Prediction of XRP and BNB Surpassing the Top Rank in the Market 2024
2024-08-20
Bittime - XRP is attracting investor interest after managing to hold ground, while Binance Coin (BNB) is surging. Are they ready to become major players in the crypto market?
XRP Predictions See Improvement
There has been a major shift in that two of the top ten cryptocurrencies in the market, Binance Coin (BNB) and XRP, have emerged as the best performers, beating market leaders Bitcoin (BTC) and Ethereum (ETH).
XRP Attracts Investor Interest
XRP's ability to briefly consolidate above the critical resistance level of $0.600 has increased investor optimism even though its price later declined back to $0.590.
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Current XRP Price Prediction
The next hurdle at $0.6169 and $0.6288 should be on the radar for buyers if they want to maintain the current XRP price recovery. A breakout of the token's one-month downtrend can be indicated by a daily close above this level.
BNB Experienced an Increase in the Last 24 Hours
In contrast, Binance Coin, the main token of the leading exchange Binance, saw a 3% increase in the last 24 hours. It hit a two-week high of $554 after dropping as low as $399 on Aug. 5 during the “Black Monday” market event.
As CoinGecko data shows, Binance Coin saw a significant increase in trading volume of $800 million in the same time as XRP.
Conclusion
There is a high probability that XRP and Binance Coin (BNB) will be the best cryptocurrencies in 2024. Both are poised to become major players in the crypto market.
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Monitor graphic movement of Bitcoin (BTC) price, Ethereum (ETH), Solana (SOL), and other cryptos to find out today's crypto market trends in real-time on Bittime.
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