XRP Predictions, LTC Updates, and Market Highlights: Bits Recap for January 31

TL;DR

• Ripple (XRP) holds strong above $3, with analysts eyeing a new ATH in the near future.
• Litecoin experienced a substantial revival, boosted by the SEC’s acknowledgment of a potential spot LTC ETF. Targets range up to $350.
• Bitcoin (BTC) has fluctuated between $98K and $106K, recently rebounding after Jerome Powell’s FOMC speech. One popular analyst suggests the price could reach over $184K before the current cycle ends.

Is XRP Preparing for Another Major Rally?

Ripple’s XRP remains one of the best-performing cryptocurrencies since the election of Donald Trump as America’s next president. Recall that the asset’s price was hovering below $0.55 before the voting on November 5 last year, while two months later, it skyrocketed to almost $3.40 or just 1% away from reaching its all-time high (according to CoinGecko’s data).