After Bitcoin's new all-time high at $126,080 followed by a sharp 30% decline on some assets, the crypto market is going through a technical reset phase. Analysts highlight three major altcoins - XRP, BNB Coin, and Zcash - showing promising setups for strategic accumulation. With oversold RSI, confirmed bullish patterns, and strong fundamentals, are these three cryptos worth considering for your current portfolio?
XRP is positioning itself as one of the most resilient assets following the market correction. With a crypto market capitalization of $144 billion, Ripple’s token now holds the 3rd position in the crypto rankings and shows a spectacular annual performance of 345%, far outpacing Bitcoin’s 65% gains over the same period.
The project enjoys rare institutional support within the crypto ecosystem. The United Nations Capital Development Fund and several major American banks already use Ripple’s payment system for their cross-border transfers, strengthening the project’s legitimacy with regulators. The launch of RLUSD, a stablecoin backed by the US dollar, marks a new strategic milestone to capture a significant share of the stablecoin market and positions XRP at the heart of global digital payment infrastructure.
From a technical perspective, XRP displays an RSI of 34, close to the oversold threshold of 30. The token has retreated 5% in 24 hours, but this technical correction simply follows the overall market movement. The charts show two recent bullish flag patterns, suggesting significant recovery potential for attentive investors.
The potential approval of XRP spot ETFs in the United States could catalyze a new growth phase. Technical analysts estimate that such an event could propel XRP toward the $5 to $10 range in the short term, with a possible target of $15 if a favorable regulatory framework is established in the United States.
Binance Coin (BNB) is no longer limited to being a simple exchange utility token. BNB now powers a complete ecosystem including NFT marketplaces, decentralized applications (dApps), and a high-performance layer-1 blockchain. This transformation has propelled the token among the world’s five largest cryptocurrencies.
BNB’s deflationary mechanism constitutes a major structural advantage. Binance regularly conducts token burns, progressively reducing the circulating supply and creating long-term upward pressure. This restrictive monetary policy contrasts with the programmed inflation of many other crypto projects.
BNB adoption now extends well beyond the Binance ecosystem. Merchants in travel, gaming, and online services sectors now accept BNB as a payment method, thus increasing its real utility and organic demand.
The token reached a new all-time high of $1,369.99, before pulling back 14% following the general market correction. This performance shows BNB’s relative strength compared to other major altcoins. The neutral RSI at 55 indicates a healthy consolidation phase, without excessive overheating or overselling.
BNB’s technical structure shows a breakout from a bullish pennant formed in spring, suggesting a continuation of the underlying trend. If the bullish sentiment persists, an extension toward $2,000 by year-end remains a plausible scenario according to several analysts. In the case of a prolonged pullback, the psychological and technical zone between $750 and $1,000 should provide solid support.
Zcash (ZEC) stands out with a remarkable counter-trend performance in the market. The token has climbed 32% over the week to settle at $240, while most major cryptocurrencies recorded significant losses. This resilience reflects growing interest in financial privacy solutions.
The project uses zk-SNARKs, an advanced cryptographic technology allowing transaction verification without exposing the sender’s identity, the recipient, or the transferred amount. Its dual-address system offers unique flexibility, allowing users to choose between transparent and shielded transactions, thus balancing personal privacy and regulatory compliance.
Other privacy coins like Dash and Railgun have also recorded exceptional performances, with respective increases of 60% and 47% over seven days. Zcash’s RSI at 68 has just exited the overbought zone, making room for a slight technical pullback before a potential bullish resumption. Analysts estimate a target of $500 by year-end if fundamentals remain positive.
Buy your XRP, BNB, and Zcash (ZEC) today on Bitget with an exclusive bonus.
Anticipate the next crypto bullish wave and secure your positions in these solid cryptocurrencies. 🚀
On the same topic:
Passionate about cryptocurrencies since 2019, I cover the latest news through clear and accessible articles. My goal is to make crypto understandable for everyone, with reliable and well-researched content.
DISCLAIMER
This article is for informational purposes only and should not be considered as investment advice. Trading cryptocurrencies involves risks, and it is important not to invest more than you can afford to lose.
InvestX is not responsible for the quality of the products or services presented on this page and cannot be held liable, directly or indirectly, for any damage or loss caused by the use of any product or service featured in this article. Investments in crypto assets are inherently risky; readers should conduct their own research before taking any action and invest only within their financial means. This article does not constitute investment advice.
Risk Warning : Trading financial instruments and/or cryptocurrencies carries a high level of risk, including the possibility of losing all or part of your investment. It may not be suitable for all investors. Cryptocurrency prices are highly volatile and can be influenced by external factors such as financial, regulatory, or political events. Margin trading increases financial risks.
CFDs (Contracts for Difference) are complex instruments with a high risk of rapid capital loss due to leverage. Between 74% and 89% of retail investor accounts lose money when trading CFDs. You should assess whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Before engaging in financial or cryptocurrency trading, you must be fully informed about the associated risks and fees, carefully evaluate your investment objectives, level of experience, and risk tolerance, and seek professional advice if needed. InvestX.fr and the InvestX application may provide general market commentary, which does not constitute investment advice and should not be interpreted as such. Please consult an independent financial advisor for any investment-related questions. InvestX.fr disclaims any liability for errors, misinvestments, inaccuracies, or omissions and does not guarantee the accuracy or completeness of the information, texts, graphics, links, or other materials provided.
Some of the partners featured on this site may not be regulated in your country. It is your responsibility to verify the compliance of these services with local regulations before using them.
