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$33 XRP ATH Gains Momentum as Analyst Expects Another 30% Pump for Bitcoin to Hit ATH of $116,652

source-logo  cryptonewsland.com 18 November 2024 14:22, UTC
  • Latest DOGE and XRP prices pumps altseason arrival.
  • Analyst expects the coming altseason to be the biggest one yet.
  • XRP ATH could hit $33 while BTC price willhit higher 6-digit targets in the coming weeks.

Bitcoin price holds steady in the $90,000 price range and expectations for the pioneer crypto asset to hit new 6-digit ATH are still just as strong. One analyst expects another near 40% move towards an upward surge that will likely take BTC price to an ATH of $116,652 and perhaps even greater in the coming year.

DOGE and XRP Fuel Upcoming Altseason

Job's not finished šŸ!#Bitcoin (BTC) and another near +30% move to $116,652 can be on the way and coming sooner + at a greater pace than many thinkā€¦ https://t.co/7mCjvkjQTr pic.twitter.com/fIjKcEo6kB

ā€” JAVONāš”ļøMARKS (@JavonTM1) November 17, 2024

Meanwhile, expectations for a bullish altseason continue to gain momentum. Further feeding the flame is the latest pump in popular altcoin prices. For instance, the price of DOGE has increased by over 150% in the last month. Similarly, the price of Rippleā€™s XRP pumped by 100% in under 2 days igniting long-awaited ATH sentiment for XRP.

#XRP is perfectly respecting its long-term parallel channel, climbing steadily toward the $33 target.

This breakout is the start of a move that's been building for years. pic.twitter.com/vRV53nBq7N

ā€” STEPH IS CRYPTO (@Steph_iscrypto) November 17, 2024

Rippleā€™s XRP missed the last bull cycle due to its battle with the SEC. This battle has now reached a conclusion favoring XRP which means the long-awaited pump for XRP is yet to arrive and this latest pump is a highly bullish indication for new XRP ATHs. As we can see from the post above, expectations are high with ATH predictions for XRP reaching $27-$33.

Are We Entering the Biggest Altseason Yet?

This pump in popular altcoin prices has led some analysts to believe that altseason will start within the next 4-6 weeks. A huge indicator will be the altcoin market cap 2-week MACD, this signal could close a bullish golden cross pattern for the first time since 2023. The previous time this pattern played out, the altcoin market cap pumped by 300%. The analyst concludes with an expectation for a 100x altseason ahead.

cryptonewsland.com