Solana (SOL) Price Trend: Analysts Optimistic, May Recreate the Surge of 2021, Ripple (XRP) and DTX Exchange Also Hotly Pursued
As the cryptocurrency market warms up, Solana (SOL) has become the focus of attention. Well-known analyst Miles Deutscher boldly predicts that the price of SOL may soar like it did in 2021.
CoinWorld has also noticed that SOL is indeed hot, and the two projects Ripple (XRP) and DTX Exchange are also quite popular.
SOL Price May Recreate the Glory of 2021
Solana (SOL) is currently a star in the cryptocurrency world. In the past 30 days, the price of SOL has fluctuated between $158 and $245, with an increase of over 100%, and its market value has risen from $74 billion to $116 billion.
Technical charts also indicate that SOL's upward trend may continue. The current price of SOL is higher than the 10-day moving average of $222 and the 30-day moving average of $196, and the MACD indicator also shows that now is a good time to buy.
Analyst Miles Deutscher is also optimistic about SOL, stating that its current trend resembles that of 2021; if this momentum can be maintained, the price of SOL may soar to $780.
Ripple (XRP), Price Also Rising
As one of the top ten altcoins, Ripple (XRP) is also seeing a price increase. In the past month, the price of XRP has surged over 100%, fluctuating between $0.53 and $1.09.
Market expert Mando CT has also made bold predictions about XRP's price. He stated that since the U.S. Securities and Exchange Commission has faced criticism over its cryptocurrency regulatory approach, XRP's price has risen like a parabola. He predicts that in a super cycle, XRP's price may reach $3 or even $5.
Technical charts support this statement, indicating that XRP's current price is higher than the 20-day moving average of $0.77 and the 50-day moving average of $0.65, and the MACD indicator also shows that now is a good time to buy.
DTX Exchange, Hot ICO
DTX Exchange has also attracted attention in the cryptocurrency circle due to its hot presale performance. It has already raised over $8 million and is expected to reach $9.5 million before the end of this week.
This round of adjustment will refine true gold, finding a cryptocurrency with strong backing that rises against the trend; the next high-multiple target will be the one that performs! Like and comment, reaching 88 will be announced!
