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XRP vs Ethereum Price Prediction: Which Crypto Will Outperform in the Upcoming Bull Market?

by Market News Board
2 months ago
in Crypto, Cryptocurrency News, Ethereum
XRP vs Ethereum Price Prediction: Which Crypto Will Outperform in the Upcoming Bull Market?
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XRP and Ethereum price predictions have been dominating market discussions as both tokens are aiming for significant moves for the upcoming bull cycle. XRP still has support at prices in the region of $2.20 following its recent consolidation and Ethereum has massive ETF inflows and technical patterns that are indicating higher levels.

These two coins are favoured by experts, anticipating a bull run to come. Assuming everything goes to its right position, they can give fantastic returns.

In the meantime, there is a new DeFi project that solves everyday payment issues and it alone has sold more than 529 million tokens and has a DeFi coin value of now $0.0757. It is one of the best cryptocurrencies to invest in.

XRP: Latest Update and XRP Price Prediction

XRP has managed to have some positive news hit the headlines of late. Most notably, on April 21, reports came out that Coinbase listed XRP token futures contracts on its US derivatives platform.

XRP is now trading at around $2.20 following last week’s defense of crucial support. Experts point to an inverse head and shoulder formation that can trigger a 22% breakout to $2.70.

A fresh forecast predicts XRP to grow 13.64% to reach the value of $2.55 by May 1. More optimistic voices predict that XRP can creep to $10 if adoption improves and regulatory clarity is achieved.

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Recent news shows that CME plans for trading futures for XRP which supports a bullish outlook for the XRP price. This will substantially affect the XRP price.

AD_4nXfB0vz12s6NpH4EPjQIDnY83fV-3gtvA5m3DlbczUl2T8I7udGVkrqu.png

Ethereum Price Prediction and Technical Analysis

Ethereum Price Prediction picks up steam following the first weekly inflows of 157.1 million for the ETFs. ETH now trades at approximately $1,796.90 following a retest at the resistance zone around the 50-day simple moving average.

It is also reported that between April 20 and April 22, active Ethereum addresses increased by nearly 10%, from about 306,000 to upwards of 336,000. It is just another indicator that Ethereum continues to rise and still holds potential to grow.

Experts like Ali Charts have commented on Ethereum, saying it could kick off a new bull rally once it breaks through the supply wall at $2,330. Technical Ethereum price prediction anticipates a 4.55% rise to reach $1,872.78 on May 26. Longer-term projections indicate ETH to reach $2,000 in April and oscillate between $2,500 and $2,700 in May.

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A few even foresee staking clarity and adoption of ETFs pushing it to a new all-time high of above $5,000 within the next year. This broad support indicates a strong Ethereum Price Prediction for the next bull cycle.

Remittix Bridges Crypto and Traditional Finance

Remittix is fast becoming a major player in the DeFi world. It stands out for its focus on solving real-world problems. With this in play, many are optimistic about the potential it holds and how much they can capitalize on the opportunity. 

With Remittix, users remain entirely in control of their crypto private key and anonymity is retained when transferring their funds to local payout agents or bank accounts directly. This makes it possible, for instance, for a Kenyan freelancer to receive crypto to a wallet and convert it to  local currency from an agent around the corner to pay this week’s bills. 

The platform also boasts of a highly intuitive design to permit ease of use. These features and unique fundamentals position it ahead of competitors. It is widely regarded among the best cryptos to invest in for those who desire growth and utility in the real world. 

Discover the future of PayFi with Remittix by checking out their presale here:

Website: https://remittix.io/ 

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