Bitcoin (BTC) and Ripple (XRP) are currently consolidating after recent price pullbacks, suggesting a potential breakout. Bitcoin needs to reclaim the 50-day SMA and stay above $100K to regain bullish momentum. Legislative moves in the U.S., such as states considering laws to allocate excess reserves into digital assets, could positively impact Bitcoin's future. XRP faced a steep correction but has found support around $2 and remains range-bound. A breakout above the 50-day SMA at $2.70 could lead to a retest of $3. Ripple's partnership with Unicâmbio will boost XRP adoption. Institutional interest in crypto is strong, with Nasdaq filing for XRP and Litecoin ETFs. Short-term price expectations for XRP range between $2.0 and $3.8.
Content Editor ( cryptoticker.io )
- 2025-02-12
XRP Price Prediction as Bitcoin Consolidates: When to Buy XRP Coin?
