Cardano

Polygon

strong bull

Time

<p>The post <a href="https://coinpedia.org/price-analysis/these-altcoins-are-poised-to-reach-1-before-the-end-of-2024-is-it-a-good-time-to-buy/">These Altcoins Are Poised to Reach $1 Before the End of 2024; Is It a Good Time to Buy?</a> appeared first on <a href="https://coinpedia.org">Coinpedia Fintech News</a></p> 
<p>The crypto markets are entering the initial phase of a fine bull run as the star crypto, Bitcoin, has smashed above $41,000 during the past weekend. While market sentiments have flipped in bullish favour, the altcoins are also gearing up to set a substantial rise towards their targets. Here are the top altcoins that are believed to reach $1 in the coming weeks and set up the base for a strong bull run.&nbsp;</p> 
<h2 class="wp-block-heading" id="h-polygon-matic">Polygon (MATIC)&nbsp;</h2> 
<figure class="wp-block-image">
 <img decoding="async" src="https://lh7-us.googleusercontent.com/DpdGZVrx7QFN8eSfBmed4HuLgETo9Sr35THrtdBgjGl3zNr0ZA2vJtJ_3g1sDPgf6J3GbcUfDIMDD9eX6zOmRwXzGX05dgx0r-piKmnD2xwyP_XAtfzuNSbXwyXlao2-yDbZnVXdYb5cJJLdkccP1eM" alt="">
</figure> 
<ul> 
 <li>The <a href="https://coinpedia.org/price-prediction/matic-network-matic-price-prediction/" target="_blank" rel="noreferrer noopener">MATIC price</a> has regained bullish momentum as the token recently underwent a ‘Golden cross’ which pulled the price above the bearish well</li> 
</ul> 
<ul> 
 <li>After setting up consecutive bullish daily closes, the token witnessed some bearish actions during the weekend, but the bullish start for the week retained the expectations of a strong ascending trend</li> 
</ul> 
<ul> 
 <li>The DMI has just turned bullish as the ADX has displayed a bullish divergence with a bullish crossover between the +Di &amp; -Di levels</li> 
</ul> 
<ul> 
 <li>The price has rebounded from the interim lows and is now believed to surpass the diagonal resistance and reach $1 before the end of 2024</li> 
</ul> 
<h3 class="wp-block-heading" id="h-tezos-xtz">Tezos (XTZ)&nbsp;</h3> 
<figure class="wp-block-image">
 <img decoding="async" src="https://lh7-us.googleusercontent.com/pos03NMhFZcVKdUDgpH3PhCVTvJ-7T4eb8b__7doa-nl6h-EHu4j0bvqFmJ_jqrX5Rb4OmMA6ah5Aaficnse_K8cURhNswL8NqSWuu1OQvcR1odnbp0TUI4ws7OA17UQs1fDMKAl6Gj_BT2AIMRaf00" alt="">
</figure> 
<ul> 
 <li>The <a href="https://coinpedia.org/price-prediction/tezos-xtz-price-prediction/" target="_blank" rel="noreferrer noopener">XTZ price</a> has been constantly testing the diagonal resistance for the past few days, but the bulls appear to have fallen short of strength&nbsp;</li> 
</ul> 
<ul> 
 <li>Even though the price has been varying to a large extent, the RSI has been trading along the lower trend line, suggesting the token is maintaining a fine rise in the coming days</li> 
</ul> 
<ul> 
 <li>Therefore, the price is believed to pierce through the immediate resistance zone between $0.872 and $0.883 and consolidate for a while</li> 
</ul> 
<ul> 
 <li>Further, a significant upswing could trigger a notable rise beyond $1, while the time frame does not appear to be restrictive for the end of 2024.</li> 
</ul> 
<h3 class="wp-block-heading" id="h-what-s-next-for-cardano-amp-xrp">What’s Next for Cardano &amp; XRP?</h3> 
<p>Cardano and XRP have been consolidating within a narrow range below $1 for quite a while. The 2022 bear market has adversely affected their value to a large extent, preventing the price from rising above the crucial resistance. The ADA price is currently trading at $0.4074, while the XRP price is around $0.6327. Both tokens have been displaying the potential to maintain a fine upswing but may consume more time than expected to reach the milestone at $1.&nbsp;</p>

These Altcoins Are Poised to Reach $1 Before the End of 2024; Is It a Good Time to Buy?

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