Top Analyst Says XRP to Hit $10, Citing Bullish XRP-Bitcoin Chart!
The post Top Analyst Says XRP to Hit $10, Citing Bullish XRP-Bitcoin Chart! appeared first on Coinpedia Fintech News
XRP, Ripple’s native token, could be gearing up for a big jump if Bitcoin’s rally keeps its pace. Well-known crypto analyst Dr Cat says that if Bitcoin manages to reach $144,000 soon, XRP could triple in value, climbing to somewhere between $6 and $10 within the next two months.
On top of it XRP’s market cap has surpassed the oil giant Shell, now stands at about $210 billion, while Shell’s value is around $206 billion.
XRP/BTC Setup Looks Promising
In a recent tweet post Pseudonymous crypto trader Dr. Cat has outlined a bullish scenario where XRP could triple in value within the next two months. According to him, the XRP/BTC pair is currently “coiling” under a crucial resistance level at 2,674 satoshis.
If XRP closes this month above that level, it could trigger the first bullish Ichimoku Cloud “kumo twist” since 2018, a rare signal often followed by major upswings.
Meanwhile, he also cautions that a rise before a Tenkan-Kijun (TK) cross would be less “healthy” from a technical standpoint. However, he emphasizes that the overall trend remains bullish and that XRP could still rally in the near term regardless of this technical detail.
XRP Eyes $10 Mark
The trader highlights a major resistance zone between 4,135 and 7,600 satoshis, which he calls the “take-profit zone.” According to Dr. Cat, this is the critical area that could define whether XRP continues its upward path or faces heavy selling pressure.
If XRP manages to push into this range, Dr Cat says a first stop would be around $4.50, with $6 to $10 possible if Bitcoin keeps its strong trend going.
XRP Market Performance Strengthens the Case
XRP has already been on a roll, closing last week above $3.47 and currently trading near $3.55 after a 29% weekly surge.
Adding to its momentum, XRP’s market cap has overtaken that of oil giant Shell, hitting $207 billion versus Shell’s $206 billion. Over the past year, XRP has delivered a staggering 488% return compared to Shell’s 5% decline.
Recently, Bitcoin overtook Amazon to claim the spot as the world’s fifth-largest asset by market cap.
As Equity Meets Efficiency, BeToken Could Be Forging Spain’s Blueprint for High-Growth SMEs
The post As Equity Meets Efficiency, BeToken Could Be Forging Spain’s Blueprint for High-Growth SMEs...
Dogecoin and Shiba Inu Reclaim Key Levels, But Traders Shift Focus To ‘XRP 2.0’ Remittix Before Next Major Update
The post Dogecoin and Shiba Inu Reclaim Key Levels, But Traders Shift Focus To ‘XRP 2.0’ Remittix Be...
Ethereum Will Likely 5x—But Ozak AI’s Presale Could 100x From $0.005
The post Ethereum Will Likely 5x—But Ozak AI’s Presale Could 100x From $0.005 appeared first on Coin...