Given the slowness of the market xrp price prediction It remained bearish as it broke the symmetrical support at $0.3735. However, XRP is now trading just below the double bottom support near the $0.3565 resistance. Will XRP break the $3 mark? let’s find out!
Vitalik Buterin has recently gone on the offensive against Ripple and XRP, focusing on the token and structure of XRP and making strong accusations of centralization.
Earlier this week, he gave an interview with Bankless in which he dismissed suggestions that the company had become more decentralized in the face of criticism.
He said:
,A project in the crypto space needs some kind of on-chain data structure somewhere.
Regarding the controversy so far, he said that the corporation has not apologized for telling the US government that Ethereum (ETH) and Bitcoin (BTC) are controlled by China.
,XRP has not apologized for claiming that Bitcoin and Ethereum are Chinese-controlled.”
XRP is a digital asset, and Ripple is a firm, according to Ripple’s CTO David Schwartz, who responded to Buterin’s views on Twitter, saying that Buterin “still doesn’t understand, or is pretending to understand.” Ripple is a company.”
Buterin is one of many who think that Ripple Labs’ monopoly on the XRP market is a sign of centralization. The Ripple community has attacked Ethereum, claiming that the SEC’s favorable treatment of the cryptocurrency is due to (SEC) corruption.
Buterin responded to Ripple’s allegations that Ethereum and Bitcoin are Chinese-controlled assets, saying that XRP no longer has protection from the digital asset community as a result of such outlandish claims.
As a result, this is exerting bearish pressure on XRP, causing its price to drop.
xrp price prediction
On the technical front, the XRP/USD pair is trading at $0.3455 with a slight bearish bias. XRP broke out of a symmetrical triangle pattern that sustained it near $0.3730 on the 4-hour time frame. This is the same level where the 50-day moving average acts as resistance, aiding the decline in XRP price.
On the downside, XRP is expected to find immediate support near $0.3465, with a bearish break of this level to reach $0.3210. The RSI and MACD indicators are also in the sell zone, indicating a possible selling trend. If the demand builds up, the bullish pressure could overcome the $0.3510 resistance and target $0.3900 or $0.4110.
large capacity alternative coins
Since the SEC case against XRP will take months to resolve, some traders have started looking elsewhere for fast rewards. Here are some cryptocurrencies that have a lot of upside potential in the near future.
FightOut (FGHT) – Presale Launch
to fightA new move-to-earn (M2E) fitness app and gym chain that aims to bring the fitness lifestyle to Web3 has attracted the attention of investors who see the project as having the potential to revolutionize the current Web3 M2E landscape. Let’s see, has launched its pre-sale.
While existing M2E apps such as StepN only measure steps and require an expensive non-fungible token (NFT) buy-in to join, FitOut offers a more comprehensive approach to tracking and compensating users for exercise and activity. which does not require any such buy-in. ,
As the pre-sale raised over $2.86 million in just a few days, interested investors are urged to act quickly to secure their FGHT tokens at the current price of 60.06 USDT per 1 USDT.
FGHT Coin will power the FightOut crypto ecosystem.
Dash 2 Trade (D2T) – Pre-sale enters final phase
Dash 2 Trade is a promising cryptocurrency trading platform startup to invest in. With its unique features, the upcoming analytics and social trading platform is expected to take the crypto trading sector by storm.
Trading signals, social sentiment and on-chain indicators, pre-sale token scoring system, token listing alert system, and strategy back-testing tools are among the features.
The Dash 2 trade ecosystem will be powered by the D2T token, which users must purchase and hold in order to access the platform’s services. Dash 2 Trade is currently conducting a token presale at very low prices, selling just over $10.8 million.
The tokens can be purchased now for $0.0533 per token and will be available on multiple centralized exchanges within the next month.
Calvaria (RIA) – Final pre-sale phase now
A new play-to-earn battle card crypto game called RIA could become a reality. Calvaria’s mission is to increase the acceptance of cryptocurrencies by creating a bridge between the real world and cryptocurrencies in the form of a fun and easy-to-play crypto game. Calvaria’s RIA token pre-sale may pique investor interest.
Calvaria has now raised $2.57 million and is closing in on the end of its fundraising campaign, with only 17% of its tokens remaining.
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