🔴$XRP or $ADA : Which Altcoin Will Reach $1 First🔴

As the crypto market experiences a bull run, altcoins like XRP and ADA are making significant gains. Both tokens are surging, with XRP currently outperforming ADA and trading well above $0.50. With the altcoin season approaching, let's analyze the XRP and ADA price trends to predict which one will reach $1 first.

XRP Price Analysis:

- XRP has shown a remarkable 56.8% recovery in the past two weeks, rallying from $0.382 to $0.60

- The altcoin has reclaimed daily EMAs (20, 50, 100, and 200), indicating a return of bullish sentiment

- A symmetrical triangle pattern is forming, which could drive a consolidation trend and potentially lead to a bull run

- A bullish breakout could target $1.94

ADA Price Analysis:

- ADA has corrected from $0.33 to $0.44, a 33.7% increase

- The altcoin has acquired support from the 50D EMA and breached the downsloping trendline

- Sustaining this breakout could signal a change in market sentiment and potentially lead to a trend reversal

- ADA needs to surpass the 200D EMA and 50% Fibonacci retracement level around $0.558 to confirm a trend reversal

Both XRP and ADA are showing promising signs, but XRP seems to be leading the charge. However, ADA's sustained buying pressure could help it catch up. Which altcoin will reach $1 first? Only time will tell

#XRPGoal       #BinanceHODLerBANANA    #BinanceTournament!  #BANANA $BANANA
#ETH_ETF_Approval_23July