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Cryptocurrency strategist DonAlt suggests that XRP could reach new heights if it maintains a weekly close above $2.59. Surpassing this level could see the price rapidly rise to $3.40. Additionally, he notes that the strengthening relationship between Bitcoin 
$97,041 and gold may further cement BTC’s position as digital gold. Traders are closely monitoring Bitcoin’s critical support levels and the potential upward breakout of XRP. Here are the analyst’s insights and technical expectations.
XRP Price Surge Expectations Gain Momentum
DonAlt highlights that a weekly close above $2.59 would likely propel XRP’s price to $3.40. This level is viewed as a significant resistance point for the altcoin. If XRP breaks this resistance and sustains above it, new market entries from traders are anticipated.
Conversely, if the price fails to surpass $2.59, fluctuations within a certain range are expected. Market volume and overall sentiment are critical for XRP’s upward movement. Analysts stress the importance of traders keenly observing this level.
Bitcoin Maintains Critical Support Levels
Bitcoin’s support at $101,303 is drawing attention. According to DonAlt, as long as this level holds, the likelihood of Bitcoin reaching new peaks remains high. Particularly, not dipping below this support level could serve as a reassuring signal for traders.
DonAlt also indicates that the rising BTC/gold ratio is steering traders to view Bitcoin as digital gold. As gold rises, Bitcoin’s relatively better performance could create significant opportunities for the leading cryptocurrency.
The price relationship between BTC and gold may lead to new strategies in the coming period. Market analysts believe this situation could yield positive long-term results for Bitcoin.
