Author: dfmines

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Digital asset prices may still see substantial gains before the market corrects, the analyst said.

There’s a new meme coin going viral in early 2025. Flockerz (FLOCK) sets itself apart with a unique Vote-to-Earn (V2E) system and is attracting serious attention from crypto investors. The project’s presale has now raised almost $9 million – but with just 16 days left until launch, time is quickly running out for those seeking […]

Bitcoin (BTC) commenced the week with an optimistic uptick, tapping the $100,000 milestone, as per insights from QCP Capital. The digital currency encounters formidable opposition at this juncture, an area once characterized by intense selling pressure in December. From Volatility to Stability: BTC Hits $100K Milestone, QCP Weighs In On Monday, QCP Capital indicated that […]

Canadian Prime Minister Justin Trudeau announced his resignation at a Jan. 6 press conference.

Bitcoin wastes no time at the Wall Street open as daily BTC price gains pass 3% while reclaiming the $100,000 mark.

Ripple’s XRP is currently trading at $2.43, boasting a market capitalization of $136 billion, a 24-hour trading volume of $3.8 billion, and an intraday fluctuation between $2.36 and $2.46. XRP On the daily chart, XRP continues to exhibit a bullish resurgence following its extended phase of lateral consolidation. Resistance at $2.50 remains a critical level, […]

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The XRP price has been one of the best altcoin performers over the last few months, going from below $0.6 to over $2.8 in this time period. Nevertheless, like the rest of the crypto market, the altcoin recently succumbed to bearish pressure, pushing it back toward $2. Despite this, the XRP price has continued to show strength, and recent developments on the altcoin’s chart show that the bullish momentum is far from over. XRP Price Shows Bullish Continuation So far, the XRP price has been ranging in a tight channel as bulls have maintained a tight hold on the $2 support. A crypto analyst on the TradingView platform points this out in a recent analysis that paints XRP in a bullish light despite the crash. Related Reading: Litecoin Sees 2M Bollinger Bands Tighten – What A Move Above $130 Will Mean For Price With the price retracement, $2 has been established as support, while the most notable resistance is now sitting below $3. Given the recent developments, the crypto analyst believes this is bullish for the XRP price. This is because the altcoin has been setting a bullish continuation move on the daily chart. This bullish continuation is known to be bullish for crypto assets, especially when it ends in a breakout. For now, the XRP price will need to break out of the current bullish channel to confirm this move. If this happens, then XRP could be looking at an over 300% move from its current price level. “Once we get a break out of that bullish channel we will break all time highs well into a new all time high,” the crypto analyst said. How High Can Price Go From Here? If the XRP price were to successfully break out of the bullish channel from here, then it signals momentum that could send it to a new all-time high. Currently, the altcoin is sitting around 37% below its all-time high price of $3.84 set back in 2027. This means that an 80% move from here would mean new all-time highs. Related Reading: Solana Price Will Complete 1,800% Surge To $4,000 With This Formation: Analyst According to the crypto analyst, the breakout would see the XRP price more than double. They predict that the price could rise as high as $10-$11 off this bullish momentum, which would mean a 5x jump and the first time XRP would be touching double-digits. As for when this move might happen, the chart puts it in Q1 2025. The first quarter of the year has been known to be bullish for cryptocurrencies, so this falls into place for the cryptocurrency. The last two years have seen XRP close out Q1 in the green, with 58.8% gains in 2023 and 2.37% gains in 2024. So far, the XRP price is up 15.9% in 2025, suggesting that it will follow the same path as the previous years. Featured image created with Dall.E, chart from Tradingview.com