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Finbold

02/29/2024

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3 cryptocurrencies under $5 to buy next week

As a particularly bullish week for the majority of assets in the cryptocurrency market is drawing to its end, some of them represent a particularly lucrative opportunity to buy next week, especially as they...

3 cryptocurrencies under $5 to buy next week

As a particularly bullish week for the majority of assets in the cryptocurrency market is drawing to its end, some of them represent a particularly lucrative opportunity to buy next week, especially as they are still trading under a low entry price of $5 apiece.

In this context, Finbold has identified a list of several such crypto opportunities that currently cost less than five dollars per wholecoin but might be among the most optimal purchase choices for crypto traders and investors looking to enrich their portfolios in the coming week.

#1 Fetch.ai (FET)

To begin, Fetch.ai (FET) seems to have won the battle against ‘fear, uncertainty, doubt’ (FUD) with the formation of three bullish waves in a row amid an ascending trend that could see it soar above $1 amid positive sentiment in the crypto market and a renewed interest in artificial intelligence (AI).

Picks for you

As things stand, the price of Fetch.ai’s token currently amounts to $1.4896, which means it has advanced by 15.44% on its daily chart, increasing 24.11% in the previous seven days, as well as making an impressive rally of 139.79% over the past month, as the latest charts indicate.

Fetch.ai 7-day price chart. Source: Finbold

#2 Cardano (ADA)

Furthermore, the native token of the popular blockchain and crypto project Cardano (ADA) is preparing for a massive rally as it is demonstrating bullish chart patterns and has recorded a significant increase in the number of new crypto wallets on its network.

At press time, Cardano was changing hands at the price of $0.6811, suggesting a 4.83% gain in the last 24 hours, as well as advancing 14.38% on its weekly chart and adding up to the accumulated advance of 30.49% over the past 30 days, as per the latest information.

Cardano 7-day price chart. Source: Finbold

#3 XRP (XRP)

Finally, XRP, the token at the center of a court standoff between the United States Securities and Exchange Commission (SEC) and blockchain company Ripple over its issuance, could be looking at a rally toward $1, based on its closure above the daily Ichimoku Clouds and with a bullish hammer.

Presently, the XRP token is trading at the price of $0.6077, which suggests an increase of 1.64% on the day, an 11.70% gain across the previous week, and a growth of 15.64% on its monthly chart, according to the most recent data retrieved by Finbold on February 29.

XRP 7-day price chart. Source: Finbold

Conclusion

Overall, the above crypto assets represent a good buying opportunity in the week to come, as long as they retain their bullish momentum and no outside or inside developments affect it negatively, which is why it is important to keep up with the news and carry out one’s own research before investing.

Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.

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Disclaimer: Cardano Feed is a Decentralized News Aggregator that enables journalists, influencers, editors, publishers, websites and community members to share news about the Cardano Ecosystem. User must always do their own research and none of those articles are financial advices. The content is for informational purposes only and does not necessarily reflect our opinion.


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