Cryptocurrency markets are soaring after Trump’s victory. Trump’s election win was a pretty good bullish trigger, as polls showed Harris ahead. Experts said that in the light of historical data, they expect the usual trend to continue in this cycle. This shows that cryptocurrencies such as ADA, XRP and DOGE can still be cheap.
Ripple (XRP)
At the time of writing XRP Coin price It lingers at $0.53. Although it continues the day with a 4 percent gain, it may experience an impressive movement next year after Trump dismisses the SEC Chairman. Perhaps the incoming president will not insist on the appeal process and we will see the end of the years-long struggle with the institution taking a more moderate approach towards crypto.
With $0.55 turning into support again, $0.58 can be exceeded. After that, $0.63 will be targeted.
Cardano (ADA)
Even though it experienced a double-digit increase in two days ADA Coin price It still lingers below $0.4. If we start to see closings above $ 0.364, attempts up to $ 0.448 resistance may be seen here. Cardano $0.359029 Although investors are reacting because it has not shown the expected development as a network, it is still among the largest altcoins by market value.
Dogecoin (DOGE)
The price maintaining $0.153 is preparing for the elections and Dogecoin $0.199245 It was among the most profitable altcoins today. Elon Musk and Trump hand in hand. Trump is crypto friendly and Elon Musk with his proposal called DOGE meme coin He winks at his king. When all these are combined, the DOGE rise becomes extremely meaningful.
The biggest meme coin, which rose 45 percent in just two days, is now stalling below the resistance at $0.202. In closings above this barrier, $0.23 can be targeted again. Then, targets above $0.28 and $0.3 will come to the agenda.
It would not be excessive optimism to think that Dogecoin, which is approaching its target of $ 1 even in 2021, can reach its target in this unique bull period.
BTC price At the time of writing, it was at $74,500. Major cryptocurrencies such as SOL Coin and ETH also continue the day with gains of over 5 percent.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.