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Analysts project XRP could hit $8–$10, driven by Fibonacci models and Bitcoin’s rally. Bold long-term targets like $77 hinge on market trends and Ripple’s ecosystem growth. Following the recent CNF update on the legal clarity boosts XRP, which explored whether a $5 target was realistic, XRP—the digital asset associated with Ripple—has been attracting renewed attention due to bullish forecasts from prominent analysts. These projections suggest strong growth potential, contingent on favorable market dynamics. Crypto analyst Blockchain Backer has projected that XRP could rise to the $8–$10 range. This forecast is grounded in mathematical chart patterns and historical price behavior, particularly referencing the 4.236 Fibonacci extension level. Ali Charts also noted via Twitter that whale activity has remained muted over the past week, with no major buying or selling observed. $XRP whale activity has been muted over the past week, with no notable buying or selling! pic.twitter.com/SNHIYi332b — Ali (@ali_charts) March 24, 2025 AInvest adds that the realization of this price target likely depends on Bitcoin climbing to around $127,000—underlining the interdependence between BTC and altcoins like XRP. In a more aggressive scenario, analyst Dark Defender envisions XRP hitting $77.7 during this bull cycle. Using Exponential Fibonacci models and Elliott Wave theory, this forecast outlines a phased path: a move to $5–$8, then $18–$23, and ultimately, the $77.7 mark. Additionally, CNF has previously reported that some analysts see XRP reaching $22, driven by improving market structure, increasing institutional adoption, and a potential Ripple IPO—pointing to the possibility of exponential upside in ideal conditions. While these projections provide an optimistic view of XRP’s future, investors should remain cautious. The cryptocurrency market is notoriously volatile, and such high targets rely on a convergence of favorable elements—including macroeconomic trends, regulatory clarity, and technological advancements on the Ripple network . As always, investors are encouraged to conduct thorough research and evaluate multiple viewpoints before making decisions. At the time of writing, XRP is trading at approximately $2.47, showing a 1% gain in the past 24 hours and 6.02% over the past week, according to Coin Market Cap data. See XRP price chart below.

With the crypto market showing tentative signs of early momentum, debate intensifies over whether “altcoin season” – a period where alternative cryptocurrencies significantly outperform Bitcoin – is finally arriving. Fueling this speculation, BlackRock’s popular Ethereum (ETH) BUIDL fund tripled in value over just three weeks, reaching nearly $1.87 billion in assets under management. Analysts are now closely watching if Ethereum’s institutional pull signals the start of a broader altcoin rally. Crypto analyst Ted Pillows highlighted the fund’s rapid ascent, noting that associated data showed an exponential rise in capital deployed across multiple chains, with Ethereum demonstrating dominance over other networks in this latest institutional flow. Historically, increased institutional exposure to Ethereum, particularly via major players like BlackRock, often precedes a wider altcoin upswing. This historical correlation stems from Ethereum’s foundational role in the large DeFi and NFT ecosystems; strength in ETH can cascade down to other projects built upon or competing with it. Continued ETH traction could potentially lift other Layer-1 and Layer-2 solutions, leading to a broader altcoin market advance. Related: These Altcoins Show Strength: Which Could Actually Retest Highs? (Analysis) Currently, ETH trades around $2,035, down slightly in the past 24 hours, according to CoinMarketCap data . A key near-term resistance level sits at the 20-day Exponential Moving Average (EMA) near $2,051. A decisive break above this level could signal continuation of the upward trend, while failure might lead to short-term consolidation. Analyst Ali Martinez maintains bullish targets for ETH, suggesting it could climb towards $2,300 with increased buying pressure, though also acknowledging a potential drop towards $1,300 in a bearish market scenario. Adding another layer to the altcoin season outlook, analyst Crypto Rover shared a chart indicating Bitcoin dominance (BTC.D) – Bitcoin’s market cap share relative to the total crypto market – is approaching critical trendline resistance. He notes this descending trendline has historically marked the beginning of significant altcoin outperformance when BTC dominance was rejected at this level. Related: XRP, SOL, ADA, DOGE Prices Analyzed Following IBKR Listing News This pattern was observed preceding major altcoin runs in 2018 and 2021, which resulted in significant gains across the altcoin sector. If this historical pattern repeats, capital could soon rotate from Bitcoin into Ethereum and subsequently into other altcoins, potentially fueling a market-wide rally. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

sikandar Ali

BitMex CEO Arthur Hayes joins an ongoing discussion on the potential of Ethereum (ETH) and Solana (SOL) after the broad crypto market made a surprising move to reach a total valuation of $2.85 trillion. According to him , ETH would likely stage a bullish reversal to hit $5000 while SOL bounces back to $300. At the time of his prediction, ETH was strongly holding its position above the $2k level after declining by 0.6% in the last 24 hours. However, weekly investors still had an 8% profit, while those who acquired the asset 30 days ago lost 26% of their investment. Meanwhile, SOL has printed 2.4% and 13% gains on its 24-hour and seven-day price chart, respectively. At press time, the asset was trading at $143, and its 24-hour trading volume was also up by 11%. Subjecting ETH to a technical analysis, an analyst called MAXPAIN disclosed that the asset could decline by nearly 9% from the current level to revisit a crucial support level. Using the Time Price Opportunity chart, the analyst observed that the asset could decline to the range of $1,874 to $1,924. Meanwhile, this bias is supported by the divergence in the Ethereum Price Daily Active Addresses (DAA). According to data, the DAA has dropped to 35.87%. Our analysts believe that this is an indication of a drop in transactions involving ETH. Meanwhile, ETH supply on centralized exchanges has also declined by 16.4% in just seven days, showing rising confidence among long-term holders, as reviewed in our recent publication. Currently, the major resistance levels are found to be between the $2,213 and $2,584 range. IntoTheBlock data shows that 21,460 addresses purchased 65 million coins within this range. Technically, ETH is also trading within a falling channel and is yet to break above the upper trendline of the bearish pattern. Aligning to this bullish formation, Coinglass data shows that ETH’s open interest has surged by 2.5% to $20.42 billion. As featured in our recent coverage, open interest in options contracts also saw a marginal surge to $5.82 billion. For SOL, analyst Ali Martinez has spotted the formation of a textbook cup-and-handle pattern on its price chart, indicating a potential breakout. According to him, a successful surge could see the asset reclaiming most of its lost value and if possible, reach a new all-time-high. Per an accompanying chart, SOL could hit $3,800, marking a staggering 2,900%. Earlier, an analyst identified as Satoshi Flipper also disclosed that Solana is forming a symmetrical triangle pattern on its 4-hour chart. Technically, this is characterized by the movement of the SOL price within two converging trendlines. According to analysts, this shows indecisiveness but a potential breakout. Amidst the backdrop of this, Solana has surpassed 11.09 million active accounts, underscoring the rising adoption and trust in the ecosystem. As mentioned in our previous news brief, this is expected to drive the price to $200 in the short term.

Qasim Ali