The cryptocurrency market is currently undergoing significant changes, particularly regarding XRP and Toncoin. Also noteworthy is the success of Cold Wallet, which is attracting investor attention.
XRP: Breakthrough to $3.33 and Its Implications
The XRP price has increased by more than 8% over the past week, reaching $3.24. This price movement is linked to the accumulation of 320 million XRP tokens, boosting buyer interest. Market participants expect that breaking the $3.33 level will open the way to targets of $3.55 and $3.70, and with favorable developments, reaching $4.44 is possible.
A key level to watch is the 20-day EMA, which indicates a bullish trend, while support can be found at $3.14 and $2.93.
Toncoin and Its Market Potential
Toncoin's technical analysis indicates that the price is testing a resistance level between $3.55 and $3.65. Currently, the price is around $3.556, and all major EMAs are aligned upward, signaling positive momentum.
If Toncoin manages to break the $3.65 level with volume confirmation, upside targets are set at $3.75 and $3.80, with the $4 milestone becoming a realistic near-term objective.
Cold Wallet: A High-Yield New Player
Cold Wallet is making a solid entrance into the market, having raised over $6.4 million in a matter of weeks. Over 730 million tokens have been sold to date. The upcoming price at stage 17 is set at $0.00998, with an anticipated rise to $0.3517 upon listing.
A key feature of Cold Wallet is its cashback utility, allowing users to earn rewards on every transaction. The project's credibility is further strengthened by its acquisition of Plus Wallet, bringing access to over 2 million active users.
In the current cryptocurrency landscape, XRP and Toncoin are exhibiting bullish trends, while Cold Wallet stands out as a promising project with tangible utility value. Investors are closely monitoring movement within these portfolios.
