Ripple CTO Emeritus David Schwartz just reminded the market why conviction is the hardest edge to hold. XRP price is trading around $1.12, up about 1% over the past 24 hours after reclaiming the $1.10 level. That move has shifted momentum back toward the bulls, making the timing of Schwartz’s admission hit a little closer to home.
In yesterday’s post on X, Schwartz confirmed he sold XRP at $0.10 and unloaded 40,000 ETH at roughly $1.05 each. Those decisions came from a risk reduction agreement with his wife, not from losing faith in either asset. As every trader eventually learns, your portfolio rarely argues with your spouse and wins.
Obviously, I wish I hadn't done those things. But I agreed with my wife to sell at every new ATH and I really, really hate risk. I wish I was more comfortable with risk, but I'm just not that person.
— David 'JoelKatz' Schwartz (@JoelKatz) July 20, 2026
“Obviously, I wish I hadn’t done those things,” Schwartz wrote. He added that he genuinely dislikes financial risk and followed a rule to sell whenever an asset reached a new all-time high. Later, he admitted that assigning even a 1% chance to Ethereum reaching $2,368 would have kept him from selling at $1.05. The same lesson applies to XRP, which has long left that $0.10 exit behind.
The irony has not gone unnoticed. XRP is climbing after reclaiming a key technical level just as Schwartz reflects on selling too early. It is a familiar reminder that timing the market sounds easy until the market starts proving you wrong. Sometimes the hardest trade is simply doing nothing.
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The current $1.12 level is now the line in the sand. Buyers pushed XRP from around $1.08 to roughly $1.12, locking in a modest daily gain. The next job is keeping that level as support, which is never automatic after weeks of heavy selling. Momentum has improved, but the market still wants proof.
Meanwhile, the daily RSI remains near oversold territory, while a TD Sequential buy signal on the three-day chart hints that bearish momentum may be fading. That points to possible trend exhaustion instead of a confirmed breakout. Sometimes the first bounce grabs attention, but the second one earns respect.
Institutional demand also remains part of the story. XRP ETPs recently attracted nearly $40 million in fresh inflows, lifting assets under management to about $2.6 billion. At the same time, spot trading volume jumped sharply during the move above $1.10, suggesting larger players were not sitting on the sidelines.
Three scenarios remain in play. The bullish case sees $1.12 holding as support before XRP clears price resistance around $1.18. If buyers keep pressing, a sustained move above $1.20 could expose the $1.30 to $1.35 region next. One green candle is nice. A few more are what pay the bills.
The base case is a period of consolidation between $1.10 and $1.18 while the market confirms that selling pressure has eased. However, a daily close below $1.10 would shift attention back to the $1.04 to $1.08 support zone. The late session volume surge showed buyers arrived with conviction, but one good session alone does not make a lasting trend.
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XRP at $1.13 is a better position than Schwartz’s $0.10 exit, but at a $70 billion+ market cap, the asymmetry available at genuine early stages simply isn’t there anymore. That’s the structural trade-off every trader running rotational strategies weighs when an asset reclaims resistance rather than breaks into discovery.
The question isn’t whether XRP can go higher; it’s whether the risk-reward at current prices matches what early participants captured.
Bitcoin Hyper is positioning itself in a different part of the risk spectrum entirely. The project is building the first Bitcoin Layer 2 with full SVM integration, meaning Solana Virtual Machine-grade smart contract execution anchored to Bitcoin’s security model, targeting performance that competes with Solana’s throughput while preserving BTC’s trust layer.
The presale has raised $32.9 million at a current token price of $0.0136834, with a staking program live for participants. That combination of infrastructure utility and early pricing is the setup Schwartz described missing, except it’s available now, not in retrospect.
Research Bitcoin Hyper before committing capital.
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The post David Schwartz Regrets Selling XRP at 10 Cents as Price Broke $1.10 Resistance appeared first on Cryptonews.
Ethereum is trading around $1,850, and bulls remain focused on one technical price trigger to initiate a big rally. Bulls are waiting for a sustained close above the 100-day EMA near $1,938. That is the line in the sand. Crack it with convincing volume, and the medium-term picture finally starts looking brighter. Miss it, and late longs could end up holding the bag.
The data behind this setup still looks tidy. Exchange outflows continue to reduce available sell-side supply, while staking keeps locking away circulating ETH. Meanwhile, futures volume has jumped sharply, and funding rates remain positive. That tells us buyers are still willing to pay for exposure, although the market has not reached full euphoria just yet.
The long-to-short ratio sits close to 0.96, keeping positioning near balance instead of leaning too heavily in one direction. At the same time, Ethereum has tightened into an intraday range between $1,845 and $1,865. Markets love making traders wait, but tight ranges rarely stay quiet for long. Institutional interest has also continued to build, adding another layer of support beneath the chart.
With the MACD crossing into positive territory and ETH holding above the 50-day EMA near $1,818, the technical structure still leans bullish. Even so, this remains a level-by-level trade rather than a victory lap. As always, the chart gets the final vote, not our opinions.
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Ethereum price has gained about 4% over the past seven days, making it one of the stronger performers among the top ten cryptocurrencies by market cap. Trading activity has also picked up, with 24-hour volume hovering around $7.0 billion. Fresh money appears to be joining the move instead of traders simply passing the same chips around.
The technical picture remains straightforward. Support sits near the 50-day EMA around $1,818, and losing that level would weaken the recovery story. Resistance now stretches between $1,875 and $1,900, while the 100-day EMA near $1,938 remains the real gatekeeper. A convincing daily close above it puts $2,000 firmly back on the radar.
If buyers keep volume elevated, exchange outflows continue, and ETH closes above $1,938, the next stops become $2,000 and then the 200-day EMA near $2,180. That would finally give bulls something more exciting than another day of staring at candles.
The base case is less dramatic. Ethereum could spend another week chopping between $1,818 and $1,938 while traders wait for fresh macro catalysts. However, if ETH loses $1,818 on a daily close and exchange outflows reverse, this rally could fizzle out, exposing the $1,700 area once again.
The positive MACD crossover and improving momentum still favor buyers. Even so, charts reward patience more than enthusiasm. Watch the daily close, not every five-minute candle, trying to steal the spotlight.
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ETH at $1,860 is a recovery trade with defined upside targets. The math to $2,180 is roughly 16% from current levels. It’s a respectable target, but that’s a move back to levels ETH already occupied months ago.
For traders who want asymmetric upside tied to the same crypto risk cycle, the early-stage presale market is where the leverage lives.
Bitcoin Hyper ($HYPER) is positioning itself at what could be a genuinely underexplored infrastructure niche: it’s the first Bitcoin Layer 2 to integrate the Solana Virtual Machine, targeting sub-second finality and low-cost smart contract execution while inheriting Bitcoin’s security model.
The project has raised $32.9 millio0n at a current presale price of $0.0136834, with staking rewards available to early participants. The $33 million milestone is already within reach, which tends to accelerate visibility and the next price step-up.
The core pitch of bringing Solana-speed programmability to Bitcoin’s trust layer via a Decentralized Canonical Bridge addresses limitations that have kept Bitcoin-native DeFi marginal.
Research Bitcoin Hyper before the next price tier closes.
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The post Ethereum Bulls are Preparing for a Major Price Breakout Above the 100-day EMA appeared first on Cryptonews.
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