XRP Eyes $4 as Bitcoin Shatters All-Time High—Wishful Thinking or Inevitable?
Bitcoin just bulldozed through its previous record—again. Now, the crypto crowd’s buzzing: Can XRP ride the wave to $4?
Let’s cut through the hopium. Sure, altcoins often get a sympathy pump when BTC goes parabolic. But XRP’s got baggage—regulatory hangovers, a fanbase that oscillates between cult-like devotion and existential dread, and a utility case that still hasn’t quite ’clicked’ for normies.
Still, markets love a narrative. If Bitcoin’s rally drags the whole crypto complex upward, even the most maligned tokens can catch a bid. Just don’t bet your rent money on it—this isn’t 2017 anymore, and the SEC’s lawyers aren’t getting any cheaper.
Analysts Turn Optimistic On Bitcoin, Ethereum and XRP
Paul Barron, a well-known crypto analyst with a substantial following of 161.4k has recently posted about the statistics of Bitcoin. This comes after the Bitcoin price achieved a new ATH today. Adding to this, the BTC ETF recorded a constant inflow for 5 days, highlighting a rising optimism in the crypto space.
SCOOP – #BTC NEW ATH My Sources say – bigger MOVE with Institutional confidence is yet to hit, which is more than expected.#BitcoinETF Inflows Surge for 5th Day – Is this the breaking point for $120K 🚨
Over $329M Inflow to spot #Bitcoin ETFs Tuesday, marking the fifth…
Moreover, Paul has predicted that ethereum price will reclaim the $3k mark soon with XRP gearing up for a run toward the $4 mark in the upcoming time.
XRP Price Chart Forms Bullish Pattern
XRP price today has retested its $2.42 mark with an intraday jump of approximately 2%. Moreover, with a trading volume of $3.45 billion, this altcoin is currently exchanging hands at $2.41 and has a market capitalization of $139.76 billion.
The Moving Average Convergence Divergence (MACD) records a constant rise in the red histogram with its averages displaying a bearish convergence. This highlights an increase in the selling-over-buying pressure for the altcoin in the cryptocurrency market.
On the other hand, the SMA indicator is on the path of experiencing a bullish crossover in the XRP price chart, hinting at increased price volatility. Considering the present market sentiments, the XRP coin price may continue witnessing increased price action.
When Will XRP Price Hit $4?
A sustained bullish action could result in the price of Ripple token breaching out of its immediate resistance level and heading toward its upper price target of $3. If the bullish sentiment intensifies at that point, this could push the XRP price toward its upper target area of $4 this altcoin season.
However, if the bears outrun the bulls, the Ripple price could drop toward its support trendline of the channel pattern. If the bears gain dominance at that point, this could result in the second largest altcoin plunging toward its lower support level of $2 in the upcoming time.
Also Read: SEC Delays XRP and Dogecoin ETF Decisions to June
