Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
XRP is off to a strong start this year, climbing 14% in just the past 7 days as momentum builds across the altcoin market.
A breakout above a key trend line resistance now supports a bullish XRP price prediction for the weeks ahead.
Buying pressure is rising fast, with trading volume up 21% in the past 24 hours, representing 2.6% of the token’s circulating market cap.
After five straight days of green candles, XRP has broken its bearish structure, opening the door for a potential rally if the trend continues.
Meanwhile, market sentiment has been improving. The Fear and Greed Index has already reached 42 and has entered Neutral territory after hitting a record low of 11 (Extreme Panic) in late November.
XRP exchange-traded funds (ETFs) have also received a strong wave of inflows since their launch in the U.S. These vehicles already managed to bring in positive inflows for 33 consecutive days. This is also a positive indication that investors are piling into the token.
At the time of writing, the combined amount of assets held in these vehicles has increased to $1.2 billion. Wall Street’s strong interest in XRP could have built up the necessary floor for this token to climb to new heights.
XRP Price Prediction: Move to $3 Seems Likely After Major Bullish Breakout
The daily chart indicates that XRP has just broken out of its descending price channel.
The $1.95 area was a critical structural level that had previously kept a lid on XRP.
With the price now nearing $2.20, the token’s bearish price structure has been invalidated. XRP could now find support at $1.95 in the next few days to build its first leg.
As long as that support area holds, we could witness a strong move to $3 in the next few weeks.
Meanwhile, the Relative Strength Index (RSI) has sent a strong buy signal after rising above the 14-day moving average and pushing past the mid-line.
As positive momentum continues to build, top crypto presales like Bitcoin Hyper ($HYPER) could see the greatest rallies.
By using Solana’s speed and efficiency, Bitcoin Hyper is building the first true Layer 2 for Bitcoin, unlocking smart contracts, DeFi, and more, all while keeping BTC’s security intact.
$HYPER Is Bringing Solana’s Speed to Bitcoin, And It Could Change Everything
Bitcoin Hyper ($HYPER) is bringing Solana’s powerful tech to the Bitcoin ecosystem, creating the first real Layer 2 where BTC can finally be used for more than just holding.
This means BTC holders can finally earn yield, trade, and interact with smart contracts, without ever leaving the Bitcoin ecosystem.
With over $30 million already raised in its presale and growing support from wallets and exchanges, $HYPER is quickly becoming one of the most talked-about projects in crypto.
To secure $HYPER at its discounted presale price, simply visit the Bitcoin Hyper official website and link up any compatible wallet, such as Best Wallet.
You can swap USDT or SOL for the token, or use a bank card to invest in seconds.
