Ethereum (ETH) and Ripple (XRP) are both bullish on the charts. ETH specifically faced an upward momentum fueled by an increase in its usage and trading volume. XRP, on the other hand, is projected to experience gigantic growth soon by major crypto analyst EGRAG CRYPTO. Alongside them, Meme Moguls (MGLS) is also making significant progress. We will analyze the on-chart data for both to determine the best crypto to invest in.
Ethereum (ETH) Stays Above $2,200 – Price to Reach $3,829.22 by the End of Q4
Ethereum (ETH)’s indicators are in a mixed position, with the cryptocurrency’s recent rallies putting it in a position where it could correct. Yet, other data suggests that it could also see another rally. The 30-day average has been well above the 200-day average for multiple months. This implies that the Ethereum crypto was overbought by traders in recent weeks.
At the same time, the RSI for the crypto is around 50, indicating neutro territory for the Ethereum price. Holders are aware that ETH’s support level has risen and held up consistently since November of 2023. Even if ETH struggles in the short term, it is highly unlikely that it can fall significantly.
During the past week, the crypto traded between $2,187.29 and $2,434.45 and has consistently remained above $2,200. According to the Ethereum price prediction, it can rise to $3,829.22 by the end of Q4 2024.
Ripple (XRP) to Rally 96X According to EGRAG CRYPTO
Ripple (XRP) remains the subject of bullish projections. The X (Twitter) user EGRAG CRYPTO, a notable analyst, expects the price to surge in the upcoming sessions. The analyst outlined Ripple crypto’s 20X rally in 2021 when the overall industry was booming. He noted how progress occurred despite the lawsuit they had with the US Securities and Exchange Commission (SEC). The company secured three vital court victories.
According to the analyst, the Ripple price could potentially grow between $5.88 and $16. This is a bullish Ripple price prediction, but the analyst also forecasted further growth. The crypto could rise an incredible 96X from the cycle bottom, which would result in a value of $27.
Meme Moguls (MGLS) to Introduce Virtual Trading and a P2E Ecosystem
Meme Moguls (MGLS) is an upcoming P2E meme-oriented ecosystem aimed at helping investors and traders enhance their strategies while also improving the performance of their portfolios. This will be completed through an introduction of a platform where they can access real-time market simulations.
Players will get immersed in a fantasy meme-trading world. Here, they can create custom avatars and climb their way up leaderboards. They can reach Moguls status to get the highest rewards. They can also begin trading or selling character NFTs on the market alongside other rare NFT items and mined materials.
There is also Moguls Land, which is the dedicated Metaverse in the ecosystem. Here, each player can join liquidity pools or mine tokens. All they need to do to accumulate more MGLS is to stake it in the pool, which will result in fixed passive capital gains. These aspects make it the best crypto to invest in.
Ethereum and Ripple both have growth potential, but Meme Moguls has seen a massive rally. Its presale has reached Stage 4, where MGLS trades at $0.0027. This blockchain ICO has been growing at a rapid speed, analysts project an 80x price jump.