While XRP showed off its potential, new presale tokens like Bitcoin Minetrix (BTCMTX), Meme Kombat ($MK) and TG Casino ($TGC) are expected to gain traction because of the obvious potential they possess and could be the best tokens you can buy now. But before getting into these coins, let's have a look at how far XRP could go.
XRP Price Prediction 2023 - How Far Can Ripple Rally As Price Pumps?
The crypto market has been rekindled to life with last week's massive price surge in major coins. In line with its peers, Ripple (XRP) maintained its bullish outlook. This cross-border money remittance token maintained its uptrend in the last 30 days, climbing nearly 16%. But how far does Ripple's price rally as it pumps up?
XRP Price Prediction 2023
XRP Price Prediction 2023
XRP Bullish Momentum – Can It Rally to As High As $2?
XRP has surged back to $0.6 for the first time since mid-August. Even though the uptrend appears subtle, the Moving Convergence Divergence (MACD) has consistently backed it up.
Additionally, the momentum indicator holds above the mean line while ascending into the positive region while the blue MACD line flipped above the red signal line. If this bullish outlook is sustained, the path of least resistance will remain upward.
However, bulls need to prepare for an impending resistance marked by the 38.2% Fibonacci retracement at $0.62 and a major obstacle at $0.65.The daily chart of XRP shows a bullish cross for the first time since April. This happened when the 50-day Exponential Moving Average (EMA) crossed over the 200-day EMA. Golden Crosses are often used by traders to assess whether an uptrend is valid. If the token is to be effective, it needs to be accompanied by a rise in demand.
This bullish narrative and the robust market structure are confirmed by the Relative Strength Index (RSI). However, investors should stay vigilant because pullbacks are likely to occur amid profit-booking among other investors.
An abrupt return of the RSI to neutral could be viewed as a confirmation of retracement. In the meantime, support is expected at $0.56, acting as an accumulation level that allows investors and traders to accumulate XRP tokens at lower prices to realize gains above $1.
There is a strong correlation between increased liquidity and high volatility in the crypto market - two key factors driving price rallies. A pullback or consolidation moment in a bull market helps build momentum for a breakout; in this case, XRP's will move close to $2.
While XRP is showing strong rally potential, there are some new tokens offering insanely high returns for early adopters. So, let's check them out.
1. Bitcoin Minetrix (BTCMTX) – Innovative Stake-to-Mine Approach to Passive Income with High APY
Bitcoin Minetrix (BTCMTX) is an innovative platform that offers you the opportunity to mine Bitcoin without having to spend thousands of dollars on expensive hardware.
With its Stake-to-Mine feature, you stake $BTCMTX tokens to get credits you can burn for cloud mining power or a share of the profits. Additionally, you can stake your tokens regularly to earn BTCMTX - at an APY of 202%. The ultimate goal of this project is democratizing Bitcoin mining so that anybody can make money passively.
On top of that, Bitcoin Minetrix is free of upfront fees and hidden fees, making it stand out from other low-transparency projects.
This project is in presale, and so far, it's been a big hit. With $2.9 million raised, Bitcoin Minetrix has clearly caught the eye of investors, making it one of the best new tokens to invest in. You can get BTCMTX tokens right now for just $0.0113 but don't wait too long, as the price will be rising soon.
2. Meme Kombat ($MK) – Memes, Gaming, Staking, and Wagering Converge with 112% APY Staking Rewards
Meme Kombat ($MK) is another new crypto you should check out. This crypto combines some of the most viral trends like memes, gaming, staking, and wagering, blending them all together for lots of fun.
Meme Kombat takes a deep dive into wagering, combining gaming and gambling in an enormous market worth approximately $95 billion. As this sector is projected to grow by 8.54% annually, the $MK token price could go up.
Another attractive feature is staking, which offers an APY of 112%. With MK tokens staked, you can earn passive income, and once the battling system launches after presale, these tokens can also be used for betting.
With 50% allocated to the presale, 30% going to staking and battling rewards, and 20% going to community and liquidity, the tokenomics and roadmap are designed for sustainability.
Currently, the first stage is almost sold out, so you have a very short time to grab $MK tokens for just $1.667. So take advantage of this opportunity and join now.
3. TG Casino ($TGC) – The Ultimate Telegram-Based Casino Gaming Experience with Exceptional APY
TG Casino ($TGC) is another brand-new casino token that promises to revolutionize the gambling industry. It's a Telegram-based crypto gambling app with a massive number of users, enabling you to take advantage of the best of both worlds.
Plus, Telegram's end-to-end encryption ensures maximum privacy for betting activities, making it the perfect choice if you like casino gaming.
$TGC offers alluring stake rewards and offers an attractive entry price during the presale period. With early participation, you can reap substantial returns on your investment with an attractive APY.
As part of this project plan, there will be a wide selection of probably fair slot machines, traditional table games with live and virtual dealers, and an extensive sportsbook that offers pre-game and in-play betting.
The presale of $TGC has been nothing short of spectacular, with over $1.6 million raised so far, indicating strong demand in the near future. With crypto gambling on the rise, TGC can lead the way, so get involved now.
Conclusion
The recent crypto surge has revived the market, so it's no surprise XRP is on the rise. But if you’re looking for even bigger gains, BTCMTX, MK and TGC are definitely worth checking out. These coins have surpassed serious presale milestones due to their exceptional use case and amazing yields. The presale is selling out quickly, so get in before it's too late.
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