XRP Price Plunges, But Bullish Signs Emerge
XRPās price has dropped by 36% from its peak this year. Despite this,there are positive signs. These include ETF applications, the Hidden Road acquisition, and the SEC vs. Ripple caseās conclusion.
experts predict a strong bullish breakout for XRP in the coming weeks. A bullish pennant pattern on the daily chart and rising inflows in the XXRP ETF support this. Rippleās focus on challenging swift in the money transfer industry is also a positive.
Top XRP Rivals for Big Gains
Here are some top XRP rivals to consider for the next crypto bull run:
- Stellar (XLM)
- Zebec Network (ZBCN)
- Alchemy Pay (ACH)
Stellar: A Leading XRP Rival
Stellar, often called XRPās ālittle cousin,ā is a major player in the payment industry.It was founded by a former Ripple co-founder. Stellarās weekly transactions rose by 15% to 19.6 million, surpassing chains like Arbitrum, Ethereum, and Avalanche.
Stellar is the third-largest chain in real-world asset tokenization, with $500 million in tokenized assets. Technically, XLM has formed a bullish flag pattern, suggesting a potential rebound to $0.6322, a 135% increase.
Alchemy Pay: Bridging Crypto and Fiat
Alchemy Pay aims to bridge the crypto and fiat ecosystems. It offers on- and off-ramp solutions for buying and selling crypto using mainstream payment methods. alchemy Chain unifies global liquidity by aggregating stablecoins, lowering cross-border transaction costs.
ACH price has been trading sideways, indicating an accumulation phase. If this pattern holds, ACH could rally to $0.058, a 170% gain.
Zebec network: Fast-Growing Payment Platform
Zebec Network processes over $1 billion in funds for more than 250 companies. It offers Mastercard-branded cards for global crypto spending. Zebecās recent acquisition of Science Card, with over 50,000 users, could expand its reach.
ZBCN has surged over 700% this year. However, it may enter a distribution phase, leading to a pullback. This could provide a new entry point for investors.