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COINTURK NEWS > Ripple (XRP) > Crypto Expert Predicts Potential Surge in XRP and Bitcoin Prices
Ripple (XRP)

Crypto Expert Predicts Potential Surge in XRP and Bitcoin Prices

In Brief

  • Analyst expects XRP to surge soon, currently priced at $3.17.

  • Bitcoin could potentially reach $120,000 with a strong upcoming movement.

  • Stellar (XLM) faces a challenging market, currently at $0.427.

Fatih Uçar
Fatih Uçar 4 months ago
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A popular crypto analyst believes that a prominent altcoin is on the verge of a new surge. With a following of 240,300, Altcoin Sherpa stated on social media that XRP’s next movement is imminent.

Contents
Anticipated Rise in XRPBold Predictions for BitcoinComments on Stellar (XLM)

Anticipated Rise in XRP

According to Altcoin Sherpa, XRP is currently trading at $3.17. This cryptocurrency, ranked third in market capitalization, has recorded an increase of over 5% in the past week.

Bold Predictions for Bitcoin

Altcoin Sherpa thinks that a strong movement is approaching that could push Bitcoin $111,721‘s (BTC) price to $120,000. Meanwhile, the leading cryptocurrency BTC experienced a decline of over 2.5% in the last 24 hours, despite showing an increase of more than 3% over the past week.

Comments on Stellar (XLM)

The analyst has also mapped out a potential upward path for Stellar (XLM), a competitor to XRP. Currently priced at $0.427, XLM ranks 18th in market capitalization and has witnessed nearly a 4% drop in the last 24 hours and approximately a 10% decline over the past week.

“You can see a multi-year consolidation box in green, followed by an explosive move and then a drop. I expect to see a final exit pump for such coins; I’m unsure if it will break the old all-time high, but it should be higher than now.”

While Altcoin Sherpa continues to share market analyses, he is focusing on XRP, BTC, and Stellar. The volatility in cryptocurrency markets presents significant opportunities for investors, though caution is advised.

Investors should consider Altcoin Sherpa’s predictions while conducting their research and prioritizing risk management. Understanding the general state of the market and future expectations can aid investors in making informed decisions.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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Fatih Uçar 24 January, 2025 - 1:35 pm 24 January, 2025 - 1:35 pm
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