$SCR Compared to other cryptos with the same supply, I think it can reach peaks of $5 or more at its launch. If this tip helped you, consider sponsoring the channel. 292 755 799
The post Sleeping Giant XRP Started to Wake up From Hibernation-Here’s Where It May Reach In the Upcoming Bull Run appeared first on Coinpedia Fintech News XRP price was largely considered dead as it barely moved regardless of the market dynamics, which varied frequently. The drop in volume and volatility often suggested a significant shift of focus of the market participants onto the other platforms. However, the current trend suggests the price is about to make a large move as it has broken a 2-month accumulation period. The upcoming price action is expected to circulate bullish waves across the market, but the question arises: will the XRP price reach $1 before the end of 2024? The XRP price has remained within a bullish range, even though the price failed to demonstrate giant moves similar to the other tokens. The token is testing the upper resistance of the descending trend line, which has been acting as a strong resistance since the time it faced rejection after hitting the highs in 2021. Interestingly, the price has followed a similar pattern since its inception, and if a similar outcome occurs, the XRP price may set a new ATH in 2025. In the long-term chart displayed above, the XRP price appears to be preparing for a massive move as it is about to close the monthly trade on a bullish note. It has been following a trend wherein the trade begins by a breakout from the multi-year descending pattern, which further elevated the price towards new highs. The monthly RSI has risen above the average range above 51 for the first time in 2024, which is believed to trigger a fresh ascending trend hereafter. Secondly, the Bollinger bands have been going parallel to each other regardless of being in the same position for nearly a year. This suggests the XRP price is believed to trigger a fine ascending trend if it manages to close the monthly trade above the triangle. , hinting towards the formation of a new ATH above $3.5 in 2025.
#XRP #binanceweek The XRP community is excited after a tweet from digital currency platform Uphold suggesting that XRP could reach an incredible price level! This prediction has created both excitement and skepticism in the crypto world. The tweet included the words, “XRP is reaching $1,000. What are you going to tweet?” and sparked a huge debate. So, is $1,000 really possible for XRP? Let’s see what the experts say! Is $1,000 XRP Price Realistic? Here's What Experts Say XRP is currently trading around $0.60, up 3.6% in the past week and 11% in the past month. Despite this strong performance, however, the digital asset is still far short of its all-time high. The excitement around XRP began when financial blog WallStreetBulls predicted that XRP could reach $1,000. “XRP reaching $1,000 is no longer a pipe dream; it could happen in a matter of months,” the blog wrote. This prediction has been supported by figures like Crypto Tank, who have highlighted XRP’s role in the global financial system. However, critics argue that this seems impossible under current market conditions, noting that the market cap would need to increase by $100 trillion for such a price to occur. Factors That Could Drive XRP Higher While the $1,000 target seems ambitious, there are many factors that could drive XRP’s growth. Market sentiment, technological innovations, and institutional investments are among the key factors that influence crypto prices. Cross-border transactions and deeper integration with interbank systems could be critical for XRP. Ripple partner SBI Holdings’ involvement in joint projects with the Bank for International Settlements (BIS) and various central banks paints an optimistic picture for XRP’s future role. While SWIFT’s current system is criticized for its speed and cost, RippleNet stands out as an attractive alternative by offering fast transaction resolutions and low costs. Analyst Crypto Tank suggests that if XRP catches up to even 10% of SWIFT’s daily trading volume, its price could reach $100.
#BTC☀ "#Bitcoin❗ is currently trading around $65,893 and has been forming a parallel channel since March 2024. While it's impossible to predict whether the price will break out or drop, some technical analysis suggests that #bitcoin☀️ is now nearing the upper boundary of the channel. If the price breaks out of the channel with strong volume, there’s a good chance it could retest the all-time high supply zone or resistance at R1: $73,652.87, as shown in the chart. However, if the price stays within the channel, we might see it move downward, with the first support at S1: $63,054.78, followed by S2: $57,935.98 and S3: $53,826.51. You can use these levels for your own trading strategy, whether you’re looking to go long or short. Remember, my analysis is just for ideas, and you should always base your decisions on your own research. Hopefully, this gives you some valuable insights for your next Bitcoin trade!"
$XRP : A Major Player in Cross-Border PaymentsNext on the list is #XRP , a token that has long been a staple in the world of cross-border payments. As the native currency of Ripple, XRP is used to facilitate fast, low-cost international money transfers, making it a crucial tool for financial institutions worldwide. XRP’s ongoing legal battles with the U.S. Securities and Exchange Commission (SEC) have caused volatility, but as the dust settles, many analysts believe that XRP is poised for a major comeback in 2024.XRP’s use case as a bridge currency for financial institutions gives it real-world utility, which is a key reason why it has maintained its position in the top tier of cryptocurrencies. As regulatory clarity improves, investors are expecting XRP to experience significant price appreciation in the coming year$XRP
$XRP : A Major Player in Cross-Border PaymentsNext on the list is #XRP , a token that has long been a staple in the world of cross-border payments. As the native currency of Ripple, XRP is used to facilitate fast, low-cost international money transfers, making it a crucial tool for financial institutions worldwide. XRP’s ongoing legal battles with the U.S. Securities and Exchange Commission (SEC) have caused volatility, but as the dust settles, many analysts believe that XRP is poised for a major comeback in 2024.XRP’s use case as a bridge currency for financial institutions gives it real-world utility, which is a key reason why it has maintained its position in the top tier of cryptocurrencies. As regulatory clarity improves, investors are expecting XRP to experience significant price appreciation in the coming year
Think about it: a $5 billion market cap is no small feat. To put things in perspective, if you could donate $5 billion to charity, you’d be considered a hero. Yet, when the market started to waver, many acted like they were holding onto pocket change, eager to sell at the first sign of trouble. In reality, they missed out on potentially massive gains that could’ve transformed their portfolios.
Now, imagine what those who held on through the chaos are looking at right now. Those who stayed calm saw the potential in $HMSTR—because investing isn’t about panic-selling when things get turbulent. It’s about having the foresight, strategy, and patience to ride out the waves. The market rewards the long-term thinkers, the ones who keep their eyes on the prize instead of jumping at every minor dip.
Let’s break it down👇 🔹 2011-2013 Cycle 🔹 2014-2017 Cycle 🔹 2018-2021 Cycle So far, each one has been almost identical in patterns. 📊 🔹 2022-2024 is showing similarities to these past cycles. If you’re bearish now, you’re betting against 13 years of history. 😬 I, on the other hand, am betting on a parabolic run! 🎯 Good luck to the bears, but history seems to favor the bulls! 🚀 #Bitcoin #CryptoCycles #BTC #Bullish #ParabolicRun
The Hamster Kombat airdrop, which launched on September 26, 2024, was highly anticipated but ended up disappointing many in the crypto community. Here’s why it’s being called one of the worst airdrops in crypto history:
1. Unfair reward distribution 🔹 Many participants were disqualified shortly before the airdrop due to a sudden “anti-cheat” system.
🔹 Regular players were banned while influencers received a significant portion of the tokens, causing outrage.
2. Frequent postponements and rule changes 🔹 Initially planned for July 2024, the airdrop was postponed due to technical issues.
🔹 Shortly before the event, the team announced that participants would only receive 88.75% of their tokens, with the remainder locked until July 2025.
3. Low listing price of HMSTR token 🔹 The token launched at $$ 0.01 but quickly dropped to $$ 0.0019, disappointing investors who were expecting higher returns.
🔹 Many blamed influencers for exaggerating the potential value of the token.
4. Issues with HMSTR token sale
🔹 Participants only earned a few dollars worth of tokens despite months of playing.
🔹 Small balances make it difficult for users to sell their tokens, especially on exchanges like Binance, where a minimum of $$ 5 is required for transactions
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