Ah, dear reader! It appears that a spot XRP exchange-traded fund (ETF) is inching ever closer to the coveted approval, as the US securities regulator has finally acknowledged the filings from the illustrious trio of Bitwise, Grayscale, and 21Shares. This delightful news is bound to tickle the fancy of XRP enthusiasts, but lo and behold, crypto traders are casting their nets wider, seeking the top XRP rivals that might just outshine our dear XRP and possibly rally by a staggering 100x! π©
In this whimsical analysis, we shall explore the three finest XRP rivals that could very well embark on a 100-fold journey ahead of Rippleβs ETF approval deadline. Buckle up, for the ride promises to be nothing short of exhilarating! π’
XRP Rivals to Buy: 3 Cryptos That Could Rally 100X
As the SEC prepares to make its grand decision, XRP rivals are poised to benefit from any potential rally. Here are three coins that are practically bursting with potential for explosive 100x gains! π₯
Stellar (XLM)
Stellar (XLM) has been strutting its stuff with an impressive rally in late 2024, where it gallantly soared by over 500% between November and December. One can only imagine the jubilation in the air! Should the SEC give a nod to the XRP ETF, Stellar, being one of Rippleβs most formidable rivals in the crypto payments arena, could very well experience a 100x gain. π₯³
At the time of this writing, XLM is trading at a modest $0.33, having taken a slight tumble of 4% due to a broader crypto market pullback. Fear not, for despite this minor setback, XLM remains the 14th largest crypto by market capitalization, still basking in its market dominance. π
On the daily chart, XLMβs on-balance volume (OBV) remains elevated, suggesting that demand for the token has not dried up like last weekβs toast. If the buying sentiment persists, XLM could very well aim for the 161.8% Fibonacci level at $0.87. π
Dogecoin (DOGE)
Ah, Dogecoin! The cheeky canine of the crypto world, and a major XRP rival to boot! With its clear regulatory standing with the SEC, it seems likely that DOGEβs ETF could receive approval sooner than you can say βto the moon!β π
Currently trading at $0.24, DOGE has faced a bearish pressure leading to a 5% decline in the last 24 hours. However, it continues to prance within an ascending parallel channel on the weekly chart, hinting at a bullish continuation. πΆ
According to the ever-astute analyst Ali Charts, DOGE must hold support between the $0.16 and $0.19 price levels. If this support holds firm, the Dogecoin price prediction suggests a rally towards $3, making it one of the top XRP competitors to buy for those looking for 100x gains! πΈ
Cardano (ADA)
Cardano, the dapper gentleman of the crypto realm, has rallied by 29% over the past year, showcasing a positively splendid outlook that positions it as one of the top XRP rivals that could 100x. Despite a recent drop of 4% to trade at $0.768, ADA is valiantly defending a multi-month support level at $0.70. π΄οΈ
ADA faces immediate resistance at the 38.2% Fibonacci level of $0.82, having been rejected from this level more times than one can count due to waning retail interest. However, should buyer demand rise again, and a breakout occur, Cardano could very well leap past $1 to the 161.8% Fib level of $1.83. π
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2025-02-22 19:19