Les ETF Bitcoin pourraient bientôt voir le jour, la SEC refusant de contester une perte judiciaire La Securities and Exchange Commission n'a pas l'intention de contester une perte judiciaire majeure contre Grayscale Investments, selon une personne familière du dossier, ce qui rapproche la possibilité du premier fonds négocié en bourse Bitcoin. #BTC #BinanceSquare #Binance
L'avenir du Bitcoin : 70 000 $ et plus ? Cette formation « tête-épaules » et sa signification, comme l'illustre
#bitcoin , l'actif numérique dominant en termes de capitalisation boursière et d'acceptation, a récemment affiché des fluctuations notables dans son graphique de prix, suscitant des conjectures et des pronostics sur son orientation future. L'individu connu sous le nom de Mags sur la plateforme X, anciennement connue sous le nom de Twitter, et reconnu pour son expertise dans le trading de crypto-monnaies, a récemment publié une étude sur Bitcoin. Cette étude postule une augmentation imminente notable du prix du Bitcoin. Mags affirme que l'atteinte d'une valorisation de 70 000 dollars pour le Bitcoin est un résultat plausible. La base de sa déduction découle de l'observation d'un motif « tête et épaules » inversé sur le graphique des prix du Bitcoin. Il est significatif que cet instrument serve de mécanisme prédictif dans le domaine de l'analyse technique, offrant des informations sur les renversements de prix probables en analysant les mouvements passés.
#BTC There is a break through and the real wave is on the way. 💯💯💯
Crypto Traders Arena
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Haussier
Btc | Prepared for both scenarios of long.1. If we break the 26 936 area with a fair value gap above the wick we will confirm a double bottom formation ( W ) and will trigger the longs. Will hunt an entry.2. If we Sweep the lows the I will look for a reclaim on 5' and hunt a PO3 setup. This can provide a Wyckoff Accumulation which will pump into 28 000 area.Also we can pump into 27 000 area and reject back inside the range.
Is Friday, usually not the best day for scalping and we have to preserve capital and only focus on confirmations and clean setups.
Why Is the Crypto World Buzzing About XRP’s Potential $30.2 Peak?
Crypto analyst EGRAG predicts XRP could emulate Ethereum’s past 58x growth trajectory.
Ethereum surged from $80.9 to $4,700, a precedent XRP might follow, reaching a possible $30.2.
Despite skepticism within the XRP community, past trends show massive potential surges.
In the evolving world of cryptocurrencies, XRP is being heralded as the next big mover. Drawing insights from Ethereum’s historic growth, which saw a 58x rise even amidst its share of controversies, crypto expert EGRAG envisages XRP treading a similar path.
This bold prediction hasn’t come without its skeptics. Notably, some XRP aficionados are casting doubts on such ambitious forecasts, reflecting the array of opinions within the community.
#XRP 58X? Nahhhhhhhhhhhh, you're Delusional:Allow me to share some insight: In the previous cycle, #ETH achieved a 58X growth despite the controversies surrounding it. #XRP is poised to make a significant 58X leap, and this marks just the beginning. With legal clarity now in… pic.twitter.com/dlWAhlEjtK
— EGRAG CRYPTO (@egragcrypto) October 5, 2023
For context, Ethereum, after facing a steep decline in January 2018, managed to catapult its value from a mere $80.9 to an impressive $4,700 by November 2021. Using this as a benchmark, EGRAG theorizes that XRP, currently valued at $0.5215, could potentially soar to an astounding $30.2, far surpassing its previous peak.
Furthermore, XRP’s past paints an encouraging picture. From being priced at just $0.003 in January 2017, it made headlines by touching $3.317 within a year — a staggering 1,104x ascent.
However, while XRP’s legal clarity and historical feats set an optimistic tone, the unpredictable nature of cryptocurrencies advises caution.
XRP (Ripple) Price Prediction 2023 to 2031: Will XRP Price Hit 10X Soon?
Concluding, the future for Ripple and XRP in the crypto realm seems brimming with potential. With advancements in technology and a clearer regulatory environment, XRP might just be setting the stage for a monumental surge, making it a pivotal player in the cryptocurrency universe.
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The post Why is the Crypto World Buzzing About XRP’s Potential $30.2 Peak? appeared first on Crypto News Land.
#usdr The new coin will be on fire before 2024. 🔥🔥
Coinpedia
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Ripple News: How Low Can XRP Price Drop This Month?
The post Ripple News: How Low Can XRP Price Drop This Month? appeared first on Coinpedia Fintech News
The XRP market is buzzing with predictions, and everyone has their share of versions to convince naive investors. Recently, XRP slipped beneath the $0.49 mark for the second time this month, hitting a one-month low amidst a generally bearish market and heightened selling pressure.
The air above XRP’s current state stems from its bearish trend since it surged 5.21% on Oct. 3, following the latest ruling in the Ripple case. That day, Judge Analisa Torres denied the SEC’s motion for an interlocutory appeal on aspects of the July 13 ruling they lost.
Analyst Reviews XRP’s Bear Trapped Prices
Shedding some light into the scenario, Bill Morgan, a prominent pro-XRP lawyer, drew attention to this escalating bearish trend on Oct. 9. At that time, XRP was still holding above $0.50, but a gradual decline was evident.
Since the increase on Oct. 3, XRP has seen seven losses out of eight days, marking a decline of over 9.7%. XRP is trading at $0.4898, reflecting a 1.45% drop over the past 24 hours. The 24-hour trade volume has fallen by 29.28%, indicating reduced interest among traders.
XRP has now almost entirely lost the the gains from the recent Torres decision on the SEC’s motion for an interlocutory appeal as it previously almost entirely lost the gains from the summary judgment decision in July pic.twitter.com/Zloa3bcPMD
— bill morgan (@Belisarius2020) October 9, 2023
Understanding the XRP Decline
Since many are betting on XRP to reach a new ATH anytime soon, this bearish outlook catches everyone’s attention. So what’s pulling the 5th largest crypto asset? Firstly, a broader bearish sentiment has impacted the entire crypto market. Significant crypto assets like Bitcoin and Ethereum have suffered losses over the past week due to decreased buying pressure.
The global crypto market cap reached a two-month high on Oct. 2 and has since dropped by $70 billion, representing a 6.25% decline in just one week. These declines have had a spill-over effect, affecting assets like XRP.
Next up is the Israel-Palestine situation, which has also played a role in driving investors away from riskier assets like cryptocurrencies. Heightened tensions have led market participants to consider potential economic repercussions, prompting a move away from risk assets to hedge against potential crashes.
Finally, significant movements of funds by large holders to exchanges, including a transfer of 61 million XRP to Bitstamp, have raised concerns about further selloffs. Ripple moved 60 million XRP recently, contributing to the downward pressure on XRP’s price.
What’s Next in XRP Price?
In the coming days, all eyes are on XRP as it teeters on a retest of the 0.45 mark, igniting excitement about a potential visit to the pivotal support at 0.41. The Ripple community braces for an exciting few weeks ahead, poised for whatever twists and turns may come its way!
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