Cardano (ADA), Ripple (XRP), and The Hideaways (HDWY) 2023 Price Prediction
Another month is ending. This means we are running out of time to complete our watchlist of the best cryptocurrencies to buy in 2023.
In this article, let us examine the potential of Cardano (ADA) and Ripple (XRP) which both did not make decent movements this year.
We will also give some insights on the presale token The Hideaways (HDWY) which has been the talk of investor forums lately after announcing 450% gains and a $10,000 reward if you invest in The Hideaways before 17 October!
One of the underwhelming cryptocurrencies of 2022 is Cardano (ADA). Admit it, we all have been expecting more from the token this year given its stellar 2021 performance.
What’s more disappointing is its recent Vasil upgrade’s performance - it rarely moved ADA price. The change is expected to make the Cardano network more competitive against its tough competitors like Ethereum (ETH) whose Merge event successfully sent ETH price to record gains.
Are we expecting better performance for Cardano (ADA) in 2023? First, let’s focus on its near-term performance. The token is up 1.31% at press time and exchanges hands at $0.43. On the downside, its price is off close to 7% in the last 7 days.
Before Cardano (ADA) makes its way to $1, it should first manage to break the hard resistance found at $0.60 - a historical selling level. A signal confirmation of a steady recovery will not come until $0.67.
Cardano’s CEO recently noted the lack of venture capitalist support in its ecosystem. But more investments are expected to come once dApps created in the Cardano network post billion-dollar profits which is expected to come in late 2023 to 2024.
Ripple (XRP) has reappeared on today’s top gainers chart after jumping 12% in the last 24 hours. This has followed its
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