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The cryptocurrency market continues to exhibit strong signs of growth and optimism, as evidenced by its growing market share. This technical indicator highlights widespread bullish sentiment across the sector, highlighting the increasing number of digital assets moving in sync with Bitcoin’s recent rally. Amid this positive market trend, Ethereum (ETH) and Ripple (XRP) stand out, benefiting from the market’s widening movements, but their prices remain at their “fair” levels
At the emerging end of the spectrum, ScapesMania (MANIA) is poised to take its place in the market. Having undergone a successful pre-sale, the asset’s innovative approach to integration with the gaming industry has attracted the attention of investors looking for new opportunities.
Will reasonable prices be found for Ethereum (ETH) and Ripple (XRP)? Should it instead focus on promising initiatives like ScapesMania (MANIA)? Do established cryptocurrencies have a chance to catch up with a pre-sale coin? Discover the answer by reading our text.
Summary
- ScapesMania (MANIA) It stands out with its unique gaming industry integration and strong pre-sales performance.
- Ethereum (ETH)is showing signs of a steady climb, with market data pointing to sustained interest and a steady upward trend.
- Ripple (XRP)is approaching a key milestone with the launch of Evernode, which could impact its market position and valuation.
ScapesMania (MANIA) Reveals: The Rising Altcoin
Many crypto experts choose ScapesMania as the best new project of 2023 and beyond. It manages to differentiate itself from the competition by offering owners multiple income streams and the potential for a high return on investment during pre-sale.
Companies and individual investors looking for quick potential gains should definitely not ignore ScapesMania’s offer. Once the pre-sale ends, the price will rise, securing potential returns in the range of 400-500%. Currently, the coin offers a discount of close to 85% and plans to end this discount very soon.
Examining ScapesMania’s tokenomics and other characteristics, it appears that it is the best altcoin to hold right now. The innovative premise of the games, impressive pre-sale figures, $150,000 giveaway, endless social media excitement and other positive aspects can guarantee that ScapesMania will continue its winning journey, so it makes sense to get involved as soon as possible.
>> Join the Discounted Pre-Sale on the Official Site <<<
Ethereum (ETH): Difficult to Predict the Path Ahead
Ethereum (ETH) managed to attract attention by surpassing the $ 1,870 resistance in recent days. This rise is seen as a sign of a rally towards the $2,000 target. Increasing token burns and network usage are increasing Ethereum’s momentum. Past buying trends also suggest a potential recovery to $2,000. However, the crypto market is risky, so one must be careful and follow the market.
The price range for Ethereum (ETH) is between $1603 and $1946. The 10-day moving average is at $1801, while the 100-day moving average is at $1693. Support levels were determined at $1047 and $1390, while resistance levels were determined at $2078 and $2421.
The Ethereum (ETH) network has been recording a steady increase in total fees from daily transactions since August. This increase indicates that more transactions are being processed and is generally considered a bullish sign. The Shappela update in April 2023 switched Ethereum to the Proof of Stake protocol, introducing a deflationary mechanism where a large portion of the Ethereum (ETH) Gas fee is burned on a daily basis. However, we must always consider the possibility of pullbacks, especially if selling is triggered.
Ripple (XRP): New Horizon with the Launch of Evernode
Things are looking up with the upcoming launch of Evernode, a Layer-2 smart contract solution based on Ripple (XRP) Ledger. This development comes on the heels of the successful launch of the Xahau Network and the activation of the Hooks functionality, which paved the way for the existence of Evernode.
Ripple (XRP) price fluctuates between $0.509 and $0.655. The 10-Day Moving Average is around $0.574 and the 100-Day Moving Average is around $0.546. Support levels are set at $0.272 and $0.418, while resistance levels are set at $0.710 and $0.857.
Evernode announced a target launch date of November 27, 2023. Post-launch, an airdrop is planned for Ripple (XRP) holders, and Evernode’s proposed native currency, Evers, has been reserved for this airdrop. In one snapshot, it is planned to distribute a total of 5,160,960 Evers to XRP holders who hold 50,000 Ripple (XRP) on XRPL (Ripple Ledger) and create a corresponding r-address on Xahau. The launch of Evernode and the anticipation of this airdrop could positively impact the price of Ripple (XRP). The launch of a new smart contract platform and planned airdrop could lead to increased interest and activity in Ripple (XRP). However, since the crypto market is often volatile, it is important for investors to be careful and keep up to date.
Conclusion
The cryptocurrency market is exhibiting a solid growth pattern and positive outlook, with a wide range of assets adjusting to Bitcoin’s positive movement. While Ethereum (ETH) indicators point to a steady increase, Ripple (XRP) is preparing for a new era with the Evernode project that will potentially affect its effectiveness in the market.
ScapesMania (MANIA) is starting to show its presence with the intense interest in its first offering and its approach to the gaming industry. As exciting as the project seems, and as it is likely to experience shocking growth, it would be wise to choose it over the better-known coin.
Site: https://scapesmania.io/
Twitter: https://twitter.com/ScapesMania
Telegram: https://t.me/scapesmania