NewsBTC

17 April 2025

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XRP Declared Strongest Chart in Crypto Market by Analyst

Crypto market analyst Dr Cat (@DoctorCatX) identifies XRP as the strongest asset in the crypto market, based on Ichimoku Cloud analysis. Key points include:

• XRP/USD shows full bullish structure within the Ichimoku framework.
• Current price at $2.09688, consolidating above the Kijun-Sen line for multiple weeks.
• The Ichimoku cloud indicates trend strength with a rising Senkō Span A.
• In contrast, BTC/USD appears weaker, trading at $84,940 and has lost the Kijun-Sen support, indicating bearish signals.
• Dr Cat notes several altcoins, including ETH, are in a bear market while XRP remains strong.
• Medium-term target for XRP set at $4.50, with potential for a breakout beyond the previous all-time high of $3.84.

Additionally, XRP has outperformed ETH for five consecutive months, a record streak, gaining over 264% during this period. Current XRP trading price is $2.09.