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XRP price continues to slowly form a bullish pennant chart pattern as expectations of the Securities and Exchange Commission approving a Ripple ETF rise. Ripple XRP XRP 1.93% XRP price was trading at $2.2 after falling 25% from its highest point this year, meaning it remains in a bear market. One of the biggest XRP catalysts is the rising optimism that the SEC will approve a spot Ripple ETF in 2025. Companies like Bitwise, Canary Capital, 21Shares, and WisdomTree have already submitted their XRP ETF proposals. There are rising odds that other companies like Fidelity, Blackrock, and Ark Invest will file their XRP ETFs because of its scale and their success in Bitcoin and Ether ETFs. Blackrock has accumulated over $52 billion in Bitcoin (BTC) and $3.54 billion in Ethereum (ETH) funds. If this happens, the XRP price could surge, as we saw with Bitcoin and Ethereum ETFs earlier this year. The hopes for a Ripple ETF rose after Donald Trump won the general election in November. He has already nominated Paul Atkins to be the next SEC chair, a move that will introduce major regulatory changes. Analysts expect a few major ETF approvals in 2024. The XRP price will likely do well as the XRP Ledger and the RLUSD stablecoin continue to gain market share. According to CoinMarketCap, the RLUSD has gained over $53 million in market cap a few weeks after launch. XRP price forecast:$XRP Ripple price peaked at $2.90 in December and has retreated by 25% from its highest point this year. It has remained above the 50-day and 100-day Exponential Moving Averages, a sign that the uptrend is continuing. Most importantly, the XRP price is in a consolidation mode and is forming a bullish pennant pattern. This pattern, which can take a few days or weeks to form, comprises a vertical line, a flag pole, and a symmetrical triangle. It will be confirmed that the ripple’s pennant remains inside the two triangle sides. Therefore, the XRP token will likely have a strong bullish breakout in the next few weeks as ETF odds rise. If this happens, the next key level to watch will be at $2.90, the highest point this year, which is about 35% above the current level. A surge above that price will push it to $3 and potentially to $5 .

PEPE bulls have managed to defend the $0.0001711-level. The OBV revealed that selling pressure was not overwhelming, despite the swift losses of the past three weeks. In fact, it has stayed above the highs from May, revealing that a recovery is more likely than more losses. According to Lookonchain‘s latest update on X (formerly Twitter), a whale who sold their holdings during the market drop has been accumulating the memecoin once again. This reflected faith in the bulls’ ability to recover. On the 3-day chart, PEPE’s price action had a bearish tinge. The structure favored the sellers because of the trading session close at $0.00001705 on 17 December, below the former higher low at $0.00001729 set on 26 November. To the north, the $0.00001974-$0.00002259 zone represented a fair value gap that could be filled. Hence, a bounce to $0.00002-$0.0000225 can be expected in the coming days. The PEPE memecoin rally in April saw a retracement to the 78.6% level 3 months after forming a new high in late May. If it takes a similar course this time, it could fall to the $0.00001067-level in the coming weeks before it recovers. However, the similarities need not play out exactly. Market conditions are completely different right now. From March to October, Bitcoin [BTC] was on a steady downtrend, consolidating within a descending channel. In recent weeks, it has tested the $100k-level multiple times, hit a new high at $108k, before retracing alongside the stock market in the third week of December. Therefore, the coming weeks are more likely to be more bullish for PEPE. We might not see a deeper retracement to the 78.6% level at $0.00001067. We can expect a move towards $0.0000144 and a few weeks of lower highs and consolidation, before the meme bursts higher, targeting $0.000042 and beyond.$PEPE

The 1-hour BGB chart highlights the continuation of its bullish Elliott Wave structure, transitioning from Wave 4 into Wave 5. Wave 4 formed a symmetrical triangle, and its breakout above $4.30 marked a decisive move above $6.77, the 1.618 Fibonacci extension level

The parabolic nature of the last move reflects robust market confidence but raises concerns about the sustainability of the trend. The Relative Strength Index (RSI) reinforces these signals, as it indicates overbought conditions, especially in Wave 5. While the lack of major corrections throughout the rally suggests sustained demand, it also heightens the risk of sharp reversals if momentum falters. Caution is advised as extreme bullish trends are often followed by periods of consolidation or retracement

$PEPE /USDT Breakout Alert – Major Move on the Horizon.. Must buy $PEPE at this time and will get good profit again .. Next Target $0.000022 and put Stop loss at $0.00001800 PEPE is showing strong momentum, currently trading at $0.00001887 with a 6.79% gain and testing the critical resistance at $0.00001891. A confirmed breakout above this level could ignite a bullish rally, targeting $0.00001950 and potentially higher toward $0.00002020 and $0.00002100. However, traders should keep an eye on the support at $0.00001766, as a drop below this could signal a pullback. With significant trading volume of 10.18T PEPE, this is a prime opportunity to capitalize on the next big move. Use tight stop losses and enter only on breakout confirmation to maximize profits. #pepe #PEPE‏ #pepe⚡