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XRP Jumps 17% Weekly; Start of a New Altcoin Season? Best Altcoins for Next Bull Run

XRP Jumps 17% Weekly; Start of a New Altcoin Season? Best Altcoins for Next Bull Run
© Copyright Image: NewsBTC

$XRP, designed by Ripple Labs Inc. to simplify cross-border payments and money transfers, has been on a hot streak of late.

The token has jumped over 21% in the last seven days, rising from $2.0919 to $2.54 at the time of writing.

Keep reading to learn more about $XRPs future outlook and why we think it could be the beginning of a new altcoin bull run. Naturally, well also point you towards the best altcoins to buy now.

XRPs Technical Analysis Paints a Pretty Picture

On the daily chart, $XRP has recently and decisively broken out of a descending triangle pattern, which happens to be a strong bullish signal.

Moreover, the price is now also comfortably above the three most important EMAs (exponential moving averages): 20, 50, and 200, further strengthening the breakout and confirming the bullish bias.

Plus, seeing as the 20 EMA only recently crossed the 50 EMA, we could see a huge rally in the next few days.

Fundamental Catalysts & Altcoin Season Indicators

Other than the key EMAs, there are several other fundamental factors that we think contribute to $XRPs bullish outlook:

  1. Legal clarity: Ripples recent settlement with the SEC $50M compared to the $125M originally demanded has shifted a hefty overhanging cloud, bolstering investor confidence
  2. Institutional interest: The upcoming launch of XRP futures by CME Group on May 19 (pending regulatory approval) shows growing institutional adoption.
  3. Product expansion: Ripples new stablecoin, $RLUSD, aims to enhance cross-border payments, which could increase $XRPs utility and demand.
A large-cap altcoin like $XRP rallying has historically proven to be a telltale sign that an altcoin season is nearby. Whats more, were already seeing confirmations as crypto has been green across the board for the last few days.

If youre looking to set your investing record straight in the upcoming altcoin frenzy, here are four cryptos you can consider buying today.

1. BTC Bull Token ($BTCBULL) Best Altcoin to Ride Bitcoins Historic Growth

Bitcoin is undoubtedly going to be the biggest force pushing altcoins to new highs. However, if you want to benefit directly from Bitcoins rally, we believe BTC Bull Token ($BTCBULL) is the perfect opportunity.

Its been designed in such a way that it will ride all the way on Bitcoins coattails. After all, its the ONLY crypto on the market today to offer real (and free) Bitcoin to its token holders via airdrops.

In addition to being unprecedented, BTC Bull Tokens Bitcoin giveaways are also extremely straightforward.

Every time the king cryptocurrency crosses a major milestone, such as $150K, $200K, and $250K, for the first time, $BTCBULL owners (who have stored their tokens in Best Wallet) will automatically receive $BTC.

This sets the stage for $BTCBULL to capitalize on Bitcoins success. As for investors, this Bitcoin-themed meme coin is a low-cost opportunity to invest in digital gold.

Furthermore, BTC Bull Token will follow a deflationary model, wherein a part of the total token supply will be wiped off after every $25K jump in Bitcoins price.

Combined with a chunky 40% reserved for PR and marketing, its really not a surprise that our $BTCBULL price prediction has the token exploding 380% and reaching $0.0096 by 2026.

Buy BTC Bull Token today for just $0.00251. The project is still in presale, where it has raised over $5.6M.

2. Kekius Maximus ($KEKIUS) Trending Meme Coin Still in Its Early Stages

Kekius Maximus ($KEKIUS) offers the perfect blend of humor, wild degen energy, and a bit of cinema.

As the name and look of the crypto might suggest, this coin is a fusion between the wildly popular Pepe the Frog crypto meme and the legendary character of Maximus Decimus Meridius from the movie Gladiator.

Although Gladiator fans may argue that the Ridley Scott movie is the reason $KEKIUS is one of the top trending cryptos, the truth is that the token shot to fame immediately after Elon Musk used it as his X username.

This is undoubtedly one of the best promotions any meme coin could get. Why did Musk do it? Well, because $KEKIUS was created by Grok, Elon Musks very own AI chatbot.

$KEKIUS is up 35% in the last seven days, and according to the latest price action data, it could surge by a fair amount once it breaks the resistance level of $0.034. Its currently trading at $0.02719.

3. MIND of Pepe ($MIND) Top AI-Crypto Partnership Redefining Meme Coin Investing

With an altcoin season cooking, everyones asking this one question: which are the next cryptos to explode? Truth be told, its incredibly difficult for a discretionary crypto trader to find that out. Enter MIND of Pepe ($MIND).

$MIND is the best AI agent coin on the market right now because its offering a completely new approach to how people build their crypto portfolios.

Unlike normal investors wholl perhaps look for tips here and there, $MIND holders will have an autonomous and self-evolving AI system pointing them towards high-potential tokens.

  • $MIND interacts with crypto influencers on online platforms like X.
  • It registers the opinions, biases, and insights into the meme coin market.
  • Finally, it analyzes all the gathered data, including social sentiments and market trends, to identify the best cryptos to invest in.

Even better, because $MIND is self-evolving meaning it learns and grows from every single conversation it will ultimately be able to create its own tokens.

Its worth noting that youll only get access to these new cryptos if you buy the $MIND presale token. The project has raised over $9M at the time of writing, and one $MIND is available for just $0.0037515.

4. Broccoli 714 ($BROCCOLI) Viral Dog-Themed Meme Coin

They say you can kill the man, but not his idea. This analogy fits perfectly with Broccoli 714 ($BROCCOLI).

Thats because its not the original $BROCCOLI token. Its, in fact, one of the many such tokens that sprang into existence when Binances ex-CEO, CZ, publicly flirted with the idea of launching a meme coin inspired by his pet dog.

The original $BROCCOLI token saw over 1,000% gain in less than a month, but because CZ is a crypto legend, his acknowledgement of meme coins proved to be a canon event. Thats why were seeing these vegetable-based tokens record gains in double digits even today.

Speaking of Broccoli 714, its up over 68% in the last seven days, currently trading at $0.04612.

The Best Altcoins Are Ready, but Are You?

$XRPs recent performance, combined with technical indicators and fundamental factors in agreement, suggests a bullish trend.

As the market gears up for a potential altcoin season, with giants like $XRP and $BTC providing the necessary fuel, tokens like BTC Bull Token ($BTCBULL) and MIND of Pepe ($MIND) present tempting opportunities.

However, its worth remembering that the crypto market doesnt guarantee any returns. Always keep the broader markets volatility in mind. We also urge our readers to do their own research before investing. None of the above is financial advice, after all.

Read more: https://www.newsbtc.com/news/xrp-jumps-17-weekly-start-of-a-new-altcoin-season-best-altcoins-for-next-bull-run/

Text source: NewsBTC

Disclaimer: Financial information and news are not financial advice, read the disclaimer.
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