A thorough Analysis about XRP: XRP Ledger’s native Cryptocurrency”
After several years of ups and downs led by SEC’s lawsuit against Ripple Labs, Everyone saw XRP skyrocket this bullish season. Will XRP eventually hit the moon and turn the tides? Or will it remain as a dream to many XRP holders? Here is a breakthrough of my own analysis about XRP.
What is XRP?
Created by Ripple Labs in 2012, XRP is a native cryptocurrency token in the XRP Ledger, an open-source, decentralized blockchain developed to facilitate fast and cost-effective cross-border payme
Previously we have seen XRP drop back to $ 1.0026 after reaching its all time high in 3 years of $ 1.2698. Although XRP dipped hard, it wont stop the bullish momentum that will drive XRP to new heights. This Monday, XRP will gain back it's momentum from the previous liquidations that happened this Weekend. XRP may rise to $ 2.00 if it holds, and break the $ 1.10 resistance.
In Addition, Gary Gensler will step down from Security and Exchange Comissions sooner or later it won't be that long, and it will be sooner that XRP will be able to climb new heights. Keep holding XRP, an impending rise is waiting on the horizon. 👀
XRP, the digital currency that was created by Ripple Labs, as we have seen on my previous analysis has broken out from its 3 year cycle making a new record that was set at 1.2698 Dollars. XRP is showing a bullish momentum as of now even though it dipped last night back to 1.0026 Dollars. After Trump’s Election, XRP has been gaining significant attention as a potential leader in the future of finance. Its design, partnerships, and utility have made it a prominent player in the cryptocurrenc
#DOGE #MEME #BULL After watching DOGE skyrocket, I've recently reviewed it's pattern to understand what would be the next thing to happen about this coin. after a thorough research about candlestick patterns and continuation patterns, I found out that DOGE Coin has been forming a cup and handle pattern on a weekly and monthly time-frame creating a bullish signal to everyone accumulating DOGE and following also the recent news about Elon Musk in relation to DOGE which created market hype.
In addition to the Cup and Handle pattern that the DOGE Coin has created on its weekly and monthly time-frame, the pattern is also forming an end, and could potentially lead to a bearish reversal. Those who won from accumulating DOGE, could probably start profit taking a portion of their wins and leave some money to cover their capital in accumulating DOGE. We all know that the market is unpredictable, but with proper execution of when to be buy and when to sell our accumulated cryptocurrencies could potentially save us from losses.
Remember, profit taking isn't a fear, but rather a smart move to stop ourselves from potential losses. I hope that everyone is having a good day and I hope that my signals will help some of you. Thank you and Have a great day ahead everyone!
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