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Ripple price found support around its daily support level of $0.544, which coincides with the 100-day EMA at $0.547 on August 16. It rose 6.5% in the following three days. As of Friday, it trades slightly higher by 0.5% at $0.600.
If the daily support at $0.544 holds, XRP could continue to rally 7% from its current trading level at $0.600 to challenge the next resistance level at $0.643.
The daily chart's RSI and AO have flipped above their neutral levels of 50 and zero, respectively. These momentum indicators indicate bullish dominance.
📍BTC has climbed slightly above $61,000, sparking talks of a potential rally. There’s been some activity in the altcoins, but BTC and ETH are still trading within a range, hesitant to make any significant moves.
The pump on AUCTION has ended, and I was stopped out. The reversal was smooth without a final spike—seems like the market makers in this token are playing it smart.
Tron and the SUN token continue to stir up the market. SunPump has already surpassed PumpFun in earnings.
Having analyzed XRP prices, cryptocurrency experts expect that the XRP rate might reach a maximum of $0.773 in September 2024. It might, however, drop to $0.610. For September 2024, the forecasted average of XRP is nearly $0.692.
BITCOIN $BTC remains the world’s largest cryptocurrency, used by millions of people globally as a way to make payments or as an investment vehicle. Although Bitcoin has periods of volatility, its first-mover status means it’ll likely stay at the top of the pile for years to come.
As of August 21, 2024 Bitcoin is trading at $59,446.78, and the 24-hour change has been around -1.79%. Bitcoin recently topped its previous all-time high (ATH) of close to $69,000 from November 2021. This high was followed by a decline of over 70% throughout 2022, and Bitcoin bottomed out at the end of that year around $16k.
★End of 2024: With hitting a new all-time high in March, the approval of Bitcoin ETFs, an approaching Bitcoin Halving, and layer 2 advancements, the future looks bright for Bitcoin. As more and more people adopt it, there’s potential for it to continue growing in value in 2024, potentially even reaching a remarkable $90,000 by the end of 2024.
★End of 2025: Our analysis estimates that the BTC price could hit $81,332.20 by the end of 2025. As institutional adoption continues to grow and the effects of the 2024 $BTC Halving are expected to be felt this year, both of these factors could combine to push Bitcoin briefly into the realm of six-figure valuations before retracing slightly.
★End of 2026: Continuing its move, we predic bitcoin will climb to a high price of $108,145.24 by the end of 2026 unless a broad market downturn hits the sector.
★End of 2030: The uptake of cryptocurrencies continues to surge, as crypto regulations around the globe give investors a framework to operate in and merchants are accepting cryptocurrencies as payment for goods and services. Bitcoin remains the gold standard of cryptocurrencies and maintains a valuation of $250,930.88 by 2030.
Polygon's (MATIC) price has risen 27% since the start of this week and, as of Thursday, is continuing to trade higher by 0.5% at $0.52. On-chain data shows that MATIC's Total Value Locked (TVL) is rising, Open Interest (OI) is rising, and the long-to-short ratio is above one, suggesting a continuation of Polygon's bullish move in the upcoming days.
$DOGS Listed to 15 Exchanges, Trading Starts on August 26 The community is excited, particularly with ongoing discussions about a potential listing on Binance.