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Reading: Analyst Expects More Than 50% Increase in Value for Radix (XRD)
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Latest cryptocurrency news > ALTCOIN > Analyst Expects More Than 50% Increase in Value for Radix (XRD)
ALTCOIN

Analyst Expects More Than 50% Increase in Value for Radix (XRD)

BH NEWS
Last updated: 1 December 2023 10:50
BH NEWS 2 years ago
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Famous crypto analyst Inmortal has shared with his followers that he expects Radix (XRD) to increase in value by more than 50%. The analyst stated that the altcoin is following a trajectory and is expected to experience a sharp rise in the near future.

According to the analysis, it is expected that Radix’s XRD price will rise to $0.0850 after retesting the $0.0500 level. XRD is currently trading at $0.05299, experiencing a decrease of 4.08% in the last 24 hours.

In addition, Inmortal expressed that he expects Solana (SOL) to reach $64 after retesting the $50 support level. SOL is currently trading at $60.51, with a 1.9% increase in the last 24 hours, and is positioned close to the target level set by the analyst.

As for Ethereum (ETH), one of the largest altcoins, Inmortal stated that the price will fall before experiencing a significant rise. The analyst mentioned that ETH will test investors’ patience and then transition to an upward trend.

According to the analyst, it is expected that the price of Ethereum (ETH) will drop to around $1,600 and then rise to $3,600 in the first half of the coming year. Ethereum is currently trading at $2,092, experiencing a 2.92% increase in the last 24 hours.

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Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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