Crypto prices are experiencing a surge following the recent announcement of a 90-day tariff pause by President Trump. This move has ignited optimism in the market, particularly among XRP, HBAR, and XLM investors. These cryptocurrencies are among the top gainers today, with over 15% for XRP, 10% for XLM, and an impressive jump for HBAR, reaching a new all-time high. Analysts at ‘Coin Bureau Trading’ have weighed in on this market phenomenon, citing promising technical patterns as reasons behind these price increases.
The rally is driven by multiple factors, including President Trump’s tariff suspension which has injected confidence into investors. Additionally, experts anticipate an improvement in inflation figures, leading to a potential rate cut by the Fed that often benefits crypto prices. Moreover, President Trump’s pro-crypto stance and the potential approval of spot XRP ETFs could further boost these prices.
XRP Price Analysis
Coin Bureau Trading believes XRP is still in its early price peak cycle. They highlight the RSI structure to show an indication of a potential second peak with stronger price action, despite slight divergences. Their forecast suggests XRP may reach $5-$7 during summer’s peak. A non-spot XRP ETF has already launched and performed well, adding momentum to the potential for approval of spot XRP ETFs, increasing demand.
Stellar (XLM) Price Analysis
Similar to XRP, Stellar is also experiencing upward momentum. Its price action appears to be mirroring XRP’s pattern with a first peak already observed. Analysts anticipate a second peak, possibly reaching $1 based on historical movement from a $0.10 base to $0.60 resistance.
Hedera (HBAR) Price Analysis
Hedera is considered one of the top three altcoins most likely to receive a spot ETF approval according to Bloomberg analysts. Their prediction suggests this could occur as early as May 2025. This positive outlook, combined with its cup and handle pattern, points towards bullish movement.
All three assets are showing strength, supported by favorable economic trends. Analysts expect price peaks in summer 2025 driven by inflation data, potential ETF approvals, and pro-crypto regulations under the Trump administration.