Foreign media: XRP holds above $1, while bitcoin consolidates around $63,000

According to foreign media analysis, trading volume in the crypto market surged in mid-August, but the trends of several major tokens diverged significantly. XRP remains fluctuating near the $1 threshold, Bitcoin is consolidating around $63,000, SHIB continues its range-bound movement at a low level, while ZEC maintains a relatively stronger technical structure.

XRP still capped between $1.04 and $1.08

The article notes that after XRP briefly fell below $1, it rebounded above this level, but there is still no clear reversal signal. The price is near $1.002, still within this year’s sensitive range.

From a short-term perspective, $1.04 to $1.08 is the key area XRP needs to reclaim; greater resistance lies concentrated between $1.15 and $1.16 above. If the daily chart loses the $1 level again, the next area to watch would be near $0.95.

Bitcoin ranges between $63,000 and $64,000

The article states that Bitcoin’s overall structure remains somewhat weak but is more stable than XRP. After sharply retreating in June and rebounding from below $60,000, Bitcoin has mostly consolidated within a narrow range since August, with the latest price at about $63,650.

Bulls and bears are currently locked in a tug-of-war around $63,000 to $64,000. Short-term moving averages are close to the current price, indicating selling pressure has eased compared to June, but mid- and long-term resistance remains above.

• The short-term moving average zone is roughly $63,650 to $63,800
• Mid-term resistance is around $66,300
• The long-term moving average lies at approximately $71,600

The article believes if the price climbs back above $66,300, the market may further test the $70,000 to $71,600 range.

SHIB consolidates at low levels, ZEC maintains strength

SHIB is currently consolidating near $0.00000447, still close to the lower bound of its 2026 range. The article points out that while buying has stabilised the price for now, there is not yet sustained follow-through strong enough to reverse the trend.

For SHIB, the key upper area is $0.0000049 to $0.0000050. If it fails to break through effectively, the price action appears more like range-bound consolidation at the lows rather than confirmed recovery; short-term support below is $0.0000043 to $0.0000044.

In comparison, ZEC’s performance is stronger. The article says ZEC’s latest price is about $511, still above key moving averages, and the upward structure has not been broken. The $490 to $500 range is close-in support for now. If this area holds, the market may again test the $520 to $530 resistance zone; if that is broken, the next focus could turn to $550 to $570.

However, the article also notes that recent trading activity for ZEC has fallen back compared to earlier rallies. A clearer breakout will still require stronger market participation.