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Which Will Reach Its Peak First?
Ripple’s XRP token and Cardano (ADA) had quite a bullish start to the year. XRP breached the $3 mark for the first time in seven years earlier this year. ADA hit the $1 mark for the first time since 2022. Despite the rally, both assets have faced a substantial price correction over the last month.
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XRP And Cardano Battle Market Forces
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The crypto market made a slight recovery over the last weekend. Bitcoin (BTC) reclaimed the $83,000 mark after briefly falling below $80,000. Ripple’s XRP token and Cardano (ADA) followed BTC’s path into the red zone.
Which Asset Will Hit An All-Time High First?
XRP is down by 32.5% from its all-time high of $3.40. ADA, on the other hand, is down by 77.1% from its peak of $3.09. ADA has a lot more ground to cover to reclaim its all-time high price level.
According to CoinCodex, XRP will hit a new all-time high of $4.22 on Apr. 15 of this year. XRP’s price will rally by 84.28% if it hits the $4.22 target.
According to CoinCodex’s estimates, Ripple’s XRP token will hit an all-time high sooner than Cardano (ADA).