A significant part of the analysts were now expecting the rise to begin, and they were right. Despite upcoming Fed minutes, BTC is stalling around $102,000. So, what do the current predictions shared by analysts in the last hour while the article was being prepared indicate? Now let’s take a look at these current predictions and see what’s going on.
Ripple (XRP) and Bitcoin
XRP Coin At the time of writing, it is stalled at $2.43 and BTC is at $101,935. It’s a good day for cryptocurrency investors because almost all altcoins have turned green. WLD Coin Assets such as have diverged positively and generated greater returns. In his latest analysis, Jelle wrote that the BTC price wants to reach 140 thousand dollars by following the cup and handle model.
The chart above shows that there will be further rises for altcoins as well. The breakout has already occurred, and considering that the news flow is also favorable, there seems to be nothing to prevent further rise.
Ali Charts drew attention to a very important detail. The analyst, who wrote that SuperTrend gave a bullish signal on the 12-hour chart for XRP Coin, wrote that when the same thing happened before, the price increased by 470 percent.
If the same thing happens again, then XRP Coin We can see that its price has reached a new all-time record level. XRP Coin is stalled at $2.43 at the time of writing. After BTC rises, altcoins generally react over time, and investors want to ensure themselves in case the rise turns into a failed attempt.
If the daily close is at current levels, XRP Coin may experience a double-digit increase.
Ethereum is Important for Altcoin Rise
ETH Investors are confused in the current situation where the price remains below $ 3,700. still more BTC Even though ETH, which has shown extreme weakness against it, has recovered from its recent bottom, it should see closes above 0.03672. WolfMS wrote:
“For ETH and altcoin movements to continue, ETHBTC must react from the current level or maximum EQ and stay above the red dashed line. Otherwise the target is RL. The strategy here is to take profit if the RH reaction comes and if it stays above the red dashed line, to reposition in retests.”
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
