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As investors scrutinize the crypto sphere in search of the next surge, one question lingers: does Bitcoin still dominate, or are altcoins, like XRP or Ethereum, taking over? According to CredibleCrypto, an analyst followed by over 450,000 followers, XRP seems to be playing the lead role. In this article, let’s dive into the technical signals and strategies revealed by this expert to understand why XRP attracts so much attention.
XRP from Ripple: An explosive dynamic to watch
The Ripple news: analyst CredibleCrypto is clear: XRP is currently the star of the crypto charts. With a price of around $2.17, XRP presents a classic yet powerful technical setup: an inverted “head and shoulders” pattern. This bullish signal could herald a spectacular jump of 65%.
According to the analyst:
“Still the most bullish chart in the entire crypto space from the lows. Just a powder that’s building pressure.“
Such an explosion could be facilitated by:
- The stabilization of XRP around key support zones;
- A predictable rejection of D3 resistances;
- Increasing interest from whales and institutional traders.
Meanwhile, movements on XRP/USD and XRP/BTC suggest optimal entry opportunities for traders ready to anticipate volatility. With an enthusiastic community and strong technical potential, Ripple appears well-positioned for a rally.
Crypto Trading: When Ethereum Plays the Waiting Card
In contrast to XRP, Ethereum (ETH) is navigating a zone of uncertainty. Currently at $3,345, their analyst forecasts a fluctuation between $3,000 and $3,800 before a possible correction to $2,800. For those favoring a long entry, the ETH/BTC pair remains strategic, although a pullback to 0.027 BTC is anticipated before a potential rebound.
CredibleCrypto also noted on X: “This could be the epic entry of this cycle, marking the pico low of ETH/BTC.”
However, this wait is accompanied by some restlessness:
- The slowness of the market could pave the way for pumps on certain altcoins;
- Methodical profit-taking strengthens liquidity;
- Traders are watching key areas like vultures ready to pounce.
For the price of Ethereum, the path towards a new peak beyond $6,000 might still require months of patience, but the fundamentals remain strong.
XRP holders rejoice: bullish indicators, combined with the growing appeal of the RLUSD stablecoin, offer bright prospects. Some even dare to envision an XRP reaching $100 by 2025. The future will tell if Ripple turns these hopes into reality.
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La révolution blockchain et crypto est en marche ! Et le jour où les impacts se feront ressentir sur l’économie la plus vulnérable de ce Monde, contre toute espérance, je dirai que j’y étais pour quelque chose
DISCLAIMER
The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.
