Will XRP Price hit $2 First or ADA Price Will Achieve the Milestone?


    XRP and ADA both showcased a strong tendency to smash $2 very soon

    Cardano price has spiked 20x from the bottom whereas XRP price has done 80x

    Despite the accelerated rally, Cardano has a long way to go to surpass XRP in terms of market cap


Will Smart Contracts Propel ADA Price?

XRP price and Cardano price spiked with a huge margin and smashed their respective ATH at $1.97 and $1.56. However, both the assets experienced a slight pullback draining out more than 14% from the yearly highs. 

XRP/BTC pair at the press time is on the verge to test a crucial level. Once the price breaks these levels then the XRP/USD pair is likely to smash new ATH very soon. The price showcasing a hyperbolic move appreciating from $0.63 to very close to $2, met a blockade in recent times. And resulted in a drastic 20% drop in the price. 

On the other hand, cardano price experienced an exhaustion of bid orders and hit the base of an ascending triangle at $1.34. Therefore, shattering the upper resistance level at $1.48 may lead to formation of a new ATH very soon. Yet the Cardano ecosystem is all set to roll out smart contracts which may accelerate the bull run to new highs. 

However, the Ripple-SEC lawsuit that fueled the XRP price is expected to hit the milestone at $2 soon. And ADA price is all set to propel and heading strongly towards the target at $2 very soon.

DOGE Price Strongly Heads Towards $1

The Dogecoin price rallied nearly 100% to surpass the milestone at $0.1. Began as a meme coin, DOGE price appears poised to record new highs in the coming days. Despite a slight pull back, the price failed to breakdown below $0.13, indicating the resumption of an uptrend. However, according to an analyst, the price could rally as high as $0.2 soon!

Considering the previous bull run of DOGE, the price follows a gigantic price movement towards the north. No doubt the rally includes a slight correction, yet the lower support levels are always maintained and not broken down. 

Collectively, the Cardano price and XRP price are poised to hit $2 soon, but who will be the winner of the race is the interesting part of the rally. However, ADA prices may get a bigger push with the launch of smart contracts. And XRP may witness an accelerated rally as the Ripple-SEC case gets settled. 

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Disclaimer : The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of Coinpedia. Every investment and trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

Sahana Vibhute

A passionate cryptocurrency and blockchain author qualified to cover every event in the crypto space. Researching minute occurrences and bringing new insights lie within the prime focus of my task.

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