Cardano has continued to record gains, in contrast to the slowdown recorded across the crypto market. Other cryptos that have impressed are XRP and Bitcoin Spark. Let’s find out the price target analysts have set for these three altcoins.
Visit the Bitcoin Spark ICO For A Second Chance At Joining Bitcoin Early
Cardano Has Sustained Its Bullish Momentum
Cardano has maintained its position as a top gainer over the last month. The price of ADA has increased by more than 35% on the monthly chart. Cardano has overtaken the $0.300 and $0.3500 resistance levels in the process.
Although the crypto market experienced a slowdown, the Cardano price movement has remained bullish. In addition, Cardano’s ecosystem has gained traction over the last few months. Key metrics have pointed to the Cardano network becoming a top crypto DeFi space.
Analysts have predicted that it could become a top 10 DeFi network in the coming weeks. The Cardano price prediction is just as bullish. DigitalCoinPrice has predicted that the Cardano price will reach a high of $0.76 before the year ends.
XRP Briefly Overtook BNB, Eyes $1 Next
Another altcoin that has outperformed the market is XRP. After a potential settlement in the Ripple lawsuit was proposed, the price of XRP jumped by double digits, briefly overtaking BNB. The XRP market cap briefly overtook that of BNB.
Although the altcoin has returned to its fifth position with a $37 billion market cap, analysts have remained bullish. CoinPedia has reported that the XRP price may drop to an interim support at $0.68. However, the altcoin remains in the scope of a parabolic rise.
Based on this price prediction, XRP could rise above $1 in the coming weeks. However, zones to watch out for in this rise are at $0.82 and $0.91. XRP has shown potential for this bullish breakout following key approvals to operate and its offer services in Georgia and Dubai.
Bitcoin Spark Set for Explosive Price Rally
Bitcoin Spark has attracted massive bullish attention because of its uniqueness. Initially forked from Bitcoin, Bitcoin Spark has made several significant upgrades that have made it the best new crypto to buy now. One of which is the inclusion of smart contracts.
This new network has integrated smart contract functionality to benefit from the flexibility it offers. Also, it has created a unique consensus algorithm, Proof-of-Process (PoP). This new consensus is a hybrid of Proof-of-Work and Proof-of-Stake.
Proof-of-Process was built to make Bitcoin Spark faster, cheaper, and more efficient than the original Bitcoin network. As a result, it requires less hardware and energy to mine BTCS tokens. Network users can participate in securing the blockchain with only their smart devices.
Bitcoin Spark has been deemed an all-around improvement to the original Bitcoin. As such, analysts have forecasted a parabolic rise to $50 after its crypto presale. However, investors have been given another chance to get into BTCS early now. It trades at $3.50 in its ninth ICO stage.
Find out more about the Bitcoin Spark ICO below:
Website: https://bitcoinspark.org/
Buy BTCS: https://network.bitcoinspark.org/register
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