Alita Finance 價格ALI

TL;DR ETH surged substantially in the past weeks, with analysts eyeing $2,800–$12,000 as potential targets, comparing its rebound to BTC’s post-COVID rally. SOL climbed 20% weekly, with over 11 million wallets now holding 0.1+ SOL – suggesting rising retail interest that could fuel a further pump. The second-largest cryptocurrency stole the show in the past several days, with its valuation rising by almost 40% on a seven-day scale. Earlier this week, it crossed $2,600, the highest point since late February. In the last 24 hours, it witnessed a slight retracement and currently trades at just south of $2,500. ETH’s strong rebound has sparked widespread excitement in the crypto space, with numerous X users speculating that the rally is just getting started. For instance, the analyst with the moniker CRYPTOWZRD envisioned a further upside toward the resistance of $2,800. “Once Bitcoin regains confidence, Ethereum should see a quick upside move towards $2,800 and beyond,” they added. Crypto Tony and Reed Carson also weighed in. The former claimed that a breakout above $2,750 could push the price to levels not seen since last year. Reed Carson argued that ETH’s dump below $1,400 in April was very similar to BTC’s crash under $4,000 during the COVID-19 crisis in the spring of 2020. They believe that in both cases, the plunge resulted from economic uncertainty and panic selling. The analyst reminded of BTC’s price explosion in the following years, predicting that ETH can follow a similar path and hit $10,000 or even $12,000 by the peak of the bull cycle. Another X user who gave his two cents is the well-known analyst Michael van de Poppe. He expects “shallow corrections” but sees such a scenario as a buying opportunity: “If the markets provide a correction, then I’d be interested in anything between $2,100-2,250 for ETH.” Solana’s SOL has also caught the recent green wave in the crypto sector, albeit charting less substantial gains than ETH. As of this writing, it trades at roughly $174, representing a 20% weekly increase. Among those touching upon the asset’s next potential targets was KALEO. The X user told his almost 700,000 followers that SOL is “slowly but surely grinding higher.” “I still believe this move back from the lows results in a god candle that sends straight to new all-time highs sooner rather than later,” they claimed. Just a few days ago, the analyst forecasted that Solana’s price could explode to a staggering $1,000. For his part, Ali Martinez recently said that SOL has reached “a critical resistance area” at $175. He also revealed that the number of wallets holding at least 0.1 tokens has surged past 11 million in the past two weeks. The development signals that more people have entered the ecosystem. The low threshold of just 0.1 SOL suggests that many of the newcomers could be retail investors, potentially acting as a precursor to a further price rally.

XRP is drawing significant attention in the crypto market mostly because of a massive spike in its futures open interest (OI). Data from Glassnode shows XRP futures open interest surged by more than $1 billion in the past week. This climb took the OI from $2.42 billion to $3.42 billion, a key indicator for the altcoin. This sharp 41.6% rise in leverage has fueled speculation that bullish sentiment is strengthening rapidly. Alongside this, XRP’s price jumped from $2.14 to $2.54, suggesting that traders are placing increasingly confident bets on further upside. The rapid climb in open interest strongly implies that a large number of leveraged positions are entering the market. This kind of aggressive speculative behavior often signals growing directional conviction among traders. Notably, this isn’t the first time XRP has seen such a surge. Back in January, a similar spike in Open Interest preceded a price rally that took XRP from $2.30 to $3.30 in under a week. Related: XRP Ready for Major Surge: Can the Triangle Formation Push It to $4.40? Besides historical parallels, analysts view the current trend as a continuation of bullish sentiment returning to the altcoin. Crypto analyst Ali Martinez noted that XRP has cleared significant resistance levels. He emphasized that on-chain data indicates no major resistance clusters ahead for XRP. This, Ali Martinez suggests, could lead to even more upward movement, provided the current bullish momentum holds. Related: What Will Drive XRP Price to $3.29? Accumulation Strong, Say Analysts The recent breakout above the $2.26 level was a key technical event. For weeks, analysts pegged $2.00 as a crucial support level for XRP. Once the asset surged past $2.26, it signaled a potential restart of its bull run. Now, even after a temporary halt near $2.70, XRP remains stable above $2.50. This price range has now become a new base of support, with the $2.38 zone acting as a buffer against potential pullbacks. Martinez also pointed out that with no significant resistance zones ahead, XRP may continue climbing with little opposition. These indicators have fueled a wave of price predictions. Analysts at AllInCrypto project a long-term target of $19. Others forecast a more conservative high of $5.40. As of press time trading at $2.53 , XRP has posted a 3.28% gain over the past 24 hours and is up 21.16% over the past week. Its daily trading volume currently exceeds $10.6 billion, with a market cap sitting near $148.6 billion. These metrics reinforce the growing interest and strong liquidity backing the asset’s bullish case. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

Analysis: XRP forms support at $2.38, with no obvious resistance above According to on-chain analyst Ali’s monitoring, XRP formed a support level at $2.38, with no obvious resistance above it.

TL;DR The broader crypto market was revived in the past week as bitcoin finally broke above $100,000 and tapped a new multi-month peak at over $104,000. Many altcoins, such as DOGE , SOL, and HYPE, posted impressive gains, and so did ETH. In fact, Ethereum’s weekly increase stands at over 31%. At the same time, XRP is also in the green, of course, but its weekly surge stands at just over 9%. On a monthly scale, it has added 21% (impressive, yes) but nowhere near as notable as ETH’s 54% surge or even BTC’s 28% jump. What’s even more surprising is that the SEC officially filed for a settlement in the legal case against Ripple Labs and wants just a $50 million penalty payment, which is a fraction of the $2 billion it initially asked for. Nevertheless, XRP still managed to break through an important resistance set at $2.26 and closed well above it on the daily. The short-term target for the asset is at $2.6, said Ali Martinez, who posted an update today with even more good news for XRP’s future price performance. The analyst with over 137,000 followers on X said the SuperTrend Indicator had just flashed a buy signal for XRP. Chad Steingraber found some similarities between the current market structure and the events that transpired in January. At the time, XRP’s Open Interest soared to almost $5 billion, and its price skyrocketed from $2.3 to roughly $3.4 within a week. Now, the Open Interest is close to those levels. BitGuru noted that XRP had broken out of a double bottom and is “riding a strong uptrend with higher highs.” If it manages to stay above $2.23, which is far below the current price tag of $2.4, it could experience another bullish leg up, they added.

XRP has shown upward bullish momentum, evidenced by strong technical indicators pointing to further upside. Crypto analyst Ali Martinez recently noted this, observing that the SuperTrend indicator flashed a buy signal after XRP broke through a key resistance level around $2.36. After a long correction, this breakout could mark a significant shift toward bullish price action for XRP. After decisively breaking above resistance, the popular technical tool SuperTrend indicator, which recognizes potential trend reversals, turned bullish for XRP . Such signals usually mean an increase in confidence on the buyer’s part and suggest that the upward momentum may continue in the short term. The immediate resistance level for XRP is roughly around $2.50 and may move to higher targets in the range of $2.70 to $3.00 after a successful breakthrough. Analysts suggest these targets are realistic given the market conditions and positive investor sentiment surrounding cryptocurrency. Related: XRP Price Prediction: $2.36 Breakout Critical for May 11 Rally to $3 XRP’s recent bullish momentum aligns with the broader optimism in the cryptocurrency market, driven mainly by growing institutional investment. Spot Bitcoin ETFs, which raised almost $40 billion in investments last year, signaled a shift in market dynamics. As investor focus expands toward altcoins, particularly XRP and Solana ETFs, their prices are rising. Adding to the bullish narrative is XRP’s technical formation of an inverse head-and-shoulders pattern, signaling a potential price target between $3.00 and $3.10. This upward trend is reinforced by both strong institutional interest and favorable technical signals. This bullish outlook for XRP is also underscored by recent events in Ripple’s notable long-time legal fight against the U.S. Securities and Exchange Commission (SEC). Ripple and the SEC have petitioned the court for a settlement that would reduce Ripple’s financial obligation from an initial $125 million to just $50 million. This development concludes a legal battle that has been ongoing since 2020, resolving much regulatory uncertainty for XRP’s future. Investor confidence has also been boosted due to macroeconomic developments, especially from a trade agreement between the U.S. and the U.K., which has positively impacted the market sentiment on traditional equities and cryptocurrencies. In addition, Bitcoin’s recent break of $104,000 plus the 26% surge of Ethereum further strengthens the optimism for XRP. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.