XRP Eyes Record High, Bitcoin Near $150K, SHIB Burn Surges

Published: 2025-09-05 10:35:01 |

XRP price has traded between $2.70 and $2.90 after peaking at $3.65 in July. Analysts remain bullish on XRP price predictions. John Squire forecasts a rally to $134.50. Crypto Tony expects a breakout above $2.90 to trigger a new uptrend. FOUR | Crypto Spaces predicts an all-time high of $5.06. Rising token supply on exchanges could pressure prices. Over 3.55 billion XRP now sit on Binance, the highest ever. Bitcoin trades near $112,000, below its $124,000 record. The price chart forms an inverse head and shoulders pattern. Merlijn The Trader sees a $150K target if the formation holds. Captain Faibik cites strong post-NFP momentum. Conversely, CRYPTO₿IRB warns the cycle may end within two months based on halving history. Shiba Inu saw its burn rate spike by 200,000% in 24 hours. The surge in SHIB burn ignites bullish sentiment. Yet weak Shibarium activity and rising exchange netflows point to short-term risk. Key takeaways for traders: • XRP price could retest all-time highs amid strong bullish forecasts. • Bitcoin target set at $150K if inverse head and shoulders plays out. • SHIB burn spike offers upside but watch supply inflows for downside pressure.

Bullish

This news delivers a bullish outlook. Leading analysts predict new all-time highs for XRP and Bitcoin. In past cycles, the inverse head and shoulders signals preceded major BTC rallies, notably in late 2020, supporting the $150K target. High exchange balances for XRP may trigger volatility but often coincide with accumulation phases before bull runs. The SHIB burn spike echoes earlier April 2024 events, where rapid burns sparked temporary rallies. However, Shibarium’s low activity and net inflows suggest a short-term correction. Overall, the optimism around XRP price predictions and Bitcoin’s technical setup is likely to drive buying. Traders may react positively in the short term, pushing prices higher. Long-term, sustained token burns and bullish charts could reinforce upward trajectories. Given the balance of bullish forecasts against manageable downside risks, the net impact is bullish.