Well, well, well! An analyst thinks XRP might be on the verge of doing something BIG! They say if it stays above $2.34, it could shoot past $2.65 and even reach some record highs. Yep, that’s right. Buckle up!
Bitcoin Hits a Jaw-Dropping $112,000! Altcoins Get in on the Fun!
After what felt like an eternity of anticipation, bitcoin (BTC) skyrocketed to $112,000 on July 9th, smashing its previous records and heading toward even more glory. But wait, that’s not all! Other big-name cryptos, like ethereum (ETH), XRP, and solana (SOL) also had some pretty sweet gains. XRP rose 4.9%, Solana 3.7%, and who knows what Ethereum’s up to!
The surge in BTC has people buzzing, and it’s mostly thanks to those snazzy spot bitcoin ETFs, which have pulled in a whopping $14.4 billion in net inflows. Oh, and more companies are hoarding BTC like it’s the latest must-have trend. Go figure.
Some conspiracy theorists (or just really, REALLY smart analysts?) suggest that the big bucks are flowing because of de-dollarization. And the US Dollar Index has been slipping 10% this year. Maybe that’s playing a role, huh?
Analyst Calls XRP for a Major Breakout – $4 to $6 Incoming?
But here’s the kicker! While bitcoin’s off dancing with the stars, one analyst is betting that XRP is ready to have its own breakout party. Arthur Azizov, the big brain behind B2 Ventures, thinks if XRP holds above $2.34 for a while, it could climb to a fresh high – think around $2.65. Not bad, right?
“XRP is flirting with a key price point,” Azizov says. “If it sticks above $2.34, it’s probably headed toward a shiny new high. It’s been stuck in a range since last December, so the next move is almost certainly going up!”
And get this: Azizov believes XRP is primed for a breakout, and if it does, don’t be surprised if it hits $4 to $6. No, that’s not a typo. $4 to $6. You heard it here first!
He adds that XRP is one of those rare cryptos that can move on its own, not always following the herd like other altcoins. So, it can either go wild when the market’s quiet or totally buck the trend when things are booming. Could be a rollercoaster ride!
And we can’t forget about the hot rumors – a bunch of XRP ETF applications are under SEC review. Sounds promising, right? Could be a big signal that XRP is just getting warmed up.
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2025-07-10 23:57