NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Bitcoin Price Slips Below $108,000: Peter Schiff Anticipates ‘Brutal’ Bear Market, CZ Responds
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Bitcoin Price Slips Below $108,000: Peter Schiff Anticipates ‘Brutal’ Bear Market, CZ Responds

Analysts Predict XRP ‘Mega Pump’ And ‘Perpetual Cycle’ – Details

Christian Encila
Christian Encila
1 year ago
3 mins read
XRP

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Crypto analysts have XRP under the lens, as the altcoin has been consolidating for over 500 days. Well-known XRP figure Edward Farina recently predicted that the coin will be on a “perpetual cycle.”

Farina had this to say during the Istanbul Blockchain Week, with many believing XRP will enter into its biggest bull cycle despite the currently unstable market conditions. He has called on investors to enjoy the current situation while prices are low.

Related Reading

Bitcoin

Major Bitcoin Addresses See 5% Holding Boost – What’s Driving The Accumulation?

1 year ago

Another crypto analyst, Egrag, shares his technical examination of XRP’s price movement in support of Farina’s optimism: The token’s recent resurgence within a key support and resistance levels, particularly $0.3931, signifies a very robust support zone.

This particular movement of XRP has consolidated for over one and half years, which he thinks could be considered the accumulation that must be formed prior to a massive breakout. Egrag’s chart reveals that the bullish targets could be located at $0.739, $0.924, and may even be as high as $1.469.

#XRP 540 Days Ranging Since March 13th, 2024! 🔥

If you’re getting shaken by these tiny moves, you don’t deserve the MASSIVE MEGA PUMPS that are coming!#XRPArmy STAY STEADY pic.twitter.com/ErNrvkO4F3

— EGRAG CRYPTO (@egragcrypto) September 7, 2024

‘Mega Pump’ On The Horizon?

From Egrag’s analysis, holders of XRP are about to get what he terms a “Mega Pump.” While he maintains that those who held onto their tokens during this quiet phase may be rewarded in big proportions, he put forth a contrary belief that individuals who sold their XRP don’t deserve the massive mega pumps ahead.

While XRP remains in this range, other cryptocurrencies climb. Bitcoin peaked in June 2024; Binance Coin peaked this year in April 2024. Even meme currencies like Shiba Inu and FLOKI soared, although given the volatility of the crypto market these were not sustained for long.

Despite the laggard performance, however, some long-term investors of XRP are pretty confident that the long accumulation phase will be followed by a breakout.

XRP market cap currently at $30 billion. Chart: TradingView.com

‘Perpetual Cycle’ Incoming?

Farina’s strategy is dollar-cost averaging: a practice wherein investors gradually buy an asset, particularly when it’s down from the peak. He said it was an excellent candidate for long-term accumulation since XRP remains 80% below its $3.84 record price back in 2018.

$XRP won’t experience a bull run, it will be a perpetual cycle. In a few years, we’ll look back at today’s prices, it will feel absolutely unbelievable.

EAK TV interview at @IstanbulBlockWk #IBW2024 pic.twitter.com/wS30CFTAHI

— EDO FARINA 🅧 XRP (@edward_farina) September 8, 2024

Further, he noted that this may put investors in a position to reap extraordinary gains once the market eventually reverses upward.

Farina is not in a vacuum with his optimism. Other analysts have mirrored his view, saying XRP could go up as much as $50, or even up to $100, in the not-so-distant future.

Related Reading

BNB

BNB Weekly Active Addresses Surge Over 6% – Is A Rally On The Way?

1 year ago

Will XRP Break Out?

XRP is still affordable, trading around $0.527 at the time of writing. CoinMarketCap observers are bullish, with 73% predicting a token recovery soon.

As varied as the market outlook was, many investors have followed Farina’s advice to accumulate XRP while prices remain low, hoping the token surges in the long run.

Whether or not the “mega pump” occurs, the extended consolidation phase for XRP could be a preparatory move for something big.

Featured image from Toyota of North Charlotte, chart from TradingView

Tweet123Share196ShareSend
Christian Encila
Christian Encila

Christian Encila

They say journalists never truly clock out. But for Christian, that's not just a metaphor, it's a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn.

Read more

Christian's journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved the way for a successful stint as an editor at a data engineering firm, where his first-month essay win funded a months-long supply of doggie and kitty treats – a testament to his dedication to his furry companions (more on that later).

Christian then roamed the world of journalism, working at newspapers in Canada and even South Korea. He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling - right up his alley!

So, he landed a killer gig at NewsBTC, where he's one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill).

Think Christian's all work and no play? Not a chance! When he's not at his computer, you'll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair.

Speaking of chill, Christian's got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin’ helps him analyze and write meticulously formatted articles even better.

Here's the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day - and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies.

Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors - and bosses - he deeply respects.

So, the next time you tread into the world of cryptocurrency, remember the man behind the words – the crypto crusader, the grease monkey, and the feline philosopher, all rolled into one.

Close

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Dogecoin Revival Coming as Thumzup Eyes $DOGE Payments: Is Maxi Doge the Next 1000x Crypto?

Thumzup Adopts $DOGE Payments and Smart Money’s Rotating to Maxi Doge’s Potential 1000x Presale

What to Know: Thumzup Media announces Dogecoin integration for creator payouts Corporate adoption of meme coins signals market maturation, but...

Elena Bistreanu 1 hour ago
BTC koers verwachting: CryptoQuant CEO voorspelt crash naar $77k – kan Bitcoin instorten?

Bitcoin crash naar $96k waarschuwing – bescherm je winst met HYPER

De crypto markt kreeg deze week een flinke waarschuwing te verwerken nadat een populaire analist voorspelde dat de Bitcoin koers...

Lars Diederiksen 2 hours ago
solana-reserve-slowdown-funds-shift-to-emerging-crypto-stocks-tw

Solana Price At Risk Of 50% Crash To $104 After Forming This Larger Bearish Trend

The Solana price rebounded quite nicely from the October 10 crash, quickly reclaiming $200 after hitting as low as $150...

Scott Matherson 3 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Dogecoin news

Why The Dogecoin Price Could Still Hit A 600% Rally To Send It Above $1.5

Sandra White 8 minutes ago

Correzione Ethereum finita? I dati di Binance indicano un possibile balzo verso 6.800 $

Maria Giovanna Ambrosio 1 hour ago
Crypto news

Crypto Bulls Smell Blood: SOFR–RRP Spread Hints QT Pivot By October

Jake Simmons 1 hour ago

Premium Sponsors

Press Releases

  • ChatGPT Predicts Price of Solana

    ChatGPT dự đoán giá của Solana, Cardano và Pepenode...

    6 seconds ago
  • Các Meme Coin Tiềm Năng Nên Mua Khi Elon Musk Có...

    2 hours ago
  • Potential coins

    Các Đồng Coin Tiềm Năng 1000x? Bitcoin Hyper Chuẩn...

    2 hours ago
  • Best altcoins

    Các Altcoin Hàng Đầu Nên Mua Khi Cặp ETH/BTC Đang...

    2 hours ago
  • ドージコイン 今後の価格予測:強気ダイバージェンスが示す新たな上昇のチャンス

    ドージコイン...

    21 hours ago

Newsletter

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.