Cryptocurrency price forecast on August 2: XRP, Ethereum (ETH), Worldcoin (WLD)

August started well, and the encryption market picked up slightly.

August started well. The entire cryptocurrency market has risen by about 0.5% in the past day and currently has a total market value of US$2.18 trillion. The reason for the improvement was that Trump canceled a planned strike against Iran, which eased tensions. Market panic subsided and Bitcoin prices began to rise again, driving the entire market.

In addition, open interest in derivatives fell, which is actually good news. This means that the risk of last week's large-scale forced liquidations causing prices to plummet has been reduced. Traders 'sentiment also improved and began to revisit riskier assets.

So, can this small rally last and turn into a larger rally? Or will it fade away and trigger a new round of selling? Let's take a look at the chart trends of XRP, Ethereum and Worldcoin.

XRP price targets US$1.10, ETF demand and XRPL upgrades boost market sentiment

Ripple's XRP is currently trading at US$1.08, up about 2% in the past 24 hours. We looked at the chart and found the following key point: After falling to $1.05, buyers entered and pushed it back above the short-term resistance level near $1.08.

This trend has also allowed XRP to stabilize the US$1.00 level, which has been a strong support level for buyers in the past few weeks. The market seems to recognize this position.

Source: Tradingview.com

The current situation is better than at the end of July. The RSI rose to 56.16, above the neutral 50 line, indicating that buyers are regaining control of the situation. The Ultimate Oscillator is at 54.07, indicating that buying pressure is increasing but has not yet entered extreme territory.

It is worth noting that the Stochastic Oscillator has soared to 83.69, entering the overbought range. This usually occurs when rallies accelerate, but it also means that some investors may take profits if XRP prices cannot move higher further.

The MACD indicator just turned positive at 0.0017, confirming the rebound trend. But the key is that XRP still needs to break through the US$1.10 to US$1.12 range. And $1.15 is the important barrier that bulls really need to overcome.

Indicator readings and interpretation

RSI (14): 56.16, buyers dominate

STOCH (9,6): 83.69, overbought, strong momentum

Ultimate Oscillator: 54.07, buying pressure improving

MACD: 0.0017, bullish cross

Current key factors driving XRP prices

Investors are focusing on the XRPL v3.3.0 upgrade that will be launched in early August. The upgrade will bring a number of new features: confidential MPT, bulk transactions, authorization, sponsorship fees and dynamic MPT. These aim to simplify the tokenization process and open the door to more institutional applications.

In terms of ETFs, since November 2025, the cumulative net inflow of XRP funds has been approximately US$1.4 billion to US$1.5 billion. Currently, the seven funds hold a total of approximately 970 million XRPs.

Ripple also received another confidence boost: SBI valued its Ripple stake at US$41.2 billion, which fully illustrates the company's development behind the scenes.

In addition, Banx Network confirmed that MEXC Learn will start releasing XRP ledger related content on August 10. This will bring more exposure to the entire ecosystem.

Today's XRP price forecast

Bullish forecast: A breakthrough of US$1.10 may open up upside to US$1.12. If buying volume continues to increase, US$1.15 will become the next target.

Neutral forecast: As traders wait for new news on the XRPL upgrade, XRP prices may fluctuate between $1.06 and $1.10.

Bear forecast: A loss of US$1.05 support will put US$1.02 in focus. A break below that level could push Ripple's XRP price back to the psychological $1.00 level.

Ethereum prices remained stable at around US$1900, with institutions increasing their holdings

Ethereum currently trading at US$1,875.59, up 1.75% today. We reviewed the chart and found that the rebound since last Friday's decline has brought ETH back to the middle of its trading range. Buyers successfully defended around $1,840 and avoided a deeper decline.

Source: Tradingview.com

Kinetic energy remains balanced. The RSI is 48.28, slightly below the neutral 50 line. The final oscillation indicator is 49.65, indicating that the long and short sides are currently evenly matched and no one dominates.

The Stochastic Oscillator has rebounded to 48.57 after a period of oversold lows. This suggests a slight improvement in momentum, but buyers need more volume to hit the $1,920 to $1,950 resistance zone again.

MACD remains negative at-0.77, so the short pressure has not yet completely subsided. But it is worth noting that the bar chart is beginning to flatten out. This usually occurs just before the kinetic energy reverses.

Indicator readings and interpretation

RSI (14): 48.28, neutral

STOCH (96): 48.57, rebound from oversold areas

Ultimate Oscillator: 49.65, kinetic energy balance

MACD: -0.77, short momentum weakens

Currently a key factor driving Ethereum prices

Morgan Stanley has just launched the Morgan Stanley Ethereum Trust (MSSE). This is a spot Ethereum ETF, which is unique in that it will pledge part of the ETH and return the pledge proceeds directly to investors.

The rate is 0.14%, which is quite reasonable. Best of all, both large institutions and ordinary retail investors can get pledge income without having to run their own verification nodes. No technical settings, no trouble, just gain exposure and benefits.

Institutional needs remain healthy. Fidelity transferred approximately 260,000 ETH (worth nearly $500 million) into escrow wallets and did not send the tokens to the exchange. In addition, on July 31, the spot Ethereum ETF recorded a net inflow of US$9.03 million, while the spot Bitcoin ETF outflows of US$265.4 million during the same period, indicating that relative demand for Ethereum is stronger.

Today's Ethereum price forecast

Bullish forecast: A breakthrough of US$1,900 may push the Ethereum price to US$1,920, and US$1,950 will become the next resistance level.

Neutral forecast: As traders focus on ETF capital flows and institutional activity, ETH prices may remain in the US$1,850 to US$1,900 range.

Bear forecast: A loss in the $1,840 support level may expose the $1,800 mark, and further weakening will open up space to $1,760.

Worldcoin prices surged 7%, and institutions increased their holdings

Worldcoin is currently trading at US$0.3221, up 7% in the past 24 hours. We looked at the chart and the token was trying to rebound after hovering above the $0.30 support area for several trading days. Buyers stepped in near that level and pushed prices up significantly. This was the strongest one-day gain in WLD prices in more than a week.

Source: Tradingview.com

All indicators are generally improving. The RSI rose to 59.14, well above the neutral 50 line, indicating that buyers are currently dominant. The ultimate oscillator of 55.09 also confirmed this, indicating that buying pressure is improving.

It should be noted that the stochastic oscillator indicator has just soared to 92.58, entering the deeply overbought range. Strong rallies tend to push them to such high levels, but also mean some investors could take profits if buying slows.

MACD remains slightly negative at-0.0031, but the bar chart has continued to improve over the past few trading days. This is a good sign.

The following are key levels to focus on: If Worldcoin prices can break through US$0.33, it will strengthen the rebound momentum and open up upside to US$0.35. But if buyers cannot hold above $0.32, we may see prices fall back into the $0.30 support zone.

Indicator readings and interpretation

RSI (14): 59.14, buyers dominate

STOCH (9,6): 92.58, strong momentum, overbought

Ultimate oscillator: 55.09, buying pressure improving

MACD: -0.0031, short momentum recedes

Currently a key factor driving Worldcoin prices

Institutional interest has increased after Eightco Holdings disclosed it holds 301.97 million WLDs (worth approximately US$109 million at current prices). The position represents approximately 8% of Worldcoin's circulation supply and is part of the company's digital identity strategy. In addition, Worldcoin reduced its daily token unlock volume from 5.1 million to 2.9 million WLD, a drop of 43%, easing future selling pressure.

Market access has also improved. Robinhood Crypto's Bitstamp platform already supports WLD transactions, improving liquidity and retail access. Investors are still watching the optimism generated by Grayscale's possible launch of a spot Worldcoin ETF after it submits its application, but the narrative is still in its early stages and there is no timetable for approval.

Today's Worldcoin price forecast

Bullish forecast: If Worldcoin price exceeds US$0.33, buyers may target US$0.35. If this level continues to break through, it may open up upside space to US$0.37.

Neutral forecast: Worldcoin prices may remain in the US$0.31 to US$0.33 range while traders digest the latest institutional developments.

Bear forecast: A break below US$0.30 will weaken the short-term rally and could send Worldcoin prices down towards US$0.29. After losing this support level, the next target will be $0.27.

FAQs

Why are XRP prices rising today?

XRP prices rose because investors placed positions ahead of the XRPL v3.3.0 upgrade, and were supported by cumulative XRP ETF inflows of approximately US$1.4 billion to US$1.5 billion and improved technical momentum.

Why does Ethereum perform better than Bitcoin today?

Ethereum benefited from institutional demand: Morgan Stanley launched a spot Ethereum ETF that supported pledges, Fidelity transferred nearly 260,000 ETH into custody wallets, and the spot Ethereum ETF recorded a net inflow, while Bitcoin ETF saw capital outflows.

Why are Worldcoin prices rising today?

Worldcoin prices rose due to Eightco's disclosure that it holds nearly 302 million WLDs, the project cut its daily token unlock rate by 43%, and Bitstamp's expansion of trading channels for the token, which together boosted investor sentiment.