"Bears All Caught"...Bitcoin $140,000, XRP $7 Wild Rally Predicted

▲ XRP, Bitcoin (BTC)

An analysis suggests that investors who bet on the decline of Bitcoin (BTC) have fallen into a huge trap. XRP is also preparing for a surge rally accompanied by a powerful short squeeze, following Bitcoin's lead.

On April 25 (local time), cryptocurrency media outlet Bitcoinist reported, citing an analysis by virtual asset expert RWA Strategy (RWA Investor), that Bitcoin and XRP bears have missed a golden buying opportunity and are isolated. The analyst diagnosed that Bitcoin's price movement is being projected onto XRP in a 1:1 ratio. The resistance level between $1.50 and $1.60 is expected to break soon, and a breakthrough is projected to lead to a rapid surge to the $2 to $3 range.

The final target price for the upward rally was presented as $7. The analyst predicted that after the price surges to around $3, it would undergo a large-scale correction, a so-called 'pump and dump' pattern. The third wave that follows will be the key driver to push XRP to the $7 mark. It is explained that 80% of the market is driven by sentiment, and the moment bears believe they are controlling the market, a powerful short squeeze will occur, pushing the price up.

Changes in the Federal Reserve's monetary policy also support the possibility of a rally. RWA Strategy emphasized that interest rate cuts and the resumption of quantitative easing (QE) are the most powerful catalysts the market has been waiting for. With the end of the tightening cycle and the start of liquidity supply, an environment has been created for Bitcoin to rise to $140,000 and XRP to $7. Progress on the US Crypto Market Structure Bill (CLARITY) is also a factor accelerating institutional capital inflow.

Technical analyst CasiTrades predicted that XRP would test the $1.50 to $1.53 resistance level in the short term. As Bitcoin reaches the $79,900 mark, XRP is also rising in tandem, attempting to break through the final supply zone. Currently, XRP is firmly holding the $1.39 support level and is accumulating strong rebound energy at the end of its downward wave.

XRP's direction is highly likely to synchronize with Bitcoin's movements. As Bitcoin gathers buying power in front of the $80,000 resistance, XRP is also laying the groundwork for breaking its historical high. The trap set by the bears is instead transforming into a powerful upward momentum, and the market has now begun a countdown towards the significant record of $7.

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