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: Coinbase Confirms DOJ Investigation Following Major Security Incident
  • 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: Coinbase Confirms DOJ Investigation Following Major Security Incident

This Crypto is Poised to See an Explosive 50% Rally as Technical Strength Emerges

Cole Petersen
Cole Petersen
5 years ago
2 mins read
XRP Crypto

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.

XRP has seen a notable price climb throughout the past few days, with its price rising in tandem with that of Bitcoin and most other major cryptos. This has led the token up towards $0.20, which appears to be where it faces some intense near-term resistance.

Analysts don’t believe that this resistance will hold strong for too much longer, however, as the crypto has been able to form some relative technical strength that is likely to lead it higher in the days and weeks ahead.

As for how high this looming rally could lead XRP, one analyst is noting that it could surge over 50% against its Bitcoin trading pair, which would mark a parabolic movement that puts some serious distance between its recent lows.

XRP Taps Massive Resistance Region as Crypto Market Enters Consolidation Phase 

Bitcoin and the aggregated cryptocurrency market have entered yet another bout of sideways trading, which has been primarily rooted in the BTC’s inability to surmount the resistance that it has found within the mid-$7,000 region.

Because the Bitcoin has been setting the tone for where major altcoins like XRP, Ethereum, and others trend, whether or not they are able to continue climbing higher will be largely dependent on BTC.

In the case of XRP, the embattled crypto is currently consolidating beneath its resistance at $0.20, with its multiple attempts today to surmount this level being a bullish sign.

Analysts concur with this notion, as multiple prominent traders have noted today that they anticipate it to see some further near-term upside.

One trader offered a chart earlier today showing that he is ready to go long if the crypto surmounts its current resistance, with an upside target sitting around its February highs.

XRP
Image Courtesy of TraderSmokey

Traders Agree: A Massive Upswing May Be Imminent

This isn’t the only bullish assessment of XRP currently being offered by analysts, as Bagsy – another prominent and well-respected trader – explained in a tweet that he believes the crypto could soon rally against its Bitcoin trading pair.

XRP Crypto
Image Courtesy of Bagsy

Currently, XRP is trading at 0.00002730 sats, and the upside target on the above chart sits at 0.000041 BTC, which would mark an over 50% climb from its current price levels.

This potential movement would also lead XRP to the highest price levels against Bitcoin seen by it since October of 2019, which is around the time at which the crypto was able to remain stable around $0.30 while Bitcoin declined towards $6,700.

Featured image from Shutterstock.
Tweet123Share218ShareSend
Cole Petersen
Cole Petersen

Cole Petersen

Cole is a cryptocurrency analyst based in Los Angeles. He studied at the University of California Irvine and has been interested in Bitcoin and the crypto markets since 2013.

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

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

XRP Price Strengthens

XRP Price Strengthens — Eyes Set on Key Resistance Levels

XRP price started a decent upward move from the $2.20 zone. The price is now showing positive signs and might...

Aayush Jindal 14 hours ago
Bitcoin

Brazil’s Central Bank Hacked—$40M In Crypto Washed In Aftermath

Bitcoin is again in the spotlight as hackers hogged the headlines following a June 30 attack on C&M Software. The breach...

Christian Encila 10 hours ago
Bitcoin

Bitcoin Meets Heartbreak In Drake’s Latest Track—Details

Grammy‑winning artist Drake has just put out a new track called What Did I Miss? that makes a clear link between...

Christian Encila 1 day 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

XRP

Analyst Predicts XRP Price Will Reach $20-$30 — Elliott Wave Theory Holds The Key

Scott Matherson 4 hours ago
XLM

XLM Traders, Beware! Stellar’s Funding Rate Is Plummeting

Christian Encila 5 hours ago
XRP price news

XRP Price Risks Breakdown To Next Support Level, Why $2.28 Is Important

Scott Matherson 11 hours ago

Premium Sponsors

Press Releases

  • XRP, SOL, LTC holders turn to OPTO Miner to earn $5,777 in...

    40 minutes ago
  • More and more XRP and ETH holders are turning to APT Mienr...

    50 minutes ago
  • 新しい仮想通貨|今買うべき注目の3つの新プロジェクトと高い成長可能性

    ...

    3 hours ago
  • 本日の暗号資産市場が上昇中、その背景とは?次のラリーに備える仮想通貨おすすめ3選

    ...

    3 hours ago
  • 2025年にCardano、XRP、Pepeが急騰か?注目の仮想通貨プレセールと次なるミームコインの動向

    ...

    4 hours ago

Newsletter

Be the first to get the latest important crypto news & events to your inbox.

  • This field is for validation purposes and should be left unchanged.

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.