Altcoins News

Story: XRP Eyes $2 Target as Crypto Markets Show Recovery Signs

By Sakamoto Nashi

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Bitcoin Holds Key Support Line. Bitcoin sits at $60,000 after a week of sideways action.

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Shiba Inu Targets Technical Milestone. Shiba Inu aims for its 100-day exponential moving average around $0.000012.

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XRP pushes higher Friday. The digital asset hit $0.55 during intraday trading, marking its strongest performance in weeks as traders pile back into altcoins across the board.

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Trading volume jumped 15% over the past day, per CoinMarketCap numbers. The spike comes as investors hunt for breakout opportunities beyond Bitcoin and Ethereum.

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Market watchers see mixed signals right now.

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The token trades below its 200-day moving average, which typically signals bearish territory for long-term trends. But short-term momentum looks decent.

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Bitcoin sits at $60,000 after a week of sideways action. The world's biggest cryptocurrency hasn't done much lately, but that ascending trendline from early 2026 keeps providing…

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The $62,000 level represents the next major hurdle for Bitcoin bulls. Breaking above there would probably drag the entire crypto market higher, including XRP and other altcoins.

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Glassnode data from March 24 shows long-term holders accumulating coins during this consolidation phase. That's usually a good sign for future price action.

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Shiba Inu aims for its 100-day exponential moving average around $0.000012. The meme token gained 10% this month after getting hammered earlier in the year.

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Retail investors love the token's wild swings. But institutional players stay away because of the unpredictable price action.

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Binance reported 20% higher altcoin volumes last week. CEO Changpeng Zhao said March 26 that traders are hunting for bigger returns while Bitcoin stays range-bound.

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Ethereum trades near $4,000 after its latest network upgrade. Developers scheduled another update for June 2026 that should improve scalability. Cardano's ADA hovers around $1.

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The overall crypto market cap sits around $2 trillion. Most of that value comes from Bitcoin and Ethereum, but altcoin interest keeps growing.

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Tether's USDT maintains its $80 billion market cap as the dominant stablecoin. CTO Paolo Ardoino highlighted USDT's role in facilitating trades across exchanges during volatile…

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