Author
Simon Chandler
Author
Simon Chandler
Share
Tariff tensions between the USA and China have dragged the market down today, impacting the crypto price prediction for XRP, Ethereum and BNB Coin.
All three coins have registered significant losses in the past 24 hours, yet their fundamental positions remain as positive as ever, with the arrival of altcoin ETFs later this year likely to ignite big rallies.
Now may also be a great time to buy newer coins, with one presale token in particular showing strong potential for growth once it launches.
Crypto Price Prediction: XRP ($XRP) – ETFs and Ripple Growth to Help Alt Bounce from Massively Oversold Position
The past few weeks have been very unkind to XRP, which has dropped from $3.09 at the start of October to $2.47 today.
It’s down by 6% in 24 hours, 17% in a week and by 20% in a month, although it retains a very decent 360% increase in a year.
There’s no denying that XRP has taken a battering recently, but this arguably sets it up for an even bigger surge in the not-too distant future.
It’s currently waiting on more ETF launches than any other altcoin, with the launch of such funds (possibly very soon) set to boost its price massively.
Its chart today shows that it’s very close to hitting rock bottom, from which it can only bounce.
Its main indicators – the RSI (yellow) and MACD (orange, blue) – are in heavily oversold positions, while its price is trading within a bullish pennant.
This provides the foundation for a big rally in the coming weeks, while Ripple’s ongoing growth as a business puts XRP in a prime position to grow over the longer term.
It could return to $3 in early November, before ending the year above $5.
Crypto Price Prediction: Ethereum ($ETH) – L1 Dominance Means ETH Will Lead Any Market-Wide Bull Rally
ETH has dropped by 4% in the past 24 hours, with its current price of $3,999 marking a 14% decline in a week and a month.
Ethereum does remain up by 58% in a year, which isn’t as impressive as XRP’s annual gain, but it does potentially mean that ETH will rally harder and compensate once an end-of-year rally gets into gear.
The coin also boasts arguably the best fundamentals in crypto (save for BTC and maybe a handful of alts), meaning that it’s a prime position to ride any market-wide rally.
And if we look at its chart, it too is in an oversold position from which it should recover very soon.
At the same time, the past few days have seen whales accumulating ETH, likely in the expectation of future gains.
Given that Ethereum is still the biggest layer-one network by a wide margin, we can expect it to be one of the chief beneficiaries of any general growth in the crypto industry, including the growth of tokenisation and real-world assets (for example).
We could therefore see the ETH price reach $4,500 by the end of the month, while it could enter 2026 at around $7,000.
Crypto Price Prediction: BNB Coin ($BNB) – Binance Dominance and CZ Pardon Could Send Alt to New All-Time Highs
BNB is a similar coin to ETH, in the sense that its status as Binance’s utility token means it will lead any end-of-year bull rally.
Binance is the biggest crypto-exchange in the world, and is likely to remain the biggest for the foreseeable future.
As such, its utility token, BNB, will grow in parallel with the growth of the wider market.
Its price currently stands at $1,200, which may represent an 11% loss in 24 hours, but which is also a 28% increase in a month.
BNB has been growing steadily over the past few weeks, and its chart today suggests that it could be in for another spike soon.
Its recent momentum has been so strong that its RSI (yellow) has rebounded to 70 and above after falling only as low as 60 or 50.
And given that it’s close to touching 50 today, we could see it and BNB’s price rallying again in the very near future.
Boosting its fundamental position is also the fact that the Trump administration may soon grant a pardon to Binance founder Changpeng Zhao, who pleased guilty to anti-money laundering failures in November 2023.
This would boost Binance’s business position, while by extension it would boost BNB.
The altcoin is therefore on track to climb over $2,000 by the end of November, and will end the year even higher.
Mine-to-Earn Token PEPENODE Attracts $1.8 Million in Popular Presale
Traders preparing for an end-of-year rally may also want to consider diversifying into newer tokens, since the best new tokens can outperform the market.
Some of the most promising new tokens on the market right now are currently holding their presales, which can often be a launchpad for rallies once they list.
Possibly the most intriguing presale coins at the moment is PEPENODE ($PEPENODE), an Ethereum-based mine-to-earn token that has now raised over $1.8 million in its ICO.
PEPENODE has attracted lots of investment because of its unique value proposition. As a mine-to-earn token, it will enable its holders to build their own virtual mining rigs, which can earn them substantial rewards.
By using PEPENODE to buy more nodes, holders can earn greater rewards, which the protocol will pay out in established meme coins, such as Pepe and Fartcoin. On top of this, investors can also stake PEPENODE for a staking income, with the coin currently paying a yield in excess of 700%.
Investors can buy the coin early by going to the official PEPENODE website and connecting a compatible wallet, such as Best Wallet.
Visit the Official Pepenode Website Here
PEPENODE currently costs $0.0011005, but this price will continue to rise until the sale ends.
Credit: Source link
