Stellar (XLM) has been consolidating since late November 2024, leading to several lower highs and suggesting profit-taking. However, between December 9 and January 11, the price action formed an inverse head-and-shoulders setup. This pattern forecasts that XLM could rally shortly.

Stellar (XLM)’s Bullish Pattern Signals Price Could Shoot 30%

The four-hour chart shows that Stellar set up three distinctive swing lows in the past two months, leading to an inverse head-and-shoulders pattern. This technical setup signals a reversal of the downtrend and forecasts a 31% move to $0.612. The target is obtained by measuring the head’s depth of 31% and adding it to the neckline at $0.466.

Overall, the outlook for XLM looks bullish as it overcame the $0.414 resistance level and flipped it into a support floor. This bullish development foreshadows the setup’s breakout rally.

For now, XLM should climb 10% to retest the neckline. Only overcoming this hurdle will confirm a breakout from the inverse head-and-shoulders setup, triggering the 31% move to $0.612.

With Bitcoin forming a potential bottom around $90K to $91K, the chances that altcoins kickstart a rally next week are high.

Is Bitcon Bottom In? Most likely.

January 9's swing low ($91,151) could be the bottom. If not, then a sweep of $90,835 with a bullish swing failure pattern could suggest that a bottom is imminent.
https://t.co/H2Spj0mvEM pic.twitter.com/ohZ0zmlIsB

— MAXPAIN (@Mangyek0) January 10, 2025

Therefore, investors need to focus on tokens that are showing strength. Stellar and Ripple are two such cryptocurrencies that could trigger volatile moves. Let’s explore how Ripple’s upcoming breakout could help Stellar’s XLM.

XLM Follows Ripple (XRP)’s Footsteps

Since Stellar (XLM) is a direct competitor to Ripple (XRP), the price action is often similar, ie., if XRP rallies, XLM will follow suit. Considering that Ripple is close to a breakout from a symmetrical triangle, it is highly likely that Stellar will also follow its footsteps.

Recent coinpress articles forecast that XRP price could hit $4 after breaking out from its ongoing consolidation.

• From a conservative standpoint, XLM can gain at least 30% if Ripple can shoot up 100%.
• However, if Stellar has momentum, then it could also double form the current level and hit roughly $0.80.
• In a highly bullish case, XLM price could reach $1.

To conclude, the XLM’s outlook looks bullish with price on track to hit $0.612 after a 30% rally. In some cases, the coin could far surpass the forecasted targets and potentially hit the $1 psychological level.

The post Stellar (XLM) Price Analysis For January 11 appeared first on coinpress.

Bitcoin (BTC) remains bullish on the longer time frames, but retail investors are panic selling after a crash below $100K again. Institutions remain vigilant as always, accumulating nearly $100 billion worth of BTC in 2024. Why? Let’s explore.

Institutional Buying Spree Snaps Up Nearly $100 Billion BTC

Institutions have been aggressively buying Bitcoin since the ETF approval. According to data platform Arkham Intelligence, BlackRock, MicroStrategy, and Fidelity have collectively purchased ~$100B worth of BTC. 

Specifically, BlackRock, the world’s largest asset manager, alone bought $50B, while MicroStrategy, a software giant, managed to accumulate $24B worth of BTC. Fidelity stands on the low end after acquiring BTC worth $20B. This significant buying pressure, even with OTC deals, could impact BTC’s price in the ongoing bull run.

BLACKROCK BOUGHT $50 BILLION BTC IN 2024
MICROSTRATEGY BOUGHT $24 BILLION BTC
FIDELITY BOUGHT $20 BILLION BTC

Zoom out. pic.twitter.com/d2oyqtCM2z

— Arkham (@arkham) January 10, 2025

Long-Term BTC Holders’ Distribution Nears End

Glassnode data shows that long-term holders were distributing their BTC, even at prices 12% below the all-time high. However, the 30-day percent change in long-term holder supply suggests that the distribution rate has likely peaked, aka coming to an end. This development indicates that long-term holders are likely done selling

Historically, when long-term holders finish distributing their coins, the price of BTC tends to reverse the downtrend and kickstart a rally. 

LTH Long/Short-Term Holder Supply Ratio

Retail Capitulation Reaches Peak

CryptoQuant’s data on retail investors’ demand change shows peak capitulation from short-term holders. This indicator tracks retail investor volume, ranging from $0 to $10K. This indicator hit –22%, and history shows that such a steep decline in retail demand often indicates retail capitulation, which is where markets tend to bottom. 

Why Are Retail Investors Panicking?

Generally, retail investors are inexperienced and lack patience. Moreover, these investors are trying to hit it big, which often leads to them going all in with high leverage making them more susceptible to noise and short-term price movements. Hence, the recent drop in Bitcoin price below $100K has caused panic and capitulation.

Often, long-term or smart investors buy from the panic-selling retail. This wealth transfer is often followed by a massive rally, leaving unsuspecting retail investors poorer than when they decided to invest.

Regardless of this capitulation, the outlook of Bitcoin looks massively bullish, but a majority of retail investors are always caught on the wrong side. These signs often signal and allow smart traders to position themselves before a massive rally kickstarts.

What’s Next for BTC Price in 2025?

Here’s a crypto analyst’s take on why Bitcoin price could be forming a bottom around $90K to $91K, signaling the next leg of bull run.

Is Bitcon Bottom In? Most likely.

January 9's swing low ($91,151) could be the bottom. If not, then a sweep of $90,835 with a bullish swing failure pattern could suggest that a bottom is imminent.
https://t.co/H2Spj0mvEM pic.twitter.com/ohZ0zmlIsB

— MAXPAIN (@Mangyek0) January 10, 2025

If this outlook is true, and Bitcoin is forming a bottom, it could be preparing to resume the uptrend and explore new highs. Here are some targets for this next phase as noted in our 2025’s bold Bitcoin price predictions, the cycle top could form anywhere between $150,00 to $250,000. 

“CMT Analyst Adrian Zduńczyk is a firm believer that Bitcoin will peak at around $225,000 this cycle and is expecting BTC to transition from optimism to a belief phase.”

Furthermore, several institutions and banks are also expecting a similar move from BTC in 2025. 

“Standard Chartered expects BTC price to hit a peak of $250,000 in 2025. Geoff Kendrick, the bank’s head of digital asset research, noted that spot Bitcoin ETF flows could hit $50 to $100 billion by 2026. Fundstrat Global Advisors’ Tom Lee also shares this outlook.”

Conclusion

The convergence of institutional buying, long-term holders finishing their distribution, and retail investors’ capitulation is a perfect storm, signaling a bottom and an impending significant Bitcoin price rally. As institutions continue to invest in BTC, the stage is set for a potential bull run, with some analysts predicting a cycle top between $150,000 and $250,000.

The post Institutions Buy $100 Billion BTC, But Retail Investors Panic, Why? appeared first on coinpress.

Aixbt (AIXBT) is an AI agent built on the Solana blockchain. that has its own X account, freedom and token has gained widespread popularity in crypto due to its niche and the ongoing AI-based trends. Although the altcoin crashed due to Bitcoin’s collapse, it AIXBT price triggered a 55% recovery rally. 

One of the key reasons for this is the CES 2025 event. In addition to this, NVIDIA CEO’s mention of AI agents and how they could reshape many industries caused this trend to ignite. Moreover, technicals also suggest AIXBT price has a long way to go despite the 55% rally witnessed on Friday.

NVIDIA CEO Restart AI Agent Hype During CES 2025

During the recent Consumer Electronic Show (CES) 2025, many Artificial Intelligence-based developments were showcased, sparking interest in AI agents. These agents are powered by AI and machine learning and are expected to accrue value that could surpass billions of US dollars. The technology also has the capacity to massively impact various sectors, including healthcare and finance. One of the main reasons that fueled this hype was Nvidia CEO Jensen Huang’s keynote on the AI agent topic during a CES 2025 keynote. His comments 

Google Trend search reveals that AI agent topic’s popularity or searches eclipse that of meme coins. This shows that the trend is pivoting toward these agents. 

As CES 2025 concludes, AI Agents have become a topic of interest. AIXBT, a popular crypto AI agent, shot up 55% in under 13% hours after Bitcoin’s crash to $91K. With more investors taking notice, the AI agent sector is likely to explode.

AIXBT Price Analysis Hints AI Token is Primed For Extended Recovery Rally

As seen in the one-hour chart, AIXBT’s price shot up 55% from the bottom of January 9 and set up a local top of around $0.598. This massive uptrend, coupled with volatility related to Nonfarm Payrolls, triggered a short-term 20% correction, leaving aixbt, a Solana-based token, to trade around $0.530.

It has produced four lower highs since December 31, indicating that despite this recent uptick, bears or profit-taking still dominate. However, with Bitcoin (BTC) showing signs of forming a potential bottom, top altcoins, including AIXBT price, could be setting the stage for an even bigger rally.

Strategic Support & Target Levels

Investors need to observe potential reverals around the $0.471 and $0.510 support levels. A bounce here could lead to a revisit of the December 31 highs of $0.670. Crypto traders can expect a breakout from here, leading to a new all-time high potentially around $1 before January 2025 ends.

The surge in AIXBT’s price is a testament to the growing interest in AI agents. With NVIDIA CEO Jensen Huang’s endorsement and the CES 2025 event sparking excitement, the AI agent sector is poised for massive growth. As Bitcoin’s price stabilizes, AIXBT’s potential for an extended recovery rally also surges.

The post Why This AI Agent Crypto AIXBT is Up 55% Today?  appeared first on coinpress.

Ethereum (ETH) has shed nearly 16% of its value this week due to Bitcoin’s (BTC) descent from $100K on Tuesday to a retest of $92K in the late New York session on Thursday. Despite this sudden collapse in BTC  & other altcoins, whales seem to be taking advantage of this volatility to accumulate 25,000 ETH. What’s next? A market bottom and a rally or collapse in ETH’s value? Let’s explore.

Ethereum Price Today: ETH is up No data found for ethereum on 2 days ago%

Ethereum (ETH) price today trades at No data found for ethereum on 2 days ago as of No data found for ethereum on 2 days ago. Although the token showed strength at the end of 2024, it has dropped nearly 16% since Monday this week. Whales and top holders took advantage of this crash and accumulated roughly 25,000 ETH. From a daily high of No data found for ethereum on 2 days ago ETH price is down No data found for ethereum on 2 days ago% on January 12.

Ethereum Price Chart Today

Ethereum price chart today shows a recovery from $3,220 to roughly $3,260

*Ethereum price updated as of No data found for ethereum on 2 days ago.

Ethereum Whales Accumulate 25,000 ETH After Recent Crypto Market Crash

Data from Santiment shows that the supply of ETH held on exchanges dropped from 10.67 million on January 7 to $10.42 million today. Roughly 25,000 tokens were transferred off centralized platforms, which shows confidence and hints that long-term holders are forecasting a price rally. Interestingly, The same chart also shows top holders’ (other than exchanges) balance increased by 25,000, which is a clear sign of accumulation by whales

Generally, investors with more than $100,000 in capital are considered high net worth or whales. If transactions worth more than $100K spike after a rally, it can be seen as these whales looking to book profits. Hence, often, a spike in whale transaction count after a rally can be viewed as a sell signal. However, an uptick in such transfers after major crashes often indicates accumulation from these investors and markets a bottom.

During the late Thursday crash, whale transactions worth more than $100K and $1 million saw a significant increase, further adding credence to our notion of an accumulation from smart investors.

Is The Bottom In Yet?

With such strong evidence of smart money accumulation, retail investors must prepare for a potential reversal. This recovery rally and resumption of the bull run will occur if Bitcoin bottoms. As noted, the January 9 swing low at $91,151 could be the bottom. If BTC slides lower, with a bullish swing failure pattern at $90,835, it could signal that a reversal is imminent.

Hence, Ethereum could also be close to forming a stable bottom that could kickstart a bull rally.

Is Bitcon Bottom In? Most likely.

January 9’s swing low ($91,151) could be the bottom. If not, then a sweep of $90,835 with a bullish swing failure pattern could suggest that a bottom is imminent.
https://t.co/H2Spj0mvEM pic.twitter.com/ohZ0zmlIsB

— MAXPAIN (@Mangyek0) January 10, 2025

Ethereum Price Analysis and Strategic Targets For January 2025

The daily chart shows an inverse head-and-shoulder setup forming on Ethereum. This setup hints at a bullish reversal and the end of a downtrend or consolidation. It contains three distinctive bottom formations, the central one lower than the other two, denoting the head. While the one on either side of the head is termed the shoulders. Hence, the namesake.

In this case, the technical formation forecasts a 44% rally to $5,825, obtained by adding the head’s depth to the breakout point at $4,000. However, investors can expect the bull run to resume if Bitcoin ends the ongoing downtrend by forming a bottom on January 9 or 10. In such a scenario, Ethereum could go beyond $5,825 and potentially tag the $6,000 psychological level before January 2025 ends.

Some key support levels include $3,278, $3,029, $3,000 and $2,739.

While the inverse head-and-shoulder setup is bullish, it needs to finish forming even before a breakout can be considered. Hence, some key resistance levels that Ethereum price needs to overcome are $3,600, $3,843, $4,000.

Ethereum price prediction notes some strategic levels for January 2025 for investors to book profits: $4,500, $5,000, $5,500, $5,825 and $6,000.

On the other hand, a breakdown of the $3,029 support levels will invalidate the inverse head-and-shoulder setup mentioned above. Such a development could knock ETH down to $2,800 and lower levels.

In conclusion, despite Ethereum’s recent 16% drop, whales have taken advantage of the volatility to accumulate 25,000 ETH. Strong evidence suggests smart money accumulation which retail investors need to pay attention to and look for a potential reversal. The target for Ethereum in January 2025 includes a local top formation at $5,825 or $6,000.

The post Ethereum Price Today: Whales Buy 25K ETH As Crypto Market Crashes appeared first on coinpress.

Ethereum (ETH) has faced much criticism from the crypto investor community due to its lackluster performance. Moreover, the Foundation has also received harsh comments from investors due to their consistent sale of ETH. Regardless, this price analysis takes a look at how much the altcoin will be worth in 2025.

Experts Predict Bottom Is In For Ethereum

According to popular crypto analyst SMFX, Ethereum has formed a “bottom.” This comment comes after a 20%  correction from December 16. He adds that a reversal could occur here that could propel ETH’s value token back to $3,450, which is his “first target.”

TrendSpider, another popular analyst, forecasts a similar reversal outlook. The recent X post notes $3,000 as a key support level that could trigger a bounce. The resistance level of $4,000 to $4,200 is the next target in this forecast.

How Much Will 1 ETH Be Worth in 2025?

The daily chart shows Ethereum is forming an inverse head-and-shoulder setup. This technical formation is bullish and forecasts a move to the upside. This setup contains three distinctive bottoms, resembling the head and shoulders, hence the namesake.

The target for this setup is obtained by measuring the head’s depth of 44% and adding it to the breakout point of $4,000. This theoretical forecasting method reveals a target of  $5,825. Investors can expect Ethereum to roughly retest the $6,000 psychological level.

If this forecast follows through, then Ethereum could hit a peak of $6,000 in 2025.

Other Ethereum Price Forecasts For 2025

However, this is not the only forecast for Ethereum. Many investors speculate a five-digit target of $10,000 that extends up to $15,000.

In a previous coinpress article, Elliot Wave analysis forecasted a target of $10,000 to $12,000.

Here are some Ethereum price predictions from some prominent investors.

• Fundstrat’s Tom Lee also forecasted a target range of $8,000 to $10,000.
• Standard Chartered’s Geoff Kendrick anticipates the altcoin reaching $12,000.
• Tim Draper is looking at $10,000 per coin.
• Finality Capital Partners’ David Grider provided a range, extending from $7,000 to $10,000.
• Benchmark Co. Stock Analyst Mark Palmer is slightly less optimistic and provides a $6,000 to $8,000 range.
• Adam Cochran: $8,000 to $12,000.
• Ryan Selkis: $5,000 to $7,000.
• CryptoKaleo: $15,000.
• TheCryptoOracle: $12,500.
• CryptoMaji: $10,500.

The average forecasted target for ETH in 2025 hovers around $10,909.

The post Ethereum Price Analysis: How Much Will ETH Be Worth in 2025? appeared first on coinpress.

Recent Bitcoin (BTC) crash below $100K triggered a massive sell-off for many altcoins, including XRP. However, Ripple stands tall despite reports of a $6.5 billion BTC sale by the US Department of Justice (DoJ). Hence, the outlook for XRP price looks great and is ready for a strong comeback.

3 Reasons For XRP’s Strong Comeback

After Bitcoin lost the $100K support level, XRP price dropped 6.15% but recovered 7.86% from the bottom, showing strength. Despite the initial selling pressure, unconfirmed reports suggest that the US DoJ is cleared to sell the seized Silkroad BTC worth $6.5 billion.

Despite the bearish news, Ripple remains as strong as ever and shows signs that it could trigger a massive come. Here are three reasons that support this bullish outlook for XRP.

Reason 1: Bullish Momentum Remains Strong 

Despite the recent crash and selling pressure, the token has remained almost undisturbed in trading at the same levels before Bitcoin collapsed below $100K. This resilience speaks to the bullish momentum and supports a volatile recovery to the upside should the bearish market conditions vanish.

Reason 2: Major Banks to Use XRP on a Day-to-day Basis

As noted in a previous coinpress article, Japan’s banks are also rumored to start using XRP.

“Next week, every bank in Japan is set to integrate Ripple’s XRP Ledger, marking a significant development in financial technology. This announcement comes from SBI CEO Yoshitaka Kitao, highlighting the transformative potential of Ripple’s hybrid remittance system.”

In addition to Japan’s SBI, David Stryzewski claims that Bank of America has “integrated XRP for 100% of their internal transaction.”

Reason 3: Bull Flag Hints $15 Target

Since December 3, Ripple price has been hovering inside a bull flag continuation pattern. This setup forecasts that the trend will continue. In this case, the target is $15. The short-term correction caused by BTC’s collapse has not caused a dent in this bullish pattern, further enforcing the strength displayed by Ripple.

In conclusion, despite Bitcoin’s collapse below $100K and the potential sale of $6.5 billion worth of BTC by the US DoJ, XRP’s resilience and strength are undeniable. With strong bullish momentum and major banks poised to adopt XRP, the outlook seems optimistic. Additionally, technicals also reveal a bull flag pattern that forecasts a $15 target. These reasons are why Ripple is primed for a massive comeback despite the market’s bearish outlooks.

The post 3 Reasons Why XRP Price Set for Comeback Amid DOJ’s $6.5B BTC Sale appeared first on coinpress.

After hitting a local top of $102,702 on Tuesday, Bitcoin (BTC) crashed 5.16% in a single day. The sell-off continued into Wednesday, with BTC shedding an additional -2.21%, sending shockwaves across the crypto market. As of today, Bitcoin is trading at $94,972.0, marking its first significant crash in 2025.

This sudden downturn has left investors questioning whether this is the start of a steep correction or if BTC could recover quickly. What’s next for BTC price in January 2025? Let’s explore.

Bitcoin Price Today: Explaining BTC’s First Crash of 2025

Here are four reasons why Bitcoin crashed on January 7.

1. According to VeloData, Bitcoin’s Open Interest slumped by nearly $1B from January 6, 16:00 UTC, to January 7, 09:00 UTC, while the price moved sideways. This divergence denotes that investors were closing positions.
2. After clearing the $100K hurdle and ending its 11-day consolidation, Bitcoin entered a sell-side imbalance, extending from roughly $102K to $105K. 
3. With a spike in the US 10-year treasury yields, investors are concerned about stagflation amid the macroeconomic outlook.
4. Despite revisiting the $100K psychological level, BTC did not set up a higher high to flip the market structure bullish. Hence, profit-taking and bearish sentiment could be the fourth reason why Bitcoin collapsed.

After understanding why Bitcoin crashed, let’s look at key support levels and targets that could be achieved in January 2025.

Strategic Price Targets For January 2025?

The key support levels include the CME Gap, extending from $94,970 to $94,495, the value area low of $93,299, $92,266, and $90,835. Investors need to watch out for reversal signs at these levels. 

A move into any of these levels could provide an opportunity to accumulate. A bounce here should be a high-probability scenario and could push Bitcoin to revisit $100K and deep into the sell-side imbalance’s upper limit of $105K. Before the end of January 2025, traders can expect a correction to $90K, followed by a bullish retest of $105K.

From a long-term perspective, Bitcoin price prediction hints next ATH could be at the 161.8% Fibonacci level at $118,467.4.

Trump’s Inauguration Could Catalyze Rally

Donald Trump’s victory in the 2024 US Presidential Elections caused a spike in volatility and bullish momentum that pushed both cryptos and US equities higher. Hence, the upcoming inauguration of President-elect Donald Trump on January 20 could propel Bitcoin higher. Investors need to be patient until this event, as there might be consolidation or rangebound movement until then.

The post Bitcoin Price Today: Will BTC Recover After 2025’s First Crash? appeared first on coinpress.

Cardano’s ADA crashed 9.64% on Tuesday as Bitcoin plummeted below $100K. This sell-off was not localized to BTC or ADA and has caused millions of dollars worth of positions to be liquidated. The price is struggling to retain around the $1 psychological level without any major impact to the bullish market structure.

Cardano hovers inside the $0.874 to $1.327 range, and the recent ascent failed to move past the range’s midpoint at $1.100. While the recent crypto market drop was brutal, even if ADA drops another 10% to 12%, its market structure will remain bullish, unlike other altcoins like XRP or SOL. We’re waiting for a flip of the range’s midpoint, which could happen as soon as Bitcoin pauses its descent.

The recent consolidation that began after the December 3 peak of $1.326 could likely be hinting at an end after the early January rally. While the recovery may take some time, investors must note that the altcoin looks bullish and ready to shoot higher.

Cardano’s Key Support Levels to Watch 

The key support levels that crypto traders need to focus include $0.874, $0.819, $0.741, $0.659 and $0.594. Ideally, ADA price should form a potential bottom around $0.874, but the other levels could also serve as stable support that could catalyze reversal. While these barriers might support a downtre, only a decisive breakout above critical levels will confirm ADA’s bullish movement.

Breakout Signs and Future Market Outlook 

As noted earlier, a decisive daily candlestick close above the 50% Fibonacci level at $1.100 would signal the end of the correction. This move would also kickstart a move ot the upside move. ADA has a history of reacting to key levels, leading to volatile breakouts ot the upside. Hence investors must keep their eyes peeled for reversal and breakout signs.

ADA Holders Need to Exercise Patience

Cardano shot up 306% between November 5 and December 3 and is now retracing, trying to find its ground.As a result, the ongoing month-long consolidation could be coming to an end. Hence, investors need to exercise patience during this accumulation phase. This outlook signals that the ADA is in the final phase, ready for upward movement that could be triggered by an external news, event or a swift flush below key levels.

The post Cardano (ADA) Price Prediction For January 8 appeared first on coinpress.

On January 8, Ripple CEO Brad Garlinghouse revealed his meeting with President-elect Donald Trump for dinner at Mar-a-Lago. Let’s discuss how this meeting impacts XRP price and price prediction for January 2025.

Read More: Ripple CEO Brad Garlinghouse Confirms Mar-a-Lago Meeting with Donald Trump

Impact of Ripple CEO & President-elect Donald Trump’s Meet on Ripple (XRP)

A recent X post revealed that Ripple CEO Brad Garlinghosue and CLO Stuart Alderoty met with President-elect Donald Trump for dinner at Mar-a-Lago. This development for Ripple comes after Brad Garlinghouse’s recent comment about the most “pro-crypto congress” ever. It shows that things are falling into place for the crypto space but more so for Ripple and XRP.

This meeting could be considered one of the most bullish developments for Ripple and XRP after their win against the US Securities and Exchange Commission (SEC) for two reasons.

Reason 1: Crypto has been in the crosshairs of regulators under Biden’s administration. Digital asset companies and developers were being sued. However, with Trump winning the US presidential elections, the outlook has flipped on its head. The recent dinner with Trump is a subtle hint that 2025 will be a good year for Ripple with the “backing” of Trump and US regulators.

Reason 2: Ripple’s win in the SEC vs. Ripple lawsuit propelled XRP’s value to double in under 24 hours. Unlike this situation, the meeting with Trump will likely serve as a foothold that helps XRP, the remittance token, flourish in the long run.

These reasons will open the door for partnerships that could positively impact the price of Ripple (XRP). 

How will this development affect XRP price prediction for January 2025? Will it help raise the targets or reduce them?

XRP Technical Analysis

This Ripple price prediction for January is divided into two phases. The initial phase involves a correction that allows investors to accumulate XRP. The next phase will see Ripple skyrocket to new highs.

The four-hour chart shows that XRP rose 126% between November 26 and December 3, pushing the price from $1.28 to $2.91. After this impulse move, a lack of bullish momentum coupled with profit-taking pushed Ripple to consolidate between the $2.17 and $2.91 range.

XRP price today trades at $2.30 after 6.17% on Tuesday, but it’s likely to continue its descent. The key support levels for a short-term buying opportunity include the demand zone, extending from $1.99 to $2.13 and the 62% Fibonacci retracement level at $190. Investors must note that Bitcoin will be crucial in determining bias for XRP and the rest of the crypto markets. 

A recent coinpress article noted that Bitcoin could sweep December lows before kickstarting a bull run. This drop in BTC aligns with the aforementioned correction thesis for Ripple, making these dips an opportunity to accumulate XRP.

Ripple (XRP) Targets For January 2025

Ideally, the timeline for a dip into $2 to $1.90 territory should occur around January 20, 2025, when President-elect Donald Trump will be inaugurated.

The last week of January 2025 should see a comeback in Bitcoin and altcoin season, allowing XRP to flourish. Investors who accumulated dips in the aforementioned zone should consider booking profits at 161.8% Fibonacci extension level at $3.36, just under the all-time high of $3.40. 

From late January to early February, XRP could set up a new ATH at around $3.5 to $4.0.

Concluding Thoughts

The meeting between Ripple CEO Brad Garlinghouse and President-elect Donald Trump could have a positive impact on XRP’s price. With Trump’s pro-crypto stance and the recent win against the SEC, Ripple is poised for a bullish run. The predicted correction in January 2025 will provide investors with an opportunity to accumulate XRP, which could then skyrocket to new highs, potentially reaching $3.5 to $4.0 by early February 2025.

The post Is XRP Set For $4 Breakout in 2025 As Ripple CEO Meets Trump? appeared first on coinpress.

Ethereum (ETH) price struggles around key resistance levels despite Bitcoin’s (BTC) reclaim of the $100K level. A closer look at Open Interest and momentum indicator reveals that a lack of momentum that suggest a correction could come before ETH revists $4,000 retest. 

Ethereum (ETH) Price Today

While many top altcoins bounced hard on Monday due to Bitcoin crossing $100K, ETH’s value remained relatively unchanged. Ethereum price today trades at $3,387.6 and is down -7.96% in the past 24 hours.

Why is ETH performance lackluster?

One of the main reasons for Ethereum’s lackluster performance is the lack of interested participants. This can be observed by looking at VeloData’s open interest that is declining while Ethereum price continues to creat higher highs.

A divergence of this sort indicates that shorts could be closing, which is why the price is slowing and climbing higher. For a full-fledged uptrend, there should be a combination of shorts closing and longs opening. Due to the drop in OI, investors can expect a lack of willing, bullish participants.

While the drop in OI amid rising prices is a bearish signal, the momentum is also lacking. Let’s take a look at the technical analysis to get a better understanding.

Ethereum Technical Analysis: Will ETH Reach $4,000 in January? 

With only seven days elapsed, January 2025 still has a lot to offer to both Ethereum and the rest of the crypto market. ETH could hit $4,000 if these conditions are satisfied:

1. Bitcoin is not driving the market lower.
2. Ethereum whales are not actively selling but buying. 
3. The momentum flips from bearish to bullish. 
4. Open Interest spikes to the upside.

As seen in the below chart, Ethereum price pierced the $3,539 to $3,654 resistance zone on January 3. Since then ETH has produced higher highs while the Relative Strength Index (RSI) produced lower highs. This non-conformity is termed bearish divergence and often forecasts a reversal or short-term corrections.

With a bearish short-term outlook, ETH dips could serve as a buying opportunity for long-term holders. Let’s take a look at Ethereum price targets for January 2025.

Ethereum Price Prediction For January 2025

If the bearish divergence plays out, the selling momentum could knock Ethereum price down to $3,59 and the demand zone, extending from $3,430 to $3,470. This is a good area to accumulate ETH at a discount.

A bounce after an accumulation could propel Ethereum price to recover above $3,600 and set up a higher high to confirm the start of an uptrend. In such a case, the next targets for ETH price would be $3,843 and $4,096.

Ethereum’s Long-term Outlook Remains Bullish

Despite the short-term outlook hinting at a correction, the crypto market bull run depends on Bitcoin. With BTC top likely to form in the fourth quarter of 2025, the cycle is far form over. With the same logic, Ethereum price dips could be an opportunity especially considering the lackluster performance ETH noted in 2024. Hence, the 2025 Ethereum price prediction targets stretch from $6,000 to $15,000, as noted in previous coinpress articles.

Read More: Ethereum Price Today: Next Stop For ETH Is $15,000

The post Ethereum Price Analysis: Will ETH Reach $4,000 in January? appeared first on coinpress.

Bitcoin (BTC) price hit $100K on Monday, bringing the excitement back to the crypto market after 11 days of sideways movement. BTC today trades at $97,073.0 after a -4.97% move. Despite this bullish accomplishment traders are cautious.

Bitcoin Price Analysis

Bitcoin price shot up 3.91% on Monday, moving from $98,340 to $102,185. This uptrend caused altcoins and the broader crypto markets to shoot up as well. Despite the bullish development of crossing the $100K psychological level, some traders and investors remain cautious and expect a reversal or market correction.

As shown in the Bitcoin chart below, the recent uptick has pushed BTC to face rejection at the 161.8% Fibonacci retracement level of $102,306. This common area of reversal adds credence to what traders are already insinuating.

Let’s explore some expert insights and what they are expecting from BTC price and crypto markets.

Bitcoin’s Sudden OI Uptick Threatens Recent Price Rally

TradingRiot’s Adam notes that the recent rally in Bitcoin to $100K was accompanied by massive open interest spike. 

Adam adds,

“From a relative change point of view, when OI surges very quickly in a short period of time, buyers (or sellers) often get shaken off before any continuation is higher”

Will Bitcoin Rise As US Dollar Tops? This Trader Remains Cautious

BluntzCapital, a popular crypto KOL with 306K followers, posted that the US dollar index (DXY) “looks topped” after a three-month rally. The analyst now expects DXY to correct below 99. As mentioned in yesterday’s coinpress article, risk-on assets like Bitcoin rallies if DXY drops. BluntzCapital says this drop should be good for risk assets, but since Bitcoin and US equities rallied or held up well during DXY’s three-month rally, the analyst remains cautious.

$DXY looks topped now, hit 108 as i expected, wicked a major 0.618 level and looks like a long slow abc up after an impulsive move to the downside.

risk assets held up extremely well while dxy pumped which was counter intuitive.

i think we start heading back below 99 in 2025.… https://t.co/shQ7zYX3wl pic.twitter.com/D0wldkFTjG

— Bluntz (@Bluntz_Capital) January 5, 2025

Bitcoin’s Fractal Suggests Price May Dip Before Bull Rally

ImmortalCrypto also remains cautious with the recent Bitcoin price rally owing to the “start of the year” fractal. In his X post, the analyst details that the start of 2025 saw the price pump a lot, followed by a sweep of December lows. Only after this move occurred did BTC kickstart a massive uptrend.

Based on this fractal, Bitcoin is yet to sweep the December 2024 lows, especially if history repeats. This outlook presented by ImmortalCrypto falls in line with coinpress’s Bitcoin price prediction that notes a BTC rally kickstarts after sweeping the previous month’s lows. This pattern has been repeating almost every month since May 2024.

Read More: How High Can Bitcoin Price Go In January 2025?

Crypto Markets To Suffer Liquidation If BTC Reverses Uptrend

If Bitcoin corrects as many traders expect, it could trigger a liquidation event. Ai16z (AI16Z), Worldcoin (WLD), Render (RENDR) and other altcoins that shot up due to BTC’s recent uptick could undo their recent gain.

Depending on the strength and volatility of Bitcoin’s price correction, there could be a massive liquidation event. According to CoinGlass data, $130 million worth of short positions got wiped due BTC’s Monday rally. The opposite could occur if Bitcoin crashes and undoes the near-4% gain.

In conclusion, while Bitcoin’s price surge to $100K has sparked excitement, but traders remain cautious. some of the reasons why these investors remain hesitant include the recent open interest spike, the potential correction in the US dollar index, and the “start of the year” fractal.

As the market navigates these complexities, it’s essential to keep a close eye on Bitcoin’s price movement and its potential impact on the broader crypto market.

The post Bitcoin Price Hits $100K But Why Are Traders Cautious? appeared first on coinpress.

After a relatively slow weekend, Bitcoin (BTC) price today is knocking on the $100,000 psychological level after 11 days. BTC will likely blast through this key level as the US dollar drops, anticipating a steep correction. This outlook could blow the short-sellers and bears out of the water.

Bitcoin Knocks on $100K Level As US Dollar Drops 1.52% 

Since the December 2 peak of 109.533, the US dollar Index (DXY) has dropped 1.52% and currently trades around 107.943. This drop has pushed it into a short-term demand zone, extending from 107.911 to 108.267. A breakdown of this level with momentum could signal that a further drop is likely. Typically, the DXY and BTC are inversely correlated, i.e., if DXY shoots up, Bitcoin will drop and vice versa. As a result, DXY tends to rally if the US Federal Reserve hikes interest rates, creating a risk-off scenario. In this scenario, investors sell their risky assets and prefer holding DXY.

If the US dollar index collapses the aforementioned support zone, it could drop from 0.73% to 1.03%. Such a descent in the US dollar index could trigger a rally for BTC price, swiftly breaching the $100K hurdle.

Nonfarm Payrolls on January 10 Could Reset BTC’s Directional Bias

Fed’s decision in December to have fewer rate cuts in 2025 triggered a crash for the US equities and crypto markets. The upcoming Nonfarm Payrolls (NFP) on January 10 will set the tone for what the Fed might do next. 

Here are three scenarios to watch ahead of the NFP release.

Strong NFP Report

• A higher-than-anticipated NFP report could lead to a decline in Bitcoin and US equities as investors become more risk-averse due to the potential for higher interest rates.
• From a technical standpoint, Bitcoin price in 2025 could drop to the $90,000-$95,000 range, while US equities could experience a moderate decline.

Weak NFP Report

• A weak jobs data or NFP report could lead to a rally in Bitcoin and US equities as investors become more optimistic about the potential for interest rate cuts.
• BTC could surge to the $110,000-$115,000 range, while US equities could experience a significant rally.

Mixed NFP Report

• A mixed NFP report could lead to a range-bound market for Bitcoin and US equities, with minimal impact on prices.
• BTC price could trade within the $95,000-$110,000 range, while US equities could experience a relatively calm trading session.

Other key macroeconomic events that investors need to keep an eye on include the US Unemployment Rate, Average Hourly Earnings and revisions to previous NFP releases.

Bitcoin Technical Analysis: What’s Next After BTC Price Overcomes $100K?

From a technical standpoint, in 2025 Bitcoin price consolidates between $100K and $93.3K levels. 70% of all the trading volume was traded in this range between November 21 and January 6. 

There are three scenarios in which the current Bitcoin price action could unfold in January 2025. 

1. A bullish catalyst coupled with a spike in buying pressure, volume or consolidation under $100K could indicate an impending breakout. In this bullish case, BTC price could shoot 3% to 6% and tag $102.7K to $105.3K resistance levels.
2. A lack of buying pressure and bearish macroeconomic events could lead to rejection at $100K. Such a development could lead to a rangebound movement between $100K and $93.3K.
3. The third scenario includes a rejection of the $100K level followed by a dip into the CME gap, extending from $94.4K to $94.9K. This would serve as a buying opportunity that leads to a retest and breakout of $100K. 

Bitcoin Price Levels to Watch in January 2025

For a bullish case to unfold, Bitcoin needs to break $100K, following which the $102.7K to $105.3K resistance levels come into play. Beyond this, the ATH of $108,421.8 will be the next target for BTC bulls.

For dip buying opportunities, the CME gap that stretches from $94.4K to $94.9K will be great.

A bearish scenario will unfold if Bitcoin breaks the December 30 swing low at $91.4K, creating a lower low. This development indicates a bearish market structure and could catalyze a correction. In such a case, Bitcoin price forecast points to key support levels at $90K and $81.1K.

Conclusion

As the Bitcoin price knocks on the $100,000 psychological level, investors must pay attention to the Nonfarm Payrolls (NFP) report on January 10. This macroeconomic event will allow them to gauge the US Federal Reserve’s decisions for 2025.

A weak NFP report could lead to a rally in Bitcoin price, potentially breaking through the $100,000 barrier and reaching $110,000 to $115,000. On the other hand, a strong NFP report could lead to a decline in Bitcoin price, potentially dropping to $90,000-$95,000.

From a technical standpoint, Bitcoin price is consolidating between $100K and $93.3K. If there aren’t any bearish events or spikes in selling pressure, BTC is set to breach $100K and push higher toward the $102.7K to $105.3K levels.

For an informed decision on Bitcoin or the US equities, investors must keep a close eye on other key macroeconomic events like the US Unemployment Rate, Average Hourly Earnings, and revisions to previous NFP releases. 

The post Bitcoin Price Set to Break $100K As US Dollar Weakens Ahead of US NFP appeared first on coinpress.

Ripple (XRP) price shot up last week, ending its two-week consolidation. This move pushed the token closer to kickstarting a bull rally. XRP price analysis using the Fibonacci tool reveals a triple-digit target of $150. Is such a massive rally possible? 

Fibonacci Analysis Predicts XRP Price Target of $150

XRP price action between early 2014 and April 2017 created a range, extending from $0.0289 to $0.0618. Using Fibonacci tools to this range reveals that the ATH of the cycle was formed at $3.317, between the 272.2% and 241.4% Fibonacci extension levels.

The second half of 2024 also created a range tightening that led to a massive parabolic rally. This new-formed range is similar to what elapsed between 2014 and 2017 and extends from $0.114 to $2.905. Using the Fibonacci tool reveals that the 272.2% and 241.4% Fibonacci extension levels are formed at $178 and $282.

While a triple-digit territory for Ripple price seems unlikely, let’s take a look at some of the massive fundamental developments noted by the company in the 2024.

Ripple’s Real-World Usescases

RippleNet is at the heart of Ripple’s ecosystem that allows global network of banks, financial institutions, and payment providers.

The other flagship product is On-Demand Liquidity (ODL), which leverages XRP to provide liquidity for cross-border payments. This eliminates the need for pre-funded accounts and reduces transaction costs. xRapid is another product that utilizes XRP to facilitate fast and cheap cross-border payments.

Due to these key products that enable both retail and institutions to seamlessly transfer funds across boarders, Ripple has had plenty of partnerships throughout its lifespan. Due to the legal trouble in the US, the payments company has had a massively successful expansion in the MENA and SEA countries. Some of their partners include banks and financial institutions. 

If this demand continues to grow, it could drive XRP price up in 2025, potentially to the double or triple-digit targets as mentioned above.

Other Fudamental Developments That Could Boost XRP’s Value

Ripple’s recent developments have been significant. One notable development is the launch of RLUSD on December 17. RLUSD is a stablecoin pegged to the US dollar, and its launch is expected to establish Ripple’s presence in the digital payments space.

Garlinghouse is also bullish on the company’s growth prospects in the US market, and it has highlighted that 75% of Ripple’s open roles are now US-based. The executive noted that Ripple has signed more US deals in the last six weeks of 2024 than in the previous six months.

On the other end of the spectrum, Ripple’s XRP Ledger has also been in the headlines due to its decentralized exchange, cross-currency payments, and payment channel features. XRPL’s smart contract functionality, enabled by the Hooks amendment, is another significant development that has been witnessed recently.

Should You Buy XRP Now?

Although XRP price registered a 238% year-to-date gain, the ongoing consolidation hints at a bull flag. Considering that the bull run is likely to continue through 2025, investors should consider buying XRP. However, the users must also be aware that the crypto market experiences massive volatility that could impact the investment in the short term. Even with a realistic target of $5 or $10, a large portion of the rally is yet to begin.

The post Ripple XRP Price Prediction: Can it Hit $100? Fibonacci Analysis Reveals appeared first on coinpress.

Ripple (XRP) price shows it is close to ending its month-long consolidation. Many expect a breakout from this rangebound movement to kickstart a parabolic rally that could push the XRP token to double digits. From a technical standpoint, this development comes as Ripple CEO welcomes the most pro-crypto Congress, hinting at a shift after Donald Trump’s victory in the US elections.

XRP Price Prediction: Ripple Edges Closer to Breakout

Ripple price action over the past two months has created a bull flag pattern. This setup can be split into two parts – a parabolic rally phase termed “flag pole” and a consolidation phase termed “flag.”

XRP price’s near-500% rally between November 3 and December 2 formed the “flag pole,” and the consolidation in the form of a down-sloping parallel channel is called the “flag.” A decisive daily candlestick above the flag’s upper limit at roughly $2.56 will confirm a breakout. 

The bull flag is a bullish continuation setup that hints at a pause before the rally propels the underlying asset higher.

Ripple CEO Welcomes “Most Pro-crypto Congress” 

Crypto markets ended the eight-month consolidation and resumed the 2023 bull run after Donald Trump emerged victorious in the 2024 US presidential elections. Due to Trump’s pro-crypto regulations and vision, various positive developments have been noted. From vowing to bring in crypto-friendly laws to replacing the US SEC chair, Trump is giving cryptocurrencies to grow.

Ripple CEO Brad Garlinghouse posted on X,

“Today, here in the US, we welcomed the 119th Congress—better known as the most pro-crypto Congress in history. The journey is just beginning, but you can’t deny the energy & excitement already building across the industry. Let’s get to work.”

How High Can XRP Price Go In January 2025?

Investors can expect the first quarter of 2025 to be bullish for XRP and altcoin due to the drop in Bitcoin dominance. As noted above, the bull flag setup forecasts a massive bullish outlook for Ripple (XRP) with a double-digit target.

The bull flag’s target can be calculated by adding the flag pole’s height of 498% to the breakout point of roughly $2.56, which reveals $15 as the end goal for XRP price. 

In a previous coinpress article, we noted that XRP could reach $20 if it follows the 2017 price fractal before January 2025 ends.

Proof of Alt Season

As noted above, alt season could kickstart soon as Bitcoin dominance continues to drop. Alt season is a phase where capital rotates to altcoins, leading to a drop in Bitcoin’s market share. This rotation of funds is a pattern that investors follow, especially when BTC continues to move sideways after hitting a new ATH.

The above chart shows a steady decline in Bitcoin dominance, hinting that the alt season is edging closer to reality.

The post XRP Price Prediction As Ripple CEO welcomes “most pro-crypto Congress” appeared first on coinpress.

Bitcoin (BTC) price today is up 4.81% since the start of 2025 and trades around $98,249.0 as of January 12. The ongoing recovery is impressive, but BTC needs to overcome the $100K hurdle to turn the market structure bullish. This development comes as MicroStrategy discloses a $2 billion BTC strategy.

Bitcoin Price Edges Toward $100K, But No Bullish Confirmation Yet

From a market structure standpoint, Bitcoin price has not created a higher high since the 15% crash from its ATH of $108,421.8. This correction found support around $93.2K, resulting in a 4.81% bounce since January 1. BTC must overcome the December 26 swing high at $99,950 or roughly the $100K psychological level for a bullish confirmation and the market structure to turn bullish. Such a development could catalyze a rally that contests the ATH.

However, until that happens, crypto markets remain uncertain, with only strong altcoins noting recovery.

*bitcoin price updated as of 11 PM.

MicroStrategy Reveals Plan to Raise $2 Billion to Buy BTC

In a recent X post, Microstrategy CEO and co-founder Michael Saylor revealed,

“MicroStrategy targets up to $2 billion capital raise through public offerings of perpetual preferred stock in the first quarter of 2025.”

In a blog detailing this plan, the software company revealed,

“The purpose of the Offering is to allow MicroStrategy to continue to strengthen its balance sheet and acquire more bitcoin.”

The Tysons, Virginia-based software company owns 4,46,400 BTC worth $43.792B as BTC trades around $98,249.0. Of Bitcoin’s 21M total supply, Saylor’s MicroStrategy owns  2.13%, with the average cost per BTC around $62,428. 

While MicroStrategy’s $2 billion Bitcoin buying plan might seem bullish, the market has become desensitized to this accumulation spree to affect BTC’s value in the short term. 

Read More: MicroStrategy To Raise Up To $2B To Acquire More Bitcoin

BlackRock’s IBIT Bitcoin ETF Sells $333 Million BTC

Although Michael Saylor continues to buy, BlackRock, the world’s largest asset manager, withdrew $333 million on Thursday. This outflow is the largest in IBIT’s history.

BTC Technical Analysis & Target

The four-hour chart shows that Bitcoin price is trading between $93.3K and $99.6K. A sweep of the range’s lower limit at $93.3K on December 30 led to an 8% recovery rally. While the next target is the range high or $100K, BTC faces stiff resistance, extending from $97.5K to $99.6K.

Bitcoin price could take one of two paths:

1. A rejection that leads to a pullback into the CME gap, extending from $94.4K to $94.9K.
2. Or a retest of $100K followed by a pullback into the aforementioned CME gap. 

However, there is a third scenario: BTC could break $100K and attempt to revisit the ATH at $108,421.8.

The lack of uptick in daily active addresses or the consistent production of lower highs since the ATH on December 17 does not instill confidence in the recovery. A drop in this metric shows that investors are not interested in BTC at the current price. Such an outlook hints at uncertainty and adds credence to the technical analysis that anticipates two outlooks that Bitcoin price could take.

To conclude, MicroStrategy’s $2 billion plan has no impact on Bitcoin’s price in the short term. From a market structure and technical standpoint, BTC’s bullish outlook will begin once it sets a swing high above $100K. Until one of the above occurs, Bitcoin price prediction remains uncertain.

The post Bitcoin Price Edges Closer to $100K, MicroStrategy Reveals $2B BTC Strategy appeared first on coinpress.

Ripple (XRP) price is edging closer to ending its four-week rangebound movement. This consolidation began after the token hitt a 2024 high of $2.90 on December 3 and investors speculate that a breakout could lead to another parabolic rally, similar to what was witnessed between November 3 and December 3. If history repeats then XRP price could hit $20 before January 31, 2025. Let’s also explore how a Ripple ETF fits in this picture and affect value of XRP in the short-term outlook.

Can XRP Price Hit $20 Before January 31?

In the second quarter of 2017, XRP price rose 1,200% and slipped into consolidation for the next 24 days. This price action is similar to what’s happening now. Ripple bulls triggered a 600% rally, which was followed by a 28-day consolidation that ended with a 12% rally on January 1. Due to the similarity of these moves, one can assume that even if history rhymes, it could lead to another parabolic ascent for XRP token. The chart below shows that Ripple price repeats 2017’s move, it could roughly hit a peak of $20 after a 711% rally in less than three weeks, aka, before the end of January 31.

While history does provide a good framework, the XRP ETF could be the proper catalyst required to trigger such an exponential rally.

Spot Ripple ETF: A Bullish Catalyst for Ripple

According to Polymarket data, there are two polls regarding a spot Ripple ETF approval. The first one speculates on an XRP ETF approval by July 31, 2025 and the other with the same speculation but by the end of 2025.

The latter shows there’s a 70% chance that a spot Ripple ETF will be approved by the end of 2025.

Regardless of whether an ETF is approved, let’s look at the short-term outlook of XRP price using technical analysis and forecast key support, resistance levels & potential targets for January 2025.

XRP Technical Analysis & Price Targets

XRP price action over the past five weeks has shown the formation of a bull flag. This technical formation is a bullish continuation setup that has a massive parabolic rally termed as flag pole and the consolidation in a parallel channel that ensues termed as flag.

The target for this setup is obtained by adding the flag’s height to the breakout point. In this case, the flag’s height is 108%, adding this to the breakout point reveals an optimistic target of roughly $4. But adding this measure to the bottom of the flag shows a conservative target of $3.42.

Despite XRP showing strength in the past few weeks, if Bitcoin loses key support level of $90,000, it could trigger a sell-off for crypto markets. Hence, investors must keep a close eye on BTC’s price action.

A breakdown of $2 support level for XRP could spell disaster and catalyze a 25% correction to roughly $1.47.

The post Will XRP Price Hit $20 In 28 Days? appeared first on coinpress.

Bitcoin price has been up 4% since January 1, 2025, and trades today at $98,123.0. With a 24-hour change of 1.30%, the outlook for BTC looks promising in the long run. Due to the positive historical trend, the favorable US elections and other macroeconomic events, the outlook for crypto has remained optimistic. This coinpress article outlines the top five Bitcoin price predictions for 2025 and estimates how high BTC can go.

*bitcoin price updated as of 11 PM.

Top 5 Bitcoin Price Predictions For 2025

As noted in a previous coinpress article, we predicted that Bitcoin’s price could peak on October 6, 2025, based on Mars-Vesta’s 3.9-year cycle. In this article, we will outline the top five Bitcoin price predictions from popular investors and founders in the crypto space. 

Fundstrat Global Advisors’ Tom Lee: $250,000

Tom Lee noted in a CNBC interview, “We expect something around $250,000 for Bitcoin in 2025.” Lee adds, “We see Bitcoin closer to $250K by Thanksgiving next year (2025).”

In a November Wealthion interview, Lee said, “Bitcoin could hit $250K next year.” The optimism surrounding this prediction comes from the fact that the Fed is cutting interest rates in the growth phase of the business cycle, providing the much-needed oomph to push markets higher.

Bitwise: $200,000

Asset manager Bitwise is also optimistic about cryptocurrencies in 2025, with their BTC price target of $200,000 by the end of 2025.

The head of research at Bitwise Invest, Ryan Rasmussen, posted “Bitwise’s 10 Predictions for 2025,” which included a “BTC to $200K,” among other forecasts such as Bitcoin ETF inflows hitting a new high in 2025, Coinbase stock price hitting $700 and so on.

Standard Chartered: $250,000

Like Tom Lee and other popular analysts, Standard Chartered’s target for 2025 is $250,000.

QCP Capital

While QCP Capital did not provide exact figures, their outlook for Q1, 2025 is cautiously optimistic. The company’s Telegram post added, 

“Despite a lackluster finish, BTC will close the year up 120%, outperforming globally stocks and gold. For 2025, while optimism surrounds crypto-friendly regulations post-Trump inauguration, we think the key catalyst may come in January as institutions readjust asset allocations.”

Other Notable Figures’ Bitcoin Price Prediction For 2025

• Anthony Pompliano, Co-founder of Morgan Creek Digital said, “Bitcoin could hit $250,000 by 2025.” His target is driven by increasing demand for BTC due to its fixed 21 million supply.
• American venture capitalist and billionaire Chamath Palihapitiya noted that Bitcoin could reach an all-time high of $500,000 by October 2025.

Bitcoin Technical Analysis: Forecasting Short-term BTC Targets

The one-day Bitcoin chart forecasts an ongoing trend, where BTC tanks at the start of the month. Since May 2024, Bitcoin price has swept the lows formed in the previous month. This sweep wipes out early bulls and allows smart money to position before the uptrend kickstarts. If such a history were to repeat, a correction is due for Bitcoin. 

If Bitcoin gets rejected at around $99,963, a key lower high will form in December, then a correction is highly likely. In such a case, the retracement could undo 2025 gains and sweep the December 30 swing low at $91,530. This move would fulfill the ongoing trend and set the stage for an expansion to the upside.

The RSI is also attempting to reclaim the 50 mean level, indicating that the bulls are attempting a recovery rally but are not successful yet. Hence, investors should not disregard a potential correction before the uptrend kickstarts.

Bitcoin Price Targets

In the past seven months, a sweep of the previous monthly lows has catalyzed a Bitcoin price rally of 25% to 50% in 18 to 25 days. Assuming the lower limit, BTC could set up a new all-time high of $114,000 before President-elect Donald Trump’s inauguration on January 20.

Conclusion

While Bitcoin’s outlook at the start of a new year is bullish, no doubt, investors need to pay attention to the macroeconomic and geopolitical news. China’s increasing excess, falling 10-year bond, Trump’s inauguration, the Nonfarm Payrolls and the Fed’s interest rate decision, there are plenty of macroeconomic events that could disrupt the uptrend and trigger a massive correction. From a market structure perspective, the 15% correction from ATH $108,421.80 has not confirmed a reversal yet. Hence, investors must be cautious and wait for confirmation before investing based on FOMO.

The post Top 5 Bitcoin Price Predictions 2025: How High Can BTC Go? appeared first on coinpress.

Alex Krüger, an economist and popular crypto analyst, explained how the US Federal Reserve’s stance in 2025 could serve as a tailwind for the ongoing Bitcoin rally. This comment from Krüger comes as BTC is up 4.34% from its January 1 swing low of $92,840. Bitcoin price today and trades at $3,450.1.

*bitcoin price updated as of 11 PM.

Economist Explains Key 2025 Tailwind For Bitcoin price Rally

As noted above, Alex Krüger, explained that the “timing of the Fed going back dovish” in 2025 could fuel Bitcoin price rally. A dovish Fed comment would mean that the interest rates could be slashed, triggering more borrowing and spending, aka a risk-on scenario. Such an outlook would mean that risky assets like Bitcoin, cryptocurrencies and stocks could shoot higher.

Krüger adds that Fed’s dovish comment in 2025 could disrupt crypto’s habit of forming a top around the end of first quarter. He supports this statement by adding that Bitcoin and cryptocurrency market would follow suit if “equities ramp up hard in March or April.”

He concludes his bullish X post by noting that the macro outlook “trumps” seasonality and Bitcoin’s popular four-year cycles.

Bitcoin Technical Analysis: Has BTC Price Rally Begun?

CME’s one-hour Bitcoin price chart shows a gap, extending from $94,495 to $94,970, created between December 31, 2024, and January 1, 2025. Typically, price fills these gaps via a retracement or pullback in an act of rebalancing. Hence, despite the recent run-up in the past 48 hours, Bitcoin could retrace lower to fill the aforementioned gap seen on the CME BTC price chart.

Moreover, the start and end of the day, week, quarter and year tend to witness added volatility, which is not just limited to cryptocurrencies but also the stock market. Hence, there is a high chance that Bitcoin retraces into the CME gap, stretching from $94,500 to $94,970.

This short-term retracement is unlikely to end the Bitcoin price recovery rally, which began at the start of a new year. Hence, investors can remain confident as the long-term bullish outlook and the recovery bounce remains intact.

However, if Bitcoin price fails to hold above the $93,000 support level, it could jeopardize the uptrend. If a daily candlestick closes below the said level, it would invalidate the bullish thesis and trigger a further correction. Bitcoin price prediction, in this instance, indicates a near-3% crash to $90,000.

Bitcoin Price Targets If BTC Dips Below $90,000

Over the past six months or so, the Bitcoin price has crashed at the start of every month. This correction sweeps the lows created at the end of the previous month. This drop is a great buying opportunity because every single sweep after the start of the new month has led to at least a 24% rally in the next three weeks or less. The highest rally BTC witnessed after such a deviation was in November, where the biggest crypto by market cap rose nearly 50%.

If history rhymes, then a drop below $90,000 is likely. Following this dip, if BTC rallies 24% from $90,000, investors can expect an all-time high of roughly $113,000. However, a 50% gain would put Bitcoin price at $135,000.

Bitcoin looks increasingly promising from a technical perspective. Economist Alex Krüger’s insights suggest that the US Federal Reserve’s stance could serve as a tailwind for the ongoing Bitcoin rally. The potential for a dovish Fed comment to disrupt crypto’s seasonal trends and fuel a risk-on scenario is a significant bullish indicator. Krüger notes that the macro outlook “trumps” seasonality and Bitcoin’s popular four-year cycles, making a strong case for a continued rally. From a technical analysis standpoint, Bitcoin price could hit $113K or $135K if history rhymes.

The post Economist Explains What Could Fuel 2025 Bitcoin Price Rally appeared first on coinpress.

For Ethereum (ETH) price to hit $5,000, it would need to rally approximately 46% from $3,450.1, where ETH currently trades. Considering that ETH shot up 71% in just 30 days starting on November 5, there is a high chance Ethereum price will hit $5,000 in the first three months of 2025.

Ethereum is up 3.06% in the past 24 hours and will likely continue this bullish outlook.

Can Ethereum Hit $5,000 in First Three Months of 2025?

As mentioned above, Ethereum price can hit $5,000 in the first three months of 2025. ETH’s historical returns show that the first quarter has yielded an average return of 82.72% in the past eight years. Therefore, if history were to repeat, then 82.72% from the current price of $3,450.1, Ethereum would be trading at roughly $6,276.

Let’s explore what technical analysis has to say about Ethereum price in the short term.

ETH Technical Analysis

From a price action perspective, Ethereum is stuck between the $3,600 and $3,000 barriers. Only a swift breakout relative to these levels will confirm the trend. To make matters worse, ETH’s value has been stuck inside a symmetrical triangle for the past two weeks.

The recent uptick in Bitcoin’s price has revived optimism after weeks of consolidation. Many top altcoins have bounced up double digits. As a result, investors are bullish and expect Ethereum to follow suit.

Ethereum Price Targets

Although the symmetrical triangle breakout direction is uncertain, let’s assume a bullish one, considering the recent recovery. A decisive daily candlestick close above the triangle’s upper limit forecasts a 12% move to $3,800. This target is the result of adding the symmetrical triangle’s 12% height to the breakout point of $3,445.

Concluding Thoughts

With a fresh start to 2025, the outlook shows promise, especially for Ethereum and altcoins. With historical returns averaging 82.72% in the first quarter of the past eight years, it is highly likely that Ethereum will unpause the consolidation and kickstart an uptrend. ETH is already up 3% on the day, and technical analysis indicate a bullish future. All of these signs suggests that Ethereum price will easily tackle the $4,000 hurdle and reach $5,000, a key psychological level, in the first three months of 2025.

The post Will Ethereum Price Reach $5,000 In First 3 Months of 2025? appeared first on coinpress.

Ethereum (ETH) price today trades at $3,327.1 as of 11 PM, with the current price hovering around $3,327.1. This coinpress article complies a list of industry experts’ 2025 ETH price predictions & targets. Let’s also explore what Elliot Wave analysis forecasts for January 2025.

*Ethereum price updated as of 11 PM.

Experts Predict Ethereum Price Outlook For 2025

Venture Capitalist, Tim Draper predicts Ethereum could hit $10,000 by the end of 2025. Fundstrat’s Tom Lee echoed Draper’s outlook with an ETH price target of $8,000 to $10,000 in 2025. Lee adds, “improving fundamentals, increasing institutional interest, and growing demand for DeFi services all point to a strong year ahead for Ethereum.”

Standard Chartered’s Geoff Kendrick noted,

“Our forecast suggests Ethereum could reach $12,000 by the end of 2025. We’re seeing significant growth in Ethereum’s ecosystem, and the network’s scalability improvements will only add to its appeal.”

Based on the above Ethereum price predictions, the outlook for ETH looks massively bullish, with a consensus of five digits per ETH.

“Ethereum will moon in 2025,” said Crypto Kaleo, a popular crypto influencer.

ETH Technical Analysis & What to Expect in January 2025

From an Elliot Wave analysis standpoint, XForceGlobal adds that Ethereum is in a “bullish consolidation.” The analyst further adds that ETH is undergoing a small pullback and is unlikely to trigger a large correction. 

The expert anticipates either a triangle variation or a nested 1-2 wave, both of which are bullish from an Elliot Wave perspective. Based on this approach, once the pullback ends, it should trigger a massive run up to roughly $7,000, a new ATH.

But the experts ultimate target for Ethereum price is roughly $12,000, which is in line with the industry experts like Tom Lee & Tim Draper’s five-digit prediction.

Ethereum Price Targets For 2025

Here’s coinpress’s compilation of top experts’ Ethereum price predictions for 2025.

• Tim Draper’s price prediction for 2025: $10,000. 
• Tom Lee’s ETH price forecast for 2025: $8,000 to $10,000.
• Geoff Kendrick’s price target 2025: $12,000.
• David Grider’s ETH price prediction 2025: $7,000 to $10,000.
• Mark Palmer’s Ethereum price forecast 2025: $6,000 to $8,000.
• Adam Cochran’s ETH price target 2025: $8,000 to $12,000.
• Ryan Selkis’ Ethereum price prediction 2025: $5,000 to $7,000.
• CryptoKaleo’s Ether price forecast 2025: $15,000.
• TheCryptoOracle’s target for 2025: $12,500.
• CryptoMaji’s prediction for 2025: $10,500.

As we enter 2025, the Ethereum price predictions from top industry experts paint a bullish picture. With targets ranging from $5,000 to $15,000, the consensus is clear: Ethereum is poised for significant growth in the coming year. The average target for all these predictions hovers around $10,909.

The post Ethereum Price Targets For 2025 & Elliot Wave Analysis appeared first on coinpress.