🚀 Top Altcoins Primed for 100X: XRP Nears Critical Support Level—$3 Comeback Incoming?

XRP bulls are holding their breath as the embattled altcoin approaches a make-or-break support zone. A bounce here could ignite the rocket fuel for a retest of $3—a price last seen before the SEC decided crypto was their personal piñata.

Meanwhile, traders are scanning the altcoin universe for the next 100X moonshot. Forget "fundamentals"—this is crypto, where memes move markets and VCs dump on retail. Pro tip: Watch for coins that haven't yet been rugged... this week.

Will XRP's chart play out like a textbook reversal or another liquidity grab? Either way, grab your popcorn—the only certainty in this market is the 24/7 leverage casino never closes.

This stable asset has seen its market cap expand from $50 to $450 million in just 6 months as multiple big exchanges like Kraken and Bybit have listed the asset.

Moreover, Ripple recently announced that they now support USDC transfers via the Ripple network. This opens up huge transaction volumes coming from the second-largest stablecoin in the world.

Users may prefer to use the Ripple blockchain due to its low cost and fast transaction execution speeds. In addition, this network is considered safer than many other decentralized alternatives as the company that oversees it is based in the United States and subject to the country’s regulations.

as the utility token of the Ripple network. However, the market has downplayed these factors amid the prevailing negative sentiment triggered by the ongoing armed conflict between Iran and Israel.

XRP Could Retest Its $2.1 Support Level Soon

Looking at the 4-hour chart, we can see that XRP has entered a phase of consolidation as its price has been fluctuating within a tight range, moving from around $2.1 to $2.3 on multiple occasions.

These consolidations are typically considered accumulations, meaning that market participants are amassing XRP tokens while they expect the next big move.

Buying at around $2.1 has been a SAFE bet thus far and this could be where the price is heading now as sellers are currently in control of the price action.

However, if the price breaks below this area, it WOULD mean that the market is prepared to retest the key psychological threshold of $2 that has served as support in prior instances.

This would be the optimal entry for a long position and, if the price bounces again off that level, it could trigger a rally to the $2.3 area first and beyond if FOMO takes over the market.

The 9-period exponential moving average (EMA) has made a ‘death cross’ with the 21-period EMA in this lower time frame and that favors a bearish outlook, meaning that

Spotting the best and most promising cryptocurrencies can seem a bit daunting. However, a new crypto presale called Snorter (SNORT) makes it easier for traders to snipe meme coins in the solana ecosystem through an automated bot.

Snorter (SNORT) Presale Surpasses $1M Raised Less Than a Month After Its Launch

Snorter (SNORT) is a trading bot designed for the Solana and ethereum blockchains to snipe and trade the most promising meme coins with the kind of precision that only algorithms can achieve.

The bot offers low commissions for users, the possibility of setting limit orders, and protection against fraudulent offerings.

$SNORT is the utility token that powers this automated trading bot. As the solution starts to deliver good results, the demand for this cryptocurrency will likely explode.

In addition,– which is known for its widely successful meme coin segment.

To buy $SNORT at its discounted presale price of $0.0957, head to the Snorter website and connect your wallet. You can either swap USDT or ETH for this token or use a bank card to invest.

The post Best Altcoins to 100X: XRP Heads to Retest Key Support That Could Push it Back to $3 appeared first on icobench.com.