Ripple (XRP): Unlimited potential after breaking through the new high
Ripple's recent performance in the market is also remarkable. It has successfully broken through the historical high and presents a classic double bottom structure. This pattern is regarded as a strong upward signal in technical analysis, just like a rocket has completed the preparations before ignition and may take off at any time.
If Ripple's price can fall back to the range of 2.6-2.8 US dollars, it will undoubtedly be an excellent buying point in the favorable environment of SCC reducing regulatory pressure. Once you seize this opportunity to buy, the subsequent upward potential is huge, and it is expected to bring considerable returns to investors.
Investment summary and outlook
Looking forward to the next two weeks, both Bitcoin and Ripple have shown unique investment opportunities.
Bitcoin is expected to create new highs driven by various favorable factors. Investors should seize the key callback range, reasonably accumulate spot in batches, and greet the future upward trend with a steady attitude. After breaking through the new high, Ripple is expected to continue to write a legend of rising with its classic technical form and favorable regulatory environment. Although the market will inevitably fluctuate in the short term, in the long run, factors such as the continued inflow of institutional funds have provided solid support for the crypto asset market.
However, investment is always accompanied by risks. Investors must be cautious when operating, pay close attention to market trends, and seize every suitable investment opportunity to reap ideal returns in this crypto asset market full of opportunities and challenges. #BTC重回10万 #Xrp🔥🔥
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