XRP News Today: Bitcoin Near $120K—XRP, DOGE, SHIB Respond—Here’s Why XYZVerse Could Be the Unexpected Surprise

Bitcoin’s price has surged closer to $120,000, currently trading between $114,610 and $120,963. Over the past month, the asset gained 12.04%, though it dipped 0.42% weekly. Technical indicators show consolidation around key moving averages, with the 10-day and 100-day SMA at $118,387 and $118,297, respectively. The RSI at 47.16 signals neutral momentum, while the MACD (-52.57) suggests bearish pressure. If Bitcoin breaks above $124,685, it could target $131,038; a drop below $111,979 risks testing $105,626 [1].

Ripple (XRP) has gained 42.54% in a month, trading between $2.95 and $3.81. Despite this, the 6-month change is -0.54%, and the price remains below its 100-day SMA of $3.44. The RSI (34.65) nears oversold levels, hinting at potential rebounds, though the MACD (-0.0805) remains bearish. A breakout above $4.16 resistance could drive XRP toward $5.02, but support at $2.45 and $1.60 remains critical [1].

Dogecoin (DOGE) saw an 8.94% weekly rise and a 42.47% monthly gain, though it remains down 33.47% over six months. Currently trading between $0.22 and $0.31, the RSI (37.25) approaches oversold territory, while the MACD (-0.0058) suggests lingering bearishness. Key resistance at $0.34 and support at $0.16 will determine its short-term trajectory [1].

Shiba Inu (SHIB) declined 6.68% weekly despite a 15.99% monthly rise. Over six months, it has fallen 32.77%. The RSI (34.77) and 10-day SMA ($0.00001358) indicate short-term weakness, with MACD (-0.0000003217) pointing to continued declines. Resistance at $0.00001780 and support at $0.00001160 are pivotal for potential rebounds [1].

Amid this volatility, XYZVerse ($XYZ) emerges as a potential disruptor. The sports-themed memecoin, which raised $15 million in its presale, combines meme culture with real-world utility. It partners with bookmaker.XYZ, a decentralized sportsbook, and offers token holders exclusive betting perks. The presale price has climbed from $0.0001 to $0.005, with projections suggesting a $0.10 listing price could yield 1,000x returns for early investors. Community rewards and gamified partnerships further differentiate XYZVerse from traditional memecoins [1].

The project’s tokenomics emphasize price stability through burns and strategic exchange listings. With presale funds nearing $20 million, XYZVerse aims to leverage its unique blend of sports and web3 to capture market attention. Analysts note that while its success depends on adoption and market conditions, its community-driven model and tangible partnerships position it as a wildcard in a bullish crypto landscape [1].

Source: [1] [Bitcoin Near $120K—XRP, DOGE, SHIB Respond—Here’s Why XYZVerse Could Be the Unexpected Surprise] [https://coinmarketcap.com/community/articles/6884932de8d71879e9c53fbe/]