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3 cryptocurrencies under $1 to buy next week

source-logo  finbold.com 26 April 2024 11:29, UTC

With another week in the cryptocurrency sector closing with cautiously bullish sentiment, some of its assets, which are still available under the low entry price of $1 per wholecoin, represent a better buying opportunity than others for the week to come.

In this context, Finbold has analyzed the market to arrive at the list of three digital assets that currently cost less than a dollar apiece but might be among the most sound investment decisions for crypto traders and investors looking to grow their portfolios.

#1 XRP (XRP)

As the first on the list, XRP (XRP) seems to be looking at a bright future, considering it is currently mimicking its trajectory from 2021, which had pushed it toward $1.80 at the time, but also presenting with a possibility of hitting $4 by July, as per crypto analyst Egrag Crypto.

For now, the price of XRP stands at $0.5244, which indicates a 1.03% gain in the last 24 hours, an increase of 4.98% across the previous seven days, while reversing the loss of 15.24% from over the past month, according to the latest information.

#2 Rubic (RBC)

Meanwhile, the native token of a multi-chain swap crypto protocol, Rubic (RBC), has formed an ascending triangle on its 3-day chart, which could spark a 70% surge, according to the observations shared by professional crypto trader Ali Martinez in an X post on April 25.

At press time, however, Rubic was changing hands at $0.03103, recording a 1.44% decline on the day, losing 8.87% over the week, and accumulating a drop of 4.95% on its monthly chart, as per the most recent price data retrieved by Finbold on April 26.

#3 Hedera (HBAR)

Finally, Hedera (HBAR), the native token of the enterprise-grade public blockchain for decentralized economy and creation of decentralized applications (dApps), could make a dramatic rise soon, according to the optimistic forecast by pseudonymous crypto expert CrediBULL Crypto.

Presently, Hedera is trading at the price of $0.1145, gaining 4.30% on its daily chart and making an impressive weekly advance of 38.72%, as it minimizes to a mere 0.08% the loss accumulated over the past 30 days, as the latest chart data suggests.

Conclusion

All things considered, the above cryptocurrencies that are for now trading below the $1 price level might be a good investment for the next week, but it is important to remember that things in this sector can sometimes change on a whim, so doing one’s own research is critical.

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

finbold.com