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XRP eyes $100 this cycle if historical pattern plays out, according to technical analyst

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XRP breakout in the current cycle could be preparing the token to rally to $100 if a repeating historical pattern plays out. According to technical analyst Gert van Lagen, the projection is based on the fact that the Ripple-affiliated token has confirmed a double-bottom breakout, a bullish structure that previously led to XRP’s rise in 2017. In an X post on January 14, Van Lagen noted that the double-bottom formation emerged in the 2017-2018 cycle, during which XRP surged to its all-time high near $3.50 after breaking through its neckline resistance and successfully retesting it. Picks for you Machine learning algorithm predicts SHIB price for January 31, 2025 29 mins ago Michael Guest net worth revealed: How rich is the Mississippi r...

Machine learning algorithm predicts Bitcoin’s price for August 31

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Bitcoin (BTC) has failed to break past the $60,000 resistance zone, with the maiden cryptocurrency consolidating below this level. A break above the $60,000 resistance is a significant catalyst likely to propel Bitcoin to a new all-time high. Amid the current price movement, Bitcoin has witnessed increased whale activity as investors anticipate a possible breakout.  For instance, crypto analyst Ali Martinez shared data in an X post on August 19, revealing that Bitcoin whales have recently realized over $92.7 million in profits. According to the latest data from CryptoQuant, a surge in profit-taking activity occurred between late July and mid-August. Picks for you Bitcoin Rainbow chart predicts BTC price for 2025 34 mins ago Meta AI pr...