XRP and Toncoin Emerge as Today's Frontrunners as Altcoins Rally

XRP and Toncoin have emerged as today's frontrunners as altcoins rally, driven by macroeconomic catalysts and innovative blockchain advancements.

In the dynamic realm of cryptocurrency, where macroeconomic shifts and technological innovations are shaping the landscape, XRP, Toncoin, and PepeX have emerged as frontrunners for different reasons.

As investors navigate the evolving crypto scene, examining the latest developments, technical analysis, and technical indicators could provide valuable insights for investment decisions.

XRP price prediction: Breakout potential ahead

In the past week, XRP has risen more than 8% as it reclaimed the critical $2.00 support level and emerged among the top performers among large-cap crypto assets.

U.S. President Donald Trump’s recent clarification that he will not dismiss Fed Chair Jerome Powell and his call for pre-emptive rate cuts have stabilised markets and fueled renewed risk-on flows into digital tokens like XRP.

On the daily chart, the token has broken above a long-standing descending trendline and closed decisively above the 50- and 100-day exponential moving averages around $2.22, signalling a shift from consolidation to an uptrend.

The 14-day relative strength index breaking above the neutral 50 mark and currently sitting at 56.61 underscores building bullish momentum and suggests buyers are in control.

Data from Coinglass reveals that open interest in XRP futures spiked by over 25.24% to $4.13 billion in 24 hours, with a long-to-short ratio of 1.024, reflecting traders’ growing conviction in further upside.

While short-term resistance is poised at the psychological $3.00 level, technical analysts are eyeing a subsequent test of $3.40, which aligns with the asset’s all-time high resistance and Fibonacci extension levels.

Parallel to technical advances, renewed optimism around the SEC vs Ripple lawsuit has increased institutional interest, as developers anticipate that regulatory clarity will unlock fresh capital inflows.

Furthermore, growing adoption of XRP in cross-border settlement corridors and Ripple’s expanding On-Demand Liquidity partnerships with major payment providers could underpin sustainable demand beyond speculative trading.

However, traders should remain vigilant, as a failure to hold above $2.00 could trigger a retest of the 200-day EMA near $0.96, exposing XRP to deeper corrections amid profit-taking.

Toncoin price prediction: Bullish reversal and long-term outlook

Toncoin has rallied over 6% in the last 24 hours to trade around $3.12, driven by heightened TVL across DeFi projects and a narrowing gap from its all-time high of $8.25 reached in June 2024, representing a decline of 61.19% from that peak.

The ecosystem’s bullish narrative has been supercharged by the return of Telegram founder Pavel Durov from legal constraints alongside a landmark $400 million US venture capital investment that underscores institutional confidence in The Open Network.

March saw a host of critical upgrades, including a pending API for pre-confirmation transaction tracking, support for Jettons, NFTs, and TON DNS in the native wallet, as well as a 90% adoption rate of the latest fork by validators within two days.

Decentralised finance (DeFi) on TON is maturing rapidly: lending platform Factorial has nearly doubled its TVL to $29 million, TONCO’s liquidity pools reached $7.9 million, and FIVA’s tokenisation vault hit a $1 million milestone in mere days, while trading bots processed over 75,000 active users.

The newly launched TON Layer 2 Payment Network has unveiled atomic swaps and Jetton support, and RedotPay integration now enables $USDT spending at over 130 million merchants via Apple Pay, Google Pay, and Alipay, with a Telegram mini-app forthcoming.

Innovations in gaming through Telegram mini-apps and NFT integrations have broadened TON’s user base, attracting developers and gamers seeking seamless on-chain experiences.

With over 900 million monthly active Telegram users representing a massive addressable market, Toncoin stands to benefit from token utility expansion as more wallets and services integrate the native currency.

From a technical perspective, the 14-day RSI sits at 55.40 and the weekly RSI at 39.88, indicating neutral momentum, while the price remains above short-term 10- and 20-day EMAs yet below the 50, 100, and 200-day EMAs, with four buy and nine sell signals across 17 indicators.

Analysts point to a first major resistance level at $3.23 that must be breached to clear the path to $3.60, while an invalidation below the $2.77 support level risks opening the door to deeper retracements.

Historically, April has underperformed for Toncoin, closing lower