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18 04, 2025

XRP Price Prediction: XRP Braces for a $2.50 Retest as Traders React to SEC News and JP Morgan Forecast

By |2025-04-18T00:24:35+02:00April 18, 2025|Crypto News, News|0 Comments

XRP is preparing for a potential breakout to $2.50 as a wave of optimism sweeps through the crypto market.

This renewed optimism is being driven by three key developments: Ripple’s partial settlement with the U.S. Securities and Exchange Commission (SEC), strong bullish signals on XRP charts, and growing excitement around a potential Ripple exchange-traded fund (ETF). These factors are influencing short-term XRP price predictions and boosting investor confidence.

Bullish Momentum Builds Around the $2.25 Resistance

XRP price currently hovers near $2.08, consolidating between crucial levels. According to market analyst EGRAG CRYPTO, XRP needs to close above the $2.25 resistance on the weekly timeframe to confirm a bullish reversal.

XRP is poised for confirmation of a bottom at $2.09 if it closes the weekly candle above $2.25 and the 21 W EMA. Source: EGRAG CRYPTO via X

“A full-bodied weekly candle above $2.25 is the lock-in point for a sustained rally,” the analyst noted. The level is seen as the final barrier before XRP can target the next price zones at $2.51 and $2.60. A successful breakout could validate April’s bottom as a long-term support level.

Technical indicators also support this narrative. The MACD histogram has turned green, and the MACD line recently crossed above the signal line—an early sign of positive momentum. Meanwhile, the Relative Strength Index (RSI) hovers in neutral territory, leaving room for further upside if buying pressure increases.

Whale Activity and Exchange Inflows Signal Short-Term Risk

Despite the broader bullish picture, XRP faces immediate volatility. Exchange inflows spiked to 55.6 million XRP, up from 28 million earlier in April, signaling potential sell pressure. Liquidation data also shows $5.1 million in long positions being wiped out within 24 hours, suggesting some traders are bracing for short-term retracement.

XRP Price Prediction: XRP Braces for a .50 Retest as Traders React to SEC News and JP Morgan Forecast

XRP may target the $1.99 zone this weekend as thin liquidity and aggressive positioning set up a potential stop-hunt scenario. Source: JasonTrading589 on TradingView

Analysts at Kaiko Research, however, remain cautiously optimistic. “Improving market dynamics, including the growing depth of the Ripple market, support a stronger case for ETF approvals this year,” their latest report noted.

JPMorgan Forecast: XRP ETFs Could Trigger a Price Explosion

Investor anticipation has surged amid speculation surrounding the approval of a Ripple ETF. According to JPMorgan, the introduction of XRP spot ETFs could attract over $8 billion in institutional inflows, potentially outperforming Ethereum ETFs.

CryptoNexus

SEC is expected to approve a spot XRP ETF in 2025, with $8B in first-year inflows predicted, according to analysts and market bettors. Source: CryptoNexus via X

Zach Realtor, a prominent crypto analyst, believes such inflows could push XRP price beyond $15, depending on total volume and market conditions. “With $4 billion in inflows, XRP could rally to $15,” he stated. “Doubling that could put us in the $30 range, which would bring the Ripple currency price close to a $1.8 trillion market cap.”

Supporting the case for ETF viability is Teucrium’s newly launched leveraged XRP ETF, which has already attracted $27 million in assets. The SEC’s decision on Grayscale’s XRP spot ETF filing is due by May 22, making the coming weeks crucial.

What’s Next for XRP?

With Ripple’s legal cloud lifting and ETF expectations building, XRP is once again at the center of crypto investor discussions. Whether XRP can hold above the $2 support level and decisively break past $2.25 will determine if a retest of $2.50 is on the horizon.

 XRP

The XRP price holds around $2.09, up 1.01% in the last 24 hours at press time. Source: XRP Liquid Index (XRPLX) via Brave New Coin

For now, the Ripple ledger continues to gain traction in cross-border payments, and the Ripple exchange ecosystem appears poised for broader adoption, particularly if institutional channels open through ETF products. The settlement with the SEC, combined with favorable market indicators, sets the stage for a potential rally that could reshape the XRP price prediction landscape in 2025.

As Brad Garlinghouse, Ripple CEO, once said: “Clarity brings confidence. And confidence brings capital.” With clarity seemingly within reach, the next big move may just be around the corner.

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17 04, 2025

Here’s How high Dogecoin Price May Reach by 2030 if DOGE Rises 10% Per Month

By |2025-04-17T22:23:40+02:00April 17, 2025|Crypto News, News|0 Comments

Dogecoin holders could see a cumulative gain of 228X by 2030 if DOGE stages a consistent 10% monthly growth from this point.

The growth of Dogecoin price has stalled this year, with the meme coin king ranking among the worst-performing cryptocurrencies so far in 2025. Its price has dropped 60% year-to-date, currently trading at $0.1570.

Despite this challenging period, Dogecoin proponents remain optimistic about its long-term prospects. Specifically, they anticipate a time when the price will finally surpass $1.

While the timeline for this remains uncertain, The Crypto Basic examines the potential price of Dogecoin by the end of this decade, specifically if the coin achieves a steady monthly price increase of 10%.

Dogecoin Price with 10% Monthly Growth

Starting from the current price of $0.1570, a 10% increase this month would push DOGE to $0.1727 by the end of this month, April 2025

With this trend, if the 10% monthly growth continues, DOGE would have reclaimed the psychological $0.20 level by June 2025, trading at approximately $0.20897.

Meanwhile, by October 2025, it would hit another milestone, re-entering the $0.30 region. Ultimately, by the end of 2025, Dogecoin could be trading at around $0.3720, provided it maintains consistent 10% monthly growth.

This steady upward trajectory highlights how far Dogecoin could climb with modest, consistent gains.

To estimate its potential price by 2030 at this rate, we can project from today over the next 57 months (until the end of the decade). This would result in a theoretical price of approximately $35.92 per Dogecoin.

Essentially, if Dogecoin experiences steady 10% monthly growth from now through 2030, it could be worth around $36 per coin. To put that in perspective, this represents an astonishing gain of 22,776% for current holders.

For instance, someone holding 10,000 DOGE tokens worth $1,570 would see their portfolio grow to roughly $360,000, a 228x return after about five years of waiting.

Is a 10% Monthly Pump Realistic?

While this outlook is enticing, the question remains whether Dogecoin can realistically sustain a 10% monthly growth rate over five years, or ever reach a $36 price point.

Indeed, the assumption of a consistent 10% monthly increase is purely hypothetical. It does not account for inevitable dips and volatility, such as the one DOGE is currently experiencing.

For instance, Dogecoin’s one-year performance shows only a 2.89% gain. On the monthly timeframe, the coin is down 5.73% over the last 30 days and has dropped a massive 42% in the past 60 days.

Expert Timelines for DOGE to Reach $36

As for the $36 target, various market watchers have weighed in, with some offering more optimistic timelines than 2030.

For example, last December, trader Alan cited chart patterns suggesting that Dogecoin could hit $30 by the end of this year.

Similarly, analyst BALO predicted that DOGE could reach $37 within five months from December 2024. However, with less than two weeks to May 2025, Dogecoin remains far from these ambitious projections.

On the more conservative side, prediction platform Telegon has estimated that it would take Dogecoin ten years to reach the $36 mark. Interestingly, analysts at Changelly forecast that Dogecoin could still be below $1 even by 2035.

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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17 04, 2025

XRP News Today: XRP Sparks Investor Frenzy with Burn Explosion, ETF Prospects, and Legal Signals

By |2025-04-17T20:22:27+02:00April 17, 2025|Crypto News, News|0 Comments

XRP continues to draw significant attention across the crypto market, as a flurry of legal, technical, and regulatory developments fuels fresh speculation among investors.

From a dramatic surge in token burns to a potential spot exchange-traded fund (ETF) on the horizon and progress in the long-running XRP lawsuit, Ripple’s native token is once again in the spotlight.

Legal Pause Ignites XRP Settlement Chatter

The ongoing SEC vs. Ripple case reached a new milestone this week, with the U.S. Court of Appeals for the Second Circuit approving a joint motion to pause the appeal process. This decision, shared by attorney James Filan, delays Ripple’s deadline to respond to the SEC’s challenge over programmatic XRP sales, allowing more room for a possible settlement.

Fed Chair Jerome Powell says both the Senate and House are working on a legal framework for stablecoins, signaling a pivotal moment for RLUSD. Amelie via X

Pro-crypto lawyer Fred Rispoli noted the narrow timing of the decision, stating, “Man, talk about cutting it close! I hope one day Ripple Chief Legal Officer Stuart Alderoty tells us the brief was drafted, finalized and ready for filing today had this not come through!”

The attention now turns to Judge Analisa Torres, who is expected to rule on a final judgment in the case. According to Alderoty, a tentative agreement would see Ripple pay only $50 million of its $125 million fine, with the remaining $75 million returned. In addition, Ripple and the SEC are negotiating to lift a prior injunction that limited the company’s institutional XRP sales.

Legal analysts like Bill Morgan and Fred Rispoli suggest that Ripple’s next move will be to request a modification of the court’s order, aiming to reduce the fine and eliminate restrictions that have hampered XRP’s growth in the U.S. crypto market.

A resolution could pave the way for a long-anticipated Ripple XRP ETF and ease broader regulatory pressure on Ripple crypto services.

ETF Momentum Builds: Analysts See XRP as Next in Line

Fueling investor enthusiasm further is growing optimism around an XRP spot ETF approval. Nate Geraci, president of the ETF Store, expressed strong confidence in this outcome, stating, “I simply don’t see this SEC not approving spot XRP ETF.”

XRP News Today: XRP Sparks Investor Frenzy with Burn Explosion, ETF Prospects, and Legal Signals

With ProShares filing for an XRP ETF and a potential settlement looming, XRP is building unstoppable momentum as the SEC faces a pivotal decision. Source: John Squire via X

This view marks a notable shift from the enforcement-heavy approach of former SEC Chair Gary Gensler. Under the current leadership of Paul Atkins, a known crypto supporter, the SEC has softened its stance, halting or dropping several lawsuits, including significant moves in the Ripple case.

John Squire

The Form N-1A registration statement of the SEC. Source: John Squire via X

Polymarket, a blockchain-based prediction platform, currently gives XRP a 77% chance of securing ETF approval by year-end. The launch of a 2x leveraged XRP ETF (ticker: XXRP) by Teucrium and the acknowledgment of multiple spot ETF applications by the SEC further signal a friendlier regulatory climate. Applicants include major players like Grayscale, Bitwise, and WisdomTree, with analysts expecting firms like BlackRock and Fidelity to join in.

If approved, an XRP ETF would allow investors to gain direct exposure to XRP’s price without managing the asset themselves—potentially drawing billions in institutional capital. JPMorgan analysts estimate that XRP-based ETFs could attract up to $8 billion in inflows during their first year.

XRP Burn Rate Doubles—But Impact Remains Modest

On the network level, XRP recorded a 100% spike in burned tokens within a single day, with over 4,600 XRP destroyed, twice the norm seen earlier this month. While this uptick reflects heightened activity on the Ripple ledger, analysts suggest the impact on the XRP price remains relatively modest.

XRP

Ripple (XRP) was trading at around $2.09, up 2.57% in the last 24 hours at press time. Source: XRP Liquid Index (XRPLX) via Brave New Coin

The burn mechanism, embedded in the Ripple network, is designed to destroy small amounts of XRP with each transaction, gradually reducing the total supply over time. While notable, the recent burn surge is attributed to a temporary spike in usage rather than a sustained trend.

Still, for some investors, the event signals increasing utility and demand for the Ripple exchange infrastructure, particularly as legal clarity improves.

XRP Price Hovers Near Key Technical Level

Technically, XRP remains in a tight consolidation phase following a recent drop from the $2.25 resistance zone. The current XRP price is hovering near the $2.08 mark, trading below the 100-hour simple moving average. A key bearish trend line is forming near $2.13, and analysts warn of a potential breakdown if XRP fails to hold the crucial $2.00 support level.

 FenzoFxBroker

Ripple (XRP) holds steady above $2.091, with a bullish trend intact as it eyes a breakout above $2.218, or a pullback if support fails. Source: FenzoFxBroker on TradingView

A close below that threshold could lead to a decline toward $1.92 or even $1.84, while a breakout above $2.20 might open the door for a retest of the $2.35–$2.50 range. For now, the Ripple currency price remains caught between bullish hopes and macroeconomic pressures.

What’s Next for Ripple and XRP?

With the Ripple lawsuit edging closer to resolution, the XRP price prediction for the coming months will largely depend on three factors: the final court ruling, SEC decisions on ETF applications, and broader market sentiment. A favorable outcome in any of these areas could significantly shift the Ripple market landscape.

Ripple CEO Brad Garlinghouse has long advocated for regulatory clarity and mainstream adoption of Ripple XRP news. As institutional interest grows and U.S. regulators show increasing openness to crypto innovation, XRP could be on the verge of reclaiming its position among the top-tier digital assets.

In the near term, all eyes remain on the $2.00 price level, the SEC Ripple decisions, and the potential launch of the first Ripple-linked spot ETF.

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17 04, 2025

Solana Price Prediction: ETF Approval and Technical Structures Fueling a Run Towards $180

By |2025-04-17T18:21:41+02:00April 17, 2025|Crypto News, News|0 Comments

Solana Price Prediction suggests a bullish trend as institutional interest and technical signals point to a potential rise to $180.

Solana is back in the spotlight, but this time the narrative feels different. It’s not just chart watchers getting excited; regulators, institutions, and traditional firms are stepping into the mix. From Canada’s approval of the first spot Solana ETFs to a $4.6 million buy from real estate firm Janover, the groundwork for something meaningful is being laid, and it’s already fueling fresh Solana Price Predictions across the market.

Solana ETFs Get the Green Light in Canada

In a major step for crypto adoption, Canada is set to launch the world’s first spot Solana ETFs on April 16, as reported by Eric Balchunas. The Ontario Securities Commission has approved several big names, including Purpose, Evolve, CI, and 3iQ, to offer Solana ETF to the market.

Solana ETFs approved in Canada, marking a significant milestone for institutional and retail adoption. Source: Eric Balchunas via X

While this may not have the same hype as Bitcoin ETF headlines, it’s still a pretty big milestone for Solana. Giving institutional and retail investors easier access to SOL exposure, alongside staking rewards, adds long-term utility to the asset.

Solana Stablecoin Surge Hits Record $12 Billion

Following Canada’s green light for spot Solana ETFs, Cointelegraph reports that real estate firm Janover has stepped in with a $4.6 million buy, marking its first SOL purchase as part of a newly revamped treasury strategy. While headlines often chase hype, this one’s different. Janover isn’t a crypto native, it’s a traditional firm signaling something deeper: a calculated shift toward blockchain assets with real-world utility.

Solana Price Prediction: ETF Approval and Technical Structures Fueling a Run Towards 0

Traditional firm Janover makes its first Solana purchase. Source: Cointelegraph via X

With spot ETFs opening the door for easier Solana exposure, Janover’s buy could be the first of many from traditional institutions. Moves like this often fly under the radar at first, but they tend to spark something bigger later on. Janover might just be the first ripple in a wave of new demand.

Solana Price Prediction: Eyes on $180 as Structure Turns Bullish

Janover’s 4.6m buys and Canada’s green light for Solana ETFs has pushed Solana’s price into a breakout above a long-standing downtrend line. The breakout flips a key technical resistance, hinting that $180 may be more than just a chart dream. Famous crypto analyst Jesse Peralta suggests that price is now riding above both the trendline and key moving averages, creating a more convincing technical case. Traders will be watching to see if the SOL Solana price can flip the $150 zone into support.

Jesse Peralta

Solana breaks key resistance with eyes on $180, as technicals and fundamentals finally align. Source: Jesse Peralta via X

Momentum is now pairing with fundamentals. With liquidity flowing in and market structure shifting, this move has stronger legs than most relief rallies we’ve seen in recent months. There is now a clear sign of alignment between Solana’s on-chain activity and its recent price action.

Solana Weekly Buy Signal: Key Resistance Breakout and TD Sequential Setup

After breaking above key resistance and riding the momentum from ETF approval and Janover’s buying, Solana Price Prediction is turning heads again with a fresh technical signal flashing.. Analyst Ali Martinez points out a TD Sequential “buy” setup forming on the weekly chart, often seen at potential trend reversal zones. This setup historically carries weight, especially when paired with broader bullish developments.

 Ali Martinez

Weekly TD Sequential buy signal flashes for Solana. Source: Ali Martinez via X

If bulls maintain control, the next resistance sits around $160, followed by a psychological barrier near $180. A confirmed weekly close above $153 would add confidence to the setup, flipping it from potential to actionable. On the downside, $128 remains a key support to watch for invalidation. Momentum is building, but the structure needs follow-through to lock in this reversal.

Solana Price Holds Steady: Is a Pullback the Calm Before the Breakout?

SOL Solana price is consolidating just below $130, but the chart suggests this might just be a pause before the next move. Price is hovering above a key demand zone near $120 to $122, which lines up with the 200 EMA on the 2-hour chart. This level has held up well and could act as a springboard if revisited. The dotted projection from crypto analyst Deda hints at a possible dip into that support before a potential bounce, setting up a “reclaim and go” scenario if buyers step in again.

Deda

Solana hovers near $130 as analysts eye a bullish bounce from the $120 demand zone. Source: Deda via X

With momentum from the ETF approval in Canada and backing fundamentals, this technical pullback wouldn’t necessarily be a bearish sign; it might just be the reset needed. If bulls can defend the $120 area and push for a close above $135, the next stop could be $150.

Final Thoughts

Solana’s setup is strengthening across the board. ETF approvals, stablecoin inflows, and traditional firm interest are creating a solid backdrop for SOL Solana price momentum.

While short-term pullbacks are always in play, the broader structure now leans bullish. If key support zones hold and volume continues to build, Solana Price Prediction targets like $150 and even $180 remain achievable. It’s not just about one catalyst, rather, it’s the convergence of institutional adoption, technical confirmation, and growing on-chain activity that’s setting the stage for a potential rally.

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17 04, 2025

Predicted Dogecoin Price Increase After Whale’s Transfer of 478 Million Coins

By |2025-04-17T16:20:46+02:00April 17, 2025|Crypto News, News|0 Comments

Jakarta, Pintu News – The crypto market is abuzz again with massive moving activity by Dogecoin whales, signaling a possible price spike in the near future.

A Dogecoin (DOGE) whale recently moved a total of 478 million coins, worth about $72.9 million, showing signs of active accumulation. Crypto analyst, Master Kenobi, even predicts that there will be a Dogecoin (DOGE) price crash within hours.

Big Deals by Whale Dogecoin

Data from Whale Alert shows a large transfer within the Dogecoin (DOGE) ecosystem. This transfer of 478 million coins not only caught the attention of the market, but also led to speculation regarding the strategy that the large holders might take. Moreover, this activity was followed by purchases made by other whales, which amounted to more than 800 million coins within 48 hours.

This activity suggests that there is growing confidence in the long-term value of Dogecoin (DOGE). Analyst Master Kenobi, using an ascending quadrangle chart pattern, predicts that there will be a significant price spike in the next few hours. This prediction is based on in-depth technical analysis and current market trends.

Also Read: XRP Current State: Price Consolidation and Potential Breakout Amid Ripple and SEC Deal

Technical Analysis Supports Price Increase

Predicted Dogecoin Price Increase After Whale’s Transfer of 478 Million Coins

Another trader, Tardigrade, also has a very bullish view on Dogecoin (DOGE). Through the analysis of a descending wedge pattern and a symmetrical triangle formation, Tardigrade adds support to the theory that Dogecoin (DOGE) is poised to surge. These patterns are often considered strong indicators in technical analysis that point to a potential reversal or continuation of a trend.

In addition, Master Kenobi set an ambitious price target of $0.8 per Dogecoin (DOGE) coin. If this prediction materializes, it will be a significant price increase from the current position. Investors and traders around the world are watching closely to see if this prediction will come true.

More Bullish Market Outlook

With whale accumulation activity and favorable technical analysis, the short-term outlook for Dogecoin (DOGE) looks very positive. Investors who have been waiting for a significant price movement may soon see results. This could also be an indicator for broader trends in the crypto market, where positive sentiment could spread to other coins.

Crypto markets are known for their volatility, and such movements can often trigger chain reactions. With Dogecoin (DOGE) at the forefront, it may be the right time for investors to pay closer attention to the ongoing market dynamics.

Conclusion

By all indicators and recent market activity, the Dogecoin (DOGE) community and crypto investors in general may be on the verge of a dramatic price change. Whether this will lead Dogecoin (DOGE) to new price levels or is just a temporary fluctuation, time will tell.

Also Read: XRP Price Outlook After Ripple and SEC Lawsuit Settlement

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17 04, 2025

Analyst Says Patience Most Important Ingredient for Cardano, Targets $10 Amid Cup n Handle Pattern

By |2025-04-17T14:19:28+02:00April 17, 2025|Crypto News, News|0 Comments

Analysts suggest patience is key for Cardano recovery, with a bullish Cup-and-Handle formation and a long-term resistance level pointing to potential growth.

The price of Cardano (ADA) has experienced fluctuations in recent days, notably aligning with the broader market. After an initial recovery between April 11 and 12, the cryptocurrency saw its price retrace again to a range of $0.63 to $0.66 from April 13 to 15. 

By April 15, the downtrend intensified, with the price hitting lows around $0.60 before slightly recovering to $0.62. As of today, ADA stands at $0.6152, marking a 1.04% increase over the last 24 hours, but a 0.76% decline in the past week. Despite these struggles, analysts remain cautiously optimistic about Cardano’s potential.

Analyst Suggests Patience Amid Fluctuations

For instance, analyst Dan Gambardello has emphasized the importance of patience for Cardano holders. Gambardello, known for his insights on the crypto market, shared a chart on X showing a potential recovery phase for ADA. 

Cardano Price Prediction | Dan Gambardello
Cardano Price Prediction | Dan Gambardello

The chart suggests that Cardano could be in the early stages of a rebound, similar to the one it experienced amid the major bull run in 2021. Gambardello pointed out that the coin’s price patterns from 2018 to 2025 resemble a Cup-and-Handle formation, a bullish technical pattern that signals potential long-term growth.

The Cup-and-Handle Pattern

Notably, the formation Gambardello highlighted includes both the “cup” and the “handle” components, which have been key indicators of previous bullish trends.

For context, the “cup” part of the pattern, seen between 2018 and 2021, shows Cardano’s price starting from a low point, peaking around $1, and then experiencing a downward correction. The price then reached a bottom near $0.023, followed by another upward move that peaked at nearly $3.10.

Cardano Cup and Handle PatternCardano Cup and Handle Pattern
Cardano Cup and Handle Pattern

Meanwhile, the “handle,” which typically represents a smaller pullback, formed between September 2021 and 2024. Cardano recently broke above the handle during the November 2024 upsurge and is currently retesting this breakout. This phase could be setting the stage for a larger price surge once the retest completes, and Cardano maintains the support at the handle.

Resistance Levels and Future Projections

In addition, Gambardello’s chart shows that the trendline in Cardano’s price movement serves as a long-term resistance level, currently pointing towards $10. This resistance stems from the highs observed in 2018, and ADA’s current price movement suggests it may attempt to touch this level once again. 

In March, the price also reached $1.14, completing a formation similar to the one that triggered the price run to its all-time high in early 2021. 

Further Belief in Cardano’s Potential

Meanwhile, Cardano has continued to draw attention from other influential figures in the crypto space. Alex Becker, a crypto investor Cardano critic, recently acknowledged his confidence in ADA’s potential, despite previous criticism of its community. Becker identified Cardano as one of the standout altcoins for the current bull market, with price targets as high as $4 to $5. 

His assessment highlights the coin’s untapped potential compared to other top-layer projects, such as Solana, which has already seen significant price increases. According to Becker, Cardano’s relative lack of upward movement positions it well for potential gains.

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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17 04, 2025

Early Bitcoin Adopter Predicts XRP Price, Says It Could Do Something Crazy This Year and Potentially Reach $24

By |2025-04-17T12:18:38+02:00April 17, 2025|Crypto News, News|0 Comments

Early Bitcoin adopter Davinci Jeremie has provided an updated assessment of his earlier bullish price prediction for XRP.

In a video shared with his over 826,000 followers on X, Jeremie admitted that XRP could “possibly” reach a $24 price point.

$24 Price Still on the Table for XRP

Recall that in January, after years of predicting that XRP would go to zero, Jeremie made a bold U-turn and offered a daring bullish outlook for the coin.

At the time, he suggested that XRP’s momentum could rally to between $20 and $24 by the end of this cycle. Back then, XRP was trading at a seven-year high of $3.34.

However, the coin subsequently dumped by 51% to $1.64 earlier this month. Interestingly, XRP has since rebounded slightly from this low and is now maintaining a price in the $2 region.

Given that the coin has lost its bullish steam and has been in a holding pattern for the past three months, Jeremie updated his outlook.

Regarding whether a $24 high is still achievable this year, Jeremie responded, “Possibly.” However, he reiterated his skepticism about why crypto enthusiasts should avoid investing in XRP in favor of Bitcoin.

Why XRP Could Still Pump Hard

Notably, Jeremie provided a key reason why he believes XRP still has a good chance of reaching $24 this year. Specifically, he claimed that there are many people in the U.S. government “pushing XRP.”

While he offered no specific context, the sentiment draws from recent developments. Just last month, U.S. President Donald Trump announced on social media that the government would hold XRP as part of a national crypto stockpile.

Interestingly, Trump highlighted XRP as a potential reserve asset before even mentioning Bitcoin and Ethereum, which came in follow-up announcements. Public commentators argue that this implies XRP is being promoted at the highest levels of the U.S. government.

Recall that Ripple CEO Brad Garlinghouse once publicly acknowledged promoting the idea of a multi-asset national crypto reserve that includes Bitcoin and altcoins like XRP.

Meanwhile, it’s worth noting that in the final order signed by the president, Bitcoin remains the only asset the government intends to buy.

Still, as XRP continues to feature in discussions in high-level government circles, public figures like Jeremie believe this could be a bullish factor that helps propel XRP’s price higher this year.

As a result, he stated there’s a likelihood that XRP does “something crazy” this year.

For context, with XRP trading at $2.10 today, reaching $24 would mean a rally of 1,042%. This would shatter multiple records, including setting a new all-time high, achieving a trillion-dollar valuation, and entering the double-digit price range. 

Notably, market commentators like Egrag and Javon Marks believe XRP could even surpass $24 this year. Some have called for prices as high as $99.

XRP Remains an Unrecommended Investment

Despite these promising prospects, Jeremie reiterated his warning that XRP is not a coin crypto enthusiasts should invest in. According to him, XRP is a “banker coin,” and investing in it means supporting banks that are widely believed to enrich themselves at the expense of the poor.

“Do you want to support a banking system that gets free money on your behalf and steal from you whenever they screw up?” he concluded.

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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17 04, 2025

Cardano, Solana Snubbed By Experts After Naming This New XRP Rival The Best Crypto To Buy Now

By |2025-04-17T10:17:31+02:00April 17, 2025|Crypto News, News|0 Comments

Remittix is setting a new standard for cryptocurrency utility, providing near-instant global payments through a lean, blockchain-based infrastructure. The remittance market has two critical problems which Remittix resolves by offering solutions to people who need it most.

Remittix develops consumer-friendly financial products through its PayFi API and direct-bank conversion protocol while reaching global application.

The successful presale numbers debunk the idea that the project is nothing but empty promises. Remittix has become a leading early-stage project by reaching prices of close to $14.5 million in conjunction with selling 528 million tokens during its presale stages. 

The market value of Remittix tokens currently at $0.0757 features much more potential evolution in the future once the system goes live based on analyst projections. The project maintains a strong continuing momentum. Presale periods sell out faster than the preceding ones because retail investors and firms actively participate in the sales. 

There is inherent scarcity in the platform due to its maximum supply limitation of 1.5 billion tokens. The reward system provided by staking operations increases token value. RTX token holders receive token distribution at 18% APY through a system designed for even distribution to support stability.

Social media activity around Remittix’s ecosystem continues to expand rapidly as thousands of users are subscribed to both Telegram and Discord platforms to monitor project updates along with asking real-time questions. Analysts say Remittix is the best crypto to buy, making it the future of finance; join now and don’t miss out on over 50x gains in 2025!

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17 04, 2025

Here’s Projected XRP Price if It Captures 20% of Tokenization Market’s Estimated $18.9 Trillion Cap by 2033

By |2025-04-17T08:16:44+02:00April 17, 2025|Crypto News, News|0 Comments

XRP price could reach greater heights if the asset secures a large portion of the projected $18.9 trillion tokenization market cap.

A recent post by the community-driven X account All Things XRP has reintroduced discussion surrounding XRP’s possible utility in the tokenization of global assets. 

Tokenization Market Could Hit $18.9T

The analyst behind the account called attention to a recent joint report from Ripple and Boston Consulting Group (BCG), highlighting the massive growth expected in the tokenization space and XRP’s possible positioning to benefit from it.

For context, the report, titled “Approaching the Tokenization Tipping Point”, projects that tokenized assets could hit $16 trillion by 2033, representing roughly 10% of global GDP. However, broader market assessments push this figure even higher—potentially to $18.9 trillion. 

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Notably, in the commentary, the All Things XRP account emphasized how the XRP Ledger, with its established infrastructure and native token XRP, is in a good position to facilitate value movement in the growing tokenization market.

According to the post, tokenization – essentially putting real-world assets like real estate, equities, bonds, carbon credits, and art on the blockchain – introduces massive efficiency for trading and moving real-world assets.

Specifically, the benefits of tokenizing these assets include 24/7 trading, instant settlement, global accessibility, and lower transaction friction. 

Ripple and Other Firms Already Making Inroads 

Further, the concept isn’t merely hypothetical, as major financial institutions such as JPMorgan, HSBC, BlackRock, and Citi are already involved in early-stage tokenization initiatives. 

For instance, BlackRock has continued to expand its BUIDL tokenized fund, recently introducing it to the Solana blockchain. In addition, last December, ten global financial giants, including JPMorgan, Citi, MasterCard, and Visa, completed a tokenization trial using DLT for settlements.

Interestingly, as interest in tokenization grows, the XRP Ledger is in a position to support the market, All Things XRP stressed. Ripple CTO David Schwartz predicted that the XRPL could become the preferred platform for tokenization. With this, XRP could serve as a bridge currency.

Further, Ripple’s strategy includes building tokenization infrastructure, including liquidity hubs and interoperability tools, to become a major part of the market. Schwartz confirmed two years back that Ripple is already looking to pivot toward tokenization. Last November, Ripple and Archax launched a tokenized fund on the XRPL. 

XRP Price if It Captures 20% of Projected Tokenization Market

If this push is successful, and XRP secures a major share of the projected $18.9 trillion tokenization market, its valuation could surge. 

Assuming XRP captures just 20% of that market, this would translate into a $3.78 trillion market cap for XRP. This valuation would exceed the current market capitalization of Bitcoin at $1.7 trillion and the overall crypto market cap of $2.69 trillion.

At this $3.78 trillion valuation, XRP’s price per token depends heavily on the circulating supply. If all 99 billion tokens are in circulation, the price of one XRP would hit $37.8. This would mark a staggering 1,658% increase from XRP’s present trading price of $2.15.

However, should fewer tokens be in circulation at that time, say, 70 billion instead of the full supply, the price of each XRP token would rise to $54.

Interestingly, some analysts have already predicted a potential surge to the $37 to $38 range. Dutch-based technical analyst Gert van Lagen previously identified large-scale bullish chart patterns on XRP’s 2-week chart, including a double bottom and an ascending triangle, and set a $38 price target.

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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17 04, 2025

Cardano Price Prediction by Analysts and AI: April- May 2025

By |2025-04-17T04:14:32+02:00April 17, 2025|Crypto News, News|0 Comments

Cardano (ADA), often referred as “Ethereum Killer” has been on a roller-coaster ride lately, inviting speculations and predictions from crypto analysts and artificial intelligence’s assistants.  

Currently, Cardano is ranked 10th in the list of top cryptocurrencies by market capitalization. It’s future blueprint and potential to become a leader in the decentralized finance (DeFi) ecosystem has lead to the emergence of active investors as well as widespread institutional and retail demands.  

The development roadmap of Cardano is structured into five eras: Byron, Shelley, Goguen, Basho, and Voltaire. The division is aimed at raising the performance of the Cardano blockchain, where each phase depends on the previous one. This expansion strengthens Cardano’s position in the DeFi space. The blockchain is hosting a variety of projects including Minswap, SundaeSwap, the algorithmic stablecoin Djed, and others.

The Cardano’s evolution has attracted worldwide users, contributing to increased engagement and total value locked in Cardano-based DeFi applications. It is a third-generation platform with a proof-of-stake (PoS) mechanism. This blockchain was designed to increase the scalability and sustainability in the blockchain space. 

ADA is considered as a native currency of the Cardano blockchain. It is used to pay for transaction fees on the blockchain and also allows transfer of value across the network. ADA holders can also participate in the network’s transaction validation process staking their tokens and earning rewards. 

At the time of writing, Cardano is trading at $0.64 price mark with a market cap of $22.72 billion. In this article, we will analyze the price movement of ADA token and understand its potential to break the $1 mark in 2025.

Cardano (ADA) Price Analysis

Cardano price surged from the monthly lows of $0.5110 to reaching as high as $0.6687 in the previous week. The rise led to a clear green 1 month candlestick, which was a sign of bullish reversal after ADA held significant support at $0.50. But, it has now fallen below monthly opening of $0.6618 and trading at $0.6420, as per the latest market data. 

ADA is currently trading above exponential moving averages (EMAs):

  • 50-day EMA: $0.6413
  • 100-day EMA: $0.6367
  • 200-day EMA: $0.6324

The Relative Strength Index (RSI) has increased to 53.12 on a daily chart, now at the neutral level, indicating a reduction in bearish pressure. A breakout above 55 could signal further upward movement toward $0.75, where the mid-way of the current channel offers resistance.

For ADA to reach $1.00, a key psychological and technical level aligning with the upper trendline of the channel, volume must continue to rise correlating with the price. 

Source: TradingView

Crypto Experts’ Cardano Price Analysis

Here are the price analyses of ADA tokens by crypto experts, as follows: 

Jonathan Carter

Veteran market analyst Jonathan Carter is cautiously bullish. His primary points are:

  • Short-Term Targets: ADA could recover to $1.00 in the next few months.
  • Monitor Critical Levels: Re-set the 50/100/200-day EMAs.
  • Volume & RSI Breakout: To confirm bullish trend continuation.
  • Institutional Indications: Grayscale increased ADA’s share to 22.91% in its Smart Contract Fund—the third largest after Ethereum (ETH) and Solana (SOL).

Carter also mentioned macro risks, especially regarding U.S. tariff policies but stressed that Cardano’s strong community, network upgrades, and DeFi expansion could fuel long-term returns.

Dan Gambardello 

Dan Gambardello, in his recent post on X (formerly Twitter), explains that Cardano will unleash trillions in DeFi by highlighting U.S. President Donald Trump’s announcement of strategic crypto reserve, appointment of crypto-friendly Paul Atkins, the Securities and Exchange Commission chair appointee, upcoming integration of Bitcoin and Cardano and potential partnership with XRP.

These reasons suggest that Dan Gambardello has a bullish outlook on the price of ADA token.

Artificial Intelligence’s Cardano Price Analysis

Here is an AI prediction on the price of the ADA token:  

OpenAI’s ChatGPT

“Given the trend in the market at present, ADA reaching $1 by 2025 is not only possible but very likely, especially if Bitcoin keeps its momentum and Altcoin season kicks in.”

Top Drivers:

 Growth of Cardano DeFi projects and total value locked (TVL)

  • Implementation of Hydra scaling solutions
  • Growing staking engagement and wallet usage
  • Growth in institutional and retail confidence

ChatGPT’s ADA Price Range: $1.05 – $1.20 by mid-to-late 2025

X’s Grok

“Cardano fundamentals are strong. Given the macro trends continue to be favorable, ADA could be back at $1 sometime in Q3 2025 during the next altcoin wave.”

Top Drivers:

  • ADA is still relatively undervalued vis-à-vis the previous ATH of $3.10 in 2021.
  • Growing adoption in Africa adds energy to the blockchain ecosystem.
  • Various ETF speculations and dApp releases can provide momentum.
  • Talks of a partnership between Ripple and Cardano cab give a price push.

Grok’s Price Range: $0.98-$1.10 short- to mid-term; upside in 2026.

Comparison: AI vs Analyst in ADA Price Prediction

Crypto analysts- Jonathan Carter and Dan Gambardello are keeping a cautiously optimistic approach towards Cardano price. According to Carter, the indicators show the potential of ADA returning to $1 and institutional support including Grayscale’s extended ADA position.

Gambardello seems much more bullish. He connects the future of ADA with political events, changes in the SEC leadership, and the growth of DeFi space. Hence, he assumes that ADA could become the epicenter of the multi-trillion-dollar crypto ecosystem by forming partnerships with XRP and similar projects.

Additionally, AI models like ChatGPT and Grok are of the same opinion but with adjusted expectations. On one hand, ChatGPT gives a positive price analysis with the target positions between $1.05 and $1.20 by the end of 2025. Staking, DeFi growth, and the implementation of Hydra scaling could support the price surge.

On the other, Grok differs in terms of number estimates but in general, it highlights the strong points of ADA same as analysts believe. Grok gives a wider margin of short-to-mid-term expectations of $0.98–$1.10. It emphasizes on increasing Africa’s adoption of Cardano, ETF speculations, and demand from new partnerships are the key bullish catalysts for ADA.

Can Cardano break $1 within a month?

While ADA’s technical route to $1 is plagued with challenges, fundamentals remain strong. Followings are some of the key factors that would help pushing ADA price above $1 in April-May 2025.

Growth in DeFi 

According to the data from DefiLlama, currently, the total value locked in DeFi is $298.37 million which once reached over $700 million in December 2024. This Cardano’s TVL surge in DeFi features the growing adoption and investor confidence in Cardano-backed DeFi projects.

Network Expansion 

The Cardano founder Charles Hoskinson recently announced the Midnight Airdrop that would be targeting 37 million users across eight major blockchain networks that include Bitcoin, Ethereum, Cardano, XRP, Solana, BNB, Avalanche and Polygon. 

Charles emphasized that the development of blockchain technology is in fourth phase that focuses on privacy. Hence, it came up with the airdrop, a privacy-focused sidechain which allows users to interact with it using their tokens from different blockchains without converting their assets. 

This latest development and upcoming airdrop will increase Cardano’s reach among crypto enthusiasts, likely to impact the price of ADA positively and may contribute in taking it to $1 mark.

Institutional Support 

Recently, Trump has announced plans to establish U.S. strategic crypto reserve which comprises Bitcoin, Ethereum, XRP, Solana, and Cardano. The inclusion of ADA in strategic reserve boosts investors’ trust in Cardano. Further, Grayscale has proposed a Cardano Spot ETF. If it gets approved, it will increase the exposure of ADA among retail investors.

Growing Partnership 

Cardano blockchain is collaborating with various platforms and networks to increase its reach and provide real-world use cases of the blockchain. In March 2025, Cardano collaborated with SERPRO, Brazil’s state-owned IT giant. It aims to integrate blockchain technology into Brazil’s public sector that focuses on transparency and service delivery.

Cardano also partnered with FC Barcelona to enhance fan engagement through blockchain innovation. This collaboration includes initiatives like distributing non-fungible tokens (NFTs), creating educational opportunities, offering rewards via ADA tokens, and others. 

Lately, a logo of the Cardano blockchain appeared in a Ripple video which hints at potential collaboration between XRP and Cardano. If there’s any progress on this side, it will lead to advancement in tokenization and cross-chain interoperability. 

Also Read: Cardano Surpasses Bitcoin and Ethereum in Institutional Inflows

Conclusion

Cardano is massively expanding its range of services with the growth of its decentralized finance ecosystem, partnerships, adoption, and trust of stakeholders.

The blockchain’s recent ‘Midnight Airdrop’ and practical applications in real life are augmenting the potential of the Cardano network on a day-to-day basis. It might overcome the technical hurdles, boosting confidence among investors and institutions in the ADA token which may soon reach the $1 level, displaying strong long-term potential. 

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