Altcoins News

Story: XRP Looks “Disgustingly Good”: Analyst Predicts Imminent All-Time Highs

By Sakamoto Nashi

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Analyst: XRP Set to Break Out Soon. Pentoshi believes that XRP has held up “very well for the past several months,” even amid a…

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Regulatory Tailwinds Strengthen XRP’s Case. According to Pentoshi, XRP’s bullish momentum is being reinforced by recent developments around…

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Altcoin Market Rotation Underway. In addition to XRP’s bullish setup, Pentoshi believes the broader altcoin market is poised for a…

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XRP Price Outlook: Poised for Price Discovery. As of July 13, XRP is trading near $0.94, up over 24% year-to-date, according to CoinGecko.

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XRP vs BTC: Strength Signals Risk-On Sentiment. Notably, XRP’s performance against Bitcoin (BTC) is also drawing attention.

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Conclusion: XRP’s Bullish Setup Could Be Just the Beginning. With a combination of favorable technical indicators, upcoming regulatory milestones, and…

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A prominent crypto analyst is forecasting that XRP could soon break into new all-time high territory, driven by bullish technical patterns and growing regulatory tailwinds.

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Pseudonymous market analyst Pentoshi, known for accurate altcoin predictions, has told his over 870,000 followers on X (formerly Twitter) that XRP’s chart “looks disgustingly…

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“XRP looks disgustingly good even on the BTC pair,” said Pentoshi, highlighting its strength relative to Bitcoin.

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While the analyst suggests a brief consolidation may take place first, he sees XRP as one of the few altcoins with strong bullish momentum, supported by both technical setups and…

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According to Pentoshi, XRP’s bullish momentum is being reinforced by recent developments around Ripple, the company closely associated with XRP.

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Ripple is actively pursuing a banking license, a move that could significantly expand the adoption of XRP in cross-border payment networks.

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“Also one with quite a few tailwinds,” Pentoshi noted, suggesting that XRP is well-positioned to benefit from the evolving crypto regulatory landscape.

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Ripple’s legal clarity, following its partial victory over the U.S. Securities and Exchange Commission (SEC) in 2023, has already set XRP apart from other altcoins.

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“Mostly been in large caps. So far, they’ve done very, very well,” he said. “Will probably look out for a few mid-caps this week.”

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