Disclaimer: This is a paid article, from a third party. Cryptocurrencies are a highly volatile and unregulated investment. Readers should do their own research before taking any action regarding the promoted company or any of its mentioned businesses or services. CryptoBenelux is not responsible, directly or indirectly, for any damage or loss caused by or in connection with reliance on goods, services or content mentioned in the press release.
The XRP price has fallen by about -2.5% over the past week and XRP now appears to be stuck around $0.61. Still, crypto analysts predict that XRP could rise a lot after the Bitcoin halving, and the selling pressure for XRP appears to be subsiding, meaning that $0.60 could be a strong bottom for the altcoin.
Can Ripple become 1 euro after the Bitcoin halving and can XRP break its ATH of $3.84 in this bull run?
XRP price moves sideways after Monday decline
XRP is down -2% over the past week and is just above its 30-day moving average (yellow), where strong support is clearly forming. This level has already supported the price several times in recent days.
Although the XRP price looks bearish at the moment, this support could play a big role in the next rally for XRP. In addition, XRP could rise even further after the Bitcoin halving in 2024, as the halving has historically had a major positive impact on the crypto market.
Although XRP experienced a big drop last week, the selling pressure now appears to be easing. This means that it is possible that the price could rise again soon.
Crypto analysts also think that XRP is a sleeping giant. While much of the market is very volatile, XRP appears to be doing little at the moment. This is something that could soon change.
At the moment, the XRP price is still very dependent on the Bitcoin price, but later this year, if Ripple wins the lawsuit against the Securities and Exchange Commission (SEC), XRP could rise much faster.
In that case, XRP could set a new ATH above $3.84 this year. Updates on this lawsuit could also give XRP a boost.
Alternatives to XRP before the Bitcoin halving
The opposite can also be true; which means that XRP will continue to do little until the Bitcoin halving. There are better alternatives to make a profit with crypto in the shorter term, which can also benefit from Bitcoin after the Bitcoin halving.
In this article we look at a number of promising crypto coins that, just like XRP, can benefit from the Bitcoin halving, but also have strong fundamentals that can provide them with a lot of profit in the near future.
Green Bitcoin (GBTC) – New gamified staking platform is turning heads
Green Bitcoin (GTBC) is a green alternative to Bitcoin that works on the Ethereum blockchain. This makes GBTC more efficient than BTC and offers a more sustainable way to earn income in the form of staking.
By temporarily locking GBTC in a smart contract, you earn extra tokens. In addition, Green Bitcoin offers an alternative form of staking, with which you can earn even more tokens for predicting the Bitcoin price.
You can buy Green Bitcoin in the presale for $1.03 per GBTC in the presale. This presale has already raised over $5.8 million in a short time and will soon sell out completely, followed by the launch of GBTC on exchanges.
Now to Green Bitcoin
Bitcoin Minetrix (BTCMTX) – Mine Bitcoin via promising presale crypto
Bitcoin Minetrix (BTCMTX) is another alternative to Bitcoin that allows you to capitalize on the Bitcoin halving even further by mining Bitcoins via the cloud. The project will go live soon, but you can still buy these utility tokens for a lower price in the presale.
By staking BTCMTX you earn tokens and mining credits. Thanks to this Stake-to-Mine system, it is possible to continue mining via the cloud with a single investment, giving you 2 forms of passive income (BTCMTX + BTC).
Bitcoin Minetrix has already raised over $12.39 million in its presale and may soon reach its hard cap of $15 million. The presale will then be sold out and the token will be launched shortly afterwards. By quitting early, you’ll earn passive rewards during the presale.
Now to Bitcoin Minetrix
Dogecoin20 (DOGE20) – New meme coin is the next hype
Dogecoin is the first and largest meme coin on the market, but is starting to lag behind new meme coins. The new Dogecoin20 (DOGE20) combines the best of Dogecoin with a new form of utility, bringing the old meme coin back to life.
DOGE20 is an ERC-20 token that gives investors the opportunity to earn passive income for holding their favorite canine meme coin. The meme coin plans to build a strong community, just like Dogecoin, which could make it worth a lot in the future.
Dogecoin20 is currently on presale for $0.000164 each and has the potential to go x10 after launch. The presale went live a few days ago, but has already raised over $1.9 million in this time.
Now to Dogecoin20
Disclaimer: This is a paid article, from a third party. Cryptocurrencies are a highly volatile and unregulated investment. Readers should do their own research before taking any action regarding the promoted company or any of its mentioned businesses or services. CryptoBenelux is not responsible, directly or indirectly, for any damage or loss caused by or in connection with reliance on goods, services or content mentioned in the press release.
Source: https://cryptobenelux.com/2024/03/19/crypto-analist-voorspelt-zal-xrp-opwaarts-momentum-vasthouden-en-kan-ripple-1-euro-worden-na-bitcoin-halving/
