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Ripple (XRP) and Ethereum (ETH) have initiated a bullish run that could soon enable them to reach new heights. As a direct result of this, many are looking to diversify their cryptocurrency holdings.
They can capitalize on this new bullish market run by jumping into presale-stage projects. One such project is Pullix (PLX), which is making waves with its blockchain ICO. Having exceeded expectations and reaching stage 6 of its presale in just 4 weeks. Today, we will go over all three to uncover just how far they can rise and will determine the top crypto to invest in.
Summary
Ripple (XRP) Remains Above $0.50 – Can Its Value Climb Further?
Ripple (XRP) is heading upwards in value and could soon reach new heights. Just in the past week, the Ripple crypto broke past the $0.60 price barrier. According to the on-chart data, the price moved from $0.55 to $0.63. Looking at the charts as a whole, the Ripple price has strong support at the 50-day and 150-day EMAs.
The fact that it has not yet dropped below $0.50 is an indication that there is still demand for the crypto. Bulls are generated by a recent golden crossover, and this suggests a positive outlook for the crypto in the long-term. Based on the Ripple price prediction it can surge to $0.9449 by the end of 2024.
Ethereum (ETH) Analyzed by Michaël Van De Poppe, Crypto Tony and Ali Martinez
Ethereum (ETH) saw a major upswing as-well during the past week. From a low point of $2,184.62, the crypto grew as high as $2,419.80. The Ethereum crypto growth has captured the attention of numerous analysts who are now all bullish on its future. Michaël van de Poppe has shared a perspective that the crypto will be bullish.
He highlighted the Ethereum price’s approach to its 2022 low. The analyst noted how a further upswing is possible when the ETF approval happens. Alongside him, the analyst Crypto Tony also showcased a bullish outlook if ETH reclaims the $2,500 point. Then, renowned analyst Ali Martinez noted how ETH can surge. According to his Ethereum price prediction, it can spike as high as $5,100 by the end of 2024.
Pullix (PLX) to Surge in Value Following Its Launch As Whales Move to Its Presale
Pullix (PLX) is an upcoming platform that will be a combination of some of the best elements found at CEXs and DEXs. The platform will feature a secure ecosystem where anyone can gain access with ease.
Through incentivizing users to provide liquidity, it can offer far more efficient prices. Every trade that occurs, gets executed by the off-chain order book. This can result in much higher speed.
The Pullix crypto can also support CFDs and perpetual futures while also featuring a dedicated vault. Revenue share is also a part of this offering. This means that each user can provide liquidity to the automated market makers, and as a result, get fixed passive income.
The platform can also feature deep liquidity, and this will be achieved as it can partner with institutional liquidity providers. During Stage 6 of its presale, a single PLX token trades for just $0.08. At launch, analysts are projecting a price increase up to 100x. These aspects make it the top crypto to invest in. There is also a 20% bonus that is live for 72 hours, starting January 10, 2024.
Summary
Ripple and Ethereum both showcase significant growth. Yet the presale of Pullix has gained the most significant attention. With its vast ecosystem and overall offering, Pullix is set to reach new heights in 2024 ahead of its Beta release.
For more information regarding Pullix’s presale see links below:
*This article was paid for. Cryptonomist did not write the article or test the platform.
