Missed XRP, ADA, or SOL? These 2021 Favorites Are Ready to Lead
XRP has experienced a huge surge recently, and it’s not alone. ADA and SOL also saw growth, with XRP leading the way. Ripple’s community seems to be thriving and still going strong. While some may think a top has been reached, the charts suggest otherwise, with both the hourly and daily charts showing continued momentum. Analyst Miles Dostcher In his latest video, he revealed that coins like XRP and ADA are about to experience a similar rally.
Coins 2021: Familiar Trends
One thing to watch is the resurgence of coins that have performed well in 2021. The current rotation appears to be largely driven by these familiar coins, which still hold a strong position in retail investors’ portfolios. The analyst said people tend to stick with what they know and many who made money in the previous cycle are now looking to buy the same coins again. Tokens like Solana, XRP, and ADA are seeing renewed interest, but there are others that may be ready to breakout.
What’s next? Coins worth watching
Dogecoin and Shiba Inu: These memecoins have potential, especially Doge which could hit the $1 mark. The Shiba Inu still has some room to grow, but it’s not a long-term hold for many.
Avalanche(AVAX): AVAX is showing promise after breaking out of a key resistance level and could revisit its previous highs. This is a great option for those looking for a first-tier solution.
Link(LINK): LINK has flipped over an important momentum indicator and is breaking above key resistance. While it may not be a 5x player, it has solid upside potential in the current market.
Polkadot (DOT): Polkadot is another popular project of 2021 with strong chart signals. Although it is already oversold, its ecosystem, especially the parachain auction, could be a game changer.
métis: This layer 2 solution is attracting attention. It is on a strong run in 2021 and with the current chart structure, it is likely to continue its upward trend.
