Analysts Set High Targets for These 3 Altcoins: Ready to Ignite! (BTC, ETH, XRP)

  • Crypto analyst Aaryamann Shrivastava predicts a 30% rally ahead for NEAR. The analyst also foresees a new move for TRX. Analysts under the pseudonym Credible Crypto share bullish targets for XRP. We have compiled these 3 altcoin predictions for our readers.
  • Near Protocol (NEAR) is trading at $7.1 at the time of writing. The altcoin price is moving within a rising triangle. The rising triangle formation is a bullish continuation formation indicating increasing buying pressure, consisting of a horizontal resistance line and an upward sloping trend line. A break above the resistance level will indicate a potential upward trend continuation. According to the formation, NEAR is currently looking at a target of $9.9. This rise will signal a 31% rally for the altcoin.
  • Tron’s price, trading at $0.125, is close to breaking the $0.127 resistance. Breaking this resistance will not only make further rise possible but will also make supply profitable. This will push the price towards $0.130. Surpassing $0.130 as support will provide the necessary support for the altcoin price to reach its all-time high of $0.144.

Crypto analysts predict bullish movements for NEAR, TRX, and XRP. NEAR is expected to rally by 31%, while TRX is close to breaking a key resistance level. XRP is also predicted to rally alongside Bitcoin.

NEAR Price Prediction: Is the Altcoin Preparing for a Rally?

Near Protocol (NEAR) is currently trading at $7.1. The altcoin price is moving within a bullish continuation formation known as a rising triangle. This formation, consisting of a horizontal resistance line and an upward sloping trend line, indicates increasing buying pressure. A break above the resistance level will signal a potential upward trend continuation. According to the formation, NEAR is currently looking at a target of $9.9, which would represent a 31% rally for the altcoin.

TRX Price Prediction: Closer to ATH!

Tron’s price, currently trading at $0.125, is close to breaking the $0.127 resistance. This break will not only enable further rise but also make supply profitable, pushing the price towards $0.130. If it surpasses $0.130 as support, the altcoin price could reach its all-time high of $0.144.

XRP Price Prediction: $0.64 Target for the Altcoin!

Credible Crypto, an analyst, predicts that the cross-border payment network XRP will rally alongside Bitcoin. If XRP shows stronger performance than BTC in this potential upward move, it could rise above $0.64, which would be a very positive sign.

Conclusion

Analysts predict bullish movements for NEAR, TRX, and XRP. NEAR is expected to rally by 31%, while TRX is close to breaking a key resistance level. XRP is also predicted to rally alongside Bitcoin, potentially rising above $0.64. However, these are just predictions and not investment advice. Always conduct your own research before investing.

Don't forget to enable notifications for our Twitter account and Telegram channel to stay informed about the latest cryptocurrency news.

BREAKING NEWS

Ethereum’s Path to $5000: Key Drivers and Market Dynamics Analyzed

COINOTAG News, May 15th. The **Ethereum (ETH)** market has...

BTC Dominance Soars to 64.4% as ETH and Altcoins Struggle for Market Share

In a recent analysis by Glassnode, it was reported...

Ethereum Average Cost Basis Revealed: Key On-Chain Price Levels for ETH Holders

Recent analysis by CryptoQuant has revealed crucial on-chain price...

Hong Kong’s Avenir Group Expands Its Holdings in BlackRock Bitcoin ETF to $6.91 Billion

According to a recent 13F filing by the Avenir...
spot_imgspot_imgspot_img

Related Articles

spot_imgspot_imgspot_imgspot_img

Popular Categories

spot_imgspot_imgspot_img