XRP’s Dead Cross Worries Traders Even as Bitcoin Rebounds—Check Out These Bullish XRP Alternatives

November 03, 2024

Traders are growing uneasy as technical indicators suggest potential downturns for certain cryptocurrencies. Despite Bitcoin's recent rebound, assets like XRP are showing patterns that raise concerns about future performance. In this shifting market, investors are keen to find coins poised for growth.

One such alternative is XYZVerse, a memecoin uniting sports fans across various disciplines. It blends meme culture with sports enthusiasm, aiming for significant growth through its community-driven ecosystem.

The All-Sports Meme Token You Can’t Afford to Bench!

XYZ is your exclusive VIP pass to a sports-driven, meme-fueled revolution. Think of it as the MVP of the XYZVerse ecosystem, where degens can score big off the growing demand for prediction markets

Picture this: Polymarket hitting $1 billion in trading volume during the US presidential election – now throw in the hype of meme coins and the thrill of sports betting. With millions of sports fans ready to hit the field and cash in the XYZVerse ecosystem is set to keep expanding – and your rewards will slam dunk through the roof!

>>>XYZ presale is your first-quarter chance to get in before the mind-blowing explosion!<<<

In 2024, meme coins are the undisputed champions of the crypto world, and XYZ is set to crush the competition. With potential thousand-fold returns that will blow past the finish line, the presale plan draws a hefty 99,900% growth by the TGE. Forget about BOME’s 5,000% rise or WIF’s 1,000% rally – XYZ is here to outscore them all!

With upcoming listings on major CEX and DEX platforms, rock-solid defense in the form of audited smart contracts, and a fully vetted team, XYZ is already ahead of the game. The first-mover advantage is key here – get in before the crowd storms the field, and you’ll be sitting on way bigger returns!

>>Don’t be left on the bench – grab your XYZ tokens now and be part of the next massive crypto championship!<<

XRP (XRP)

XRP has seen a slight decline over the past week, dropping by 2.15%. Over the past month, it has decreased by 18.63%. However, looking at the last six months, XRP has maintained a modest gain of 0.77%. This suggests that despite recent dips, the coin has shown resilience over a longer period.

Currently, XRP is trading between $0.48 and $0.56. The nearest resistance level is at $0.60, and the next one is at $0.67. On the downside, the nearest support level is $0.45, with a second support at $0.37. If XRP moves past the $0.60 resistance, it could see an increase of about 7% from its current upper range. If it falls below the $0.45 support, there might be a decrease of around 6%.

Technical indicators show mixed signals. The 10-day and 100-day Simple Moving Averages are both at $0.52, indicating sideways movement. The Relative Strength Index is at 45.95, which is below the neutral 50 mark, suggesting the coin is neither overbought nor oversold. The Stochastic oscillator reads 60.84, leaning slightly towards overbought conditions. The MACD level is minimally negative at -0.0002126, pointing to slight bearish momentum. Based on this data, XRP may continue to trade within its current range, with potential for a breakout or further consolidation depending on market sentiment.