First XRP, now DOGE? What experts think
According to a recent article on finanzen.net, Bitcoin has seen a modest increase of about 0.5%, but it still lags behind the broader market. In contrast, XRP is experiencing significant losses after an impressive rally in previous weeks. Investors are now realizing profits from these gains, and Dogecoin also fails to impress today. However, experts see potential for DOGE to explode next.
An analyst suggests that capital might shift from XRP to Dogecoin due to its strong community and popularity. The expert predicts short-term price targets of $1 for DOGE with optimistic projections reaching between $3 and $5 within the next year.
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Secret Leak: XRP poised for a new all-time high thanks to Ripple's stablecoin offensive?
A report by Coin Kurier reveals Ripple's strategic move with their new stablecoin RLUSD could lead XRP towards a new all-time high. Approved by New York State Department of Financial Services, this development positions Ripple against established leaders like Tether.
The introduction aims at enhancing financial infrastructure trust and liquidity while geopolitical tensions continue affecting local exchanges significantly.
XRP price heading towards $24 according to legendary trader
Newsbit reports that legendary trader Peter Brandt sees massive growth potential for XRP as it breaks out from long-standing chart patterns formed since 2017. With current prices already showing substantial increases post-breakout, further rises up to 800% may be possible according to his analysis.
This would place XRP’s market cap above major companies such as Tesla if predictions hold true amidst ongoing bullish sentiment driven partly by political changes favoring crypto markets globally.
Power struggle in South Korea - Bitcoin, XRP, and others in the red on local exchanges
Block-Builders.de highlights how South Korea's temporary martial law declaration led cryptocurrencies including Bitcoin & XRP’s value dropping sharply locally before stabilizing again shortly afterward when domestic political normalcy returned.
Sources:
- Erst XRP, jetzt DOGE? Das denken Experten
- Geheimer Leak: XRP vor neuem Allzeithoch dank Ripples Stablecoin-Offensive?
- XRP-Kurs ist laut legendärem Trader auf dem Weg zu 24 $
- Machtkamp in Südkorea – Bitcoin, XRP und Co. auf lokalen Börsen im Minus
- XRP fällt wegen Gewinnmitnahmen von 4 Milliarden Dollar nach dem von Walen getriggerten Anstieg
- Solana Kursprognose: Nach Rückfall hinter XRP und BNB nun der Absturz?
