Top Potential Assets Under $1 According to Finbold Experts
Date: 2023-11-20 Author: Dima Zakharov Categories: BUSINESS
Cardano's Bullish Stance
Among the named assets, Cardano (ADA) stands out, having surged by over 50% since the beginning of the year. Its significant growth was particularly evident in the previous October. Analysts suggest that ADA still retains its bullish potential, making it a prospective choice for mid-term investments. Presently, ADA trades close to the $0.37 mark.
Insights on Ripple
Finbold analysts also delved into Ripple, observing a divergence between price dynamics and trading volumes on a 4-hour interval. While recent days saw a minor correction in its quotes, the overall trend remains bullish, indicating potential for long positions. Currently, Ripple hovers around $0.62.
The Momentum of Polygon
The experts highlighted Polygon's consistent transactional growth within its network. Their opinion suggests that this trend could contribute to a sudden bullish surge in the near future. At present, this digital asset trades near $0.85.
Avalanche's Remarkable Performance
Notably, Avalanche (AVAX) has emerged as one of the top-performing coins in recent times. Currently ranked 11th in the capitalization rankings with a value of $7.9 billion, AVAX experienced a 2.7% dip in its quotes in the last day. However, over the week, it soared by approximately 65%. Remarkably, within a month, the cryptocurrency witnessed an impressive 140% increase in value.
