Crypto Price Prediction Today 8 October – Xrp, Cardano, Pepe

What Happened

Despite these losses, XRP’s fundamental position is still bullish, with the coin looking forward to the launch of numerous XRP ETFs in the next few weeks.

On top of this, Ripple’s growth in recent months – via acquisitions, partnerships and expansions – has also boosted the case for XRP, which will benefit from the growth in Ripple’s cross-border payments business.

As such, a rally is well overdue, and once the first XRP ETFs begin to launch, the coin’s price could rise to $3.50 very quickly.

Market Context

The market has seen some profit-taking today, but the crypto price prediction for XRP, Cardano, and Pepe remains firmly bullish.

In this article, we break down the technical outlook for each – and at the end, reveal one early-stage, low-cap gem currently in presale that could explode once it hits exchanges.

Crypto Price Prediction: XRP ($XRP) – Incoming ETFs and Dip Provide Conditions for Massive Rebound

These will drive institutional demand to XRP, boosting its price in the way ETFs have boosted Bitcoin and Ethereum.

Crypto Price Prediction: Cardano ($ADA) – Grayscale ETF Could Help Altcoin Reach New Highs

Cardano has fallen by 4% in the past 24 hours, while its current price of $0.8248 represents a 2% loss in the last 30 days.

ADA has also been trading with a pennant, which is now converging to a point where the altcoin may make a big move, potentially upwards.

And longer term, Cardano’s status as a major layer-one network should help the ADA price to continue rising.

Crypto Price Prediction: Pepe ($PEPE) – Overselling and Whale Accumulation Point to Incoming Rebound

Why It Matters

It could then go on to finish the year above $5, as part of a longer term climb towards $10.

These may be disappointing percentages, but Cardano is another major token that has been sitting in an oversold position for too long.

It could reach $1 in the next few weeks, before reaching $4+ by December.

Details

Each of these tokens has dipped over the past 24 hours and week, giving back some momentum after Bitcoin surged to a new all-time high of $126,000.

Yet all three are still sitting in oversold zones, setting the stage for a strong rebound in the days ahead.

XRP has fallen again today, with its drop to $2.87 making for a 3% fall in 24 hours and a 2% drop in a week.

And if we look at its chart, we see that it’s still in the position of waiting for a breakout.

Its RSI (yellow) and MACD (orange, blue) are both in middling positions, having been negative for most of the period since late July.

And while it doesn’t boast as many upcoming ETFs as XRP or Solana, for example, the Grayscale multi-crypto ETF will include the altcoin, something which should help it rise over the coming weeks.

Its chart today also features indicators that have been subdued for a couple of months, again implying that a rally should be arriving sooner or later.

Pepe is one of the biggest losers today among top-100 tokens, having dropped by 6%.

And at $0.000009353, it also happens to be down by 8% in a month and by 3% in the past year.