Cryptocurrency Price Forecast: Ripple, Ethereum, and Avalanche Analysis on September 16
Ripple’s XRP has made a return to the commission-free exchange Robinhood, as confirmed on the platform’s official website. While users can currently view the XRP price chart, the altcoin is not yet available for trading.
Ethereum has been a focal point for crypto traders, maintaining a trading range between $2,000 and $4,000 throughout 2024. Despite institutional demand from the Spot Ethereum ETF, the second-largest altcoin has yet to see significant gains.
Avalanche (AVAX) is targeting a $30 price point, with a potential 20% rally on the horizon. Data from IntoTheBlock indicates a decrease in the profitability of active addresses and overall wallet addresses holding AVAX, alongside positive technical indicators, suggesting potential gains for the DeFi token.
It’s important to note that all information provided contains forward-looking statements and should be used for informational purposes only. It is advisable to conduct thorough research before making any investment decisions, as investing in open markets carries inherent risks.
The views expressed in this article are solely those of the authors and do not necessarily reflect the official stance of the platform. The authors and the platform are not registered investment advisors, and the content should not be construed as personalized investment advice.
