Historical Data Suggests Potential Post-Election Rally for $XRP
1. Potential for Significant Gains
Historical trends indicate that $XRP has experienced significant price surges following U.S. presidential elections, with past gains ranging from 700% to as high as 60,000%.
2. Symmetrical Triangle Formations
XRP price charts have frequently shown symmetrical triangle patterns leading up to elections, which have historically been followed by substantial breakouts.
3. Election-Related Price Movements
Notable price increases for XRP were recorded after the 2016 and 2020 presidential elections, reinforcing this pattern.
4. Outlook for 2024
With the upcoming 2024 U.S. presidential election, XRP investors are attentively watching the market for indicators of a potential breakout similar to those observed in previous cycles.
#Therapydogcoin #BTCNear82k
{spot}(XRPUSDT)
💥💥💥 #Shibarium Hits 500 Million Transactions as $SHIB Price Shows Reaction
Shibarium Reaches Milestone with Over 500 Million Transactions
- Shibarium, the Layer-2 scaling solution built on Ethereum and backed by the Shiba Inu (SHIB) ecosystem, has reached a significant milestone by processing over 500 million transactions. Data from Shibariumscan shows the platform has completed 500,623,178 transactions as of the latest count.
Shibarium's Rapid Growth and Future Ambitions
- Since its launch in August 2023, Shibarium has witnessed remarkable growth, despite some initial hurdles. This achievement has fueled discussions on X, particularly after recent updates related to Shiboshi-linked NFTs spurred greater adoption within the ecosystem.
- Per Shibariumscan, the platform has generated 7,849,660 blocks, with 1,889,496 unique wallet addresses. As Shibarium’s expansion continues, it aims to establish itself alongside other major Layer-2 networks, such as Base and Optimism.
SHIB Price Reaction and #MarketImpact
- Following this milestone, SHIB’s price currently stands at $0.00002384, experiencing a 3.39% decline over the past 24 hours. During this period, SHIB has traded within a range of $0.00002357 to $0.0000283.
Despite the dip, SHIB has shown resilience, rallying over 48% in the past week amid broader market trends driven by Bitcoin's rise. With SHIB’s value often influenced by market momentum, a quicker recovery could be possible.
Additionally, #ShytoshiKusama , SHIB’s lead developer, recently proposed his SH.I.B project to establish a Silicon Valley crypto hub. He pitched the idea to Elon Musk, hoping to attract interest from the U.S. administration and further enhance SHIB's ecosystem expansion.
#BinanceSquareTrends #CryptoTransaction
🚀 Exciting news for crypto enthusiasts! Revolut X, the standalone crypto exchange by fintech giant Revolut, is expanding its reach across 30 new European countries! 🎉
- This move positions Revolut X as a "competitive platform" for traders, offering near-zero fees and a wide range of assets.
- Launched in May, the exchange has received positive feedback from experienced traders.
- Revolut has also been proactive in preventing fraudulent crypto transfers, ensuring compliance with regulations.
What do you think about this expansion? Share your thoughts in the comments!
$NEIRO /USDT EXPERIENCES A STEEP DROP – WATCH FOR REVERSAL SIGNALS.. $NEIRO Downward trend almost end.. Best Time for Buying ... Really a best Time to earn Thousand Dollars ..
$NEIRO has tumbled to 0.00237586, down by 20.26% in the past 24 hours, with a low of 0.00225350 as sellers continue to dominate. Despite this decline, there is a slight uptick, suggesting that buyers might start stepping in around this level. Traders should keep a close eye on the support zone at 0.00225350 – if this level holds, we could see a recovery bounce. Resistance at 0.00245107 is the immediate hurdle; a breakout above could indicate a shift in momentum. This setup is ideal for traders who seek entry on potential reversals but should be approached with caution due to high volatility.
#NeiroOnBinance #cryptomarketcapATH #CPIUpdateOctober #DogecoinPriceSurge
$ACT /USDT GAINS MOMENTUM – READY FOR ACTION.. $ACT hit $0.6030 as I predicted for you guys ... Really a good Upward momentum ..
$ACT has climbed to 0.6030, marking a 9.78% gain over the last 12 hours, peaking at 0.6597 with a strong upward drive. With substantial trading volumes of 1.12 billion ACT, this surge signals strong market interest. Traders should watch the critical resistance at 0.6597 – a break above this level could unleash further upside potential, attracting even more buyers. Support at 0.4550 will be key to holding the current bullish sentiment. This chart setup offers an excellent opportunity, but caution is advised as any loss of support could lead to rapid shifts in momentum.
#ACT #action #HaveYouBinanced #BTCBreaks89k #TrumpNominatesMuskDOGE