Best Crypto to Buy as XRP Traders Believe $5 Is Coming Soon

Technical analysis suggests $XRP has an explosive season on the way after the token recently rallied to $2.91.

Analysts on X point out that $XRP has pushed through several resistance points and could be on its way to $5, which is both a resistance point and a significant psychological barrier for the success of $XRP.

The Relative Strength Index (RSI) for $XRP stands at around 62, meaning that there’s still space for further gains before $XRP hits the danger-zone for overbought assets at 70+.

Source: X/@Steph_iscrypto

The support level for $XRP now stands at $2.80. Maintaining this level is critical if $XRP is to show upward momentum in the future.

However, we’re also looking at Snorter Token ($SNORT) and Bitcoin Hyper ($HYPER), two presale projects that look set to take advantage of $XRP’s momentum. Let’s dive into what these tokens offer.

1. Snorter ($SNORT) – This Telegram-Based Bot Finds the Best Altcoins to Trade

Snorter Token ($SNORT) is the presale token that powers Snorter Bot, an automated token sniping bot designed to lower the barrier to entry for trading altcoins.

Snorter’s easy-to-use Telegram-based interface makes it simple to set up buy and sell orders on the tokens you want to trade, which are then executed without needing your input – no more checking your phone every five minutes to see if the coin you’re watching has reached a price target.

That’s not the only way Snorter takes the hassle out of trading. It works around the clock, monitoring the altcoin market to identify the top performing coins for you to trade. Snorter Bot is also supplemented by a honeypot detection engine that scans for rugpull indicators.

Snorter will support several blockchains after launch, including Ethereum, Polygon, BNB, and Base. Until then, Snorter will drop with Solana support on release.

Snorter gets even better with $SNORT. Holding $SNORT allows you to make unlimited trades per day and nominate wallets for automated copy trading. It also grants exclusive use of Snorter’s high-speed Solana RPC infrastructure, which makes sub-second transactions possible.

The $SNORT token is currently available in a presale that’s already raised close to $3.8M. Big investors are also taking note, with two whale buys in particular – $40K and $32K – proving that $SNORT is on the radar of investors.

You can currently buy $SNORT for just $0.1037. Being on presale, however, its price will go up in stages and so the longer you wait, the higher the $SNORT price will be.

Join the Snorter Token presale today and stake your tokens for 123% APY.

2. Bitcoin Hyper ($HYPER) – A Super-Fast Layer-2 for Bitcoin with Smart Contract Capabilities

Bitcoin Hyper ($HYPER) is taking the Bitcoin network to new heights. If you’ve ever used Bitcoin for day-to-day transactions, you’ll know that it’s a pain to work with compared to Ethereum or Solana. Slow clearing speeds, high transaction fees, and limited DeFi support.

Say goodbye to all of those problems with Bitcoin Hyper. It’s set to speed up $BTC transactions by integrating the Solana Virtual Machine (SVM), which powers a Layer-2 with zK rollups. Put simply, the Bitcoin network will get a hypercharge with a separate layer that’s cheaper and quicker to transact on.

Integrating the SVM also brings a huge advantage for $BTC’s utility — it allows for smart contracts to be built on the Layer-2, which lets Bitcoin Hyper devs build dApps that work based on the underlying value of $BTC. Think crypto swaps, DeFi, and NFT trades, all powered by Bitcoin.

The network uses $HYPER as its official token, which has several benefits. Most notably, the fees you pay when swapping crypto or using dApps on the Layer-2 will be reduced if you hold $HYPER. You’ll also have governance right, enabling you to participate in the DAO.

If you buy in now, you can get your hands on $HYPER for $0.012875 – and stake it for 76% APY. Remember, though, the longer you wait the lower the staking returns will be.

Join the $HYPER presale before tomorrow’s price increase.

3. XRP ($XRP) – The Digital Bridge for Global Financial Networks

$XRP is the native token of Ripple’s XRP Ledger, a blockchain designed to facilitate cross-border transfers between payment networks.

While $XRP has a variety of use cases, the major one is solving the liquidity problem for cross-border transfers. Instead of needing to hold billions of dollars in dormant capital for individual currency pairs, banks can use a single pool of $XRP that acts as an intermediary asset for transfers.

$XRP also promises significant speed boosts over the SWIFT network, with the ability to process around 1.5K transactions per second (TPS) and final settlement in under four seconds.

Source: CoinMarketCap

Several corporations have trial programs using XRP in place, but the most exciting news to date is that SWIFT is testing XRP as part of their payment network. The $XRP token is currently trading at $2.92, pending a potential breakout up to $5.

Buy $XRP today through Binance or other major CEXs or DEXs.

Will $XRP Really Pump?

The conditions are set for $XRP to skyrocket if it pushes past the $5 mark. Currently, $XRP shows a favourable RSI, which suggests the climb to $5 is possible. Continued adoption by large financial institutions should help $XRP on its journey.

More broadly, $XRP hitting $5 would signal confidence to the rest of the crypto market, showing the viability of Web3 projects in the mainstream that could trigger a buying frenzy.

In that case, not only would we expect more buyers to jump on $XRP, but it’d also cause an influx of capital towards smaller projects like Snorter Token ($SNORT) and Bitcoin Hyper ($HYPER). And that potential, along with real-world utility, places them among the best crypto to buy now.

Remember, the crypto market is volatile. Be sure to always do your own research before investing – and only invest what you’re prepared to lose. This article is not financial advice.

Disclaimer: This content has been supplied by a third party contributor. Brave New Coin does not endorse or promote any products or services mentioned herein. Readers are encouraged to conduct independent research before making any financial decisions. The information provided is for informational and educational purposes only and should not be interpreted as investment advice.