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XRP Price Prediction – Fresh Rally Incoming? These 3 Tokens Could Outperform it

December 6, 2022
in Crypto News
Reading Time: 9 mins read
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XRP Price Prediction – Fresh Rally Incoming? These 3 Tokens Could Outperform it
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  • Can XRP continue to rally in the weeks to come? T
  • RobotEra is an exciting metaverse where users can become robots, manage assets and participate in the creation of the world. 

Ripple Network’s native coin XRP witnessed a steep uptrend as the crypto touched its five-month high in September 2022. The bullish efforts to snap the constraints of its 200-day Moving Average came to fruition after a few developments on the SEC case.

Can XRP continue to rally in the weeks to come? The recent indications of Ripple CEO Brad Garlinghouse pointed to this confidence in a favorable outcome in the coming times. On the other hand, the investor sentiment suggested a positive outlook amidst an uptick in inflows over the last few weeks. As a result, XRP’s early-November decline saw a strong reversal from the $0.32 support level.

Nonetheless, SEC’s recent victory in a lawsuit against the crypto project LBRY in a similar case does raise the uncertainty of a potentially favorable ruling.

In such circumstances, the investors may want to reduce their risk by looking for other crypto investment options with high growth potential. Projects like Dash 2 Trade (D2T), RobotEra, and IMPT could bag impressive investment returns. How does the near future of these projects look? Let’s take a look at their prospects.

XRP Price Prediction: Can XRP Rise Toward $1?

Since its multi-yearly high in April last year, XRP has been consistently declining on the charts. The broader sentimental decline and the market-wide sell-offs aided the sellers in expediting the bearish track.  

Despite the ongoing uncertainty, the altcoin has managed to secure its position in the top 10 cryptos in terms of market cap for years now.

The buyers have upheld the $0.3-$0.32 range as psychological support since June this year. After compressing in the $0.3-$0.38 range for over three months, XRP has unveiled mixed investor sentiments. The sellers constricted the buying efforts from near the $0.51 resistance during the last few months.

However, the developments over the past month reignited some bullish pressure that aided the buyers in pushing the price closer to its 50-day moving average. At press time, XRP was trading at $0.4887.

In the meantime, the altcoin strived to break the chains of the $0.41 barrier near the 50-day moving average. A sustained position above this barrier could open doorways for a near-term rally.

The buyers would look to challenge the $0.51 barrier. A potential bullish crossover on the 50/200 EMA could confirm a bullish narrative. Any bearish pulls could continue to find rebounding grounds from the $0.32 baseline.

The buyers should look for a convincing close of the Relative Strength Index (RSI) above the 50-mark before taking a long position.

On the other hand, Finder, an analysis platform with multiple industry experts, expects the XRP price to trade as high as $0.90 by the end of December 2022.

According to Changelly, a popular forecasting website, XRP may not undergo exponential gains until the start of next year. The platform expects the altcoin to have an average price of $0.44, with a maximum price of $0.46 by the end of the year. Even so, this could fetch a potential ROI of over 22%.

With the investor feelings oscillating within a spectrum of ‘fear’ and ‘greed’ during the ongoing lawsuit, the investors have felt the need to look for competent investment alternatives. Let’s glimpse at the three new crypto investments with a potential for high ROI. 

Dash 2 Trade – Top Crypto Analytics & Social Trading Platform

With a mission to make it easier for investors to make ‘informed decisions’, Dash 2 Trade is a crypto analytics and social trading platform that is powered by the Ethereum Network. Its native token, D2T, is central to its ecosystem and functions as an ERC-20 token that’s used to access the analytics dashboard.

Users holding the D2T token can reap the benefits of the unique features offered by the project. These include trading signals for timing entries, Social sentiment indicators, on-chain analysis, Strategy Builder, and Listing alerts among other things.

The platform offers a range of membership tiers that determine the quantum of features. The D2T token is at the center of this subscription structure.

There are three tiers in total:

  1. Free tier: This tier does not warrant holding any D2T tokens while offering reduced features.
  2. Starter tier: this tier offers access to advanced on-chain data and basic insights into notable presale launches.
  3. Premium tier: access to all the previous features and access to quarterly trading competitions, with 5% of subscription fees allocated to the prize pool.

While investors strive to keep track of the best cryptos to buy as per Reddit or any social media, Dash 2 Trade provides a reliable platform for the same.

In essence, the platform caters to signals that could have the most actionable impact on a particular trade/investment. 

While being co-founded by the veterans of Learn 2 Trade, Dash 2 Trade entailed a solid team with the well-needed experience to run its operations. Does it have the potential to become one of the fastest-growing cryptos? Let’s take a look at some other factors.

Visit Dash 2 Trade

Tokenomics & Presale

The D2T token plays a vital role in the users gaining access to the Dash 2 Trade terminal. The token is required to access the subscriptions to the dashboard along with the various features of the dashboard. 

These D2T utility tokens have a total supply fixed at 1 billion. To tap into the above-mentioned features at a rather low cost, investors could consider grabbing the D2T tokens in the ongoing presale. 

Out of the total 1 Billion, nearly 70% is kept for public/private sale. While the project is currently in its presale stage 3, around 86% of its tokens have already been sold. The project has already raised over $7.4 million at the time of writing. The current presale price stood at nearly $0.053.

  Furthermore, the upcoming projects on the platform could foster an enhanced utility for the D2T token in the coming times. Most importantly, as per the project’s roadmap, Dash 2 Trade aims for a potential CEX/DEX listing by Q1 2023. In such a scenario, the token’s price could register an exponential gain.

Visit Dash 2 Trade

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RobotEra – The Play to Earn ‘Planet Rebuilding’ Metaverse

RobotEra is an exciting metaverse where users can become robots, manage assets and participate in the creation of the world. 

What’s more? RobotEra provides a ‘shared’ multiverse with an interoperability feature. This feature enables smooth coordination with other worlds. Moreover, users can explore, create and share resources within the game.

What is RobotEra’s story?

After TARO (the planet’s) destruction in the Alpha galaxy, the world witnessed a catastrophe. The war led to the destruction of the ‘aborigines’ alongside the other robots. In the end, only the robots having human-like minds have now become the rulers of this planet. 

These robots will now use their special abilities to revive the planet’s vitality. In a nutshell, the robots will have an opportunity to deploy their ‘human’ minds to restore Planet TARO’s lost prosperity.

Furthermore, RobotEra’s main NFTs, the Robots belong to seven different camps, each of which with distinct advantages.

Why RobotEra?

The game aims to bring forth a dynamic metaverse that incorporates an earning capability for the players while being entertaining at the same time.

With the rising adoption of Play-to-Earn games, RobotEra aims to create a competitive advantage by providing an immersive gaming experience by creating a seamless platform for everyone to build their world, and create and manage their assets.

With such an immersive gaming experience alongside its Play-to-Earn feature, the players indeed have the potential to earn significant income by playing RobotEra.

Presale

The project’s first presale is about to end soon. In a relatively short period, RobotEra has raised over $286,000 via its current presale. Out of the 90 million tokens, nearly 14.3 million tokens have been sold at the time of writing.

In the current presale, RobotEra’s token can be bought only at $0.02. The stage 2 price for the presale would increase to $0.025 in the coming times. It may be a good time to buy these tokens while they still are at a discounted price. 

Visit RobotEra

IMPT- A Carbon-Reducing Blockchain Project

IMPT is a blockchain-based platform that helps each individual and business offset their carbon footprint easily and securely. The project’s goal is to provide everyone with the opportunity to help the environment and make a positive change.

A unique feature they offer is the ability for the users to purchase carbon credits without having to specifically make efforts, i.e while shopping. Also, users who wish to buy them directly can do so from the platform.

IMPT tokenizes carbon credits in the form of NFTs. While the users receive them, these NFTS are displayed in a decentralized ledger for tracking. This feature ensures transparency and traceability.

 

When users retire their carbon credits, they receive unique NFTs created by artists. Consequently, users can trade these NFTs on the marketplace.

Why IMPT?

IMPT deploys an impressive mechanism in place to set the stage for its model. The project has set alliances with thousands of prominent retail brands. Such brands have agreed to allot a definite percentage of sales margin for such carbon-reducing projects.

Then, these brands would set aside a portion of the sales margin that would be transferred as IMPT tokens to the customers. So basically, the users can go on with their normal shopping whilst helping the planet.

The project also offers a unique feature by allowing the individuals and each organization to actually ‘measure’ their environmental impact. It does so by creating a social platform that displays the IMPT score.

As per the project’s whitepaper, more than 10,000 affiliate brands will join IMPT with over 2 Billion individual products once the use cases are live. 

Presale

The project’s first presale already sold out after investors flocked to get in on this innovative eco-friendly crypto initiative. Its second presale is live but had already raised over 50% of its target amount. Out of the 1.2 billion tokens available, over 710 million tokens have already been sold at the time of writing.

In the current presale, IMPT’s token can be bought only at $0.023. Investors should consider buying them before the presale 2 sells out and the token price increases.

Visit IMPT.io

 


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