The market has risen to a total cap of $4.1 trillion today, boosting the crypto price prediction for XRP, Cardano and Ethereum.
These three altcoins have all posted gains in the past 24 hours, helping each to break firmly out of oversold positions.
All three are gaining momentum as we head towards Q4, and their rallies today prepare them nicely for next week’s FOMC meeting, which could see the Fed cut rates for the first time since December.
And with the SEC likely to pass judgment on numerous altcoin ETF applications in Q4, the final months of the year could be very bullish for the crypto market.
Crypto Price Prediction: XRP ($XRP) – New Ripple Partnerships and Incoming ETFs Could Send Altcoin Surging to New ATHs
As well as rising by 1.5% today, the XRP price – at $3.05 – is up by 7.5% in a week and by 7% in a fortnight, although it does remain down by 5.5% in a month.
This is arguably an ideal setup, since it means that XRP is gaining momentum but still has recent losses to make up for.
This indicates growing buying pressure, while also making it clear that the coin is still some way for entering an overbought position.
Now is therefore a good time to buy XRP, which could also benefit strongly from the approval of numerous XRP ETFs in the next one or two months.
And when you add Ripple’s new partnerships and ongoing growth as a company, we could see the XRP price reach $3.50 by the end of month, before closing 2025 at around $5.
Crypto Price Prediction: Cardano ($ADA) – 11th-Biggest Alt Could Be Dark Horse of End-of-Year Bull Rally
ADA has risen to $0.8947 today, marking a 1.5% gain in 24 hours and an 8% increase in the last seven days.
Cardano is also up by 9% in fortnight and 4% in a month, highlighting how the 11th-biggest coin in the market has fared better than many other major tokens in recent weeks.
And what’s particularly encouraging about ADA is that it remains 71% down on its ATH of $3.09, which it set way back in September 2021.
This would imply that it has lots of catching up to do and is way overdue a big rally, which may begin as and when the FOMC cuts rates next week.
As with many other alts, its chart today suggests that it has broken out of recent negativity but still has plenty of room to rise further.
