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According to renowned analysts, Ripple could see an 85% increase in the coming weeks. However, Cardano and Pullix have been predicted to see an even higher price growth in the coming weeks. Keep reading to learn more about ERC20 tokens.
Market Analyst AlanSantana Forecasts 85% Rally for XRP (XRP)
Market analyst Alan Santana recently discussed the potential price movements of Ripple (XRP). According to his analysis, the Ripple price could increase ranging from 85% to 120%, depending on its correction path. On the TradingView platform, Santana explored two possible correction scenarios for the Ripple coin.
He emphasized that the ongoing positive trend and market wave would be the main factors driving the increase in prices. Looking forward, Santana considered the six-month outlook for the Ripple price. He suggested that the XRP price could range between $0.73 and $0.94, similar to the highs observed in July.
Santana introduced two potential retracement scenarios. The first one envisioned the Ripple coin dropping to approximately $0.51 before rising 85%. In the second correction path, XRP could decline to around $0.43. This would lead to a 120% rally.
Cardano (ADA) on the Way To $33
A well-known market expert, Tyler Strejilevich, has suggested that Cardano (ADA) might experience a significant increase in the coming weeks. The last time the Cardano coin displayed such a positive weekly trend was in November 2020.
The Cardano price increased by a whopping 6,000% over the next 66 weeks, as S
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Author: Crypto Daily
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