TL;DR
Rippleās XRP passed through enhanced turbulence in the past few days. Over the weekend, its price pumped to almost $2.60 but the start of the business week offered pain for the bulls. On January 13, XRP followed the broader decline of the cryptocurrency market and dipped below $2.40. The last 24 hours, though, witnessed a substantial resurgence and the asset is currently worth $2.53 (per CoinGeckoās data).
XRP Price, Source: CoinGecko
According to many industry participants, XRP has much more room for growth in the near future due to some key upcoming factors. Some of those include Donald Trumpās inauguration as Americaās 47th President and the resignation of the SECās Chairman Gary Gensler. The Republican has shown a pro-crypto stance during his presidential campaign, while the agencyās leader is considered a huge enemy of the digital asset sector.
Other market observers envisioning an incoming price pump include CRYPTOWZRD and WSB Trader Rocko. The former claimed XRP āhas flipped previous resistance to supportā of around $2 and is now ready to jump to a new all-time high of $4 and then $8. They said such a scenario would mimic the pre-bull run in 2017 and the subsequent rally the following year.
For their part, WSB Trader Rocko referred to XRPās price chart as āthe most bullish in crypto.ā According to them, Rippleās recent introduction of its stablecoin (RLUSD) and the companyās potential connections with Donald Trumpās future administration could drive the token to reach new peaks.
Shiba Inu has recently taken the main stage due to a major development related to its ecosystem. As CryptoPotato previously reported, the meme coin TREAT (which is designed to enhance utility and engagement across the networkās projects) is scheduled to go live today (January 14).
The leading cryptocurrency exchanges that have already embraced the token include KuCoin, Gate.io, Bitget, MEXC Exchange, and others. Some of those have even announced special airdrops to users.
Gate.io has promised to distribute 1,000,000 TREAT, KuCoin will airdrop 3,000,000 coins, while Bitget users will split 87,450,000 tokens.
Those willing to apply for the offer should create an account at the aforementioned platforms. Then, they must visit Shiba Inuās official website, provide a user ID, and deposit the designated address. Once those details are submitted, the accounts will be whitelisted and āready to receive TREAT tokens.ā
Last but not least, we will focus on the primary cryptocurrency, whose price swings have been more than evident lately. BTC started the week trading at approximately $95,000. Shortly after, though, the bears suppressed the valuation below $90,000, the lowest point observed in two months.
However, the bulls have recovered much of the lost ground in the past several hours, with BTC currently trading just south of $95K.
BTC Price, Source: CoinGecko
The price resurgence coincides with some optimistic forecasts coming from industry participants. Bitwise CEO Hunter Horsley, for one, said 2025 could be the year for Bitcoin and crypto, which has āso many tailwinds and so few headwinds.ā
Those willing to explore additional price predictions and check whether now is a good time to hop on the bandwagon as investors can take a look at our dedicated video below:
The post Bullish Ripple (XRP) Price Predictions, Upcoming Shiba Inu (SHIB) Developments, and More: Bits Recap Jan 14 appeared first on CryptoPotato.
- Ripplesās (XRP) price rebounded to $2.53 after recent volatility, with analysts predicting further growth fueled by Donald Trumpās inauguration, SEC leadership changes, and Rippleās stablecoin launch.
- Shiba Inuās TREAT token goes live today, with major exchanges like KuCoin and Gate.io offering airdrops to incentivize user engagement within the ecosystem.
- Bitcoin (BTC) recovered from a drop below $90,000 to near $95,000, with industry leaders forecasting strong momentum for the cryptocurrency in 2025.
XRP Price Explosion in the Making?
Rippleās XRP passed through enhanced turbulence in the past few days. Over the weekend, its price pumped to almost $2.60 but the start of the business week offered pain for the bulls. On January 13, XRP followed the broader decline of the cryptocurrency market and dipped below $2.40. The last 24 hours, though, witnessed a substantial resurgence and the asset is currently worth $2.53 (per CoinGeckoās data).
XRP Price, Source: CoinGecko
According to many industry participants, XRP has much more room for growth in the near future due to some key upcoming factors. Some of those include Donald Trumpās inauguration as Americaās 47th President and the resignation of the SECās Chairman Gary Gensler. The Republican has shown a pro-crypto stance during his presidential campaign, while the agencyās leader is considered a huge enemy of the digital asset sector.
āXRP is gonna make a big move on January 20 because of Trump taking office and Gary Gensler resigning,ā one popular X user predicted.
Other market observers envisioning an incoming price pump include CRYPTOWZRD and WSB Trader Rocko. The former claimed XRP āhas flipped previous resistance to supportā of around $2 and is now ready to jump to a new all-time high of $4 and then $8. They said such a scenario would mimic the pre-bull run in 2017 and the subsequent rally the following year.
For their part, WSB Trader Rocko referred to XRPās price chart as āthe most bullish in crypto.ā According to them, Rippleās recent introduction of its stablecoin (RLUSD) and the companyās potential connections with Donald Trumpās future administration could drive the token to reach new peaks.
TREAT on the Way
Shiba Inu has recently taken the main stage due to a major development related to its ecosystem. As CryptoPotato previously reported, the meme coin TREAT (which is designed to enhance utility and engagement across the networkās projects) is scheduled to go live today (January 14).
The leading cryptocurrency exchanges that have already embraced the token include KuCoin, Gate.io, Bitget, MEXC Exchange, and others. Some of those have even announced special airdrops to users.
Gate.io has promised to distribute 1,000,000 TREAT, KuCoin will airdrop 3,000,000 coins, while Bitget users will split 87,450,000 tokens.
Those willing to apply for the offer should create an account at the aforementioned platforms. Then, they must visit Shiba Inuās official website, provide a user ID, and deposit the designated address. Once those details are submitted, the accounts will be whitelisted and āready to receive TREAT tokens.ā
BTC Price Outlook
Last but not least, we will focus on the primary cryptocurrency, whose price swings have been more than evident lately. BTC started the week trading at approximately $95,000. Shortly after, though, the bears suppressed the valuation below $90,000, the lowest point observed in two months.
However, the bulls have recovered much of the lost ground in the past several hours, with BTC currently trading just south of $95K.
BTC Price, Source: CoinGecko
The price resurgence coincides with some optimistic forecasts coming from industry participants. Bitwise CEO Hunter Horsley, for one, said 2025 could be the year for Bitcoin and crypto, which has āso many tailwinds and so few headwinds.ā
Those willing to explore additional price predictions and check whether now is a good time to hop on the bandwagon as investors can take a look at our dedicated video below:
The post Bullish Ripple (XRP) Price Predictions, Upcoming Shiba Inu (SHIB) Developments, and More: Bits Recap Jan 14 appeared first on CryptoPotato.