4 Top Cryptos To Buy Ahead Of Christmas: XRP, MTAUR, DOGE, ADA

Discover why XRP, MTAUR, DOGE, and ADA are top picks for Christmas 2024, with recent surges, strong fundamentals, and rising adoption.

As the cryptocurrency market remains volatile, buyers are eyeing potential opportunities ahead of the Christmas season. Four cryptocurrencies — XRP, Minotaurus (MTAUR), Dogecoin (DOGE), and Cardano (ADA) — have emerged as noteworthy options due to recent developments and market trends.

XRP Holds Firm Despite Market Challenges

XRP has recently re-established 1 USDT as a support level, and buyers are showing rallying interest in the cryptocurrency again. The token rose to a year-to-date high of 1.63 USDT on November 23, boosted by technicals such as the golden cross.

On the four-hour chart, we can see a bullish pattern that indicates that the upward movement may continue, albeit holders should be careful due to macroeconomic factors and other factors affecting the market.

Source: X

Nonetheless, the coin has faced a reversal of fortune and the current price of XRP is 1.44 USDT, which means a 6% drop within the past day. Futures market statistics show that interest is dwindling; open interest dropped by 9% to 2.52 billion USDT. Also, the Long/Short ratio of 0.96% shows that there are few more short positions than long positions. Despite the bearish outlook in the short-term, long-term benefits may be realized due to key fundamental factors, including the expansion of the Ripple ecosystem.

Minotaurus (MTAUR) Soaring Traction in Gaming Sector

Minotaurus (MTAUR), a relatively recent entrant to the blockchain gaming sector, is garnering interest with its ongoing presale and increasing use. The token has already reached more than 308, 000 in USDT, due to a 50% rally in its value during the presale phase. MTAUR is the native token of the Minotaurus gaming ecosystem that is aimed at the casual gaming market; players can use the token for avatar enhancements and in-game purchases.

This project has been audited by SolidProof and Coinsult, and therefore has won the trust of the early adopters of the project. It also aims at mobile gamers with an emphasis on compatibility with smartphones. The early participants have been able to receive their bonuses on referrals and the vested incentives.

Tokens are currently being sold at 0.00006002 USDT in the presale, with the price likely to surge to 0.00020 USDT after listing. Built on blockchain technology, Minotaurus is seeking to become one of the leaders in the promising sphere of blockchain gaming.

Dogecoin Anticipates Possible Rally To $3

Dogecoin (DOGE) has recently seen some rally, with the price expected to go as high as 3 USDT. At a current price of 0.47 USDT, DOGE has already surged 30% within two days. This rally has been attributed to a rally in the altcoin market after Bitcoin pushed through the 99,000 USDT level.

Captain Faibik, a popular analyst, believes that if DOGE climbs to 3 USDT, it could surge by 710%. Besides, other analysts like Ash Crypto and Crypto Yapper have also had similar predictions on Dogecoin.

Source: X

However, more ambitious forecasts, such as 18 USDT and 23 USDT, depend on historical patterns repeating, making them speculative. Despite varying opinions, DOGE remains a favored asset among holders due to its strong community support.

Cardano (ADA) Shows Strength Amid Market Fluctuations

Cardano (ADA) has seen significant price action this November, climbing above $1 for the first time since April 2022. The token reached 1.15 USDT on November 22 before experiencing resistance, subsequently dropping to 0.978 USDT.

The rising number of whales and the institutions have helped boost ADA as large transactions exceed 22 billion USDT daily.

Source: CoinMarketCap

Founder Charles Hoskinson recently  brought concerns about the Wyoming stablecoin project, accusing its commission of procedural misconduct. Despite this, Cardano continues to be a key player in blockchain innovation. It’s possible for ADA to rebound to 1.25 USDT if 0.80 USDT remains a strong support level. Falling below this threshold, however, may trigger a further decline to 0.63 USDT.

Website: http://minotaurus.io/
Announcements: https://t.me/minotaurus_official
Chat: https://t.me/minotaurus_chat
Twitter: https://twitter.com/minotaurus_io


This is a sponsored article. Opinions expressed are solely those of the sponsor and readers should conduct their own due diligence before taking any action based on information presented in this article.

Source: https://bravenewcoin.com/insights/4-top-cryptos-to-buy-ahead-of-christmas-xrp-mtaur-doge-ada