XRP, Sui, and Pudgy Penguins Set to Hit New All-Time Highs Next Week: Top Altcoins to Watch
The post XRP, Sui, and Pudgy Penguins Set to Hit New All-Time Highs Next Week: Top Altcoins to Watch appeared on BitcoinEthereumNews.com.
The post XRP, Sui, and Pudgy Penguins Set to Hit New All-Time Highs Next Week: Top Altcoins to Watch appeared first on Coinpedia Fintech News The crypto market is starting to go more mainstream, especially after the new GENIUS Act was passed last week. That news has helped push Bitcoin to even higher levels of dominance, meaning most of the money right now is flowing into Bitcoin rather than altcoins. But as investors start buying during the altcoin dip, popular altcoins like XRP, Sui, and Pudgy Penguins could be on track to hit new all-time highs in the coming week. Bitcoin Dominance May Restrict Altcoins Bitcoin’s dominance has grown a lot in recent weeks, now hovering over 60% of it. As a result, many altcoins have seen their prices drop. If this trend continues, even more money could move into Bitcoin, which might put pressure on altcoins. Still, despite this, top altcoins like XRP, Sui, and PENGU could break out and hit new all-time highs in the coming week. XRP Price Analysis Recently, XRP hit near all-time highs above $3.60, but the achievement was quickly overshadowed by large outflows from a wallet linked to Ripple co-founder Chris Larsen. Investors face new warnings over becoming “exit liquidity” after Ripple co-founder Chris Larsen moved 50 million tokens to exchanges. He still has around $9 billion left to sell. XRP/USD If concerns around XRP sell off decline, XRP price might attempt to retest its resistance at $3.6. As of writing, XRP price trades at $3.4, surging over 5.5% in the last 24 hours. The RSI level is currently on a rise, heading toward the midline. If buying demand continues and XRP breaks above $3.6, it might form a new ATH next week. However, a failure to hold above the EMA20 trend line on…
