.png){kind=logo}
Crypto analyst EGRAG CRYPTO projected an 800% surge in the value of Ripple (XRP), where it can reach $5.50 within a 14-day timeframe. Hedera (HBAR) also saw a notable upswing in value, which resulted in significant gains for traders, but it is projected to climb even further.
Meme Moguls (MGLS) has also gained attention with the momentum of its crypto ICO, and today, we will go over each crypto to see how far they can rise and to see which is the best cryptos to invest in.
Hedera (HBAR) showcased on-chart data that indicates its movements are in favor of the bulls and suggests that a rally could continue for a few more months. Hedera formed a double bottom pattern. As a result, buyers succeeded in breaking out of the neckline hurdle.
The recent breakout of the Hedera price is supported by high trading volume, which can lead to an increase in the possibility of sustaining higher levels. The 50-day EMA intersected with the 200-day EMA and showcased a golden crossover. HBAR is up 32% in the past month, and according to the Hedera price prediction it can surge to $0.1493 in 2024.
Ripple (XRP) recently got in the spotlight after in July, Ripple partially won a significant legal battle against the US Securities and Exchange Commission (SEC), leading to a price increase. Fueled by this, the crypto analyst EGRAG CRYPTO made a bullish projection, where the analyst noted that an 800% price increase is possible.
This would result in a Ripple price prediction of $5.50. The analyst noted how Ripple's 21 EMA finally crossed the 55 MA in the 14-day timeframe. Based on the on-chart data, XRP traded between $0.586728 and $0.640027 during the past week and has grown 80% in the past year. While hype is high surrounding Ripple, it's not the only crypto to gain attention.
Meme Moguls (MGLS) will be the first community-backed exchange where users can access a Play-to-Earn (P2E) ecosystem where they can complete activities and climb up the leaderboard ladder to reach Moguls status and get the best possible outlook.
Anyone can learn more about investing and how they can build wealth, and this is all accessible through the simulated investing platform. Every player will also begin with just $100,000 in virtual cash and can create a portfolio.
Through the completion of challenges, they can turn their simulated profits into real cashable returns. Players will be able to access rare NFTs that they can buy or sell, which can enhance their trading capability or even improve the conditions. Based on this, MGLS is one of the best cryptos to invest in.
Aside from Hedera and Ripple, another crypto that gained significant attention is Meme Moguls. The project is undergoing its crypto ICO, and during Stage 2 of the presale, MGLS trades at just $0.0023. At launch, analysts are projecting a price upswing of 2,500%, especially following its listing on Tier-1 exchanges.
Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp
_____________
Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.
