Catzilla, Cardano, and TRX are emerging as top crypto picks, with high-return potential before year-end. #partnercontent
XRP remains one of the crypto market’s current trailblazers rising by 23.21% in the past 24 hours. Over the last two weeks, the prominent altcoin has recorded a 154% price gain establishing itself as the sixth-largest cryptocurrency with a market cap of $89.82 billion. With this current momentum and the crypto bull season still in its early stages, analysts remain highly bullish on XRP’s potential to reach lofty price levels. Related Reading: XRP Primed For $100 Price Target – Here’s Why Can XRP Repeat 2017 Historical Price Movement? In an X post on November 22, an analyst with the username CryptoBull stated that XRP could trade at $40 over the next three months if the token mirrors its first prominent price surge from 2017. Data from CoinMarketCap shows that XRP rose $0.006 to a market peak of $0.33 in early 2017, representing a 5,400% gain. Considering its recent price rally, the altcoin may be gathering momentum to reproduce such price movement in a highly anticipated crypto bull run, especially considering recent happenings. Most notably, popular anti-crypto Securities and Exchange Commission Chairman Gary Gensler recently announced his intentions to resign on January 20, a move largely behind the current bullish sentiment among XRP investors considering the Commission’s long-lasting regulatory battle with Ripple. In fact, Gensler’s decision to leave the SEC has been described as the “best thing” for Ripple, which holds significant weight for XRP’s future. Gensler’s resignation coincides with the inauguration of pro-crypto incoming US President-Elect Donald Trump who has promised to introduce a more friendly approach to digital asset regulation in the US. Aside from XRP finally being free from the regulatory scrutiny of the SEC, the potential introduction of a spot ETF under Trump’s pro-crypto regime also contributes to bullish sentiments on the altcoin’s profitability. According to CryptoBull, if XRP follows its price explosion from early 2017, the token is expected to hit a price target of $1.96 in November, $6.30 in December, and $40 in January. Related Reading: XRP Binance Inflows Spike: What It Means For Price Price Resistance Levels In XRP’s Dream Surge While XRP presents much potential for a high price target, CryptoBull predicts the token to face significant resistance at the $1.96 price region. If buying pressure proves sufficient to move past this level, the analyst expects XRP to confront another resistance at $3.84 which represents the token’s current all-time high price. Considering the current robust bullish sentiments in the market, the altcoin is likely to move past these highlighted resistance levels. However, the token’s Relative Strength Index remains far in the overbought zone (91.73) indicating significant potential for a price pullback. At the time of writing, XRP continues to trade at $1.78 reflecting a 79.57% gain in the past week. Meanwhile, the token’s daily trading volume is up by 103.57% and valued at $20.29 billion. Featured image from Trackinsight, chart from Tradingview
Key takeaways Unlike traditional staking services, Rocket Pool allows users to pool their Ethereum (ETH) to run validator nodes on the Ethereum network. Thus, participants can participate in the staking process without requiring the full 32 ETH to run a validator node. Furthermore, Rocket Pool introduces the concept of “rETH” tokens, issued to users who
Key takeaways Ethereum, launched in 2015, is a decentralized platform enabling developers to create smart contracts and dApps without intermediaries, enhancing security. The Ethereum blockchain is accessible to everyone and built to support scalability, programmability, security, and decentralization, allowing for the creation of any secure digital technology. Its native digital currency, ether (ETH), and its
Stuart Alderoty, the Chief Legal Officer of Ripple Labs Inc has spotlighted the firm’s role in fighting the crypto crackdown initiated by Gary Gensler as Chairman of the US Securities and Exchange Commission (SEC). With a legal battle spanning approximately four years, Alderoty send appreciation to the key stakeholders in the regulatory fight The Unsung The post Ripple Provided The Blueprint To Defeat Gary Gensler: Stuart Alderoty appeared first on CoinGape .
A new meme coin is gaining momentum in the crypto world, catching the eye of investors with the potential for massive returns. This digital token could outperform well-known favorites like Pepe and Dogecoin. With projections of a staggering 5,800% ROI, the market is abuzz with speculation about this coin leading the next wave of cryptocurrency Continue Reading: Move Over Pepe and Dogecoin: This Meme Coin Could Lead the Pack With 5,800% ROI!
Discover the best altcoins to buy now: Qubetics soars with a weekly 10% rise, Polygon rides whale activity, and Avalanche thrives on ecosystem expansion. Read original article on coincu.com
Shiba Inu’s marketing lead, Lucie, has raised concerns about fraudulent activities targeting the cryptocurrency community, urging awareness among users. Her recent statements emphasize the importance of vigilance and the need
Recent developments surrounding Alameda Research’s transfer of 2 million Polygon (POL) tokens worth $915k to Binance has stirred the crypto market, reflecting increasing volatility and interest in the token. Polygon
A proposal for the United States to amass a million Bitcoin sounds like something pulled out of a nerd’s wildest dreams, but it’s an actual idea on the table. A few months ago, Senator Cynthia Lummis of Wyoming dropped a bill that aims to create a “strategic bitcoin reserve.” Her plan? Get the Treasury and