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Over the past few days, the Ripple price has witnessed a pullback, falling below the $3.50 level. The Dogecoin price has corrected to the $0.20-0.25 region after buying pressure and trading activity dropped.
On the other hand, those who have invested in the ongoing crypto ICO sensation, Unilabs (UNIL), have seen over 50% returns on tokens bought. Unilabs is an AI-driven investment which seeks to give users access to promising projects with huge returns.
The Ripple price is experiencing a massive shift in momentum after a recent decline from its yearly high of $3.65. CoinMarketCap data indicates that the Ripple price jumped to this level last week before a sharp nosedive.
The Ripple price trades above the 50-SMA ($2.55) and 200-SMA ($1.85), which signals high bullish momentum. Also, the Average Directional Index (14) is flashing a buy signal, a sign that bulls are in control.
Sp, the Ripple price may soar soon. Maxi, a crypto analyst, forecast that the Ripple price may rally to $4 next. Another expert, CryptoRat33, notes that the Ripple price mirrors its 2017 movement. According to them, the altcoin just broke out of a 6-month triangle, which also occurred in 2017.
CryptoRat33 told his followers that the RSI sequence, pattern, and setup are all the same. So, the analyst expects a Ripple price surge. They forecast that the altcoin price may rise to $8.50 before the end of this year based on its 20x rally in 2017.
The Dogecoin price is currently trading in the red region after a 47% rally, which attracted profit takers. According to CoinMarketCap, the Dogecoin price has dropped by 13.1% on the 7D chart.
The MACD is negative which is a bearish sign. So, the Dogecoin price could continue consolidating for a while before trying to break past upper resistance.
If the downturn continues, the memecoin may test the 50-SMA support at $0.19. On the other hand, an uptick could push the Dogecoin price to major barrier at $0.29. RonnieV, a top crypto trader, noted that the price of Dogecoin has formed a double-bottom pattern.
This pattern signals a change in momentum, which points towards an uptrend. RonnieV says the Dogecoin price could rally to $0.39 in the coming weeks. Another analyst, Cantonese Cat, has also cited a bullish pattern on the Dogecoin price chart.
She told her followers the DOGE price has formed about three sets of morning stars back-to-back. A morning star is a bullish reversal pattern that indicates the end of a decline and the initiation of an upsurge.
Unilabs (UNIL), the Solana Slayer, is an investment protocol designed for crypto users who want automated access to high-growth sectors. While traditional tokens like XRP focus on payments, Unilabs combines AI with curated investment funds to give users higher earning opportunities.
Operating in the booming AI and DeFi market, Unilabs has huge potential. Statista predicts that the DeFi market valuation may reach $14.6 billion by 2026. In addition, the AI market could peak at $800 billion in 2030.
One way to benefit from this growth is through Unilabs. It offers users a revolutionary way to earn through its AI-powered investment funds. These funds span across DeFi, Bitcoin, Real World Assets (RWAs), and the AI sector.
Each of them is monitored by Unilabs Early Access Scoring System (EASS), a proprietary tool that identifies top new DeFi projects before they go mainstream. According to Crypto Royal, a YouTuber with over 153,000 subscribers, Unilabs offers a smarter way to earn passive income by using AI to uncover early opportunities regular investors miss.
In terms of growth, Unilabs’ UNIL token could see a 15% uptick soon when it rises to $0.0085 from its current value of $0.0074. Smart investors who join the ongoing blockchain ICO could see huge profits.
In addition, Unilabs features a 30% fee redistribution mechanism for token holders. It rewards early buyers through a five-tier loyalty program.
Based on its features and connection to a fast-growing market, Unilabs has the potential to outshine the Ripple price and Dogecoin in the months ahead. Its low market cap also adds more momentum to the bullish potential. So, smart investors looking for the best crypto to buy should look at Unilabs, the Solana Slayer.
Find out more about the Unilabs (UNIL) Presale Today:
Website: https://unilabs.finance/
Telegram: https://t.me/unilabsofficial
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Disclaimer: Analytics Insight does not provide financial advice or guidance on cryptocurrencies and stocks. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. This article is provided for informational purposes and does not constitute investment advice. You are responsible for conducting your own research (DYOR) before making any investments. Read more about the financial risks involved here.
