$XRP #AltcoinBreakout #CryptoMarket4T
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In a series of recent posts, anonymous technical analyst Dr. Cat has proposed a bold bullish scenario for XRP - with the potential to triple from the current price range to $6 to $10, as long as Bitcoin continues its upward momentum and hits $144,000 soon.
๐ XRP/BTC Chart Analysis: Signs of a Multi-Year Breakout
Dr. Cat stated that the monthly chart of the XRP/BTC pair is currently "strongly accumulating" just below the Ichimoku cloud at the 2,674 satoshi level - an important resistance threshold.
"If the monthly candle closes above 2,674, I expect XRP to reach at least 4,135 satoshis within two months," - Dr. Cat shared.
This will be the first bullish kumo twist (cloud twist) since 2018, signaling a significant shift on the long-term chart. The next target range from 4,135 - 7,600 satoshis is known as the resistance/take-profit zone, where prices often touch and bounce back after a multi-year breakout.
๐ XRP/USD: Combining Ichimoku & Fibonacci - Targets of $6โ$10
On the USD chart, XRP just closed the weekly candle above $3.37, thereby:
Activating the Ichimoku cloud shifts to a bullish direction.
The Kijun Sen line turns upward.
Chikou Span breaks out, marking the Henka Bi candle - a rare event in the Ichimoku cycle (week 27).
Based on Ichimoku wave measurements combined with Fibonacci, Dr. Cat identifies:
"With confirmation signals from last week's candle, all these price levels are feasible within the next 1-2 months," Dr. Cat assessed. "And $4.5 should be seen as the minimum."
๐ Risk and Confirmation Conditions
Although the analysis is very optimistic, Dr. Cat emphasizes that the prerequisite is that XRP/BTC must close the month above 2,674 satoshis. If this is not achieved, the entire bullish structure may be delayed another quarter.
If successful, the breakout into the 4,135โ7,600 satoshi range will mark the first market structure change since 2017 on the XRP/BTC pair - a strong signal that could attract speculative capital into the XRP/USD pair.
โณ Waiting for the Final Confirmation Signal?
Cautious traders may wait for the Chikou Span signal to exceed prices on the weekly frame - if it occurs this week or next, it will be a very rare but extremely strong signal that could trigger a strong bullish wave before the Tenkan-Kijun crossover appears.
Market Context: BTC Leads, Altcoins Follow?
Bitcoin is currently trading around $118,500, accumulating after a 20% rise in July.
ETH holds above $3,760, while BTC's dominance index is declining - indicating a shift of capital flow towards large-cap Altcoins.
XRP is currently trading at $3.55, after a 50% increase last week.
๐ Conclusion: Is XRP $10 Really "On the Table"?
If Bitcoin can exceed $120,000 and approach $144,000 as Dr. Cat expects, then the targets of $4.5 - $6 - $10 for XRP are entirely feasible according to the Ichimoku-Fibonacci model. Conversely, if BTC weakens, XRP's growth range will be significantly compressed.
"The optimal take-profit level is below 7,600 satoshis - because would you risk losing 10x locked profits just to gain an additional 0.7x?" - Dr. Cat shared, demonstrating clarity in risk management.
โณ The decisive moment will be the end of this month. The monthly candle close will confirm whether XRP will enter a new super growth cycle. Until then, all eyes are on Bitcoin's behavior... and closely monitoring the Ichimoku chart
