Dogecoin And XRP Will Never Reach $1 Price – Explore More Promising Cryptocurrencies According to Latest Research

Despite a bull run beginning in 2024, not all coins have the same chances of hitting the $1 mark. Recent research casts doubt on the likelihood of fan favorites Dogecoin and XRP reaching this threshold. For those looking for fresh opportunities, the market holds other promising options. This article delves into why some coins might fall short and introduces alternative cryptocurrencies with potential for growth.

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Pyth Network (PYTH) Price Moves and Forecast

Pyth Network coin, PYTH, is currently trading between $0.50 and $0.60. It's facing the next resistance at $0.64 and has support at $0.44. If the price falls, the next support is at $0.34. Over the past week, PYTH's price dropped by 4.56%. Last month, it fell by 37.09%, but over six months, it's up by 38.73%. Both short-term averages, at $0.54, suggest the price isn't in a clear trend. The low RSI and Stochastic show the coin might be oversold. MACD being close to zero indicates a lack of momentum. The price seems to be in corrective moves due to recent declines.

Ondo Recent Price Trend and Future Outlook

Ondo's price is currently in a range between $0.75 and $0.91. Over the past week, ONDO has risen by 6.27%. When we look at the past month, it has gone up by 4.21%, showing positive momentum. An impressive increase of 2672.83% is seen over the last six months. The indicators suggest the price movement is neither too strong nor weak, with the RSI near the middle at 47.16 and the MACD level flat. The coin is moving steadily with slight ups and downs. If it breaks the nearest resistance at $0.97, we might see a move towards the second resistance at $1.13. However, if it falls below the support level of $0.64, the next support at $0.47 could be tested.

Dogwifhat (WIF) Price Sees Mixed Movements

Dogwifhat (WIF) is currently moving between $2.49 and $3.72. In the past week, WIF’s price has grown by 17.45%, showing strong upward movement. However, over the past month, the price has fallen by 9.02%, indicating recent uncertainty in the market. Over a six-month period, it has experienced a substantial increase of 151.15%. Affirming the recent gains, yet the RSI near 41.91 suggests that WIF isn’t overbought. The coin appears to exhibit corrective moves within an upward trend, considering the 10-day and 100-day averages are quite close ($3.36 and $3.26 respectively) with a slight downward MACD (at -0.02).

Conclusion

Dogecoin and XRP are unlikely to see a $1 mark. Instead, investors might consider other options. PYTH, ONDO, and WIF show less promise in the short term. The most notable option right now is BlastUP. Its strong concept and placement in the Blast ecosystem make it a compelling choice. Market analysis suggests BlastUP holds the highest potential among the discussed cryptocurrencies.

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Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.