Bitcoin & Altcoin Price Trends: What’s Next for XRP, ETH, SOL, and JUP?
- As February approaches, experts are awaiting a change in market direction.
- Apart from altcoins, Bitcoin is also battling to break above a crucial resistance.
- An analyst has listed several altcoins that could soon bounce back.
Bitcoin and altcoins are currently in the red, reflecting an uncertain market mood. The big question now is whether Bitcoin and the broader crypto market can quickly recover.
After Monday’s sell-off, Bitcoin showed signs of recovery, and the key focus is whether it can test its previous highs, a trend that could also apply to altcoins.
Historically, February has been a strong month for crypto, with many cycles seeing double-digit gains. Other factors, like FOMC expectations, will also play a role in shaping the market this week. The Trading Parrot discussed what’s next for XRP, SOL, JUP and ETH.
XRP Price Targets
XRP, after facing strong resistance at $2, managed to break out and hit the target of $3.30, leaving many in the XRP Army optimistic. The next target for XRP could be around $4.40, but market volatility and competition for liquidity could make this a challenge.
Currently, XRP is trying to bre…
The post Bitcoin & Altcoin Price Trends: What’s Next for XRP, ETH, SOL, and JUP? appeared first on Coin Edition.
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Bitcoin & Altcoin Price Trends: What’s Next for XRP, ETH, SOL, and JUP?
- As February approaches, experts are awaiting a change in market direction.
- Apart from altcoins, Bitcoin is also battling to break above a crucial resistance.
- An analyst has listed several altcoins that could soon bounce back.
Bitcoin and altcoins are currently in the red, reflecting an uncertain market mood. The big question now is whether Bitcoin and the broader crypto market can quickly recover.
After Monday’s sell-off, Bitcoin showed signs of recovery, and the key focus is whether it can test its previous highs, a trend that could also apply to altcoins.
Historically, February has been a strong month for crypto, with many cycles seeing double-digit gains. Other factors, like FOMC expectations, will also play a role in shaping the market this week. The Trading Parrot discussed what’s next for XRP, SOL, JUP and ETH.
XRP Price Targets
XRP, after facing strong resistance at $2, managed to break out and hit the target of $3.30, leaving many in the XRP Army optimistic. The next target for XRP could be around $4.40, but market volatility and competition for liquidity could make this a challenge.
Currently, XRP is trying to bre…
The post Bitcoin & Altcoin Price Trends: What’s Next for XRP, ETH, SOL, and JUP? appeared first on Coin Edition.
Read More