Crypto Analyst Explains Why Cardano (ADA) and XRP May Miss Out on Being Top Gainers in the Next Bull Market

A bull run and altcoin season are on the horizon. The market is calm, with altcoins at their lowest, poised for a potential surge at any moment. Excitement fills the air as investors eagerly await the altcoins set for significant gains. Many wonder which coins will shine in this coming wave. However, a crypto analyst suggests that Cardano (ADA) and XRP might not be among the top performers this time. This perspective adds an unexpected twist, sparking curiosity about the factors that could influence these predictions. Which altcoins are destined to rise, and why might these popular ones fall short? This article unfolds insights into the intriguing dynamics that could shape the next bull market.

Cardano’s Bulls Gear Up for Next Big Rise

Cardano (ADA) is showing signs of a potential rally despite recent challenges. Its price is moving between $0.31 and $0.35. Bulls seem ready to push it higher with strong support around $0.28 and resistance at just over $0.36. If the bulls can break past this, the next target is over $0.40. That would mean a gain of more than 10%. The low RSI hints at oversold conditions, signaling a possible price jump. With prices inching up by nearly 6% in the past week, optimism is growing. Altcoin enthusiasts might just see Cardano lead the next bull run.

XRP Nears Bullish Breakout: Eyeing New Heights

XRP is currently dancing between $0.5 and $0.58. It’s finding it tough to stay above its ten-day average, sitting just shy of $0.60. The bulls may be prepping for a charge with a strong support just below $0.50. If they break past $0.61, we might see XRP aiming for nearly $0.70. That would mark an impressive potential climb of over 20%. Even though it’s been a mixed bag this past month, growing by a few percent, the bulls seem ready to wrest control from the bears and chase those higher resistance levels.

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Conclusion

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Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.

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