XRP Surge Alert: as Altcoins Crush Bitcoin in Epic Rally

In the fast-moving world of crypto, XRP is stealing the show. This week, XRP jumped 33% in price, hitting $3.26. It now sits just 4.8% away from its all-time high. While Bitcoin stays flat after new peaks, altcoins like XRP are leading a huge market rally.

Why XRP is Breaking Out Big Time

XRP broke through a key resistance level at $2.60. This move opens the door for even higher prices. Experts say if XRP pushes past $3.40, it could enter price discovery mode. That means new highs with no clear top in sight.

The XRP price surge shows strong buyer interest. Trading volume is up, and whales are accumulating. Ripple’s ongoing wins in court and growing use in cross-border payments add fuel to this fire.

• Current Price: $3.26
• Weekly Gain: +33%
• Distance to ATH: 4.8%
• Next Target: $3.40+

Altcoins Take the Lead Over Bitcoin

Bitcoin hit fresh all-time highs but couldn’t hold gains. Its market dominance dropped from 65% to 61.5%. Meanwhile, the altcoin market cap exploded 47% in 90 days to $1.44 trillion.

Of the top 100 cryptos, 77 turned green this week. Bitcoin stayed flat, but altcoins shone bright. This shift signals the start of altseason, where coins like XRP outperform BTC.

Other Hot Altcoins Joining the Party

Dogecoin (DOGE) bounced back above $0.20 for the first time in six weeks. Meme coins are resurging with hype from social media and big endorsements.

Solana (SOL) gained 5.9% in one day. Its fast network and DeFi growth keep it popular.

Cardano (ADA) rose 8% on Thursday. Smart contract upgrades are drawing developers.

Ethereum’s market share climbed above 10% for the first time since March. DeFi tokens like Aave and Uniswap also rallied hard.

What’s Driving This Altcoin Rally?

Market watchers point to stablecoin adoption as a key driver. Stablecoins like USDT and USDC are flowing into altcoins, boosting liquidity. Solana, XRP, and DeFi projects benefit most.

Bitcoin’s dominance fall means money is rotating into alts. Lower interest rates and ETF inflows could extend this trend. Galaxy analyst Michael Harvey highlighted rallies in SOL, XRP, Aave, and Uniswap.

“Strong rallies in Solana, XRP, and DeFi tokens are fueled by stablecoin growth.” – Market Expert

XRP Technical Analysis: Bullish Signals Everywhere

XRP’s chart looks strong. The breakout above $2.60 confirms a bullish trend. RSI is in the green but not overbought. MACD shows upward momentum.

Support holds at $2.80-$3.00. If bulls stay in control, $4.00 is next. Watch for Bitcoin moves – a BTC dip could spark more XRP gains.

Bitcoin vs Altcoins: The Battle Continues

Bitcoin remains king, but altcoins are fighting back. BTC dominance at 61.5% is low compared to peaks. Altcoin season often follows BTC tops.

Investors rotate profits from BTC to alts for higher returns. This week proves alts can outperform even in bull markets.

What’s Next for XRP and the Market?

XRP could test $3.50 soon if volume holds. Broader market depends on macro news like Fed decisions. Positive crypto regs could send prices soaring.

Stay tuned for more XRP news. With altcoins on fire, this rally has legs. Don’t miss out – DYOR and trade smart.

Final Thoughts

The puts XRP in spotlight. As altcoins outperform Bitcoin, the market feels alive again. Whether you’re HODLing XRP or eyeing DOGE and SOL, excitement is high.

Follow for daily crypto updates. What’s your top altcoin pick? Share in comments!

Images and charts for illustration. Always do your own research before investing.

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