The year 2022 witnessed a record decline in the prices of crypto assets. As we enter 2023, the crypto market is expected to recover.
These altcoins lost value for the majority of 2022, but they may recover in the coming months.
Top Altcoins Under $1 That Can Explode in 2023
XRP
XRP prices will see momentum in 2023, as the court case is expected to be resolved this year.
XRP has slightly gained in the last few days after experiencing a downturn for most of 2022. It is currently trading at $0.3432. XRP’s price has risen by 0.58% in the last 7 days. Before that, it declined by 11.44% in the last month, by 20.63% in the last two months, and by 33.09% in the last three months.
According to Coincodex‘s technical indicators, the current sentiment is bearish around the coin. They predict that XRP price would be between $ 0.612236 and $ 1.838535 by 2024.
Also Read: Top Cryptocurrencies To Buy In January 2023 For 10X Returns
Dogecoin
DOGE can rally again as the “OG” meme coin has a strong community behind it, including the likes of Elon Musk. It is currently trading at $0.07227. DOGE prices have risen by 5.98% in the last one week. But it has declined by 24.50% in the last one month and by 27.80% in the last two months. Overall, DOGE gained 17.64% in the last 3 months.
The current sentiment is bearish around DOGE, according to CoinCodex‘s technical analysis. They predict that the price of DOGE will be between $ 0.111529 and $ 0.334920 by 2025, with the possibility of reaching $ 1.648091 by 2027.
Also Read: Top Ethereum Tokens To Buy In January 2023
Cardano (ADA)
Cardano has been seeing a downturn for quite some time. It saw a huge price decline in 2022. ADA’s price declined by 10.23% in the last 30 days, by 27.22% in the last 60 days, and by 34.20% in the last 90 days. However, ADA gained 13.47% and is currently trading at $0.2774.
According to Coincodex‘s technical analysis, the current sentiment is bearish around ADA. They forecast that the ADA price will be between $ 0.838147 and $ 2.52 by 2025, with the possibility of reaching $5 by 2026.
Also Read: Top Undervalued Crypto Coins To Invest In January 2023
Source: https://coingape.com/blog/top-crypto-coins-under-1-to-invest-in-january-2023/