$XRP when is the good entry ? Can it go down to 1.9$? | Thu Angelou Pk4c на Binance Square

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Thu Angelou Pk4c

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$XRP when is the good entry ? Can it go down to 1.9$?

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Thu Angelou Pk4c

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$USUAL The new BLACK HOLE 🕳️🤓

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Yeah , they’re all the same !!!

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The highlighted section discusses the Value Accrual mechanism of the “USUAL” token, focusing on its deflationary structure. Here’s what it means: 1. Deflationary Structure: • The token supply decreases over time through specific mechanisms, such as buy-backs (where tokens are repurchased and potentially burned or held by the platform). • This reduction in supply is known as deflation, which contrasts with inflation (where more tokens are added to circulation). 2. Purpose: • By reducing the total supply, the value of the remaining tokens is expected to increase. This is based on the principle of supply and demand: as the supply decreases and demand remains steady or increases, the price of the token rises. 3. Long-Term Benefits for Holders: • This structure aims to benefit long-term investors by enhancing the token’s value over time, providing an incentive for users to hold onto their tokens rather than sell them.

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$USUAL I hope you’re not gonna let us down again !!

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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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