AltcoinsPrice Analysis

Popular Altcoins Like Ethereum, XRP, Solana Could Jump Nearly 120% In This Bull Run?

Written by: Sahana Vibhute

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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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Aug 16, 2021

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Article Highlights
  • The popular altcoins build bullish momentum to surge high intending to achieve higher levels

  • Along with Ethereum, XRP, Solana, BNB, DOGE, etc could also surge high to hit their respective target soon

Bitcoin price yet again trends around $47,000 from a couple of days and yet another daily close within this range could point out towards healthy consolidation. As the primitive token jumped high and consolidated, it paves way for the other altcoins to boom. Ethereum comfortably resides above $3200 and XRP price ranges above $1.

The most popular altcoin Dogecoin price that marched high beyond many predictions at the beginning of 2021, halted mid-way. The serious, constant drain and narrow trend remained a huge matter of concern for the DOGE community. The price was trading below $0.3 for nearly a month, it went parabolic to break the upper barriers. Yet a large leap above $0.34 bought back the hopes of hitting $1 alive. 

Among all the cryptocurrencies, XRP is the only asset that failed to form a new ATH amid the bull run. Further, it successfully traded close to $2 but remained distinct from its ATH at $3.84. However, the asset could surge beyond its highs to range somewhere around $5 as the current altcoin uptrend ranges into a bull run. 

Solana, very popularly known as a tough competitor for Ethereum blockchain, also smashed new ATH in the early trading hours. And also appears to be in a position to propel towards the next set target, being a 3-digit figure. As the rally mirrors that of the BNB, SOL may rally in a similar way as BNB. Additionally, BNB price could trade in 4-digits during this bull run.

While BTC price is expected to smash its ATH in its next phase, yet the price could climb close to $100K as predicted by many. However, the price target for ETH price remains at $10K and XRP price could surge to $5 while Doge to $1. Binance coin price could attain above $1000 while Solana price could range in three digits. 

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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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