What Is the Best Crypto to Buy Now? Analysts Predict XRP to Reach $5, BNB Aims for $2,000, and Dogecoin to Hit $10
The post What Is the Best Crypto to Buy Now? Analysts Predict XRP to Reach $5, BNB Aims for $2,000, and Dogecoin to Hit $10 appeared on BitcoinEthereumNews.com.
Analysts Set Price Targets with XRP at $5, BNB at $2,000, and Dogecoin at $10 as BTC Stabilizes Above $96K The cryptocurrency marketplace shows volatility, but analysts expect three specific tokens—XRP, BNB, and Dogecoin—will deliver significant gains. Fundamental backing, institutional involvement, and technical indicators indicate strong potential growth for all projects. With Bitcoin stabilizing above $96K and maintaining its 61% market dominance, altcoins are gaining momentum. Bitcoin (BTC) Maintains Strength Above $96K, Poised for $120K Surge Bitcoin price has held steady above the $96,000 mark despite a 1.11% daily decline. The market capitalization stands at $1.905 trillion, maintaining dominance at 61.01%. Trading volume remains robust, surging 5.75% to $54.38 billion within 24 hours, reflecting sustained interest from traders and institutions. Bitcoin Liquid Index (BLX). Source: Brave New Coin The Bitcoin network shows accumulation trends via data that indicates more wallets now hold at least 10,000 bitcoins. According to Glassnode data, Bitcoin wallet ownership numbers with large savings of BTC have expanded by 3.2% since last month. The growing trend of institutional investments demonstrates strategic planning for a price increase. Large savings of BTC have expanded by 3.2% since last month. Source: Glassnode Based on technical analysis, the main support level of BTC stands at $95,500 while resistance emerges at $100,000. Experts forecast that the BTC price will rise to $120,000 after crossing past the $100,000 resistance during its upcoming market cycle. XRP ETF Filings Spark Institutional Frenzy, Targeting $5.00 XRP has been making headlines following major institutional filings for spot ETFs. The Cboe BZX Exchange submitted four separate 19b-4 applications for XRP ETFs, attracting interest from Bitwise, WisdomTree, 21Shares, and Canary Capital. This development has ignited a bullish rally, with XRP price spiking 7% to a high of $2.53 before retracing to $2.41. XRP Liquid Index (XRPLX). Source: Brave New…
Filed under: News - @ February 9, 2025 3:11 pm