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XRP is consolidating within a symmetrical triangle, and analysts expect a breakout soon. The asset trades around $2.57, hovering near a crucial resistance zone at $2.80. According to market analyst X Finance Bull, XRP’s price continues to respect its support and resistance levels within the accumulation range. The symmetrical triangle pattern indicates price compression, a phase that typically leads to a significant breakout. A surge above the trendline could push the price toward the $3.70-$3.80 range, while a drop below support may send it toward the buy zone at $1.99. Volume levels have declined, signaling reduced volatility. However, an increase in trading activity could confirm the breakout direction. The bid-ask spread remains tight, reflecting strong market participation. Price action suggests that traders are waiting for confirmation before making large moves. Earlier price action shows a sharp drop before entering this consolidation phase. Strong support is still being provided by the lower trendline, which stops additional drops. A bullish rally might be triggered by an upward breakout if the price stays above this trendline. According to market analyst Steph Is Crypto , XRP’s price movement reinforces expectations of an imminent breakout. The symmetrical triangle nears its apex, indicating that a decisive move could happen soon. The price has tested a red resistance zone near $2.80 multiple times but has not yet broken above it. Candlestick patterns remain mixed, alternating between bullish and bearish formations. However, a breakout above $2.80 could confirm strong upward momentum. If the price fails to break resistance, it may retest lower support levels before attempting another move DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

The financial markets are full of analogies and historical patterns that analysts scrutinize closely to anticipate trends. In the crypto universe, the history of Bitcoin often serves as a compass for understanding the evolution of other major assets. Today, Ethereum appears to follow in the footsteps of BTC, mirroring the patterns of its third cycle. This parallel fuels speculation: if history repeats itself, ETH could soon cross a decisive threshold. The recent activity of large portfolios has highlighted a marked opposition between different market players. On one side, major investors, particularly via the Binance and Coinbase platforms, have acquired $12.98 million worth of Ethereum , confirming a pronounced bullish sentiment. Such accumulation during a consolidation period suggests these actors anticipate a price surge. In contrast, Golem Network has deployed a diametrically opposed strategy. By transferring 4,850 ETH, worth $13.26 million, to exchange platforms, this entity seems to have opted for a partial liquidation of its assets. A movement of this magnitude can have a significant impact on market dynamics, injecting selling pressure that tempers hopes for a rapid rise in ETH’s price. The divergent reactions of these institutional players illustrate the current duality of the market. On one hand, the optimism of buyers who bet on an imminent rally; on the other, the caution of sellers looking to take profits or reposition themselves amid economic uncertainties. Beyond market movements, technical analysts are observing a resemblance between the current evolution of Ethereum and Bitcoin’s third cycle. The latter had followed an extended consolidation phase, characterized by a converging triangle, before experiencing a spectacular surge. Today, Ethereum seems to be on a similar path. The same technical pattern appears on the charts, suggesting a potential bullish breakout. Some experts estimate that if this correlation holds, ETH could reach $6,000 in the short or medium term. However, such a scenario hinges on the assumption that the market will continue to reflect past cycles, a strategy not without risk. History never repeats itself identically. If Ethereum were to lose its key support or fail to break through certain resistances, the trend could reverse abruptly. That is why caution remains essential, as crypto markets are known for their extreme volatility and their ability to defy well-established forecasts. Investors find themselves facing a complex equation. On one hand, technical indicators and the accumulation of Ethereum by certain whales send strong bullish signals. On the other, liquidation movements and the fragility of a market still influenced by regulation and macroeconomics create uncertainties. If Ethereum continues its ascent in Bitcoin’s footsteps, breaking through $6,000 could serve as a catalyst for a new bullish momentum. Conversely, prolonged stagnation or an unexpected correction would highlight the limits of historical comparisons.

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🚀 $1000CHEEMS/USDT – Momentum Building for a Breakout! 🔥🐶 📌 Current Price: $0.000942 (+2.39%) 📈 Consolidation after a strong rally – Ready for the next leg up? 📍 Key Levels: Support: $0.000920 - $0.000900 Resistance: $0.000950 - $0.000996 📊 Entry Strategy: 🔹 Breakout Trade: A break above $0.000950 could send prices flying to new highs. Targets: 🎯 TP1: $0.000975 🎯 TP2: $0.000996 🎯 TP3: $0.001050 🚀 Stop Loss: Below $0.000900 to minimize risk. ⚠️ Risk Management: Price action remains bullish, but watch for rejection at key resistance. 💡 Pro Tip: Volume is rising—a confirmed breakout could lead to explosive upside! Stay alert! 🚀 #BBMzansi #猫の日 #LaCasaDeLosFamososCol2 #earthquake #النصر_الاتفاق

TL:DR The popular crypto analyst Ali Martinez outlined possible positive scenarios for DOGE and XRP, which could send both assets up by around 25%. However, the landscape around Ripple’s cross-border token is somewhat worrisome, according to another indicator. #Dogecoin $DOGE could be on the verge of a 25% move as it nears a breakout from this symmetrical triangle! pic.twitter.com/Vf5OgIgRBU — Ali (@ali_charts) February 20, 2025 In terms of the world’s largest meme coin, Martinez noted that it nears a breakout from a symmetrical triangle. The asset has been stuck within it ever since the early February crash when the entire market bled out in hours. DOGE’s price tumbled from over $0.3 to a multi-month low of $0.22. In the following two and a half weeks, Dogecoin failed to break above it as it was stopped at the upper boundary at $0.28, and then the bulls defended the lower one at $0.244. With its price currently sitting at around $0.255, a 25% move to the upside will send it to over $0.3. The landscape around XPR is similar, but the triangle is slightly different – it’s an ascending one. In case the third-largest cryptocurrency manages to break above it, its price could experience a 26% surge, Martinez said, which would mean a price tag of roughly $3.4. Data from CoinGecko shows that this is the current all-time high, which XRP tested in early January but failed to breach. Ripple’s token certainly has some bullish sentiment going its way, mostly related to ETFs. Brazil is set to launch its first spot one tracking the asset’s performance, while several US-based applications have been officially recognized by the SEC. Nevertheless, Martinez also warned that another technical indicator suggests that XRP could be headed for a correction. The TD Sequential Indicator, which shows the market’s exhaustion in either direction, flashed a sell signal on the 3-hour chart after the asset’s recent rally. $XRP could be gearing up for a pullback, as the TD Sequential indicator flashes a sell signal on the 3-hour chart after the recent 11% rebound! pic.twitter.com/k8SetFIQ8F — Ali (@ali_charts) February 20, 2025 The post Are XRP and DOGE Preparing for 25% Price Moves? appeared first on CryptoPotato.