3 XRP competitors for purchase, says the analyst says Ripple is “the largest Mimi currency”
The XRP price defends the support level at $ 2, but it also failed to achieve meaningful gains in recent weeks as merchants remain cautious because of the total economic concerns. An analyst now believes that if Ripple fails to make any gains, he will face a huge sale of whales and best holders, making it similar to Meme currencies. Amid this criticism, traders are now looking for the best XRP competitors to buy for great gains.
XRP competitors in focus where the Ripple analyst is like meme
According to the hadith After the analyst is crashed In X, the price of XRP may be about to sell a huge sale of current holders. Traders who have made great gains in late last year as Ripple now rise to profit reservation, but there is not enough demand from buyers given the current downward conditions in the market.
The analyst added that he was taking a short position on the price of XRP because it is likely to follow the same path as the Meme currencies, which already decreased by 90 %. In addition, the discounted network activity adds to the possibility of the price to be registered significantly. He stated,
“XRP is the largest micoin in camouflage. It has no activity, slim revenues or revenues on the chain, just like the mechanics. It is really a miracle that this is high, and everyone who is fortunate can be sold.”
In the midst of this feeling, traders are looking for the best XRP competitors who can buy it today to achieve great gains if the ALTCOIN price decreases.
The best 3 competitors XRP to buy today
It includes the best 3 competitors XRP who must think of the purchase today to achieve important gains that include stars (XLM), Solana (Sol) and Cardano (Ada). These tips have bullish technical expectations in addition to some strong basics that indicate that they may be ready for upward arrangement.
Star (xlm)
One of the best XRP competitors for purchase is stellar (XLM), which trades at $ 0.24 at the time of the press. This altcoin is often compared to Ripple, bearing in mind that Blockchain projects seek to provide easier access to border payments.
Analyst Andrew Griffiths participated in x ascending Predicting starsThis indicates that the XLM code may soon gather to record heights. He pointed out that XLM was trading in a bullish pattern, and if he turned the resistance at $ 0.44, he may support gains after the highest level ever at $ 0.87 and exceed $ 1.
If XLM is able to achieve this targeted price, it is possible that XRP will exceed if the latter records an increase in the sales activity, making it one of the adult XRP competitors who must be purchased.
Solana (Sol)
Solana (SOL) also occupies among the best XRP competitors to buy today due to upward technical expectations and strong network activity. I mentioned a recent article on the coating that The Sol price can collect to $ 150 Shortly after clearing the main liquidation level after its recent gains.
The emerging network activity indicates that the price of Solana can also outperform the ripple. Recently, the Sol network has registered the highest daily revenue since February 21, indicating that more people use Blockchain.
With the high network activity, it is upward for the Sol price, indicating the possibility that it will excel over XRP. As such, among the best competitors in XRP get today.
Cardano (Ada)
Another XRP competitor to which the trader should think of the purchase is Cardano (ADA). At the time of the press, Cardano is trading at $ 0.62 with simple profit by 1.4 % in 24 hours. Analysts shared up Cardano predictionThis indicates that it may be about to recover.
According to Nala On X, Cardano appears to follow the same style he did in 2019. If this style is repeated, this altcoin may soon explode to an absolutely high price.
Summary of XRP competitors
Since XRP prices are struggling to defend the support level at $ 2, which leads to criticism from some analysts, traders are now looking for the best XRP competitors to buy for large returns. Among the highest rivals of Ripple to be purchased include stars, Solana, and Cardano, surrounded by strong technical settings and network activity, indicating that it may surpass XRP.
Related questions (common questions)
It includes the best XRP competitors who can think about buying today stars (XLM), Solana (Sol) and Cardano (Ada). These symbols have a bullish artistic look and strong basics.
The price of XRP can only bounce out of the support level of $ 2 if there is a new increase in demand. Other stimuli, such as ETF instant approvals and strategic partnerships, may lead to the leading trend.
Solana Price can collect $ 150 soon amid an increase in network activity. This activity may enhance the demand for Sol and accelerate the assembly.
Metouni
Muthoni Mary is an analyst and writer in the veteran encryption market that has more than three years of experience in dissecting Blockchain trends, price movements, and market dynamics. Through the acute eye of technical analysis and an in -depth understanding of the scales on the series, it provides insightful -based content that helps investors to move in the world of fast -paced digital assets.
Responsibility: Is market research before investing in encrypted currencies? The author or post does not bear any responsibility for your personal financial loss.
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