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Crypto Profit S
20 nov 2024

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Aviso legal: Se incluyen opiniones de terceros. Esto no representa una asesoría financiera. Puede haber contenido patrocinado. Lee los TyC.
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Expert Eyes XRP Explosion, Says in Years to Come, It Won’t Matter What Price You Bought EGRAG, a prominent market commentator, made this assertion in his latest disclosure. Notably, the statement comes at a time when XRP is witnessing a period of persistent turbulence, as Bitcoin (BTC) observed massive price declines. XRP Within a Broadening Wedge In his analysis, EGRAG’s chart shows a large broadening wedge pattern formed by XRP on the 3-day chart since 2014. For the uninitiated, in a broadening wedge, sellers and buyers are increasingly stepping into the market, forming higher highs and higher lows. This leads to the creation of two diverging trendlines, creating a widening range. The pattern typically signals increased volatility and suggests that a breakout, either up or down, is likely. Notably, XRP’s structure appears to be an ascending wedge, which often leads to a break below, but EGRAG believes current market conditions can be bullish. Breakout Attempts Interestingly, XRP has only attempted a breakout, up and down, four times since the wedge took shape. The first attempt occurred in December 2014, when XRP soared to a high of $0.0280. However, the resistance at the upper trendline triggered a massive correction. The pullback extended for over two years and led to the second breakout attempt, a bearish one. In this case, which occurred in February 2017, XRP collapsed to a low of $0.00525, with the bears looking to breach below the lower trendline of the wedge. However, XRP showed resilience, eventually recovering. Expectedly, the recovery triggered another attempt at breaking above the upper trendline in January 2018, when the asset hit a new all-time high of $3.8. However, again, the asset failed to breach the trendline. The fourth attempt, another bearish one, occurred recently during the collapse to $0.3825 in July 2024. Interestingly, beyond these, EGRAG eyes an ultimate target of $27, which aligns with the Fibonacci 1.618 extension. The analyst has consistently projected this target for XRP across multiple reports. $XRP
5 h
📢 🔝 Memecoin to Buy Right Now for Maximum ROI in 2025 🚀💰 The best time to invest in crypto is during bear markets, the second best time is just before the euphoric phase of the bull run kicks in. Shiba Inu (SHIB), Dogecoin (DOGE), and Pepe (PEPE) could be gearing up for the next major surge. 1. Dogecoin Could See More Declines Before A Reversal Dogecoin (DOGE) is trading around $0.21 after a 16% decline last week, with technical indicators pointing to further downside. The Dogecoin price has also slipped over 30% since mid-January, struggling to hold key support levels, with the weekly RSI sitting at 48, reflecting increasing downward momentum, while the MACD has formed a bearish crossover. Dogecoin whales are scooping up the dip, having accumulated approximately 750 million DOGE over the last few days. 2. Shiba Inu Whales Reignite Bullish Sentiment Recently, an unknown wallet has withdrawn nearly 151.61 billion Shiba Inu (SHIB) from Coinbase, amounting to approximately $2.41 million. In addition to this, in the past 48 hours, other Shiba Inu whales have bought 3.5 trillion SHIB, signaling growing bullish sentiment. To maintain momentum, Shiba Inu must break through resistance levels, above $0.000018 and $0.000020, with continued whale buying providing a possible catalyst for future growth. 3. Pepe Flashes Promising Signals Pepe (PEPE) has experienced a significant drop, falling 65% from its ATH, but several factors suggest a potential triple-digit rally in the coming months. A key reason is the exhaustion of sell-side liquidity and the mounting buying pressure, which could trigger a short squeeze, rapidly pushing the Pepe price higher. Additionally, Pepe has reached strong support levels around $0.000008, where buyers are stepping in to capitalize on the low price point. $SHIB $DOGE $PEPE #MEME #MemeCoinMarket #MemeCoinMillions #MemeWatch2024 #memecoin🚀🚀🚀
18 h
📢 SEC’s New Crypto Strategy Sends Ripple (XRP) Into Freefall 📉 The U.S. Securities and Exchange Commission (SEC) has lately been after major cryptocurrencies and platforms that have caused a lot of regulatory uncertainty. The SEC has also been targeting staking services and DeFi platforms in a move that has rattled crypto markets this week. Ripple (XRP), Solana (SOL), and Cardano (ADA) have all dropped in value because of the same, along with some other external factors. ♦️SEC’s Legal Battle With XRP Continues In 2022, Chair Gary Gensler emphasized that “the vast majority of crypto tokens are securities,” directly implicating altcoins like XRP, SOL, and ADA should fall under the US securities law. Ripple’s XRP, already involved in a three-year lawsuit, has plunged 10.8% in the last week. Moreover, as the case awaits its conclusion, investors are uncertain about XRP price. On-chain data reveals panic selling. This, coupled with the ongoing US stock market bloodbath, has left investors with no option but to turn to stable coins. Bitcoin follows a textbook ascending broadening wedge pattern, which projects a target price in the low $70,000s,” Markus Thielen, the founder of 10x Research, said in an emailed note. Analysts also pointed to U.S. president Donald Trump’s growing international trade war as driving the latest crypto market sell-off, which comes alongside the U.S. stock market falling from its all-time highs. Conclusion The SEC’s aggressive stance has cast a shadow over XRP and major altcoins. Now, as traders are warned not to “buy the dip," analysts are predicting how deep the bitcoin price correction could go and if it will escalate into a full-blown market crash. $XRP $BNB $SOL #MarketMeltdown #MarketImpact #MarketSentimentToday #MarketImpact #RippleSECSettlement
28 feb
🪙 🔝 Altcoins to Hold as the Crypto Market Looks Set to Repeat What It Did in 2021 🚀 The crypto market is already recovering from the recent market bloodbath, which saw tokens lose double digits. This recovery could see altcoins get ready for a new phase of bullish activities. 1. Solana (SOL) – Smart Contract Giant SOL is gaining momentum as analysts predict a major rally. Investment firm VanEck projects that SOL could hit $520 by 2025. 2. Tron (TRX) – Stablecoin Growth Fuels Potential Breakout TRX is showing bullish signs as USDT minting on its network surged by $1 billion. This pushed the total supply to $61.7 billion. This increase reflects strong demand for stablecoins. 3. Binance Coin (BNB) – Growing Ecosystem Signal a Possible Surge BNB is regaining momentum with a 5% increase in the past day. This shows that it's building momentum and could surge soon. The BNB Chain ecosystem is also expanding rapidly. 4. Cardano (ADA) – A Major Rally Could Ahead ADA is struggling to hold the $1 support level. However, analysts believe a major rally could be on the horizon. Historical data suggests ADA is repeating its 2020 accumulation pattern, which led to a parabolic surge. If this setup holds, ADA could reach $15 this cycle. 5. Dogecoin (DOGE) – Whale Accumulation Signals an Explosive Recovery DOGE could soon witness a rally. Crypto expert Trader Tardigrade predicts DOGE could surge to $2 soon. 6. Fartcoin (FARTCOIN) – High-Risk, High-Reward Meme Coin Ready to Pump Fartcoin has gained attention for its unique blend of humor and community engagement. 7. Pepe Coin (PEPE) – A Meme Coin Favorite Gearing Up for a Breakout Although PEPE lost one zero in the recent market dip, its long-term outlook is still promising. It rose by over 1000% in past years, becoming the best-performing top coin. 8. Shiba Inu (SHIB) – FOMO Builds as SHIB Prepares for a Rally SHIB could break out soon as analysts are already predicting a strong recovery. The Bollinger Bands indicator suggests SHIB has reached a local bottom. $PEPE $SHIB $DOGE
28 feb
📢 XRP in Focus as Ripple Releases Institutional Roadmap for XRP Ledger Ripple said in a Tuesday update the XRP Ledger network will build out more compliance functions and expanded lending, among other features, to let institutions meet regulatory requirements and offer new lending options. These include flexible tokens, a lending system, an EVM sidechain, and permissioned settings that take place directly on the decentralized network (without any intermediaries). The updates are in addition to features already live on the network, including clawback — a feature allowing the issuer to reclaim tokens tied to illicit activity — to decentralized identity applications. Flexible tokens are digital items representing anything — like bonds or collectibles — and come with extra details to make them more useful. A new lending tool will let companies borrow and lend directly on the XRP Ledger without needing banks or extra steps. It’s designed to be safe and follow the rules. Furthermore, the release of an XRPL EVM sidechain, which is slated for a mainnet launch in the second quarter of 2025, is expected to attract more developers to the network. This development aims to integrate developers from the EVM ecosystem into the XRPL framework by enabling support for protocols that are not feasible on the existing XRPL infrastructure. XRP will be the main token used to pay for transacting on this network — including all financial applications. The Ethereum Virtual Machine (EVM) is a decentralized computing engine that executes smart contracts on the Ethereum blockchain, enabling programmable, automated transactions. $XRP #BTCDipOrRebound #RippleUpdate #Ripple💰 #RippleXRP #RippleTrends
27 feb

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