Possible Bitcoin Plunge as Elections Near Could Spark Massive Altcoin Rally
Bitcoin’s price action heading into election season has been incredibly positive, with bulls taking full control of its trend as they attempt to push it above its 2019 highs of $13,800. Each break above this price level has resulted in it seeing strong selling pressure, which could indicate that it will continue struggling to gain […]
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Crypto analyst Bobby revealed that the XRP price has completed a consolidation pattern, hinting at a potential parabolic rally for the altcoin soon. The analyst suggested that XRP’s price could rally to double digits once this rally occurs. XRP Price Eyes Rally To $19 As It Completes Double-Bottom Pattern In an X post, Bobby indicated that the XRP price has completed the macro double-bottom pattern, which it had spent over seven years building. The analyst’s accompanying chart showed that the altcoin is now gearing up for a rally to as high as $19 following the completion of this....
Because investors had been scrambling to buy XRP in order to lay claim to a corresponding amount of Spark tokens, the altcoin had its most significant bullish breakout in years. Ripple network activity post-Flare airdrop suggests that the asset has fundamentally lost its spark, but technicals might on the flipside suggest that the spark was […]
Altcoins have been closely tracking Bitcoin and Ethereum’s price action as of late, which is a positive sign showing just how far the markets have come over the past few weeks. While in the past, Bitcoin rallies occurred independently from the rest of the market, with altcoins trailing it or rallying during consolidation phases, the […]
Crypto analyst Javon Marks has predicted that the XRP price could rally 680% against Bitcoin, reaching $10 in the process. The analyst also indicated that the altcoin could rally higher, reaching the $15 target. XRP Price Eyes 680% Rally Against Bitcoin In an X post, Javon Marks stated that the XRP price against Bitcoin looks to be setting up for an over 680% run, which could spark a larger rally for the altcoin. He noted that this could lead to a move to the $10 price point for XRP. The analyst added that this price rally aligns with the current measured move target, which is above $15.....
Crypto analyst Steph has highlighted a high liquidity level that could spark a significant surge for the XRP price. This comes as the altcoin struggles to reclaim the psychological $3 level, which could lead to a further rally to new highs. Liquidity Level That Could Spark An XRP Price Surge In an X post, Steph revealed that the liquidity around $3.2 is expanding for the XRP price and that the market is charging toward the highest cluster. He explained that there are many buy and sell orders around this level, with market makers often looking to capture liquidity at price levels with....