🎉 #Gate Alpha 3rd Points Carnival & ES Launchpool# Joint Promotion Task is Now Live!
Total Prize Pool: 1,250 $ES
This campaign aims to promote the Eclipse ($ES) Launchpool and Alpha Phase 11: $ES Special Event.
📄 For details, please refer to:
Launchpool Announcement: https://www.gate.com/zh/announcements/article/46134
Alpha Phase 11 Announcement: https://www.gate.com/zh/announcements/article/46137
🧩 [Task Details]
Create content around the Launchpool and Alpha Phase 11 campaign and include a screenshot of your participation.
📸 [How to Participate]
1️⃣ Post with the hashtag #Gate Alpha 3rd
XRP, ADA, DOGE: Here's How They Can Surge by Double Digits
TL;DR
Let’s begin with the world’s fourth-largest cryptocurrency. It has been trading sideways for months, with a few unsuccessful breakout attempts in both directions. However, it has gained over 6% in the past week and even challenged $2.3 yesterday.
Although it failed there and was driven south to $2.24 as of press time, Ali Martinez outlined a scenario in which XRP can finally break through its consolidation range and shoot up to $2.65. To do so, though, it needs to validate the inverse head and shoulders pattern with a price close above $2.32.
The analyst believes the OG meme coin has even more growth potential. Dogecoin’s ability to remain north of $0.16 paves the way for a price surge to $0.24, which would represent a 50% price pump if it materializes.
Lastly, Martinez touched upon Cardano’s native token, which appears to be in the most unfavorable position. This is because it currently trades at $0.58 after a retracement on a daily scale, and it needs to stage a 15% surge to climb to Martinez’s rally-starting point of $0.67.
Only then, the analyst noted, ADA can skyrocket further by another 25-35% to reach the aforementioned targets of up to $0.91.