Altcoin Mania Incoming: Bitcoin Confirms Breakout, XRP Price Targets $3
2025-07-11 05:29:54
Main Idea
The crypto market is experiencing a bullish trend with Bitcoin and altcoins like Ethereum, XRP, and Solana showing significant price increases, and analysts predict further gains if key support levels hold.
Key Points
1. Bitcoin's price surged from $113,000 to $117,000 in a single day, currently around $116,000, with a bullish trend expected to continue.
2. Ethereum crossed $2,900, up 14% this week; XRP surged to $2.57, gaining 13%; Solana rose to $164, up 8% in seven days.
3. A cup-and-handle pattern on Bitcoin's 3-day chart suggests a potential rise to $150,000 if the breakout holds.
4. Key support for Bitcoin is at $112,100; staying above this level maintains upward momentum, while a drop below shifts focus to lower support areas like $107,300.
5. The market follows a typical bull cycle where liquidity rotates from Bitcoin to altcoins after significant BTC price movements.
Description
The post Altcoin Mania Incoming: Bitcoin Confirms Breakout, XRP Price Targets $3 appeared first on Coinpedia Fintech News The crypto market is rising again as Bitcoin’s price surged from $113,000 to $117,000 in a single day, currently hovering around $116,000. This fresh breakout hints at the possible start of a new bull rally, with analysts expecting more gains ahead. As always, market volatility is expected, with price swings and retests of support levels. But the overall trend is clearly bull...
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