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Price Analysis and Prediction of BTC, ETH, BNB, SOL, XRP, and ADA

Cryptocurrencies seem to be regaining momentum as significant spikes have been observed in the price of the leading assets i.e., BTC, ETH, BNB, SOL, XRP, and ADA.

ShahZaib Ahmed

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The last quarter of 2023 has been kind to the crypto market as most cryptocurrencies have surged in the last couple of months. Since 2021, crypto has been in the bear market. Still, digital assets seem to be regaining momentum and significant spikes have been observed in the price of cryptocurrencies including the leading assets i.e., BTC, ETH, BNB, SOL, XRP, and ADA.

This article gives a detailed analysis of the top 6 cryptocurrencies of the crypto market based on the weekly and monthly price history. Four of the above-mentioned digital assets have shown significant growth while XRP and ADA have been the victim of rumours and have shown fluctuations.

Price Analysis of Bitcoin (BTC)

Amid the crypto ups and downs, Bitcoin (BTC) has maintained its position as the crypto giant. BTC broke many resistance levels and reached up to $44,543.63 on the 9th of December 2023 and is currently fluctuating at $43,603.58 with a 16.94% monthly spike in its price value.

BTC Graph

Although BTC has declined by 1.14% today, but seems bullish if we look at its weekly and monthly performance. It has outperformed the expectation of the crypto investors and now market bulls are eyeing BTC to break through $85k for the 1st Quarter of 2024 crossing its previous ATH price value.

Price Analysis of Ethereum (ETH)

Ethereum (ETH) is following in the footsteps of BTC and setting records in the crypto space. The red zone of ETH is over and ETH is showing a prominent surge in monthly, weekly, daily and on an hourly basis.

Ethereum Graph

Ethereum (ETH) left the figure of $2k and since then revolving around $2200 and currently trading $2,290.30. ETH has shown a price growth of 11.17% in the last 30 days and touched the lowest price of $1,995.22 on the 28th of November and $2,384.18 on the 9th of December 2023. ETH seems to all set to move further upward instead of going down.

Also Read: Law Enforcement Urgently Seeks Enhanced Crypto Training, Survey Reveals

Price Analysis of BNB

BNB is going down today and trading at $267.68 with a market cap of $40,606,542,296. But on the other side of the coin, BNB has struggled and emerged and ranked itself on the 4th number by making significant progress by 14.45% in the last 30 days and 8.75% during the last week. Based on the Greed and Fear Index and other tools BNB is all set to cross $300 by the end of 2023.

BNB Graph

Price Analysis of Solana (SOL)

Solana (SOL) has emerged as a valuable altcoin to yield profits for 2024. SOL left the support level of $54.07 on the 28th of November 2023 and seems bullish since then. The monthly graph of Solana shows a steady upward movement and currently SOL is trading at $96.28 with 66.26% significant growth in the last 30 days. Now SOL is aimed to hit $100 and go beyond by the end of 2023.

SOL Graph

Price Analysis of Ripple (XRP)

Amid the ongoing war between XRP and SEC, Ripple (XRP) has been showing very volatile movement. XRP has rolled out only 1.46% growth in the last month and even fell if we look at weekly and daily basis. Currently, XRP is trading at $0.6164.

XRP Graph

 During the last 30 days, XRP touched $0.6276 as its highest value and $0.6131 as its lowest value. Now, the price value of XRP depends on the pending case and market analysts predict that XRP will rise again.

Price Analysis of Cardano (ADA)

Cardano (ADA) is somewhere that stands equal to XRP as both coins are the victim of the rumours circulating in the crypto market.  Currently, ADA is trading at $0.607 with a fall of 1.83% today and 0.40% during last week’s decline in its price.

ADA Graph

Many crypto investors and traders are keenly speculating on Cardano (ADA) to conclude that if ADA is the right choice, for now, to invest in or not. Just like XRP, ADA has the potential to rise again.

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