Cardano (ADA), XRP (XRP) Set High Targets as New MemeFi Altcoin YETI Ouro (YETIO) Races Through Presale Gaining Whale Traction

After a bullish 2024, analysts and investors expect the bull rally to continue this year and have set high targets. Many expect Cardano (ADA) to retest its all-time high and set a new record this year after its end-year surge.

After a bullish 2024, cryptocurrency analysts and investors have set their sights on the year ahead, expecting the bull rally to continue and setting high targets for their favorite coins.

Many expect Cardano (ADA) to retest its all-time high and set a new record this year following its end-of-year surge. XRP has also shown bullish momentum, but it's the new MemeFi altcoin Yeti Ouro (YETIO) that's taken the sector by storm as it races through the second stage of its presale, gaining whale traction.

Cardano Price Prediction: New ATH For ADA?

Cardano (ADA) price has surged nearly 25% this week, bouncing back above the key level of $1. This allowed the token to cleanly break above a descending trendline that it's been trading beneath since hitting a new yearly high in early December.

Now, ADA price faces its next key resistance at $1.18, while on the lower end, support for the token is at $0.983, which is its 50-day simple moving average (SMA).

Crucial to ADA's price performance in Q1 this year is the planned Plomin hard fork, which was renamed from Chang hard fork 2.0 in memory of Matthew Leo Plomin, one of the key scientists in the Cardano community. This hard fork will introduce several new features and enhancements to the network.

XRP News

Ripple (XRP) price is showing signs of a bullish reversal, gaining 13% in the past week alone to hit $2.5, which is its highest in the past two weeks. These gains have led XRP to cross the $140 billion mark in market capitalization, flipping USDT to become the third-largest cryptocurrency.

The recent rally saw XRP price breaking out of a symmetrical triangular pattern that it's been stuck in since early December, suggesting an explosive move up in the first few weeks of the year.

Now, the next target for XRP price is at $2.9, and if it manages to break above this level, it could rally to a new local high in January.

Yeti Ouro Price Prediction: YETIO Races Through Presale

Yeti Ouro has been making waves in its ongoing presale, which has already sold 21 million tokens. The Ethereum-based project is currently in the second stage of its presale.

The first stage of the presale sold out in a matter of weeks, with investors snapping up 100 million tokens. In total, Yeti Ouro is aiming to sell 250 million YETIO tokens during the presale.

Yeti Ouro has captured the attention of investors with its unique blend of the adrenaline-pumping fun of gaming and the excitement of memecoins. Through its play-to-earn game Yeti Go, the project enables users to earn as they enjoy one of the most thrilling racing games out there.

On Yeti Go, players participate in a high-stakes battle for survival that demands strategy, skills, and quick reflexes. Players must dodge obstacles and fend off attacks from other players to emerge victorious, which entitles them to a reward, paid out in YETIO.

YETIO also powers other aspects of the game; players pay the race entry fees, purchase weapons and power-ups, and trade items on the in-game marketplace with the token. The token can also be staked to unlock exclusive rewards and special in-game features.

In total, Yeti Ouro has capped the supply of YETIO at one billion tokens, with 50% allocated to the presale and an additional 5% to a token-burning mechanism, which will reduce the supply over time and boost the price.