Cardano

Victory

Coin

You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/crypto-markets-surge-following-trumps-victory/" data-wpel-link="internal">Crypto Markets Surge Following Trump’s Victory</a> 
The <a href="https://en.coin-turk.com/regulators-sign-major-legal-settlements-with-crypto-companies-in-2024/" data-wpel-link="internal">cryptocurrency</a> markets are rapidly rising after Trump’s electoral win. Polls had predicted Harris would lead, so Trump’s victory has triggered a significant upward movement. Experts suggest that historical data indicates the usual trends will continue in this cycle, implying that cryptocurrencies such as <a href="https://en.coin-turk.com/will-solana-share-the-same-fate-as-cardano-analysts-alarming-warning-for-a-popular-altcoin/" data-wpel-link="internal">ADA</a>, XRP, and <a href="https://en.coin-turk.com/altcoins-show-promise-as-market-sentiment-improves/" data-wpel-link="internal">DOGE</a> may still be undervalued. 
<h2 style="text-align: justify" id="ripple-xrp">Ripple (XRP)</h2> 
As of this writing, the price of XRP Coin is hovering around $0.53. Although it started the day with a 4% gain, next year could see significant volatility following Trump’s dismissal of the SEC Chair. The incoming president may not be persistent during the appeals process, potentially leading to a more favorable stance towards crypto and concluding years of conflict. 
<img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-404213 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/11/XRPUSDT_2024-11-06_20-28-40.png" alt="" width="1814" height="836"> 
With $0.55 turning back into support, $0.58 could be surpassed, with $0.63 as a target. 
<h2 style="text-align: justify" id="cardano-ada">Cardano (ADA)</h2> 
Despite experiencing double-digit gains over two days, ADA Coin remains below $0.40. If it begins closing above $0.364, trials at the $0.448 resistance may follow. Investors are showing frustration due to Cardano ‘s inability to meet expected developments, yet it remains one of the largest altcoins by market value. 
<img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-404214 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/11/ADAUSDT_2024-11-06_20-29-44.png" alt="" width="1814" height="836"> 
<h2 style="text-align: justify" id="dogecoin-doge">Dogecoin (DOGE)</h2> 
The price holding at $0.153 is preparing for elections, with Dogecoin ranking among today’s top gainers. Trump is crypto-friendly, and Elon Musk’s suggestions are winking at the king of meme coins. All these factors make DOGE’s rise quite significant. 
<img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-404215 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/11/DOGEUSDT_2024-11-06_20-31-59.png" alt="" width="1814" height="836"> 
With a 45% increase in just two days, the largest meme coin is now struggling under the resistance of $0.202. Above this barrier, a target of $0.23 could be set, followed by $0.28 and $0.30. It is not overly optimistic to think Dogecoin could approach the $1 target it neared in 2021 during this unique bull phase. 
Currently, the BTC price stands at $74,500, and major cryptocurrencies like SOL Coin and ETH also continue the day with over 5% gains. 
The post <a href="https://en.coin-turk.com/crypto-markets-surge-following-trumps-victory/" data-wpel-link="internal">Crypto Markets Surge Following Trump’s Victory</a> appeared first on <a href="https://en.coin-turk.com" data-wpel-link="internal">COINTURK NEWS</a>.

Crypto Markets Surge Following Trump’s Victory

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