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XRP Price On Its Way To $10 In Only 3 Months If It Follows This Pattern

The XRP price has continued its steep correction into the past 24 hours, with it currently hovering around the $2.2 price level. Nonetheless, analysts are still concerned about the possibility of the XRP price reaching new highs sooner than later, with some giving projections into the two-digit threshold at $10 and beyond. Interestingly, crypto analyst Cryptoinsightuk recently shared his thoughts on social media platform X, drawing attention to a potential roadmap for XRP to achieve this ambitious target. Mirroring The 2017 XRP Price Pattern Cryptoinsightuk has brought a compelling perspective to the ongoing XRP price correction and its previous rally, highlighting how its current trajectory resembles the movement it experienced in 2017. Back then, XRP consolidated a little bit in early 2017 before undergoing a powerful rally that extended into 2018. Related Reading: XRP Battles Critical $2.20 Support Level — Will It Target $2.70 Or Slip To $1.96? With this in mind, technical analysis from Cryptoinsightuk adjusted the price action at that time to size in relation to XRP’s previous breakout in early October. According to this, if XRP continues to follow the 2017 pattern, the cryptocurrency could replicate this crazy move throughout 2025. Interestingly, the analyst’s overlay of the 2017 price action suggested that the XRP’s 460% price breakout from its early October range of $0.5 is already halfway into replicating this movement. If this were to continue playing out this way, the analyst expects XRP to break above $10 in the first quarter of 2025. However, Cryptoinsightuk’s projections extend beyond this initial $10 target in Q1 2025. If XRP’s price continues to mimic the historic movement beyond the first quarter, the analyst envisions what he describes as a “moon boy blow-off top.” This phase, which is characterized by a larger parabolic surge in price, could push XRP as high as $35 by the third or fourth quarter of 2025. Factors To Push XRP’s Bullish Trajectory CryptoinsightUK’s bullish outlook on XRP hinges on the cryptocurrency’s ability to replicate its 2017 movement. Back then, the parabolic surge saw XRP go from below $0.0060 until it reached its current all-time high of $3.40. Punching in the numbers, this comes up to around 56,000% gain over 12 months or so. Related Reading: Bitcoin $178K Target In Sight? Analyst Highlights Bollinger Band Retest Mirroring Jan. 2024 Rally While XRP is currently in a positive market sentiment to continue a strong bullish move, market conditions in 2024 are different from those in 2017. Furthermore, the amount of inflow capital needed to reach $10 or $35 at this point would be far greater than what it took to reach $3.4 in 2018. However, increased institutional involvement and factors like political and expected regulatory positivity in 2025 suggest that the XRP price could nonetheless go on a comparable surge. Additionally, broader crypto market trends, such as Bitcoin’s performance, could contribute to the predicted XRP price surge. At the time of writing, XRP is trading at $2.18. Reaching the $10 and $35 price targets would translate to a 358% and 1,505% move, respectively. Featured image created with Dall.E, chart from Tradingview.com

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Whales Fuel BONK Surge, Monero Rallies Strong! Next Big Crypto?

The post Whales Fuel BONK Surge, Monero Rallies Strong! Next Big Crypto? appeared first on Coinpedia Fintech News Out of ashes, a Phoenix shall rise. That’s probably the befitting quote that highlights Monero and BONK’s recent surge. BONK price is gaining traction again – a major listing and surging whale activities have pushed it to a new ATH. Monero, often under regulatory fire, has also shown signs of life with a 5.8% rally despite recent adversities. It’s even better for the new DeFi powerhouse, Lunex Network. Its ongoing presale surged powerfully by 300% after $5.4 million has been raised, thanks to its redefining DeFi revolution. Are these the next big crypto? Lunex Network leads DeFi At The Forefront In Presale. The Next Big Crypto? In a landscape where established crypto are making waves, the DeFi all-rounder and the next big crypto crown is taken away by Lunex Network. This hybrid exchange is not just entering the market—it’s rewriting the rules of trading by addressing the flaws that have long plagued both centralized and decentralized platforms. This alone supersedes BONK’s speculative fad and Monero’s regulatory battles. Lunex Network bridges the divide between CEXs and DEXs with a revolutionary hybrid model, delivering the best of both worlds. The tech is one of a kind, too. It offers unbeatable security from its Enclave-backed noncustodial asset management solution, institutional-grade liquidity, an enterprise-grade e-commerce solution for businesses, and up-to-date trading tools for traders. Nothing comes close, and it’s easy to see why analysts think it’s the next big crypto. Whale’s Big Buys And Major Listing Fuel BONK Surge BONK’s price has been surging on the tailwind of meme coins’ resurgence. Whale activity and a listing that put BONK’s price in the Asian market spotlight have propelled this Solana star to a new ATH. In a bold move, a high-profile whale poured $3.4 million USDC into acquiring a staggering 65.4 billion BONK tokens. The hefty snap-up that showcases investors’ confidence has boosted sentiment for the BONK price. Beyond this, BONK’s recent securing of a listing on South Korea’s Upbit exchange has also heightened trading activity. Open interest is up in the sky, too. BONK’s OI went from under $10 million to $60 million, and the sharp rise improved market participation. Monero Shows Signs Of Strength Despite Adversities. Dominance in adversity—that’s rare, but Monero is pulling that off. Its privacy-focused solution, which has been getting on regulatory and exchanges’ nerves, has defied bearish pressure. Despite regulatory hurdles and exchange delistings, Monero’s price blew up 5% to $160, marking an astonishing 15% rebound from its monthly lows. Privacy coins like Monero have long been targets of regulatory scrutiny. Kraken recently delisted the coin in compliance with MiCA. Yet, Monero’s advocates remain resilient. Technically, Monero shows promising signs of recovery. Conclusion As BONK price and Monero rally amid market optimism, Lunex Network is emerging as the true game-changer in the crypto world. Lunex Network is rewriting the DeFi playbook with its hybrid exchange model that bridges the best features of both CEXs and DEXs. This is paying off already! $5.4 million was raised in liquidity, and analysts are saying its 300% growth is just the beginning. You can find more information about Lunex Network (LNEX) here: Website : https://lunexnetwork.com Socials: https://linktr.ee/lunexnetwork NewsBTC

Whales Flock to Chainlink (LINK) Amid Price Dip With a $44 Million Purchase

Chainlink (LINK) briefly dropped to $20.1 during the weekend before staging a quick recovery to a little over $23. The latest dip, however, extended its weekly losses to almost 22%. This prompted many whales to accumulate the token. LINK Whales’ Conviction There has been a noticeable uptick in the holdings of wallets containing between 10 million and 100 million LINK coins, rising from approximately 475.79 million to 479.78 million within a short period. According to popular crypto analyst Ali Martinez, this translates to a purchase of over $44 million worth of LINK, which reflects bullish behavior among large holders during the price retracement. The accumulation trend suggests growing confidence in LINK’s long-term potential. Lookonchain’s recent tweet further validated the strong conviction among whales. The blockchain analytics platform identified nine fresh wallets withdrawing a total of 362,380 LINK tokens, which is worth around $8.19 million, from Binance within the last 48 hours. Before the recent market turmoil, the LINK token saw a significant price increase and a boost in market activity, attributed to World Liberty Financial (WLFI) – a project backed by Donald Trump’s family – strategically increasing its holdings. This wave of renewed interest has led to a sharp rise in market activity. As such, CoinCodex has predicted that Chainlink’s price will increase by more than 53%, potentially reaching $35.56 by January 22, 2025. The market sentiment remains Neutral, while the Fear & Greed Index stands at 70 (Greed). In the past 30 days, Chainlink had 16 green days out of 30, with a volatility of 17.48%. Chainlink Leads Real-World Assets (RWA) Sector Earlier this month, market intelligence platform Santiment reported that Chainlink is at the forefront of the real-world assets (RWA) sector in terms of development activity. Its analysis highlighted that the decentralized oracle network is leading the sector, followed by Synthetix (SNX), a synthetic asset platform based on Ethereum, and Dusk Foundation (DUSK), which focuses on privacy and tokenization. According to the data, Chainlink recorded nearly 394 significant GitHub events in the last 30 days, while Synthetix and Dusk Foundation had 176.6 and 34.7, respectively. Besides, Chainlink has partnered with leading companies such as Coinbase, SWIFT, UBS, and Emirates NBD for the RWA tokenization industry. The post Whales Flock to Chainlink (LINK) Amid Price Dip With a $44 Million Purchase appeared first on CryptoPotato . NewsBTC