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Simon Chandler
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Simon Chandler
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Simon Chandler is a Brighton-based writer and journalist with over ten years of experience writing about crypto, technology, politics and culture. He has written for Cryptonews.com since late 2017,…
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We believe in full transparency with our readers. Some of our content includes affiliate links, and we may earn a commission through these partnerships. However, this potential compensation never influences our analysis, opinions, or reviews. Our editorial content is created independently of our marketing partnerships, and our ratings are based solely on our established evaluation criteria. Read More
Last updated:
1 hour ago
Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
The market has taken another dive today, with a mix of liquidations and recession-related fears serving to depress the crypto price prediction for XRP, Solana and BNB Coin.
But while these three tokens have fallen within the past 24 hours, their fundamentals remain as strong as ever, with all three poised to rebound vigorously once the mood becomes more bullish.
They could set new records by the end of the year, while a promising new token could also storm the charts once it lists in the coming weeks.
Crypto Price Prediction: XRP ($XRP) – Altcoin Set to Surge As ETFs Prepare to Launch.
XRP has dropped by 2.5% today, as its liquidations within the past 24 hours near $9 million.
At $2.41, it’s also down by 20% in what has been a difficult month, yet it holds on to a very healthy 340% increase in a year.
Aside from maybe Bitcoin, Ethereum, Solana and BNB, XRP is in a better position than any other token to return to strong growth once the market stabilizes.
It’s waiting on the (imminent) launch of more than ten XRP ETFs, which will boost its price in the way that ETFs boosted Bitcoin and Ethereum.
On top of this, Ripple has been growing vigorously since finally settling with the SEC in August, with the company making acquisitions, announcing new partnerships and expanding into new areas.
Such factors make the oversold character of its chart look very bullish, implying that a big recovery should arrive sooner or later.
If we look at its MACD (orange, blue), for example, we see that it has been declining for a week or so now, and is close to bottoming.
Once it does, the coin should be in line for a big…
#crypto #bitcoin #ethereum #cryptocurrency #news #blockchain #litecoin #cryptonews #cryptonewstoday #cryptoworld #cryptonewstoday
***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST ENTERTAINMENT!
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bitcoin, blockchain, crypto, cryptocurrency, altcoin, investment, ethereum, bitcoin crash, xrp, cardano, ripple
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