XRP

XRP Predicted to Remain Bearish – Top Altcoins to Diversify With For Ripple Holders


(Friday 05 July 2024, 12:43 PM GMT):

The crypto market is facing a tough period as Bitcoin’s price drop puts pressure on prices. Despite the current downturn, anticipation for the next bull run remains high. Altcoins, although undervalued at the moment, are poised for a major surge. In the midst of this, XRP stands out with bleak predictions suggesting it may be “decline” within a year. However, Ripple holders can find solace in diversifying into promising altcoins. This article delves into the top altcoins that could experience significant growth, offering an alternative for those concerned about XRP’s uncertain future. The insights provided aim to capture the reader’s interest, revealing which coins are primed for the next big breakout.


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Ethena (ENA) Primed for a Bullish Comeback Despite Recent Dips

Ethena (ENA) has been trading between $0.48 and $0.59, with bulls showing signs of resilience amidst bearish pressure. Despite a weekly drop of nearly 36% and a monthly decline of 63%, the coin still demonstrates potential. The nearest resistance level is $0.65, offering a gateway to higher gains. If ENA manages to breach this, it could potentially climb to $0.76, marking a 60% increase from its current range. Historical patterns and a 22.77% rise over the past six months suggest a promising rebound. The low RSI and Stochastic values indicate that ENA is oversold, hinting at a potential surge as buying pressure builds.


Ondo (ONDO) Poised for Growth Despite Recent Dip

Ondo (ONDO) is showing signs of a potential comeback. Currently trading between $1.07 and $1.31, the bulls seem to be gathering strength. The nearest resistance level is at $1.42, while the nearest support level is $0.93. ONDO’s 10-day average is $0.99, and the 100-day average is $1.13, suggesting a solid foundation. Despite a recent price drop of nearly 19% over the past week and 35% over the past month, ONDO’s 6-month gain of over three thousand percent showcases its long-term potential. If the trend reverses, breaking the $1.42 resistance could lead ONDO to rise above $1.67, marking a possible uptick of over 30% from its current range.


Turning Point for Pyth Network (PYTH) Amidst Crypto Turbulence

Pyth Network (PYTH) is seeing a mix of movements between $0.29 and $0.34. The bulls are testing the nearest resistance at $0.37, while support sits at $0.27. Despite a significant monthly dip of almost 44%, there’s potential for an upward trend. Breaking past $0.37 can push PYTH to $0.41, marking a potential 20% rise. If the market embraces a bullish altcoin season, PYTH could even reach higher resistance levels. The simple moving averages and MACD suggest a tentative recovery is on the horizon.


Conclusion

ENA, ONDO, and PYTH show limited short-term potential. In contrast, CYBRO offers a game-changing investment opportunity. The platform’s AI-powered yield aggregation on the Blast blockchain stands out. CYBRO provides rewards through staking, airdrops, and cashback on purchases. The platform ensures easy deposits and withdrawals, appealing to users. Its commitment to transparency and compliance, along with high interest from major investors and influencers, highlights CYBRO’s promising prospects.

Site: https://cybro.io

Twitter: https://twitter.com/Cybro_io

Discord: https://discord.gg/xFMGDQPhrB

Telegram: https://t.me/cybro_io


Disclaimer:

The information provided in this article is for general informational purposes only and does not constitute financial advice. This content includes third-party opinions and predictions. Cryptocurrency investments are highly volatile and can involve significant risk. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions.

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