The recent commentary from the Federal Reserve signalling a more crypto-friendly stance has stirred the markets, lifting hopes that leading altcoins like XRP, Ethereum (ETH) and Cardano (ADA) could be on the verge of strong upward momentum. What was once seen as tentative regulatory relief is now being interpreted as a potential catalyst for large-scale accumulation and breakout rallies.
In the wake of the Fed’s remarks, the crypto market appears to be stabilising after a period of uncertainty. For XRP, the token has shown strength over the longer term, yet in the short term it appears oversold and ready for a rebound. Technical signals show that its Relative Strength Index (RSI) rebounded from lows around 30 and the MACD has flattened after a steady decline.
Combined with its formation of a bullish pennant pattern, these elements point to a near-term breakout possibility. Analysts suggest that if momentum aligns, XRP could reach around $3 in the near future, potentially moving toward $5 by year’s end.
Regulatory tailwinds and breakout potential
Ethereum, meanwhile, remains the dominant layer-1 network and is seeing increasing treasury accumulation from public companies. Despite a recent decline of 8% in a week and 14% over two weeks, ETH’s fundamental strength remains intact: its network effects, total value locked, and institutional holdings all point toward latent upside. If sentiment turns positive, a move toward $4,500 mid-November and above $6,000 into the New Year is within the realm of possibility.
Cardano (ADA) has under-performed relative to some peers this year, yet that may work in its favour: still significantly below its all-time high, it has more room to grow. With altcoin ETF launches including ADA on the horizon and its network expansion gaining traction, technical metrics such as RSI and MACD are registering bottom states, preparing the ground for a big rally. Projections suggest ADA might reach $1 by mid-November and possibly $3 by end of December — assuming the broader altcoin market participates.
In sum, the recent regulatory tone shift could serve as the ignition for a renewed altcoin rally. The three tokens highlighted are well positioned: each with its own strengths, they may be ready to explode if favourable conditions align.
