Table of Contents
The Solana (SOL) cryptocurrency has recently surged in value, and there is currently a lot of hope that it can reach $100 in early 2024. It briefly got past the $70 price barrier before retracing back down to $69/65, and as a result, this tidal wave gained significant attention. Ripple (XRP) analysts are optimistic about its future and indicate that there is a bullish momentum that could propel the digital asset to new heights.
Alongside these two cryptocurrencies, Everldoge (ELDG) has made significant progress as it introduces blockchain technology to the $280 trillion real estate market. Today, we will go over each cryptocurrency individually to see just how far they can climb.
Solana (SOL) Breaks Past $70 – Is $106.18 Possible?
Solana (SOL) saw a surge in value of 410% in the past year, out of which 26% growth occurred in the past two weeks alone. A significant level of attention was gained by the Solana crypto when it broke past $70 and climbed to $77.32 before retracing to $69.65 in value. Now, the Solana market cap is at $29,581,675,078, placing it as the 6th largest crypto.
The main concern analysts now have is that SOL has hit a resistance level at $77, which might be difficult to break. It could turn out to be SOL’s peak for the time being. However, there is still potential for it to surge in January following the potential approval of crypto ETFs. According to the Solana price prediction, it can reach $106.18 by Q1 2024.
Ripple (XRP) Is Projected to Climb to $2 by EGRAG CRYPTO
Ripple (XRP) showcased a promising, bullish momentum that could propel it to new heights. It caught the attention of crypto analyst EGRAG CRYPTO, who noted how the Ripple crypto didn’t manage to close a monthly candle above $1.2 yet, pointing out the existence of body candles. The analyst did however emphasize the absence of a full-body candle. During the past week, the
Go to Source to See Full Article
Author: Crypto Daily