This Bullish $0.07 Altcoin Has Higher Accumulation Rate Than Ripple This Cycle: 345% Rally Incoming
The post This Bullish $0.07 Altcoin Has Higher Accumulation Rate Than Ripple This Cycle: 345% Rally Incoming appeared on BitcoinEthereumNews.com.
As Ripple (XRP) faces mixed predictions and market challenges, a new player, IntelMarkets (INTL), is capturing the spotlight. With its AI-powered blockchain and groundbreaking security measures, INTL is redefining what a next-gen trading platform looks like. While XRP’s future depends on SEC case outcomes, INTL’s innovative ecosystem suggests it could deliver a staggering 345% rally. Could this $0.07 altcoin be the one to watch this year? Let’s find out! $1.50 or $3.55? XRP’s Potential Price Swing Hinges on Legal Outcomes One of the leading cryptocurrencies, Ripple (XRP), has been facing challenges gaining momentum. Earlier this week, it dropped below $2.0 for a brief period, which raised concerns. Given bearish signs like the MACD Level (12, 26) and the 9-HMA, more downswings are likely, given the difficulties faced by bulls around these levels. However, the fact that the price of XRP is still above the 50-EMA and 50-SMA indicates that it will likely rebound and may perhaps surpass $2.5 this month. A cryptocurrency expert on X, Outofsync42, points out that XRP breaking below a significant support level. They say that $1.95 is the initial target, with a possible decline as low as $1.50. However, another expert, ChartingGuy, thinks that $1.90 to $2.10 has been extremely solid support, indicating a significant bounce is expected from these levels. Currently, XRP’s prospects are mixed because they are mainly dependent on short-term factors, such as the SEC’s intentions for the opening brief of its appeal. If the agency files the appeal, XRP may experience severe selling pressure and go below $1.50. On the other hand, if the long-running case is successful, XRP may reach its all-time high of $3.55 as seen in January 2018. Seeing the bigger picture, if the SEC withdraws its appeal, it will set a critical legal precedent and strengthen the case…
Filed under: News - @ January 3, 2025 8:23 pm