Crypto Radar 2025: Top Tokens to Watch
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The holiday's over and we're back to reality. This also means investors are getting back on track on buying the crowd's most watched cryptocurrencies. We're already approximately on our 3rd or 4th phase of our bull run and almost approaching our final phase. What happens next is still uncertain, yet, we're mostly positive on the next events.
We're sharing our watchlist to buy to ride the wave of whales buying crypto.
Ripple (XRP)
XRP is forming a bullish penant with approximate buy target of 2.75 +5%. It has increased significantly after making great progress against its SEC legal issues. Analysts are bullish on this asset with short term target of around 23 to long term target of 70. The valuations still shows this asset is still undervalued regardless of its recent spike. Please take note that these targets are not definitive and will still be subject to market behavior fluctuations.
Key Facts About Ripple (XRP):
Purpose:
XRP is designed to facilitate fast and low-cost international money transfers. Ripple's technology allows financial institutions to settle cross-border payments in seconds.
Speed:
Transactions with XRP are typically settled within 3-5 seconds, much faster than traditional payment systems or even other cryptocurrencies like Bitcoin.
Use Cases:
Cross-border payments: Banks and payment providers use XRP to source liquidity for cross-border transactions.
Bridge currency: XRP acts as a bridge between different fiat currencies, eliminating the need for pre-funded accounts.
Supply:
XRP has a maximum supply of 100 billion tokens, with a significant portion held by Ripple Labs.
Controversies:
Ripple Labs has faced legal scrutiny, most notably a lawsuit from the U.S. Securities and Exchange Commission (SEC) over whether XRP should be classified as a security.
Technical Analysis Analysis
Technical Indicators:
KDJ:
Previous: 89.86
Current: 88.49
The KDJ indicator shows a slight decrease, indicating potential consolidation or a minor pullback.
Bollinger Bands:
Current Price: $2.3205
Lower Band: $2.0593
Upper Band: $2.3851
The price is currently near the upper band, suggesting that XRP is trading at a high volatility level.
MACD:
Previous Histogram: 0.0192
Current Histogram: 0.0178
The MACD line is above the signal line, indicating a bullish trend, but the decreasing histogram suggests a potential weakening of momentum.
RSI:
Previous: 86.01
Current: 80.66
The RSI is above 70, indicating that XRP is in the overbought territory, which could lead to a price correction.
Support and Resistance Levels:
Resistance Price: $2.4226
Support Price: $2.0779
These levels are crucial for traders to watch, as a break above resistance could lead to further gains, while a drop below support may signal a bearish reversal.
Render (RNDR)
Key Facts About Render (RNDR):
RNDR is used to pay for rendering services on the Render Network, which connects users who need rendering services with those who have idle GPUs.
Benefits
RNDR makes rendering more affordable, accessible, and efficient by distributing computational resources across a network. This benefits industries like film, gaming, VR, AR, and architecture.
How it's used
Creators submit their job in ORBX file format and define key parameters. The network then distributes the workload among available GPU providers. Node operators rent out their spare GPU to creators and receive RNDR tokens for time spent rendering.
Who uses it
The Render Network has been used by leading artists for motion graphics, design, archviz, visual effects, and generative AI.
Technical Analysis of Render Token (RNDR) against USDT
Summary
Render Token (RNDR) is currently showing strong bullish momentum, with key technical indicators suggesting overbought conditions. The support and resistance levels are identified, providing critical price points for traders.
Technical Indicators
KDJ:
Current KDJ Value: 92.13
Previous KDJ Value: 92.65
Interpretation: The KDJ indicator is in the overbought zone, indicating potential price corrections.
Bollinger Bands:
Current Price: 7.175
Upper Band: 7.353
Lower Band: 6.629
Interpretation: The price is approaching the upper band, suggesting that the asset may be overbought.
MACD:
Current MACD Histogram: 0.0500
Previous MACD Histogram: 0.0498
Interpretation: The MACD line is above the signal line, indicating bullish momentum, but the histogram shows a slight increase, suggesting a potential slowdown.
RSI:
Current RSI: 81.03
Previous RSI: 84.29
Interpretation: An RSI above 70 indicates that the asset is overbought, which could lead to a price correction.
Support and Resistance Levels
Resistance Price: 7.353 USDT
Support Price: 6.629 USDT
Jupiter (JUP)
JUP typically refers to Jupiter (JUP), a cryptocurrency associated with the Jupiter Project. Jupiter is designed to enhance privacy, security, and decentralization in digital communication. Here's what you need to know:
Key Details About JUP:
Purpose:
Jupiter aims to provide secure and private data exchange solutions, including messaging, file storage, and blockchain-based applications.
It is used for decentralized apps (dApps) and projects that require robust security measures.
Technology:
Jupiter runs on the Ardor blockchain platform.
Its focus is on encryption and ensuring data privacy while maintaining transparency for blockchain transactions.
Use Cases:
Secure Messaging: Platforms built with JUP technology allow for encrypted communication.
Data Security: Ensures sensitive information is stored safely.
Decentralized Applications: Developers can use Jupiter's ecosystem to build privacy-focused dApps.
Tokenomics:
JUP is the native cryptocurrency of the Jupiter ecosystem.
It is used to pay for services within the network, such as transactions or accessing features.
Unique Features:
Military-Grade Encryption: For secure data storage and transmission.
Blockchain-Enabled Privacy: Combines decentralization with advanced privacy solutions.
Technical Analysis of Jupiter (JUP) against USDT
Summary
Jupiter (JUP) is currently exhibiting bearish signals, particularly with the RSI indicating overbought conditions. The support and resistance levels are identified, which are crucial for trading decisions.
Technical Indicators
Bullish Indicators:
Currently, there are no significant bullish indicators for JUP.
Bearish Indicators:
RSI: The Relative Strength Index (RSI) is indicating an overbought condition, suggesting that the price may be due for a correction.
Support and Resistance Levels
Resistance Price: 0.8639 USDT
Support Price: 0.814 USDT
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