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XRP Bulls Shake Off Crash, Target This Major Resistance On The Road To $3.85

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After facing a significant crash to $3.7, XRP bulls are making a strong comeback, attempting to break above resistance levels and establish a new price target. With this in mind, a crypto analyst forecasts that if the asset surpasses this resistance, it could skyrocket to $3.85, potentially climbing even higher to hit the $6.5 mark.

XRP Bulls Push Toward $3.85 ATH Price

During the bull run in 2018, the XRP price hit its current All-Time High (ATH), skyrocketing to the $3.84 level. Now, a TradingView crypto analyst, identified as ‘Mindbloome-Trading,’ has shared a recent forecast, suggesting that XRP could surge past its ATH price to $3.85 in 2025. 

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The analyst’s bullish XRP price prediction is based on key resistance and support levels, with the expectation that the cryptocurrency can break above these levels. He shared a detailed video chart analysis, highlighting the altcoin’s price action on a monthly, weekly, daily, and 4-hour basis. 

The TradingView analyst announced that XRP is in a bull run and showing signs of a strong upward rally. The cryptocurrency had previously broken the $2.6 price, transforming this level into a crucial support area for driving its market momentum. 

Forming a new resistance level at $2.7, the crypto expert disclosed that the asset must break this threshold to initiate a swift climb to $3.15. In his video analysis, he identified the price points at $3.0, $3.11, and $3.14 as critical resistance levels that, if XRP can surpass, could push it to a new all-time high target of $3.85. 

While the analyst is confident that XRP can hit his projected price target, he also believes that the cryptocurrency could rally even higher, potentially hitting the $6.55 mark. He explained that this surge would be highly possible, as the subsequent increase in XRP’s market capitalization would be a fair and well-supported progression. The TradingView expert also acknowledged that for the cryptocurrency to reach the forecasted $3.85 ATH, several bullish catalysts would be necessary, including a positive upward trend in Bitcoin

Possible Market Dip Ahead

As XRP bulls attempt to trigger a price rally toward $3.85, Mindbloome-Trading has shared an alternative bearish scenario for the cryptocurrency if it fails to break above key resistance levels. According to the TradingView analyst, the current resistance XRP is facing is strong, raising the likelihood that the cryptocurrency may struggle to overcome it, potentially limiting its upward momentum. 

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He predicts that if the altcoin fails to surpass the resistance level at $3.13 and $3.15, the cryptocurrency could face a sharp correction, potentially dropping to $3.00 or even lower, with $2.85 being the possible target. As of now, the XRP price is trading at $3.1, reflecting an 11.22% increase over the past 24 hours, according to CoinMarketCap.

XRP
XRP trading at $3.1 on the 1D chart | Source: XRPUSDT on Tradingview.com

Featured image from Adobe Stock, chart from Tradingview.com



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Bitcoin Price Displays Bullish Signs: A Recovery In The Making?

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Bitcoin price started a fresh upward move above $102,000. BTC is rising and might gain pace for a move above the $105,000 resistance zone.

  • Bitcoin started a decent upward move above the $102,000 zone.
  • The price is trading above $103,500 and the 100 hourly Simple moving average.
  • There was a break above a key bearish trend line with resistance at $102,400 on the hourly chart of the BTC/USD pair (data feed from Kraken).
  • The pair could start another decline if it stays below the $105,000 zone.

Bitcoin Price Breaks Resistance

Bitcoin price started a decent increase above the $100,000 resistance zone. BTC was able to surpass the $102,000 and $102,200 resistance levels to move into a positive zone.

There was a break above a key bearish trend line with resistance at $102,400 on the hourly chart of the BTC/USD pair. The pair climbed above the 61.8% Fib retracement level of the downward wave from the $107,080 swing high to the $97,688 low. It even cleared the $103,500 resistance zone.

The pair settled in a positive zone and now faces hurdles near the $105,000 zone. Bitcoin price is now trading above $103,000 and the 100 hourly Simple moving average. On the upside, immediate resistance is near the $104,800 level or the 76.4% Fib retracement level of the downward wave from the $107,080 swing high to the $97,688 low.

Bitcoin Price

The first key resistance is near the $105,000 level. The next key resistance could be $105,500. A close above the $105,500 resistance might send the price further higher. In the stated case, the price could rise and test the $107,000 resistance level. Any more gains might send the price toward the $108,800 level in the short term.

Another Decline In BTC?

If Bitcoin fails to rise above the $105,000 resistance zone, it could start a fresh decline. Immediate support on the downside is near the $103,200 level. The first major support is near the $102,000 level.

The next support is now near the $101,200 zone. Any more losses might send the price toward the $100,000 support in the near term.

Technical indicators:

Hourly MACD – The MACD is now gaining pace in the bullish zone.

Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 level.

Major Support Levels – $103,200, followed by $102,000.

Major Resistance Levels – $105,000 and $107,000.



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AI Agent Tokens Rebound as DeepSeek Faces Major Setbacks

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AI agent tokens are experiencing a resurgence after suffering a $5 billion loss this week due to DeepSeek’s sudden popularity. 

Several challenges for DeepSeek emerged today, shifting market sentiment and fueling gains in AI-related tokens.

DeepSeek Faces Mounting Pressure

On Wednesday, Alibaba unveiled Qwen 2.5, an AI model it claims outperforms DeepSeek-V3. This announcement shook investor confidence in DeepSeek’s sustainability in the AI sector.

Additionally, OpenAI accused DeepSeek of using “distillation” techniques to train its AI models on OpenAI’s outputs. This is a potential breach of OpenAI’s terms of service. 

“Deepseek’s r1 is an impressive model, particularly around what they’re able to deliver for the price. We will obviously deliver much better models, and also, it’s legit invigorating to have a new competitor! We will pull up some releases,” Sam Altman, OpenAI CEO, wrote on X (formerly Twitter). 

The technique allows smaller models to replicate the performance of larger ones at a fraction of the cost. More importantly, it raises ethical and legal concerns within the AI research community.

Further complicating DeepSeek’s troubles, Italy’s data protection authority initiated an investigation into its use of personal data. 

As a result, DeepSeek’s app has been blocked from Apple and Google stores in Italy. 

“DeepSeek is not that special, the only thing that makes it better is that you can use it for free. China knew that USA won’t compete with free and cheaper products. USA, instead of competing, they want to ban the app in USA. The only solution for USA is banning the competition,” Mo Magoda wrote on X (formerly Twitter). 

AI Agent Coins See Market Rebound

Following these developments, AI Agent coins, which had faced heavy losses earlier this week, began to recover. 

Virtuals Protocol surged over 8%, while AIXBT and Ai16z both gained over 10% as investors redirected their focus toward decentralized AI projects.

top Five AI Agent Coins By Market Cap
Top Five AI Agent Coins By Market Cap. Source: CoinGecko

The market correction comes after DeepSeek’s initial rise had diverted attention from AI-focused cryptocurrencies, leading to a sharp decline in their valuations. 

At the beginning of this week, DeepSeek unveiled its AI assistant, which rivals existing models but operates at a fraction of the cost. 

This innovation led to a substantial selloff in US technology stocks, with companies like Nvidia losing $589 billion from its market capitalization. Consequently, the stock price of crypto mining companies and AI-based cryptocurrencies dropped sharply. 

However, as the hype cools down, the market is starting to see the potential downsides of this new AI model. 

Also, several fake DeepSeek meme coins have surfaced on decentralized exchanges. Although DeepSeek has clarified it doesn’t associate with any cryptocurrency, scammers are still exploiting the hype. 

Disclaimer

In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and ConditionsPrivacy Policy, and Disclaimers have been updated.



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TAO Price Holds Strong as Bittensor Leads AI Crypto Market

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Bittensor (TAO) price is up less than 1% in the last 24 hours, but it stands out as the only top AI coin in the green, while others like RENDER, FET, and INJ are all in the red. TAO’s technical indicators suggest growing bullish momentum, with its BBTrend reaching its highest level in three weeks and a potential golden cross forming on its EMA lines.

Additionally, the Ichimoku Cloud setup remains positive, reinforcing the possibility of further upside. Whether TAO can reclaim $500 in February or face a pullback will depend on how it reacts to key resistance and support levels in the coming days.

TAO Ichimoku Cloud Flashes Bullish Setup

The Ichimoku Cloud chart shows a bullish setup, with TAO price currently trading above the cloud, indicating strong momentum. The green cloud ahead suggests that support is forming, which could help sustain the uptrend.

Additionally, the price remains above the blue Tenkan-sen line, signaling that short-term momentum is still in favor of the bulls. However, the recent pullback suggests that some resistance is being encountered, and a deeper correction could test lower support levels.

TAO Ichimoku Cloud.
TAO Ichimoku Cloud. Source: TradingView

If TAO maintains its position above the cloud, the bullish trend could continue, with potential retests of recent highs. However, if selling pressure increases and the price falls below the Tenkan-sen and Kijun-sen lines, a move toward the cloud could occur.

A breakdown into the cloud would signal a shift to consolidation, while a drop below it could indicate a potential trend reversal. For now, the overall outlook remains bullish as long as Bittensor stays above key support levels.

TAO BBTrend Climbs to 3-Week High

TAO BBTrend has surged to 10.6, up from 1 earlier today, after being negative yesterday and reaching -2.7. This marks a significant shift in momentum, as BBTrend turning positive often indicates increasing bullish pressure.

Notably, this is the highest level since January 7, suggesting a potential strengthening trend. TAO was the only winner of the day among the top five biggest artificial intelligence cryptos.

TAO BBTrend.
TAO BBTrend. Source: TradingView

BBTrend (Bollinger Band Trend) measures momentum by analyzing price positioning within Bollinger Bands. Positive values indicate bullish momentum, while negative values suggest bearish pressure.

With TAO’s BBTrend now at 10.6, the strongest level in weeks, it signals that buying momentum is returning. If it continues rising, Bittensor price could push higher, but if it starts declining, a short-term correction may follow.

TAO Price Prediction: Will It Go Back to $500?

TAO’s EMA lines indicate that a golden cross could form soon, as the shortest-term moving average is rising and nearing a crossover above the longest-term one.

If this bullish signal confirms, TAO could gain momentum and test the $495 resistance level. A breakout above that could push the price toward $522, and if the uptrend remains strong, TAO price may rally to $588, marking a potential 26% surge.

TAO Price Analysis.
TAO Price Analysis. Source: TradingView

However, if the uptrend fails to sustain and momentum reverses, TAO could face a pullback toward the $434 support level. Losing this support could accelerate the decline, with further downside targets at $382 and $362.

A drop to these levels could put TAO at risk of losing its position as the top artificial intelligence coin in market cap.

Disclaimer

In line with the Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to accurate, unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult with a professional before making any financial decisions. Please note that our Terms and ConditionsPrivacy Policy, and Disclaimers have been updated.



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