Gareth Soloway Offers a Positive Outlook for XRP, BTC, and ETH

Gareth Soloway bitcoin ethereum XRP analysis has become one of the most closely followed technical reads in crypto this cycle, and his latest assessments suggest the market still has room to run in the short term. 

The Chief Market Strategist at VerifiedInvesting.com has raised his near term price targets across all three major assets: $73,000 to $74,000 for Bitcoin, $2,000 for Ethereum, and $1.25 for XRP. 

As of early July 2026, BTC trades near $63,000, ETH near $1,772, and XRP near $1.14, meaning all three are tracking within Soloway's projected paths but have not yet hit his upside targets. The catch: he also warns that the broader downtrend may not be finished.

Key Takeaways

• Gareth Soloway raised his short term Bitcoin target to $73,000 to $74,000 after identifying a confirmed double bottom and inside bar pattern, while noting that a larger drop below $50,000 remains possible later in the cycle.
• His Ethereum target sits near $2,000 following a breakout through a key trendline, with the $1,800 level acting as intermediate resistance that ETH is currently approaching.
• XRP broke out of a multi month wedge pattern, with Soloway setting a swing trading target of $1.25 and expecting a healthy retrace to the $1.10 to $1.15 range before the next leg up.

If you want to trade BTC, ETH, or XRP based on Soloway's technical levels, you can register on Bitrue where all three tokens are available on spot and futures markets.

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What Gareth Soloway Sees in the Charts Right Now

Soloway's approach is rooted in classical technical analysis. He reads price structure, candlestick patterns, and trendline geometry rather than relying on on chain metrics or fundamental narratives. 

That is worth understanding before evaluating his calls, because it means his targets are chart derived and time bound. These are swing trading setups, not long term forecasts.

The core pattern he identified across all three assets is the inside bar. In his analysis, an inside bar forms when one or more candles trade entirely within the range of a prior candle, signalling that neither buyers nor sellers are in control. 

When this pattern appears after a sharp sell off and the inside bars are red (bearish) but fail to break below the green (bullish) reversal candle, Soloway reads it as smart money accumulation. 

The idea is that institutional buyers are quietly absorbing supply while retail traders remain fearful.

He pointed out that a nearly identical setup preceded Bitcoin's earlier run from $64,000 to $83,000 in this cycle. 

Three consecutive red candles failed to close below the initial green reversal candle, and the move that followed was aggressive. 

Soloway sees the current formation carrying similar characteristics, with BTC having bounced from approximately $57,800 and now sitting near $63,000 as of early July.

What makes his read different from the average crypto analyst is the level of pattern specificity. He does not simply say "the chart looks bullish." 

He identifies the exact candle structures, names the pattern type, and lays out where the setup invalidates: if Bitcoin's closing price drops below $58,000, the short term bullish thesis breaks. That kind of defined risk framework is what separates a trade from a guess.

Read also: Why Investors Are Shifting from Bitcoin and Ethereum to XRP

Bitcoin, Ethereum, and XRP: The Specific Price Targets

For Bitcoin, Soloway raised his short term target to $73,000 to $74,000. This zone coincides with a descending trendline from Bitcoin's previous highs, which he expects to act as significant resistance. 

The BTC price outlook remains bullish as long as the $58,000 support holds on a closing basis. Bitcoin currently trades near $63,000, roughly 16% below his upper target, which in crypto terms represents a moderate move that could unfold over days rather than weeks.

For Ethereum, the read is constructive. Soloway noted that ETH broke through an important trendline structure, which shifted the short term bias to the upside. 

The first key resistance sits at $1,800, which is the level ETH needs to clear before a test of the $2,000 area becomes realistic. 

As of early July, ETH trades near $1,772, meaning it is right at the doorstep of his first target. Soloway took partial profits on his ETH position at a roughly 10% gain, a standard money management approach, while keeping the remaining position open in anticipation of a possible ETH price outlook improvement if altcoin season begins.

For XRP, Soloway described the chart as "one of the better charts, believe it or not." 

The token broke upward from a multi month wedge pattern that had been in place since early 2025, and the length of that consolidation is significant in Soloway's framework: the longer the base, the larger the potential move. XRP has risen from approximately $1.02 to $1.17 since the breakout. 

He expects a retrace to the $1.10 to $1.15 range before another push higher, with his swing trading target set at $1.25. The bottoming tail visible on the chart gives him additional confidence that a floor is in place for at least one to two months.

The Bigger Picture: Why Soloway Still Warns of a Drop Below $50,000

Here is where his analysis becomes less comfortable for bulls. Despite the positive short term outlook, Soloway is clear that the larger downtrend may not be over. 

He views the current rally as a temporary recovery within a broader bear market base building process, not the start of a new bull cycle.

On a longer time frame, he still believes Bitcoin could drop below $50,000 before the bear market fully concludes. 

He describes this final phase as typically completing in a rounded bottom or cup and handle pattern, a process that takes months to develop and usually involves one final flush of selling pressure. 

The trigger for that scenario would be a broad risk off event where capital simultaneously exits crypto, gold, biotech, and other high volatility sectors.

This dual outlook, bullish in the short term and cautious over the longer horizon, is not contradictory. 

Swing traders can profit from multi week rallies even within a bear market, as long as they respect the levels where the setup invalidates. 

Soloway's framework provides clear entries, targets, and stop levels for each asset, which is ultimately more useful than a vague directional call.

For traders, the practical takeaway is that BTC, ETH, and XRP all have defined upside targets that remain in play, but position sizing and risk management should reflect the possibility that these are bear market bounces rather than the beginning of a sustained trend reversal. 

The $58,000 BTC level, the $1,800 ETH resistance, and the $1.10 XRP retrace zone are the numbers to watch in the coming weeks.

Read also: How XRP Outperformed Bitcoin, Ethereum, and Solana

How to Trade BTC, ETH, and XRP on Bitrue

Bitrue offers spot and futures trading across all three assets Soloway covers, giving you flexibility to act on these technical setups with the order types that match your strategy. Here is how to get started in 5 steps.

1. Sign up for a Bitrue account at bitrue.com and complete the KYC verification process to unlock full trading features.
2. Deposit funds into your account using a supported cryptocurrency or fiat payment method.
3. Navigate to the spot or futures market and search for the BTC/USDT, ETH/USDT, or XRP/USDT trading pair.
4. Place a market order for immediate execution or a limit order if you want to enter at a specific price level aligned with Soloway's targets.
5. Monitor your position and close it when you reach your target or if the setup invalidates at the levels outlined above.

Bitrue supports a range of tools including copy trading and advanced order types, making it a practical platform for executing technical strategies across multiple assets.

Conclusion

Gareth Soloway's analysis offers a structured, technically grounded read on the three largest crypto assets at a time when sentiment is divided between fear and cautious optimism. 

His short term targets of $73,000 to $74,000 for BTC, $2,000 for ETH, and $1.25 for XRP all remain in play as of early July 2026, with each asset tracking within his projected path. 

The caution he attaches about a possible larger bear market bottom is equally important and should inform how traders size their positions. For those looking to trade these setups, Bitrue provides a reliable platform with spot and futures access to all three tokens.

FAQ

Who is Gareth Soloway?

Gareth Soloway is the Chief Market Strategist at VerifiedInvesting.com, known for his technically rigorous chart analysis across stocks, commodities, and crypto.

What is Soloway's Bitcoin Price Target?

His short term target for Bitcoin is $73,000 to $74,000, corresponding to a descending trendline resistance, while his longer term view warns of a possible drop below $50,000 before the bear market ends.

What is Soloway's XRP Price Target?

He set a swing trading target of $1.25 for XRP after the token broke out of a multi month wedge pattern, with an expected retrace to $1.10 to $1.15 before the next move up.

Does Soloway Think the Bear Market is Over?

No, he views the current rally as a short term recovery within a larger bear market base building process, not the beginning of a new bull cycle.

Where Can I Trade BTC, ETH, and XRP?

All three tokens are available on Bitrue for both spot and futures trading, with multiple USDT pairs and advanced order types.

Disclaimer: The views expressed belong exclusively to the author and do not reflect the views of this platform. This platform and its affiliates disclaim any responsibility for the accuracy or suitability of the information provided. It is for informational purposes only and not intended as financial or investment advice.