The post Ahead of the Yearly Close Here Are Targets for BTC, ETH, and XRP & the Top 10 Cryptos for Q1 2025 appeared first on Coinpedia Fintech News
The final quarter, specifically the last few weeks of the year, has historically been extremely bullish for Bitcoin and the entire crypto market. The BTC price remained incremental but intensified its bullish action in November. As a result, the bulls jumped in action, triggering the primitive tokens within the top 10, which remained sluggish for a pretty long time. However, these tokens have woken up after a pretty long consolidation and hence, after a bullish close for the year, they could find fresh ATH in Q1 2025.
Bitcoin (BTC)
Bitcoin is tightly consolidating below the resistance zone between $99,273 and $98,577 after facing a small pullback each time after surpassing the levels. However, the technicals remain bullish, with the RSI sticking to the upper threshold. Besides, the MACD is bearish while the selling volume is lower than expected. Therefore, once the upward pressure eases, the BTC price is expected to revamp a strong rise and mark highs around $135,000 in Q1 2025.
Ethereum (ETH)
Ethereum closely follows the star token but the bulls seem to have exerted more pressure on the second-largest token. The price has been consistently rising without leaving any scope for a horizontal consolidation. Besides, the volume has also surged to a large extent, suggesting a notable rise in trading activity. However, $4000 remains the prime range to achieve, after which the bulls could push the price towards a new ATH above $5000, peaking the bull run above $7000 in the coming quarter.
Ripple (XRP)
After trading within a tight consolidation phase for over 24 months, the XRP price broke out of the range. The speculated closure to the Ripple vs. SEC lawsuit in favour of the company is expected to be a major catalyst, along with another couple of them. The selling pressure has compressed the price and hence it is expected to ease off very soon. With this, a fresh breakout may push the price beyond the current ATH and mark highs close to $5 in 2025.
BinanceCoin (BNB)
Ever since the token broke out in 2021, it has been volatile regardless of the volume induced. As a result, the price ranged without excess noise, which prevented unnecessary bearish attention. As a result, the BNB price breached above $700 and is on its way to mark a milestone above $1000. Although bears are vigilant, the bulls could eventually peak the rally around $1370.
Cardano (ADA)
After the recent 250% rise, the market participants appear to have become slightly sure of the upcoming price action. As the token displayed sluggish behaviour for a long time frame, the bulls are now expected to exert their accumulated strength. Therefore, the ADA price, which reclaimed $1 after a 24-month horizontal consolidation, is expected to test its highs above $3 in the first few weeks of 2025. However, the peak of the ongoing bull run could be around $6.2.
Solana (SOL)
Solana is among the tokens that have risen from ashes and formed new highs in a very short time frame. The SOL price remained elevated since the start of 2023 and reached the highs a few days ago. Since then, the bulls have held a strong grip over the rally and are defending the support at $225. The consolidation phase is expected to end soon, paving the way for the token to breach $300 shortly. Meanwhile, the peak of the ongoing upswing is expected to be around $550 to $600.
Dogecoin (DOGE)
The U.S. election results triggered a massive bullish wave across markets, including the DOGE price. The price quickly broke the resistance at $0.15 and led an impressive rise of over 200% to reach above $0.45. Although the bulls are passive, the liquidity flow from the top tokens is expected to initiate a fresh rise in the Dogecoin price that could reach the ATH at $0.73. Meanwhile, the price is expected to surpass the $1 milestone in the first half of Q1 2025 and peak at around $1.47.
Tron (TRX)
The Tron price recorded the most bullish week, with over 115% gains not seen since the 2021 bull run and formed a new ATH at $0.45. The trend remains extremely bullish and hence the upcoming yearly close is believed to be on a bullish note. With this, the price is expected to keep up the bullish trend and peak the prevailing bull run at around $0.85, refraining from reaching the $1 milestone.
