Altcoins still looking towards upward movement.
Ripple’s XRP could pump over $3.30 in altseason peak phase.
Can XRP price pump higher to hit new ATHs over $5 this bull cycle?
Bitcoin price continues to fluctuate between the $94,000 and $96,000 price range as the pioneer cryptocurrency makes its way back to its 6-digit prices. Analysts believe Bitcoin will surge to hit $100,000 to $103,000 soon before moving up to reclaim its previous ATH price at $109,000. While analysts await higher highs for BTC, altcoins like Ripple’s XRP look towards upside movement.
Altcoins Look Towards Upside Movement
As Bitcoin inches its way towards 6-digit targets and its previous ATH targets, altcoins show greater vigor of hitting new ATH targets of their own. Since 2023, several altcoins have been showing continued bullish signs for parabolic pumps in the altseason phase of the ongoing bull cycle. This altseason was expected to arrive in Q1 following the Bitcoin Halving event. Traditionally, altseason has always arrived in Q1 following the Bitcoin Halving event.
However, for this bull cycle, this altseason peak phase seems to have been delayed. Analysts believe the delay was caused either due to the fact that Bitcoin pumped so hard and fast that the crypto market had to go into a prolonged correction phase to retain a healthy crypto market. Thus, Q1 of 2025 hinted at a possible end to the 4-year bull cycle pattern and now analysts expect Q2 to have been the start of the long-awaited altseason.
While several altcoins show bullish signs, one of the most bullish altcoins for this bull cycle is Ripple’s XRP. This altcoin is expected to pump parabolically this bull cycle especially because the asset missed the last previous cycle and was stunted in its growth in the bull cycle before the last. This stagnant growth and decline was caused due to Ripple’s long fought battle with the SEC. Now, XRP has won its battle with the SEC and is prepared to run to new ATH prices.
Ripple’s XRP Could Pump Over $3.30 in Altseason
Presently, the price of XRP is at $2.19 based on CoinMarketCap analytics. The altcoin is boasting a total market cap of $128,490,007,207.38 and a 24-hour trading volume of $1,468,935,927.78. This means that the altcoin is inching closer to its previous ATH target of $3.84 set 7 years ago. The price of XRP has already pumped exponentially twice this bull cycle, could the next one be the final pump in this cycle, and if so, how far will XRP price pump.
https://twitter.com/JavonTM1/status/1918678944426893388
As we can see from the post above, this reputed analyst says that something was brewing for Ripple’s XRP. He marks how the asset shot up from the price of $0.53 to its present $2.20 price range. He also mentions that the altcoin is in the middle of a major 530% pump and confirms that Ripple’s XRP will hit a higher high price of $3.30. Meanwhile, other price predictions place XRP at new ATHs up to $27 this bull cycle.
