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Reading: What about XRP Coin? ADA and Solana (SOL) Price Targets December 2024
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EdaFace Newsfeed > Latest News > Technical Analysis > What about XRP Coin? ADA and Solana (SOL) Price Targets December 2024
Technical Analysis

What about XRP Coin? ADA and Solana (SOL) Price Targets December 2024

vitalclick
Last updated: December 17, 2024 6:06 pm
3 months ago
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Bitcoin $107,285.9 price It fell to $106,800 and the daily peak was set at $108,353. But the rise for cryptocurrencies is just beginning. Many altcoins have not reached real peaks, and the ongoing consolidation process of the BTC price at six-digit levels is opening the door to new peaks in altcoins. So, how many dollars are XRP Coin, ADA and Solana (SOL) targeting?

What about XRP Coin?Solana and ADA Coin

What about XRP Coin?

Ripple $2.6 The next year will be exciting for the SEC because the new SEC administration is expected to take constructive steps in crypto cases. The request of major US-based cryptocurrency companies to the institution is not to pursue crypto cases that are “not related to fraud”. It was said that Ripple’s appeal process would end at the end of 2025, but the SEC may end it immediately.

The goal of eliminating legal uncertainty in cryptocurrencies also means ending “securities/investment contract” lawsuits. Trump is very determined on this issue.

With RLUSD, Ripple is entering the growth phase, and if the new stablecoin sees as much demand as expected before the end of this month, this could bring huge gains.

XRP Coin price At the time of writing, it is stalled at $2.61. After the recent decline to $1.91, the $2.3 level is holding as support. The $2.73 resistance level was retested and there were no closes above it today either. However, with this threshold crossed, XRP Coin may see new highs above $3.

Solana and ADA Coin

The PENGU launch attracted great interest and the excitement in the Solana ecosystem is still alive. Even though SOL Coin was priced at $226, we saw rapid gains after such boring consolidation periods. With the re-exceeding of $235 SOL Coin The price is expected to seek new highs between $247 and $264.

When the support at $ 217 is lost, the SOL Coin price may drop a needle in overselling between 200 and 166 dollars, albeit for a short time.

In the last 41 days ADA Coin price It is up nearly 250% and is now 239% above the 41-day bottom. Despite the delayed rise, it maintains its support of $ 1.04. The next targets are $1.13 and $1.24, followed by $1.326 resistance.

Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.

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