If you buy XRP and LINK, two massively popular but grossly under-priced digital currencies, you could grow your investment by 150%+ before year-end according to recent predictions.
The next wave of a crypto market bull market is already underway, and a number of cryptos are hinting at their readiness to explode.
Among the two are XRP and Chainlink, two massively popular but grossly undervalued cryptos. They have already broken out of bearish patterns, and some predictions suggests they could rally by more than 150% this bull cycle.
We look at their technicals and tell you why these two could be worth buying below.
XRP (XRP)
When Bitcoin started rebounding, as evidenced by the climb back above $100k, XRP followed close behind. The altcoin is already up by 11% in the last 7 days to rally above $2.65, for the first time in close to 2 months.
If the technical indicators are anything to go by, XRP isn’t showing signs of stopping. The RSI is, for instance, testing wholly bullish with a reading of 60, while MACD lines have achieved a bullish convergence and rose to the positive territory.
Our analysis suggests that XRP could rally by a further 180%+ from the current price of $2.4 to peak above $4.41.
This view of XRP’s future price action, though bullish, may be considered conservative, especially when you consider the many bullish catalysts lying ahead. These include inclusion into the US Strategic crypto reserve as well as the possible approval of an XRP ETF.
Chainlink (LINK)
Chainlink also showed its readiness to rally to a new high when its price jumped by close to 10% in the week, following BTC’s rebound.
In addition to obeying market trends, LINK is also up as investors rush to price in the many developments that have taken place in the Chainlink ecosystem. These include a partnership with JP Morgan as well as numerous collaborations with such on-chain brands as Tron DAO.
From a technical perspective, LINK token trade volumes have been on a sustained uptrend. All other indicators are also bullish. For example, LINK’s RSI reading on the daily timeframe has jumped from the neutral territory of $46 last week to the highs of 70.
The MACD lines are also in the positive territory. Not forgetting that LINK recently broke out of a bearish flag pattern and is currently trading above what has been a strong resistance level of $16.
Our analysis also shows that it could rally by a further 250% to peak around $39 before year-end.
Conclusion
XRP and Chainlink have recently broken above key resistance levels. They are also displaying strong bullish indicators, implying that they are primed for significant gains.
And with the next phase of the 2025 bull run beckoning, the two present compelling opportunities to grow your portfolio by at least 150%.
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