ChatGPT-4o predicts XRP’s price after the launch of Ripple’s stablecoin
At its current trading value of $0.52, ChatGPT-4o suggested that XRP could follow two different paths depending on the unveiling of the stablecoin. If the stablecoin launch is successful, with increased liquidity and adoption along with positive regulations and a thriving crypto market, XRP might surge from $0.80 to $1.20 in the short to medium term.
Conversely, if the stablecoin launch fails to attract attention or if Ripple faces unfavorable regulatory decisions, XRP's price could drop to $0.30 to $0.40 in a bearish market or amidst negative news.
Ripple's RLUSD Launch Faces Potential Delay Due to Technical Issues
Ripple's highly anticipated stablecoin, RLUSD, may not launch as scheduled today due to unforeseen technical challenges. While the New York Department of Financial Services (NYDFS) has granted final approval for RLUSD , Ripple's development team is addressing last-minute technical issues to ensure a seamless rollout.
Ripple's Chief Technology Officer, David Schwartz, has cautioned that initial supply shortages could lead to price volatility upon release. He advises against fear of missing out (FOMO) and urges potential investors to exercise patience, emphasizing that RLUSD is designed to maintain a 1:1 peg with the US dollar .
Despite these technical hurdles, Ripple remains committed to launching RLUSD by the end of the year . The company is taking necessary measures to address the issues promptly, aiming to provide users with a reliable and stable digital asset upon release.
Investors and users are advised to stay tuned for official updates from Ripple regarding the new launch date and to approach any pre-launch offers with caution to avoid potential market volatility.
Following this news $XRP holders are now on a great uncertainty. 'Cause experts are saying that it's price will drop soon.
Charts confirming a final Bull trap is right ahead. Markets may calm down later. Just be careful with leverage! Spot markets are all good; costing a little wait.
no it's not. I just checked coimmarketcap. it's at 76 (Greed)
LIVE
simple simon the profiler
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Υποτιμητική
🚨💸 Warning: Sell Off and Take Profits to Avoid Losses! 📉
📊 _Fear and Greed Index:_ The Fear and Greed Index is currently showing EXTREME FEAR 🚨, indicating that investors are panicked and selling off their assets 📉.
📈 _Market Analysis:_ The market is experiencing a significant downturn, with prices plummeting across the board 📊. This is a clear indication that the market will continue to drop 📉.
🚨 _Action Required:_ To avoid significant losses, it's essential to take profits and sell off assets NOW 🕒. Don't wait for the market to recover, as it may take a long time 🕰️.
📊 _Reasons to Sell:_
1. 📉 _Extreme Fear:_ The Fear and Greed Index is showing extreme fear, indicating a high likelihood of further market decline 🚨. 2. 📊 _Market Downturn:_ The market is experiencing a significant downturn, with prices plummeting across the board 📊. 3. 🕒 _Time to Take Profits:_ It's essential to take profits and sell off assets to avoid significant losses 📈.
🔴 _Don't Get Caught Off Guard:_
1. 🚨 _Stay Informed:_ Stay up-to-date with market news and analysis to make informed decisions 📰. 2. 📊 _Monitor Your Portfolio:_ Keep a close eye on your portfolio and be prepared to take action 📈. 3. 🕒 _Act Quickly:_ Don't hesitate to take profits and sell off assets when the market is in a downturn 🕒.
🔮 _Conclusion:_
The current market situation is critical, and it's essential to take action to avoid significant losses 🚨. Sell off assets, take profits, and stay informed to navigate these uncertain times 📊.
1. stop loss 2. take profits keep it aside, don't put it back in. wait for the crash. 3. lessons learned. implement in the next phase. it's not over yet
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bit_bull_believer
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woke up to this 😖😫 All the profit booked gone in one night. it's all rubbish big whale eating all small traders. when we will earn or save our investments ? it's pathetic that nobody controls this kind of dump
stick to spot. do t trade with leverage. hold trx it will go up and you can make your money back but you need to be patient
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So Bueno ghtT
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had 26 dollars yesterday in my binance account but due to greed i put my money on trx with high leverage and i forgot to check that I'm putting my money in cross mode and not isolated. lost 20 dollars in just 2-3 minu🥲🥲 now i just have 5.7 dollars and i dunno what to do. is there any chances can recover my money ???
AI's updated look at the resistance and support levels for XRP as at 15:40 GMT 00:00 taking into account the current price around $1.08-$1.10: **Immediate Support:** - Just below the current price, around $1.07, which has been mentioned as a potential new bottom for XRP's current run. - Another support level to watch is at $1.01, which could act as a fallback if the price dips. -
**Mid-term Support:** - If there's a further dip, $0.786 has been identified as a support level where XRP might stabilize.
### Resistance Levels: - **Immediate Resistance:** - The first significant resistance seems to be just above the current price at around $1.28. This level could act as a barrier if XRP tries to move higher in the short term. - $1.05 is also mentioned as a resistance where XRP might struggle to close above, which could be relevant if the price pulls back slightly before attempting another rise.
- **Short-term Resistance:** - If XRP breaks the immediate resistance, the next level to watch would be around $1.60, as some analyses suggest this as a target if a breakout occurs from the current consolidation or flag pattern.
- **Mid-term Resistance:** - Beyond that, a move towards $1.88 has been highlighted as a critical resistance level where significant price action might occur, indicating either a solid breakout or a rejection. These levels are derived from recent market behavior, technical analysis, and posts from X, suggesting where XRP might find support if it falls or face resistance as it tries to climb higher from its current price range. Keep in mind that in the crypto market, these levels can shift rapidly with new developments or shifts in market sentiment.
How do you know when you have reached the market top?
The bull market shifts and becomes a bear market when the general public becomes involved because they typically have a low tolerance for risk and require significant reassurance that their investments are safe. As a result, they are often the last to recognize the potential opportunities in a rising market.
When a bull market persists, the general public tends to feel pressured to join in, driven by the belief that everyone else is profiting. They will latch onto any seemingly rational justification for participating, even if their understanding of the market is limited, convinced that since others are buying, they should also take part.
For a bull market to thrive, it relies on a steady influx of new traders willing to pay increasingly higher prices. Over time, as more individuals buy in, the pool of potential new buyers shrinks, leading to fewer traders available to drive prices up further. Although existing buyers want the market to keep rising, they also fear getting stuck with losses if the upward trend ceases. As they see their profits grow, they become anxious about cashing out.
By the time the general public starts investing heavily, seasoned traders recognize that the market is nearing its peak. These professionals are aware that there is a finite number of participants willing to drive prices higher. Eventually, the potential buyers will have all entered the market, leaving no one left to sustain the upward momentum. While professional traders desire continued growth, they also grasp the reality that it cannot last indefinitely, prompting them to secure their profits while there are still buyers.
Part 1 of 2 Click like if you benefitted from this and I will write part 2 and conclude this topic.$BTC $SOL $XRP
Each time Bitcoin hits $69K, Ethereum seems to take a step back—do you notice the trend?
- The first time Bitcoin reached $69K, Ethereum was at $4,000. - The second time it hit $69K, Ethereum dropped to $3,900. - The third time it reached $69K, Ethereum fell further to $3,300. - The fourth time Bitcoin touched $69K, Ethereum dropped again to $2,600.
The pattern is clear: as Bitcoin tests $69K, Ethereum consistently tracks at lower prices. What was once a strong partnership now feels like Bitcoin is leaving Ethereum behind.
Is this the end for Ethereum? Or are investors quietly moving to faster, more affordable alternatives like Solana, or even meme coins? If Ethereum continues to lag behind, the next market surge could spell disaster for it.
🔥You know that 99% of meme coins are doomed to fail?🔥
if you had bought $SLOP for $5,000 yesterday, it would be $2,412 left 💀
those who understand how to manage a meme coin portfolio - win.
learn this now or risk losing everything
5 general rules for trading meme coins:
❶ avoid futures. ❷ no leveraged/margin trading, only spot trading. ❸ stay away from tokens without an active community. ❹ pay attention to relevance (for example, if it's a seasonal meta, it will likely end in a few days/weeks, leading to token dumping). $BTC $ETH
Bitcoin's price has bounced back from a ten-day low as traders try to determine a short-term trend amid a "liquidity hunt" following last week's spike to near its all-time high.
Currently, the cryptocurrency is trading relatively steadily at around $67,500 after plunging to a low of $65,160 on Thursday, according to CoinGecko data.
This follows Bitcoin surpassing $69,000 on Sunday; its all-time high, recorded on March 14, is just above $73,700.
Some analysts suggest that this week's downturn may be temporary.$BTC #ScrollOnBinance $
"We don’t interpret this as being directly linked to shifts in U.S. election probabilities, but rather as a natural liquidity hunt following the significant price increase last week," stated Ryan McMillin, chief investment officer at Merkle Tree Capital, in an interview with Decrypt.
A liquidity hunt involves the market "liquidating" leveraged positions, especially those betting on price rises.
When traders are long with leverage, a price reversal can compel them to sell or liquidate their holdings, applying downward pressure on the asset’s price. McMillin indicated that this is seen as a healthy correction, clearing out speculative excess before the market can continue its upward trajectory. $BTC
Dunes is a universal Liquid Restaking Token (LRT) protocol designed to create liquidity for otherwise illiquid assets that are deposited into restaking platforms, such as Karak Network. Dunes offers to unlock new levels of restaked capital efficiency, maximizing opportunities for its users while mitigating the risks and challenges found in the wider restaking ecosystem, still in its early stages.
Dunes has confirmed that it will launch its token “DUNE” and has allocated an unspecified share of the total supply to reward early participants. They’ve launched a points program called “Spices.” Stake assets on Dunes to start earning Spices. You can also get more Spices by getting your friends. Spices will get converted to DUNE tokens after the token goes live.
Step-by-Step Guide:
• Visit the Dunes dashboard.
• Connect your Ethereum wallet.
• Now stake assets such as wstETH, weETH, rsETH, ezETH, rswETH, and others.
• You will start earning points in the form of “Spices”.
• You will get an extra 5% extra Spices for using the above code in the first comment.
• Also, get 15% of the Spices from each friend.
• You will also earn Karak XPs for staking on Dunes, thereby also becoming eligible for the Karak potential airdrop.
• Dunes has confirmed that it will launch its token “DUNE” and has allocated an unspecified share of the total supply to reward early participants.
• Users who collect Spices will get an airdrop of the DUNE token when the token goes live.
ChatGPT-4o has a new prediction for XRP after Ripple vs. SEC case verdict
The lastest ChatGPT model from OpenAI, discussing XRP's potential price movement post the Ripple v. SEC ruling, suggests that a more lenient penalty could lead to a price increase for XRP.
A favorable outcome might push the price to $0.55 to $1.00, while an unfavorable one could drop it to around $0.50. However, actual market reactions could differ.
It's advisable for investors to conduct their own research and stay updated on XRP and Ripple news, lawsuit updates, and settlements instead of solely relying on AI predictions.
$BTC $ETH $USDC Deutsche Bank partners up with with Bitpanda to cause a seismic shift in the market
Deutsche Bank will work together with Bitpanda to process customer deposits and withdrawals for the Austrian crypto broker.
The crypto industry has previously struggled to find banking partners, particularly after the 2023 collapse of Silvergate Capital Corp, Signature Bank and Silicon Valley Bank, which had a high concentration of crypto-related clients.
Who doesn't like airdrops? What about AI ChatGPT airdrops?
*It's totally free to qualify and be eligible for the airdrop. No investment required at all. Not even $0.01
Well you have less than a week left to complete some simple tasks and be eligible for an AI ChatGPT airdrop. The token is called $Cookies.
It's part of a Cookie3 three-platform stack, creating a complete Cookie MarketingFi ecosystem. As the “Google Analytics” of Web3, Cookie3 helps create a mutually beneficial marketing ecosystem for businesses, creators, and users that reinforces the data ownership economy, and $COOKIE represents the $366 digital marketing value. #Megadrop #StartInvestingInCrypto #altcoins #Airdrops_free #DegenKongZ
Bitcoin's value has risen by 7.99% in the last month, adding $5,101.01 to its previous value and increasing the market cap to $1,358,321,419,371. It might be prudent to wait for a potential bear market before investing in BTC given the current bullish conditions. Over the last 90 days, Bitcoin has shown a bullish trend with a 2.51% increase in price. However, it has lost $67,255.32 from its previous value. Considering this recent bearish trend, it may be wise to wait for a market reversal before considering buying Bitcoin.
Advanced Machine learning algorithm predicts Bitcoin price for June 30, 2024
Cutting through recent sluggishness, Bitcoin's future appears optimistic, with machine learning models now forecasting potential gains for the leading decentralized asset.
The advanced algorithms suggest that Bitcoin might surpass significant price milestones in the upcoming weeks, potentially reaching $75,245.53 by June 30, 2024, as per data from crypto analytics acquired on June 3.
Binance has announced that they will delist and cease trading on all spot and margin trading pairs for the following token(s) at 2024-06-17 03:00 (UTC):
OmiseGO (OMG)
Waves (WAVES)
Wrapped NXM (WNXM)
NEM (XEM)
Please note:
The exact trading pairs being removed are: OMG/USDT, WAVES/BTC, WAVES/ETH, WAVES/TRY, WAVES/USDT, WNXM/USDT, XEM/USDT