This article discusses the latest forecasts for cryptocurrencies including Bitcoin and XRP, in light of recent market trends.
XRP Market
Turkish crypto analyst Efloud has released his updated predictions for the XRP market. He points out that breaking the $1.02 resistance level might indicate a significant market shift, especially if the SEC chair resigns. Efloud also mentions a potential peak of $3 and above for XRP in a positive scenario.
FTM and Bitcoin Analysis
An analyst known as Titan of Crypto advises against panic, as challenging times for Bitcoin seem past. He believes the next stop for BTC could be $97,000, with the market remaining strongly bullish. Regarding FTM Coin, Efloud notes satisfaction with a 5% gain after a rebound from a support level.
Current Price Trends
At the time of writing, Bitcoin remains above $89,500, and XRP experiences a 20% gain. Meanwhile, Ether has dropped to around $3,000.
Analysts continue to monitor developments in the cryptocurrency market, offering various forecasts and strategies for investors.