A popular crypto analyst, identified as CrediBull crypto on X (formerly Twitter) has revealed bullish projections for both. ethereum and XRP. Doubling down on his previous XRP price prediction, the analyst has further stated that the cryptocurrency is poised to overtake bitcoin and ethereum in the bitcoin/bitcoin-bull-run-2024-inevitable/” target=”_blank” rel=”noopener nofollow”>next bull run 2024.
ethereum prepares to hit new all-time highs
In a recent post by X, CrediBull crypto revealed Information about the next cryptocurrency that will emerge after bitcoin. With btc reaching its past bitcoin/bitcoin-price-skyrockets-past-71000-heres-why/” target=”_blank” rel=”noopener nofollow”>all-time highs above $71,000The analyst has suggested that ethereum, the second-largest cryptocurrency, is next to witness a significant rally.
According to the analyst, many investors and cryptocurrency enthusiasts are already anticipating a eth/ethereum-price-dips-3830/” target=”_blank” rel=”noopener nofollow”>potential bullish breakout in the price of ethereum. He revealed that the majority of the crypto community shares a similar sentiment, hoping eth/ethereum-price-surge-3800/” target=”_blank” rel=”noopener nofollow”>The price of ethereum to consolidate between the range of $3,600 and $3,700.
Express confidence in ethereum Price OutlookThe analyst has suggested that an increase to more than 25% was within reach before any notable change occurred. eth/ethereum-price-consolidation-3800/” target=”_blank” rel=”noopener nofollow”>pull back occurred. He shared a chart of ethereum's recent price movements, highlighting the cryptocurrency's apparent determination to enter a eth/ethereum-price-rallies-2650/” target=”_blank” rel=”noopener nofollow”>important bullish position.
“ethereum wants new all-time highs,” the analyst wrote, emphasizing the cryptocurrency's fervent drive to reach unprecedented heights. This bullish outlook is also supported by ethereum's strong fundamentals, further bolstered by its bitcoin/ethereum-outperforms-bitcoin/” target=”_blank” rel=”noopener nofollow”>positive price behavior recently.
Today's total crypto market cap, at $2.4 trillion. Chart: TradingView
crypto Analyst Remains Bullish on XRP
In another post from X, CrediBull crypto sleepless price predictions for XRP, reaffirming its initial forecast in February 2024when he predicted that the price of XRP could achieve a 200% gain over bitcoin. At that time, the analyst stated that XRP Was Set to Potentially Overtake bitcoin and ethereum in “the next few days or weeks.”
The analyst confirmed in his recent post that the technical indicators were currently aligning with his bullish projectionswhich could indicate a confirmation of his previous XRP Price Prediction. He stressed that the expected window of outperformance mentioned in his initial forecast was “just around the corner.”
This time, the crypto analyst has revealed an audacious goal, outgoing a 250% gain against bitcoin. With unwavering optimism, CrediBull crypto anticipates ethereum Soars to New All-Time Highs, a Sentiment Underscored by Its Strategic Move to Strengthen the XRP Holdings in your wallet.
At the time of writing this article, the XRP price is reflecting a weekly rally of 1.78%, standing at $0.639 on CoinMarketCap. The cryptocurrency has been steadily breaking out of bearish trends, breaking through critical price resistance levels of $0.5 and eventually showing signs of a possible bullish rally in the next bull market.
Featured image from Pixabay, TradingView chart