Ripple has surged by almost 500% since November, triggering a rally among old-school cryptocurrencies. VeChain, Zilliqa, and JasmyCoin are among the top coins to watch, with VeChain and Zilliqa forming bullish patterns and JasmyCoin exhibiting a cup-and-handle pattern. These coins have strong momentum, with potential targets at $0.1413 for VeChain, $0.1 for Zilliqa, and $0.0720 for JasmyCoin.
The cryptocurrency market has experienced a remarkable surge in recent weeks, with Ripple's XRP leading the charge. Since November, XRP has surged by almost 500%, triggering a rally among old-school cryptocurrencies (1). This bullish trend has not gone unnoticed, and several other coins have emerged as promising investments. In this article, we will explore VeChain, Zilliqa, and JasmyCoin, three top coins to watch amidst Ripple's surge.
Firstly, VeChain (VET) has formed a strong bullish pattern, with potential targets at $0.1413 (2). This coin is a blockchain-based platform that aims to provide businesses with a more efficient and secure way to manage their supply chains. VeChain has already partnered with several major companies, including PwC, DNV GL, and BMW, and its adoption continues to grow. The recent surge in XRP's price has boosted investor sentiment towards VeChain, leading to a significant increase in its market capitalization.
Secondly, Zilliqa (ZIL) is another coin that has formed a bullish pattern, with potential targets at $0.1 (2). This coin is a high-performance blockchain platform that uses sharding technology to enable fast and secure transactions. Zilliqa has already partnered with several major companies, including Microsoft and Mastercard, and its adoption continues to grow. The recent surge in XRP's price has led to a significant increase in investor interest in Zilliqa, leading to a sharp rise in its market capitalization.
Lastly, JasmyCoin (JASMY) is a coin that has exhibited a cup-and-handle pattern, with potential targets at $0.0720 (2). This coin is a data utility token that aims to provide individuals and businesses with a more secure and private way to share and monetize their data. JasmyCoin has already partnered with several major companies, including LG and Panasonic, and its adoption continues to grow. The recent surge in XRP's price has led to a significant increase in investor interest in JasmyCoin, leading to a sharp rise in its market capitalization.
In conclusion, the recent surge in Ripple's XRP has led to a significant increase in investor interest in the cryptocurrency market. VeChain, Zilliqa, and JasmyCoin are three top coins to watch amidst this bullish trend, with strong momentum and potential targets at $0.1413, $0.1, and $0.0720, respectively. As always, investors should exercise caution and conduct thorough research before making any investment decisions.
References:
1. Fortune. (2024, December 2). Ripple's XRP soars over 40 as regulatory headwinds let up. https://fortune.com/crypto/2024/12/02/ripples-xrp-soars-over-40-as-regulatory-headwinds-let-up/
2. CoinMarketCap. (n.d.). VeChain, Zilliqa, and JasmyCoin. https://coinmarketcap.com/currencies/vechain-vet/
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