Altcoins Rising and Displaying Magnificent Growth Figures in the Market

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Parth Vig
Parth Vig is a Management student, and a keen observer of Cryptocurrency and blockchain technology, his interest in writing brings him to thecoinrepublic.com, He believes that he has many ideas that he pens down and he feels it would be a great asset for any kind of creative writing.

There was all this talk about Bitcoin lately and speculations of a big boom similar to 2017. All this has diverted attention from other cryptocurrencies that have shown some resilient figures this year and in recent times. We will look at Ethereum, Ripple, and Cardano who have shown amazing growth figures.

Ethereum Looking for a High Climb

Ethereum was becoming somewhat of a boring prospect in terms of investment as investors predicted it would go down. But, it did quite the opposite and went up. May 13 was the day where it crossed US $200 and broke its 16 month long bearish sentiment. Ethereum has seen growth since May 13 and is now moving comfortably at rates above $250. With this kind of growth, projection show that prices can rise up to $360.

Ripple Breaks the Shackles to rising

Ripple has been in a slump stuck between $0.30 and $0.38 since November 2018. But this month, it managed to get past this barrier and touch $0.40. Now, it has soared over that to reach $0.46 and just touching $0.47. With such climbing figures, predictions project rise up to $0.57 and even above. Also, Ripple has been one of the most reliant and impressive cryptocurrencies due to its fast and easy transactions and the presence of a good team. It is often termed as the best cryptocurrency by the community.

Cardano Continues Its Yearly Dominance

Cardano has been dominant since the start of 2019. It has already gone through a couple of resistances this year and is having a bullish run. This is an ideal situation that many cryptos would wish to have. Only the ever elusive $0.10 resistance stands in its way now. Looking at its price now of $0.095 and its growth pattern, it would soon pass that barrier too. It’s growth figures project to spike up to $0.14.

Overall, many altcoins have performed as good as bitcoin this year and people should keep an eye out for these ones as well.

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