Price Analysis View Non-AMP

XRP, FTM, or PopCat: Which Altcoin Will Hit the $1 Mark First?

Published by
Sohrab Khawas

Amid a recovering crypto market, the risk appetite of bulls and smart money is increasing. As a result, the demand for altcoins increases and teases a high-speed trend reversal rally.

With a bullish trend in XRP and its rival under $1, the race to hit the psychological is neck to neck. As XRP races against many to achieve $1, here are the top XRP rivals to watch out for. 

Altcoins Ready To Hit $1

Ripple (XRP)

With a long-coming descending trend line in action, the XRP price fails to achieve the $1 mark in the recent bullish recovery. The recovery run takes resistance from the overhead trend line near the $0.60 mark, taking a 4.38% drop on Sunday. 

Currently, the XRP price is trading at $0.5869, challenging the 68.10% Fibonacci level near the overhead trend line following the 2.86% recovery on Monday. During the recent upsurge, the XRP price has sustained dominance above the 50-day EMA while the 50 and 200-day EMA maintain a bullish alignment. 

As the bullish recovery continues to challenge the overhead trend line, the breakout chances for the altcoin are increasing. Based on the Fibonacci levels, the $1 mark aligns with the 1.618% level as a potential target, with an upside potential of 70%.  

With new Ripple product developments and a conclusion to the legal battle, the uptrend chance is increasing for XRP. 

Popcat (POPCAT)

With a massive triangle in the 4-hour chart, the PopCat coin maintained a sideways trend for a long time. However, the recent bullish reversal in the alctoin surpasses the overhead trend line and the $0.60 mark. 

The bullish influence leads to a golden crossover in the 50 and 200 EMA and teases a potential bullish crossover. Meanwhile, the MACD and Signal line are teasing a potential crossover as the PopCat token takes a bullish reversal from the 50 EMA. 

Based on the Fibonacci retestment level, the meme coin is sustaining above the 50% line level at $0.6398 and challenges the 61.80% level at $0.72. The upside targets for the PopCat coin are $0.83 and $0.97. 

As the altcoin is trading at a higher level than XRP, this increases its chances of reaching the $1 mark faster.

Fantom (FTM)

The FTM price action reveals a massive long-coming overhead trendline breakout in the recent bull cycle. The altcoin price trades at $0.5522 with an intraday gain of 6.17%. 

Further, the recent bull cycle creates a third consecutive bullish candle, accounting for a 16.87% recovery. The recovery run surpasses the 38.20% Fibonacci level at $0.49. Further, it also reclaims the $0.50 psychological mark. Hence, the impressive achievement of the ongoing bull cycle teases a massive bull run ahead. 

Trading at a price near the XRP’s 50 cents, the upside potential for FTM is more than 100% as the 100% Fibonacci level stands at $1.14. Further, the bullish recovery increases the chances of a golden crossover with an uptick in the 50-day EMA. 

The next incoming resistance for the altcoin is at the 50% Fibonacci level at $0.5777 and the 61.80% level at $0.6787.

Curious about FTM’s long-term price targets? Read our Fantom (FTM) price prediction for a sneak peek into the future.

Sohrab Khawas

Sohrab is a passionate cryptocurrency news writer with over five years of experience covering the industry. He keeps a keen interest in blockchain technology and its potential to revolutionize finance. Whether he's trading or writing, Sohrab always keeps his finger on the pulse of the crypto world, using his expertise to deliver informative and engaging articles that educate and inspire. When he's not analyzing the markets, Sohrab indulges in his hobbies of graphic design, minimal design or listening to his favorite hip-hop tunes.

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