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Cryptocurrencies Price Prediction: Ripple, Meme Coins & Ethereum – Asia Wrap 27 November

Cryptocurrencies Price Prediction: Ripple, Meme Coins & Ethereum – Asia Wrap 27 November
FXStreet TeamFXStreet TeamFXStreet

Ripple's XRP eyes rally to $2.58 as whales step up buying pressure

Ripple's XRP rallied 6% on Wednesday following increased buying pressure among whales in the past two weeks. The remittance-based token could stage a move to $2.58 amid increased institutional interest in the launch of an XRP exchange-traded fund (ETF) in the US.
XRP Exchange Reserve (Binance)
The meme coin sector rallied on Wednesday as top tokens, including Dogecoin (DOGE), PEPE and BONK, led the charge. With growing anticipation of a DOGE ETF in the US next year, industry experts weighed in on the future of investing in meme coins.
 
Ethereum (ETH) rallied 10% on Wednesday following increased capital inflows into ETH ETFs and a major uptick in its open interest and futures premium. If the bullish momentum sustains, ETH could overcome its yearly high resistance of $4,093 and rally to $4,522.
ETH/BTC daily chart
 

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