Cardano

Bitcoin

when

<p>The post <a href="https://coinpedia.org/price-analysis/xrp-army-may-transcend-cardano-bulls-to-reach-1-first-heres-when/" rel="noopener noreferrer nofollow">XRP Army May Transcend Cardano Bulls to Reach $1 First: Here’s When!</a> appeared first on <a href="https://coinpedia.org" rel="noopener noreferrer nofollow">Coinpedia Fintech News</a></p>
<p>The crypto market had achieved the milestone of a $2 trillion market cap as Bitcoin prices soared above $52,000 and approached close to $53,000. This was when the Ripple (XRP) price headed close to $0.6, while the Cardano (ADA) price surpassed it and achieved $0.64. Further, both the tokens faced bearish heat, but the current trade setup suggests that XRP may reach a dollar much before ADA.&nbsp;</p>
<h2 class="wp-block-heading" id="h-cardano-ada-price-analysis">Cardano (ADA) Price Analysis</h2>
<figure class="wp-block-image"><img decoding="async" src="https://lh7-us.googleusercontent.com/Zq21G_KtUdWjxwGYsG0VvgQGl2fcteIntFUuSPa_g0ddpO0tvPjzP2Rz6dTpAoOeO8zUdbDc1SRIb0Poigw78MLxhXKlO9lvQyTj8-052TM5w8j--pCxnX6sMb4Yu1_UoF-mmKPN_jnYFUFMOPMaRrc" alt="">
</figure>
<ul>
 <li>The weekly chart of <a href="https://coinpedia.org/price-prediction/cardano-price-prediction/" target="_blank" rel="noopener noreferrer nofollow">ADA price</a> displays the token being at the neckline of a parabolic recovery after the 2021 bear market</li>
</ul>
<ul>
 <li>However, the token is facing immense trouble in rising above $0.68, which has become one of the crucial resistances to achieving</li>
</ul>
<ul>
 <li>The bears have managed to keep the price restricted throughout the week, but the upcoming weekly close may turn the tables for the token</li>
</ul>
<ul>
 <li>The StochRSI is flashing bullish signals, which may lift the levels above $0.9 initially and if the bulls manage to sustain at these levels, a rise beyond $1 could be possible somewhere by the end of Q3</li>
</ul>
<h3 class="wp-block-heading" id="h-ripple-xrp-price-analysis">Ripple (XRP) Price Analysis</h3>
<figure class="wp-block-image"><img decoding="async" src="https://lh7-us.googleusercontent.com/eZzQQxp3lYhzqYAwH2uxJBB1xPXhahw7ffHQyEtkHg_YDYxVoHtgfUjecGY4ziaE_fHvOWg8oyoOMUVIeVvWKdoBIyk_wC98KT0Q7gOsvGbTgl6GVhQ2pAOjYydWhHSSDgy1tEEDvTmxGaXLfXYrTZM" alt="">
</figure>
<ul>
 <li>Being a little different from the ADA price, the <a href="https://coinpedia.org/price-prediction/xrp-ripple-price-prediction/" target="_blank" rel="noopener noreferrer nofollow">XRP price</a> has been displaying acute variations, trading within a rising parallel channel&nbsp;</li>
</ul>
<ul>
 <li>The rebound from the lower support suggests the resurgence of the bulls and if the volume supports, a huge god candle could form, heading towards the upper resistance of the channel</li>
</ul>
<ul>
 <li>The bullish StochRSI may certify the bullish rebound but the draining volume may raise some concerns</li>
</ul>
<ul>
 <li>Therefore, the XRP price is believed to maintain a consolidated upswing to reach $0.85, the upper resistance of the channel. If the bulls maintain some strength, then the possibility of reaching $1 may become stronger if the price rises beyond $0.95.&nbsp;</li>
</ul>

XRP Army May Transcend Cardano Bulls to Reach $1 First: Here’s When!

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