XRP Price to Reach $8 After Breaking 7-Year Consolidation, Cardano to Hit $5, and Rexas Finance Crypto Price to Touch $11 from $0.09
The post XRP Price to Reach $8 After Breaking 7-Year Consolidation, Cardano to Hit $5, and Rexas Finance Crypto Price to Touch $11 from $0.09 appeared on BitcoinEthereumNews.com.
The news in the crypto market has been quite positive over the last few weeks, and this is not surprising to say as the prestige names are also witnessing incredible upward movements. Among the top headlines are XRP and Cardano, the two tokens with the most recent surges in their price and positive predictions. But the most notable thing is that another token, Rexas Finance (RXS), is rapidly positioning itself as the most favorable for growth. Below we discuss the price targets for XRP, Cardano, and RXS, what their growth potential looks like, and why it will be a good time to pay attention. XRP Price Target Will Cross the $8 Mark XRP has recently made waves as it managed to break out from a 7-year-long stagnant pattern, suggesting strong bullish pressure. It would not be wrong to say that the bullish sentiment towards XRP’s prior price action has solidified even further post-Ripple’s win over SEC. For $1.48, with a market cap of $84,285,396,702, investors can see some form of stability within the altcoin to possibly move towards the mark of $8 in the next few months. Because of the seven-year consolidation, XRP’s technical aspect was developed, which makes this breakout quite relevant. The volume of whale activity and the use of Ripple’s On-Demand Liquidity (ODL) solution have significantly boosted its outlook. With RippleNet still being supported by many large payment entities globally, the utility and the demand for XRP are expected to rise in tandem with its bull price trend. Cardano Set to Hit $5 Currently, Cardano (ADA) is trading at $1.04, with a market capitalization amounting to $37,332,078,546, and the price of ADA rising by thirty percent this month. The reasons behind ADA’s growth include the blockchain network powered by Cardano becoming increasingly popular for ever more dApps…
Filed under: News - @ November 29, 2024 9:26 am