The XRP price has made headlines by strongly advancing on Wednesday by breaking through a multi-month resistance area. This move has reignited bullish sentiment among traders. Experts closely monitoring now believe, after witnessing this surge, that another surge could propel the price of XRP to higher levels.
This optimism is supported as its parent company, Ripple, enjoys a series of positive developments, and experts now believe that its price action has led to the emergence of a new inverse head and shoulders pattern, which may indicate a long-term potential reversal in the near future.
Moreover, the investor sentiment has also shifted to a more bullish outlook, with many anticipating that XRP would continue its upward trajectory and aim for a higher target by the end of July.
Analyst Targets $3.30 In XRP Price
Crypto analyst TheSignalyst recently highlighted that the XRP price has entered an Inverse Head and Shoulders pattern. This formation has emerged at a crucial moment, coinciding with strong support levels which were maintained by bullish traders for several months.
As of now, Bitcoin has also surpassed its June high, and XRP crypto is riding on that momentum, having climbed to $2.45. The analyst notes that in the short term, the price could reach between $2.62 and $2.66.
Looking ahead, TheSignalyst displays that a decisive break above the $2.66 level is essential for confirming a bullish continuation. If this setup holds, the analyst projects that the XRP price could potentially reach as high as $3.30 in the long term.
Indicators Analysis Shows Bullish Strength
The XRP price is demonstrating notable bullish strength, with today’s momentum highlighted by several bullish indicators. The MACD has revealed a golden cross, with the histogram rising at 0.0277. Currently, the MACD line sits at 0.0440, while the signal line is at 0.0164.
In addition, the Awesome Oscillator (AO) supports this bullish sentiment, as its histogram has also climbed at 0.1196. The Chaikin Money Flow (CMF) also indicates positive trends, currently jumping from 0 line to 0.11, reflecting an increase in money inflows.
Moreover, the Relative Strength Index (RSI) is on the rise, inching closer to overbought territory at 67.48. This suggests a strong likelihood of another price spike in the short-term before the market becomes overheated.
The cryptocurrency market remains volatile, and XRP is showing signs of weakness despite recently climbing above a descending trendline that had capped every rally since February. After slipping back under key resistance levels, analysts now warn that XRP could be at risk of a deeper pullback in the coming sessions.
At the time of writing, XRP is struggling to hold support around $2.10, having dipped as low as $2.03. Analyst CasiTrades warns that while XRP briefly reclaimed its breakout level, the move could be a false breakout. She added that if open interest begins to rise without a meaningful price move, particularly if it crosses 0.02% or higher — it could signal a high probability of a liquidity sweep to the downside.
“If we fail to hold $2.25, it puts $2.01, $1.90, and even $1.55 in play,” she explained. A capitulation move toward these lower levels, while painful in the short term, could generate the exact momentum XRP needs to finally break free of its multi-year range. CasiTrades said such a shakeout could pave the way for a powerful Wave 3 breakout in the coming weeks.
Technical indicators support the bearish short-term outlook. RSI and Stochastic indicators on the daily and 4-hour charts are showing oversold conditions, hinting at continued selling pressure before a possible rebound. The market is currently watching the $1.95–$1.88 zone closely for signs of stabilization.
Adding to the uncertainty, XRP’s price action remains closely tied to Bitcoin and Ethereum. As both major cryptocurrencies trade within tight ranges and show signs of a potential pullback, altcoins like XRP are likely to mirror this behavior.
While short-term risks remain high, some analysts remain positive about XRP’s medium-term prospects. If the market can shake off current bearish sentiment, XRP could recover towards $2.25–$2.35 initially, with more ambitious targets of $3 by the end of July if bullish momentum builds.
The post XRP Price to Crash 25%? Experts Warn of a Possible $1.55 Test appeared first on Coinpedia Fintech News
The cryptocurrency market remains volatile, and XRP is showing signs of weakness despite recently climbing above a descending trendline that had capped every rally since February. After slipping back under key resistance levels, analysts now warn that XRP could be at risk of a deeper pullback in the coming sessions. At the time of writing, …
The market sentiments have been varying ever since Bitcoin price volatility seems to have choked up. After the recovery, no specific price movement has been observed, which could have raised concerns among the market participants and also among the bulls. However, the investors remain confident about the BTC price action as the exchange reserves continue to drop extensively. But a drop in whale holdings and the miner accumulation could be a matter of concern.
The whales have been extremely vigilant ever since the Bitcoin price began its journey towards the psychological threshold of $100K. Since then, the accumulation has been on a larger scale, which sent bullish waves across the markets. However, the sluggish behavior of the BTC price rally may have compelled them to not only stop accumulating but also shed some of them.
The data from CryptoQuant suggests a major drop in the whale holdings even in times when the price displayed a significant recovery. The total balance held by the whales has dropped by more than 30,000 BTC only in this week. This is one of the largest drops in recent history, which may raise some concerns. On the other hand, the miner’s position has also changed to a large extent. They seem to be bearish on Bitcoin as they have been constantly selling in times when the price declined below $80,000.
Ever since the start of the year, the miners seem to be in disbelief as they have been constantly triggering outflows. In the times when the trend appeared to be changing, they initiated outflows of over 15,000 BTC in the first week of April as soon as the margins sank to 33%, which validates the claim of the accumulation dropping to its lowest pace since February. However, the more FUD, the more the possibility of a larger rebound as the bulls wait for the right time to enter.
Although the whales and the miners have begun to shed their holdings, the market participants remain bullish on Bitcoin. Therefore, the volatility of the token could remain elevated, which could have a larger impact on the upcoming Bitcoin (BTC) price rally.
The post Bitcoin Accumulation at its Lowest Pace—Is This a Matter of Concern for the BTC Price Rally? appeared first on Coinpedia Fintech News
The market sentiments have been varying ever since Bitcoin price volatility seems to have choked up. After the recovery, no specific price movement has been observed, which could have raised concerns among the market participants and also among the bulls. However, the investors remain confident about the BTC price action as the exchange reserves continue …
Meme coins like Pepe Coin (PEPE) and Shiba Inu (SHIB) remain steadfast, with both continuing to attract investors looking for risky, high-stakes plays. While both tokens remain leaders in the space for the meme coins, the space is evolving with investors seeking out options with tangible use cases.
Of the new faces, Remittix (RTX) promises to be the potential game-changer in blockchain finance. While SHIB and PEPE depend on hype and fanfare, RTX is set to transform the way crypto is transferred to fiat. When it comes to making the call in terms of trading, many are asking themselves: Can RTX replace meme coins in 2025?
PEPE’s Price Surge Signals Strength
Pepe Coin (PEPE) keeps gaining momentum at around $0.057141, with its price rising by 7.53% in the last 24 hours. Market cap is at $3 billion, with trading volume decreasing by 26.08%, which shows some sellers are taking profits.
Source: Tradingview
PEPE is the dominant force in the meme coin space during volatility, riding on its popularity and demand in the market. With constant momentum, PEPE can reach new heights, but it will have to see steady investor demand to grow for the long term.
Since the traditional meme coins have always recorded rapid price swings, PEPE investors are also considering other growth prospects like Remittix (RTX)
Shiba Inu (SHIB) Continues Expanding Its Ecosystem
Shiba Inu (SHIB) is still one of the largest meme coins, trading at around $0.00001264, having gained 5.70% over the past day. Its market capitalization is $7.44 billion, with trading volume rising by 6.03%, reflecting continued interest in SHIB’s ecosystem.
Source: Tradingview
The Shibarium layer-2 network is continuing to expand, allowing SHIB to position itself beyond the role of being more than a meme coin. However, even with the growth in the ecosystem, SHIB remains extremely reliant on market speculations, which can make long-term growth unpredictable.
Traders are looking beyond SHIB and PEPE, with many opting for Remittix (RTX) as the new utility-focused option.
Remittix (RTX): The Crypto Set to Eclipse PEPE and SHIB
Remittix (RTX) is also rising to give PEPE and SHIB a run for their money, providing instant crypto to fiat transactions with no fees. Trading at $0.0734 currently, RTX raised more than $13.8 million and sold 518 million tokens, reflecting investor confidence.
Unlike PEPE and SHIB, both reliant on social media buzz, RTX provides real-world use cases for companies and freelancers. Consider the small business owner in Asia who receives payment for services rendered by customers in Europe with RTX, they can instantly off-ramp crypto to fiat, without delay and extortionate banking fees.
This real-world utility makes RTX more than the subject of speculative token but positions it for widespread adoption beyond the trading of meme coins.
Will RTX Outperform PEPE and SHIB in 2025?
While SHIB and PEPE remain at the forefront among the meme coins, Remittix (RTX) is gaining popularity due to its real-world use. Since the typical meme coins have always been plagued by price volatility, RTX’s payment orientation brings less volatility and more potential for sustainable growth.
For investors looking for the next hot thing, RTX offers the rare combination of high growth coupled with real-world use cases. Whereas the fortunes of PEPE and SHIB are governed by market hype, RTX’s fortunes are governed by financial use cases, which makes it a more viable investment.
If RTX keeps increasing at the same level, it can beat meme coins by percentage return by the year 2025.
Secure Your Spot in the Next Big Crypto Investment
As PEPE and SHIB are doing great, investors are eyeing RTX for potential future growth and stability in finances. With its crypto to fiat payment platform, it is raising new standards for the blockchain ecosystem.
In short, while PEPE and SHIB remain the most dominant, RTX’s growing adoption may make it an attractive long-term play. While investors seek utility tokens, RTX is proving to be a force to be reckoned with in the evolving crypto space.
Want to invest in a real-world utility-based cryptocurrency?
Take a glance at the Remittix presale and find out why RTX might outperform PEPE and SHIB in 2025.
The post Pepe Coin (PEPE) and Shiba Inu (SHIB) Are Far From Over, But This $0.020 Crypto Is Poised to Skyrocket and Eclipse Them All by 2025! appeared first on Coinpedia Fintech News
Meme coins like Pepe Coin (PEPE) and Shiba Inu (SHIB) remain steadfast, with both continuing to attract investors looking for risky, high-stakes plays. While both tokens remain leaders in the space for the meme coins, the space is evolving with investors seeking out options with tangible use cases. Of the new faces, Remittix (RTX) promises …
