The realm of cryptocurrency is dubbed volatile and exciting at the same time. There are times when dependable altcoins fail to perform their best while the underrated gems emerge as the ultimate winners of the race. It can be particularly hard to dissect notable coins that may deliver stable returns as compared to volatile ones, which may steal away all your savings and investments.
With that thought in mind, here’s our pick of the top three crypto coins that may deliver stabler profits this bull season.
Solana led the current bull run in all its glory, projecting a stellar price stance. The SOL ecosystem was rife with new presale coins and projects that helped the token sail to new highs.
The Solana ecosystem has recently deployed a congestion bug fix in its blockchain, which is bound to keep the network from crashing due to heavy traffic and trading.
This may help Solana onboard new users, as the network is primarily known as a hassle-free, low-cost, effective blockchain in the Web3 vertical. This will help SOL recover all its lost value at a rapid pace, crowning itself as a leading player in the web3 space.
According to CoinCodex, Solana may experience a notable price surge post-Bitcoin halving. Per CC, SOL may gain 13% to trade at $150 by the end of April 2024.
“The price of Solana may rise by 13.54% and reach $150.73 by May 18, 2024. Per our technical indicators, the current sentiment is bearish, while the Fear & Greed Index is showing 57 (greed). Solana recorded 15/30 (50%) green days with 9.78% price volatility over the last 30 days.”
XRP has long been embroiled with the SEC in a heated legal spat. Despite its sluggish pace and the prolonged legal warfare with the SEC, the token continues to hold its ground steady. XRP’s magical price road is progressing primarily due to Ripple, its parent company, which is relentlessly pursuing monumental new partnerships with leading financial players in the space.
These new partnerships are key pathways for Ripple to gain further prominence, helping its token XRP to recover its lost fortunes sooner or later. Once the legal warfare with the SEC concludes, XRP may recover and regain its value, which makes it a great asset to hold and explore.
According to CoinCodex, XRP will gain 15% by the end of April, trading at $0.56 by May 17.
“The price of XRP may rise by 15.83% and reach $0.568167 by May 18, 2024. Per our technical indicators, the current sentiment is bearish, while the Fear & Greed Index is showing 57 (greed). XRP recorded 14/30 (47%) green days with 7.50% price volatility over the last 30 days.”
Ethereum is dubbed as the second-best cryptocurrency after Bitcoin. With the Bitcoin Halving event knocking on the door, the event may trigger a chain reaction, leading the altcoins to document a notable price spike.
Ethereum might also benefit from this change, assisting the token to seek stability in its price levels.
According to CoinCodex, Ethereum may spike 2% to trade at $3,107 by May 17. The slow yet steady price pace is what promises stable profit margins to its investors in the long term.
“The price of Ethereum may rise by 2.87% and reach $3,105.24 by May 18, 2024. Per our technical indicators, the current sentiment is bearish, while the Fear & Greed Index is showing 57 (greed). Ethereum recorded 16/30 (53%) green days with 4.90% price volatility over the last 30 days.”
Disclaimer: Our articles are NOT financial advice, we are not financial advisors. All investments are your own decisions. Please conduct your own research and seek advice from a licensed financial advisor.
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