- Bitcoin holds above the $67,000 and prepares to attempt a break out on the weekly chart.
- Predictions for a Bitcoin (BTC) and Ripple’s XRP grow more bullish.
- XRP price is expected to hit $40 this bull cycle.
Bitcoin (BTC) holds strong above the $67,000 price level. This brings Bitcoin to a crucial stage, where the weekly close will determine the ability of Bitcoin to break through a 7-month-long resistance level. Breaking out of this would mean the start of the bullish Q4 as many analysts expect along with explosive gains across the crypto market.
Altseason Gains Momentum as BTC Attempts Breakout
With high expectations for Bitcoin in Q4 and even higher expectations for Q1, altseason steps closer and closer to the crypto market. A majority of altcoins are expected to make bullish moves in altseason so many could even set multiple new ATHs in the coming months following Bitcoin’s lead.
Predictions for BTC ATHs this bull cycle take it from $250,000 to $550,000. Explosive gains are certain if altcoins were to follow this lead. Besides BTC predictions supporting this surge, there is already the action of various altcoin activity showing bullish signals across their own price charts.
How Far Will XRP Go This Bull Run?
Some altcoins like SUI and FET have already been pumping steadily while other assets like XRP, VET, SHIB, and ADA have been forming bullish pump signals on their price charts. Presently, under the spotlight for the moment in Ripple’s XRP. This asset missed its previous bull run due to its battle with the SEC.
Now with the successful close of the SEC vs Ripple case, many analysts expect XRP to make explosive market moves. According to the post above, XRP has confirmed another major bull signal in an overall market that looks to be regaining massive strength. This along with the Bollinger Bands tightening, predictions for XRP to pump reach highs of $40.
Crypto News Land, also abbreviated as “CNL”, is an independent media entity – we are not affiliated with any company in the blockchain and cryptocurrency industry. We aim to provide fresh and relevant content that will help build up the crypto space since we believe in its potential to impact the world for the better. All of our news sources are credible and accurate as we know it, although we do not make any warranty as to the validity of their statements as well as their motive behind it. While we make sure to double-check the veracity of information from our sources, we do not make any assurances as to the timeliness and completeness of any information in our website as provided by our sources. Moreover, we disclaim any information on our website as investment or financial advice. We encourage all visitors to do your own research and consult with an expert in the relevant subject before making any investment or trading decision.
