How does SOL perform compared to Bitcoin and the US dollar? You will understand after reading this article!

In the past week, everyone has been talking about how Solana is performing much better than BTC, especially compared to Ethereum. You see, Ethereum has fallen by more than 20% this year, while Solana has actually risen by more than 5%!

At this point, we have to look at the competition between these three cryptocurrencies. This year, SOL has performed really well, with the exchange rate against the US dollar rising by more than 50%. But ETH, on the other hand, has only risen a little this year, only 14%. Compare it with BTC, hey, SOL has risen by more than 200% against BTC! And ETH has actually fallen by 31.71%!

Although Bitcoin has also set a record high this year, neither ETH nor SOL has been able to surpass its previous peak. ETH is now more than 46% below its historical high, and SOL is more than 40% below it. It seems that BTC's position in the market is still stable, and its market value accounts for 56.4% of the crypto economy!

In comparison, ETH's position is a bit embarrassing, having fallen below the 15% threshold and now only at 14.8%. However, ETH's market capitalization is still much larger than SOL's, after all, it is 4.37 times that of SOL. But having said that, SOL's performance is indeed eye-catching!

It seems that Solana's progress on Ethereum is not covered, which fully illustrates the dynamic changes within the cryptocurrency market! Investors may also begin to regard Solana as a strong competitor, after all, it performs so well against the US dollar and Bitcoin!

So, the competition among the top cryptocurrencies is getting more and more fierce, and everyone wants to compete for market dominance! What do you think of SOL's performance compared to Bitcoin and the US dollar? Come to the comment section to tell us what you think!

For the practical information of the cryptocurrency circle, click on the avatar to follow me, the deployment of 100-fold potential coins in the bull market, and the daily spot strategy!
$BTC $ETH $SOL
#TON #美联储何时降息？ #加密市场反弹

Is XRP's 30% surge just a prelude? Prediction: It may return to the starting point in the next few weeks, watch it quickly!

Nick Valdez, a big shot from the popular cryptocurrency channel Discover Crypto, sounded the alarm for XRP holders: He said that although Ripple won the big lawsuit with the U.S. Securities and Exchange Commission (SEC) and the fine was greatly reduced, the price of XRP soared by more than 30%, but now take advantage of this momentum to sell some, don't be too happy too early!

Nick Valdez is not talking nonsense. He dug out the "old account book" of XRP and found that this guy has a problem: every time there is a little good news, the price rises, but soon it falls back to the original place, like a roller coaster. He gave two examples:

Remember at the end of 2020? The SEC suddenly gave Ripple a "surprise" and said it would sue it. As a result, the price of XRP fell directly from the sky to the ground. Although it slowly climbed back a little later, it hurts my heart!

Let's look at July this year. Ripple finally won the lawsuit, saying that XRP is not a security. The price of XRP soared wildly, doubling directly. But guess what? It returned to its original state a month later.

Nick Valdez said that although Ripple won this time, the SEC may still appeal, and the price of XRP may fluctuate again at that time. He estimated that by mid-September, XRP may fluctuate between $0.4 and $0.5. So, he suggested that everyone should sell some while the price is still good now, so as not to lose money again.

Of course, Nick Valdez did not say that XRP has no future. He is still optimistic about it in the long run. After all, XRP still has two brushes in the global financial circle. But in the short term, it is better to take it easy and not be overwhelmed by the temporary rise. He also said that if XRP wants to rise further, the $0.93 mark may be a hurdle, and it will take some effort to get over it.

For the practical information of the cryptocurrency circle, click on the avatar to follow me, the deployment of 100-fold potential coins in the bull market, and the daily spot strategy!
$XRP $SOL $BTC
#TON #加密市场反弹 #QuestN

Without noble people and talents, you have to endure three cycles in the cryptocurrency circle to achieve financial freedom!

The first cycle: When you first come into contact with the cryptocurrency circle, you may be attracted by the stories of getting rich quickly around you or the rumors on the Internet.

Whether you are conservative or adventurous, you may invest in it.

At first, the market seems to be rising every day, and you are full of hope and don’t know where the risks are.

But the good times don’t last long. The bear market comes, the market falls sharply, and eventually you lose all your principal.

The second cycle: After experiencing a round of bull and bear cycles, you become more persistent and extremely eager for wealth.

In the ups and downs of the market, you start to ask around for news and try band operations.

When the bull market comes again, you make a lot of money, but greed may make you miss the best time to sell.

When the bull market ends, you may still choose to hold and look forward to the next cycle.

The third cycle: After experiencing another round of bear market torture, you understand the cruelty of the market more.

Most of your assets may have returned to zero, but you still stick to the cryptocurrency circle.

You learned how to select targets, judge the market, and sell when the market is busy.

This time, you truly understand the operating rules of the currency circle and can stay calm between buying and selling.

In the end, you find that you have become a millionaire.

#TON
#加密市场反弹
#BTC☀

Ripple issued an urgent reminder after winning the lawsuit: XRP holders should beware of fake scams

Ripple, the company that is quite famous in the crypto payment industry, recently won the lawsuit against the US Securities and Exchange Commission (SEC). In addition to being happy, it also sent a serious reminder to XRP holders.

Ripple said that now the scammers are very clever. Taking advantage of the heat of winning the lawsuit, they began to frantically deceive investors who did not know the situation. These scammers will pretend to be Ripple or their executives, open fake accounts on social media, and then trick everyone into participating in some XRP free giveaway or airdrop activities.

Ripple emphasized that their company never asks everyone to donate money or transfer money to participate in any activities, so if you see someone asking for money under the banner of Ripple, it is definitely a scammer, be careful!

This is actually not the first time. When Ripple won the lawsuit last year, there was already a wave of such scammers coming out to make trouble. Not only did they open fake accounts, they also created some AI-synthesized videos, pretending to be Brad Garlinghouse, the boss of Ripple, announcing the gift of XRP, but it turned out to be all routines, just to cheat everyone's money.

Now that Ripple has won the lawsuit again, these scammers are ready to move again. But Ripple is not ambiguous and immediately sounded the alarm for everyone.

Speaking of the lawsuit, although Ripple won this time, it is not a complete victory. The judge sentenced them to pay a fine, although it is much less than what the SEC wants, but if they want to sell XRP to institutions in the future, they must first pass the SEC and register. In this matter, both sides may not be convinced, and they may have to continue the lawsuit.

In short, everyone should keep their eyes open and don't be fooled by these scammers. Although Ripple won the lawsuit, we still have to be responsible for the security of our wallets!

For the practical information of the cryptocurrency circle, click on the avatar to follow me, the deployment of 100-fold potential coins in the bull market, and the daily spot strategy!
$XRP $SOL $SOL
#TON #美联储何时降息？ #BTC走势分析

The overall market performance is still strong. Although the price has been up and down like a roller coaster, it is still stable overall. However, at this time, those previously inconspicuous altcoins, such as hook, began to quietly exert their strength. They seem to have been holding back their energy, especially hook. The trading volume has begun to increase in a small range, and the price is still hovering at a low level. This is like the lower the spring is compressed, the stronger it will be when it bounces back. I think if hook really explodes, the momentum may be quite strong. So, you might as well pay more attention to the movement of hook, maybe you can catch an opportunity! $HOOK
#加密市场反弹 #美联储何时降息？ #HOOK

Spot analysis - SOL

It is normal for SOL to pull back after breaking through the <main control line> 157.2 for the first time. Both the long and short sides are relatively active today, but the selling is obviously more, which is not enough to affect the overall trend structure.

If the hourly level gently falls back to the early morning or tomorrow morning, the probability of counterattack upward first is high.

In terms of actual combat, the short-term support reference is 145.1~147.5 (preliminary estimate 5%), the medium-term support is 130.9-132.8, the short-term suppression is 165.9~163.8, and the medium-term suppression range is 174.9-177.8.

Coin circle dry goods, click on the avatar to follow me, the bull market 100 times potential coin deployment, and daily spot strategy enjoy!
$SOL $BTC $ETH
#TON #美联储何时降息？ #sol板块

Ripple received a court injunction, and the road to XRP's price counterattack has been paved. Are you ready?

Ripple recently sued the U.S. Securities and Exchange Commission (SEC), which caused quite a stir. As a result, a federal court issued an injunction to Ripple, which means that it should not violate securities laws in the future. Moreover, Ripple was fined $125 million, which is a lot of money. It is more than ten times the $10 million fine they originally wanted to give, but compared with the $1.9 billion that the SEC wanted at the beginning, it is still lenient.

Speaking of this, the price of the cryptocurrency XRP is like a roller coaster, up and down. At the beginning, as soon as the news came out, the price of XRP rose sharply, reaching a high of $0.63. But now it has fallen back a little, hovering around $0.58, but it is still much higher than earlier this week, when it fell to a low of $0.43.
Let's talk about ChatGPT's views on this matter. It said that it is a bit difficult to predict how much XRP will rise in the future, but it is not impossible. It lists several good signs, such as the increasing use of XRP, the increasing number of partners attracted by Ripple, and the fact that everyone in the market is optimistic about this thing.

Based on these good signs, three "blueprints" were drawn for XRP:

Small steps and fast running type: the price rises slowly to 5 to 10 US dollars.

Big strides type: soaring to 10 to 20 US dollars.

Rocket launch type: directly fly into the sky, and may rise to 50 US dollars or even higher!

This last situation is simply a dreamlike rise. If it can really be realized, friends who hold XRP will make a lot of money!

For the practical information of the cryptocurrency circle, click on the avatar to follow me, the deployment of 100-fold potential coins in the bull market, and the daily spot strategy!
$XRP $SOL $WIF
#TON #Ripple于诉讼中取得部分胜利 #加密市场反弹

TON coin is on the rise again, with Binance's help, and its future trend is very exciting!

Attention everyone! Recently, a cryptocurrency called TON has become extremely popular, and it is simply the most dazzling star in recent times! In the past six months, the price of TON has tripled, leaving DOGE behind. Now, Binance Exchange saw it and immediately announced that it would allow TON to join their big family on August 8. As a result, the price of TON has risen by more than 10%. Isn't it amazing!

Binance has invested a lot this time and launched several TON trading pairs at once, such as TON to BTC, TON to USDT, etc., and also added it to various money-making and currency exchange services. This is simply advertising for TON, telling the world: "We are optimistic about this product!"

Now, everyone is staring at TON, wanting to know how it will play next. A trading expert named AltCryptoGems said that TON has been performing very well recently, rising from more than 5 yuan to more than 6 yuan, but if it cannot maintain this more than 6 yuan, it may have to fall back. However, if it can hold and rise again, then TON will be amazing, and it may reach its historical high!

This expert also reminded everyone not to rush to chase it when seeing the rise, especially when the price reaches this critical moment. He suggested that we wait and see what TON will do next. After all, this is a game that is both exciting and a little risky.

There is also an analyst named Altcoin Sherpa. Although he also thinks TON is a good project, he still advises everyone to take it easy. He said that although TON is very popular now and many people are building on it, it will take more effort to really let everyone use it. So, he suggested that everyone should not rush to buy it at the current price, and you can wait and see.

In short, the rise of TON is indeed enviable, but investment should be rational and not be carried away by enthusiasm. Let's watch the show and see how TON will perform next!

For the dry goods in the currency circle, click on the avatar to follow me, the deployment of the 100-fold potential currency in the bull market, and the daily spot strategy!
$TON $ETH $BNB
#TON #PlusToken相关钱包转移ETH #美联储何时降息？

This week, we have to talk about several popular cryptocurrencies: ETH, XRP, ADA, BNB and SOL.

ETH
Alas, Ethereum had a difficult week. It was cold on Monday and closed down 15%. Although there was a small rebound in the middle, it still fell more than it rose. Now, it is standing at $2,400 to catch its breath, and there is still a big mountain of $2,800 above it. If it wants to turn around, it must first climb over this mountain. However, it feels that it is still struggling with the downward trend. Monday may be a low point, but we have to wait and see.

XRP
XRP is a small bright spot this week. It can return to the level before the crash, all thanks to the settlement news between Ripple and the US Securities and Exchange Commission. As a result, XRP has gained 5.6% this week, which is rare in a sea of ​​green. If it can maintain this momentum, it may even be able to hit the 0.68 cent level. Next, XRP may attract more attention because it recovered faster than Solana.

ADA
ADA also fell with the market this week, falling 10%. Fortunately, it found some support from 31 cents and slowly climbed up. If this rebound can continue, it may be able to touch the edge of 37 cents. But to be honest, it is still falling fiercely now, with new lows one after another. If ADA wants to turn around, it has to stand on 46 cents and set a new high. There is still a long way to go, but it may be close to the bottom.

BNB
BNB also suffered this week. It failed to hold the $500 mark and fell 10%. But fortunately, it climbed back again. Now it depends on whether buyers can hold the $500 position. BNB is a little weak now because the price has hit a new low, and the bears may want to take the opportunity to suppress it. Therefore, the $500 mark must not be lost again!

SOL
SOL is a model of counterattack this week! On Monday, it almost fell to $110, but now it is almost $160, only down 1.7%, which is amazing! However, it still has a hurdle of $163 to overcome, and if it fails, it may have to pull back. But in general, SOL's performance this week is too eye-catching. If it can break through $163, then $200 will be the next goal!

Coin circle dry goods, click on the avatar to follow me, bull market 100 times potential coin deployment, and daily spot strategy enjoy!
$ETH $SOL $XRP
#TON #Ripple于诉讼中取得部分胜利 #美联储何时降息？

Breakthrough is imminent! PEPE cryptocurrency stands on the key resistance level, and the surge is unstoppable!

PEPE, inspired by the funny frog Pepe, does not follow the usual path, has no pre-sale and no transaction tax, and wants to rely on everyone's power to make the meme coin popular. Recently, the entire cryptocurrency market has been rising, and big players like Bitcoin and Ethereum have gone crazy, and PEPE, the world's third largest meme coin, has also attracted a lot of attention because of its particularly bullish trend.

After the price of PEPE fell before, it rose sharply again. Although it has stabilized a little now, it looks like it will take off again as long as it rushes again. Now the price of PEPE is approaching $0.0000087, and it has risen by more than 12% in the past day. However, the strange thing is that although the price has risen, there are fewer people buying and selling, which may be because some people have begun to hesitate.

However, there is good news that the open interest of PEPE is increasing, indicating that there are still many people who are optimistic about it. PEPE is now at a critical point. If it can break through this hurdle, the price may soar 50% directly to $0.0000126 or even higher.

Now the entire cryptocurrency market is in a carnival. Although PEPE has not yet fully exploded, this stable state is actually a good sign. Everyone is watching two key prices, one is $0.0000077 and the other is $0.0000090. If PEPE can break through $0.0000090, many short sellers will cry because they will lose a lot of money. But if PEPE falls below $0.0000077, those who are long should be careful, as they may suffer heavy losses. However, judging from the current situation, those who are long are more confident, and those who are short may not be able to hold on.

In general, I am still optimistic about PEPE and think it has the opportunity to rise again. But investment is always risky, so everyone should decide according to their own situation.

For the practical information of the cryptocurrency circle, click on the avatar to follow me, the deployment of 100-fold potential coins in the bull market, and the daily spot strategy!
$PEPE $SHIB $SOL
#TON #Ripple于诉讼中取得部分胜利 #美联储何时降息？

Look, everyone, there is a hot news on BH NEWS! Pump.fun, a funny coin platform in the Solana ecosystem, is giving benefits to those funny coin creators! If you successfully publish your own token on the platform and complete the binding process, hey, you can get about $80 in Solana rewards, provided that your token is listed on the decentralized exchange Raydium. This move is quite ruthless, just to make the market less "runaway" scammers.

What's going on in the funny coin world recently? On August 9, the pump.fun team announced that as long as your token completes the binding process and is successfully listed on Raydium, you will be given 0.5 Solana, which is real money encouragement! Moreover, the previous $2 handling fee for issuing tokens is also waived, and now the first buyer will bear this fee. This change is great news for creators!

Why do we still do this? It's because previous data shows that 98.6% of the tokens on pump.fun failed to complete the binding process and could not be listed on Raydium. What is the binding process? Simply put, part of the money spent by the people who buy your tokens will go into a fund pool, so that your tokens are guaranteed on Raydium and will not be suddenly unavailable.

But even with this $80 reward, everyone is still worried about the problem of "running away". Some people buy tokens just to get in and out quickly, and they run away before the binding process is completed, leaving a mess. But then again, the pump.fun platform is quite popular. On July 29, its daily revenue exceeded Ethereum, earning more than $860,000, while Ethereum only earned $550,000. This platform was only opened in January this year, and it wants to rectify those malicious tokens created by insiders, which is a long-standing problem in the funny coin industry.

For us investors, this reward plan is a good thing, but we also have to be more careful. Although creators can get rewards, it is easier for new tokens to enter the market, and the binding process can guarantee some liquidity, the risk of "running away" is still there. If the funny coin circle wants to be more stable, it needs to work harder!

For the dry goods in the coin circle, click on the avatar to follow me, the deployment of coins with 100 times the potential in the bull market, and the daily spot strategy sharing!
$SOL $BTC $ETH
#BTC走势分析 #美联储何时降息？ #TON

Revealed! When will SHIB break through $0.01

SHIB has a huge fan base, with more than 1.4 million holders! Moreover, as new friends continue to join, this number is still rising. Most SHIB investors are ordinary people, and they have a dream in their hearts - when this coin rises to $0.01, they will become millionaires!

But the road to this dream is not short, and it may take several years or even decades to see the dawn of 1 cent. However, SHIB investors are quite stable. They know that good things have to wait slowly, and you can't eat hot tofu in a hurry.

Although the price of SHIB is sometimes like a roller coaster, there is a good thing that makes people feel at ease, that is, it is cheap! Spend a few dollars, and you can save millions of SHIB, which is a great comfort when the market is sluggish. SHIB is like a small candy that is within reach. It doesn't hurt to eat it, and it makes people feel sweet.

So, when will SHIB rise to $0.01? This is a big problem. To me, the most important thing is its frightening circulation - 589 trillion pieces! This number makes people dizzy. If SHIB wants to break through the 1 cent mark, it must consume at least 90% of the circulation.

Why? Because scarcity is the hard truth! When there are fewer things, everyone rushes to get them, and the price naturally goes up. Therefore, if SHIB wants to increase the price, it must find a way to reduce the circulation in the market. If there really comes a day when more than 500 trillion SHIBs are locked in a "dead wallet" (a wallet that can no longer be moved), then the dream of $0.01 is really not far away! Let's wait and see!

For the practical information of the cryptocurrency circle, click on the avatar to follow me, the deployment of 100-fold potential coins in the bull market, and the daily spot strategy!
$SHIB $SOL $WIF
#TON #美联储何时降息？ #加密市场反弹

As a bright new star in the gaming field, the MATR1X platform has carefully laid out four popular game territories: the passionate battlefield of first-person shooting, the endless challenge of battle royale, the strategic feast of RPG card placement, and the competitive situation of MOBA. These sectors are the most watched focus in the current gaming market, gathering the love and expectations of hundreds of millions of players. Especially dazzling are shooting games, which are like the shining pearls in the gaming world, with more than 2 billion loyal fans around the world. From the classic heritage of CS2 to the shocking experience of Call of Duty, to the global popularity of PUBG and Freefire, the huge user base of these shooting giants has undoubtedly paved a road to glory for the MATR1X platform, indicating that a huge potential user group is ready to go.

MATR1X is player-centric, brave to break the ice, and pioneered the cancellation of the threshold for NFT purchases. This move is like a spring breeze, warming the hearts of countless players. It not only eliminates the barriers of high thresholds of traditional games, but also welcomes the enthusiastic participation of more than 2 million shooting enthusiasts with an open and inclusive attitude, and together weaves a dreamland for all players.

In this MATR1X game universe full of infinite possibilities, every weapon and every prop is endowed with the soul of NFT. They are not only virtual items in the game, but also symbols of the player's personality and glory. Through the surprise mechanism of unboxing, players have the opportunity to obtain unique treasures and circulate freely in the free trading market to maximize their value. This model echoes the brilliant achievements of the CS2 skin trading ecology, indicating that the NFT trading ecology on the MATR1X platform is also expected to create an astonishing transaction volume of tens of billions of dollars. The fun of unboxing and the prosperity of the accessories economy not only inject endless vitality into the game world, but also break the traditional shackles of the game life cycle, making the game journey on the MATR1X platform more lasting and exciting.
#TON #MarketDownturn #BTC走势分析

Brazil leads the world and is the first to approve Solana spot ETF!

Hey, friends, there is big news! The Brazilian Securities and Exchange Commission CVM has given the green light to the Solana spot exchange-traded fund ETF, which is a big step in the crypto market! This ETF is developed by QR Asset and managed by Vortx. Now it only needs the final nod from the Brazilian Stock Exchange B3 to officially meet with everyone.

This ETF is not simple. It will closely follow the CME CF Solana US Dollar Reference Rate, which is an authoritative indicator jointly created by CF Benchmarks and the Chicago Mercantile Exchange CME. In this way, Brazil has directly surpassed the United States in the Solana ETF. Although the United States has recently approved several Ethereum ETFs, the application for Solana ETF is still waiting in line at the U.S. Securities and Exchange Commission SEC, and bigwigs such as VanEck and 21Shares are waiting.

Speaking of which, Standard Chartered Bank predicted in May this year that Solana and XRP ETFs were coming, but they estimated that they would have to wait until 2025. The people at VanEck also said that whether the US Solana ETF can be approved may depend on the results of the 2024 election and whether Gary Gensler, the chairman of the SEC, can be re-elected.

Interestingly, the large asset management company BlackRock chose to withdraw. They think that only Bitcoin and Ethereum ETFs can be approved in the near future, and the others are hanging!

However, Canada's 3iQ Investment Management Company is not idle. They have also applied for Solana ETF and plan to be the first in North America. Their trick is to pledge SOL to support stocks, saying that it can provide investors with "easy access" to Solana, and they can play without knowing too much technology. This trick is quite high, just to maximize returns through SOL investment.

In short, the Solana ETF thing is getting more and more lively, let's wait and see how it will develop next!

For the practical information of the cryptocurrency circle, click on the avatar to follow me, the deployment of 100-fold potential coins in the bull market, and the daily spot strategy!
$SOL $ETH $WIF
#TON #sol板块 #加密市场反弹

Solana is recovering, these 5 Solana altcoins are not to be missed!

Solana has been on fire recently, picking up all the chains that were lost before. With the rebound of Solana, the altcoins based on it have also become popular, especially those with medium and low market capitalization. In the next few months, they may be able to outperform Solana itself!

Speaking of this, I have to recommend a few Solana altcoins that I think are most worth investing in. Let's take a look.

HNT
Helium is a big player in the DeFi world, based on Solana. Although it has fallen a lot from its high point before, the price has recovered very quickly now, up 23% in 24 hours! Buying it now feels like picking up a bargain. If it can break through again next, it is not a dream for the price to go straight to $10.

PYTH
PYTH, people say it is a super fast version of Chainlink. Although the daily chart looks a bit down now, I feel that it is about to burst, and the bull market may break out at any time. Once that critical point is broken, it is not a problem for the price to double.

Win
Win, a cottage currency, is a master of liquidity staking in the Solana ecosystem. Although its market value is not high, it has huge potential. Now its price trend looks like it is about to take off. When the market gets better, it will easily reach a new high.

BONK
BONK, this is the king of meme coins on Solana, with a market value of more than one billion US dollars. Looking at its trend, it can't fall much, and buyers are still holding on. When the bull market comes, the price of BONK is likely to skyrocket.

JUP
Finally, let's talk about JUP, which is a DEX aggregator with a large trading volume. Now the price has been adjusted almost, and once the double bottom reversal comes out, the momentum is simply amazing. If it breaks through the key resistance level, it is no problem for the price to double.

In general, I think these Solana cottage coins are all potential stocks. If you buy them now, you may make a lot of money!

For the practical information of the cryptocurrency circle, click on the avatar to follow me, the deployment of 100-fold potential coins in the bull market, and the daily spot strategy!
$SOL $BONK $WIN
#TON #加密市场反弹 #美联储何时降息？

From XRP to RLUSD: Ripple's financial revolution, is the $1 mark just the beginning?

Ripple is planning to launch their highly anticipated stablecoin RLUSD, which is big news! Although this new coin is still being closely watched by the US Securities and Exchange Commission, Ripple's entry into the stablecoin world this time is really bold.

The launch of RLUSD has many benefits for Ripple. First of all, it can help Ripple simplify cross-border payments and make money run faster and smoother around the world. Moreover, this stablecoin may also allow more people to know about Ripple and use Ripple, so that the price of XRP may soar.

Ripple's boss Brad Garlinghouse also said that RLUSD can make Ripple stand more firmly in the institutional and decentralized financial DeFi circles, and bring traditional finance and DeFi closer. He also said that RLUSD will be supported by reliable things such as US dollars and US government bonds, and there will be third-party inspections every month to reassure everyone.

Now, everyone is guessing whether the price of XRP will go all the way to $1 after RLUSD comes out. Although the market is always changing, the stability of RLUSD and Ripple's efforts have indeed added a lot of points to the price of XRP. Especially if Ripple wins the lawsuit against the US Securities and Exchange Commission, the price of XRP may really soar.

Some experts predict that by 2025, the price of XRP may reach $1 or even higher. So, let's wait and see whether Ripple and RLUSD can really create miracles!

For dry goods in the currency circle, click on the avatar to follow me, the deployment of 100-fold potential coins in the bull market, and daily spot strategy enjoyment!
$XRP $SOL $BTC
#TON #Ripple于诉讼中取得部分胜利 #美联储何时降息？

BONK rebounded quickly after breaking the support level, and strong demand may drive the price up!

In fact, BONK's trend is similar to other well-known cryptocurrencies, reflecting market sentiment.

From the technical and support level point of view, although BONK once fell below the support level of $0.00001815, it quickly rebounded, indicating that demand is still strong.

The Aroon indicator sends mixed signals, showing strong upward momentum on the upside and less downward pressure on the downside. This divergence may mean a price reversal, but the Aroon rising line needs to continue to rise to confirm the upward trend.

The relative strength index RSI is 41.11, although it has recovered from oversold, it is still below the neutral level of 50, indicating that the market is not fully optimistic yet.

The momentum oscillator AO is still negative, but the histogram shows that the downward momentum has weakened. If the bar chart continues to improve, it may usher in an uptrend.

In terms of price, BONK recently fell to $0.00001815 and then rebounded to $0.00002105, regaining the previous support level, suggesting that the price may continue to rise.

If BONK can hold the $0.00002061 support level and rise to the $0.00003391 resistance level, the price will rise by 64.56%. If it rises further to the second resistance level of $0.00004440, the increase will be even greater.

Open interest rose by 11.22% to $7.16 million, indicating that investors are more confident about the price rise.

In terms of liquidation trends and market sentiment, short liquidations increased significantly in early March, exceeding $4 million, and BONK prices fell sharply. However, the recent stable liquidation levels, balanced long and short activities, and reduced price volatility may mean that the market will enter a consolidation period.

In fact, BONK has formed a symmetrical triangle pattern, which usually indicates consolidation before a breakout. It is worth noting that at the time of writing, BONK has reversed some of its losses on the chart, but technical indicators still show that this may be only temporary.

For the practical information of the cryptocurrency circle, click on the avatar to follow me, the deployment of 100-fold potential coins in the bull market, and the daily spot strategy!
$BONK $PEPE $SOL
#TON #BTC走势分析 #美国7月非农就业增长放缓

Hey, friends! Big news, the founder of Ripple announced something special for the community members!

Did you know? In previous years, they would reduce the supply of 150 million XRP, but this year is different, they are going to "give" it all back! In other words, in the next few hours, you have the opportunity to double your XRP.
The story behind this is that the lawsuit between Ripple and the SEC has finally settled. Ripple paid the SEC $125 million, which is much less than the $2 billion the SEC wanted at the beginning, because they said that what Ripple sold was securities.

Now, do you think XRP is going to rise?

Looking back at the past four years, whenever the SEC took action on cryptocurrencies, other altcoins tended to rise sharply. As soon as the news came out, XRP rose 20% in one day. Although not much, it at least returned to the level at the end of July.

I always say that technical analysis is very important. Anyone who can spend 18 hours in front of the chart can see whether the price is going up or down, all depending on the support and resistance levels. Fundamentals and technical aspects are both indispensable.

So, what is the conclusion? According to the news and past experience, both sides will definitely appeal. But don't forget that profit-taking and changes in market structure may cause prices to reverse, and we may have to experience another decline.

For dry goods in the currency circle, click on the avatar to follow me, the deployment of 100-fold potential coins in the bull market, and daily spot strategy sharing!
$XRP $SOL $BTC
#TON #Ripple于诉讼中取得部分胜利 #PlusToken相关钱包转移ETH