Popular Crypto Assets Price Prediction: A New Round of Potential Breakthroughs for XRP, ADA, and SHIB May Be Coming Soon.

Bitcoin has been on a continuous pullback since its historical high of $123,000, but as the price still hovers at a high level, market enthusiasm remains strong, indicating that another potential breakthrough may be on the horizon. Analysts say that in the coming months, Ripple (XRP), Cardano (ADA), and Shiba Inu (SHIB) will show a bullish trend.

The performance of Bitcoin over the past few months has also driven the rise of several mainstream altcoins and popular meme coins. Over the past year, the prices of assets such as XRP, ADA, and SHIB have reached unprecedented levels, reinforcing expectations that the market is about to experience a broader rebound. As investors' expectations for a sustained bullish market continue to grow, attention is increasingly shifting towards those assets that are expected to surpass previous peaks.

Ripple (XRP): The leading global payment cryptocurrency sets a new price high

XRP of Ripple reached a new high of $3.65 on July 18, surpassing the 2018 peak of $3.40.

Despite the current trading price of XRP being around $3.14, down 13.7% from its historical high, XRP has still risen 43% over the past 30 days. Currently, the coin appears to be entering a consolidation range, but sustained enthusiasm from investors suggests it may rise again.

XRP has attracted support from numerous institutions due to its fast transaction finality, extremely low fees, and efficient cross-border functionality without the need for intermediaries. Even international organizations like the United Nations have shown interest in it.

After years of legal disputes, Ripple finally achieved a landmark judicial ruling in 2023: a U.S. court ruled that the retail sale of XRP does not constitute a securities sale. By 2025, with the U.S. Securities and Exchange Commission (SEC) closing the case, the clarity of the law will help enhance investor confidence in this asset.

This clearer regulatory environment has triggered strong capital inflows into XRP, driving its value up by more than 417% annually, far surpassing Bitcoin's 71% increase during the same period.

The Relative Strength Index (RSI) of XRP has dropped from 86 at the beginning of last week to the current 58, reflecting an increase in selling momentum. Following a recent strong rally, investors appear to be locking in profits, which could lead to continued selling through the weekend, creating a potential accumulation zone.

In the past 24 hours, XRP has dropped by 3.1%, while the overall market has decreased by 5.2%. It may continue to decline until the RSI approaches neutral 50. However, the downside risk seems limited, as strong psychological support has emerged near the previous resistance level of $3.

The bullish flag pattern formed from the end of 2024 to early April suggests another bounce may occur, potentially pushing XRP up to $4 this fall.

(Source: Trading View)

Cardano (ADA): Can the Ethereum competitor reach new highs in 2025?

The market's interest in ADA is growing stronger, having risen 41% in the past two weeks. This upward momentum is attributed to positive technical indicators and ongoing attention from institutional investors. In addition to XRP and SOL, ADA has even been mentioned by U.S. President Trump as a potential asset to be included in the U.S. Bitcoin reserves.

Cardano was launched in 2014 by Ethereum co-founder Charles Hoskinson and is known for its rigorous academic development framework and its focus on ecological proof of stake (PoS) consensus mechanism—this innovation has influenced Ethereum's own evolution away from energy-intensive mining.

The current valuation of ADA is over 28.7 billion USD, and its value needs to grow threefold to surpass Solana and become the largest competitor to Ethereum.

In the past two weeks, ADA has pumped 9%, outperforming Bitcoin, which failed to gain any momentum during this period.

Technical forecasts indicate that by mid-year, the price of ADA may rise from the current $0.795 to around $1.50. The most optimistic prediction is that ADA will rebound to its historical high of $3.09 starting from September 2021, which would be an increase of nearly 300% from current levels.

Recent chart patterns show bullish signals, suggesting there is still room for further price increases in the future. However, the RSI of ADA has retreated from a peak of 85 to 56, indicating that many investors have been cashing out from the recent rally and they may soon start to accumulate again.

The current resistance level is around 1.15 dollars, and the expected strong support level is in the range of 0.85 to 0.90 dollars.

(Source: Trading View)

Shiba Inu (SHIB): A popular alternative to Dogecoin expected to pump 3 times

Shiba Inu was launched in August 2020 and has now developed into the second largest meme coin after Dogecoin, with a market value close to 8 billion dollars.

SHIB has only dropped 6% in the past 24 hours, consistent with the overall market cap decline of meme coins by 6%, currently valued at 78.3 billion dollars, with the current trading price around 0.00001337 dollars.

The token appears to be poised for a significant rise once again. Analyzing the support and resistance levels of this token over the past year, we have identified two highly bullish patterns - one being a descending wedge from November to March, and the other being a bullish flag that has formed since mid-May - indicating its potential for continued upward movement.

If SHIB breaks through the key resistance level near 0.000022 USD under positive market sentiment, analysts believe that SHIB may rise to 0.00003 USD before the end of summer. In the event of a full-blown bull market, it is predicted that SHIB may reach between 0.00006 USD and 0.00009 USD by the end of the year.

Unlike many meme coins, SHIB offers utility through Shibarium (its Layer 2 Ethereum solution), enhancing scalability, transaction speed, and cost efficiency.

(Source: Trading View)

XRP-1.66%
ADA-3.52%
SHIB-3.69%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)