Q4 2024 Trending Coins Price Outlook: Can Ripple (XRP) Achieve $1, or Will This Newcomer Beat It to the Finish Line?
As the crypto market enters the final quarter of 2024, attention turns to coins that could see substantial gains. Ripple (XRP) is in focus, with speculations about reaching the $1 milestone. At the same time, a fresh player is making headlines, poised to potentially outpace established tokens. Which digital assets are primed for a breakout?
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XRP Poised for Growth: Approaching Resistance with Bullish Indicators
XRP is trading between $0.52 and $0.55, showing upward momentum with a 5.09% increase over the past week. The price is nearing the resistance level at $0.56, and breaking through it could lead to the next target around $0.58. The 10-day Simple Moving Average is $0.55, slightly above the 100-day SMA of $0.54, indicating a bullish trend. The Relative Strength Index is at 49.55, suggesting there is room for growth before reaching overbought levels. The MACD is positive at 0.00166, supporting potential upward movement. If XRP surpasses these resistance levels, it could see significant gains in the coming days.
Ethereum Set to Soar: Breaking Resistance Could Fuel Significant Gains
Ethereum is trading between $2359.53 and $2548.75. The price has risen over 10% in the past week and nearly 14% in the past month. The nearest resistance level is $2628.82. If Ethereum breaks this level, it could climb to the next resistance at $2818.04, which is over a 10% increase from current prices. The Relative Strength Index is at 49.32, indicating neutral momentum, and there’s room for growth before hitting overbought conditions. The 10-day and 100-day simple moving averages are around $2600, suggesting a potential upward trend. With altcoin season on the horizon, Ethereum may be poised for a strong rally.
Solana Eyes Breakout: Potential Surge Toward $179 on the Horizon
Solana (SOL) is trading between $138 and $155, approaching its nearest resistance at $162. If it surpasses this level, the next target is $179, which would be about a 17% increase from current prices. The Relative Strength Index is near 40, indicating room for upward movement before overbought conditions occur. Stochastic levels are low, suggesting a possible bullish reversal soon. While the MACD is slightly negative, a shift could signal growing positive momentum. Over the past month, SOL has shown modest gains, and with the anticipated altcoin season, Solana might be poised for a significant rally in the near future.
TRON (TRX) Poised for Growth: Breaking Resistance and Eyeing Higher Levels
TRON (TRX) is showing strength within the $0.16-$0.17 range. It’s approaching the nearest resistance at $0.17. A break above this could open the path to the next target at $0.18. Over the past month, TRX has risen by over 7%. The MACD is in positive territory, signaling potential upward momentum. With a 6-month gain of 45%, TRX demonstrates solid growth. The RSI is near neutral at 47.54, suggesting there’s room for more upward movement. If bullish momentum continues, TRX could see an additional rise of around 10% from current levels. The alignment of these indicators points to a promising outlook for TRX in the altcoin market.
Conclusion
In the 2024 bull run, XRP, ETH, SOL, and TRX show less short-term potential. ZircuitDEX stands out by offering 500X capital efficiency, lightning-fast transactions, and zero slippage. The ZDEX Token is in presale at a 70% discount, with potential 500% returns upon launch. Holding ZDEX provides early access to new meme coins, reduced fees, and governance rights, allowing early adopters to maximize returns.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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