Best Crypto to Buy Now as $XRP Outperforms Major Altcoins
What to Know: $XRP’s breakout was fueled by renewed risk appetite as investors pulled funds from gold. The token has strong support near the $2.42 zone, with a decisive close above $2.56 signaling a run to $2.63. New projects like $HYPER, $PEPENODE, and $BONK offer high-growth potential outside of major assets. $XRP jumped a notable 3% on Monday, briefly touching the $2.50 mark before people started taking a bit of profit. But why the sudden excitement? The main reason for the rise boils down to a classic case of risk appetite returning. For weeks, we’ve seen people nervously piling into....
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In the crypto top 10 by market cap, Bitcoin reigns supreme with no other cryptocurrency close to matching its performance in the daily (-1%) and weekly (16.6%) charts. While BTC’s price trades at $57,415, near its previous highs before May’s crash, the altcoin market lags. The second cryptocurrency by market cap, Ethereum (ETH), records a 3.9% loss in the daily and only a 2% profit in the weekly chart. In the meantime, ADA (-4.7%), XRP (-5.7%), SOL (-5.4%), DOT (-6%) are in the red alongside other major coins. Related Reading | Bitcoin Over $100,000 Is Still Possible By Year-End, Says....
Raoul Pal says higher risk altcoins are likely to follow Ethereum, which rose 60% in the first two weeks of 2021. As the cryptocurrency market is showing signs of bullish continuation on Jan. 15, Raoul Pal, the CEO of Real Vision Group and an avid Bitcoin (BTC) investor, is optimistic about the price of Ether (ETH). Pal also says he's looking to add “higher risk alts.”ETH/USDT 4-hour price chart (Binance). Source: TradingView.comIs an altseason coming?Following Bitcoin’s rally above $42,000, many alternative cryptocurrencies, or altcoins, have indeed performed strongly, which is....
Shiba Inu has once again outperformed Dogecoin this week with around 33% in gains, more than double DOGE’s 14% growth. Shiba Inu Outperforms Dogecoin Two To One In Last Five Days After a while of downwards movement, both SHIB and DOGE have finally enjoyed some sharp uptrend over the past week. While Dogecoin has registered […]
Bitcoin price is struggling to break through resistance at $50,000, and it could partially be altcoins to blame for the weakness. The most recent technical structure on the highest time frames suggests that not only could alts continue to gain against BTC dominance, altcoin season itself could last a while longer. Bitcoin Dominance And Technical Analysis Using The Metric Technical analysis is a subjective art. The practice has enough naysayers as is, but even those that subscribe to the study don’t always believe that all charts are created equally. For example, there are several....
The crypto market has entered an undervalued region with market intelligence platform, Santiment, revealing three major altcoins to watch out for. Santiment’s analysis has indicated the potential for these three altcoins to outperform Bitcoin (BTC), Ethereum (ETH) and XRP in this market cycle. Cardano, Shiba Inu, and Dogecoin Are The Altcoins To Watch In an […]