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    Home » XRP Positioned for a Significant Surge, Analyst Forecasts Major Bullish Breakout
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    XRP Positioned for a Significant Surge, Analyst Forecasts Major Bullish Breakout

    By adminDec. 26, 2024Updated:Jan. 9, 2025No Comments2 Mins Read
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    A popular cryptocurrency analyst is expressing an optimistic outlook for XRP, particularly when paired against Bitcoin (BTC).

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    CredibleCrypto stated that XRP is showing strong potential and is positioned for growth. He revealed plans to take a long position in XRP in the near future. According to his chart analysis, XRP might experience a slight downturn before surging by around 65%.

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    He identifies an inverse head-and-shoulders pattern, which in technical analysis is often interpreted as a bullish signal. CredibleCrypto describes XRP’s chart as one of the most promising in the market, likening it to a “powder keg” ready to explode.

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    Bitcoin, Memecoins, and AI Coins Set for Major Growth in 2025 Amid Regulatory Shifts Talking about Ethereum (ETH), CredibleCrypto forecasts the price could range between $3,000 and $3,800, with a potential dip to around $2,800 before rallying past the $6,000 mark to reach a new all-time high. For the ETH/BTC pair, the analyst believes Ethereum may dip to around 0.02700 to 0.02800 BTC before making a significant move upwards.

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    CredibleCrypto views this potential dip as an ideal entry point to enter a long position for ETH/BTC, signaling that the current grind down in the market could set up a major bottom for Ethereum’s price action.

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