Cryptocurrencies: a Bitcoin rival could rise 60% in dollars.
With growing institutional interest and technical indicators suggesting bullish momentum, the asset promises to prepare for reaching new records.
It's not all about Bitcoin: the 3-letter crypto that could rise 60% in dollars and excites investors.
While artificial intelligence captures a good part of the attention and the value of tokens like Near Protocol and the Artificial Superintelligence Alliance grows, XRP remains steady in its own lane, demonstrating a solidity that could signify the prelude to a new all-time high according to specialists.
The cryptocurrency issued by Ripple Labs, with a market capitalization exceeding $120 billion, has found its equilibrium between $2.10 and $2.20, but technical signals and its history of spectacular rebounds keep investors watchful for a possible imminent breakout.
An important point is that, even with the fervor for AI tokens, XRP ranks among the top five cryptocurrencies by price, according to CoinGecko, capturing its own share of attention.
Its consistently trading above its 20-day Exponential Moving Average (EMA) clearly speaks to its strength in a volatile market, especially as Bitcoin tries to consolidate near $95,000.