X Social Media Crypto Analyst @BullrunnersHQ issued New market updates hint at potential for XRP. on the verge of a massive upswing As traditional markets reach record highs. His latest technical breakdown ties in with his recent strength. Nasdaq He cited potential movements within the crypto sector and warned that “the unthinkable” is about to happen to XRP. Analysts highlighted that XRP’s price structure and broader crypto signals are aligned for a decisive move. Current bull market cycle Continue or start reversing.
XRP is set for an unimaginable uptrend
According to @BullrunnersHQ stock market We are approaching a critical level that could determine the next big trend in the crypto market and XRP price. Even though the crypto market has also struggled to reach similar highs. XRP remains firmly above the $2.50 level. He called the setup an “unthinkable” moment for XRP, with the asset finally emerging from a long period of consolidation and potentially rising “hundreds of percent.”
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In particular, @BullrunnersHQ claims: XRP price structure Despite market volatility, it remains technically sound. Analysts also Overall cryptocurrency market capitalization Emotional indicators have also improved, index of fear and greed It has risen to 42 from its mid-October low. He further highlighted that Bitcoin remains comfortably above its 50-week EMA, showing a pattern consistent with past rallies that led to new highs.
The analyst added that BTC’s local high near $116,000 and the bullish crossover between the 10EMA and 20EMA suggest momentum is returning to risk assets and is poised for it. XRP outperforms Potentially. Notably, this period reflects the early market cycle. Bitcoin price consolidation above key levels It caused an explosive rally in altcoins.
XRP has held support much longer than most cryptocurrencies on the market and could rise to new all-time highs if momentum changes.
To support his analysis, @BullrunnersHQ referenced crypto market expert and chartist Peter Brandt’s discussion of whether the Nasdaq’s recent price action is a breakaway or an exit gap. While Mr. Brandt is cautiously bearish from a stock perspective, @BullerunnersHQ believes that even if the stock price pulls back slightly or pauses, Money could still be rotated into cryptocurrenciescould fuel the next big rally in XRP.
Analysts warn of depletion gap and end of bull market
@BullrunnersHQ also mentioned crypto trader Abdullah in his analysis. Nasdaq rise It also shows signs of a depletion gap, which is a common signal near the end of an uptrend in a bull market. Abusra noted that both countries’ indicators are overbought. Relative Strength Index (RSI) The weekly Stochastic RSI indicates that the market may be nearing the end of the current bull market phase.
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@BullrunnersHQ is The market may be nearing exhaustion However, he reiterated that the XRP position has greater upside potential compared to other assets. He also emphasized that Bitcoin needs to remain between $107,000 and $109,000 on a weekly basis. If you don’t do that, End of broader bull market.
Featured image created by Dall.E, chart on Tradingview.com