Ripple's XRP has experienced a 5% weekly decline, currently trading between $2.70 and $2.90, which represents a 22% drop from its July all-time high of $3.65. Despite this, analysts remain optimistic about its potential for new peaks. Crypto Tony suggests a resurgence if XRP closes above $2.90, while FOUR | Crypto Spaces targets $5.06. John Squire controversially predicted a rise to $134.50, calling current selling 'selling ice before summer.' CRYPTOWZRD drew parallels to XRP's 2017 consolidation before a parabolic rally.
Whale activity has been notable, with large investors accumulating 340 million XRP (worth nearly $1 billion) over two weeks, reducing market supply. However, exchange balances on Binance have reached a record 3.55 billion coins, indicating potential sell pressure.
Bitcoin (BTC) is trading around $112,000, below its ATH of $124,000. Analysts like Merlijn The Trader identify an 'inverse head and shoulders' pattern, predicting a rally to $150,000. Captain Faibik expects momentum post-NFP report, though CRYPTO₿IRB warns the bull market may end in under two months based on historical halving cycles.
Shiba Inu (SHIB) is down 50% year-to-date but saw a 200,000% burn rate spike this week, reducing supply. Analysts like Mark.eth and CryptoELITES foresee potential rallies, with targets up to $0.00023 (a 17x increase). However, weak Shibarium activity and rising exchange inflows suggest short-term downside risks.