August 7 Cryptocurrency Price Prediction: XRP, ADA, WLD Strong Rebound, Is a New High Expected by Year-End?

Following Bitcoin's record high of $122,838 last month, the overall market sentiment remains optimistic despite a recent pullback of about 5%. In the past 24 hours, the total market capitalization of Crypto Assets rebounded to $3.9 trillion, with the market generally expecting BTC to break through again. This bullish atmosphere has also driven strong performances from mainstream and emerging coins such as Ripple (XRP), Cardano (ADA), and Worldcoin (WLD). This article will focus on these three hot assets, combining technical indicators and market dynamics to predict their future trends and potential target prices.

Ripple (XRP): Regulatory benefits support, expected to challenge 4 dollars by the end of the year

(Source: Trading View)

XRP has continued to strengthen after the regulatory lawsuit came to a close, reaching a new high of $3.65 on July 18, with an increase of up to 494% over the past year. Although it briefly pulled back to $3.08, it has rebounded by 4.4% within 24 hours, with the technical indicator RSI rising to 54, indicating a significant increase in buying momentum. As strong support forms at $3, the bullish flag pattern suggests a potential breakthrough of the $4 barrier before the end of the year.

Cardano (ADA): Institutional funds are flowing back, long-term target 3.09 USD

(Source: Trading View)

Cardano has risen 32% in the past month, with a market capitalization surpassing 27.9 billion USD. Driven by institutional participation and the Proof of Stake (PoS) mechanism, ADA has increased by 6.4% in the last 24 hours, with a bullish flag pattern appearing technically. The RSI has rebounded again after dropping from 85 to 54. Short-term resistance is at 1.15 USD, with support in the range of 0.85 to 0.90 USD. If the market continues its long positions, it may challenge the high of 3.09 USD by the end of the year.

Worldcoin (WLD): High ecological topic popularity, may return to historical highs

(Source: Trading View)

Worldcoin, led by OpenAI CEO Sam Altman, has reached 15 million global users. Despite facing privacy and regulatory controversies, the technical aspect shows a descending wedge pattern, and the anticipated release of OpenAI's new GPT-5 is expected to boost market confidence. If WLD can break through the resistance at $2.50, it is likely to return to $4 and even challenge the previous high of $11.74.

Conclusion

On August 7, the Crypto Assets market saw a strong Rebound in popular assets such as XRP, ADA, and WLD, driven by multiple favorable factors and regulatory policies. As the end of the year approaches, with both technical and fundamental support, these coins are expected to reach new highs. Investors should closely monitor key support and resistance levels to seize opportunities in the new market cycle.