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Coin Supply vs Listing Price 📊 This guide by Sheraz Ahmed Shafaat shows how coin supply can impact initial listing prices. 💡 Key takeaways: Larger supply = lower initial price Market conditions also play a role Example: A token with 1 billion supply might list at $1, while one with 100 billion could be $0.001. Want to estimate a project's potential price? Use this table as a starting point. 📈 #coinsupply #listingprice #notfinancialadvise #HMSTR #Top_Gainers
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TLDR Provide a list of crypto coins that have the potential to increase in value by 100x or more during the 2024-2025 bull run, while emphasizing the importance of conducting thorough research and not considering the information as financial advice.
Key insights
💰The speaker suggests that buying BTC and Ethereum is a safe investment for the next bull run, with the potential for 100x gains.
💼XRP is recommended to be added to your portfolio as it is predicted to perform well in the future.
Super Bullish Ripple (XRP) Price Prediction for 2024:
“I trust XRP to continue between $5.85 – $18.22 right after closing above the $1.88 Fibonacci target,” Dark Defender stated.
TL;DR
XRP surpassed $0.62, its highest since August, and remains bullish despite a slight drop to around $0.60, with positive market sentiment.
Analyst Dark Defender predicts a potential rally to $0.66 by week’s end, with an optimistic long-term forecast of reaching $18.22 if it surpasses the $1.88 Fibonacci level.
A more conservative prediction from analyst CrediBull sees XRP potentially rising to $0.90 by the summer of 2024, provided it maintains above the $0.40-$0.50 support zone.
XRP to Skyrocket by 3,000%?
Ripple’s native token – XRP – recently surpassed the $0.62 level (for the first time since August) and has been among the best-performing crypto assets in the past several weeks. Despite today’s slight plunge to approximately $0.60 (per CoinGecko’s data), the overall sentiment surrounding the coin remains bullish.
One popular analyst, using the X (Twitter) handle Dark Defender, believes XRP is poised for a rally toward $0.66 by the end of this week and a further explosion in the following months. They think its uptrend could continue all the way to $18.22, assuming it closes above the $1.88 Fibonacci target, which was set as “a short-term target.”
“We have one mid-level resistance @ $1.05 after eliminating $0.66. I don’t think XRP will stay long around the $1 level since the Sub-Wave 3 has 3 main targets: $1.88, $5.85 & $18.22 Par/SAR indicator is expected to turn green soon, which will add volume to the move. We are above Ichimoku in the weekly, which is positive,” the analyst surmised.
💎Paradisers, get set for a promising opportunity with XRPUSDT as it faces a setback from the supply zone, suggesting a strong chance for a bullish rebound from the demand level.
💎Historically, we've seen supply transform into demand, propelling the price upward. Currently, after a rejection at the .6237 supply zone, there's a strong chance for a bullish pivot from the .5794 demand level.
💎There's also a possibility of a bullish turn from the .5575 demand level. The asset's robust position above the ema55 is signaling a potential uptick.
💎 On the flip side, should the price dip below the .5575 demand level, we could see a shift towards a bearish trend. Keep a close eye on these levels and plan your strategy with these dynamics in mind.