In a stirring reveal, renowned crypto strategist DonAlt, celebrated for his insightful Bitcoin (BTC) and altcoin predictions, shares exhilarating prospects for XRP. Holding a significant influence over his 646,600 followers on the social media platform X, DonAlt asserts that XRP might skyrocket past its current record $3.40 if it decisively closes its weekly chart in the green above $2.59.

“Close this weekly green and I’ll expect new ATHs (all-time highs) in no time. Red and I’d expect some more ranging in the indicated range. I like ATHs better than ranging so pump it into the weekend please,” he noted, injecting anticipation into the crypto community. As of now, XRP trades at $2.36, marking a 1.5% increase in just 24 hours.

Expanding his analysis further, DonAlt highlights the increasing significance of Bitcoin linking it to the surging gold markets, positioning BTC as a contemporary “digital gold.” The BTC/gold ratio stands at a considerable 33, suggesting Bitcoin’s potential for growth in light of gold’s rise. His tweet underpins this view: “Hard to be bearish BTC when gold is going up. Gold is stupid, BTC is less stupid. Just on a relative basis, the BTC/gold ratio should be much higher…”

Despite prevailing negative market sentiments, DonAlt commends Bitcoin’s ability to uphold substantial support levels, a bullish sign for the crypto community. Additionally, he identifies another critical milestone: Bitcoin might achieve new all-time highs upon converting the $101,303 resistance on its daily chart into support. Presently, BTC is holding ground at $95,977 with no significant fluctuations recorded for the day.

As crypto enthusiasts monitor these dynamic market changes, don’t miss out on staying ahead in the financial revolution. Subscribe to receive real-time updates directly in your inbox and join the conversation across X, Facebook, and Telegram. Please note, investing in cryptocurrencies is speculative and entails risks. Be sure to exercise due diligence.

Stay informed, innovate, and navigate the evolving landscape of digital finance with us. For more in-depth analysis and the latest headlines, explore The Daily Hodl.

*Disclaimer: The above article does not constitute financial advice.*

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