The post Ripple (XRP) vs. ETFSwap (ETFS): Which Coin Will Reach $50 First? appeared first on Coinpedia Fintech News
In today’s world, where supposed “underdog” coins suddenly experience explosive growth, crypto traders and analysts constantly look for the next 10000x coin. Here’s how a detailed research analyst compared Ripple’s (XRP) and ETFSwap’s profit potential to determine which could reach $50 first.
Analysis On Ripple (XRP) Suggests A Potential Move Up To $50
Amid Ripple’s (XRP) consolidation and the current bearish price delivery, updated analysis indicates an ongoing recovery, potentially leading to a 1,000% price surge for the coin.
On July 5, after taking out a double-bottom low on the $0.42 price level, Ripple (XRP) rallied to $0.63, as seen on Tradingview data. This sets the stage for a potential run to new all-time highs on the token. Supporting this forecast, a notable crypto analyst, Cryptobilbuwoo, used three technical patterns to highlight Ripple’s (XRP) potential to surge to $50.
The analyst used a long-term 1.618 Fibonacci ratio to predict Ripple’s (XRP) price to a range of $26 – $33. He further cited the “cup and handle” pattern used by analysts to identify potential buying opportunities. The coin’s breakout from the structure reveals a solid run to the upside.
Lastly, Cryptobilbuwoo analyzed Ripple’s (XRP) data chart with Elliot Wave patterns. He found that the token has begun its second leg of distribution to a long-term price range of $26 – $45. While Ripple (XRP) is currently experiencing consolidation at $0.5900, Cryptobilbuwoo is confident of a bullish rally soon.
Whale Accumulation Of ETFSwap (ETFS) Coin Could Push The Coin Past $50
ETFSwap (ETFS) has garnered tremendous public interest since its ICO debuted. Aside from the wealth of Crypto whales backing the token, renowned analysts have termed it “the Bitcoin (BTC) of tokenized ETFs”.
As the ETFSwap (ETFS) platform revolutionizes the future of digital assets, investors are buying large tranches of its presale token. The coin has already raised over $2.5 million in its current presale stage.
Thanks to ETFSwap’s (ETFS) solid infrastructure and impressive presale performance, analysts have predicted that the coin could push past $50 before the year runs out.
ETFSwap (ETFS) Will Decide The Future Of Tokenized ETFs Trading
With the integration of decentralized protocols, ETFSwap (ETFS) allows users to trade institutional-grade ETFs. To foster a profitable trading environment, ETFSwap (ETFS) has prepared a safe, secure, and transparent environment by integrating its institutional products with blockchain technology.
The functionality and features of ETFSwap (ETFS) allow it to be a leader in the tokenized ETF market. These features include advanced AI-powered trading tools, like the AI-powered ETF Tracker and ETF Screener. Both tools enable investors to make informed trading decisions based on the filtered data they generate from analyzing huge amounts of market data. They, thus, give ETFSwap (ETFS) users a competitive advantage in the financial market.
ETFSwap (ETFS) increases a user’s trading potential to profit from trades with perpetual futures contracts. With leveraged trading, users can take larger positions with up to 50x leverage across all ETFs, multiplying the returns on their investments. Also, ETFSwap (ETFS) utilizes efficient risk management tools to mitigate the risks associated with leveraged trading.
Regardless of the location and time of every user, ETFSwap (ETFS) ensures that investors don’t miss an opportunity to place trades by providing 24/7 market coverage and access. This allows users on the platform to respond to the dynamic nature of the financial market.
Unlike traditional ETF brokers, ETFSwap (ETFS) allows users to open an account on its platform without KYC. Furthermore, on July 10, the ETFSwap (ETFS) team completed KYC verification by Solidproof, a smart contract security auditing firm. This helped the team reinforce investors’ confidence in the platform’s credibility.
Conclusion
While Ripple (XRP) may see huge increases in the future, ETFSwap (ETFS) is better positioned to surpass $50 in the short term. Investors seeking to heighten their profits can join the token’s presale at $0.01831 with a promo bonus of 50% using the code “ETFS50”.
For more information about the ETFS Presale:
Visit ETFSwap Presale
Join The ETFSwap Community
