Ripple (XRP) has recently been affected after bears took control of the crypto, which could soon lead to further decline. Alongside it, the Solana (SOL) crypto has surged 320% and is climbing up the market cap ladder.
The Pullix (PLX) crypto is showcasing bullish signs with its blockchain ICO and has seen a major level of attention from investors and traders. Today, we will jump into the price performance of all three to determine which is the best cryptocurrency to buy.
Solana (SOL) Breaks Above $100 – Is Further Growth Possible?
Solana (SOL) is on the verge of surging, especially after its year-to-date (YTD) value climbed by 320%. The crypto saw a major upswing during the past week as well, where the Solana price moved up from $90.16 to $106.95.
Alongside this, the key resistance will struggle to stop bulls from taking over, and a renewed uptrend is also a possibility. The Solana crypto’s recent price correction ended, which can support this move in the future. According to the on-chart momentum, the Solana price prediction indicates that it can reach $162.31 by the end of 2024.
Ripple (XRP) Shows Mixed Signals – Will It Dip or Spike in 2024?
Ripple (XRP)’s price has been consolidating, and things are looking interesting for its future, where it can swing in either direction. The market for the Ripple crypto dropped under $0.6, and the 200-day moving average located nearby could decline further towards the lower boundary of the pattern.
This would bring theRipple price to the $0.4 support level. However, the RSI is showing values below 50%, pointing to the fact that the momentum is currently in favor of the sellers. If the market breaks above the higher trendline of the pattern however, it could surge upwards and do a complete reversal of its current trend. According to the Ripple price prediction, it can end 2024 at a value of $0.9699.
Pullix (PLX) to Provide Quick Processing Speeds and Solve Key Issues
Pullix (PLX) is an upcoming DeFi project that can change how users access TradFi by introducing key features that can enhance user experience and solve issues in the industry. Through the usage of this upcoming exchange, users can access the best features in both CEXs and DEXs and contribute to the ecosystem.
Pullix Swap will play a key role in this, as it will have a fee of 0.25%. This can occur with every exchange that happens on the platform. The amount that is gained will then be added to the Pullix Pool. This results in LP tokens, and once they are sold, PLX will be adequately distributed to PullixLP holders.
Transactions will occur through a dedicated off-chain order book. This can directly result in much quicker processing speeds. Pullix will also support CFDs and perpetual futures and features a dedicated vault. As a result of all of these aspects, PLX is the best cryptocurrency to buy.
Summary
Ripple is falling, and Solana could soon reach new heights. In the meantime, the Pullix presale is picking up a lot of steam. The data shows over 10 million tokens have been sold, and the presale is close to raising $4 million. So far, over 3,500 users hold the PLX crypto, and 11,000 have registered for the presale of the project, indicating that there is massive momentum. During Stage 6, each PLX token trades for just $0.08, and at this rate, analysts project an upswing of 100xfollowing its launch.
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Source: https://cryptodaily.co.uk/2024/01/pullix-plx-challenges-solana-sol-and-ripple-xrp-with-innovative-platform