Ripple Watch Intensifies: Nearly Half a Billion XRP on the Move - 3 More Altcoins Poised for Big Moves This Year
Ripple is making headlines again as nearly half a billion dollars' worth of XRP moves across wallets, sparking renewed speculation about a major shift in market direction. This surge in activity among whales suggests that something big could be brewing. But XRP isn’t the only coin under the microscope—three other altcoins are also flashing potential breakout signals. In this article, we break down the latest technical indicators and what they reveal about the opportunities ahead for XRP, Ethena, Worldcoin, and Uniswap.
XRP on the Edge: Bulls or Bears?
Source: tradingview
XRP is in an interesting spot, trading between two and a bit over two dollars. Bulls appear to have the upper hand, with the current price above the simple moving averages and the RSI showing strength. The price is nudging close to two-and-a-half dollars, a tough point to pass. If XRP vaults over this, it could aim for nearly $2.76, marking a jump of about 20% from the lower end of its range. However, recent months have been a mix of ups and downs. If the bulls fail, the price might slide back to about $1.93 or lower. Keep an eye on these levels to gauge the battle between the bulls and bears.
Ethena (ENA) Struggles to Break Free: Bears in Control
Ethena is currently priced between $0.26 and $0.39, struggling to push past the $0.46 mark. The coin's recent 3.9% rise this week hasn't been enough to counter its 7% drop over the past month and a steep 68% fall in the last six months. With a Relative Strength Index near 50, ENA shows no strong trends, hinting at equilibrium between buyers and sellers. However, the low stochastic value suggests it might be oversold, indicating a potential for growth. Should bulls seize control, the coin could aim for $0.46, and if momentum builds, possibly reach $0.58. This would represent gains of almost half its current range. For now, bears maintain an edge, with support holding at $0.21.
Worldcoin Price Faces Bearish Pressure Amid Weak Growth Potential
Worldcoin's price is hovering between one and one-dollar-forty cents, pointing to uncertain movement. Bulls seem hesitant as they battle just above a key support level at eighty-three cents. The current RSI suggests the coin's momentum is weakening, and a negative MACD adds to a bearish outlook. Over the past week, Worldcoin has dipped slightly by over three percent, contrasting a modest monthly gain. Despite this, a sharp decline over six months of more than sixty percent shows enduring pressure. If bulls rally, the price could test the resistance at a dollar-sixty-three, marking a rise of nearly 20%. However, slow indicators suggest bears could drag it closer to the lower support.
Uniswap Price Struggles: Bulls and Bears Locked in Battle
Uniswap's price remains in a tug-of-war with bulls and bears. It currently trades in the range of about $5.57 to $7.37. The bulls seem to be having a tough time as the price has recently increased by a small percentage over one week and one month, but it is significantly lower over six months. With its current position above the 10- and 100-day moving averages, there's potential for growth. If bullish energy builds, prices might reach the nearest resistance of $8.44, marking an upward move of about a third from the lower range. However, it's the $10.25 resistance that offers a more ambitious target, indicating a potential high climb from current levels.
Conclusion
With XRP approaching key resistance levels and bullish indicators aligning, the coin may be gearing up for a significant move. Meanwhile, Ethena, Worldcoin, and Uniswap each present unique risk-reward profiles—ranging from possible oversold rebounds to range-bound uncertainty. As market sentiment shifts, these altcoins could become the next big gainers. Traders and investors alike should keep these names on their radar as 2025 unfolds.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
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