Altcoin
Don’t Sleep on the PEPE, RCOF, and XRP Price Rally Primed for December 2024, 34,203% Gains Ahead
As the crypto market rallies, the PEPE has showcased impressive growth alongside the XRP price. As a result, investors are eyeing these top altcoins as potential investments for December 2024. Also, investors are embracing RCO Finance (RCOF), an emerging DeFi altcoin, that has secured over $5 million during its presale.
Why are investors rushing to buy PEPE, XRP, and RCO Finance (RCOF) before the year ends? Let’s find out!
PEPE Jumps 85% in a Week: More Explosive Growth Coming?
PEPE has performed exceptionally well over the past week. On November 10, PEPE was changing hands at around $0.00001159. Following days of range-bound trading, PEPE shot up alongside the broader altcoin market after Bitcoin (BTC) set a new ATH at $93,434 on November 13.
Additionally, Upbit listed PEPE on November 14, exposing the altcoin to millions of South Korean crypto enthusiasts. As a result, PEPE climbed as high as $0.00002524, setting a new ATH. However, traders started taking profits, and PEPE pulled back slightly.
By November 17, PEPE had stabilized at around $0.00002139. This price means PEPE has gained 85% in a week. Moreover, analysts expect PEPE to continue surging due to its position as a leading meme coin. This makes it a top pick among speculative traders who are always targeting tokens that can pump quickly during bull runs.
XRP Price Surges 78% in a Week: Will It Hold the $1 Level?
XRP has impressed Ripple investors over the past week after reclaiming the crucial $1 level. On November 10, the XRP price was hovering around $0.5771. After days of recording marginal gains, the XRP price gained momentum on November 13 after Bitcoin’s stellar performance.
The XRP price continued pumping due to the November 14 news of Societe Generale announcing plans to launch its EURCV stablecoin on the XRP Ledger in 2025. This bullish news saw the XRP price recover the $1 level and set a weekly peak of $1.19 on November 16.
By November 17, the XRP price had experienced a slight retracement before stabilizing at $1.03. This price means XRP has surged 78% in a week. Furthermore, experts expect the XRP price to continue surging following Donald Trump’s victory in the US election. Notably, Trump is pro-crypto and has even launched a crypto token.
RCO Finance Offers Investors Advanced Tools To Boost Profits
As the XRP price continues pumping alongside PEPE, investors are searching for high-performance DeFi platforms to increase their chances of profitability. This explains why RCO Finance has quickly gained popularity despite being a relatively new DeFi platform. RCO Finance has achieved this feat due to its revolutionary architecture.
Specifically, RCO Finance taps AI and blockchain technology to power multiple top-range trading tools. However, investors are primarily interested in the platform’s flagship feature, an AI-powered robo advisor. This tool stands out because it uses machine learning and advanced algorithms to offer custom investment advice.
This means the robo advisor analyzes your personal risk profile and financial goals before offering you custom, data-based investment recommendations. These recommendations help you spot the optimal time to enter or exit positions on assets matching your preferences.
This approach helps boost your chances of increasing profits. Also, this data-based investment strategy eliminates the need to include emotions of greed and fear in your plan, thus reducing your exposure to risky assets. Amazingly, the robo advisor can also trade on your behalf, spotting high-potential opportunities early.
With RCO Finance supporting over 120,000+ assets, you get infinite options for portfolio diversification. Impressively, this offering comprises crypto, decentralized derivatives, and tokenized real-world assets (RWAs) like real estate. As such, you can create a well-balanced portfolio for both stability and profitability in varying market conditions.
RCOF Steals The Show With Rapid Growth
Although the XRP price and PEPE are poised to jump further, savvy investors are rushing to buy RCO Finance’s native token, RCOF. RCOF has caught the attention of investors because it offers multiple perks within RCO Finance. These include dividends and voting rights.
RCOF has also won the confidence of investors because its smart contract was audited, making it a safe investment. Notably, the firm behind RCOF’s smart contract audit is SolidProof, a leading Germany-based blockchain security firm.
Coupled with RCOF’s limited supply of 800 million tokens, these features explain why RCOF has secured over $5 million during its ongoing presale.
RCOF Presale Promises Humongous Gains
Investors are also flocking to RCOF because its presale promises huge gains for early investors. As of November 17, RCOF was going for $0.0558 during Stage 3 of its presale. The next RCOF price is $0.0778 during Stage 4. When RCOF climbs to its listing price of $0.4-$0.6, Stage 3 investors will enjoy huge ROIs.
Furthermore, experts believe increasing demand will see RCOF outshine the 1,713% YOY pump in PEPE by December 2024. Going forward, experts foresee RCOF surging 34,203% by Q1 2024. This explains why you should not sleep on the opportunity to join the RCOF presale now.
For more information about the RCO Finance Presale:
Join The RCO Finance Community
Solana (SOL) price has been under pressure recently, leading to concerns about a potential downtrend against Bitcoin (BTC). On the SOL/BTC price chart are signs that the cryptocurrency could be forming a “death cross,” a pattern that suggests a further decline in price.
This follows a period of weak performance for Solana relative to Bitcoin, sparking discussions on whether the altcoin can recover or continue to underperform.
Will Solana Form a Death Cross Against Bitcoin?
Over the past few months, Solana price has experienced a sharp decline when compared to Bitcoin. As of mid-April 2025, Solana is priced at 0.00158 BTC, down by 23% from earlier in the month. This comes after a significant 54% drop since January, showing a steady loss in value relative to Bitcoin.
The recent drop in Solana’s price has raised concerns among traders and analysts. Moving averages, which track price trends over time, have been narrowing, which is often a precursor to a potential death cross formation.
Specifically, the 23-day moving average is approaching the 200-day moving average in the weekly chart, a key level for technical analysts. If it crosses below the 200-day average, it would officially signal a death cross. This could indicate a further decline in Solana’s price against Bitcoin.
Solana’s Recent Performance and Market Trend
Nonetheless, Solana has had some strength, which can be attributed to the recent launch of Solana ETFs in Canada.
At the same time, institutional investors’ attention contributed to the altcoin’s success in surpassing the performance of numerous other cryptocurrencies, including Bitcoin. Solana delivered a 10.5% return within a week, while Bitcoin delivered a 1.8% return in the same time frame.
Nonetheless, the recent excitement about Solana appears to have subsided with the lessened market movements. Analysts like Ali Charts are now analysing whether the recent strength was just a blip in the charts or the first sign of an actual trend reversal to $65.
SOL/BTC Technical Patterns and Support Levels
Based on the current technical perspective, Solana’s price trend against Bitcoin has established the “Falling wedge” chart. This pattern is normally noticed during the consolidation phase, and the break above the upper trend line is usually interpreted as a signal for a bullish move.
The declining moving averages indicate that Solana may continue to decline against Bitcoin and possibly test lower supports despite the SOL/ETH ratio recording its highest weekly close
At present, the price is almost at the apex of the wedge pattern, meaning that it can break soon. If the price surmounts the resistance level at around 0.0018BTC, it will possibly lead to a bullish run and might even regain the value of 0.001895BTC for Sol. However, if the price cannot hold its support at 0.0014 BTC, then it may decrease even lower.
Solana’s performance against Bitcoin will be very significant over the next few weeks. The potential death cross and the support and resistance levels on the chart pinpoint that Solana might experience a difficult time moving forward. If the trend persists, the altcoin could potentially drop as low as 0.001 BTC—a price point that, when measured in dollar terms, is below $100.
Kelvin Munene Murithi
Kelvin is a distinguished writer with expertise in crypto and finance, holding a Bachelor’s degree in Actuarial Science. Known for his incisive analysis and insightful content, he possesses a strong command of English and excels in conducting thorough research and delivering timely cryptocurrency market updates.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
American asset management company Canary Capital has taken a new leap with a new filing for a staked Tron ETF product. Known as the pioneer of some of the most renowned altcoin ETF products, this new Tron ETF has further placed the firm at the forefront of the exchange-traded fund drive.
The Canary Capital Staked Tron ETF
According to the prospectus released by the firm, the new product is dubbed the Canary Staked TRX ETF. The firm is yet to reveal the trading platform the product will trade on, however, it confirms it will provide exposure to the price of Tron.
Based on the pricing data offered by Coindesk Indices, Canary Capital said it will rely on this to establish the Net Asset Value (NAV) for the product. This latest filing comes barely a month after the asset manager filed for Pengu ETF with the US Securities and Exchange Commission (SEC).
This is a breaking news, please check back for updates!!!
Godfrey Benjamin
Benjamin Godfrey is a blockchain enthusiast and journalists who relish writing about the real life applications of blockchain technology and innovations to drive general acceptance and worldwide integration of the emerging technology. His desires to educate people about cryptocurrencies inspires his contributions to renowned blockchain based media and sites. Benjamin Godfrey is a lover of sports and agriculture.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
Based on historical data, July could be the next bullish month for the XRP price, which continues to consolidate amid this crypto market downtrend. Despite the market downturn, crypto analysts like CasiTrades are confident that the altcoin could still reach a new all-time high (ATH) in this market cycle.
Historical Data Points To July Being The Next Bullish Month For The XRP Price
Cryptorank data shows that July could be the next bullish month for the XRP price. This is based on the fact that the altcoin has recorded significant gains in each of the last five Julys.
Unlike July, April to June have been mixed for XRP over the last five years. For April, the last three out of five months have been bearish for the altcoin, although it recorded a 174% gain in April 2021.
For May, three out of the last five months have been bearish for the XRP price, although it recorded meagre gains in May 2023 and 2024. Meanwhile, June has been completely bearish for the altcoin, as it recorded monthly losses in the last five months.
It is worth mentioning that four out of the five monthly gains for XRP in July have been double-digit gains. As such, Ripple’s native crypto could again record double-digit gains this coming July.
Interestingly, crypto analyst Egrag Crypto predicted that XRP could reach double digits by its July 21 cycle peak. He alluded to the altcoin’s previous bull runs as to why July could mark this cycle’s peak. The analyst believes the Ripple price could reach $27 by then.
Analysts Argue XRP’s Consolidation Could End Soon
Amid this historical data, crypto analysts Dark Defender and CasiTrades have suggested that the XRP price consolidation could end soon. In an X post, Dark Defender stated that the altcoin’s consolidation is nearing an end and that he believes this is the final consolidation of the monthly structure.
Once this consolidation is done, the crypto analyst remarked that market participants can expect the Wave 5, which will send Ripple’s native crypto to new highs. He highlighted $2.22 and $2.30 as the major resistances to watch out for, while $1.88 and $1.63 are the major support levels. Meanwhile, the targets on this Wave 5 up are $3.75 and $5.85, which will mark a new ATH for the altcoin.
As CoinGape reported, crypto analyst CasiTrades also predicted that the XRP price could soon reach $6 as Wave 2 correction nears its end. The analyst also raised the possibility of the altcoin rallying to as high as $9.50 and $12 if it reaches the 2.618 and 3.618 Fibonacci extension levels, respectively.
However, there is still the possibility of the XRP price dropping below the $2 level before it rallies to new highs. Egrag Crypto warned that Ripple’s native crypto could still drop to as low as $1.4 in the event of a major liquidation.
Boluwatife Adeyemi
Boluwatife Adeyemi is a well-experienced crypto news writer and editor who has covered topics that cut across several topics and niches. Boluwatife has a knack for simplifying the most technical concepts and making it easy for crypto newbies to understand. Away from writing, He is an avid basketball lover, a traveler and a part-time degen.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
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