Massive moves await the crypto market if historic charts are set to repeat itself this Q4 of a Bitcoin Halving month. One of the key cryptocurrencies expected to make parabolic moves alongside Bitcoin (BTC) is Ripple’s XRP. With the XRP vs Ripple case at a close XRP holders are finally eager to see XRP run this bull cycle.
In detail, Q4 of every Bitcoin Halving year has led to major price surges following the down months of August and September. If this trend were to repeat again, then analysts expect BTC, XRP, and other major cryptocurrencies to set new ATH in the coming months to possibly the end of the following year.
Besides bullish factors like the US Presidential election and the Fed rate cut announcement, BTC and altcoin charts themselves are showing bullish signals. On many altcoin price charts, analysts have already begun to observe signs of a parabolic price surge to occur at any moment and XRP is one of these leading altcoins.
According to the popular crypto analyst Steph is Crypto, the XRP price chart is almost done printing a bullish inverted head and shoulders formation on the daily price chart. In his eyes, XRP will soon hit a trend high of $0.65 and then fly significantly to the $1.10 price target in a very short time.
Adding to this bullish narrative is another reputed crypto and XRP analyst Egrag Crypto. Based on his price color chart as depicted above, this analyst believes that 5 major targets for XRP can take the asset back up to its previous ATH and blow through that target to set almost a 10,000% price pump.
He highlights these price targets at $3, $4,85, $6.22, $7.68, and $27. These would mark a surge of 932%, 1,563%, 2,035%, 2,536%, and 9,468% which will all result in a 10X, 15x, 20x, 25, and 94x repeatedly. The analyst believes that XRP will hit all targets over the bull run phase of the ongoing bull cycle. Indeed, long-time holders are keeping a very close eye on XRP.
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