Cryptocurrency Analyst Predicts XRP and HBAR Price Rallies
A cryptocurrency podcast host has pointed to the ongoing accumulation of XRP and HBAR, suggesting these assets could see massive rallies.
In his latest podcast, the analyst highlighted bullish signals for XRP and HBAR tokens, explaining why many crypto users anticipate significant gains during the upcoming altcoin season.
Whales Shifting to XRP & HBAR, Analyst Claims
According to the analyst, crypto whales are shifting their focus from retail-oriented projects to institutional assets like Ripple and Hedera.
Following this shift in whale activity, the analyst estimates a substantial influx is imminent, potentially contributing to a $300 billion infusion into institutional crypto. With HBAR and XRP ETFs possibly on the horizon, expectations for a record-breaking bull run for these digital assets are growing.
“Trump Effect” & US Adoption Sentiment Boost XRP
Ripple’s optimistic outlook is not solely reliant on whale activities. There’s an increased adoption sentiment for XRP, especially in the USA. Policies from President Trump’s administration have created optimism regarding XRP’s potential for increased roles in the US market.
Reports indicate that Ripple secured more US deals in the last six weeks of 2024 than in the previous six months, suggesting that the business environment is shifting positively post-election. This is seen as Ripple’s response to the Trump effect, which many analysts believe aims to make crypto more favorable in the United States.
Chart Patterns Show “Over-and-Down Reclaim” Structure
While some expected quicker price increases, most analysts anticipate XRP and HBAR to rally sooner rather than later, maintaining a positive outlook.
Related: XRP and HBAR Independently Set Up For Massive Rallies – Analyst
Their chart formations reveal an over-and-down reclaim structure, with unique entry levels for traders seeking accumulation in a bullish market.
HBAR & XRP Price Levels to Watch for Potential Breakouts
As of now, HBAR is trading at $0.2204, slightly below the 0.5 Fibonacci retracement level from its bull run starting in November 2024. Analysts anticipate a price rise above this resistance, triggering a bullish move.
Related: Hedera (HBAR) Price Prediction 2025-2030: Will HBAR Price Hit $1 Soon?
Similarly, XRP is re-testing the 0.618 Fibonacci resistance from a January 2025 retracement. A break above this level would enhance investor sentiment and bolster XRP’s bullish outlook.
Disclaimer: The information presented in this article is for informational and educational purposes only. This article does not constitute financial advice. Coin Edition is not responsible for any losses incurred as a result of using the content. Readers are urged to exercise caution before taking action related to the company.
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