Yes the king is waking up š You guys are clowns to be honest. Bunch of retardsš
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$XRP $BTC $ETH
This era will repeat itself, when the real KING wakes up from his sleep.
If you always look at the history of BTC's increase from 2013-2024, then I will show you the history of who the real King was in the past.
XRP is not like BTC because it is hampered by the SEC Case, if at that time the SEC case did not exist, maybe BTC and XRP would be King and Queen in the current era.
Do you know the IMF? This is the XRP utility that is trying to run in the Crypto world.
When this happens, no one can stop XRP from rising to the top chain like before.
Because the fundamentals become a bridge between Blockchain and the world's central banks.
Was there ever a time when XRP managed to dethrone Bitcoin as the top cryptocurrency? While I wasnāt around to witness it, Iāve seen this infamous image making rounds online today, sparking a lot of chatter. Itās hard to imagine Bitcoin, the undeniable leader of the crypto world, being anything but number one. š $XRP
Did XRP Outrank Bitcoin? Yes, XRP briefly held the top spot in terms of market capitalization in the past, specifically during the crypto frenzy of late 2017 to early 2018. This happened during a surge in XRP's value, driven by massive adoption speculation, partnerships, and its potential role as a revolutionary payment solution. At its peak, XRP's market cap soared to extraordinary heights, causing it to momentarily flip Bitcoin.
Bitcoinās Position as King Despite XRPās temporary rise, Bitcoin quickly reclaimed its crown. As the pioneer cryptocurrency, BTC remains the cornerstone of the market, with its dominance cemented by its role as digital gold and a store of value. Its decentralized nature and unmatched recognition make it the undisputed leader to this day. $ETH While XRPās historical achievement shows the unpredictable nature of the crypto space, it also highlights how altcoins can experience significant spikes during periods of heightened market enthusiasm. Nonetheless, Bitcoinās enduring position reminds us why it has always been regarded as the foundation of the cryptocurrency world.
It seems that Bitcoin has started forming an ending diagonal, which serves as the final impulsive waves in Elliott Wave Theory but has a corrective 3-3-3-3-3 structure, also known as a rising wedge. This wave will likely mark the end of a cycle pattern that began with Bitcoinās inception, correcting all the growth achieved so far. A correction of this magnitude has no strict limit, but it will likely end at the lower-degree fourth wave, around $3000 per Bitcoin. This is also where the power line lies according to the volume profile. This scenario will gain more weight if, in the coming days, instead of heading to new highs, we drop below $66,500 again. In that case, I expect a correction to the $59-60K range, followed by the last upward three-wave move toward 80K. From there, at the first signs of a reversal, I believe it will be prudent to focus exclusively on short positions, targeting extremely low levels below $10,000 per Bitcoin. $BTC