Analyst Predicts XRP Could Reach $4 to $6 Amid Breakout
2025-07-10 20:58:03
Main Idea
An analyst predicts XRP could reach $4 to $6 if it maintains a price above $2.34, while Bitcoin and other altcoins show significant gains driven by ETF inflows and broader market trends.
Key Points
1. Analyst Arthur Azizov predicts XRP could hit $4–6 if it sustains above $2.34, potentially reaching a new high around $2.65.
2. Bitcoin (BTC) peaked at $112,000, with ETH, XRP, and SOL also seeing gains of 6.4%, 4.9%, and 3.7% respectively in 24 hours.
3. Bitcoin's surge is attributed to strong spot BTC ETF inflows, exceeding $14.4 billion, and companies adding BTC to their holdings.
4. Some analysts link the crypto market surge to concerns about de-dollarization and a 10% year-to-date decline in the U.S. dollar.
5. XRP's potential breakout is supported by its long accumulation phase, with several XRP ETF applications under SEC review.
Description
An analyst predicts that XRP is on the verge of a major breakout, suggesting that if it maintains a price above $2.34, it could breach the $2.65 mark and potentially hit a new high. Bitcoin Hits New Milestone, Altcoins Follow Suit After weeks of anticipation, bitcoin (BTC) peaked at $112,000 on Juy 9, marking a
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