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As the larger part of the cryptoverse has been making advances unseen for years, some of its assets currently represent better investment opportunities than others and some of those are still priced in cents, promising future gains that could lead them to surpass the coveted $1 mark.
With this in mind, Finbold has scoured the crypto market for such assets that could, indeed, erase the one zero in their price and move into the ‘priced in dollars’ area out of the ‘cent’ zone and further away from the ‘penny’ category during the month of March.
#1 Decentraland (MANA)
One digital asset that might do this is Decentraland (MANA), a metaverse platform that allows users to purchase land plots they can monetize and which is “just coming out of its ‘depression’ phase” and is demonstrating “plenty of upside potential,” as crypto trading expert Ali Martinez recently pointed out.
According to the most recent charts, MANA is changing hands at the price of $0.6737, suggesting an increase of 4.86% on the day, adding up to the weekly gain of 12.73%, as well as the more significant advance of 53.83% across the past month.
#2 Cardano (ADA)
Next is Cardano (ADA), the native token of a popular proof-of-stake (PoS) platform, which seems to be mimicking its previous bullish cycle and, should its positive moves continue, could be looking at a parabolic run not just to $1 but perhaps even further toward double digits, as Martinez also observed.
Meanwhile, Cardano was at press time trading at $0.73325, down 1.22% in the last 24 hours but still holding onto the 6.23% gain across the previous seven days and adding 47.66% to its price over the past month, as per the latest data retrieved on March 7.
#3 XRP (XRP)
Finally, XRP seems to be on the way toward $1 as it has met all the targets set by crypto analyst Dark Defender, who has just predicted the “awakening of 6 years” for the token that is demonstrating strong indicators, including relative strength index (RSI) and moving average convergence divergence (MACD).
At the moment, the price of XRP amounts to $0.62414, which represents a 1.22% advance on its daily chart, while making a slightly stronger move of 4.94% to the upside in the last week and pushing 24.06% across the previous 30 days, as per the most recent information.
Conclusion
Overall, the above cryptocurrencies might reach the price of $1 this month, provided they retain their bullish momentum and positive sentiment through multiple indicators. However, it is critical to carry out one’s own research before investing a more significant portion of money into any asset.
Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.