Crypto Analyst Who Nailed XRP’s Massive 2024 Rally Believes It Might Be Time For “Round 2”
2025-07-01 15:17:07
Main Idea
A crypto analyst predicts XRP may be on the verge of another significant rally, citing past accurate predictions and current market conditions.
Key Points
1. Crypto strategist DonAlt suggests XRP could be preparing for another parabolic surge, referring to it as 'Round 2' of its rally.
2. XRP gained 0.8% over the last 24 hours, while Bitcoin dropped to month-to-date lows under $106,500.
3. Analysts estimate a 95% chance of spot XRP-based ETFs being approved by the SEC this year.
4. In November, XRP surged by 280%, outperforming the broader crypto market, and later peaked at $3.31 in January.
5. Ripple CEO Brad Garlinghouse announced the company is dropping its cross-appeal against the SEC, potentially acting as a bullish catalyst for XRP.
Description
A crypto strategist known for accurately predicting the mega XRP price eruption in Q4 2024 says that the Ripple-affiliated crypto may be on the verge of igniting another parabolic surge. In a June 30 post on X, pseudonymous analyst DonAlt told his 671.5K followers that XRP could be setting up for “Round 2” of its meteoric rally. He noted that XRP was enjoying paltry gains while other cryptocurrencies like Bitcoin (BTC) traded lower. Notably, BTC started July in a lackluster style, plummeting to ...
Latest News
- US Treasury Sanctions $350k TRON Wallet Linked to BPH Service Provider Aeza Group2025-07-04 05:49:18
- XRP Outshines Ethereum with 80% Supply in Profit Amid Mega Quiet Accumulation2025-07-04 05:48:53
- Can Bitcoin-Backed Bonds Solve America’s Financial Trouble?2025-07-04 05:45:08
- Crypto Analyst Who Nailed XRP’s Massive 2024 Rally Believes It Might Be Time For “Round 2”2025-07-04 05:45:03
- Circle Applies to Establish National Trust Bank in the U.S. to Manage USDC reserves, Switching from BlackRock2025-07-04 05:44:48