Disclaimer: This article is a press release and Newsbit is not responsible for the content, accuracy or completeness of the information provided. This article does not form financial advice. Investing in crypto currency or presales entails significant risks, including the risk of losing your full contribution. Always do your own research before you make investment decisions.
According to a well -known crypto analyst, the Ripple course could make a big leap during the upcoming period. On the basis of previous racing movements from Ripple, this crypto analyst predicts a possible increase towards $ 46. When does Ripple rise to this height? According to this analyst, three clear cycles can be recognized, each of them entailing an explosive growth.
Does Ripple rise towards $ 46?
The well -known crypto analyst Egrag Crypto shared different scenarios on X in which the Ripple course repeated historical price movements. In the first mentioned cycle, the rate dropped deep under 21-day EMA, followed by a huge decrease of 5,550%.
After this, the Ripple course recovered in a spectacular way towards the same EMA. A considerable correction of 2500%followed. According to Egrag Crypto, Ripple’s comparable route could now lead to a course of $ 46.
The second cycle mentioned is less intense, but still very impressive. The Ripple course then dropped by 150% below the 21-day EMA, managed to recover briefly and then dropped by 500%. Egrag combined these two cycles and came out on a race towards $ 30, but made a more realistic estimate of 27%.
The third cycle that Egrag mentioned is, according to the crypto analyst, the current cycle in which XRP is located. According to him, XRP has left the 21 EMA again and now seems to rise by 430%. If Ripple is able to keep the price above $ 2, the EMA will drop to meet the price, according to Egrag. He sees these signs as the start of the next Crypto Bull Run.
It is clear to him: the market is moving in full and Ripple will increase soon.
Does Ripple rise towards $ 27 within 60 days?
Egrag does not stop his predictions, according to the crypto analyst, Ripple could possibly rise within 60 days towards $ 27. If the ripple rate remains above $ 2.30, the rate can hold the bullish momentum. He compares the current trend with that of October, when Ripple saw an increase of 1772% within 60 days and set up a new ATH.
He sees a breakthrough above $ 3 as an important, necessary step to achieve the double digits. At the time of writing, the race is $ 2.30. A big step back to expectations according to Egrag Crypto.
Bron: CoinMarketCap
The graph has shown lower peaks and lower soils since the peak in mid -May, normally this leads to a correction, but Since 23 May, XRP consolidates just above $ 2.25. This indicates decreasing sales pressure. As long as the ripple course knows how to stay above $ 2.30, the bullish moment remains stronger.
Bron: CoinMarketCap
The Bollinger bands also seem to narrow a little, which often indicates an upcoming outbreak. The rate is currently slightly below the 20-day average. The moment Ripple manages to win this line again, that could be a start of an upward trend. At the moment, $ 2.23 seems like an important support zone.
Bron: CoinMarketCap
The RSI is at the time of writing on 48.66, below 50 line. It points to a slightly decreasing buying pressure, but no alarming figures. The moment the RSI rises above 53.50, this means that the buyers take control again.
All signals seem very bullish, the ripple course seems to be preparing for a strong rise. The upcoming days are very important. Historically, the Ripple course often comes very strongly from the consolidation phase, something that Crypto Analyst Egrag emphasizes. All eyes are therefore focused on the ripple course in the coming time.
New Altcoins lifts on the success of Ripple
The bullish signals from Ripple and other large altcoins ensure strong confidence from investors. Now that Bitcoin has also set up a new ATH and the market is ready for the next crypto Bull Run, investors are focusing on new altcoins. New crypto coins such as Solaxy, BTC Bull and Best Wallet token are particularly popular because of the growth potential. It could just be the next X100 crypto coins.
These new projects respond perfectly to current trends such as AI, Defi and are also often community driven. New Altcoins are ideal for expanding crypto portfolios because they offer low entry prices during the presale, which makes the chance of a high ROI very high.
Solaxy – First Layer 2 Network on Solana
Solaxy ($ solx) is the first Layer 2 network built on Solana. The Presale of Solaxy is at least great. More than $ 41 million has since been collected. But what makes this project so popular?
Although Solana is one of the largest and beloved networks, it regularly has to do with challenges in the field of scalability and network. Especially during peak moments, the network can fail and experienced traders slow or failed transactions.
Solaxy will process transactions off-chain so that traders do not experience downtime, in addition, transactions are bundled, making Solaxy more scalable than Solana. The new network is designed to strengthen the potential of Solana and at the same time use the power.
The $ solx token is the key to the network. This token can be purchased during the presale for a reduced rate. Please note: the presale ends in less than a month at the time of writing. The $ solx token can also be staked for earning a passive income and offers Holders full access to the potential of the network.
Users can perform with Sniper Bot speeds, which is made accessible to every user. With this, Solaxy creates a level playing field. Developers are also enthusiastic about Solaxy, because the network is adjustable so that developers can develop and launch Dapps without worries about network and delays.
Solaxy shows that a meme coin goes beyond a funny picture and can actually write history on the blockchain.
Now to the Solaxy website
BTC Bull ($ BTCBULL) has an important mission in mind: pushing the Bitcoin course towards a historic high point of $ 1 million. Thanks to choosing this unique theme, this popular Presale crypto coin distinguishes itself from other meme coins on the market.
In addition, BTC Bull stands out immediately because of the community rewards. Holders of the $ btcbull token automatically participate and free crypto airdrop, with which they can receive free bitcoin in their wallet. There is no need to make an investment in Bitcoin itself, this makes the presale ideal for small investors who find the Bitcoin threshold too high. In this way they can also benefit from the Bitcoin course.
How does it work? The moment the Bitcoin course reaches certain rate milestones, for example $ 150k, $ 200k and $ 250k, BTC Bull is launching a free crypto airdrop. Holders then receive free bitcoin. The amount of bitcoin depends on the purchased $ btcbull tokens – the tokens that were purchased during the presale counts.
In between at Bitcoin price increases of $ 25k, BTC Bull Token Burns organizes. Historically, token Burns ensure substantial value increases, which is of course good news for early investors. During the Presale, the $ BTCBull token can be purchased at a reduced rate and the strike rewards are higher.
The further the presale goes, the lower the apy becomes and the higher the token price becomes. The presale is in good shape, more than $ 6 million has been collected in a short period. What contributes to the already successful Presale is the collaboration with the popular Best Wallet. Thanks to this collaboration, Holders do not have to create an external wallet, but they can manage their $ BTCBull tokens under one roof, Staken and receive their free bitcoin.
Now to the BTC Bull website
Best Wallet Token – governance token van Best Wallet
Best wallet token ($ best) is the new governance token from Best Wallet. What is immediately striking is that a crypto wallet has not launched its own token. Best Wallet is ahead of other wallets. What makes best wallet token so special?
To begin with, $ $ quite a load of benefits for token hollowers. Not only complete access to the user -friendly platform of Best Wallet, but Holders can benefit from lower transaction costs and higher strike rewards. In addition, $ is quite a governance token, which means that Holders can vote on the board. They therefore immediately determine the direction of Best Wallet Token.
Best Wallet also offers a fantastic feature, namely upcoming tokens. These are presale coins such as BTC Bull who have entered into a partnership with Best Wallet. Users can go to this option, view new crypto presale projects and be the first to board for the lowest possible price. This offers the chance of an even higher return.
Best Wallet also offers other useful functions such as strike and crypto airdrops. Because of these options, users can earn extra money with crypto. The airdrops consist of daily, weekly or one -off assignments via social media. After completing these assignments, Holders earn $ best tokens for free.
$ Best also works together with various iGaming partners, thanks to this collaboration, Holders can receive extra rewards at online casinos such as free spins. In the near future, Best Wallet is launching a crypto payment card with which you can pay directly with crypto in physical places. This is possible anywhere in the world where Mastercard is accepted and Holders receive cashback on every purchase that is made with the card.
Now to the Best Wallet Token website
Disclaimer: This article is a press release and Newsbit is not responsible for the content, accuracy or completeness of the information provided. This article does not form financial advice. Investing in crypto currency or presales entails significant risks, including the risk of losing your full contribution. Always do your own research before you make investment decisions.
Source: https://newsbit.nl/crypto-analist-xrp-koers-volgt-3-delige-cyclus-naar-46-wanneer-stijgt-ripple/
