As we reported at Kriptokoin.com , XRP has attracted attention with a major rise in recent days and it is not alone. Other major cryptocurrencies such as ADA and SOL have also experienced similar gains. This movement, led by XRP, reveals the power of the Ripple community and market momentum. In his latest video, analyst Miles Deustcher shed light on other altcoin projects that will experience rallies such as XRP and ADA. This dynamic in the market indicates a period when old favorites are back on stage.
Favorite Altcoin Projects of 2021 Are Back on the Agenda
The coins that stood out in 2021 are currently at the center of market rotation. According to analysts, investors continue to gravitate toward coins that have previously yielded gains. Old favorites like XRP , ADA, and Solana are seeing renewed interest, suggesting investors are seeking security in familiar assets.
These old favorites still hold a strong position in the portfolios of retail investors, so there are other coins that stand to benefit from these price explosions. This trend that is gaining traction in the market is not limited to XRP and ADA alone . Many investors have other potential bullish candidates on their radar.
Altcoin Projects to Watch
Dogecoin and Shiba Inu: These meme coins continue to be on investors’ radars. While Dogecoin is likely to reach $1, Shiba Inu is thought to have more room for growth. However, SHIB seems more speculative for those without a long-term holding plan.
Avalanche (AVAX): AVAX has attracted attention by breaking through key resistance levels. It could be a strong option for those looking for Layer 1 solutions. Analysts believe AVAX could return to its previous highs.
Chainlink (LINK): LINK has broken through a key momentum indicator and is continuing to break new resistance levels. While it has not provided huge gains, it has reliable upside potential in current market conditions.
Polkadot (DOT): DOT is still showing strong signals as one of the favorite coins of 2021. With its recovery from oversold sales, ecosystem advantages such as parachain auctions will make a big difference.
Metis: Metis, which stands out among Layer 2 solutions, has experienced a strong rise in 2021. It currently has the potential to continue its upward movement with its current chart structure.
Old and New Potential
The crypto market is entering a period where old favorites are reviving. Led by coins like XRP and ADA, many investors are aiming to take advantage of these opportunities. However, understanding market dynamics and seizing the right time is more important than ever. In this process, new opportunities should be on investors’ radars, as well as old coins.
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