XRP remains within a familiar range on the higher time frame, trading just above the 38.2% Fibonacci retracement level—a technical area often associated with wave 4 corrections in Elliott Wave theory. At the time of writing, XRP is down by more than 2% and is trading at $2.20.
Wave Structure and Support Levels
The ongoing pullback is interpreted as part of a larger wave 4 correction. From this zone, a further upward move is possible, with chances for XRP to form another higher high. However, a deeper retracement cannot be excluded. In the event of another leg down, support between $1.22 and $1.34 would become the next area to watch.
The $1.21 level remains pivotal. A break below this point would significantly weaken the bullish case, suggesting a shift toward a more bearish outlook.
Bullish Prospects and Price Targets
As long as XRP holds above the current upper support levels, the potential for an upward breakout remains on the table. Possible targets in this scenario include $5.00, $5.65, and even $6.60. While speculative discussions have pointed to the possibility of XRP reaching $10 or more, such projections are considered low-probability outliers without clear structural support at this stage. Any extended fifth wave would be unusual and would require strong confirmation.
Short-Term Outlook
XRP has undergone a retracement, with the current price structure appearing unclear and choppy. The recent move up may represent the beginning of a diagonal pattern, following a possible wave 4 low in April.
A minor B-wave correction around April 20 was shallow and may not provide enough structure to confirm the next leg upward. Currently, the price has recovered to approximately $2.16, after briefly dipping below weaker Fibonacci-based support. The more important level to monitor in the short term is $2.12. As long as this level holds, the chances remain for a continuation of the bullish pattern. A break below $2.12 could lead to a reset of the current wave count and signal a larger flat correction.
As Ethereum (ETH), Cardano (ADA), and Rexas Finance (RXS) show themselves as viable rivals for significant price increases, the cryptocurrency market is heating up. As of writing, ETH trades at $2,060, ADA at $0.74, and RXS at $0.20. While Cardano might cost 10x to $7.40, analysts estimate Ethereum could cost 5x to $10,300, and RXS could soar 44x to $8.80 before ETH and ADA. These forecasts draw on changing use cases, previous performance, and steady market trends. Let’s look at the catalysts pushing these pricing targets.
Ethereum (ETH): The 5x Giant of Smart Contracts
With a market capitalization of $248.7 billion and a 120 million coin circulating count, Ethereum remains the major player in decentralized finance (DeFi). With a 5x surge at $2,060, its price would rise to $10,300, increasing its market capital value to $1.24 trillion. Given past highs for Bitcoin exceeding $1 trillion, such a price is reasonable. With a 55% share of the total value locked (TVL) in DeFi, now over $60 billion, Ethereum achieves an average daily trading volume of $15 billion. The network’s great acceptance is reinforced by its daily processing of about 1.5 million transactions.
A possible Bitcoin rally and institutional investment, among other macroeconomic trends, could drive Ethereum’s price even higher. ETH has traditionally witnessed exponential increases during bull runs. Ethereum jumped over 9,000% in 2017; while a 5x gain may appear tiny by comparison, given its market leadership and ongoing development, it is a reasonable forecast.
Cardano (ADA): The 10x Smart Contract Contender
Cardano is valued at $0.74, has a market cap of $26.3 billion, and has 35.5 billion coins in circulation. If ADA’s price increases 10x, it will reach $7.40. This would result in a market cap of $263 billion, which is an extreme figure but not impossible to achieve with a strong surge in altcoins.
Cardano’s ecosystem is quickly expanding with a current DeFi TVL of $300 million and around 1,000 smart contracts deployed. The network handles about 50,000 transactions daily and boasts over 1.2 million wallets. Cardano’s proof-of-stake system provides an energy-efficient substitute for Ethereum and staking payouts (around 3.5% yearly) that draw in investors, making this platform appealing.
The adoption of Cardano in practical applications—especially in Africa—is one of the leading forces behind its possible 10x increase. Beyond DeFi, Cardano is being applied for digital identification solutions, agricultural supply chains, and government contracts.
Cardano must show its capacity to compete with Ethereum and more recent layer-1 solutions like Solana and Avalanche, though, if it is to land a $7.40 valuation. If Cardano effectively scales its ecosystem, attracts more developers, and enhances interoperability, it can achieve a 10x leap.
Rexas Finance (RXS): The 44x Dark Horse in Real-World Asset Tokenization
The underdog with outstanding potential is Rexas Finance (RXS). Pricing at $0.20, RXS is currently in its final presale stage (stage 12) and has attracted approximately $47.6 million from early backers. Analysts estimate RXS might skyrocket 44x to $8.80, one of the most promising altcoins available. Rexas Finance distinguishes itself by emphasizing real-world asset (RWA) tokenization.
This idea uses blockchain-transferable digital tokens from actual objects such as real estate, artwork, and goods. Real-world asset tokenizing has a substantial unrealized potential since the industry is projected to be worth over $400 trillion.
Key tools in RXS’s ecosystem meant to streamline asset tokenization and make it available to both people and companies are Token Builder and Launchpad. By letting investors fractionalize high-value assets, RXS addresses a significant liquidity issue in conventional markets. A 44x spike would need RXS to acquire notable traction, but the coin has a strong basis for quick expansion because presale already shows excellent demand. Should the ecosystem of Ethereum grow and blockchain acceptance in real-world assets quicken, RXS might take the front stage in the sector..
Conclusion
With a solid basis to enable a 5x increase, Ethereum still rules DeFi and smart contracts. With its expanding ecosystem and staking benefits, Cardano may experience a 10x increase should adoption quicken. However, Rexas Finance is the most intriguing choice since the tokenization of actual assets drives a 44x potential.
Ethereum is the better option for investors seeking consistency. Cardano might interest those who accept modest risks in exchange for better rewards. For those looking for the best possible return on investment, Rexas Finance is the altcoin with the most explosive development potential—44x before ETH and ADA. Should the crypto market go through another bull run, RXS might be the breakthrough actor of 2025.
For more information about Rexas Finance (RXS) visit the links below:
The post Ethereum (ETH) Could 5x, Cardano (ADA) Might 10x, but This Altcoin Is Poised for a Much Bigger 44x Surge appeared first on Coinpedia Fintech News
As Ethereum (ETH), Cardano (ADA), and Rexas Finance (RXS) show themselves as viable rivals for significant price increases, the cryptocurrency market is heating up. As of writing, ETH trades at $2,060, ADA at $0.74, and RXS at $0.20. While Cardano might cost 10x to $7.40, analysts estimate Ethereum could cost 5x to $10,300, and RXS …
The fourth biggest cryptocurrency of the market, XRP, is up for a major milestone, as the Chicago Mercantile Exchange group (CME) is set to launch XRP futures on May 19, 2025. CME is the world’s largest derivative market, so this decision could bring a lot of opportunity for the altcoin, especially as the XRP price attempts recovery from the earlier crash. Before CME launches the futures, let’s discuss key details around it.
5 Not-to-Miss Things About CME Group XRP Futures
The official XRP futures launch is just days away, but the hype is rising even now. It is the first ever introduction of the Ripple token on one of the biggest traditional financial systems around the world.
Interestingly, these contracts are cash settled, which means that the users would not actually have to hold XRP. Instead, they would simply bet on the XRP price movement and settle the trade with normal currency (U.S. Dollar).
It will be in two different versions, allowing investors to choose according to their capabilities. One includes the standard CME group XRP futures (XRP), where the contract size is 50,000 XRP per contract. And the other is a Micro one (MXP), having 25,00 XRP per contract.
The latter one is more accessible for the smaller traders. Another thing to note is that the prices will be tracked on CME’s own XRP-Dollar Reference Rate, published at 4 p.m. daily, London time.
The Global Head of Crypto Products at CME, Giovanni Vicios, claims that this decision is made considering the rising institutional and retail demand for the Ripple token product. Recently, Teucrium launched a 2x XRP ETF. Even Robinhood is considering plans to introduce Ripple futures on its platform.
More importantly, this launch is part of the Chicago Mercantile Exchange group’s bigger plan, expanding into more altcoin derivatives.
Why is This CME Group XRP Future Launch a Big Deal?
CME launching Ripple tokens’ futures is the first ever listing of the cryptocurrency on the traditional financial market. However, this is just there’s more to it. The SEC has not approved the XRP ETF due to the regulatory issues with the asset.
Interestingly, experts like Hunt believe CME’s move could strengthen the case for XRP ETF approval, as its influence is huge.
Moreover, Paul Atkins is the new SEC Chairman after Senate approval. So, better events regarding regulatory clarity of the Ripple vs SEC, ETF, and the XRP price are anticipated.
At present, the token trades at $2.20, but investors await the Ripple price hitting $10 amid such bullish cases.
On-chain data shows whales have been accumulating Ether relentlessly in the last few days.
ETH price has to consistently close above $1,687 in the coming days to invalidate the multi-week correction.
Ethereum has continued to bleed to Solana, and the trend is likely to continue in the coming months.
Ethereum (ETH) price followed Bitcoin (BTC) in a bullish outlook on Tuesday, April 22, potentially ending a multi-week market correction. The large-cap altcoin, with a fully diluted valuation of about $205 billion, recorded a 36 percent surge in its 24-hour average trading volume to hover about $20B at the time of this writing.
For the first time since April 6, Ether’s price rallied beyond $1.7k on Tuesday during the mid-North American session.
Ethereum Whales Gradually Returns
According to market data from Intotheblock, Ethereum’s adoption rate has gradually grown, signaling potential decoupling from crazy speculation. The rising tokenization of real-world assets (RWAs) on the Ethereum network has helped increase on-chain activity and attract more whale traders.
On-chain data by Lookonchain shows a whale investor has accumulated 48,477 ETH from crypto exchanges since Feb 15, and is currently sitting on a loss of about $21 million. Meanwhile, cash outflow from U.S. spot Ether ETFs has significantly declined in the past few days, signaling growing market confidence.
Midterm Ether Price Target
For the first time since the second inauguration of U.S. President Donald Trump, Ether price, against the U.S. dollar pierced through the daily falling logarithmic trend. After establishing a robust support level above $1,500 in the past two weeks, Ether’s price is well primed for a market reversal.
From a technical analysis standpoint, the daily MACD indicator is approaching the bullish flippening zone. Meanwhile, the daily Relative Strength Index (RSI) has been forming a bullish divergence and a reversal will be confirmed if the indicator consistently closes above the 50 percent level.
The post Ethereum Price Analysis Today: key Short-term Targets for ETH to Consider Ahead appeared first on Coinpedia Fintech News
On-chain data shows whales have been accumulating Ether relentlessly in the last few days. ETH price has to consistently close above $1,687 in the coming days to invalidate the multi-week correction. Ethereum has continued to bleed to Solana, and the trend is likely to continue in the coming months. Ethereum (ETH) price followed Bitcoin (BTC) …
