{"id":92276,"date":"2025-08-29T09:54:36","date_gmt":"2025-08-29T09:54:36","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=92276"},"modified":"2025-08-29T09:54:36","modified_gmt":"2025-08-29T09:54:36","slug":"cros-spectacular-rally-recent-xrp-price-predictions-and-more-bits-recap-august-29","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=92276","title":{"rendered":"CRO\u2019s Spectacular Rally, Recent XRP Price Predictions, and More: Bits Recap August 29"},"content":{"rendered":"

TL;DR<\/strong><\/p>\n

CRO soared by triple digits this week. Analysts see further upside potential, setting $0.50 and $0.88 as next targets. <\/span>
\nXRP slipped to $2.85 after failing to break above $3.10. However, industry participants remain bullish and believe the asset could reach a new all-time high soon.<\/span>
\nBTC dropped below $110K as September\u2019s bearish trend weighs. Still, Charles Hoskinson sees potential for $250K this cycle and a $10T market cap in five years.<\/p>\n

<\/a><\/span><\/h2>\n

CRO Took Center Stage<\/h2>\n

The cryptocurrency sector had a somewhat surprising star this week, and its name is Cronos (CRO). The token behind the exchange Crypto.com saw its price skyrocket by over 100% in the last three days. At one point, CRO reached almost $0.40 (a level last witnessed in the spring of 2022), but it later retraced to the current $0.29 (per CoinGecko\u2019s data).<\/span><\/p>\n

<\/a>CRO Price, Source: CoinGecko<\/p>\n

The pump <\/span>was fueled<\/span> by Trump Media, which <\/span>revealed<\/span><\/a> it will purchase approximately 2% of the asset\u2019s entire supply by spending roughly $105 million for 685,427,004 CRO. The Truth Social and Truth+ platforms will launch a rewards system for their users, utilizing the digital wallet infrastructure of the popular exchange and adopting the coin as a utility token.<\/span><\/p>\n

Additionally, Trump Media, Yorkville, and Crypto.com will set up a digital asset treasury firm, which will purchase roughly 19% of the entire CRO supply.<\/p>\n

Despite the drop in the past several hours, multiple analysts on X remain optimistic that CRO <\/span>is headed<\/span> for further upside in the short term. X user JAVON MARKS <\/span>believes<\/span><\/a> the valuation could soar by 3x to $0.8868. For their part, CryptoPulse <\/span>set<\/span><\/a> $0.50 as a target but only if \u201cmomentum kicks back in.\u201d<\/span><\/p>\n

Meanwhile, CRO\u2019s Relative Strength Index (RSI) has risen above 70, indicating that the asset is in overbought territory and may be due for a pullback. The technical analysis tool measures the speed and magnitude of recent price changes, and ratios under 30 are typically interpreted as bullish, as they suggest the token is oversold.
\n<\/span><\/p>\n

<\/a>CRO RSI, Source: TradingView<\/p>\n

XRP\u2019s Next Targets<\/span><\/h2>\n

Ripple\u2019s cross-border token experienced another decline over the last 24 hours, and as of this writing, it trades at around $2.85. Earlier this week, the popular X user Ali Martinez <\/span>warned<\/span><\/a> that failing to overcome $3.10 would lead to a drop to $2.83.\u00a0<\/span><\/p>\n

STEPH IN CRYPTO also sounded the alarm, <\/span>arguing<\/span><\/a> that the peak of the bull run for XRP may arrive in the next one or two months.\u00a0<\/span><\/p>\n

Other analysts, though, are in the optimistic corner. X user Mags <\/span>estimated<\/span><\/a> that XRP\u2019s price has recently consolidated the same way it did in 2017 and could be gearing up for a massive rally to $5.20 and even $7.30 (if history repeats itself).<\/span><\/p>\n

How\u2019s BTC Doing?<\/span><\/h2>\n

While the primary cryptocurrency reached a new all-time high of over $124,000 in mid-August, it has been in an evident decline ever since. As of this writing, it trades below $110,000, while its market capitalization has plunged beneath $2.2 billion.\u00a0<\/span><\/p>\n

September has historically been a predominantly bearish month for BTC, with some community members expecting an additional plunge in the short term.<\/span><\/p>\n

<\/a>BTC Monthly Returns, Source: CoinGlass<\/p>\n

Prominent figures, such as Cardano\u2019s founder Charles Hoskinson, on the other hand, remain unfazed. In a recent interview, he <\/span>predicted<\/span><\/a> that the price of the asset could surge to $250,000 during this cycle, while its capitalization might explode to $10 trillion within the next five years.<\/span><\/p>\n

The post CRO\u2019s Spectacular Rally, Recent XRP Price Predictions, and More: Bits Recap August 29<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

TL;DR CRO soared by triple digits this week. Analysts see further upside potential, setting $0.50 and $0.88 as next targets. XRP slipped to $2.85 after failing to break above $3.10. However, industry participants remain bullish and believe the asset could reach a new all-time high soon. BTC dropped below $110K as September\u2019s bearish trend weighs. […]<\/p>\n","protected":false},"author":0,"featured_media":92277,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-92276","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/92276"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=92276"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/92276\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/92277"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=92276"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=92276"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=92276"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}