Pakistan will create a strategic Bitcoin reserve as part of a government-led initiative to embrace digital assets. During his appearance at the Bitcoin 2025 conference in Las Vegas, Nevada, Bilal Bin Saqib, head of the newly established Pakistan Crypto Council,…

Pakistan confirms plans for a strategic Bitcoin reserve

Crypto analyst Egrag Crypto has highlighted a bullish candle formation, which 
could send the XRP price to as high as $22. This comes just as the analyst 
predicted that the altcoin could hit a $1.5 trillion market. XRP Price Eyes 
Rally To $22 As Bullish Candle Forms In an X post, Egrag Crypto predicted that 
candle 13 on the yearly chart could be the breakout candle that sends the XRP 
price to $13 or $22. He also raised the possibility of the altcoin surging 
above these price levels, with a wick extending even higher. Based on his 
analysis of Candle 9, the 2021 yearly candle, the analyst noted that Candle 13 
points to a target of around $17. Related Reading: XRP Holds Midline Support 
That Has Led To Breakout In The Past, Why $2.9 Could Be Next Egrag Crypto 
remarked that this aligns perfectly between $13 and $22 for the XRP price. He 
also commented on Candle 12, noting that it was the strongest Bullish 
Engulfing pattern. This engulfing process started from Candle 5 and continued 
through Candle 11. The analyst added that the body of these candles closed 
above all previous candles, which is a “classic bullish sign.” It is even more 
bullish when it occurs on a yearly or 12-month chart, as in this case. 
Commenting on the current XRP price action, Egrag Crypto stated that the noise 
is still loud on the high timeframes. He noted that the body of Candle 13 is 
above $1.85, and the wick extends up to around $3.40. The analyst claimed that 
a close below $1.85 could mark the end of the bull run, while a close above 
$3.40 confirms that XRP is heading to double digits. Interestingly, the crypto 
analyst declared that December 31 this year will be a date to remember in XRP 
history. He remarked that market participants will see where the XRP price 
stands and what kind of candle formations are shaping up for the legendary 
year. XRP At A Critical Level In an X post, Crypto analyst CasiTrades noted 
that the XRP price has returned to the $2.25 range, which is one of the most 
important levels on the chart. She stated that this zone has acted as both 
resistance and support since the $0.50 breakout, and now a proper backtest is 
underway. Related Reading: Crypto Analyst Predicts XRP Price Could Shoot To 
$12 Soon The analyst revealed that the smaller timeframes show that this level 
could hold. However, she warned that higher-timeframe confirmation is key and 
that the XRP price needs daily closes above $2.25 to confirm a bullish pivot. 
CasiTrades added that whether or not this is the final pivot, this level 
remains a high-probability zone for buyers. She noted that the next major 
support is at $1.90 if this $2.25 support fails. At the time of writing, the 
XRP price is trading at around $2.21, down almost 3% in the last 24 hours, 
according to data from CoinMarketCap. Featured image from Getty Images, chart 
from Tradingview.com

Bullish Candle Formation Suggests The XRP Price Could Touch $22

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and fiscally irresponsible.&#8221;

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The CLARITY Act unleashes a historic wave of pro-crypto momentum, cementing 
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