XRP Prints Additional Bullish Signals Indicating Highly Significant Pumps Ahead for the Popular Altcoin

  • Bitcoins dip to $69,000 does nothing to dampen the bullish altseason sentiment. 
  • Multiple altcoins continue to print bullish signals on their respective price charts.
  • Ripple’s XRP is one such asset, it could pump significantly very soon.

Bitcoin recently retreated from its sideways movement near $73,000, dipping to a higher low of $69,000 as it attempts to reclaim its previous ATH of $73,700. While some traders are frustrated by this pullback, experienced investors view Bitcoin’s pattern of setting higher lows and highs as a sign of strength, potentially signaling a path back to record levels.

Despite the dip, analysts remain optimistic, anticipating a major breakout for Bitcoin in the coming months. Many expect BTC to hit new highs in Q4, with projections ranging from $100,000 to $150,000. This bullish outlook extends to altcoins, as some analysts predict a bull cycle peak for BTC between $220,000 and $550,000, setting the stage for a promising altseason.

Altseason Expectation Unfazed by Bitcoin’s Latest Dip 

According to many analysts, altseason could begin in the middle of Q4 of 2024 or will likely start in Q1 of 2025. Supporting this sentiment, several popular altcoins like SHIB, ADA, DOGE, and XRP are showing bullish indicators. Altcoins such as FET, JUP, and SUI have already started to climb, while other coins like XRP, SHIB, DOGE, and ADA are exhibiting positive signs on their charts, reinforcing the potential for an explosive altseason ahead.

XRP Prints More Bullish Pump Indicators

One popular altcoin that’s showing major pump potential is Ripple’s XRP. This asset missed the previous cycle pump due to its battle with the SEC, which has now ended successfully. Presently, analysts have noticed XRP making many bullish pump indicators like a golden cross formation and tightening Bollinger bands

As we can see from the post above, XRP has gone on to print a new bullish indicator that points to a bullish breakout. Based on the posts above, XRP is forming a double bottom pattern on the XRP/BTC chart printing a bullish signal that could lead to a trend reversal leading to new possible ATHs for XRP.

Crypto News Land, also abbreviated as "CNL", is an independent media entity - we are not affiliated with any company in the blockchain and cryptocurrency industry. We aim to provide fresh and relevant content that will help build up the crypto space since we believe in its potential to impact the world for the better. All of our news sources are credible and accurate as we know it, although we do not make any warranty as to the validity of their statements as well as their motive behind it. While we make sure to double-check the veracity of information from our sources, we do not make any assurances as to the timeliness and completeness of any information in our website as provided by our sources. Moreover, we disclaim any information on our website as investment or financial advice. We encourage all visitors to do your own research and consult with an expert in the relevant subject before making any investment or trading decision.

Other posts

Bitcoin Could Reach $180,000 as VanEck Sees Strong Demand and Policy Shifts  

VanEck has anticipated that the token could rise to $180,000 within 18 months due to changing governance rules and strong demand. BTC price recently climbed to a 24-hour high of $99,800 and is now moving closer to the $100,000 mark. Analysts Nathan Frankovitz and Matthew Sigel described this as the beginning of a special growth phase for Bitcoin.   Regulatory Shifts Under Trump Encourage Optimism   VanEck has connected Bitcoin’s upward momentum to expected changes in U.S. policy under President-elect Donald Trump’s administration. The administration is expected to introduce crypto-friendly regulations and support legislation that removes barriers for cryptocurrency adoption.  One major