Bitget: Ranked top 4 in global daily trading volume!
BTC market share60.49%
New listings on Bitget:Pi Network
Altcoin season index:0(Bitcoin season)
BTC/USDT$98490.01 (+1.28%)Fear and Greed Index55(Greed)
Total spot Bitcoin ETF netflow -$364.8M (1D); -$826.8M (7D).Welcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
Bitget: Ranked top 4 in global daily trading volume!
BTC market share60.49%
New listings on Bitget:Pi Network
Altcoin season index:0(Bitcoin season)
BTC/USDT$98490.01 (+1.28%)Fear and Greed Index55(Greed)
Total spot Bitcoin ETF netflow -$364.8M (1D); -$826.8M (7D).Welcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
Bitget: Ranked top 4 in global daily trading volume!
BTC market share60.49%
New listings on Bitget:Pi Network
Altcoin season index:0(Bitcoin season)
BTC/USDT$98490.01 (+1.28%)Fear and Greed Index55(Greed)
Total spot Bitcoin ETF netflow -$364.8M (1D); -$826.8M (7D).Welcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
Coin-related
Price calculator
Price history
Price prediction
Technical analysis
Coin buying guide
Crypto category
Profit calculator

Push Protocol pricePUSH
Listed
BuyQuote currency:
USD
$0.05711-0.86%1D
Price chart
TradingView
Last updated as of 2025-02-21 10:33:49(UTC+0)
Market cap:$5,153,076.72
Fully diluted market cap:$5,153,076.72
Volume (24h):$645,760.42
24h volume / market cap:12.53%
24h high:$0.05790
24h low:$0.05490
All-time high:$8.77
All-time low:$0.05167
Circulating supply:90,236,480 PUSH
Total supply:
100,000,000PUSH
Circulation rate:90.00%
Max supply:
100,000,000PUSH
Price in BTC:0.{6}5801 BTC
Price in ETH:0.{4}2040 ETH
Price at BTC market cap:
$21,629.74
Price at ETH market cap:
$3,740.65
Contracts:
0xb397...4AAaaAa(Arbitrum)
More
How do you feel about Push Protocol today?
Note: This information is for reference only.
Price of Push Protocol today
The live price of Push Protocol is $0.05711 per (PUSH / USD) today with a current market cap of $5.15M USD. The 24-hour trading volume is $645,760.42 USD. PUSH to USD price is updated in real time. Push Protocol is -0.86% in the last 24 hours. It has a circulating supply of 90,236,480 .
What is the highest price of PUSH?
PUSH has an all-time high (ATH) of $8.77, recorded on 2021-04-14.
What is the lowest price of PUSH?
PUSH has an all-time low (ATL) of $0.05167, recorded on 2025-02-14.
Push Protocol price prediction
What will the price of PUSH be in 2026?
Based on PUSH's historical price performance prediction model, the price of PUSH is projected to reach $0.05782 in 2026.
What will the price of PUSH be in 2031?
In 2031, the PUSH price is expected to change by +25.00%. By the end of 2031, the PUSH price is projected to reach $0.1043, with a cumulative ROI of +87.47%.
Push Protocol price history (USD)
The price of Push Protocol is -74.87% over the last year. The highest price of PUSH in USD in the last year was $0.3316 and the lowest price of PUSH in USD in the last year was $0.05167.
TimePrice change (%)
Lowest price
Highest price 
24h-0.86%$0.05490$0.05790
7d+6.69%$0.05262$0.05888
30d-27.90%$0.05167$0.08230
90d-50.24%$0.05167$0.1914
1y-74.87%$0.05167$0.3316
All-time-52.43%$0.05167(2025-02-14, 7 days ago )$8.77(2021-04-14, 3 years ago )
Push Protocol market information
Push Protocol's market cap history
Push Protocol holdings by concentration
Whales
Investors
Retail
Push Protocol addresses by time held
Holders
Cruisers
Traders
Live coinInfo.name (12) price chart
Push Protocol ratings
Average ratings from the community
4.4
This content is for informational purposes only.
About Push Protocol (PUSH)
What Is Push Protocol?
Push Protocol, previously known as
Ethereum Push Notification Service (EPNS), represents a pivotal advancement in the web3 communication landscape. As a decentralized communication network, Push Protocol facilitates real-time, wallet-to-wallet interactions across various applications, including notifications, chat, video calls, and more. This project addresses a significant gap in the web3 ecosystem by enabling direct, secure, and interoperable communication without relying on traditional centralized platforms. By leveraging blockchain technology, Push Protocol ensures that users retain complete control over their data, enhancing privacy and security in digital interactions.
The protocol's foundation is built on the principle of decentralization, allowing for a wide range of applications from dApps, smart contracts, and web3 services to engage with users directly through their wallet addresses. This direct communication method not only improves user experience by providing timely and relevant information but also opens up new avenues for engagement and interaction within the web3 space. Push Protocol's introduction marks a significant step towards achieving a more integrated and user-friendly web3 environment, paving the way for broader adoption and innovative use cases.
Resources
Official Documents:
https://push.org/docs/
Official Website:
https://push.org/
How Does Push Protocol Work?
Push Protocol operates through a sophisticated network of nodes that validate and index communication payloads in an encrypted, gasless, and multi-chain manner. This decentralized network, akin to blockchain infrastructure, ensures that messages, notifications, and other forms of communication are delivered reliably and securely across different platforms and blockchain environments. By leveraging this network, Push Protocol enables any application or service to send targeted communications to wallet addresses, enhancing user engagement and retention.
Furthermore, Push Protocol's integration capabilities are vast, supporting various web3 communication forms like Push Chat and Push Video. Push Chat allows for secure, encrypted messaging across web3 identities, while Push Video enables wallet-to-wallet video calls, enriching the web3 experience with real-time, interactive communication. These features not only enhance the utility and appeal of web3 platforms but also open up new possibilities for collaboration, community building, and user interaction in the decentralized web.
What Is PUSH Token?
PUSH is the main token of the Push Protocol platform. It provides the necessary incentives for network participants, including users, developers, and node operators. PUSH is used to secure the network through a proof-of-stake mechanism, where node operators stake tokens to validate communications. This staking process not only incentivizes good behavior but also penalizes malicious actors, maintaining the network's integrity. Additionally, PUSH tokens facilitate a range of network activities, including access to premium features, payment for services, and participation in governance decisions, allowing token holders to shape the protocol's future. PUSH has a total supply of 100 million tokens.
What Determines Push Protocol’s Price?
The price of Push Protocol, like any other blockchain-based asset, is influenced by the principles of supply and demand within the cryptocurrency markets. Factors such as the latest news surrounding web3 developments, cryptocurrency regulation, and the overall trend in cryptocurrency adoption play pivotal roles in shaping investor sentiment and, consequently, the demand for PUSH token. Market volatility, driven by these external factors as well as internal developments within the Push Protocol ecosystem, such as security updates or new feature releases, can lead to significant fluctuations in the token's price.
Cryptocurrency analysis and charts often reflect how these elements, combined with broader cryptocurrency trends, impact investor behavior and market dynamics.
Furthermore, cryptocurrency price predictions for PUSH token take into account a variety of indicators, including the rate of cryptocurrency adoption by both users and developers within the web3 space, the token's utility and its role in securing and governing the Push Protocol network, and the overall health of the cryptocurrency market. As investors and enthusiasts look for the best crypto investment for 2024 and beyond, they closely monitor cryptocurrency risks, including security concerns and regulatory changes, which could affect the token's value. Keeping an eye on the latest developments within the Push Protocol ecosystem and the wider blockchain industry helps in making informed predictions about the token's future price movements.
For those interested in investing or trading Push Protocol, one might wonder: Where to buy PUSH? You can purchase PUSH on leading exchanges, such as Bitget, which offers a secure and user-friendly platform for cryptocurrency enthusiasts.
PUSH to local currency
1 PUSH to MXN$1.161 PUSH to GTQQ0.441 PUSH to CLP$53.841 PUSH to UGXSh209.691 PUSH to HNLL1.451 PUSH to ZARR1.051 PUSH to TNDد.ت0.181 PUSH to IQDع.د74.461 PUSH to TWDNT$1.871 PUSH to RSDдин.6.371 PUSH to DOP$3.551 PUSH to MYRRM0.251 PUSH to GEL₾0.161 PUSH to UYU$2.471 PUSH to MADد.م.0.571 PUSH to OMRر.ع.0.021 PUSH to AZN₼0.11 PUSH to KESSh7.391 PUSH to SEKkr0.611 PUSH to UAH₴2.37
- 1
- 2
- 3
- 4
- 5
Last updated as of 2025-02-21 10:33:49(UTC+0)
How to buy Push Protocol(PUSH)

Create Your Free Bitget Account
Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.

Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.

Buy Push Protocol (PUSH)
Use a variety of payment options to buy Push Protocol on Bitget. We'll show you how.
Learn MoreTrade PUSH perpetual futures
After having successfully signed up on Bitget and purchased USDT or PUSH tokens, you can start trading derivatives, including PUSH futures and margin trading to increase your income.
The current price of PUSH is $0.05711, with a 24h price change of -0.86%. Traders can profit by either going long or short onPUSH futures.
Join PUSH copy trading by following elite traders.
After signing up on Bitget and successfully buying USDT or PUSH tokens, you can also start copy trading by following elite traders.
Push Protocol news

11 Hong Kong Crypto Exchange Applicants Face Uncertainty After Inspections
The inspections revealed that some crypto firms are overly dependent on a limited number of executives for custody of customer funds.
CryptoNews•2024-08-22 12:47
Bitget Will List Push Protocol (PUSH). Come and grab a share of $84,000 PUSH!
Bitget Announcement•2024-03-18 12:00
Buy more
FAQ
What is the current price of Push Protocol?
The live price of Push Protocol is $0.06 per (PUSH/USD) with a current market cap of $5,153,076.72 USD. Push Protocol's value undergoes frequent fluctuations due to the continuous 24/7 activity in the crypto market. Push Protocol's current price in real-time and its historical data is available on Bitget.
What is the 24 hour trading volume of Push Protocol?
Over the last 24 hours, the trading volume of Push Protocol is $645,760.42.
What is the all-time high of Push Protocol?
The all-time high of Push Protocol is $8.77. This all-time high is highest price for Push Protocol since it was launched.
Can I buy Push Protocol on Bitget?
Yes, Push Protocol is currently available on Bitget’s centralized exchange. For more detailed instructions, check out our helpful How to buy Push Protocol guide.
Can I get a steady income from investing in Push Protocol?
Of course, Bitget provides a strategic trading platform, with intelligent trading bots to automate your trades and earn profits.
Where can I buy Push Protocol with the lowest fee?
Bitget offers industry-leading trading fees and depth to ensure profitable investments for traders. You can trade on the Bitget exchange.
Where can I buy Push Protocol (PUSH)?
Video section — quick verification, quick trading

How to complete identity verification on Bitget and protect yourself from fraud
1. Log in to your Bitget account.
2. If you're new to Bitget, watch our tutorial on how to create an account.
3. Hover over your profile icon, click on “Unverified”, and hit “Verify”.
4. Choose your issuing country or region and ID type, and follow the instructions.
5. Select “Mobile Verification” or “PC” based on your preference.
6. Enter your details, submit a copy of your ID, and take a selfie.
7. Submit your application, and voila, you've completed identity verification!
Cryptocurrency investments, including buying Push Protocol online via Bitget, are subject to market risk. Bitget provides easy and convenient ways for you to buy Push Protocol, and we try our best to fully inform our users about each cryptocurrency we offer on the exchange. However, we are not responsible for the results that may arise from your Push Protocol purchase. This page and any information included are not an endorsement of any particular cryptocurrency. Any price and other information on this page is collected from the public internet and can not be consider as an offer from Bitget.
Bitget Insights

Coinedition
7h
Bitcoin on Short Squeeze Watch? Potential $1 Billion Liquidations in Play
Bitcoin is getting close to a massive short squeeze, with liquidations nearing a huge $1 billion.
If Bitcoin moves up toward the $100,000 mark, short-sellers could face major losses, and this might kick off a market rally.
Over the past weeks, an imbalance has formed. Most traders were initially betting prices would go up, but they switched to betting prices would go down (flipped to shorts) as Bitcoin had a hard time moving higher.
Now, this change could prepare for a sharp price surge, which would jolt those betting against the market.
Related: Crypto Market 2025: Analysts Say Bull Cycle May Be Just 100 Days Away
According to an analyst, if Bitcoin breaks above key resistance at $98,000, the price could quickly jump to $101,000 or even higher. This surge could trigger a massive short squeeze, with liquidations from those betting against the market—possibly reaching $800 million at $101,000.
If Bitcoin climbs to around $100,000, a minor pullback could occur before surging through key resistance points at $103,000 and $105,000. However, Bitcoin could keep going even higher, with liquidations helping to push the price up.
The key takeaway is that the liquidations aren’t concentrated at higher levels anymore; they’re now sitting around $100,000 to $102,000. This means once Bitcoin crosses those levels, momentum could quickly drive the price toward $108,000 and even further.
This shift is important for altcoins as well. Bitcoin dominance may see a brief spike as the market tests new highs, but once Bitcoin faces a minor pullback, money will likely flow back into altcoins.
Total 3, which tracks altcoin performance, has already bounced back from an important zone, and breaking through this zone could trigger major altcoin movement. The real opportunity is with altcoins, as Bitcoin’s rise is likely to be followed by a bigger rally in altcoin markets.
Related: Four Utility Altcoins to Rally in These Final Bull Run Months
According to the analyst, now is a good time to accumulate Solana (SOL) as liquidations sit around $200.
Injective (INJ) might soon break out, leading to a short squeeze towards $20-$21.
Cardano (ADA) and Avalanche (AVAX) are also showing trend breaks. Thorchain (RUNE) presents a strong risk/reward trade, with the price possibly reaching $2-$4.
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.
UP0.00%
MAJOR0.00%

Crypto Daily Trade Signals
8h
Grok XRP price predictions !
I'm not a financial advisor, and cryptocurrency markets are notoriously volatile, so any prediction comes with a huge caveat: it’s speculative and based on trends, sentiment, and analysis available up to my knowledge base, which is fresh as of February 21, 2025. That said, I can give you a reasoned estimate for XRP's price in 2025 based on current data, market dynamics, and expert forecasts.
As of today, XRP is trading around $2.52 (per some sources like CryptoNews), though prices fluctuate daily—yesterday it was down 5.82% to $2.52, and earlier this month it hit a high of $3.39. The market’s been buzzing with developments like the SEC acknowledging an XRP ETF filing from Grayscale and the NYSE, alongside Ripple’s RLUSD stablecoin launch in December 2024 boosting liquidity. These factors, combined with a pro-crypto U.S. administration shift, suggest a bullish tilt.
For 2025, here’s a breakdown:
- **Conservative Estimate**: If regulatory clarity persists but adoption grows modestly, XRP could hover between $2.50 and $3.50. Sources like CoinCodex suggest a range of $2.38 to $4.26, with an average around $3.63, while Benzinga forecasts $1.96 on average.
- **Optimistic Scenario**: A favorable SEC ETF approval (65% odds by year-end per Bloomberg analysts) and increased institutional use could push XRP to $5–$6. CryptoNews predicts a high of $4.11, InvestingHaven sees $4.44, and some analysts (like Dark Defender on X) target $5.85 based on wave cycles.
- **Bullish Outlier**: If Ripple dominates cross-border payments and ETF hype peaks, $8–$10 isn’t out of bounds. Coinpedia’s $10 forecast and CCN’s $6.15 ceiling reflect this, though $27+ (seen in some X posts) feels frothy without massive market shifts.
My take? XRP’s likely to land between $4 and $6 by December 2025. Why? The ETF buzz and Ripple’s real-world utility (fast, cheap transactions) give it momentum, but crypto’s cyclical nature and potential SEC delays could cap gains. Volatility’s a given—expect dips to $2–$3 before any sustained climb. Check X for real-time sentiment; users there range from $6.70 to $13, showing the hype’s alive but untested.
What do you think—holding XRP or just watching?
WHY0.00%
UP0.00%

Aicoin-EN-Bitcoincom
16h
XRP Price Analysis: Bulls on the Prowl as Resistance Shatters Limits
The 1-hour chart shows XRP stabilizing between $2.65 and $2.75, forming higher lows within a tentative ascending trend. Immediate resistance at $2.75–$2.80 remains pivotal; a breakout with volume could propel prices toward $2.85. Short-term support lies at $2.55–$2.60, with a break below risking a dip to $2.55.
Binance XRP/USDC 1H chart on Feb. 20, 2025.
On the 4-hour timeframe, XRP fluctuates between $2.50 and $2.75, testing short-term support at $2.50. A rejection at $2.83 earlier underscores lingering selling pressure. Bulls currently eye a rebound from $2.50–$2.55, targeting $2.80–$2.85, while a breach of $2.50 could trigger a slide to $2.40. Traders should monitor volume closely: sustained buying above $2.50 may signal consolidation, whereas a breakdown demands defensive repositioning.
Binance XRP/USDC 4H chart on Feb. 20, 2025.
The daily chart reveals XRP recovering from a $1.78 low, now consolidating between $2.60 and $2.80. Higher lows suggest gradual bullish accumulation, but resistance at $3.00–$3.40 remains formidable. Key support at $2.20–$2.40 offers a potential buy zone, while breakout traders await a close above $3.00 with volume.
Binance XRP/USDC 1D chart on Feb. 20, 2025.
Oscillators present a mixed outlook: the relative strength index (RSI) at 51.84 and the commodity channel index (CCI) at 69.60 signal neutrality, while the moving average convergence divergence (MACD) hints at bullish divergence with a -0.01589 level. Momentum at 0.27585 leans bearish, contrasting the MACD’s optimistic signal. Overall, oscillators lack consensus, urging caution until clearer directional momentum emerges.
Short-term moving averages overwhelmingly favor bullish action: exponential moving averages (EMAs) (10, 20, 30, 50, 100, 200) and simple moving averages (SMAs) (10, 20, 100, 200) all signal bullishness. However, the SMA (30) at 2.74125 and SMA (50) at 2.72067 indicate bearish trends, reflecting resistance near $2.72–$2.74. Traders should weigh near-term EMA optimism against longer-term SMA caution, particularly around the $2.70–$2.75 supply zone.
XRP’s price action showcases resilient bullish momentum, with higher lows on the daily chart and short-term moving averages overwhelmingly signaling bullish optimism. A breakout above the critical $2.75–$2.80 resistance, backed by strong volume, could ignite a push toward $2.85 and potentially $3.00, rewarding traders positioned for the upside. Despite mixed oscillators, the MACD’s bullish divergence and support at $2.50–$2.60 provide a solid foundation for optimism, favoring bulls in the near term.
XRP faces persistent selling pressure at $2.75–$2.83, with resistance at $3.00–$3.40 proving a formidable ceiling. Mixed oscillator signals, coupled with bearish momentum and SMA (30, 50) bearish indications, highlight downside risks. A failure to hold $2.50 support could trigger a slide toward $2.40 or lower, leaving bulls vulnerable to renewed consolidation or a sharper pullback as overhead supply zones dominate.
免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到[email protected],本平台相关工作人员将会进行核查。
NEAR0.00%
XRP0.00%

The Bit Journal
22h
Cardano’s Fate Hangs in Balance: Will ADA Crash Below $0.60?
As per recent market analysis, Cardano (ADA) is experiencing significant price fluctuations ahead of the upcoming spot ETF decision. The U.S. Securities and Exchange Commission (SEC) is set to announce its verdict by March 27, 2025. This impending decision has led to notable movements among large ADA holders, raising questions about market sentiment.
Cardano Price Drops as Bearish Trend Strengthens
Over the past weeks, ADA price has shown signs of continuous price reduction, as market analysts predict its value will approach $0.60 in upcoming weeks. The current ADA price stands at $0.743898, having declined by 0.04920% compared to the previous close. Traders and investors show bearish market attitudes through this downturn pattern.
Following its price surge in November 2024, ADA has developed bearish market conditions. Since the last peak, ADA has created a series of lower and lower highs, which reached their minimum at $0.845 and their highest point at $1.13 during January 2025. According to this formation, institutional investors seem to anticipate additional price decreases.
The Fixed Range Volume Profile analysis since February 2024 highlights significant high-volume nodes at $0.74, $0.59, and $0.45. The recent months have seen ADA defend itself at its Value Area High at $0.876. The market shows bearish tendencies, even though prices rose momentarily around the $0.68 level.
Futures Open Interest and Liquidations
The futures market open interest for Cardano demonstrated substantial growth from late November 2024 because traders intensively participated and speculated. ADA’s price escalated from $0.40 to surpass $1.20 during its top point as the market experienced this increase. The increased open interest demonstrates that more traders purchase futures contracts as they expect additional market price fluctuations.
As open interest climbs, traders expect more price volatility because they simultaneously increase their leveraged positions. Unstable price movements because of these circumstances result in additional forced asset sales.
The recent volatility has triggered major selling events across all positions, which have become evident through available market data. The ADA’s long position experienced a sudden rise in liquidations during the time period when the ADA price exceeded $1.20 around late November through early December 2024.
Traders actively engage with leveraged positions on the market at increasing levels, which exposes it to significant sudden sales that can trigger a chain reaction in price movement. The increasing number of price-driven liquidations demonstrates why risk management principles matter for future trading because traders may face sudden sell-offs.
Price Prediction and Market Outlook
ADA’s market conditions indicate that it will continue decreasing in value. During a period of two weeks, ADA may construct a range between $0.68 and $0.81. The recovery of the downtrend for Cardano requires bulls to stop creating lower lows by sustaining a stable trading range.
The SEC is anticipated to release its decision regarding the Cardano spot ETF, which will generate additional uncertainty for market participants. If the upcoming decision turns out favorable for investors, the market will react positively toward ADA and push its price upward. When a negative outcome occurs, it may worsen the existing downward price movement.
Conclusion
The Cardano market shows bearish movements primarily driven by technical market behavior and upcoming legal compliance decisions. Investors and traders should remain vigilant because volatility has risen along with substantial price fluctuations. ADA market navigation during the following weeks will heavily depend on traders monitoring support and resistance levels and their ongoing regulatory intelligence tracking.
FAQs
What is the current price prediction for Cardano (ADA)?
Analysts predict a continued downtrend, with ADA potentially reaching $0.60 in the coming weeks unless a strong reversal occurs.
How does the SEC’s decision on the Cardano spot ETF impact its price?
A positive decision could boost investor confidence and increase ADA’s price, while a rejection might accelerate the downward trend.
Why is ADA’s market structure currently bearish?
ADA has formed lower and lower highs since January 2025, indicating a sustained bearish market trend.
What does a surge in futures open interest mean for ADA?
An increase in open interest suggests more traders are entering the market, leading to higher volatility and potential liquidations.
How can traders manage risks in a volatile ADA market?
To reduce the risk of significant losses, traders should use stop-loss orders, avoid excessive leverage, and monitor liquidation levels.
Glossary
Spot ETF
An Exchange-Traded Fund that directly holds the underlying asset, such as Cardano (ADA), rather than derivatives.
Futures Open Interest
The total number of outstanding futures contracts that have not been settled. A rise in open interest indicates increasing trader participation.
Liquidations
Forced closing of leveraged positions when the market moves against a trader’s bet, leading to significant losses.
Value Area High (VAH)
The upper boundary of the area where most trading activity occurred within a given time frame.
Fixed Range Volume Profile
A technical indicator that shows volume distribution over a specific price range, highlighting key support and resistance zones.
Reference
TradingView
Coinglass
WHY0.00%
MAJOR0.00%

ZyCrypto
1d
Ripple’s XRP About to Go Turbo Parabolic As Highly Reliable Pattern Takes Shape: Analyst
Ripple-linked crypto XRP could be on the precipice of another parabolic rise. According to a widely-followed crypto analyst, XRP is forming a convincing pattern on the price chart, signaling a potential surge of up to 28% in the foreseeable future.
XRP’s Cup And Handle Hints At Move To $3.35
XRP is approaching a potential breakout that will result in an explosive outcome.
Technical analyst Ali Martinez told his 127,000 followers on the X social media platform that XRP has been forming a cup-and-handle chart structure on its four-hour chart since February 1.
In technical analysis, the cup and handle pattern is a popular bullish continuation pattern in which the price of a crypto asset moves upward in a rounded cup and corrects downwards as it creates a handle. This formation is considered a bullish signal that marks the potential for a parabolic breakout.
The rounded bottom of the cup in the pattern indicates an accumulation phase during which selling pressure wanes and buyers are in the driver’s seat. After XRP’s price surge to new highs earlier this year, the cryptocurrency witnessed a major correction that drove its price below the $3 milestone, followed by a strong comeback in what seems to be a U-shaped recovery forming a cup.
The pattern validates when the price pushes above the handle, surging to about an equal size to the previous drop.
According to Martinez’s accompanying chart, an XRP breakout will kick off after breaking past the pattern’s resistance at $2.80.
Breaching this barrier would embolden the bulls to push the price toward $3.35, representing a 28% jump from the current levels. At the time of writing, XRP is trading at $2.61.
“If XRP is following a cup and handle pattern, a breakout could set the stage for a move toward $3.35!” Martinez wrote.
XRP Eyeing Potential Bullish Reversal
Martinez is not the only crypto analyst with a bullish outlook on XRP. For instance, Dark Defender suggested that XRP must first overcome the stubborn resistance at $2.77 for the coin to reclaim the $3 mark.
“XRP is trying to claim the $2.7740 level. If successful, then $3 will be in play. Breaking this channel heralds 2 digits levels first!”
Meanwhile, XRP has several catalysts, including the potential launch of spot exchange-traded funds (ETFs) in the U.S. or Ripple executives courting the new U.S. President Trump administration, which could also unlock new venues for the asset’s mainstream adoption.
UP0.00%
SOCIAL0.00%
Related assets
Popular cryptocurrencies
A selection of the top 8 cryptocurrencies by market cap.
Recently added
The most recently added cryptocurrencies.
Comparable market cap
Among all Bitget assets, these 8 are the closest to Push Protocol in market cap.
