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Reading: Surging XRP Coin Challenges Ethereum as Bitcoin Stabilizes Around $99,000
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COINTURK NEWS > Technical Analysis > Surging XRP Coin Challenges Ethereum as Bitcoin Stabilizes Around $99,000
Technical Analysis

Surging XRP Coin Challenges Ethereum as Bitcoin Stabilizes Around $99,000

In Brief

  • XRP Coin's surge indicates strong market interest and potential growth.

  • Bitcoin's stability may pave the way for altcoin rises.

  • Analysts predict exciting times ahead for SOL Coin.

İlayda Peker
İlayda Peker 6 months ago
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Bitcoin (BTC) $119,249 is hovering around $99,000, while activity in altcoins is picking up momentum once again. XRP Coin made headlines by surging 20%, reaching levels not seen in years, and appears eager for even greater heights. However, Nic suggests that there may be more to come.

Contents
The Future of XRP CoinBitcoin (BTC) and SOL Coin

The Future of XRP Coin

Nic, a prominent figure among cryptocurrency analysts, discussed whether XRP Coin could surpass Ethereum $2,987 in market value. Priced at $3.33, XRP Coin experienced a remarkable uptick after Trump’s election win, and it’s showing expected upward trends as January 20 approaches.

“Can XRP surpass ETH in market value? If we experience an altcoin season similar to 2021, it’s entirely possible.

Low prices create a perception of affordability for individual investors.

Ripple $3 has a seat at Trump’s table.

Renewed optimism around RLUSD and XRPL.

A militant community.

Constantly in the headlines.

You may not like it, but stranger things have happened in crypto.”

The cryptocurrency landscape has witnessed many unpredictable events, notably the collapse of the world’s second-largest crypto exchange nearly two years ago. Furthermore, FTX’s multi-billion dollar repayment process is expected to conclude by March, with funds likely to flow back into cryptocurrencies, especially altcoins. XRP Coin might emerge as a solid option in an environment where regulatory pressures ease and U.S.-based crypto firms gain support.

XRP Coin even surpasses BTC in search results, indicating strong individual interest. What if the new SEC administration also approves an ETF for XRP Coin?

Bitcoin (BTC) and SOL Coin

Jelle believes that BTC may test new record levels before the end of the month. Provided that the key support level holds, a larger peak is possible. Additionally, BTC needs to maintain closing prices above $98,500 to create favorable conditions for further altcoin rises.

Phoenix shared insights on SOL Coin:

“With mega jumps for SOL, are you still complaining? Hurry up, aim higher. Victory awaits you.”

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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İlayda Peker 16 January, 2025 - 8:05 pm 16 January, 2025 - 8:05 pm
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