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Some cryptocurrency enthusiasts are making eye-catching predictions about XRP. They suggest that buying just 1,000 tokens could set investors up for life by the end of this decade. Related Reading: Crypto Holders Beware! New Malware Drains ETH, SOL, XRP Wallets Online Influencers Push Optimistic XRP Price Targets Based on social media comments, XRP supporter Duefe recently asserted that holding 1,000 coins could be sufficient to gain “a joyful and free life” by 2029. This is a remarkable prediction based on prices now. Based on today’s price of $2.17 per token, 1,000 XRP would be worth $2,170. For this modest investment to equal $1 million – a figure many believe is required for early retirement – every XRP would have to reach $1,000. This kind of expansion would necessitate a price increase of more than 45,900% from where they are today. 1000 XRP is enough for a joyful and free life. Just hold until 2029.$XRP — Duefe (@cryptoshab) April 14, 2025 Other voices within the XRP universe concur. Edo Farina, one of the best-known advocates, has gone so far as labeling the choice to not hold a minimum of 1,000 XRP as “insanity,” according to reports from within the crypto space. Not owning at LEAST 1,000 $XRP is the definition of insanity. ???? Full Video: https://t.co/hWuxKcPx6E pic.twitter.com/j05yZ4ei6Q — EDO FARINA ???? XRP (@edward_farina) March 17, 2025 Wallet Data Shows Limited Distribution Statistics from the XRP Rich List indicate that a mere 230,500 wallets now hold between 500 and 1,000 units. Of the 6.38 million total wallets out there, only 10% (approximately 638,000) have 2,500 tokens or more. These statistics indicate that if such astronomical price rises did happen, the wealth would be in the hands of a relatively small number of early adopters. Price Projections Differ Considerably Among Experts Not every prediction sets its sights as high as $1,000 per token. Some estimate XRP could hit at least $25 by 2029. Although this is well below the $1,000 it would take to convert 1,000 XRP into $1 million, it would still be a return of about 1,000% above today’s price. Others think the $1,000 price could be achieved, but within a longer timeframe of around a decade. Related Reading: Solana Hits Milestone As Canada OKs First Spot ETFs XRP Holder Count Steady At 4.81 Million Over The Past Month Meanwhile, the count of XRP holders on the mainnet has been incredibly stable between March 18 and April 15, staying close to the 4.81 million mark based on data from CoinCarp. The stability indicates that investor sentiment for XRP has been stable, with no indication of large-scale accumulation or large-scale exits. In the face of market uncertainty or price oscillations in the same time frame, holders of XRP seem to be holding steady, perhaps indicative of faith in the long-term value of the token or a wait-and-see attitude among retail and institutional players alike. Data also indicates a more mature base of holders who are not responding irrationally to short-term price swings. Featured image from Pexels, chart from TradingView

Ethereum (ETH) has plunged 30% over the past two weeks, reflecting broader weakness across the crypto market as the global economy reels from escalating tariff wars. Crypto analyst Ali Martinez warns that ETH could fall even further in the near term, potentially testing the $1,200 level. More Pain For Ethereum, But A Recovery Is Possible Ethereum continues to struggle amid global economic pressures. The world’s second-largest cryptocurrency by market cap has dropped another 8.3% in the past 24 hours and is currently trading in the mid-$1,000 range. Related Reading: Is Ethereum Breaking Free from the Bear Trap? Analysts Weigh In Commenting on the recent price action, seasoned analyst Martinez highlighted that ETH could find key support at the $1,200 mark. He shared the following daily chart of ETH, showing how the digital asset has broken through multiple support levels since December 2024, when it was trading near $4,000. Meanwhile, renowned analyst Carl Moon noted that ETH is currently trading below its realized price of $2,000. He pointed out that the last time this occurred – back in March 2020 at the height of the COVID-19 pandemic – ETH had dropped from $289 to $109. On a more optimistic note, Moon added that ETH recovered swiftly after that steep decline. Based on historical trends, the current price level could present a potential buying opportunity for long-term investors. For those unfamiliar, the realized price for accumulation addresses – as shown in the above CryptoRank chart – represents the average price at which long-term holders acquired ETH. This metric has historically acted as a strong support zone. Is ETH About To Surprise The Market? With market sentiment approaching historical lows, confidence in ETH appears to be dwindling. The Ethereum Fear & Greed Index currently sits at 20, indicating “extreme fear” among investors. Related Reading: Is Ethereum Repeating Its 2020 Trend Reversal? Analyst Predicts ETH To ‘Explode’ In Q2 2025 Despite the bearish mood, some on-chain metrics and historical patterns suggest ETH could be on the verge of a strong bullish reversal – potentially catching investors off guard. For example, crypto analyst Mister Crypto recently drew a comparison between ETH’s current price action and that from 2020, suggesting that Ethereum could embark on a price rally by Q2 2025. Similarly, Ethereum’s Market Value to Realized Value (MVRV) Z-score hints that ETH may be undervalued at current price. The last time it was this undervalued – in October 2023 – it witnessed a sharp rally of 160%. That said, not all indicators are bullish. Rising ETH exchange reserves continue to raise concerns about potential sell pressure from holders. At press time, ETH is trading at $1,457, down 8.3% over the past 24 hours. Featured image from Unsplash, charts from X and Tradingview.com

Major cryptocurrencies plunged to multi-month lows today as investors sold off digital assets amid broader market concerns. XRP fell to $1.65, Bitcoin dropped to $74,100, and Ethereum crashed to $1,390 in what analysts are calling a significant market correction. Related Reading: Ethereum Slips Below Triangle—Is A $1,600 Crash Next? XRP Loses 20% In Single Day According to market data, XRP experienced its worst trading day since November 2024, falling 20% from $2.11 to $1.65. This sudden drop comes as part of a wider sell-off affecting the entire cryptocurrency sector. The biggest cryptocurrency by market cap, Bitcoin, also experienced steep losses, reaching $74,000 – a five-month low. It seems even more dire for the holders of Ethereum, who have seen their investment decrease in value by 60% over the last 90 days, bringing prices to pre-early 2023 levels. Market Veterans Point To Previous Recoveries While fear spreads among newer investors, some cryptocurrency observers are calling for calm by mentioning earlier market downturns that eventually translated into record-breaking gains. REMEMBER THE COVID CRASH IN 2020… $BTC was $3,850 $ETH was $100$XRP was at $0.11… And all these projects went on to create millionaire’s over the next few years! In times of crisis, you can follow the masses or go against the heard. ???????? pic.twitter.com/RzGsOEtkkB — Good Morning Crypto (@AbsGMCrypto) April 7, 2025 Good Morning Crypto host Abdullah Nassif put followers in perspective by reminding them of the 2019 COVID-19 market crash. According to his statements, Bitcoin fell as low as $3,850 back then, with Ethereum selling as low as $100 and XRP falling to a low of $0.10. The bounce back from those lows was significant. Bitcoin subsequently hit $69,000 in 2021 and $110,000 at its latest high – gains of 1,700% and 2,750% respectively on the 2019 low. That would mean an investor who put $40,000 into Bitcoin in the 2019 crash could have had their assets increase to more than $1 million by January 2025. Optimism Despite The Sell-Off Certain market players feel the current downtrend is a short-term affair and could bring with it the kind of buying opportunities seen during past market downturns. According to some analysts, although investment during times of market stress is a courageous step, past experience suggests such investments often pay dividends. Market observers hypothesize that if XRP were to mirror its historic 30-fold increase from present levels, investors who own about 22,500 XRP tokens (currently valued at about $40,000) may be able to see their positions hit $1 million. If we do a quick math, that would mean that XRP would have to have a price of $50 per token to hit the vaunted million-dollar mark. Related Reading: XRP Will Explode—And This Korean Expert Says He’ll Be ‘Laughing’ At Critics Similar Pattern Observed With XRP XRP has followed a comparable trajectory since its March 2020 low of $0.11, despite facing legal challenges from the Securities and Exchange Commission. The token reached $1.96 in 2021 and $3.40 in the current market cycle. These figures represent approximately 30 times growth from the 2020 bottom. Anyone who invested $40,000 in XRP during that period might have seen their investment grow to over $1.23 million by early 2025, according to the analysis. Featured image from Gemini Imagen, chart from TradingView

XRP is probing critical support levels as the cryptocurrency market struggles with chronic volatility. The digital asset currently trades at $1.98, a daily trading volume of $10.50 billion and market value of $115 billion. Over the last 24 hours, XRP has declined by 7.7%, which mirrors larger market trends. Related Reading: XRP’s Rise To Rarity: Only 1% May Afford It, Expert Says Bitcoin’s Roller Coaster Affects Altcoin Market Bitcoin’s recent price move to $81,700 and subsequent sharp pullback has sent ripple effects throughout other cryptocurrencies. The move has sent investors into fear, with pressure on XRP and other alternative digital currencies. Traders are now observing key price levels to see if support will break or hold. Macroeconomic Factors Add To Market Tension Political events are creating a second level of unpredictability in the prices of cryptocurrency. In its report, agreed-on retaliatory tariffs by US President Donald Trump– with the aim to increase government revenues and establish what he calls “fairer international commerce” — have spurred fears of an impending trade war. These are some of the reasons behind today’s crypto market volatility. #XRP – April Candle Formation Forecast April is shaping up to be a dynamic month where we’ll see tests at both ends of the range. Here’s what to expect: 1⃣ Lows Testing: #XRP will likely revisit the lows around $1.90-$1.79—this will be a wicking process. 2⃣ Highs Testing:… pic.twitter.com/6RqfsLX5OS — EGRAG CRYPTO (@egragcrypto) April 2, 2025 Analyst Foresees Possible Test Of Lower Support In spite of the present downward pressure, one market observer envisions potential upside in the future. Crypto analyst Egrag Crypto predicts XRP will enter a testing period, possibly falling to the $1.90 to $1.79 levels before trying to move upward toward $2.80 to $3.00. According to this analysis, if prices hit the anticipated bottom, a rally of as much as 70% might ensue. Lull Period Pre-Surge The price history of the cryptocurrency depicts cycles of protracted periods of quietness preceded by explosive bursts. With recent market conditions contributing to a perfect storm of inputs, investors are closely watching price charts for subtle early indications of XRP’s next big move. RP has tended to catch investors off guard with unanticipated action, and April could be a decisive month for the coin. Traders are bracing for a few different scenarios: more consolidation, a breakout, or a sudden market change. Related Reading: XRP To $27 In 60 Days? Analyst Sees Deja Vu In Price Action April May Mark End Of Consolidation Meanwhile, several market watchers define XRP’s present trend as a period of consolidation that usually precedes considerable price action. According to analysts, this phase could end soon, potentially propelling XRP into more robust positive momentum. A final test around the $2 level may be used as a springboard for what some expect to be a major breakthrough. While near-term uncertainty exists, the long-term picture is cautiously optimistic from the perspective of market observers. Technical signals alongside economic fundamentals indicate a phase of heightened price activity in the next few weeks. Featured image from Gemini Imagen, chart from TradingView

Although sentiment toward Ethereum (ETH) remains largely pessimistic, crypto analyst Mister Crypto predicts that the second-largest cryptocurrency by market cap could be on the verge of a parabolic rally, mirroring its historical price action from 2020. Ethereum About To Witness A Change Of Fortune? Following US President Donald Trump’s highly anticipated reciprocal tariff announcement, the crypto market took a sharp plunge, wiping out over $140 billion in the past 24 hours. During this period, ETH tumbled by 5% and is at risk of setting fresh cycle lows in the $1,700 range. Related Reading: Is Ethereum Breaking Free from the Bear Trap? Analysts Weigh In Despite the negative sentiment, crypto analyst Mister Crypto suggests that ETH may soon experience a sharp momentum shift. In an X post shared earlier today, the analyst noted that while retail investors may have abandoned ETH, large investors – commonly referred to as whales – have not. Mister Crypto shared the following chart, highlighting striking similarities between ETH’s current price action and its 2020 trajectory. He added that if history repeats itself, ETH could see strong bullish momentum in Q2 2025. Fellow crypto analyst CryptoGoos echoed Mister Crypto’s perspective, arguing that ETH is “extremely undervalued” at its current price levels. The analyst also shared a chart illustrating how ETH whales are accumulating the asset at a record pace. The data reveals that wallets holding between 10,000 and 100,000 ETH have been accumulating at an accelerated rate since early 2025. This trend persists despite ETH’s decline from approximately $3,350 on January 1 to around $1,700 at the time of writing. Another cryptocurrency analyst, Crypto Caesar, noted that ETH is likely approaching a bottom, as it is currently trading near the same price level it held four years ago. However, he cautioned that if ETH breaks below its current support, it could decline further to the $1,200 range. ETH May Have More Pain Ahead While whale accumulation suggests long-term optimism for ETH, some analysts warn that further downside may be imminent before a potential recovery. In a recent analysis, crypto market expert Cryptododo7 predicts that ETH may eye bearish targets around $1,130 to $1,200. Related Reading: Ethereum Flashing Bullish Signals, But Rising Exchange Reserves Raise Concerns – Details Similarly, analyst CryptoBullet highlighted that ETH has now touched the 300-week moving average for only the second time in its history – an event that has historically signalled a bearish trend. Despite these cautionary outlooks, market commentator Titan of Crypto recently stated that ETH is still on track to reach new all-time highs later this year. At press time, ETH trades at $1,777, down 5% in the past 24 hours. Featured image from Unsplash, charts from X and Tradingview.com

Ethereum’s chances of reaching the $20,000 level are fueling debate among investors and analysts. The success of the Ethereum network is dependent on real-world usage and rising activity on its platforms, so it is an area of focus in the cryptocurrency space. Related Reading: Pi Coin Sinks 47% In 14 Days—What’s Behind The Massive Drop? Real-World Usage Is The Key Ryan Berckmans, an investor in Ethereum, thinks that the key to a $20,000 ETH price is practical use. He says that the high fees, while normally a disadvantage, are actually an indicator of faith in the altcoin. If users are paying more, it is because they trust in the value of the network. Berckmans makes the comparison with Bitcoin, which continues to hold value despite 99% of its usage being centralized. He reiterates that Ethereum needs to pay attention to developing its real-world growth if it is to replicate this success. For ETH, real world growth is the answer. How do we get ETH to $20k? Fee value accrual obviously isn’t necessary to drive the required public confidence for a high token price, otherwise BTC would be worthless because 99.999% of BTC activity is centralized and doesn’t accrue… — Ryan Berckmans (@ryanberckmans) March 29, 2025 Importance Of High Fees Restoring high total fees is critical for Ethereum’s price increase. Berckmans argues that even if a hypothetical scenario sees $1 trillion in stablecoins on Ethereum’s Layer 1, it wouldn’t be enough without high fees to back it up. He suggests that the Ethereum network must prioritize robust growth to ensure that investor confidence is restored. Without this growth, reaching the ambitious target of $20,000 seems unlikely. Scaling Through Layer 1 And Layer 2 Berckmans stresses the need for more Layer 1 applications and better integration with Layer 2 solutions. This expansion is vital for sustainable growth. Ethereum must increase the distribution of its Layer 1 assets to Layer 2s while also diversifying the solutions available on Layer 2. This kind of scaling is essential to accommodate growing network activity and user demand. Focusing On Utility-Driven Growth As Ethereum celebrates the 10-year anniversary of its mainnet, Berckmans insists that the network has come a long way but still has much further to go. Related Reading: Bitcoin And Ethereum Face $14 Billion Options Expiry—Market Impact Ahead? Ethereum is the most capitalized blockchain by application but will need to scale dramatically to maintain its position. By prioritizing the development of a culture centered around real-world uses and economic development, the crypto asset can build a bridge to its price target. The Ethereum network is at a crossroads. The altcoin needs to maximize real-world usage and have growth at the top of its agenda. In doing so, it may well hit that much-sought $20,000 target in the future — at least according to Berckmans. Featured image from Gemini Imagen, chart from TradingView

Bitcoin is gaining considerable momentum, with the big boss of Bitwise Asset Management having strong faith in the cryptocurrency’s prospects. The time has come for Bitcoin, says Bitwise CEO Hunter Horsley, citing the convergence of several forces behind its rising popularity and worth. This is while digital assets still hold the interest of both institutional investors and the public. Related Reading: XRP Price Imminent Breakout: $5.30 On The Cards, Analyst Says Big Institutions Onboard One of the most significant changes in the financial sector is the increasing interest from large institutions. Horsley pointed out how companies such as BlackRock, which had earlier been critical of Bitcoin, are now significant holders. Bitcoin is a big idea who’s time has come — Hunter Horsley (@HHorsley) March 26, 2025 This reversal on the part of institutional players in the financial space reflects broader recognition of Bitcoin as a legitimate asset class. The fact that these institutional players are now investing large amounts of money reflects long-term belief in the potential of Bitcoin. Easier Ways To Invest The introduction of Bitcoin Exchange Traded Funds, or ETFs, in the United States has made it simpler for large institutions and regular investors to get into Bitcoin. These ETFs allow people to invest in Bitcoin without the inconvenience of buying and owning the cryptocurrency. This accessibility has paved the way for additional capital to enter the Bitcoin market, which could stabilize prices and bring in a broader spectrum of investors. States Consider Bitcoin Reserves Surprisingly, some US state governments are considering the possibility of maintaining Bitcoin as part of their reserve funds. According to Horsley, a number of states are looking at bills that would enable them to buy and hold Bitcoin. If the trend gains popularity, it can result in serious Bitcoin purchases from these states, further influencing demand and possibly price. Related Reading: Dogecoin Set For 10x Surge? Elon Musk’s Anime X Post Sparks Hype Global Use Increases Outside of the US, there is also evidence of growing international demand for Bitcoin. Horsley noted that other nations are even employing the crypto in foreign trade. The Bitwise CEO points out that there has been a dramatic shift in the way individuals perceive Bitcoin. It’s no longer viewed by many as merely a speculative, fringe investment. Rather, it’s more a legitimate investment and a potential hedge against conventional financial systems. This change of sentiment, combined with growing institutional adoption, more accessible investment channels, state-level interest possibilities, and expanding international usage, is a reflection of a mature asset of great potential, said the Bitwise big boss. Nevertheless, as with any investment, don’t forget that the crypto market is volatile. Featured image from Gemini Imagen, chart from TradingView

XRP remains stuck around the $2 level, with experts issuing warnings of restricted near-term growth prospects. According to recent analysis, the digital currency is going through a phase of uncommon stability that has investors speculating about its next step. Related Reading: Shiba Inu ETF Proposal—Could This Be SHIB’s Breakout Moment? Investor Sentiment Dampens Market Momentum According to financial commentator Austin Hilton, millions of crypto traders have withdrawn from active participation. The market is stuck in neutral, as traders are simply waiting for a big event to set things into motion. The volumes of trade have been above $4 billion at peak levels, but the price itself remains virtually unchanged. Summer Slowdown Impacts Crypto Trading Analysts cite seasonal patterns as the major reason for XRP’s current behavior. Hilton describes how summer months usually experience lower trading volumes, with investors more inclined to engage in private activities than respond to market activity. This pattern might continue until July, possibly maintaining XRP’s price relatively stable. A realistic XRP price prediction! – Lets talk about the resistance levels for $XRP – Also, discussed are the support levels that you need to know about – What you need to know about your XRP holdings – so that you can navigate what is going on right now pic.twitter.com/h9kxG3a0Ex — Austin Hilton (@austinahilton) March 23, 2025 Price Barriers Create Market Challenges Technical analysis indicates key price levels for XRP. Resistance levels are found at $2.61 and $2.81, while support levels are at $2.22 and $2.31. Experts caution that in the absence of heavy buy pressure, the cryptocurrency might not be able to overcome these levels. Currently, XRP is trading at $2.44, with a modest 0.04% gain over the last 24 hours. XRP market cap currently at $141 billion. Chart: TradingView.com Long-Term Outlook Remains Hopeful Despite current market challenges, some experts remain optimistic. Market analyst Dom suggests the current price consolidation might indicate a strong foundation for future growth. Unlike previous market cycles where XRP experienced rapid price spikes and drops, the current stability suggests a more measured approach. $XRP There’s one reason I will be pretty surprised if $XRP does not go higher this year, read along – Every time $XRP has historically put in a multi month or year top, it did it quickly (as shown below) Essentially, it never showed any mid term acceptance at those higher… pic.twitter.com/RahjM2xHwz — Dom (@traderview2) March 24, 2025 A number of possible catalysts are on the horizon, such as developments in XRP ETF products, continued action in the SEC vs. Ripple case, and possible reserve disclosures. As of yet, however, none of these events have caused major market activity. Related Reading: Tron And Bitcoin: Will A Block Reward Cut Boost TRX Price? Institutional investors remain quietly accumulating digital assets, creating yet another level of sophistication to the current market dynamics. Hilton advises not to anticipate extreme price increases in the near term, highlighting that there needs to be a major positive event for drastic change. As the cryptocurrency market keeps growing, XRP investors are warned to keep close watch on the market conditions. The fourth quarter could see things pick up once again, but for the meantime, patience seems to be the main approach for those who possess the cryptocurrency. Featured image from Gemini Imagen, chart from TradingView

A well-known market analyst says some investors are giving up on XRP too soon, even though they predict a big price rise this year. Vandell Aljarrah, who helped start Black Swan Capitalist, can’t believe the ongoing pressure to sell XRP, which has kept the cryptocurrency trading below $2.50. Related Reading: Ethereum Whales Pounce On The Dip, Snag $236 Million In ETH In a statement on social media, Aljarrah spoke against the trend to sell and urged investors to stay strong, especially as the legal fight between Ripple and the SEC is about to end. He thinks the altcoin is set for big growth in 2025, with the chance to reach double-digit prices before the year ends. XRP will reach double digits this year. I can’t believe people are selling now. — Vandell | Black Swan Capitalist (@vandell33) March 21, 2025 Ripple’s Legal Win Brings Hope XRP’s recent price changes have been driven by good news in Ripple’s ongoing legal fight with the US Securities and Exchange Commission (SEC). Earlier this month, Ripple CEO Brad Garlinghouse shared that the SEC had stopped its appeal against the company, a move that quickly lifted XRP’s price by 10% on March 21. However, the excitement didn’t last, as XRP saw a drop the next day. The price fell back below $2.50, causing panic selling among some investors. Market watchers have criticized these sell-offs, with one commentator calling the sellers “paper hand whales” who can’t wait out tough times. they just love liquidating some $XRP fam. we can’t go a bit higher without some paper hand whales selling. anyways, more XRP for me. pic.twitter.com/dBP8txPx7h — Oscar Ramos (@realOscarRamos1) March 21, 2025 XRP’s History Of Price Jumps Despite the recent drops, XRP has a history of quick price jumps. Between November 2024 and mid-January 2025, the cryptocurrency soared by 550%, climbing from $0.50 to $3.40, its highest price in seven years. Even though the market corrected since, this performance has raised confidence in XRP’s long-term potential. Aljarrah is not alone in his positive view. Other analysts also made bold predictions for XRP. Alex Clay, for example, previously said that XRP would go up to $8 and then $10. Another analyst, EGRAG, shared these views recently, aiming for similar price targets. Double-Digit Predictions Get Attention The thought of XRP reaching double-digit prices is catching on among industry experts. Aljarrah suggested that the cryptocurrency could go beyond $10, maybe reaching as high as $13 or $18. These targets would need a big rise from XRP’s current price of $2.42. For XRP to reach $10, its value would have to go up by over 300%. To get to $13, it would need a 430% increase, while an $18 price would need a huge 640% rally. While these numbers seem big, some analysts think they are possible, especially if market conditions get better. Related Reading: XRP 2025 Surge Is Coming—And This Crypto Expert Knows Why Investors Urged To Hold On Reports say some XRP holders are selling because of financial issues. Aljarrah knows these challenges but asks investors to stay strong, stressing that patience is key to success in the long run. His words come as the crypto market deals with doubt amid bigger economic worries. At the moment, XRP is trading at $2.41, down 1.20% in the last 24 hours. As the market keeps changing, analysts and investors alike will keep a close watch to see if XRP can hit its big targets in the coming months. Featured image from Gemini Imagen, chart from TradingView

The supply of Ethereum on cryptocurrency exchanges has declined to a level not seen since November 2015, a key indicator of the dramatic change in how investors are storing the digital currency. Based on recent data, around 8.97 million ETH are in their possession now. This shortage comes as the price of Ethereum has taken a precipitous decline. Related Reading: 1 Million Bitcoin In New Whale Hands—A Mega BTC Rally On The Horizon? Supply Tightens On Exchanges The declining volume of Ether on exchanges is an indication that the holders are taking their money elsewhere in growing numbers. One of the main reasons behind this is the rise of decentralized finance, or DeFi for short, according to a recent examination by Santiment. People are interacting with several DeFi protocols with their Ethereum to lend liquidity or earn rewards. Another principal element is the expansion of staking, whereby ETH owners “lock up” their coins to help secure the network and be rewarded while doing so. Therefore, there is fewer Ethereum to sell on the exchanges. ???? Thanks to the many DeFi and staking options, Ethereum’s holders have now brought the available supply on exchanges down to 8.97M, the lowest amount in nearly 10 years (November, 2015). There is 16.4% less $ETH on exchanges compared to just 7 weeks ago. ???? pic.twitter.com/r5957wPhLi — Santiment (@santimentfeed) March 20, 2025 Ethereum Price Takes A Hit Despite the lower supply of Ethereum on exchanges, which some would expect to drive prices up because of scarcity, the opposite has occurred. Based on latest figures, the price of Ethereum has dropped by about 45% from its December high. On March 21, the price was about $1,899. Ethereum has been among the worst-performing major cryptocurrencies over the past few years. The cause for such a decline in price is varied and can involve overall market sentiment, macroeconomic conditions, and increased competition from other blockchain systems. Experts Share Their Thoughts Financial analysts are giving their opinions regarding what this means for the future value of Ethereum. Standard Chartered, a well-known financial institution, has recently reduced its year-end price target for Ethereum. They now predict a price of $4,000 at the end of the year, a significant drop from their previous estimate of $10,000. The primary purpose of this revision is the rising competition from Ethereum’s competitor layer-2 networks, which aim to provide faster and cheaper transactions on the Ethereum foundation blockchain. Users and traffic on such networks can be different from the central Ethereum network. Related Reading: XRP Turnaround Moment? Analyst Says It’s Lift-Off Time Upsides On The Horizon? Despite the current price hiccups, there are potential explanations why a recovery could be realized. One possibility is staking exchange-traded funds, or ETFs. If regulations allow ETFs that directly stake Ethereum, it could attract more institutional investment and increase demand. Featured image from Gemini Imagen, chart from TradingView

The road ahead for Bitcoin looks promising. At least, this is the prediction of Bitwise Chief Investment Officer Matt Hougan. According to the CIO, Bitcoin still has a big chance to hit $1 million by 2029 — despite its recent lackluster performance. Related Reading: Solana Marks 5-Year Journey – 400 Billion Transactions And Counting In a March 18 investor note, Hougan explained how Bitcoin responds to economic uncertainty. Bitcoin’s Complex Relationship With Economic Trends In his view, Hougan said Bitcoin doesn’t always function as the crisis hedge many buyers expect. The cryptocurrency sometimes moves in sync with the broader US stock market when major economic news breaks. This pattern appears to be repeating as markets await the 2025 Federal Open Market Committee (FOMC) Meeting this month. The Bitwise executive advises holding onto your crypto investment in spite of the current uncertainty. He cites past data that demonstrates Bitcoin price increases of more than 190% in the years after notable declines. This is what he labels as a “dip then rip” trend that may recur in the coming weeks or months. Million-Dollar Price Target Based On Discount Analysis Using the Discounted Cashflow Analysis (DCA), Hougan calculated that a $1 million BTC price in 2029 translates to a current value of $218,604 when applying a 50% discount factor. This projection supports Bitwise’s long-term forecast of up to $1.1 million per coin. With a modest price movement, the cryptocurrency has traded lately between $81,180 and $84,340. Though obstacles still exist, other analysts such as Ark Invest’s Cathie Wood have foreseen a “deflationary boom” that would help Bitcoin reach its full potential. US Government Involvement Could Shape Future Of Bitcoin Reports suggest that possible US government actions could have a major effect on the long-term future of Bitcoin. The proposed creation of a strategic Bitcoin reserve could indicate official acknowledgement of the relevance of the alpha coin. Senator Cynthia Lummis, meanwhile, has reintroduced the Bitcoin Act Bill, a move that appears to be building institutional investor confidence. Regulatory changes affecting Bitcoin are also spreading to other digital assets, particularly stablecoins. Related Reading: XRP Stumbles—But Analysts Still See A Path To $70 Macroeconomic Factors Influence Short-Term Price Action The Bitwise CIO also pointed out links between the success of Bitcoin and the US tariff wars. The main reason for Bitcoin’s price changes, according to his analysis, is that it is not as liquid as standard markets. In the short run, Hougan said that geopolitical tariff conflicts might make the market more liquid. If this trend keeps up, it could be good for Bitcoin because buyers are looking for safety from economic uncertainty. Featured image from Gemini Imagen, chart from TradingView

Analysts remained optimistic about XRP’s potential price surge, predicting that the crypto will pass the critical test and hit somewhere between $33 and $70 despite the setbacks that it is facing lately. Market observers expressed their confidence in the capability of XRP to bounce back amid the decline in its trading volume wherein investors saw a 20% drop. Related Reading: Solana Marks 5-Year Journey – 400 Billion Transactions And Counting XRP Faces Setbacks Reports said that the altcoin is currently facing some challenges to regain momentum for a bullish run as its price and trading volume went on a downward trend. As of writing, XRP is being traded at $2.33, down by 0.1% in the past 24 hours, which is higher than the $2.29 recorded on March 16. On the brighter side, XRP showed some resilience despite the current near-term pressures after posting a 9% increase in the past week. Many analysts have mixed opinions on the price movement of XRP because of these figures. However, some market observers maintained a positive outlook on the long-term of the crypto despite its near-term struggles. #XRP – Today’s Price Action Analysis The Blue Channel is providing a clear indication of #XRP‘s next move. I’ve noted that the equilibrium has been established and is resting on the lower edge of the Blue Channel, making a mini bounce quite apparent In the below previous post.… https://t.co/W3FaTyEkSA pic.twitter.com/SSNxBAY2A5 — EGRAG CRYPTO (@egragcrypto) March 15, 2025 Can XRP Hit $70? One of the crypto analysts who remained confident on XRP is Egrag Crypto, who made a bold prediction on a possible surge. He said that XRP is operating on a cycle that might result in huge price levels in the future. Egrag Crypto believes that XRP could potentially hit anywhere from $33 to $70 in the upcoming months, putting into consideration both its short-term volatility and long-term potential. “I’ve been closely analyzing the strength of Wave 1 across various crypto charts, and after reviewing multiple projects, I’ve noticed a compelling pattern in #XRP that could signal a potential cycle top,” the analyst explained in a post. The crypto analyst expressed confidence in the percentage formulas he used to determine XRP’s price direction, adding that he identified two main targets: Stick 2 and Stick 3, which pertain to $33 and $70. #XRP – 3rd Stick Post ($33 – $70) ???? I’ve been closely analyzing the strength of Wave 1 across various crypto charts, and after reviewing multiple projects, I’ve noticed a compelling pattern in #XRP that could signal a potential cycle top. By applying percentage formulas, I am… pic.twitter.com/EXok7CBTW1 — EGRAG CRYPTO (@egragcrypto) March 16, 2025 “Loving the Wave 1 deep dive—XRP got that fire, right? Your cycle analysis is spot on—668% vibes from $0.50 to $3.84, then stacking it again feels spot on, doesn’t it? And those percentage formulas—$33 to $70—Stick 2 and Stick 3, spot on targets—50% and 80% discounts make total sense,” @terryki04112392 commented on Egrag’s post. Related Reading: XRP $15 Breakout? Not A Far-Fetched Idea—Analysis Resistance Levels The crypto expert explained that XRP is currently sitting in a price channel that will influence where it will be heading, adding that the crypto’s price is near $2.83, a critical level that could project strength. The analyst said that once XRP hits that level, this might propel the cryptocurrency to move towards $4.20 in the near term but if the coin fails to have a firm grip above the current levels, it might test support levels below. According to the analyst, $2.40, which was the previous day’s high, and $2.97, which was the week’s high, are two key levels to keep an eye on. Featured image from Gemini Imagen, chart from TradingView

An analyst revealed on Friday that Bitcoin might suffer a 91% decline from the coin’s all-time high of $109,000 per coin in January 2025, suggesting that the most popular cryptocurrency could potentially crash.  Related Reading: 200 Million XRP On The Move—Is Ripple Preparing For A Big Play? Mike McGlone believes that the firstborn crypto might plummet to a low of $10,000 per coin, reigniting concerns that Bitcoin might experience another deep correction similar to 2011 when Bitcoin dipped by as much as 92%. BTC To Crash To $10K? McGlone, a Senior Commodity Strategist at Bloomberg Intelligence, predicted that Bitcoin might be heading to what he described as a devastating collapse, resulting in the crypto sliding to $10,000. “Bitcoin Back to $10,000? Peak Leveraged Beta Risks, Rising Gold – #Gold is up about the same amount in 2025 to March 13 — about 15% — that #Bitcoin is down,” McGlone said. If Bitcoin will plunge to $10,000, it will represent a 90% decrease from BTC’s all-time high of $109,000 in January 2025. On the other hand, it will fall by 88% if based on its current price of about $83,000. Bitcoin Back to $10,000? Peak Leveraged Beta Risks, Rising Gold – #Gold is up about the same amount in 2025 to March 13 — about 15% — that #Bitcoin is down. But with Bitcoin at about $80,000, what stops those trajectories? About a 6% decline in the S&P 500 could suggest what… pic.twitter.com/aMgL0LANFt — Mike McGlone (@mikemcglone11) March 14, 2025 The analyst explained that Bitcoin is more likely to face a significant correction that might push it downward to $10,000. Historically, the firstborn crypto experienced a deep correction in 2011 when the BTC declined to 92% from its high at that time. Has The Crash Begun?  In an X post, McGlone suggested Bitcoin’s crash to $10,000 may have already started, citing that risk markets are showing signs of overheating while gold rises. The analyst explained that gold has increased by 1% while Bitcoin went down, saying, “But with Bitcoin at about $80,000, what stops those trajectories?”  “About a 6% decline in the S&P 500 could suggest what matters. The biggest #ETF launch in history, President Donald Trump’s shift to highly volatile and speculative #cryptos, and reelection could prove [a] peak-bubble akin to about 25 years ago,” he added in a post, suggesting that BTC might have reached the peak of a dot-com-style bubble. Rebuttal Of The Analysis Many Bitcoin proponents and analysts disagree with McGlone’s analysis, with one crypto analyst, David Weisberger countering the evaluation of the Bloomberg analyst, saying his assessment was flawed. Related Reading: TRUMP Token Takedown—Did Insiders Plan The Crash? “When one considers an option as an asset, THIS is what happens to one’s analysis. If there was ZERO increase in Bitcoin adoption and IF those who invested thinking Bitcoin will demonetize gold change their minds and IF the stock market correction turns into a rout, and IF “BETA” was stable, Then this scenario could play out,” Weisberger explained.  He argued that the scenario in McGlone’s analysis is unlikely to happen. “I think none of the above will happen with a chance the stock market crashes, which, of course, would trigger a flood of liquidity.” Featured image from Gemini Imagen, chart from TradingView

After dropping to less than $2 last March 11th, Ripple’s XRP springs back to life and it’s currently trading between $2.30 and $2.40. And with the US Securities and Exchange Commission vs Ripple case nearing its resolution, the market can expect more price volatility for this digital asset. Related Reading: 200 Million XRP On The Move—Is Ripple Preparing For A Big Play? Within this context, market analyst Ali Martinez boldly claims that Ripple’s native coin still have the legs to hit a two-digit figure this cycle, using an extensive symmetrical triangle formation as a solid basis.  Martinez’s view runs opposite the bearish statements from other commentators. XRP has been on a slide lately, affected by the broader crypto fall, dipping by around 25% from its $3.40 high achieved mid-January. XRP Gradually Builds Its Symmetrical Triangle Like most cryptos, XRP continues to have a highly volatile market performance. The token attempted a recovery early this month but met resistance, leading to a steep decline on March 11th. Interestingly, a few commentators remain bullish on the altcoin, including Martinez, who sees the token on track to reach $15. This is why $XRP can still reach $15! pic.twitter.com/vkIiR0rnpU — Ali (@ali_charts) March 14, 2025 In his latest commentary, shared via a Twitter/X posting, Martinez highlighted the seven-year symmetrical triangle formed by this asset, which dates back to January 2018, when it dropped from its $3.80 high. Even before Martinez shared this observation, several commentators reported the triangle’s formation, suggesting that a breakout could lead to a price run. The Ascending Trendline According to Martinez, XRP formed its lower highs in January 2018, extending the descending trendline on top. As the crypto witnessed higher lows during this time frame, it extended its ascending trendline below, creating a symmetrical triangle. Interestingly, XRP exited the symmetrical triangle structure following the November US elections. Ripple’s native token surged by 280% for the month, marking the biggest 30-day increase for the asset in seven years. Along with surprising traders, this breakout inspired fresh hope among XRP enthusiasts. While some experts noted that past breakouts do not automatically ensure continuous rallies, many saw this spike as evidence of possible long-term strength. Still, the dramatic price fluctuation sparked conversations on XRP’s future, particularly in light of further government changes and more general market movements. Ripple’s XRP is currently trading at $2.37, which is 2% up in the last seven days.  Related Reading: TRUMP Token Takedown—Did Insiders Plan The Crash? XRP Currently Retesting A Breakout After two months of upside, Ripple’s XRP is on a downturn, reflecting the broader crypto market sentiment. According to Martinez, XRP’s price is currently retesting the triangle chart breakout. He also suggested that even if XRP slips below $2, it’s still on track for a breakout, as long as it stays above $1. Armed with the charts, Martinez believes that XRP hitting $15 is not a far-out idea.  Featured image from StormGain, chart from TradingView

An analyst is expressing apprehension regarding the price movement of XRP, cautioning that the cryptocurrency may be on the brink of a significant decline. A bearish price pattern is forming on the charts, which, if confirmed, could result in a significant selloff. This is the source of the jitters, crypto analyst Steph said. Some traders are now of the opinion that the future of XRP is contingent upon its ability to maintain a critical support level. Related Reading: $931 Million Bitcoin On The Move: Mt. Gox Sparks Market Jitters Head And Shoulders Pattern Causes Concern The chart of XRP is exhibiting a typical Head and Shoulders pattern, which is a widely recognized indicator of a potential decline. The support line for this formation is $2, which is the critical level to monitor. In other words, XRP is on a freefall, according to Steph. #XRP HUUUUUGE WARNING!!!!!!!!! pic.twitter.com/lllwRykRsN — STEPH IS CRYPTO (@Steph_iscrypto) March 10, 2025 The pattern may result in additional losses if XRP descends below this threshold. The analyst, Steph, is of the opinion that this could result in XRP entering a downward trajectory, which would erase recent gains and test lower price levels. Some market observers concur, asserting that a decline below $2 could potentially lead to a price of $1.80 or lower. Market Pains: XRP Down 11% XRP is already under lot of pressure. In the last seven days, the altcoin has sustained an 11% loss. XRP is not impervious to the selloff; the overall crypto market has been having some headaches. Investors are keeping a careful eye on the matter since any protracted drop below $2 could cause even more significant losses. Some traders argue, however, that the present price behavior reflects normal volatility and believe that XRP has already experienced similar conditions and has rebounded effectively. Short Rebound Provides Short-Term Breather For the first time since November, XRP fell below $2. It made a weak recovery on Tuesday morning, closing at about $2.10. This recovery, however, does not guarantee safety. Many traders remain cautious, waiting to see if the bearish pattern plays out or if XRP can maintain its footing above key levels. Related Reading: XRP Set For A ‘Life-Changing’ Month? Expert Sees $27 Incoming Main Focus: $2 Support Level For XRP, the next few days will be critical. If buyers step in and hold the price over $2, the cryptocurrency might escape a more drastic drop. A break below this level, however, can lead to further losses if the selling pressure increases. Traders and investors will be closely monitoring this event, as it has the potential to significantly impact the short-term price movement of the altcoin. Despite the increasing market uncertainty, some analysts advise caution, while others believe that it could be an opportunity for those seeking to purchase at lower prices. Either way, the entire crypto community will be intently monitoring XRP’s next move. Featured image from Gemini Imagen, chart from TradingView

A prominent analyst in the cryptocurrency community once again gave his insight on the price trajectory of XRP this year, noting that the altcoin is ripe for a massive uptick in its price in the next few months. Egrag Crypto provided an analysis of a potential price uptrend for XRP if it follows the previous fractal, offering two possible dates when it will top the cycle. Related Reading: $931 Million Bitcoin On The Move: Mt. Gox Sparks Market Jitters Optimistic On XRP Despite XRP continuing to struggle to move away from its current bearish state, well-known crypto analyst Egrag remains optimistic about XRP reaching the top in the ongoing cycle. In an X post, Egrag Crypto explained the possible trajectory of the crypto’s price within the year, noting that if the coin follows the historical pattern from 2021 to 2024, a considerable price rally might be around the corner. #XRP – I gave two dates: Check below Post ???? https://t.co/GsPBBa7scu — EGRAG CRYPTO (@egragcrypto) March 10, 2025 It can be recalled that Egrag was the same market commentator who predicted the massive price uptrend from July 2024. Now, the analyst is once again making a forecast of possible price increase on XRP which could last a staggering 1,186 days. Two Possible Months Egrag Crypto said that his analysis showed two potential months wherein XRP reached the top of the cycle, presenting two cycles in his chart: Cycle A and Cycle B. “You’ll remember I predicted a pump starting in July 2024, based on the duration of Cycle ‘B’—spanning roughly 1,186 days from peak to peak. But guess what? Cycle ‘B’ no longer applies. So, we’re pivoting to Cycle ‘A’ as our new historical anchor for this thesis,” the crypto analyst revealed. As he pivoted to Cycle A, Egrag offered two possible months for XRP to peak, both of which are within 2025. According to him, the first possible month is May 2025, saying, “If Cycle ‘A’ repeats, we could see the top in May 2025. Cycle ‘A’ took about 1,492 days from peak to a new ATH.” However, Egrag provided an alternative month following another measurement of its peak. “But there’s another angle—if we measure from #XRP’s inception to Cycle ‘A’s peak, we’re looking at a potential top around September 2025, which would be about 1,614 days.” Related Reading: XRP Set For A ‘Life-Changing’ Month? Expert Sees $27 Incoming Room For Growth Crypto investors might be going through a lot of uncertainty with the current state of the digital asset sector but Egrag’s analysis provided some bright spots in XRP, showing that the crypto still has some room for growth, with the predicted uptrend in the upcoming months. “It’s a choice to be in the next 1%, or end up like the top 1% who got wrecked. My choice is simple – I’m sticking with this generational trade, adding to my bag with every opportunity,” Egrag noted. As of press time, XRP is being traded at $2.17 per coin with a market cap of more than $124 billion. Featured image from Gemini Imagen, chart from TradingView

Mt. Gox, the Bitcoin exchange that is now insolvent, has transferred 11,833.6 BTC, totaling approximately $931 million, to new addresses, in a significant development within the cryptocurrency community. The prospective impact of this action on the broader crypto market has sparked discussions. Related Reading: XRP Set For A ‘Life-Changing’ Month? Expert Sees $27 Incoming Bitcoin Movement: Details Of The Transfer According to blockchain research by Arkham Intelligence published on March 11, Mt. Gox made two notable Bitcoin transactions. The first transaction consisted of the 11, 501.58 BTC (about $905 million) being sent to an unknown wallet. The second transaction consisted of the transfer of 332 BTC (about $26.1 million) to a hot wallet. Context And Background This recent activity is the result of a succession of significant transactions by Mt. Gox. On March 6, the exchange transmitted more than $1 billion in Bitcoin to a wallet assigned the name “1Mo1n.” The most recent transfers were initiated by the same wallet, which is now acknowledged as an official Mt. Gox address. The current value of Mt. Gox’s holdings is approximately $2.85 billion, with an estimated 35,915 BTC. Market Consequences Historically, investors have expressed apprehension regarding the potential for sell-offs of substantial Bitcoin quantities from Mt. Gox, which could potentially lower the price of the flagship crypto. Nevertheless, the market’s immediate response to these recent transfers has been lackluster, indicating that the market may have already factored in these events or that the actual sale of these assets has not yet taken place. A Look Back At Mt. Gox’s History At one point, Mt. Gox handled up to 80% of all Bitcoin transactions worldwide, making it the biggest Bitcoin exchange in the world. The platform experienced a significant security breach between 2011 and 2014, which led to the loss of about 850,000 Bitcoin, which was worth about $500 million at the time. The exchange filed for bankruptcy as a result of this incident, leaving thousands of creditors in a precarious financial – and even psychological – situation. There have been attempts to pay back creditors in recent years. This restitution process includes the recovered funds, including the Bitcoins that are moving right now. The cryptocurrency community keeps a careful eye on the timing and format of these reimbursements since they have the ability to affect market dynamics. Related Reading: Bitcoin’s ‘Ugly Start’ – Weekend Sell-Off Pushes Price Near $80K The Bigger Picture The bitcoin industry has had several well-publicized security lapses over the years. For instance, the February 2025 hack on the Bybit exchange resulted in the theft of $1.5 billion worth of Ether tokens, making it one of the largest cryptocurrency thefts to date. The most recent $931 million Bitcoin transfer from Mt. Gox has spurred fresh discussions about the security and feasibility of cryptocurrency exchanges. Despite the scenario’s apparent lack of immediate market impact, it serves as a warning of the dangers and complexity inherent in the digital asset space. Featured image from Gemini Imagen, chart from TradingView

The recent decline in the price of Bitcoin to $80,000 has prompted speculation regarding whether this represents a sign of frailty or an opportunity to invest. Market watchers differ in opinion. While some view the drop as a passing setback, others see it as an opportunity. One analyst predicts that Bitcoin might yet reach $150,000 this year, which would inspire interest on its future. Related Reading: XRP Set For A ‘Life-Changing’ Month? Expert Sees $27 Incoming An Unexpected Drop In The Value Of Bitcoin Bitcoin tumbled to $80,000 over the weekend, marking its lowest point in months. This drop came after weeks of price swings that kept traders on edge. The selling demand was too strong, although many investors projected Bitcoin to stay above $85,000. Different elements helped to explain the fall. Rising US inflation concerns and a stronger dollar pressured risk assets, including cryptocurrencies. Some analysts, meantime, also noted profit-taking by long-term holders trying to lock in their gains after Bitcoin’s recent ascent. Analyst Anticipates $150K Increase Although the economy has experienced a decline, there are still individuals who are optimistic. Tom Lee, a renowned Bitcoin analyst, anticipates that the price will rebound and reach $150,000 by the end of the year. He claims Bitcoin bull runs are marked by abrupt occurrences, and that failure to capitalize on these sudden shifts in market dynamics could result in big losses. Lee points to historical patterns. Past Bitcoin corrections have often led to explosive rallies, with prices doubling or tripling in a short time. He also highlights the growing interest from institutional investors as a reason why Bitcoin could still see a strong upward move. Some traders share this optimism, believing that any dips below $80,000 will be short-lived. Related Reading: Dogecoin’s Fate Hinges On $0.16—Breakout Or Breakdown Ahead? Market Sentiment And The Road Ahead The most recent price action has made people in the market feel a range of emotion. There are investors who are nervous and investors who see the pullback as a good correction. Meanwhile, the Crypto Fear & Greed Index, a tool that measures how investors feel, has moved into the “Extreme Fear” zone. This shows that people aren’t sure what Bitcoin will do next. On-chain data shows that the way people trade has changed. Whales, or people who own a lot of Bitcoin, have been buying more during the drop, which shows that they are optimistic about the long-term outlook. On the other hand, retail traders seem to be more cautious and are looking for signs of stability before getting back in. Featured image from Gemini Imagen, chart from TradingView

XRP is once again the subject of bold forecasts, with market researcher Egrag Crypto anticipating a significant price boom. According to him, a major breakthrough pattern indicates that XRP might reach $27 in the coming months. This prediction has stirred discussions among investors, with some optimistic and others dubious. Related Reading: Bitcoin’s ‘Ugly Start’ – Weekend Sell-Off Pushes Price Near $80K XRP’s Breakout From A 7-Year Triangle Egrag Crypto could not be more upbeat about his projection. He assured investors that one month “will change their lives forever.” He bases this forecast on a critical breakout from a seven-year symmetrical triangle. In November 2024, XRP breached this trend, resulting in a dramatic 283% surge. The breakout has led him to believe that the token is on the verge of another explosive move. #XRP – 1 Month Will Change Your Life Forever ($9.7 – $27) ???? The Power of Market Waves & Narratives When @ElonMusk added #BTC to Tesla’s balance sheet last cycle, many thought all companies would follow. They didn’t. Narratives come and go, but markets move in cycles.… pic.twitter.com/dtGFQjeUE2 — EGRAG CRYPTO (@egragcrypto) March 7, 2025 Many traders use these trend lines to spot possible pricing patterns. The case is that earlier breakouts have caused significant price movements and history often repeats itself. Still, other observers think that legal obstacles and macroeconomic variables could pose a challenge to XRP’s development. Key Levels To Track There is not a straight line to $27. Egrag Crypto exposes the major hurdle XRP has to overcome. The token must first break through $2.62 then cruise to $3.00 and $3.40. Historically, these price points have been key obstacles, stopping XRP from rising. Should XRP effectively get rid of these obstacles, the next aim is roughly $6. Egrag projected back in December 2024 that by the end of the month this level will be attained. His latest outlook suggests that a push beyond $6 could lead to a full rally toward $27. Comparisons To The 2017 Bull Run Some of the excitement around this prediction comes from historical trends. Egrag Crypto and others have drawn comparisons between XRP’s current trajectory and its performance in 2017. Back then, XRP experienced a massive rally that took its price from a few cents to an all-time high of $3.40. If the token follows a similar path, a rally of over 700% could be in play. That would mean XRP jumping from its current levels to $27. While such a move isn’t impossible in the crypto market, skeptics warn that past performance doesn’t guarantee future results. Related Reading: Could Cardano Be The Next Big Crypto Winner? Analyst Points To $2 Target Skepticism And Investor Caution Not everybody is persuaded. The continuing legal dispute between Ripple and the SEC is one of the regulatory problems that XRP has faced. These legal questions worry some traders since they could stop any meaningful price movement. Additionally, broader market conditions, such as interest rate decisions and Bitcoin’s price action, could influence whether XRP sees another massive rally or remains range-bound. Despite these doubts, Egrag Crypto is still sure about his estimate. Whether XRP reaches $27 or not, the next major movement in the next months will be vital in deciding it. Investors will be watching closely to see if this bold projection comes true. At the time of writing, XRP was trading at $2.19, down 1.60% and 17.53% in the daily and weekly frames. Featured image from Gemini Imagen, chart from TradingView

XRP could be on the verge of a massive price jump, according to analyst Egrag Crypto. The well-known chartist has identified what he calls the “Kangaroo Phase,” a consolidation period that might lead to a breakout. Based on historical trends and key technical indicators, he believes XRP could reach as high as $222 if conditions align. Related Reading: Billionaire Warns Of Financial Turmoil—Will Bitcoin Save Investors? XRP Key Support And Resistance Levels Egrag Crypto identifies important pricing ranges that show XRP is keeping firm. The altcoin has stayed above a crucial support line, which would offer a basis for a steady ascent. He also emphasizes the interplay of XRP with the Bull Market Support Band as a successful retest has strengthened optimistic momentum. #XRP – Kangaroo Phase ???? ????#XRP is gearing up for its next big leap! Here’s why: ✅ Holding above critical support trend level ✅ Successfully retested the Bull Market Support Band ✅ Consolidating above Fibonacci 0.888 ✅ Another Macro consolidation Fib 1.0 zone in play ($3.37… pic.twitter.com/Lj9gBqW0H6 — EGRAG CRYPTO (@egragcrypto) March 5, 2025 Potential Price Targets Based on previous results, Egrag Crypto has set a few XRP pricing targets. XRP might hit the first range, between $8.50 and $13.00, he believes as momentum rises. The next goal is $27, a significant rise above the price right now. The maximum price estimate for those with a long-term perspective is $222. The analyst cites XRP’s 2017 rise, in which the cryptocurrency followed a similar trend before soaring. If history repeats itself, he suggests this ambitious target could be within reach. At the time of writing, XRP was trading at $2.51, up 2.6% and 13.1% in the daily and weekly frames, data from Coingecko shows. Historical Trends Offer Clues The examination made by Egrag Crypto mostly relies on historical market trends. Following a Fibonacci extension pattern, XRP hit the $1.618 mark in 2017 before making a significant breakout. The top altcoin may be set for a similar big transition if the same pattern shows up on the charts again. A good number of analysts employ the Fibonacci retracement and extension levels to get a hint of how the crypto market might behave in the future. Although these techniques have helped to identify probable market trends, no specific method guarantees success. Given the significant changes in the market since 2017, the important question is whether the coin can replicate past performance. Related Reading: Bitcoin ‘Won’t Stop At $150K’ This Year, Research Firm Chief Says Still There Is Uncertainty In The Market Meanwhile, the future of XRP is unknown even with the optimistic view. The digital currency space is fluctuating, as always, hence price projections can present unexpected challenges. Changes in regulations, general market sentiment, and external economic events all play a key role in the price trajectory of XRP. Featured image from Gemini Imagen, chart from TradingView

Ethereum (ETH), the second-largest cryptocurrency by market cap, is flashing multiple bullish signals that suggest a potential upside move. However, rising exchange reserves are tempering this optimism. Has Ethereum Formed A Local Bottom? Ethereum has dropped nearly 20% over the past two weeks, falling from approximately $2,805 on February 23 to just above $2,200 at the time of writing. This decline has wiped out $80 billion from ETH’s market cap. Related Reading: Ethereum Positioned For A ‘Major Move Upward’ In 2025, Analyst Forecasts Despite this sharp pullback, crypto analysts are pointing to several bullish indicators that could signal an impending price reversal. Crypto analyst Merlijn The Trader, for instance, has highlighted that ETH is following the Wyckoff Reaccumulation Pattern. For those unfamiliar, the Wyckoff Reaccumulation Pattern is a technical analysis method developed by Richard Wyckoff. In the context of ETH’s current price action, this pattern suggests that the asset may be entering an accumulation phase before a potential upward movement. The analyst further noted that the “spring phase” has just been triggered – indicating a possible bear trap where a brief dip below support levels misleads sellers, potentially setting the stage for a rally. A bounce from this level could see ETH climb to $4,000. In a separate X post, Merlijn The Trader also pointed to a bullish divergence in Ethereum’s 4-hour chart. According to the analyst, ETH’s next immediate target is $2,700 before moving higher. Fellow crypto analyst CryptoGoos echoed these sentiments. Beyond technical indicators, whale activity has added to the bullish sentiment surrounding ETH. In an X post, crypto analyst Ted noted: Ethereum whale bought 17,855 ETH worth $36,000,000 at an average price of $2,054. Total holding $2,530,000,000 Ethereum. You think this is going down? Think again. Rising Exchange Reserves May Spoil The Party On the bearish side, crypto analyst Ali Martinez pointed out that ETH reserves on exchanges have been steadily rising. Over the past two weeks, more than 610,000 ETH has been transferred to exchanges, which could increase selling pressure. Martinez’s analysis aligns with a recent report that found that despite ETH’s Relative Strength Index (RSI) being at a multi-year low, there could still be further downside in store for the digital currency. Related Reading: Ethereum Exchange Balances Drop To 9-Year Low – Time For A Major Price Move? Indeed, ETH has been marred by significant bearish sentiment due to its relatively weak price performance over the past two years compared to cryptocurrencies like Bitcoin (BTC), Solana (SOL), and XRP. However, extreme bearish sentiment could act as a contrarian signal, setting the stage for a surprise rally. At press time, ETH trades at $2,200, up 6% in the past 24 hours. Featured image from Unsplash, charts from X and Tradingview.com

Over the last week, Ethereum (ETH) has dropped 13.8%, currently trading at the critical $2,000 support level. While the digital asset’s weekly Relative Strength Index (RSI) has hit its lowest point in three years, analysts warn that further downside may still be ahead. Ethereum RSI At Lowest Levels In Years US President Donald Trump’s trade tariffs on Canada and Mexico took effect earlier today, fueling fears of an impending recession. According to the latest data from Kalshi, there is a 39% probability of a recession occurring in 2025. Related Reading: Ethereum Must Hold This Key Level To Keep Altseason Hopes Alive, Analyst Explains The broader crypto market has also felt the pressure from these tariffs, with the total market cap declining from $3.7 trillion on December 14 to $2.8 trillion at the time of writing. Major cryptocurrencies such as Bitcoin (BTC) and ETH have been significantly impacted, down 7.1% and 8.9% in the past 24 hours, respectively. Unlike BTC, which saw a remarkable 2024 with multiple new all-time highs (ATH), ETH has struggled since reaching its peak of $4,878 in November 2021. Over the past year, ETH has declined by 41.6%, while BTC has risen by 26%. The latest crypto market pullback has added to ETH’s challenges, bringing it down to the psychologically significant $2,000 level. Crypto analyst Jesse Olson noted that intense selling pressure has pushed ETH’s weekly RSI to 35.87, its lowest reading since May 2022.  Olson further explained that the bottom was not reached in May 2022, as ETH subsequently dropped another 60%. If ETH follows a similar trajectory, it could fall another 60% from $2,000, potentially reaching around $800. Fellow crypto analyst Merlijn The Trader echoed Olson’s concerns, stating that Ethereum is currently “playing the waiting game.” The analyst emphasized that ETH is approaching a crucial “make or break” level on the RSI. Analyst Urges Not To Panic Sell ETH Despite heightened macroeconomic uncertainty due to Trump’s trade tariffs, some analysts remain confident that ETH is nearing its bottom and could soon resume its uptrend. In an X post, one crypto analyst remarked: Ethereum is currently retesting the 21-Day EMA on the 3-Month chart. ETH has NEVER closed a candle beneath this level. We are either about to witness history or we are very close to bottoming. Be VERY CAREFUL Panic Selling! Related Reading: Ethereum Positioned For A ‘Major Move Upward’ In 2025, Analyst Forecasts There might still be hope for the second-largest cryptocurrency, as recent analysis found that ETH exchange balances have dropped to a 9-year low, strengthening the digital asset’s supply scarcity narrative. At press time, ETH trades at $2,126, down 8.9% in the past 24 hours. Featured image from Unsplash, Charts from X and TradingView.com

Earlier today, Bitcoin (BTC) dropped below $80,000 for the first time in over three months. According to data from Binance, BTC hit a low of $78,258, filling the Chicago Mercantile Exchange (CME) gap between $78,000 and $80,000. Bitcoin Fills CME Gap, Is It Time For Rebound? With today’s dip, BTC has now filled every CME gap since March 2024. At the time of writing, the leading cryptocurrency is trading in the low $80,000 range. Related Reading: Bitcoin Hits Its Most Oversold Level Since August 2024 – Is A Rebound Coming? For the uninitiated, the CME gap refers to the price difference that occurs on the CME Bitcoin futures chart between Friday’s closing price and Monday’s opening price, as CME does not trade on weekends. These gaps are often filled later as Bitcoin’s price naturally retraces to these levels, acting as key support or resistance zones. A new CME gap has now emerged due to the ongoing market sell-off, triggered by US President Donald Trump’s confirmation that trade tariffs on Canada, China, and Mexico will take effect on March 4. According to crypto analyst Rekt Capital, the new CME gap lies between $92,800 and $94,000. If past data is anything to go by, this new CME gap may work as a price magnet, pulling BTC upward and initiating a bullish trend reversal. For example, back in January 2021, BTC filled a CME gap between $29,410 and $33,050. After filling the gap, BTC continued to dip further, before surging to as high as $40,000.  That said, macroeconomic and geopolitical factors remain significant. The US Federal Reserve (Fed) and Trump continue to clash over interest rate policies. While the Fed has maintained that it is in no rush to cut rates, Trump has repeatedly called for immediate reductions. However, positive inflation data could pressure the Fed to accelerate rate cuts. According to an X post by The Kobeissi Letter, January’s PCE inflation – the Fed’s preferred measure – aligned with its projection of 2.5%. Similarly, core inflation – which measures the change in consumer prices excluding volatile items like food and energy – was in-line with expectations of 2.6% as well. However, data from CME FedWatch suggests that the Fed is likely to keep interest rates unchanged at the March 19 FOMC meeting. Is The BTC Bottom In? Although BTC has fallen nearly 20% over the past month, some analysts believe further downside may still be ahead. A recent forecast from Standard Chartered suggests BTC could decline another 10% before finding support. Related Reading: Is Bitcoin Showing Early Signs Of Bullish Divergence? Analyst Explains However, there are also signs that BTC may be forming a local bottom. Crypto analyst Ali Martinez noted that sell-side pressure is easing, which could indicate that BTC is stabilizing. Additionally, the Cryptoasset Sentiment Index recently flashed a strong contrarian buy signal, further hinting at a potential price floor for BTC. At press time, BTC trades at $83,508, down 2.5% in the past 24 hours. Featured image from Unsplash, Charts from X and TradingView.com

Investor enthusiasm for Dogecoin is sharply declining. Over 67% of the open interest on the meme coin has decreased in three months. December 2024 saw it at $4.07 billion. By February 2025 it had dropped to $1.33 billion. This significant decline suggests mounting market caution. Many traders are retreating because of uncertainties in the broader crypto market. Related Reading: Avalanche (AVAX) Overextended—Is A Market Shakeup Imminent? Notable Drop In Dogecoin Open Interest Open interest measures the active contracts on futures and option exchanges. Usually, a declining figure indicates traders shutting or avoiding new positions. The 67% drop in OI in Dogecoin points to weak investor trust. Many are now turning their attention to more stable investments in view of market turbulence. The decline in sentiment also fits a larger pattern in the crypto market, where volume of futures trade has taken a hit lately. In contrast, Bitcoin and Ethereum have maintained higher open interest levels, smaller altcoins like Dogecoin are seeing dramatic declines. #Dogecoin $DOGE open interest has declined by 67% over the past three months, dropping from an all-time high of $4.07 billion to just $1.33 billion today! pic.twitter.com/yRXjqqljNC — Ali (@ali_charts) February 27, 2025 Network Activity Falters Network activity of Dogecoin is likewise declining. November 2024 had active addresses close to 1.3 million. By February 2025 the count had dropped to 130,000, which translates to a whopping 95% drop in just a few months. Less transactions imply that a declining number of users are interacting with the system. On-chain data suggests that Dogecoin transactions have become less frequent, indicating reduced participation from both retail and institutional investors. The drop in activity also means fewer new investors are joining the network, which could limit future growth potential. Meme Coin Hiccup Continues Dogecoin isn’t the only meme coin struggling. Other meme-based cryptocurrencies saw major price jumps in 2024 but have encountered headaches in early 2025. Many investors who rode last year’s rally are now cashing out. The hype around meme coins appears to be fading, at least for now. Although some traders still find some ray of hope in meme coins, generally the sentiment has become pessimistic. Analysts believe that joke coins like Dogecoin could continue to lose value if they don’t get a lot of new users or strong community participation. Also, as more projects come out on the market, the battle for investors’ attention gets tougher. … But Institutional Interest Still Alive Meanwhile, Dogecoin still packs some appeal to a number of institutions, even though OI and network activity have gone down. For example, Grayscale Investments set up a Dogecoin Trust in January of this year. This move shows that bigger buyers still think the coin has a lot of potential. Related Reading: Dogecoin Sees 95% Drop In Network Activity—Trouble Ahead? But it’s not clear if institutional backing can make up for falling retail interest. Grayscale’s involvement shows that there is still hope for Dogecoin’s long-term survival, but the real test will be whether regular buyers come back to support the coin. If the market mood recovers and broader crypto use increases, Dogecoin may experience a resurgence. Until then, the road ahead for the meme just doesn’t look bright. But, anything can happen in the crypto space. Featured image from Gemini Imagen, chart from TradingView

Many people wonder about the length of Bitcoin’s rollercoaster journey that its price increase has been on. The bull run may persist until at least April 2025, argues CryptoQuant CEO, Ki Young Ju. Should this be the case, it could signal the longest ever Bitcoin bull cycle. Related Reading: Dogecoin Sees 95% Drop In Network Activity—Trouble Ahead? Variations In Bitcoin’s Growing Rate Ju created a Bitcoin growth rate difference statistic for May 2024 that formed the foundation for his projection. Monitoring the long-term market movements of the crypto helps one to ascertain whether the asset is still in a growth phase or overheated. Right now, Bitcoin is in what he refers to as a “critical zone,” in which market signals combine bullish and bearish patterns. Whether Bitcoin keeps on its ascent or begins to lose vigor will depend mostly on the next few weeks, or months. #Bitcoin on-chain indicators are at the bull-bear boundary. I expect this to be the longest bull run in history, but I could be wrong. We need at least another month of data to confirm whether we’re entering a bear market. If demand doesn’t recover, indicators may fully signal a… https://t.co/QkaZx7wmAt pic.twitter.com/4iHbuitW4o — Ki Young Ju (@ki_young_ju) February 27, 2025 Market Fluctuations And Past Corrections Investors are beginning to have jitters about Bitcoin’s price as it has lost 30% of its value in the last few days. But Ju is not bothered. According to him, severe pullbacks like these are not uncommon during a bull cycle phase. Historical records support his assertion; earlier bull runs show price losses of up to 52% before recovery. Should history be the barometer, Bitcoin might still have some surprises in its sleeves and carry out strong upward moves in the face of a volatile market. The BlackRock Bitcoin Selloff Movement in Bitcoin price is much influenced by institutional investors. BlackRock lately sold roughly $70 million in ether and $440 million in bitcoin. These big sell-offs could cause temporary devaluations and change investor mood. These events could change the price direction of Bitcoin in the next months even if Ju is optimistic. What’s Next For The Alpha Coin? Meanwhile, Bitcoin is not in good form as we speak: it is languishing in the $79,900 level, to the delight of those who’ve been waiting to buy the dip. Bitcoin is trading 7% below its most recent closing. It peaked at $86,990 then fell to a low of $79,490. The bulls can only wish it was the other way around. Related Reading: Avalanche (AVAX) Overextended—Is A Market Shakeup Imminent? Ju’s research shows that although some investors worry about possible future dips, the bull run is far from over. Since April 2025 is just a month away, traders and experts are still captivated by Bitcoin’s long-term trend and what the coming days will bring on the table. Ju’s observations offer a data-driven viewpoint even if nobody can exactly predict the market. Whether Bitcoin follows past patterns or creates new ground, investors will be closely observing it. Anything can happen in the crypto space. Featured image from Gemini Imagen, chart from TradingView

XRP is establishing new trading patterns against Bitcoin, and traders are closely monitoring a potential shift in market dynamics. XRP has exhibited remarkable strength over a lengthier timeframe, with a 31% gain against Bitcoin during the past month, despite a 15% decline in the past week. Analysts are in disagreement as to what may occur next, as the altcoin’s short-term weakness and long-term strength show opposing figures. Related Reading: Chainlink Activity Spikes—2,300 Fresh Addresses In Last 7 Weeks Unprecedented Consolidation Pattern Emerges EGRAG, a market analyst, has identified a previously unseen development in the relationship between XRP and Bitcoin. The current pattern indicates consolidation at historically elevated levels, in contrast to previous market cycles in which XRP would surge beyond key resistance levels before retracing into bear territory. The consolidation zone between 0.00003 BTC and 0.000023 BTC is uncharted territory for XRP. According to the most recent data, the altcoin is currently trading at 0.00002580 BTC, representing a 3.70% decline for the day. EGRAG suggests that this phase of foundation-building could ultimately facilitate a more sustainable rally than previous market cycles. #XRP – You’re Not #Bullish Enough! First Time in History: #XRP / #BTC Breakthrough! ???? Listen carefully! I’ve said it before—when #XRP was around $0.50, I told you that buying at those levels would make you look like a crypto god in the future. I also warned you that buying… pic.twitter.com/kEzj4NgvZv — EGRAG CRYPTO (@egragcrypto) February 24, 2025 Critical Price Levels To Watch The continuing existence of particular price thresholds in its Bitcoin pairing is necessary for XRP’s position to remain stable. Even if a monthly closing below 0.000023 BTC would elicit negative sentiment, a comeback is still possible. However, things would significantly worsen if XRP dropped below 0.000016 BTC. A “bullish foundation” would form if the price of Bitcoin closed higher than 0.000024 BTC. EGRAG stands for this. To sustain the bullish argument, XRP must remain above this level until the end of February, even if it is already trading above it. As has happened in the past, a stronger rise above 0.000034 BTC and a monthly close above this level could indicate that a breach is imminent. Projected Price Targets Based On Bitcoin Pairing Based on the relationship between XRP and Bitcoin, a number of important price goals will become clear if the expected breakout happens. When Bitcoin stays at or near $95,125, the first important level would be 0.000046 BTC, which is equal to about $4.37 per XRP. XRP could potentially reach 0.000136 BTC, which is equivalent to $12.93 per token, if a sustained rally persists. According to EGRAG’s most optimistic scenario, the value of each XRP could be approximately $34 if it were to reach 0.00036 BTC. Related Reading: Bitcoin To $13 Million? Robert Kiyosaki Backs Michael Saylor’s Bold Vision Foundation Building Before Potential ‘Skyscraper’ Rally EGRAG likens the current market situation to the construction of a skyscraper, underscoring the necessity of establishing strong foundations before substantial upward movement. The analyst observes that XRP has never before established such a firm base at current levels relative to Bitcoin, which implies that this cycle could generate more substantial gains than any previous rallies. Featured image from Gemini Imagen, chart from TradingView

A popular cryptocurrency has once again captured the attention of many crypto investors after some experts started discussing the potential long-term valuation of the digital asset. Prominent market analysts believe that XRP could possibly reach $10,000 per coin, saying that the notion is “not a crazy” prediction but a conservative one. Related Reading: Solana Faces Double Trouble: 55% Network Drop And Price Woes Realistic Price Several crypto analysts argued that a valuation forecast of $10,000 is feasible which they believe could be fueled by institutional adoption and its potential role in global finance. “$10,000 XRP isn’t crazy. It’s conservative,” Rowen Exchange said in an X post. The crypto analyst showed a number of reasons why the $10,000 price target for XRP is a conservative figure. Institutional Adoption According to Rowen Exchange, one of the strongest arguments that XRP could reach $10,000 is the token’s adoption. The crypto analyst explained that the token has experienced exponential growth in its institutional adoption. $10,000 XRP isn’t crazy. It’s conservative. pic.twitter.com/465NEEhYGm — Rowen Exchange (@RowenExchange) February 11, 2025 Rowen Exchange pointed out that once major banks, payment processors, and governments increase their usage of XRP for cross-border payments, the demand for the tokens is expected to soar leading to a price surge. The crypto expert said that XRP has a total supply of 100 billion coins. However, Rowen Exchange noted that only half of the token’s total supply is actually circulating in the market because of escrow releases and long-term holdings. The analysts theorized that once institutions start hoarding the token for liquidity purposes, it is predicted that it would result in a supply squeeze which might push the price to go up. Rowen Exchange added that institutional adoption is different from retail-driven speculation because it can provide sustained liquidity and volume, leading to an ascending price over time. Although $10,000 could be a conservative estimate, XRP would be required to grow by over 362,000% to reach that price target from its current price of $2.76, something skeptics see as a long way to go for the token. Related Reading: XRP Bulls Return—Will This Be the Breakout to $3? ‘Highly Unlikely’ Meanwhile, a crypto community member commented on Rowen Exchange’s post saying that the $10,000 price target is “highly unlikely.” The crypto investor disagrees with the prediction arguing that in order for XRP to reach $10,000, the token would need to have a market cap of $1 quadrillion, arguing that it is “unrealistic” since the market cap of the entire cryptocurrency is about $3 trillion, as of 2024 while the global economy has around $100 trillion. However, another crypto analyst believes that market capitalization is irrelevant in XRP’s potentially reaching $10,000, explaining that market cap does not matter because the token’s value is utility and not speculation. The analyst added that XRP can facilitate massive global transactions efficiently, claiming that the token is built for the next era of global finance. Featured image from DALL-E, chart from TradingView

Although traders are on edge due to the price behavior of Bitcoin, some analysts think a breakout is just around the corner. Related Reading: Think XRP Is ‘Crashing’? Analyst Says You Deserve A Slap! One of the vocal supporters of Bitcoin is “Titan of Crypto,” who suggests that Bitcoin’s stochastic relative strength index (StochRSI) is about to signal a major move. Could BTC be about to start a fresh climb as institutional interest grows and technical signals line up? Bitcoin: Strong Reversal From StochRSI Signals Titan of Crypto claims that the weekly StochRSI of Bitcoin is in oversold zone, a situation that has always preceded notable positive reversals. Measuring momentum, this indicator points to BTC maybe preparing for a push higher. The analyst said: “Bitcoin could be ‘about to take off.'” The top crypto is currently trading around $96,910, marking a 1.36% increase from the previous session. Showing indications of increasing volatility, the intraday range has varied from $95,400 to $97,300. Should the StochRSI trend follow, BTC could bounce back to higher levels. #Bitcoin About to Take Off? ????#BTC has entered oversold territory on the weekly Stoch RSI, a signal often marking accumulation or re-accumulation. pic.twitter.com/DHyEKXT31E — Titan of Crypto (@Washigorira) February 19, 2025 Institutional Demand Still Remains Strong Institutional engagement is one of the main elements showing great promise for Bitcoin. Well-known for its aggressive acquisition of the crypto, Strategy (previously MicroStrategy) has revealed intentions to purchase more Bitcoin by means of $2 billion raised via convertible notes. This action underscores mounting belief in the long-term value proposition of Bitcoin. Bitcoin ETFs, with total assets amounting to $120 billion, have garnered substantial inflows. Due to the popularity of these investment products, which has strengthened their standing in the financial markets, organisations now have easier access to the most widely utilized digital asset globally. BTCUSD trading at $96,980 on the 24-hour chart: TradingView.com Market Contradictions Raise Questions Despite hopeful signals, not everyone thinks Bitcoin will boom soon. Crypto stocks underperform conventional stocks, say some experts. BTC remains below its January peak, suggesting market uncertainty despite the S&P 500’s highs. Recent Bitcoin price swings indicate investor uncertainty. Despite positive macro indications, bitcoin has stalled, sparking some reservations regarding its next trajectory. Related Reading: 10x Dogecoin: The ‘Secret Window’ You Need To Know, According To This Analyst Bitcoin’s Next Move: Breakout Or Consolidation? Bitcoin’s future is still hotly debated given institutional investors’ ongoing curiosity and technical signals pointing to a probable breakout. Should previous trends hold, the market might be about to experience an extraordinary climb. Macroeconomic events and investor mood will eventually, however, decide whether BTC can maintain a breakout or keep trading sideways. Right now, everyone’s focused on the next technical confirmation for Bitcoin. Will the bulls take over, or will doubt help to control prices? For the biggest cryptocurrency in the world, the next weeks could be crucial. Featured image from Gemini Imagen, chart from TradingView

XRP has recently witnessed a notable decline, slipping by 5% over the past week. The altcoin dropped below key levels of $2.40 and $2.45, raising concerns among investors. However, a market analyst believes this price shift is not a sign of a crash but rather part of a bullish ascending triangle formation. Related Reading: Cardano Soars Nearly 130% To $30 Billion, Climbs To 9th In Market Cap Rankings Crypto analyst Egrag Crypto even stated that he will have to give “a slap” to anyone who mentions “crash” again. XRP Latest Price Movement XRP is presently trading at $2.56 following an intraday peak of $2.60 and a low of $2.45. The decline coincides with a period of rapid value gain for the token. According to Egrag Crypto, XRP is still in a structured pattern even with the pullback; if confirmed, this might lead to more increases. #XRP – Is Crashing Hard? ???????? I’ll have to give a slap to anyone who mentions “crash” again! ???? #XRP is simply filling in the ascending triangle formation. The first attempt? Let’s call it a fake-out! ???? Now, we’re just retesting the edge of the formation. ???? Stay calm; this… pic.twitter.com/xqQwjoEgul — EGRAG CRYPTO (@egragcrypto) February 18, 2025 The Construction Of The Ascending Triangle Egrag Crypto claims XRP is forming an ascending triangle, a technical pattern usually signifying a likely breakout. This development is defined by a run of higher lows converging toward a horizontal resistance level. In the past, such circumstances imply an optimistic vibe if the price breaks past the resistance. “XRP is simply filling in the ascending triangle formation,” the analyst said. “The first attempt? Let’s call it a fake-out! Now, we’re just retesting the edge of the formation,” he added. Technical research highlighted this trend in December 2024, with Egrag forecasting ambitious price targets of $17 and $27. A similar examination conducted in October 2024 revealed resistance levels at $0.90 and $1.30, suggesting that overcoming these challenges will open the path for a potential price ascent. Levels Of Resistance And Market Sentiment The latest change in the price of XRP is in line with fluctuations in the market as a whole. Analysts point out important resistance levels that could determine the future path of the token, but some buyers are still wary because of the short-term volatility. Should XRP be able to break out of its current level, and momentum could push it toward bigger targets. External market variables, such as changes in the price of Bitcoin and general sentiment in the cryptocurrency market, will also be very important. Though traditionally optimistic, analysts emphasize that ascending triangles require confirmation through prolonged price action and increased volume. Related Reading: XRP Sees $4.3 Billion Open Interest Rebound Amid Bullish Price Action What Does XRP Have In Store? Market observers are keeping a careful eye on XRP as it trades close to $2.56 in anticipation of a breakthrough or additional consolidation. The altcoin may experience a new upward motion in sync with previous forecasts if resistance at higher levels is broken. Featured image from YouTube, chart from TradingView

The former BitMEX CEO, Arthur Hayes, is making a bold prediction for the TRUMP meme coin: it will outperform Bitcoin if market sentiment continues improving and politicians start leveraging meme cryptos. Related Reading: Cardano Price Balloons 107% As Whales Scoop Up 1.41 Billion ADA The TRUMP token was launched to coincide with US President Donald Trump’s inauguration and, in just a short time, became the fourth-largest meme coin by market capitalization. However, after hitting a peak of $75, the TRUMP meme coin dropped to below $20. Now, the asset is getting a second look, with Hayes offering a prediction on its next movement. Immediately after Hayes’ post, the TRUMP meme coin showed signs of recovery. It’s currently trading between $19.03, up 17% in the last 24 hours, data from CoinMarketCap shows. Why TRUMP Meme Coin Will Perform Better Than BTC In a blog post, Hayes speculated that meme coins will become a powerful political tool since they can be used for advertising and campaigning. He then predicted that the 2026 midterm election would be a pivotal moment for the crypto industry, as more politicians would join the trend and launch their own meme coin projects. According to Hayes, political meme coins are unique crypto projects since they blend politics and entertainment. He speculated that if market sentiment improves further, political meme coins, particularly TRUMP, will outperform Bitcoin. Hayes used the the latest price action for the two digital assets, with TRUMP down 80% from its high, and Bitcoin struggling to reclaim $110k. If the market situation improves, Hayes thinks that the TRUMP coin will surge first, and Bitcoin will follow. Will Other Politicians Follow Trump And Launch Their Meme Coins? Hayes also expects that more politicians will join the trend and suggests that Chinese leader Xi Jinping is next. He added that Xi will realize that he needs to show people that he’s popular, and one way to do this is to launch a meme coin. However, Hayes offered a warning that similar projects in the future may not be as successful compared to the TRUMP meme coin. Challenges Up Ahead For Similar Crypto Projects In an interview with Scott Melker, Hayes said that there’s an exciting change in the crypto industry favoring highly liquid meme coins. However, Hayes explained that only Trump can pull this off and that future political meme coin projects may struggle due to strict community standards. Related Reading: Ethereum Whales On The Move—224,000+ ETH Withdrawn In Record Outflow Hayes speculated that some investors may ask for fair launches with equitable allocations. Melker also offered his insights on the unique standing of the TRUMP meme coin. He referenced a recent chat with Hasem Qureshi of Dragonfly, who suggested that the asset’s tokenomics is comparable more to a security than a meme coin. He added that people are buying the token because of Trump, and its price is not freely floating and subject to price discovery. Featured image from Gemini Imagen, chart from TradingView