Chris Burniske highlights meme tokens' influence on the cryptocurrency market. He emphasizes the need for infrastructure coins to demonstrate financial viability. Continue Reading: Chris Burniske Analyzes the Impact of Meme Tokens on the Crypto Market The post Chris Burniske Analyzes the Impact of Meme Tokens on the Crypto Market appeared first on COINTURK NEWS .
The price of XRP has moved above $1, entering a price zone last seen in 2021. Amidst the general crypto surge, the prominent altcoin is undergoing a remarkable price rally resulting in 104.59% surge over the last seven days. As it stands, XRP appears to be shooting for the stars with analysts now strongly bullish on how high the token can go. Related Reading: XRP Price Will Escalate To $1.03 This Week If This Happens: Analyst XRP ‘Kaboom’ Confirmed – Here’s Price Path To $32 In an X post on November 16, market analyst EGRAG CRYPTO shared a positive prediction on XRP in regard to market cap following recent gains. EGRAG Crypto noted that XRP’s market cap is closing above the Fibonacci level of 0.702 which corresponds to $51.35 billion, and has recently reached the Fibonacci level of 0.786, which represents $60.06 billion. Importantly, the coin is also breaking past an ascending trendline that stretches back to 2017, which all presents a super bullish signal that will initiate a series of significant price explosions. According to the analyst, if the XRP monthly candle closes above the Fibonacci level of 0.786, it will confirm an ascent to the Fibonacci level of 1.618 at which the crypto will attain total market shares of $283.42 billion. In regards to price action, the current supply of 57 billion XRP indicates a potential price target of $4.96 if this market cap is achieved. However, as earlier stated, XRP’s recent price rally has ignited a strong bullish signal that is to result in a cascade of price surges. Therefore, EGRAG Crypto has projected multiple Fibonacci level targets for XRP market cap, with the attainment of each one, a confirmation of the next. Following a successful climb to the Fibonacci level of 1.618, future targets by EGRAG are levels 2.0, 2.272, and 2.618, at which XRP is expected to have market cap values of $577.86 billion, $959.66 billion, and $1.83 trillion. These market shares will correspond to prices of $10.13, $16.83, and $32.11, respectively. Related Reading: Bitcoin NVT Golden Cross Signals ‘Local Bottom’ — What’s Next? XRP Market Cap Hits $65 Billion, Becomes 6th Largest Crypto According to data from CoinMarketCap, XRP’s market cap is now valued at $65.24 billion, reflecting a 26.51% gain in the past day. Notably, the altcoin has also flipped DOGE to become the sixth-largest cryptocurrency amidst the recent price gain. XRP began gaining aggressively on November 15, price increase after SEC Chair Gary Gensler hinted at a possible resignation which may spell some good news in the Commission’s ongoing case with Ripple. These gains have been further strengthened by a massive buying spree by the XRP whales who are eyeing larger future gains. At the time of writing, XRP trades at $1.10. Meanwhile, the asset’s daily trading volume has increased by 104.46% and is valued at $23.13 billion. Featured image from CryptoRank, chart from Tradingview
The post Top Altcoins Heading for ATH Breakouts in the Coming Week appeared first on Coinpedia Fintech News With Bitcoin crossing above $91,000, the rising risk appetite of crypto investors teases a bull run in altcoins. Amid the increasing demand, many have hit a new 52-week high with the reversal rally gaining momentum. Will the increasing bullish momentum in altcoins result in a new all-time high for a few altcoins? Are you wondering …
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Ripple CTO David Schwartz has predicted that XRP may serve as a high-value global settlement powerhouse in the future The post Ripple CTO Issues Epic XRP Prediction As Global Settlement Powerhouse appeared first on TheCoinrise.com .
Call of Duty Black Ops 6’s new store bundles caused a stir after hinting at the return of an iconic perk in the game’s Zombies mode. The speculation about the Double Tap perk was sparked after gamers noted new additions made by Treyarch through its frequent updates. The popular perk was last included in Black Ops 3.
XRP's predicted surge to $12 fuels excitement in the crypto bull market, but investors are more interested in DTX Exchange (DTX) for a generational run.
Recent analytics indicate a potential resurgence of volatility in the altcoin market, a signal that investors should monitor closely. Solana has showcased noteworthy volatility with significant price movements, while BNB
The growing interest in Bitcoin among retail investors is prompting financial planners to reconsider their approach to cryptocurrency investments. Despite the increasing demand, many financial advisors are still hesitant to
Amid rising demand from clients, personal finance advisors who don’t use or discuss Bitcoin may risk losing business, analysts say.