- Bitcoin prepares for massive bull movement and altcoins follow its lead.
- Both Ripple’s XRP and Terra Classic (LUNC) show major pump signals.
- XRP price coils hit a new ATH price at the cycle top that could take it over $200 price.
Bitcoin (BTC) staggers at the $67,000 as it prepares for what could be very bullish momentum towards the $100,000 to $116,000 price range. As the expectations for a bullish Q4 increases, Bitcoin and crypto analysts across the world prepare for what could even be a Q4 BTC top target of $150,000.
Presently, various popular altcoins are also going into a frenzy. So far, some altcoins like SUI, JUP, and FET have already begun to pump steadily. Meanwhile, other altcoins are showing highly bullish indicators and signals on their price charts like SHIB, ADA, and DOGE. Indeed, these are all highly bullish signs for what could be a very promising altseason.
As more and more altcoins show bullish indicators, one analyst highlights two altcoins that are presently gearing up for what could be very explosive bull movements. As we can see from the post above, the analyst draws attention to Ripple’s XRP. This altcoin is expected to set bullish new ATHs as it missed the previous bull cycle due to its battle with the SEC.
XRP to $200 and Above Comes to Light
Now, XRP stands triumphant over the SEC after a long-fought battle. To mirror its bullish sentiment, the XRP price chart has been printing multiple bullish indicators from tightening Bollinger Bands to a golden cross pattern and much more. Presently, this analyst notes what could be for XRP a similar bullish pattern like its 2017-2018 pump.
In particular, he says that the similarities between then and now are ‘MAJOR’, but this time around, he says it is much larger, meaning the results of a breakout move can be greater than expected. According to him, an ATH of over $200 could very much be a possibility for this bull cycle.
LUNC Follows XRP’s Bullish Lead
He also goes on to highlight Terra Classic (LUNC) saying that LUNC price is holding in this bullish type of ascending triangle pattern and is, moment by moment, inching towards a breakout which can initiate an incomparably powerful bullish wave. The analyst has yet to set a target for this inevitable price pump.
The post $200 XRP Top Target Set as Analyst Compares Price Chart to Previous Bull Activity, LUNC Follows XRP’s Bullish Lead appeared first on Crypto News Land.
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