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XRP Nearing Explosive Breakout—$10 Target In Sight, Expert Says

A top Korean Elliott Wave expert has forecasted that XRP may move between $10 and $40 over the next few months, which reflects possible gains of as much as 1,726% from current market levels. XForceGlobal, Korea’s first ever certified Elliott Wave analyst, is of the view that the cryptocurrency has entered the completion phase of its correction cycle and now stands ready to go into a big bull run. Related Reading: Ethereum To Hit $5k Before Its 10th Birthday, Justin Sun Says Technical Pattern Signals End Of Downward Trend XRP has completed what technical analysts term a “WXY corrective pattern” as per XForceGlobal. The technical pattern has often indicated that a period of a pullback is concluding. The analyst said Wave W was the initial response of the market to profit-taking once XRP had risen six times in price. Wave X momentarily picked up the upward trend with minimal momentum before Wave Y concluded the correction with another orderly downward trajectory. The cryptocurrency fell approximately 50% from its January 2025 peak of $3.33 to a low of $1.638. However, it has since rebounded by 34% to trade at $2.20 at the time of reporting. $XRP We’ve been calling for this exact pullback for months. We are inching that much closer to a historic breakout to $10+. Progress may be gradual, but it’s undeniable. https://t.co/QxWbJRPhMq pic.twitter.com/9lbnZjaTHz — XForceGlobal (@XForceGlobal) April 24, 2025 Price Targets Range From $10 To $40 XForceGlobal’s analysis puts XRP in wave 2 of a bigger fifth wave, indicating the next big move would be a strong wave 3. The analyst has had a minimum target of $10, which would be a 350% rise from current levels. His upper target of $40 would be an unprecedented 1,726% rise. The prediction relies on Elliott Wave Theory, which tries to foresee market movements through patterns of investor sentiment expressing themselves in price waves. The predictions rely on the strength and expansion of waves 3 and 5 within the overall structure of the market. Korean Markets Act As Leading Indicators XForceGlobal pointed out that Korean cryptocurrency exchanges play a vital role in the prediction of XRP price fluctuations. In the opinion of the analyst, Korean markets have in the past led in the recognition of significant XRP tops and bottoms. The similarity between XRP’s Korean won (KRW) chart and its US dollar chart was highlighted as especially significant. “We’re seeing the same structure on both charts. That adds conviction that wave 2 may be complete,” the analyst said. Related Reading: Ethereum ‘Heating Up’ – Address Activity Jumps Nearly 10% In 2 Days Investment Strategy Recommendations Although the recent 40% advance from lows is the current state, XForceGlobal described recent short-term decline as typical market action. The analyst indicated that “smart money” is already accumulating in XRP as retail interest starts coming back. XForceGlobal compared the strength of XRP’s community against the reported dwindling enthusiasm for Ethereum and Solana. The last stage of this cycle might involve a vertical, parabolic price action, perhaps initiating a new wave of FOMO among investors. Featured image from CoinFlip, chart from TradingView

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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.

Crypto trader nets $670k profit within a day as TRUMP dinner spot push heats up

Summary ⚈Trader nets $670K in a day by swapping Fartcoin for TRUMP tokens amid dinner invite hype. ⚈ Top 25 TRUMP holders promised exclusive dinner with Trump, fueling whale activity. ⚈ TRUMP token is volatile but remains up 82% on the week, trading above key support. A cryptocurrency trader has netted almost $670,000 through a trade involving the Official Trump ( TRUMP ), amid a rush by the coin’s top holders to secure an exclusive dinner with President Donald Trump. Details of the trade indicate that the investor began by swapping their entire 1.18 million Fartcoin ( FARTCOIN ) position, valued at $1.22 million, into 78,671 TRUMP tokens, according to the latest on-chain data retrieved by Finbold from Lookonchain on April 27. This transaction saw the trader move funds from Jupiter Aggregator Authority 14 to a wallet. The TRUMP token, launched by President Trump, surged in value, resulting in a portfolio worth $1.96 million and a profit of $669,000 in under a day. Crypto trader’s transactions swapping TRUMP. Source: Lookonchain Before this transaction, the trader executed five swing trades in Fartcoin over the past few days, each yielding consistent profits. Crypto trader’s transactions swapping TRUMP. Source: Lookonchain Increased TRUMP whale transactions The timing of this financial feat aligns with a recent announcement that the top 25 holders of TRUMP will receive “an ultra-exclusive VIP reception with the president,” along with a special tour, according to the token’s website. As a result, the meme coin has seen an increase in whale transactions, with some investors seemingly hoping to secure a spot at the dinner table. In contrast, others have capitalized on the resulting price surge. For instance, as reported by Finbold, another unidentified trader swapped $300,000 into TRUMP in a bid to secure a dinner invitation. Additionally, Lookonchain data indicated that another unidentified trader, who had previously sold off TRUMP tokens ahead of the dinner news, re-entered the market on April 27. The investor spent $5.2 million in USDC to repurchase 337,560 TRUMP tokens at an average price of $15.39. TRUMP price analysis As of press time, TRUMP was showing signs of weakness, correcting from its recent rally triggered by the dinner announcements. The token is currently valued at $14.83, down almost 3% over the past 24 hours. However, on the weekly chart, the coin is up a massive 82%. TRUMP seven-day price chart. Source: Finbold Although sentiment around TRUMP remains bullish, the token is experiencing relatively high volatility. Still, the short-term outlook appears positive, with the price trading well above the 50-day simple moving average ( SMA ) of $10.34. Featured image from Shutterstock The post Crypto trader nets $670k profit within a day as TRUMP dinner spot push heats up appeared first on Finbold . NewsBTC

North Korean Hackers Deceive Cryptocurrency Enthusiasts with Fake Companies

North Korean hackers exploit fake companies to target cryptocurrency investors. The FBI has seized the domains of these fraudulent companies. Continue Reading: North Korean Hackers Deceive Cryptocurrency Enthusiasts with Fake Companies The post North Korean Hackers Deceive Cryptocurrency Enthusiasts with Fake Companies appeared first on COINTURK NEWS . NewsBTC