CryptoPotato

Anticipated Rise of Ripple's XRP Could Exceed $5 in Current Bull Market

Analysts have turned their attention to Ripple's XRP, drawing parallels between the current market structure and that of 2017. Despite a recent dip, long-term predictions remain optimistic, with several models suggesting the asset could climb above $5 in this cycle. Crypto analyst EGRAG CRYPTO used a model based on the Gaussian Channel over a two-week period, proposing that a similar percentage gain to 2017 could see XRP reach between $5.50 and $6.00.
Meanwhile, ChartNerdTA identified an ascending triangle pattern similar to 2017, indicating possible Fibonacci extensions to $10 and $27.92. Despite a slight price slip and sell signals on the daily chart, XRP's structure remains strong with futures open interest near $4.35 billion.

Bitcoin Plummets Following Federal Reserve Rate Reduction, Traders Caught in 'Buy the Rumor, Sell the News' Snare

Bitcoin's value took a hit, dipping below $108,000, following the Federal Reserve's 0.25% rate cut, catching traders off guard. The decline reflects over-optimism built up ahead of the announcement, with traders expecting further easing by year-end. However, the Federal Reserve's caution that another cut in December is not certain led to a swift change in market sentiment. Social sentiment turned sharply negative, with "rate cut," "Powell," and "Fed" dominating crypto-related conversations.
Despite the current air of caution, data points to a possible price rebound once panic subsides. Bitcoin's correlation with equities weakened after the Federal Reserve's comments, aligning more with gold. The broader crypto market mirrored Bitcoin's decline, although larger holders showed mild accumulation behavior, potentially setting the stage for organic recoveries.

Examining Bitcoin's Value: The Potential Drop to $100K if Existing Support Crumbles

Bitcoin's price is caught within a critical range, fluctuating between the 100- and 200-day moving averages. Recent attempts to push higher were met with resistance, causing a resurgence of sell-offs. The 200-day moving average stands at $109K and the 100-day at $114K, both serving as significant boundaries. If Bitcoin exceeds $116K, it could indicate a strengthening market and set the stage for a potential surge up to $120K–$122K. On the other hand, a drop below the $109K–$110K range could lead to a further downward adjustment towards the $102K–$104K zone. Despite the current caution, the overall setup signals a possible major breakout in the coming days. Large order activity near the $108K–$110K area could confirm renewed institutional interest, setting the stage for Bitcoin's next significant upward move.

Impending Major Activity for Bitcoin and Ethereum as Large-Scale Investor Actions Increase?

There is an uptick in activity among large-scale holders of Bitcoin and Ethereum, with on-chain and derivatives data showing recent surges in big transactions, institutional interest, and assets leaving exchanges. This is happening even as both cryptocurrencies recover from recent lows, amid market fluctuations and policy changes. Bitcoin network activity has seen a significant rise in high-value transactions, with those exceeding $1 million reaching their highest level in two months. Concurrently, Bitcoin's price rebounded from $106,000 to $116,000 before a correction. Ethereum also exhibits growing institutional activity, with futures contracts and large wallets increasing.
This suggests larger investors are repositioning themselves for the future, confirming the trend of greater exposure to Ethereum than Bitcoin in institutional portfolios.

Massive Crypto Crash Prompts Traders to Shift to Spot Markets

After the largest single-day liquidation in crypto history in October, which saw Bitcoin drop from $122,000 to a low of $101,000, traders have shifted from high-risk derivatives to spot trading. According to CryptoQuant analyst, Darkfost, this shift indicates a cooling off from speculation and a renewed focus on long-term accumulation. The most BTC spot trades were on Binance, with $174 billion, demonstrating the dominance of the exchange. This historic shift towards spot trading suggests that traders, having experienced significant losses due to leverage, are now choosing more stable participation through direct Bitcoin ownership.
If this trend continues, it could signal a healthier market foundation where genuine demand, rather than excessive leverage, shapes the next phase of crypto. However, experts warn the current bounce may be fragile, with concerns over global liquidity and retail traders' heightened optimism potentially preceding further declines.

Reduction of U.S. Tariffs on China: Will Bitcoin Recover from the Sub-$108K Plunge?

The leaders of the world's two largest economies met in South Korea, resulting in major tariff reductions on China. US President Donald Trump announced an overall decrease from 57% to 47%, with some products like fentanyl dropped to 10%. The two countries also agreed to collaborate on the Russia-Ukraine conflict, while China will discuss chip restrictions with Nvidia. Additionally, a 1-year agreement on rare earth supplies was reached with Beijing.
Bitcoin, which has been heavily affected by these trade negotiations in the past, plunged from over $121,000 to under $110,000 following the announcement of new tariffs on October 10. Despite a recent drop below $108,000, Bitcoin rebounded to over $110,000 after the news of the US-China deal broke.

Final Testnet for Ethereum’s Fusaka Upgrade Achieved – Anticipated Mainnet Launch on December 3

Ethereum's highly awaited Fusaka hard fork has successfully reached its final testing stage on the Hoodi testnet, moving towards a mainnet activation expected around December 3. The upgrade aims to bolster Ethereum’s scalability, security, and cost efficiency, building upon April’s Pectra upgrade. Notable features of the Fusaka upgrade include the EIP-7594, or Peer Data Availability Sampling, which allows validators to verify data portions, reducing bandwidth requirements and operational costs. Other proposals aim to improve efficiency and prepare the network for parallel execution, with an overall goal of reducing transaction costs. Looking ahead, Ethereum developers are focusing on the next upgrade, “Glamsterdam,” which is expected to introduce faster block times and further scalability enhancements.

Interest Rates Slashed by 25 Basis Points by US Federal Reserve, Bitcoin Value Responds

The US Federal Reserve has reduced interest rates by 25 basis points in an effort to stabilize a seemingly faltering labor market. This decision, the second consecutive rate cut, coincides with a protracted government shutdown. Concurrently, Bitcoin's price has seen a 3% drop, trading around $111,400. Despite a somewhat heightened $560 million liquidation in the derivatives markets, the total cryptocurrency market capitalization remains at $3.86 trillion. This rate cut was largely expected, with traders in prediction markets like Polymarket having predicted this outcome for weeks. Furthermore, the Fed's chair, Powell, announced the cessation of asset purchase reduction from December 1, a process known as quantitative tightening. However, the ongoing government shutdown has obstructed the collection of crucial economic data, presenting challenges for policymakers.

Trump's Tokyo Trip Failed to Impact Bitcoin, Signifying Japan's Diminishing Crypto Clout

Despite the high-profile meeting between US President Donald Trump and Japanese Prime Minister Sanae Takaichi, Bitcoin's price remained unaffected, showing no response to the announcement of extensive bilateral commitments, including multibillion-dollar US investments and strategic cooperation pledges. The lack of impact on Bitcoin's performance is attributed to Japan's limited role in global Bitcoin ownership and market participation.
Unlike the US, where institutional engagement, exchange-traded funds (ETFs), and regulatory developments shape the market, Japan's influence remains minimal due to limited ownership and accumulation trends. However, Japan's corporate sector, including companies like Metaplanet, Nexon, Quantum Solutions, and Kitabo, is increasingly willing to fill the gap, adopting Bitcoin-focused strategies to hedge against the yen's persistent weakness and sluggish domestic conditions.

Major Ethereum Holders Accumulate Amid 19% Decline from Peak: Is a Substantial ETH Shift Imminent?

Ethereum (ETH) is currently trading near $4,000, about 19% below its all-time high of $4,950. Recently, there has been a significant rise in the number of Ethereum wallets holding over 1,000 ETH, indicating a potential increase in institutional interest. Concurrently, ETH reserves have decreased by around 1 million coins across all exchanges since late September, suggesting a steady outflow and reduced selling pressure. Firms like Bitmine, backed by Tom Lee, have also increased their Ethereum holdings. The market is closely observing Ethereum's trading range between $4,000 and $4,150, with some analysts seeing the current structure as a possible base for future growth. However, short-term price action remains sensitive, potentially tied to de-risking ahead of the FOMC meeting.

Insight into the Sale of 140 Million XRP by Major Ripple Stakeholders

Ripple's XRP, currently trading around $2.62, has seen an increase of 8% over the last week. However, large XRP holders, or "whales", have reportedly sold over 140 million tokens as prices have risen. Analyst Ali Martinez shared the trend of large wallet balances dropping as XRP's value increased, a shift that has previously been associated with price reversals. In addition, the TD Sequential indicator has signaled a sell on XRP’s daily chart, which could serve as a warning to investors.
XRP is testing the upper Bollinger Band near $2.69, while the Stochastic RSI indicates overbought readings. Analysts have specified $2.53 as a critical level to monitor, suggesting a larger corrective move could be in progress if the price drops below this point.

Market Watch: BTC Dips Pre-FOMC Meeting and PI Surges 15%

The cryptocurrency market experienced a loss with Bitcoin (BTC) briefly dipping to around $112,000 ahead of the Federal Reserve's decision on interest rates, representing a 1.2% decline on a daily scale. The expected volatility is in anticipation of the FOMC meeting, where a decision will be made on whether to raise, lower or maintain current interest rates. Meanwhile, Pi Network's native cryptocurrency, PI, saw a double-digit increase of 15%, making it the best-performing digital asset of the day. Other significant cryptocurrencies like Ethereum (ETH) also experienced a drop. The total cryptocurrency market capitalization has reduced by 1.7% to approximately $3.88 trillion. The market is eagerly awaiting the impact of the Fed's decision on the crypto sector.

XRP Supporters Alert: Reliable Market Indicator Signals Potential Ripple Price Drop

Ripple's native token, XRP, has seen substantial growth in recent weeks, even reclaiming the fourth position in terms of market cap after a significant surge. However, famed crypto analyst Ali Martinez has suggested a possible trend reversal based on the TD Sequential technical tool, a trusted indicator used to identify market exhaustion. The tool has reportedly been highly accurate in predicting XRP's trend reversals in the past three months and has just given another sell signal.
Despite the current solid price of XRP, substantial disposals of the token by "whales" could increase selling pressure. Additionally, with the US Federal Reserve set to announce its interest rate decision, more volatility is expected in the market.

Cryptocurrency Market Recovers as Decline Slows: What Might Trigger the Following Surge?

Bitcoin (BTC) has exhibited a gradual recovery over the past week, suggesting a stabilization of the cryptocurrency market. Market experts from Bitfinex Alpha anticipate that alterations in the macroeconomic landscape, such as instability in traditional asset classes like oil and fiat currencies, could channel liquidity into bitcoin and positively influence its price. However, for BTC to maintain a bullish trajectory, it must remain above the short-term holders' cost basis of $113,600.
Any drop below this could lead to a further decline to around $97,500, marking the low of this consolidation phase. On a brighter note, this would indicate a depletion of selling pressure, paving the way for the next uptrend. As the market braces for its next move, cryptocurrencies seem to be absorbing some of the capital rotation triggered by fluctuations in energy prices and foreign exchange markets.

Could Ethereum (ETH) be Gearing Up for a Surge Similar to June 2025?

Ethereum (ETH) is currently trading near $4,100 and despite a slight fall in the past 24 hours, it has gained over 6% in the past week. The current trading pattern of ETH has been compared to that of June-July 2025, when it surged from around $2,500 to $3,800. It is observed that ETH is trading within a narrow range between $4,000 and $4,150, which is seen as a potential base for an upward move. The trading pattern also resembles that of late 2020, when ETH broke out after trading in a small range. Market watchers are closely following ETH's resistance, with a move above $4,250 seen as potentially triggering the next expansion phase. Despite a $169 million outflow from ETH-based investment funds last week, interest in leveraged ETH products remains strong.

Significant Price Rises from Certain Altcoins as Bitcoin Nears CME Gap: Market Analysis

Bitcoin's price climb from Sunday and Monday halted at $116,000, before sliding below $114,000 toward a CME gap that formed over the weekend. Many altcoins, such as FIGR_HELOC, HBAR, TRUMP, TAO, and PUMP, have seen substantial 24-hour gains. Bitcoin started aggressively last business week, surging from $108,000 to $114,000, but then dropped to just over $106,000. Nevertheless, it rebounded to $111,000 by the end of the week after the release of US CPI data. Bitcoin jumped to $112,000 as inflation fears subsided but then fell below $110,000. However, it recovered some losses over the weekend and rose again on Sunday following news of a potential US-China trade deal. The total crypto market cap has fallen by approximately $50 billion since yesterday's peak, down to $3.950 trillion.

Examining Bitcoin's Price: The Persistent Obstacle and the Potential for an All-Time High Jump

Bitcoin is currently within a neutral-to-bullish consolidation phase, fluctuating between its 100- and 200-day moving averages. The key resistance for Bitcoin's continuation is the $116K barrier, while the bullish invalidation threshold is defined by the $109K region. Bitcoin's price is expected to remain within this range until either level is significantly breached. A sustained close above $116K could lead to a structural shift and likely drive a continuation towards the $120K-$122K supply zone.
However, the asset is likely to extend its consolidation phase if it remains between the 100- and 200-day moving averages. Market sentiment analysis reveals a shift in market dynamics, with a decrease in large whale order activity and an increase in smaller retail-driven order sizes, indicating a neutral to cautious sentiment among professional traders.

Final Dip Predicted for Ripple's XRP Ahead of Significant Surge

Ripple's XRP, currently trading at around $2.65 with a daily trading volume exceeding $4.4 billion, could face one more drop before a major uptrend begins, as per some market analysts. Despite gaining over 9% in the last week and maintaining above $2.6 amidst market volatility, XRP is not yet considered to be in a confirmed uptrend. Key resistance levels at $2.7 and $2.82 are being closely watched for signs of a trend shift. On the other hand, exchange data shows Binance aligning with its 0.618 Fibonacci retracement zone, between $1.35 and $1.46, indicating the final stage of a broader correction. Until XRP solidly surpasses the $2.70 mark, it may continue to fluctuate within a broader consolidation range.

Initial Spot ETFs for Solana, Litecoin, and HBAR to Launch as SEC Provides Regulatory Clarity

The first exchange-traded funds (ETFs) for Solana, Litecoin, and Hedera, issued by Bitwise, Canary Capital, and Grayscale, are set to begin trading on Nasdaq and NYSE. The issuers navigated a legal provision that allows registration statements to go into effect after 20 days without SEC interference, bypassing the need for manual approval. The Canary HBAR ETF (HBR) and Canary Litecoin ETF (LTCC) are slated to start trading on October 28, as confirmed by Canary Capital CEO Steven McClurg, while the Bitwise Solana Staking ETF (BSOL) will launch the same day, and Grayscale’s Solana Trust (GSOL) turns into a spot ETF on October 29. This comes amid growing demand for digital asset funds, with 155 active ETF filings across 35 cryptocurrencies, according to Bloomberg data.

Altcoins Survive Historic Bear Market - A Bullish Shift Could Alter the Scenario

Crypto analyst Michaël van de Poppe suggests that despite enduring nearly four years of consistent decline, the altcoin market could be set for a major surge. He warns that this cycle is unlike previous ones and that extraordinary gains would necessitate significant decision-making and risk-taking. According to van de Poppe, the market is entering its "final easy cycle," with increasing adoption, new market participants, and mispriced assets.
The current market conditions mirror those of late 2019 to early 2020, just before the last big crypto uptrend. Other experts also anticipate a recovery, suggesting that low prices could be a beneficial entry point. CryptoQuant points out that panic-driven selling often pushes valuations below fair levels, benefiting contrarian investors. Similarly, Joao Wedson of Alphractal expects selective altcoins to outperform once market confidence begins to recover.