30,000%? 60,000%? XRP gears up for biggest breakout in price history, but what's the outlook?
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Shiba Inu Is Sleeping: When Will It Wake Up? Solana on Reversal Support, Is Bitcoin Finally Safe on $60,000?This pattern is formed when the price paints lower highs and higher lows, with two converging trend lines meeting at the apex. It suggests indecision on the market with decreasing volatility as the price approaches the apex. Typically, the pattern signals that the price may break out in the direction of the existing trend, which, if we are still following the 2018 case, is up.
It is interesting to see where XRP could go if the triangle is indeed to be, as the cryptocurrency is already a $30 billion asset, and if it achieves even half of 2018's performance, it will be 30,000%. That means XRP's market cap could reach $9.66 trillion - something you probably did not believe could happen.
Gamza graduated with a degree in finance and credit with a specialization in securities and financial derivatives. He then also completed a master's program in banking and asset management. He wants to have a hand in covering economic and fintech topics, as well as educate more people about cryptocurrencies and blockchain.Holonym Foundation Emerges with $5.5 Million Seed Funding to Provide Global Digital Personhood with Human Keys
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