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

As Bitcoin approaches the monumental figure of $120,000, the crypto market is abuzz with activity. Prominent altcoins like XRP, Dogecoin, and Shiba Inu are making significant moves in response. Amid this excitement, a newcomer named XYZVerse surfaces as a potential wildcard. Could this unexpected player shift the market’s direction in unforeseen ways?

Demand for $XYZ Surges As Its Capitalization Hits the $15M Milestone

XYZVerse ($XYZ), recently recognized as Best NEW Meme Project, is drawing significant attention thanks to its standout concept. It is the first ever meme coin that merges the thrill of sports and the innovation of web3.

Unlike typical meme coins, XYZVerse offers real utility and a clear roadmap for long-term development. It plans to launch gamified products and form partnerships with big sports teams and platforms.

Notably, XYZVerse recently delivered on one of its goals ahead of schedule by partnering with bookmaker.XYZ, the first fully on-chain decentralized sportsbook and casino. As a bonus, $XYZ token holders receive exclusive perks on their first bet.

Price Dynamics and Listing Plans

During its presale phase, the $XYZ token has shown steady growth. Since its launch, the price has increased from $0.0001 to $0.005, with the next stage set to push it further to $0.01. The final presale price is $0.02, after which the token will be listed on major centralized and decentralized exchanges.

The projected listing price of $0.10 could generate up to 1,000x returns for early investors, provided the project secures the necessary market capitalization.

So far, more than $15 million has been raised, and the presale is approaching another significant milestone of $20 million. This fast progress is signaling strong demand from both retail and institutional investors.

Champions Get Rewarded

In XYZVerse, the community calls the plays. Active contributors are rewarded with airdropped XYZ tokens for their dedication. It’s a game where the most passionate players win big.

The Road to Victory

With solid tokenomics, strategic CEX and DEX listings, and consistent token burns, $XYZ is built for a championship run. Every play is designed to push it further, to strengthen its price, and to rally a community of believers who believe this is the start of something legendary.

Airdrops, Rewards, and More – Join XYZVerse to Unlock All the Benefits

Bitcoin (BTC)

Source: TradingView

Bitcoin (BTC) has shown significant movement over recent months. In the past month, its price increased by 12.04%, and over the last six months, it saw a rise of 12.66%. However, the past week experienced a slight dip of 0.42%, bringing the current price range between $114,610 and $120,963.

The cryptocurrency is hovering around its 10-day and 100-day simple moving averages, which are $118,387 and $118,297 respectively. This suggests a period of consolidation. The Relative Strength Index (RSI) stands at 47.16, indicating neutral momentum. The Stochastic value is 64.29, showing neither overbought nor oversold conditions. The MACD level is at -52.57, pointing to potential bearish sentiment.

Looking ahead, the nearest resistance level is $124,685. Breaking above this could push the price toward the second resistance at $131,038, an increase of roughly 9%. On the downside, the nearest support is at $111,979. If the price falls below this, it may test the second support level of $105,626, which would be a decrease of about 5%. The data suggests Bitcoin may continue to trade within these levels in the short term.

Ripple (XRP)

Source: TradingView

XRP has seen notable movement recently. Over the past month, its price surged by about 42.54%, indicating strong bullish momentum. Currently trading between $2.95 and $3.81, the price is near the 10-day simple moving average of $3.12 but below the 100-day average of $3.44. This suggests a short-term uptrend is in play.

Despite the monthly gain, the 6-month change shows a slight dip of 0.54%. The Relative Strength Index stands at 34.65, nearing oversold territory, which might hint at a potential price rebound. The MACD level is negative at -0.0805, suggesting bearish tendencies, but the substantial monthly increase could offset this outlook.

If XRP breaks above the resistance at $4.16, it could aim for the next level at $5.02, representing an increase of over 30% from current levels. On the downside, support lies at $2.45, and further at $1.60 if selling intensifies. These key levels will be crucial in determining XRP’s next move.

Dogecoin (DOGE)

Source: TradingView

Dogecoin (DOGE) has been active lately. In the past week, its price increased by 8.94%. Over the last month, it surged by 42.47%. However, in the past six months, it decreased by 33.47%. This shows a recent upward trend after a significant drop.

Currently, DOGE trades between $0.22 and $0.31. The nearest resistance level is at $0.34. If it breaks this, the price could rise toward the second resistance at $0.43. That would be an increase of around 38%. On the downside, the nearest support level is $0.16. Falling below this might lead to the second support at $0.06647.

Technical indicators give mixed signals. The 10-day simple moving average is $0.24, while the 100-day is $0.26. The Relative Strength Index is 37.25, suggesting DOGE is approaching oversold territory. The MACD level is -0.0058, indicating slight bearish momentum. Based on these factors, DOGE’s price could continue to rise if momentum holds, or it might face a decline if selling pressure increases.

Shiba Inu (SHIB)

Source: TradingView

Shiba Inu (SHIB) has seen mixed performance. In the past week, its price fell 6.68%, ranging from $0.00001356 to $0.00001666. Over the last month, it rose 15.99%. Yet, over six months, SHIB declined 32.77%, showing a longer-term downward trend.

Technical indicators are mixed. The RSI is 34.77, close to oversold levels, suggesting a possible rebound. The 10-day SMA at $0.00001358 is below the 100-day SMA of $0.00001497, indicating short-term bearish momentum. The MACD is slightly negative at -0.0000003217, hinting at potential continued decline.

Key levels to watch are support at $0.00001160 and resistance at $0.00001780. Dropping below support could lead SHIB to the next support at $0.000008506, a decrease of about 29%. Surpassing resistance may push the price toward $0.00002090, a potential gain of roughly 26%. These movements could signal significant price changes.

Conclusion

While BTC, XRP, DOGE, and SHIB thrive in the bull run, XYZVerse (XYZ) emerges as a pioneering sports memecoin aiming for massive growth and community-driven success.

You can find more information about XYZVerse (XYZ) here:

https://xyzverse.io/, https://t.me/xyzverse, https://x.com/xyz_verse

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.