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Cardano and Ripple struggle for direction as RCO Finance heads for a potential 3,000% rally with a clear bullish path.
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Cardano (ADA) and Ripple (XRP) struggle for a clear price direction as bulls and bears pull in opposite directions. Meanwhile, RCO Finance (RCOF) has a clear bullish path to a 3,000% rally.
What are the drivers of this potential rally? And how can crypto enthusiasts enjoy this surge? Let’s find out!
Cardano experiences ranging movement despite new updates
ADA has experienced price swings as the bulls and bears battle for supremacy. The token has risen to $0.41 and fallen to $0.32 within 30 days. However, the Cardano token traded 1.2% below its price a month ago.
These price swings are coming despite the successful implementation of the Chang hard fork. This upgrade made Cardano one of the first fully decentralized blockchain projects.
However, the prevalent market conditions have strongly influenced Cardano’s price. Some analysts predict this sideways movement could continue until after the US election in November.
XRP price stagnates as bulls and bears lock horns
The XRP price has also been subject to the prevalent sideways movement in the market as buyers and sellers battle for supremacy. The Ripple-owned token has risen to $0.66 and fallen to $0.51 over the past 30 days. Despite this, the XRP price is still just 2.2% below its level a month ago.
This XRP price swing is occurring despite Ripple
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Author: Guest Post
