**TL;DR Summary:**
– Two of the three altcoins discussed have seen significant price increases in the last 24 hours, with one analyst predicting even higher short-term targets.
– XRP has seen a 7.5% increase but could potentially surge by another 20%, reaching $2.7.
**Exploring XRP’s Potential Rise**
An analyst recently highlighted XRP’s promising pattern, suggesting a bullish breakout toward $2.70 could be on the horizon. Ripple’s XRP managed to recover from a recent dip, reclaiming a crucial $2 support level. This recovery, coupled with technical indicators like the squeezing Bollinger Bands, hinted at an impending significant price movement. Indeed, XRP’s value soared to a multi-week high of $2.25. With the formation of an inverse head and shoulders pattern and the prospect of a Ripple ETF approval, XRP’s price is poised for further increases, barring any legal setbacks in the U.S.
**Impressive Gains for Dogecoin and Cardano**
Dogecoin (DOGE) and Cardano (ADA) have outshone XRP with remarkable 13% and 11.5% gains, respectively. Dogecoin’s breach past a critical resistance mark was crucial, avoiding a potential 65% plunge and is now eyeing a target of $0.195 following an ascending triangle breakout. Cardano’s valuation is also on the rise, aiming for $0.77 as per recent analyses.
**Engage with Us on Social Media**
What are your thoughts on the latest price targets for XRP, DOGE, and ADA? Share your insights and join the conversation. #XRP $XRP #Dogecoin $DOGE #Cardano $ADA
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