A well-known crypto analyst is optimistic about the prospects of XRP, which recently surged over fivefold in just a month.
Altcoin Sherpa believes XRP might be on the verge of reaching new all-time highs against the US dollar.
Currently priced at $2.65, XRP remains about 23% shy of its previous all-time peak of $3.40. Since early November, the asset has experienced a remarkable 434% gain.
Sherpa notes that the XRP/Bitcoin pair presents a stronger risk-to-reward ratio, as it currently sits below a resistance level that has been in place since May 2021. XRP/BTC is approximately 88% below its all-time high of 0.0002247 BTC.’
Shifting focus to the Solana (SOL) network, Sherpa expresses confidence in the future growth of AI-based crypto assets within the ecosystem. He believes the combination of speculation and technological innovation makes Solana a top platform for AI-related tokens.
Some of his favorites include Goatseus Maximus (GOAT), The AI Prophecy (ACT), and Zerebro (ZEREBRO), all of which have seen impressive gains recently.
XRP is trading near the $3 mark after gaining 2.98% in the past 24 hours, supported by a surge of bullish momentum across regulatory, institutional, and real-world utility fronts.
Ondo (ONDO) has captured trader attention with a confirmed breakout above $0.87, signaling a possible shift in trend after months of consolidation.
Hedera’s native token HBAR is facing selling pressure after an explosive 49% monthly surge, dropping over 5% in the past 24 hours at time of writing.
Solana (SOL) has gone up by 7% in the past 7 days after the approval of the first exchange-traded fund (ETF) linked to this token in the United States. The REX-Osprey SOL + Staking ETF (SSK) is already nearing the $100 million mark in assets under management (AUM), which favors a bullish Solana price prediction. […]