The crypto market saw a wave of excitement today as Bitcoin reached a new all-time high during the late Asian trading hours. This sudden price surge has triggered a sense of FOMO (fear of missing out) among investors, who are now closely watching for further price action across the market.
Analysts Shift Focus to Ethereum, XRP, and Solana
With Bitcoin in the spotlight, analysts and traders are now turning their attention to top-performing altcoins like Ethereum (ETH), XRP, and Solana (SOL). Among them, XRP is gaining particular attention for its recent price movements and potential upside.
Currently XRP Price trading at $2.43 as per Coinpedia Market data.
Paul Barron Predicts Bigger Moves Ahead
Popular crypto analyst Paul Barron, who has over 161,000 followers on social media, recently shared insights following Bitcoin's new all-time high. According to him, the Bitcoin ETF market has recorded five consecutive days of inflows, totaling over $329 million just on Tuesday.
"SCOOP – BTC New ATH. My sources say a bigger institutional move is coming. BTC ETF inflows are rising. Could this be the push toward $120K?"
– Paul Barron (@paulbarron), May 21, 2025
He also predicted that Ethereum could soon reclaim the $3,000 level, while XRP is showing signs of a potential run toward $4 in the near future.
XRP Shows Bullish Signals Despite Market Volatility
XRP recently retested the $2.42 level, gaining around 2% intraday. At the time of writing, it was trading at $2.41 with a daily trading volume of $3.45 billion and a market cap of approximately $139.76 billion.
Technical Analysis: Mixed Signals
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MACD Indicator: Shows rising red bars and a bearish convergence, suggesting increased selling pressure.
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SMA Indicator: Appears close to a bullish crossover, indicating a potential shift toward higher volatility and price action.
Despite mixed indicators, current market sentiment remains cautiously optimistic for XRP’s short-term performance.
XRP Price Prediction: Can It Reach $4 Soon?
If the current bullish momentum continues, XRP could break above its immediate resistance and push toward the $3 mark. A stronger rally could take it further to its upper target of $4 during this altcoin season.
However, if selling pressure increases, XRP might fall back to its support trendline, and in a bearish scenario, it could drop toward $2 in the coming weeks.
As Bitcoin leads the charge with its new ATH, altcoins like XRP are showing growing signs of strength. While technical indicators offer a mixed outlook, strong investor sentiment and positive inflows into crypto ETFs may continue to drive the market upward.
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