Bitcoin price hovers in the $61,000 price range, altcoins show bullish strength.
XRP is set for a major pump this bull run, which may be delayed due to the SEC’s appeal.
Ripple’s XRP indicated bullish indicators that could take the price of XRP to $44.
As the price of Bitcoin (BTC) staggers around the $61,000 price mark, altcoins rush to set bullish indicators across their price charts. So far, many altcoins have already begun to surge. Assets like RENDER, SUI, FET, VET, and many other altcoins are reaching closer to setting new ATH with over 20% surges in under a week.
Meanwhile, analysts are scrambling to determine which altcoin will surge next. As of now, many altcoin price charts have printed bullish indicators like cup and handle patterns and golden crosses. Yet, as to when these assets will moon is still in the air. However, with the arrival of altseason on the horizon, analysts expect these surges to occurs faster than expected.
Can Ripple’s XRP Moon Despite SEC’s Appeal?
To highlight, one of the most bullish altcoins this bull run is Ripple’s XRP. The altcoin missed the previous bull run due to its battle with the SEC. Now, having secured a victory in the case, the asset still faces another prolonged conclusion to the victorious battle. While many analysts expect a major pump for XRP price, some still remain unsure of when it will occur due to the SEC’s ongoing appeal actions.
XRP Price Chart Indicates Bullish $44 ATH Signal
According to some analysts, XRP’s expected pump is set to be monumental. The asset could hit a new ATH that could take the price of XRP to a cycle top of $31. According to Egrag Crypto, the possibilities for new ATH in XRP price is abundant. So far, he has shared multiple bullish chart patterns for XRP, the latest of which suggests a $44 XRP ATH.
https://x.com/egragcrypto/status/1841396150391197897
As we can see from the post above, the XRP Fib Channel Analysis states that since the inception of XRP, the chart indicates an expectation for XRP to reach major highs in the coming weeks. The char points at new ATHs that could take XRP price to $13, $27, and $44.
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