XRP News: Ripple Altcoin on the Verge of Catching Up to Ethereum in Market Capitalization

In the fiercely competitive world of cryptocurrencies, XRP is emerging as a serious contender to Ethereum’s throne. Boosted by recent momentum, the Ripple altcoin is testing critical levels that have historically preceded significant price increases, bringing it closer to Ethereum in market capitalization.

XRP Challenges Ethereum Like Never Before

For years, crypto projects have been engaged in a relentless battle to dethrone Ethereum. Between Solana, XRP, and other ambitious altcoins, the competition is fierce. Yet, XRP is on the verge of catching up to ETH in market capitalization. The Ripple altcoin, boosted by recent momentum, is testing a critical level that has historically preceded soaring increases. Since March, the XRP price in ETH reached 0.00128, an achievement that brings its rebound from the historical low to 925%. Some analysts see this as a major bullish signal, indicating that each time XRP has broken through significant resistance against ETH, its price has skyrocketed.

XRP at a Make-or-Break Moment: Can Bulls Defend the $1.20 Support?

XRP is currently in a crucial phase as it battles between a breakout and a potential deeper correction. The price must stay above $1.20 to maintain bullish momentum; otherwise, it risks a bearish trend. A head-and-shoulders pattern suggests $2 as another key support level, but $1.20 is critical in triggering the next bullish run. If this support is lost, it could mark the start of a bearish run.

XRP Price Prediction: Is a Breakout on the Horizon?

While XRP fights for its breakout, Dawgz AI is leading the market with its explosive growth and AI-powered momentum. Launched in 2012, XRP is a digital asset designed for fast, low-cost transactions, running on the XRP Ledger. The article discusses the potential price prediction for XRP in 2025, 2028, and 2030.

Jason Calacanis Asserts XRP Is Centralized and Controlled by Few Individuals

Prominent angel investor Jason Calacanis has stirred up the crypto community by claiming that Ripple’s XRP is centralized and controlled by just a few individuals. He ruled out the possibility of XRP replacing Bitcoin (BTC) as the ultimate digital asset. Calacanis previously contended that XRP was a ’centrally controlled security’ and forecasted chaos if the U.S. Securities and Exchange Commission approved spot XRP exchange-traded funds (ETFs). He also postulated that XRP was a ’disaster’.