XRP Analyst Thinks The Coin Is Ready To Skyrocket By 21,000% To Over $150
XRP is one of the top performers, looking at the performance over the last three weeks. After sinking below $0.40 in early July, the coin has rebounded sharply, adding 60%. As the coin outperforms leading altcoins like Solana and Ethereum, for example, there could be more room for growth.
Is XRP Ready For $150? Analyst Thinks So
From the daily chart, XRP is trending above key reaction levels. Notably, the close above $0.55 (now key support) reversed losses posted in mid-April. Additionally, the confirmation of recent gains and the close above $0.62 earlier today could spur demand, extending gains toward $0.74 and eventually $1.
As optimism reigns, one analyst on X thinks the coin is preparing for sharp gains in the coming weeks and months. Sharing a price chart, the analyst said XRP is breaking out from the local resistance and the multi-year resistance trend line. From his analysis, the trader said XRP just broke from a “massive, 2,351 days resisting trend.”
The breakout from the bull flag anchored at the swing high, when prices rose to all-time highs of over $3.20, and the swing low, $0.16, when the coin plunged to $0.16 in 2021, is crucial. In the analyst’s estimation, XRP is now preparing for more gains that could propel the coin to $150 for an over “21,000% climb” from spot rates.
Settlement Of United States Versus SEC Case Crucial
It remains to be seen how prices will behave going forward. However, one of the key drivers of demand in the coming days and weeks will be the outcome of the ongoing case pitting Ripple and the United States Securities and Exchange Commission (SEC). Despite the partial win in July 2023, the regulator wants Ripple to pay a huge penalty of $2 billion.
However, things are evolving fast, with Ripple lawyers defending that XRP is not an unregistered security as the regulator alleged. The United States SEC is being accused of regulation by enforcement, forcing crypto innovation elsewhere.
During the last Bitcoin conference, former President Donald Trump said if he took over, his administration would fire Gary Gensler, the current head of the Commission. Trump said his plan would be to make America the leader in crypto and even establish a BTC reserve.
Brad Garlinghouse, the CEO of Ripple, has been critical of the United States SEC. After the agency requested the court to retract their classification of some altcoins, including ADA and SOL, as unregistered securities, Garlinghouse claimed the agency has been acting to fulfill a “political agenda and/or acting on bad faith” against crypto players.
Source: NewsBTC.com
The post XRP Analyst Thinks The Coin Is Ready To Skyrocket By 21,000% To Over $150 appeared first on Crypto Breaking News.
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Former president and presumptive Republican presidential nominee Donald Trump has seemingly changed his tune on cryptocurrencies.
In May, Trump said that if elected, he would commute the sentence of Ross Ulbricht, the cryptocurrency supporter and former operator of the black market website Silk Road, who is currently serving multiple life sentences. Although Trump has previously said he is “not a fan” of crypto, his campaign announced in May that it will now accept cryptocurrency donations.
Independent presidential candidate Robert F. Kennedy Jr. spoke at the Consensus 2024 event in late May, signaling his support for blockchain innovation and his commitment to protect the industry from hostile regulators.
Consensus 2024 was a cryptocurrency industry-related event hosted by crypto media company, CoinDesk.
Kennedy has previously highlighted the potential power of cryptocurrency to help protect the transactional freedom of Americans.
Phillip Shoemaker, executive director of Identity.com, says the 2024 election may be the first in which major U.S. politicians use cryptocurrency policies to attract voters.
“Congress pushed forward a market-structure bill as a way to properly regulate crypto, and this represents huge progress for the space,” Shoemaker says.
He says there are many voters in the crypto space that are one-issue voters, and politicians seem to be wising up to the opportunity that stance creates.
“You have Trump and RFK Jr. speaking positively about crypto—and, again, this is totally novel.”
Certainly! Let's explore the potential price of Terra Classic $LUNC in 2024. Keep in mind that cryptocurrency prices are highly volatile and influenced by various factors, so these predictions are speculative. Here are some forecasts:
1. **BitScreener Prediction**: - In 2024, Terra Classic could reach a peak of approximately $1.01, with a potential low of around $0.00005824¹. - By 2030, LUNC might fluctuate between $0.04808 and $6.98. - Looking ahead to 2040, the prediction suggests a peak price of $18.70, with a potential minimum of about $0.5956. - For 2050, the projected minimum and maximum prices are approximately $0.007426 and $16.94, respectively.
2. **Other Predictions**: - Another source predicts an average LUNC price of $0.0000928 in 2024, with a maximum of $0.0001196 (expected in July 2024)². - Yet another forecast places LUNC's price at $0.00029 before the end of 2024 and $0.00039 by December 2030³.
Remember that these predictions are based on historical trends, technical analysis, and market sentiment. Actual prices may vary significantly. Always do your own research and consider professional advice before making any investment decisions! 🚀💰
If the total supply of Bitcoin ($BTC) were 6,794,537,545,224 such as $LUNC , its price would be approximately $0.2032 (calculated for BTC $70k). So, if investors could act together, everything is possible in this market. Even with this high supply, the price can reach $0.2. If we include the burning event, the price will easily reach 1 dollar as the supply will drop considerably. Don't trust those know-it-alls and those who say it's impossible. The real problem is about how reliable, popular and functional you are. Maybe years later BTC will lose the race for the top, no one knows. "In this market, like everyone else, we buy dreams and try to sell this dream to someone else." Those who try to blame us, throw mud at us, attack us, no one is innocent, please pay no attention, do not let them intimidate you and dissuade you.. We have a case with those who victimized us and we stand behind them. With the hope of being reborn from our ashes like a phoenix..
Potential Surge Could Drive $FLOKI Price to $0.00054, Says Analysts
FLOKI, a meme coin that has seen significant price swings over the past few months, is currently taking a breather. After a particularly volatile May and June, the highest price paid for FLOKI was $0.0003449 on June 5, 2024. Since then, the price has dropped by 52.73%, reflecting the often unpredictable nature of the cryptocurrency market.
As of today, FLOKI’s price is $0.000164. Its 24-hour trading volume is $256.94 million, and its market cap is $1.56 billion. Despite a 9.43% decrease in price over the last 24 hours, the token remains a topic of interest among investors and analysts.
While recent bearish trends might suggest a challenging period for the token, many analysts are optimistic about its future. The current dip is seen as a temporary setback, with predictions of a significant upward climb on the horizon.
FLOKI Set for Potential 80% Surge In an exciting turn for FLOKI enthusiasts, renowned crypto analyst Javon Marks has shared a highly optimistic forecast for the cryptocurrency’s price trajectory. Marks’ analysis points to a significant recovery and potential gains for FLOKI, fueled by substantial buying volume.
Marks highlighted that FLOKI has confirmed a bullish pattern known as a hidden bullish divergence. This pattern is often a precursor to significant price increases. According to Marks, this divergence could signal an impressive recovery of over 80%, bringing the token back to the $0.0002761498 mark.
The FLOKI community is currently excited with this bullish prediction, because hidden bullish divergences are normally considered strong indicators of momentum to the upside. The token could be due for a big price jump, which in turn could bring back new attention and investments thus boosting its value. Nevertheless, Javon Marks’ analysis brings optimism into the FLOKI scene implying that there might be exciting times ahead for this popular meme coin.
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Yes coin's TON Ecosystem Game Project Reaches Record High Subscribers
According to Odaily, Yescoin, a TON ecosystem game project, has announced a historic milestone. The project's official Telegram channel has surpassed 6 million subscribers, nearing 6.2 million, setting a new record. This significant achievement demonstrates the growing interest and engagement in the TON ecosystem game project.
The announcement was made on the official Telegram channel of Yescoin, which has become a popular platform for updates and information about the project. The surge in subscribers indicates a growing community of enthusiasts and participants in the TON ecosystem game project. This milestone is a testament to the project's popularity and the increasing acceptance of such gaming ecosystems in the digital world. Everyone can join by Telegram Link https://t.me/realyescoinbot?start=r_6586990664
$FLOKI The Moona Liza Imagination Iconic Coin and your ticket to #Mars Patient is the Key
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CRYPTO INFINITE
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Bullish
$FLOKI is all green today and is holding up really well over $3B Mcap after it's recent push to a new ATH!
#FLOKI is on it's way to potentially flip $WIF at the rate it is going but more so continuing to make a statement to the Crypto world that it means business and will be the main #memecoin of this #bullrun 🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀
Big news, upgrades and token destruction are accelerating LUNC's rise, which could herald a major breakthrough🔥🔥 After the V3.0.1 upgrade, the price of LUNC increased up to $0.000120. In Binance's 22nd token burn operation, a total of 1.35 billion LUNC was destroyed and a total of 60 billion LUNC was destroyed. LUNC price is predicted to increase by 63% to $0.00021439. Binance continues to support the Terra Luna Classic ecosystem through its token burn program. On June 1, Binance destroyed 1.35 billion LUNC, and 60 billion LUNC have been destroyed so far; this accounts for 52% of the total community destruction. This move demonstrates Binance's commitment to the Terra Classic network and supports the token's price flexibility and future earnings potential. The v3.0.1 upgrade on June 2 is designed to improve blockchain efficiency and is part of the LUNC and USTC token recovery plan. Terra Classic coin is experiencing a bullish trend and is expected to increase its price by 63% with a price target of $0.00021439. Since the price reached the $0.00025000 region in early March, LUNC has tested the resistance line multiple times and recently managed to break above this level, showing signs of a bullish trend reversal. $0.00021439 is an important turning point in the coming weeks; LUNC will likely rise further and eventually reach $0.001391, up 1.134% from current levels. This bullish sentiment is widely shared among market analysts, and there are expectations that LUNC could rise above the $0.000200 level thanks to Binance support and network improvements. $LUNC $LUNA
$LUNC is a game changing coin, be patien, It will take only 14 to 15 months
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#LUNC stake return rates continue to decrease on the Terra Classic chain. ➖ LUNC APR rate decreased to 9.48%. Let's also say that it has a 2-3% return of #USTC .
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Floki in the light of Numerology If every letter of Floki has an amount as per letters sequence in Table of English then the position is as follow F = 6 L = 12 O = 15 K = 11 I = 9 Numerology exists on single digital but if we have to get and date, month or year then the following equation.
F6+L12= 18 O15+K11 = 26 I = 9
So Calculation give us a date 9th Month 18 day and year 26.
Date showing 9-18-2026 Means stay till 18 September 2026 Purchase coin and HODL till above date.
Terra Classic Price Forecast: $1 LUNC Nigh On SEC Settlement, Rising Open Interest
Terra Classic price prediction: LUNC is experiencing a significant surge driven by SEC settlement news, increased open interest, and positive technical indicators, indicating potential gains. Terra Classic price forecast: LUNC has recently shown a significant surge in the cryptocurrency market. The LUNC price is currently at $0.0001207, reflecting an 8.45% increase over the past day. It hovered above $0.00012 on Friday, indicating a strong upward trend and renewed investor confidence. Terra Classic Price Forecast: Market Optimism Drives Surge The market capitalization of Terra Classic stands at $699.65 million, marking an 8% rise. Its 24-hour trading volume has surged by 273.87%, reaching $128.13 million, positioning LUNC at #66 in terms of volume. The volume-to-market cap ratio is 18% while the circulating supply holds at 5.79 trillion, with a total supply of 6.97 trillion. Over the past week, LUNC price has been trading upward, with an 8% surge driven by increasing market optimism and renewed investor interest. Additionally, in the past month, this token experienced a steady rise of 15%, trading in a range of $0.0001 to $0.00012, reflecting a positive market sentiment.
SEC Settlement Sparks Interest in Terra Ecosystem Tokens The Terra Classic tokens experienced a notable price surge following a tentative settlement between Terraform Labs (TFL), Do Kwon, and the U.S. Securities and Exchange Commission (SEC). This development comes after a jury found Kwon and his company guilty of deceiving investors of nearly $40 billion.
The agreement with the SEC has sparked significant interest in Terra ecosystem tokens. According to Coinglass data, the futures open interests for LUNC and 1000LUNC have jumped by 15% in the last 24 hours. This spike includes a 20% increase in open interest on Binance, indicating substantial buying activity by derivatives traders. The Awesome Oscillator (AO) is presently at 0.00000850, suggesting a slight bullish momentum. The Chaikin Money Flow (CMF) stands at 0.01, indicating a marginal capital inflow into the asset, which might hint at a potential bullish trend if sustained. $LUNC #RISINGTOKENS #Lunc2TheMoonSoon #CryptoNewsCommunity