XRP, ADA, HBAR, and ALGO: Price Analysis of Four ‘Best Buy’ Altcoins
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- A price analysis reviews the technical setups for HBAR, ALGO, XRP, and Cardano.
- HBAR and ALGO are showing potentially bullish chart patterns on their daily timeframes.
- Cardano (ADA) was the most favored in a recent sentiment poll but is testing key support.
In a market poll gauging trader sentiment, ADA came out on top as the most favored asset with 56.3% bullish interest, followed by XRP at 25.6%, HBAR at 12.6%, and ALGO at 5.6%.
So now this new price analysis reviews the technical setups of these four best altcoin buys – XRP, Cardano (ADA), Hedera Hashgraph (HBAR), and Algorand (ALGO), to identify which presents the best buying opportunities based on their current market structures.
XRP: Bearish Pressure Despite High Volume
XRP traded at $2.12, down by 1.26%, with a market capitalization of $125.03 billion at the time of writing. The 24-hour volume rose 50.84% to $2.53 billion, with its circulating supply standing at 58.93 billion out of 100 billion total tokens.
XRP’s price surged past $2.18 early on before …
The post XRP, ADA, HBAR, and ALGO: Price Analysis of Four ‘Best Buy’ Altcoins appeared first on Coin Edition.
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