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Get Ready For Liftoff: XRP Set For 20% Surge Against Bitcoin, Predicts Analyst

Samuel Edyme
Samuel Edyme
1 year ago
3 mins read
Ripple - XRP

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Recently, a renowned figure in the crypto analysis sphere, CrediBULL Crypto, has spotlighted XRP with a bullish prediction. According to the analyst, XRP is on the verge of a significant rally that could surge its value against Bitcoin in the coming period.

XRP Price: Anticipating The Surge

CrediBULL Crypto has been closely monitoring XRP’s movements against Bitcoin. Through analysis, he observed an interesting trend within the XRP/BTC trading pair that suggests an upcoming uptick.

Related Reading

XRP

Crypto Expert Reveals Why XRP Is Primed For Growth In This Bull Market

1 year ago

The key to this prediction is identifying an accumulation phase happening at a lower timeframe within a higher demand zone. This pattern is not new to the analyst, who has identified similar trends.

The insights provided by CrediBULL Crypto indicate a potential 15-20% rally for XRP against Bitcoin in the near term. Should the altcoin break through the next major resistance, which is pegged 35% higher, the analyst believes this could trigger a surge, rewarding investors with returns exceeding 100% against BTC.

Topped up the $XRP position here for the 4th time- USD and BTC pairings are in sync. Within our larger, HTF zone of demand we now have a lower TF accumulation base formed, a confirmed D3 bull div, and if we close here in about 8 hours we will have a double D3 bull div.

At the… https://t.co/lgJeQfLXvG pic.twitter.com/YV7aelYtwT

— CrediBULL Crypto (@CredibleCrypto) March 18, 2024

A week before this bullish forecast, CrediBULL Crypto had already increased its position on the XRP/BTC pair, driven by an “RSI divergence” observed on the 3-day chart. Such divergences are often harbingers of a significant market turnaround, suggesting that the altcoin had entered a pivotal region ripe for a bullish reversal.

XRP’s Foundation For Growth

The potential for XRP isn’t just a matter of speculative trading. Other market experts have highlighted the cryptocurrency’s fundamentals. Zach Rector, a prominent voice within the crypto community, has also recognized the altcoin’s potential.

By drawing parallels with Bitcoin, Rector points out the foundation of XRP and the XRPL, setting the stage for XRP’s significant impact in the next market upturn.

Related Reading

XRP To Skyrockets To $1.33 Amidst April Rally: Analysts

1 year ago

Analyst Dark Defender also sees a bright future for the altcoin, predicting a climb to the $1.33 price level as an immediate target. Moreover, he suggests that reaching the $1.88 and $5.85 Fibonacci targets in the forthcoming weeks is well within the realm of possibility

Hi all. #XRP had the break-out yesterday, as we expected.

In the Monthly Time Frame, it is obvious the move has #started.

The huge Resistance of $0.6649 is broken in the Daily, & #confirmed

$0.6649 will be Confirmed for the Weekly & Monthly Frames.

Our targets are closer… pic.twitter.com/pgSJmfT0s6

— Dark Defender (@DefendDark) March 12, 2024

Meanwhile, despite facing a downturn with a 13% decline, followed by a further 1% drop in the last 24 hours, the altcoin’s trading price remains resilient at $0.6.

XRP price chart on TradingView
XRP price is moving sideways on the 2-hour chart on TradingView.com

Featured image from Unsplash, Chart from TradingView

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Samuel Edyme
Samuel Edyme

Samuel Edyme

Meet Samuel Edyme, Nickname - HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others.

Read more

Edyme’s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more determined, channeling his experience into over three years of insightful market analysis.

Before becoming the voice of reason in the crypto space, Edyme was the quintessential crypto degen. He aped into anything that promised a quick buck, anything ape-able, learning the ropes the hard way. These hands-on experience through major market events—like the Terra Luna crash, the wave of bankruptcies in crypto firms, the notorious FTX collapse, and even CZ’s arrest—has honed his keen sense of market dynamics.

When he isn’t crafting engaging crypto content, you’ll find Edyme backtesting charts, studying both forex and synthetic indices. His dedication to mastering the art of trading is as relentless as his pursuit of the next big story. Away from his screens, he can be found in the gym, airpods in, working out and listening to his favorite artist, NF. Or maybe he’s catching some Z’s or scrolling through Elon Musk’s very own X platform—(oops, another screen activity, my bad…)

Well, being an introvert, Edyme thrives in the digital realm, preferring online interaction over offline encounters—(don’t judge, that’s just how he is built). His determination is quite unwavering to be honest, and he embodies the philosophy of continuous improvement, or “kaizen,” striving to be 1% better every day. His mantras, “God knows best” and “Everything is still on track,” reflect his resilient outlook and how he lives his life.

In a nutshell, Samuel Edyme was born efficient, driven by ambition, and perhaps a touch fierce. He’s neither artistic nor unrealistic, and certainly not chauvinistic. Think of him as Bruce Willis in a train wreck—unflappable. Edyme is like trading in your car for a jet—bold. He’s the guy who’d ask his boss for a pay cut just to prove a point—(uhhh…). He is like watching your kid take his first steps. Imagine Bill Gates struggling with rent—okay, maybe that’s a stretch, but you get the idea, yeah. Unbelievable? Yes. Inconceivable? Perhaps.

Edyme sees himself as a fairly reasonable guy, albeit a bit stubborn. Normal to you is not to him. He is not the one to take the easy road, and why would he? That’s just not the way he roll. He has these favorite lyrics from NF’s “Clouds” that resonate deeply with him: “What you think's probably unfeasible, I've done already a hundredfold.”

PS—Edyme is HIM. HIM-buktu. Him-mulation. Him-Kardashian. Himon and Pumba. He even had his DNA tested, and guess what? He’s 100% Him-alayan. Screw it, he ate the opp.

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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.

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

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