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The post Litecoin Preparing for a 2x Rally While This Altcoin Wakes Up From a Prolonged Consolidation’s-What’s Next! appeared first on Coinpedia Fintech News

The Bitcoin price inched close to $100K and after facing a small pullback, it is hovering within a range. In the meantime, the top altcoins that performed well in the 2021 bull run, like Litecoin & Polkadot, have triggered a fresh bullish run. Both the tokens have reached pivotal levels and hence are believed to trigger a fresh bullish run in the coming days. 

Litecoin has been considered one of the most undervalued tokens as being the first altcoin after Bitcoin; the token maintained a sluggish trend for quite a long time. During the 2021 bull run, the price managed to rise by over 1500% and hence the price is expected to display a more aggressive upswing in the upcoming bull run. 

The LTC chart in the long term suggests the trend has just shifted in favour of the bulls as the Ichimoku cloud displayed the end of the selling pressure. Besides, the supertrend has just flipped from bearish to bullish, suggesting the start of a fresh bullish trend. However, the Litecoin price has entered a pivotal range between $101.43 and $106.33 and reached the neckline of the double-bottom pattern. A push from this range could elevate the levels close to $130, which could further elevate the levels above $155. 

On the other hand, the Polkadot (DOT) price triggered a massive run and a rise above the prolonged descending trend. After being stuck in a descending trend, the price has failed to gain the double-digit figure, which is expected to reach in a short while from now. 

The DOT price traded within a parallel channel and after rebounding from the lows, it surged close to 100% to reach the average bands. The MACD has turned bullish after a long time, with the RSI reaching the upper threshold. Once these levels enter the overbought zone, the DOT price is expected to revamp a strong rise and hit the resistance at $13.24, surpassing the yearly highs at around $10. 

Artificial Intelligence (AI) is now the most dominant narrative in crypto, and some coins are capitalizing on it. TFUEL is nearing a $500 million market cap after an 18% rise in the last seven days, though it remains far below its 2021 peak. ZIG, up 15% in the past week, is closing in on its all-time high, fueled by strong market interest and its growing $200 million market cap.

Meanwhile, AKT, the fifth-largest AI-focused coin, has gained 22% this week and is on the verge of breaking the $1 billion market cap, highlighting its strong momentum and expanding role in decentralized cloud computing.

Theta Fuel (TFUEL)

TFUEL is the coin of Theta Network, a blockchain-powered video streaming platform. Its approach aims to lower streaming costs while improving content quality and expanding distribution reach.

TFUEL has gained 18% in the past seven days and is now approaching the $500 million market cap. Despite this recent growth, the altcoin remains significantly below its 2021 all-time high, sitting at just one-tenth of that peak value. This highlights both its potential for recovery and the challenges it faces in regaining former levels.

TFUEL Price Analysis. Source: TradingView

TFUEL’s RSI is currently at 50, indicating neutral momentum where neither buyers nor sellers dominate. If the uptrend gets strong again, it could rise to test $0.080 and potentially reach $0.1. However, if the trend is reverted, it could go down as much as $0.054 or even $0.047.

ZIGDAO (ZIG)

ZIGDAO, formerly known as Zignaly, is a platform designed to enable crypto copy trading with artificial intelligence. It allows users to invest in digital assets by following the strategies of top managers and funds.

ZIG Price Analysis. Source: TradingView

ZIG is currently 20% below its all-time high but may be gearing up to test it again. The coin has recently surpassed a $200 million market cap and is up 15% over the last seven days.

If the uptrend remains strong, ZIG could break past its all-time high, surpassing $0.19. However, a reversal in market sentiment could see the coin testing its support at $0.127. If that level fails, ZIG may face a deeper correction, potentially dropping to $0.081.

Akash Network (AKT)

Akash Network is a decentralized, open-source cloud computing platform designed to connect those in need of computing power with providers offering cloud resources using artificial intelligence.

AKT Price Analysis. Source: TradingView

AKT, Akash’s native token, is currently the fifth-largest AI-focused coin in the market and is approaching a $1 billion market cap. With a 22% gain over the past seven days, AKT has demonstrated strong momentum, positioning itself for potential further growth as it eyes this significant milestone in the coming weeks.

If the uptrend continues, AKT could test resistance at $4.71 and possibly push toward $5 for the first time since May 2024. However, if market sentiment shifts and the trend reverses, AKT may face downward pressure, testing support levels at $2.87 and $2.43.

The post Top 3 Artificial Intelligence (AI) Coins of the Third Week of November 2024 appeared first on BeInCrypto.

The post XRP Price Will Hit ATH Soon, 250% Surge Against ETH Projected appeared first on Coinpedia Fintech News

Ripple News Now : In the last seven days, with an impressive growth of 55.8%, XRP has outperformed almost all of the top cryptos. Including Bitcoin, Ethereum, Solana, BNB, Dogecoin and Cardano. The strong bullish sentiment that has emerged in the XRP market has grabbed the attention of many crypto enthusiasts.

Recently, a crypto specialist, identified as CrediBULL Crypto on X, stated that the XRP price may reach a new all-time high much earlier than expected. What does this imply? Dive in to know more about this striking statement. 

Analysts Predict XRP ATH Soon: Unbelievable? 

Expressing his extremely optimistic outlook about the present state of the XRP market. CrediBULL Crypto, in his recent post about the XRP price trends, asserted that the XRP price will hit a new ATH earlier than expected.

Explore XRP price predictions 2025 to 2030 and discover when Ripple’s XRP price might hit its all-time high (ATH)

However, he provided no clarity on when exactly the market could see a new ATH. Nonetheless, he noted that XRP would outperform the top two cryptos, Bitcoin and Ethereum, in this cycle. In the last 30 days, with an enviable growth of 194.5%, XRP has surpassed both Bitcoin’s +47.5% and Ethereum’s +33.4%. 

I think $XRP is probably going to make new ATH a lot quicker than most are expecting- and I think it’s going to vastly outperform both $BTC and $ETH from current levels while doing it.

XRP/ETH just reclaimed and retested a 4 year long range, with the first target being ~250%… pic.twitter.com/fLYlH2GEYB

— CrediBULL Crypto (@CredibleCrypto) November 21, 2024

Comparing XRP with Market Leaders 

On November 6 itself, Bitcoin surpassed its ATH of $73,000+. Now priced at $98,454.31, Bitcoin now stands at nearly 34.86% above its ATH. Currently, the market is struggling to touch the milestone of $100K. Yesterday, it achieved only a minimal growth of 0.56%. 

Meanwhile, currently trading at a price of $3,360.19, the ETH price remains at least 21.09% lower than its yearly peak of $4065.40, and 43.17% below its ATH of $4,810.81.

However, priced at $1.53, the current price of XRP is approximately 150.21% lower than its ATH of $3.84. 

This indicates that XRP has significantly more room to grow compared to the top two cryptos, Bitcoin and Etheruem. 

XRP/ETH Pair Growth Potential 

Interestingly, CrediBULL Crypto pointed out that the XRP/ETH pair has retested a 4-year long range. The XRPETH monthly chart shows that in April 2024, the price slipped below the aforesaid range, and by July, it reentered. Right now, the XRPETH price is at least 160.4% above the lower line of the range, while the upperline remains at least 181.47% higher than the current price. The expert predicted a rise of 246% in this pair by 2025. 

Future Targets of XRP

Reports suggest that the next price target of XRP is $2. Experts believe that once the market breaks above the range of $2, it would start its journey towards a new ATH. 

In conclusion, XRP’s price action indicates a bright future, with analysts projecting significant milestones ahead. 

FAQ

Is XRP a Good Investment ?

XRP shows strong investment potential, with a 55.8% weekly surge and analysts predicting a new all-time high (ATH) soon. Experts suggest XRP could outperform Bitcoin and Ethereum, with the XRP/ETH pair projecting up to 250% growth. Its current price, still far below its ATH, offers significant room for future gains.

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