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One analyst believes XRP could see a further surge, potentially reaching $2 if it breaks key resistance levels.
Cardano’s ADA saw a price surge, briefly surpassing $0.40, driven by anticipation of the upcoming Chang Hard Fork upgrade.$0.40 for the first time since the end of July. The price has since retraced to where it currently trades at around $0.378.XRP About to ‘Go Crazy?’ Ripple’s XRP experienced a severe collapse during the crypto market crash on August 5, when its price plummeted below $0.50. However,Many industry participants viewed the decision as a victory for Ripple, while the price of XRP shot above $0.60.The primary cryptocurrency has been the talk of the town lately, with its price soaring by nearly $5K in a matter of 24 hours. The rally started on August 23 following an announcement from the Chairman of the US Federal Reserve, Jerome Powell.
Cutting interest rates would make money-borrowing cheaper and could increase the investor appetite for risk-on assets such as Bitcoin . As such, it is no wonder that the leading digital asset spiked to almost $64,500 following that speech.
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