A crypto analyst has shared an XRP price chart, hinting at a potential breakout above $10 if the prominent altcoin can replicate a past fractal. The analyst urges the XRP community to monitor this fractal closely, highlighting the need to monitor price movements in the coming weeks.  XRP Price Eyes $16 As Analyst Spots Bullish Fractal An XRP supporter on X (formerly Twitter), known as ‘LUDXRP,’ has released a detailed chart analysis, predicting that the XRP price could climb to an ambitious price target of $16.15. The analyst mentioned the presence of a historic fractal on the XRP chart. Related Reading: Dogecoin Price On Its Way To $1: Why A Retest Of $0.48 Is More Important Than Anything The fractal pattern, indicated by the blue circle in the chart, highlights a significant upward movement in the XRP price. Following the movements of the chart, if XRP can replicate this fractal, it could trigger a significant price rally toward $16.15.  Multiple green horizontal lines have also been shown in the chart, spotlighting different resistance and support zones that could trigger a reaction in the XRP price. With XRP trading at $2.42, the horizontal trend lines above its current price are seen as crucial resistance levels.  The analyst highlighted intermediate price levels like $2.8, $4.1, $7.6, and $12.7 as crucial resistance levels, which XRP must surpass before reaching the ambitious target of $16.15. Additionally, the chart identifies $2 as a potential support level, warning that if the price drops below this mark, it could lead to a possible price dip to $1. With the possibility of breaking above $16, the XRP supporter has urged community members to monitor the fractal on the price chart closely. He emphasized the importance of XRP maintaining an upward trend within the blue circle, which could trigger his projected price increase toward $16.    XRP To See “Face Melting” Rally This Christmas A crypto analyst identified as the ‘Charting Guy’ on X has expressed optimism about XRP’s future price outlook. According to the analyst, XRP could experience a ” face-melting “ rally to new highs by Christmas and in late January.   Related Reading: Shiba Inu Price Rebounds Toward $0.00003, Taking 69% Of All Holders Back Into The Green The analyst has stated that if XRP continues to follow past bullish trends seen in 2017, the market will likely consolidate for another two weeks until Christmas. He disclosed that this bullish projection was primarily based on XRP’s fractal rather than relying on Fibonacci levels. In response to a comment from a crypto community member, the Charting guy agreed that by December 30, XRP would experience a series of strong green weeks, potentially driven either by the Christmas hype or the bullish sentiment surrounding the RLUSD stablecoin.  The analyst also agreed that January 20, the inauguration day of Donald Trump as the United States (US) President, could mark the XRP price top, which the market would likely consider a “sell the news event.” Featured image created with Dall.E, chart from Tradingview.com

The Shiba Inu price has rebounded towards $0.00003, which has put most of the SHIB holders back in the green. This is significant, considering how it could set Shiba Inu on a path to higher prices.  Most SHIB Holders In The Green As Shiba Inu Price Rebounds IntoTheBlock data shows that most SHIB holders are in the green as the Shiba Inu price rebounds towards $0.00003. 69% of these SHIB holders are now in the money, while 24% are out of the money, and 6% are currently in the money. This could be bullish for the Shiba Inu price, considering that holders are less likely to sell when they are in the money.  Related Reading: XRP Price Prediction: Last Phase Of ABC Wave Points To A Bounce To New ATH At $5.85 This could reduce the selling pressure on SHIB and sustain the Shiba Inu price recovery. The meme coin has recovered towards $0.00003. The ‘In the Money’ metric shows that the next significant resistance level that Shiba Inu needs to break above is $0.000033. 130,620 wallet addresses bought 15.06 trillion SHIB tokens around this level.  However, on-chain metrics still paint a bearish picture for Shiba Inu, which is undoubtedly concerning. IntoTheBlock data shows that the ‘Concentration’ metric is in the red, indicating that SHIB whales currently have a bearish sentiment towards the meme coin and are opting against accumulating more coins.  This large transaction metric is also bearish at the moment as Shiba Inu whales are opting against accumulating more coins. The net network growth also paints a bearish picture for the Shiba Inu price, as there is currently a low influx of new addresses buying the meme coin.  The Shiba Inu burn rate has also remained inconsistent, further presenting a bearish outlook for the Shiba Inu price. Shibburn data shows that the burn rate is down over 79% in the last 24 hours, with three million coins burned during this period.  From A Technical Analysis Perspective  Crypto analyst Javon Marks has provided a bullish outlook for Shiba Inu from a technical analysis perspective. In an X post, he stated that Shiba Inu recently confirmed another bullish pattern, which could lead to a continuation of its upward trend. The analyst added that another major upside move could be in play for SHIB, with the meme coin possibly rallying to $0.00081 or even higher.  Related Reading: Weekly Bull Flag Appears On XRP Price Chart, Why A Double-Digit Is Still Feasible The crypto analyst further mentioned that with this target at $0.000081, the Shiba Inu price could witness a 180% climb and that this rally may already be in play. A rally to $0.000081 could pave the way for Shiba Inu to surpass its current all-time high (ATH) of $0.000088.  At the time of writing, the Shiba Inu price is trading at around $0.000029, up over 8% in the last 24 hours, according to data from CoinMarketCap.  Featured image created with Dall.E, chart from Tradingview.com

POPCAT has reignited excitement in the market as buyers stepped in at the crucial $1 support level, halting the recent pullback and fueling hopes for a renewed rally. This strategic rebound underscores the token’s resilience and growing bullish momentum, setting the stage for a potential climb toward new heights.  With market sentiment shifting and technical indicators flashing promising signals, the question arises: Can POPCAT sustain this upward push and reach fresh milestones? Let’s dive into the technical indicators and market dynamics driving this pivotal moment. Technical Indicators Signal Strength: A Closer Look At POPCAT Chart The 4-hour Relative Strength Index (RSI) shows a resurgence of upside strength as the RSI signal line has successfully climbed out of the oversold zone. This recovery suggests a shift in market sentiment, with buyers gradually regaining control. Currently advancing toward the 50% mark, this movement reflects increasing optimism in the market. Should the RSI breach this midpoint, it could signal the strength of the upward momentum, setting the stage for POPCAT to rally toward key resistance levels and solidify its recovery trajectory. Related Reading: POPCAT Nears Breakout Towards New ATH, But Analysts Warn Of Possible Correction Also, a closer examination of the 1-day RSI shows a noticeable reversal, as the RSI signal line is now rising toward the 50% threshold after recently dropping to 40%. Significantly, this shift also implies that selling pressure may be subsiding, with buyers starting to regain control. As the RSI indicator moves into neutral territory, the market could be poised for a trend change. If the RSI continues to climb, this could signal a strengthening bullish trend, offering POPCAT an opportunity to build momentum and challenge higher price levels. Critical Resistance Levels In Focus For New Heights As the meme coin rebounds from key support levels, the focus now shifts to the critical resistance levels that could determine its next move. POPCAT at the $1 mark has proven to be a strong foundation, but the token must overcome key resistance zones for it to reach new heights Related Reading: Solana Memecoin Market Thrives: POPCAT Reaches New Record Price Of $1.75 With technical indicators demonstrating increasing bullish momentum, POPCAT’s price is now approaching the 100-day Simple Moving Average (SMA). A move above this key indicator could spark a rally toward the $1.5 resistance level. If POPCAT successfully breaks through this resistance, it could set the stage for an extended price surge, potentially propelling the token to even higher targets. Traders will be watching closely to see if these critical levels can be surpassed, paving the way for continued upside. However, should POPCAT fail to break above the 100-day SMA, it may experience a decline, possibly heading back toward the $1 mark. A drop below this key support level could trigger a bearish continuation, with the price likely to drop to the $0.8 support level and other ranges. Featured image from Medium, chart from Tradingview.com