XRP: Strong upward momentum
XRP has recently continued to gain momentum, successfully breaking through the key resistance at $1, and is currently stable above $1.20, aiming for $2. After a long consolidation period below $0.60, the strong breakout accompanied by a surge in trading volume has attracted widespread market attention. In the short term, $1.50 is the next psychological resistance, and if broken, it will inevitably attract more buying, laying the foundation for challenging $2. However, due to the RSI already being overbought, there may be some short-term adjustments, but the overall trend remains bullish.
ETH Golden Cross: High upward potential
Ethereum currently shows potential for a golden cross — the 50-day EMA is about to cross above the 200-day EMA, a signal that usually indicates strong long-term gains. Recently, Ethereum has successfully broken through the $3000 mark, and if the cross is confirmed, it may further challenge $3500 or even $4000. However, the RSI for ETH is nearing the overbought zone, which may lead to some short-term pullback, with support around $2800. Overall, as long as the golden cross forms, the market heat for ETH will continue to rise.
Cardano: Still undervalued?
Cardano (ADA) has recently rebounded strongly, with prices nearly doubling in just a few weeks. Despite this, the market generally believes that ADA is still undervalued compared to other mainstream coins. After a long period of stagnation, Cardano is gradually regaining strength and has broken through several key resistance levels, with $0.50 now becoming a new support level. With the enhancement of the Hydra scaling solution and smart contract functionality, Cardano's ecosystem is becoming increasingly robust. The current price rebound, combined with the warming market sentiment, suggests that ADA is likely to rise further.
Whether it’s XRP’s breakthrough potential, ETH’s golden cross signal, or Cardano’s undervalued nature, the market's enthusiasm for cryptocurrencies is being reignited. For investors holding these coins, this is undoubtedly a key moment to watch. Adjust your mindset, go with the trend, and this may be the beginning of the next doubling opportunity!
