- Bitcoin reclaims its $100,000 price value and continues upward.
- Altcoin show similar bullish potential and hints at major gains ahead.
- With the supertrend having flipped bullish, XRP could pump by 470% this altseason.
In a powerful display of resilience, BTC price reclaims its 6-digit value and surpasses the $100,000 price mark. This shows how Bitcoin dominance refuses to fall in the New Year. In a time where altcoins were expected to shine Bitcoin still takes the lead. Presently, the pioneer crypto asset stands at $101,800 after dropping slightly from the $102,000 price mark.
Bitcoin Takes Back Dominance
As Bitcoin continues to pump steadily and seems to have finally broken out of its slow sideways movement marking a long correction phase, expectations for the asset to hit its next ATH grow stronger. Currently, the expectations for BTC’s next ATH range from $113,000 to expectations as high as $235,000.
Meanwhile, the initial expectations of altseason to bloom in Q1 of 2025 has not lost its endurance. In fact, the historic action of altseason arriving every Q1 following a Bitcoin Halving year only increases the the bullish expectations of altseason. Thus, analysts await a mightly leap in altcoin prices very soon.
XRP Could Pump 470% Following Bullish Signal
While some altcoins have already pumped to set new ATH like SOL and ONDO, others like ETH have yet to set a new ATH this bull cycle. Similarly, other popular altcoins like VET and XRP has pumped parabolically and show no signs of slowing down, many analysts expect these altcoins to set a series of new ATHs this altseason.
In particular, for Ripple’s XRP, the altcoins shows strong indicators of a massive pump ahead. As we can see from the post above, the SuperTrend indicator has flipped bullish, and the last time this happened on the same 12-hour chart, XRP pumped by 470%. Is XRP on the brink of an explosive run?
