- Bitcoin holds above the $67,000 and prepares to attempt a break out on the weekly chart.
- Predictions for a Bitcoin (BTC) and Ripple’s XRP grow more bullish.
- XRP price is expected to hit $40 this bull cycle.
Bitcoin (BTC) holds strong above the $67,000 price level. This brings Bitcoin to a crucial stage, where the weekly close will determine the ability of Bitcoin to break through a 7-month-long resistance level. Breaking out of this would mean the start of the bullish Q4 as many analysts expect along with explosive gains across the crypto market.
Altseason Gains Momentum as BTC Attempts Breakout
With high expectations for Bitcoin in Q4 and even higher expectations for Q1, altseason steps closer and closer to the crypto market. A majority of altcoins are expected to make bullish moves in altseason so many could even set multiple new ATHs in the coming months following Bitcoin’s lead.
Predictions for BTC ATHs this bull cycle take it from $250,000 to $550,000. Explosive gains are certain if altcoins were to follow this lead. Besides BTC predictions supporting this surge, there is already the action of various altcoin activity showing bullish signals across their own price charts.
How Far Will XRP Go This Bull Run?
Some altcoins like SUI and FET have already been pumping steadily while other assets like XRP, VET, SHIB, and ADA have been forming bullish pump signals on their price charts. Presently, under the spotlight for the moment in Ripple’s XRP. This asset missed its previous bull run due to its battle with the SEC.
Now with the successful close of the SEC vs Ripple case, many analysts expect XRP to make explosive market moves. According to the post above, XRP has confirmed another major bull signal in an overall market that looks to be regaining massive strength. This along with the Bollinger Bands tightening, predictions for XRP to pump reach highs of $40.
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