Four cryptocurrencies expected to transform 10 into 100 within the upcoming week
In the midst of a particularly bearish week for the majority of assets in the cryptocurrency market, traders and investors are eagerly anticipating the next week in hopes of finding potential cryptocurrencies that could reverse the trend and yield significant profits.
Surprisingly, there are a few digital assets that might just fit the bill, potentially increasing their value tenfold in the upcoming week. This could mean that a small $10 investment could turn into $100 within just a week, assuming the sentiment remains positive.
One such asset is XRP, which crypto expert Egrag Crypto believes could surge past the $6 mark if it breaks out of its current consolidation zone below $0.50. Currently priced at $0.483, XRP has seen a 0.61% decrease in the day, a 2.37% gain over the week, and a 7.17% drop over the past month.
Another promising asset is Render (RNDR), also known as the ‘Nvidia of crypto,’ which has recently shown a buy signal and has the potential to continue rising in value. With a current price of $7.20, Render has experienced a 5.82% loss today and a 4.62% decrease over the week.
Despite its current unimpressive charts, Bitcoin has historically shown strength in July following a bearish June. Trading at $60,270, Bitcoin has seen a 3.52% decrease in the last 24 hours, a 1.87% drop over the past seven days, and a 12.62% loss on the monthly chart.
Cardano (ADA) is also showing promise with the anticipation of the Chang hard fork update. Priced at $0.407, ADA has experienced a 1.40% decline in the day but a 4.72% gain over the week, while still holding onto a 10.28% decrease in the last month.
In conclusion, these cryptocurrencies have the potential to increase their value tenfold in the next week, turning a $10 investment into $100. However, it is crucial to remember that the crypto market is highly volatile, and conducting thorough research is essential before making any investment decisions.
