XRP, Sui, and Pudgy Penguins Set to Hit New All-Time Highs Next Week: Top Altcoins to Watch
Main Idea
The GENIUS Act's passage has influenced Bitcoin and altcoin markets, with potential for altcoins like XRP, Sui, and Pudgy Penguins to reach new all-time highs despite current price drops.
Key Points
1. Bitcoin dominance is over 60%, causing many altcoin prices to drop, but top altcoins like XRP, Sui, and PENGU could still break out to new highs.
2. XRP recently neared an all-time high above $3.60 but faced pressure from large outflows linked to Ripple co-founder Chris Larsen, who moved 50 million tokens to exchanges.
3. SUI surpassed the $4.2 resistance level and could continue its uptrend if it breaks above immediate Fib levels, otherwise, it may drop to the 20-day EMA.
4. Pudgy Penguins (PENGU) is trading around $0.045; a strong bounce from $0.046 could push it to a new all-time high, while a drop below EMA20 may lead to a decline to $0.036.
Description
The post XRP, Sui, and Pudgy Penguins Set to Hit New All-Time Highs Next Week: Top Altcoins to Watch appeared first on Coinpedia Fintech News The crypto market is starting to go more mainstream, especially after the new GENIUS Act was passed last week. That news has helped push Bitcoin to even higher levels of dominance, meaning most of the money right now is flowing into Bitcoin rather than altcoins. But as investors start buying during the altcoin dip, popular altcoins like XRP, Sui, and Pudgy...
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