XRP Price Flashes Symmetrical Triangle From 2017, A Repeat Could Send It as Flying To $30
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. The XRP price may be gearing up for a historic breakout as a long-term Symmetric Triangle pattern from 2017 resurfaces on the charts. If history repeats and a similar explosive move follows, a crypto analyst predicts XRP could skyrocket to an eye-popping $30. XRP Price Triangle Pattern Signals Breakout Above $30 A new technical analysis by Egrag Crypto, a crypto analyst on X (formerly Twitter), has stirred excitement among XRP supporters, suggesting that the digital asset may be on the brink of a historic price surge and that XRP could jump from its current market value of $2 to reach $30 soon. Related Reading While this figure may seem rather ambitious, Egrag Crypto has identified a massive Symmetrical Triangle formation on XRP’s monthly chart. Interestingly, the analyst has revealed that this pattern is strikingly similar to one that preceded XRP’s legendary 2,600% rally in the 2017 bull market. In the 2017-2018 bull market, XRP had surged to an all-time high of $3.84 in just months. Now, after years of tightening price action within a giant Symmetrical Triangle, the altcoin appears to be breaking out once again, and this time, the analyst predicts that the upside could be even more explosive. Source: Egrag Crypto on X According to Egrag Crypto’s chart, if the asset mirrors its previous 2,600% triangle breakout, it could soar from the breakout zone around $1.20 to as high as $32.36. Notably, XRP’s Symmetrical Triangle formation is a classic consolidation pattern that usually results in a bullish surge in the direction of the prevailing trend. Currently, XRP’s all-time high is $3.84. A potential surge to $32.36 would represent a whopping 741.6% increase, propelling its price to a level far exceeding its historical peak. Bullish Pennants Strengthen Symmetrical Triangle Forecast Egrag Crypto’s bullish forecast for XRP is supported by a textbook diagram comparing bullish pennants and symmetrical triangles, both of which point to double target zones once a breakout occurs. The pattern suggests that once the altcoin escapes its multi-year consolidation, the analyst’s projected rally may play out in three stages: an initial pump, followed by a retracement, and a second explosive move. Related Reading The XRP price chart shows a lower target, around $3.52, which aligns with the 1.0 Fibonacci retracement level. This indicates that the token could see a temporary rebound to 3.52, followed by a short-term pullback to the triangle breakout point at $1.20, before ultimately bouncing toward the projected $32.36 target. Notably, this movement aligns with XRP’s current market structure, where it has maintained long-term support and is now showing signs of upward momentum. While historical price patterns offer insights into potential moves, the predicted rise to $32.36 is uncertain, given the magnitude of such a rise. XRP trading at $2 on the 1D chart | Source: XRPUSDT on Tradingview.com Featured image from Adobe Stock, chart from Tradingview.com
Bitcoin Buy Signal Confirmed? Analysts Highlight Key Reversal Zone In Play
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. In an X post shared earlier today, crypto analyst Ali Martinez noted that Bitcoin (BTC) is flashing a buy signal. Another analyst, Titan Of Crypto, highlighted that BTC is currently trading in a reversal zone – suggesting that the leading cryptocurrency may soon experience a shift in price momentum. Bitcoin Flashes Buy Signal Amid Market Pullback Compared to the price action seen last year, Q1 2025 has been relatively sluggish for digital assets. On a year-to-date (YTD) basis, BTC is down nearly 30%, dropping from around $97,600 on January 1 to approximately $78,000 at the time of writing. Related Reading Following yesterday’s tariff-induced crypto market pullback – which wiped over $140 billion from the total crypto market cap – BTC is now beginning to show early signs of strength. Martinez emphasized that Bitcoin is flashing a weekly TD Sequential buy signal. Source: ali_charts on X For the uninitiated, the weekly TD Sequential buy signal is a technical indicator that suggests a potential trend reversal or buying opportunity after a prolonged downtrend. It typically appears when a specific 9-count pattern completes, signalling that selling pressure may be exhausted and a price rebound could be near. Meanwhile, fellow crypto analyst Titan Of Crypto pointed out that BTC is trading within a potential reversal zone. He noted that as long as BTC remains above the 38.2% Fibonacci retracement level, the broader uptrend would remain intact. Source: Titan of Crypto on X Additionally, Titan highlighted that BTC’s Fair Value Gap (FVG) at $80,000 has now been filled – a development that further boosts the case for a potential trend reversal or significant price action at current levels. To explain, an FVG is a price imbalance on a chart, often created by a strong move in one direction, where little to no trading occurred. It indicates a potential area where price may return to “fill the gap” before continuing its trend. Recent BTC Price Drop Not Out Of The Ordinary Another crypto analyst, Master Of Crypto, remarked that although the recent BTC price decline may have alarmed some investors, it’s well within the bounds of historical norms. The analyst pointed out that BTC is currently trading about 26.6% below its all-time high (ATH) of $109,500. Related Reading However, this decline is still less severe than previous market cycle drawdowns, such as 83% in 2018 and 73% in 2022. The analyst added that besides the price pullback, BTC’s weekly Relative Strength Index (RSI) has also been trending down for five weeks. Source: Master of Crypto on X That said, technical indicators suggest that it may take more time before BTC sees a meaningful shift in price momentum. For instance, the top cryptocurrency recently flashed a death cross, a bearish pattern that could signal further short-term downside. At press time, BTC trades at $78,543, down 0.3% in the past 24 hours. BTC trades at $78,543 on the daily chart | Source: BTCUSDT on TradingView.com Featured image from Unsplash, Charts from X, and TradingView.com
XRP Bulls Eye $5 Target: Key Levels To Watch For Potential Breakout
Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms of storing, and transferring value. He is a staunch advocate for the adoption of cryptocurrency as he believes it can improve the digitalization and transparency of the existing financial systems. In two years of active crypto writing, Semilore has covered multiple aspects of the digital asset space including blockchains, decentralized finance (DeFi), staking, non-fungible tokens (NFT), regulations and network upgrades among others. In his early years, Semilore honed his skills as a content writer, curating educational articles that catered to a wide audience. His pieces were particularly valuable for individuals new to the crypto space, offering insightful explanations that demystified the world of digital currencies. Semilore also curated pieces for veteran crypto users ensuring they were up to date with the latest blockchains, decentralized applications and network updates. This foundation in educational writing has continued to inform his work, ensuring that his current work remains accessible, accurate and informative. Currently at NewsBTC, Semilore is dedicated to reporting the latest news on cryptocurrency price action, on-chain developments and whale activity. He also covers the latest token analysis and price predictions by top market experts thus providing readers with potentially insightful and actionable information. Through his meticulous research and engaging writing style, Semilore strives to establish himself as a trusted source in the crypto journalism field to inform and educate his audience on the latest trends and developments in the rapidly evolving world of digital assets. Outside his work, Semilore possesses other passions like all individuals. He is a big music fan with an interest in almost every genre. He can be described as a “music nomad” always ready to listen to new artists and explore new trends. Semilore Faleti is also a strong advocate for social justice, preaching fairness, inclusivity, and equity. He actively promotes the engagement of issues centred around systemic inequalities and all forms of discrimination. He also promotes political participation by all persons at all levels. He believes active contribution to governmental systems and policies is the fastest and most effective way to bring about permanent positive change in any society. In conclusion, Semilore Faleti exemplifies the convergence of expertise, passion, and advocacy in the world of crypto journalism. He is a rare individual whose work in documenting the evolution of cryptocurrency will remain relevant for years to come. His dedication to demystifying digital assets and advocating for their adoption, combined with his commitment to social justice and political engagement, positions him as a dynamic and influential voice in the industry. Whether through his meticulous reporting at NewsBTC or his fervent promotion of fairness and equity, Semilore continues to inform, educate, and inspire his audience, striving for a more transparent and inclusive financial future.
Dogecoin Price Notches Higher Lows Amid Market Downturn, Why A 270% Surge Is Possible
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. The Dogecoin price has been defying broader market weakness by establishing a series of higher lows. Amidst the market downturn, technical indicators suggest that Dogecoin could be setting the stage for an explosive rally, with analysts predicting a 270% surge to a new price high. Dogecoin Price Prepares For 270% Surge A Dogecoin price chart shared by crypto analyst Javon Marks reveals a critical shift in momentum. Following a prolonged downtrend that saw the meme coin’s price crash to significant lows, Dogecoin has now broken out of a descending trendline, signaling the potential end of its bear cycle. Related Reading Since reaching a cycle low, Dogecoin has consistently posted higher lows — a common sign of growing buying pressure and a steady uptrend. Following the formation of its latest higher low, Marks believes that DOGE is now positioned in a bullish set-up. Historically, similar patterns have preceded parabolic moves in the Dogecoin price, suggesting that the meme coin could be gearing up for an uptrend continuation. According to Marks‘ analysis, if Dogecoin follows the established trend, the next impulsive wave could push its price to $0.653, marking an explosive 270% surge. Source: Javon Marks on X While past higher low formations support the likelihood of the analyst’s projected rally, Dogecoin’s recent breakout from the descending trendline reinforces its bullish structure. Marks also suggests that a climb to the $0.63 level could serve as a launchpad for Dogecoin, potentially driving its price even higher to $1.25 if its momentum persists. Despite the ongoing market volatility, DOGE continues to hold key support levels as it eyes a fresh breakout. Notably, a surge to the $1.25 target would mark an impressive 681.25% increase from the meme coin’s current market value of $0.16. DOGE Faces Make Or Break Level According to crypto analyst Ali Martinez, the Dogecoin price is currently at a make-or-break point, meaning that its next move could determine whether it sees a significant breakout or a sharp decline. Sharing a price chart highlighting Fibonacci retracements and trend channels, the analyst revealed that Dogecoin is sitting on a key ascending trendline that has acted as support since 2018. Related Reading This trend line aligns with the 0.796 Fibonacci retracement level at $0.16, marking it a crucial support zone. If Dogecoin holds above this level, it could trigger a bullish continuation, with the next major Fibonacci extension level at $0.57. Surpassing this price mark could also propel Dogecoin to the 1.272 Fib at $2.77. On the flip side, if Dogecoin breaks below $0.16, the next major support lies around the 0.618 Fib at $0.06. The analyst’s chart also highlights a possible breakdown to $0.0066 or even as low as $0.0016 if bearish momentum persists. DOGE trading at $0.16 on the 1D chart | Source: DOGEUSDT on Tradingview.com Featured image from iStock, chart from Tradingview.com