Cryptocurrency price forecasts for October 8th: XRP, Cardano, and Pepe.

XRP, Cardano, and Pepe Outlook

Despite recent dips following Bitcoin's surge, XRP, Cardano, and Pepe remain in oversold zones, suggesting a potential rebound is imminent. XRP anticipates multiple ETF launches, which should drive institutional demand. Cardano benefits from inclusion in the Grayscale multi-crypto ETF, and Pepe's chart shows signs of an impending reversal after a prolonged descending channel.

Key Technical Indicators

XRP’s technical indicators (RSI and MACD) suggest a rally is overdue and could reach $3.50 quickly, with potential to exceed $5 by year-end. Cardano's chart indicates a potential move upwards within a pennant formation and could reach $1 in the coming weeks before potentially reaching $4+ by December. Pepe could reach $0.00002 by November, with the year ending near $0.00005.

Emerging Cryptocurrency: Pepenode

A new mine-to-earn cryptocurrency, Pepenode ($PEPENODE), recently launched a presale raising over $1.7 million. This project allows users to build virtual mining rigs by owning nodes, rewarded with meme tokens. Pepenode also offers staking opportunities with a high APY, making it a potentially lucrative investment, currently selling at $0.0010918.