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.

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May 25, 2025 at 11:18 PM
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