Guys, don't say I didn't warn you! The XRP bull market is coming, and we will see this coin hit a record high. Not only that! XRP will continue to soar more than ever. I know, I know, I may sound crazy because we have seen a sharp drop in the coin, but please take a moment Listen to this video. I assure you that it is worth it, you will only have this opportunity once in your cryptocurrency life . So let's start the introduction. What's wrong, guys! Welcome to Money Side, we let money do the talking. If you haven't, please click the subscribe button and let us make money together. @Traderview2 shared a very interesting tweet; yelling at you for this epic analysis. Every cryptocurrency on the market has experienced a severe decline in price and quantity.
But XRP is not the case. As you can see, since July last year, Litecoin is currently falling , And may continue. On the other hand, BTC has been ups and downs everywhere since last year. Currently, it is in a downward trend. But the king of cryptocurrencies has some magic. Soon, we will witness a massive influx of this cryptocurrency. Ethereum is another cryptocurrency that is also in a severe downward trend in transaction volume. This may be due to fierce competition and the token is about to be changed to ETH 2.0. The dApp platform will soon run with its new proof of stake, which will Revolutionize the decentralized application industry in terms of scalability. So, let us wait and see. But guys, look at the XRP chart! Isn't it beautiful? You don’t need to be a genius to tell you that whales are pouring into this coin, We will soon witness a severe bull market, which may turn whales into Get richer. Why not seize this opportunity to invest before the massive XRP bull market? This will happen soon. The chart only highlights what has happened to XRP in the past 12 months.
Most crypto enthusiasts believed in the mission of this coin before the SEC lawsuit . This is why XRP soared to third place and almost replaced Bitcoin's top spot. But who knows! Once the SEC case is over, XRP may still soar to its highest point. Another tweet worth mentioning comes from @Mark_Phillips, a crypto enthusiast who inspired the crypto world Did an incredible job. In his tweet, he said: "If you don’t know why @Ripple and $XRP To be attacked, just pay attention to the funds and ask who is threatened by damage? DeFi will weaken banks whose fees/control rights. Large holders of $BTC/$ ETH. The XRPL/XRP ecosystem realized by Ripple is their biggest nightmare. " He continued: "They attacked because they were afraid of the imminent Things that happened. What they heard was the inevitable voice. They will delay as much as possible and benefit from it as much as possible, But they cannot stop this master." Thank you for showing us the potential of XRP.
Guys, from the previous tweets, where do you think all the money went? XRP is obvious, right? Now, this coin is constantly under attack and the SEC is working too hard against it The only reason is that they want to take advantage of its decline. Now, they have no way to stop it. Obviously, this coin is a potential gap between fiat currency and cryptocurrency, so profit from it The only way is to wait until it drops.
How did they do that? Well, through a trivial investigation of it. Even if the whole world attacks it, the mission of XRP is inevitable. Ask yourself why XRP is the only encryption attacked in the entire encryption space? Why not BTC or even ETH? you guessed right! The coin is heading straight to the moon, and we have only seen its beginning. Let's imagine! SEC lawyers withdrew from the lawsuit and continued to comment on the case. In his words: "So I want to show that this is my To understand the current situation, I don’t want to be overly technical, but myself The understanding of the SEC did not take an official position. No action was taken to say that Bitcoin is not a security and Ethereum is not a security. " So far, the Ripple case is still in the pre-trial discovery stage, but things have become It's interesting.
Of course, Bliss tried to maintain his credibility as a lawyer because he It has been seen that this lawsuit is groundless. If the SEC continues to pursue the case, they are likely to lose. There is no doubt that XRP will become one of the few survivors of the SEC, and it will flourish. Like I said before, even if the price of the token keeps falling below the U.S. dollar , We will still see a strong bull market. My advice to you is to stock up as much XRP as possible, because we may never see it again The current price is low. As the trading volume continues to increase, the price will soon reflect XRP duty of. This will be a direct lunar slingshot. We also see large banks connecting with RippleNet to speed up transactions and reduce cost. This is a big step forward for XRP. And it doesn't stop there! Even the central bank has already signed this token, which may strengthen This kind of bull market.
Nothing is clearer than this! Guys, I can't emphasize enough. XRP is heading to the moon, now it's time to board the plane. If you don't believe me, please take a look at the technical analysis. As I always say, speculation cannot be conducted without the support of technical analysis. If we look at the 4-hour time frame, the time for long-term purchase of XRP here is ripe. In the past few weeks we have seen this market be disrupted and XRP has fallen to Its 2-month 4-hour pivot control area ($0.85/$0.80). I am confident that we can move to the next level and in September End this bull market cycle. I buy the target between 0.83 and 0.90 and I will make a profit and hope Immediately add more confirmed support at $1.22. Now we are looking at the daily chart. RippleX has announced the launch of Planned community grant program .
NFT, core infrastructure, developer tools, developer user experience and security will become Funding plan the key of. For the first round of financing proposals, the team promoted a focus on NFT's initiatives. The deadline for the first round is June 10. With this in mind, XRP is worth buying One of the best coins . Currently, XRP is above a strong support area, if you are a holder or a long-term trader , You can buy some . If we look at the monthly BTC chart, Bitcoin will close within 3 days. This It was the worst loss since the flash crash in March 2020. So far, it is still above the monthly MA20 (yellow trend line), but this alone does not explain much. Although we have not studied a parameter on the (very long-term) monthly chart.
As you can see on the chart, each Bitcoin bull market cycle has a monthly RSI to form a double Top end. Then, the bear market cycle begins and breaks below the monthly MA20 It bottomed shortly thereafter. This time BTC did not have a double top of RSI, but the price fell sharply to 92.00 (RSI value). If the end of the bull market cycle requires the RSI double top theory, then the price Similar to the location in June 2013 and September 2017. A further manifestation of this concept can also be seen on this weekly chart. The weekly RSI tries to reach the bottom from the 2018 bear market cycle The beginning of the higher low trend line. Safe transaction guys! Please remember that we are not a licensed financial advisor. All videos on this channel are for entertainment purposes only. Tell us what you think in the comments section below and let us have a conversation. Thank you very much for watching. Don't forget to like this video and click the subscribe button below. Turn on notifications to get notified when we post great content.
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