With substantial rebounds seen across the board, the crypto market is heading for a major Christmas pump. Some projects are already flashing bullish signals hinting at imminent rallies. After a short cool-off phase, Ripple (XRP) and Sui (SUI) are preparing for the next leg up, while Cutoshi (CUTO) continues to tear through milestones as thousands are flocking to the $CUTO presale.
Ripple Teases A Breakout As Buyers Step In
Ripple (XRP) took the spotlight in November with a 400% monthly surge that saw it peak at $2.83, a level unseen since 2018. After a rebound from the lows, today Ripple trades at $2.42 with flat price action on the daily and weekly time frames. Right now, with its $137 billion market cap, Ripple is occupying the 4th place on the crypto totem pole after briefly claiming Tether’s 3rd position.
However, pressure is building up as Ripple has been moving in a 7-year triangle formation as detailed in a post by analyst Crypto Michael. A breakout from here could see Ripple enter escape velocity and reach a new all-time high as soon as Q1 2025. This thesis also coincides with the analysis of renowned expert Ali Martinez, who shared a chart reading showing Ripple moving within an ascending trading channel.
On the adoption front, Ripple continues to make strides as well, as the highly anticipated stablecoin RLUSD has been greenlighted by regulatory bodies. Meanwhile, Ripple ETFs could soon become a reality as well, as several financial giants have submitted their applications, including 21Shares, BitWise and WisdomTree.
Sui’s Rebound Leads To New ATH
Sui (SUI) is one of the hottest projects in the space right now, as it continues to rise undeterred, even amid market-wide disruption. After retesting lower support levels, Sui skyrocketed to a new peak at $4.83 just a few hours ago. As investors began taking profits, Sui settled around $4.64 and on the daily timeframe, it boasts 9.2% gains. This move has been accompanied by a 79% surge in trading volume, with roughly $3.7 billion worth of SUI traded across exchanges in the last 24 hours.
Analyst and trader Mags has shared interesting insights regarding Sui’s price action. He draws a parallel between Solana’s 2021 performance and Sui’s current movements. This means that Sui’s moon mission is far from over and it could reach a double-digit valuation in 2025, at the peak of the bull run.
Sui’s rally has been largely driven by the Backpack exchange and wallet integration announcement, alongside record-breaking DEX volume surpassing $466 million and TVL hitting $1.87 billion.
Cutoshi Is Spearheading A Meme Coin Revolution
Cutoshi sets itself apart from the flavor-of-the-month meme coins with its utility-focused approach that leverages a unique MemeFi ecosystem, merging the best of meme culture with DeFi functionality. Its flagship feature, CUTO DEX will offer near-instantaneous cross-chain swaps as it integrates all major blockchains in a single place. This means that users can seamlessly trade assets without having to switch between single-chain protocols.
Through the Cutoshi Farming system, individuals can also participate in special events and complete fun quests aimed at boosting the project’s social media reach. In exchange, they will receive points that can be redeemed for $CUTO tokens post-launch. In addition to this, once staking is live, investors will be able to tap into a passive income option while helping sustain and grow the ecosystem.
The $CUTO presale is now in its 4th stage and tokens go for just $0.031. Over $1.4 million has been raised so far and demand is through the roof. Given all that Cutoshi brings to the table and its incredibly low market capitalization, it could soon be on its way to outperforming majors such as Ripple and Sui in 2025.
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