XRP Bullish Surge: Analysts Predict Major Rally Ahead

Despite recent volatility, XRP is attracting bullish sentiment from analysts who highlight its strong technical setup and upcoming utility boosts. CrediBULL points to XRP’s eight-month consolidation above previous highs as a sign of impending breakout potential, while Ripple Pundit forecasts a 35,000% surge if Ripple secures a banking license. Meanwhile, Mercado Bitcoin’s $200 million real-world asset tokenization on the XRP Ledger adds fundamental support. Technical analyst Ali Martinez identifies $2.38 as the next key resistance level, with a breakout likely triggering a major rally. XRP’s current price sits at $2.25, up 2% in 24 hours, as the crypto community watches for the next big move.

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Bitcoin Eyes $110K as Breakout Signals Fresh Rally

Bitcoin has been trading in a tight range between $103,000 and $104,500 after a recent rally above $100,000. Analysts, including CrediBULL, suggest that the breakout from this consolidation could signal the start of a new upward trend, with a target of $110,660. The setup offers a favorable risk-reward ratio, with invalidation below $103,000. Recent price action has seen BTC briefly surpass $105,000, reinforcing bullish sentiment. However, a drop below $101,800 could shift focus to a local demand zone as support.

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