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Thu Angelou Pk4c
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$XRP
can it go down again to 2.25?
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Thu Angelou Pk4c
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$USUAL WHAT WE WERE WAITING FROM A F FRENCH PROJECT??🤬 THIS SHIT IS WORST THAN A MEME COIN
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USUAL = LUNA 😃 #scamriskwarning
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$USUAL Key Observations 1. Binance Investment: • Binance investing $10M is a strong indicator of confidence in the project’s potential. They typically back projects with solid fundamentals and growth prospects. 2. Price Volatility: • The price surge from $0.2 to $1.6 in one week shows high speculative interest, likely driven by hype and momentum. • The current drop to $0.93 is likely a correction, influenced by Bitcoin’s price movement (as altcoins often follow BTC trends). 3. Trading Volume: • A rise in trading volume from $120M to $136M suggests continued interest and activity in the coin. • This could indicate that traders are still engaged, and the project hasn’t lost momentum completely. Potential Scenarios 1. Recovery Potential: • If Bitcoin stabilizes or recovers, your coin could bounce back, especially if it has strong backing and fundamentals. • The increased trading volume may signal that new buyers are entering at this lower price point. 2. Further Downside Risk: • If Bitcoin continues to fall, altcoins, including this one, might experience further pressure. • Speculative coins that saw sharp rises often correct more severely. What You Can Do 1. Hold Strategy: • If the project has strong fundamentals and Binance’s involvement reassures you, holding through the correction might pay off in the long term. • Consider setting a stop-loss below 2. Reassess the Trend: • Monitor Bitcoin’s performance closely. If BTC starts recovering, altcoins like this one are likely to follow. My Opinion The fact that Binance invested heavily, combined with rising trading volumes, suggests that the project still has strong interest. However, its reliance on BTC price movement means it’s not immune to market volatility. If you believe in the project’s long-term potential, you might consider holding while keeping an eye on key support levels.
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$USUAL yesterday trading volume was 116M$ today‘s trading volume is 136M$, a lot of coins in the market don’t have that potential!!
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$USUAL I was Doing fine with xrp , and making a good profit from it , until I baught this garbage coin , and now I’m stuck with it , I think I’m gonna sell with a loose and never look back to this garbage coin !!
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$USUAL It seems like there are some serious issues with this
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