• Altcoins reset complete, setting the stage for a bullish altseason ahead. 
  • The peak of the altseason seems to be on the horizon. 
  • Analyst expects $27 ATH price for Ripple’s XRP.

The time for this ongoing bull cycle’s peak altseason phase may have finally arrived in this auspicious Q1 of the New Year. One analyst believes altcoins retest is complete and that the market structure perspective points to a crypto total market cap that looks pretty bullish for the coming weeks ahead. 

Altcoins Reset Complete

As a Q1 following a Bitcoin Halving year, this quarter is expected to be a highly bullish phase for altcoins in particular for this phase has always resulted in the arrival of the peak of the cycle’s altseason. The coming days may see an explosive pump for Ethereum (ETH) followed by several other bullish altcoins.

One such altcoin is Ripple’s XRP, a highly altcoin that could explode exponentially this bull cycle as it missed the previous bull cycle due to its battle with the SEC. Since its victory the altcoinhas already pumped twice and analysts expect a much greater run for XRP in the coming days ahead.  

$27 XRP ATH Approaches

As we can see from the post above, this analyst breaks down the exact movements that need to occur for XRP price in order for the altcoin to pull a 10x pump and hit $27 this bull cycle. This seasoned analyst and crypto enthusiast has shared many bullish predictions for XRP and the $27 prediction is one of the more plausible bull targets based on the many XRP price predictions that have come out so far. 

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Nicole D'souza Posted by

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Ensuring authentic and organic news stories in the realm of web3, blockchain, and cryptocurrency, Lauren exercises her focused and vigilant art of storytelling in the form of factual and prominent industry news. She is especially fascinated by the latest development in blockchain innovation and crypto regulations.