cash

The $2.3 trillion market cap king of the crypto space, Bitcoin, surged to a record-breaking price of $122,838 last month.

This milestone has intensified chatter that a delayed post-halving rally might finally be gaining momentum. Just this week, BTC nearly set another record, topping out at $122,227.

Meanwhile, investor focus has broadened to include everything from established altcoins to top-performing meme coins. Over the past 12 months, tokens like XRP, TRON, Solana, Sui Network, Pepe, Trump, SPX6900, and FartCoin have all posted fresh all-time highs (ATHs).

Adding to bullish sentiment, U.S. regulators appear to be moving toward a unified digital asset rulebook. Only four days after BTC’s ATH, on July 18, Trump signed the GENIUS Act, laying down the first nationwide stablecoin regulatory framework.

In parallel, the SEC has unveiled “Project Crypto,” a reform plan to revamp securities oversight and provide the much-needed clarity the crypto sector has long sought.

With optimism growing, some market analysts believe select altcoins could soon retest or surpass their previous price peaks.

Ripple (XRP): Strong Price Potential Following High-Profile Global Recognition From Outside Crypto

Ripple’s XRP ($XRP) spiked to an ATH of $3.65 on July 18, the same day the GENIUS Act became law, beating its 2018 high of $3.40. It has since dipped to around $3.26, a 10% drop, though it rebounded 7% in the past day.

Investors continue to view XRP as a long-term play thanks to its fast, low-cost cross-border payment system, which avoids slow, costly legacy channels like SWIFT.

This competitive edge has attracted attention from influential institutions, including the United Nations and the White House. In March, Ripple CEO Brad Garlinghouse was one of only two crypto leaders invited to Trump’s White House crypto summit.

A turning point came in 2023 when a U.S. court ruled that retail XRP sales did not violate securities laws, effectively ending a prolonged SEC lawsuit and restoring investor confidence.

Over the last year, XRP has jumped 466%, far outpacing Bitcoin’s 106% gain. A bullish flag pattern formed between January and April, with a breakout starting in June that appears ongoing. In the past week alone, XRP rose 11% outpacing Bitcoin’s 7% growth.

The relative strength index (RSI) remains above 50, indicating ongoing buying. After the asset spent much of July hovering above its 30-day, XRP’s price has now converged with it, showing solid support around $3. These factors point to a potential run toward $4, possibly as soon as September.

Pump.fun ($PUMP): After Turbulent Price Movement on Launch, Solana’s Meme Crypto Launchpad is Going Up

Launched January 19, 2024, on the Solana network, Pump.fun is a decentralized token creation platform allowing anyone to mint and launch primarily meme coins, but other cryptos too, on an equal-access basis.

On July 12, the platform’s native token, PUMP, made its debut and amassed $1 billion in investments within just 12 minutes.

Out of a total supply of 3 trillion tokens, the team minted 1 trillion (33%), pricing them at $0.004 each. Fifteen percent went to retail buyers during the ICO, with another 18% sold to institutions. This raised $600 million directly, with institutional interest pushing the total above $1 billion.

The price action has declined 42% since hitting an ATH of $0.006812 on July 16. The following day, the token crashed 15%. At the current price of $0.003951 is up 73% from its all-time low of $0.002283, posted July 29, and has effectively reclaimed its presale price.

No doubt, the team’s buyback has helped to stabilize the coin.

Despite the rocky start, Pump.fun is a well-established protocol in a $82 billion meme coin market, $14 billion of which is tied to Solana meme coins, suggesting plenty of future growth potential.

Bitcoin Cash ($BCH): Bitcoin’s Crypto Payments Fork Has Seen Consistent Price Gains This Year

Bitcoin Cash ($BCH emerged from Bitcoin’s 2017 hard fork, prioritizing faster, more scalable payments through larger block sizes. This design, however, slightly reduces decentralization by increasing mining requirements, favouring large-scale miners.

Since April, BCH has more than doubled from $251.54 to its current price of $623.51. The technical setup of its price chart appears to foretell the rally thanks to a falling wedge pattern from late December to early March, usually a bullish technical signal.

If market conditions hold, BCH could hit $1,500 by early 2026 and approach $3,000 in a bull market, possibly surpassing its December 2017 ATH of $3,785.82 next year, if the market sees a crypto gold rush.

If it can cross near-term resistance, which sits at $700, then BCH could recapture highs of around $800 by mid-fall. This would put it at a four-year high.

Interestingly, since late April, Bitcoin Cash’s RSI score has been consistently above 50, which indicates investors have mostly been buying rather than selling, a strong indicator of bullishness.

If macroeconomic sentiment remains supportive and market narratives pivot back to fast, cost-effective payment assets like XRP and BCH, the token could potentially double its valuation before the year ends.

Key psychological support lies just below at $600.

Bitcoin Hyper ($HYPER): The Layer 2 Project Mixing Tech Innovation with Meme Appeal

Among emerging presale projects, Bitcoin Hyper ($HYPER) stands out as the first Layer 2 protocol for Bitcoin, merging internet meme culture with scalability solutions. Its mission: speed up Bitcoin transactions and broaden use cases while keeping a community-focused vibe.

The presale has already raised over $9 million, and some analysts forecast a possible 10× surge after launch.

Using the Solana Virtual Machine (SVM), Bitcoin Hyper brings high-performance smart contracts to Bitcoin without slow processing times or high fees.

Its Canonical Bridge enables near-instant BTC transfers on its proprietary Layer 2 network, while ultra-low gas fees make it viable for dApps, meme tokens, and payment systems. A recent Coinsult audit found no smart contract vulnerabilities, boosting investor confidence.

$HYPER serves as the platform’s native token, powering staking rewards, transaction fees, and exclusive benefits. Early presale participants can earn up to 119% annual yields and enjoy governance rights over the project’s direction.

Visit the official presale website or follow Bitcoin Hyper on X and Telegram for more information.

Click Here to Participate in the Presale

The post Crypto Price Prediction Today 13 August – XRP, PUMP, Bitcoin Cash appeared first on Cryptonews.