Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of BitMaden. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

XRP: Optimism Builds for a Potential Rally to $4 and Beyond

Despite a recent market-wide correction, traders remain optimistic about XRP’s future. The asset’s recent 7-year high, positive court developments, and ongoing ecosystem advancements have bolstered confidence within the community. Many see XRP as a standout performer in the crypto sector, with a bright outlook ahead. As crypto markets have been hanging on to precious support levels, the community`s sentiment toward top caps remain in very different positions: Bitcoin $BTC : With a market value just above $92K, crypto`s top asset has disappointed traders over the past 4 weeks now. But… pic.twitter.com/B71JGFtJPI — Santiment (@santimentfeed) January 13, 2025 Bullish Technical Setup Points to Further Gains XRP currently exhibits one of the most bullish technical setups in the cryptocurrency market. Following a successful retest of its breakout zone, the asset appears poised for a significant rally. According to crypto trader CRYPTOWZRD, XRP has “flipped previous resistance into support,” positioning it for a potential climb to $4.00 in the short term, with a higher target of $8.00 on larger time frames. $XRP has one of the most bullish setups in crypto right now after the recent retest of the breakout zone! pic.twitter.com/YPjgv2MPzF — Ali (@ali_charts) January 14, 2025 Additionally, the XRP/BTC trading pair is approaching a critical 30-day resistance level. Clearing this resistance could pave the way for a sustained rally and further upside momentum. $XRP has one of the most bullish setups in crypto right now after the recent retest of the breakout zone! pic.twitter.com/YPjgv2MPzF — Ali (@ali_charts) January 14, 2025 Institutional Interest and ETF Approval Prospects XRP is also gaining attention from institutional investors. JPMorgan has forecasted that XRP and Solana-based ETFs could draw between $3 billion and $8 billion in new investments if approved. Decisions from the U.S. Securities and Exchange Commission (SEC) on these ETFs are expected by late January, potentially acting as a major catalyst for XRP’s price movement. BREAKING: JPMorgan predicts Solana and $XRP ETFs could attract $3–8 billion in new investments if approved, with SEC decisions expected by late January. pic.twitter.com/Nt023Hvg0C — Cointelegraph (@Cointelegraph) January 14, 2025 Conclusion With strong technical indicators, growing institutional interest, and positive sentiment from the trading community, XRP is positioned as a promising contender for significant gains in 2024. As the market watches for ETF approval and key resistance breakouts, XRP could be on track for a rally to $4 and beyond, making it one of the most closely monitored assets in the crypto space. Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services. Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news ! Image Source: garloon/ 123RF // Image Effects by Colorcinch CoinOtag

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JUST IN! Binance Announced That It Would Delist This Altcoin, The Price Dropped Sharply!

Binance, the world`s largest cryptocurrency exchange, started the day with an altcoin announcement. At this point, Binance announced that it will delist the altcoin REEF from futures. “Binance Futures will close all positions in the REEF/USDT perpetual contract and perform an automatic settlement on 2025-01-22 09:00 (UTC). Once the settlement is complete, the REEF/USDT contract will be delisted. Users are advised to close open positions before the exchange exit time to avoid automatic closing. Users will not be allowed to open new positions for the REEF/USDT contract as of 2025-01-22 08:30 (UTC).” After the Binance announcement, REEF price dropped by 15%. *This is not investment advice. Continue Reading: JUST IN! Binance Announced That It Would Delist This Altcoin, The Price Dropped Sharply! CoinOtag