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24 03, 2025

Bitcoin (BTC) Invalidates Crucial Price Setup, XRP Faces 50 and 100 Day Squeeze, Ethereum (ETH) Finally Bounces Back?

By |2025-03-24T07:15:55+02:00March 24, 2025|Crypto News, News|0 Comments

At this time, Bitcoin is at a level where things might turn out ugly. Concerns regarding the sustainability of the move are followed by the fact that despite breaking above a local ascending trendline, trading volume is not confirming this breakout. The bullish breakout is undercut by the declining volume trend, which also raises the possibility of a fakeout. The upper boundary of the ascending triangle was formed by a diagonal resistance line, which Bitcoin has been able to break above in recent days

Still, the breakout has been accompanied by steadily declining trading activity rather than new buying interest. When volume is weak, these moves are prone to reversals and are frequently short-lived. The inability of Bitcoin to sustain momentum in spite of breaking the technical setup is the bulls’ biggest worry right now. The asset may soon lose its hold on the recently claimed levels if it is unable to gain strength above the $85,000 to $86,000 range.

BTC/USDT Chart by TradingView

In these circumstances, there is a good chance that the psychological threshold of $80,000 will return. The fact that Bitcoin continues to trade below the 100 and 200 EMAs on the daily chart escalates the technical issues. The 200 EMA is currently just below at $90,000, while the 100 EMA is currently at about $90,200. 

There does not seem to be much more upside potential until Bitcoin overcomes these resistance levels with support from higher volume. Bitcoin traders should keep a careful eye on price action in the short term around the 100 EMA and look for indications of conviction in volume behavior. If volume does not drastically improve, the current breakout could be completely invalidated, which could force Bitcoin to retest lower support levels. 

XRP gets squeezed

The classic squeeze situation that XRP is currently going through between its 50-day and 100-day exponential moving averages indicates that the asset is about to make a significant move. With the 50 EMA below and the 100 EMA above, the asset is consolidating within a narrowing range, as can be seen on the chart. Before a breakout or breakdown, traders usually watch this technical squeeze for confirmation. Price consolidation is possible just above $2.30 as the 26 EMA seems to be serving as a short-term base of support halting additional declines.

Related

Stellar Breakout Imminent? Analyst Predicts XLM Price Surge – Here's Why

This level might act as the starting point for a bounce back toward the crucial resistance level around $2.70, which has traditionally acted as a roadblock to upward movement. If this barrier is successfully crossed, the way to a longer rally may become clear. But there is still a crucial disclaimer: volume. 

The volume profile of XRP keeps declining, which indicates that traders are becoming less active and unsure of what to do. A major move is frequently preceded by declining volume, but it can also indicate that there is not enough momentum to support any breakout attempt. The current climate implies that traders are holding off on reentering the market with conviction until they receive a clear signal.

XRP might return to the upper limit of the descending trendline structure if it can use the 26 EMA’s support and gain enough strength to break above the 100 EMA. A reversal and retest of the 50 EMA support could result from failing to do so. The $2.70 mark is still a significant technical and psychological obstacle. Bullish strength would be confirmed if there were a breakout above it with increasing volume. As of right now, XRP is still stuck in a squeeze zone that may determine its course in the coming weeks. 

Ethereum coming back

Following weeks of intense bearish pressure, Ethereum has finally recovered above the psychologically significant $2,000 threshold, suggesting a possible turnaround. Currently trading close to $2,017, the asset is gradually rebounding from a sharp correction that characterized a large portion of its price action in recent weeks. Although Ethereum’s fundamentals have not changed much, the asset’s market dynamics have. It is possible to attribute the recent price rebound to a rebalancing of positions.

Related

Ethereum (ETH) Price Prediction for March 22

The market had been dominated by short pressure for weeks as investors have tended to have pessimistic outlooks. As buying interest grew and short sellers scrambled to cover their positions, this resulted in an oversold situation for ETH, paving the way for a corrective bounce. The Ethereum technical setup remains cautious despite a modest recovery. With the 50, 100 and 200 EMAs forming a steady downward slope, the asset continues to trade below all significant exponential moving averages.

The overall trend will continue to be bearish until ETH regains at least the 50 EMA, which is located around $2,400. Nevertheless, the recent increase in volume points to a resurgence of accumulation interest in the current price range. Another sign of a possible change in momentum is the RSI indicator, which has recovered from oversold territory. 

The current bounce does not, however, imply a sustained trend reversal without additional confirmation from volume expansion and a break above resistance levels, so traders should continue to exercise caution.

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24 03, 2025

Cardano (ADA) Price Prediction for March 23 — TradingView News

By |2025-03-24T03:13:54+02:00March 24, 2025|Crypto News, News|0 Comments

Most coins keep rising at the end of the week, according to CoinStats.CoinStats”>

ADAUSD

The price of Cardano ADAUSD has fallen by 0.33% over the last day.TradingView”>

On the hourly chart, the rate of ADA is falling after a false breakout of the local resistance of $0.7152. If the decline continues, traders may witness a test of the $0.70 zone soon.TradingView”>

On the bigger time frame, one should focus on the level of $0.6963. If its breakout happens, one can expect a dump to the $0.66-$0.68 area soon.TradingView”>

From the midterm point of view, the price of ADA is within the previous bar, which means none of the sides has enough energy for a sharp move. 

In this case, ongoing consolidation in the narrow range of $0.65-$0.75 is the most likely scenario.

ADA is trading at $0.7096 at press time.

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24 03, 2025

XRP Price Prediction: Legal Victory Fuels Bullish Rally, Eyes $2.71 Breakout

By |2025-03-24T01:12:42+02:00March 24, 2025|Crypto News, News|0 Comments

Ripple’s legal victory against the SEC has sparked bullish sentiment, driving XRP’s price higher, with analysts eyeing a potential breakout toward $2.71.

This legal triumph has injected fresh momentum into XRP’s price, with the cryptocurrency witnessing an 11% surge following the announcement. Ripple CEO Brad Garlinghouse, reflecting on the victory, emphasized that the decision highlights the need for regulatory clarity in the crypto space. “We need clear guidelines, not enforcement actions, to foster innovation in the industry,” he said.

Technical Analysis: XRP Targets $2.71

At the time of writing, XRP is trading at approximately $2.40, with a minor daily dip of 0.35%. The token’s market capitalization remains strong at $139.4 billion, securing its position as the fourth-largest cryptocurrency.

XRP is holding above the 50 EMA dynamic support around $2.37, fueling speculation of a $2.71 retest. Source: TradingView

From a technical standpoint, XRP is currently consolidating within a symmetrical triangle pattern, signaling indecision among traders. The 50-period Exponential Moving Average (EMA) at $2.37 is acting as a critical support level. A decisive breakout above the $2.50 resistance level could propel XRP toward the next key targets of $2.59 and $2.71.

However, failure to maintain support at $2.31 may result in a pullback toward lower support zones around $2.21 and $2.13. Analysts suggest that a surge in trading volume would be required to confirm an upward move beyond $2.50.

Key Levels to Watch:

  • Support: $2.13, $2.21, $2.31
  • Resistance: $2.50, $2.60, $2.71
  • 50 EMA (4H): $2.37 (dynamic support level)

Ripple Pushes for Regulatory Clarity

Ripple’s legal victory has broader implications beyond XRP’s price action. The company is now urging the SEC to shift its approach from legal battles to constructive regulatory frameworks. Pro-crypto SEC Commissioner Hester Peirce acknowledged that the agency is working toward clearer policies with input from the industry.

XRP Price Prediction: Legal Victory Fuels Bullish Rally, Eyes .71 Breakout

Ripple urges the SEC’s Crypto Task Force to prioritize clear regulations for crypto, criticizing the previous administration for causing confusion. Source: Stuart Alderoty via X

Ripple’s Chief Legal Officer, Stuart Alderoty, emphasized that the fight for fair regulations is far from over. “The SEC’s past approach distorted the application of securities laws,” he stated. Ripple is lobbying for such regulations as safe harbor rules and testing in sandbox formats, proven successfully elsewhere.

The outcome of Ripple’s case has also affected other major SEC cases, with Coinbase and Binance cases postponed or reconsidered. This shift suggests that U.S. regulators may be rethinking their aggressive enforcement strategy on crypto.

Could XRP Reach Triple Digits?

While XRP’s price prediction remains focused on the $2.71 target, some analysts believe XRP has the potential to reach much higher valuations. Business leader Jake Claver recently suggested that if XRP captures just 10% of SWIFT’s global payments market, the Ripple ledger could support prices between $50 and $100.

Could XRP Reach Triple Digits?

Jake Claver explains XRP’s growth trajectory in the long term in his recent interview. Source: Youtube

Institutional adoption could further drive demand. Claver noted that the recent filing of 17 XRP-related ETFs could bring significant liquidity to the market, reinforcing the asset’s credibility among institutional investors. “ETFs and real-time settlement mechanisms could push XRP into mainstream financial systems,” he added.

A Perfect Storm for XRP’s Growth?

Some speculative scenarios suggest that a global financial crisis could be a catalyst for XRP’s dramatic price increase. Claver theorized that if traditional financial institutions faced a liquidity crunch, XRP’s ability to facilitate instant cross-border transactions could make it a go-to asset, driving its value into four-digit territory.

A Perfect Storm for XRP’s Growth?

XRP was trading at around $2.40, up 0.27% in the last 24 hours at press time. Source: XRP Liquid Index (XRPLX) via Brave New Coin

Although such predictions remain highly speculative, XRP’s increasing institutional interest and its legal clarity position it favorably for future growth. For now, all eyes remain on the $2.71 resistance level as traders gauge the next potential breakout.

The Road Ahead

Ripple’s legal victory has definitely increased confidence in the long-term outlook for XRP. With regulatory uncertainty diminishing and adoption increasing, the asset’s price action remains a source of fascination for investors and traders.

If XRP can break above $2.49 and sustain the momentum, a dash to $2.71 could be in the offing. But market participants will be watching closely to see if the overall crypto environment, regulatory landscape, and institutional appetite will all align to propel XRP into a new cycle of growth.

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23 03, 2025

Binance Coin (BNB) Price Prediction for March 23 — TradingView News

By |2025-03-23T23:12:15+02:00March 23, 2025|Crypto News, News|0 Comments

The market is slightly rising at the end of the week, according to CoinStats.CoinStats”>

BNBUSD

The rate of Binance Coin (BNB) has fallen by 0.67% since yesterday, while the price change over the last week has made up +4.51%.TradingView”>

On the hourly chart, the price of BNB is closer to the support than to the resistance. 

If sellers’ pressure continues, one can expect a breakout of the bottom level, followed by a further drop to the $615 mark.TradingView”>

On the bigger time frame, traders should pay attention to the $643.72 level. Until it breaks out, there is a chance to see a decline to the $600 area. Such a scenario is relevant untli the end of the next week.TradingView”>

From the midterm point of view, neither bulls nor bears are dominating. In this case, traders are unlikely to witness sharp moves any time soon.

BNB is trading at $623.41 at press time.

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23 03, 2025

Cardano (ADA) Price Prediction for March 23

By |2025-03-23T21:10:28+02:00March 23, 2025|Crypto News, News|0 Comments

Most coins keep rising at the end of the week, according to CoinStats.

Top coins by CoinStats

ADA/USD

The price of Cardano (ADA) has fallen by 0.33% over the last day.

Article image
Image by TradingView

On the hourly chart, the rate of ADA is falling after a false breakout of the local resistance of $0.7152. If the decline continues, traders may witness a test of the $0.70 zone soon.

Article image
Image by TradingView

On the bigger time frame, one should focus on the level of $0.6963. If its breakout happens, one can expect a dump to the $0.66-$0.68 area soon.

Article image
Image by TradingView

From the midterm point of view, the price of ADA is within the previous bar, which means none of the sides has enough energy for a sharp move. 

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SHIB Price Prediction for March 22

In this case, ongoing consolidation in the narrow range of $0.65-$0.75 is the most likely scenario.

ADA is trading at $0.7096 at press time.

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23 03, 2025

How Much Could $1,000, $5,000, and $10,000 in XRP Turn into in 5 Years if XRP Hits $100

By |2025-03-23T19:09:39+02:00March 23, 2025|Crypto News, News|0 Comments

Investors holding a few thousand dollars in XRP could see their positions expand significantly by the end of the decade.

Many in the crypto community see XRP as their potential path to financial freedom. This is largely because the coin boasts crucial utility in payments and has a rich history of explosive performance.

Notably, forecasts around how high XRP could go in the next few years have been widespread in crypto circles. Amid these speculations, The Crypto Basic examines the potential worth of strategic investments like $1,000, $5,000, and $10,000 in XRP under a five-year window.

$1,000, $5,000, and $10,000 in XRP Could Turn into in 5 Years

Notably, how precisely XRP could perform in the next five years is uncertain. However, according to John Squire, a media personality, market participants may regret not increasing their exposure to XRP in five years.

He suggests that XRP could be worth more than its current $2.30 price by 2030 and that many could regret not buying more at this “low” price.

To some extent, the suggestion holds weight when looking at XRP’s performance over the last five years. The token traded as low as $0.14 in March 2020, meaning it has appreciated by 15X or 1,543% in the last five years. The gains are even more significant when considering its recent yearly high of $3.40.

This historical performance and its ongoing adoption continue to boost the confidence of enthusiasts about XRP’s trajectory by the end of this decade.

By 2030, suppose XRP hits $100, as suggested by many analysts. Wallets with a $1,000 investment in XRP today would see their portfolio rise to $43,478. Notably, $1,000 in XRP today can buy 434 tokens. Accordingly, the value of these tokens could approach $45K with $100 per XRP.

Meanwhile, a $5,000 sum can acquire 2,173.91 XRP tokens today. At $100 per token, this portfolio could be worth a hefty sum of $217,391.

Similarly, those with a larger investment in XRP, such as $10,000, which can buy 4,347.83 XRP at current prices, would see their position expand to nearly half a million dollars. Specifically, this $10K investment in XRP today could become worth $434,783 at $100 per token.

While this prospect is exciting, the question remains: can XRP reach $100 in five years?

Can XRP Reach $100 in Five Years?

According to analyst Javon Marks, XRP could reach $100 this year or by the end of this bull cycle. However, this remains largely speculative.

In a statement, American wealth advisor Linda Jones suggested that XRP could reach $100 someday in the future. However, she provided no specific timeline. 

Jones pointed out that, about five years ago, $100 could buy 400 tokens, but now it buys less than 50 tokens. She went on to suggest that, in a few years, $100 could be sufficient to buy just one XRP. 

Meanwhile, according to Telegaon analysts, XRP would only reach a maximum value of $48 by 2030. They believe $100 for XRP could take more than 10 years to happen. Changelly analysts also align with this projection, proposing 2035 as the likely timeline for XRP to reach $100.

Meanwhile, critics like Rajat Soni, a chartered financial analyst, argue that expecting XRP to reach $100 this season is “mental illness.”

DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

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23 03, 2025

Solana (SOL) Price Prediction for March 23

By |2025-03-23T17:08:58+02:00March 23, 2025|Crypto News, News|0 Comments

Most coins from the top 10 list remain in the green zone; however, there are some exceptions to the rule, according to CoinMarketCap.

Top coins by CoinMarketCap

SOL/USD

The price of Solana (SOL) has risen by 2.3% over the last day.

Article image
Image by TradingView

On the hourly chart, the rate of SOL is near the local resistance of $134.06. If the daily bar closes around that mark or above it, growth is likely to continue to $137 tomorrow.

Article image
Image by TradingView

On the bigger time frame, one should focus on the nearest level of $136.53. 

Related

DOGE Price Prediction for March 22

If it breaks out, the accumulated energy might be enough for a test of the $150 zone.

Article image
Image by TradingView

From the midterm point of view, the situation remains unclear as none of the sides has seized the initiative yet. If the weekly candle closes around current prices, ongoing sideways trading in the range of $125-$135 is the more likley scenario.

SOL is trading at $133.43 at press time.

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23 03, 2025

Here’s How High Dogecoin Can Reach if DOGE Gets $33B, $65B, or $100B Daily Buy Volume

By |2025-03-23T15:07:42+02:00March 23, 2025|Crypto News, News|0 Comments

Dogecoin could witness a massive price increase if its 24-hour buy volume spikes to $33 billion, $65 billion or $100 billion.

Dogecoin’s price movements continue to follow overall market trends, and in the current bearish phase, the meme coin has struggled to regain its previous highs. Currently, Dogecoin is trading below the $0.20 psychological level, holding at $0.17.

Impact of Volume on Dogecoin Price

With several investors awaiting a price surge, this would likely emerge amid a rise in buy volume, triggering buying pressure. Historically, spikes in Dogecoin’s price have occurred alongside surges in trading volume, particularly when the increased activity is driven by buying pressure.

Currently, Dogecoin boasts a 24-hour trading volume of $680 million, though it is unclear how much of this represents actual buy volume. Buy volume is only a fraction of the total trade activity, making it challenging to determine its precise influence on the price. 

A notable instance occurred on January 21, 2025, when Dogecoin’s trading volume surged to $9.5 billion. During this time, its price briefly jumped from $0.35 to $0.40 before retracing. This suggests that major buy volume could drive price increases under the right conditions.

To estimate Dogecoin’s potential price action under extreme buy volume scenarios, we sought insights from ChatGPT. The chatbot leveraged a simple supply and demand model, assuming a linear relationship between buy volume and price impact. 

Potential Price if Dogecoin Sees $33B, $65B, or $100B Buy Volume

ChatGPT provided estimates for Dogecoin’s potential price if it received $33 billion, $65 billion, and $100 billion in buy volume. The estimates assumed price movements remain proportional to buy volume, though, in reality, external market forces could influence the results.

Notably, if Dogecoin’s daily buy volume jumped to $33 billion, this would represent a multiple of 48.53x its current trade volume. Based on a proportional price increase, ChatGPT predicts Dogecoin’s value could rise from $0.17 to $8.25.

Meanwhile, a daily buy volume of $65 billion would be 95.59x larger than Dogecoin’s existing trading volume. Following the same estimation model, the price could increase proportionally from $0.17 to about $16.25.

Here’s How High Dogecoin Can Reach if DOGE Gets B, B, or 0B Daily Buy Volume
Dogecoin Price Prediction | ChatGPT

However, if Dogecoin’s buy volume skyrocketed to $100 billion in a single day, this would be about 147x the current volume. At this volume, Dogecoin’s value could climb to $25.

Factors to Consider

While these calculations provide an interesting perspective on Dogecoin’s price potential, the AI chatbot confirmed that several real-world factors could alter the impact.

One of these factors is liquidity constraints. According to ChatGPT, large buy volumes could quickly deplete sell orders, but liquidity depth would determine how smoothly price movements occur.

The AI chatbot also considered market resistance. Particularly, sellers would likely take advantage of price spikes, creating downward pressure and reducing upward momentum.

Further, the concept of slippage and diminishing returns could impact price movements. Notably, as buy orders fill higher-priced sell orders, each additional purchase may have less impact than the previous one.

DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

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23 03, 2025

Here’s How XRP Price Could Rise from $100 to the Four-Digit Range: Business Leader

By |2025-03-23T13:06:19+02:00March 23, 2025|Crypto News, News|0 Comments

Business leader and consultant Jake Claver recently shared insights into the potential price trajectory of XRP during a discussion on YouTube.

Claver suggested XRP could experience dramatic growth, possibly reaching prices in the four-digit range. He provided a breakdown of the key factors that could fuel this XRP value surge.

XRP Role in Global Financial Infrastructure

First, Claver pointed to the growing global financial infrastructure around digital assets. He highlighted Project Ion by R3 and the DTCC, which aims to streamline financial markets through real-time settlement using digital assets. 

According to Claver, this infrastructure is already in place and could serve as the foundation for XRP’s widespread adoption. With the possibility of settling transactions in real-time using tokens like XRP, Claver asserted that the digital asset is in a promising position within global finance.

Furthermore, Claver discussed XRP’s potential in a hypothetical scenario where it could rival SWIFT in global transaction processing. He noted that if XRP could capture just 10% of SWIFT’s market share, prices could rise to between $50 and $100. He pointed out that this market handles over $5 trillion daily transactions.

“If you had 10% of SWIFT, a $50 to $100 XRP makes a lot of sense,” he said.

Claver emphasized that both supply and demand would play a major role in driving the surge. He explained that the available supply of XRP is limited, with a large portion already allocated in escrow.

Impact from Institutional Adoption and ETFs

Another significant factor driving the potential for XRP’s growth is the surge in institutional interest. Claver discussed how the filings of 17 ETFs related to XRP could pave the way for massive institutional liquidity to flow into the market.

He believes these ETFs could create an environment where XRP becomes a central asset in broader financial markets.

Meanwhile, Claver noted that the resolution of Ripple’s lawsuit with the SEC is crucial for this institutional potential.

Host Zach Rector suggested that, just from ETFs and broader institutional adoption, XRP could rise to around $20 or $30 by the end of this year and into the next.

Crisis Scenario Could Push XRP’s Price to Four Digits

One of the more extreme scenarios Claver proposed was the potential for a global financial crisis that could send XRP’s price soaring to four-digit levels. He theorized that if there was a market-wide liquidity crunch, such as exchanges becoming illiquid or issues with Tether, XRP could serve as a mechanism to stabilize the markets.

In this crisis scenario, XRP would drain liquidity from exchanges and the broader financial system.

Claver suggested that as institutional demand for XRP rises due to the need for real-time settlement in a turbulent market, its price could rapidly increase as buyers scramble to secure the limited supply. In his words:

“…if they rolled out these ETFs at the same time exchanges were pushing the value up, I think you could see prices driven to four digits in a very short period of time, with the demand placed on the limited supply that’s still out there.”

Essentially, Claver’s insights paint a picture of an XRP that could far exceed its current price range, with the potential for prices ranging from $100 to $9,999 in the future. However, these predictions remain purely hypothetical.

DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

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23 03, 2025

XRP Surges As SEC Drops Lawsuit Against Ripple– Can Bulls Push It Beyond $2.50?

By |2025-03-23T07:03:47+02:00March 23, 2025|Crypto News, News|0 Comments

  • XRP surge to $2.57 reaching all-time high after the SEC dropped its lawsuit against Ripple.
  • Ripple’s CEO confirmed SEC’s appeal withdrawal, driving Ripple from $0.78 to $0.92 rapidly.
  • Technical indicators outline a bullish target for Ripple at $3.20.

Ripple’s lawsuit with the SEC took a dramatic turn when the regulatory agency abandoned its appeal. Ripple followed up with the filing of a cross-appeal to address all legal arguments. Investors are monitoring the price of XRP today for market impact, while analysts provide XRP price prediction analysis based on shifting dynamics.

On March 22, 2025, Ripple’s CEO released a video announcing that the SEC’s appeal against the XRP ruling had been withdrawn and this led to a sudden price increase for Ripple. Ripple increased from $0.78 per unit to $0.92 per unit within one hour, and volumes hit 2.3 billion XRP.

Santiment on-chain data showed 120,000 new interactions with XRP wallets. Analysts from WallStreetBulls state that an aggressive bullish position strategy revolving around Ripple could become the further impetus, as traders repositioned after the SEC decision.

XRP Price Surge to $2.5? Analysts Predict Explosive Breakout

Ripple’s legal team moved swiftly, filing a cross-appeal to ensure no legal arguments remain unresolved. Stuart Alderoty, Ripple’s Chief Legal Officer, stated that the cross-appeal aims to establish Ripple’s classification as a non-security asset. This effort seeks to create clearer precedents for future cryptocurrency regulations.

Following the SEC’s announcement, XRP’s price skyrocketed to $2.5, with a 24-hour trading. Over the past week, Ripple’s value decrease nearly 1.26%, pushing its market capitalization to $143 billion. Despite the gains, Ripple retraced slightly, stabilizing around $2.37 after hitting a high of $2.57 during peak trading sessions.

Technical indicators now suggest XRP could rebound above $3.20 in its next rally. However, legal uncertainties still linger, with Ripple’s ongoing regulatory battle playing a crucial role in shaping market expectations and long-term price trends.

If XRP maintains this support, prices could rebound toward $2.50, where selling pressure may emerge. Conversely, if Ripple dips below the critical $2.37 level, further declines toward $2.30 and $2.26 could follow. The declining trading volume raises concerns over weakening bullish momentum, necessitating close monitoring of market signals.

For a bullish breakout, Ripple must reclaim $2.40 and sustain momentum above $2.50. Failure to hold key levels could accelerate further losses, prompting cautious trading among investors awaiting regulatory clarity.

Read More: Ripple’s RLUSD Stablecoin Gains Momentum With $160M Supply



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