onerom06
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$BNB What will be the price of BNB in 2025?
Analysts predict that BNB will experience renewed growth in 2025, with the potential for strong market performance. While volatility is expected, the overall trend seems positive. As the year progresses, BNB is expected to gradually increase its value, reaching approximately €1481.39 by the end of 2025.
Analysts predict that BNB will experience renewed growth in 2025, with the potential for strong market performance. While volatility is expected, the overall trend seems positive. As the year progresses, BNB is expected to gradually increase its value, reaching approximately €1481.39 by the end of 2025.
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##Xrp🔥🔥 An analyst identifies a potential 800% rise based on the Fibonacci structure
Amid the bearish sentiment, market analyst Javon Marks claims that XRP may be positioned for a substantial move based on historical chart patterns and Fibonacci levels. The analyst has identified a bullish continuation formation. It aligns with the triangular setup observed between 2014 and 2017.
During that period, XRP consolidated before breaking to $3.31. It is a price movement that coincided with the Fibonacci level 1.0.
Marks sees a similar structure developing between 2018 and 2023, with a breakout expected in early 2024. After that breakout, XRP would revisit the $3.31 level, matching the outcome of the previous cycle.
As the analyst explains in the current chart, XRP has moved beyond the multi-year triangle. This movement places it on track to reach the Fibonacci level 1.618 at $21.34.
Amid the bearish sentiment, market analyst Javon Marks claims that XRP may be positioned for a substantial move based on historical chart patterns and Fibonacci levels. The analyst has identified a bullish continuation formation. It aligns with the triangular setup observed between 2014 and 2017.
During that period, XRP consolidated before breaking to $3.31. It is a price movement that coincided with the Fibonacci level 1.0.
Marks sees a similar structure developing between 2018 and 2023, with a breakout expected in early 2024. After that breakout, XRP would revisit the $3.31 level, matching the outcome of the previous cycle.
As the analyst explains in the current chart, XRP has moved beyond the multi-year triangle. This movement places it on track to reach the Fibonacci level 1.618 at $21.34.
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#Xrp🔥🔥 Key Ideas
The price of XRP could experience an 800% increase to 21 $ if the historical chart patterns based on Fibonacci repeat in this cycle.
A breakout above the resistance of 2.80 $ could trigger the next bullish phase of XRP and reflect the legendary breakout setup of the altcoin in 2017.
Despite the bullish projections, XRP struggles to maintain upward momentum, reflecting the current market hesitation and resistance pressure.
The price of XRP was trading at 2.20 $ at the close of this edition. This altcoin registered a 1.48% increase in the last 24 hours. It witnessed a notable recovery after falling to 2.13 $ on June 2. Subsequently, the cryptocurrency rose steadily during the night trading session on June 3.
The price of XRP could experience an 800% increase to 21 $ if the historical chart patterns based on Fibonacci repeat in this cycle.
A breakout above the resistance of 2.80 $ could trigger the next bullish phase of XRP and reflect the legendary breakout setup of the altcoin in 2017.
Despite the bullish projections, XRP struggles to maintain upward momentum, reflecting the current market hesitation and resistance pressure.
The price of XRP was trading at 2.20 $ at the close of this edition. This altcoin registered a 1.48% increase in the last 24 hours. It witnessed a notable recovery after falling to 2.13 $ on June 2. Subsequently, the cryptocurrency rose steadily during the night trading session on June 3.
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#Bob
The cryptocurrency "Build On BNB" (BOB) is currently not listed on Binance for trading. However, the BOB team has expressed interest in a future listing on Binance. The token is available for trading on other centralized exchanges (CEX) such as LBank, BitMart, Kraken and on decentralized exchanges (DEX) such as PancakeSwap, Uniswap, SushiSwap, and ShibaSwap.
The cryptocurrency "Build On BNB" (BOB) is currently not listed on Binance for trading. However, the BOB team has expressed interest in a future listing on Binance. The token is available for trading on other centralized exchanges (CEX) such as LBank, BitMart, Kraken and on decentralized exchanges (DEX) such as PancakeSwap, Uniswap, SushiSwap, and ShibaSwap.
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#Xrp🔥🔥 Key points:
The price of XRP started a new increase above the resistance zone of $2.20.
The price is now consolidating and could be aiming for a move above the resistance of $2.30.
The price of XRP started a new increase above the zone of $2.20.
The price is now trading above $2.20 and the 100-hour Simple Moving Average.
There was a breakout above a key descending trendline with resistance at $2.20 on the hourly chart of the XRP/USD pair (data source: Kraken).
The pair could start another decline if it fails to surpass the level of $2.30.
The price of XRP started a new increase above the resistance zone of $2.20.
The price is now consolidating and could be aiming for a move above the resistance of $2.30.
The price of XRP started a new increase above the zone of $2.20.
The price is now trading above $2.20 and the 100-hour Simple Moving Average.
There was a breakout above a key descending trendline with resistance at $2.20 on the hourly chart of the XRP/USD pair (data source: Kraken).
The pair could start another decline if it fails to surpass the level of $2.30.
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#xrpThe feeling that XRP is a gamble does not come from nowhere. As CriptoNoticias has been reporting, the utility of XRP remains vague. Although Ripple has announced multiple partnerships with banks and financial institutions, none have translated, so far, into mass adoption of the XRP token for real transactions on a global scale. Many banks may use RippleNet, yes, but without the need to touch XRP. And the narrative that the ISO20022 standard will make XRP the axis of the banking system of the future... has yet to materialize.
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#xrpThere are many XRP holders who compare their investment to a bet.
There are investors who have been waiting for years for XRP to become the "cryptocurrency of banks".
In the universe of cryptocurrencies, there is a truth that very few holders are willing to admit publicly: that their investment is nothing more than a bet. But Reddit users have no problem shouting it from the rooftops. In a recent post simply titled "XRP is a bet", hundreds of comments —some resigned, others enthusiastic, and several ironic— revealed a shared sentiment: for them, XRP is not an investment with clear fundamentals, but a casino bet with the hope of retiring early.
There are investors who have been waiting for years for XRP to become the "cryptocurrency of banks".
In the universe of cryptocurrencies, there is a truth that very few holders are willing to admit publicly: that their investment is nothing more than a bet. But Reddit users have no problem shouting it from the rooftops. In a recent post simply titled "XRP is a bet", hundreds of comments —some resigned, others enthusiastic, and several ironic— revealed a shared sentiment: for them, XRP is not an investment with clear fundamentals, but a casino bet with the hope of retiring early.
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#TradingTypes101 rir in the application
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Trading fundamentals: a basic guide for beginners
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3 minutes of reading
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August 14, 2024
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Introduction to trading
Trading involves buying and selling financial instruments such as stocks, bonds, commodities, or currencies with the aim of making a profit. Unlike long-term investing, trading focuses on short-term market movements to capture potential gains. Whether you trade stocks, currencies, or cryptocurrencies, understanding the basics is crucial for success.
1. Market fundamentals
Types of markets: there are several financial markets where commercial transactions take place, including the stock market, the forex market, the commodities market, and the cryptocurrency market.
Trading instruments: traders can trade various instruments such as stocks (equity trading), currencies (forex trading), commodities (like gold or oil), and cryptocurrencies (like Bitcoin or Ethereum).
2. Understanding price movements
Supply and demand: Prices in the market are primarily governed by supply and demand. When demand exceeds supply, prices rise, and when supply exceeds demand, prices fall.
Market sentiment: The collective mood or sentiment of market participants can also influence prices. Positive sentiment can drive prices up, while negative sentiment can lead to declines.
3. Key concepts in trading
Bid and ask price: The bid price is what buyers are willing to pay for an asset, while the ask price is what sellers are asking. The difference between the bid price and the ask price is known as the spread.
Market orders vs. Limit orders: A market order is executed immediately at the current market price, while a limit order
Sign up
Log in
Trading fundamentals: a basic guide for beginners
SR
SR
Follow
3 minutes of reading
·
August 14, 2024
Listen
Share
Introduction to trading
Trading involves buying and selling financial instruments such as stocks, bonds, commodities, or currencies with the aim of making a profit. Unlike long-term investing, trading focuses on short-term market movements to capture potential gains. Whether you trade stocks, currencies, or cryptocurrencies, understanding the basics is crucial for success.
1. Market fundamentals
Types of markets: there are several financial markets where commercial transactions take place, including the stock market, the forex market, the commodities market, and the cryptocurrency market.
Trading instruments: traders can trade various instruments such as stocks (equity trading), currencies (forex trading), commodities (like gold or oil), and cryptocurrencies (like Bitcoin or Ethereum).
2. Understanding price movements
Supply and demand: Prices in the market are primarily governed by supply and demand. When demand exceeds supply, prices rise, and when supply exceeds demand, prices fall.
Market sentiment: The collective mood or sentiment of market participants can also influence prices. Positive sentiment can drive prices up, while negative sentiment can lead to declines.
3. Key concepts in trading
Bid and ask price: The bid price is what buyers are willing to pay for an asset, while the ask price is what sellers are asking. The difference between the bid price and the ask price is known as the spread.
Market orders vs. Limit orders: A market order is executed immediately at the current market price, while a limit order
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#TradingTypes101 Trading involves buying and selling financial instruments such as stocks, bonds, commodities, or currencies with the aim of making profits. Unlike long-term investing, trading focuses on short-term market movements to capture potential gains. Whether you trade stocks, currencies, or cryptocurrencies, understanding the basics is crucial for success.
1. Market Fundamentals
Types of markets: there are several financial markets where trading transactions take place, including the stock market, the foreign exchange market, the commodities market, and the cryptocurrency market.
Trading instruments: traders can trade various instruments such as stocks (equity trading), currencies (forex trading), commodities (like gold or oil), and cryptocurrencies (like Bitcoin or Ethereum).
1. Market Fundamentals
Types of markets: there are several financial markets where trading transactions take place, including the stock market, the foreign exchange market, the commodities market, and the cryptocurrency market.
Trading instruments: traders can trade various instruments such as stocks (equity trading), currencies (forex trading), commodities (like gold or oil), and cryptocurrencies (like Bitcoin or Ethereum).
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#TradingTypes101 Various analysts are optimistic about a higher rebound, with the trader pseudonym Cryptowzrd stating that a validation of a descending wedge could cause XRP to soar to USD 2.90.
"XRP closed indecisively and still maintains a descending wedge formation," wrote the trader in a post on X on May 28, adding:
"A breakout from this wedge will drive the market towards the resistance of USD 2.80. Above that resistance, we will eventually reach a new all-time high."
"XRP closed indecisively and still maintains a descending wedge formation," wrote the trader in a post on X on May 28, adding:
"A breakout from this wedge will drive the market towards the resistance of USD 2.80. Above that resistance, we will eventually reach a new all-time high."
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#TradingTypes101 Key points:
The descending wedge pattern of XRP signals a bullish reversal; potential price increase of 48%.
The SEC's review of WisdomTree's XRP ETF could spark investor interest, as the odds of approval rise to 84% on Polymarket.
The price of XRP is forming a descending wedge pattern on the daily chart, a technical formation associated with strong bullish momentum following an upward breakout. Could this technical setup, along with the SEC's review of WisdomTree's spot XRP ETF application, signal the start of a rally towards USD 3.40 and beyond?
The descending wedge pattern of XRP points to USD 3.40
From a technical perspective, the price of XRP
XRP
€2.04
could gain significant momentum if it manages to break this descending wedge pattern.
In technical analysis, a descending wedge is a bullish reversal pattern consisting of two converging trendlines connecting lower highs and lower lows. This convergence indicates a weakening of the downward momentum.
The descending wedge pattern of XRP signals a bullish reversal; potential price increase of 48%.
The SEC's review of WisdomTree's XRP ETF could spark investor interest, as the odds of approval rise to 84% on Polymarket.
The price of XRP is forming a descending wedge pattern on the daily chart, a technical formation associated with strong bullish momentum following an upward breakout. Could this technical setup, along with the SEC's review of WisdomTree's spot XRP ETF application, signal the start of a rally towards USD 3.40 and beyond?
The descending wedge pattern of XRP points to USD 3.40
From a technical perspective, the price of XRP
XRP
€2.04
could gain significant momentum if it manages to break this descending wedge pattern.
In technical analysis, a descending wedge is a bullish reversal pattern consisting of two converging trendlines connecting lower highs and lower lows. This convergence indicates a weakening of the downward momentum.
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