XRP Prepares For Full Recovery Movement, New XRP ATH Could Appear Sooner Than Expected

News, Trending

  • Bitcoin breaks past $67,000 price range once again. 
  • Altcoins mirror bullish action from Bitcoin (BTC) price chart.
  • Analyst marks another bullish indicator on the XRP price chart.

The price of Bitcoin (BTC) has reclaimed the $67,000 price target and continues to climb upward reigniting the bullish sentiment of seeing new ATHs for the pioneer crypto asset this Q4. Expectations for Bitcoin to perform exceptionally this Q4 only grow stronger as the Crypto Fear & Greed Index remains in a Greed score despite the number dipping to 69.

Altseason Expectations Line Up in Multiple Altcoins

While sentiments for Bitcoin to set new ATHs this bull cycle, the expectations for altcoins to do the same are just as high. In fact, many altcoins are expected to set new ATHs this bull run, which should likely commence when altseason arrives. So far, many analysts expect altseason to follow the pump of Q4 in Q1. 

Presently, many altcoins have already begun to print bullish indicators on their respective price charts. While some assets like JUP, SUI, and FET have already begun to pump, other assets like VET, SHIB, ADA, and DOGE have yet to begin their upward climb. With high targets expected for almost every altcoin, the sentiment for altseason is greater than ever. 

XRP Prepares to Hit New ATH This Bull Cycle

Meanwhile, another altcoin continues to show highly bullish indicators. For instance, Ripple’s XRP has already been printing multiple bullish signals like tightening Bollinger Bands and bullish Golden Crosses. Most recently, one analyst added another bullish signal for XRP to the list.

https://x.com/JavonTM1/status/1849275851369587167

As we can see from the post above, the analyst says that XRP has confirmed a bullish pattern after the early October dip and could very well be preparing for a full recovery back into the $0.65 price range. If this were to play through then XRP could break out of the 6.5-7 Year Resisting trend. A breakout there would place the target for a new XRP ATH at $3.317 and beyond.

The post XRP Prepares For Full Recovery Movement, New XRP ATH Could Appear Sooner Than Expected appeared first on Crypto News Land.

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