XMR, XRP, and UNI: 3 Altcoins to Watch as Bitcoin Rallies Past $100K

News

  • Monero offers unmatched privacy and could see a 26-46% price increase.
  • Ripple benefits from legal wins, with targets between $4-$8 in the short term.
  • Uniswap leads DeFi, with whale activity signaling potential for new price highs.

Bitcoin’s rally has drawn attention to other cryptocurrencies with strong potential. XMR, XRP, and UNI are worth watching for their unique use cases and price setups. Monero offers unmatched privacy, Ripple is revolutionizing cross-border payments, and Uniswap leads in decentralized finance.

Monero (XMR): The Privacy Champion

Source: Trading View

As governments tighten financial regulations, Monero provides a secure and anonymous alternative.Trading volume recently dropped to $49.32 million, but open interest increased by 4.96% to $19.74 million. Traders expect volatility, with $92,180 liquidated from shorts in 24 hours. Key resistance levels stand at $230.57 and $259.64. Breaking $230 could push the price to $260-$300, a potential 26-46% gain.

Ripple (XRP): Positioned for Growth

Source: Trading View

XRP recently broke out of a symmetrical triangle pattern, signaling a strong uptrend. Staying above the 20-day EMA of $2.34 could lead to targets of $2.73 and $2.91. Breaking $2.91 could push XRP to $4.84. However, falling below $2.20 may weaken this bullish outlook. Analysts predict XRP could rise to $4-$8 in the short term, increasing market value significantly.

Uniswap (UNI): Leading the DeFi Revolution

Source: Trading View

Uniswap remains a powerhouse in decentralized finance. Whale activity has surged, with large transactions rising by 694% in 24 hours. This signals potential for a major price move. Uniswap is currently trading at $12, with strong support at this level. Analysts believe the price could test $17. Breaking above $17 might lead to new highs.

Monero, Ripple, and Uniswap stand out as Bitcoin reaches $100K. Monero provides top-notch privacy, Ripple dominates cross-border payments, and Uniswap drives decentralized finance. These three altcoins could deliver substantial gains as the market trends upward.

The post XMR, XRP, and UNI: 3 Altcoins to Watch as Bitcoin Rallies Past $100K appeared first on Cryptonewsland.

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