XRP Targets $8 Price Level as Traders Rotate Into Major Altcoins
$XRP formed a golden cross against
$BTC on weekly charts, signaling a potential long-term trend reversal following sideways movement since 2020.
Bitget Research Chief Analyst Ryan Lee predicts
$XRP could reach
$3-$8 in the medium term following technical breakout patterns.
Improved regulatory clarity after the SEC dropped appeals against Ripple has strengthened bullish sentiment among institutional traders.
$SOL is positioned for a $220-
$300 climb on ETF speculation, while
$ADA shows breakout potential between $1-$3.
Bitcoin dominance decline could trigger a broader altseason, benefiting major tokens with strong fundamentals.
QCP Capital notes this rally feels "more structurally sound" with less frothy momentum-chasing compared to previous cycles, though macro risks from tariffs and rising yields remain for #altcoins.
