A crucial date for cryptocurrencies is fast approaching as Trump prepares to take office. Discussions are already underway about halting non-fraudulent crypto cases and issuing supportive decrees for cryptocurrencies. Additionally, a crypto-friendly SEC is expected to make decisions on several pending ETFs. What are the predictions for ADA and XLM Coins?
ADA Coin and XLM Insights
Despite being older cryptocurrencies, ADA and XLM have managed to survive, showcasing their substantial market values. The list of the top 100 cryptocurrencies frequently changes throughout the year, with some disappearing for good.
A market analyst under the pseudonym Altcoin Sherpa shared predictions today, highlighting ADA Coin and XLM Coin. The analyst noted that ADA is nearing its previous peaks from 2017-2018 and believes that as long as other major coins continue to thrive, ADA will also keep moving positively.
“ADA, during the last cycle in 2021, nearly reached previous ADABTC peaks. The chart looks strong, and I believe it will continue to move positively as long as other major coins do.”
The recent rise of XRP has excited investors of other major altcoins, despite ETH languishing around $3,300. Altcoin Sherpa argues that XLM may benefit from XRP’s upward movement.
Timing for Selling Bitcoin Appears Poor
Crypto Rover agrees that now may not be the best time to sell Bitcoin 
$80,755. Current market conditions resemble those leading up to ETF approvals, which generated high expectations but didn’t result in overwhelming celebrations. However, major movements often follow the anticipation created by ETF approvals.
If Trump continues to appoint crypto-friendly figures, we can expect to hear a lot of positive news in the near future.
