The post Ripple’s (XRP) $10 Target Gets Clearer by The Day, Are Dogecoin (DOGE) and Rexas Finance (RXS) Still in the Race? appeared on BitcoinEthereumNews.com.

Ripple’s (XRP) ambitious $10 price target is gaining traction as market dynamics change in its favor, aided by regulatory clarity and more institutional acceptance. With XRP firmly established in the crypto sector, the emphasis now shifts to competitors such as Dogecoin (DOGE) and rising star Rexas Finance (RXS). While DOGE relies on meme culture and community power, RXS is making news with its novel approach to real-world asset tokenization. As the competition heats up, the important question remains: will DOGE and RXS maintain up with XRP’s optimistic trajectory, or will XRP outperform them during the next market rally? Ripple XRP Targets $10 Milestone Amidst Growing Bullish Momentum Ripple is almost doubling many other cryptocurrencies at the moment, and one day, it may be one of the few crypto coins to reach a value of $10. XRP’s value has surged significantly, rising 46.37% over the past week, 50.45% in the last month, and an impressive 56.19% over the past six months. Currently priced between $52 and $64, XRP is targeting a close resistance level of 69 cents and there are technical patterns suggesting a move towards a level of 81 cents. Also, the Relative Strength Index (RSI) currently sitting at 63.43, and the Stochastic oscillator at 71.74, reflect bullish market sentiment and the trend is likely to remain the same. Furthermore, a MACD of 0.0286 indicates excellent momentum for future expansion. As XRP approaches these key resistance levels, its route to new highs becomes clearer, paving the way for a long-term trajectory toward the $10 mark. Dogecoin’s: Securing a Stance Through Resistance Dogecoin’s bullish potential encounters considerable resistance at $0.23 and $0.34, thresholds it has previously failed to sustain. Analyst MadWhale observes that exceeding $0.23 may result in a further 82% rise to $0.34, a threshold not reached since 2021. Despite…

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Filed under: News - @ November 22, 2024 6:22 pm