Tiny cryptos valued at less than a dollar hold massive potential. Could they soar to $100 in value? Discover which digital coins are poised for remarkable growth. Learn about the promising factors driving their potential rise. Explore the key players in this intriguing financial frontier. Uncover the hidden gems of the crypto world ready to break out.
XRP Struggles Between Bulls and Bears as Price Hovers Near $0.59
XRP is trading between $0.56 and $0.63, showing a tug-of-war between bulls and bears. The coin’s price remains steady around $0.59, close to its 10- and 100-day simple moving averages of $0.57, suggesting lack of strong momentum. The RSI is balanced at 53.63, hinting neither side is winning yet. The next resistance is at $0.66, about a ten percent rise from its current range, and support lies at $0.52. If bulls gain strength, XRP could reach $0.73, marking a potential lift of over 20%. For now, the price movements suggest uncertainty in market direction.
Pyth Network Struggles: Bears Dominate, Bulls Nowhere to Be Seen
The Pyth Network (PYTH) cryptocurrency is struggling, with its current price hovering between $0.28 and $0.34. Bearish trends dominate, and recent price drops of over 16% in a week and 23% in a month show the weakness of bulls. The closest resistance level stands at $0.37 while strong support is found at $0.25. For a potential growth scenario, breaking past $0.37 could push PYTH towards $0.43, representing a rise of about 20%. However, the current RSI and MACD indicators reflect ongoing bearish pressure, suggesting more challenges ahead before any significant rebound.
Ondo (ONDO) Struggles as Bears Dominate: What’s Next for the Crypto?
Ondo (ONDO) is battling between $0.66 and $0.81, showing a bearish trend with a recent one-week drop of almost 19% and a month-long fall of nearly 32%. The cryptocurrency is struggling to break past its immediate resistance at $0.88. Its indicators suggest more downward pressure, with an RSI of around 42 and a Stochastic reading below 20. However, ONDO still holds potential, sitting above its 100-day moving average of $0.66. If bulls regain strength, it could target the second resistance at $1.03, marking an approximate 56% rise from its lower range. Keep an eye on these levels for potential rebounds or further declines.
Cardano (ADA) Struggles to Stay Afloat
Cardano (ADA) is currently in the price range of $0.34 to $0.42. The recent downward trend shows that the bears may still have some control. ADA is below its nearest resistance level of $0.45 and above its support level of $0.30. With the RSI at nearly 47, the coin is neither oversold nor overbought. If the bulls gain strength and break through $0.45, Cardano could potentially reach the $0.52 mark, translating to roughly a 20% to 30% increase. However, if the bears push it down, it could fall to around $0.30, which would be a drop of about 15% from its current lower range.
Conclusion
With the 2024 bull run beginning, a fair price of $100 for under $1 cryptos seems achievable. The focus is on XLM, XRP, DOGE, ADA, and VET. Each has shown potential for significant growth. XLM offers faster transactions. XRP is gaining institutional backing. DOGE has strong community support. ADA is noted for its innovative blockchain. VET is trusted for supply chain solutions. Investing in these cryptos could yield substantial returns.
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Source: https://cryptodaily.co.uk/2024/08/fair-price-for-these-under-1-cryptos-is-%24-100