Deutsch한국어日本語中文EspañolFrançaisՀայերենNederlandsРусскийItalianoPortuguêsTürkçePortfolio TrackerSwapCryptocurrenciesPricingIntegrationsNewsEarnBlogNFTWidgetsDeFi Portfolio TrackerOpen API24h ReportPress KitAPI Docs

Premium is discounted today! 👉 Get 60% OFF 👈

Market Expert Urges Urgent Conversion From Bitcoin to XRP Amid Price Hike – Here’s Why

6h ago
bullish:

0

bearish:

0

Share
img
  • Farina urges Bitcoin holders to switch to XRP immediately.
  • XRP shows signs of strength amid Bitcoin’s market dominance decline.
  • Analysts predict XRP could deliver higher returns than Bitcoin.

Bitcoin’s climb to new all-time highs has triggered a bold call from a leading market voice. Edoardo Farina, founder of Alpha Lions Academy and prominent XRP advocate, has urged investors to urgently convert their Bitcoin holdings into XRP.

Despite Bitcoin’s impressive 26.15 percent gain so far this year, XRP is not far behind, posting a 24 percent increase within the same period. Whereas Bitcoin has been in the lead, XRP has displayed increased activity during the past two days.

Nevertheless, XRP is still moving lower than its all-time high of $3.8 and the yearly high of $3.4.

According to Farina, this positioning is beneficial to XRP, which means it can grow further. Last year, he recommended investors stock up on XRP when its price was approximately $0.5.

In November 2022, he suggested holding at least 10,000 XRP, which was valued at around $5,000 at the time. Weeks later, the market responded, with XRP beating Bitcoin in a brief rally.

Also Read: ‘Are You Prepared?’ Prominent Analyst Reveals XRP’s Path to $11 and $30

Market Indicators Point to Altcoin Rotation

Bitcoin has entered a price discovery phase, achieving record highs in recent days. However, its market dominance has started to decline. Decline in dominance is usually regarded as an indication that investors are switching capital from Bitcoin to altcoins such as XRP.

Bitcoin and xrp

Source: Tradingview

The trend lies behind Farina’s warning, who believes that XRP’s past performance during market recoveries and uptrends supports the possibility of a future bull run. His latest statements, in which he publicly criticized the perspective of Bitcoin and dubbed it a sinking vessel, also support this opinion.

Proving this argument, crypto analyst Johnny, the founder of Merlin, pointed out the potential of XRP to gain even more. According to him, Bitcoin would have to add $2 trillion in market value to hit a doubling of price, but XRP would only about $130 billion.

As market momentum shifts and Bitcoin dominance softens, XRP is drawing renewed interest. Farina’s message adds urgency to the conversation, positioning XRP as a potential breakout asset in the evolving crypto cycle.

Warning Signals Grow as Dormant Bitcoin Reactivates

Meanwhile, a few days ago, over 80,000 BTC, worth more than $9 billion, was moved from dormant wallets to unknown destinations. Valued at over $9 billion, the transaction raised suspicions across the market.

Farina warned that these movements may indicate early investors are preparing to exit. He believes the timing could point to a broader shift in sentiment, urging retail investors to reassess their exposure before a potential correction unfolds.

Also Read: Here’s Why Bitcoin Price is Rising Today

The post Market Expert Urges Urgent Conversion From Bitcoin to XRP Amid Price Hike – Here’s Why appeared first on 36Crypto.

6h ago
bullish:

0

bearish:

0

Share
Manage all your crypto, NFT and DeFi from one place

Securely connect the portfolio you’re using to start.