{"id":122602,"date":"2023-07-14T20:04:32","date_gmt":"2023-07-14T20:04:32","guid":{"rendered":"https:\/\/dripp.zone\/news\/missed-the-xrp-rally-catch-the-next-bullish-swing-in-these-altcoins-crypto-news\/"},"modified":"2023-07-14T20:04:34","modified_gmt":"2023-07-14T20:04:34","slug":"missed-the-xrp-rally-catch-the-next-bullish-swing-in-these-altcoins-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/missed-the-xrp-rally-catch-the-next-bullish-swing-in-these-altcoins-crypto-news\/","title":{"rendered":"Missed the XRP Rally? Catch the Next Bullish Swing in these Altcoins\n – Crypto News"},"content":{"rendered":"

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Published 21 minutes ago <\/p>\n

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On July 14th, the crypto market witnessed a sudden surge in buying pressure which is linked to Ripple’s partial victory<\/a> against the Securities and Exchange Commission (SEC) as the federal judge ruled that XRP is not a security in programmatic sales on digital asset exchanges. While the XRP price registered 73% growth several major cryptocurrencies felt the Ripple effect hopped on recovery tracks. Here’s how this positive sentiment could offer recovery opportunities in other altcoins.<\/span><\/p>\n

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Also Read: Will the Uptrend Continue for XRP Price? Coinbase, Kraken And Other Exchanges Relist XRP Token<\/a><\/p>\n

Cardano(ADA) Price Analysis: Bullish Pattern in Progress<\/b><\/h2>\n

\"Cardano(ADA)

Amid the recent upsurge in the crypto market, the Cardano price continues with the development of a bullish reversal pattern known as the double bottom pattern<\/a>, This chart pattern is typically observed at market bottoms and signifies active accumulation to lead to a strong recovery rally. <\/span><\/p>\n

By press time, the ADA price<\/a> trades at $0.32, and under the influence of this pattern, the prices strive to overcome the $0.462 neckline resistance in order to fully validate and complete this pattern.<\/span><\/p>\n

Solana (SOL) Price Analysis: Bullish Reversal Triggers Bullish Rally<\/b><\/h2>\n

\"Solana

The Solana price experienced a notable breakthrough on July 7th as it surpassed the resistance trendline of the symmetrical triangle pattern<\/a>, This breakout serves as a pivotal indicator of a shift in market dynamics and implies the potential for a robust rally in the near future.<\/span><\/p>\n

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The sol price<\/a> is currently trading at $25.8 and struggling to overcome the $26.7 barrier as the market witnessed a post-rally correction. If the coin price shows sustainability above the nearest support of $22.6, the buyers could continue to bullish rally.<\/span><\/p>\n<\/blockquote>\n

With sustained buying, the Solana price could rise to $38.76, followed by $50.5.<\/span><\/p>\n

Polygon(MATIC) Price Analysis: Breakout Opportunity Shine<\/b><\/h2>\n

\"Polygon(MATIC)

On July 10th, the matic price<\/a> offered a decisive breakout from the long-coming resistance trendline. Aligned with the market recovery, this altcoin received significant follow-up, reflecting the buyer’s conviction to reach a higher price. <\/span><\/p>\n

In theory, each swing that tested the downsloping trendline acted as a significant target. Currently, the polygon coin trades at $0.79, with an intraday loss of 6.3%.<\/span><\/p>\n

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If the buyers managed to hold above the $0.71 mark, the coin price could set an upward march to $0.947, followed by $1.19. <\/span><\/p>\n<\/p><\/div>\n

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From the past 5 years I am working in Journalism. I follow the Blockchain & Cryptocurrency from last 3 years. I have written on a variety of different topics including fashion, beauty, entertainment, and finance. Reach out to me at brian(at)coingape.com <\/p>\n<\/p><\/div>\n

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