As we move towards the end of another week, July has commenced with vigor. Over half of the year has already passed, yet altcoin investors are not witnessing significant returns. This situation is not surprising given the uncertainties plaguing the market. Today, we delve into the latest market predictions for XRP and Chainlink
$9 (LINK) from various analysts.
XRP and LINK Coins on the Verge
Amidst recent market volatility, almost all altcoins have surrendered their gains from the previous day. As BTC continues trading below $108,000, the daily close becomes crucial. The resistance at $110,000 remains unbroken, and a Financial Times report indicates that there might not be a tariff agreement between the European Union and the United States. Furthermore, concerns have been exacerbated by the movement of BTC worth over $7 billion by a 14-year-old whale.
However, we must not lose hope, as cryptocurrencies have historically rallied even in the most negative environments. As we move towards interest rate cuts and the announcement of tariff agreements, FUD should not dominate investors.
Ali Martinez recently provided an analysis of XRP Coin, highlighting a significant price target.

“The key resistance level for XRP is $2.38. Surpassing this level could mark the beginning of a major movement!”
The approval of an ETF for XRP Coin is approaching. Ripple
$1 has applied for a banking license and is forming partnerships with major institutions. The $2.38 mark could serve as a good entry confirmation for those wanting to join the rally.
Chainlink’s Strategic Partnerships
Chainlink (LINK) recently formed a significant partnership with Mastercard. However, this has not yet impacted the price, mainly due to the market’s sensitivity to external factors. Martinez also identifies the crucial point for the start of LINK’s rally at $15.3, based on a set of underlying costs.

Signals of a Crypto Resurgence
Regional demand fluctuations are significant indicators for cryptocurrencies. For example, to assess demand in the US, we can look at Coinbase Premium. When BTC is trading at a premium compared to the global price, it indicates a higher appetite from US-based investors.

The chart above reflects this, and DaanCrypto recently focused on Coinbase premium.
“Following the BTC recovery two weeks ago, we’ve seen a consistent premium on Coinbase. During a period of market weakness due to Middle Eastern uncertainties, the premium dropped. Since then, a robust recovery has occurred, maintaining stability, aligning with strong ETF entries. As long as the price continues moving with these entries, the situation is healthy. What you don’t want is for the price to stall amidst substantial inflows, which often indicates a local peak, as observed many times before.”




