Three “Underdogs” of the Cryptocurrency World Capable of Delivering Steady Profits

Per CoinCodex, the platform predicts XRP to hit another critical milestone in April 2024. 

Our current XRP price prediction indicates that XRP’s price is expected to rise by 9.43% and reach $0.676073 by April 27, 2024... Per our technical indicators, the current sentiment is neutral, while the Fear & Greed Index is showing 80 (extreme greed). XRP recorded 17/30 (57%) green days with 4.45% price volatility over the last 30 days.” 

Cryptocurrency #2: Cardano ADA

Cardano is another promising cryptocurrency that is struggling to breach its $1 price threshold. ADA’s inability to cross past the critical price conjuncture seems to be worrying its investors. 

But Cardano’s stash of hidden potential may compel investors to think twice. Per Messari, Cardano is one of the most significant crypto coins worth exploring as of late. The token has shown remarkable progress since last year, which makes it a lucrative token to hold and store in the long run. 

“Cardano’s TVL increased 166% QoQ and 693% YoY. ADA’s TVL ranking increased from 34th at the beginning of 2023 to 11th. Cardano’s stablecoin value increased by 37% QoQ and 673% YoY. iUSD remained the market leader, but alternative solutions such as USDM are approaching Mainnet. ADA’s price increased 127.2% QoQ, outpacing the overall crypto market’s increase of 53.8%.” Messari shared. 

Dubbed a hidden gem waiting for a potential breakout, crypto analytics platform CoinCodex predicts the coin will shine brightly this bull season. 

“Cardano is expected to trade within a range of $0.593707 and $2.65. If it reaches the upper price target, ADA could increase by 306.72% and reach $2.65.” 

Cryptocurrency #3: Solana SOL

Solana, despite facing regular outages and network downtimes, recently outpaced major cryptocurrencies in the space, establishing itself as the “underdog” of the SOL ecosystem.

Solana was rife with network errors and meltdowns, leading users to speculate on its price progression and ascent. 

But those doubts seem to have vanished as SOL climbed to the top of the crypto radar this bull season. Solana is up a whopping 60% in the last month, with platforms forecasting a 200% spike in its price next month. 

“The predicted price of Solana may rise by 227.56%, reaching $593.96 by April 27, 2024. Per our technical indicators, the current sentiment is bullish, while the Fear & Greed Index is showing 80 (extreme greed). Solana recorded 19/30 (63%) green days with 16.75% price volatility over the last 30 days.”