#Ripple CEO predicts crypto market will double in size to $ | BeyOglu - The Analyst on Binance Square

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BeyOglu - The Analyst

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Bullish

#Ripple  CEO predicts crypto market will double in size to $5 trillion by the end of 2024
#beyoglu 

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XRP hits a crucial crossroads Ripple’s XRP is at a crucial juncture, testing the 50-day EMA, a support trendline connected by June 23 and August 3 lows, and the 38.2% Fibonacci retracement level, which is drawn from the June 22 low of $1.90 and the July 18 peak of $3.66, at $2.99. A decisive close below the support junction could extend the decline to the 50% retracement level at $2.78, with bears targeting the 100-day EMA at $2.72. The MACD and its signal line continue to decline, approaching the zero line. A wave of red histogram bars from the same line indicates rising bearish momentum. The RSI at 46 slopes downward, crossing below the midpoint line. This indicates increasing bearish momentum, with further room for correction. Looking up, XRP could bounce back from the support zone to retest the $3.34 resistance, last tested on Thursday.

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#Crypto market update. - Bitcoin $BTC drops below the $115,000 level, risking the loss of the 50-day EMA. - #Ethereum $ETH descends within a rising channel, with bears targeting the $4,000 psychological level. - Ripple’s $XRP dangles at the $3.00 psychological support amid mounting selling pressure. #ETHInstitutionalFlows

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which coin you are buying today ??? My plan are still same to accumulate more and more $ADA and $DOT . LTC and SOL are also offering discounts, i see these four as gem. #MarketPullback

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