XRP's Potential Surge and Bitcoin's Outlook Amid Gold Price Trends

According to Odaily, cryptocurrency analyst DonAlt recently shared insights on X, suggesting that if XRP closes above $2.59 on the weekly chart, it could surpass its current high of $3.4, indicating strong performance. DonAlt further noted that if XRP ends the week on an upward trend, it might soon reach a new all-time high. However, if XRP remains below $2.59, he expects the price to continue consolidating within the current range. Additionally, the analyst discussed Bitcoin's prospects, highlighting that with rising gold prices, the BTC/gold ratio might increase. This could lead investors to view Bitcoin as a safer and more reliable store of value, especially in comparison to gold. He emphasized that considering the trend in gold prices, the BTC/gold ratio should rise, either due to a decline in gold prices or an increase in Bitcoin's value. Despite negative market sentiment, DonAlt believes Bitcoin remains strong at key support levels.