CHARLES DOW: THE 6 PRINCIPLES OF TECHNICAL ANALYSIS THAT EVERY TRADER SHOULD KNOW
CHARLES DOW IF YOU LIMIT YOURSELF TO DOING WHAT MOST DO TO OBTAIN THE PROFITABILITY OF YOUR DREAMS, DON'T EXPECT THIS TO REALLY BE EXTRAORDINARY. SUCCESS IN INVESTMENTS OR ANYTHING YOU DO IS ABOUT TAKING RISKS. IF YOU ARE EXPECTING THAT BEHIND AN ACTION THERE IS A CONTROLLED REACTION, AND THAT YOUR CAUSE HAS A PLAUSIBLE EFFECT, DON'T EXPECT LIFE TO AMAZE YOU. In 1882, a charismatic young man named Charles Dow, with an innovative approach to market trends, ruled what we still repeat today: the trend is your friend.
Technical indicators and recent market activity suggest a potential breakout for XRP, with some analysts predicting a significant price increase in the coming months. World of Charts (@WorldOfCharts1) recently identified a symmetrical triangle pattern on XRP’s chart, a technical formation often associated with price volatility and potential breakouts. A symmetrical triangle is a chart pattern formed by converging trendlines, indicating a period of price consolidation. As the price fluctuates within the triangle, typically over several weeks or months, buying and selling pressures balance each other. This consolidation phase can be a precursor to a significant price movement upwards or downwards. In the case of XRP, the symmetrical triangle has been forming over an extended period, as World of Charts traces its origin back to early 2020. This prolonged consolidation suggests a potentially strong breakout if the price surpasses the triangle’s upper trendline decisively. How High Can XRP Climb? World of Charts projects a price target of $4 to $5 based on the symmetrical triangle formation in the coming months. The maximum target of $5 translates to a potential increase of over 847% from XRP’s current price of $0.5277, showing the immense potential possessed by XRP. Supporting the bullish outlook for XRP is its current trading behavior. The digital asset is sitting above the $0.52 crucial support level. Despite a slight 1.37% dip over the last 24 hours, XRP’s price above this level suggests investor confidence and strengthens the possibility of a breakout from the symmetrical triangle. Shared Bullish Expectations Meanwhile, Dark Defender, another well-known crypto analyst on X, applied the Elliott Wave Theory and other technical analysis tools to XRP’s price movement. The Elliott Wave Theory posits that a bull market unfolds in five distinct waves, with the third wave typically characterized by the most significant price gains. Dark Defender believes XRP is in this wave, which he calls the Grand Wave 3, and expects massive surges soon. EGRAG CRYPTO (@egragcrypto), another prominent analyst recently predicted that an XRP mega run is coming, and he expects the digital asset to reach double-digit targets. The 12.09% surge in XRP’s trading volume over the last 24 hours also signifies growing investor interest and market activity. While future price movements are uncertain, investors are accumulating XRP, suggesting that the anticipated breakout could occur soon. ⚠️Disclaimer This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader. #XRP #Ripple
😱🫨Lost password of million-dollar Bitcoin wallet found after 10 years
the lost password of the wallet where 43.6 #BTC was stored, which was purchased in 2013 and is worth about $ 3 million at today's prices, was found years later. The one who revealed the password was two hackers who specialized in this field.
He could not access his Bitcoins when the encrypted file was corrupted A man, whose identity was kept secret and named as Michael, had set up his wallet in 2013 and used the RoboForm platform to create a password. Michael, who did not want to store the password he created in RoboForm due to security concerns, kept it in an encrypted file. After a while, the encrypted file was corrupted and the owner could not access the 20-character password, hence the 43.6 $BTC in the wallet.
According to the video released on Youtube, Michael contacted a hacker named Joe Grand to help in the year 2022. Grand has previously been famous for recovering lost Bitcoins held in a Trezor Tue wallet.
They tried countless times until they found the right password Grand started working with a friend named Bruno to crack RoboForm's software. They discovered a vulnerability in the password generator of the software. Allegedly, the password was set according to a certain date and time on the computer where the password was created. Although the company closed the vulnerability in 2015, passwords created earlier could be accessed in this way. While Michael does not remember when he created the password, the hackers found that Bitcoins were transferred to the wallet on April 13, 2013. Then, they tried a large number of passwords one by one until they found the correct password.
#Bitcoin will hold until it is 100 thousand dollars Grand and Bruno, who managed to open the wallet, took part of Michael's Bitcoins. Michael, who also made some sales for himself, still owns $2 million worth of Bitcoin. #btc70k #binance
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