Altcoin
Could XRP Price Reach $10 If Ripple Rallies Like It Did in 2018?
With recent moves, XRP price is again on investors’ radar, and many are drawing parallels with the virtual monster rally of 2017-2018 when the value of XRP surged as high as 57,000%.
Could we be at the threshold of another great upsurge?
XRP Price Déjà Vu: Is Another 57,000% Surge Coming?
In 2017, one XRP was trading for a fraction of a cent. At the beginning of 2018, it shot up as high as $3.31. Driving this upward trajectory was a mix of speculation in the market, growing adoption, and the larger cryptocurrency market boom. It thus yielded phenomenal returns to early investors.
Looking at it today – the XRP price again looks pretty promising. Analysts say today’s current market conditions are similar to the bull rally from 2017 into 2018.
XRP has achieved record lows in volatility – a common predecessor to some of the major price shifts. Even the technical signals have relayed that another big breakout may occur, such as the tightening of Bollinger Bands.
Popular cryptocurrency expert and trader Javon Marks, therefore, claims that XRP is currently depicting action much similar to its movement just before its giant 57,000% climb in 2017-2018, and he feels this price could be on the verge of another major upside to levels not seen in the last 6-7 years.
Analyst Predicts $22 Trillion Market Cap
XRP, for instance, reached its narrowest Bollinger Band Width (BBW) during the 2016-2017 session when the price consolidation was very tight in the range between $0.0050 and $0.0090. This consolidation was then followed by a wide upside break of 66,000%. Monthly volatility then rose from 66.50 to an incredible 982.22.
This consolidation phase of XRP has already fared longer than the one realized in the 2016-2017 period, even at lower monthly volatility. Therefore, some experts have resulted in believing that there would be a strong price breakout anytime soon, Analyst Tony Severino, for example, claims XRP monthly Bollinger Bands are tighter than before the historic 60,000% rally that ended in early 2018.
Even David Schwartz, Ripple’s Chief Technology Officer (CTO), recently highlighted the strong long-run performance of XRP since its inception seven years ago when XRP price had rocketed by 1500%.
In light of the resurgence of XRP, prominent cryptocurrency analyst JackTheRippler shared his highly optimistic projection for the coin’s market capitalization. He projects the market capitalization of Ripple could surge drastically within the next two years to usher in more enthusiasm among investors.
He also predicted that the market capitalization of XRP would increase to a staggering $4.897 trillion before correcting. Once that is done, he expects the token’s market capitalization to grow over the long term and rise to more than $22 trillion.
Ripple’s XRP: Primed for a Breakout in 2025?
Several factors can come together to make this huge jump in the XRP price. First, the case put up by Ripple against the SEC was very high-profile, and the favorable ruling greatly boosted investor confidence and, in turn, demand for XRP. Second, strong adoption by traditional financial institutions provides a sound bedrock for further growth.
On a more conceptual basis, fundamental upside for XRP might materialize from several possible narratives, such as crypto-friendly regulations in the United States following the re-election of Donald Trump, which could be possible if it’s to believe to Polymarket and Robert Kiyosaki.
However, an XRP breakout may take time, with the probable move happening around August 2025, when its triangle’s upper and lower trendlines converge.
For now, any sharp drop below the lower trendline could invalidate the long-term bullish setting for the coin’s price. Also, the general sentiment for the cryptocurrency market is very bullish, and investors are looking for their next big opportunity. Be it as it may, predicting the future of any cryptocurrency is extremely hazardous, but the signs for a possible resurgence of XRP are looking very good.
At the time of writing, the seventh cryptocurrency asset by market capitalization traded at $0.62. Even though the coin’s price is down by 1.41% in the last 24 hours, it has recorded a weekly price gain of almost 6%. Over the past 24 hours, XRP’s trading volume has surpassed $1.53 billion.
Teuta
Teuta is a seasoned writer and editor with over 15 years of experience in macroeconomics, technology, and the cryptocurrency and blockchain industries. Starting her career in 2005 as a lifestyle writer for Cosmopolitan in Croatia, she expanded into covering business and economy for several esteemed publications like Forbes and Bloomberg. Influenced by figures like Don Tapscott and Bruce Dickinson, Teuta embraced the blockchain revolution, believing crypto to be one of humanity’s most crucial inventions. Her fintech involvement began in 2014, focusing on crypto, blockchain, NFTs, and Web3. Known for her excellent teamwork and communication skills, Teuta holds a double MA in Political Science and Law, enjoys punk rock, chablis, and has a passion for shoes.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
SUI, a Layer-1 blockchain developed by Mysten Labs, continues to dominate headlines with a 5% surge in just 24 hours. This follows a consistent bullish trend and the anticipation of unlocking 2% of its total supply in February. But while SUI impresses, another contender, Nebula Stride (NST), is emerging as a game-changer poised to revolutionize how we think about crypto and real-world assets.
SUI’s Recent Price Performance and Developments
SUI is at the forefront with the introduction of Mystceti V2 consensus and Remora scaling, innovations set to revolutionize blockchain efficiency by 2025. These developments aim to process up to 120,000 transactions per second, positioning SUI as a direct competitor to Solana. Additionally, privacy enhancements through zero-knowledge proofs are on the horizon, promising a more secure user experience.
The market has responded positively, with SUI hitting a new all-time high in stablecoins, up 25.78% within the last 30 days. SUI’s upward trajectory is hard to ignore.
Additionally, from $0.90 in August 2024 to an all-time high of $5.35 on Jan 06, 2025, the token has grown exponentially.
SUI has also achieved a significant milestone with 50 million accounts, solidifying its position as a leading Layer-1 blockchain. The Total Value Locked (TVL) in Sui’s ecosystem soared to $1.75 billion by December 2024, showcasing increased investor confidence and activity.
Despite retracing slightly to the current value of $4.17, recent charts show SUI printing a Hidden Bullish Divergence on the RSI, suggesting potential for continued upward movement. Analysts on X have noted SUI’s price movement mirroring Bitcoin’s during the 2017 bull market, indicating strong bullish momentum.
However, while SUI celebrates its achievements, another cryptocurrency, Nebula Stride (NST), is poised to potentially eclipse these gains with its unique proposition:
Nebula Stride (NST): Bridging the Gap Between Crypto and Real-World Assets
Nebula Stride (NST) is transforming the blockchain landscape by allowing fractional ownership of tangible assets like real estate, art, and commodities. This opens up a market previously inaccessible to the average investor, potentially fueling massive adoption and price surges for NST.
Emerging as one of the top RWA tokens and early-stage cryptocurrencies, NST is priced at a mere $0.02, offering a low entry barrier with significant upside potential as the tokenization of real-world assets gains traction. The platform’s focus on user-friendly infrastructure and tangible asset investment could lead to high returns for early investors.
NST supports both institutional and individual investors through a robust ecosystem that includes asset management tools, educational platforms, and microloans. This inclusivity broadens its appeal, aiming to create one of the pioneers in the RWA sector.
- Nebula Stride (NST) Tokenomics
Why NST Could Outshine SUI
While SUI excels in blockchain performance, NST’s focus on RWAs gives it a unique edge. Here’s why:
- Broader appeal: NST’s integration with real-world assets attracts a diverse audience, including traditional investors seeking exposure to tokenized assets.
- Mass adoption potential: By simplifying access to high-value investments, NST can drive widespread adoption beyond the crypto community.
- Market disruption: Tokenizing RWAs could disrupt traditional investment sectors, unlocking new opportunities for both individual and institutional investors.
- Tangible utility: Unlike SUI, which primarily enhances blockchain efficiency, NST offers a direct connection to the physical economy, fostering stability and long-term growth, as one of the best new cryptocurrencies to invest in.
Final Thoughts: The Road Ahead for SUI and Nebula Strides
SUI’s developments in technology and expanding ecosystem, position it as a strong contender in the blockchain arena. Nevertheless, Nebula Stride’s pioneering approach of tokenizing real-world assets makes it a significant competitor for future leadership. Thanks to its affordable entry cost, adaptable infrastructure, and practical uses, NST is set to not only support but possibly surpass SUI in the cryptocurrency arena.
As the industry evolves, both SUI and NST demonstrate the immense potential of blockchain technology. While SUI sets new standards for performance and scalability, NST’s focus on bridging digital and physical assets could redefine the crypto space. Investors should keep a close eye on both projects as they navigate the exciting and rapidly changing world of blockchain innovation.
Jane Lubale
With over four years of experience in the cryptocurrency, Fintech, blockchain, and Web3 industries, I bring a wealth of knowledge and expertise to every piece I write. Backed by a Masters in Business Administration, my writing combines insightful analysis with a deep understanding of market trends, technological advancements, and regulatory landscapes. Whether crafting engaging articles, informative guides, or thought-provoking analyses, I strive to deliver content that informs, educates, and inspires readers in this rapidly evolving space.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
Crypto analyst Trader Tardigrade has raised the possibility of the Dogecoin price rallying to as high as $20 in this bull run. The $20 price prediction came into the picture as the crypto analyst revealed what would happen if DOGE repeated previous cycles.
Dogecoin To Rally To $20 If This Happens
In an X post, Trader Tardigrade predicted that the Dogecoin price could rise to as high as $20 if it replicates its historical performance. He noted that Dogecoin experienced bull rallies after surpassing the previous candle body high in 20217 and 2021, with gains of 3,000% and 8,000%, respectively.
In line with this, he predicted that the Dogeocoin price could rally to as high as $20.68 if DOGE follows a similar pattern. Interestingly, Trader Tardigrade previously predicted that DOGE could rally to as high as $8 if it mirrors the 2017 bull run and rally to as high as $30 if it mirrors the 2021 bull run.
Meanwhile, the crypto analyst also suggested that the foremost meme coin could soon begin the next leg of its bull run. In another X post, he stated that the Dogecoin price has broken out a converging triangle and the moving average convergence divergence (MACD) shows a bullish crossover. He added that DOGE may start a bull rally from here.
Crypto analyst Ali Martinez also hinted a bullish reversal for the Dogecoin price. In an X post, he stated that the TD Sequential has presented a buy signal on DOGE’s hourly chart. This indicates that the foremost meme coin could be well primed to record another move to the upside.
DOGE’s Outlook Is Far From Bearish
In an X post, crypto analyst Kevin Capital made a case for why the Dogecoin price is far from being bearish. He stated that DOGE is still seeing fast expansion on the 50 and 200 moving averages after its weekly golden cross occurred. He added that the meme coin is above the macro golden pocket at $0.26 and is battling the macro .786.
In line with this, he suggested that there was no reason for market participants to be bearish on the Dogecoin price. However, in the meantime, he mentioned that he wasn’t focus very much on DOGE or other altcoins because the Bitcoin price will determine the next move in the market. The crypto analyst reassured that nothing has changed regarding DOGE’s bull run, stating that cycle tops don’t occur when everyone is bearish.
Crypto analyst Javon Marks also recently made a bullish case for the Dogecoin price, predicting that it could witness at least a 5x increase from its current level.
At the time of writing, the Dogecoin price is trading at around $0.35, down over 3% in the last 24 hours, according to data from CoinMarketCap.
Featured image from Unsplash, chart from Tradingview.com
Solana DEX Jupiter’s native coin JUP price jumped nearly 8% on Saturday, primarily riding the back of remarkable community developments. Notably, the DEX platform has marked monumental strides, acquiring a majority stake in the crypto trading platform Moonshot, among other advancements. As an upshot, the native token’s price soared remarkably intraday, with market watchers anticipating further gains amid recent developments.
JUP Price Bullish Amid Jupiter’s Moonshot & Sonarwatch Acquisition Plans
Jupiter co-founder, going by the pseudo-name Meow, posted on X as of January 25, revealing that the Solana DEX has acquired a majority stake in Moonshot. Intriguingly, Moonshot is a crypto trading platform that focuses on meme coin transactions, and it has recently gained a large number of new users in the wake of the Trump token event and soaring focus toward the top meme coins. Primarily, the stake acquisition sparked significant market discussions, paving the way for collaboration between the entities for the “future of memes,” as indicated by the co-founder on X.
Further, it’s also worth pointing out that DEX acquired Sonarwatch, a Solana on-chain portfolio tracker. Notably, with this acquisition, the DEX aims to launch a page where users can track Solana’s on-chain activity. Overall, these movers appear to have cemented a bullish market sentiment for the DEX’s native coin, as seen by the recent upswing in JUP price.
Jupiter Goes Back Into Beta: What’s Happening?
Meanwhile, another X post by the DEX’s community today revealed that the platform is going into the beta phase as its reinvented platform is now live. The Jupiter Spot V2 has been introduced, with key features likely to be rolled out over the next few weeks.
Notably, the new reinvented platform is set to offer features such as ultra Mode, RTSE, organic scoring, smart trigger orders, Jupiter Shield, magical mobile updates, and major changes to perps and JLP, a liquidity token for the DEX’s perpetual platform. Altogether, this monumental feat has further uplifted the market sentiment for JUP price.
It’s also worth mentioning that the Solana DEX today revealed a revolutionary idea, allowing users to deposit JLP and borrow USDC. This maneuver further supports the stablecoin by offering higher utilization rates whilst also enhancing APY for JLP holders. In turn, broader ecosystem perspectives for Jupiter and its native token remain optimistic amid the abovementioned advancements.
JUP Price Soars 10%
At the time of reporting, JUP price witnessed a staggering 10% pump and is sitting at $0.9425. The coin’s 24-hour low and high were $0.8208 and $0.968, respectively. As mentioned above, the latest ecosystem developments appear to have sparked a bullish sentiment for the native token as it defies the broader crypto market trend. Traders also reacted positively to the announcements, as flagged by a 13% rise in the intraday trading volume to $441.88 million.
Coinglass data showcased an 18% surge in the coin’s futures OI to $263.87 million. Further, even the derivatives volume shot up by 30% to $1.08 billion. This indicated that the asset enjoys a bullish trend amid rising market interest, primarily driven by the latest ecosystem developments.
Coingape Staff
CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
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