Ethereum (ETH) price predictions and Ripple (XRP) price forecasts could disappoint you along the way amid the present bearish factors in the cryptocurrency space. This is a justifiable reason for you to switch to InsanityBets (IBET), a better and more profitable token this 2024.
Ethereum (ETH) is stuck in the red spot for the second consecutive session this week as investors ponder the tighter regulatory environment.
ETH holders' concerns came after the United Kingdom's Financial Stability Board announced that most stablecoins fail to meet international standards.
The second leading token stayed at $4,050, reflecting a 66.52% gain in the last 30 days. Thus, many investors are looking for better options.
Ripple (XRP), one of the most popular crypto tokens, has displayed mixed behavior throughout February. Thus, the direction of its price action is difficult to project, with traders justifiably backing off and seeking opportunities to presale projects like InsanityBets (IBET).
XRP is currently changing hands at $0.640923, moving 51.51% lower from its all-time high. Subsequently, Ethereum's relative strength index (RSI) never broke out into overbought conditions.
In line with this, Ripple (XRP) is unlikely to reach $100 this year despite the extensive partnerships of the platform with global banks. Moreover, crypto enthusiasts are now waiting for the ruling from the Courts on the SEC v Ripple case, a major driver of the token.
Stakers looking for vast profit may consider other high-potential coins from Ripple (XRP), such as those being sold in pre-sale by promising up-and-coming ventures like InsanityBets (IBET).
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.