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MOG Coin at Crossroads: Will High Volatility Lead to New All-Time Highs?

Albert Brown
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MOG Coin at Crossroads: Will High Volatility Lead to New All-Time Highs?

As MOG Coin stands at a crossroads, will the increasing volatility result in a new breakout rally above $0.000002355?

With a market cap of $919 million, the MOG coin has increased by 37% in the last 24 hours. It is currently trading at $0.000002341 and is at a crucial crossroads. With a massive bullish engulfing candle, the MOG coin prepares for a breakout rally above $0.000002355. 

With an intraday pullback of 3.33% from the opening price of $0.000002409, the massive overhead supply delays the breakout rally. Will the broader market push help the MOG coin to create a new all-time high? 

MOG Coin Price Analysis

On the daily chart, MOG Coin is exhibiting a cup-and-handle pattern. It is attempting a breakout but struggling to gain momentum due to the strong supply zone around $0.000002355. The coin has had difficulty sustaining an uptrend above this level.

Mog Coin Price Chart
Mog Coin Price Chart

Furthermore, the massive profit booking above this level has led to higher price rejections in late July, early November, and today. Due to this, a pin bar shooting star candle is under formation. This increases the chances of an evening star reversal in the MOG coin. 

However, the massive bullish engulfing candle formed with a 32% jump yesterday has increased the breakout chances significantly. The candle extends from the opening price of $0.000001822 to the closing of $0.000002409. 

Furthermore, the massive surge has led to a positive crossover in the MACD and Signal lines. 

Additionally, the price action has found support at the 78.60% Fibonacci retracement level, as well as the 50-day SMA, indicating strong underlying demand.

Furthermore, the 100-day and 200-day SMA lines are nearing a positive crossover, suggesting that with broader market support, a breakout rally in MOG Coin is highly probable.

Volatility Spike Signals Potential for Extended Bull Run

The key resistance level at $0.000002355 has led to previous bearish reversals. The first failure occurred in late July when volatility peaked at 239%, while the second failure took place in late October with volatility peaking at 157%.

Mog Coin Volatility
Mog Coin Volatility

In both July and October, volatility formed lower highs, but the recent bullish challenge has seen volatility spike above 170%, signaling a potential shift in trend. This new volatility surge suggests a change in market behavior, which could drive the coin into a new phase of upward movement.

With the broader market maintaining a positive outlook, the increased volatility and heightened speculation surrounding MOG Coin could propel a bull run.

MOG Coin Price Targets

Based on the Fibonacci levels, the breakout rally in the MOG coin above $0.00002355 could challenge the 1.272 or 1.618 Fibonacci levels. These Fibonacci levels coincide with the price target at $0.0000032108 and $0.0000047622. 

Conversely, a bullish failure could result in a pullback to the $0.000001845 or the 78.60% Fibonacci level. 

Experts Say XRP Will Frustrate You with Its Price Action, but Will Surpass ATH Within Weeks

Abdulkarim Abdulwahab
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Market watchers argue that while XRP may continue to frustrate holders in the short term, it could be gathering momentum for a dramatic rally that will push it past its all-time high.

Currently, XRP is trading 81% below its all-time high, while Bitcoin is in a price discovery phase, regularly claiming new peaks.

Notably, Bitcoin has gained 112% year-to-date (YTD), while XRP’s growth over the same period is significantly slower, with just an 11% gain. Meanwhile, prominent altcoins like Solana and BNB have closely mirrored Bitcoin’s performance this year, each registering over 100% YTD gains.

Data shows that among the top 100 cryptocurrencies by market cap, 71 of them are outperforming XRP in terms of yearly price performance.

With such disappointing results, many have written XRP off, arguing it has no bull market potential. However, core XRP proponents continue to assert that the asset still holds significant promise.

XRP Could Rally to ATH “Within Weeks”

In a post on X, macro investor “Pharaoh” pointed out that it’s in XRP’s nature to frustrate holders with its stagnant, suppressed price action.

However, he reassured them that this pattern may persist until someday, the price suddenly surges past its all-time high within a matter of weeks.

This perspective draws parallels to XRP’s price action in 2017/2018 when the asset traded with two leading zeros but dramatically changed course towards the end of the bull cycle. For instance, as of December 11, 2017, XRP traded at $0.2365, but over the subsequent three weeks, it surged by 1,523%, reaching $3.84.

XRP enthusiasts are hoping for a similar repeat of history in the current bull run.

XRP chart
XRP chart

XRP Bull Run Already in Motion

Meanwhile, it’s important to note that XRP has already started to break free from its previous sluggish price action. This week, XRP is up over 25%, trading above the $0.70 mark for the first time in eight months.

This encouraging comeback has given market watchers and XRP enthusiasts renewed confidence that the asset’s bull market potential remains intact.

According to analyst Javon Marks, XRP’s recent bullish signals are showing early-stage results. However, he believes this could be just the beginning of a massive rally, potentially leading to new all-time highs and beyond.

On a more conservative outlook, Marks has set a target of $15 for XRP. However, in the event of a full-blown rally, where XRP repeats its historical performance, he sees the potential for the price to soar as high as $200.

Image
XRP chart by Javon Marks

Shiba Inu Team Predicts SHIb is Going To $0.00006861

Lele Jima
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Shiba Inu Team Predicts SHIb is Going To $0.00006861

Shiba Inu marketing lead, Lucie, expresses confidence in SHIB’s current position and predicts a potential surge to the $0.00006 price mark.

The ecosystem marketer made this known in a recent tweet, suggesting that SHIB is ‘doing just fine.’ She attached a chart to confirm this assertion, showing a substantial price increase in SHIB’s performance against the dollar and Bitcoin since its inception. 

According to the chart, Shiba Inu was priced at $0.00002619 as of November 11, with a lifetime gain of 1,958,563% for the USDT pair and 370,817% in the BTC pair. 

SHIB Next Target  

The marketing lead predicted Shiba Inu’s potential surge to $0.00006861. However, she did not set a timeline for when this prediction would materialize. 

A few hours after the forecast, Shiba Inu registered an impressive rally, rising to a seven-month high of $0.00003031. Projections of a possible rally to the $0.00006861 target emerged, but the token eventually plunged below the $0.00003 mark. 

SHIB is changing hands at $0.00002594 in the hours leading to press time. This suggests that the token must surge by 165% to hit the projected target of $0.00006861. 

Even if Shiba Inu clinches this target, it will still be down 20.36% from its all-time high (ATH) record of $0.00008616, registered in October 2021.

SHIB Isn’t in Alt Season Despite Recent Gains 

In the meantime, SHIB is up 37.13% over the past seven days and 41% month-to-date (MTD). This surge comes amid a broader market rally led by Bitcoin. 

According to Lucie, Shiba Inu’s recent performance does not imply that the market is in the Alt (Altcoin) Season. For context, altcoin prices usually skyrocket, outperforming Bitcoin’s during this phase. Currently, Bitcoin is leading the rally across the market, influencing the prices of other assets like SHIB along the line.

Investors Remain Bullish in SHIB Amid Growing Interest 

Meanwhile, Shiba Inu’s proponents are bullish about SHIB’s prospects in the upcoming Alt Season, with many expecting the token to set a new all-time high of $0.0001 and above. 

While it remains unclear whether SHIB will achieve this feat, the token has gained interest from investors. Earlier today, Lucie revealed that SHIB was trending on X under the Business & Finance niche. Specifically, at least 41,300 X posts mentioned SHIB, indicating a growing interest in the token.

Analyst Says Bitcoin Could Reach $255,000 Peak with Cup-and-Handle Pattern

Albert Brown
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Analyst Says Bitcoin Could Reach $255,000 Peak with Cup-and-Handle Pattern

Analysts are eyeing a $100K+ target for Bitcoin, with a bullish Cup-and-Handle pattern suggesting a potential move to $255K.

Bitcoin’s price surged to a new all-time high on Wednesday, climbing past $90,000 amid renewed optimism in the market. This jump followed a week-long bullish run following the outcome of the U.S. presidential election.

Specifically, Bitcoin set a fresh record of $93,480 before easing slightly to $89,413 as of press time. Over the past 24 hours, Bitcoin’s price saw a 2.77% gain, while the past seven days marked a substantial 20.03% increase.

In the wake of Bitcoin’s recent breakout, analyst Ali Martinez identified a technical pattern suggesting further upward momentum.

Cup-and-Handle Pattern Taking Bitcoin to $255K

Martinez highlighted a “Cup and Handle” formation in Bitcoin’s price action, which often indicates a bullish continuation. The rounded base, marking the “Cup” phase, began mid-2022 and extended to early 2023. Notably, Bitcoin had bottomed near $15,000 during this period. 

This phase concluded as Bitcoin recovered to a key resistance level of $73,750 in early 2024, initiating a consolidation period that formed the “Handle” of the pattern.

Martinez’s analysis projects a bullish target of $255,450 for Bitcoin, which aligns with a measured Fibonacci projection near the 2.272 level. If achieved, this would represent a 185.7% increase from current levels.

Following the recent climb to $90,000, a potential pullback could offer an entry point near $80,000, according to analyst Michaël van de Poppe. Meanwhile, the $100,000 mark remains a psychological target for many traders, especially if the bullish sentiment continues.

Dangers of Heightened Optimism Around Bitcoin $100K Target

As Bitcoin touched record highs, data from market intelligence platform Santiment revealed heightened social media speculation around potential price targets above $100,000.

Historically, excessive hype often aligns with local price peaks, a pattern seen during Bitcoin’s recent rally. Santiment suggests that countering this crowd behavior may benefit traders, as past trends indicate buying during periods of retail caution. 

Recent social media trends exhibit heightened “fear of missing out” (FOMO) sentiment, often serving as a cautionary indicator for seasoned investors.

Nevertheless, recent data show that on-chain metrics reflect restrained sentiment, with signs of “green greed” rather than extreme greed among long-term holders.

MicroStrategy Chairman Saylor Says He is Planning the $100,000 Bitcoin Party

Elendu Benedict
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MicroStrategy Chairman Saylor Says He is Planning the $100,000 Bitcoin Party

Famous Bitcoin evangelist and MicroStrategy Chairman Michael Saylor has arraigned his readiness for Bitcoin’s push to $100,000, teasing a party to celebrate the milestone.

Bitcoin pushed to a new all-time high above $93,000 on Wednesday, continuing its ploy to attain a six-figure valuation. The largest cryptocurrency by market cap surged an impressive 8% yesterday, taking its 7-day gain to 20%.

The November 13 upswing brings brokerage firm Bernstein’s assertion that Bitcoin would trade at $90,000 if Donald Trump won his reelection bid to fruition. Notably, the premier asset has surged over 31% since the pro-crypto President won the November 5 poll.

Meanwhile, with Bitcoin just 9.7% away from $100,000, enthusiasts are bracing for the asset’s attainment of the six-figure valuation. Notorious Bitcoin advocate and MicroStrategy chairman Michael Saylor is among those on the outlook for the price mark.

Saylor Planning the Bitcoin Party

In a Wednesday tweet, Saylor noted he was already planning the $100,000 Bitcoin party, implying he sees the asset attaining the price mark soon. The MicroStrategy co-founder expressed his readiness to finally see Bitcoin hit six figures, a major milestone for the crypto firstborn.

Saylor has often argued that Bitcoin is undervalued, predicting lofty prices for the pioneering cryptocurrency. One of his ambitious valuations includes Bitcoin representing 7% of the global wealth and a surge to $13 million by 2045.

Meanwhile, Saylor didn’t hold back his excitement as Bitcoin nears $100,000. The Bitcoin evangelist even teased throwing a party to celebrate the unprecedented milestone.

Bitcoin to $100,000 by Next Week?

Saylor’s tweet drew the attention of notable personalities in the crypto space, including JAN3 CEO Samson Mow. The “Asian Michael Saylor” implied that Bitcoin would trade at $100,000 next week, fueling speculations among the crypto community.

Mow said he would have loved to attend the Saylor $100,000 Bitcoin party but would be a bit busy next week. His “next week” comments suggest that he predicts the premier asset will conquer six figures in the coming week.

Surprisingly, Bitcoin and Saylor’s core critic, Peter Schiff, responded to the MicroStrategy chairman’s tweet. In a rare gesture, the antagonist asked Saylor if he had an invitation to the party, drawing the highest response on the tweet so far.

Responding to Schiff, a user tagged the gold mice’s comment in November 2019, in which he stated that Bitcoin “is never going to hit $100,000.” Other respondents taunted Schiff, asking him to admit he was wrong about Bitcoin.

In the meantime, Bitcoin trades at $91,143, with its market cap hitting $1.8 trillion.

PEPE Rally Targets $0.000042 as Fibonacci Levels Predict 78% Extension

Albert Brown
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PEPE Rally Targets $0.000042 as Fibonacci Levels Predict 78% Extension

With a new all-time high, will PEPE continue the bull run to reach the $0.000042 level this November?

With a massive surge in the crypto market, meme coins are driving the bull run. The meme coin market cap has reached $116.94 billion with a trading volume of $74.12 billion. 

The meme coin craze has officially begun as top meme coins are emerging as the top performers in the crypto market. Among the top performers is PEPE, which has jumped nearly 100% in 24 hours.

Furthermore, PEPE has hit a market cap of $10 billion with a new all-time high of $0.00002567. Will this recovery rally extend to a 78% gain, reaching $0.000042? Let’s take a closer look.

PEPE Price Analysis

On the daily chart, the price action indicates a breakout from a falling channel, signaling a strong recovery rally. The rally began at $0.000007718 and has now reached a new all-time high. Currently, PEPE is up 204% and is trading at $0.00002365.

The bull run has surpassed the previous all-time high and the 1.272 Fibonacci extension level at $0.00002145. Notably, the rally has been marked by nine consecutive bullish candles over the past ten days.

PEPE Price Chart
PEPE Price Chart

The surge in bullish momentum has led to a golden crossover between the 200-day and 50-day simple moving averages (SMA). Additionally, the 100-day SMA is showing signs of a bullish reversal, potentially crossing above the 200-day SMA soon.

The MACD and signal lines have also surged, supported by a rise in positive histograms, signaling a strong buy signal for PEPE.

Coinbase, Robinhood, and Upbit List PEPE

The recent surge in PEPE’s price has been significantly influenced by its listings on major exchanges such as Coinbase, Robinhood, and Upbit, South Korea’s largest centralized crypto exchange. 

These listings have substantially increased the meme coin’s demand and trading volume. PEPE’s 24-hour trading volume has reached $20.67 billion, surpassing its market capitalization of $10 billion, resulting in a volume-to-market cap ratio of approximately 2. 

Given this, the current PEPE rally can be seen as “speculative,” with the high trading volume and elevated market cap suggesting that price movements may be driven by hype.

Whale Holds 1.5B PEPE, Sees $33M in Profits

A giant whale has recently booked profit as the bullish rally in PEPE gains momentum. The whale had bought 2.01 trillion PEPE tokens using 1.17K ETH tokens worth $2.12 million. 

With this $2 million investment, the whale has earned an estimated $43 million in profits, representing a 20% return. Recently, the whale deposited 500 billion PEPE tokens (worth $11.73 million) onto Coinbase while still holding onto 1.48 trillion PEPE tokens valued at $33.2 million.

As the rally continues, especially following PEPE’s listings on major exchanges, the whale is likely to hold onto its position.

PEPE Price Targets

Based on Fibonacci levels, the recent breakout above the 1.272 extension level suggests the next key target is the 1.618 level, which is priced at $0.000029528.

If the broader market continues its bullish momentum, PEPE could potentially reach the $0.000042 level, representing a 78% price increase from its current market value.

However, a potential retest of the $0.000021 level or the psychological support at $0.000020 could occur if bullish momentum begins to wane.

Shiba Inu Lead Blasts Critics for Saying SHIB Doesn’t Deliver

Lele Jima
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Shiba Inu Lead Blasts Critics for Saying SHIB Doesn’t Deliver

Shytoshi Kusama, the enigmatic Shiba Inu lead, lashes out at a media outlet for undermining SHIB’s achievement. 

In a tweet yesterday, crypto-focused media outlet ‘Corleone Alpha News’ shared its analysis of the memecoin market, offering an opinion on the top meme-based assets, including Shiba Inu (SHIB) and Dogecoin (DOGE). 

Notably, Corleone suggested that Dogecoin feels old, Floki (FLOKI) lacks excitement, Bonk (BONK) is outdated, and Pepe (PEPE) is expensive. However, the media outlet argued that Shiba Inu does not deliver. 

This commentary suggested that Shiba Inu failed to deliver gains to investors or meet the expectations of its community. 

Kusama Reacts 

As expected, the assessment infuriated Shiba Inu community members, who took to the comment section to express disbelief. Notably, Kusama gave a similar reaction and called for the sack of Corleone’s content strategist. 

His commentary indicates that the assessment, particularly for SHIB, was poorly researched. 

Shiba Inu to Launch SHIB Education Campaign 

Before now, Kusama believed many people were overlooking Shiba Inu’s potential and tying its success to the memecoin hype. He recently refuted this claim, emphasizing that innovative thinking and technology drive Shiba Inu’s success. 

Interestingly, he proposed a campaign to educate the crypto community about Shiba Inu’s potential in an upcoming podcast.

Shiba Inu Milestones 

Although Shiba Inu started as a memecoin in its early days, it has proven that it can stand side-by-side with other utility crypto projects.

The team behind the Shiba Inu ecosystem has launched multiple projects, ranging from a Layer-2 blockchain to a decentralized exchange. Shiba Inu also delivered massive profit to early investors, surging 153 million percent to an ATH of $0.00008616 in 2021. 

Even though SHIB has yet to replicate this performance, the token recently registered huge gains. Earlier this week, Shiba Inu surged to a seven-month high of $0.00003031 but slumped afterward due to a broader market correction. 

Despite this retracement, Shiba Inu is currently up 196.7% in the past year, 39.5% in one month, and 5.96% over the last 24 hours. At press time, SHIB is trading at $0.00002560, with a daily volume of $3.41 billion.

Economist Says Massive XRP Surge Similar to Dogecoin Price Explosion Is Coming

Abdulkarim Abdulwahab
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Economist Says Massive XRP Surge Similar to Dogecoin Price Explosion Is Coming

Crypto analyst and economist Mikybull has asserted that a massive surge for XRP, similar to the recent rise of Dogecoin (DOGE), is underway.

Mikybull shared this optimism in a tweet on Monday. At the time, XRP’s price action was relatively stagnant, while Dogecoin made waves in the crypto market with its impressive price rally.

For context, on November 3, Dogecoin sold at $0.1428, but nine days later, it had surged 205.25%, reaching $0.4359.

Notably, Dogecoin hadn’t traded above $0.4 since June 2021. In less than two weeks, The meme coin added over $43 billion to its market cap, surpassing USDC stablecoin and XRP in market rankings.

With XRP seeing a less comparable surge, the gap between Dogecoin and XRP widened as the meme coin’s bull run continued.

Despite XRP’s underperformance during Dogecoin’s surge, Mikybull expressed optimism about XRP’s potential.

XRP Projected Price if It Rallies Like Dogecoin

He argued that XRP is setting the stage for a major rally, similar to Dogecoin’s recent rise, with a price target of $2 by the end of 2024.

At the time of the forecast, XRP was trading around $0.5925. Remarkably, it has since surged by 24%, reaching $0.7354. This marked its highest price in eight months.

However, the seventh-largest crypto asset faced resistance that has prevented it from reclaiming the $0.74 level, the yearly high it set earlier in March. As of now, XRP is trading at $0.674.

Market watchers are hopeful that, based on recent price action, XRP could soon break through the three-year resistance level of $1, possibly as early as Friday.

In a follow-up update on XRP’s price action, Mikybull reiterated his bullish outlook, stating that XRP is primed for a “giga send.”

He pointed to the breakout from the downtrend on the RSI as a key sign of strength. Mikybull reiterated that the recent movement only strengthens his conviction that XRP is set to rally in a manner similar to Dogecoin.

XRP Enthusiasts Push for Higher Price Target

While Mikybull’s $2 end-of-year target has garnered attention, some XRP enthusiasts are more ambitious. One such enthusiast, Gauda, argued that if XRP rallies like Dogecoin, it could soar to $20 rather than just $2.

Gauda pointed out that $2 would still be well below XRP’s previous all-time high, urging Mikybull to adopt a more optimistic outlook.

PEPE Can Surge 858% to Mirror Shiba Inu 2021 Explosion After Coinbase Listing: Pundit

Sam Wisdom Raphael
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PEPE Can Surge 858% to Mirror Shiba Inu 2021 Explosion After Coinbase Listing: Pundit

Max, the founder and CEO of media firm BecauseBitcoin, recently compared PEPE price action to Shiba Inu movements in 2021 after its Coinbase listing.

He suggests that Pepe (PEPE) could be setting the groundwork for a massive rally, much like the remarkable rise of Shiba Inu (SHIB) following the Coinbase listing in 2021. The market pundit sees a potential gain of over 850% for PEPE this year.

Pepe Rallies on Coinbase and Robinhood Listings

Notably, Pepe has captured the market’s attention since yesterday, when it secured listings on major U.S. trading platforms, Coinbase and Robinhood. These listings have led to a spike in trading volume, with PEPE’s daily volume increasing by 228% to $20.62 billion in the past 24 hours. 

This large volume accounts for about 5.45% of the total crypto trading activity, making PEPE the sixth most traded cryptocurrency in terms of volume. The heightened interest has driven PEPE to reach new all-time highs over the past 24 hours, with the coin’s price climbing by 186% since Nov. 4.

Following the listings, PEPE surged to a record price of $0.00002596 before pulling back slightly to the $0.00002344 range. Despite the rapid price increase, Max believes this rally is far from over. 

A Projected 858% Spike

He expects PEPE to continue its upward momentum, mirroring the trajectory taken by SHIB in late 2021. For context, in 2021, following its Coinbase listing, SHIB rose by an impressive 864% within a 23-day period, eventually peaking at $0.00008845 in October 2021.

Pepe and Shiba Inu Charts Max
Pepe and Shiba Inu Charts | Max

This rapid increase drew widespread attention, sending Shiba Inu into the ranks of top cryptocurrencies by market cap. Max suggests that PEPE is in a similar position now, setting the stage for a comparable rally as interest and trading volume grow.

According to his latest analysis, PEPE could potentially rise by 858% from its current price to reach a target of $0.00019 over the next 58 days. If PEPE achieves this price, its market capitalization will skyrocket to around $80 billion.

Such a valuation would surpass the current market caps of the leading meme coins Dogecoin ($57.3 billion) and Shiba Inu ($15.04 billion). With its valuation now at $9.48 billion, The Crypto Basic confirmed today that PEPE is already closing the gap between its market cap and Shiba Inu’s.

Pepe Expected to Claim $50B Market Cap

Meanwhile, in a previous disclosure, Max explained that he believes PEPE is capable of reaching a $50 billion market cap—a milestone previously achieved by Shiba Inu and Dogecoin during their peaks in 2021. 

Both SHIB and DOGE surged to $50 billion market caps amid intense speculative interest during the 2021 bull run but eventually declined from those highs. While Dogecoin has now reclaimed this level, Shiba Inu is still far from it.

Interestingly, Max sees PEPE following a similar pattern to the 2021 upsurges from SHIB and DOGE, with a swift rise in value, potentially reaching an all-time high before facing a pullback. The surge in trading volume supports this bullish outlook.

XRP Rejected at $0.75 for the Third Time in 12 Months

Abdulkarim Abdulwahab
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XRP Rejected at $0.75 for the Third Time in 12 Months

XRP has encountered opposition at the $0.75 level for the third time in one year, failing to surpass this price point on each attempt.

The most recent rejection occurred yesterday, November 13, when XRP staged a notable rally back into the $0.70 range for the second time this week. During this rally, XRP peaked at $0.7480 after rebounding 16.4% from an intraday dip that had taken it to $0.6426.

Notably, the rebound coincided with Bitcoin’s new peak at $93,500 on Wednesday night. Despite the momentum from Bitcoin’s upswing, XRP was still unable to break through the $0.75 resistance level. However, it did set a new yearly high, surpassing the previous record from March.

At press time, XRP has retained most of its gains despite a broader market pullback led by Bitcoin, trading at approximately $0.6966.

Previous XRP Attempts at $0.75

Before this latest attempt, XRP had made several efforts to break through the $0.75 resistance earlier this year. In the first quarter, the crypto market was experiencing a bull market frenzy, with Bitcoin initially peaking at $73,500.

Though XRP lagged behind initially, it later staged a strong rally that saw its price rise from the $0.50 region to $0.70. However, it lost momentum at $0.7441 on March 13.

Earlier still, XRP also attempted to surpass the $0.75 level in the fourth quarter of 2023, when the ongoing bull season officially peaked momentum. On November 13, 2023, XRP encountered resistance again at $0.7404, unable to push further.

Interestingly, data from the Binance market shows that XRP actually touched $0.7500 on November 13, 2023, but retraced almost immediately, closing the day at $0.6702.

Crypto analyst Dusty BC highlighted the latest rejection in a post on X. One market observer noted that this rejection was likely due to the broader market pullback. Notably, Bitcoin revisited the $88K range after briefly touching $93K, suggesting the resistance wasn’t entirely due to XRP itself.

Promising Path Ahead of $0.75 Resistance

Meanwhile, analyst Dusty noted that once XRP overcomes the stubborn resistance at $0.75, the path to $1 becomes much more promising.

Another analyst who shares Dusty’s optimism pointed out that XRP could face additional resistance in the $0.90 range, where it peaked in July 2023. However, if XRP manages to break through this level, it could generate stronger momentum, potentially propelling its price far beyond $1.

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