Ethereum is preparing for a rapid parabolic upward movement | Egyptian_trader on Binance Square

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Egyptian_trader

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Bullish

Ethereum is preparing for a rapid parabolic upward movement targeting $5,300 at any moment in the coming weeks and will open the way for alt coins. God willing. God knows best!Buy $ENS now!

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ETH

2,510.35

-2.74%

ENS

23.44

-3.14%

2k

0

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I will give you tips and tricks to have better profits with me! 1- Patience, please always be patient when searching for the best opportunity and when thinking about reaping your profits. This market tests how flexible you are. So, disable your emotions completely! 2- I have never closed any position on a loss. So, whenever you see my position is losing, buy it on your personal wallet to get more profits than me! However, if you chose to add more balance to my copying account, I will buy more of the losing coin for you, to get more profits than me! :) 3- Cooling off periods! Always take breaks between your positions to be able to identify "what's next". I'm not a "day trader", I'm just an "opportunity trader". Also, I never buy an overvalued coin or green candles, I buy when the market sells. This is my approach and I will never change it. I will not make profits like futures gamblers, but I will keep your capital and profits safe always!

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Trump made a shocking statement... he intends to cancel the debt ceiling Removing the debt ceiling means that confidence in the dollar will gradually decrease...and there is another alternative coming, supported frankly by Trump and Elon Musk. Yes, everything that is happening confirms to us that Bitcoin is coming and that the current cycle is in its beginnings. Understand the game so you don't regret it ✍️

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Today, the stablecoin $rlusd linked to $xrp will be launched. In this post, I will explain to you my point of view why $xrp cannot be compared to any currency in the market. This analysis should not be used speculatively or to create FOMO, but rather as a long-term view ✍️ RLUSD idea summary: Ripple has announced the launch of a new stablecoin called RLUSD. Its value is equivalent to the dollar, meaning that each unit of currency has a bank reserve equivalent to $1, which gives it greater confidence. ------ What could happen to $xrp It is just an analysis and not based on news Ripple may provide a large portion of the $xrp currency to be used as a bank reserve to ensure the stability of its stable currency price, and thus the supply of the currency for trading will be reduced, thus increasing the demand for $xrp more in exchange for the shortage in supply, which increases its price (in the long run ✋ ) -- Why is RLUSD important? It will help in: International Payments: Facilitates the transfer of money quickly and at low cost. Providing liquidity: Large banks and companies will use RLUSD instead of traditional, expensive methods Especially since the currency received official approval in America. --- What will happen to XRP? When a large amount of XRP is locked: The quantity available in the market is decreasing. This may increase the value of XRP over time due to low supply and increased demand. At the same time, using RLUSD will support the XRP network and increase the confidence of both individuals and institutions in it. --- Expected future: This plan could make Ripple reach a historic market cap that will rival the largest companies listed on the US stock exchange one day.

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$ENS just the beginning!

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