There is a growing feeling that something big is coming for Ripple ($XRP ). After months of sideways movements, price action calm, and market uncertainty, indicators finally point to a possible breakout, and some experts believe that #الريبل could be the coin that launches the next altcoin season.
Move #بيتكوين could pave the way
Ripple has made a strong gain this morning, surpassing a key resistance area near $114,000. If it can break through this level, traders believe it could trigger a wave of momentum in the market. If history repeats itself, Ripple could be one of the first coins to react.
The last time Ripple broke through a similar price range, its price rose from $0.55 to $2.70 in less than a month. Now, with Ripple's price stabilizing around $2.00, many in the market are wondering if this will happen again.
A familiar environment for Ripple ($XRP )
Even with Bitcoin's dominance in the market steadily increasing since December 2022, Ripple has quietly maintained its position. The current price area reflects the zone where the last significant rise in altcoin value began, making this a particularly interesting moment for Ripple followers.
Technical indicators have hinted that Bitcoin's dominance is showing signs of bearish divergence. If it starts to lose strength, this could open the door for alternative currencies to shine, led by Ripple.
Ripple's major advantage
Adding to the excitement, David Schwartz, Ripple's CTO, recently confirmed that financial institutions are preparing to enter the Ripple Ledger ecosystem. Not for the reasons most people might expect, but to take advantage of its high transaction speed, low fees, and reliable infrastructure.
According to Schwartz, one of Ripple's key strengths is its simplicity. Unlike blockchain networks burdened with complex smart contracts, $XRP offers
Clean and secure transactions suitable for serious financial players looking for efficiency and reliability.
What's next?
At this stage, the market is holding its breath. If #Bitcoin exceeds its resistance level and XRP maintains its strength, conditions may be set for a new altcoin season. If previous patterns are any guide, #XRP is in a strong position to lead this rise. #StrategyBTCPurchase