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Is an XRP Breakout Impending As Price Consolidates? Growing Whale Demand Signal Parabolic Run for...
The XRP price consolidating around the $3 level means one thing: an impending breakout and parabolic run. But which altcoins are primed for a bigger leap amid growing whale demand? The Cardano price, nearing a rally above $1 as whales load up, is among the best DeFi coins to buy. Also on this list is Unilabs Finance (UNIL), a new and novel AI-backed asset manager for digital assets
XRP Price Prepares for a Breakout
The XRP price has been consolidating between $3.0 and $3.30 on the 7-day chart, signaling a breakout. Despite the volatility on shorter timeframes, the payment-based cryptocurrency is on the upside on the 90-day chart, indicating investor interest
At the same time, momentum is astounding—daily trading volume has exploded by more than 100% over the past 24 hours to $7.9 billion. Bulls maintaining the key $3.0 support, alongside rising volume, are expected to push the XRP price above $3.6, its 30-day high, in no time
Moreover, the SEC and Ripple Labs’ agreement to officially end the lawsuit hasn’t been priced in yet. Meanwhile, according to Messari, mindshare is “very high,” giving an optimistic outlook and positioning the XRP price for a big breakout
Why the Cardano Price Might be Set for a Significant Rally
The Cardano price skyrocketed by 20% on the weekly chart, soaring past $0.9. An inch away from a breakout above $1, which could ignite massive buying pressure, the Layer-1 crypto is among the best DeFi coins to buy now
Meanwhile, according to Token Terminal, the trading volume has increased by more than 80% to $53 billion over the past 30 days, signaling growing interest and demand. Considering $0.90 has solidified as a key support, the bulls’ rally could push the Cardano price past $1.50 next
Further improving confidence is Jamers’ price prediction: $8 to $10 this cycle. Given the growing institutional appetite for the Layer-1 coin, it is on track to outperform; the current Cardano price presents a good entry
Unilabs Finance (UNIL) — Why You Should Stack Up at These Levels?
At $0.0097, Unilabs Finance (UNIL) is massively undervalued and ridiculously discounted, prompting early funding to surpass $13.7 million in record time. The price is expected to jump to $0.0108 in the next round (the seventh ICO stage) and explode by 415% at the listing price of $0.05.
Given its low entry point and significant upside potential, UNIL is on the list of the best DeFi coins to buy this year. Beyond its projected growth, it stands out from other altcoins with its remarkable blend of AI, DeFi and TradFi
Operating in an unexplored domain, this AI-driven DeFi asset manager offers a unique value proposition. Also, it intends to share the competitive edges usually reserved for institutions and insiders with retail investors. While experts see similarities with Uniswap, a DeFi protocol with a $14.5 billion market size, UNIL has an edge with its yield-sharing strategy and periodic airdrops to users
Closing Thoughts
While the XRP price might be set for a breakout, experts believe the Cardano price could soar even higher. Another altcoin on the list of the best DeFi coins to buy this year is UNIL, standing at the intersection between traditional and decentralized finance. On track for a 415% presale gain, it is a bullish wave worth surfing
For more information about Unilabs Finance (UNIL) visit the links below:
Buy Presale
Website
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Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.